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5 years and still no strategy

  • #601
  • Apr 27, 2017 2:12am Apr 27, 2017 2:12am
Quoting metta87
{quote} can you show a chart or two please ?
Yes. I'll put some together over the weekend.
Road To Wisdom? To err and err and err again, but less and less and less...
  • #602
  • Apr 27, 2017 2:17am Apr 27, 2017 2:17am
Quoting CindyXXXX
{quote} I get what you're saying but this is exactly what I was talking about. It's a misconception in my belief to think that the market is doing one or the other.. What I mean is the market can range in a trend or trend in a range or range in a range or trend in a trend I mean you will see what you want in the end... .
Trading based on indicators, candlesticks, systems on FF is like trading based on illusions. You see what you want to see.

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You came here for the truth and let me unveil it for you
  • #603
  • Edited 5:06am Apr 27, 2017 3:04am | Edited 5:06am
the market has no agenda, everyone tries to use the market to further their own agenda.

the market just wants to move.

yeah, we created money and gave it value. money doesnt get to decide if its used to buy guns and drugs or gets donated to help animal shelters. some types of currency is used more often for certain transactions tho.

I recommend "Debt: The First 5,000 Years" for those interested in the product we are actually trading here.

are we trading our bias and agenda?
or are we only trading our analysis?
or are we trading the products?
  • #604
  • Apr 27, 2017 3:09am Apr 27, 2017 3:09am
Quoting RondaRousey
{quote} Trading based on indicators, candlesticks, systems on FF is like trading based on illusions. You see what you want to see. {image}
I love candle sticks =P

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Time hides Nothing
  • #605
  • Apr 27, 2017 4:00am Apr 27, 2017 4:00am
Quoting DClearsky
the market has no agenda, everyone tries to use the market to further their own agenda. the market just wants to move. yeah, we created money and gave it value. money doesnt get to decide if its used to buy guns and drugs or gets donated to help animal shelters. some types of currency is used more often for certain transactions tho. I recommend "Debt: The First 5,000 Years" for those interested in the product we are actually trading here. are we trading our bias and agenda? or are we only trading our analysis? or are we trading the products?
"Debt: The First 5,000 Years"

Planning on checking it out. Thanks for the recommendation.
  • #606
  • Apr 27, 2017 4:48am Apr 27, 2017 4:48am
Quoting DClearsky
... are we trading the products?
money is goods. probably the most expensive goods of all time.

regarding your post - i think it is quite good post. i like it.
Maadik Hugiis. IQ 69.
  • #607
  • Apr 27, 2017 6:59am Apr 27, 2017 6:59am
Price goes Up, Down, Sideways*

*defined as a move that does not cover costs nor provides sufficient profit potential.

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How do you apply this principle to the market to turn the odds in your favour?
  • #608
  • Apr 27, 2017 7:04am Apr 27, 2017 7:04am
imo no range no trend, only up or down, like when you toss a coin.
  • #609
  • Apr 27, 2017 7:04am Apr 27, 2017 7:04am
Quoting Pipalicious
the odds in your favour?
... well we're all waiting...

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  • #610
  • Apr 27, 2017 7:26am Apr 27, 2017 7:26am
Quoting Pipalicious
Price goes Up, Down, Sideways* *defined as a move that does not cover costs nor provides sufficient profit potential. https://www.youtube.com/watch?v=4Lb-6rxZxx0 How do you apply this principle to the market to turn the odds in your favour?
i'd choose the door he opens

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GOAT
  • #611
  • Edited 8:46am Apr 27, 2017 8:17am | Edited 8:46am
Quoting MoneyZilla
{quote} money is goods. probably the most expensive goods of all time. regarding your post - i think it is quite good post. i like it.
Money is CHEAP, it's a piece of paper that gets printed into existence, as if by magic
In fact it's so easy to create money, the US in just about to go over $20 trillion in debt
used to be undecided but nowadays can't make my mind up
  • #612
  • Apr 27, 2017 8:26am Apr 27, 2017 8:26am
Quoting mrcreosote
{quote} Money is CHEAP, it's a piece of money that gets printed into existence, as if by magic In fact it's so easy to create money, the US in just about to go over $20 trillion in debt
that is true. we all believe in wizards and magic.
i sign a piece of paper in B.V.I. and poof, a company entity appears as if by magic. i can now offer shares, sign other contracts...

the same thing goes for entire countries..

CindyXXXX i saw your new thread.. i don't want to reply in there in case you sign me up
but.. don't be like that my friend.. but if you must, can I push you a bit further... if you need to teach then you might as well work with a platform.
so aside from tuition, you can make off the spread also.

or BBook all pupil trades.... it's a slippery slope my friend.
  • #613
  • Apr 27, 2017 11:59am Apr 27, 2017 11:59am
Planning is the core element in any business and in Forex Trading also, you could only become successful, if you have proper plan.
  • #614
  • Apr 27, 2017 2:22pm Apr 27, 2017 2:22pm
Quoting GodfatherSam
Planning is the core element in any business and in Forex Trading also, you could only become successful, if you have proper plan.
Typical talking points. You can plan all you want. If you don't understand what the major players are doing your plan will get you nowhere. There is no right combination of indicators or the right setup or method. You must develop an understanding of the market you want to trade. If you want to plan then plan to get properly educated. HINT: Look for education everywhere except here and avoid the commercial section like the plague. Learn how to read the market.
  • #615
  • Apr 27, 2017 4:07pm Apr 27, 2017 4:07pm
Quoting mrcreosote
{quote} Money is CHEAP, it's a piece of paper that gets printed into existence, as if by magic In fact it's so easy to create money, the US in just about to go over $20 trillion in debt
to get of debt why don't the counties just print more money, easy peasy lemon squeezy
There ain't no such thing as a free lunch
  • #616
  • Apr 27, 2017 4:47pm Apr 27, 2017 4:47pm
Quoting Calculus
{quote} Not really that sure what dark pools are. I just look at the price and for brokers I use IB, run their data through Ensign for Windows (charting program) and Button Trader for order execution. I joke that the setup is the setup of champions. Ensign will let you use any time-frame. As far as speed goes, although I've got a fast internet connection is probably snail pace compared to the top guys plugged right in to the matrix. However, I've never had a problem with getting orders in too late. 90% of the time I enter on stop-limit (2 tick limit),...

I know a little about dark pools, knew few who use it but never really took notice (not rich enough or close to being haha ) dark pools are places of private trading where orders are placed and received are placed. where if these orders were made on the public markets they would have a big effect in the market.but the same people who use them would spend like 3mil on internet connection so they see the price mil seconds before everyone else if you want to read more they're pretty interesting: http://www.investopedia.com/articles...dark-pools.asp

oh right, I'll look them up, I thought you be using something more than mouse and keyboard need quick reactions in that time frame do you trade massive lots and just in out, surely you don't hold trades if your in that timeframe.
There ain't no such thing as a free lunch
  • #617
  • Apr 27, 2017 5:08pm Apr 27, 2017 5:08pm
Quoting forexer801
{quote} I know a little about dark pools, knew few who use it but never really took notice (not rich enough or close to being haha ) dark pools are places of private trading where orders are placed and received are placed. where if these orders were made on the public markets they would have a big effect in the market.but the same people who use them would spend like 3mil on internet connection so they see the price mil seconds before everyone else if you want to read more they're pretty interesting: http://www.investopedia.com/articles...dark-pools.asp...
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The funniest, is that nobody takes me seriously.
  • #618
  • Edited 1:50am Apr 28, 2017 1:24am | Edited 1:50am
Quoting FairTrader
{quote} https://youtu.be/f9EjJoCNtoo
Interesting video about front running. However this practice affects BIG institutions not small retail investors lol
  • #619
  • Apr 28, 2017 3:11am Apr 28, 2017 3:11am
Quoting forexer801
{quote} to get of debt why don't the counties just print more money, easy peasy lemon squeezy
Sometimes it can get out of control and create WWII or starvation
Not that this has ever bothered the bankers

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used to be undecided but nowadays can't make my mind up
  • #620
  • Apr 28, 2017 4:43am Apr 28, 2017 4:43am
Quoting mrcreosote
{quote} Sometimes it can get out of control and create WWII or starvation Not that this has ever bothered the bankers {image} {image}
I look at them every mornig when I wake up lol, just to remind me how crazy this world is.


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