Small disciplines repeated with consistency lead to great achievements.
Daytrading/scalping with high leverage - my proven strategy
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- #5,203
- Jul 11, 2013 1:49pm Jul 11, 2013 1:49pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
Small disciplines repeated with consistency lead to great achievements.
- #5,207
- Jul 11, 2013 5:28pm Jul 11, 2013 5:28pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
Small disciplines repeated with consistency lead to great achievements.
I suppose David's point would depend on what trading style surfac trades. We have different type traders trying to trade a similar system. For me I only look at a 1 min chart and zoomed up. I dont care what happened an hour ago
With all due respect,the trading style on M1 timeframe is called scalping anyway ,it doesn't matter how Surfac or somebody else trade ,if he works on M1 it means he scalps the market. Conclusion is that we all here trade the same trading style.
Regard to trading system- During all over the thread we have only one trading system which is Favorite's Babon,taken to its logical conclusion, the full allowance with professional and detailed description how to scalp the market with a high level of profitability (which among other things strictly recommends to check each entry with H1 Price Action,does it support or not our entry on M1)).
Once one of the traders ( Igor if I am not wrong) said that '' simple and logical based system has been turned into a monster'',and it is very difficult not to agree with him.
I don't want to argue with anybody, but thanks to luck that I have joined this thread from the beginning, because otherwise it would be very very very difficult for me to become a profitable trader.
Thanks to all who carry with them the light and spread it , and of course thanks to those who just think they do the same.Without them it would be not so easy to separate the wheat from the chaff.Although....))
One more time Thanks Mikhail, you are great Man and outstanding tutor!!!
Best Regards,
David.
Success is nothing more than a few simple disciplines, practiced every day.
- #5,211
- Jul 11, 2013 7:21pm Jul 11, 2013 7:21pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
{quote} Thanks David for your comment. I realise that what many are trading now really bears little resemblance in logic to Favorite. The chart may look similar in a stretch. Where Favorite system involves studying charts at other time periods to define trend direction etc, I do not. In other words what the 1min chart says is what we trade irrespective to other time frames with exception of TMA5 I also understand that from purest point of view we are taking away from the work that Favorite and others have done which must frustrate the person who...
Thanks again Gil
Small disciplines repeated with consistency lead to great achievements.
{quote} I was suprised that Favourite did not get forced to start his own thread for his method. And thanks to Gil, I believe what was once more complicated then necesssary (but effective) has become simplified, condensed and easier to use. I'm all for another thread so I don't keep clogging up DNA's thread with my winning trades
But if anybody wants to start a new thread and look after it (moderate etc), I am in
- #5,215
- Jul 11, 2013 8:00pm Jul 11, 2013 8:00pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
{quote} Had to laugh! But if anybody wants to start a new thread and look after it (moderate etc), I am in
Small disciplines repeated with consistency lead to great achievements.
- #5,219
- Jul 11, 2013 8:16pm Jul 11, 2013 8:16pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
And some more --- seems like one of those boring winning days againjmflukeiii-- you should be getting a few if you are still up
Small disciplines repeated with consistency lead to great achievements.