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just 1 More KISS

  • #21
  • May 6, 2012 1:40pm May 6, 2012 1:40pm
Quoting Indrek
I am also interested in seeing the "millipede" method in action. I tried to read about it in the special thread but understood NOTHING.
The concept is very simple. You just have to allow your trades to unleash its true potential.
If you go back in your charts, you will find that some price are never retested, some retested after a long buy or sell move. If you have a position in that price and if you leave that position without closing it for some weeks or months, then you will have a huge profit at some time.
You just zoom out you chart and see, you will understand what i am saying.

cheers buddy
  • #22
  • May 6, 2012 1:42pm May 6, 2012 1:42pm
Quoting Indrek
What pairs will you monitor?
I will monitor whatever pairs i wish. There is no restrictions. Forex trading is just an enjoyment for me.

Life is very short. Enjoy it.
  • #23
  • May 6, 2012 1:51pm May 6, 2012 1:51pm
Quoting ananthhh
I will monitor whatever pairs i wish. There is no restrictions. Forex trading is just an enjoyment for me.

Life is very short. Enjoy it.
So, you will check all the pairs that your br*ker has every day? Or how do you handle it?
  • #24
  • May 6, 2012 2:01pm May 6, 2012 2:01pm
Quoting Indrek
So, you will check all the pairs that your br*ker has every day? Or how do you handle it?
I created 3 profiles with 10 pairs in each profile.
I will open each profile and go through all 30 charts and if there is any signal in the previous candle, i will enter or i will move on.

I will open all the charts which is having trades currently in MT4 terminal in my vps and will attach MPTM to those charts for trailing stoploss and moving the stoploss for breakeven for millipede trades.

I created a new thread for the first EA developed completely by myself. Please look at it and provide your humble opinions about the performance of the EA. Link --> http://www.forexfactory.com/showthread.php?t=360261
  • #25
  • May 7, 2012 7:25pm May 7, 2012 7:25pm
Let's see. I posted three worthwhile questions, and then you blather on and on in a barely intelligible way about how they are stupid questions that should never be asked. I think it's obvious which post contains more "noise".

Not that you care, but for the record, I am already a profitable trader and know full well the necessity of proper money management and hard work with any trading strategy. That said, like most, I am always looking for other trading ideas to investigate and develop. But as you know, there are thousands of systems that have been introduced on FF, many of which at least look like they have some potential at first glance. Most of us do not have time to thoroughly test each of these to ascertain whether they in fact do have a positive expectancy. So why is it such an egregious error to ask a system developer if or how long he has tested his system and whether his system has a positive expectancy in different markets? This simply helps everyone determine whether it is even worth pursuing or not. And this is where your "collective intelligence" would actually have some benefit. There is no use in all of us wasting our time doing due diligence on a system that has no possibility of success. I'm not suggesting that traders don't need to do the tests themselves (because I certainly would do so), but if the system's own author has some evidence to merit further investigation by the trading community, it would be nice to see. And I wasn't suggesting that ananthh should have provided such evidence. I was just inquiring how much he had put it through the paces. If the system's ideas appear solid enough, I am sure there are many of us who will test it ourselves anyway.

In short, I was not asking anyone to do any work for me, nor do I expect someone to hand me a golden system that wins all the time. I am fully willing to do my own due diligence and make a system "my own".

My advice to you (and Indrek) is to stop being the "question police" and judging people's motives.

Scott

Quoting onlyghost
Once I had the pleasure to talk with a guy who works for big money. He said he's a system developer but i consider him as a trader.
He told me that no one will share any profitable system while it works.
Dispite of that i think that most os FF contributions can be considered as attempts to share info with a perspective of collect added info for build new thoughts.
I can live with that because this is the essence of investigation that improve common knowledge.
What bothers me is to read the same stupid questions about startegies winning rate, bla...

We can discuss merits of a startegy, of painting indis, ect.
But we can not have any ilusions: a perfect strategy is the one who fills our time need and respect our personality.
One don't care about statistics of a strategy, because that's one responsability to seek answer, not the strategy's builder.
Big boys seek information on many sources, even on FF. They do not buid their startegys according statistics figures written here. They calculate their statistics.
So, it's add stupid noise everytime someone ask about how profitable some startegy are, bla bla bla. It only contributes to add noise and do not help no one to improve knowledge in this business.
Unforunately i saw a lot of guys made this same appeal as i saw a lot of guys persist the same mistake. That's why i insist in this point. When we remove noise from this forum we build a good info library tha can be accessed anytime with no big effort. If we insist on make that kind of stupid questions we only add noise and dificult to this info collection.
Prices are never too high to begin buying or too low to begin selling.
  • #26
  • May 9, 2012 11:45pm May 9, 2012 11:45pm
Thehenryfam I agree with you entirely; in fact, this thread may end up deleted as it is in the "trading systems" section, and "do whatever you want, and don't ask me any questions because life is short" is not a trading system.

Quoting thehenryfam
Let's see. I posted three worthwhile questions, and then you blather on and on in a barely intelligible way about how they are stupid questions that should never be asked. I think it's obvious which post contains more "noise".

Not that you care, but for the record, I am already a profitable trader and know full well the necessity of proper money management and hard work with any trading strategy. That said, like most, I am always looking for other trading ideas to investigate and develop. But as you know, there are thousands of systems that...
  • #27
  • May 10, 2012 10:01pm May 10, 2012 10:01pm
Trading is not easy and there is no short cut. Most traders and newbes fail at trading because they become to dependent on indicators. If you want to be consistent and profitable you need to learn to listen to price. There is no greater indicator than price itself. Once you learn how to read price and set yourself a set of rules using an if, then conditional thought process that is repeatable and verifyable then you will be on your way to becoming a profitable trader. The market has it's own harmonic rythem study it learn from it and trade it. The indicators are only there to enlighten you that a condition exist not to tell you to get into a trade.
If you fail to plan, you plan to fail.
  • #28
  • Last Post: May 10, 2012 11:03pm May 10, 2012 11:03pm
i have polio on my bungholio
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