The Really Useless Thread | Page 125 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #2,481
  • Aug 24, 2011 1:45pm Aug 24, 2011 1:45pm
Quoting sisse
Probably the most important lesson to learn in trading but surely the most ignored one among traders in FF.... Nice and congratulation for the good day...

sisse
thx...trading is like the 12 step program.... my progression seems to be a function of my succeess...not just % or $, but more R:R based facilitated through MM / ENTRY / EXIT .... the trinity IMHO
  • #2,482
  • Aug 24, 2011 1:47pm Aug 24, 2011 1:47pm
Quoting needpips
I have cleared a nice $ today and am really learning to sit on my hands.....so now I mark some levels up and down and play accordingly when we are in these slow times....I hate giving the bastards back $
That's good.... There are certain things that were not touched on the down side. So I think the order will be down and then up (London or later).

4379 was the low for both TY and London, and the bounce from 90 so far is not very convincing. I had 4360 last night that was not visited and it's still valid.
  • #2,483
  • Aug 24, 2011 1:47pm Aug 24, 2011 1:47pm
Quoting PipChick
LOL....really? Well I think I contribute here plenty and I dont think most would agree with you. So go pick on someone else Magix or simply hit the ignore button and dont read my posts
Have a good day
Simply posting is not a contribution, that is a waste of internet, and the reason I think your analysis belongs on the newbie thread.

Perhaps if you took a moment to qualify what would validate or invalidate your squinted eye analysis, it might be considered a contribution...otherwise, I stick to my original statements.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,484
  • Aug 24, 2011 1:49pm Aug 24, 2011 1:49pm
Quoting needpips
thx...trading is like the 12 step program.... my progression seems to be a function of my succeess...not just % or $, but more R:R based facilitated through MM / ENTRY / EXIT .... the trinity IMHO
I never cared about entries much. Maybe I should. MMMMMMMMM/TP is pretty much how I go about it.
  • #2,485
  • Aug 24, 2011 1:50pm Aug 24, 2011 1:50pm
Quoting Magix
Simply posting is not a contribution, that is a waste of internet, and the reason I think your analysis belongs on the newbie thread.

Perhaps if you took a moment to qualify what would validate or invalidate your squinted eye analysis, it might be considered a contribution...otherwise, I stick to my original statements.
I dont need to validate or invalidate ANYTHING. I think MOST people on this thread can clearly see AND understand my logic. I am sorry if YOU cannot. Now, stop badgering me please.
  • #2,486
  • Aug 24, 2011 1:52pm Aug 24, 2011 1:52pm
Quoting Magix
Simply posting is not a contribution, that is a waste of internet, and the reason I think your analysis belongs on the newbie thread.

Perhaps if you took a moment to qualify what would validate or invalidate your squinted eye analysis, it might be considered a contribution...otherwise, I stick to my original statements.
Hey Magix, how was your day? I hope was good.

Just a suggestion. I know you have your personal issues with her, but lets try to keep this thread calm and fun or have a good 12 round with her but in the other thread, what do you think?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,487
  • Aug 24, 2011 1:52pm Aug 24, 2011 1:52pm
Quoting attila
I never cared about entries much. Maybe I should. MMMMMMMMM/TP is pretty much how I go about it.
I am a very win / reward / addictive personality type, so the juice for me (discounting the $) is the win; or % of win. I have concluded that ENTRY is about the holiest part of this game....Y? Because its super easy to get in a trade, yet a biatch to get out with profit.....Ive really honed in on this as critical to survive, thus my obsession.
  • #2,488
  • Aug 24, 2011 1:53pm Aug 24, 2011 1:53pm
I have NO interest in fighting with Magix. I am here to trade and have a little fun. I may not be right all of the time but I dont do too bad.
I try to trade with the least risk possible and for ME..thats the name of the game simply because there is only ONE entity that is correct 100% of the time and that happens to be the mkt.
  • #2,489
  • Aug 24, 2011 1:56pm Aug 24, 2011 1:56pm
Quoting PipChick
I dont need to validate or invalidate ANYTHING. I think MOST people on this thread can clearly see AND understand my logic. I am sorry if YOU cannot. Now, stop badgering me please.
You think it is badgering because I think your post is garbage...If I agreed with you, that would make me an idiot too...Sorry, not gunna go there for ya.

If you cannot complete your analysis...then just say so.

We have a lot of seniors that can help you with the quality of your trading and ability to post an analysis, just ask for help....

BTW...all I am doing is responding. You asked what I meant, I answered...it was you that did not like the answer.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,490
  • Aug 24, 2011 1:57pm Aug 24, 2011 1:57pm
Quoting needpips
I am a very win / reward / addictive personality type, so the juice for me (discounting the $) is the win; or % of win. I have concluded that ENTRY is about the holiest part of this game....Y? Because its super easy to get in a trade, yet a biatch to get out with profit.....Ive really honed in on this as critical to survive, thus my obsession.
Oh, I agree and I envy you for being able to do that. For me it's like this. If a target looks valid I take the trade and I hold it as long as I think it's still valid. If another target becomes valid going the other way, I'll take that as well while holding the original.

It's like a bad restaurant. The waiter comes in and you say: I like broccoli. I want broccoli. He says: We only serve beets. OK, I'll take beets...
  • #2,491
  • Aug 24, 2011 1:58pm Aug 24, 2011 1:58pm
Quoting Magix
You think it is badgering because I think your post is garbage...If I agreed with you, that would make me an idiot too...Sorry, not gunna go there for ya.

If you cannot complete your analysis...then just say so.

We have a lot of seniors that can help you with the quality of your trading and ability to post an analysis, just ask for help....

BTW...all I am doing is responding. You asked what I meant, I answered...it was you that did not like the answer.
Well, I really do not care what YOU think of my analysis. Just iggy me and you wont see them anymore
  • #2,492
  • Aug 24, 2011 2:01pm Aug 24, 2011 2:01pm
Quoting attila
Oh, I agree and I envy you for being able to do that. For me it's like this. If a target looks valid I take the trade and I hold it as long as I think it's still valid. If another target becomes valid going the other way, I'll take that as well while holding the original.

It's like a bad restaurant. The waiter comes in and you say: I like broccoli. I want broccoli. He says: We only serve beets. OK, I'll take beets...
Well lately in the euro we better like a salad bar ...a bit for every taste every hour ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,493
  • Aug 24, 2011 2:02pm Aug 24, 2011 2:02pm
Quoting sisse
Well lately in the euro we better like a salad bar ...a bit for every taste every hour ...

sisse
Isnt THAT the truth! lol
  • #2,494
  • Aug 24, 2011 2:04pm Aug 24, 2011 2:04pm
Quoting attila
Oh, I agree and I envy you for being able to do that. For me it's like this. If a target looks valid I take the trade and I hold it as long as I think it's still valid. If another target becomes valid going the other way, I'll take that as well while holding the original.

It's like a bad restaurant. The waiter comes in and you say: I like broccoli. I want broccoli. He says: We only serve beets. OK, I'll take beets...
I used to hedge when my acct was able to accomodate it ....I was very successful with it...like you I, the overall +/- is how I viewed it. Ahhhh....
  • #2,495
  • Aug 24, 2011 2:09pm Aug 24, 2011 2:09pm
Quoting PipChick
Well, I really do not care what YOU think of my analysis. Just iggy me and you wont see them anymore
I would like to steer you back to the Ken's first post. Where we share ideas to help better the group as well as others that come along....

What's the point of posting if you cannot complete the thought pattern or effectively chart it out?

For you this might be a game of crap shoot. Perhaps posting and kissing ass works well for ya, but it surely does nothing for the thread if you cannot actually keep in accordance of what a seniors only thread should hold.

You are openning a website to teach others?

How can you do this if your chart and analysis is inaccurate and leaves you with a cross your finger guess...isn't this what a lot of these people are already doing?

Hey, whutever....

Enjoy your day, unless you planned otherwise.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,496
  • Aug 24, 2011 2:10pm Aug 24, 2011 2:10pm
Quoting needpips
I used to hedge when my acct was able to accomodate it ....I was very successful with it...like you I, the overall +/- is how I viewed it. Ahhhh....
wrong terminology..
  • #2,497
  • Aug 24, 2011 2:10pm Aug 24, 2011 2:10pm
Quoting needpips
I used to hedge when my acct was able to accomodate it ....I was very successful with it...like you I, the overall +/- is how I viewed it. Ahhhh....
It is not really hedge in the true sense of the world. That would not take me anywhere. A target can be reached many different ways. It's about going after different targets on different TFs. They can be in the same direction or opposite. And yes I do add to trades in DD (not losers). I do close trades at a loss yes. I trade lower size trades, so when things get ugly I can easily increase the size and do some clean up.

Right now I have 7 trades running on e/u.
  • #2,498
  • Aug 24, 2011 2:10pm Aug 24, 2011 2:10pm
Quoting Magix
I would like to steer you back to the Ken's first post. Where we share ideas to help better the group as well as others that come along....

What's the point of posting if you cannot complete the thought pattern or effectively chart it out?

For you this might be a game of crap shoot. Perhaps posting and kissing ass works well for ya, but it surely does nothing for the thread if you cannot actually keep in accordance of what a seniors only thread should hold.

You are openning a website to teach others?

How can you do this if your chart and analysis...
What do you mean when you say I am opening a website to teach others? I have no plans of opening a website to teach others.
  • #2,499
  • Aug 24, 2011 2:12pm Aug 24, 2011 2:12pm
Quoting Magix
I would like to steer you back to the Ken's first post. Where we share ideas to help better the group as well as others that come along....

What's the point of posting if you cannot complete the thought pattern or effectively chart it out?

For you this might be a game of crap shoot. Perhaps posting and kissing ass works well for ya, but it surely does nothing for the thread if you cannot actually keep in accordance of what a seniors only thread should hold.

You are openning a website to teach others?

How can you do this if your chart and analysis...
You NEED to stop with the lies and stop badgering me. You are beginning to piss me off.
  • #2,500
  • Aug 24, 2011 2:13pm Aug 24, 2011 2:13pm
Quoting attila
It is not really hedge in the true sense of the world. That would not take me anywhere. A target can be reached many different ways. It's about going after different targets on different TFs. They can be in the same direction or opposite. And yes I do add to trades in DD (not losers). I do close trades at a loss yes. I trade lower size trades, so when things get ugly I can easily increase the size and do some clean up.

yes, wrong terminology, lotta ups an downs on the faster times....while directionally relevant on the higher time frames
206 traders viewing now