Please, Help Me Stop Making Profit...

May 10, 2015 at 08:03
1,213 Angesehen
19 Replies
bansostra
forex_trader_248091
Mitglied seit May 08, 2015   197 Posts
May 10, 2015 at 08:03
Just Joking....

sorry, just want to express my feeling tired watching many threads discuss about trading analysis comes to nowhere

i eat books of forex a lot for five years come to realize that i'm not an analyst, testing many strategies wasting much money still comes for nothing, i just know than i'm not an analyst (it's only me - i don't talk about anyone did the same)

finally i decided to quit mastering analysis and start to sharpening skill for trading

let's analyst do their job for making analysis no matter if they are a trader or not, and let the trader do focus for the job making profit picking up some good analysis from good analyst that seem work for daily trading activity, save time for trading activity that's the idea, believe me it works 😄

now, my life much happier as a trader than before, trading should be fun not stressful


Mitglied seit Nov 10, 2014   2 Posts
May 11, 2015 at 06:17
i am already on the same track but not yet profitable :)
bansostra
forex_trader_248091
Mitglied seit May 08, 2015   197 Posts
May 11, 2015 at 10:08
naveed505 posted:
i am already on the same track but not yet profitable :)

keep your spirit up bro...
Mitglied seit Dec 20, 2009   7 Posts
May 11, 2015 at 23:34
I have come to the conclusion after 14 years of 'trading':
Real trading is Fundamental trading
Indicators FOLLOW the market, so they have already missed the golden time
When an analysis is in in perfect mode of trading, a 'bad' news comes, and topples everything up

Sooooooooooo
Money management is the key........
Have a good money management, and ask your youngest son to press green or red... you will win

(Warning) your son should not be old enough to read BUY or SELL, just the colors
Mitglied seit Dec 20, 2009   7 Posts
May 11, 2015 at 23:39
I have got a got special martingale money management strategy, I call it SENSIBLE MARTINGALE, that needs a system / Expert advisor.

The money management is:
If on losing trades, the next trade size is ‘added’ (aggressive mode = 0.01 - 0.02 - 0.03) rather than multiplied, it can sustain up to 20 consecutive losses. But it can even sustain up to 50 losses if it is bit conservative.

It should have a system / expert advisor with following characteristics.
It should:
have only one trade open at a time
have TP 10 times more than SL (e.g. SL 10 pips with TP 100 pips)
have minimum number of consecutive losing trades: set of 10 losing trades is ideal (Every trades from 1 till 10 lost with 10 pips each, and Trade 11 won with 100 pips), 20 is good, 30 is acceptable, 40 is limit. After each set, only 1 profit trade is fine
trade as frequently as possible.
I don’t know if any EA with those characteristics exists or not. If there is any, I request to share with me.
bansostra
forex_trader_248091
Mitglied seit May 08, 2015   197 Posts
May 12, 2015 at 08:58
doctornasir posted:
I have got a got special martingale money management strategy, I call it SENSIBLE MARTINGALE, that needs a system / Expert advisor.

The money management is:
If on losing trades, the next trade size is ‘added’ (aggressive mode = 0.01 - 0.02 - 0.03) rather than multiplied, it can sustain up to 20 consecutive losses. But it can even sustain up to 50 losses if it is bit conservative.

It should have a system / expert advisor with following characteristics.
It should:
have only one trade open at a time
have TP 10 times more than SL (e.g. SL 10 pips with TP 100 pips)
have minimum number of consecutive losing trades: set of 10 losing trades is ideal (Every trades from 1 till 10 lost with 10 pips each, and Trade 11 won with 100 pips), 20 is good, 30 is acceptable, 40 is limit. After each set, only 1 profit trade is fine
trade as frequently as possible.
I don’t know if any EA with those characteristics exists or not. If there is any, I request to share with me.

i'm sorry brother, money management is true help trader make profit but using martingale strategy with characteristic like that will only make an account burnt, find the logic, you will realize this EA will gain more losses rather than win😞
Mitglied seit Dec 12, 2014   110 Posts
May 13, 2015 at 10:24
bansostra posted:
Just Joking....

sorry, just want to express my feeling tired watching many threads discuss about trading analysis comes to nowhere

i eat books of forex a lot for five years come to realize that i'm not an analyst, testing many strategies wasting much money still comes for nothing, i just know than i'm not an analyst (it's only me - i don't talk about anyone did the same)

finally i decided to quit mastering analysis and start to sharpening skill for trading

let's analyst do their job for making analysis no matter if they are a trader or not, and let the trader do focus for the job making profit picking up some good analysis from good analyst that seem work for daily trading activity, save time for trading activity that's the idea, believe me it works 😄

now, my life much happier as a trader than before, trading should be fun not stressful




Problem with analysis technical/fundamental is that you are analysing chaotic market. No matter how good you get its still mostly game of chance.

By sharpening your trading skills you will be choosing a better road.

Regards
Get investors and get paid 15 percent of theyr profits. More on my website.
RedRhinoLab
forex_trader_165856
Mitglied seit Dec 03, 2013   631 Posts
May 13, 2015 at 12:43 (bearbeitet May 13, 2015 at 12:43)
doctornasir posted:
I have got a got special martingale money management strategy, I call it SENSIBLE MARTINGALE, that needs a system / Expert advisor.

The money management is:
If on losing trades, the next trade size is ‘added’ (aggressive mode = 0.01 - 0.02 - 0.03) rather than multiplied, it can sustain up to 20 consecutive losses. But it can even sustain up to 50 losses if it is bit conservative.

It should have a system / expert advisor with following characteristics.
It should:
have only one trade open at a time
have TP 10 times more than SL (e.g. SL 10 pips with TP 100 pips)
have minimum number of consecutive losing trades: set of 10 losing trades is ideal (Every trades from 1 till 10 lost with 10 pips each, and Trade 11 won with 100 pips), 20 is good, 30 is acceptable, 40 is limit. After each set, only 1 profit trade is fine
trade as frequently as possible.
I don’t know if any EA with those characteristics exists or not. If there is any, I request to share with me.

Yes I built very similar to your model that could sustain many losses in row then on winning trade it would sky rocket the gains.

https://www.myfxbook.com/members/RedRhino/ats-2-discuss-httpredrhinofxcomalgoendura/765389

I built that after building a simpler system ats1 that was pure martingale that double down after loss and it did well for over a year

https://www.myfxbook.com/members/RedRhino/martingale-1-year-b4-crash/688728

The strategy is actually very important and you must filter, filter filter to find a pattern that repeats itself regularly. PM if you want more details and open trade history. I haven't looked at these system for over a year but still have the code in archive.
RedRhinoLab
forex_trader_165856
Mitglied seit Dec 03, 2013   631 Posts
May 13, 2015 at 12:49
mavericks posted:

Problem with analysis technical/fundamental is that you are analysing chaotic market. No matter how good you get its still mostly game of chance.

By sharpening your trading skills you will be choosing a better road.

Regards

What skills are required to trade manually? What practice should we exercise and if it really worked , why can't we automate the same process? Many traders say that 'trade the fundamentals' but what are fundamentals besides deviations in the economical news releases? Can't that be automated as well and haven't we seen news trading in that style many years ago before liquidity turned dry and before mt4 brokers wided spreads to prevent news trading?

Thank you in advance for detailed reply!
Mitglied seit Aug 21, 2010   171 Posts
May 14, 2015 at 04:44
Learn from mistakes.

after that you earn
Plan your trades and trade your plans.
Mitglied seit Dec 12, 2014   110 Posts
May 14, 2015 at 06:31
RedRhinoLab posted:
mavericks posted:

Problem with analysis technical/fundamental is that you are analysing chaotic market. No matter how good you get its still mostly game of chance.

By sharpening your trading skills you will be choosing a better road.

Regards

What skills are required to trade manually? What practice should we exercise and if it really worked , why can't we automate the same process? Many traders say that 'trade the fundamentals' but what are fundamentals besides deviations in the economical news releases? Can't that be automated as well and haven't we seen news trading in that style many years ago before liquidity turned dry and before mt4 brokers wided spreads to prevent news trading?

Thank you in advance for detailed reply!

That is a complex question.

After translating 10 + books and hundrets of articles on various webpages I came to conclussion, that those who write those information cant really make any money (those were authors considered universally the top) so my question is ? is it even possible to perform long term reliable analysis of chaos ? Some people claim that they are able to do it , but I havent seen anyone beeing able to prove it by track record.

By sharpening your trading skill I mean.

Imagine a wheat farmer that has spend last 50 years growing and trading wheat on the local market and with other farmers. He doesnt need some stupid EA or technical analysis to know when the price is relativelly good (to buy more) or it is overpriced (to sell) and you can be more than sure that he is making money in a long run.

Try to make forex your wheat, if you know what I mean.
Get investors and get paid 15 percent of theyr profits. More on my website.
RedRhinoLab
forex_trader_165856
Mitglied seit Dec 03, 2013   631 Posts
May 15, 2015 at 13:12
intuition is what you are saying. Well maybe to digest the financial market ( one in particular) so you know everything about it from a technical perspective to a fundamental one including news events, economical weaknesses and strengths. etc.

 I've also read many trading books and came to the thorough understanding that all traders do the same type of analysis which later are turned into indicators and market theories.
RedRhinoLab
forex_trader_165856
Mitglied seit Dec 03, 2013   631 Posts
May 15, 2015 at 13:12
bansostra posted:

sorry, just want to express my feeling tired watching many threads discuss about trading analysis comes to nowhere

i eat books of forex a lot for five years come to realize that i'm not an analyst


What can we learn from you? What type of patterns do you focus on? From analyzing your trading history you look S/R levels in intra day price action.
Mitglied seit May 14, 2015   55 Posts
May 17, 2015 at 06:46
RedRhinoLab posted:
bansostra posted:

sorry, just want to express my feeling tired watching many threads discuss about trading analysis comes to nowhere

i eat books of forex a lot for five years come to realize that i'm not an analyst


What can we learn from you? What type of patterns do you focus on? From analyzing your trading history you look S/R levels in intra day price action.

yes, i agree with you, seem like intraday price action, but how it come to be done manually??
be wealth
Mitglied seit May 23, 2011   49 Posts
May 24, 2015 at 20:46
We have a rock solid method to multiply any investment guaranteed, without risk in a short period of time,
looking for people who would be interested to invest!
Pm for more info!
Mitglied seit May 04, 2012   1608 Posts
May 25, 2015 at 02:00
HighYield posted:
We have a rock solid method to multiply any investment guaranteed, without risk in a short period of time,
looking for people who would be interested to invest!
Pm for more info!

First you should show some verified REAL account results, then we can talk...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Mitglied seit Jan 01, 2015   258 Posts
May 25, 2015 at 20:31
FxMasterGuru,
Let me know what is the idea, I would be interested.
Succeed in Forex trading
Mitglied seit May 04, 2012   1608 Posts
May 26, 2015 at 02:07
ZKFXtrader posted:
FxMasterGuru,
Let me know what is the idea, I would be interested.

Sorry Ziya, I don't understand your request for idea...

My previous message was for HighYield, who stated that he had a 'rock solid method to multiply any investment guaranteed, without risk in a short period of time'...

Such claims without solid proof (i.e. a verified REAL account running at a reputable broker) have no weight.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Mitglied seit May 04, 2015   61 Posts
May 28, 2015 at 11:47
FxMasterGuru posted:
ZKFXtrader posted:
FxMasterGuru,
Let me know what is the idea, I would be interested.

Sorry Ziya, I don't understand your request for idea...

My previous message was for HighYield, who stated that he had a 'rock solid method to multiply any investment guaranteed, without risk in a short period of time'...

Such claims without solid proof (i.e. a verified REAL account running at a reputable broker) have no weight.



yes i agree with you masterguru 😁
voted+1 😎
Freeman463
forex_trader_227069
Mitglied seit Jan 17, 2015   8 Posts
May 30, 2015 at 08:42
Well greetings to everyone watching all the post 's all just blah blah
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