Hi, I’m back! After a few months of introspection, during which I tried to convince myself that my intuitive way of trading is wrong, I tried technical analysis, fundimentals, news trading, you name it I tried it and wiped out numerous accounts along the way.
Then I switched back to my intuition and voila!
BTW what do you do while waiting for the ideal setup to occur?
Now I have a suggestion, Lets have a competition in which we aim to be the quickest to turn say $5000.00 into a million. There does not have to be any prizes although that will be an added incentive.
I think that pressure is second only to live trading. Then I will know if what I do works consistently or not. In my mind it works, but … nobody else agrees.
Everyone has his or her strategy and with this competition, we’ll learn a lot I think.
Abner has what we call “delusions of grandeur”. :rolleyes: I’ve never seen or heard anything about his almighty system. Then again if he has a system that wins 100% of his trades, I’m not sure why he feels the need to come here and take a **** on us with every post… http://forums.babypips.com/search.php?searchid=271624
This quote he made about himself sums it right up:
[B]“what can i say -------- i’m a asshole, but i’m an asshole that makes alot of money”[/B]
Just kidding bud
Seriously though, I’m game for the competition. I’m already keeping track of my wins/losses anyway so why not? Turning $5,000 into $1,000,000 might take a while though… (I’m estimating about 4 years ;)), why not start off by making it first one to double their money? Although then it would probably be won by someone with a demo account taking ridiculous risks just to win…
hey lagger if you trade with intuition there is a great thread you can read. dnt get me wrong im not trying to chase you off. This guys name is FTI and he is th real deal, a 30+ year bank trader and he preaches about being nimble and how “trading systems” are to ridgid for such dynamic and moving markets. He trades live and Ive seen him in action he is no bull**it. Im not as discretionary so I like to have rules to play by but you may not.
check out his thread if you get a minute it is on ff and it is titled technical fallacy or something like that it is under the forum forex discussion.
his main methods are derived from the art of war by Sun Tzu and a ton of intuition.
good luck, john