It has hit me like a TON of bricks!!!!

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xtremeforex
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Postby xtremeforex » Thu Nov 11, 2010 7:32 pm

My life has changed.

Family and friends are suspicious about my change in lifestyle.

Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.

You don't need indicators, you just need a good risk management strategy THAT IS IT.
Last edited by xtremeforex on Mon Jan 07, 2013 8:06 am, edited 1 time in total.

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xtremeforex
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Postby xtremeforex » Thu Nov 11, 2010 7:39 pm

By the way, my favourite TRO tools are

a) Multi Meter Candle Colour
b) HERD Mentality
c) UP DOWN
d) Spread Alert
e) Bias EZ

Although, these indicators do not affect nor are they implemented in my strategy. I find the information they provide gives me a good holistic understanding of the current market situation in an organized way.

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MightyOne
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Postby MightyOne » Thu Nov 11, 2010 7:42 pm

xtremeforex wrote:My life has changed.

I just bought a new BMW with my trading profit, something I've always wanted.

Family and friends are suspicious about my change in lifestyle.

Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.

You don't need indicators, you just need a good risk management strategy THAT IS IT.


Real men drive trucks (no wink face) :lol:

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ajaymein
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Postby ajaymein » Thu Nov 11, 2010 9:31 pm

xtremeforex wrote:My life has changed.

I just bought a new BMW with my trading profit, something I've always wanted.

Family and friends are suspicious about my change in lifestyle.

Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.

You don't need indicators, you just need a good risk management strategy THAT IS IT.


I like how you told everyone you finally saw the "light" and then bounced :lol:

Congrats man on your new found success!

ZEN
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Postby ZEN » Fri Nov 12, 2010 7:54 am

xtremeforex wrote:My life has changed.

I just bought a new BMW with my trading profit, something I've always wanted.

Family and friends are suspicious about my change in lifestyle.

Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.

You don't need indicators, you just need a good risk management strategy THAT IS IT.


Congratulations!!!! Keep up the good work. Good luck and best regards!!!
Today it's better!

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adaseb
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Postby adaseb » Fri Nov 12, 2010 4:27 pm

xtremefoxex is more proof that noobs should quit posting too much on forums and concentrate more on watching the market.

proof is his postcount

xtremeforex
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Postby xtremeforex » Sat Nov 13, 2010 11:31 am

Thanks guys

Yeah adaseb you're exactly right. Screen time is the most important.

I've realized that you can NOT devise a strategy that is based upon predicting the future. This basically means, FORGET candle formations, forget anything that attempts to tell you the future. Don't even try it will never work, any literature in forex that suggests you can figure out which way the market will go will ultimately be a losing strategy.

The focus on strategy development should be ENTIRELY risk management, automation, building margin and developing a strategy that allows you to go LONG in a BEAR market and SHORT in a BULL market. Yes, you read that correctly. Automation being very important in this regard. If you're able to profit by taking an opposite direction to the trend then you got a SOLID winner, because imagine when you go in the SAME direction...

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Naynay
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Postby Naynay » Sat Nov 20, 2010 8:32 am

I'm new here, but it's always very encouraging to hear from people who actually are successful, rather than fakers and scammers.

I'd heard about TRO for a while, but never looked at his material in depth (there seems so much of it now that I am looking!)... but other threads on FF regarding "naked" no indicator trading and fib trading have always entranced me, but no-one ever provided much of a system. Is there any particular thread I should start on now that I am here?

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TheRumpledOne
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Postby TheRumpledOne » Sun Nov 21, 2010 7:01 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Naynay
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Postby Naynay » Mon Nov 22, 2010 7:55 am

I assume that's the penultimate guide to trading. ;)

I've pulled out the indicators and I'm getting the gist of how to do this. I am quite preferential to the 3 semaphore indicator too.

Made 4 demo trades so far, all winners ranging from 1-7 pips profit, being a red rat and trading counter trend on an upswing. Completely mad this is, going against everything I have ever learnt about FX.... but if it builds margin, who cares? I even left a lot of pips on the table from a downswing.

I can see that eventually that trading like this will eventually build up margin. I just worry that I won't have the time to do it. Fairly time intensive watching the charts. Can't quit my day job yet.

...but I understand why the rat always goes left. In fact, I know for a fact that if you are ever stuck in a maze, as long as you always follow the left-hand wall, you will always reach the exit.

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