I took a short on the EU. I did not follow Big E's rules on this one, although most of the time I do. So many people asking for charts of real trades, where here is one.
Indicators for the 'Trading Made Simple' system 342 replies
Monitor for 'Trading Made Simple' system 550 replies
The majority of questions posted in most threads are seeking certainty – The only certainty is that nothing is certain. .
........... traders want shortcuts. There are none.Ignored
DislikedI think you will find Xlesson meant his own post was the smart ass one not yours. He like many of us get a bit frustrated seeing the same questions all the time. Honestly...all your answers are in the first 100 pages....after that.....practice and join the forum with any questions you have about trading the method.Ignored
DislikedAbout stops and profit targets . . . I must get 10 PM’s a day on this very subject. Using ATR for me avoids all of arbitrary and subjective folly that leads to confusion about where to place stops and targets. This was formulated by back testing. If you want to stop guessing, start working. Look back at the setups you like the best or would have taken for your plan and compile the stats. The answers will present themselves.Ignored
i was one of the those people that PM'd you regarding the your use of the ATR. i was hoping you could have a nother go at answering my question if i re-phrase it.
lets take Eelfranz's last trainning chart as an example.
if you were to back test this chart how can you know what the ATR was at any one of the verticle lines that E has market as an entryIgnored
DislikedBy adding the "Average True Range" indicator in your metatrader to your chart. Then you can multiply that number by 2 or 3 or whatever you wish to useIgnored
DislikedThe majority of questions posted in most threads are seeking certainty – and this thread is no exception. The redundancy is amazing. The only certainty is that nothing is certain. If you cannot allow some mental latitude to realize anything can happen, then trading is not your game.
It is very simple - define your trading plan, rules and risk. Once that is done, put on a trade and walk away. All of this probing and vacillating will not get you any closer to profitability....Ignored
DislikedYou hit the nail right on the head!!
I am not saying everyone but the majority want short cuts handed to them on a silver platter.
One of my mentors has always said that those who put in the time to do the work are the most successful of his students.
DislikedI agree doaman.
Some people want the world handed to them, 15 minutes ago.
Always looking for a life hack.
I haven't posted a single question in this thread on how to use the system.
Simply because after going thru rules layed out by BigE and by reading the entire thread from post #1 to now.
I don't have or see any questions that hasn't allready been answered several times.
Yes, the thread is huge and it will take you some time to go thru it.
By the time you get to the end, you shouldn't have any unanswered questions.
If you do, then you need...Ignored
DislikedMate get off your high horse. The guy you are refering to had a viable question and you basically told him he was lazy. HE was basically asking why BigE had omitted a trade from the training chart he posted and if he wouldnt mind posting some live charts as he traded them. BigE made sure everybody felt comfortable asking questions about things they dont or cant understand so before you go attacking people for being lazy, read the questions they have submitted and remember you also had to learn.......I have no tolerance for people asking questions...Ignored