{quote}Will it EVER end?
{quote} Nope
To fail is just an opportunity to learn
- #50,703
- Jun 9, 2013 3:42am Jun 9, 2013 3:42am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
anyone like a puzzle ? 
- #50,705
- Jun 9, 2013 6:34am Jun 9, 2013 6:34am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
With do respect, Sir TAH, if the result of PVSRA is only on DEMO all the way. It really should be point out at the very beginning, and every time it post. With all the results, lessons and the PDF manual, many people could treat the PVSRA as a already great working system. Learn, and use it in real term. I think there could be hundreds, even thousands of SONICERS burn their accounts last week on GBP or other pairs. I mean their real account, real money. It's very bad, even through the major problem should be their own moneymanagement. Also about...
"With do respect, Sir TAH, if the result of PVSRA is only on DEMO all the way..." -- daniel9
I never said that. The first to ask made an assumption. I responded. Those persisting obviously did not read anything about this very well, accepted the same assumption and went forward from there! Much like trading lemmings looking for signals. Seems to me, we better trash trading and start a remedial reading course here.
- #50,706
- Jun 9, 2013 6:38am Jun 9, 2013 6:38am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} umm looks like my kids coloring bookjust kidding
- #50,708
- Jun 9, 2013 6:59am Jun 9, 2013 6:59am
- | Joined Mar 2013 | Status: My financial tool is forex | 82 Posts
TOO traderathome SIR then if you are so good why not teach us your secret too make so many pips you must have the holy grave then love too see it for real then you account balance please many thanks bye
Mr.TAH has been teaching here. He posted charts that show the way he trade and see the market.
Keep learning until you die :-)
- #50,709
- Jun 9, 2013 7:03am Jun 9, 2013 7:03am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
{quote} umm looks like my kids coloring book
, how bout this
- #50,710
- Jun 9, 2013 7:07am Jun 9, 2013 7:07am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
if you are so good why not teach us your secret too make so many pips you must have the holy grave then love too see it for real then you account balance please many thanks bye
{quote} Do We Need Remedial Reading Classes, Too? "With do respect, Sir TAH, if the result of PVSRA is only on DEMO all the way..." -- daniel9 I never said that. The first to ask made an assumption. I responded. Those persisting obviously did not read anything about this very well, accepted the same assumption and went forward from there! Much like trading lemmings looking for signals. Seems to me, we better trash trading and start a remedial reading course here.
Inserted Video
- #50,712
- Edited 7:57am Jun 9, 2013 7:25am | Edited 7:57am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
PVSRA
A thought came to me this weekend, which I'd like to put out for Sonicers to also think about. It might or might not be valid, and even if valid it might not be sufficient justification to trade one way or the other. I'll explain further below, and any Sonicer can share any related thoughts as they wish in order to put this consideration to bed.
Ok, now to this "thought". Using my own "building" versus "run for profits" terminology for the two phases the MMs might be in, it seems to me that frequently enough the "run for profits" phase executes more rapidly. I have found that building my own positions during the drawdown "building" phase is less frenetic and with more opportunity than during the "run for profits" phase. The "run for profits" phase seems to go faster and with fewer opportunities to add to the trade. Am I seeing this correctly? Maybe this does happen, but maybe not frequently enough to be a concern? So, maybe I am seeing something that is a mole hill, out of which I have made a mountain?
I am entering this new week with established trades, and might be less active with additional trades until I see how things go. However, when I do enter into additional trades, I am going to be asking myself "Are the MMs building, or running for profits?" and I will be trying to place my entries only on pullbacks during overall price movement that is consistent with what PVSRA indicates the MMs are. If they are bulls then the overall movement should be up and I should be adding on downwards pullbacks, Classic entries not withstanding. If they are bears then the overall movement should be down and I should be adding on upwards pullbacks, Classic entries not withstanding.
So, we will see how this new week goes, and how well I adhere to this plan.
-tah
A thought came to me this weekend, which I'd like to put out for Sonicers to also think about. It might or might not be valid, and even if valid it might not be sufficient justification to trade one way or the other. I'll explain further below, and any Sonicer can share any related thoughts as they wish in order to put this consideration to bed.
Ok, now to this "thought". Using my own "building" versus "run for profits" terminology for the two phases the MMs might be in, it seems to me that frequently enough the "run for profits" phase executes more rapidly. I have found that building my own positions during the drawdown "building" phase is less frenetic and with more opportunity than during the "run for profits" phase. The "run for profits" phase seems to go faster and with fewer opportunities to add to the trade. Am I seeing this correctly? Maybe this does happen, but maybe not frequently enough to be a concern? So, maybe I am seeing something that is a mole hill, out of which I have made a mountain?
I am entering this new week with established trades, and might be less active with additional trades until I see how things go. However, when I do enter into additional trades, I am going to be asking myself "Are the MMs building, or running for profits?" and I will be trying to place my entries only on pullbacks during overall price movement that is consistent with what PVSRA indicates the MMs are. If they are bulls then the overall movement should be up and I should be adding on downwards pullbacks, Classic entries not withstanding. If they are bears then the overall movement should be down and I should be adding on upwards pullbacks, Classic entries not withstanding.
So, we will see how this new week goes, and how well I adhere to this plan.
-tah
- #50,713
- Edited 8:08am Jun 9, 2013 7:56am | Edited 8:08am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Clear the Air
Let me clear the air.
I am not a great trader, but I am a learning trader, learning by my participation here on Master Sonicdeejay's Sonic R. System thread. In my own mind, I have reciprocated for the learning I am receiving by contributing tools (indicators/templates) and ongoing postings of my trades demonstrating what I consider to be of proper content and format, an example for others to follow so any viewer can most quickly grasp the trade situation and trade parameters. I have created the tools such that questions need not be asked, not if the user adequately reads. I have created my trade posting format such that questions need not be asked, not if the user adequately reads. Yet, alas, it seems that trading attracts an abnormally high percentage of illiterates, and worse! The same elementary and already answered questions continue to be asked by incoming folks simply because they are unread. And some of these same folks consider themselves to be competent to trade, and yet focus on the wrong things, again because they are unread. As the signature of Msis125125 states, "There is no 'silver' spoon....", and I am pretty much done with responding to any of this. If other genuine Sonicers wish to pick up from where I leave off, please do. For me, it is a waste of precious time.
I am a trader, not a baby sitter.
-tah
Let me clear the air.
I am not a great trader, but I am a learning trader, learning by my participation here on Master Sonicdeejay's Sonic R. System thread. In my own mind, I have reciprocated for the learning I am receiving by contributing tools (indicators/templates) and ongoing postings of my trades demonstrating what I consider to be of proper content and format, an example for others to follow so any viewer can most quickly grasp the trade situation and trade parameters. I have created the tools such that questions need not be asked, not if the user adequately reads. I have created my trade posting format such that questions need not be asked, not if the user adequately reads. Yet, alas, it seems that trading attracts an abnormally high percentage of illiterates, and worse! The same elementary and already answered questions continue to be asked by incoming folks simply because they are unread. And some of these same folks consider themselves to be competent to trade, and yet focus on the wrong things, again because they are unread. As the signature of Msis125125 states, "There is no 'silver' spoon....", and I am pretty much done with responding to any of this. If other genuine Sonicers wish to pick up from where I leave off, please do. For me, it is a waste of precious time.
I am a trader, not a baby sitter.
-tah
- #50,717
- Jun 9, 2013 10:39am Jun 9, 2013 10:39am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
PVSRA - Great lesson learned in last month Hi to all Sonicers, please see enclosed my real account statement for the last month. On 8th May I have started trading PVSRA with little knowledge and also little real account (400 USD) I was trading very lightly and closing too fast with not so big profits. Lesson 1: KEEP YOUR TARGET.As time passed by in 3 weeks i was up from 450 USD to 840 USD using only PVSRA (with sometimes using little help of watching TAHs posts). I become overconfident and completely overtraded my account so in the end i was trading...
So, it's a good lesson what happened when we are going to greedy
Trade micro lots so long when you are able to take 30 trades Good money management is more worth than those 30 trades after all Whatever is obvious is obviously wrong!"
- #50,718
- Edited 11:37am Jun 9, 2013 11:21am | Edited 11:37am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #50,719
- Jun 9, 2013 11:28am Jun 9, 2013 11:28am
{quote} Let me guess, you didn't trade 0.01 lots, otherwise you could not got margin call. 3 pairs and 6-10 open trades with each pair. So let's calculate. Taking the worst case what could happened. 3 pairs x 10 trades, each trade in -300 pips. So -9000 pips in all. -9000 x 0.08 = 720 USD. And you had 840 USD. So if we take the worst case what I think you had not, there is possibility to stay alive. So, it's a good lesson what happened when we are going to greedy
But this doesn´t matter. Just wanted to show how important Money Management is (on a live example)
Looking forward to new week.
Lose small, WIN BIG..
- #50,720
- Jun 9, 2013 11:46am Jun 9, 2013 11:46am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} well i have got 840 USD... and 18 trades opened, my minimum trade size is 20 usd (it means my margin was 18*20 USD=320 USD) So my room to breathe was 520 USD. 520/18= max avrg loss is 28,8 pips per trade. But this doesn´t matter. Just wanted to show how important Money Management is (on a live example)
Would you like to try explaining this again, not using any reference to trade size in US dollars, but strictly in terms of lots, mini-lots, or micro-lots ($10, $1.00, and $0.10 per pip, respectively)? Folks think trade sizes in terms of trading lots, minis and micros, and not in terms of US dollars per trade!
Personally, I think each Sonicer should not disclose the size of their trades or their account(s), and focus on pips between EP and close (at SL or TP) instead. That keeps everyone on equal footing, and therefore happy. However, if you choose to divulge that information, please be more clear.
-tah