DislikedEventually we all arrive at the same point and realise that to trade succesfully we will try other traders strategies, methods, experimenting with indicators etc and so on, until we find that really we take all of the successful components we have learned and put them together to create our own trading method written in a trade plan which matches our trade personality.Ignored
The life of a trading system on Forex Factory
- #822
- Apr 19, 2012 11:36am Apr 19, 2012 11:36am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #825
- Apr 19, 2012 11:39am Apr 19, 2012 11:39am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #826
- Apr 19, 2012 11:42am Apr 19, 2012 11:42am
- | Commercial User | Joined Feb 2012 | 3,770 Posts
tradewith60
- #827
- Apr 19, 2012 12:08pm Apr 19, 2012 12:08pm
What's with this ridiculous witch hunt? 
It's definitely not the spirit of the thread, at least not what I intended. And why pick one of the few no-nonsense systems that actually seems to work quite well with just a minimal dose of discretion? Why a system whose OP looks nothing like a snake oil seller?
If you want to make fun of systems I can give you some with "rules" changing more often than the eurusd direction intraday, systems where people get banned as soon as they don't praise the OP, systems where you are not allowed to post a trade that didn't work as expected, systems with charts looking like an abstract Picasso painting and price barely visible, systems where a 1000 pip drawdown is considered ok if it eventually leads to a 20 pip profit ... and the list could go on.
It's definitely not the spirit of the thread, at least not what I intended. And why pick one of the few no-nonsense systems that actually seems to work quite well with just a minimal dose of discretion? Why a system whose OP looks nothing like a snake oil seller?
If you want to make fun of systems I can give you some with "rules" changing more often than the eurusd direction intraday, systems where people get banned as soon as they don't praise the OP, systems where you are not allowed to post a trade that didn't work as expected, systems with charts looking like an abstract Picasso painting and price barely visible, systems where a 1000 pip drawdown is considered ok if it eventually leads to a 20 pip profit ... and the list could go on.
- #828
- Apr 19, 2012 12:18pm Apr 19, 2012 12:18pm
This is well said. Even though the system threads happen to be my favourate section in the forum, i still believe in simple systems that are fairly easy to understand without any complex rules and guidelines.
- #829
- Apr 19, 2012 12:20pm Apr 19, 2012 12:20pm
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
If you want to make fun of systems I can give you some with "rules" changing more often than the eurusd direction intraday, systems where people get banned as soon as they don't praise the OP, systems where you are not allowed to post a trade that didn't work as expected, systems with charts looking like an abstract Picasso painting and price barely visible, systems where a 1000 pip drawdown is considered ok if it eventually leads to a 20 pip profit ... and the list could go on.
....at the very least he should be given the benefit of the doubt, all he's done is posted a strategy and started a chat room, so far - so good!
What's with this ridiculous witch hunt?
It's definitely not the spirit of the thread, at least not what I intended. And why pick one of the few no-nonsense systems that actually seems to work quite well with just a minimal dose of discretion? Why a system whose OP looks nothing like a snake oil seller?
If you want to make fun of systems I can give you some with "rules" changing more often than the eurusd direction intraday, systems where people get banned as soon as they don't praise the OP, systems where you are not allowed to...
I too am confused because this system seemed to start out all anti range trading martingale but the later pages seem to be anti trend follow with 1:1 RR.
Perhaps if someone could develop some failed EAs and we put them in the first post we can all be on the same page with what we hate about other systems.
- #832
- Edited 2:41pm Apr 19, 2012 2:16pm | Edited 2:41pm
- Joined Dec 2006 | Status: Trader | 3,852 Posts
- #834
- Apr 19, 2012 5:05pm Apr 19, 2012 5:05pm
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
- #835
- Apr 19, 2012 5:11pm Apr 19, 2012 5:11pm
- | Additional Username | Joined Mar 2012 | 2,539 Posts
When the Joker is in the deck.. fear not and play it well
- #836
- Apr 19, 2012 5:16pm Apr 19, 2012 5:16pm
- | Additional Username | Joined Mar 2012 | 2,539 Posts
When the Joker is in the deck.. fear not and play it well
- #837
- Apr 19, 2012 5:16pm Apr 19, 2012 5:16pm
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
Yup, the Cap'n is cracking. All aboard, abandon the pipmutt ship !!
......team event....
- #838
- Apr 19, 2012 5:26pm Apr 19, 2012 5:26pm
- | Additional Username | Joined Mar 2012 | 2,539 Posts
it's not a.......
......team event....
When the Joker is in the deck.. fear not and play it well
- #839
- Apr 19, 2012 5:31pm Apr 19, 2012 5:31pm
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
Oh really. So you're saying that it only takes you to decide what the market is doing?
Come on Slim, it's not rocket science, try harder dammit!
- #840
- Apr 19, 2012 5:46pm Apr 19, 2012 5:46pm
- | Additional Username | Joined Mar 2012 | 2,539 Posts
the market will do whatever it pleases.
it's not rocket science,
Are you the last man standing in a team event?
When the Joker is in the deck.. fear not and play it well