TYG's Story: Thoughts, Trades and Technicality

[AphoristicArmenian]

@PipMeHappy

Still here (occasionally)!

@TYGMedia

Dunno, how many real traders are in BP.

Not enough to attract and retain many others, I think. And that’s probably the “make or break” figure, for a forum?

I don’t know - I see a lot of bad talk, now, in other places, about BP. I liked the School here so I didn’t let that talk stop me joining. But to be honest the post-count’s terribly low, and if you took away the rampant AI-bots and overtly promotional stuff, there’s precious little else, really?

@TYGMedia

Many will assume we want to sell something

I can see both sides of that issue.

A lot of people removed from other places for being overtly spammy do find they can do that here and survive, don’t they? Unlike you, they’re undoubtedly here to do marketing, and you can understand others being sick of that?

That makes it hard for any forum to attract and keep active members.

Maybe these things go in cycles, though?

The brief flood of interesting, high-quality posting that tempted me to join just a few weeks ago seems mostly to have dried up, now, so let’s hear a little more from you guys!

[PipMeHappy]

Hello AA, and @Sufshiken

Yes, a few of us are still on BP after the other forum where we had gathered for four years closed down in late 2023: that would be @peterma, @SovoS (formerly Manxx), @eddieb, and I: as it was a small forum, we all tried to make it a nice, personable experience, with real conversations that did not feel swamped by thousands of posts.

However, we eventually found that a forum needs a critical mass below which there are periods of inactivity that can drag for days or weeks, and that is what killed the forum in the end.

The opposite of that is a high turnover of members asking quick questions and then falling silent… which makes any serious networking and a sense of developing community spirit impossible.

I remember leaving BP in despair as question after question would continuously flood the trading threads, e.g. ‘Can you make money in forex?’, which got a bit annoying in the end.

People who are serious about trading do not hang around forums looking for answers and get wise about the value of their time, hence why the everlasting quest by newbies on here for ‘experienced’ members to answer their questions and guide them to the path to riches is inevitably met with very few people actually available to do that… Members like @emeraldorc , who actually work in the sector, left early on after they were too busy in finance to be hanging around a forum… That is the situation on BP.

There are indeed genuine connections to be made here, and the School is worth doing at the start, but in the end you have to walk on your own legs and not be dependent on the approval of others… That is why maintaining a forum’s relevance as both a welcoming place for newbies and a place where experienced members are actually attracted to post is a difficult balancing act that is not always possible to maintain.

Sorry, long post!

PipMe

[TYGMedia]

Hi @AphoristicArmenian,

Nice to know you Lately, it’s getting harder to have good interaction with stranger in any forum
I was actively giving response to others, but I’m limiting myself, since I got many unpleasant responses. I wasted my intention to help instead for being bullied by trickster. We are all stranger to each others, it makes us hardly can differentiate who really need answer or a joker who just want to have fun.

I’m not opposing to have joke with others. I believe, there are time and place. I love to make joke and teasing others too. Just like how I like to joke around with Ms. @Penelopip ( please don’t suspend me )

@AphoristicArmenian

I don’t know - I see a lot of bad talk, now, in other places, about BP. I liked the School here so I didn’t let that talk stop me joining. But to be honest the post-count’s terribly low, and if you took away the rampant AI-bots and overtly promotional stuff, there’s precious little else, really?

As I know, babypips is the only one provide comprehensive knowledge for beginner to start forex. I haven’t found one that close to it. The problem with forex trading is we need experience. Experience means we need guidance. Forum is the answer for it. Many beginners have urgency to make money straight away after a short period of time. Being impatient, can be the reason for them to bad marking BP. The bad reviews could also from them who failed to do marketing in BP or competitor.

In short, there are many unreasonable person, they are hating BP but they are still use BP. They make a fuss just to venting their hatred. I’m not judging them. This is my nature since I was in faculty of psychology.

@AphoristicArmenian

A lot of people removed from other places for being overtly spammy do find they can do that here and survive, don’t they? Unlike you, they’re undoubtedly here to do marketing, and you can understand others being sick of that?

Yup, I’m agree with you. By hook or by crook, we have to make money for living. It’s just an unfortunate event they have to do thing that annoy others. It makes thing become harder to attract active members.

@AphoristicArmenian

The brief flood of interesting, high-quality posting that tempted me to join just a few weeks ago seems mostly to have dried up, now, so let’s hear a little more from you guys!

This one is tricky. When we post something “rich”, we will be suspected by some to have hidden “motives”. One or two years ago I was in a telegram group, developing Fee EA for fun. As it’s for fun, the EA got attention from owner and some senior developers. Perhaps it was a jealousy, one of the senior developer started to make problem, scrutinized every detail, looking for mistake. He finally won, I quit the after being slandered.

I believe this is nothing to do with BP’s Administrator, but only by few of irresponsible members. It happens not only in BP, but to all forums.

[TYGMedia]

@tomo22

hi @TYGMedia, yes i have discord its tomo0479

Hi @tomo22,

I have PM-ed you

[tomo22]

hi, @TYGMedia,

thank you very much

hello @AphoristicArmenian and @PipMeHappy, it is nice to meet you both.

[Sufshiken]

Thanks @PipMeHappy for your detailed reply.

@PipMeHappy

There are indeed genuine connections to be made here, and the School is worth doing at the start, but in the end you have to walk on your own legs and not be dependent on the approval of others… That is why maintaining a forum’s relevance as both a welcoming place for newbies and a place where experienced members are actually attracted to post is a difficult balancing act that is not always possible to maintain.

I agree with you. I also heard about BP in one of the groups at investing.com and joined it in 2017 because of their School of Phipsology.

@PipMeHappy

People who are serious about trading do not hang around forums looking for answers and get wise about the value of their time, hence why the everlasting quest by newbies on here for ‘experienced’ members to answer their questions and guide them to the path to riches is inevitably met with very few people actually available to do that… Members like @emeraldorc , who actually work in the sector, left early on after they were too busy in finance to be hanging around a forum… That is the situation on BP.

When I joined the BP, there were healthy conversations between the senior and experienced forum members among themselves or with the new members —, however, such activities, between the senior members at BP, are rarely seen on the forum.

Perhaps, most of them have left BP or are inactive now. I think the owner or the senior staff of Babypips should re-evaluate the current situation.

@PipMeHappy

Yes, a few of us are still on BP after the other forum where we had gathered for four years closed down in late 2023: that would be @peterma, @SovoS (formerly Manxx), @eddieb, and I:

I was not aware that Manxx has rejoined the BP as @SovoS. I think he has recently welcomed me in one of my posts, which I posted in a different thread. But, he didn’t mention that he was Manxx.

Nice talking with you PipMeHappy. I think seniors should make a private group at BP to communicate with each other. What is your thought on it?

Sufshiken

[TYGMedia]

@Sufshiken

I think seniors should make a private group at BP to communicate with each other. What is your thought on it?

Hi @Sufshiken,

I think BP allow us to create private group. The problem is it can be an issue or later be accused for selling private membership or private premium group

It’s more about the attitude of member, trust issue is also started to get involved. What I see, public forum is good to find people who have the same interest. Later on, we invite them to private group to talk thing deeper.

Probably BP can facilitate a group only for certain member to join. The problem is how to manage it? What is the benefit? Will it be compromised by outsider to sneak in?

Even now, during trade, visiting BP is such a relief after monitoring chart. I can’t leave my trading office, but having interaction with others can help easing some tension.
Sharing chart, making video content and making friend will actually help but it becomes source of conflicts.

Early on I wanted to show my live trade, but later I cancel it, avoiding to be accused to sell signal. Some asked my monthly profit, I show it, including the proof. Later on other told, showing trading result means a trick to attract others to buy my service.
Asking my monthly profit, I gave a number and proof, it wasn’t a thanks but bullied by question, if that is the result, why I am not as rich as Elon Mask? Can you imagine so much negativity here? Unfortunately, I believe, no body can control it.

I have some friends who also full time trader. As many tells, full time trader won’t be active in any forum. Don’t consider me as experience trader, but they are trading everyday as an institution or individual. They post their analysis almost everyday in their forum as a free or premium signal.

I’m started to believe, most forum visitor, just want to make sure they are the right one. The intention is not learning, but want to be the truth. You can try to read contents in BP, mostly fighting about opinion, not about learning.

It’s about time, when we have enough, we will leave the forum, including BP.

[Sufshiken]

Hi @TYGMedia

@TYGMedia

I think BP allow us to create private group. The problem is it can be an issue or later be accused for selling private membership or private premium group

I think this is a group of 15 members at BP.

https://forums.babypips.com/g/Conversationalist

[SovoS]

@Sufshiken

I was not aware that Manxx has rejoined the BP as @SovoS. I think he has recently welcomed me in one of my posts, which I posted in a different thread. But, he didn’t mention that he was Manxx.

I rejoined BP back in 2020 as “SovoS” and “Manxx” was well before even that! And in forum terms that is a long time, and therefore no point in mentioning a name that no one would have even heard of, let alone remember, and why should they even remember it - so there is no point in mentioning it to anyone.

There is nothing wierd about it. When I moved on to elsewhere I asked the moderators to delete my Username “Manxx” and they converted it to an “Anonxxxx” number instead (those old posts are still here somewere).

So when I rejoined (mainly driven by a new interest in the prop firm industry) I had to take a new name, which is now “SovoS”.

Unfortunately, certain events that have now recently come to light have disappointed me so much that I am no longer posting here at all.

Namely, three Usernames that I had been conversing with were suddenly banned as “sockpuppets”. I find that so distasteful. Why such people have a wierd need to create and use multiple Usernames and pretend to be different people is totally beyond my understanding.

It was also mentioned that the main person behind such activity is still here on BP and that is too much for me to take. I still suspect that there are (at least) four Usernames here that are in fact that same one persons.

I find that the Discord groups on prop firms are much more reliable because one cannot be there or write there without an account so everyone is, in that sense, verified as genuine. And they are generally tightly moderated, too!

I just wanted to clarify that - and I am glad that both you @Sufshiken and @PipMeHappy are back on BP. Best of wishes for a great future to you both and to other, genuine, posters here!

[Sufshiken]

@SovoS

There is nothing wierd about it. When I moved on to elsewhere I asked the moderators to delete my Username “Manxx” and they converted it to an “Anonxxxx” number instead (those old posts are still here somewere).

This happened exactly to my account when the moderator deleted my username on my request during 2020.

@SovoS

So when I rejoined (mainly driven by a new interest in the prop firm industry) I had to take a new name, which is now “SovoS”.

I also rejoined with the interest in the prop firm industry. But, when I read the views of forum members on other threads and also in my thread related to the prop firms, I am reluctant to start a prop firm challenge, although I have completed their free trial demo account target within three days.

@SovoS

Unfortunately, certain events that have now recently come to light have disappointed me so much that I am no longer posting here at all.

Namely, three Usernames that I had been conversing with were suddenly banned as “sockpuppets”. I find that so distasteful. Why such people have a wierd need to create and use multiple Usernames and pretend to be different people is totally beyond my understanding.

I noticed two lady members’ accounts were recently suspended for Sockpuppeting. I also observed that both the members were liking and commenting on the same thread simultaneously.

@SovoS

It was also mentioned that the main person behind such activity is still here on BP and that is too much for me to take. I still suspect that there are (at least) four Usernames here that are in fact that same one persons.

I think you should report them to the moderators.

@SovoS

I just wanted to clarify that - and I am glad that both you @Sufshiken and @PipMeHappy are back on BP. Best of wishes for a great future to you both and to other, genuine, posters here!

Thanks Manxx or @SovoS for your well wishes and best of luck to you too.

Sorry @TYGMedia, my intention wasn’t to derail your thread.

[TYGMedia]

@Sufshiken

Sorry @TYGMedia, my intention wasn’t to derail your thread.

Hi @Sufshiken,

No worries. Btw, can you PM me, the Sockpuppeting accounts that recently suspended?

I’m wondering how many real people are actually accessing BP?

[Sufshiken]

@TYGMedia

No worries. Btw, can you PM me, the Sockpuppeting accounts that recently suspended?

Hi @TYGMedia, I do it

[TYGMedia]

@SovoS

Namely, three Usernames that I had been conversing with were suddenly banned as “sockpuppets”. I find that so distasteful. Why such people have a wierd need to create and use multiple Usernames and pretend to be different people is totally beyond my understanding.

Hi @SovoS ,

Care to share their usernames with me? If it’s not convenient, you can PM me …
Thanks in advance

[SovoS]

@TYGMedia

Care to share their usernames with me? If it’s not convenient, you can PM me …
Thanks in advance

The Usernames of those banned are no longer relevant and I do not wish to prolong discussion about them. It is a very sick practice in my opinion and if one talks about it then one only gets manure thrown back at oneself (possibly/probably by those directly behind such behaviour)

But below is what the “boss” answered about the issue after other users protested about those people being banned. In my opinion such a user should be banned immediately and not tolerated. They are a cancer on forums like this and will never change because multiple accounts is how they function. Cut out a few and soon new ones appear - accts that are here for only a few days and already know the entire history of problems going back years! You can usually spot them very quickly because they are first to start throwing the garbage can. I really don’t care about these people, it just removes any motivation or reason for posting here…

As far as I am concerned, if I cannot be reasonably sure about the authenticity of the people I am talking with then I do not wish to talk at all!

It is a pity, the markets, post Trump’s start, are offering amazing opportunities in many fields whether it be indices, XAU, BTC, WTI, or currencies - so much to talk about - and yet people seem far more concerned with bitching and criticising others about their views than talking about markets. Kind of says a lot about the ulterior motives of such people. Not a nice place to be for ordinary trader folk

And that is my last word on the subject - or on anything else. (I only answered this because a notice of your post came to my e.mail).

@Pipstradamus

Maybe the question we should be asking is why the member in question feels the need to create 5, 6 and ,7 accounts in the first place.

Why not just maintain the one account and use that accordingly?

At least one answer is because that member has learned he/she can game our moderation system and likes to drive the narrative and direction of topics he or she is involved in, in favor of their own “shared” and “correct” viewpoint, often bullying members with different viewpoints into submission using this team of accounts. This team also creates artificial support for those viewpoints, because instead of a single account making a statement, now there’s a team that agrees and supports that viewpoint, often against other user’s viewpoints.

Many members have left in direct reaction to this single member, repeating the behavior over and over. We know this because they’ve stated if publicly and privately to our team. This user also easily produces over 75% of all flags for our mods to review while simultaneously complaining about the quality of the forums, moderations efforts and the like. Many of those flags are legitimate, and are a big help to our small team, but the nature of the reports themselves are an unnecessary burden on the team, as they simultaneously demand action while ridiculing our team and philosophy of moderation.

I’ve mentioned to this user over and over that there’s a balancing act, where their “efforts” on the scale of community “value” and “pain” have unfortunately tipped down on the pain side and require action on our part.

And we reached that tipping point the other day and banned a few accounts.

I’m sure you’ve all interacted with this user, knowingly or not. Please share this message with him or her. We’re happy to have them here, but using a single account would be more beneficial to the overall health of the community.

[TYGMedia]

@SovoS

And that is my last word on the subject - or on anything else. (I only answered this because a notice of your post came to my e.mail).

Hi @SovoS,

Thanks for your sharing. At least, I know what is happening. Since I got bullied, I have no involvement outside my thread … All the best for you trading journey

[PipMeHappy]

Hello everyone…

Gosh, sorry to hear that this happened to you Manxx aka @SovoS .

I wonder who the mysterious master/mistressmind behind it all was…

I hope that they will leave and the bans will help drive them out for good.

Take care out there
PipMeHappy

[TYGMedia]

Trades: BTCUSD May 8th, 2025

Even though there is no fundamental, BTC is always attractive to trade with. BTC is not my favorite pair, but during slow market, I will peek BTC to grab something for snack.

BTC is recovering from correction momentary. Accumulation from institutions give fresh wind to rise up the price. When direction is clear, buy some of it during the early dip will be benefit.

[TYGMedia]

Thoughts: Market Overview May 8th, 2025

Market is quite boring, we can only eat some free cookies. This is the reason many has doubts to make a living from trading.

When we see market is fluctuating in within its range, we have no enough momentum to catch profit. When other stop trading, market is actually telling us to switch our perspective. Different perspective means different risk, trader is like a chameleon, we adapt our skin to match the environment.

May 6-7, 2025 FOMC Meeting

[TYGMedia]

Thoughts: The Threat Behind Bitcoin

When it becomes popular as alternative instrument, it’s always debated for the way to evaluate its value. Compare to other instruments, we can calculate their intrinsic value. Bitcoin has no intrinsic value. We love it because it moves base on real supply and demand, market mechanic. The truth is, the assumption is valid for small retail trader, while the dangerous of it beyond understanding for most of all.

The first thing dangerous about bitcoin is its infrastructure. Bitcoin is alive because of the infrastructure, supported by miner. Miner will mine new bitcoin block as a reward of every transaction on the network. During mining activity, electricity and hardware are the primary cost. The longer BTC is alive, the process of mining BTC will be more difficult. If the cost component is no longer match with the reward, surely no party will host a miner for free.

The second thing is, when there is new platform can replace the purpose of BTC, surely BTC will be fallen. Luckily there are no such thing for now, event there are few candidates for it. It won’t be happen for at least 5 years ahead.

The third thing is nobody understand why and how it work. Everyone mostly think of value storage as the primary issue, which it’s not valid by itself. Everyone think BTC too high, but the technology itself so fragile. BTC itself is actually the fight between two cults: miner and adopter. Many countries regulate cryptocurrency as commodity, which is not actually far from it.

Many things about BTC is still unsettling. I’m not against BTC, but extra careful to deal with this instrument. Most people involve in BTC because of one thing, it can make money fast … in the past.

[TYGMedia]

Technicality: Live Trading Simple Strategy

Always being question, what to do as beginner to trade here. What is the strategy? Leverage? Mentality and …???

So many question, repetitively asked without answer. Looking for mentor, but no mentor available. When there is mentor, nobody can trust, when there is lesson, the person is always been questioned what the motives behind. Pretty complicated, isn’t it?

Just for the sake of fun, simulating what a beginner does to learn trading. We try to shape a strategy from indicators, develop the stats and improve the strategy along the time.

Starting Point

How to start? After a long consideration, finally i choose Bollinger Band, MACD, MA and Stochastic as the starting point. They are considered because their simplicity.
Why do I start with them, not from only one indicator? I want to be time effective and fast to develop strategy.

Trading Instrument

Next thing to consider is instrument to trade. For beginner, Major Pairs are the best option for beginner, we have EURUSD, GBPUSD, USDJPY, USDCHF and USDCAD.
GBPJPY, AUDCAD, EURJPY, EURCAD can be considered as well as alternative instrument. Finally XAUUSD is also good alternative.

Different instrument will have different movement, so different strategy will apply.
If we are really a beginner, start with max 3 instrument.

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Until next time, update the progress … when there is no conflict