cigarguy What templates is it? http://www.forexfactory.com/attachme...1&d=1392906374
- #65,942
- Edited 8:53am Feb 20, 2014 8:37am | Edited 8:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} Whilst Loeil should be commended for his achievements, I think we should take a step back and analyse this carefully. I have noticed that Tah et al are quoting pips gained in thousands. I find this strange as most forums do not.Is this really right? Correct me if I am wrong, but is this not really micro pips and that 5,019 pips gained is equivalent to 5,019 x 10 cents move = $501.9 which if traded on standard lots is perhaps only a 50 pip move?I am querying this because the methodology of using PVSRA which in effect is postion building and...
"...surely we should be designing a system that allows trading say 1 or 2 standard lots to reap the reward..." -
Well, you came to the right place. Just focus on Classics, using Scouts only in support of Classics as price moves in the direction of your trade.
Some have simply decided to break down their normal size of trade into a number of smaller parts that still make up the whole, and then make entries with a bit more flexibility and forgiveness. Such trades might not make as much, only time will tell, but they don't lose as much if they are give enough time. That is for certain.
Another thing you should realize is that Sonic didn't start this thread for folks so well healed that they have enough money already to trade large enough to make enough to live off of! He started it for folks that would like to grow little acorns into giant oaks, over time.
Some here trade in lots, some in mini-lots and some in micro-lots, and some in all, depending on how difficult or how easy they anticipate the trade to be. We measure the trade based on pips distance achieved x the number of units. These units do not have to be disclosed by the trader. They might be lots down to micro-lots. So, their actual cash on the barrel might be in dimes, dollars or tens of dollars. That's private stuff and it should remain that way. There is no need to drive well funded traders off because they think only micro-lot traders are here. There is no need to drive less well funded traders off because they think only rich folks trade here. Keep it to yourself and announce the pips x units made. Keep the size of your units to yourself. This puts everyone on the same level playing field, which is how Sonic intended it to be in order to be of the most help to the most people.
-tah
- #65,943
- Feb 20, 2014 8:47am Feb 20, 2014 8:47am
[Quote = CellarDoor; 7294515] {quote} Nice one!. Un gran ejemplo de Sonic Classic. Hice un comercial similar, pero me salí un poco antes. [/ Quote] Yes, I Think that it is a good example for newbies. In this example underlies the spirit of Sonic DJ
post 65,941
Adaptarse es la clave
- #65,945
- Feb 20, 2014 8:57am Feb 20, 2014 8:57am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #65,946
- Feb 20, 2014 9:33am Feb 20, 2014 9:33am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #65,947
- Feb 20, 2014 9:39am Feb 20, 2014 9:39am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} Whilst Loeil should be commended for his achievements, I think we should take a step back and analyse this carefully. I have noticed that Tah et al are quoting pips gained in thousands. I find this strange as most forums do not.Is this really right? Correct me if I am wrong, but is this not really micro pips and that 5,019 pips gained is equivalent to 5,019 x 10 cents move = $501.9 which if traded on standard lots is perhaps only a 50 pip move?I am querying this because the methodology of using PVSRA which in effect is postion building and...
But yes of course if you are so sure that you know where and when exactly the price will go, then you can even take 50 lot trade I took small EJ trades 0.03(36 trades), I don't shame it at all and actually I'm very happy with todays profit(1080€) actually
And this time "pay back period looks very impressive" 
PVSRA works me the best at the moment because of my fast lifestyle and believe it or not but I think I have saved lot of more nerves with my tiny trades than those who is taking 1-2 lot trades.
Greediness in the market = hard revenge .. Have experienced it before, wasn't the best feeling
I don't absolutely understand the people who think the market is some golden pot and it makes you rich with 1 day or 1 month. It doesn't.
Whatever is obvious is obviously wrong!"
- #65,948
- Feb 20, 2014 9:46am Feb 20, 2014 9:46am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} All trades with 1-2 lot? I call it greediness
Sonicers,
And also to those that come here with opinions about us, but having no experience with us.......
.......you have just read the MARKET TRUTH from a trader that can only be called THE BEST DAMN MARKET MAKER MAULER AROUND!
-tah
{quote} All trades with 1-2 lot? I call it greediness
- #65,951
- Feb 20, 2014 10:09am Feb 20, 2014 10:09am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #65,952
- Feb 20, 2014 10:10am Feb 20, 2014 10:10am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} The Market Truth Sonicers, And also to those that come here with opinions about us, but having no experience with us....... .......you have just read the MARKET TRUTH from a trader that can only be called THE BEST DAMN MARKET MAKER MAULER AROUND!
Learned from the best Whatever is obvious is obviously wrong!"
- #65,954
- Feb 20, 2014 10:16am Feb 20, 2014 10:16am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} UJ: With that long tail on the last candle, I do believe the MMs are bulls. Note that the candle made it all the way down to below the lower whole number....PVSRA! {image}
Added short
(actually I'm seeing high volume bring back up to recent S/R zone/swing high) So I'm gonna ignore news wick on candle you're talking about.
I know the secret...
- #65,956
- Feb 20, 2014 10:27am Feb 20, 2014 10:27am
I just finished reading most of the materials and I was looking through historic prices for setups...
I have a question.. 
Is this a correct trade setup that eventually didn't worked out, or it is wrong??
From what I see price made an impulsive move from H to L, retraced forming the LH and than started forming leg 3#. My sell would have been opened at the marked spot.
So...did I identified the trade setup wrong or it simply didn't worked out??
I have a question..
Is this a correct trade setup that eventually didn't worked out, or it is wrong??
From what I see price made an impulsive move from H to L, retraced forming the LH and than started forming leg 3#. My sell would have been opened at the marked spot.
So...did I identified the trade setup wrong or it simply didn't worked out??
- #65,957
- Feb 20, 2014 10:29am Feb 20, 2014 10:29am
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
Its all in the mind.
- #65,958
- Feb 20, 2014 10:35am Feb 20, 2014 10:35am
{quote} All trades with 1-2 lot? I call it greediness
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- #65,960
- Feb 20, 2014 10:42am Feb 20, 2014 10:42am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
USDJPY Long: Insane buying going on in USDJPY. I am long @ 102.30 for a move up to 103.25. This thing is ripe to spring up, the MM have accumulated what they wanted now they want to see sweet signs ($$$) of profit ring in.
Your post.....
-tah