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1 year profitable trading goal

  • #1,161
  • Sep 18, 2016 12:10pm Sep 18, 2016 12:10pm
Could I join you guys? =)
Live stream trading: youtube . com/user/th3b0y/live
  • #1,162
  • Sep 18, 2016 12:58pm Sep 18, 2016 12:58pm
To me, strategy is based on approach to trading, and what your trade decisions are based on. This can be deciding to trade, deciding on SL placement, and when to take profit. Can also be decisions on position size, how many trades to be in concurrently, and the list can go on.

If you take an honest look at historical data, you can easily see whether a strategy/approach would work or not. But when you look at historical data, it does not take into account how emotions will affect your decisions, since it's easy to say, after the fact, what you should have done, and that you would have followed all of the logical "rules" regarding your trading approach/strategy.

This is why trading is so difficult for most of us. The emotions get in the way of good trading decisions.

Here is a very simple example. If you were to say, I'm just going to trade pin bars and engulfing bars. Any old "pinish" looking bar and any old engulfing bar appearing any where, and just trade one pair, GBPJPY. Take every trade on daily chart, and just set it to +2 R reward, and let it run. The below chart shows, that you'd have a winning record since March this year. 15 wins (green arrows), and 12 losses (red arrows). That is 55% win rate, and if risking 2% per trade, a 36% increase. Assuming the last arrow is a win, if not, then a little less gains...

I'm sure you could take numerous strategies on various time frames, and map it out like this, and it would show a winning result. The problem is, in real time it is much more difficult to make the right decisions according to whatever strategy/plan you are trying to follow, as the emotions get in the way...
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Click to Enlarge Name: pinengulf.png Size: 136 KB
  • #1,163
  • Sep 18, 2016 1:11pm Sep 18, 2016 1:11pm
I try use simple strategy too. In my case strength zero crosses in H4. I use H1 for anticipation
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Click to Enlarge Name: Screenshot_20160918-190856.png Size: 408 KB
Try don't lose pants never...
  • #1,164
  • Sep 18, 2016 1:33pm Sep 18, 2016 1:33pm
Quoting RoelsMajor
{quote} Well, I disagree about your definition about "The Edge". Edge is pure about technical in chart, about strategy. Risk Management plus Discipline follow later. If We talk about the Edge, maybe something like this: - Channel Breakout System by Williams Eckhardt and Richard Dennis (Turtle System) - First Strike Pluz by Joel Rensink - Or even maybe PVSRA TVT 20+ by Fischer Then We should analyze the profitability in the Long Term period becoz this opposite Theories: - Any system or method based on optimization will fail in the long run. This...
I joined this thread and opened Live account TE on FF ONLY to support you in this challenge helping you prove that PVSRA has an edge needed for consistent profitability even if mistakes are made regarding discipline and patience. I am the proof of this, because I made few big mistakes of overloading on this small account past 47 days. All recovered very fast and without any problems and without a danger to this small account. I personally would never give my bigger live account data to FF or MyFxBook or any such app.
In the end, green pips is all what matters, it is NP to adjust account size for personal $$ needs.

So yes, for me a system traded definitly has to have an edge and I agree to "small and slow bleeding to death " with great discipline and patience and even Money management without a proper trading system. In total sync on that.
PVSRA
  • #1,165
  • Sep 18, 2016 2:00pm Sep 18, 2016 2:00pm
Quoting benaiah
The problem is, in real time it is much more difficult to make the right decisions according to whatever strategy/plan you are trying to follow, as the emotions get in the way...
that is so true !!!

i'm usually going over my trades in the weekend .. and regularly have a moment like "Why T.F. did i take this one .. its clearly against the main rule of my strategy"
that's the 20% difference between backtesting and forward testing right there
and we all know why that is .. lack of discipline and emotional involvement.
  • #1,166
  • Sep 18, 2016 3:34pm Sep 18, 2016 3:34pm
Quoting th3b0y
Could I join you guys? =)
You are welcome to join if you are okay with uploading a live TE and okay with other thread rules outlined in first post.
  • #1,167
  • Sep 18, 2016 3:41pm Sep 18, 2016 3:41pm
Quoting Fisher755
{quote} I joined this thread and opened Live account TE on FF ONLY to support you in this challenge helping you prove that PVSRA has an edge needed for consistent profitability even if mistakes are made regarding discipline and patience. I am the proof of this, because I made few big mistakes of overloading on this small account past 47 days. All recovered very fast and without any problems and without a danger to this small account. I personally would never give my bigger live account data to FF or MyFxBook or any such app. In the end, green pips...
Not a thread for promoting strategies.
  • #1,168
  • Edited 4:13pm Sep 18, 2016 3:52pm | Edited 4:13pm
Quoting benaiah
{quote} Not a thread for promoting strategies.
I know. It is one year profitability thread, automaticaly promoting any person or a strategy that achieves the goal. That's the way trading and life in general is. Hope many people and strategies gets "promoted", because trading is never ending learning process and I would sure like to learn more from every trader that gets to the finish line green.

At the same time, we have a terrible member here at FF (on my ignore list) that stubbornly claims there is noone on FF that can stay consistently green here at FF (just because he cannot). I sure hope many will shut him up forever.

Putting high hopes on braintheboss and pursuit_21 for throwing their TEs right into this shitter's face!
The more TEs , the better!
PVSRA
  • #1,169
  • Sep 18, 2016 4:37pm Sep 18, 2016 4:37pm
Quoting Fisher755
{quote} I know. It is one year profitability thread, automaticaly promoting any person or a strategy that achieves the goal
I think the key is high lighted in bold/underlined

If someone wants to use this thread to achieve profitability and then go start their own thread to promote their strategy, that's fine. But first achieve the goal...
  • #1,170
  • Sep 18, 2016 4:44pm Sep 18, 2016 4:44pm
Quoting Fisher755
{quote} I know. It is one year profitability thread, automaticaly promoting any person or a strategy that achieves the goal. That's the way trading and life in general is. Hope many people and strategies gets "promoted", because trading is never ending learning process and I would sure like to learn more from every trader that gets to the finish line green. At the same time, we have a terrible member here at FF (on my ignore list) that stubbornly claims there is noone on FF that can stay consistently green here at FF (just because he cannot). I...
I'm not worried about my goal. I survived to Brexit ( and some 90% DD moments) but honestly I can't live trading with this kind of grow. When I finish goal I have think how use SL in my strategy
Try don't lose pants never...
  • #1,171
  • Sep 18, 2016 4:45pm Sep 18, 2016 4:45pm
Quoting benaiah
{quote} I think the key is high lighted in bold/underlined If someone wants to use this thread to achieve profitability and then go start their own thread to promote their strategy, that's fine. But first achieve the goal...
I would never start my own trading thread here at FF, I asure you. I bet you what ever you want. FF administrators and their politics is not of my taste at all. And they suck as businessmen too, bend to every big money that comes their way. Shame on them for that which is already included in my past posts. They do not care about their members at all. Nope, definitly not the place where I would place any seeds to grow.

I suspect I will be temporarily suspended for few days now guys, so see you after suspension.
PVSRA
  • #1,172
  • Sep 18, 2016 5:37pm Sep 18, 2016 5:37pm
Good Morning. 6am here in SGP and the spread for most pairs if starting to normalise, will probably start opening orders in a bit.

I've been waiting for this week since brexit, looking forward to the madness

Best of trading to all this week, stay safe. May we all reach our goals.
  • #1,173
  • Sep 18, 2016 6:52pm Sep 18, 2016 6:52pm
Quoting pursuit_21
Good Morning. 6am here in SGP and the spread for most pairs if starting to normalise, will probably start opening orders in a bit. I've been waiting for this week since brexit, looking forward to the madness Best of trading to all this week, stay safe. May we all reach our goals.
Looking forward to this week? Why? FOMC?
  • #1,174
  • Sep 18, 2016 6:56pm Sep 18, 2016 6:56pm
Quoting th3b0y
Could I join you guys? =)
I see you have a myfxbook account linked to your home page. Could you change the name of the portfolio to 1-year-profitable? That way you can confirm it's linked to your FF account. Once I've confirmed that, I can add you to the list....
  • #1,175
  • Sep 18, 2016 7:02pm Sep 18, 2016 7:02pm
Quoting benaiah
{quote} Looking forward to this week? Why? FOMC?
FOMC and BOJ monetary policy statement ...hopefully this week will be full of reversals and whips -- my preferred environment for getting the entries i'm looking for.
  • #1,176
  • Sep 18, 2016 7:59pm Sep 18, 2016 7:59pm
Quoting Fisher755
{quote} I would never start my own trading thread here at FF, I asure you. I bet you what ever you want. FF administrators and their politics is not of my taste at all. And they suck as businessmen too, bend to every big money that comes their way. Shame on them for that which is already included in my past posts. They do not care about their members at all. Nope, definitly not the place where I would place any seeds to grow. I suspect I will be temporarily suspended for few days now guys, so see you after suspension.
Fisher755, I see you are on some sort of mission to promote PVSRA strategy, and/or this Traderathome member, who has apparently left FF and is functioning on some other forum somewhere in internet world.

I created this thread to be a peaceful place where serious traders could work towards profitability. There is no place for any sort of crusade against FF, or some vindictive agenda to put others down. I mean who cares if others don't think it's possible to be profitable? Here, we just want to reach our goals.

You are blocked from this thread. If you promise to leave your agenda out of this thread, I would accept you back. You'll need to have another member PM me. But if you come back and start up your agenda again, you'll just be blocked from the thread again. After 3rd time, you will be permanently blocked.

I'm sorry, as you seem to have had some good input at times.
  • #1,177
  • Sep 18, 2016 8:41pm Sep 18, 2016 8:41pm
Quoting benaiah
{quote} I see you have a myfxbook account linked to your home page. Could you change the name of the portfolio to 1-year-profitable? That way you can confirm it's linked to your FF account. Once I've confirmed that, I can add you to the list....
Done! =)
Live stream trading: youtube . com/user/th3b0y/live
  • #1,178
  • Sep 18, 2016 9:02pm Sep 18, 2016 9:02pm
Quoting th3b0y
{quote} Done! =)
Welcome!

Updated list of traders here:

https://www.icloud.com/numbers/0hFdZ...Profit_Ability
  • #1,179
  • Sep 18, 2016 9:18pm Sep 18, 2016 9:18pm
Quoting benaiah
{quote} Fisher755, I see you are on some sort of mission to promote PVSRA strategy, and/or this Traderathome member, who has apparently left FF and is functioning on some other forum somewhere in internet world. I created this thread to be a peaceful place where serious traders could work towards profitability. There is no place for any sort of crusade against FF, or some vindictive agenda to put others down. I mean who cares if others don't think it's possible to be profitable? Here, we just want to reach our goals. You are blocked from this thread....

Hello, dont blocked her, i think she has an interesting method, i think we should decide if we can learn or not from her. let her be on this thread. we know that ff are full of liers, and its very hard to find someone how is really profitable on time, but not just profitable, profitable for living, you can be 1% profitable in 1 year, and that what personally im not looking. we should have all the possibilities open. I think fisher has an interesting method, but she also had 53% profit and then has almost 6% profit in a few days, so that for me is not usefull, but maybe its not the system, is the overleveraging.

I dont know, i think we all just want to know what is the real recepee for being succesfull. i feel frustrated for real, i couldnt accomplish my golds, and my free time for trading is when the market is slow.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #1,180
  • Sep 18, 2016 9:21pm Sep 18, 2016 9:21pm
Technical difficulties. Here's a pdf of current list...
Attached File(s)
File Type: pdf 1 Year Profit Ability-7.pdf   51 KB | 451 downloads
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