- Search Crypto Craft
- 2,502 Results (2,497 Replies, 5 Comments)
-
RickM replied Oct 22, 2018Yes for an EA but we were looking at a MT4 tester were we. But for for manual trading probably a lot higher if your good at PA and are very disciplined with your trading. I doubt however your talents should remain here with TMS if you reach that ...
Trading Made Simple
-
RickM replied Oct 22, 2018You would be mad to trade any of those models with a draw down so high yet with a return that shows only a profit factor of 1.20. However if we lowered the trade size to about 1/8 of the size and trade the 10 best pairs at the same time, we would ...
Trading Made Simple
-
RickM replied Oct 21, 2018Its all about pip movement and quality of that move. A good move on GBPNZD is reliable and safe so I am happy to place my hard earned winnings on this pair. I know a good PA signal will turn into good green pips. I wouldn't like to gamble with ...
Trading Made Simple
-
RickM replied Oct 20, 2018My broker normally asks around 3 pips for G/N during the London session but who cares. Its current Average Daily Range over the last 10 days is 180 pips so it offers high reward. On the M5 chart, if you can trade each TDI cross to create a basket of ...
Trading Made Simple
-
RickM replied Oct 20, 2018Trading AUDUSD is like watching snails. Its slow moving and boring. Trading TMS requires a good average daily pip movement and there is no other pair better than GBPNZD. In the first two weeks of October, GBPNZD has moved around 1600 pips. In the ...
Trading Made Simple
-
RickM replied Oct 19, 2018Yes, you can depend on a income stream with forex trading in any market if you trade a few different strategy’s. Trending markets for me offer the least profitable results because markets spend maybe 2/3’s of the time with no major trend occurring. ...
Trading Made Simple
-
RickM replied Oct 18, 2018Bullshit Then he goes on to say traders who read his newsletter make money. The reason most traders don’t profit from forex is that have been trading for too short period of time then give up. Their numbers sway the ledge to many more losers than ...
Trading Made Simple
-
RickM replied Oct 17, 2018You have to think yearly returns with EA's and aim to run well designed models that keep drawn down under 10%. Its all in the setup. Here's an example of one I am running at present. Bollinger Bands set to 40 /2. Take a Sell when it hits the Upper ...
Trading Made Simple
-
RickM replied Oct 17, 2018Iddd Then you have the answer already on your charts. Just develop a portfolio where 100% per year profit on a 50K+ account using several EA's is your solution. Its starring you in the face. All you need is to get to 10% per Month, your'e already ...
Trading Made Simple
-
RickM replied Oct 16, 2018You need to visit Divergences Plan the Trade thread and see what happen in June. That was a tough month for them so it’s not easy money or even guaranteed money all the time. Yes the pip movement per day may be 600 pips but it’s just 1 market. In ...
Trading Made Simple
-
RickM replied Oct 16, 2018Now look who’s not talking about TMS. The policeman’s changes his uniform, doesn’t care about losing money, wants to trade futures live without any strategy.
Trading Made Simple
-
RickM replied Oct 14, 2018Iddd I was just responding to Divergence's post, your'e just a troll I'm afraid. I send you a PM a few weeks back and your lack of understanding and knowledgement of that message just proves your agenda. Your'e never bothered to read Big E's notes ...
Trading Made Simple
-
RickM replied Oct 13, 2018I like your Videos, keep them coming. The biggest shame is we have mostly stopped talking about Emmanuels MEME trading systems. I recommend any trader re-visits his posts on this topic over the past few years to learn how to profit for a living in ...
Trading Made Simple
-
RickM replied Oct 13, 2018He will be sorry unless he's prepared to practice for a year on DEMO to learn the skills, then hope he is one of those 5% of traders who can trade 123's, pullbacks, 2b's etc like yourself and be profitable. Most will fail because they are impatience ...
Trading Made Simple
-
RickM replied Oct 9, 2018When some trader talks about having a account big enough to trade a 100 lot size trade if they choose, you know they are a BS
Trading Made Simple
-
RickM replied Oct 5, 2018Hi Ensale Probably because every time we open up a chart, we have to re-focus our brains from our daily lives. Please excuse this rest of the post as its Friday night and I've had a few beers. I like this interesting test of human mental abilities. ...
Trading Made Simple
-
RickM replied Oct 5, 2018Hi Kirinda I've been there, done that with a EA. Without repeating a post I placed a few weeks back, its not that profitable. If you lose the TDI and base it around the stochastic and alter the lot size, it looks promising.
Trading Made Simple
-
RickM replied Oct 5, 2018Sounds like you need to Automate the whole strategy and save even more time. So I see Sunday night has an event your'e been waiting for all year.
Trading Made Simple
-
RickM replied Oct 5, 2018If you consider PA is king quite a while. I trade 21 pairs so that’s about two minutes per pair to look where the support and resistance areas are so 40 minutes. So that 40 minutes at least 4 times a day so now we are looking at 2 hours 40 minutes ...
Trading Made Simple
-
RickM replied Oct 4, 2018In the end, TMS requires a lot of screen time both before and after in the learning process before the trader becomes profitable. The question needs to be asked is that time well spend. Warren Buffet once said if you don’t make money while your ...
Trading Made Simple