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Attachments: 5 years and still no strategy
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5 years and still no strategy

I do not know why people are secreting their trading systems.
I do not mind showing my terminal and no "secret sauce".
Yes. Money loves silence, but only money ... And experience can be shared.
Everything is simple, support and resistance, opening of the day and maximum average deviations, the volatility indicator is self-made, plus kiosoto. The converted currency strength indicator is also slightly changed. The volume of pulses to see. Well, the senior timeframes. That's enough for me.
Of course I would like to see what other experienced traders use.
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When you do not understand what to do, do not do anything.
Quoting dkrock
Hello. I stopped reading at page 2, so sorry if I cover something already discussed. Since you prefer to trade technical analysis, then I recommend using a tool that tracks news releases so you can be aware of possible areas where your trade might be at risk. I don't trade 1HR or 4HR time frames, so it allows me to simply sit out of the market until the patterns return. I don't use candlesticks, lol, nor horizontal lines, diagonal lines, fibo lines, pivot lines, or any of those other ineffective tools. Those are "salesman" tools, "economist" tools,...
hello, howdo you see those supply demand areas ir you dont use candlesticks ?
You probably have a lack of discipline, your own self making you not settle down with one strategy,
I know because I was the same, I was constantly trying to improve and finding new ways, never satisfied with anything.
even if they worked, I just wanted something even better than that, I when I found that, I wanted better than that even.
I was never settling down with one strategy, allways on the discovery mode hunt-
so it was like I was enjoying the discovery of new things more than the trading it self. what is that sickness?
if you are the same then do what I finally did, take everything you learned and put it together to one strategy. maybe that will help
Bulls are stupid Animals!especially when Im short!
Quoting roughtrader
You probably have a lack of discipline, your own self making you not settle down with one strategy, I know because I was the same, I was constantly trying to improve and finding new ways, never satisfied with anything. even if they worked, I just wanted something even better than that, I when I found that, I wanted better than that even. I was never settling down with one strategy, allways on the discovery mode hunt- so it was like I was enjoying the discovery of new things more than the trading it self. what is that sickness? if you are the same...
I see a lot of people putting out discipline as the reason for problems. But really, isn't that like presenting a 6 year old with a two step multiplication problem and calling them undisciplined or lazy because they can't solve it? They can't solve the problem not because they are undisciplined, but because nobody taught them how to do the problem! Sorting through all the junk and misinformation on the internet related to forex trading is a Herculean task.
Quoting Kanzler
{quote} I see a lot of people putting out discipline as the reason for problems. But really, isn't that like presenting a 6 year old with a two step multiplication problem and calling them undisciplined or lazy because they can't solve it? They can't solve the problem not because they are undisciplined, but because nobody taught them how to do the problem! Sorting through all the junk and misinformation on the internet related to forex trading is a Herculean task.
I disagree. Most of it isn't junk. A vast majority of it is applicable and does work under certain circumstances. The problem is that most people don't understand how to identify what the circumstances are at any given moment. Most of the 'strategies' share the same components just with slight deviations on random accuracy. Once you grab all the strategies and compile them into the truth(a thorough understanding of how the market works) you'll realize that most of the strategies do indeed have merit. They just lack in some way/shape/form because the grand strategy requires understanding things that aren't taught.

You can teach a 6 year old the process of a two-step multiplication problem but that doesn't mean they'll understand how to apply that knowledge to, say, writing an algorithm in C++ which performs those calculations. Most people learned in school how to regurgitate the things taught to them like well-trained monkeys. Not many people chose to question and UNDERSTAND what was being taught and why. Many people just assumed that the secret of wealth would be handed to them on a silver platter by teachers who couldn't afford to pay their mortgage or maintain a marriage. I thoroughly believe that you have to have had that curious/determined nature in you from the beginning to have much of a chance in this lifetime of peircing the veil. Yes; anyone can transcend from being a monkey to being a god. But godhood cannot be taught. It can only be pursued.
"The fun is in the hunt. Not the kill."
Controlling emotion or/and discipline are not the problem.
Cognitive dissonance is the major problem.
Quoting Redeflect
{quote} I disagree. Most of it isn't junk. A vast majority of it is applicable and does work under certain circumstances. The problem is that most people don't understand how to identify what the circumstances are at any given moment. Most of the 'strategies' share the same components just with slight deviations on random accuracy. Once you grab all the strategies and compile them into the truth(a thorough understanding of how the market works) you'll realize that most of the strategies do indeed have merit. They just lack in some way/shape/form...
Would you disagree that most EA strategies, which are based on pretty much everything spread around on the forums, are junk? Because if you disagree, then you can surely show me one that has made money for the user in the long run with a low risk of ruin.

Quoting Mingary
Controlling emotion or/and discipline are not the problem. Cognitive dissonance is the major problem.
Pretty much this. "Discipline" and my favorite, "trader psychology" are strawmen used to hide the real issue because the real issue would damage the happy "I'm gonna be rich" delusions of thousands.
Quoting Kanzler
Pretty much this. "Discipline" and my favorite, "trader psychology" are strawmen used to hide the real issue because the real issue would damage the happy "I'm gonna be rich" delusions of thousands.
Yes indeed ...
Quoting Kanzler
{quote} Would you disagree that most EA strategies, which are based on pretty much everything spread around on the forums, are junk? Because if you disagree, then you can surely show me one that has made money for the user in the long run with a low risk of ruin. {quote} Pretty much this. "Discipline" and my favorite, "trader psychology" are strawmen used to hide the real issue because the real issue would damage the happy "I'm gonna be rich" delusions of thousands.
Yes. I would disagree. Pretty much every EA strategy works in the longrun... if you know when to apply it. Obviously a strategy designed to profit off an uptrend will lose money on a downtrend and vice-versa. To say EA's are junk is like saying a hatchet is junk because the trees always fall towards you. The problem isn't with the hatchet. The problem is with the manner in which it's being used.

An EA won't make you profitable. Neither will having a large account. Although they don't necessarily hurt(unless you're relying on them to be the holy grail).

If your strategy isn't designed to identify and adapt to an uptrend, downtrend, or sideways market then you're just waiting to lose all your money. Either slowly or in a handful of giant moves against you. If you don't know what the trend is and when/why it's transitioning then you're doomed in the long run. This is true for everyone. Now, how you go about figuring out what the trend is and when it's transitioning... well, that's the fun part :-D
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} Yes. I would disagree. Pretty much every EA strategy works in the longrun... if you know when to apply it. Obviously a strategy designed to profit off an uptrend will lose money on a downtrend and vice-versa. To say EA's are junk is like saying a hatchet is junk because the trees always fall towards you. The problem isn't with the hatchet. The problem is with the manner in which it's being used. An EA won't make you profitable. Neither will having a large account. Although they don't necessarily hurt(unless you're relying on them to be the...
I like your analogy, but the last part of your reply is exactly right. That is the fun part. Identifying a trend is a paradox. When you recognize it, it's often too late, and you are going to find yourself buying high and selling low. It's a futile pursuit for fools and is often one of the first topics addressed in the "rookie" section.
Quoting Kanzler
{quote} I like your analogy, but the last part of your reply is exactly right. That is the fun part. Identifying a trend is a paradox. When you recognize it, it's often too late, and you are going to find yourself buying high and selling low. It's a futile pursuit for fools and is often one of the first topics addressed in the "rookie" section.
Is it too late? Or is it too early? ;-D

That's the point of knowing the difference between a trend and a retracement and a reversal. Everything becomes clear with time. Discipline and patience are required to finally reach that level of clarity.

My problem was never identifying a trend too late. It was always abandoning the trends too early on the first minor retracement or confusing those retracements with reversals because I'd be chasing some other non-existant opportunity. It's pretty hard to notice a trend too late if you're looking at the charts for 16 hours a day for months. They have a characteristic signature. Everything that's volatile eventually explodes :-). Needless to say; the best trends are the ones where you can go on a vacation and come back without having missed anything.
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} Is it too late? Or is it too early? ;-D That's the point of knowing the difference between a trend and a retracement and a reversal. Everything becomes clear with time. Discipline and patience are required to finally reach that level of clarity. My problem was never identifying a trend too late. It was always abandoning the trends too early on the first minor retracement or confusing those retracements with reversals because I'd be chasing some other non-existant opportunity. Needless to say; the best trends are the ones where you can go...
Then you make money from your strategy?
Quoting Kanzler
{quote} Then you make money from your strategy?
My 'strategy' is THE strategy. I by no means take credit for having some ingenious methodology. The way to be profitable wasn't devised by me. It was only through humility and learning what everyone else is doing that I was able to discover what doesn't work. Insanity is doing the same thing over and over again and expecting different results. I understand the madness, so, why wouldn't I also understand how to exploit the expectations?
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} My 'strategy' is THE strategy. I by no means take credit for having some ingenious methodology. The way to be profitable wasn't devised by me. It was only through humility and learning what everyone else is doing that I was able to discover what doesn't work. Insanity is doing the same thing over and over again and expecting different results. I understand the madness, so, why wouldn't I also understand how to exploit the expectations?
You do realize, that your reply was a non-answer with only an insinuation? A yes or no would do nicely.
Quoting Kanzler
{quote} You do realize, that your reply was a non-answer with only an insinuation? A yes or no would do nicely.
Then the answer is 'no'. I do not 'make' money. The central banks do that for me. I reallocate the value of other's accounts to my own by exploiting their expectations and taking advantage of their reluctance to acknowledge when they are 'wrong'. I don't need to be 'right' or 'wrong'. I just want to be profitable. I do that by waiting patiently for the moments when others start to become unprofitable and making sure I'm not with them. Basically; I take advantage of their egos and greed... and impatience.
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} Then the answer is 'no'. I do not 'make' money. The central banks do that for me. I reallocate the value of other's accounts to my own by exploiting their expectations and taking advantage of their reluctance to acknowledge when they are 'wrong'. I don't need to be 'right' or 'wrong'. I just want to be profitable. I do that by waiting patiently for the moments when others start to become unprofitable and making sure I'm not with them. Basically; I take advantage of their egos and greed... and impatience.
Spoken like a true politician. I think you are full of shit. If you make money, show us your trade explorer or go away with your rubbish.
Hello,

You have a strategy.But you are feeling lack of self-confidence because your saying you manage risk and you have reward.
ifyou are making money then its good. It is market, market cannot be forever bullish or bearish or sideways. Just back test what you are using.

Best wishes

Take care
Quoting Kanzler
{quote} Spoken like a true politician. I think you are full of shit. If you make money, show us your trade explorer or go away with your rubbish.
Lol, yes... "rubbish". If you are profitable then you understand full-well what I'm talking about. You also understand that it doesn't matter if people are told that their cognitive dissonance is the culprit. That's something they'll have to figure out how to resolve for themselves. No amount of telling them what they're doing wrong is going to make them understand it. It seems to me like you're reluctant to let people figure out how to be profitable without really understanding how tremendous of a hurdle that will be for most of them. Even if we explain it.

You're using a post I made months ago to confirm that I'm not profitable... but, please explain, how does testing out some of the 'wrong' things a few months ago to learn precisely what does and doesn't work prove that I'm not profitable? Everyone has to get their sealegs before they can ride the waves.

As the great Mackelmore re-iterated: "The Greats weren't great because at first they could paint. The Greats were great because they painted a lot"
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} Lol, yes... "rubbish". If you are profitable then you understand full-well what I'm talking about. You also understand that it doesn't matter if people are told that their cognitive dissonance is the culprit. That's something they'll have to figure out how to resolve for themselves. No amount of telling them what they're doing wrong is going to make them understand it. It seems to me like you're reluctant to let people figure out how to be profitable without really understanding how tremendous of a hurdle that will be for most of them. Even...
I am not profitable. But you were peddling some secret methodology pretending you know how to profit. Probably to inflate your ego. Then I dug around in your post history and found this posted only a month ago:

Quoting Redeflect
I'd like everyone's opinion on the 90/90/90 standard. I realized in laughter this morning that I was nearly a part of that 90%. (I think I lost 80% of my account in 60 days). In my honest opinion if you push yourself and survive those 90 days... you're in the clear.
Like I said, you are full of crap and should just exercise your right to be silent before you make more of a fool of yourself.
Demo traders with no profit able history even some trade wants to other to show the TE proof of profitable.... Lool.
Trade fearless not careless...
Easy Return This Year: na
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