Never Lose Again

[TheRumpledOne]

[TheRumpledOne]

[pipfx2024]

Hello Mr. TRO and fellow traders!

I hope this message finds you well . I have just started looking into Forex and came a cross your videos on YouTube. I have just started reading the Never Lose Again thread (going over the zip file content you saved from baby pips... I have a long way to go). I'm wondering if you could point me in the right direction. For someone that is just starting, what posts/threads can I read, videos I can watch? What "tools" should I get (your indicators)? You have tons of content and tools as well.

I have just started a demo account and I'm getting familiar with the MT4. My plan is to demo for a few months before I open a real account.

Any advice will be really appreciate it!
Thanks

PipFx2024

[TheRumpledOne]

Start with any HORIZONTAL LINE trade.

Pick ONE pair to trade for the next year.

After a week or so, you should have learned all of the buttons on your trading platform.

THEN OPEN A REAL MONEY ACCOUNT. Start trading 0.01 lots. A dime a pip. Learn to make 5 to 10 pips a day AND QUIT for the day!!

Then as you are successful, move to 0.02 lots and so on.

KEEP IT SIMPLE!

May all your deals be accepted.

[SurprisedMoose]

Start with any HORIZONTAL LINE trade.

Sounds like great advice, TRO. There are many horizontal line methods available. (buy zone, daily wick, Walmal, etc.)

If you were starting over and were only going to practice one kick 10,000 times. Which kick would you practice?

[TheRumpledOne]

Start with any HORIZONTAL LINE trade.

Sounds like great advice, TRO. There are many horizontal line methods available. (buy zone, daily wick, Walmal, etc.)

If you were starting over and were only going to practice one kick 10,000 times. Which kick would you practice?

Wick Zone for Forex.

Buy Zone for Equities.

[SurprisedMoose]

Wick Zone for Forex.

Buy Zone for Equities.

I've been pondering this for the past few months and have been learning all I can from the methods as presented in the forums. I have a couple of follow up questions if you don't mind.

1) In the buy zone thread, the method was used extensively with both equities and forex pairs. Why do you prefer it for equities more so than forex?

and

2) When you start your trading session, do you choose a specific method to use, or do you take whichever opportunity presents itself? (like Buy Zone, Rat Reversal, Wick Zone, etc.)

[TheRumpledOne]

Fractal_radar_TRO_MODIFIED_VERSION

TRO_001.png (58.06 KiB) Viewed 5 times

Updated an oldie but goodie. Instead of using number of bars as input, it uses days. So you can look at the last N days worth of data.

Notice in the chart, price didn't close above 1.3540 on M30 or higher the past 4 days.

Indicator and manual attached.

Please don't post this code on other forums.

[TheRumpledOne]

The SweetSpots Gold indicator plots the horizontal lines.

SweetSpotsGOLD_TRO_MODIFIED_VERSION

TRO_002.png (74.98 KiB) Viewed 1 time

Updated. Button turns lines on/off.