My See Ya *censored - swear word* Later Thread

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es/pip
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My See Ya *censored - swear word* Later Thread

Postby es/pip » Sat Feb 16, 2013 3:00 am

1. The first post i am going to make is going to be a copy of a pm that i responded to. This post will be the basis of this entire thread.

2. Procharged mopar or whatever the *censored - swear word* you name is is not allowed to post in this thread.

3. If Pro posts in this thread or sends me a PM regarding it then i will immediately just stop posting and leave here.

4. Kreslik, Tro............ I would like you to add two functions to this site. Now, i matter nothing to either of you, so my requests are meaningless, regardless........
a. Add a function to this site, that allows the thread starter to block certain people from viewing the thread that they started.
b. Add an ignore function to the site.


Everyone ( except pro) ready............................?
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Postby es/pip » Sat Feb 16, 2013 3:01 am

Emotions...............

Emotions are trading, in an overall sense.

I have been doing this for a long time and i can honestly say that talent accounts for around 3-5% of trading success and the remainder is emotional and mental based.

I also find my analysis of traders overall to be accurate. I would say that 95% of traders are net losers, and there is around a 5ish% positive number of traders out there.

The "industry" reports this is around 90/10 %. I do not feel that is accurate.

In my theory, you have 5% that are positive. Out of that 5% you have a very small amount of the 5% that actually make enough money to be considered *censored - swear word* functional traders, that make enough money that actually *censored - swear word* matters in a general sense.

So now you take my previous % analysis and it would be roughly around 2% of all traders that trade make enough money to actual be and call them-self a trader, from a professional standpoint.



i have personally tried to teach people ( that i know) how to to trade, and they are not disciplined enough to follow my instructions, and therefore are not currently trading anymore.

I had one friend who is fairly loaded ( from a general sense), and watched him blow 100k ( in two weeks) for no reason at all. This all happened under my direct contact and trading advice. I almost just drove over to his house and slapped him. I told him to come to my house and trade next to me. Then, whenever he did something stupid i would just slap the *censored - swear word* out of him. He laughed and said that he can do this s**t and he gets it.............. didn't end well.

It seems so complicated but it is very simple. People cannot follow these instructions because greed gets in the way and they size up too much too soon, and then they blow out due to the emotional influence of the increased size and monetary loss.

It is actually very simple but it is hard to do.

1. Trade at a level that has no ( when i say no, i mean ZERO) emotional influence from a $$$$$ standpoint.

a. Forex is great here.
b. A person can trade at 1 cent per pip starting out.
c. You can increase in small increments( unlike futures), this allows a way to progress size that you cannot do in other markets.
d. ANYONE ( no matter how much money they have) should start with Forex and build the emotional foundation.



2. Increase size based on success.

3. If increased size causes ANY additional emotions, then back the size back down to a level that emotions go away.

4. have success again.

5. Increase size again............. If any emotions make you make decisions that you would not normally make then back the size back down again.

6. This is a process. It is an emotional thing. You must train yourself to have no emotions based on $$$$$$$$$$$$

7. The only way to do this is to make gradual steps up in size. When you gradually step up and get to a level that causes you more emotions then you MUST IMMEDIATELY back the size off to a level that eliminates the emotions. For some reason people do not understand this.
a. Since trading is 95%+ emotional you have to be able to control the emotional aspect of it. The only way to do this is to acknowledge when you have gone to a size level that causes more emotions.
b. When this level is reached, you back off at that exact moment.
c. reduce to a size that has no emotional influence on decisions. Make a base from this emotional point and then increase again.
d. Repeat
e. Repeat
f. Repeat
g. Repeat
h. Repeat
i. *censored - swear word* etc etc
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Sat Feb 16, 2013 3:13 am

I use volume in my trading.

I always have and i always will.

Some people will say that volume in forex is not valid because it is not actual volume and is tick based.
a. This is accurate in a general aspect from a total view in general.
b. these people are incorrect and volume analysis ( tick based or not) is accurate in forex.
c. I am right on most everything, and i am correct on this assessment as far as forex and "volume goes"
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Postby es/pip » Sat Feb 16, 2013 3:18 am

I have never really gone here before because it is somewhat of part of my "edge" if you want to call it that.


But after PERSONALLY trying to teach people that are my PERSONAL friends how to trade. Telling them everything, on skype everyday for 12 hrs and then seeing them lose their ass everyday repeatedly i have come to the conclusion that my " little edges and secrets" dont really *censored - swear word* matter at all.

and that..........

These litttle "bits and pieces", may help ( somewhat) to bring a few things together for some other people that are struggling.
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Sat Feb 16, 2013 3:23 am

I was going to originally just make a lst post and be done with this forum.

I was going to state some medical s**t.

I was going to thank Mo.

ETC ETC

But after going back and forth with Pro, and seeing where he is still stuck at, it made me aware that if i had the ultimate holy grail of trading and gave it to everyone that they would not be able to use it.

PRO-------- you *censored - swear word* make one post in this god damn thread and i am gone. And i god damn know that the s**t that i say in this thread is going to help you be a better *censored - swear word* trader and that makes me want to just piss all over myself...........................

Do not post here

Do not send me any PMs
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Postby es/pip » Sat Feb 16, 2013 3:32 am

Medical stuff---------

1. There is not one *censored - swear word* person on this entire *censored - swear word* planet that could have gone through what i have gone through ( still going through) that would not have shot them-self 12 months ago. It is unimaginable, unthinkable and just not even feasible.

I do not have kids................

If i had a daughter and she was 10 years old. Then she was kidnapped and raped every day for 20 years. Then she was returned to me. Then i had a choice of killing the *censored - swear word* that did that to her or making him go through what i have gone through over the last 2+ years.

I would give him what i have without a second thought, and i would have no issue killing someone in the situation that i described above.


I do not want any ohhhhhhhhhhh sorry you dont feeel good ....... hope u get bettter.......... my prayers are with you

etc etc

i do not want or need any of that s**t from anyone.

This thread is not going to be about my mecical issues, it is going to be about trading, emotions and using volume.


So i will start it tomorrow with some stuff.

Would rather not anyone reply or say anything at all until i get started with it all.
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Sun Feb 17, 2013 2:29 am

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Bend over and assume the position for another 4 years of hope and change.

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Postby judokamak » Sun Feb 17, 2013 9:47 am

Oh man, i was so looking forward to this.

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Postby Tony Montana » Mon Feb 18, 2013 1:18 am

Hey es/pip your goal is help people, dont stop for that...

regardless your reply, the best for you my friend ;)

Tony
While it may be true that 95-99% of Forex traders fail, 100% of Forex traders who never give up will succeed
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Postby Humble » Mon Feb 18, 2013 4:25 am

Keep it going es/pip, here or elsewhere.


Tony Montana wrote:regardless your reply, the best for you my friend ;)Tony


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Is price closing higher or lower than something? Simple yet powerful question. ..MO

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