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The Buy Low and Sell High System, the best way to make money

  • #341
  • Feb 10, 2015 7:44pm Feb 10, 2015 7:44pm
Only 2 pending got triggered during the last couple days, luckily both made profit. Nothing fancy just pending at top/bottom of range. The unlabeled one was AUD/USD h1.

EUR/USD was good. Stop 12 pips, TP 60. 5R. The unlabeled one was AUD/USD h1, closed manually at 2R.

Have a sell pending for top range of NZD/USD too but doesn't look like it'd get trigger anytime soon.
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Everything you can imagine, is real - Pablo Picasso
  • #342
  • Feb 11, 2015 9:03am Feb 11, 2015 9:03am
There is one last thing very important, perhaps the most important, that must be considered when selling high and buying low.

That is, suppose that price is high, it is presumibly going up.
Selling the highs blindly is counterproductive most of the time, as when the market move up it continue to move up untill the following things happen:

1) A liquidity pool has been reached (buy stops get triggered).
2) The buy pressure finish.

....

3) Sell pressure begin to mount.

Only at this point it make sense to sell the market.

How to recognize these points:

1) The liquidity pool reached (buy stops triggered), we can see an escalation in the upmove, an exhaustion bar, a spike in the updirection.
2) The buy pressure finish, we can see price stop going up (but not going down either), volatility just slow down.
3) Sell pressure begin to mount, market show some bearish candles, big ones, fresh sellers hitting the market.


That is, knowing where to buy or sell (buy low or sell high) is an important piece of the puzzle, but it is ruinous if attempted blindly.
Knowing when to buy or sell (the 3 points above) is the other important pieace of the puzzle, but it too is ruinous if done when price is not at the extremes of a range.
  • #343
  • Aug 29, 2015 7:51am Aug 29, 2015 7:51am
Hey, is anyone here still using this system? How it's working?

I find it still one of the best ways to trade... no indicators just find your setup and GO!
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  • #344
  • Oct 20, 2015 6:30am Oct 20, 2015 6:30am
Hi Tunera.

I find your ideas encouraging, I'm going to demo them for a while, see what I can make of it, I'll put some charts up here if that's OK.

Phil
  • #345
  • Dec 24, 2015 11:38am Dec 24, 2015 11:38am
Can someone tell me how to exactly know if the candle has reached the High or the Low.
It is very easy to see on a Chart in Hindsight and make it buy here this is the low and sell here this is the high.
But when the market is moving live how can wee know that this candle is going to be the low or the high?
Are there and filters or any other indicator that can tell that we have reached the high and the market is going to reverse from here . Can one use the Fractal Indicator and on what time frame? Again the Fractal Indicator repaints if the current candle goes past the high or the low of the previous candle.
Any other indicator such as the Stochastics, etc. Has anyone tried different indicators?

The system seems to be very good but we need to know exactly when is the time to buy or sell.
Can anyone help?
Thanks a lot.

John
Winning is a Great Feeling!
  • #346
  • May 19, 2016 12:54pm May 19, 2016 12:54pm
Quoting tunera
There is one last thing very important, perhaps the most important, that must be considered when selling high and buying low. That is, suppose that price is high, it is presumibly going up. Selling the highs blindly is counterproductive most of the time, as when the market move up it continue to move up untill the following things happen: 1) A liquidity pool has been reached (buy stops get triggered). 2) The buy pressure finish. .... 3) Sell pressure begin to mount. Only at this point it make sense to sell the market. How to recognize these points:...

did you stop writing this thread .... your ideas are good ....
go on ....
Position sizing, risk & phycology management are real definition of trading
  • #347
  • Edited 10:33am Feb 15, 2017 10:01am | Edited 10:33am
Old school trading is coming back
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edit: closed at +15 pip
  • #348
  • Edited 5:29pm Feb 18, 2017 5:15pm | Edited 5:29pm
This is really smart.
Earlier today i thought of making a new thread with the name "Buy low, sell high" And then just writing "Buy historical lows, sell highs. Figure out the rest as you go."
But seeing as there is already youre thread you beat me to it.

In essence i think this is what Nunix was doing, the greatest currency trader that i know of. Although her approach was a little different, basically what i think she was doing was buying at historical lows and selling at historical highs.

To get it to work you need some halfway clever money management with probably 3 or 4 positions maximum. But its not a big issue.

Tunera, there are many statements here that you made that i can and maybe should refute with charts, but i dont really see the point of doing that right now. Instead of taking individual statements and dealing with them my general feeling from reading what you write is that you make it more complicated then you should. I mean to say that it IS not that complicated. I say this in the spirit of cooperation and comradery.
My signature is: "Classified".
  • #349
  • Feb 18, 2017 5:55pm Feb 18, 2017 5:55pm
Quoting yaed
This is really smart. Earlier today i thought of making a new thread with the name "Buy low, sell high" And then just writing "Buy historical lows, sell highs. Figure out the rest as you go." But seeing as there is already youre thread you beat me to it. In essence i think this is what Nunix was doing, the greatest currency trader that i know of. Although her approach was a little different, basically what i think she was doing was buying at historical lows and selling at historical highs. To get it to work you need some halfway clever money management...
Yaed, unfortunately, in some way it is way more complex and more complicated than it may looks like..

I never had the possibility to share the real stuff because of various reasons, this is also why this thread (and all my other threads) didn't stayed alive for long.

However if you have a good way of "buy low sell high" trading please feel free to use this thread and write here as much as you want, i will also write here from time to time (i may post some trades images etc), yet that's all i can do
  • #350
  • Feb 20, 2017 1:22am Feb 20, 2017 1:22am
Quoting tunera
{quote} I never had the possibility to share the real stuff because of various reasons
If its true that you know "the real stuff", and there really are "various reasons" why you havent shared it, then i must assume i know less then you. This is so because i havent really met any of these "real reasons". In my case they need to be something as nasty as a 9mm in the face or more then three big dudes with clubs, and not just some thought ghosts in the bushes, some weird phone calls once a week or the odd person who happens to work at Goldman who keeps calling me every once in a while telling me im doing it wrong (even though im making money).

It is true as far as i can understand that if you know the "real stuff", i must assume you are not sharing it here other then the simple "sell the highs, buy the lows". I assume this because i can see little other original material in this thread, although i havent read it carefully, seeing as there seemed to be little reason to. If i do find such i reason, i will read it VERY carefully 5-20 times.
My signature is: "Classified".
  • #351
  • Feb 20, 2017 6:17am Feb 20, 2017 6:17am
Quoting yaed
{quote} If its true that you know "the real stuff", and there really are "various reasons" why you havent shared it, then i must assume i know less then you. This is so because i havent really met any of these "real reasons". In my case they need to be something as nasty as a 9mm in the face or more then three big dudes with clubs, and not just some thought ghosts in the bushes, some weird phone calls once a week or the odd person who happens to work at Goldman who keeps calling me every once in a while telling me im doing it wrong (even though...
Oh no, the real stuff means the real system, not the holy grail (not "real stuff" in that sense).

As for the reasons, let's say that it is something new and people don't like new things, people are lazy, nobody want to use the brain and learn something new, especially if it is also a thing "out of the box" that do require a certain level of focus in order to be understood.

But it will come out sooner or later, i have no doubt
  • #352
  • Feb 20, 2017 6:28am Feb 20, 2017 6:28am
Buying Low Selling High is big players game and trading can run for days and weeks it's a excellent way to get slow growth.
If you go in deep how big players use this they calls it Supply and Demand formula and mostly they Use 1 Day Chart. Supply and Demand means you copying Banks formula and you can get sure growth with this but few things important make target 3% to 5% against your capital using lowest leverage like 1:25.

This is Days to weeks trade system. You can gain big from 1 trade depends how you judge a 1 day chart
  • #353
  • Feb 20, 2017 7:08am Feb 20, 2017 7:08am
Quoting tunera
{quote} Oh no, the real stuff means the real system, not the holy grail (not "real stuff" in that sense). As for the reasons, let's say that it is something new and people don't like new things, people are lazy, nobody want to use the brain and learn something new, especially if it is also a thing "out of the box" that do require a certain level of focus in order to be understood. But it will come out sooner or later, i have no doubt
It's hardly new. "Buy low sell high" is a basic slogan so many people keep repeating. I think what other people fail at is understanding what exactly it means. It's not a "system" and it's not rules. Which is what said people want, but that's another story. The point is, "buy low, sell high" is more of a mindset. Ironically, the most of its power does not come from telling you when to trade, it comes from telling you when not to.
  • #354
  • Feb 20, 2017 8:00am Feb 20, 2017 8:00am
Quoting tunera
{quote} Oh no, the real stuff means the real system, not the holy grail (not "real stuff" in that sense). As for the reasons, let's say that it is something new and people don't like new things, people are lazy, nobody want to use the brain and learn something new, especially if it is also a thing "out of the box" that do require a certain level of focus in order to be understood. But it will come out sooner or later, i have no doubt
I think we are pretty much on the same page there.
Me i never understood whats the deal with this fear of new experiences? I shrivel and wither away without new things to process and avenues to discover. Its sort of one of the things i want to learn: why dont people want to learn? Sure i can answer that myself with some basic observations that i have heard regurgitated 1000 by other people. Well anyway... Its almost like i am different from other people, im different from my parents even. I have always had an extreme fascination for the unknown and so on.

Actually, to say that people are lazy is a comparison, would you agree? I mean that if you compare "people" to "people", neither can be lazy. But if you compare "Tunera" to "people", either could be lazy. And you statements assume the later is more lazy then the former. I agree, but the extent of the fact is not known to me.

To come further and have some examples: I was digging rocks out of the dirt with my hands 4 years ago. I hurt them a little bit and i got all dirty and sweaty. There was lots of people there and someone wondered why i was doing it without the shovel. I told them: "Its faster and better for me this way." Actually it didnt much matter if it was faster. I felt sort of better to handle the rocks with my hands, probably for many reasons. People are like that, always looking for the easy way. I never understood why. I guess its the easy way to go to the same job for 45 years, listen to the same stories at coffeebreaks, and when you get home you sit on your increasing ass waiting for nothing in particular to happen. And then you fucking die. Eeasy huh? I would rather just go in the Hells Angels and tell them im from Bandidos and im there to take all their motorcycles, their women and their green in that order, wave a 9mm replica around and just see what happens.

Im not saying "Get rich or die trying". Im saying "Do something for fuck sake!" to humanity.

Oh yeah this is trading forum...
Eeeh, i was saying...

Well i was saying that people are selling at the highs and buying at the lows. And lets take one example to illustrate this logic:
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Since the market does not operate on one open order, why should the trader? So perhaps a buy at the first gangs position and a second at the second gangs?
I mean its a matter of ones own discretion and so on of course, but there is a fundamental logic to every tick, as there is a logic to every gust of wind, how flowers bloom, how many times my son says "Daddy, get my pascifier!" before he gets tired and SCREAMS at me and so on. This i know for a fact. I never understood people who (seem to) trade and still they say price is "random".
My signature is: "Classified".
  • #355
  • Feb 20, 2017 8:02am Feb 20, 2017 8:02am
Quoting Barbossa
{quote} It's hardly new. "Buy low sell high" is a basic slogan so many people keep repeating.
Well in practice it is reverse from trend trading and reverse from what people most of the time think they are trying to do when they are trading.
My signature is: "Classified".
  • #356
  • Feb 20, 2017 8:04am Feb 20, 2017 8:04am
Quoting Deevog
Buying Low Selling High is big players game and trading can run for days and weeks it's a excellent way to get slow growth. If you go in deep how big players use this they calls it Supply and Demand formula and mostly they Use 1 Day Chart. Supply and Demand means you copying Banks formula and you can get sure growth with this but few things important make target 3% to 5% against your capital using lowest leverage like 1:25. This is Days to weeks trade system. You can gain big from 1 trade depends how you judge a 1 day chart
I dont agree. People trading tick and who are good at it do the same thing, only on smaller TF.
Actually im out on a limb here saying that i dont agree since 99% of the time, the rest of the conversation will be absurd, but anyway im giving it a shot this time.
My signature is: "Classified".
  • #357
  • Feb 20, 2017 8:37am Feb 20, 2017 8:37am
Quoting yaed
{quote} I dont agree. People trading tick and who are good at it do the same thing, only on smaller TF. Actually im out on a limb here saying that i dont agree since 99% of the time, the rest of the conversation will be absurd, but anyway im giving it a shot this time.
Agree, the rules that govern the markets on a yearly chart are the very same rules that govern it on the tick charts, no difference at all.

As for the "random" thing, ehehe.. well it is true that the market have always a number of possible scenarios that may play out, but to say that it is "random" is wrong.

Look at the image below for example, the market have a sort of freedom of choice, but it is not totally random
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  • #358
  • Feb 20, 2017 9:40am Feb 20, 2017 9:40am
Quoting yaed
{quote} I dont agree. People trading tick and who are good at it do the same thing, only on smaller TF. Actually im out on a limb here saying that i dont agree since 99% of the time, the rest of the conversation will be absurd, but anyway im giving it a shot this time.
You agree or not but far from facts FCA said recently 82% peoples loosing and overall above 90% peoples loosing. READ HERE
Only small growth is possible and big time frames can only help in this Demand and Supply system.
  • #359
  • Feb 21, 2017 2:56am Feb 21, 2017 2:56am
Quoting Deevog
Only small growth is possible
You're jumping to conclusions here. The number of traders who consistently lose is irrelevant to what is possible.
  • #360
  • Feb 21, 2017 9:48am Feb 21, 2017 9:48am
Quoting Barbossa
{quote} You're jumping to conclusions here. The number of traders who consistently lose is irrelevant to what is possible.
The peoples who did well in last 5 years you can not find here in forums. A 5% growth system is all base of every strategy.
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