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5 years and still no strategy

  • #1,381
  • May 13, 2017 8:43am May 13, 2017 8:43am
Quoting Kanzler
{quote} You cannot forecast when it will be a "ranging" vs "trending" environment enough to be profitable with lagging indicators. If it were that easy every noob on this forum would be making money. Indicators are all shit, especially lagging oscillators. They are a gimmick by brokers to churn for commissions and spread. That's why they're so heavily promoted. It's like flying an airplane using tools for yesterday's weather conditions and hoping for the best. Sometimes you might be fine. Sometimes the conditions may even be better. But eventually...

Abit late on replying to this one but whatever

Markets are never random, it's all rigged and because it's rigged you can make money off of it. If it was all RANDOM noone could make money consistently.
  • #1,382
  • Edited 9:01am May 13, 2017 8:44am | Edited 9:01am
Quoting EcoTrader
{quote} Insulting others gives away your lack of intelligence and shows everyone the kind of person you are. Why don't you put your money where your mouth is and show everyone here just how rubbish you are at trading. I bet you will start insulting me now and try divert the question. I bet you won't have the balls to do it because everyone is going to laugh at your results. Show us your trading account
You must be a moron as well. If you think any decent trader is going to teach you how to make money to prove to YOU that they know how then you really don't understand how this game is played. Good luck with that

Criticism only works if people care what you think. Seeing as how you don't even think... why would they care about your criticism?

If you knew how to make money trading then you'd know better. It was, in fact, you that just proved you don't make money.
"The fun is in the hunt. Not the kill."
  • #1,383
  • Edited 10:34am May 13, 2017 9:50am | Edited 10:34am
This is for you Redeflect.
"You have to be a special kind of stupid to teach kids an easy way to have unlimited money. Especially when you don't understand how the f*ck it works.(And now you know what a moron will do with the money... teach his kids to do whatever they want with it because he has no idea what discipline is)"

This seems to be the fundamental problem you have. I do understand exactly why this strategy works( not a method). Along with thinking about the markets as a business designed to rob most people, and not some entity guided simply by natural forces, there are several variables that must be considered in direction bias long and short term. Along with some of the charts I post, I actually provide the markets(all markets) underlying business model as well. It isn't simply about clicking a mouse in 1 location. The factors I consider are probably what most traders aren't thinking about when it comes time to push the button. Where are the trapped traders, where did price turn, how many times did price visit a level, how long did it stay there, how far away is the next turning point above or below, as well as the pain element. With experience and time, the analysis becomes more automatic, and these different elements can be analyzed quickly after doing it 1000's of times. The nudge I received did not give me the holy grail, but simply tied all of these elements together to form a trading style. It is again said that no method can work 100% of the time, and this is of course true. My trading style takes into account some objective and subjective interpretation before a trade is ever taken. It isn't about hit the button everytime you see 1 event, it depends on what is surrounding it at the time. The entries are always the same, because the variables surrounding that entry are in line and repeat every single day on every chart and every time frame. Some call it confluence of events, except my elements do not consider a 62% retracement in line with a pin bar and oversold oscillator valid reasons to push a button, as everyone is told to do. We just see the markets from 2 different perspectives, yours derived from squiggly lines, and mine from the reason markets exist in the first place. Trading doesn't have to be complicated, but understanding the nuances of a business designed to take your money is essential for survival. As for my children, short term trading is used to generate profit, to step them up to become investors as well. Real and long term wealth is derived from the investment side of trading, shorter term trading is just a means to an end. My entire investment portfolio has been generated by short term trading profits and continues to grow silently in the background. Trading forex provides my income and simply gives my investments time to grow....
  • #1,384
  • May 13, 2017 10:25am May 13, 2017 10:25am
Quoting dukas_trader
{quote} TE is nothing, less then nothing. it shows nothing and can never. all whats important is the overall performance of someones money (all money: real estate, shares, forex, bonds,....). you can open 10 TE, have 3 big in plus and post it, and same time has 7 in loss and all together loss. post your good te and you will be the best here, and overall are nothing. because you will never know whats all together for this person, TE can never say anything. all whats count its overall performance of all money someone has together (and not in 1 account)....
What about profit factor? TE profit factor to me shows a story. How else can one prove themselves in forex world?

I can see unrealized data showing a false positive on the net gains but how is the TE fake? If im consistently up every week trading sessions you cant fluke that. I do see high percentages on crap accounts so I half believe you.
You could still show something.
  • #1,385
  • May 13, 2017 11:04am May 13, 2017 11:04am
One more point, as a highly irresponsible parent. While my children play outside and enjoy their x box games, they are being taught to manage their investments, calculate percentage returns, follow the Dow, understand that the news in forex is designed to trap traders, track real unemployment figures, understand why 3 Goldman executives occupy key positions in Trump's administration, and to look for indicators of the next and inevitable market crash that must occur to wipe out what's left of the middle class. They will then reverse their positions, ride the Dow down to the 10-12,000 level, buy back their positions, and ride the move up again to at least the 21,000 level over the next 7- 10 years. I believe, call me crazy, that this is the greatest gift a father could give to a child, but that's just me....
  • #1,386
  • Edited 11:42am May 13, 2017 11:32am | Edited 11:42am
Quoting nealpek
This is for you Redeflect. "You have to be a special kind of stupid to teach kids an easy way to have unlimited money. Especially when you don't understand how the f*ck it works.(And now you know what a moron will do with the money... teach his kids to do whatever they want with it because he has no idea what discipline is)" This seems to be the fundamental problem you have. I do understand exactly why this strategy works( not a method). Along with thinking about the markets as a business designed to rob most people, and not some entity guided simply...
'natural market forces' and 'yours derived from squiggly lines'. By god you're dense. You're a perfect example of why shortcuts shouldn't be handed out. You don't even understand what you're trading. Those kids are doomed. The fact that you think you're giving your children a gift is what makes hearing such things obscenely disgusting. I hope that someday a little common sense whacks you in the head. Clearly none of that money did a thing to make you any less of a dumbass.
"The fun is in the hunt. Not the kill."
  • #1,387
  • May 13, 2017 11:48am May 13, 2017 11:48am
Do you want me to show you how I trade? I believe in a few posts back you mentioned talking to hedge fund guys who taught you the holy grail of spotting acc/ dist. That's quite a concept to discover. I believe you just admitted to getting some" help" with your trading. Shame on you!!!
  • #1,388
  • May 13, 2017 11:55am May 13, 2017 11:55am
Quoting nealpek
Do you want me to show you how I trade? I believe in a few posts back you mentioned talking to hedge fund guys who taught you the holy grail of spotting acc/ dist. That's quite a concept to discover. I believe you just admitted to getting some" help" with your trading. Shame on you!!!
No, I don't want you to try showing anyone how you trade because doing so is one of the most absolutely stupid things any human being is capable of doing. You have no understanding of 'cause' and 'effect'. You have nothing to teach anyone.

Also, you're referring to someone else. I've never even used the word 'hedge' in any of my posts.
"The fun is in the hunt. Not the kill."
  • #1,389
  • May 13, 2017 12:00pm May 13, 2017 12:00pm
So by the same logic, I shouldn't teach my children anything. Riding a bike, taking out the garbage, cleaning their rooms. Perhaps i shouldn't help them with their homework when they're stuck, as that would be creating a negative outcome as well. If I offer help it's because they are stupid, and will not be able to handle life if I teach them long division. Do you actually hear what you are saying?
  • #1,390
  • May 13, 2017 12:59pm May 13, 2017 12:59pm
Quoting Redeflect
{quote} No, I don't want you to try showing anyone how you trade because doing so is one of the most absolutely stupid things any human being is capable of doing. You have no understanding of 'cause' and 'effect'. You have nothing to teach anyone. Also, you're referring to someone else. I've never even used the word 'hedge' in any of my posts.
You got to be a "troll". Are you out of your mind?
  • #1,391
  • May 13, 2017 1:01pm May 13, 2017 1:01pm
Quoting nealpek
So by the same logic, I shouldn't teach my children anything. Riding a bike, taking out the garbage, cleaning their rooms. Perhaps i shouldn't help them with their homework when they're stuck, as that would be creating a negative outcome as well. If I offer help it's because they are stupid, and will not be able to handle life if I teach them long division. Do you actually hear what you are saying?
Hi Neal,

Thank you for your help, Sir. Please keep up the great work!
By the way, maybe you should have your own thread. Just an idea....
  • #1,392
  • May 13, 2017 1:43pm May 13, 2017 1:43pm
Quoting VEEFX
We, especially noobs new to Forex, have GOT to understand that EVERY forum associated with trading is funded by advertisements from Brokers, investment advisors, financial advisors, financial product sellers. They HAVE to generate traffic to earn the operating costs + profits to keep these forums available to us. Retail Brokers have to ensure retail traders FAIL Retail Brokers have to Promote strategies that FAIL Retail Brokers have to Promote strategies that churn spreads/commissions Introducing Brokers paid by brokers are 100% trolls on these...
why even trade small size if there is no strategy that work all the time ? isnt it better to quit trading altogether?
  • #1,393
  • May 13, 2017 2:29pm May 13, 2017 2:29pm
Quoting metta87
{quote} why even trade small size if there is no strategy that work all the time ? isnt it better to quit trading altogether?
This is why traders fail... and shortcuts undermine the lesson.

It's a lesson only a dumbass would try to teach their kids because it can't be taught. Trying to do so just fucks them up and dooms them like Neal's doing. He'd know that if he actually learned the lesson. But he didn't. He was given a shortcut and it undermines the entire process. He's just too dumb to know it.

God damn plebeian.
"The fun is in the hunt. Not the kill."
  • #1,394
  • Edited 2:50pm May 13, 2017 2:39pm | Edited 2:50pm
Quoting Redeflect
{quote} You must be a moron as well. If you think any decent trader is going to teach you how to make money to prove to YOU that they know how then you really don't understand how this game is played. Good luck with that Criticism only works if people care what you think. Seeing as how you don't even think... why would they care about your criticism? If you knew how to make money trading then you'd know better. It was, in fact, you that just proved you don't make money.
Teach me how to trade! I have made 2720 pips in the last 9 months and that's just 1 of my ccounts. Don't believe me, go take a look. Yes that's an 83% win rate and a profit factor you can only dream about.

The only person here that's looking like a moron is you. All you have are insults and big talk but in reality you can't show any evidence because you have none. Throwing this "I don't want to teach you how to trade" nonsense and all the rest of your teenager vocabulary is nothing more than an Xfactor audition they use to fill the gap between the ones that have talent. So take that dildo out your ego and put your money where your mouth is else you can just f.... Off
  • #1,395
  • May 13, 2017 2:41pm May 13, 2017 2:41pm
Quoting Redeflect
{quote} This is why traders fail... and shortcuts undermine the lesson. It's a lesson only a dumbass would try to teach their kids because it can't be taught. Trying to do so just fucks them up and dooms them like Neal's doing. He'd know that if he actually learned the lesson.
Hi Redeflect,

Why can't you leave Neal alone?

i love what Neal is doing here. Please note, i am not in the calling people names game. It's a free forum. You are entitled to your opinion and so do I. Please, let him be!

Regards
  • #1,396
  • Edited 2:53pm May 13, 2017 2:43pm | Edited 2:53pm
I think VEEFX has stated the market's business model. If you watched every video on youtube, of which i must have watched thousands over the years, you eventually figure out that none of them work. I still watch them today and purposely attend as many webinars by a wide range of traders who want to essentially sell you something. I watch and visit these sites not for what content they are providing but for what they are not! As i'm viewing and listening, I chuckle to myself and often simply have to turn them off after no more than 15 min. My favorite activity is the free offers to enter trading rooms. In every case, the guru comes into the room and asks the question " did you catch that trade"? Of course he's refering to the large move that already occurred! When I ask the guru to please point out the next trade before it happens, I find myself suddenly shut out of the room!! VEEFX is right. There is no secret formula, and quantum mechanics mixed with astrophysics performed by a PhD in mathematics I'm afraid will not yield the results you seek. Over my years in trading,I have managed to come across what I call seasoned traders on 2 occasions. It is a very small community made up of largely basement traders just doing their thing, hence the difficulty in being found. After "comparing notes" their was one common thread between us. Although there is more than 1 way to skin a cat, the common link we shared was our approach and thoughts about the markets were somewhat different from the crowd. The driving force behind the markets, as a business model are to entice you and trick you into putting your capital into the markets, turn around and take out your stops, which are usually in the wrong place, and charge you a commission to get in and get taken out. This is a large part of the profits of the industry. So they have profited from your bad positioning by taking your money and charging you twice to do so. When you look at the markets from this perspective, perhaps you will begin to understand why it is necessary to trade, regardless of the direction, at or near the extremes of turns in the markets relative to the timeframe you are trading, but with an eye on the higher timeframes last peak or trough. Both trades I posted only occurred on the outside edges of the swings that proceeded them. This small but significant point was the focal point of the beginning our our discussions on how we trade and what we look for. Pretend you own the market and you are creating all the moves to make money off the other participants. To maximize your revenue, you would be sneaky, try and fake people out, then scare them out of their positions, taking their money and commissions because you are a much stronger player and have the money to do so. The next time you look at a chart, think of where most traders will get creamed when price turns around, keeping in mind if price is generally going north or south. After the creaming, the market has fulfilled its business purpose, you are in a good position to enter a trade, and the market is free to continue in the same general direction it came from, to begin the process of finding the next creaming area with the greatest number of participants hoping not to get creamed.....
  • #1,397
  • May 13, 2017 2:43pm May 13, 2017 2:43pm
Quoting EcoTrader
{quote} Teach me how to trade! I have made 2720 pips in the last 9 months and that's just 1 of accounts. Don't believe me, go take a look. Yes that's an 83% win rate and a profit factor you can only dream about. The only person here that's looking like a moron is you. All you have are insults and big talk but in reality you can't show any evidence because you have none. Throwing this "I don't want to teach you how to trade" nonsense and all the rest of your teenager vocabulary is nothing more than an Xfactor audition they use to fill the gap between...
I second that!

Have a blessed day!
  • #1,398
  • May 13, 2017 3:01pm May 13, 2017 3:01pm
Quoting EcoTrader
{quote} Teach me how to trade! I have made 2720 pips in the last 9 months and that's just 1 of my ccounts. Don't believe me, go take a look. Yes that's an 83% win rate and a profit factor you can only dream about. The only person here that's looking like a moron is you. All you have are insults and big talk but in reality you can't show any evidence because you have none. Throwing this "I don't want to teach you how to trade" nonsense and all the rest of your teenager vocabulary is nothing more than an Xfactor audition they use to fill the gap between...
Yes... YOU are the one with talent and I am the one with the ego. It seems the morons truly have finally arrived at this thread.

Just in time for Neal to teach them his super special method of trading success. We can all be rich now! Woopie!!!!

We will just have to create a new method of keeping dumbasses under control.
"The fun is in the hunt. Not the kill."
  • #1,399
  • May 13, 2017 3:09pm May 13, 2017 3:09pm
Quoting Redeflect
{quote} Yes... YOU are the one with talent and I am the one with the ego. It seems the morons truly have finally arrived at this thread. Just in time for Neal to teach them his super special method of trading success. We can all be rich now! Woopie!!!!
Just go away!
  • #1,400
  • May 13, 2017 3:16pm May 13, 2017 3:16pm
Quoting ypierre
{quote} Just go away!
Not before Neal teaches us his secret method. I want a golden toilet.
"The fun is in the hunt. Not the kill."
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