Dude, Are you still trying to trade trends?

[speedo]

Time to flush the troll.

 

[Trading Education Buyer]

Time to flush the troll.

Get me banned fast .SPEEDO
Being banned is a privilege for the winners.You get separated from the losers.

 

[Trading Education Buyer]

It isn't subjective at all.. I thought the same way before too.

This post confirms , it is subjective.

 

[GloriaBrown]

Bro relax.. How about try to ask questions before complaining.. First, let me say that this is the real world.. And unfortunately, the real world we live in has something that's called a "financial system".. It's one of the hardest system to crack.. It's built that way on purpose..The people that are in control don't wont to see the average Joe succeed.. The market is controlled.. It's not a free market.. It's a complex mathematical system. I'm not going to get into this because you probably wont believe me anyway..

Now back to trading.. The reason why things seem hard to you is because you haven't put in enough time.. Price patterns are real.. If you study the chart long enough you will start to see patterns that you will not find in any book..

Why do you think I started this thread? Because I wanted to warn people like yourself not to only focus on trends.. I want people to study chop, breakouts , and consolidation.. This is how you become a great trader.. The chart you had posted earlier was easy to read.. You see, if you just only study trends, it will be hard to read that chart.. This is the messages I'm trying to give people in this thread..

If you cannot backtest your charting and have a result then you trade with feeling.

 

[Trading Education Buyer]

If you cannot backtest your charting and have a result then you trade with feeling.

manual backtests are useless , there are no real emotions in the backtest .Trading is emotion based.

 

[Mtrader]

The easiest way to trade does not require 10,000 of dues etc , it can be taught to university graduates , it can be taught within 3 months /300 hours , it is not trend trading . technical analysis , price action etc .I think outside the box,I am doing it differently but not trend trading, because I don't believe in it.

To me absolute nonsense as there would be thousand if not millions of people making money. Just 3 months of studying and you will be rich. Speaking of an illusion…...

And it doubles your money every year , whereas trend trading is 95% losers statistics from brokers.

https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=95 of traders lose money

To me again nonsense. What you will make in return depends of several factors. Some of these factors you cannot get under control. F.i. If the market moves 2 points you cannot make 10 points profit. But if the market moves 50 points you can. This cannot be altered by your trading system. So you depend of the size of the moves. All you can do is try to profit maximal of the existing situation. I have sometimes lousy weeks because the market does not move, but also several good weeks if the market makes nice moves. My weekly profit in these good weeks can go up to 100 times or more the profits of bad weeks.

The 10,000 and 300 difference raises a lot of doubts about the this trend trading holy grail or the trading gold rush with trend trading.

There is an industry that makes money from the illusion of trend holy grail , these are books sellers , course sellers , education sellers and bucket shop /brokerages.They make the money from this trend holy grail.

To me there are no doubts about trend trading. The doubt is: those who want to make money teaching trend trading, do they even know how trend trading works. This seller's knowledge is the illusion, not the trend trading. They sell something they even don'’t master themselves. But most people don’t even see that. They take everything the sellers tell for the absolute and undeniable truth.

Sellers have the following strategy: they try to convince the victim that they can offer them a very valuable something for a ridiculous low price. So they create a fairy tale. The valuable thing is almost worthless and the "low" price is very high for something that is worth nothing. They sell illussions, not the knowdledge about trend trading, as they don't even have that knowledge.

 

[Trading Education Buyer]

To me absolute nonsense as there would be thousand if not millions of people making money. Just 3 months of studying and you will be rich. Speaking of an illusion…...

I created a formula outside your box.It is imagination and wisdom and a mathemical formula.

To me again nonsense. What you will make in return depends of several factors. Some of these factors you cannot get under control. F.i. If the market moves 2 points you cannot make 10 points profit. But if the market moves 50 points you can. This cannot be altered by your trading system. So you depend of the size of the moves. All you can do is try to profit maximal of the existing situation. I have sometimes lousy weeks because the market does not move, but also every good weeks if the market makes nice moves. My weekly profit in these good weeks can go up to 100 times or more the profits of bad weeks.

My formula can sit and wait for 2 months on a positions and add to losing positions , to average down (without increasing risk, you won't know how)



To me there are no doubts about trend trading. The doubt is: those who want to make money teaching trend trading, do they even know how trend trading works. This seller's knowledge is the illusion, not the trend trading. They sell something they even don'’t master themselves. But most people don’t even see that. They take everything the sellers tell for the absolute and undeniable truth.

I can not comment on something I have no success with , but I can comment on my own formula.You have probably thought outside the box , this may well be the reason for your success.

This is a set and forget formula with calculated risk taking


looking for 250 ticks profit a week option strategy

 

[Mtrader]

Not only is it subjective , but it is also influenced by emotions and clouded with irrational thinking from the emotional brain.

Traders trade emotions :They don't trade methods

After 10,000 hours , you still have the same emotional brain , after 50,000 you will be dead.View attachment 166923

I used your chart and added comments from mathematical trading.

1. First look for a short. You should see this area in your mathematical model, and if the math is correct you will know what to do and when to do it. In the meantime, just WAIT.
2. In the bottom area look for a reverse. Which bottom you will take depends of your math. so if the math is correct you will know what to do and when to do it. In the meantime, just WAIT.
3. At the last top get out. So if the math is correct you will know what to do and when to do it. In the meantime, just WAIT.

As mathematical models are ALWAYS giving IDENTICAL results, even after repeating the
backtest a zillion times, you can make reliable stats on the outcome.

Because even mathematical models will not only have winning trades and even might get stopped out several times, you can see in your stats the probabilities of all possible events and you know where you are heading to in the long run.

So not dozen of emotional moments trying to understand what the market will do, no stress as you know what to do and when to do it: FOLLOW THE MODEL!

The only problem is to build that mathematical model. No school or university can give you a ready to use model, so you have to build it yourself. That's where the thousands of hours of working come from.

You need inspiration (very important as you should know what to do and where to start from), transpiration and a strong motivation for the continuous process of trial an error.

 

[Mtrader]

I can not comment on something I have no success with , but I can comment on my own formula.You have probably thought outside the box , this may well be the reason for your success.

I agree with you.There are many different ways.
I wrote "TO ME" because I know there are other ways then what I do. But I know that trend trading really works, at least for me.

 

[Trading Education Buyer]

I know all this trend trading .Thanks

It is not chart based at all , my formula never looks at prices /technicals or charts , we just look at futures and options prices.It is a mathematical model , based on the black scholes mathematical model.It also catches trends , using the same model.