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To Share or not to Share strategy? 61 replies

Share whatever you are willing to share 27 replies

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Why members share strategies?

  • #61
  • Feb 23, 2018 8:52am Feb 23, 2018 8:52am
Quoting jmn5611
{quote} Great example of an ego driven post. Someone was even kind enough to explain in statistical terms why "cutting losers short" matters.
@jmn5611

You can't even accept a funny cartoon to tease your believes?

No problem but keep your arrogance at bay. Some people think that the most time they spend here, the more legitimate they are to become arrogant.
Now go back play with your colorful indicators... and don't forget to cut losers short and let winners run
Don't give up on your dreams. Keep sleeping.
  • #62
  • Feb 23, 2018 8:55am Feb 23, 2018 8:55am
Quoting michisuperfr
Trends are real and can last for years, even in currencies. {image}
Great chart, I hope that those who think bearish price action is bullish and bullish price action is bearish did not blow out. But if they are true to their alleged philosophy, they averaged down into oblivion. TAH did that just before he left, and he was definitely one of those with conspiracies about market makers.

Quoting Artcool
{quote} @jmn5611 You can't even accept a funny cartoon to tease your believes? No problem but keep your arrogance at bay. Some people think that the most time they spend here, the more legitimate they are to become arrogant. Now go back play with your colorful indicators... and don't forget to cut losers short and let winners run
I never forget to stay on the right side of the traders equation. No sane trader would. Interesting word is the word arrogant. If you are confident in your own abilities you will never meet an "arrogant" person. That says something.
If you are good at something, never do it for free--Joker
  • #63
  • Feb 23, 2018 9:03am Feb 23, 2018 9:03am
Quoting kprsa
{quote} Sometimes one does get hit by a truck, but it is impossible to catch her unless you try... {image} {quote}
No offense but can you show me all the losses you had before getting the luck to have one trade not being stopped out?
In other words, either you show the whole picture, or you don't show anything.
Don't give up on your dreams. Keep sleeping.
  • #64
  • Feb 23, 2018 9:06am Feb 23, 2018 9:06am
Quoting copi88
{quote} This is what most traders do not understand... {image}
Employing this view you're going to catch only those moves that are smaller than the average, and certainly smaller than the moves in the opposite direction.
I could perhaps handwalk to the baker's in the morning, but I regularly choose not to do so...

Cheers,
k
  • #65
  • Feb 23, 2018 9:15am Feb 23, 2018 9:15am
Quoting kprsa
{quote} Employing this view you're going to catch only those moves that are smaller than the average, and certainly smaller than the moves in the opposite direction. I could perhaps handwalk to the baker's in the morning, but I regularly choose not to do so... Cheers, k
Lol, ok perhaps that was a bit simplistic.

But if you understand why that picture is true you understand the market makers model.
Boxing clever since 76.
  • #66
  • Feb 23, 2018 9:17am Feb 23, 2018 9:17am
Quoting Artcool
{quote} No offense but can you show me all the losses you had before getting the luck to have one trade not being stopped out?
Of course, I can show you the times I got run over by a bicycle - one cuts losses not to get run over by a truck - but I chose to show you just the girl. This is not a question of luck, just of knowing the market direction, a good entry (a failure of pullback), and statistics.

Quoting Artcool
{quote} In other words, either you show the whole picture, or you don't show anything.
I'll show whatever I want.

Cheers,
k
  • #67
  • Feb 23, 2018 9:20am Feb 23, 2018 9:20am
Quoting Artcool
{quote} No offense but can you show me all the losses you had before getting the luck to have one trade not being stopped out? In other words, either you show the whole picture, or you don't show anything.
Again, this shows the mindset. Any trader who wins must be lucky. Win for a month, you are lucky. Win for a year, you are lucky. That is why I posted earlier, winning on any traders part will not change the mindset of a losing trader. Their ego will not allow it. They cannot say, that they lost money due to incorrect interpretation or serious trading errors. It is everybody's fault except their own.
If you are good at something, never do it for free--Joker
  • #68
  • Feb 23, 2018 9:32am Feb 23, 2018 9:32am
Members share strategies because they do not work.
Since the 'member-impact' flag is introduced on FF, some members share their strategies (bullshits) to gain followers and some sort of authority, which has nothing to do with profitability.
Imagine a trader who endured years of research, isolation, capital loss and pain, and has finally found a trading edge. Will he stupidly share his method on forums? NO.
  • #69
  • Feb 23, 2018 9:37am Feb 23, 2018 9:37am
Quoting copi88
{quote} But if you understand why that picture is true you understand the market makers model.
I understand what you're saying. It may be useful to know the motivations behind market moves.

But be it market makers, aliens, Illuminati or Soros (and those items were not chosen to be necessarily mutually exclusive ), the market can at the end of the day only go up or down. It is just a statement of fact that trends exist - the "random" process has a non-zero drift term.

Trading for me reduces to just:

a) defining the trend (MAs, lines, I like pitchforks in particular recently).
b) applying the same method to a lower-tf pullback.
c) waiting for the pullback to fail - the chosen method signals a change in low-tf trend.
d) enter.
e) follow the higher-tf trend until there is a change.

Quite boring actually. But it seems to work.
Cheers,
k
  • #70
  • Feb 23, 2018 9:37am Feb 23, 2018 9:37am
Quoting kprsa
{quote} I'll show whatever I want.
Your choice and I know why. You need to understand that a single trade is irrelevant to the discussion. If you get excited or proud to show one single trade, that just means something. What matters is to make money more than you lose in the long term, not to be proud of one single trade.

By the way, I saw you have an account as well on Tradingview and you write many nice scripts for indicators. Hope they help you being ''on the right side' of the statistics''

Take care.
Don't give up on your dreams. Keep sleeping.
  • #71
  • Feb 23, 2018 9:47am Feb 23, 2018 9:47am
Quoting Artcool
{quote} Your choice and I know why. You need to understand that a single trade is irrelevant to the discussion. If you get excited or proud to show one single trade, that just means something. What matters is to make money more than you lose in the long term, not to be proud of one single trade.
This paragraph of great and unique wisdom will certainly be appreciated by future historians...
Cheers
k
  • #72
  • Feb 23, 2018 9:47am Feb 23, 2018 9:47am
Quoting alm-hd
Members share strategies because they do not work. Since the 'member-impact' flag is introduced on FF, some members share their strategies (bullshits) to gain followers and some sort of authority, which has nothing to do with profitability. Imagine a trader who endured years of research, isolation, capital loss and pain, and has finally found a trading edge. Will he stupidly share his method on forums? NO.
Just because some traders might be Gollum and protect The Precious, does not mean everyone is that way. Some people believe in Karma. Share and give freely.
If you are good at something, never do it for free--Joker
  • #73
  • Feb 23, 2018 10:01am Feb 23, 2018 10:01am
Quoting kprsa
{quote} I understand what you're saying. It may be useful to know the motivations behind market moves. But be it market makers, aliens, Illuminati or Soros (and those items were not chosen to be necessarily mutually exclusive ), the market can at the end of the day only go up or down. It is just a statement of fact that trends exist - the "random" process has a non-zero drift term. Trading for me reduces to just: a) defining the trend (MAs, lines, I like pitchforks in particular recently). b) applying the same method to a lower-tf pullback....
Agree it is critical to understand the motivations behind a move. This is the problem with the vast majority of retail traders they do not know.
All they see is chart patterns and do not know how to calculate value. In addition most do not know how to interpret news / fundamental events as they do not understand the bond markets and how they bonds react to news events.

Institutions have complicated AI neural network models that calculate value for them which their algos trade off. In the retail space best we can do is build simple models to try and emulate those AI models.

Here is value on the EUR on a daily chart. You can see clearly why the institutions where accumulating in the green boxs.

Attached Image (click to enlarge)
Click to Enlarge Name: v3ux2cM.png Size: 126 KB


Here is EUR on 5 min chart. Easy to see where and when to sell.

Attached Image (click to enlarge)
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Also why I was buying the bottom edge of EUR today was due to max pain levels and option barriers for today.
Boxing clever since 76.
  • #74
  • Feb 23, 2018 10:21am Feb 23, 2018 10:21am
Quoting kprsa
{quote} Of course, I can show you the times I got run over by a bicycle - one cuts losses not to get run over by a truck - but I chose to show you just the girl. This is not a question of luck, just of knowing the market direction, a good entry (a failure of pullback), and statistics. {quote} I'll show whatever I want. Cheers, k
Let's see if anyone down the line will take advantage of that incredible piece of information.
If you are good at something, never do it for free--Joker
  • #75
  • Feb 23, 2018 2:10pm Feb 23, 2018 2:10pm
Quoting copi88
{quote} Agree it is critical to understand the motivations behind a move. This is the problem with the vast majority of retail traders they do not know. All they see is chart patterns and do not know how to calculate value. In addition most do not know how to interpret news / fundamental events as they do not understand the bond markets and how they bonds react to news events. Institutions have complicated AI neural network models that calculate value for them which their algos trade off. In the retail space best we can do is build simple models...

Please explain futures chart, it doesnt show any datapoints forward, where is the prediction, what they use ?
  • #76
  • Feb 23, 2018 7:29pm Feb 23, 2018 7:29pm
For me FF happens to be a good place with great ideas, none of which really work in a long run. However, as a separate gold pieces, here is full with many... It all depends what is one's level of failure at the time of digging.

And some systems are really fantastic. Like the snake's eye, the ma channel, the daily's candle breakout, the zig zag and the stoch, the zig zag alone. No-one here talks about the tops and the bottoms, yet, but I am waiting for that guy to see what (s)he has to explain about them? I have not heard any book tonsay anything meaningfull though. Not that i have read any trading book in a first place... Just noticed traders does not speak about market makers nightmare...
Maadik Hugiis. IQ 69.
  • #77
  • Feb 23, 2018 10:08pm Feb 23, 2018 10:08pm
Quoting kostas1
I may have an ulterior motive: If enough people react the same way when for example price touches a major MA line (round numbers, pivots, etc.), it becomes a self-fulfilling prophecy and you get the expected reaction.
LOL highly doubt you'll get the required volume but good plan..........
  • #78
  • Feb 23, 2018 10:08pm Feb 23, 2018 10:08pm
Quoting alphadude
{quote} I beg to differ. There are plenty of profitable strategies shared here in FF. take for example ProfitFarmer My Way to Highway forum; he does share his strategy and trade it live for all to see. The failure is to be blamed on the users who are lazy; and not on the people who are sharing good trading ideas.

My friend i was talking about the systems that are described here in FF. Not any individual. I trade profitably. I make all calls immediately as soon as i take them. I'm making my living with forex only. I was referring to Trading systems. I have a method which is not a system.I do not use Fibs/Indicators/Patterns/Moving averages etc.
Avoid what is Strong,Strike at what is Weak
  • #79
  • Feb 23, 2018 10:10pm Feb 23, 2018 10:10pm
Quoting copi88
{quote} Here is value on the EUR on a daily chart. You can see clearly why the institutions where accumulating in the green boxs.
you know this how? personally you know their order book, have mates feeding you order levels? or your just making hypothetical guesses?
  • #80
  • Feb 23, 2018 10:41pm Feb 23, 2018 10:41pm
Quoting copi88
{quote} Agree it is critical to understand the motivations behind a move. This is the problem with the vast majority of retail traders they do not know. All they see is chart patterns and do not know how to calculate value. In addition most do not know how to interpret news / fundamental events as they do not understand the bond markets and how they bonds react to news events. Institutions have complicated AI neural network models that calculate value for them which their algos trade off. In the retail space best we can do is build simple models...
I think I am one of the few blind and thick headed trader who did not see what is obvious to you in your secretive chart mainly due to the fact that I trade on pure price actions without the benefit of the chart and I am totally ignorant and clueless of hind sight analysis.
If you ask me to do live trade calls together with you complete with entry/sl/tp then I will surely obliged with the minimum tp target of 2x rewards ratio. 3 out of 5 targeted live calls will definitely reinforced the esteemed position yet unseen and untested in FF history. I will be rooting for you to be the first trader to make FF history.

Cheers
GS
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