budhi1976 wrote: Thu Aug 15, 2024 9:37 pm
In my opinion, if you’re trading on the M1 timeframe, it’s helpful to have another chart on M15 as a reference for the higher timeframe direction. Also it would not hurt to study market structure (you can find info about it all over youtube)
In my opinion, if you’re trading on the M1 timeframe, it’s helpful to have another chart on M15 as a reference for the higher timeframe direction. Also it would not hurt to study market structure (you can find info about it all over youtube)
tmostafa007 wrote: Thu Aug 15, 2024 8:09 pm
Dear Curioso ,
Is there any way to predict if the trend will continue upward? This is something that often confuses me because sometimes the trend keeps going all day. I want to catch that trend, but I get hesitant when the downward signal arrow appears. I need clarity on this to refine my strategy.
Hello budhi1976,
Exactly, that's the one, but in post #1 you'll also find the answer that has already been given in this community to a pdf that for me was excellent for learning, I learned a lot.
Thanks Jedidiah for your contribution, which we've also seen in some templates shared by xard777.
Hello tmostafa007,
I'll share my experience with you.
I take many months, read entire this wonderful thread completely 3 times, i take many hours/days/weeks/mounts to invest on learning in correct path, i going down, many times, struggling, and before one week i start a talk with a friend (never forget you) spoke my native language, and share with me a little tweak change my mindset forever.
After that, i read again entire thread, is very sad, but i do in another way, starting to write my notes in my language, try and error many times, with confidence and start in M15 with gains 1~10% per day, is too little for what I wanted, which was to better myself every day, to be the best I could be every day.
Next i see some members in this amazing community (like vvFish, Neroloft, and another's (thank you for that), and for the reference is Thomas in a interview with Adam Button, if you search in this community you´ll find), and i see is that path i wanna want, not about the value, but the precision when enter and manage the positions. In this moment I'm in M5, and values everyday 10~30% everyday.
Next, with amazing contribution of xard777 on the release v65 (original) make a huge sense for me, because is possible to change the values of EMA, for me is an excellent way to learn with different values, and adjust the mindset. And with this version i worked many hours/days/weeks, and as I was working on studying how to improve my results, I ignored the intermediate versions for a while (I used the new ones for a day or two, but my focus was on advancing to the next level in daily earnings)
Now in that moment i start a new journey, try to beat my previous results and now only trade in M1, i don´t switch the timeframe, i develop my vision and rules of entry, i don´t create possible entry when i see alert, why? because i have my own rules (are described on post #1), and I only changed permanently when I saw the 65m version because it's the remake of what was the version for me and it marked me and continues to do so. Because of the learning curve and because many members still haven't grasped the logic, that's why I made that reference post, it's important to read everything, in sequence, not to skip anything, not even a single point, if you want to be profitable and consistent and with the right mindset everything is there. I understand that there are other ways of entering, I have many others documented on paper, but why complicate something that is so simple and beautiful?
What makes me profitable on M1, you and many other members must be thinking?
#1. I work my mindset everyday, with daily routines, for example i keep the stress and anxiety out. In that days don´t trade, read a book, listening music, and do another things.
#2. I'm not in a hurry and I don't want to open just because I see something that looks good, I don't take it easy, because I only trade when I see my patterns and ahead, I mark the chart with my notes, i read my notes, and if yes, I'm not yet comfortable with that position, then I wait because the next one will be even more brutal.
#3. When we are learning, you are starting to get your grades, why add more indicators, when many do the same. So why this anxiety and stress in life, because if xard777 shared the template with his vision it's because it works and it's up to each of us to decide the path we want for our life.
#4. Different templates are different position management logics, so I'm not in a hurry to jump in and go after the next system, and think it's our holy grail, all that is just speculation in our heads. It's okay to learn on versions that are 2 or 5 years old, we see members in this community who have achieved perfection and management of their positions on very old templates, they are comfortable and happy, let's do it.
#5. I set my goals every day, I don't expect 10% or 600% every day, I just expect that day to be a consistent and profitable in that day, there are days when you win and others when you don't, but patience and discipline are such things.
My recommendation for that:
post1295547878.html#p1295547878
post1295547843.html#p1295547843
Remember, happiness starts with you, it only depends on you, learn well, choose a template well, stop at it, don't start at M1 straight away, focus on a timeframe, for example M15 reduces stress and anxiety immensely and stay at it for 2 weeks or even 1 month, learn a lot, document everything on paper and always have it in front of you whenever you manage your positions.
Once you've understood the logic of the timeframe M15, reduce it down to, for example, M5, the same thing 2 weeks to 1 month. Only change when you've mastered it completely, and then M1, with all your notes written down, will be much easier.
The path isn't easy, it requires a lot of study and discipline, focus, a lot of trial and error, for example why open positions straight away and have accounts in real? write down and mark your notes on the chart, it's okay, it's for you, I believe that with persistence and dedication and a lot of patience you will achieve what you want most.
Sorry to you and all the members for such a long message, but I felt I had to do it, because the secret of success is not in the indicators or in template a b or c, for example you see in my images, i love the zigzag in that way, what is the version? I'll share, v65 original version. I just want everyone to be happy, profitable and consistent, whatever their version of "XARD - Simple Trend Following Trading System".
And for the last the most important, thank you xard777 for philosophy of life, and very grateful for you every day, Jimmy for inspiration, and all brilliant coders are in this wonderful community to make us traders with passion, and members share ideas between all in a public way to make a difference everyday.
is it just that my first trading strategy was KOF ema strategy which was purely focus on the m1.. I also tried Beatle system(tried all of his version) eventually it really didnt suited my trading style as his system was mostly for higher tf.. and for xard I tried all most all the versions and every version has some kind of way to trade it.. so basically what works the most for me was just removing the Sema and daily open..( idk why does daily open even exist) I simple use fnc signals and I kinda modified a little bit but yeah so far working really good with 1:1 reward ratio.. I really don’t care how much I make.. I just trade because it’s fun and treat it as a hobby or a video game
