Dislikedthanx dee 50 the 2 charts does look the same ,,,,for some reason it just looked different on my charts ,,,maybe its the color contrasts which i used on my charts.Ignored
Cut your Losers short and let your Winners run.
- #4,941
- Jan 16, 2016 10:19am Jan 16, 2016 10:19am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #4,943
- Jan 16, 2016 11:34am Jan 16, 2016 11:34am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Put this to bed. 1st chart Phili. 2nd chart mine. 1. there is a slight difference in scaling. Perfectly normal, depends on your broker and your monitor settings. Also I am showing 2 MACDs which changes the Bar scaling. 2. there is a slight difference in wicks. I am using a different Renko EA and there is probably a difference in the tick data. 3. there is absolutely no difference between the shape or slope of the MACDs. 4. the bottom of the fib Phili's reads 9616, mine reads 9620, mine is snapped to the bottom of the bar Phili's is freehanded, but...
I think the biggest mistake people are making here is they try to emulate what they believe is someone else`s successful trading style right down to shape of a bloody brick. The best you can hope for is to learn from successful mentors Like Dee while developing your own style. It matters not one flying f$#@ what indi you find useful as long as you can make it work for your developing trading style. Never once have I told anyone to drop or add an indi. If someone asks about my lonely blue macd line i try and answer them.
I do have one thing to say adamantly. AT FIRST DO NOT TRADE,,,,JUST OBSERVE!!! This advice came from a simple PM from Dee last June when i was pestering him about scalping. Here is a screen shot of that conversation in its entirety. It`s all there. I think he will tell you I never asked another single question. I just followed his simple advice and it worked. No trading for 2 months....just observed.....Slowly day by day it started to make sense. The there was 2 months of demo trading...then live....then my life changed.....if you want more complicated go to one of the More Complicated threads and have at it. One last thing....if you think this is easy it not. There is a lot of hard work involved and you need a clear head. If you are lazy the people who know their shit will soon have all your money.
- #4,946
- Jan 16, 2016 4:50pm Jan 16, 2016 4:50pm
- Joined Sep 2014 | Status: No permanent address | 673 Posts
This may seem like a corny analogy but trading is like riding a motorcycle. Anyone can do it but to do it at a high level takes a bit of talent and a tonne of commitment and hard work. Most just pay lip service to it but some develop the skills to turn it into art. 
