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  • #568,221
  • Nov 30, 2011 3:48pm Nov 30, 2011 3:48pm
Quoting Alexone
I dont want to sound like a kiss-azz or anything, but if cloggie ever decides to mentor me and asks me for money and i have that sum, ill give it to him. If you are a scammer cloggie and u dont really make money from Forex, u should open a school of scammers, where u can teach and be their king, because u are one heck of a scammer. Oh man, im turning into cloggie's fanboy after i hated him a while back. Usually u have the opposite effect on ppl.

On a more serious note, ppl, (myself included), will always spend a lot of time with crap systems...
well if u can find a "personal mentor" someone that has a genuine want to help you and show you what made him sucessful then yes more power to ya...

many sucessful ppl have had mentors...

im not talking about that im talking about the wanna be guys that spam your email and appeal to the masses.. these guys are crap... with monthy fees and bullshit software...

real mentors dont map it out for you and charge you for it. real mentors plant a seed and let you bloom on your own
  • #568,222
  • Nov 30, 2011 3:48pm Nov 30, 2011 3:48pm
Quoting cloggie
You are right, there are a few real decent contributors here on this thread and on a few others, however name me one system/strategy thread here that is worth a couple of million in succesful accounts of traders that use them, none.

Most use all sorts of complicated BS, then have a SL 200 and TP 200 and wonder why 50% of there trades lose, doing that is entirely random chance.

What ever the reason was for entering, 50pips later is forgotten by all then it moves around randomly hitting which ever at random.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #568,223
  • Nov 30, 2011 3:49pm Nov 30, 2011 3:49pm
Quoting Turveyd
Navin is a classic example to, 100's of V's until recently he'd never made a profitable live trade and still trades with $0.1 lots on a pretty descent sized account.

V's are worthless totally.

NAvin is a good kid but he still runs his long Cable trades with a 1,000 pip DD right now.
  • #568,224
  • Nov 30, 2011 3:50pm Nov 30, 2011 3:50pm
Quoting cloggie
NAvin is a good kid but he still runs his long Cable trades with a 1,000 pip DD right now.
holy sh!t.....
  • #568,225
  • Nov 30, 2011 3:51pm Nov 30, 2011 3:51pm
Quoting MitchWorse
On a more serious note...could someone remove the magnet from yesterday's high??

thx
the hunters need to come out and play lets see after the roll here
  • #568,226
  • Nov 30, 2011 3:51pm Nov 30, 2011 3:51pm
Quoting cloggie
NAvin is a good kid but he still runs his long Cable trades with a 1,000 pip DD right now.
1000 pips, that isn't trading it's just waiting and seeing.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #568,227
  • Nov 30, 2011 3:52pm Nov 30, 2011 3:52pm
Quoting fxjawn

real mentors dont map it out for you and charge you for it. real mentors plant a seed and let you bloom on your own

You have to find your own way, what may work for one trader is gobbledygook for another. But guess what, all of the succesful strategies are roughly the same. We are just dealing with price, it either goes up, or down, that's it and with curencies, it rarely just sits, it may range, but it still moves.
  • #568,228
  • Nov 30, 2011 3:52pm Nov 30, 2011 3:52pm
Quoting Turveyd
Most use all sorts of complicated BS, then have a SL 200 and TP 200 and wonder why 50% of there trades lose, doing that is entirely random chance.

What ever the reason was for entering, 50pips later is forgotten by all then it moves around randomly hitting which ever at random.
this doesnt make any difference at all..what does is realising that unless u leave it alone sticking to yur plan using of descent risk reward ( a trade) so long as yur more right than wrong u will make money.. over a given trade sample ie 100 trades

u dont need to know anything about the market..to make money from it..if u have the right frame of mind

Quoting cloggie
You have to find your own way, what may work for one trader is gobbledygook for another. But guess what, all of the succesful strategies are roughly the same. We are just dealing with price, it either goes up, or down, that's it and with curencies, it rarely just sits, it may range, but it still moves.
  • #568,229
  • Nov 30, 2011 3:52pm Nov 30, 2011 3:52pm
Quoting cloggie
You are right, there are a few real decent contributors here on this thread and on a few others, however name me one system/strategy thread here that is worth a couple of million in succesful accounts of traders that use them, none.
Dunno, I dont care, I am using Tom waves . But I read a lot about different systems, because I am trying to keep up speed with the market and banks are using techs. There are many angles one can use to look at price action. Moreover, right now HFT traders are creating something like 30%-40% of the market turnover, so in intraday trades, techs can became dominant.

But well, if you want to name specific system, I dont know any. I absolutely dont trust to any technical indicators. So there is no system I find usefull. Just fundamentals matter to me. And my conscious market mumbo jumbo.

T
"I know one thing, that I know nothing." Sokrates
  • #568,230
  • Nov 30, 2011 3:53pm Nov 30, 2011 3:53pm
Quoting fxjawn

real mentors plant a seed and let you bloom on your own
Thats all i want! Plant ur seed in me cloggie! Nonono, scratch that, that came out wrong. So wrong...

U also said earlier that u cant steal anything. Actually i stole a lot of things from a lot of ppl i look up to in here. I believe that even by reading the nonsense from this thread, u can get better in the long run. U never know what phrase might click that answer u were so desperately looking for.
  • #568,231
  • Nov 30, 2011 3:54pm Nov 30, 2011 3:54pm
Quoting Alexone
Thats all i want! Plant ur seed in me cloggie! Nonono, scratch that, that came out wrong. So wrong...

That's incrediblle you want to talk to.
  • #568,232
  • Nov 30, 2011 3:54pm Nov 30, 2011 3:54pm
Quoting nAVIN2007
this doesnt make any difference at all..what does is realising that unless u leave it alone sticking to yur plan using of descent risk reward ( a trade) so long as yur more right than wrong u will make money..

u dont need to know anything about the market..to make money from it
1000 pip DD, when are you going to start learning ??


Trading is about taking chances and banking profits when they present themselves and repeating until your so bored / rich you stop.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #568,233
  • Nov 30, 2011 3:55pm Nov 30, 2011 3:55pm
Make this thread a punching bag............ you losers.
The Thief of Wall Street
  • #568,234
  • Nov 30, 2011 3:55pm Nov 30, 2011 3:55pm
Quoting Tom_D_Trader
Dunno, I dont care, I am using Tom waves . But I read a lot about different systems, because I am trying to keep up speed with the market and banks are using techs. There are many angles one can use to look at price action. Moreover, right now HFT traders are creating something like 30%-40% of the market turnover, so in intraday trades, techs can became dominant.

But well, if you want to name specific system, I dont know any. I absolutely dont trust to any technical indicators. So there is no system I find usefull. Just fundamentals matter to...

One thing shines through your post, you found your own way, and because of that you are where you are.
  • #568,235
  • Nov 30, 2011 3:55pm Nov 30, 2011 3:55pm
Quoting cloggie
You have to find your own way, what may work for one trader is gobbledygook for another. But guess what, all of the succesful strategies are roughly the same. We are just dealing with price, it either goes up, or down, that's it and with curencies, it rarely just sits, it may range, but it still moves.
yep for sure brother, thats what i meant by plant that seed so that you can find your own way...
the variations of what you can do with the same knowlege are endless...

i have spent the past year finding my own way..
  • #568,236
  • Nov 30, 2011 3:56pm Nov 30, 2011 3:56pm
Quoting Chicky
Make this thread a punching bag............ you losers.

I am almost done with my end of month rebalancing so will stop the punching shortly.
  • #568,237
  • Nov 30, 2011 3:57pm Nov 30, 2011 3:57pm
Quoting Tom_D_Trader
Dunno, I dont care, I am using Tom waves . But I read a lot about different systems, because I am trying to keep up speed with the market and banks are using techs. There are many angles one can use to look at price action. Moreover, right now HFT traders are creating something like 30%-40% of the market turnover, so in intraday trades, techs can became dominant.

But well, if you want to name specific system, I dont know any. I absolutely dont trust to any technical indicators. So there is no system I find usefull. Just fundamentals matter to...
Technicals are totally useless, prediction is impossible end of story.


I have a range ./ vague trend setup and huge profits recently with very few losses, just got to find a cheat to exploit the market give up on trying to trade it like a professional.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #568,238
  • Nov 30, 2011 3:57pm Nov 30, 2011 3:57pm
Quoting cloggie
I am almost done with my end of month rebalancing so will stop the punching shortly.
LOL.

Go on this is break time, we are enjoying............ Is informative too.
The Thief of Wall Street
  • #568,239
  • Nov 30, 2011 3:58pm Nov 30, 2011 3:58pm
Quoting Turveyd
1000 pip DD, when are you going to start learning ??


Trading is about taking chances and banking profits when they present themselves and repeating until your so bored / rich you stop.

its a long term trade..depends on yur mindset..i dont mind waiting
  • #568,240
  • Nov 30, 2011 3:58pm Nov 30, 2011 3:58pm
its the human nature really.. people want this business for the money. they want the easy money. they dont want to put the effort in to make money. they follow their P/L balance, instead of the art of trading.

just like Barings Bank went down.. people knew it didnt make sense, but the minds were thinking of profits. because they were sucked into the mindset of easy money, they refused to believe math didnt add up.

sometimes trades are not made on justifications.. justifications are made on trades.

its a game.. and if you are good at it, its rewarding.
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