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Hold The Gold

  • #501
  • Jun 29, 2020 6:23am Jun 29, 2020 6:23am
Quoting DemandSupply
The problem that I face is where should be starting point be and any starting point I chose on the chart, I ended up with a disadvantage and that itself works against the basis of the imbalanced signals as you term it.


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I have infact started to demo with various pairs and Gold to see if there is any difference.
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But I am sure and infact know, that irrespective of the currency pair, gold or stocks or anything else, infact any trading chart ( the imbalance is level l1 ) is just the same and therefore does not make any difference.

Very good! Now we are talking! Big big big step forward! Bravo! Price app they use is... the same! on ALL FINANCIAL INSTRUMENTS! hahaha!
True! True!

Alright. That one is extremely hard to answer. It was until very recently I was kind of in your situation. Where draw-down comes first and usually it comes bigger... I have managed to flip the sides and right now it is a completely different trading for me... There is no easy way to point you in any right direction without disclosing a core information and details. I have been avoiding this here for quite some time...

Here is something I can tell you about.

What you just post in here shows you are absolutely on the right track. You just start trading this disadvantage. The trading process will tell you how you need to adapt. Again. All advancements I do, are based on an account that just got into a draw-down. I find the reason, tune it and more tunes there are, if necessary, until I take it out of the draw-down. And here I go. I got myself some new and clean that works. This might repeat many times (behind a single set up). That is how it works (for me). I don't think one can get there by pure overthinking... or just some planning.

Of course, sometimes I do fail to bring the account back to life. That is also a valuable information I use. Mainly what not to do or make a second try with far less load on the lot and, again, following tune modifications.

All this I do on live only. Demo sucks. Makes me irresponsible towards the tunes I have to do and as long I stayed on the demo I was struggling very hard...

Unlike the demo, the live trading, even with losses involved, boost me in the right orbit I wanted to be. As I was caring about the money and gave myself 110% to save the day. More often than not, I did saves... That is how I manage to advance. Though true pain of the eventual loss and through some real loss I manage to create.

Sorry for the long explanation. But it is your trail. And this can be flipped. draw-down can and eventually will become the smaller of both...

Last thing here. I have found the heavy lot is a huge enemy and I have wasted many good strategies I will never get back to, because of the failures with the greedy expectations. One might sit on gold and would never know, if the lot is heavy... 99.9995% of all failures are due to this single fact. And due to the game's ratio of 30/70...
Maadik Hugiis. IQ 69.
  • #502
  • Jun 29, 2020 6:37am Jun 29, 2020 6:37am
Quoting Offujimori
{quote} Damn... can you believe I had that kind on imbalanced L1 signals, but then I've changed it to generate only second signal mode? (buy-sell-buy-sell)... That's a hell of a clue!

Yes. This is correct. Imbalanced signals turn into balanced one. That is what you need to work over... hard.

For example, MA crosses? These are every second. On a single MA pair (2 MAs crossing each other). This means L1 only. As signals go every second. One gets grounded and there is no escape from there.

Never tried it, but multiple MA crosses would create imbalanced signals, I guess? When all MA cross pairs looked over as one base source?

Not sure, if signals generated would not be quite horizontal? You need to find vertical signals. Horizontal ones are rubbish as they catch you in the center. They want you to stand still. Best exit is SL for you. Stand still, until we shoot you down. If we cant shoot you down? Take the SL! hahaha smart predators are these bankers...
Maadik Hugiis. IQ 69.
  • #503
  • Jun 29, 2020 7:20am Jun 29, 2020 7:20am
Quoting MoneyZilla
Just think of how big cats hunt? Any predator actually? If the prey does not zig zag? hahaha Imagine that? And there are escapes like this one: https://twitter.com/super70ssports/s...165512706?s=21
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  • #504
  • Edited 1:44pm Jun 29, 2020 1:22pm | Edited 1:44pm
Hi MoneyZilla,

""Last thing here. I have found the heavy lot is a huge enemy and I have wasted many good strategies I will never get back to, because of the failures with the greedy expectations. One might sit on gold and would never know, if the lot is heavy... 99.9995% of all failures are due to this single fact. And due to the game's ratio of 30/70..""

From what you have mentioned above, the only way to be profitable for long term and be properly hedged, is to have small positions not exceeding 0.01 ( also based on the equity ) to overcome the drawdown and to beat the game ratio of 30 / 70.

As a guidance and just to get a feel of how exactly you take up positions, I would like you to please give a general idea of what would be your approximate hypothetical floating loss and floating profit during any week wherein you have taken positions based on your trading strategy and method. And in cumulative monthly positions what amount would that be.( Maximum number of positions and value wise how much floating profit and loss , while maintaining the lot size of 0.01 only

Let me clearly state, I am not asking for your exact trades or the trade setups. What I need is a general idea of what your trading positions would be so as to enable me to take that as a guidance and work out a favorable strategy and to learn exactly how to be profitable in hedging positions.

Edited : What I have been going through is that I find that I have been trying to open too many positions of lot size 0.01 both buy and sell which is not the correct way to go about. I think I know that the number of positions on any given day should not be too high. Maximum of 2 buys and 1 sell or the other way maximum of 2 sells and 1 one buy. Your comments please.

Thanks in advance.

Regards
  • #505
  • Jun 29, 2020 4:26pm Jun 29, 2020 4:26pm
Quoting MoneyZilla
{quote} Horizontal ones are rubbish as they catch you in the center. They want you to stand still. Best exit is SL for you. Stand still, until we shoot you down. If we cant shoot you down? Take the SL! hahaha smart predators are these bankers...
I guess this is what you call horizontal signals and being catch in the middle? hehehe... call me easy prey... for now. In future, hard prey... like a chameleon!
I'm really trying to reach those edges of tops/bottoms. Problems is that lots always switch sides in the middle

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  • #506
  • Jun 29, 2020 5:07pm Jun 29, 2020 5:07pm
Quoting DemandSupply
...the only way to be profitable for long term and be properly hedged, is to have small positions not exceeding 0.01 ( also based on the equity ) to overcome the drawdown and to beat the game ratio of 30 / 70.

The discussion here goes on dominance mostly and hedging as an automatic side effect caused by the proper dominance report. Oliver seems to be interested in flips/swings, I felt. I am very interested in these two for sure... A good hedging starts with a quality swing signals. Which can only be a vertical type of. Near tops/bottoms (any or at least most).

Think about that? This will help you in the very starting point. I will repeat it for probably 236 time here. Hedging cannot happen without understanding, usage and individual manipulation of tops/bottoms (any). By manipulation I mean in one's interest. Hobby trader's interest.

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As a guidance and just to get a feel of how exactly you take up positions, I would like you to please give a general idea of what would be your approximate hypothetical floating loss and floating profit during any week wherein you have taken positions based on your trading strategy and method.

Sure, no problem.
Example 1: trading pound. Swings+middle/center entries. Average TP per instance $3 USD (30 net pips). Base lot 0.01. Never grows within an instance. New instances opened daily ~420/450. There were constant dynamic closures at target, I can't tell their exact numbers as I really don't know them. I have noticed it, the EAs could not reach target after Monday, 15 June and the overall lot grew slowly, but steadily. I was always like 30-40 pips to the total closure (maybe 4-5 times at least) and the rate would turn around. Last Friday, lot grew to over 16 lots (1,600+ instances, I am compounding the instances anywhere I can as the broker has a limit of just 300 trades per account) in nearly 160 trades. Max draw-down was ~-6k usd. Friday eve 600+ instances were closed. Just 250 we added today. There were many closures and now I am left with 650 instances (in a draw-down of around -90 pips each). The pair owes me around 9k. Equity draw-down is +9k (positive). Absolute draw-down was -2k (when it peaked to -6k with the 16 lots).
Example 2: 7 usd pairs + eurjpy + eurgbp. Dominance trading, partial auto hedge. $10 TP on an instance (over 100 net pips, especially on aud/nzd/cad/jpy). Currently in a draw-down of around -9k. Overall draw-down is +2k (positive). Absolute draw-down was -1k in the very beginning in April. All lot is near 8.5 lots (~850 instances). Trades are 150+. Setting a bigger TP? This is just an invitation to welcome higher draw-downs...

Cross pairs trading double the available margin as they somehow hedge in between without me understanding the exact technicalities behind that... Trading cross pairs, more often than not, offer very low to no draw-down trading, I guess due to the same unintended/unplanned cross pairs hedging? Dunno. I am lost here... Not interested to understand everything. Just noticed I can double the lot easily and that can't happen if I was trading just a single pair...

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And in cumulative monthly positions what amount would that be.( Maximum number of positions and value wise how much floating profit and loss , while maintaining the lot size of 0.01 only Let me clearly state, I am not asking for your exact trades or the trade setups.
It depends on my goals. Trading is a business for me. Despite I am just a hobby trader... I am v very angry hobby trader. Lots of evil inside me.

Now I sleep steady 6-9 hrs. As brain is calm.

My aim was to have a second income. All manageable by myself only. I can't afford being dependent on 50 employees and their insane or stupid actions. We had many of these in the past, unfortunately. Believe it or not, but we lost an annual revenue of over 6m a year. 6m annually. Not just once... We should have kept at least 4m out of these 6m... On top of that, the weak usd killed our profits in between 2007/8 and 2014. We had pretty nice profit margin in usd, but the expenses were in eur and all profits just evaporated. At the beginning of the next month. I was helpless. Nothing was there for me to stop this leak.

Now I want my profits back. With the hefty interests of 100% per year. For each year of the weak usd...

To answer your question, my rock bottom as of today is 1-1.5k a day. Net. I am doing this with below 1/6th of the money required to run our business. Approximately 10k to 15k net pips a day. ROI and stuffs like that? Not interested anymore. We grow from around 1.5k a day and don't care about anything else. In about a year from now, my anger will take the shape I want, as The Central Bank of Cyprus, few years ago, did steal ~99k usd from me personally, by rejecting a deposit guarantee of 100k eur. Absolute madness. They gave me back 0 usd... and there is no way I am forgetting this, too.

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What I need is a general idea of what your trading positions would be so as to enable me to take that as a guidance and work out a favorable strategy and to learn exactly how to be profitable in hedging positions.

Hedging requires more trades as, first the wait can and usually is big. Second more trades means more terminals and server resources. Just to warn you. But, if you nail one set of two trades to hedge, you will get creative enough what needs to be done. Still, the wait is big in hedging. For me it comes last in the pari list as I will use it only to distract the broker and confuse it from where this all comes...

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Edited : What I have been going through is that I find that I have been trying to open too many positions of lot size 0.01 both buy and sell which is not the correct way to go about. I think I know that the number of positions on any given day should not be too high. Maximum of 2 buys and 1 sell or the other way maximum of 2 sells and 1 one buy. Your comments please. Thanks in advance. Regards
Many positions in hedging will sink you down in days or weeks. Careful. Hedging is already hard to start. Especially at this point you are very vulnerable. Especially, if you are in lack of your own vertical signals system (above average)... or you have issues with finding the dominant side?
Maadik Hugiis. IQ 69.
  • #507
  • Jun 29, 2020 5:17pm Jun 29, 2020 5:17pm
Quoting Offujimori
I guess this is what you call horizontal signals and being catch in the middle?

EXACTLY!

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I'm really trying to reach those edges of tops/bottoms. Problems is that lots always switch sides in the middle

Well, at least you know your problems? This is not bad at all! It means, highly likely, you will figure that out. Hopefully sooner rather than later!
Maadik Hugiis. IQ 69.
  • #508
  • Jun 29, 2020 5:30pm Jun 29, 2020 5:30pm
Oliver, there is a technique, you gonna like it. It is completely stop trading, but executes as a limit as well. And unlike the limit, you are being lift off by the last movement, together wise. Not counter movement wise.

In your example, going up.

But verticals are a must.

That is why I gave you the tl indicator. At verticals you can use it. It is not dangerous.

To calm you down a little, I am using the tls in the middle. Maybe 50% of the time. I take it horizontally. Just to open more instances. The middle is important as all is decided in there. Don't enter it, until you solve the verticals. Then you can dance in between the horizontals and the verticals.

Not to flatter you, but by far, you are absolutely the smartest and the most intelligent person on this forum, I have met...
Maadik Hugiis. IQ 69.
  • #509
  • Edited Jun 30, 2020 12:20am Jun 29, 2020 5:56pm | Edited Jun 30, 2020 12:20am
Hi MZ! Thank you for answers!!
Just for curiosity "The Central Bank of Cyprus, few years ago, did steal ~99k usd from me personally".
You mean literally steal??? Like... they rejected the transfer and kept the money? Cyprus is an island... it's not my business to ask that, but what would be the benefits? Tax or something? No need to answer...!

Quoting MoneyZilla
Oliver, there is a technique, you gonna like it. It is completely stop trading, but executes as a limit as well. And unlike the limit, you are being lift off by the last movement, together wise.
I don't know if I'm going to talk about the same thing, but I probably was dealing with it last week until I notice that my signals were very shitty and need to refine it.
I was measuring the pips lost in between BUY/SELL signals (average) and trying to mix some limit orders to lower drawdown.
But that's the point I didn't find: "And unlike the limit, you are being lift off by the last movement". Well , at least I know it's possible. Gonna go back to it!

Do you keep some kind of record/diary of your studies?

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Don't enter it, until you solve the verticals. Then you can dance in between the horizontals and the verticals.

My signals actually still shitty, but at least I can offset by Units/Time/Equity hehe... After setting those options I realized that I still have the "edges" problem aka vertical signals.
And I'm since then asking myself "What can I do to make those signals reveal tops or bottoms?"
The main killer is the fact that they change It's amplitude. Sometimes It's a small range, sometimes It's a medium range...
EDIT: Questions are important, aren't they? I got a few ideas after writing this post. Signals manipulations... so much content on trading. This could even be a school grade. - But of course that's not school's objective... Not even in an economics university - which I did for a while..
Maybe the problem of blind and unconscious ego behavior is that it knows all the answers therefore no space for questions or admiting failures. Is that the curse of high IQ?

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Not to flatter you, but by far, you are absolutely the smartest and the most intelligent person on this forum, I have met...
Oh noo It you!! You are being partial... you already like the people from the rising sun!!
Thanks!!! I guess I'm a bit stubborn actually! Now serious, I express our gratitude for your patience to come here and say "It's possible. I did it". Eye opening...
If we could measure the average of hours we spend looking at the screen/writing/erasing/failing/testing just to make a tiny step.... as you said little by little miracles happen?

The reality is I'm really trying to be less than 75 IQ so I can revenge my losses.
  • #510
  • Jun 30, 2020 12:37am Jun 30, 2020 12:37am
Hi MoneyZilla,


'''Many positions in hedging will sink you down in days or weeks. Careful. Hedging is already hard to start. Especially at this point you are very vulnerable. Especially, if you are in lack of your own vertical signals system (above average)... or you have issues with finding the dominant side?""


Thats an eye opener and just as I thought. I need to work out to find the vertical signal system and the edge on the dominant side.

Thanks a lot for your valued guidance and thoughts.

Regards
  • #511
  • Edited 2:56pm Jun 30, 2020 4:16am | Edited 2:56pm
Quoting Offujimori
Just for curiosity "The Central Bank of Cyprus, few years ago, did steal ~99k usd from me personally". You mean literally steal???

I was unlucky to have an account in a bank owned by some Lebanese. The cross fire between the US and Russia, in Syria, got blow me away. The US Dep of Treasury took the bank's USD license off. Resulting in all my 99k gone forever... The Central Bank of Cyprus (under the European Central Bank rules, as euro rules out in Cyprus) rejected my Deposit Guarantee and told me I am a financial institution, amazingly. At the end they will seem to be quite right. I am still waiting to become such... anytime soon, I hope!

These bastards. In EU there is no deposit guarantee whatsoever, if they decide so... I am a living example.

Btw, I will never step a led ever again, in this shitty island. The city of Nicosia is terrible place as at night, especially at night, and not only, throughout the full calendar day actually, there is someone on a microphone, from some mosque, screaming like they are removing his tooth without any Anastasia... Like every two hours or so. No rest. Any day/night time. Absolute madness.

As a godless person, I would spit my guts. It was so disgusting...

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Do you keep some kind of record/diary of your studies?

No, unfortunately. But I keep charts open with years. I am staring at them almost every day and wonder what to do and how to screw them over big time. Fast and hard. Here is a chart, I was wondering what to do with. I already take an action, but always wanted to stay around the most deadliest place - near the daily average price. I think I can dance with her... Pretty sure I can. As doing it already, but in a different way and she is not part of my first dance, but now I insist we dance together.

The first signal above or below the D1MA locks the trend lines. They will get fair amounts of hits, but the risk worths, as I will reduce that impact with my usual ways and secondly, will not stay for too long at one place, but will move along the D1MA movement.

The base daily signals are like 20.5 daily, here reduced to 3.5 daily and I take only the first one above/below the D1MA. Very nice long straights there are. Beautiful.
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My signals actually still shitty, but at least I can offset by Units/Time/Equity hehe... After setting those options I realized that I still have the "edges" problem aka vertical signals. And I'm since then asking myself "What can I do to make those signals reveal tops or bottoms?" The main killer is the fact that they change It's amplitude. Sometimes It's a small range, sometimes It's a medium range...

What can I tell you? I don't have myself the perfect signalling system. I do not own such. Just doing patches of my mediocre systems, which at their best are probably no better than an average ones... They are doing too many signals and there is no exact time pattern. Sometimes they follow the time pattern, but then, suddenly move it to the other direction! Bloody hell! I could never solve that one... I am still unable. That is why, motherfuckers, I have a trend line set for you, bastards! That is 50% of my fix. The other 50% is to hedge the difference in between the actual signal and what the tl had filtered... among other options, but these are personal matter.

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EDIT: Questions are important, aren't they? I got a few ideas after writing this post. Signals manipulations... so much content on trading. This could even be a school grade. - But of course that's not school's objective... Not even in an economics university - which I did for a while.. Maybe the problem of blind and unconscious ego behavior is that it knows all the answers therefore no space for questions or admiting failures. Is that the curse of high IQ?

Yes. Low IQ helps for getting to simplicity. Faster. I am a very happy owner of an IQ of 69. I don't think it will drop any below that watermark...

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Oh noo It you!! You are being partial... you already like the people from the rising sun!! Thanks!!!

I love'em! Best humans on The Planet!

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I guess I'm a bit stubborn actually! Now serious, I express our gratitude for your patience to come here and say "It's possible. I did it". Eye opening... If we could measure the average of hours we spend looking at the screen/writing/erasing/failing/testing just to make a tiny step.... as you said little by little miracles happen? The reality is I'm really trying to be less than 75 IQ so I can revenge my losses.

Revenge. I am already in it.
All people are bad. We mistakenly call some for being good ones. Just because they have not shown us their actual bad behaviours...
Just proud of being evil.
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Maadik Hugiis. IQ 69.
  • #512
  • Edited 8:16pm Jun 30, 2020 10:23am | Edited 8:16pm
Oh yes. I'm not on the edges, but I'm less often in the center now... at least.

Oh yeah, hold my beer
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  • #513
  • Jun 30, 2020 8:44pm Jun 30, 2020 8:44pm
Sometimes the middle cannot really be avoided, but then, positioning near the edges becomes possible.
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Maadik Hugiis. IQ 69.
  • #514
  • Jul 1, 2020 11:46am Jul 1, 2020 11:46am
Quoting MoneyZilla
Sometimes the middle cannot really be avoided, but then, positioning near the edges becomes possible. {image}
Oh look at that! Your signals are so tight! I mean... during range you have like 10-20 pips in between them??
  • #515
  • Jul 2, 2020 2:24pm Jul 2, 2020 2:24pm
Quoting MoneyZilla
Sometimes the middle cannot really be avoided, but then, positioning near the edges becomes possible. {image}
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  • #516
  • Edited 9:49pm Jul 2, 2020 9:31pm | Edited 9:49pm
Quoting Meyney
{quote} {image}
Yes, Market Harmonics. That happens pretty frequently... until we pick the wrong leg
There's a thread there that deals with it pretty well...
It's called Market Harmonics from Mr. Pip.

What pisses me out about that topic is that sometimes It gets really, really subjective to define a leg. I mean, the retracement on that image could took like 100 candles and at this point I would already have another projection in my sight . But dunno. I'm not pro to have all the answers.

Maybe establishing a limit of candles to define what is a retracement at that given timeframe to complete the harmonic movement would be nice.
  • #517
  • Jul 2, 2020 10:44pm Jul 2, 2020 10:44pm
Quoting Offujimori
{quote} Oh look at that! Your signals are so tight! I mean... during range you have like 10-20 pips in between them??
-20/-25 pips is the max.
Maadik Hugiis. IQ 69.
  • #518
  • Jul 3, 2020 12:28am Jul 3, 2020 12:28am
Quoting DemandSupply
Hi MoneyZilla, '''Many positions in hedging will sink you down in days or weeks. Careful. Hedging is already hard to start. Especially at this point you are very vulnerable. Especially, if you are in lack of your own vertical signals system (above average)... or you have issues with finding the dominant side?"" Thats an eye opener and just as I thought. I need to work out to find the vertical signal system and the edge on the dominant side. Thanks a lot for your valued guidance and thoughts. Regards
Hi MoneyZilla,

Have been having sleepless nights trying to find the vertical signal system and the edge on the dominant side. The maths equation you gave seemed so simple, but implementing it on a live chart seems next to impossible though it is not. I have made no progress so far successfully.

Regards
  • #519
  • Edited 11:22am Jul 3, 2020 1:45am | Edited 11:22am
Quoting DemandSupply
{quote} Hi MoneyZilla, Have been having sleepless nights trying to find the vertical signal system and the edge on the dominant side.
Welcome to the thread .
I think I can help you with some questions .
I'll put and edit gere tomorrow. 4am here now. Need tô sleep.

EDIT: Well, I was about to write about some nice things and data here, but I gave up. It seems that sooner or later that thread may be infected with a bunch of non-profitable "all knowners" that have the answers for everything but does not make money and do not admit it. So, fuck me right. I don't make money. Who am I?

Quoting MoneyZilla
{quote} -20/-25 pips is the max.
What? 20 pips?? You are the master of fake signals filtering.
  • #520
  • Edited 9:15am Jul 3, 2020 4:01am | Edited 9:15am
Quoting Offujimori
{quote} Yes, Market Harmonics. That happens pretty frequently... until we pick the wrong leg There's a thread there that deals with it pretty well... It's called Market Harmonics from Mr. Pip. What pisses me out about that topic is that sometimes It gets really, really subjective to define a leg. I mean, the retracement on that image could took like 100 candles and at this point I would already have another projection in my sight . But dunno. I'm not pro to have all the answers. Maybe establishing a limit of candles...
ok perhaps the bigger picture is more clear. By the way: this is not Harmonics.
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