Maadik Hugiis. IQ 69.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} Money man my thing with bitcoin is that when it achieves what it wants, to be a decentralized currency, wont it be technically valueless?? like a dollar is not worth 40k so once bitcoin or digital currencies become a thing and the dollar has no value, wont that make bitcoin valueless? from an investing perspective. Sorry if i sound ignorant i have zero research into crypto
Zero understanding of crypto at my end, too.
What I see is, BTC is under a total control. BTC has a chart. Run by the same price app that runs the indexes, the gold, the forex pairs.
This tells me, BTC is to make the US Dollar more desirable.
As US Dollars and all money in general, are all printed out of a thin air. By SOMEONE. And that someone is not in the Forbes top 100 or whatever the name of the list of the most rich humans... The Forbes guys are like jokes, when compared to our guy...
So, cryptos have this purpose. To restore the faith in the FINITE MONEY (BTC is just 21m, for example). While, just improving the old money positions, as the crypto is valued in the money we all use, which is absolutely meaningless and insane, in my view...
What is money?
Paper. Slightly more sophisticated paper, than the WC paper...
What is crypto?
Some files. Slightly more complicated files with ZERO VALUE, for me.
The value of money and the value of the crypto is given by the believers who believe these hold value.
These are just instruments for power and nothing else...
Sorry for the long reply.
Would be interesting to hear if you have a different opinion? Just curious to hear different opinions than mine...
Maadik Hugiis. IQ 69.
- | Joined Mar 2019 | Status: Member | 118 Posts
Another tp of $10 per entry did closed...{image} This night I could not sleep well. For a very good reason. My brained tried to figure it out how to lower down the risk even more and gain the same amount of money, on the very same signals base? Because I am using the rate's 20%-25% promotion. Of enter right now. Here. Yes, here. Just here. It did turned out, I can take every 5th signal instead of every signal that follows, and increase the target from $10 to 50$. Thus the draw-down also goes down x5 times,...
Time as a filter, simple hedge with sl and hodl.
- | Joined Nov 2021 | Status: Member | 1 Post
Another tp of $10 per entry did closed...
From what i read ,your strategy almost similar to milipede in ff ,it needs trend in one direction long enough. A few months back, i've trying to replicate it in trading eur usd , and it seems to go well because of the strong downtrend that is still happening till now.
Although i'm in profit right now, I wonder if i grasp your strategy right or not,i hope you can guide me and us into it.
Thanks before moneyzilla .
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} Holy shit this is the metronome thing you've been talking about. Time as a filter, simple hedge with sl and hodl.
static...
Maadik Hugiis. IQ 69.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
going to a dentist tomorrow. hoping for the best!
Maadik Hugiis. IQ 69.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
started to closing down some 1000 pips targets ($100). hoping for $1,975 in the second part of march'22.
my sense is we are now ($1,878 at the moment) around the closing price of feb'22, more or less, which leaves some $20-$40 to consolidate in the next 10-15 d1 candles.
the end of feb'22 will probably be like a fake down movement. few d1 candles of march'22 will keep the "we are falling down" illusion, i suppose. and then, pedal to the metal, trick >70% of the retail traders at ff, by going up to around $1,975.
my sense is we are now ($1,878 at the moment) around the closing price of feb'22, more or less, which leaves some $20-$40 to consolidate in the next 10-15 d1 candles.
the end of feb'22 will probably be like a fake down movement. few d1 candles of march'22 will keep the "we are falling down" illusion, i suppose. and then, pedal to the metal, trick >70% of the retail traders at ff, by going up to around $1,975.
Maadik Hugiis. IQ 69.
- Joined Dec 2018 | Status: Member | 1,810 Posts
started to closing down some 1000 pips targets ($100). hoping for $1,975 in the second part of march'22. my sense is we are now ($1,878 at the moment) around the closing price of feb'22, more or less, which leaves some $20-$40 to consolidate in the next 10-15 d1 candles. the end of feb'22 will probably be like a fake down movement. few d1 candles of march'22 will keep the "we are falling down" illusion, i suppose. and then, pedal to the metal, trick >70% of the retail traders at ff, by going up to around $1,975.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} Hi MoneyZilla ,I saw you post your report of your trading and admired you so much. You trade small lot size but won bigger than trade bigger lot size . It was amazing to my . Ihave been trading gold only over three years but still struggle ,have not make money yet . I saw you post your ebook but still wonder why some trader can read the content in the book but some did not see any words at all included me . I wonder why some can see and some can not . I like your hedging strategy , after I read but still can not understand how to hedge the...
I think, for a hobby trader, best START is, if one trades just one of the directions. I would start with the buy only on the gold. You will have lots of ideas once you start doing it. How to limit the draw-down would be your first emergency. There are tens of different ways of doing this precisely. Start doing this and you will see the most of them. I am sure there are many ways i still haven't seen, yet... imagine the possibilities ahead?
Once you have some advancement in the buy only zone, you might want to start applying the same on the sell side and see what happens?
This is pretty easy when you have a guide close to your shoulder. For example, I am teaching my brother now. 7-8 months already, maybe. We work in the same office room. All day. I was struggling with a specific hedging approach. It is really stupid, when you hear it for a first time. But thanks to him, to his experiments with the ea and the indies i have designed, we finally got to that kind of results (it is still UT100 demo, we are now learning how to day-trade the indices):
Hedging might sound and look stupid, but can and in fact it is, very profitable. This is only for the hobby guys like us. Let the pro guys sniper trading the next 20-30-40 pips. Good luck to all of them.
p.s. The goal here is just 30 net pips on an entry. Stop strategy, not a limit one. The most closures are very far away from 30 pips. Try to guess why?
Maadik Hugiis. IQ 69.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote}Are you still trading gold or you trade indices and currency pairs too?
Here are some gold setups waiting to reach for their targets. There are plenty more. Will partially paste some later, when they close at their targets. Most are with a long holding times. 6+ or more months.
Not afraid to buy higher...
Maadik Hugiis. IQ 69.
- Joined Dec 2018 | Status: Member | 1,810 Posts
{quote} Gold and Indicies seems to be the most interesting for me. My bro is working on indicies and multiple fx pairs, me is working on these too, but with the multiple fx pairs, very surprisingly, me is not as successful as he is.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
i should have been braver...
some 1,500 pips target just reached...
some 1,500 pips target just reached... Maadik Hugiis. IQ 69.