Tuesday, August 14, 2012

Neverending Dark Trading

Dark Trading which I applied right now means I exploit broker weaknesses. I don't trade against the market. I trade against the broker. This trading is so secret include method, tools, software, EA, broker I used, and even the results. This is the best trading method for me. My trading is just looking for new broker almost every month, looking for its weakness and exploit it.Sometimes I found new method and my trading keep evolving. Regular trader usually depends on chart, price action, momentum, or event. While my trades depend on just say I made money at volatile market. And not trading at silent market. I am not a day trader, means I didn't trade everyday. I will illustrated myself with casino player who is cheating. That is me. I cheat the broker. How easy it is? So easy that I made tons of money unlike other struggling traders out there. I have losing trades too. I am not God. But in a long run if I kept searching new broker, evolved my method, and do it over and over again, there is no doubt 100% chance I am profitable. A lot of dumb traders out there looking for patterns, trying new methods years after years doing the same thing. New method, not working, demo, new method, profit, loss, back to demo, another new method... doing that for 5 years is insanity. I used to be like that too, but the difference is I am not a dumb headed guy. I am not doing what I like. I did what worked. I dumped all my methods that I honed for years. I threw off all my skills I experienced. I am back to zero and I win. Most traders out there do what they like, not what is working. Especially for day traders. Don't get me wrong. There are profitable day traders but not everybody have talent at it. And the most faulty philosophy about trading is never give up. That is so stupid. For example if you open a CD music shop, then you won't give up though 99% music lover buy from iTunes? Wake Up!!! If your methods not working for 5 years why you still loyal to it? But most of traders out there start from not discipline. They think after disciplined they can be profitable. Well, if your method sucks, you will still lose money. It is not about disciplined. Some traders said those dumb head traders needed at the market so we can earn their money. I told all of this because I didn't get your money if I win. I take broker's money. So this is my honest advice to all of struggling trader out there. I realized some traders don't like my post here but this is the hard truth. Human emotion is the worst content for trading. Give up, take back step, and come back with new you. Throw all the garbage that is not working, focus on what is working.

Sunday, July 1, 2012

What works best in trading for me

13 months consequtive winning teach me what is works for me: 1. Focus on what is working, not on what you like. If you like day trading better but having better result on swing trade by all means trade the swing... Unless you are trading for fun not to make money. 2. Know what you are doing. Identify the trading result. Is it from mere luck or the methods you apply. I sometimes try my luck for few trades but definitely not my bread and butter trade. Usually those trades I took after secured gains on the month. Whatever the trade goes, I will still net profiting. 3. Explore more depth of your working method. There is no end of improvement. For example if your methods only working at volatile market, find ways how to avoid choppy market. There is no point you trade when the odds not in your favor. 4. Discipline and throw away the "gut feeling" when trading. Like I only buy when news are good and vice versa. Don't care of the rest. The results show themselves. Sometimes it's wrong but over the long term, it will prevail. 5. Automate the trade if you can. Human Brain is not always on top condition. But you don't want to miss opportunity when you are not fit. Robot is the answer for this. Using the robot will eliminate the need to discipline and reduced the brain work when trading. I find out my brain is working better when not trading. 6. Able to move on. If your method is not working, and improvement didn't help, move on to new method. I have seen lot of traders stick to the useless method all the time and refused to admit it. It is human nature, but trading is not the area of human nature. In facts, it opposed all the common behaviour of most humans. In the end trading is just tools to reach your better goals. Use the money from trading to reach another dream. Don't trade for the sakes of trade itself. The only reason I love to trade to make money because it is the easiest thing to gain big money legally. If there is easier way to make bigger money than trading I will gladly move on to it.

Wednesday, May 30, 2012

EA fever!!

www.cheaphunter.mt4live.com I worked lesser and earned better. I give up my emotional control and profiting 12 months in a row.

Wednesday, May 9, 2012

Done

Brokers hate news trader, so I cannot get fill anymore. Move on to other brokers playing small lots and stuff, still make me at least 5k per month. For those of you who still struggle, good luck. Five years experience teach me well. Don't trade everyday, Find ways to identify good or bad market condition. Leave the screen if market dull. I better spend my money to other thing than competing with algo robots at dull market.. It's futile really...

Oh and working too hard is bad too. Urge to make money solely from market will disturb your trading skill. I found out after years of trading. Why so many bloggers end up losing in the end? Because they are too focus on market, watch every ticks assuming that every move on market is worth something. Well good luck on that. Now I play more, have fun more, less trading, less screen time, and make more money than ever. I have more work to analyze broker weakness than charts. The work is instantly rewarded.

For those of you who planned to depend solely from trading, think again. Unless you already made so much money from trading so you don't feel angry if you lost a little bit from it, then maybe you can,

Consistently profiting 12 months in a row, make more than 200k at those time, I proudly claim myself as Professional Trader.

Monday, April 9, 2012

Made 60k++ On Non Farm Payroll

And I just feel okay, no screaming, no jumping, no laughing. Only big smile and Happy Easter to All :)

Thursday, March 22, 2012

Made 11k on Thursday

Easy as it is, good news buy, bad news short. No need stay at monitor all day, Not even every day. Just stay at the right time and made money.

To become profitable day trader you need nerve like a steel or made lot of profits already. Eliminate gambler's alert, that's it. You know why prop trader make more money? Because they trade other people's money. No emotional involved with the money.

I can become sucessful day trader if I want to. But why need the urge? I can easily made 3-5 percent monthly without risk too.

I saw other blog made resolution every time they made bad trade, just to break it over and over again. Very few profitable traders that blogging regularly. Only aspiring trader like me before who think become better and better each day. You are not. You just made rat race on your trading account. I have experienced that too. If you still have a regret missing the big move, you are not ready.

The urge to trade every day also reasoned why begineers failed. Trade when there's only movement. Don't trade when price is dull. That's it. You will make money if you trade only when there is good volatility in market even only with simple MACD signal. Now you just need a good indicator to identify early volatility. For me, if I have so many requotes on my Gold Trade then it means volatile.

Now I spent more money for my pleasure then on market. It's much much cheaper really :)

Monday, March 19, 2012

No Trade, So What?

I have been learning that not everyday give same opportunity. I gave up all my manual trades to Automatic Trading or Methodical Trading such as news. If there is no big news or no trade on my Robot so what. I did trade for making money not trading for the sake of trading.

I spent some of my profit for my personal pleasure. And it is even much much cheaper than trading recklessly. Sometimes I trade lightly if there is some 80% probability from my signal. I detached completely with the money on the trade. I trade for making money, not even slightly bad emotion if my trade gone bad. I already preserve so much that it won't hurt unless I choose to hurt myself.

I used to despised robotic trading but now I did it. Some brokers won't let robot and I wonder why. It's because robot can defeat the bucketshop. So, why not using robot?