FaD
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The idea arose to make something like a channel or chat in Telegram, where I will be doing online analysis of the system, pointing out all the details, which I use in my trading. If you are interested in this format, let me know in the personal message box @fadbof
I by no means claim to be a guru or anything like that. This format is more interesting because you can analyze a chart and if you manage to catch a signal here and now, the most interesting analyses will be shown in the diary in a separate post.
I by no means claim to be a guru or anything like that. This format is more interesting because you can analyze a chart and if you manage to catch a signal here and now, the most interesting analyses will be shown in the diary in a separate post.
FaD
Active member
- Messages
- 109
- Likes
- 2
You're afraid of yourself...
How do you envision your own success in trading? There are two templates:
1. Beautiful life, yachts, clubs, bars.
2. Banal, enough for all your needs and not to look in your wallet.
What trading strategy did you choose?
Again the pattern:
1. Praised technical analysis (respect) and indicator trading
2. Fundamental
3. moon trading and other esotericism.
What do you envision yourself to be? Trick question. A template? Yeah, that's it. We read articles and try to copy the habits of others, to repeat their success. But that's not the case. After all, even within the training program I repeated the same thing hundreds of times - the system is only a set of rules, but at the same time there is a huge amount of conclusions on each individual transaction in my head. And if they are described here and now, it will not be the cascade of thoughts that was at the time of making a decision. In the same way, no one will ever tell you the whole truth, not because he is not interested in it, but because the truth has already changed.
Each person is a unique creep in this world. Only a set of external and internal traits are repeated. But your psyche = your zest (I also have doubled kidneys, so two zest). Our psyche is what sets us apart from each other, you can try to dig in and say - it's all patterned here too. But let's break it down. What does formulaic mean to you? For me, for example, upbringing, sphere of activity, profession. Of course, in different strata of society, but in the same professions, you will find similar traits. Let's go a little higher, to those who know a little more and know how to earn hooliards or who have simply found their place in life and get high from it, regardless of their rank in society. What's the common ground there? In the Internet there are often various articles like "what the rich do", "how they plan their day". "how they plan their day", "a typical day of a millionaire", "habits of the successful". They know how to plan, exercise, attend cultural events where they are fully enlightened. But, you know what they really have in common? They're no longer afraid of themselves.......
Homework - you have to imagine yourself as a successful trader, what kind of trader are you? Think about it and continue reading. Most likely you will be thinking about how you trade, what your daily routine is, what you follow when analyzing a chart. But that's just what's around you, and who are you? What kind of person are you first of all? And then what kind of trader are you? Who are you, the type who succeeded? And most often the answer is silence (based on a survey of 30 traders). This is your core problem. All your problems start there, but instead of accepting yourself for who you really are and working to improve, you start throwing yourself at what's around you. But you forgot about yourself a long time ago, you lost it chasing the best in this life. Think about it...you're just afraid of yourself. Aren't you?
If you are interested in my world or have any question, you can ask me here or directly in telegram @fadbof
How do you envision your own success in trading? There are two templates:
1. Beautiful life, yachts, clubs, bars.
2. Banal, enough for all your needs and not to look in your wallet.
What trading strategy did you choose?
Again the pattern:
1. Praised technical analysis (respect) and indicator trading
2. Fundamental
3. moon trading and other esotericism.
What do you envision yourself to be? Trick question. A template? Yeah, that's it. We read articles and try to copy the habits of others, to repeat their success. But that's not the case. After all, even within the training program I repeated the same thing hundreds of times - the system is only a set of rules, but at the same time there is a huge amount of conclusions on each individual transaction in my head. And if they are described here and now, it will not be the cascade of thoughts that was at the time of making a decision. In the same way, no one will ever tell you the whole truth, not because he is not interested in it, but because the truth has already changed.
Each person is a unique creep in this world. Only a set of external and internal traits are repeated. But your psyche = your zest (I also have doubled kidneys, so two zest). Our psyche is what sets us apart from each other, you can try to dig in and say - it's all patterned here too. But let's break it down. What does formulaic mean to you? For me, for example, upbringing, sphere of activity, profession. Of course, in different strata of society, but in the same professions, you will find similar traits. Let's go a little higher, to those who know a little more and know how to earn hooliards or who have simply found their place in life and get high from it, regardless of their rank in society. What's the common ground there? In the Internet there are often various articles like "what the rich do", "how they plan their day". "how they plan their day", "a typical day of a millionaire", "habits of the successful". They know how to plan, exercise, attend cultural events where they are fully enlightened. But, you know what they really have in common? They're no longer afraid of themselves.......
Homework - you have to imagine yourself as a successful trader, what kind of trader are you? Think about it and continue reading. Most likely you will be thinking about how you trade, what your daily routine is, what you follow when analyzing a chart. But that's just what's around you, and who are you? What kind of person are you first of all? And then what kind of trader are you? Who are you, the type who succeeded? And most often the answer is silence (based on a survey of 30 traders). This is your core problem. All your problems start there, but instead of accepting yourself for who you really are and working to improve, you start throwing yourself at what's around you. But you forgot about yourself a long time ago, you lost it chasing the best in this life. Think about it...you're just afraid of yourself. Aren't you?
If you are interested in my world or have any question, you can ask me here or directly in telegram @fadbof
FaD
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Trader's Notes
Good evening, I would like to share a little logic of one, very interesting situation. For some people, it might serve as a little bit of a lifehack. Okay, here we go.
telegra.ph
FaD
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Notes of AUDUSD trader
December 12, 2023 Hi. I've been keeping an eye on a situation. I found it interesting It's about AUDUSD. On December 6, the price drew a classic pattern, which is bouncing off a good obstacle. But there was a general distrust to the situation, based on the movement on other currency pairs. The...
telegra.ph
FaD
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EURUSD 27/12/2023
Hi, there's a quick post on the channel https://t.me/dnfad/2813 He promised a review, but due to certain circumstances, he only got there now. Several factors have developed successfully: The price broke through the strong support of the month 2. Flipping through the charts, something was noted...
telegra.ph
FaD
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Universal trading system, myth or reality?
Shalom Orthodox and not so Orthodox.
I think the title suggests a certain topic of the note. It is a question that worries the minds of many people who are somehow connected with trading. Let's analyze a little bit the concept of a universal trading strategy. Some time ago there was a webinar with the participation of respected people. And the question was raised: is there a universal trading system at all? The majority said no, including respected people.
I will tell my humble opinion in what here lies the secret.
So, a universal trading system is a thing that can work in any market conditions. It constantly throws up signals and provides you with shekels. But is there such a beast?
It is worth starting from afar, for example, with the Dow Theory. This thing was described at the end of the 19th century, that is, it is more than a hundred years old. Nevertheless, all the assumptions of the theory still work.
Let's go further, technical analysis. In essence, the same eggs Dow, but in profile. The Dow theory is the basis of technical analysis, only it is already enclosed in various cups with handles and heads with shoulders. The full course of TA and a bunch of other books of similar topics have been living their life for decades. With the dramatic change in the approach to trading, global digitalization, algorithmicization and other "tion", technical analysis is still alive and will live on.
What are the chances of existence of a universal trading system based on technical analysis? As we can see, quite good.
Let's take another approach, somewhat complicated by criminal prosecution - fundamental analysis. Earlier, FA was a network thing, everywhere there were their hired cossacks who telegraphed information from one place to another and made money on it. Now evil uncles and other controlling bodies will do you atata. In any case, the basic message has not changed - bad news for the company = capital outflow, decreased trust. Good news = company blooms and smells. Isn't this a universal trading system? I'd say it's an axiom of life. And then it's your problem how you get information about the state of affairs.
The main problem with a universal trading system is something else. The frequency of signals. The only concept that I agree with in terms of saying "the market has changed and I can't get anything out of it" is the frequency of signals. The market doesn't change a damn thing. The market has only two states, accumulation and distribution. The question is in the realization of both accumulation and distribution. Let me give an example from my personal practice. The basis of the system is supports. (https://telegra.ph/Support-12-01). But in 2022-2023, the price has entered a clear field, where there are no price levels, which it has been pondering for 5-10 years. The price has gone beyond the usual sidewalls = lack of usual supports = reduced frequency of signals or their complete absence for some time.
Now on to something I agree with. If you are an impatient young Hugh Hefner, you should have a few trading approaches worked out that will take these market conditions into account. In my experience, I will say, I have encountered this exact phenomenon in the 2022-2023 time frame. Although I am not a dandy in the market business either, I have been sitting behind charts for years, but I had to adapt. And the technical analysis is again to my credit. I just expanded a little bit in terms of the concepts I use when analyzing. There are not many references, but I think everybody noticed how the currency market liked impulses. It just so happens that I have been developing an approach to take impulses into account in trading for several years and voila, they came in handy. Experience has already proved and proved that the price reacts to the impulse just as well as to the support, so let's take it and work. Of course, there are other nuances, but they are trifles compared to the global approach.
As a result, I had a TS based on support + patterns and trend + patterns. After a while there appeared branches in the form of impulse + pattern, support + TA logic, impulse + TA logic. And any combination has its own frequency of signals occurrence. Can it be called a universal trading system? Yes, you can, because all these combinations have one thing in common - rules, and they are static for everything.
Regardless of the support/impulse/trend, the rules of pattern interaction are the same.
The conclusions are self-explanatory: the market does not change all its life, only the structure of movement changes. Somewhere impulses prevail, somewhere small dojiks, somewhere both and a lot of other things. The frequency of occurrence of certain signals depends on the structure. No more than that. A universal trading system is not only a strict set of rules and static, but also your flexibility in decision making. The final results are two.
1. You will have periods of calm and periods of active trading on the TS, just get used to this phenomenon, (but we need to swing the deposit and a lot of money) and you will be happy. You can live with one TS, but I doubt that it will suit you.
2. Have additional inclusions in the system, which will be pulled in one or another period of time, juggle them and you will be happy.
I'm done, thanks for listening! Your FaD
P.S. Don't forget about frames, (https://t.me/dnfad/2833) if there is a desire, welcome.
https://t.me/dnfad
https://t.me/mslfad
@fadbof (tg)
Shalom Orthodox and not so Orthodox.
I think the title suggests a certain topic of the note. It is a question that worries the minds of many people who are somehow connected with trading. Let's analyze a little bit the concept of a universal trading strategy. Some time ago there was a webinar with the participation of respected people. And the question was raised: is there a universal trading system at all? The majority said no, including respected people.
I will tell my humble opinion in what here lies the secret.
So, a universal trading system is a thing that can work in any market conditions. It constantly throws up signals and provides you with shekels. But is there such a beast?
It is worth starting from afar, for example, with the Dow Theory. This thing was described at the end of the 19th century, that is, it is more than a hundred years old. Nevertheless, all the assumptions of the theory still work.
Let's go further, technical analysis. In essence, the same eggs Dow, but in profile. The Dow theory is the basis of technical analysis, only it is already enclosed in various cups with handles and heads with shoulders. The full course of TA and a bunch of other books of similar topics have been living their life for decades. With the dramatic change in the approach to trading, global digitalization, algorithmicization and other "tion", technical analysis is still alive and will live on.
What are the chances of existence of a universal trading system based on technical analysis? As we can see, quite good.
Let's take another approach, somewhat complicated by criminal prosecution - fundamental analysis. Earlier, FA was a network thing, everywhere there were their hired cossacks who telegraphed information from one place to another and made money on it. Now evil uncles and other controlling bodies will do you atata. In any case, the basic message has not changed - bad news for the company = capital outflow, decreased trust. Good news = company blooms and smells. Isn't this a universal trading system? I'd say it's an axiom of life. And then it's your problem how you get information about the state of affairs.
The main problem with a universal trading system is something else. The frequency of signals. The only concept that I agree with in terms of saying "the market has changed and I can't get anything out of it" is the frequency of signals. The market doesn't change a damn thing. The market has only two states, accumulation and distribution. The question is in the realization of both accumulation and distribution. Let me give an example from my personal practice. The basis of the system is supports. (https://telegra.ph/Support-12-01). But in 2022-2023, the price has entered a clear field, where there are no price levels, which it has been pondering for 5-10 years. The price has gone beyond the usual sidewalls = lack of usual supports = reduced frequency of signals or their complete absence for some time.
Now on to something I agree with. If you are an impatient young Hugh Hefner, you should have a few trading approaches worked out that will take these market conditions into account. In my experience, I will say, I have encountered this exact phenomenon in the 2022-2023 time frame. Although I am not a dandy in the market business either, I have been sitting behind charts for years, but I had to adapt. And the technical analysis is again to my credit. I just expanded a little bit in terms of the concepts I use when analyzing. There are not many references, but I think everybody noticed how the currency market liked impulses. It just so happens that I have been developing an approach to take impulses into account in trading for several years and voila, they came in handy. Experience has already proved and proved that the price reacts to the impulse just as well as to the support, so let's take it and work. Of course, there are other nuances, but they are trifles compared to the global approach.
As a result, I had a TS based on support + patterns and trend + patterns. After a while there appeared branches in the form of impulse + pattern, support + TA logic, impulse + TA logic. And any combination has its own frequency of signals occurrence. Can it be called a universal trading system? Yes, you can, because all these combinations have one thing in common - rules, and they are static for everything.
Regardless of the support/impulse/trend, the rules of pattern interaction are the same.
The conclusions are self-explanatory: the market does not change all its life, only the structure of movement changes. Somewhere impulses prevail, somewhere small dojiks, somewhere both and a lot of other things. The frequency of occurrence of certain signals depends on the structure. No more than that. A universal trading system is not only a strict set of rules and static, but also your flexibility in decision making. The final results are two.
1. You will have periods of calm and periods of active trading on the TS, just get used to this phenomenon, (but we need to swing the deposit and a lot of money) and you will be happy. You can live with one TS, but I doubt that it will suit you.
2. Have additional inclusions in the system, which will be pulled in one or another period of time, juggle them and you will be happy.
I'm done, thanks for listening! Your FaD
P.S. Don't forget about frames, (https://t.me/dnfad/2833) if there is a desire, welcome.
https://t.me/dnfad
https://t.me/mslfad
@fadbof (tg)
