The Best Trading System

What do you like or dislike on this thread?

  • Like: Trading Theory, Psy Ops, Myth Busters

    Votes: 22 37.3%
  • Like: Trading Systems

    Votes: 20 33.9%
  • Like: Everything on this thread

    Votes: 32 54.2%
  • Dislike: Too much theory, not enough actionable items

    Votes: 4 6.8%
  • Dislike: Systems discussed are found as useless

    Votes: 1 1.7%
  • Dislike: Everything on this thread

    Votes: 2 3.4%

  • Total voters
    59

Tuna

Listen and act, don't ask it, it doesn't oblige
Keeping the weekly Momentum on: Don't give up.​

Lose less, till you learn to earn small but consistently. Once there - up the size. And do record everything.

Have patience till you learn it and have patience as well once you have learnt it - till you get your trigger of entry.

That's should be all.

Oh, last but not the least - bring discipline in your daily life (2,3 small habit change will boost your confidence - get up, get to bed time, quit at least 1 of your bad habits if you have, learn at least 1 new thing in area of your fear - may be height, water, heat, cold etc).

Patience + Discipline + Rules Based Trading = Profit Zone





 

checkmate7

Well-Known Member
How is your new system KKST testing going on is it successful???
 

Tuna

Listen and act, don't ask it, it doesn't oblige
How is your new system KKST testing going on is it successful???
SFSG - but no verdict before testing once new Bullish cycle and one Bearish Cycle. Will let you all know.
 

Tuna

Listen and act, don't ask it, it doesn't oblige


Sounds Familiar? This is the reason I am ready to earn less than a Full Time Trader. There have been many occasions when my trading take home > my paycheck. But can not put a requirement of daily need on a game of probability. And since I don't have the dependency on my trading profit, I can skip bad market conditions, no pressure on daily earnings and also can compound when needed as I dont need to pull the fund out (sometime yes).

Trading is a double edged sword, when u lose, u don't only lose ur money, but ur time as well. So decouple that Time factor.

so if ur job can allow u to trade in HT, 30 mins tick, hourly tick - don't become a FTT. Else trade commo in the evening.


This an edge a 9 to 6 guy has over a hedge fund manager , dealing million times greater liquidity . He has a target to meet every month. You also can have a target (Z factor) , but no mindless risk taking to meet it. Thats why I discourage any potential trader at workplace from quitting job.

Let me spill the beans - I dint take offers of prop trading myself when was offered. Don't want target pressure hanging as a sword in a game of probability where nothing is certain, neither want my family to keep a stake of their livelihood on probability.







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marimuthu13

Well-Known Member


Sounds Familiar? This is the reason I am ready to earn less than a Full Time Trader. There have been many occasions when my trading take home > my paycheck. But can not put a requirement of daily need on a game of probability. And since I don't have the dependency on my trading profit, I can skip bad market conditions, no pressure on daily earnings and also can compound when needed as I dont need to pull the fund out (sometime yes).

Trading is double edged sword, when u lose, u don't only lose ur money, but ur time as well. So decouple that Time factor.

so if u r job can allow u to trade in HT, 30 mins tick, hourly tick - don't become a FTT. Else trade commo in the evening.


This an edge a 9 to 6 guy has over a hedge fund manager , dealing million times greater liquidity . He has a target to meet every month. You also can have a target (Z factor) , but no risk taking to meet it. Thats why I discourage any potential trader at workplace from quitting job.

Let me spill the beans - I dint take offers of prop trading myself when offered. Don't want target pressure hanging as a sword in a game of probability where nothing is certain, neither want my family to keep a stake of their livelihood on probability.

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:clap::clap::clap::clap::clapping::clapping::clapping:
 

monkeybusiness

Well-Known Member
Sounds Familiar? This is the reason I am ready to earn less than a Full Time Trader. There have been many occasions when my trading take home > my paycheck. But can not put a requirement of daily need on a game of probability. And since I don't have the dependency on my trading profit, I can skip bad market conditions, no pressure on daily earnings and also can compound when needed as I dont need to pull the fund out (sometime yes).

Trading is a double edged sword, when u lose, u don't only lose ur money, but ur time as well. So decouple that Time factor.



This an edge a 9 to 6 guy has over a hedge fund manager , dealing million times greater liquidity . He has a target to meet every month. You also can have a target (Z factor) , but no mindless risk taking to meet it. Thats why I discourage any potential trader at workplace from quitting job.

Let me spill the beans - I dint take offers of prop trading myself when was offered. Don't want target pressure hanging as a sword in a game of probability where nothing is certain, neither want my family to keep a stake of their livelihood on probability.


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Well said Tunabhai,

:thumb::thumb::thumb::thumb

can't risk family's present and future for chasing our dreams.
 
GM Tuna sir i have one qus on your 30 min Fools system.If 50 Ema is above 200 Ema but Price go below 200 Ema and Crossing both 200 Ema and after 50 Ema in this situation we take trade after closing above 50 Ema or wait again price come below 50 Ema and close above it.For Example this situation in BNF real trade @ 21/4/17 and 24/4/17.Thankyou. :confused::confused:
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Bharti - when u follow the 30 mins Fool's system, and see something like this 200 EMA getting whipsawed , switch to daily TF immediately and will mostly get a tigger on 20 EMA Daily Fool.

And to answer ur query, option 1 is correct


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Tuna

Listen and act, don't ask it, it doesn't oblige
Trading Psy Ops: The Difference is a thin line - Between Gambling and Trading.



And

Though , U have to guess in both the cases nevertheless, u increase the odd of being right many more number of times if u react to price instead of predicting (calling top or bottom ) and what else matters - how much extra you make when u are right (against how much u lose when u r wrong) - are all u need to learn and repeat, to earn from trading.

Those are what we call winrate and risk/reward. U can only know if u maintain a journal

P. S - If u are thinking why I am harping on same thing from beginning to end on this thread, well this is all u need to do (NOT 'need to know' , knowing is not enough). And nothing more , nothing less.


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