Ray's amnesty page

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immy
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Re: Ray's amnesty page

Unread post by immy »

Fantastic infograph
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Three new service levels in my business proposition

CHEAP FAST GOOD

You can only choose 2 of the 3

If it's cheap and fast it won't be good
if it's cheap and good it won't be fast
if' it's fast and good it won't be cheap

Your choice Mr Client.
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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Tomi
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Re: Ray's amnesty page

Unread post by Tomi »

In many cases that sure is universal truth Ray. To be slightly pessimistic it's not even client's choice. For masses TV marketing defines what people "need" and want to buy.

However, I like to think there's a better approach. Combine cheap, fast and good to one approach: close enough. Close enough can mean different things for different people but for me close enough means cheap enough, fast enough and good enough. People should shut down TV and pick that one ~o)
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

I do agree, I've had a week of it though........... A client who wants fast, whom I visited 4 weeks ago this morning on a non-trading day to do urgent business, at 12 hours' notice but who still hasn't sent back all his contract documentation and wonders why nothing has happened.........A client who found the gold medal award solicitor who was meant to be cheap but who subsequently messed up his lease agreement and it's now in the hands of a barrister and an expensive law firm to un pickle .etc etc etc.

Cheap, Fast, Good, or optimum, "your near enough" perhaps which is a compromise, a fudge eh? But we have to try and get a bit more than 2 out of the 3 components of the service levels in order to achieve satisfaction.

I agree about TV

hence this other picture which I think is good
2016-11-19_0957_successfuls.png
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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acceleratum
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Re: Ray's amnesty page

Unread post by acceleratum »

Im all in the green ! Great stuff!
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Further to this article (Reuters) http://in.reuters.com/article/india-gol ... NKBN13E09I
there's an argument going round that India might ban imports of gold.
They buy 700 tons/year
http://www.marketwatch.com/story/potent ... 2016-11-22
If they stop, bang goes the gold price ! ?
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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immy
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Re: Ray's amnesty page

Unread post by immy »

wiseambitions wrote:Further to this article (Reuters) http://in.reuters.com/article/india-gol ... NKBN13E09I
there's an argument going round that India might ban imports of gold.
They buy 700 tons/year
http://www.marketwatch.com/story/potent ... 2016-11-22
If they stop, bang goes the gold price ! ?

And when a pair/instrument looks like it is on Gold D1 chart... all you need to do is trade Setups like the picture below... its just so awesome... it does not fail to amaze me and its been working for decades... 6years just for me.
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
wiseambitions
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Posts: 1127
Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page

Unread post by wiseambitions »

Yes what a rout

I often wonder why we spend time looking at all the other 109738 indicators and 338178973 ways of trading them when we have S1 to go by.
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Have a Happy Christmas folks, and a brilliant year in 2017

What more are we looking for? I keep thinking about my 1% a day roll up calculations. Whereby an account can be multiplied by 11 in a year.

Surely we know how.

S1 classic set ups. Breakouts of S&R , especially at the same time as the next TF up. Far less subjective than all the diagonal trend lines people on other sites seem to imagine. I've been poked with enough Andrews' pitchforks in my time!

And the right MM and discipline!

That's a good enough system for me, just got to stick to the PLAN !
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
User avatar
wiseambitions
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Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page

Unread post by wiseambitions »

I thought I'd signed off for Christmas yesterday, however I had email from the illustrious SNorm today as below. I wondered if his strategy was being discussed anywhere on here?

Festive Seasons Greetings to All

After far too many years in development and testing, eWavesHarmonics (eWH) is now available to purchase.

eWH incorporates everything that I use for trading, so I need no other indicator to make informed technical trading decisions; on any timeframe. The Beta users have given terrific feedback about the tool, reporting some superb trades. If you’ve been bogged down with cluttered-screens and too many indicators, you should find eWH to be a game-changer.

Click here for more info: http://www.for-exe.com/ewavesharmonics.html

I wish you and your family a very merry Christmas and an amazingly successful 2017.

All the very best to you
Steve
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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