prochargedmopar wrote: prochargedmopar wrote: v8power wrote:
Here is a log I started 18 months ago. What do u notice. Im still using the same ideas I was back then. I have added a few things since then like the crash zone, double failures and OPM. So i started with a basic idea and traded it consistently. Once i was consistent with that I would add a new idea and then master that over about 6 months, before adding anything else.
How many of u are adding and changing it monthly, weekly or daily.https://www.kreslik.com/forums/therumpledone/my-boring-daily-log-t8900
It gets REALly boring when you stop posting to your blog.
I've found that the most successful podcasts/blogs/youtubers/etc. keep updating on a regular basis
otherwise most people lose interest.
I traded MACD3 for many many years and even though the "system" has an 80%+ success rate I didn't make any $$.
I've been looking at MZ's and ZL's since the beginning of time and yet I still haven't made any $$.
I haven't lost 10's of thousands as you suspect. (only about $2k in 8yrs)
So far trading has been a very inexpensive hobby if that's how one wants to classify it as compared to car guys, fishermen, blah blah.
Oh, and $700 of that $2k was lost by a trader from Pakistan who I let trade my acct. hahaha. my bad. heheh
oops, these last two posts were suppose to be in V8powers blog.
I don't know if I hurt your feelings or offended you pro but Im tired of all your lil snide remarks lately. The point of me mentioning my log wasn't so people would follow it. It was to prove what I was saying. Being consistent, with proper MM is key to successful trading. I don't think there is any member on here that has been consistent with there methods and made sure there winners were bigger then there losers hasn't succedded. Add in posting there charts and explaining there reasons for taking a trade (winners following there plan).
A black swan is an event or occurrence that deviates beyond what is normally expected of a situation and is extremely difficult to predict; the term was popularized by Nassim Nicholas Taleb, a finance professor, writer and former Wall Street trader. Black swan events are typically random and are unexpected. Then goes on to give examples of events that have happened every few years. But hey Im sure your right and investopedia is wrong. Because your the guy who knows everything about forex.
Only 2k in 8 years and 7 lost by someone else. Come on pro you don't even keep track of your loses and expenses?
On p170 of your old thread u posted this "I'm actually down about $3500 over the last 1.5yrs trading." That leaves stil 6.5 years of loses to add to it. Plus you had "Well, I went to one of his workshops a couple month's ago. $1500.00 (3 days)". Also the $500 you gave to TRO and all the donations you probably made to get his indy's.
Your trading is a joke. You think 1% a day is a MFer and say why have an exit strategy when you don't have an entrance one. But post s**t like this
"Lets review AFTER the fact even though I stated it BEFORE the fact.
At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.
There was buying pressure.
The charts showed it, and it must be past experience from 10,000 + hrs of watching charts had a little to do with it as well.
Maybe I'm reading into something that is not there, maybe not.
Look what happened.
Exactly what my gut felt like was going to happen.
Also, look at a daily GU chart all by it's lonesome.
Price rarely falls directly away after a double failure. (many other names out there for same double wick pattern)"
"I came home early (1/2 day) from work to babysit the little golden nugget.
My Dad was overseeing the kids while they watched her in 30min shifts till I got home.
When I got here I showed them all a path to riches.
I used AJ and the 3p-6p cst box as a present moment example..
A short was triggered.
I explained that AJ is a jumpy spiky pair and that an entry on an up bar after a breakout down is a legitimate alternative strategy.
Yes it took a while but as usual both entry methods hit the profit target of 10 pips."
You must be the chart whisper, that can just feel the market and know what it will do. But cant be profitable.
But its all good cuz now your trading style is "Bodies show the way, wicks show not the way.All positions are a sl on a htf chart.Entries and lower/small tf's are irrelevant. This is the way Ive seen the markets for many years". Give it 2 months you will be on to the next big thing. The sad thing is you could be a profitable traders, but you choose not to.