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New year New system!

  • #1
  • First Post: Apr 4, 2014 2:00pm Apr 4, 2014 2:00pm
so it's a new year and my new year resoltuion is to make up what i lost in forex trading, mainly because i didnt test my system well enough, was impatient therefore made rookie mistakes, and failed to follow my strategy

I would really appreciate some help here.. I have been going through a lot of the more popular threads with systems that have been extensively tried and tested and work really well for the one's that adopt them

I started off as a scalper and trend trader, since i'm too impatient, but losing almost 90% of my account made me realise i need to be more patient and stop scalping! So i developed a new strategy basically trading higher time frames and sticking with the trend, and a 20-30pip s/l and t/p ratio

Anyway, i'd like to ask all the traders here, what trading systems and styles have worked the best for you, and how long have you been trading them.

Thanks
  • #2
  • Apr 4, 2014 2:24pm Apr 4, 2014 2:24pm
Casino is good place for you... Read book - Beat the Dealer: A Winning Strategy for the Game of Twenty-One
  • #3
  • Apr 4, 2014 3:21pm Apr 4, 2014 3:21pm
[quote=tkhan011;7385120]so it's a new year and my new year resoltuion is to make up what i lost in forex trading, mainly because i didnt test my system well enough, was impatient therefore made rookie mistakes, and failed to follow my strategy I would really appreciate some help here.. I have been going through a lot of the

Do you have a system to share? If other wise this thread will be fit for the rookie talk section.
  • #4
  • Apr 4, 2014 7:59pm Apr 4, 2014 7:59pm
Quoting GoogleTrader
Casino is good place for you... Read book - Beat the Dealer: A Winning Strategy for the Game of Twenty-One
I don't read.. or gamble.. especially in a casino, you shouldn't either

Perhaps you should read 'how to understand what people are saying and respond accordingly: A winning strategy for not being a douche', i've been meaning to as well

Anyone with anything useful to say?
  • #5
  • Apr 4, 2014 8:16pm Apr 4, 2014 8:16pm
Quoting aje6767
Do you have a system to share? If other wise this thread will be fit for the rookie talk section.
Yes.. I've tested for a few months and been using Forex Power Pro by russ horn in real trading, with a few other indicators, atached here, it's fairly easy to understand and imply

The indicators that are not part of the system are for s/r and pivot lines, the other you see in the chart is just an indication of the trend on different timeframes, i got from the mt4 terminal under code base

I have had some to relatively good success, mainly due to my own performance, so can't blame the system, but i do need to find something that has been tried and tested with better results..
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 221 KB
Attached File(s)
File Type: pdf forex-power-pro.pdf   796 KB | 2,473 downloads
File Type: ex4 MTF Visualization v1.2.ex4   19 KB | 771 downloads
File Type: tpl template_name.tpl   21 KB | 713 downloads
  • #6
  • Apr 5, 2014 8:49am Apr 5, 2014 8:49am
Quoting GoogleTrader
Casino is good place for you... Read book - Beat the Dealer: A Winning Strategy for the Game of Twenty-One
your responsability if his house is under mortgage in 1 month =D
  • #7
  • Apr 5, 2014 9:35am Apr 5, 2014 9:35am
Quoting tkhan011
{quote} Yes.. I've tested for a few months and been using Forex Power Pro by russ horn in real trading, with a few other indicators, atached here, it's fairly easy to understand and imply The indicators that are not part of the system are for s/r and pivot lines, the other you see in the chart is just an indication of the trend on different timeframes, i got from the mt4 terminal under code base I have had some to relatively good success, mainly due to my own performance, so can't blame the system, but i do need to find something that has been tried...
a well written trading method, thanks for sharing.
  • #8
  • Apr 7, 2014 4:44am Apr 7, 2014 4:44am
Quoting tlpfx14
{quote} a well written trading method, thanks for sharing.
I would refer you to post 4, but here's something fresh

if you took the time to read the pdf, check out the screenshot and simply attach the indicator to your chart, you would see it is quite simple and takes less time to understand it than it took to write that unusable reply, and if you still don't understand, there are extensive posts on this site regarding the basics of understanding forex, indicators, and how to read a pdf in english

And your welcome.
  • #9
  • Apr 7, 2014 5:04am Apr 7, 2014 5:04am
It feels that the results from "Rapid Results Method" have not been particularly rapid. :nerd:
  • #10
  • Apr 7, 2014 8:49am Apr 7, 2014 8:49am
For those who have new year starting on Fools Day, the vendor offers new system at forex strategy master site now.

Just got an email...
  • #11
  • Apr 7, 2014 11:44am Apr 7, 2014 11:44am
Quoting grin
It feels that the results from "Rapid Results Method" have not been particularly rapid. :nerd:
I'd have no idea what rapid looks like lol
  • #12
  • Last Post: Apr 9, 2014 2:08pm Apr 9, 2014 2:08pm
"my new year resoltuion is to make up what i lost in forex trading"

Trust me that is not a good resolution. Forget about the loses and accept them as your payment for being naive and ill informed at the time. If you bring back your old loses, your going to bring back some old habbits try to break free and forget about the money. Think of every trade as it's own entity and don't lump them together like that. Good luck with you trading though.
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