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5 PIPS - Only Five

  • #481
  • Nov 5, 2014 9:37am Nov 5, 2014 9:37am
Quoting santos23
Well I see everyone has decided to attack me for my posts after being confused on what the hell the rules are here. So let me share my thoughts on what I think this thread really is about. Id like first for tk5 not to feel offended about this. Due to my intelligence being questioned here about a candle lets put the intelligent once to test. {image} {image} {image} {image} This system might work well for some, and not for others, but ask yourselves this, why is this guy so concerned that you use a good ECN low comission broker and high lots with...
you are being silly...defending myself? for what lool you were criticized for some stuff by some users..go and answer them...I dont even know whats going on between you and others..
dont act like a kid.
IB comms is lowest for ECN accounts cause brokers make money not from spreads but commissions and theres not much to profit!
My intention was to attract people to liquid and direct markets and advantages of ctrader over MT only because such systems work best in the mentioned low spread environments only. I am not hungry for 2-3 bucks that newbies could make from LOW lots traded...
always draw trendlines
  • #482
  • Nov 5, 2014 9:41am Nov 5, 2014 9:41am
Quoting Edlich
Santos I think you are barking up the wrong tree, many of us taking part in this thread understand both the specific rules to operate this strategy and also what common sense filters are required to make it work. If it's not for you, fair enough, but I think it a bit unfair to be taking potshots at the OP, who as far as I can see has not tried to sell or promote anything other than his own ideas? Good luck in your onward trading.

I would not dismiss it though. A round trip on 30 lots as an IB could be worth $30 or more depending on his commission deal. Multiply this by trading every hour.. and you see what picture it could paint.

Not saying either way it is what is happening, and apologies if it is not, but you can't blame Santos for being skeptical.
  • #483
  • Nov 5, 2014 9:43am Nov 5, 2014 9:43am
It's the internet. Believe nothing. Take the info, use it, test it draw your own conclusions. Don't waste time, with conflict.
  • #484
  • Nov 5, 2014 9:45am Nov 5, 2014 9:45am
Quoting leeshindig
{quote} I would not dismiss it though. A round trip on 30 lots as an IB could be worth $30 or more depending on his commission deal. Multiply this by trading every hour.. and you see what picture it could paint. Not saying either way it is what is happening, and apologies if it is not, but you can't blame Santos for being skeptical.
listen TK is able to make that 30 USD (which requires 30 lots (300K) a newbie like Santos would generate within 3 months!!!) in one or two hours.

I already regret that I shared this idea with some 'black sheep' who gets offense like a girl for some silly irrelevant reasons..
always draw trendlines
  • #485
  • Nov 5, 2014 9:49am Nov 5, 2014 9:49am
Quoting tk5
{quote} listen TK is able to make that 30 USD (which requires 30 lots (300K) a newbie like Santos would generate within 3 months!!!) in one or two hours. I already regret that I shared this idea with some 'black sheep' who is gets offense like a girl..
Now, now.. name calling will get you no where.

I am merely stating what I seen. As I said, it may or not be the case.
  • #486
  • Nov 5, 2014 9:52am Nov 5, 2014 9:52am
why only 5 pips? so boring..
visit www.OlimpiaFX.com
  • #487
  • Nov 5, 2014 9:52am Nov 5, 2014 9:52am
Quoting tk5
{quote} listen TK is able to make that 30 USD (which requires 30 lots (300K) a newbie like Santos would generate within 3 months!!!) in one or two hours. I already regret that I shared this idea with some 'black sheep' who is gets offense like a girl..
This is the last post im going to post directed to you or your thread, im not trying to ruin anything for you or dismiss that this works.
Go back the whole thread and see if i insulted anyone. Never did.

Check today the people who think theyre smart and funny enough, and see what they had to say about me. check my past posts on my profile about trading to see if im a newbie or not.

If you want to hit, well make sure you can get hit too when the time comes. This world aint a one way for everyone, its ying and yang.

goodbye

Attached Image


It seems to me you have access to FF more than 2x a day and quite quick when you read something you dont like.

Good luck in the future.
YOUR MOTHERS ASS
  • #488
  • Nov 5, 2014 9:55am Nov 5, 2014 9:55am
Quoting olimpia
why only 5 pips? so boring..
I don't know dude, maybe the 45 pips today?

Did you read the title of this thread?

Start your own exciting thread.
  • #489
  • Nov 5, 2014 9:56am Nov 5, 2014 9:56am
Quoting santos23
{quote} This is the last post im going to post directed to you or your thread, im not trying to ruin anything for you or dismiss that this works. Go back the whole thread and see if i insulted anyone. Never did. Check today the people who think theyre smart and funny enough, and see what they had to say about me. check my past posts on my profile about trading to see if im a newbie or not. If you want to hit, well make sure you can get hit too when the time comes. This world aint a one way for everyone, its ying and yang. goodbye {image} It seems...
listen, posting private stuff here..is most unethical thing. in this way you are earning reputation of Black Sheep..choice is yours.

why dont you also put here my personal advices, suggestions help PM-ed to you???

and besides, who hit you?)))) are gone mad or wth. where did tk5 hit you in this thread)))) open your eyes. stop crying
always draw trendlines
  • #490
  • Nov 5, 2014 10:03am Nov 5, 2014 10:03am
Quoting tk5
{quote} listen, posting private stuff here..is most unethical thing. in this way you are earning reputation of Black Sheep..choice is yours. why dont you also put here my personal advices, suggestions help PM-ed to you??? and besides, who hit you?)))) are gone mad or wth. where did tk5 hit you in this thread)))) open your eyes. stop crying

Black Sheep

Does writing in bold make the sheep blacker?

YOUR MOTHERS ASS
  • #491
  • Nov 5, 2014 10:06am Nov 5, 2014 10:06am
Quoting Jhlewis10
{quote} I don't know dude, maybe the 45 pips today? Did you read the title of this thread? Start your own exciting thread.

why not make 100 pips.. with same risk? just 5? bah!
visit www.OlimpiaFX.com
  • #492
  • Nov 5, 2014 10:09am Nov 5, 2014 10:09am
Quoting tk5
{quote} you are being silly...defending myself? for what lool you were criticized for some stuff by some users..go and answer them...I dont even know whats going on between you and others.. dont act like a kid. IB comms is lowest for ECN accounts cause brokers make money not from spreads but commissions and theres not much to profit! My intention was to attract people to liquid and direct markets and advantages of ctrader over MT only because such systems work best in the mentioned low spread environments only. I am not hungry for 2-3 bucks that...

TK5 where I can open account with 0 spread / 0 comissions? I only know that in IronFX there's possibility with that to open account STP/ECN NO comission / no spread, but there is one condition to open account like that: min. deposit = 100.000 $

So maybe there is broker with lowest spreads or even no spreads... hmm..
  • #493
  • Nov 5, 2014 10:12am Nov 5, 2014 10:12am
Mean while, back at the ranch Tonto disguised himself as a door and got his knob shot off.
Cut your Losers short and let your Winners run.
  • #494
  • Nov 5, 2014 10:24am Nov 5, 2014 10:24am
Quoting olimpia
{quote} why not make 100 pips.. with same risk? just 5? bah!
Same risk, 100 pips would be better. I agree.
  • #495
  • Nov 5, 2014 10:24am Nov 5, 2014 10:24am
I just cant believe there exist such irresponsible and pathetic people on Earth.
I almost did individual mentoring for this guy whose largest lot is 0.03, now look at him.

Being obliged to do sth else this week (leaving even trading) I was going to check here rarely...But I had to interfere and be distracted by this silliness.

I dont care who uses which broker and platform I only wanted to help and offered help and less costs.

you require only 2 grams of brain to accept the fact that in order to trade with 5-6 pips and do it couple times a day you certainly require tightest spreads and liquidity which only ECN provides. Now, if I even cared about traders in highlighting this issue in FX trading when I opened this thread but was taken wrongly by some..then I really feel sorry about them or just him.
always draw trendlines
  • #496
  • Nov 5, 2014 10:33am Nov 5, 2014 10:33am
All

When do you exit if the trade goes in opposite direction? - 5 pips??
  • #497
  • Nov 5, 2014 10:34am Nov 5, 2014 10:34am
Two blondes fell down a hole. One said, "It's dark in here isn't it?" The other replied, "I don't know; I can't see."
Cut your Losers short and let your Winners run.
  • #498
  • Edited 11:11am Nov 5, 2014 10:37am | Edited 11:11am
ok...whatever..

now this is called GETTING READY for set-up...
where HA hidden magic is

happening now GBPCAD

UPDATE: as you see it didnt yet break the line because USDCAD is resisting (going down)...so either we should wait OR leave it.
(but I know eventually it will hit up for 15-20 pips)

http://www.imagesup.net/?di=514152052850
always draw trendlines
  • #499
  • Edited 11:49am Nov 5, 2014 11:29am | Edited 11:49am
My hero... and everybody else's here.....

Ok just kidding. I don't trade this method. I target on average 10 to 50 a trade intraday but I see the value in the 5 pip thinking. I also know the power of moving averages combined with something solid. There are traders who only target 30 pips from just 1 trade a week and make more $ than the traders hitting 200+. It's all about the %. (Account size and risk.)

There are many methods. Some like the excitement of taking lots of trades and some don't. The market gives everybody what they want.

The better one gets, the more pips and less risk will be taken. hey some may even graduate to hedging... the real secret to trading...


Quoting olimpia
{quote} why not make 100 pips.. with same risk? just 5? bah!
SPC * Swollen PocketZ Crew!
  • #500
  • Nov 5, 2014 11:52am Nov 5, 2014 11:52am
Let me clarify sth here.

Yes I did and do offer sometimes to certain (especially newbies) mates here, signing to better trading account I have been using myself. So what??
Whats wrong with helping people reduce their trading costs and smoother execution/market depth.

nobody forcing nobody here.

better get your butts to earning pips.
always draw trendlines
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