InvestorsHub Logo

simplegreen

10/15/13 2:18 PM

#124156 RE: charger #124155

Good early afternoon charger..I guess I have a radically different point of view on al that...first point is I have devoted myself to trying my best to help others to beat the institutions and banks ...even in my equity days.. so I try to develop things that will foretell what the big boys are going to do before they do it.Traders themselves all lumped together cannot move the market...only the big guns move the market.I have never had a crusade to beat the big boys but a crusade to join them.I freely and joyfully share anything I can find that helps me to trade better in the hope it will do the same for others.
Next thing is we have differing opinions on the use of a successful technical development..the way I see it if it has serious merit it will only become more effective the more traders that use it...example...MACD...fibonacci retrace..and various other that are in wide use by traders worldwide....especially if the banks/institutions use it as well.
Successful technical toys really just help foretell what the big guys are going to do and the more that all traders big and small are on the same page the more successful we all can become at trading any instrument.I always have and always will share the best ideas my little peabrain can spit out...thats just the way I'm wired(LOL)

pennies2007

10/15/13 2:29 PM

#124157 RE: charger #124155

In some ways, that's probably true Charger. Take the old standard MA50 and MA200...probably used to be more powerful than they are today but with so many watching those now, they may not work as well. But with the 5 trillion in liquidity a day in Forex, the stage is a bit different. If we happen to catch onto a method that works for us retail schmoes, the big boys don't really care because even if we combined all of the retail money together to trade at once, it would only be a drop in the bucket compared to what the hedge funds and central banks throw around on a daily basis. Once we put the finishing touches on the Zone trading method, I plan on putting a website together to detail all of the information needed to trade it...and I'll do it all for free. I think Simple shares the same passion I do when it comes to helping out...regular guys like us get the shaft so many times in this game, so it's nice to see folks make some money for a change. But overall, I'd probably say that 90 percent of retail traders will always fail. But if we can help out even a few along the way, it's worth it. I know I'd still be floundering in the dark if it weren't for dedicated folks like SimpleGreen and I plan on passing what few tidbits I've gotten good at to others in return for a good deed done.

whatever07

10/15/13 3:16 PM

#124165 RE: charger #124155

LOL, you could take all of us together, multiply by a thousand, and we still wouldn't move the market more than 1 pip for 1 second.