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Flying Dutchman

  • #2,381
  • Jul 21, 2022 3:37am Jul 21, 2022 3:37am
Quoting Viktory
Hey Ryu! I totally agree that trading CFDs of cryptos is absurd in most cases (because of higher costs, lower speed, bad execution, imprecision and lack of volume inside tricky bucket shop "brokers" with fake markets [lol, not even real]; so yeah, why the hell do it in the first place, when real cheap-accessible crypto brokers exist with the best trading conditions, proper data and tools), but taking about the "challenge", maybe you could use Binance or Bybit to make your calculations and decisions (as Rick has done in the past from Futures to Forex),...
As you know I don't believe in magic. Prop firms here because it is about to impossible to open broker. It is very expensive. There are a lot of obligations, rules etc. But it is easy to open prop firm. Their business is to take money from newbies. The difference between broker and prop firm is that prop firm is demo. Also the conditions for traders worse, because they add their "rules", like "do not hold the position on weekend" and "not more that 5% dd". And so on. So in terms of math if you compare broker and prop firm then if with broker you have 40/60 chance to win with prop firm it is 20/80. It is the same like pocket options: same ship but additional thing added - time. And it works against you. As you know broker already has positive expectation and trader has negative. So adding more against myself - look like idiotic, not?

Next. Why I need prop firm? For what? Here we have classic psychological problem: if I'm good in trading I don't need it. If I'm not - yeah, I'm their client for sure.

Next. About all that shit mt4 thing. I don't need mt4 to trade. I don't want to waste time and money for scam company named MQL5. I'd better spend my time and money for girls. That black box called mt4 and their mql language are just a scam garbage.

So, to waste my time for some idiotic challenge I need at least code everything I have for mt4. I don't see any reason to do it. Also it is impossible to trade crypto on forex because of margin requirements, spread and swap. So my approach will not work. I need to recalculate everything. And again the question: what for? Why waste time for that? What is the prize? To show idiot like moodybot that I'm good in trading? But I don't need it. Let him lie himself and draw stupid lines. In his dreams he is profitable trader. So why not? Let it be. I'm not a doctor and I don't care about psychological problem of the clowns from FF.

Quoting moodybot
{quote} You have said time and again that one cannot trade Forex without volume. Mixed bags has met you half way and suggested BTCUSD which apparently does have volume. Man up and take the challenge! If you can’t afford the entry fee, borrow from Rick! Or crowd fund!
Here we have again same thing: you don't know what are you talking about. You are not a trader. You never trade real money. Because if you do there will be no such an idiotic messages on the forum.

1. It is impossible to trade crypto on forex becasue of spread, swap and margin requrements!!! Can you use calculator?!?

2. Who said there is volume on crypto on forex broker? Can't you understand that there are no volume data on forex? How the hell you smart ass SEE IT? You are so great trader that you "feel" the volume? Sure sure

What challenge you want from me? May be challenge how to use calculator at first?
Observer effect
  • #2,382
  • Jul 21, 2022 5:15am Jul 21, 2022 5:15am
Quoting ryuryu
{quote} As you know I don't believe in magic. Prop firms here because it is about to impossible to open broker. It is very expensive. There are a lot of obligations, rules etc. But it is easy to open prop firm. Their business is to take money from newbies. The difference between broker and prop firm is that prop firm is demo. Also the conditions for traders worse, because they add their "rules", like "do not hold the position on weekend" and "not more that 5% dd". And so on. So in terms of math if you compare broker and prop firm then if with broker...

You were given a chance Rudy, to advertise your products on this thread, considering your own thread has died a death.

Twee deemed it right that your thread should be reinstated, most likely from broker advertising pressure rather than from a quality read. A poor decision. You should be in Commercial Crypto.

As a scam artist who has had his momentum pulled from under him (no volume indicator required on that one) you have been given enough chances to interact with perhaps genuinely interested people.

Unfortunately you do not have the maturity or common sense to interact with any degree of decorum within the same circle as those posting in this thread so to prevent further pollution, your comedy act has been terminated.

I’ll leave the links to your Commercial IB products within this thread for interested parties.

Any other hot gossip that I come across will of course be referenced to you, you’ll just have to bullsh1te your way out of it on your own thread.
  • #2,383
  • Edited 8:08pm Jul 21, 2022 7:24pm | Edited 8:08pm
Quoting whitesta
Hi HTG, I don't think anyone can predict the future with 100% guarantee. Its all about probabilities. George at times used to say that price will go in a certain direction with 99% probability. Its all about the time and effort some of the traders have put in to predict with certain probability.
Hi whitesta, I happen to read this again that stirred my mind, so allow me to explain.

If we look at coin flips the probability is always 50% head or tail, due to random event.

If we believe anything can happen with price then we believe this Forex market is random.

If we believe price is not random and we base our belief on collated data that such and such will happen at whatever probability then we cannot at the same time say "anything can happen", that's a contradiction.

It's a common contradiction mistake that people make that tend to mislead.

When George says 99% probability, what he meant is based on his research work, the collated data shows this high probability of occurrence(which has already taken into account this "anything can happen" event).

That's why we must work with objectively quantified models that can be robustly tested to determine the probability. We have to keep in mind to avoid curve fitting.

The point is, market is either random or not. If it's not random to you where you believe in probability of events then citing "anything can happen" which is already accounted for is a contradiction.

The casinos play their random games with >3% house edge. In the coin flip game, if the coin is loaded to favour our bets with 5% edge, we can make a lot of money. Small edge makes big profits, while we strive for larger edge there's never a need for 100% probability in speculation and gambling activities.

Last, as traders we don't predict, instead we trade the probability that give us the edge. Which brings us to this question,

"where is the edge on the chart?"

Prediction or "guessing" is not relevant. Cheers
Know what you trade
  • #2,384
  • Jul 21, 2022 9:21pm Jul 21, 2022 9:21pm
Good to see the second bag of trash tossed out...
Master your Mind,,,Master the Market
  • #2,385
  • Edited 10:48pm Jul 21, 2022 10:33pm | Edited 10:48pm
Quoting FXEZ
The better question is what is the true nature of price series - and what are the exploitable characteristics of the underlying nature?


Can future transactions be predicted before they happen? This is the stuff that trading edges are built from -
I keep coming back to this post.

ECB rate hike.
https://www.cbc.ca/news/business/ecb...527325?cmp=rss

E$ day high 1.02781.
Quoting BWilliam
About E$, this is a good question posed last weekend. HTG posted the correct h4 chart. Target is 1.0277, then market decide whether to take it higher or not.(this is not a trade signal)
I have posted many such future price valuation levels. (This is my final live call)

The point I try to make with all these live calls is to demonstrate that this forex market is a highly supervised and regulated market. And it's possible to know ahead of time those metrics. A knowledge of future event that give the edge - example of what retail traders trade against the institutional MS pro traders armed with the best brains and resources. Cheers
Attached Image (click to enlarge)
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Know what you trade
  • #2,386
  • Jul 21, 2022 11:26pm Jul 21, 2022 11:26pm
Quoting BWilliam
{quote} Hi whitesta, I happen to read this again that stirred my mind, so allow me to explain. If we look at coin flips the probability is always 50% head or tail, due to random event. If we believe anything can happen with price then we believe this Forex market is random. If we believe price is not random and we base our belief on collated data that such and such will happen at whatever probability then we cannot at the same time say "anything can happen", that's a contradiction. It's a common contradiction mistake that people make that tend to...
Thanks BWilliam..Yes most of us are looking for that edge on the chart.
  • #2,387
  • Jul 22, 2022 1:47am Jul 22, 2022 1:47am
Quoting venkatredy
{quote} Good Morning Pete How r u i hope you & your family are doing well with good health Will this target theory work on option trading as in option price should move fast to get nice premium In case price consolidate after trade entry premium decay
Options buying needs a winning price target as well as a time target. Delta (a calculating indicator of time premium) information will help you plan both. You have to enter and exit quickly even if the price target is not reached. Like in a horse race. You don't want the options to lose time premium. If that happens, it will be your loss. Risk is capped to the price you pay for buying options. Even if your target is achieved but with a delay, you will still lose.

Options selling needs a price target to sell expecting the price to stay there or decrease to profit from the loss of time decay. You don't have to worry much about the time factor. Risk is theoretically infinite (in practice, it is not so) and needs a lot of margin capital.
Practice makes a person perfect
  • #2,388
  • Jul 22, 2022 9:25pm Jul 22, 2022 9:25pm
Would anybody here looking in who has benefited from Rudys indicator, discord group or IB Links please make themselves known, if possible with documented evidence of an improvement in their trading?

Know one as far as I know has said so publicly.

Just interested to know what you’re thoughts are.

Thanks.
  • #2,389
  • Jul 22, 2022 10:28pm Jul 22, 2022 10:28pm
Quoting moodybot
Would anybody here looking in who has benefited from Rudys indicator, discord group or IB Links please make themselves known, if possible with documented evidence of an improvement in their trading? Know one as far as I know has said so publicly. Just interested to know what you’re thoughts are. Thanks.

Hi Moodybot , today i decided to post my thought about@ Ryuryu. First of on , I would like to thank you very much for open your thread and help so much traders here .You have been in this FF room long enough to know all the traders who is the best to the worst .Who is serious to help who was talking but never help ,just make it short , you knew every one in this FF room ,except me .Iam a grain of sand in the middle of the desert. I knew nothing about trading , even some one hold my hand and tell me how to trade , i may not know how to trade ( no one do that to me ). I was lucky enough to have more than enough traders in this FF room to help me to get where iam at now .. I have to thanks FF room to open to the public and i have change to read and learn from all of traders includes @Moodybot too.Thanks @Moodybot for being here until now .I would like to thank you whoever have been helping me .@Moodybot you know already no traders want help newbie like me ,it is very hard to help new one but @Ryuryu did he help me to register for VPN to trade crypto @Ryuryu gave me all indicator like EMA , delta ,volume ....I can not remember how did @Ryuryu help me so much but my problem is ima not smart enough to learn from @Ryuryu , beside that @Ryuryu have patience with me too.Thanks @Ryuryu.I did not trade crypto because i live in US it is not easy to trade crypto. Today i just want to let @Moodybot know @Ryuryu is a good trader ,have a good heart , willing to take his bread and butter to give to whoever ask @Ryuryu for all he have .without hesitate to give out. Make it short @Ryuryu a man with his word "trustworthy person ,say and do at the same time". Finally i wish everyone have a nice weekend .
  • #2,390
  • Jul 22, 2022 10:40pm Jul 22, 2022 10:40pm
Quoting munchie
{quote}[/u] Hi Moodybot , today i decided to post my thought about@ Ryuryu. First of on , I would like to thank you very much for open your thread and help so much traders here .You have been in this FF room long enough to know all the traders who is the best to the worst .Who is serious to help who was talking but never help ,just make it short , you knew every one in this FF room ,except me .Iam a grain of sand in the middle of the desert. I knew nothing about trading , even some one hold my hand and tell me how to trade , i may not...
Thanks Munchie

We welcome your results from Ryu’s private teachings.
  • #2,391
  • Jul 22, 2022 10:44pm Jul 22, 2022 10:44pm
Looks like Ryan hit self destruct on here without checking in with Wick!

Now there’s a face saving operation going on over on the scam.

Just too predictable.
  • #2,392
  • Jul 23, 2022 12:03am Jul 23, 2022 12:03am
Reference post.
https://www.forexfactory.com/thread/...5#post14076105
Know what you trade
  • #2,393
  • Jul 23, 2022 12:12am Jul 23, 2022 12:12am
Quoting munchie
Hi Moodybot , today i decided to post my thought about@ Ryuryu. First of on , I would like to thank you very much for open your thread and help so much traders here .You have been in this FF room long enough to know all the traders who is the best to the worst .Who is serious to help who was talking but never help ,just make it short , you knew every one in this FF room ,except me .Iam a grain of sand in the middle of the desert. I knew nothing about trading , even some one hold my hand and tell me how to trade , i may not...
Hi munchie, what if I told you I met mai umpteen years ago, surprise? Cheers
Know what you trade
  • #2,394
  • Jul 23, 2022 4:53am Jul 23, 2022 4:53am
Quoting munchie
{quote}
but @Ryuryu did he help me to register for VPN to trade crypto
@Ryuryu gave me all indicator like EMA , delta ,volume
I can not remember how did @Ryuryu help me so much but my problem is ima not smart enough to learn from @Ryuryu

Hi munchie,

Cheers for your insights and post

But I wouldn’t be so hard on myself if I was you, even though ryu gave you all you need to trade crypto ie ema,delta,vol.

Firstly imo you should have accepted the sad truth when they told you that any serious crypto trader playing the crypto market (well, by the way ryu teaches it)
is that you generally have between …

7 seconds and 58 seconds for each trade ... (their own words) ... to identify

a 1 minute candle that FINALLY has enough volume activity around it that you can trade it.

And in reality it seems what a crypto trader really has to do AFTER their potential trade identification is
to THEN get in very quick
as all the other speed traders (with far more experience than you) are already trading/skimming the very limited cream off the top of the miniscule liquidity
(ie first in first served)

leaving slower, newer or less experienced traders like yourself having “their" liquidity still in the pool, for others to grab.

So unless you are quicker than the speedsters in that (usually they suggest 7 second to 58 second) trade opportunity window
then YOU become everyones liquidity.

Not for me all that crazy crypto market stuff lol,
(especially when I can clearly see the crypto market mechanics and, wish to trade it,
but can't because as ryu told me, "theres just no liquidity when you wanted to trade" )

so

caveat emptor, let the buyer beware, do your own due diligence

and

Probably I wouldn't believe anyone who tells me that I ONLY need volume to trade the crypto markets.

As I will also need cash (liquidity), speed & dexterity, JUST to get in front of those that are already quicker
& already skimming the very LIMITED crypto market LIQUIDITY (including my trades), BEFORE I can exit in profit myself.

Take care it seems a minefield to me.
  • #2,395
  • Edited 7:25am Jul 23, 2022 6:57am | Edited 7:25am
Quoting TimeTells
{quote} Hi munchie, Cheers for your insights and post But I wouldn’t be so hard on myself if I was you, even though ryu gave you all you need to trade crypto ie ema,delta,vol. Firstly imo you should have accepted the sad truth when they told you that any serious crypto trader playing the crypto market (well, by the way ryu teaches it) is that you generally have between … 7 seconds and 58 seconds for each trade ... (their own words) ... to identify a 1 minute candle that FINALLY has enough volume activity around it that you can trade it. And in reality...
Such an great post TimeTells !! Ive got my Saturday brain I guess, because I clicked on your profile to subscribe and couldn't find the button, and a second later all the wonderful music and shares from you came coming back to mind and, as you may have guessed, I was already subscribed... Happy Weekend. I think I'll go spend some more time in our great music thread. Been too long ! Been listening to the complete works of Arvo Pärt
Inserted Video
, which I discovered in the wondrous La Grande Bellezza (2013)
Inserted Video
Inserted Video
. Now I feel I am do for some TimeTells + Giselle Blues etc ! Sorry for cluttering the thread with unrelated content. Your post was a great read and then I guess that let myself go a bit, personal weekend privilege. I wish you a wonderful weekend mate !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #2,396
  • Jul 23, 2022 3:04pm Jul 23, 2022 3:04pm
Quoting TimeTells
{quote} Hi munchie, Cheers for your insights and post But I wouldn’t be so hard on myself if I was you, even though ryu gave you all you need to trade crypto ie ema,delta,vol. Firstly imo you should have accepted the sad truth when they told you that any serious crypto trader playing the crypto market (well, by the way ryu teaches it) is that you generally have between … 7 seconds and 58 seconds for each trade ... (their own words) ... to identify a 1 minute candle that FINALLY has enough volume activity around it that you can trade it. And in reality...
Hi TimeTells ,
Thanks for understanding me , you seem you know about me .I admired you @TimeTells.I dont need to explain you did all for me .Thanks .
  • #2,397
  • Jul 23, 2022 6:46pm Jul 23, 2022 6:46pm
Quoting mtako
{quote}
I wish you a wonderful weekend mate !
Cheers mtako, thanks & thanks for the music, will see you and G over at the house of blues
  • #2,398
  • Jul 23, 2022 6:46pm Jul 23, 2022 6:46pm
Quoting munchie
{quote}
Hi TimeTells , Thanks for understanding me , you seem you know about me .I admired you @TimeTells.I dont need to explain you did all for me .Thanks .

Hi munchie,

Cheers & best wishes to you
  • #2,399
  • Edited 11:40pm Jul 23, 2022 7:13pm | Edited 11:40pm
I have to mention that open and close lines, plus George targets IF done correctly . BW

Yes Munchie, apologize if I can not help you much about George Target understanding in nutshell, BUT George, TimeTell, BlueSteel, MoodyBoot, BWilliams, Ihlas, RickM and OTHER already TELL US so succinct and simple without any hidden agenda and NOTHING TO SELL.

They are helping me SO MUCH (I have different recipes (how to mixe them), ofc based on my timezone, my psych and my 'error' bias)

in simple 'formula' (my own version):

1. WHERE the TARGET (above and below) ? PLAY THE TARGET STRUCTURE ( its ALL about targeting fractal stop-loss pool) 1ST DEGREE THINKING
2. WHICH the TARGET (above and below) ? PLAY THE TRADER THAT PLAY THE TARGET STRUCTURE 3RD DEGREE THINKING
3. TIME BACKDROP/CONTEXT in REAL TIME. (George use price filter and grinding filter, BWilliams use CLOCK, B.Mir use timing/session, Jet Trader use call it TIMING (the Delta, one of his 3rd pillar, maybe), BlueSteel use bar counting probability and so on.

Just my own interpretation about them (dont trust me, ever)

Flying Dutchman and Price action at The Core ROOOCKS
all of them will give you real edge in coherent way.

Thaanks for ALL crew here
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