Dislikedok nice pic of how you use to trade, tell us how you trade now ? some examples please. Best regardsIgnored
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rags to more rags.. and even more rags! 19 replies
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Dislikedok nice pic of how you use to trade, tell us how you trade now ? some examples please. Best regardsIgnored
Disliked{quote} Absorbing currency risk while capturing long-term interest rate differentials. Here's a chart.{image}
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Disliked{quote} Ok dont say so mutch, i think i stay with indicators. Best regardsIgnored
Disliked200 MA is my limit in indicators (used I think as a general reference by much money). Find a TL that matches the MA slope (any tf) and you can potentially have a good swing BO trade... (not my only formula, I also use harmonics/order flow a lot +...)Ignored
DislikedHi, So what's the conclusion to this method of money management?Ignored
Disliked{quote} If you don't have a solid consistent 1:2 RR trading method, this MM isn't for you. That was the deal since the very first page ...Ignored
DislikedHi, So what's the conclusion to this method of money management?Ignored
Disliked{quote} My own personal view is that 9 net trades is too many before a retreat back to -1 net trade. Perhaps in a confident trending market it could be done. A lower number of net trades can be achieved (imo 6 is a high number but do-able). With the same theory and using a withdrawal system with "X" amount of net trades it could potentially be very profitable (as per my previously mentioned thread). Just my opinion at my current skill level but someone with greater skills could probably achieve.Ignored
Disliked{quote} There's nothing inherently wrong with using indicators. I don't use them myself anymore but that chart... C'mon man, that's ridiculous, lol. The point I was trying to drive home is that when it comes to indicators, most of the time, the basic stuff that comes with just about every platform is more than enough to trade with. If you get in the rut of using a dozen indicators at a time, it will eventually stop working for you. Then you'll start learning to code. You'll move on to fishing through threads here and on other forums desperately...Ignored
Disliked{quote} IMHO indicators tell you what happened. But will never tell you what is gona happen. But honestly I love most frequently used indicators (RSI, MA...etc). Many retail traders use them and lose their money. BIG BOYS (Smart money) know that and hunt SL below/above MA...etc . I do my best to go with BIG BOYS.
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Disliked{quote} Hi, yep, the thing about this system is that with proper risk management, it can linearize the risk of ruin, and that is the first post of this thread illustrated, but the problem is the fact that you need a robust r&r and u cannot have runs of losses, so I was pointing out that, in my previous post, the strategy and tactics to enhance the r&r and using a more conservative risk exposure can bring out the true potential of this money management strategy. So, the trading method becomes most critical in this case, where you are trying for a...Ignored
Disliked{quote} Oh I forgot I also use Fibonacci (obviously with harmonics). Imo I think it should belong in every traders playbook. Not necessarily to directly trade with but at least as a reference to know where the current lt/st trend potentially stands (top, bottom, mid, continuation, swing). Here is a potential 200ma setup that I previously mentioned. With Draghi and Yellen later on however, I wouldn't try to get too settled in any directional trades at this time of day(night?). {image}Ignored
Disliked{quote} It's probably true there are better MM systems around but imo the whole idea of the thread is to show the potential power of leveraged trades. All it could take (for me) is a month or two of certainty when the markets know where they are going and how they're getting there aside from the crap this year; of the Fed umming and arring about rates and earlier whether a Grexit was coming. Confidence is rare but when it happens it's a thrill to trade and it makes up for much of the bs in between.Ignored
Disliked{quote} Well, u missed one point though, pyramiding is a technique to manage a trade, which means what I'm saying is, we pyramid properly to get the positive side of leveraged trades and while not being exposed to the negative side effects of leverage, imagine what pyramiding can help u do in a 500x leverage broker, in a trendy environment, u can keep the risk constant while employing more and more leverage and higher position size, because as you pyramid, your net position size lags behind the market's price, u don't even need to put a cap on a...Ignored