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5 years and still no strategy

  • #521
  • Apr 25, 2017 5:51pm Apr 25, 2017 5:51pm
Quoting WolGod
95% DD acceptable?? Lol mmm nah. let me explain something further as to WHY no one here will ever be consistently profitable. Banks are segregated. Think about that. Teams work on different things. So you have strategy experts, IT experts/algos, trading experts. None of them understand OVERALL what they are doing. Its how 911 and every other huge task was and is done. trading is the biggest scam on the masses of all time. Just stop
How is it better to have 5 heads doing the task of 1 that understands what all 5 heads think they know? It doesn't take 5 men to figure out how to screw in a lightbulb. It only takes 1 that understands clockwise from counterclockwise.

I'd rather be a strategy expert, an IT expert, and a trading expert than presume 3 people with those titles can communicate ideas effectively. You don't need to be a rocket scientist to trade. But it definitely helps to understand rocket science.
"The fun is in the hunt. Not the kill."
  • #522
  • Apr 25, 2017 5:54pm Apr 25, 2017 5:54pm
Quoting WolGod
95% DD acceptable?? Lol mmm nah. let me explain something further as to WHY no one here will ever be consistently profitable. Banks are segregated. Think about that. Teams work on different things. So you have strategy experts, IT experts/algos, trading experts. None of them understand OVERALL what they are doing. Its how 911 and every other huge task was and is done. trading is the biggest scam on the masses of all time. Just stop
Pardon me if I'm recalling incorrectly, but isn't a little hypocritical to say that when you yourself say you make money from trading and that everyone else is stupid?
  • #523
  • Apr 25, 2017 5:59pm Apr 25, 2017 5:59pm
Quoting CrucialPoint
Experience (knowledge) are not counted in years.
never mistake (or use interchangeably) experience with knowledge

knowledge has so little in common with experience.
The risk is what gives value to an investment.
  • #524
  • Apr 25, 2017 6:03pm Apr 25, 2017 6:03pm
Quoting 3cent
{quote} never mistake (or use interchangeably) experience with knowledge knowledge has so little in common with experience.
Perhaps he meant Wisdom.
"The fun is in the hunt. Not the kill."
  • #525
  • Edited 8:25pm Apr 25, 2017 8:02pm | Edited 8:25pm
Quoting Kanzler
{quote} I am not afraid of drawdown. I simply do not tolerate it and close losers quickly. Accepting 80% drawdown means you were not that far from a margin call. What makes the future any different? What's the cutoff? 90% drawdown to margin call? 99%? What's stopping you from going completely broke? Nothing. I am sure you will do quite well for a while. Then one day it will all go horribly wrong and you'll be left stunned at how it could have happened. When it does, just remember me - I told you so.
Also, you are correct... what's the cutoff? 20%? 10%? 1%? Why not just call it quits the moment the trade goes against you? Death by a thousand cuts... go for 0% or just don't trade. Spend less time figuring out when you'll jump ship and more time figuring out how to make it so you never have to jump.

Jumping should be a last-resort. Jumping means you fucked up and you know it. Jumping means you made a mistake and shouldn't have taken the trade to begin with. Jumping means you over-leveraged and didn't size your trade properly to account for the circumstances of that moment and are facing a disproportionately painful loss. Jumping means you didn't know what you were doing.
"The fun is in the hunt. Not the kill."
  • #526
  • Apr 25, 2017 8:16pm Apr 25, 2017 8:16pm
Quoting Calculus
You find them by using the simple rule of - dramatic price movements tend to unfold from price structures that minimise participation.
My take on this..

Just take a look at the most recent Dramatic Price Movement- Monday right? French elections.
Was participation minimized? Yes! The move was set by Sunday election results, the markets weren't even open!

The only people participating were those who had left unhedged orders over the weekend, those that wanted to take risk.

This scenario just happens to fit the bill. but of course you're talking about when the markets are open..

I think another example of this would be to look at how people describe Bollinger Band action, when it tightens up then it's ready to expand!

But sometimes minimized participation is only due to the fact that everyone is sleeping.. and doesn't point to a guaranteed huge move right after.

The thing is there are lots of different scenarios, and hopefully we learn from each one and build on our strategy.
  • #527
  • Apr 25, 2017 8:18pm Apr 25, 2017 8:18pm
Quoting charvo
don't mind at all, but it is no way to explain it fully. i was only resonating what calculus said his last long post in fact gives you a good answer, please read it thoughtfully. what i can reaffirm is that the extreme of price movement (sometimes, a wick of a long candle) happens becoz of something on left. there's always a reason why the needle 'tip' at that level. some levels are simply more important than the others, and will cause those needle 'tips'. often, price react again upon returning to those 'tips'. anyway, this is a long story, and...
thx, i will take a look at his post.
  • #528
  • Apr 25, 2017 8:21pm Apr 25, 2017 8:21pm
Quoting Kanzler
{quote} Pardon me if I'm recalling incorrectly, but isn't a little hypocritical to say that when you yourself say you make money from trading and that everyone else is stupid?
Yes. But thats the truth. You are looking one of the only few in history of the world to understand it. Extremely lucky. And knowing this im trying yo explain to you retailers why youll never win. In short you dont have the information or understand the accumulation process. Its impossible. Stochs fibs waves ganns tell you nothing of great use. A distraction while you get raped by the biggest banks and algos. People who takk pips think its great pulling a few pips here and there but dont even get it one wrong trade (which will happen) blows all winnings from last 5 in a row if that were to be. Joke.
  • #529
  • Edited 10:02pm Apr 25, 2017 9:16pm | Edited 10:02pm
Quoting WolGod
{quote} Yes. But thats the truth. You are looking one of the only few in history of the world to understand it. Extremely lucky. And knowing this im trying yo explain to you retailers why youll never win. In short you dont have the information or understand the accumulation process. Its impossible. Stochs fibs waves ganns tell you nothing of great use. A distraction while you get raped by the biggest banks and algos. People who takk pips think its great pulling a few pips here and there but dont even get it one wrong trade (which will happen) blows...
On the contrary; wrong. It's amazing that everyone talks about how to find entries but no one talks about how to find exits...

You should only enter a trade if you have a damn good reason. If you have that reason... then you should only exit the trade if you have a damn good reason. If greed isn't a good reason to enter then fear isn't a good reason to exit.
"The fun is in the hunt. Not the kill."
  • #530
  • Apr 25, 2017 9:45pm Apr 25, 2017 9:45pm
Quoting WolGod
{quote} Yes. But thats the truth. You are looking one of the only few in history of the world to understand it. Extremely lucky. And knowing this im trying yo explain to you retailers why youll never win. In short you dont have the information or understand the accumulation process. Its impossible. Stochs fibs waves ganns tell you nothing of great use. A distraction while you get raped by the biggest banks and algos. People who takk pips think its great pulling a few pips here and there but dont even get it one wrong trade (which will happen) blows...
Everyone makes mistakes, its part of the learning process.

If you are one of the few in history of the world to understand something, then You are extremely lucky, not us.

I think most retailers fail not because they don't have information or understand some process, or that the information isn't available.. but because they think that what they know already is enough, and don't bother to build and revise.

Or because some retailers are told a short story and led down the wrong path by people looking to make a commission.

I think if we realize how to spot mistakes, then that is already a path to winning. Or at the very least.. a path to not losing as much.
  • #531
  • Apr 25, 2017 10:07pm Apr 25, 2017 10:07pm
Quoting Redeflect
{quote} Perhaps he meant Wisdom.
whatever dude, keep putting up words that means everyone of them what they mean . this is just a forum, i dont wanna make semanthic here

knowledge is not experience. period. and wisdom is yet another thing that dont mingle with the first two , unless you playing with words(semanthics). mot interested in this kind of conversation
The risk is what gives value to an investment.
  • #532
  • Apr 25, 2017 10:28pm Apr 25, 2017 10:28pm
Quoting 3cent
{quote} whatever dude, keep putting up words that means everyone of them what they mean . this is just a forum, i dont wanna make semanthic here knowledge is not experience. period. and wisdom is yet another thing that dont mingle with the first two , unless you playing with words(semanthics). mot interested in this kind of conversation
Should probably figure out the definition of wisdom then... lol.
"The fun is in the hunt. Not the kill."
  • #533
  • Apr 25, 2017 10:47pm Apr 25, 2017 10:47pm
Quoting WolGod
{quote} Yes. But thats the truth. You are looking one of the only few in history of the world to understand it. Extremely lucky. And knowing this im trying yo explain to you retailers why youll never win. In short you dont have the information or understand the accumulation process. Its impossible. Stochs fibs waves ganns tell you nothing of great use. A distraction while you get raped by the biggest banks and algos. People who takk pips think its great pulling a few pips here and there but dont even get it one wrong trade (which will happen) blows...
Did your doctor ever suggest that you might be a megalomaniac? Surely you are one of the most arrogant people I've come across. Only you can see the truth, because you have been preordained by god himself? The rest of us peasants should just relegate ourselves to the simple life I suppose.
  • #534
  • Apr 25, 2017 10:58pm Apr 25, 2017 10:58pm
Quoting stevepatt
{quote} When the market is going up BUY. When it stops going up get ready to SELL. {image}
Could you share indicator that plot those red and blue lines within the trend? Thanks
  • #535
  • Apr 25, 2017 11:07pm Apr 25, 2017 11:07pm
Quoting Kanzler
{quote} Did your doctor ever suggest that you might be a megalomaniac? Surely you are one of the most arrogant people I've come across. Only you can see the truth, because you have been preordained by god himself? The rest of us peasants should just relegate ourselves to the simple life I suppose.
agree it is arrogant from me but really im coming from a place of love. I know the truth by chance meeting. I personally am not a god or great mind.
The markets in all its movements while might seem extremely complex they are not. Its a simple magic trick a brilliant one but easily understood by the common man.
What have i said thats wrong? Ive stated the truth im sorry you cant handle it. You and everyone you know every EA hasnever been consistent. Itsbot because the market is random IT IS BECAUSE the illumanati/banks/people who run and own the world are using the best minds in the world for algos and they know what is coming onto and out of the market. There is no way to defeat this. Sometimes youll get on the back of it but more often than not your SRs and fibs and stochs will point to the wrong bias. Wrong tools wrong thinking. Value isnt a high or low price. Risk isnt in pips
  • #536
  • Apr 25, 2017 11:11pm Apr 25, 2017 11:11pm
Quoting WolGod
{quote} agree it is arrogant from me but really im coming from a place of love. I know the truth by chance meeting. I personally am not a god or great mind. The markets in all its movements while might seem extremely complex they are not. Its a simple magic trick a brilliant one but easily understood by the common man. What have i said thats wrong? Ive stated the truth im sorry you cant handle it. You and everyone you know every EA hasnever been consistent. Itsbot because the market is random IT IS BECAUSE the illumanati/banks/people who run and...
So knowing where orders are located on a chart and taking advantage of that isn't a valid tool? I read up a little on your post history before today, I don't think your methodology is that far removed from the same thing some people do. Not all of us use indicators, fibonacci, EAs, and other related horseshit.
  • #537
  • Apr 25, 2017 11:23pm Apr 25, 2017 11:23pm
Quoting blueman
{quote} Could you share indicator that plot those red and blue lines within the trend? Thanks

Hi Bluesman,

I put the lines in by hand.

In a Market like yesterday's (GBP/JPY) they are easy to plot.

Run of profit taking = very little Volatility.
  • #538
  • Apr 26, 2017 12:00am Apr 26, 2017 12:00am
Quoting Redeflect
{quote} It was a metaphor for society and what a brain does for an organism. It serves no physical purpose because it isn't a muscle. It only serves a structural one. ......
If this your mind set at 28 and you are not just talking nonsense by purpose you are totally doomed.
If you trade with real money we won't hear from you anymore within a short period of time because you are unable to pay for internet access.

Poor you. I really wish someone around you realizes your situation and helps you.
  • #539
  • Apr 26, 2017 12:01am Apr 26, 2017 12:01am
Quoting stevepatt
{quote} Hi Bluesman, I put the lines in by hand. In a Market like yesterday's (GBP/JPY) they are easy to plot. Run of profit taking = very little Volatility.
Thanks Stevepatt, happy trading
  • #540
  • Apr 26, 2017 12:46am Apr 26, 2017 12:46am
Quoting HudithePfupf
{quote} If this your mind set at 28 and you are not just talking nonsense by purpose you are totally doomed. If you trade with real money we won't hear from you anymore within a short period of time because you are unable to pay for internet access. Poor you. I really wish someone around you realizes your situation and helps you.
On the contrary; not poor me. I already have the wealth of the world. Many live their entire lives without hearing the sound of silence. Your words of criticism have no bearing on my existence. They have no meaning or purpose.
"The fun is in the hunt. Not the kill."
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