As simple as possible: 00 level trading | Page 246 | Forex Factory

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As simple as possible: 00 level trading

  • #4,901
  • Jun 24, 2014 12:16am Jun 24, 2014 12:16am
Quoting Qed
my 2 bobs worth .... Do what you think is right for you , if you dont like it change it ,Ive had to alter a lot of things because I dont trade curriencies, so different horses for diff courses , BUT the BASIC Method and rules have turned my trading around dramatically Thank you Udine
Me too.

The basic method and rules have turned me trading around dramatically, Thanks Udine!
Outcome is not important at all, but correct technique is what only matters
  • #4,902
  • Jun 24, 2014 12:22am Jun 24, 2014 12:22am
Quoting SmoothTrader
{quote} Richard Dennis the famous commodity trader, said basically the same thing. He could publish the exact rules of his highly successful system on the front page of the WSJ, but most people would not have nearly the success that he did because they will fail to follow the rules, try to change the system, and not have the patience to let the system work. PDF!!!!! BCC!!!!! Green pips to all.

Why not change, change to fit yourself.

Definitely, change would possibly lead to fail, but no change doesn't mean be success.

I like to change the rule. But the basic stuffs help me much.
Outcome is not important at all, but correct technique is what only matters
  • #4,903
  • Jun 24, 2014 12:36am Jun 24, 2014 12:36am
Looks like red Euro news at London open soon. So... no trading London open this upcoming session?
  • #4,904
  • Jun 24, 2014 12:36am Jun 24, 2014 12:36am
Quoting szpowerx
{quote} Why not change, change to fit yourself. Definitely, change would possibly lead to fail, but no change doesn't mean be success. I like to change the rule. But the basic stuffs help me much.
In training his traders, "turtles", Richard Dennis did not judge them on how much money they made or loss during their training. He judged them on their PDF (Patience, Discipline, Focus) and on their BCC (Belief, Consistency, Confidence). He knew that his system was successful, and he judged them on how well they adhered to the rules. Once they became proficient in their trading of the system, they were allowed to modify it to meet their personal trading styles. But he would then judge them as to how consistent they were in following their own rules.
  • #4,905
  • Jun 24, 2014 12:39am Jun 24, 2014 12:39am
Quoting SmoothTrader
{quote} In training his traders, "turtles", Richard Dennis did not judge them on how much money they made or loss during their training. He judged them on their PDF (Patience, Discipline, Focus) and on their BCC (Belief, Consistency, Confidence). He knew that his system was successful, and he judged them on how well they adhered to the rules. Once they became proficient in their trading of the system, they were allowed to modify it to meet their personal trading styles. But he would then judge them as to how consistent they were in following their...
Set and forget. Control your losses.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,906
  • Jun 24, 2014 1:09am Jun 24, 2014 1:09am
Any takers for the 173.60 long on gbpjpy?
  • #4,907
  • Jun 24, 2014 1:12am Jun 24, 2014 1:12am
Quoting silversurfer
Any takers for the 173.60 long on gbpjpy?
me
Donde hay Patron no manda Marinero
  • #4,908
  • Jun 24, 2014 1:14am Jun 24, 2014 1:14am
long GJ .60
short EJ .60
  • #4,909
  • Jun 24, 2014 1:23am Jun 24, 2014 1:23am
Good morning,

late start for me, as we celebrated the 3rd win of Holland in the world cup....

slight headache to be honest... fault of the last one for sure...

Udine
Sleep less, live fast, as it aint gonna last
  • #4,910
  • Jun 24, 2014 1:25am Jun 24, 2014 1:25am
Quoting Udine
Good morning, late start for me, as we celebrated the 3rd win of Holland in the world cup.... slight headache to be honest... fault of the last one for sure... Udine
Aspirina y a laborar. Buenos días.
Donde hay Patron no manda Marinero
  • #4,911
  • Jun 24, 2014 1:27am Jun 24, 2014 1:27am
Me too :
Long GJ @173.60 but stopped @ .57

Good morning my friends.
Have a nice green day ;-)
  • #4,912
  • Jun 24, 2014 1:28am Jun 24, 2014 1:28am
Quoting pannet1
{quote} Same problem of dissappearing profit tracker with me. As a fix, whenever I want it back, I apply the rules template. I think whenever you start, it looks for account information and if not found, it does not work.
Thanks, yes - that works. The most annoying issue is the disappearing xADR info: already got in a faulty trade because of my "temporary" lack of concentration, forgot to load the indi again and of course got in right at the bottom...
  • #4,913
  • Jun 24, 2014 1:29am Jun 24, 2014 1:29am
EJ -10
  • #4,914
  • Jun 24, 2014 1:29am Jun 24, 2014 1:29am
Quoting Udine
Good morning, late start for me, as we celebrated the 3rd win of Holland in the world cup.... slight headache to be honest... fault of the last one for sure... Udine

Good morning Udine and all..
Passion, Persist, Patience, Protect
  • #4,915
  • Jun 24, 2014 1:29am Jun 24, 2014 1:29am
interesting discussion going on..

in trading the system/method/strategy (or whatever you want to call it) must FIT YOUR PERSONALITY... because if it does not fit your personality you wont be able to PDF & BCC...

suppose you found a system you want to test...

check it according to http://www.forexfactory.com/showthre...87923&page=161 (post 3125)

then if it fits your personality.... use that system as a guideline (just like this one) and if adjust it to fit your needs.

The only and ONLY endresult must be: increased profitability , nothing else!!!

As that is why we are all here, to get a few bucks out of this big pond of money..

Stay green

Udine
Sleep less, live fast, as it aint gonna last
  • #4,916
  • Jun 24, 2014 1:30am Jun 24, 2014 1:30am
Quoting Udine
Good morning, late start for me, as we celebrated the 3rd win of Holland in the world cup.... slight headache to be honest... fault of the last one for sure... Udine

Good morning
  • #4,917
  • Jun 24, 2014 1:31am Jun 24, 2014 1:31am
Frankfurt TIme

EJ - SL

GJ - TP
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  • #4,918
  • Jun 24, 2014 1:32am Jun 24, 2014 1:32am
Quoting Udine
Good morning, late start for me, as we celebrated the 3rd win of Holland in the world cup.... slight headache to be honest... fault of the last one for sure... Udine
Good Morining Udine and to all

regards
jeet
  • #4,919
  • Jun 24, 2014 1:33am Jun 24, 2014 1:33am
EJ -10
GJ +6
  • #4,920
  • Jun 24, 2014 1:33am Jun 24, 2014 1:33am
GJ +5
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