Hello......
I would like to take this opportunity to reveal to you my trading philosophy. I have posted one or two methods around the forum, but thought I would put everything together on one thread. This is no over night task, and I will add more when I get a chance.
My guess is that 99% of you will not even give this method a try. Why?.....because it takes time everyday to place your trades and to manage open positions. In fact if you traded all pairs (within reason) you could spend at least 2 hours per night once you've learned what to look for. And guess what.....this has got to be one of the most boring things to do in your life. Night after night spending 2-3 hours preparring for tomorrows trades, but....when I am done, the rest of the time is all for me because there is no in-between monitoring needed. In fact, my nightly encounters with my trades have become in ways therapuetic and indeed has changed my life for the better. Trading? Therapuetic?
What I have done I have mostly taken from others and then modified it (for better or worse) into something that works for me. My biggest thanks go to the books I have read by Bill Williams. His philosophy struck the right chords with me and although I also use his indicators, I use them (for the most part) in an entirely different manner then he did. Other things I have gathered along the way, some from people on this forum and I am eternally greatful for all that they showed me.
For the longest time I bought everything I could get my hands on. Learned everything I could. Read everything that had to do with trading. Last week my best friend called me and showed me an e-mail he had gotten regarding Forex from a company offering good returns and blah, blah, blah. He encouraged me to check them out. After doing some reasearch and talking with this company, I told my friend that I didn't think I needed to do any more purchasing of anything. This was a milestone for me and one of the reasons I decided I was ready to put this all down on paper and share it with all of you.
Trading is a very fluid thing and many things can be open for personal interpretation. I as well am looking for ways to make this better, and so you may find that some things may change from time to time as I come to other conclusions. I will of course notify you when anything changes.
With that said, I hope that you enjoy this thread. I am doing this as much for you as I am for me, basically on the premise of what one man said...." when I share knowledge with others I learn it twice".
If you are wondering what my main philosphy is, well here it is: to not lose my money when the market is ranging and to make a killing when the market is trending.
This system utilizes right now at least 10 different entry points, multiple entry points into the market which can mean thousands to tens of thousands of dollars in profit in a trending market.
So enjoy my thread and I look forward to any comments that you would like to make as we go along. Also, I will eventually hopefully get to the point where I will upload nightly charts and will of course be around to answer any questions that you may have.
Let's have some fun together and make some money.
I would like to take this opportunity to reveal to you my trading philosophy. I have posted one or two methods around the forum, but thought I would put everything together on one thread. This is no over night task, and I will add more when I get a chance.
My guess is that 99% of you will not even give this method a try. Why?.....because it takes time everyday to place your trades and to manage open positions. In fact if you traded all pairs (within reason) you could spend at least 2 hours per night once you've learned what to look for. And guess what.....this has got to be one of the most boring things to do in your life. Night after night spending 2-3 hours preparring for tomorrows trades, but....when I am done, the rest of the time is all for me because there is no in-between monitoring needed. In fact, my nightly encounters with my trades have become in ways therapuetic and indeed has changed my life for the better. Trading? Therapuetic?
What I have done I have mostly taken from others and then modified it (for better or worse) into something that works for me. My biggest thanks go to the books I have read by Bill Williams. His philosophy struck the right chords with me and although I also use his indicators, I use them (for the most part) in an entirely different manner then he did. Other things I have gathered along the way, some from people on this forum and I am eternally greatful for all that they showed me.
For the longest time I bought everything I could get my hands on. Learned everything I could. Read everything that had to do with trading. Last week my best friend called me and showed me an e-mail he had gotten regarding Forex from a company offering good returns and blah, blah, blah. He encouraged me to check them out. After doing some reasearch and talking with this company, I told my friend that I didn't think I needed to do any more purchasing of anything. This was a milestone for me and one of the reasons I decided I was ready to put this all down on paper and share it with all of you.
Trading is a very fluid thing and many things can be open for personal interpretation. I as well am looking for ways to make this better, and so you may find that some things may change from time to time as I come to other conclusions. I will of course notify you when anything changes.
With that said, I hope that you enjoy this thread. I am doing this as much for you as I am for me, basically on the premise of what one man said...." when I share knowledge with others I learn it twice".
If you are wondering what my main philosphy is, well here it is: to not lose my money when the market is ranging and to make a killing when the market is trending.
This system utilizes right now at least 10 different entry points, multiple entry points into the market which can mean thousands to tens of thousands of dollars in profit in a trending market.
So enjoy my thread and I look forward to any comments that you would like to make as we go along. Also, I will eventually hopefully get to the point where I will upload nightly charts and will of course be around to answer any questions that you may have.
Let's have some fun together and make some money.
"Keep your eyes on the helpers" - Mr. Rogers