Why are we afraid of simplicity?
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Thread: Why are we afraid of simplicity?

  1. #1
    Hi all!

    Having seen a few weeks and months of the factory in the office I have come to wonder....why do individuals desire items to be complied? James16 and vegas have made it obvious for me that you can have a egy as straightforward as input and exit on slope shift, have profit at fibs and turn out thousands, and I suggest this is literally, thousands of pips of profit.
    Compare to approaches using stochs, MAs, RSI, bollinger bands and sometimes - and I know this from my own experience - even all at once.
    You wind up looking for 2,3,4,5 confirmations and if eventually all indiors line up - 90% of this move seems to already be finished. Well it seems like it.

    When the very simple things works - and this is being proven daily about the PF and from traders such as Vegas, Diallist, James16 and several others here on the variable - then why is it that we strive to continue inventing new means of combining indiors and learning new rules and rulesets, whether the simplest of systems are proven and work?
    Is there some subconscious urge in the office here, refusing to let's make money with too simple a system, not being able to say you mastered some thing as there is actuallyn't much to master other than always applying a most basic logic?
    Can it be a lack of achievement or the certainty that one does not deserve something so straightforward?
    Why, why do we strive for constantly new (and possibly complied or just plain different) systems when we have perfectly operational and profitable ones at our disposal?
    Why bother with others?
    Greed in the kind of attempting to reach just that little bit more profit by locating the greatest system regardless of how preoccupied or exotic it might be is another vice in the life of a trader, lost in a country of perpetual searching instead of being set on a course and travelling using a set destination.

    So, what exactly are we waiting for?
    What exactly are we looking for this isn't there already?

    Something to consider, something I have been considering.

  2. #2
    Quote Originally Posted by ;
    How Will that 5% Turn into profitable...I dont Really Care how much work it Requires, stear me in the right direction
    https://www.forexforum.co.za/trading...00-2008-a.html

    Beginning at Article 1, reading it 2-3 times then applying it in practice and Demonstration for a few months should Work

  3. #3
    Seeking,

    You'll find approximately a dozen or so traders that I actually respect on this forum. I am not saying others are not liked by me or do not read what they need to say. I mean traders have shown time and time again that they get it and have no problems . You sir are among these traders. Very good post!

    I've personally made well over 20 indiors for various systems and people in the time I have been here on the factory. I comprehend when you look at them, what they're showing you and know the math behind each and every one I've made. That being said, I do not personally use some of them aside from debugging and testing.

    I was a member of the James16 group and left only due to monetary reasons. That group was the single most valuable thing I have done with regard to forex trading. I assure anyone reading this when I am in a position to manage it, that I will be. I also urge anyone genuinely wanting to learn to join this group.

    All of that said, this is how I trade now even though I have an account under $1000. Out of my past 37 transactions 31 have been positive transactions whereas the 6 ones dropped a maximum of 1 percent each, although I am still learning.

    FYI:

    All that's on this chart is EMA 365, 150 and 62. The trend lines I drew along with the box I attracted.

  4. #4
    Quote Originally Posted by ;
    Hey guys,

    I simply swung by this thread and thought I would clutter it with my ramblings

    I trade for a living. I win I lose I really learn.

    Stress I THINK comes from thinking this is a large scary intrie job that'll eat you alive and you need to have a complex method/system to win against the market. This IMO becomes a self fufilling prophecy I THINK. At its core a lack of knowledge.


    I will take this out of trading and maybe put it in another light...

    Take this as a livelihood a skill/art whatever, however use the premise you aren't born with it but you can be educated it.

    This may not be valid however lets just use it. .

    Take John and Tom. Both want to become a chef. Get some michelin stars and live that life. They can turn it and love the idea and both Have thought out it.

    Both suck step one, but have drive and work ethic

    Tom and john create their plans

    Tom looks at restaurants, pours over menus move on a culinary whirlwind trip round the world actually so does John to get a feels to get the thing as an entire

    Cooking on a world class level can be quite complex and daunting to the neophyte

    Tom and John reunite the are willing to stone! Scared excited, broke! These items!! Hehe

    Tom decides he is going to take the world by storm and immediately sets out to cooking course and has cookbooks and key recipes to learn the many gourmet, delicious dishes imagineable! He also busts hump!

    Tom has no capability to cook but these recipes are proven and they were on ALL the best restaurant's menus. He has retired in his head a wealthy guy.

    John, thinking it over realizes, like Tom, he can't cook but need to learn. He's fearful driven and has michelin stars in his eyes. World by storm whatnot

    John thinks differently then Tom. He sees things otherwise, although he ate in the very same places same menus end goals. Rather than learning the french recipes out there day 1. .

    John figures he better get a deal on the fundamentals... what exactly do components taste like? And just how do they combine? What causes bread to grow... how to use a knife. . .etc. . You know beginning at the start like the chefs did.

    Fade that Tom States! A fortune has been spent by him,but has a menu that LOOKS mind. The Fat duck is in his sights. Wealth and fame!

    You understand where this goes... neither Tom nor John could cook a world class meal right now. Difference is.

    Tell you what though,John will slowly build confidence in his cooking and always grow as a Chef and lose all anxiety with experience and mastery of discipline and basics.

    He could fix bad dishes and can make his own new ones from his own experience. . .in reality he uses he have personal variations or recipes.

    John has a nice, rewarding and eventually very profitable career.

    Tom, opened his restaurant and promptly shut it. The food was off. The recipes were being followed by him like he'd but it was simply not up to par! Off nights concistancy nope... overall blech. Chef Rey gives him a beating and burns off his restuarant down.

    Tom doesn;t quit though. He goes outside and gets a new set of recipes and does his tweaking and repeats the cycle and fretting about how this business is so demanding.

    If he could get some good recipes!!
    Or a better hostess...?
    Some better adverts?
    Perhaps the whole theme was off...??
    Perhaps it was the wrong city for his genius!
    These recipes are gold they work! What is wrong?
    He hears a few French wizard with three stars has some genuis recipes... maybe those will help?


    Truth is Tom has no clue what wrong and likely won't ever understand. He'll amp up and burnt until he goes broke or changes his thinking Chef Rey will get him

    At that exact same period, John has come to be quite handy and has his own menu and is doing quite well constantly learning and exploring. He learns from both and has bad and good dishes they were 16, and knows.
    He's his star .

    Through the years John realized that cooking was simple and got very EASY following A LOT of HARD WORK! It ended up being a mastery of the basics( wihich took time and work and it follows was that the HARD part), blended together with experiance and some personal technique thrown .

    His most preferred dish is a very simple roast chicken that would peel off your face it's so excellent.

    He CAN make all the fancy dishes aswell but realized the majority of those greatest ones are just simple things in different clothes. He could not see that until he knew HOW to cook.

    John's fear steadily decreases together with his experiance and knowledge, Toms panic ranges from panic to calm with restaurant cycles. New one. . .calm ,. . .now it neglecting it's shut down CRIPES!! AHH!



    Last thing.

    Do you understand why your indiors /system is/are providing you a buy sell signal?
    Do you know what the market is doing/did to activate them?
    Can you trade without them?
    If it stopped working could you fix it? Would you understand it failed?
    Does this work better for you or the founder?
    Do you / can you choose responsibility for all your wins and losess?

    In the event that you answered no to any of them you MIGHT be Tom. If you are profitable who cares though? Not me.


    That I THINK folks would be better served to learn HOW to trade( which I believe to be a worldwide skill across all pairs and markets), not to learn how to trade a SYSTEM. IMO

    That is just my opinion and you shouldn't ever take anything at face value. Do your research be open to whatever, but test everything or not.


    Sizz.
    Wow....seriously....this is among the best posts I have ever read on this site!

    (Where have you been hiding, Oh Wise One?)

  5. #5
    Quote Originally Posted by ;
    Wow....seriously....this is one of the best posts I have read on this website!

    (Where are you hiding, Oh Wise One?)
    Yeah! And he wrote it! LOL!

  6. #6
    Truth is Tom likely won't ever understand and has no clue whats wrong. He will amp up and burnt until he goes bankrupt or changes his thinking Chef Rey will get him

    In that same period, John has become quite handy and has his own menu and is performing quite well always learning and researching. He has bad and good dishes and learns from both they were 16, and knows.
    He gets his star .

    Through the years John recognized that cooking was easy and obtained very EASY after A LOT of HARD WORK! It ended up being a mastery of the principles ( wihich took work and time and it follows was the HARD part), mixed together with experiance and some personal technique thrown in.

    His most favored dish is a simple roast chicken that would peel off your face it's so excellent.

    He CAN make all the fancy dishes aswell but realized the majority of the best ones are only simple things in various clothes. He could not see that before he knew HOW to cook.

    John's fear steadily decreases with his experiance and knowledge, Toms fear ranges from panic to calm with restaurant bicycles. New one. . .calm ,. . .now it neglecting it's closed down CRIPES!! AHH!



    Last matter.

    Would you understand why your indiors /system is/are providing you a buy sell signal?
    Do you understand what the market is doing/did to trigger them?
    Can you exchange without them?
    If it stopped working could you fix it? It failed would you understand?
    Does this work better for you or the creator?
    Do you / can you choose personally responsibility for all your wins and losess?

    If you answered no to any of these you MIGHT be Tom. If you are consistantly profitable who cares though? Not me.


    I THINK people are better served to learn HOW to exchange ( which I feel to be a universal ability across all pairs and markets), not to learn how to exchange a SYSTEM. IMO

    This is only my view and you should not ever take anything at face value. Do your research be open to anything, but examine everything or not.


    Sizz. [/quote]

    Nice piece... Thank you for digging out...

  7. #7
    Bump up so I can examine it. Have a great one people. BTW, read SL's first posts because they make sense for several of the newer guys and girls out there (myself included).

  8. #8
    The issue with Technical trading is that there are numerous quantities of indiors and methods to apply or keep applying, the hunt for confirmation is unlimited and together with the fact that our character requires that we have the power of control makes things complied, hence the search and innovation of trading methods - rather simply all a small side track from trading.

    Maintaining charts simple and not over doing the trading by sitting at the PC all day is a step in the ideal direction.

    Recall, if you do not know where you are going, any road will take you !

  9. #9
    We must use indiors! It works perfect without them

  10. #10
    Quote Originally Posted by ;
    Bump up so I will examine it later. Have a good one folks. BTW, read SL's first posts because they make sense for all the newer guys and girls out there (myself included).
    I had been searching for the man who bumped it up.

    thank you.
    useful thread

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