The NO. 1 Secret Of Success In Trading

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

  1. qxr1011

    qxr1011

    did i say anything about myself?

    but in context of the discussed issue the accounts are spread (and trades, naturally) not to let smart asses at broker's to reverse engineered the method
     
    Last edited: Mar 15, 2018
    #141     Mar 15, 2018
  2. i think it's the same, just read it slower... lol
     
    #142     Mar 15, 2018
    samuel11 and tomorton like this.
  3. How did you do over a week, then a month, then a quarter, a year or two. The markets have a way to take it back over time. But you knew that, right ...
     
    #143     Mar 15, 2018
  4. Handle123

    Handle123

    I believe you and I trade very much the same so most likely I know how as automation did as well and had signals inbetween.
     
    #144     Mar 15, 2018
  5. Let’s just say I don’t do kamikaze trading or revenge trading. Even though I have margin account. I don’t use borrow money to trade. Only my money. I don’t trade for the sake of trading. If I see an opportunity and if I’m able to live with the risk, only then I trade. I don’t really count how much I made each day or week. I count only by the end of the year if I’m profitable or not. And so far I’m green.
     
    #145     Mar 15, 2018
  6. Sprout

    Sprout

    Not to be too pedantic, but if the start of a path is not connected to the end, then there is no continuity. The markets must have continuity, otherwise there would be no participation. It's like trading very thin OTC stocks. Price might move but without liquidity, it's pretty random from what I can observe. The randomness clears up when the analysis of volume comes into a trader's awareness. Sure, still confusing and counter-intuitive to a point but with diligent observation, there are repeating patterns in any liquid market on any timeframe.

    Contrary to popular opinion, volume leads price - without exception. Any exceptions are the reflections of a trader's bias from induction and lack of awareness of the market's granularity. I suppose that concept could be flipped and a philosophical debate could ensue, however from my pov, that's like having a conversation with a flat-earther.

    To the intent of your comment, I do agree with you. There are certainly many steps in-between the start and the ultimate destination. However, like going on a round-the-world trip, the reward is the journey. If it were not, then simply staying at home would accomplish arriving at the final destination without the ups and downs of the adventure in-between.
     
    #146     Mar 15, 2018
    slugar likes this.
  7. That's great, keep up the good work!
     
    #147     Mar 15, 2018
  8. Handle123

    Handle123

    I think there is a difference by saying I dance options around my positions and someone giving exact times or pictures of what they do, let's face, very small amounts of what I trade was developed strictly by my ideas and 95% came from books, forums, mentors and number of other public displays. Where the work comes in is proving to myself I can not have losses exceed certain percentages, like scalping, my losses stay under 3% base on weekly stats, do I care what others think of me, not at all, I have nothing to prove to anyone, except myself. My very long term commodity system this year being correct is at zero percent so far being for profitable new long term trades, but have many open positions as they not been stopped out yet and a few made it to first and only targets but runners, 90%, far away from those areas. All at breakeven stops plus fees.

    Most know I trade extremes, counter-trend at time of entry in almost all areas of trading, 6% of signals are breakouts of anything I do, most people don't have the talent or knowledge or extreme work I have done for so long, most are playing golf and become a limo driver for their younger wives and have retired from trading.

    We all grow up differently, some naïve trader just breaming with happiness wants to share his chart, most unaware there are dangerous sharks in these waters, like me, but I take it apart for challenge but don't trade it as I know he was sharing not to share the signals, otherwise he would have gone into fine detail of how he was getting in.

    From the beginning, I started this as a challenge, it was a hobby, dangerous hobby, more like a dangerous sport, danced on the edge way too often and got hurt way too much, building blocks of sorts, you have to put in your time, great deal of time, but am horrible dealing with people, can't stand 99% of people and even the 1%, they gets on my nerves as well after so much time. I don't understand or comprehend most emotions except pain, sparse moments of happiness but it is a world I understand, so sport of trading I play is challenge for me, never been about the money-just way to keep score, I think most people who played game this would do much better. I have always made income by physical work, owning real estate and that is work and starting businesses, all involved people unfortunately. You want to get ahead "Work hard and smart", find talented people for managers and cut them some of the net and own piece of the pie, people will work their asses off for you and their families. Quality of Life for those who put in great effort.

    @ironchef, glad you put in the hard work and effort to design new system regarding options, did I give or show you how I trade this way? NO, like impossible to re-engineer signals. Don't think one needs big brain to re-engineer, just needs great deal of time of working variety of ways to trade.
     
    #148     Mar 15, 2018
  9. If both accounts are profitable, how does this matter? Sounds a little crazy
     
    #149     Mar 15, 2018
  10. eurusdzn

    eurusdzn

    Surf ?
     
    #150     Mar 15, 2018
    schweiz likes this.