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Wiz Index

  • #321
  • May 10, 2017 7:46am May 10, 2017 7:46am
Quoting wizlon32
{quote} Well I dont really count what i do as Martingale what so ever. It's more like fading a move as someone else pointed out earlier in the thread or scaling in. Others will just see it as Martingale because they don't get it and that is the easiest way for them to label it and sometimes criticise it. You see yesterday I was convinced that there was a drop coming on UJ and it did come but I was too early. That was another example of mobile phone trading and then not being able to monitor the trade due to work. The situation on EU was similar....
wiz, may i know what broker are you using that has $500 bunos? Thanks!
  • #322
  • May 10, 2017 8:18am May 10, 2017 8:18am
Wiz , you are an inspiration ,keep up the good work....
  • #323
  • May 10, 2017 8:36am May 10, 2017 8:36am
Wiz,

I would love to see your trading from the beginning and the process how you grow your account, please consider sharing another TE --perhaps only to me in secret lol//

Just seeing someone else do what I want to do is extremely inspirational.
Dragon Rider
  • #324
  • Edited 10:58am May 10, 2017 8:37am | Edited 10:58am
I reset my experiments account to the day I implemented your ideas.

So far so good but time will tell if i can maintain this equity curve.
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Dragon Rider
  • #325
  • May 10, 2017 8:50am May 10, 2017 8:50am
Hey Wiz

Congrats and good shout on closing off the TE. There is a real mental battle you have to fight trading in public. The tempatation to stay in negative positions because others are watching is something no trader needs to be dealing with - especially when they are running a high risk/reward strategy. It was inspirational and helpful to see - but the needs or wants of some faceless bods should not/must not have a negative impact on your business. None of us would be able to concentrate at work and do they best job possible if we had a few hundred people watching, asking why we do certain things and telling us we're doing it wrong.

Of course, the naysayers will pitch in and shout 'No TE, No Believe', but you've done it with a TE visible, we've all seen it - you have nothing to prove. I think an approach is to make a TE visible over the weekend, let us get our magnifying glasses out, study, learn or simply get off on it etc, then make it private during business hours.

Anyway, just wanted to let you know you've opened my eyes to something I've not seen before. I'm 43% up on one account and 34% on another in two days - SCALPING! - I've not done that before. I'm looking at charts differently and feels like I'm in sync on the shorter TFs - not something I've managed for more than hour before. So, big up and thanks. You and Josh11 are a couple of the 'good ones' - not just as traders, but as contributors.
  • #326
  • May 10, 2017 8:58am May 10, 2017 8:58am
Quoting mario777
{quote} wiz, may i know what broker are you using that has $500 bunos? Thanks!
It was a 400% bonus. I'm not sure if they do it any more and there was a fair bit of negativity online about that particular broker, although they of course claimed that it was all unfounded.

They were called caesartrade.
Indentify > Plan > Accept > Execute
  • #327
  • May 10, 2017 9:02am May 10, 2017 9:02am
Quoting barloc
Wiz, I would love to see your trading from the beginning and the process how you grow your account, please consider sharing another TE --perhaps only to me in secret lol// Just seeing someone else do what I want to do is extremely inspirational.
I do get it that people like go see a good TE but I have to put myself and my trading 1st now. There are some ideas that I will consider from a few people here regarding TE but I'm not promising. I just want to see how the next couple of weeks go at the moment.
Indentify > Plan > Accept > Execute
  • #328
  • May 10, 2017 9:03am May 10, 2017 9:03am
Quoting chappy
Wiz , you are an inspiration ,keep up the good work....
Thank you mate
Indentify > Plan > Accept > Execute
  • #329
  • May 10, 2017 9:04am May 10, 2017 9:04am
Quoting barloc
I reset my experiments account to day I implemented your ideas. So far so good but time will tell if i can maintain this equity curve. {image}
Nice going buddy, love it!
Indentify > Plan > Accept > Execute
  • #330
  • May 10, 2017 9:06am May 10, 2017 9:06am
Quoting hollowhead
Hey Wiz Congrats and good shout on closing off the TE. There is a real mental battle you have to fight trading in public. The tempatation to stay in negative positions because others are watching is something no trader needs to be dealing with - especially when they are running a high risk/reward strategy. It was inspirational and helpful to see - but the needs or wants of some faceless bods should not/must not have a negative impact on your business. None of us would be able to concentrate at work and do they best job possible if we had a few hundred...
I'm so happy to hear that you and some others have managed to take something from here and make it work. They makes me happy and really makes it all worthwhile.
Thanks very much for you comments hollowhead
Indentify > Plan > Accept > Execute
  • #331
  • May 10, 2017 9:31am May 10, 2017 9:31am
I tested this theory in an ea . Only one line of code for the entry and it works better, replacing complicated logic . This shows you wiz was onto something here. The beauty is it works on anything . Price and volume don't lie . No shaping of the algorithm at all.
  • #332
  • May 10, 2017 10:09am May 10, 2017 10:09am
Quoting Pip-Miner
I tested this theory in an ea . Only one line of code for the entry and it works better, replacing complicated logic . This shows you wiz was onto something here. The beauty is it works on anything . Price and volume don't lie . No shaping of the algorithm at all.
Thankyou PM,
Would you be kind enough to show at least one of your "theory tested EA" results on a couple of charts please.? (with explanations please)

Kind regards
Michael
  • #333
  • May 10, 2017 10:53am May 10, 2017 10:53am
Quoting MichaelG
{quote} Thankyou PM, Would you be kind enough to show at least one of your "theory tested EA" results on a couple of charts please.? (with explanations please) Kind regards Michael
Attached Image


Sorry couldn't resist
used to be undecided but nowadays can't make my mind up
  • #334
  • May 10, 2017 10:54am May 10, 2017 10:54am
Quoting Pip-Miner
I tested this theory in an ea . Only one line of code for the entry and it works better, replacing complicated logic . This shows you wiz was onto something here. The beauty is it works on anything . Price and volume don't lie . No shaping of the algorithm at all.
I would love to know exactly what you've told the earlier to do. I am intrigued. I had some guys sending me personal messages offering to work in a psrtnership to create an ea but I didn't think it would work.
Indentify > Plan > Accept > Execute
  • #335
  • May 10, 2017 11:00am May 10, 2017 11:00am
Quoting wizlon32
{quote} I would love to know exactly what you've told the earlier to do. I am intrigued. I had some guys sending me personal messages offering to work in a psrtnership to create an ea but I didn't think it would work.
Wizlon, the process by robot may seem complicated, but I think it's worth trying, I also know about base code and I can help, if it works out we have one more tool.
  • #336
  • May 10, 2017 11:12am May 10, 2017 11:12am
@wiz, have you ever looked at 'important levels'? Like daily/weekly/monthly highs and lows, eg below EU on M1, top line weekly low, bottom daily low (yesterday)
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used to be undecided but nowadays can't make my mind up
  • #337
  • May 10, 2017 11:17am May 10, 2017 11:17am
Quoting renatoenzo
{quote} Wizlon, the process by robot may seem complicated, but I think it's worth trying, I also know about base code and I can help, if it works out we have one more tool.
Let's see what else pip miner has to say if he is happy to elaborate
Indentify > Plan > Accept > Execute
  • #338
  • May 10, 2017 11:25am May 10, 2017 11:25am
Quoting mrcreosote
@wiz, have you ever looked at 'important levels'? Like daily/weekly/monthly highs and lows, eg below EU on M1, top line weekly low, bottom daily low (yesterday) {image}
Yes I have and yes volume analysis can help as confirmation for entries at these levels but as a scalper I don't believe it is necessary to wait for price to hit these areas in order to get a profitable trade. Every minute of every day holds an opportunity on every chart If ypu know what to look for and have a strategy for extracting the pips.
Indentify > Plan > Accept > Execute
  • #339
  • May 10, 2017 11:29am May 10, 2017 11:29am
Quoting wizlon32
{quote} I would love to know exactly what you've told the earlier to do. I am intrigued. I had some guys sending me personal messages offering to work in a psrtnership to create an ea but I didn't think it would work.
its worth it, volume or price spike is a good entry point. But by itself not enough to be consistent long term . I just modified an existing ea of mine that trades like you , but using proper money management not over leveraging ... That Was the main issue
  • #340
  • May 10, 2017 11:57am May 10, 2017 11:57am
Quoting mrcreosote
@wiz, have you ever looked at 'important levels'? Like daily/weekly/monthly highs and lows, eg below EU on M1, top line weekly low, bottom daily low (yesterday) {image}
This is very similar to how a friend very successfully trades the E-mini S&P 500. Definitely something in it.
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