Simple trading but profitable | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple and profitable trading style 5,149 replies

Trading Made Very Simple and Profitable instructions 33 replies

A simple idea but not necessarily profitable free EA 5 replies

The right thinking of the profitable trading in 3 simple steps. 14 replies

Gio's simple profitable trading quest 6 replies

Attachments: Simple trading but profitable
Exit Attachments

Simple trading but profitable

  • #1
  • First Post: Edited May 17, 2018 9:34pm May 14, 2018 3:10am | Edited May 17, 2018 9:34pm
hi traders. today i will teach you a simple system which i use in the futures market in my country.
the system is very simple,but you should always keep some rules in your mind.
the first rule:hold your profit and stop your loss.
the second rule:drop a little money to get more.

here i will show you how to trade it.
1st. open your chart,you can trade any timeframe,but i don't agree low than 30m.
2nd.search a line where is important price
3rd. buy when price upper than the line,sell when the price is below than the line.
4th.you will have many some loss trades,but once you get the profit,it will be so large.so be patience when the price is not leaving the line.

read post 137 carefully then post.


please don't post this thread again, I deleted the account show,and I want to shut this thread down,thank you .
  • #2
  • May 14, 2018 4:48am May 14, 2018 4:48am
Wow.... I wonder why I never came up with this! Amazing! Thanks for sharing!
  • #3
  • May 14, 2018 5:50am May 14, 2018 5:50am
this is the principle of this method.
theoretically speaking you will never loss more than the spread or commission.
but the last time that you take your trade in the line that will give you a large number of pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 11 KB
  • #4
  • May 14, 2018 5:57am May 14, 2018 5:57am
because its too simple ,that ppl don't believe that can make green pips.
but in fact, every method can give you profitable ,that you just need to do is that make sure your tp:sl>=2:1
  • #5
  • May 14, 2018 7:17am May 14, 2018 7:17am
Quoting liunliun
hi traders. today i will teach you a simple system which i use in the futures market in my country. the system is very simple,but you should always keep some rules in your mind. the first rule:hold your profit and stop your loss. the second rule:drop a little money to get more. here i will show you how to trade it. 1st. open your chart,you can trade any timeframe,but i don't agree low than 30m. 2nd.draw a line where the recent bar is open 3rd. buy when price upper than the line,sell when the price is below than the line. 4th.you will have many some...


so basically, every 30min you place new line at the open of new candle and buy/sell above/below open of the candle?
  • #6
  • May 14, 2018 8:46am May 14, 2018 8:46am
Quoting Knez
{quote} so basically, every 30min you place new line at the open of new candle and buy/sell above/below open of the candle?
no
now lets define that how to know if one trade is over, the answer is not that open-close.the answer is when you finish the last profit trade then they are done.

so we don't move the balance line if the price are not leaving the line
  • #7
  • May 14, 2018 8:50am May 14, 2018 8:50am
Quoting liunliun
{quote} no now lets define that how to know if one trade is over, the answer is not that open-close.the answer is when you finish the last profit trade then they are done. so we don't move the balance line if the price are not leaving the line
Sometimes it is better to have something visual to the text for learning. Can you please show us how this will work with a drawing?
Perfection is the enemy of good enough!
  • #8
  • May 14, 2018 8:51am May 14, 2018 8:51am
we don't need to forecast the trend in the future.
we just follow the trend that we draw in the past.
  • #9
  • May 14, 2018 8:54am May 14, 2018 8:54am
Alright, I love it.

When a new candle is created, do you wait for price to deviate away from open a certain amount of pips before placing pending at the open level?

And when do you know it's time to take profit?
  • #10
  • May 14, 2018 8:57am May 14, 2018 8:57am
Quoting liunliun
we don't need to forecast the trend in the future. we just follow the trend that we draw in the past.

so to cut long story short:
what time or which candle to use to draw the line and trade accordignly to that line!?
  • #11
  • May 14, 2018 8:59am May 14, 2018 8:59am
here is an example.
for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly.

and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short.....

is that clear? its so easy but really profitable.

don't fall in the indicators, they are all base on the moving average.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
  • #12
  • May 14, 2018 9:01am May 14, 2018 9:01am
Quoting BubaYaga
Alright, I love it. When a new candle is created, do you wait for price to deviate away from open a certain amount of pips before placing pending at the open level? And when do you know it's time to take profit?
in one line ,i usually waiting for the pips cover the previous lossing pips,and then set here as min profit.
  • #13
  • May 14, 2018 9:05am May 14, 2018 9:05am
Quoting liunliun
here is an example. for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly. and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short..... is that clear? its so easy but really profitable. don't fall in the indicators, they are all base on the moving average. {image}

according to your chart, it's a breakout trade .... break of most recent/important high/low?
  • #14
  • May 14, 2018 9:07am May 14, 2018 9:07am
Quoting liunliun
here is an example. for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly. and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short..... is that clear? its so easy but really profitable. don't fall in the indicators, they are all base on the moving average. {image}
Thanks, something that can i work with and it support your teaching. I trade also without any indicator.
Perfection is the enemy of good enough!
  • #15
  • May 14, 2018 9:12am May 14, 2018 9:12am
Quoting Knez
{quote} according to your chart, it's a breakout trade .... break of most recent/important high/low?
no
i just tell you guys a basement function!!!
use this function ,you can get every trend.
its not about breakout trade or retrace balabala
  • #16
  • May 14, 2018 9:13am May 14, 2018 9:13am
Quoting Knez
{quote} according to your chart, it's a breakout trade .... break of most recent/important high/low?
you can put your balance line everywhere,
but a good position will give you less crosses.
  • #17
  • May 14, 2018 9:22am May 14, 2018 9:22am
sometime you feel like you are losing your mind all together
  • #18
  • May 14, 2018 9:24am May 14, 2018 9:24am
Quoting llxx77dd
sometime you feel like you are losing your mind all together
what　ｄｏ　ｙｏｕ　ｍｅａｎ？
  • #19
  • May 14, 2018 9:29am May 14, 2018 9:29am
Are you closing trades or hedging?
  • #20
  • May 14, 2018 9:42am May 14, 2018 9:42am
Quoting liunliun
{quote} you can put your balance line everywhere, but a good position will give you less crosses.
so it's like flipping coin:
place your line anywhere you want, and trade according to that line!

what kind of explanation/method is that?
0 traders viewing now