The life of a trading system on Forex Factory | Page 75 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How Forex Trading Ruined My Life or How I Became Successful? 17 replies

My Life System - No Stress 14 replies

Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies

The Best System on forex-factory forum 22 replies

Forex Trading Life 3 replies

Attachments: The life of a trading system on Forex Factory
Exit Attachments

The life of a trading system on Forex Factory

  • #1,481
  • Apr 30, 2012 6:01pm Apr 30, 2012 6:01pm
Quoting 60minuteman
you Turvey have never been anywhere near where I am, and you never will, unless im in your place ordering a burger!

You wish, your not in any way professional you haven't got the right attitude, your a big kid with a new toy nothing more.

Keep posting your trades we'll assess you at the end of the week, only live trades ie post 1 - 2 mins after the entry / exit will be accepted.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,482
  • May 1, 2012 1:01am May 1, 2012 1:01am
Quoting 60minuteman
if you can read price and s/r on all timeframes there will be clues and hints as to the markets sentiment, if you get good at it then you can make high probability trades from entry to exit...

if you don't believe that is possible fair enough...
this is 100 % correct.point to point trading

  • #1,483
  • May 1, 2012 1:45am May 1, 2012 1:45am
Quoting Turveyd
You wish, your not in any way professional you haven't got the right attitude, your a big kid with a new toy nothing more.

Keep posting your trades we'll assess you at the end of the week, only live trades ie post 1 - 2 mins after the entry / exit will be accepted.
How's your AUDUSD long going Muppet...........

scfx
The best indicator is price.
  • #1,484
  • Edited 2:23am May 1, 2012 2:10am | Edited 2:23am
Quoting scfx

How's your AUDUSD long going Muppet...........

scfx
Probably looking a bit like his equity curve right now!

http://www.jonrb.com/emoticons/jaw-drop.gif


.....guess he should have paid attention to 60minuteman's advice!


-
  • #1,485
  • May 1, 2012 2:27am May 1, 2012 2:27am
give me all your pips Turvey... bwaahahaa
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2012-05-01 at 07.59.04.jpg Size: 87 KB
tradewith60
  • #1,486
  • May 1, 2012 2:54am May 1, 2012 2:54am
Quoting 60minuteman
give me all your pips Turvey... bwaahahaa
Actually this a/u trade of turveyd shows very well why this approach is ineffective.

And there we go back to $100, right Turveyd?
  • #1,487
  • May 1, 2012 2:55am May 1, 2012 2:55am
News took the market the wrong way no big deal that is what sl is for.


Tis 50/50 different news id be +100.


Next trade!

Still + 105% you lot
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,488
  • May 1, 2012 3:01am May 1, 2012 3:01am
Quoting Turveyd

News took the market the wrong way
lol, the market never goes the 'wrong way', it's you who was going the wrong way!


Quoting Turveyd

Next trade!
Yep, which needs to recoup the loss and produce a profit, precisely why one-sided averaging doesn't work! Just treading water and trading for the brøker......

Snoozefest or what!
  • #1,489
  • May 1, 2012 3:20am May 1, 2012 3:20am
Quoting Custos
Actually this a/u trade of turveyd shows very well why this approach is ineffective.

And there we go back to $100, right Turveyd?
The fact 1 trade means anything on its on demonstrates the amatuer lever around here.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,490
  • May 1, 2012 3:33am May 1, 2012 3:33am
Quoting Turveyd
The fact 1 trade means anything on its on demonstrates the amatuer lever around here.
well, I actually backtested a similar method that also averaged in and it only produced losses in the long-term.

That is why I know this is not sustainable. And in this case this one trade confirms my research.
  • #1,491
  • May 1, 2012 3:41am May 1, 2012 3:41am
Quoting Custos
well, I actually backtested a similar method that also averaged in and it only produced losses in the long-term.

That is why I know this is not sustainable. And in this case this one trade confirms my research.
My methods been running for over 6 months.


My 2nd position and in some cases 3rd has made a lot relatively more than theyve lost which is all that counts.

GU just hit sl to. M1 was screaming sell to be fair just caught a trend change all part of the game.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,492
  • May 1, 2012 3:45am May 1, 2012 3:45am
Quoting Turveyd
My methods been running for over 6 months.


My 2nd position and in some cases 3rd has made a lot relatively more than theyve lost which is all that counts.

GU just hit sl to. M1 was screaming sell to be fair just caught a trend change all part of the game.
Well, and still here you are not being able to crack the 400$ mark after 6 months.

The only thing what counts is account growth. If you can't pull that off consistently, then you will inevitably lose.

With a flawed system it is pretty hard to win consistently in the long-term.
  • #1,493
  • May 1, 2012 3:54am May 1, 2012 3:54am
Quoting Custos
Well, and still here you are not being able to crack the 400$ mark after 6 months.

The only thing what counts is account growth. If you can't pull that off consistently, then you will inevitably lose.

With a flawed system it is pretty hard to win consistently in the long-term.
So your claiming my method which is still up 100% which you know nothing about is flawed. It has days sure but when there is a good trend to play with it just prints money.

Ej is setting up for a short soon


Sadly work to go to
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,494
  • May 1, 2012 3:57am May 1, 2012 3:57am
Quoting Turveyd
So your claiming my method which is still up 100% which you know nothing about is flawed.
Quoting TheGreatMilenko
Your your your. You're you're you're. To prevent any further idiocy constantly, write them both out 1000 times.
You've not being paying attention.
The dream will never die
  • #1,495
  • May 1, 2012 4:03am May 1, 2012 4:03am
Quoting Turveyd

it just prints money.
All evidence to the contrary!

The only person you're kidding is yourself....
  • #1,496
  • May 1, 2012 4:06am May 1, 2012 4:06am
Quoting Turveyd
So your claiming my method which is still up 100% which you know nothing about is flawed. It has days sure but when there is a good trend to play with it just prints money.

Ej is setting up for a short soon


Sadly work to go to
you're still a lost muppet with no idea Turdveyd. I think we should be able to run polls to have members banned.
  • #1,497
  • May 1, 2012 4:06am May 1, 2012 4:06am
Quoting Turveyd
So your claiming my method which is still up 100% which you know nothing about is flawed. It has days sure but when there is a good trend to play with it just prints money.

Ej is setting up for a short soon


Sadly work to go to
I just know that you are still not even above 400$. Making a 100% is really easy to do, but making it consistently is the hard part.

And so far you haven't been able to show if you can build it up consistently. Maybe come back in a year or two, then you got enough data to show some kind of consistency. But right now you might just be a person with a lucky streak.
  • #1,498
  • May 1, 2012 4:09am May 1, 2012 4:09am
Quoting >Apocalypto<
you're still a lost muppet with no idea Turdveyd. I think we should be able to run polls to have members banned.

Never been able to decide if your just nasty or misunderstood, guess that solves that.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,499
  • Edited 8:18am May 1, 2012 7:41am | Edited 8:18am
Excerpts from a ebook,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YTC-PAT.png Size: 115 KB
Click to Enlarge Name: YTC-PATa.png Size: 92 KB
No longer trading forex. Looking for full time job.
  • #1,500
  • May 1, 2012 8:04am May 1, 2012 8:04am
Quoting mmaker
Excerpts from a ebook,
Nice, thanks.

Another excerpt:
"In the absence of further buying though, sellers will be forced to lower price in order to make a
transaction. They‟ll reduce their ask price so that it matches a bid price. The last sale price will
now fall. Seeing the last transaction price fall, other sellers will follow suit and lower their price,
or simply sell via a market order accepting whatever bid price they can get. Desperation will
have moved from the buying side to the selling. Bids will be absorbed at each price level and so
sellers will then be forced to drop price further. Some of the potential buyers will see this falling
price, and will withdraw their bid and replace it at an even lower price.
Price will continue to fall until we run out of supply. Either potential sellers will be no longer
willing to sell for such low prices, or sufficient new buyers will be attracted to the market by the
lower prices, in order to absorb all supply. The price fall will stop.
And then the process starts all over again.
That‟s how the market works from a supply/demand perspective. It‟s a dual-auction process,
with price auctioning both up and down depending on which force is dominant at the time –
demand or supply."1

But so what? That just points to how trading is precise, which then leads to fundamentals, which is qualitative, and not some goofy line on a chart from a big trader, who won't soon give up exactly why they put that line there anyway.

The harder road is a precise technical analysis:
"the difficulty of assigning a value to each person's work. For the most part they punt. In a big company you get paid a fairly predictable salary for working fairly hard.
...the company has no way of measuring the value of your work." 1
A craft, however, improves an object, thus making wealth (according to this article). It does so through making an exact value to money, through charts and occasionally in other parts of trading, such as programs that automatically scan news articles.

Perhaps a direct corollary to supply and demand is volume and price, where so many people buy or sell at a certain price. Yes, that's exact and also a craft and thus technical analysis. There may be other examples, too.

Price itself, however, is a poor representation of supply and demand, because it only represents the quantity of the symbol, not who is adjusting that quantity except by remote inference.
And price is the most accessible, through charts.

I'd rather think of price study as a craft in and of itself,
which instead is an explanation of randomness,
specifically from lots of people,
through chart patterns.



Anyway, thanks for the page to link with.
1 trader viewing now