Trading from an Experienced and Successful FULL TIME Trader

Agreed. I'd go as far as saying: There is no profitable trading outside a systematic approach.

I have always disagreed with the term 'system' ie the XYZ Trading System by 1,000pips. I firmly believe we are trading strategies as in bridge, chess, poker and others because a system to me denotes rigid rules while a strategy can be flexible, a battle plan if you will. Yes, this is semantics but I feel newbies get the idea if I just follow this 'system', when X cross Y and is purple, I can't lose. They then often times lose their accounts but if they were taught strategies that can change with the market I feel they would be better off. This thread has started off right because of the originators background explanation and his sensible telling of what to look for and how to trade it. Good thread, I'm in and thank you doriotcapita.

Excellent post My personal experience is that one should leave as little as possible to chance. That said I lean more to system than to strategy.

Yeah I agree guys (and gals) that you certainly need more than a rigid set of rules to not only survive at this but THRIVE. Markets are dynamic and do change but one thing that does not change is support and resistance and certain PATTERNS that develop in the different markets. They have been there for years and will continue to be there for years. That's why I'm not an advocate of "systems" per say as markets change over time. What I do want to teach are the things that remain CONSTANT over the years and show how you can capitalize on these things. The things that I will be showing are those things and I use indicators as added confirmation to these patterns and price action. Together, it creates a dynamic system. I have studied human psychology for years and markets are the same way. They have very predictable behaviors to watch for. I have gone back as far as markets will allow me to and using the techniques and "strategies" I know I have been able to predict every major market turn. This includes the debacle of 2008, housing bubble, oil bubble, 9/11, etc. the market sent GREAT signals of each one. I was not in the markets until 2005 so please don't confuse me for saying all those prior I predicted. What I'm saying is what I have learned and show people that markets gave MAJOR RED FLAGS of those events pre-2005. The market knows things in advance and you just need to learn how to read them. I'm not a haughty type person so I don't like to brag but I will say I warned friends about the 2008 "crash" two weeks before it happened. It's my goal to teach anyone who's willing and has a teachable spirit these same principles. As long as people remain interested Ill continue to post my trades both winning and losing and what can be learned from them. Thanks for reading guys! Keep it simple and stay focused!

where do I find the indicators you use I could not find them?

I dont understand what really the Coral and THV are there for? Yes they have confluence, but they will still only form after price has made its close on the reversal of what looks like Japanese average - candlesticks.




please not trying to bash here or anything just some understanding and share knowledge maybe!

Sorry maybe I just need a before and after screen shot to learn anything from this trading system post.

What exactly are you confused about? please explain in greater detail. I use Thv to send me confirmation that the trend is reversing and resuming. The coral is a colored moving average to help determine the trend of the market.

Dorio,
Can you please post your template, indicators, profile, etc. a zip file? So we know we have the same setup as you?

Thanks for sharing.

Kim

The last pic showing a trade that followed the system: bullish divergence in the direction of an uptrend

Divergences with the trend are actually my favorite to trade. They have been proven to be INCREDIBLY reliable. And they do pop up quite often! I'll def be showing examples of those in the coming weeks!!! Good eye.

how long u been trading? anyways.Why dont you show your "live trading"aka put up"trader explorer" account they can learn from it.How you take profits etc and analyze.Im just curious how Experienced and Successful are you

Hi doriotcapita,

Your system is great ! Thanks for sharing. Just one question: what are the three indicators in your main chart, I mean the ones that show color bars, two-color moving average and dotted/ solid lines ?

Thanks in advance
pooh123

Am following. meanwhile@ doriotcapita could you please post your indicators or template

Can you go into a little more detail on how you determine what is a good "shelf"? as i look at the charts i see a lot of sideways action on what could be "shelves" but with different results. or is it something that you just pick up after looking at the charts over and over again?
also how many times a day did you say you traded? what do u recommend for beginners?

First post, third line.

Put up your trade explorer Doriot?!

Absolutely right.

mine is up on mql5 etc..whatever i do doesnt play role here cuz i didnt make thread so i dont need to prove myself 2 you..I just want to see if system works out for him

This thread is on page three and already assholes like you are getting demanding about "proof of success"


This guy came here and he is willing to share something which is profitable to him. It is up to those who are interested in the method to make it work for them.


If I were him I will simply stop posting here and just move on. The majority of members here are just members and not traders at all. Real traders will appreciate the contents of this thread without demanding statements to be posted. There is enough info given here already to grasp the method and to trade it. With or without the THV indicator.


This is why I like fx. It is not for everybody. Only those who can persevere and know how to control their emotions will make a success.


Even if there was a holy grail and shared here most would not be profitable with it just because they do not have a "traders mind"


Good luck to everyone!