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Thread: 12 YEARS EXPERIENCE on the market

  1. #1
    traderprof is offline Newbie
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    Default 12 YEARS EXPERIENCE on the market

    Dear Friend, welcome to my thread!

    The most important thing before the journey: If you wan't to be successful in this bussiness and you are ready to LEARN a lot, this thread is yours, elsewere it's waste of time... The next pages will be everything about the learning!

    What’s my goal by this forum?

    I belive every people deserve an easy life… Every peolple in this world. You must know this forum and the forex don’t promise an easy life! It depends on you, i can show the way. At the first weeks, months, maybe years it will be very very hard. First time you have to come through some sh*t, some deep sh*t, i promise there is no other way. If you have decided you undertake the hard thinghs, you start this way, you have to be strong willed.

    After these, you will be successfull, you can make money by the forex, DEFINIETLY. The minds of peoples need a goal and they achive it. You can see that is POSSIBLE, you can check by your own eyes the trading is working, some people – who has enough strenght- make a lot of money by trading. I want to show you to trade in a right way is possible, learnable! THIS IS MY GOAL BY THIS FORUM, BY THESE TRADES. You must see and belive the forex trading can be successfull! The first times you will have nothing else like the conviction, the conviction see you through defeats! After the initial difficulity you will learn the trading, you can make enough money easy way.

    Never forget, the „EASY money making” comes after the HARD learning!!!


    Who am I?

    My name is Zoltan, i trade live 6 years long on the forex market. I live in Hungary (GMT+1). I have learnt on a financial school, after that i have met Sandro, who was a successful full time stock trader. I saw her life i have decided my way is the online stock trading. The things was very hard because my father was a two handed worker and he said: „Please find some normal job or you have to leave this house.” I start to work in a bakery but after the hard worked day i thought about my right way (It was not a two handed job ). I stared every nights the charts i painted them i printed them they were on my room’s wall. I started to do trades on my first demo account but i was almost every time on the looser side of trades…

    I had no idea whats wrong with my trades?! When i was f*ckin*g angry, i called Sandro (my stock friend), but he COULDN’T or WAN’T help me. He said nothing about my trades the only thing he said: „Zoltan, you need not my help you have to find your own system you have to check my trades by VISUAL”; and he sent me some gif files about her trades. It happend 14 years ago, and i didn’t undestand him but it was the better help ever. Sometimes the real help is very different as we think at first time. After 1 year demo account i sailed harder water, i have opend my live account on the stock market.

    All together i needed 3 f@cking hard years - after my first meeting the online trading – i become a full time forex trader on a stock market at first. I don’t call myself to protrader, i am not better like you, i have just more experience ont he market. I can say now my life is easy from the financial aspect…
    Last edited by traderprof; 03-05-2014 at 02:09 PM.
    Pattiwow888, loganv and fx2501 like this.


  2. #2
    traderprof is offline Newbie
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    About my trading system

    It’s the most hard question you can ask me. The trading (system) is like the painting… The painter can talk about her painting habits, her paintbrush, her paint what he used, about the geometry…etc for long hours if you want. BUT after at all you will be not a painter. You have to know about the geometry, paintbrush i mean it’s not the most important thing otherwise everybody will be a painter. The important part of painting the lines, the colors… etc, it have to do by YOURSELF. A painter can help you if he shows you some beautiful painting. I belive this way you can develop a new method of painting (trading) what is at least so successful. At first you try to copy the paints but after that you will know you can produce paints by your own way.

    Let’s back the trading… At first i will talk about what is NOT my „system”: This is not a lot of well colored indicators. You have to delete almost all of them you don’t need them anymore. They are from the price they are slow and in late. Who talk about these they are not traders they are illusionist.

    I can not say what’s my trading system exactly because there aren’t rules in stone. I try to explain what i am doing USUALLY (the usually and the sometimes will be the most common words ):

    Enter: I always thinking about support and resistance ZONES, NEVER a specific price! If i will enter in a trade i marked a zone and in this zone i look for some price action. I pay attention the candles, the trendlines, the round numbers, fibonacci, etc… in this zone. I think the most people look for a specific price to enter but you have to think about S/R ZONEs. One of the most important thing is entering the trade. Don’t forget: If you get on the train in a correct way you will be closer to your destination like before that’s SURE. The enter levels are price ZONES these are the keys of the trading! I usually enter the trade by manual sometimes i use limit sell/buy.

    Stop loss: My stop losses are 20-65 pips usually it depends on the market conditions.

    Exit: The take profit levels 20-80 pips. I have more take profit levels i „feel” it is the end of a movement i close. The feeling is comes by the experience.

    Take profit: At least i need a R/R=1/1. The first TP level is usually so many pips like the SL but as i told it no rules in stone… If the market doesn’t give more i take 0,8 RR. You have to improve your own skills to hear the whisper of market sometimes it’s better to close the position. Of course everybody have a lot of „wrong” decision nobody knows the future. Sometimes i quit to fast or too late… Don’t forget my fellow traders: In this bussiness are only ODDS!!!

    CAVE: One thing is the most important in this bussiness: Don’t give up too early!!! This is the key of success!!! At the first 8-20 months maybe you will feel you don’t know when to exit you don’t find the correct entry point in the zone, etc... After the practice it’s come by yourself.
    simplyadex and loganv like this.

  3. #3
    traderprof is offline Newbie
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    Eur/gbp the last week...
    Name:  140211EURGBP.jpg
Views: 1113
Size:  36.5 KB
    loganv likes this.

  4. #4
    brutus2 is offline Newbie
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    Quote Originally Posted by traderprof View Post
    Eur/gbp the last week... <img src="http://forums.babypips.com/attachment.php?attachmentid=57764"/>
    Traderprof,

    What are you trying to show with the picture?

  5. #5
    traderprof is offline Newbie
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    Quote Originally Posted by brutus2

    Traderprof,

    What are you trying to show with the picture?
    We look for/would like to look for that kind of entry points...
    loganv likes this.

  6. #6
    traderprof is offline Newbie
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    Looking for short on NZD/USD 0.8335-0.8355...

  7. #7
    traderprof is offline Newbie
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    Quote Originally Posted by traderprof View Post
    Looking for short on NZD/USD 0.8335-0.8355...
    Hit my 2 TP (40 pip)...

    Name:  140224NZDUSD2.jpg
Views: 956
Size:  37.6 KB

  8. #8
    traderprof is offline Newbie
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    Today i was far from the trading. I watched the huge movment on EUR pairs from the line. Sometimes the fewer means more. The Consumer Price Index makes a very high movments. Usually i am avoid to the trading arround the important news: this makes the price movment unpredictable and these time are high spreads...

    There will be always better opportunity, definietly!

  9. #9
    traderprof is offline Newbie
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    I wish everybody a good weekend, in this week the NZD/USD give us ~40 pips...

  10. #10
    traderprof is offline Newbie
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    Looking for long on CHF/JPY 114.46-114.76...

    SL ~30 pip
    loganv likes this.

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