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it helps me by buying mostly in a uptrend and selling mostly in a down trend...... while taking advantage of the small timeframes countertrends......
just knowing when not to trade reduces most of the pressure.....h
it helps me by buying mostly in a uptrend and selling mostly in a down trend...... while taking advantage of the small timeframes countertrends......
just knowing when not to trade reduces most of the pressure.....h
... especially when the daily or 4h agree with the weekly... 2 out of the 3...
and especially with a counter zigzag...
fresh counts don't hurt either.
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it might be worth looking into darwinex zero...... they have futures and forex accounts..... it's a unique kinda deal......
i have 23 futures accounts there and 1 forex..... forex is around 50$ a month......
i bring home well over 10k a month....... should soon be 20k.......
study on it hard before decide...... if you use someone's referral code you get a discount the first month......
nothing out there compares to darwin...... there is no smoke and mirrors...... anyone can see your results......
i have spent past 9 months learning how best to approach darwin...... let me know if you decide, i can give you some pointers.....h
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this is my 1 and only forex account...... 16 days old......
I will start thinking about that exactly. You speaking highly of a prop firm is high praise, given how many shops have turned up questionable stories about their payouts/legitimacy.
I’ve started pouring back through all of your old threads to brush up on everything I’ve forgotten.
That’s a beautiful equity curve sir. Very well done. I was curious if forex had gotten too controlled by the algos at the market makers… looks like there’s still plenty of meat on the bone for hayseeds
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darwinex is not a prop firm..... it's a regulated broker in london and madrid......
spend some time thoroughly going over the site.....
i still have all 20 of my apex accounts, about 3/4 are 300k's........ it is a prop firm......
darwin is something else entirely..... it is fully regulated and quotes are from the cme....... there is no question you will be paid, usually in less that 2 days....... the only rules are those that all professional traders must follow from the chicago mercantile.....
it's in a class of it's own......h
Interesting. Gave it a brief look and will dive deeper. “Hedge fund as a service” and us g seed money is an interesting model. Looks awesome.
I will look into it!
In the mean time, I had a double take at your last note… $10k a month… seems more like a bud than a hayseed (I admit I’m not sure of the anatomy of a stock of grain)!
Are you still very technical and counts driven? Or have you gotten more into fundamentals with the futures products you’re trading?
I will look into it!
In the mean time, I had a double take at your last note… $10k a month… seems more like a bud than a hayseed (I admit I’m not sure of the anatomy of a stock of grain)!
Are you still very technical and counts driven? Or have you gotten more into fundamentals with the futures products you’re trading?
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yes 10k++....... withdrew 6700 last night...... you can be paid monthly, with the actual pay dates depending on the allocations date...... i have about 10 payout days spread over the month...... my payouts on the first week of the month are my largest every month......
originally my intentions were to have a payout every day...... later saw that as more trouble than it's worth...... once a week is plenty......
yes still technical...... also seasonal..... trading commodities is strongly driven by seasonality......
not so much fundamental....... i do watch the commitments of traders and try to align with them......
the darwin concept is to trade well enough to attract investors ...... darwin assists in that...... your true results are seen by all...... some of the oldest darwins have 10's of millions in investors.......
it's important to trade your absolute best......
a lot to grasp, so read on it thoroughly...... somewhat like the snb capital firm in chicago.......
don't jump in...... read on it first......h
Congrats hayseed. you keep inspiring us.. good to see trade chaser too. I've been mostly on twitter and the factory , just logged in. Just a question; did you by any chance backtest your style of algo trading before going live years ago? I ask cause some of my bots backtests look bad, while the live trades are fair
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yes..... many years ago i'd have 5 or 6 computers running all day backtesting..... that's back when metatrader only had the exhaustive approach....... at some point metaquotes went to the genetic approach..... the genetic approach can do in minutes what exhaustive would take many hours.....
i was not testing things like lot size , profit targets and stoplosses...... i was testing higher timeframe filters and lower timeframe entrys.....
i very seldom backtest now...... after awhile you get where you can tell in advance.......
i'm not trading much at all right now.....h
Looking back through old threads, I would love to get your take on this dashboard reading.
When I see this, I see a long term bullish trend barely hanging on. I see deeply oversold stochastic in the lower time frames, and consistent bearish agreement through the hourly. However, it appears a 1m bullish retrace is occurring.
In this style of position, are likely waiting for more red squares among indicators like the Alma, hma, etc. after enough of them have first flipped aqua? Or are you treating any red squares as a viable sell given the agreement through the 60/240?
Or is my read wrong entirely? Would the right play here be waiting for the 60/240 to realign with the bullish daily and then take blue squares signals on lowere timeframes?
I know the dashboard looks like all your indicator people are saying sell. But those first 5 timeframes flip around a lot. I expect you could see a very different story if you checked back in an hour.
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would have to see the current zigzag leg, the counts of the indicators and the values of a few......
looking at the 6J-U in the chart below you can see all zigzags are down...... so yes, it would appear sellers outweigh buyers...... but why......
4 stochastics are below 10...... all macds are falling and below 0....... many of the red squares are at extreme counts...... do we really want to sell at this point......
yes, the lower tf's do flip a lot..... and you know on average how long that takes on each tf...... that's an advantage......
all it takes is a couple trades a week...... the hard part is waiting for them and holding on to them on once you get a bite......
play the odds......h
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