Thank you for the indi 60mm.
Have a lovely day.
Have a lovely day.
- #643
- Feb 26, 2016 10:31am Feb 26, 2016 10:31am
- | Commercial User | Joined Feb 2012 | 3,770 Posts
here's a little walkthough of GU this week - taking all the valid entries and using the basic exit
results +470 - 353 net +117 20% over what I set myself as a weekly target on 1 instrument.
results +470 - 353 net +117 20% over what I set myself as a weekly target on 1 instrument.
tradewith60
- #647
- Feb 27, 2016 11:11am Feb 27, 2016 11:11am
- | Commercial User | Joined Feb 2012 | 3,770 Posts
tradewith60
hey Darren, why is it no one from your room posts here,apart from kumeto?
- #649
- Edited 4:48am Feb 28, 2016 4:34am | Edited 4:48am
- | Commercial User | Joined Feb 2012 | 3,770 Posts
tradewith60
- #651
- Edited 5:17pm Feb 28, 2016 4:46pm | Edited 5:17pm
{quote} Well...not sure about that. I would have thought, given that you make your money on volatility, and you are more likely to have a losing day when ' in the chop', shouldn't the discussion progress to ways of finding those currencies on those days where volatility can be expected? I not talking about some crappy technical indicator to tell you. Given the entry criteria is 'thoughtless' in terms of execution (and not your theory Darren), surely a little bit of pre-market planning with regards volatility, will help you pick more profitable currencies,...
Edit: Of course one at this point might wonder why I decided to join since I was already trading the strategy with profit. Well,for a start I felt grateful, then I was keen on sharing ideas with like minded people, and then I was sure there were nuances that would help increase the success rate. I wasn't disappointed...
- #652
- Edited 1:18am Feb 29, 2016 12:46am | Edited 1:18am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
{quote} Ok, let me rephrase then. Just change "all" with "most" and keep the rest. Let me add that judging by the second part of your post, I get the impression you haven't read this whole thread or misunderstood the main message, which is in one word "simplicity". I urge you to read it again and watch all the videos with more diligence. It should jump out loud. I was able to trade Darren's idea profitably since before I joined, and I see others did as well. "correlated markets - events, positioning by the institutions (data freely available), news...
Anyway I am not here to rubbish any of the work and the simplicity that has been presented here by Darren. I just thought if any advanced discussion was warranted, this is where I would be focusing ideas and it is not common knowledge to retail traders. As you say, perhaps the nuances you discuss in your private group has all this covered.“Your assumptions are your windows on the world. Scrub them off every once in a while, or the light won't come in.”
― Isaac Asimov
- #653
- Feb 29, 2016 3:51am Feb 29, 2016 3:51am
{quote} I keep a keen eye on 60's work because I think he is only one of few of very valuable contributors to ff. But I don't trade such a strategy myself. You don't have to tell me about the importance of simplicity. I get all that. I'd be interested to understand your use of correlated markets if you could elaborate. Have you been looking at options data, CME and Cot data, what about the 30yr Bonds and the Vix and there are others to tell you where the money is flowing? If you had been been you would not be readily dismissing these tools. When...
But I see you're still tied by some misconceptions about trading, which blindfold you and don't allow you to see Darren's strategy in its correct optics, already, let me say it again, plainly and abundantly exposed in this thread. The nuances have nothing to do with all the stuff you've mentioned.Funnily enough, Asimov's sentence you just quoted resumes brilliantly what I mean
- #654
- Edited 5:57am Feb 29, 2016 5:41am | Edited 5:57am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
{quote} I never thought you were rubbishing Darren's work
I think your ego is getting in your way of understanding my point 
. Calm down. Well done you are making money. Good for you. Now think about what I am saying.My only comment was to emphasise the importance of volatility and hinting at the non technical ways of finding it (where your current positioning permits), for the very same reason you wouldn't choose a pair with an adr of 20 pips a day for example. And for the very reason why you wouldn't want to trade Asia on Gbp or Eur. There is no difference. The exact same strategy on something that moves -simple (example - recent GBP action with regards Brexit).
With regards Asimov, you have to have a window in the first place to let the light in. Volatility IS the window. It is the window of opportunity - to profit. Not something to be wiped off.
- #655
- Feb 29, 2016 8:22am Feb 29, 2016 8:22am
{quote} So opening up to institutional ideas blindfolds me does it
- #657
- Mar 4, 2016 6:43am Mar 4, 2016 6:43am
- | Commercial User | Joined Feb 2012 | 3,770 Posts
tradewith60
- #660
- Mar 4, 2016 4:01pm Mar 4, 2016 4:01pm
- | Commercial User | Joined Feb 2012 | 3,770 Posts
tradewith60