The NO. 1 Secret Of Success In Trading

Discussion in 'Trading' started by MarketAddict, Mar 11, 2018.

  1. disagree,can't go into details why or what basis are for this
     
    #111     Mar 14, 2018
  2. Handle123

    Handle123

    In a way reversed engineering can be considered "stealing". depending how one is brought up, and regardless for either for entertainment that I could do it or do they have a different solution of taking the lid off the 2 year old jar of honey, I used to in spare boring time. There are just so many way to enter in the markets. The only differences "now" is how to define trend, anyone under five years usually use what is available for lack of knowledge, whereas if you plodding along in Quantum physics looking for the next great formula to last a few months, no one would ever give a hint.
     
    #112     Mar 14, 2018
    beginner66 likes this.
  3. jinxu

    jinxu

    Really don't know if you could reverse engineer any method with two signals. But from my perspective, why risk it so even more reason to be secretive. However I do come here to check out what others are doing. I'm a bit paranoid that someone out there is doing the exact same thing that I'm doing. When they say they need to make 60+ trades in a month, I know full well they are not doing what I'm doing. So I sleep better at night.
     
    #113     Mar 14, 2018
  4. schweiz

    schweiz

    This is what you wrote in posting #3:"damn, not gonna lie. if it took u 10 years to become profitable, you have nothing to offer me. it only took me 6 months to become profitable. last friday, i did 7 trades. 6 winners and 1 loser. made over $550 for the day. peace."


    This is what you wrote in posting #43:"yup my mentor was a stubborn mofo. i would argue with him all the time. let's say i cut him short and went on my own...lol."
     
    #114     Mar 14, 2018
  5. schweiz

    schweiz

    We can find out quickly: yesterday I sold at the top and bought at the bottom.

    Who can reverse engineer my system?
     
    #115     Mar 14, 2018
    jinxu likes this.
  6. @Handle123

    In a way reversed engineering can be considered "stealing"


    in blatant form yes,it it was only a hint not sow much

    There are just so many way to enter in the markets.

    that's why you are confident [​IMG]

    kind regards
     
    #116     Mar 14, 2018
    ironchef likes this.
  7. Sprout

    Sprout


    If they were both at optimal points, it would be the FTT long and FTT short in the respective cases. You might have entered early, on the mark or late depending on what you were looking at, the timeframe that you monitor, and whether you scale in or put on a fixed position.

    How you go about determining when a trend fails to traverse is up to the spectrum of differentiation you've built in your mind and the tools you use to support that.

    If you only entered two trades, then you are focused on larger timeframes and your definition of trend encompasses many bars, especially on larger timeframes.

    How you go about determining trend, measuring the strength of a trend and where it is in the OOE, is something you consider a private matter and are unwilling to discuss any details of it for fear of losing what you would consider your edge.
     
    #117     Mar 14, 2018
  8. schweiz

    schweiz

    By reverse engineering I mean a fully working program that generates the buy and sell signals.
    Not a description of more or less of what is used. Because many people know more or less what is needed. But the problem is to put it in a fully working system that exactly does what is needed.

    The profits are generated in the last fine tuning of a system, not in the general idea of what should be done. General ideas don't generate any profits.
     
    #118     Mar 14, 2018
  9. schweiz

    schweiz

    But why do so many people never make money? They should just take imaginary entries and exits (the ones they dream about), and program a best-fit approach. Should be simple if they believe in reverse engineering.
     
    #119     Mar 14, 2018
    userque likes this.
  10. qxr1011

    qxr1011

    but very few to enter and exit with regular profits
     
    #120     Mar 14, 2018
    beginner66 likes this.