The magical mystery tour of the divine m
I've been lurking mainly on FF for a while and I decided to share my trading methods to help my fellow traders. I've been studying the art of Internet forum trading for over a decade, and I think I've finally gotten the hang of it. I believe in karma (and have met his wife too). In life you have to pay a price, and I think it's time for some gullible newbie to forward test this crap because, frankly, I can't be bothered. what else? Oh yeah, some God-related gibberish is always welcome, so: God is my guiding light, and because the market is divine, may the angels guide you in your quest.
So needless to say. The following are the rules for this method. Please feel free to comment, add questions, post charts, add metrics, whatever you want. As we all know, 95% of people fail, including all of you, including myself. Did you know that there are probably 5 consistently profitable professional traders in the world compared to many other market participants? Everything went broke in the end. Now, how many people have won the lottery? Yes guys, your odds of winning are actually higher than if you were a small retail trader with a $10,000 account and become a successful trader. But you still try! Because no matter what, against all odds, you, a clueless retail trader with a free copy of MT4 and some charts, are special. You are the one who can succeed and become free. Free and more importantly, abundant! Get rid of the drudgery of sitting in the office day after day, staring at the computer for more than 8 hours a day, get rid of the fierce competition, be yourself, not succumb to anyone's whim, and control your own destiny. Hey, I just want to spread the love. Also, of course, if all goes well and this thread will run over 2000 completely pointless and confusing posts, I might be able to start some side vendor thing from it - maybe a private forum or something? At least sell some PDFs on Ebay.
While teaching FF full time, where I would typically lecture arbitrarily, bend the rules to please others, post post-mortem charts, etc. and point everyone in the right direction, I would also be working a full-time job for my employer, running a successful business as a real estate developer and entrepreneur, and having an affair. All of this is possible once the reality and freedom of success in Forex becomes a reality.
So the rules: These rules are specifically designed to be vague and incomplete.
1. Monthly chart analysis
2. Entries are based on annual outdoor bar
3. Also note the 7 minute, 35 minute, 5 hour, 19 hour, 3 day and 5 week charts...should do the trick
4. When you want to enter from any direction
5. Use a stop loss of no more than 7 pips plus spread
6. Your goal is to keep taking losses until you can't take them anymore, i.e. you have to run your winners, you can do this by closing losers at 7 pips and never closing winners
7. Once you are clear of losses, never close a position unless the high or low of the year is reached in the opposite direction.
8. Only trade in the direction of the trend. Define this however you like: When everything is going wrong for you, I can always say that you are trading against the trend
9. Any indicator can be used, after all they are useless.
10. Margin, leverage, rollover costs, opportunity costs, scalability, etc. are completely irrelevant.
11. You have to sit down and monitor your trading screen 24 hours a day for it to work
12. Psychology, discipline and money management are very, very important. Make sure you read The Zone Deal, Elder, Gann, Darvas, O'Neil, Dow, Wyckoff, Elliot, Nison, Ross, Mystic Meg, etc., then throw them in the trash. They are complete nonsense!
12. Keep dreaming
Isn't this clear enough?
good
The chart is below.
So needless to say. The following are the rules for this method. Please feel free to comment, add questions, post charts, add metrics, whatever you want. As we all know, 95% of people fail, including all of you, including myself. Did you know that there are probably 5 consistently profitable professional traders in the world compared to many other market participants? Everything went broke in the end. Now, how many people have won the lottery? Yes guys, your odds of winning are actually higher than if you were a small retail trader with a $10,000 account and become a successful trader. But you still try! Because no matter what, against all odds, you, a clueless retail trader with a free copy of MT4 and some charts, are special. You are the one who can succeed and become free. Free and more importantly, abundant! Get rid of the drudgery of sitting in the office day after day, staring at the computer for more than 8 hours a day, get rid of the fierce competition, be yourself, not succumb to anyone's whim, and control your own destiny. Hey, I just want to spread the love. Also, of course, if all goes well and this thread will run over 2000 completely pointless and confusing posts, I might be able to start some side vendor thing from it - maybe a private forum or something? At least sell some PDFs on Ebay.
While teaching FF full time, where I would typically lecture arbitrarily, bend the rules to please others, post post-mortem charts, etc. and point everyone in the right direction, I would also be working a full-time job for my employer, running a successful business as a real estate developer and entrepreneur, and having an affair. All of this is possible once the reality and freedom of success in Forex becomes a reality.
So the rules: These rules are specifically designed to be vague and incomplete.
1. Monthly chart analysis
2. Entries are based on annual outdoor bar
3. Also note the 7 minute, 35 minute, 5 hour, 19 hour, 3 day and 5 week charts...should do the trick
4. When you want to enter from any direction
5. Use a stop loss of no more than 7 pips plus spread
6. Your goal is to keep taking losses until you can't take them anymore, i.e. you have to run your winners, you can do this by closing losers at 7 pips and never closing winners
7. Once you are clear of losses, never close a position unless the high or low of the year is reached in the opposite direction.
8. Only trade in the direction of the trend. Define this however you like: When everything is going wrong for you, I can always say that you are trading against the trend
9. Any indicator can be used, after all they are useless.
10. Margin, leverage, rollover costs, opportunity costs, scalability, etc. are completely irrelevant.
11. You have to sit down and monitor your trading screen 24 hours a day for it to work
12. Psychology, discipline and money management are very, very important. Make sure you read The Zone Deal, Elder, Gann, Darvas, O'Neil, Dow, Wyckoff, Elliot, Nison, Ross, Mystic Meg, etc., then throw them in the trash. They are complete nonsense!
12. Keep dreaming
Isn't this clear enough?
good
The chart is below.
























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