Lies, broken promises,working strategies.....4 all newbies=me | Forex Factory

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Lies, broken promises,working strategies.....4 all newbies=me

  • #1
  • First Post: Edited 5:16pm Oct 12, 2016 3:05pm | Edited 5:16pm
Are you tired of strategies posted and replied like hell?
Or do you have a good strategy that runs like speedy gonzales and was good described?
Or a strategy which was good described but the most important indicator was missing...
I am since a month regular here and a am surprised how different the quality of severalt strats=threads are because of the poster!

Do you have some good and bad examples?
Would be great 4 sum beginner like me :-)

So lets update for good ones:
The Paradox System(untested)
Vucking good EA coder... https://t.ly/AZjRM
  • #2
  • Oct 12, 2016 3:08pm Oct 12, 2016 3:08pm
"RENKO Boxes Trade easy"
He proclaims he trades 8 forex pairs but only trades DAX and forget to mention the most important indicator.....
Shows only nice pictures of good tradings of eas but doesn t post the ea!
HELPFULLNESS=0%
Vucking good EA coder... https://t.ly/AZjRM
  • #3
  • Oct 12, 2016 4:32pm Oct 12, 2016 4:32pm
Quoting reteid2222
"RENKO Boxes Trade easy" He proclaims he trades 8 forex pairs but only trades DAX and forget to mention the most important indicator..... Shows only nice pictures of good tradings of eas but doesn t post the ea! HELPFULLNESS=0%
My humble opinion, there is no good and bad here on FF. All birds are singing their song on their own way here (C'est la vie).
Don't understand that you have to point to one of the traders and strategy here after just one month.
I am not offensive here are you ?. I'm just like all FF members willing to help by giving you an example (just one strategy of all available) where you could start to get familiar with all insights of trading and indicators and make a living from it. It is a long road but I guess you already know.
Search for - The Paradox System - from dove_alliance .

Read all and re-read again (very very interesting). See you back in three months
"The needs of the many outweigh the needs of the few" - Spock
  • #4
  • Oct 12, 2016 4:38pm Oct 12, 2016 4:38pm
Quoting Johnhere
{quote} ... Search for - The Paradox System - from dove_alliance . ..
Quoting dove_alliance
Hello Traders: I am creating this thread as I am getting ready to give away The Paradox System. I will not give away the original system but the MT4 version that I created about 3 years ago with the MT4....

rubbish.
  • #5
  • Oct 12, 2016 4:44pm Oct 12, 2016 4:44pm
Quoting ruma29
{quote} {quote} rubbish.
Sure.... answers without a strong foundation

we all listen to rookies as you from now on.
"The needs of the many outweigh the needs of the few" - Spock
  • #6
  • Oct 12, 2016 5:14pm Oct 12, 2016 5:14pm
The truth is: I just tested some strats here....I am convinced sum make good money and sum not....I will program a framework and test several strats and show the good and unmask the not profitable like I do on another board!
Vucking good EA coder... https://t.ly/AZjRM
  • #7
  • Oct 12, 2016 5:24pm Oct 12, 2016 5:24pm
You have this backwards

Its not the strategy/system that wins money...is the trader.
Dragon Rider
  • #8
  • Oct 12, 2016 6:11pm Oct 12, 2016 6:11pm
Quoting reteid2222
The truth is: I just tested some strats here....I am convinced sum make good money and sum not....I will program a framework and test several strats and show the good and unmask the not profitable like I do on another board!
That would be smart and an awful lot of work but a great topic on FF.
P.s every EA here is killing itself after some time by adding more parameters when there is no success found. A framework (OOP programming whatever) will also end that way.

We all have to agree sooner or later with Barloc above.
"The needs of the many outweigh the needs of the few" - Spock
  • #9
  • Oct 12, 2016 6:15pm Oct 12, 2016 6:15pm
There is not holy grail system...

Stratagy
look at time of day your trading.. Market moves more at certain times of the day.... And gets really slow other times of the day, know the times of day movment is likely to be small, big or dead.
Look at Higher time frames first.. then work down...
Wait for price to come to your level that you want to trade at.. don't be always in search of a trade, be in sniper mode..
Some days its better to do nothing... then to gamble..
The only system that will work is one designed by and for yourself.
  • #10
  • Edited 8:30pm Oct 12, 2016 7:11pm | Edited 8:30pm
the truth is you have to learn thousands of hours every system like indicator systems, pure price action trading, correlation etc. and meanwhile you have to find out why this system works only under certain market conditions. you need this knowledge to understand how the markets works.
search for systems and articles to learn how trading works, not to find a tool that makes money for you and dont use indicators which you dont understand because if you dont know how an indicator is calculated you cant learn from it.
e.g. a divergence on the RSI means a fading trend wave strenght because the RSI is a momentum indicator and you should understand how the RSI is calculated etc.
the rookies use RSI like this: they want to find overbought/OS zones just to find out that they are losing money by trading 1000 times against strong trends.
you are able to filter out this crap informations after studying tons of hours.

if you try to make an EA you will never be successful in forex trading because every hard coded system works only under certain market conditions and a retail software will never be better than a brain. programmers make money with selling software code, traders with trading.
  • #11
  • Oct 12, 2016 8:17pm Oct 12, 2016 8:17pm
Quoting reteid2222
Are you tired of strategies posted and replied like hell? Or do you have a good strategy that runs like speedy gonzales and was good described? Or a strategy which was good described but the most important indicator was missing... I am since a month regular here and a am surprised how different the quality of severalt strats=threads are because of the poster! Do you have some good and bad examples? Would be great 4 sum beginner like me :-) So lets update for good ones: The Paradox System(untested)...
Hey not sound negative but you dont just buy a strategy and set it up and flick it on.

Same way you dont buy a book on golf read it and start winning golf comps

Takes s lot of work and practice. But even then success is far from gutanteed
Time hides Nothing
  • #12
  • Oct 12, 2016 8:18pm Oct 12, 2016 8:18pm
Quoting reteid2222
The truth is: I just tested some strats here....I am convinced sum make good money and sum not....I will program a framework and test several strats and show the good and unmask the not profitable like I do on another board!
I challenge you to find just 1
Time hides Nothing
  • #13
  • Oct 13, 2016 2:04am Oct 13, 2016 2:04am
Quoting reteid2222
"RENKO Boxes Trade easy" He proclaims he trades 8 forex pairs but only trades DAX and forget to mention the most important indicator..... Shows only nice pictures of good tradings of eas but doesn t post the ea! HELPFULLNESS=0%
You could try contacting the poster to see if he/she is willing to share.

BUT

There is no shortcut to success...
instead of leeching off others, why don't you show some effort instead of complaining that others are not spoonfeeding enough.

It is us traders who make the decisions and other strategies may not work as well in lieu of differing perspectives.
  • #14
  • Oct 13, 2016 10:12am Oct 13, 2016 10:12am
Lies, broken promises,working strategies.....

Are you sure when you review these strategies, you will not be guilty of the same ?

Strategies only work if they suit the personality & temperament of the trader.
It never gets easier, you just get better
  • #15
  • Oct 14, 2016 6:54am Oct 14, 2016 6:54am
I can find two sorts of threads here
- someone creates a thread because he has an idea and wants to create a strategy with a help of others
- someone has a strategy and teaches others to use it

The first group is fine for me and I understand their effort.
The latter sort of gurus makes me wonder, why they teach other traders (mostly beginners) their perfect strategy instead of making money. I know a few successful traders, and even though we are friends and chat often, none of them would reveal their strategy in detail to me neither for free nor for money.
  • #16
  • Oct 14, 2016 7:39am Oct 14, 2016 7:39am
Quoting Halley
I can find two sorts of threads here - someone creates a thread because he has an idea and wants to create a strategy with a help of others - someone has a strategy and teaches others to use it The first group is fine for me and I understand their effort. The latter sort of gurus makes me wonder, why they teach other traders (mostly beginners) their perfect strategy instead of making money. I know a few successful traders, and even though we are friends and chat often, none of them would reveal their strategy in detail to me neither for free nor...
I second Halley. I highly doubt that anybody with a working strategy would just share it with the masses and set himself up for dealing with endless questions by lazy 'traders' who want to be spoon fed. There are several good threads on FF, however, only one or two is in the 'Trading Systems' category.

Bottom line is, if you have a strategy or method that works, you won't share it. Simple.
Invincibility lies in the defence; the possibility of victory in the attack
  • #17
  • Oct 19, 2016 4:31pm Oct 19, 2016 4:31pm
Indicators-- B.S
Fibs and Pivots-- B.S
Moving Averages- B.S

Almost all strategies here on different forums revolves around these bullshits.

These things are purposely promoted by big goons to make us loose money. Forex is not a small fish to control with few rules. If this , this , this then BUY, if this this this then SELL. What the hell. The moment you develop something by garaging traditional indicators, fibs , pivots and moving averages the next movement you will be on path of success. You need a complete framework to spot opportunities and cashing on these opportunities.

Forex is all about spotting the POI's , money management, time and session consideration , context understanding and your inner discipline and patience. One you are done with this , Nobody can stop you from success.
Forex; the game of movements not the game of candles.
  • #18
  • Oct 19, 2016 4:42pm Oct 19, 2016 4:42pm
Quoting Johnhere
{quote} That would be smart and an awful lot of work but a great topic on FF. P.s every EA here is killing itself after some time by adding more parameters when there is no success found. A framework (OOP programming whatever) will also end that way. We all have to agree sooner or later with Barloc above.
OOP Programming died years ago. It's now the age of aspect oriented programming.
Forex; the game of movements not the game of candles.
  • #19
  • Oct 19, 2016 6:41pm Oct 19, 2016 6:41pm
Quoting BBalazs
{quote} I second Halley. I highly doubt that anybody with a working strategy would just share it with the masses and set himself up for dealing with endless questions by lazy 'traders' who want to be spoon fed. There are several good threads on FF, however, only one or two is in the 'Trading Systems' category. Bottom line is, if you have a strategy or method that works, you won't share it. Simple.
In a nutshell.
Combat crazy markets with crazy trading
  • #20
  • Oct 19, 2016 8:27pm Oct 19, 2016 8:27pm
Quoting Sajid
Indicators-- B.S Fibs and Pivots-- B.S Moving Averages- B.S Almost all strategies here on different forums revolves around these bullshits. These things are purposely promoted by big goons to make us loose money. Forex is not a small fish to control with few rules. If this , this , this then BUY, if this this this then SELL. What the hell. The moment you develop something by garaging traditional indicators, fibs , pivots and moving averages the next movement you will be on path of success. You need a complete framework to spot opportunities and...
candlesticks are an indicator hiding tons of informations you would see with a tickchart. this attitude "i only trade the pure price without indiactors" is a lie.
the most people are indicator traders. some use only one (candlesticks...) some an average from the candlesticks.
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