How I trade 8 currencies and their combinations and make $$$ each week!
- Thread starter MarchFX
- Start date
The biggest biggest biggest problem is that you are trying to TEACH!
You need to spend millions of hours to LEARN before you can teach!
And when you are have make it,
you will no want to TEACH because what you know is priceless!!!!
Now go back to your drawing board and decide what you want to do with
your life.
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No, you are wrong. You are wrong @maxinger . I am trying to have a following. At the same time, I am building a track record. The reason I shared that alert was because I want my channel to remain active, and to accomplish my first objective at the same time, of attracting the attention of someone.
My second goal is to sell signals in the next two years. I was already doing so but I realized that some leading signal providers on MQL5 has started to copy and broadcast my signal to other traders and since I only offer about three signals per month (very few signals), it would be abit difficult to trade better than them.
I think your approach and attitude is not a good one. Since it seems like you are already an established trader, I think you can improve on something by learning my strategy.
Whatever you have done, I did it years ago.
So I know what you are doing.
Learn to post things of value. If not, don't bother to post.
All the best to you mister!
For instance, I have been sharing some signals and @expiated takes time to confirm whether there is an opportunity to buy. At times, he says yes, that is a good opportunity, at other times, he says no, there is no opportunity.
My point to you @maxinger is that if you follow anyone like a fool, you will have trouble and then all you will do is complain and have more trouble discouraging others. Even when you have seen their track record, you have to be careful to manage the risk and drawdown accordingly.
Take time to verify what I post, sometimes I just post because it is a new day and I need to notify someone that there is a opportunity. However, it seems not to go in line with my price action strategy. That was the case today. But As I said before, When I see a nice opportunity, I usually say so, the last such trade as chfjpy some days ago.
My point to you @maxinger is that if you follow anyone like a fool, you will have trouble and then all you will do is complain and have more trouble discouraging others. Even when you have seen their track record, you have to be careful to manage the risk and drawdown accordingly.
Take time to verify what I post, sometimes I just post because it is a new day and I need to notify someone that there is a opportunity. However, it seems not to go in line with my price action strategy. That was the case today. But As I said before, When I see a nice opportunity, I usually say so, the last such trade as chfjpy some days ago.
I am having trouble here with people that follow me blinding. I want to state here clearly that I am not an experienced trader. However, I have a strategy that generates at least 3 nice opportunities each month. When I see such opportunity, I normally state that I am buying.... at.... stop loss at...
Also if you are following me, do your analysis too and say "yes" or "no" to a signal based on your analysis. If you want to learn my strategy, please do inbox me and I will share the strategy with you.
@expiated I am learning a lot from you. Thanks for being here. I hope you teach me your strategy soon. I just like it. If we can combine your strategy and mine, I think that would be perfect. What do you think, @expiated?
@maxinger Have your own strategy. My only part should be to bring to your attention some promising trades and then you can quickly confirm and accept or reject my idea. I know and understand the point you are trying to make. But also I have a point. Do not follow the ass of any trader blindly.
I was attracted to this thread partly because it said you make $$$ each week. You also typed that you have several good strategies, and that you would use your sharing of signals as an opportunity to interact with members who trade currencies in the foreign exchange market.
So then, since I trade currencies in the foreign exchange market, and given that I find trading JUST to make money kind of boring, the interaction aspect you mentioned was the second thing that interested me.
For example, I don't trade CHFJPY, so when you mentioned it, it was kind of fun for me to take a look at it, consider your analysis, and then compare your interpretation with my own—especially since it led me to execute a couple of trades that netted me a pocketful of change, trades that would otherwise have been completely off my radar screen. My hope is that the benefit of such interactions is a two-way street. But, that’s about as far as it goes for me.
The reason I'm happy to share my impressions, but not to share my system, has to do with something maxinger typed above—that once one acquires what it took years to attain, what that individual knows becomes priceless. If true, then rather than ask others to pay me hundreds or even thousands of dollars for access to that information, I should be able to take what I know, go off on my own, and generate however much money I want for myself.
Accordingly, I'm presently at day 21 of a 220-day quest (to end on December 10, 2021) to parlay what I've learned into a tangible and not so insignificant sum of money by the end of this year. But even so, revealing my system on a public forum for free would, in my eyes, be to fail to recognize its value in a most egregious manner. And as for combining strategies, I’m sort of in the same camp as Al Brooks…
"Occasionally traders will tell me that they have a great setup and want to discuss it with me. I invariably…tell them that I am not interested. They immediately perceive me as… close-minded… Why do I no longer read books or articles about trading, or talk to other traders about their ideas? …I am confident that I will make far more money perfecting what I already know than trying to incorporate [other] approaches into my trading.
"…If James Galway offered a beautiful flute to Yo-Yo Ma and insisted that Ma start learning to play the flute because Galway makes so much money by playing his flute, should Ma accept the offer? Clearly not. Ma should continue to play the cello and by doing so he will make far more money than if he also started playing the flute. …[My system] is the only instrument that I want to play, and I strongly believe that I will make far more money by mastering it than by incorporating ideas from other successful traders."
But even though combining strategies is completely out of the question, I'm happy to continue sharing ideas about various currency pairs and/or trade opportunities, if you're still open to it!!!
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I love this part where you talk about "sharing ideas about various currency pairs and/or trade opportunities". from what you have said and what @maxinger mentioned above, it would be better if we shared an idea that can yield some cash, rather than pointing out set ups and candle patterns that cannot be traded. In that case, I will be making very few posts here each month. I am open to sharing the best opportunities I get from the market.