The Ahaaaaa Moment | Forex Factory

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The Ahaaaaa Moment

  • #1
  • First Post: May 20, 2016 1:51pm May 20, 2016 1:51pm
When was it when you got the Ahaaaaa moment in forex trading?

For me it was about 4 months ago and am profitable now after a few years trading.
  • #2
  • May 20, 2016 3:12pm May 20, 2016 3:12pm
Quoting attilafx
When was it when you got the Ahaaaaa moment in forex trading? For me it was about 4 months ago and am profitable now after a few years trading.
I have had many "Ahaaaaa moments" over the past years... However, none of them lasted longer than 6 months...

Now I have a new "Ahaaaaa moment". Again.... (see my Trade Explorer)

These moments remind me of what Mark Twain said once:
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  • #3
  • May 20, 2016 4:39pm May 20, 2016 4:39pm
many ahaaa for me and now remember perhaps a few Averka !!!
  • #4
  • May 20, 2016 4:44pm May 20, 2016 4:44pm
My "aha" came years ago when I started doing my own thing instead of using 20-50-200 moving averages and stochastics.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5
  • May 20, 2016 4:51pm May 20, 2016 4:51pm
The ahaa moment comes when there are no ahaa moments left; you found an edge, and specialize in it to make profit consistently. Think about this sentence for a second.. How many times did you had your ahaa moment, and how many times did the market prove you wrong after? There is no need to make things more complex than they need to be.

9/10 of the ahaa moments are fooling you, especially when this ahaa moment is generated from hindsight chart-watching. Honestly, the ahaa moment comes the day you accept losing trades.
  • #6
  • May 21, 2016 5:41am May 21, 2016 5:41am
My Aha moment came one morning after getting up and I realized:

"First put on pants, then shoes"
  • #7
  • May 21, 2016 6:32am May 21, 2016 6:32am
My first forex ahaaa moment is when I have been programming EAs and I see that the strategy consistently loses in a linear fashion that you can sometimes reverse the BUY for SELL and SELL for BUY to see that sometimes doing this actually produces a good EA
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  • #8
  • May 21, 2016 6:50am May 21, 2016 6:50am
Quoting Mingary
My Aha moment came one morning after getting up and I realized: "First put on pants, then shoes"
  • #9
  • May 21, 2016 6:54am May 21, 2016 6:54am
Quoting keydcuk
My first forex ahaaa moment is when I have been programming EAs and I see that the strategy consistently loses in a linear fashion that you can sometimes reverse the BUY for SELL and SELL for BUY to see that sometimes doing this actually produces a good EA {image}
I have backtested EAs with similarly nice "Holy Grail" profit curves for 2015-2016... But these "Ahaaaaa moments" had lasted only until I have included 2012, 2013 and 2014 in those backtests... Those were the shortest ones...

The longest one has lasted for about 6 months until my tick-scalper EA was moved from "B-book" to "A-book" by Pepperstone and IC Markets...
  • #10
  • May 21, 2016 7:08am May 21, 2016 7:08am
My "Ahah" moment happened when i discovered Position Sizing
  • #11
  • May 21, 2016 7:52am May 21, 2016 7:52am
my ahaaaa moment when i find that my strategy needs some little thing to success after 2 years ..
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Investing is SIMPLE but NOT EASY
  • #12
  • May 21, 2016 8:54am May 21, 2016 8:54am
I had many "ahaaa" moment in the past, but now i am getting numb although i can earn good profits. LOL......However, i am planning big.
  • #13
  • May 21, 2016 8:57am May 21, 2016 8:57am
It so cool that so many of us have had "Ahaaaa moments"...

The next question is: How many of us have manged to make at least an average "Western" professional income ($100k+/year) from these "Ahaaaa moments"....?

(I have to admit that I have not, so I am still putting my hours in my professional job...)
  • #14
  • May 21, 2016 9:09am May 21, 2016 9:09am
Quoting ~bull.bear~
I had many "ahaaa" moment in the past, but now i am getting numb although i can earn good profits. LOL......However, i am planning big.
You have raised a good question... A trader might earn a "good living", but might become numb by sitting 12 hours a day in front of a monitor day-in day-out year after year...

Is it worth it as a trade-off for a more fulfilling job/profession...?
  • #15
  • May 21, 2016 9:21am May 21, 2016 9:21am
Quoting MasterGuru
{quote} I have backtested EAs with similarly nice "Holy Grail" profit curves for 2015-2016... But these "Ahaaaaa moments" had lasted only until I have included 2012, 2013 and 2014 in those backtests... Those were the shortest ones... The longest one has lasted for about 6 months until my tick-scalper EA was moved from "B-book" to "A-book" by Pepperstone and IC Markets...
This is why I am testing 2000-Present. I think when I posted the initial screenshot I was around 2000-2003. It is still going well although there is a bit of a flat period. No major DD though
  • #16
  • May 21, 2016 9:27am May 21, 2016 9:27am
Quoting MasterGuru
{quote} You have raised a good question... A trader might earn a "good living", but might become numb by sitting 12 hours a day in front of a monitor day-in day-out year after year... Is it worth it as a trade-off for a more fulfilling job/profession...?
Emm...i would not think so. Would be too tire by handling numbers of big customers and would not give me good money. Unless i setup my own trading company or maybe become manager to earn good commission from investors based on my % of earning, and meanwhile i trade for myself as usual. Anyway, my motive is to raise charity funds to help people and society.
  • #17
  • May 21, 2016 9:35am May 21, 2016 9:35am
Quoting ~bull.bear~
{quote} Emm...i would not think so. Would be too tire by handling numbers of big customers and would not give me good money. Unless i setup my own trading company or maybe become manager to earn good commission from investors based on my % of earning, and meanwhile i trade for myself as usual. Anyway, my motive is to raise charity funds to help people and society.
You could do that "anonimously" by selling signals on SignalStart.com or ConnectForex.com.

The advantage of these services is that clients could not bother you when there were an unavoidable DD, on top of the fact that there is no need to "handle" them...
  • #18
  • May 21, 2016 10:04am May 21, 2016 10:04am
Quoting MasterGuru
{quote} You could do that "anonimously" by selling signals on SignalStart.com or ConnectForex.com. The advantage of these services is that clients could not bother you when there were an unavoidable DD, on top of the fact that there is no need to "handle" them...
Something new to me. Looking at it. Thanks.
  • #19
  • May 21, 2016 8:35pm May 21, 2016 8:35pm
Quoting Mingary
My Aha moment came one morning after getting up and I realized: "First put on pants, then shoes"
Funny!!
  • #20
  • May 21, 2016 8:36pm May 21, 2016 8:36pm
I took several years off from trading to pursue a business opportunity. When I got back into it, everything seemed Ahaa-ish!
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