Where do I start from?

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athan00
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Where do I start from?

Postby athan00 » Sun Nov 07, 2010 9:24 am

Hi all,

I just finished reading the "Trading in the Zone" and the "Why You Loose At Trading" ebooks.
So I d like to try the RumbledOne way of trading, although it conflicts with what I already know (I m already trying to find my way out in this forex jungle the last 3 years! Many ebooks/web seminars/web rooms etc. I ve spend a lot of $$$$!)
But there are so many threads and indicators around so i m not sure from where I should start reading first and what to use.

Any help?

Thanks
Athan

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adaseb
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Postby adaseb » Sun Nov 07, 2010 12:18 pm

Read my reply at http://kreslik.com/forums/viewtopic.php?p=48168#48168


But you are most likely going not to like what you read.

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tmanbone
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Postby tmanbone » Sun Nov 07, 2010 2:16 pm

Study this page well. Follow TRO in the Drain the Banks Like a Rat thread. HTH

http://kreslik.com/forums/statistics.php
"The simplicity of the markets is it's greatest disguise"

T

athan00
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Postby athan00 » Sun Nov 07, 2010 5:27 pm

Thanks both for your answers.

Adaseb you were right, I didn't like what I read but I totally agree that a trader needs to watch the market live. From your side do you just mean watching the market any timeframe/tickframe or even switching between timeframes/tickframes? I mean the point is just to spend time in front of the screen watching the market and get used to it?

I tried to do that in the past. I ll be honest, it is really boring especially if you stick with just one pair. But if you say it works I ll try to do it for a month or so.

How much time should I spend per day just watching the markets?

I know these questions sounds like newbie questions, I m not one. I m used to answer to newbies all the time. But after 3 years restling with trading my mind is so confused and overloaded with so many garbage I ve learned so far that I really don't know what to do.

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TygerKrane
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Postby TygerKrane » Sun Nov 07, 2010 5:36 pm

Interesting, I've not ever seen THAT page before.

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Jalarupa
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Postby Jalarupa » Sun Nov 07, 2010 6:10 pm

i'd start with Never lose again... Then the rest... but thats me... ;-)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

athan00
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Postby athan00 » Sun Nov 07, 2010 6:17 pm

Well I already started the "DRAIN THE BANKS - LIKE A RAT" as tmanbone suggested above. And as far as I can see it s going to take me weeks till I finish it!
The "Never Loose again" is even larger! Whats the difference between these two threads?
Should I read both of them before start testing the TRO method and indicators? I mean, ok, they are really huge!
Ok I will if I need to!

athan00
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Postby athan00 » Sun Nov 07, 2010 6:19 pm

And do you mean the "Never Loose Again" that was started in the babypips or the one that was continued here?

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tmanbone
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Postby tmanbone » Sun Nov 07, 2010 6:38 pm

TRO's Drain the Banks method evolved from the Buy Zone method. Check out his interview here.

http://www.traderinterviews.com/wimpy_m ... on-TROFree

I would have to agree with adaseb too. You can only learn so much from reading, then you have to jump in, journal, and start eliminating mistakes. I agee with Jal also the NLA thread, I know it's long, has been read by most of the long timers here.
Last edited by tmanbone on Sun Nov 07, 2010 6:47 pm, edited 2 times in total.
"The simplicity of the markets is it's greatest disguise"



T

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Jalarupa
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Postby Jalarupa » Sun Nov 07, 2010 6:39 pm

Yes The baby pips version... and then the Kreslik version... The NLA is forms the basis for everything discussed here including rat trading DTB and Zline and MOMO trading... The rest will fall into place once you read NLA...

If you wanna learn TRO specific the DTB is the answer... but you'll do well to do NLA to keep up with the Kreslik jargon... IMO
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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