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- W1llbam replied Feb 22, 2020
It's all good to be a trend trader, or to follow the trend, but it is definitely not the best, obviously you don't need unnecessary over-complexity, but that applies to anything.
has anyone EVER seen a successful trader/trading system?
- W1llbam replied Feb 22, 2020
You're right I do not need a team, but that does not mean it wouldn't be beneficial. I realize now for it to really be beneficial it would need to be more professional - And cheers for the advice. I would recommend trading capital for a firm, rather ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
Hey pal - Good post, but I've already addressed all of your points in this thread, no one in the imaginary team that we're discussing would rely on each other so to speak, we would all be profitable traders, if you applied the method I use, and ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
I agree - I would never start a team just to take the same trades, also I am not intending for people to use the same strategy, (theoretically speaking) I would possibly teach them the method I use, and then they would build their own system, and a ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
You wanted me to keep it simple? My system has 60+ pages of every single thing about it, and the logic behind everything, and the tests done. For me to enter a trade I look for a double confirmation, between two of all the different single ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
I'm simply just getting frustrated. If I provide proof, you will simply call it a demo account, I can explain it in 5 simple steps. The method I use is based on a unique market theory, that there are significant levels in price, and my entire system ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
What do you mean by "bait for some commercial content"? Please explain.
Trading team pros and cons
- W1llbam replied Feb 22, 2020
First, I am simply a new member... Second why the f*ck would I waste my time with this thread if I did not have a genuine profitable method, if you don't believe me, then think about the logic in theory? hence the thread is named Team trading pros ...
Trading team pros and cons
- W1llbam replied Feb 22, 2020
If you have a complete system and a set of rules on exactly how you manage your trades that are based on logic, then you know what to do, there is not really any nerves. But I can see why the "Set your orders and run" approach makes things easier.
How often do your trades go into profit, then to negative etc
- W1llbam replied Feb 21, 2020
That sounds awesome man! I'm happy for you and your wife. You're right - Technical analysis becomes sort of subjective, because we all see different things, and use different technical strategies. Hence my first suggestion was me teaching people my ...
Trading team pros and cons
- W1llbam replied Feb 21, 2020
The problem with the approach of just setting orders and then not looking at it, is that the market conditions constantly change, so you might exit, when it's not even a logical time to exit, or the logical time to exit might've been slightly before ...
How often do your trades go into profit, then to negative etc
- W1llbam replied Feb 21, 2020
Well you need to have a complete system, of every step you take in the markets, entries, trade management exits etc... a strategy is just part of your system. Then you test through charts manually with that system, also test it on a demo account too ...
How to back test a manual strategy?
- W1llbam replied Feb 21, 2020
The problem is, it would take multiple months, because traders would have to build their own system, since there is no "one size fits all" kind of system hence I mention it as a method, but I might be looking to team up with some good fundamental ...
Trading team pros and cons
- W1llbam replied Feb 17, 2020
I am looking to do something of the kind in the future, either by a normal trading team as mentioned, or by starting a hedge fund, probably the latter since after I put some thought into this, I don't think it's worth it, it would take quite a bit ...
Trading team pros and cons
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Trading team pros and cons
Started Feb 15, 2020|Trading Discussion|32 repliesI've had some thoughts about this, ever since I got a complete method of trading, since I ...
- W1llbam replied Feb 15, 2020
Let me tell why you find little material on this. It's because it's honestly just a stupid money management strategy. I don't know anyone that has become profitable from any type of martingale systems - because it's gambling habits. If you actually ...
anyone need help?
- W1llbam replied Feb 15, 2020
Now, there are multiple answers to this question, it depends on your trading style. You need to know which kind of move you're expecting to get after you enter. But, statistically speaking most of your trades will be negative before they go ...
How often do your trades go into profit, then to negative etc
- W1llbam replied Feb 13, 2020
Where you enter is important, or rather timing is important. But where you exit the trade is the most important and hardest part. Now entering in the "right direction" is one trading style (trading with the trend) I like to call tops and bottoms, ...
Can YOU make money as a trader?
- W1llbam replied Feb 13, 2020
I wanna say I believe anyone can make money from trading IF they meet the requirements you need to meet to trade profitably, I will not mention them here, since they are very simple and straightforward. BUT it takes incredible amounts of work, and ...
Can YOU make money as a trader?
- W1llbam replied Feb 10, 2020
You can't really assume a 1/10 ratio definitely not if you've read through a lot of threads on here. You can probably assume a 1/100 ratio at best
Are there actually any profitable traders on Forex Factory?