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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #64,781
  • Jul 18, 12:55pm (10 hr ago) Jul 18, 12:55pm (10 hr ago)
Quoting Rickblaise
{quote} nahhhhh can’t do more than that for today
sent you zoom link
  • #64,782
  • Jul 18, 1:07pm (9 hr ago) Jul 18, 1:07pm (9 hr ago)
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Excellent insight.
Matryoschka
  • #64,783
  • Jul 18, 1:10pm (9 hr ago) Jul 18, 1:10pm (9 hr ago)
Gold going to open gap down side again
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  • #64,784
  • Jul 18, 1:42pm (9 hr ago) Jul 18, 1:42pm (9 hr ago)
@T721 said he can’t do the zoom call for tmr
I recorded most of the zoom call for those who are intrested I don’t think I can send that much of a volume video on here
maybe send me an email @[email protected]
and we’ll figure out how I can send it to you guys
  • #64,785
  • Jul 18, 1:49pm (9 hr ago) Jul 18, 1:49pm (9 hr ago)
Quoting T721
some light reading for all you bored punters {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
you're the GOAT
  • #64,786
  • Jul 18, 1:53pm (9 hr ago) Jul 18, 1:53pm (9 hr ago)
Quoting Rickblaise
@T721 said he can’t do the zoom call for tmr I recorded most of the zoom call for those who are intrested I don’t think I can send that much of a volume video on here maybe send me an email @[email protected] and we’ll figure out how I can send it to you guys
Thanks pal gotta get going. won't be back till Monday open.

Hope you learned a little bit. but remember what i said. "prove this old bugger wrong he's just a fuckingidiot"
  • #64,787
  • Jul 18, 1:55pm (9 hr ago) Jul 18, 1:55pm (9 hr ago)
Quoting Rickblaise
@T721 said he can’t do the zoom call for tmr I recorded most of the zoom call for those who are intrested I don’t think I can send that much of a volume video on here maybe send me an email @[email protected] and we’ll figure out how I can send it to you guys
can you post this in the Wolf trading strategy thread thanks
  • #64,788
  • Jul 18, 1:56pm (9 hr ago) Jul 18, 1:56pm (9 hr ago)
Quoting T721
some light reading for all you bored punters {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
I’m looking for a book of price action by Jeorge soros I have one part of the book I need the full pdf
if you have it kindly share it with me
thank you
  • #64,789
  • Jul 18, 1:58pm (9 hr ago) Jul 18, 1:58pm (9 hr ago)
Quoting Muxb7
{quote} I’m looking for a book of price action by Jeorge soros I have one part of the book I need the full pdf if you have it kindly share it with me thank you
sorry i don't have time right now i'm about to leave for Glasgow. remind me Monday or Tuesday and i will see if i have it
  • #64,790
  • Jul 18, 2:53pm (8 hr ago) Jul 18, 2:53pm (8 hr ago)
A much more simplified one for the candles
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  • #64,791
  • Jul 18, 6:00pm (5 hr ago) Jul 18, 6:00pm (5 hr ago)
Hi, thank you for taking the time to reply. I really appreciate it.
What you said about not trying to learn someone else's trading style makes a lot of sense. The more I study, the more I realize how easy it is to jump from one strategy to another without really understanding why it works. That's one of the reasons I made my post—I want to build something simple that I can understand, test, and repeat consistently.
I found your explanation of treating a setup as something that can provide multiple opportunities particularly interesting. If I understand correctly, you're identifying a higher-timeframe directional bias, then taking several smaller trades while that overall setup remains valid, rather than trying to hold one position all the way to the final target. Is that right?
I'd also be interested to know how you define when a setup begins and, more importantly, what tells you it's no longer valid. Is that based on a break in market structure, a higher-timeframe level, or something else?
Thanks again for sharing your approach, and I wish you the best with your testing.
  • #64,792
  • Jul 18, 9:04pm (1 hr 59 min ago) Jul 18, 9:04pm (1 hr 59 min ago)
Quoting mysticcanada
Good Morning Fellow Traders! Fridays are a no-trade day for me, unless the M30 picks up a move. We may see this today if XAU drops below 3985 the algorithm will kick in. This week has been excellent so far! Improvements I could make are staying out of the way of the algorithm and NOT CLOSING EARLY. There is almost always more to come in any sort of a big move. Then after closing early, I'll see the move continue, and either have missed that portion, or FOMO get back in at a much lower R:R. So that's been a lesson for me for a long time, you have...
That is a solid psychological breakdown, and it hits right at the core of what every trader fights daily.
The truth is, all these theories and narratives out there have their own merits. But at the end of the day, no matter how good the algorithm or the theory is, the ultimate battle is always within us—specifically, controlling our own itchy fingers when the market is moving.
I will be honest: I have that exact same itch. I get tempted to hit 'Close All' the moment I see blue on the screen. Because for me, trading is pure speculation, and exiting is by far the hardest part of the game.
To battle my own human nature, I chose a different path. Instead of fighting the itch in front of a live market, I built a hybrid EA to automate my exit options. And more importantly, I trained my itchy fingers inside the Strategy Tester.
Here is a quick clip of how I do it:
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By equipping my EA with interactive on-screen buttons, I turned the Strategy Tester into a flight simulator. I can manually practice my execution, trigger recovery logics, and test my exit plans against years of historical data in just a few minutes. It allows me to make mistakes, feel the urge to close, and discipline my hands mechanically before I ever touch a live account.
Control isn't about hoping your brain stops panicking; it’s about building a system that manages the panic for you
  • #64,793
  • Last Post: Jul 18, 9:56pm (1 hr 7 min ago) Jul 18, 9:56pm (1 hr 7 min ago)
Quoting Vemir
Hi, thank you for taking the time to reply. I really appreciate it. What you said about not trying to learn someone else's trading style makes a lot of sense. The more I study, the more I realize how easy it is to jump from one strategy to another without really understanding why it works. That's one of the reasons I made my post—I want to build something simple that I can understand, test, and repeat consistently. I found your explanation of treating a setup as something that can provide multiple opportunities particularly interesting. If I understand...
As I mentioned before, what I'm pursuing is consistency.

I only use a single indicator. The simpler and more practical it is, the better. Its only job is to tell my strategy whether it should be looking for buys or sells. Once a setup is active, I don't care about the higher-timeframe trend or whether price breaks an important level. Those things are no longer my focus.
What I care about is this:

  1. My strategy has a maximum profit target of around 750 pips and a maximum risk of around 1,350 pips. On paper, that doesn't look very attractive, but each setup has a very high win rate.
  2. Using the most recent example, once my setup was confirmed, it gave me a trading map between 3952 and 4056. Within that range, I was only allowed to look for buy entries. At that point, market structure, price action, and the analyses that people share here become valuable—not because they tell me what direction to trade, but because they help me find better entries within my predefined setup.

In reality, on that latest setup I ended up making around 1,300 pips, which is already far beyond the strategy's theoretical maximum profit for a single setup. So next week, if I don't see a really good entry, I'll simply stay out and wait for the setup to finish. I don't really care whether it eventually ends in TP or SL because I've already taken what the market was willing to give me.
I hope this gives you a slightly more positive perspective on trading.
Every opinion and every analysis shared here has value, but don't feel that you need to copy someone else's strategy or become overly attached to any particular method.
If I had to describe my own strategy, I'd probably say it's surprisingly simple—maybe even a little silly. But at the moment, it's working, and that's all that really matters to me.

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