Simple Forex Strategy That Works In 10 Minutes

Forex Trading in Kenya.

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..
  1. Sam sieden
  2. Cuebanks
  3. TheCoinFx
  4. The trading channel
  5. Astro
  6. Forex family
  7. Wicksdontlie
Advanced stuff
  1. ICT
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.
submitted by ChaliFlaniwaNairobi to Kenya [link] [comments]

Part III - My 10 Minutes/Day Trading Strategy

Part III - My 10 Minutes/Day Trading Strategy
Part III - My 10 Minutes/Day Trading Strategy
You can find Part II here: https://www.reddit.com/Forex/comments/h7m1jh/part_ii_10_minuteday_trading_strategy/
Okay I’ve thought about what to include in Part 3 and this is what I’ve landed on:
Some technical nuances and tricks that build on Parts I and II.
I was going to include entry and exit points in Part III but it would be waaaay too long if I did. So that will have to wait for Part 4 or 5. There’s some really good stuff in this post though, I promise. The stuff in this post will lay the foundation for the options you will have in terms of determining your entry and exit points.
Technical Nuances & Tricks:
In this section I want to discuss some techniques that are optional to use. I am going to keep this fairly simple and focus on 2 main topics: fibonacci and horizontal levels of support and resistance.
Horizontal Support and Resistance:

  • There are many ways of identifying support and resistance. I personally subscribe to the K.I.S.S. (Keep It Simple, Stupid!) method when using this strategy.
  • When I identify a strategy setup (Off BB, Stochs overbought/oversold, indecision candle + setup candle) I will simply look to the left and see if there is any prior support or resistance that lines up with the technical strategy. I will also look for prior support or resistance levels to make sure they are not in the way of my target (will cover targets in the next subsection)
  • Support and Resistance are not always clear lines drawn in the sand. Usually they are areas. Areas of prior demand and/or prior oversupply in the market.
  • IF you want a mechanistic manner of identifying support and resistance then here’s an easy indicator: load up the Bill Williams Fractal Indicator and simply look for groupings of fractals near highs and lows of the market
  • KEEP AN EYE ON THE STOCHASTICS IN EACH OF THESE EXAMPLES
Some simple examples below:
https://preview.redd.it/6qm0kauhpz451.png?width=2820&format=png&auto=webp&s=d25a7158314469d168ab6d73a9220adbd7e642e1

https://preview.redd.it/h9540sjkpz451.png?width=2820&format=png&auto=webp&s=2674f1f0d5339529491984ec3a787f8e121b4d26

https://preview.redd.it/lp7n69empz451.png?width=2820&format=png&auto=webp&s=b9fc1090b73f7396e820e413a76740cbc3f36c8e

Here is the same EURGBP D1 chart with the Fractal Indicator:


https://preview.redd.it/daqfijynpz451.png?width=2820&format=png&auto=webp&s=122f41e16e8b2074ede595e7bcca2dc6292083b9


Fibonacci Application:

  • The way I apply fibonacci in my “normal” trading does require a lot of discretion. And it is this discretionary element that trips up a lot of traders and scares them off using fibonacci.
  • This strategy removes ANY DISCRETION involved in using fibonacci levels. This couldn’t be more in keeping with the entire K.I.S.S. philosophy of this trading strategy
  • We use Fibonacci in this strategy as an OPTIONAL tool. If you decide to use Fibonacci with this strategy, the best way of using it will be to have a mechanistic method for determining entry and exit points.

  • Fibonacci retracement levels can be used for limit entry orders and stop loss orders.
  • Fibonacci extension levels can be used for take profit orders
  • You can copy my fibonacci settings in the screenshot below. I use the following fibonacci % levels:

https://preview.redd.it/p4c2a7ep24651.png?width=2906&format=png&auto=webp&s=71dd141e527d0516e6f019a2c7abf8f9f4daa83c

  • It really is a stupidly simple way we will draw the fibs (note: it will be the SAME WAY on every single trade). We simply draw the fibs over the setup candle. ALWAYS draw the fibs in the direction that price is moving ie: from left to right. So if you have a bullish setup candle you draw your fibs from the LOW to the HIGH of the setup candle. If you have a bearish setup candle you will draw the fibs from the HIGH of the candle to the LOW of the candle. I will cover in a future post which levels we use for entry and exit, although many of you will be able to figure it out quickly. Examples below:
https://preview.redd.it/r1vqhq5tpz451.png?width=2820&format=png&auto=webp&s=39732ceb5390eeef4d560600d7dd0a9a2364ac02

https://preview.redd.it/mbbnlh93qz451.png?width=2820&format=png&auto=webp&s=38c70327a2df4d20fbcd2de0bd8bc5c9cde4ed51
That’s a wrap for Part III.
submitted by ParallaxFX to Forex [link] [comments]

Part II - 10 Minute/Day Trading Strategy

Part II - 10 Minute/Day Trading Strategy
Access Part I here: https://www.reddit.com/Forex/comments/h0iwbu/part_i_my_10_minuteday_trading_strategy/
Welcome to Part II of this ongoing series. How many parts will there be? No idea. At least 4-5, I guess. I'd rather have this broken down into digestible chunks than just fire hose you with information.
Part I was really just a primer. If I'm using the whole baking a cake analogy, then in Part I we covered what kind of cake we're baking. I will not cover in this post where we look for entries and exits, that's coming next. Part II is going to cover what ingredients we need and why we need those ingredients in greater detail.
What Kind Of Strategy Is This Again?It's my 10 minutes per day, trading strategy. I think the beauty of this strategy is that it allows you to take a good number of trader per week without having to commit an inordinate amount of time to the screens. This is both a mean reversion and trend-continuation based strategy. It is dead simple to learn and apply. I'd expect a 10 year old to be able to make money with this.
The List Of Ingredients & Why We Use These Particular Ingredients
*I will have an image at the end of the post showing a textbook long and short setup*
Bollinger Bands: Bollinger Bands (BB) have a base line (standard is the 20SMA, which is also what we will use for this strategy) and two other trend lines (known as the upper Bollinger band [UBB] and lower Bollinger band [LBB]) plotted 2 standard deviations away from the 20SMA. The idea behind BB is deviously simple - the vast majority of price action, approx. 90%, takes place in between the two bands. In other words, when price trades off the UBB or LBB, you could consider prices to be overbought/oversold. However, just because something is OVERbought does NOT mean its run is OVER. Therefore we need additional tools to make sure we are using the BB as effectively as possible. TLDR: BB help contextualize where to look for our technical setups using this strategy. Finding the candle/bar pattern is not enough. We need to make sure the setup is in the 'right' part of the chart. We accomplish that using the BB.
Stochastic Oscillator: The Stochastic Oscillator (Stochs) is a secondary momentum indicator. Because it is an oscillator that means the signals it generates are range-bound between 0 and 100. There are tons of momentum indicators out there. Theoretically you could swap out the Stochs for RSI or MACD. My hunch is that you won't see a measurable statistical difference in performance if you do. So why Stochs? Because I like the fact you have the %K and %D lines (you can think of them as moving averages) and the fact that the %K and %D lines crossover is a helpful visual aid. Like any other momentum indicator, the Stochs will generate overbought and oversold signals. We use the Stochs to help back up what the BB are telling us. If price is trading at, or even broken out of, the UBB and Stochs are also veeeery overbought that can be potentially useful information. It doesn't mean we have a trade necessarily, but it is a helpful piece of data.
Fibonacci Retracement & Extension Tool: This tool is OPTIONAL. The only reason I use this tool for this strategy is to integrate a mechanistic means of entry and exit. In other words, we can use fibonacci levels to place limit orders for entry and profit taking, and a stop order to get us out for our pre-defined risk allocation to each particular trade. If you DON'T want to use the fibs, that is perfectly okay. It just means you will add a more discretionary layer to this strategy
Candlestick/Bar Patterns: There isn't a whole lot to say here. We look for ONE formation over, and over, and over again. An indecision bar (small body, doesn't close on its highs or lows) followed by the setup bar which is an outside bar or an engulfing bar. It doesn't particularly matter if the setup bar is an engulfing bar or outside bar. What matters is that for a long trade the setup bar makes a HIGHER HIGH and has a HIGHER CLOSE relative to the indecision bar. The opposite for a short trade setup. The bar formation is what ultimately serves as the trigger for placing orders to take a trade.
*MOVING ON* Now We Get Into The Setup Itself:There are 3 places where we look for trades using this strategy:
  1. Short off the UBB (Here we want to see Stochastics overbought and crossing down. Bearish divergence is even better)
  2. Long off the LBB (Here we want to see Stochastics oversold and crossing up. Bullish divergence is even better)
  3. Long/Short off the Middle Bollinger Band (Here if you are looking for a short trade off the MBB you ideally want Stochs overbought. Vice versa for a long trade. NOTE: Often when taking trades off the MBB, Stochs WON'T go overbought/oversold. Because this doesn't happen often, I don't let it stop me from taking trades off the MBB.)
The actual setup is very simple and straightforward. We look for our candle/bar formation in conjunction with points 1 through 3 from the above.
There will be other nuances I will cover in terms of how to make the strategy more effective in Part 3. For example, I will go into much more detail about how the shape of the BB can tell us a lot about whether a currency pair is likely to reverse or not. I will also cover how to gauge the strength of the setup candle and a few other tips and tricks.
Technical Nuances: You can overlay a lot of other traditional technical analysis on top of the above. For example you can look for short trades off the UBB in conjunction with a prior broken support level that you now expect to be working overhead resistance. If you want to go further and deeper, of course you can. Note: the above is about as far as I went when overlaying other kinds of analysis onto this strategy. I like to keep it simple, stupid.
TEXTBOOK LONG TRADE OFF LBB:

https://preview.redd.it/e06otysgsh451.png?width=2820&format=png&auto=webp&s=101b3eed1b42512d639644bcc096d1026e558f17

TEXTBOOK SHORT TRADE OFF UBB:
https://preview.redd.it/yfg02yjhsh451.png?width=2820&format=png&auto=webp&s=18b427995f3dcecb22e1ae7f15cd5b3cd53c18e4
TRADE OFF MBB:
https://preview.redd.it/8kvzknaish451.png?width=2820&format=png&auto=webp&s=2f1e6113475193e8b812bface880a77e82ad7eeb

And that's a wrap for Part II.
submitted by ParallaxFX to Forex [link] [comments]

So you wanna trade Forex? - tips and tricks inside

Let me just sum some stuff up for you newbies out there. Ive been trading for years, last couple of years more seriously and i turned my strategies into algorithms and i am currently up to 18 algorithms thats trading for me 24/7. Ive learned alot, listened to hundreds of podcasts and read tons of books + research papers and heres some tips and tricks for any newbie out there.

  1. Strategy - How to... When people say "you need a trading strategy!!" Its because trading is very hard and emotional. You need to stick to your rules at all times. Dont panic and move your stop loss or target unless your rules tell you to. Now how do you make these rules? Well this is the part that takes alot of time. If your rules are very simple (for example: "Buy if Last candles low was the lowest low of the past 10 candles." Lets make this a rule. You can backtest it manually by looking at a chart and going back in time and check every candle. or you can code it using super simple software like prorealtime, MT4 ++ Alot of software is basicly "click and drag" and press a button and it gives you backtest from 10-20-30 years ago in 5 seconds. This is the absolute easiest way to backtest rules and systems. If your trading "pure price action" with your drawn lines and shit, the only way to truly backtest that kind of trading is going in a random forex pair to a random point in time, could be 1 year ago, 1 month ago, 5 years ago.. and then you just trade! Move chart 1 candle at a time, draw your lines and do some "actual trading" and look at your results after moving forward in the chart. If you do not test your strategy your just going in blind, which could be disaster.. Maybe someone told u "this is the correct way to trade" or "this strategy is 90% sure to win every trade!!!" If you think you can do trading without a strategy, then your most likely going to look back at an empty account and wonder why you moved that stop loss or why you didnt take profit etc.. and then your gonna give up. People on youtube, forums, interwebz are not going to give you/sell you a working strategy thats gonna make you rich. If they had a working strategy, they would not give it away/sell it to you.
  2. Money management - How to.... Gonna keep this one short. Risk a small % of your capital on each trade. Dont risk 10%, dont risk 20%. You are going to see loosing trades, your probably gonna see 5-10 loss in a row!! If your trading a 1000$ account and your risking 100$ on each trade (10%) and you loose 5 in a row, your down -50% and probably you cant even trade cus of margin req. Game over.. Now how does one get super rich, super fast, from risking 1-3% of your account on each trade?? Well heres the shocking message: YOU CANT GET RICH FAST FROM TRADING UNLESS YOUR WILLING TO GO ALL IN! You can of course go all in on each trade and if you get em all right, you might get 1000%, then you go all in 1 more time and loose it all... The whole point of trading is NOT going bust. Not loosing everything, cus if you loose it all its game over and no more trading for you.
  3. Find your own trading style.... Everyone is different. You can have an average holding period of 1 month or you could be looking at a 1 min chart and average holding time = 10 minutes. For some, less volatility helps them sleep at night. For others, more volatility gives them a rush and some people crave this. There is no "correct" timeframes, or holding periods, or how much to profit or how much to loose. We are all individuals with different taste in risk. Some dont like risk, others wanna go all in to get rich over night. The smart approach is somewhere in the middle. If you dont risk anything, your not gonna get anything. If you risk everything, your most likely going to loose everything. When people are talking about trading style, this is kinda what that means.
  4. There are mainly 2 ways to trade: Divergence and Convergence. Or in other words: Mean reversion or trend following. Lets talk about them both: Trend following is trying to find a trend and stay with the trend until its over. Mean reversion is the belief that price is too far away from the average XX of price, and sooner or later, price will have to return to its average/mean (hence the name: MEAN reversion). Trend following systems usually see a lower winrate (30-40% winrate with no money management is not uncommon to see when backtesting trend following systems.. You can add good money management to get the winrate % higher. Why is the % winrate so low? Well a market, whatever that market is, tend to get real choppy and nasty right after a huge trend. So your gonna see alot of choppy fake signals that might kill 5-6 trades in a row, until the next huge trend starts which is going to cover all the losses from the small losses before the trend took off. Then you gotta hold that trade until trade is done. How do you define "when trend starts and stops"? Well thats back to point 1, find a strategy. Try defining rules for an entry and exit and see how it goes when you backtest it. For mean reversion the win % is usually high, like 70-90% winrate, but the average winning trade is alot smaller than the average loosing trade. this happens because you are basicly trying to catch a falling knife, or catch a booming rocket. Usually when trading mean reversion, waiting for price to actually reverse can very often leave you with being "too late", so you kinda have to find "the bottom" or "the top" before it actually has bottomed/ topped out and reversed. How can you do this you ask? Well your never going to hit every top or every bottom, but you can find ways to find "the bottom-ish" or "the top-ish", thens ell as soon as price reverts back to the mean. Sometimes your gonna wish you held on to the trade for longer, but again, back to point 1: Backtest your rules and figure that shit out.

Read these 4 points and try to follow them and you are at least 4 steps closer to being a profitable trader. Some might disagree with me on some points but i think for the majority, people are going to agree that these 4 points are pretty much universal. Most traders have done or are doing these things every day, in every trade.
Here is some GREAT material to read: Kevin Davey has won trading championship multiple times and he has written multiple great books, from beginner to advanced level. Recommend these books 100%, for example: Building winning algorithmic trading systems" will give you alot to work with when it comes to all 4 of the above points. Market wizards, Reminiscences of a stock operator are 2 books that are a great read but wont give you much "trading knowledge" that you can directly use for your trading. Books on "The turtles" are great reading. Then you have podcasts and youtube. I would stay away from youtube as much as possible when it comes to "Heres how to use the rsi!!!" or "this strategy will make you rich!!". Most youtube videoes are made by people who wanna sell you a course or a book. Most of this is just pure bullshit. Youtube can very harmfull and i would honestly advice about going there for "strategy adivce" and such. Podcasts tho are amazing, i highly recommend: Better systems trader, Chat with traders, Top traders unplugged, We study billionairs, to name a few :)
Also, on a less funny note.. Please realize that you are, and i am, real fucking stupid and lazy compared to the actual pro's out there. This is why you should not go "all in" on some blind stupid strategy youve heard about. This is why this is indeed VERY FUCKING HARD and most, if not everyone has busted an account or two before realizing just this. Your dumb.. your not going to be super rich within 1 year.. You can not start with 500$ account and make millions! (some might have been able to do this, but know that for every winner, theres 999 loosers behind him that failed... Might work fine first 5 trades, then 1 fuckup tho and ur gone..
And lastly: Try using a backtesting software. Its often FREE!!! (on a demo account) and often so simple a baby could use it. If your trading lines and such there exists web broweser "games" and softwares that lets you go "1 and 1 candle ahead" in random forex pairs and that lets you trade as if its "real" as it goes.
A big backtesting trap however is backtesting "losely" by just drawing lines and looking at chart going "oh i would have taken this trade FOR SURE!! I would have made so much money!!" however this is not actually backtesting, its cherry picking and its biased beyond the grave, and its going to hurt you. Try going 1 candle at a time doing "real and live" trades and see how it goes.

Bonus point!!
many people misunderstands what indicators like the RSI is telling you. Indeed something is "overbought" or "oversold" but only compared to the last average of xx amounts of bars/candles.
It doesn't tell you that RIGHT NOW is a great time to sell or buy. It only tells you that the math formula that is RSI, gives you a number between 1-100, and when its above 70 its telling you that momentum is up compared to the last average 14 candles. This is not a complete buy/sell signal. Its more like a filter if anything. This is true for MOST indicators. They INDICATE stuff. Dont use them as pure buy/sell signals.. At least backtest that shit first! Your probably gonna be shocked at the shitty results if you "buy wehn rsi is undeer 30 and sell when RSI is above 70".

Editedit: Huge post already, why not copy paste my comment with an example showing the difference in trend following vs mean reversion:
The thing about trend following is that we never know when a trade starts and when it ends. So what often happens is that you have to buy every breakout going up, but not every breakout is a new trend. Lets do an example. Check out the photo i included here: https://imageshost.eu/image/image.RcC

THE PHOTO IS JUST AN EXAMPLE THAT SHOWS WHY A TYPICAL TREND FOLLOWING STRATEGY HAVE A "LOW" WINRATE.
THE PHOTO IS NOT SHOWING AN EXAMPLE OF MY STRATEGIES OR TRADING.

  1. We identify the big orange trend up.
  2. We see the big break down (marked with the vertical red line) this is telling us we are not going higher just yet. Our upwards trend is broken. However we might continue going up in a new trend, but when will that trend come?
  3. We can draw the blue trend very earyly using highs and lows, lines up and down. Then we begin to look for breakouts of the upper blue line. So every time price breaks upper blue line we have to buy (cus how else are we going to "catch the next trend going up?)
As you can see we get 5 false breakouts before the real breakout happens!
Now if you could tell fake breakouts from real breakouts, your gonna be rich hehe. For everyone else: Take every signal you can get, put a "tight" stop loss so in case its a fake signal you only loose a little bit. Then when breakout happens as you can clearly see in chart, your going to make back all the small losses.
So in this example we fail 5 times, but get 1 HUGE new trend going further up. This 1 huge trade, unless we fuck it up and take profits too early or shit like that, is going to win back all those small losses + more.
This is why trend following has a low winrate. You get 5 small loss and 1 big win.

Now lets flip this! Imagine if your trading Mean reversion on all the same red arrows! So every time price hits the blue line, we go short back to the bottom (or middle) again! You would have won 5 trades with small profits, but on that last one you would get stopped out so hard. Meaning 5 small wins, 1 big loss (as some have pointed out in comments, if you where trading mean reverting you would wanna buy the lows as well as short the tops - photo was suppose to show why trend following strategies have a lower % winrate.)

Final edit: sorry this looks like a wall of text on ur phones.
submitted by RipRepRop to Forex [link] [comments]

The Flaw in the Free Education Theory.

The Flaw in the Free Education Theory.
Open letter to those who believe we can learn to be profitable traders for free. I have some points I think I need answered in this theory.

Before I go further; I do not sell Forex education, do not know anyone I'd recommend and have no inputs what-so-ever on who would be good to pay to learn. This is not an advert, it just objective.

We'll start by entertaining this notion that we can all learn for free (and we'll ignore the inconvenient fact that almost no one actually makes money even though this free stuff is there for all). So let's warp into a m alternative reality where most people can easily make money in Forex if they just read the free education. Put aside 100 hours, and you're set. All that's left now is picking out the colour of your jet.

How does the market work? Oh ... that's right. Buyers and sellers. What happens when everyone know the same stuff and that same stuff is actually correct? Everyone takes the exact same trades. Seems legit, but wait a second ... who takes the other side of the trade? This is a problem, since we'd have to assume if everyone could learn for free, then everyone would and therefore the markets would reach a nash equilibrium. Like playing knots and crosses when both of you know optimum strategy, there is no way anyone can win or lose.

So, if in theory we could all win with free education, we'd accelerate towards a point where no one can win. Seems legit.

What would happen, in this magical world where we all know the right thing to do and no one has any edge at all? Would it be possible that there'd be some groups of large entities like banks that were able to notice everyone was doing the exact same thing? Do you think they will do the same thing when they know no one can win doing that? Does this seem logical?

it's not logical. What is logical is they will trade against these positions. How would that happen?


Position Clusters

In the above example we've all learned from our Babypips where to buy. Everyone knows this. So everyone does it. Price will start to move up. So if a bigger player wanted to profit here, they'd find it harder to get the price they want (or they'd get it first, meaning none of us get the price we want which also fucks the entire theory). They can do better just trading against you. It really is simple, because everyone has already laid out their easy take profit area.

They can sell when all the mass positions start to push the market up and they can then dump this position into your stops.
Stop Grab

Does this look like something actively happening in the markets day to day (Uh huh).

How long do you think it would take for everyone using free same free stuff available (and the same free indicators in the same free trading platforms) before what the people using this free stuff do becomes stupidly predictable? How long after this do you think it would become useless because larger entities traded against these positions? Finally ... how long has there been free education for all. Are you getting the picture here?

Parts of free education are useful. In the same way that learning about words and punctuation is useful to a person who'd want to write a book. However, what the free education theory is more akin to is all of us going out and copy/pasting the Harry Potter books and all of us selling as many as JK herself. Again, seems legit. We can all do exactly the same thing, but somehow (from who knows where) wee still find the same volume of people to be on the consumer end. I mean, they have their own Harry Potter books too, but they still go out and buy them .... from everyone. Does any of this sound logical?

So my question is, for those who promote this idea, how does it work? Can you explain to me using the dynamics of how the market has to work (not just saying pointless things like "if you have to pay it's a scam") how it would be possible for us all to learn for free and then continue to profit from that?
submitted by whatthefx to Forex [link] [comments]

How to get started in Forex - A comprehensive guide for newbies

Almost every day people come to this subreddit asking the same basic questions over and over again. I've put this guide together to point you in the right direction and help you get started on your forex journey.

A quick background on me before you ask: My name is Bob, I'm based out of western Canada. I started my forex journey back in January 2018 and am still learning. However I am trading live, not on demo accounts. I also code my own EA's. I not certified, licensed, insured, or even remotely qualified as a professional in the finance industry. Nothing I say constitutes financial advice. Take what I'm saying with a grain of salt, but everything I've outlined below is a synopsis of some tough lessons I've learned over the last year of being in this business.

LET'S GET SOME UNPLEASANTNESS OUT OF THE WAY

I'm going to call you stupid. I'm also going to call you dumb. I'm going to call you many other things. I do this because odds are, you are stupid, foolish,and just asking to have your money taken away. Welcome to the 95% of retail traders. Perhaps uneducated or uninformed are better phrases, but I've never been a big proponent of being politically correct.

Want to get out of the 95% and join the 5% of us who actually make money doing this? Put your grown up pants on, buck up, and don't give me any of this pc "This is hurting my feelings so I'm not going to listen to you" bullshit that the world has been moving towards.

Let's rip the bandage off quickly on this point - the world does not give a fuck about you. At one point maybe it did, it was this amazing vision nicknamed the American Dream. It died an agonizing, horrible death at the hand of capitalists and entrepreneurs. The world today revolves around money. Your money, my money, everybody's money. People want to take your money to add it to theirs. They don't give a fuck if it forces you out on the street and your family has to live in cardboard box. The world just stopped caring in general. It sucks, but it's the way the world works now. Welcome to the new world order. It's called Capitalism.

And here comes the next hard truth that you will need to accept - Forex is a cruel bitch of a mistress. She will hurt you. She will torment you. She will give you nightmares. She will keep you awake at night. And then she will tease you with a glimmer of hope to lure you into a false sense of security before she then guts you like a fish and shows you what your insides look like. This statement applies to all trading markets - they are cruel, ruthless, and not for the weak minded.

The sooner you accept these truths, the sooner you will become profitable. Don't accept it? That's fine. Don't bother reading any further. If I've offended you I don't give a fuck. You can run back home and hide under your bed. The world doesn't care and neither do I.

For what it's worth - I am not normally an major condescending asshole like the above paragraphs would suggest. In fact, if you look through my posts on this subreddit you will see I am actually quite helpful most of the time to many people who come here. But I need you to really understand that Forex is not for most people. It will make you cry. And if the markets themselves don't do it, the people in the markets will.

LESSON 1 - LEARN THE BASICS

Save yourself and everybody here a bunch of time - learn the basics of forex. You can learn the basics for free - BabyPips has one of the best free courses online which explains what exactly forex is, how it works, different strategies and methods of how to approach trading, and many other amazing topics.

You can access the BabyPips course by clicking this link: https://www.babypips.com/learn/forex

Do EVERY course in the School of Pipsology. It's free, it's comprehensive, and it will save you from a lot of trouble. It also has the added benefit of preventing you from looking foolish and uneducated when you come here asking for help if you already know this stuff.

If you still have questions about how forex works, please see the FREE RESOURCES links on the /Forex FAQ which can be found here: https://www.reddit.com/Forex/wiki/index

Quiz Time
Answer these questions truthfully to yourself:

-What is the difference between a market order, a stop order, and a limit order?
-How do you draw a support/resistance line? (Demonstrate it to yourself)
-What is the difference between MACD, RSI, and Stochastic indicators?
-What is fundamental analysis and how does it differ from technical analysis and price action trading?
-True or False: It's better to have a broker who gives you 500:1 margin instead of 50:1 margin. Be able to justify your reasoning.

If you don't know to answer to any of these questions, then you aren't ready to move on. Go back to the School of Pipsology linked above and do it all again.

If you can answer these questions without having to refer to any kind of reference then congratulations, you are ready to move past being a forex newbie and are ready to dive into the wonderful world of currency trading! Move onto Lesson 2 below.

LESSON 2 - RANDOM STRANGERS ARE NOT GOING TO HELP YOU GET RICH IN FOREX

This may come as a bit of a shock to you, but that random stranger on instagram who is posting about how he is killing it on forex is not trying to insprire you to greatness. He's also not trying to help you. He's also not trying to teach you how to attain financial freedom.

99.99999% of people posting about wanting to help you become rich in forex are LYING TO YOU.

Why would such nice, polite people do such a thing? Because THEY ARE TRYING TO PROFIT FROM YOUR STUPIDITY.

Plain and simple. Here's just a few ways these "experts" and "gurus" profit from you:


These are just a few examples. The reality is that very few people make it big in forex or any kind of trading. If somebody is trying to sell you the dream, they are essentially a magician - making you look the other way while they snatch your wallet and clean you out.

Additionally, on the topic of fund managers - legitimate fund managers will be certified, licensed, and insured. Ask them for proof of those 3 things. What they typically look like are:

If you are talking to a fund manager and they are insisting they have all of these, get a copy of their verification documents and lookup their licenses on the directories of the issuers to verify they are valid. If they are, then at least you are talking to somebody who seems to have their shit together and is doing investment management and trading as a professional and you are at least partially protected when the shit hits the fan.


LESSON 3 - UNDERSTAND YOUR RISK

Many people jump into Forex, drop $2000 into a broker account and start trading 1 lot orders because they signed up with a broker thinking they will get rich because they were given 500:1 margin and can risk it all on each trade. Worst-case scenario you lose your account, best case scenario you become a millionaire very quickly. Seems like a pretty good gamble right? You are dead wrong.

As a new trader, you should never risk more than 1% of your account balance on a trade. If you have some experience and are confident and doing well, then it's perfectly natural to risk 2-3% of your account per trade. Anybody who risks more than 4-5% of their account on a single trade deserves to blow their account. At that point you aren't trading, you are gambling. Don't pretend you are a trader when really you are just putting everything on red and hoping the roulette ball lands in the right spot. It's stupid and reckless and going to screw you very quickly.

Let's do some math here:

You put $2,000 into your trading account.
Risking 1% means you are willing to lose $20 per trade. That means you are going to be trading micro lots, or 0.01 lots most likely ($0.10/pip). At that level you can have a trade stop loss at -200 pips and only lose $20. It's the best starting point for anybody. Additionally, if you SL 20 trades in a row you are only down $200 (or 10% of your account) which isn't that difficult to recover from.
Risking 3% means you are willing to lose $60 per trade. You could do mini lots at this point, which is 0.1 lots (or $1/pip). Let's say you SL on 20 trades in a row. You've just lost $1,200 or 60% of your account. Even veteran traders will go through periods of repeat SL'ing, you are not a special snowflake and are not immune to periods of major drawdown.
Risking 5% means you are willing to lose $100 per trade. SL 20 trades in a row, your account is blown. As Red Foreman would call it - Good job dumbass.

Never risk more than 1% of your account on any trade until you can show that you are either consistently breaking even or making a profit. By consistently, I mean 200 trades minimum. You do 200 trades over a period of time and either break-even or make a profit, then you should be alright to increase your risk.

Unfortunately, this is where many retail traders get greedy and blow it. They will do 10 trades and hit their profit target on 9 of them. They will start seeing huge piles of money in their future and get greedy. They will start taking more risk on their trades than their account can handle.

200 trades of break-even or profitable performance risking 1% per trade. Don't even think about increasing your risk tolerance until you do it. When you get to this point, increase you risk to 2%. Do 1,000 trades at this level and show break-even or profit. If you blow your account, go back down to 1% until you can figure out what the hell you did differently or wrong, fix your strategy, and try again.

Once you clear 1,000 trades at 2%, it's really up to you if you want to increase your risk. I don't recommend it. Even 2% is bordering on gambling to be honest.


LESSON 4 - THE 500 PIP DRAWDOWN RULE

This is a rule I created for myself and it's a great way to help protect your account from blowing.

Sometimes the market goes insane. Like really insane. Insane to the point that your broker can't keep up and they can't hold your orders to the SL and TP levels you specified. They will try, but during a flash crash like we had at the start of January 2019 the rules can sometimes go flying out the window on account of the trading servers being unable to keep up with all the shit that's hitting the fan.

Because of this I live by a rule I call the 500 Pip Drawdown Rule and it's really quite simple - Have enough funds in your account to cover a 500 pip drawdown on your largest open trade. I don't care if you set a SL of -50 pips. During a flash crash that shit sometimes just breaks.

So let's use an example - you open a 0.1 lot short order on USDCAD and set the SL to 50 pips (so you'd only lose $50 if you hit stoploss). An hour later Trump makes some absurd announcement which causes a massive fundamental event on the market. A flash crash happens and over the course of the next few minutes USDCAD spikes up 500 pips, your broker is struggling to keep shit under control and your order slips through the cracks. By the time your broker is able to clear the backlog of orders and activity, your order closes out at 500 pips in the red. You just lost $500 when you intended initially to only risk $50.

It gets kinda scary if you are dealing with whole lot orders. A single order with a 500 pip drawdown is $5,000 gone in an instant. That will decimate many trader accounts.

Remember my statements above about Forex being a cruel bitch of a mistress? I wasn't kidding.

Granted - the above scenario is very rare to actually happen. But glitches to happen from time to time. Broker servers go offline. Weird shit happens which sets off a fundamental shift. Lots of stuff can break your account very quickly if you aren't using proper risk management.


LESSON 5 - UNDERSTAND DIFFERENT TRADING METHODOLOGIES

Generally speaking, there are 3 trading methodologies that traders employ. It's important to figure out what method you intend to use before asking for help. Each has their pros and cons, and you can combine them in a somewhat hybrid methodology but that introduces challenges as well.

In a nutshell:

Now you may be thinking that you want to be a a price action trader - you should still learn the principles and concepts behind TA and FA. Same if you are planning to be a technical trader - you should learn about price action and fundamental analysis. More knowledge is better, always.

With regards to technical analysis, you need to really understand what the different indicators are tell you. It's very easy to misinterpret what an indicator is telling you, which causes you to make a bad trade and lose money. It's also important to understand that every indicator can be tuned to your personal preferences.

You might find, for example, that using Bollinger Bands with the normal 20 period SMA close, 2 standard deviation is not effective for how you look at the chart, but changing that to say a 20 period EMA average price, 1 standard deviation bollinger band indicator could give you significantly more insight.


LESSON 6 - TIMEFRAMES MATTER

Understanding the differences in which timeframes you trade on will make or break your chosen strategy. Some strategies work really well on Daily timeframes (i.e. Ichimoku) but they fall flat on their face if you use them on 1H timeframes, for example.

There is no right or wrong answer on what timeframe is best to trade on. Generally speaking however, there are 2 things to consider:


If you are a total newbie to forex, I suggest you don't trade on anything shorter than the 1H timeframe when you are first learning. Trading on higher timeframes tends to be much more forgiving and profitable per trade. Scalping is a delicate art and requires finesse and can be very challenging when you are first starting out.


LESSON 7 - AUTOBOTS...ROLL OUT!

Yeah...I'm a geek and grew up with the Transformers franchise decades before Michael Bay came along. Deal with it.

Forex bots are called EA's (Expert Advisors). They can be wonderous and devastating at the same time. /Forex is not really the best place to get help with them. That is what /algotrading is useful for. However some of us that lurk on /Forex code EA's and will try to assist when we can.

Anybody can learn to code an EA. But just like how 95% of retail traders fail, I would estimate the same is true for forex bots. Either the strategy doesn't work, the code is buggy, or many other reasons can cause EA's to fail. Because EA's can often times run up hundreds of orders in a very quick period of time, it's critical that you test them repeatedly before letting them lose on a live trading account so they don't blow your account to pieces. You have been warned.

If you want to learn how to code an EA, I suggest you start with MQL. It's a programming language which can be directly interpretted by Meta Trader. The Meta Trader terminal client even gives you a built in IDE for coding EA's in MQL. The downside is it can be buggy and glitchy and caused many frustrating hours of work to figure out what is wrong.

If you don't want to learn MQL, you can code an EA up in just about any programming language. Python is really popular for forex bots for some reason. But that doesn't mean you couldn't do it in something like C++ or Java or hell even something more unusual like JQuery if you really wanted.

I'm not going to get into the finer details of how to code EA's, there are some amazing guides out there. Just be careful with them. They can be your best friend and at the same time also your worst enemy when it comes to forex.

One final note on EA's - don't buy them. Ever. Let me put this into perspective - I create an EA which is literally producing money for me automatically 24/5. If it really is a good EA which is profitable, there is no way in hell I'm selling it. I'm keeping it to myself to make a fortune off of. EA's that are for sale will not work, will blow your account, and the developer who coded it will tell you that's too darn bad but no refunds. Don't ever buy an EA from anybody.

LESSON 8 - BRING ON THE HATERS

You are going to find that this subreddit is frequented by trolls. Some of them will get really nasty. Some of them will threaten you. Some of them will just make you miserable. It's the price you pay for admission to the /Forex club.

If you can't handle it, then I suggest you don't post here. Find a more newbie-friendly site. It sucks, but it's reality.

We often refer to trolls on this subreddit as shitcunts. That's your word of the day. Learn it, love it. Shitcunts.


YOU MADE IT, WELCOME TO FOREX!

If you've made it through all of the above and aren't cringing or getting scared, then welcome aboard the forex train! You will fit in nicely here. Ask your questions and the non-shitcunts of our little corner of reddit will try to help you.

Assuming this post doesn't get nuked and I don't get banned for it, I'll add more lessons to this post over time. Lessons I intend to add in the future:
If there is something else you feel should be included please drop a comment and I'll add it to the above list of pending topics.

Cheers,

Bob



submitted by wafflestation to Forex [link] [comments]

Misconceptions and ideas regarding trading

Years ago, I have stumbled on this little subreddit called Forex and it greatly improved my trading. I am by no means a millionaire but I'm doing well for myself. I want to give something back for the community that helped me develop myself.
1)Your profit %, risk reward ratio ..etc means nothing- Only thing you should care about is your risk of ruin. Its a simple formula.
2)Read Brent penfold 's book- The universal principles of successful trading. Its the only book I recommend to anyone. Nothing else. Not even a single article/blog more than this. Read the book ten times minimum.
3)Psychology is overrated- if you truly believe that the hardest part of trading is psychology then you're doing something wrong. You generally get emotional if you don't know what the fuck you're doing in the market.
4)Results are super important- People say that you should focus on the 'mindset' and all that but results is the only thing that will give you confidence. "You should enjoy smelling the roses after a hard day of work but never forget that the beauty of the roses lies in their transience"
5)Demo trading is a joke- Seriously. Never demo trade. You will learn nothing from it. The only exception is when you are building a strategy that cannot be backtested and don't have the money to try it real time.
6)Trading is gambling- No matter how much you deny it, trading is gambling. You will never know whats going to happen next so focus on protecting your capital first.
7)You won't make a million in your first year- Or your second, or your third unless you are some kind of prodigy. Trading is just like any other job. Instead of physical work, you put a lot of mental effort because all it takes is one bad trade to make you cry like a little bitch even if your previous 10 days made lots of money.
8)Invest your emotions in a few different hobbies - The reality of trading is that there will be bad days- days so FUCKING bad that you regret every single decision in your life. Easiest thing to solve this problem is to invest in something else, like hobbies- gym , meditation , your job etc. Spread your emotions into something where you can control the results.
9)Take a goddamn break and enjoy- If you are a day trader like me , always remember that you don't have to trade every single day. Its counter productive and makes you invest a lot of emotions in your trade. So you grew up your account by more than 10% in the past 15 days? Take a break and enjoy. Get drunk your ass off or whatever you prefer.
10)The easiest way to get rich in trading- is to develop a track record and find investors/ trading jobs. It takes a enormous load of effort and time to turn your 10k into 10million. Actually I am still underestimating but you get the point. Its close to impossible. Maintain a clean journal and a track record. That's your main focus.
To be honest I was surprised that there's a lot of free money flying around. I know a couple of investors because I am involved in a startup who told me that there's lot of money ready to invest if I had a clean trading track record. It blew my mind. Upon further research, I have realized that this is the easiest way to get rich, if that's the kind of thing you're after.
I understand that my perspective towards trading could be different from most of you,so please don't nitpick and waste my time. I am hoping that some of the critics will prove some of my ideas wrong though so that I can still improve.
Good luck. Stay safe and protect your ass. I love you all, fuckers but don't be a retard and do stupid shit.
submitted by mechz21 to Forex [link] [comments]

Shorting Noob - Series Round Up

Shorting Noob - Series Round Up
This will be my last post on this series in the sub on Shorting Noobs. It'll just be a quick fact based post with simple round up. I've explained here why I am leaving.
Part [1] [2] [3] [4] [5] [6] [7]

1 - I've backed up everything I say by showing what I do.

I've never used retroactive curve fitting or mere hypothetical. I forecast. I executed. I reported.

2 - 90 - 95% of the time I've been entirely correct in market predictions/signals.

This is not a bold claim, or a claim at all. The posts are there, the truth is there.

3 - I've never used double talk or fluff.

"Well you see it can go up if there is this, but then if there is this it will go down. So you see, we can be almost certain it will move (that's deep dude). There will be interesting scalping opportunities."

What the fuck? Repeat after me ... "Dunno. Could go either way". Equally interesting answer. I never do this. I give decimal place specifics. This is exactly where I engage, and I look for exactly this action. This is my plan.

4 - I've won trades that are against what the mood this sub was when I entered.

I shorted the peacocks. I won. Draw your own conclusions.

5 - I've tried my best to help you understand why.

I call out the mistake as it happens. I explain it before it happens. I post the counter signal. I document it all after explaining how.

In previous posts I've taken great time and attention to provide step by step evidence and source links to back up everything I've said. These are facts. I'm not going to defend them, you can check and decide for yourself.

Instead of the usual high effort/hard work posts I've done before, I'll just end this one with some parting messages.

To those who have enjoyed and engaged. Thank you. You've helped me to understand better how my thoughts on these things relate to other people's. Your questions and perspectives have helped me improve. I'm grateful to you.

To those who'd call themselves sceptics, assess the data. Otherwise you can keep calling yourself a sceptic, but you're not.
Part [1] [2] [3] [4] [5] [6] [7]

To those cynics who want to tell me how stupid I am, kindly do make me aware if you start a copy trading service.

And we'll finish with a montage of pictures I'd have been as well to post as the ones I've spent hours and hours creating to demonstrate things to those of you who are arrogant, ignorant but sadly, loud ...

https://preview.redd.it/z3ymrewd12j31.png?width=428&format=png&auto=webp&s=971a04918bd60a636060e78ebb99f1226300d963

https://preview.redd.it/atqb5d9j12j31.png?width=482&format=png&auto=webp&s=5b91f37f3b3c0d30f14845d7609b16cf82f0be49

https://preview.redd.it/pj0fobym12j31.png?width=424&format=png&auto=webp&s=54deb8f1abc1693ed75d2c7a94af8e48bcd71cbe

https://preview.redd.it/z7lwrxuq12j31.png?width=403&format=png&auto=webp&s=1cc94e523924613c301948e649760058bac6361d

Part [1] [2] [3] [4] [5] [6] [7]
submitted by whatthefx to Forex [link] [comments]

Trade tactic that will give you 80% of wining chance per trade

Trade tactic that will give you 80% of wining chance per trade
What if i told you that you can check exchange once a day make 5-6 trades per year and make stable growth with few simple rules.
Forget about day tradingDon't act based on feeling, always wait candle to closeFollow general trendNever use margin to compensate previous bad tradeForget about japanese candles Heiken Ashi chart will give you better picture.
Crypto is so frustrating... Its fucking seductive, it's addictive. Worst thing you people can do is to trade by guessing, following intuition, wishful thinking etc., fuck that, believe me, i opend bitfinex acc only because of iota listing, i didn't buy immediately, i knew that after 0.60 listing there will be dump, so i bought on .49 my first 800MI and the plan was i will sell on .80 but iota keeps falling more and more (Most of cryptos, not only IOTA) when it hit .30 i sold some btc and bought 3300 more iota, the plan was that i buy after every 50% but i honestly didnt believe that it can fall much more, in that time slack was on fire, few people were announcing next trades, they were margin shorting i cant remember the nicknames but i remember one guy was shorting for 10 minutes few times a day and usually he would tell us in advance on slack channel to be prepared and he made few K USD for that time, he was sayng that every day he's shorting just enough to have for restaurant and pocket money . I said to my self if one guy can move fucking market down for few cents with that ease than crypto is most fucked up market for investments, way before crypto freak show i was earning money on forex, and after initial loss of few thousands i finally learned to trade with profit, i payed for all beginner mistakes, looking to make huge money with no money, finding patterns on 5min chart, after bad trade make another one with bigger margin, scalping etc etc... all that stuff that doesn't work but you will not believe until you get hurt by your tactics, in other words you have to ruin some money that will teach you what you should and shoud not to do, and there is a lot of not to do in forex.
So scalping in forex is dumbest and most common beginner tactic, it can work for some time but in longrun you will lose all of initial capital. And this fucking guy is scalping with hundred thousand MI and there is no resistance to counter him, forex broker always bets against you, and the price will move in any direction where is less winners, but crypto exchanges will allow free fall, so that means you can forget swing trading on 3h 12h 1d charts, when you bet with 1d chart you will just wait more to loose money, result in longrun is disaster sooner or later you will get rammed by negative combo.
I follow few rules and i avoid to act against them, don't ever trade based on your wishful thinking, never invest more than one fifth of planed money, you will need that money to buy cheaper, if you invest all at once based on feeling the chances are you didn't enter position at flipering moment or you are realy lucky, and than how many times in a row you think is possible to win based on luck? Not many, fuck luck!
So days were passing by and IOTA hits .20 slack channel was nuclear, every bigger price drop David was showing on slack to calm people down, and usually he was more or less successful at least on short period of time. i honestly didn't believe iota can drop much further so i fomo sold some more btc and trow in 1000usd more into iota and now i have almost 10GI and i was for first time interested in crypto project i had feeling that IOTA will change the rules, no fees, infinite scalability etc. i really started to believe more and more in project, actually first time that i didn't thinking about 7-10% gain to cashout and forget about it.
It didn't pass much time iota hits .15 David is on slack and this time he's not preaching not to worry but he said something like that price is not good indicator of project value also that if they want they can pump iota to the moon in one day and that they are now reconsidering money rising for future projects, so you could tell he also didn't believe .15 IOTA and he's also disappointed.
So now what, buy more at .15 or wait for possible .10 people were calling? I decided to wait, and of course .15 was bottom but again trying to enter on trend change is fucking impossible, in those desprete times there was quite a few people that had more than few hundreds GI that bear guy had 300000 if i remember, he was funny guy he also didn't play with margin to much, he was saying that when iota hits 1usd we will not see him again, for me that wasn't making much sense, how can you plan your cahsout on 1usd when current price is around .15 -.17 and flipering is about to start but we steel don't know that yet, and my conclusion was this fucking guy was basing his strategy on guessing, fuck that guy, fuck 99% of slack TA experts, nobody know how to trade, not single guy in that time had some previous experience in trading, so as expected few shorters got caught in flipering on wrong side, one guy lost few TI shorting, same guy that was scalping market from ca .40 he was convince we will hit .10 again based on guessing. So that bear guy indeed vanished when iota hit 1 usd, and i knew that he wasn't the smartest guy around, he decided to exit because he was guessing that 1usd is top for iota, what a lesson, expensive one but still a lesson.
I am strating to ask my self am i the only fucking guy that bets on weekly Heikin Ashi chart and i honestly believe that very few people trade that way.
People are focused on distorted picture of 3h chart and they try to find resistance/support levels it can be profitable but also frustrating, lots of time wasted for few percent if you are lucky that day, the more positions you trade the risk of bad trade increases.
People that spend more than 10 minutes per day on exchange they don't know what they are doing, does guys are still in trial and error phase.
When i witness those horrible decisions based on nothing but guessing i am happy those margin guys lost massive amounts of money and also for guys that exited prematurely because of their poor decision lots of people made money, now i understand the therm " stupid money"
When you see this chart below, you don't have to guess anything, you just follow the trend, and again people are betting few times per day sometimes in different directions, how stupid is that?
https://preview.redd.it/wajxkyw7n2z11.png?width=1334&format=png&auto=webp&s=5716d3d9c3b4107dd77afcdb42c4ad1a2185574e

I sold first time on 5.5usd 4GI, didn't follow my own tactic, but it couldn't end up better, i was renovating my apartment so i had to sell, with rest of iota i went to USDT at around 3 usd, and reenter around 1usd again etc etc, you get the picture.

submitted by pafke321 to IOTAmarkets [link] [comments]

Existence of stupid simple strategy

The more I look at charts and more I read about banks trololo in forex markets that they have been already convicted of.
I begin to think that there must be some simple retarded strategy that all these fegs at meg steve and galdoon sakas etc use to conspire together.
Absolute tards were caught in chats conspiring on trades which means it cant be that complicated. Otherwise Todd at Galdoon after night of blowing powder will screw it up.
There is probably some stupid simple strategy out there on some wonky timeframe from certain source that signals these fegs to buy or sell together on intra day time frame.
If you found it, send me PM explaining it - dont let other fegs here know. Much thanks
submitted by Mozdar to Forex [link] [comments]

Tired of FAILING!!!

So damn tired, man. I tried a lot of business ideas that could work for me while staying legal about it. Coming from Brunei, a tiny country with about 350k population and a bad economic climate, my ideas are limited and initiatives are poorly executed.
Sure, I've learnt from my failures each time, but I just feel tired from even trying again. My first venture was an online e-commerce store selling gadgets and then realized I can't receive money via PayPal. Shit. Stupid little detail.
Second venture was Forex. Tried every strategy, backtest and learn some more. I made some money, cool. But it wasn't enough to sustain as a full time trading career. Working at my day job, I figure I might as well automate my strategy. It worked for the first week very well. Fucked up the following week. Simply because it lacks how to read the news for fundamental trading. I could quit but I need savings. According to calculations, it will take a year to get enough savings to last me 3 months. Moving on.
Third venture was Freelance Web Dev and scale to Web Dev Agency. Tough competition but I won a couple of contracts per month. Problem was it was taking up my day job time and made me lose focus. Had to cancel after my third project. AAARGH!!!
Fourth venture was working on a simple startup for take down stolen copyrighted software/content for software and content companies/businesses. Partnered with 2 younger fellows. And that was a problem, they were too young. Not only that, we had miscommunication after I set up everything for the startup (company name, domain, hosting, customer management system, email, backup scheduler, etc). We decided since we had no rhythm, we closed up shop. So much facepalm.
Fifth venture, affiliate marketing. I hate it. I riddled my blog with lots of offers and ads, gained little traffic and 0 conversions. I realized it's taking way too long to be recognised as an authentic guy to refer others to products, even with my personal reviews. Sigh.
Sixth venture, website flipping. My e-commerce shop from my first venture was still running (about 3 years I think) and about to expire. Decided to sell and see if anyone wants to flip it for more. Advertised on Craigslist, Flippa and a few other online ad boards. No catch. Investment wasted. Thought I could use it as a start to build more websites and sell them. I must suck as a WebDev.
I'm on my seventh venture, won't say more but it involves food decisions and delivery simplicity for busy people but I'm also tired of working on it. Kinda lost motivation. Burnt. And now I'm here ranting.
Sorry for the wall text. Just wanna let loose.
submitted by nosepickingexpert to Entrepreneur [link] [comments]

fdfdfdfdfdf

https://www.amazon.com/1-page-marketing-plan-customers-money-ebook/dp/b01b35m3sm https://www.amazon.com/1-rule-process-achieve-wildest-ebook/dp/b079y68d9x https://www.amazon.com/2019-lottery-dream-numbers-book-ebook/dp/b07lg95psq https://www.amazon.com/25-day-challenge-veronica-isles-ebook/dp/b01cayt9zk https://www.amazon.com/30-day-attraction-experiment-quest-ebook/dp/b00clxbhew https://www.amazon.com/300-winning-lottery-affirmations-attraction-ebook/dp/b07p1wzh9w https://www.amazon.com/50th-law-50-cent-ebook/dp/b002m41tru https://www.amazon.com/allow-mastering-effort-receive-desires-ebook/dp/b01ar1aa3s https://www.amazon.com/amazing-life-lessons-which-change-ebook/dp/b079j5p75d https://www.amazon.com/abundance-code-julie-ann-cairns-ebook/dp/b00zb242xs https://www.amazon.com/advanced-ericksonian-hypnotherapy-scripts-jones-ebook/dp/b00irmfjtu https://www.amazon.com/advanced-law-attraction-techniques-manifestation-ebook/dp/b015mxnc3q https://www.amazon.com/advanced-magic-money-creating-abundance-ebook/dp/b071jq3l7h https://www.amazon.com/advanced-manifesting-attraction-attunement-vibrations-ebook/dp/b07qpbcd2m https://www.amazon.com/advanced-manifesting-made-easy-metaphysical-ebook/dp/b076nxxcqt https://www.amazon.com/affirmations-positive-reprogram-subconscious-manifest-ebook/dp/b00vee4eh6 https://www.amazon.com/affirmations-practical-techniques-unleash-subconscious-ebook/dp/b01apyy9j8 https://www.amazon.com/affirmations-success-positive-transform-attraction-ebook/dp/b00i10fw9u https://www.amazon.com/ageless-metabolic-cure-science-genetically-ebook/dp/b07phv3q18 https://www.amazon.com/alchemist-paulo-coelho-ebook/dp/b00u6sfuss https://www.amazon.com/alchemy-lovecrafts-library-book-1-ebook/dp/b004crsu3q https://www.amazon.com/are-builders-our-fortunes-self-reliance-ebook/dp/b00dk2u3xo https://www.amazon.com/art-non-conformity-rules-change-perigee-ebook/dp/b0042fzwc0 https://www.amazon.com/art-reading-people-manipulation-psychology-ebook/dp/b07nchwbh6 https://www.amazon.com/as-man-thinketh-james-allen-ebook/dp/b0788sfm2r https://www.amazon.com/ask-given-learning-manifest-attraction-ebook/dp/b00dj735o4 https://www.amazon.com/ask-until-given-minutes-god-like-ebook/dp/b07dfprhkw https://www.amazon.com/ask-your-guides-sonia-choquette-ebook/dp/b003h7evlc https://www.amazon.com/astonishing-power-emotions-attraction-book-ebook/dp/b009erlgai https://www.amazon.com/attract-good-luck-victoria-gallagher-ebook/dp/b00e4txsra https://www.amazon.com/attract-money-forever-companion-manifest-ebook/dp/b076ms6sfj https://www.amazon.com/attract-money-using-mind-power-ebook/dp/b076tsx5mx https://www.amazon.com/attunement-source-become-creator-manifest-ebook/dp/b07c483k3h https://www.amazon.com/aura-balancing-balance-satisfying-lives-ebook/dp/b00gb940za https://www.amazon.com/autobiography-andrew-carnegie-gospel-wealth-ebook/dp/b0030n6e3g https://www.amazon.com/awakened-imagination-linked-table-contents-ebook/dp/b01in0fk9y https://www.amazon.com/beat-odds-lottery-forex-trader-ebook/dp/b07cgyvhmp https://www.amazon.com/banned-manifestation-secrets-book-ebook/dp/b00hqk9efy https://www.amazon.com/basics-numerology-what-birthdate-about-ebook/dp/b00lh2z2ey https://www.amazon.com/be-what-you-wish-contents-ebook/dp/b00xe23mcy https://www.amazon.com/become-medical-intuitive-complete-developmental-ebook/dp/b00ql7h3zq https://www.amazon.com/becoming-supernatural-common-people-uncommon-ebook/dp/b0746rn3g7 https://www.amazon.com/beginning-magic-money-creating-abundance-ebook/dp/b071jq9ttz https://www.amazon.com/believe-yourself-dr-joseph-murphy-ebook/dp/b00dxx6rmq https://www.amazon.com/believe-yourself-dr-joseph-murphy-ebook/dp/b01kktndvi https://www.amazon.com/book-rental-property-investing-passive-ebook/dp/b018uti2do https://www.amazon.com/book-secret-wisdom-prophetic-evolution-ebook/dp/b011j4t1ge https://www.amazon.com/brain-fog-fix-mike-dow-ebook/dp/b00zb242re https://www.amazon.com/brain-rules-updated-expanded-principles-ebook/dp/b00jnyexam https://www.amazon.com/brave-leadership-confident-powerful-authentic-ebook/dp/b077zh91tg https://www.amazon.com/breaking-habit-being-yourself-dispenza-ebook/dp/b006m7a8ji https://www.amazon.com/call-heart-heralding-messiah-teaching-ebook/dp/b01gytdg2o https://www.amazon.com/change-me-prayers-spiritual-surrender-ebook/dp/b00nzwjdlc https://www.amazon.com/code-extraordinary-mind-unconventional-redefine-ebook/dp/b0182smobe https://www.amazon.com/communications-crash-course-conversations-communication-ebook/dp/b07q4gppj9 https://www.amazon.com/compendium-magical-things-communicating-divine-ebook/dp/b07c6thw37 https://www.amazon.com/complete-book-numerology-david-phillips-ebook/dp/b003x4lem8 https://www.amazon.com/complete-william-walker-atkinson-unabridged-ebook/dp/b01ckh7poo https://www.amazon.com/complete-works-florence-scovel-shinn-ebook/dp/b07978ghkg https://www.amazon.com/complete-works-florence-scovel-shinn-ebook/dp/b07qcp6cxw https://www.amazon.com/confident-now-victoria-gallagher-ebook/dp/b00722zn92 https://www.amazon.com/creation-frequency-universe-manifest-dreams-ebook/dp/b07bmglk49 https://www.amazon.com/crystal-healing-beginners-meditating-crystals-ebook/dp/b01ncmoei3 https://www.amazon.com/crystals-made-easy-judy-hall-ebook/dp/b07dn2zfdk https://www.amazon.com/day-attraction-experiment-vol-how-ebook/dp/b074mk4cp4 https://www.amazon.com/days-positive-self-talk-shad-helmstetter-ebook/dp/b01970f9ya https://www.amazon.com/declutter-your-mind-yogic-way-ebook/dp/b07gd5zbms https://www.amazon.com/develop-confidence-improve-public-speaking-ebook/dp/b07lgf7v56 https://www.amazon.com/develop-your-personal-mission-statement-ebook/dp/b00cwik2i8 https://www.amazon.com/disruptive-leadership-counterintuitive-successful-business-ebook/dp/b07qjwbyp4 https://www.amazon.com/done-final-step-instant-manifestations-ebook/dp/b00p80wyf6 https://www.amazon.com/dont-work-stupid-coach-yourself-ebook/dp/b07q5dn87n https://www.amazon.com/dynamic-laws-prosperity-impact-books-ebook/dp/b00nrkazm8 https://www.amazon.com/empath-intuition-matters-survival-meditation-ebook/dp/b07gxfb7qr https://www.amazon.com/egyptian-magic-illustrated-wallis-budge-ebook/dp/b00glzrk7o https://www.amazon.com/eight-pillars-prosperity-james-allen-ebook/dp/b01ly7ip3m https://www.amazon.com/energy-codes-7-step-system-awaken-ebook/dp/b07gnvhkdw https://www.amazon.com/essential-law-attraction-collection-ebook/dp/b00ea8ufnu https://www.amazon.com/essential-rudolf-steiner-introduction-supersensible-ebook/dp/b011xhtmti https://www.amazon.com/feeling-secret-neville-goddard-ebook/dp/b07mc56dyf https://www.amazon.com/financially-independent-millennial-millionaire-thirties-ebook/dp/b07prjg6s5 https://www.amazon.com/four-agreements-practical-personal-freedom-ebook/dp/b005brs8z6 https://www.amazon.com/frequency-manifesting-vibrations-attraction-manifestation-ebook/dp/b015bqhxd4 https://www.amazon.com/game-life-how-play-ebook/dp/b0788nzxcq https://www.amazon.com/gandhis-life-his-own-words-ebook/dp/b0779n9p6n https://www.amazon.com/genie-within-your-subconscious-mind-ebook/dp/b004i6d35q https://www.amazon.com/get-big-fast-more-good-ebook/dp/b00dqc9gdq https://www.amazon.com/get-rich-collection-50-books-ebook/dp/b07lc564kv https://www.amazon.com/get-unstuck-now-clarity-problem-ebook/dp/b0196fibqy https://www.amazon.com/god-function-consciousness-controlling-circumstances-ebook/dp/b076nzb2x7 https://www.amazon.com/goetia-pathworking-magickal-results-demons-ebook/dp/b07rx1kdqs https://www.amazon.com/good-vibes-life-self-love-unlocking-ebook/dp/b07c6t7xmw https://www.amazon.com/habits-highly-broke-people-destructive-ebook/dp/b07kyyy5x3 https://www.amazon.com/how-let-go-inspirational-eliminate-ebook/dp/b07l14qvb2 https://www.amazon.com/habits-highly-effective-people-powerful-ebook/dp/b01069x4h0 https://www.amazon.com/hack-your-mind-subconscious-neuroplasticity-ebook/dp/b07qjbsvmd https://www.amazon.com/happy-increase-simple-2-step-formula-ebook/dp/b008eed35i https://www.amazon.com/having-secret-feeling-growing-rich-ebook/dp/b07cwfbx12 https://www.amazon.com/hermetica-lost-wisdom-pharaohs-ebook/dp/b07fpvzkcx https://www.amazon.com/hero-secret-book-rhonda-byrne-ebook/dp/b00eb9z9z2 https://www.amazon.com/hidden-side-things-c-leadbeater-ebook/dp/b01b4unjca https://www.amazon.com/how-attract-money-joseph-murphy-ebook/dp/b07gy3qfvs https://www.amazon.com/how-day-trade-living-management-ebook/dp/b012c4au10 https://www.amazon.com/how-friends-influence-people-digital-ebook/dp/b004u7g81o https://www.amazon.com/how-get-your-back-days-ebook/dp/b01a5skaco https://www.amazon.com/how-master-self-hypnosis-weekend-systematic-ebook/dp/b00ffhhjne https://www.amazon.com/how-memorize-bible-easily-most-ebook/dp/b00npdk2l6 https://www.amazon.com/how-power-prayer-joseph-murphy-ebook/dp/b009o1phiq https://www.amazon.com/how-predict-future-creating-yourself-ebook/dp/b079nkc6g2 https://www.amazon.com/how-secret-changed-my-life-ebook/dp/b01co346eg https://www.amazon.com/how-stop-worrying-start-living-ebook/dp/b07k59ycnw https://www.amazon.com/how-win-friends-influence-people-ebook/dp/b07d62slyb https://www.amazon.com/how-win-friends-influence-people-ebook/dp/b07k5bw2hk https://www.amazon.com/how-win-lottery-attraction-important-ebook/dp/b07mbhqshr https://www.amazon.com/how-win-lottery-attraction-manifestation-ebook/dp/b00nh84t3g https://www.amazon.com/how-win-lottery-discover-strategies-ebook/dp/b07d7jc3fw https://www.amazon.com/how-win-lottery-techniques-significantly-ebook/dp/b00i0zezdk https://www.amazon.com/how-stop-worrying-start-living-ebook/dp/b01ncv2rir https://www.amazon.com/ignore-guy-get-survival-mastering-ebook/dp/b00c7vj1ka https://www.amazon.com/infinite-possibilities-living-your-dreams-ebook/dp/b002nt3b5w https://www.amazon.com/infinite-possibility-neville-goddard-create-ebook/dp/b07637y2mc https://www.amazon.com/intelligent-investor-collins-business-essentials-ebook/dp/b000fc12c8 https://www.amazon.com/invest-like-warren-buffett-strategies-ebook/dp/b01jusnelo https://www.amazon.com/its-not-your-money-abundance-ebook/dp/b07cwfgmjj https://www.amazon.com/james-allen-21-books-collection-ebook/dp/b073sdlbbn https://www.amazon.com/just-ask-universe-no-nonsense-manifesting-ebook/dp/b0060cj9dq https://www.amazon.com/keys-jacobs-outrageous-financial-prosperity-ebook/dp/b07rv52fml https://www.amazon.com/kybalion-hermetic-philosophy-ancient-greece-ebook/dp/b00dt7fw4k https://www.amazon.com/law-attraction-esther-hicks-ebook/dp/b009nlo7g0 https://www.amazon.com/law-attraction-manifest-anything-positive-ebook/dp/b01n34j6n4 https://www.amazon.com/law-attraction-money-manifest-rich-ebook/dp/b00dr2hp8s https://www.amazon.com/law-attraction-practical-exercises-action-ebook/dp/b00hlrxafm https://www.amazon.com/law-other-essays-manifestation-ebook/dp/b00g97fd6y https://www.amazon.com/law-other-essays-manifestation-ebook/dp/b07phzyc62 https://www.amazon.com/law-promise-neville-goddard-ebook/dp/b004nnunzw https://www.amazon.com/law-success-napoleon-hill-ebook/dp/b07r9wzk3x https://www.amazon.com/law-success-sixteen-lessons-ebook/dp/b00zf49nwm https://www.amazon.com/law-success-sixteen-lessons-ebook/dp/b07p6mdtbl https://www.amazon.com/law-success-napoleon-hill-ebook/dp/b01n1wkf7q https://www.amazon.com/leadership-code-amplifying-mindset-methods-ebook/dp/b07l62c1mj https://www.amazon.com/lethal-commit-relationship-dating-advice-ebook/dp/b00c833ipq https://www.amazon.com/life-changing-habits-personal-blueprint-happiness-ebook/dp/b06wgtms3p https://www.amazon.com/life-changing-habits-personal-blueprint-happiness-ebook/dp/b07nkp993s https://www.amazon.com/life-visioning-transformative-activating-potential-ebook/dp/b006vxpe06 https://www.amazon.com/little-book-common-sense-investing-ebook/dp/b075z6hscj https://www.amazon.com/little-money-bible-stuart-wilde-ebook/dp/b005d0k8cm https://www.amazon.com/living-flow-science-synchronicity-choices-ebook/dp/b07dmyw3qp https://www.amazon.com/lottery-strategic-approach-winning-games-ebook/dp/b07bvb465r https://www.amazon.com/lottery-winning-systems-turns-skill-ebook/dp/b00faz97uo https://www.amazon.com/lotto-wheel-five-gail-howard-ebook/dp/b00f0udu70 https://www.amazon.com/love-life-god-journey-creation-ebook/dp/b004kzorxw https://www.amazon.com/minutes-self-motivation-self-help-esteem-ebook/dp/b06xwdttvh https://www.amazon.com/money-master-game-financial-freedom-ebook/dp/b00mzaiu4g https://www.amazon.com/maat-laws-essentials-uwa-afu-ebook/dp/b01678c1iw https://www.amazon.com/magic-believing-claude-m-bristol-ebook/dp/b07ft19w2s https://www.amazon.com/magic-believing-claudie-bristol-ebook/dp/b07lgj62y9 https://www.amazon.com/magic-believing-original-classic-ebook/dp/b07nd38ymv https://www.amazon.com/magic-faith-unabridged-start-publishing-ebook/dp/b00bukiswq https://www.amazon.com/magic-intuition-florence-scovel-shinn-ebook/dp/b00f8kx5ls https://www.amazon.com/magic-money-journal-creating-abundance-ebook/dp/b0789fd9zx https://www.amazon.com/magic-money-mastery-creating-abundance-ebook/dp/b071g4ttyh https://www.amazon.com/magic-secret-book-3-ebook/dp/b006l9b6ti https://www.amazon.com/magick-angels-demons-practical-rituals-ebook/dp/b07p1vgqr8 https://www.amazon.com/magnum-opus-step-course-ebook/dp/b07mdstg1d https://www.amazon.com/man-thinketh-free-audiobook-classics-ebook/dp/b07gnqc26f https://www.amazon.com/manifest-wealth-prosperity-thought-servitors-ebook/dp/b018pxiiu2 https://www.amazon.com/manifest-your-dreams-missing-workbook-ebook/dp/b00m9lf3y6 https://www.amazon.com/manifest-your-millions-lottery-attraction-ebook/dp/b00f9ubqyk https://www.amazon.com/manifestation-manifesto-techniques-strategies-visualization-ebook/dp/b00ly7zbqg https://www.amazon.com/manifestation-matrix-manifest-believing-strategies-ebook/dp/b00ub49hbs https://www.amazon.com/manifestation-mindset-manifestor-overcome-strategies-ebook/dp/b019hko3ns https://www.amazon.com/manifestation-revelation-manifest-happiness-prosperity-ebook/dp/b01lyunrjv https://www.amazon.com/manifesting-love-attract-your-attraction-ebook/dp/b071kjp59l https://www.amazon.com/manifesting-love-attraction-specific-relationship-ebook/dp/b00agkv59y https://www.amazon.com/manifesting-secret-behind-law-attraction-ebook/dp/b009mo88ke https://www.amazon.com/mantras-motion-manifesting-through-movement-ebook/dp/b07c6tx2lh https://www.amazon.com/master-achievement-adversity-maximize-supercharge-ebook/dp/b07np4h7fl https://www.amazon.com/master-key-system-charles-haanel-ebook/dp/b078ngv6dv https://www.amazon.com/master-key-system-unlocked-ebook/dp/b006umlnn0 https://www.amazon.com/mastery-love-practical-relationship-toltec-ebook/dp/b005bsqwvm https://www.amazon.com/maximize-your-potential-expertise-incredible-ebook/dp/b00clvf2p4 https://www.amazon.com/mega-millions-tricks-winning-lottery-ebook/dp/b007q5xrzw https://www.amazon.com/millionaire-next-door-william-danko-ebook/dp/b00clt31d6 https://www.amazon.com/millionaires-genesis-their-prosperity-secrets-ebook/dp/b004nnutj2 https://www.amazon.com/mind-magic-beginners-simple-wanna-bees-ebook/dp/b07p5w1w91 https://www.amazon.com/mind-matter-astonishing-science-material-ebook/dp/b079nqxst4 https://www.amazon.com/mind-over-matter-self-discipline-impulses-ebook/dp/b07pwhk5dx https://www.amazon.com/miracle-club-thoughts-become-reality-ebook/dp/b07b328w4m https://www.amazon.com/miracle-mindfulness-introduction-practice-meditation-ebook/dp/b009u9s6vm https://www.amazon.com/miracles-stuart-wilde-ebook/dp/b00e8si7gy https://www.amazon.com/miracles-your-mind-unlock-potential-ebook/dp/b01n4i82kz https://www.amazon.com/modern-astrology-harness-discover-purpose-ebook/dp/b07j5j2n3n https://www.amazon.com/money-law-attraction-esther-hicks-ebook/dp/b004c03l3m https://www.amazon.com/morals-dogma-illustrated-albert-pike-ebook/dp/b00eti4i7a https://www.amazon.com/most-powerful-achievement-system-world-ebook/dp/b075fd3nk4 https://www.amazon.com/mudras-awakening-chakras-balancing-beginners-ebook/dp/b00p82coay https://www.amazon.com/mudras-memory-improvement-gestures-ultimate-ebook/dp/b00pfsp8tk https://www.amazon.com/mudras-ultimate-techniques-healing-mudra-ebook/dp/b00mmpb5ci https://www.amazon.com/mystical-words-power-magick-empowered-ebook/dp/b07ncyzfhl https://www.amazon.com/myth-revisited-small-businesses-about-ebook/dp/b000ro9vjk https://www.amazon.com/number-patterns-cracking-lottery-pick-ebook/dp/b06w2nxkrx https://www.amazon.com/napoleon-hill-road-riches-ebook/dp/b01i9nd10u https://www.amazon.com/numbers-their-occult-mystic-virtues-ebook/dp/b003icxiwe https://www.amazon.com/orison-swett-marden-premium-collection-ebook/dp/b0182fd0yc https://www.amazon.com/opportunity-business-create-life-love-ebook/dp/b07kns1g4g https://www.amazon.com/outrageous-openness-letting-divine-take-ebook/dp/b00j0yt4w2 https://www.amazon.com/pay-off-your-mortgage-years-ebook/dp/b07qvxxqdf https://www.amazon.com/positive-thoughts-change-your-believe-ebook/dp/b06y42xsjp https://www.amazon.com/powerball-how-play-roger-daneth-ebook/dp/b00ghuen5u https://www.amazon.com/passive-income-freedom-step-step-ebook/dp/b07mdtmdcr https://www.amazon.com/photographic-memory-beginners-practical-improvement-ebook/dp/b07kmbx8rf https://www.amazon.com/playing-matrix-deliberately-creating-consciously-ebook/dp/b073rr9tlg https://www.amazon.com/power-awareness-neville-goddard-ebook/dp/b07m6llsr6 https://www.amazon.com/power-awareness-neville-goddard-ebook/dp/b07pk44np1 https://www.amazon.com/power-intention-learning-co-create-world-ebook/dp/b000seij6a https://www.amazon.com/power-neuroplasticity-dr-shad-helmstetter-ebook/dp/b00hzs2hm4 https://www.amazon.com/power-positive-thinking-maximum-results-ebook/dp/b000fc0sxm https://www.amazon.com/power-positive-thinking-norman-vincent-ebook/dp/b06y17d216 https://www.amazon.com/power-secret-book-2-ebook/dp/b0049p1n3k https://www.amazon.com/power-spoken-word-florence-scovel-shinn-ebook/dp/b00bjgn51k https://www.amazon.com/power-your-spoken-word-affirmations-ebook/dp/b01gxol7gc https://www.amazon.com/power-your-subconscious-mind-ebook/dp/b00uru8beu https://www.amazon.com/power-your-subconscious-mind-ebook/dp/b07mxf6s4v https://www.amazon.com/power-your-subconscious-mind-ebook/dp/b07pjvjcqd https://www.amazon.com/power-your-subconscious-mind-ebook/dp/b0767qqbbj https://www.amazon.com/power-your-subconscious-other-works-ebook/dp/b00ge32rrg https://www.amazon.com/practical-law-attraction-manifesting-successfully-ebook/dp/b07nc27m19 https://www.amazon.com/pranayama-science-ultimate-breathing-techniques-ebook/dp/b075kpdp7h https://www.amazon.com/pray-gods-word-daily-houge-ebook/dp/b019x8wd6i https://www.amazon.com/prayer-that-gets-results-ebook/dp/b01naakzk0 https://www.amazon.com/prince-niccol%c3%b2-machiavelli-ebook/dp/b0788mywmh https://www.amazon.com/prosperity-bible-greatest-writings-secrets-ebook/dp/b07lc5y33h https://www.amazon.com/prosperity-bible-greatest-writings-secrets-ebook/dp/b07nxtygxr https://www.amazon.com/prosperity-bible-greatest-writings-secrets-ebook/dp/b07qgnynhb https://www.amazon.com/psyche-skills-dating-relationship-advice-ebook/dp/b00ftevilm https://www.amazon.com/psychoanalyzing-twelve-zodiacal-types-palmer-ebook/dp/b00usc6tm8 https://www.amazon.com/psychology-selling-increase-thought-possible-ebook/dp/b000seqkrk https://www.amazon.com/qabalah-made-easy-discover-practical-ebook/dp/b07dn22xzh https://www.amazon.com/quantum-sorcery-basics-theory-practice-ebook/dp/b00ewyvrzw https://www.amazon.com/quick-easy-way-effective-speaking-ebook/dp/b01ncuzgo6 https://www.amazon.com/radical-approach-akashic-records-vibration-ebook/dp/b07g681w74 https://www.amazon.com/real-law-attraction-abundance-prosperity-ebook/dp/b07h4h4zdt https://www.amazon.com/reality-unveiled-hidden-existence-transform-ebook/dp/b01n392e8n https://www.amazon.com/relax-more-try-less-abundance-ebook/dp/b010965p4u https://www.amazon.com/rich-dad-poor-teach-middle-ebook/dp/b0175p82ra https://www.amazon.com/rich-dad-poor-teach-middle-ebook/dp/b07c7m8sx9 https://www.amazon.com/rich-dads-before-quit-your-ebook/dp/b01b11tsww https://www.amazon.com/rich-dads-cashflow-quadrant-financial-ebook/dp/b0175p5mzu https://www.amazon.com/rich-dads-guide-investing-invest-ebook/dp/b01drwrz64 https://www.amazon.com/richest-man-babylon-ancients-inspiring-ebook/dp/b07bb5n17s https://www.amazon.com/richest-man-babylon-george-clason-ebook/dp/b07h7hn6dn https://www.amazon.com/richest-man-babylon-laws-wealth-ebook/dp/b00d4yepr8 https://www.amazon.com/richest-man-babylon-original-classic-ebook/dp/b07nd3361p https://www.amazon.com/secrets-attracting-money-wealth-including-yourself-ebook/dp/b07hdb147f https://www.amazon.com/see-you-at-top-anniversary-ebook/dp/b0047t78tq https://www.amazon.com/self-help10-think-become-nobody-stop-ebook/dp/b01due41bq https://www.amazon.com/sales-management-simplified-straight-exceptional-ebook/dp/b01019d3qc https://www.amazon.com/science-getting-rich-wallace-wattles-ebook/dp/b000fc25tc https://www.amazon.com/science-getting-rich-wallace-wattles-ebook/dp/b0023sdpt0 https://www.amazon.com/science-getting-rich-wallace-wattles-ebook/dp/b00okworo4 https://www.amazon.com/science-getting-rich-wallace-wattles-ebook/dp/b06xpvc236 https://www.amazon.com/science-mind-definitive-ernest-holmes-ebook/dp/b001r6otk8 https://www.amazon.com/science-self-empowerment-awakening-human-story-ebook/dp/b07k3r1w1s https://www.amazon.com/secret-book-dzyan-unveiling-manuscript-ebook/dp/b07jr8dvzz https://www.amazon.com/secret-daily-teachings-rhonda-byrne-ebook/dp/b00cvqymb4 https://www.amazon.com/secret-doctrine-complete-petrovna-blavatsky-ebook/dp/b006k3j9jy https://www.amazon.com/secret-doctrines-rosicrucians-ancient-mysteries-ebook/dp/b01b1jgkuw https://www.amazon.com/secret-door-success-florence-scovel-shinn-ebook/dp/b00bukir5o https://www.amazon.com/secret-imagining-neville-goddard-ebook/dp/b00nqiar6k https://www.amazon.com/secret-infinite-intelligence-2nd-ebook/dp/b01lvtlm27 https://www.amazon.com/secret-law-attraction-master-intention-ebook/dp/b01bo8kabk https://www.amazon.com/secret-rhonda-byrne-ebook/dp/b002m5e2dw https://www.amazon.com/secret-success-florence-scovel-shinn-ebook/dp/b00j96vn1g https://www.amazon.com/secrets-millionaire-mind-mastering-wealth-ebook/dp/b000fcjz3g https://www.amazon.com/see-yourself-you-want-be-ebook/dp/b01lqu0t1m https://www.amazon.com/selling-you-napoleon-hill-ebook/dp/b01i9nd4os https://www.amazon.com/seven-spiritual-laws-success-fulfillment-ebook/dp/b005by3xhc https://www.amazon.com/shamanism-made-easy-develop-shamanic-ebook/dp/b07dn1hphm https://www.amazon.com/signature-all-things-jacob-boehme-ebook/dp/b001bdi55m https://www.amazon.com/six-figure-blogging-blueprint-profitable-ebook/dp/b07r7z2h69 https://www.amazon.com/sky-limit-upgrading-including-thinketh-ebook/dp/b07lc64g7d https://www.amazon.com/small-changes-mind-productivity-happiness-ebook/dp/b00w8q11v6 https://www.amazon.com/soulmate-secret-manifest-love-attraction-ebook/dp/b001nll310 https://www.amazon.com/souls-brain-neurology-intuition-critters-ebook/dp/b07cwf5jkg https://www.amazon.com/spirit-means-business-prosper-without-ebook/dp/b07d6b92cx https://www.amazon.com/spontaneous-manifestations-zero-tapping-universal-ebook/dp/b011eplpl2 https://www.amazon.com/squared-pam-grout-ebook/dp/b00b2jsras https://www.amazon.com/start-up-curve-steps-entrepreneurial-success-ebook/dp/b01k8orqk4 https://www.amazon.com/step-tarot-complete-course-readership-ebook/dp/b009ul5226 https://www.amazon.com/strangest-secret-earl-nightingale-ebook/dp/b0067qv140 https://www.amazon.com/strangest-secret-earl-nightingale-ebook/dp/b0788qs6fx https://www.amazon.com/succeed-lotto-even-where-start-ebook/dp/b071w4vgbq https://www.amazon.com/success-inevitable-potential-confidence-principles-ebook/dp/b07qlnp11d https://www.amazon.com/tnt-rocks-claude-m-bristol-ebook/dp/b007z7g7fs https://www.amazon.com/transcending-maya-matrix-co-creation-self-realization-ebook/dp/b0795xg471 https://www.amazon.com/tarot-made-easy-learn-interpret-ebook/dp/b07dmz3rm2 https://www.amazon.com/ten-metaphysical-secrets-manifesting-money-ebook/dp/b076pfvsx5 https://www.amazon.com/texts-good-cant-ignore-high-quality-ebook/dp/b07b6v5fy1 https://www.amazon.com/think-grow-rich-napoleon-hill-ebook/dp/b0743fcv3w https://www.amazon.com/think-grow-rich-napoleon-hill-ebook/dp/b079f2czty https://www.amazon.com/think-grow-rich-napoleon-hill-ebook/dp/b07drrsqv7 https://www.amazon.com/think-grow-rich-original-revisedtm-ebook/dp/b00vvn4yfw https://www.amazon.com/think-grow-rich-original-unedited-ebook/dp/b07n1w6w37 https://www.amazon.com/think-yourself-rich-subconscious-wealth-ebook/dp/b01e7fwps8 https://www.amazon.com/third-eye-awakening-techniques-awaken-ebook/dp/b01cqd0gkm https://www.amazon.com/thomas-troward-six-book-collection-annotated-ebook/dp/b078hzdz5d https://www.amazon.com/thought-vibration-law-attraction-world-ebook/dp/b00pzqjzfk https://www.amazon.com/thought-vibration-law-attraction-world-ebook/dp/b07phv7p2n https://www.amazon.com/thoughtless-magic-manifestations-through-protocols-ebook/dp/b016e578gi https://www.amazon.com/total-law-attraction-unleash-creative-ebook/dp/b00ayidrxu https://www.amazon.com/trick-money-having-some-ebook/dp/b004bsg8xk https://www.amazon.com/trifecta-secret-wealth-abundance-higher-ebook/dp/b00ivomq1i https://www.amazon.com/ultimate-secrets-total-self-confidence-ebook/dp/b001tmcezc https://www.amazon.com/unbeatable-mind-3rd-resiliency-toughness-ebook/dp/b00tzfeerq https://www.amazon.com/unlimited-attraction-workbook-accelerate-manifestation-ebook/dp/b01mu866yb https://www.amazon.com/unscripted-entrepreneurs-success-advice-stories-ebook/dp/b07dq97rsd https://www.amazon.com/untethered-soul-journey-beyond-yourself-ebook/dp/b003tu29wa https://www.amazon.com/vortex-law-attraction-book-ebook/dp/b003qxmypw https://www.amazon.com/ways-change-your-life-esteem-ebook/dp/b01n0jtea8 https://www.amazon.com/wallace-d-wattles-ultimate-collection-ebook/dp/b013paazds https://www.amazon.com/wallace-wattles-collection-annotated-illustrated-ebook/dp/b01bls8jxy https://www.amazon.com/way-wealth-franklin-money-success-ebook/dp/b005z4g3h0 https://www.amazon.com/way-wealthy-footsteps-john-hanna-ebook/dp/b07kk497h2 https://www.amazon.com/what-self-made-millionaires-know-people-ebook/dp/b076y1xg6s https://www.amazon.com/what-you-wish-neville-goddard-ebook/dp/b07d1dqtwd https://www.amazon.com/what-you-wish-neville-goddard-ebook/dp/b07r2nh8x5 https://www.amazon.com/wisdom-buddha-unabridged-dhammapada-editions-ebook/dp/b00a73a94w https://www.amazon.com/wisdom-genevieve-behrend-invisible-attaining-ebook/dp/b00pqhzcf0 https://www.amazon.com/wishes-fulfilled-wayne-w-dyer-ebook/dp/b006m9vfei https://www.amazon.com/work-smart-business-hypnotizing-million-dollar-ebook/dp/b07mzxcd3b https://www.amazon.com/works-famous-little-makes-dreams-ebook/dp/b005x7f49c https://www.amazon.com/you-be-detox-limitations-awesome-ebook/dp/b079nnj3lq https://www.amazon.com/your-business-rules-live-money-ebook/dp/b07pmnst48 https://www.amazon.com/your-faith-fortune-neville-goddard-ebook/dp/b00dxxikps https://www.amazon.com/your-infinite-power-rich-subconscious-ebook/dp/b01e7fut2w https://www.amazon.com/your-subconscious-brain-change-life-ebook/dp/b07dt152n2 https://www.amazon.com/your-word-florence-scovel-shinn-ebook/dp/b005bypgue
submitted by tiddu to tiddu [link] [comments]

Suggestions for a healthy longlived server

I'm coming at this with years of RO experience, and the advice of friends who play at the top of WoE, PvM, and PvP. I have also been a GM on 3 servers and an admin on one, and asked for advice from two friends who have been admins on their own successful low rate servers. Additionally, I have some experience with editing the source files and redesigning the game a bit, not that I will get much into that, but I do know what is and isn't possible. I also have experience from other games such as WoW (as a world and arena PvPer at the highest levels), and from political and economic games such as EVE and bloc. Finally, I have some real life knowledge of economics (though I wouldn't call myself an economist) due to being a FOREX trader.
All of that and more has lead to my understanding of game design, some of which I can apply here.
I realize that this is a long post, but that's because I got the input from several people and put (a little bit of) effort into explaining the reasoning. If any of these things are being discussed in other threads, pardon me and just let me dump all of my opinions into one place, as they are largely interconnected.
Most of my suggestions are based on sustainable gameplay, sustainable economy, rewarding players for their decisions, and giving players more freedom. I tried to keep the changes, for the most part, quite vanilla. I have some much better ideas that require customization, but most players recoil at the thought of customization in RO.
I'll start with the unquestionable and move to the debatable.

No donor or normally unavailable items with unique stats.

This means there should be no items with dex on mid or lower. No upper headgears with more than 3 dex, etc. Basically, no overpowered donor items or ones that disrupt normal player balance. Adding a single dex to a build can be incredibly imbalanced, which is why I used dex as an example, but this applies to lots of stats.
Not only can it be imbalanced, but it causes item inflation as well. When players no longer need to hunt for gear (because they replace it with donor or custom quest items), lots of gear becomes either worthless and thus overupgraded to abnormal degrees or obsoleted.
On the same token, this means not allowing BG items to be used outside of BGs, including in WoE or anywhere else. It's devastating to the economy. WoE is a competition between guilds, not just to conquer castles, but to acquire enough resources to do it.
IMO the only items players should be able to donate for are cosmetic, and perhaps things like battle manuals and maybe bubble gum, which have no direct impact on gameplay other than to reduce the grind. But really, cosmetic items should be enough if you're clever. There's one suggestion on this down in the zeny sink section.

Set strict rules for GMs to follow, and don't give them more power than they need.

If all of that sounds paranoid to you, then you're going to end up with GM problems. Even if you trust your GMs with your life, you need to set guidelines. You can't read their minds, even if they are your best friends. They are going to use their own discretion, and that might vary widely from your own decisions, unless you give them strict guidelines.
Not only will this make the GMs better, but it'll give you more confidence in their decisions when players complain, and allow you to handle the inevitable drama better, thus preserving the playerbase.
I have seen a GM go on /vg/ and talk shit to the players there, unbeknownst to the admin.

A PvP room where consumables (with the possible exception of conc/awakening/berserk pots) are disabled, and where all buffs are removed upon entering.

The main interest of many other players, is PvP (not GvG/WoE). Unfortunately, PvP is often woefully underrepresented in server design decisions. PvP is incredibly disinteresting when using dex food and potion spamming, and when getting SL/Assump/etc from outside. Leave the consumable spam and buff stacks to WoE and PvM. Also, please don't use a shitty map for the PvP room.
You can, of course, have two PvP rooms, so this shouldn't be a controversy.
On RaptureRO, there was also a 3v3 PvP arena tournament, which was incredibly fun. Takes some scripting though and isn't top priority.

A draw range of 18+, preferably around 20 to 24.

I'm referring to /conf/battle/client.conf area_size. The default is 14, which is an antiquated value meant to reduce stress on PCs made back in 2000. There are actually mobs that can aggro from outside of your view range, which is quite dumb. There is no reason to use a lower draw range, except for artificial difficulty.
Successful servers like Rapture, ProjectRage, Destina, etc, had an increased the draw range without issue. Newer players won't even notice a difference.
If you are afraid of client lag in WoE (there shouldn't be any, but just in case) you can simply script an NPC to automatically change the area_size value before and after WoE. It doesn't require a reset of anything, not even an @reloadscript.

Turn up the party exp bonus.

Simple enough, makes it worth leveling as a party instead of leeching yourself with a hunter (the normal method for leveling most things as fast as possible).

Take proactive steps to limit zeny inflation and promote a player-driven economy.

Zeny inflation is one of the biggest problems for the longevity of any RO server. The game was not designed in a way to have a stable economy. You must tweak a few things to get something workable. I'll talk about item inflation a bit later:

Roll out content in waves

It's a suggestion I heard elsewhere and it's a good one. Start with trans disabled and less dungeons available. Gradually release more as the server grows and people hit higher levels. This is a good idea for a few reasons:

Consider splitting the server into a pure-WoE server and a non-WoE server

This might at first sound unappealing by splitting up the playerbase, but it allows you to more easily design both servers to fit their respective playerbases. Also keep in mind that many of the players from each server will play on both servers. Only a minority will be exclusive to one.
Potion spamming completely trivializes a large portion of the game's content and reduces the skill ceiling dramatically. It reduces the importance of healing abilities, eliminates the need for mana efficiency, imbalances PvP (asura spam is a lot harder when you can't just mash blue pots, for example. The same goes for SinXs and White Smiths with white pots, and so on). In PvP, abilities that are not 1HKOs become nearly worthless, due to white pot spam. This reduces ordinarily incredibly complex jobs like champ, to nothing more than asura-machines. Additionally, no pot spam means that if a champ wants to spam asura in PvM, he needs a Professor. This concept applies to other classes as well.
In WoE, potion spamming is necessary to survive. In the rest of the game, though, potion spam ruins much. No WoE means no need for pot spamming.
The rest of my suggestions assume that you aren't going with this suggestion, so bear that in mind.

Misc

PS: Yeah you can't upgrade Orlean's gloves, but it could at least become a decision between +1 dex vs. +2 dex and -1 vit or -1 def, or something, instead of just "yeah these are better than or equal to regular gloves in every way". There's literally no reason to farm gloves because you don't need gloves to farm Orlean's gloves. That's how it works for a lot of older gear, and it's not a good thing.
Ideally, newer gear should scale better than older gear, but not be better inherently. You won't be able to do it with everything, but every bit helps to stave off inflation and inevitable server death.

PvP enabled on MVP maps.

This is controversial, but hear me out. I think this can, by itself, increase the longevity of a server dramatically, while solving a plethora of problems as well.
MVPs are a scarce resource, and players often compete for them. Normally this leads to a meta of trying to out-grief other players. Instead, with PvP enabled, you could fight for the MVP. It changes the competition into a meaningful part of the game, rather than a rat race. This will be especially important on a high population server.
And remember the costume hat idea? Now people can fight for the boxes that low level MVPs drop, creating competition over the usually worthless MVPs, and reason to go out and play the game.
Particularly challenging content, like bio3, will be extremely difficult to clear if players are trying to kill you. This will encourage diplomacy and cooperation between players (as seen in sandbox games like EVE, DayZ, etc). Either you work with the other group, or you become rivals. This is good for the health of a server. The increased difficulty will also increase the longevity of the server by reducing the rate at which players clear the content and collect the gear.
There's the other added benefit of making it more of a challenge to reach max level in places like Abbey3. You might want to turn on PvP in Thor1 for the same reason. Again, players can choose to work together or make enemies while leveling in these high level zones. And, again, the increased difficulty increases server longevity by reducing the average rate at which players progress.
Finally, you can have mobs on PvP maps drop white and blue herb boxes, and spawn on timers. This way, players can compete for the resources they need in WoE, rather than grind for days. You can use regular white/blue herb boxes, or use WoE-only potion drops and have them drop in somewhat higher quantities. The more generalized the drop is, the fewer should drop, to have a smaller impact on the overall economy. Players who don't WoE can simply sell the WoE pots to WoE players, so they have just as much reason to compete for the mobs.
Since the WoE players need these resources to win WoE, they'll fight each other for the resources between WoEs, reducing the boredom. It also gives every high level player a thing to look forward to doing: world PvP. Something that pretty much never gets old. Just make sure that the mobs are scarce enough that you don't make it too easy to collect herbs/pots. It's supposed to be a supplementation to normal farming, to make it easier in a fun/competitive way.
This change will have no impact on low level players. I have seen this done and it works beautifully. If you're imagining constant fighting between players on every MVP map, you're forgetting that there are dozens of MVP maps. Most maps are usually empty, especially at certain times of day.
You will probably need to turn off teleporting and memo on non-dungeon maps to prevent things like champs from running in with asura in relative impunity.
As far as players who are disinterested in PvP go, remember that there are instanced dungeons now. There are also dungeons in which it's highly unlikely that you'll run into other players due to quest requirements: Thanatos, Vesper, Ktullanux, probably a few others I'm forgetting. You could just turn PvP off on those maps for that matter.
You also have the option of disabling PvP on some other MVP maps if you feel that's necessary.

BGs

If you go with my last suggestion, I'd LOVE it if you simply don't include BGs on the server. In my opinion, BGs are a terrible and trivialized bastardization of RO PvP. They're tedious and unfun, and unnecessary when you have world PvP, a PvP room, and WoE.
However, if you're going to include BGs, then:
submitted by BuddhistSC to ggRO [link] [comments]

1Broker + TradingView beginner automation (plus question)

[Sorry for the long post] So I've looked around this sub and I see a lot of high level or theoretical Algo discussions which I can appreciate but I'm kind of lost when it comes to practical applications and I don't even know if any service even exists that can meet my needs.
Currently, I have a strategy that I think is a little profitable with 1 minute data intraday swing trading on USDJPY, it's very simple and written in Pinescript. I plug the pinescript into a 1 min chart on Tradingview and it spits out alerts for my trades. The alerts are picked up by a chrome addon called Autoview which sends the orders to 1broker using a special alert API. I hate it for many reasons: - Chrome with tradingview and Autoview must be running and checked frequently for glitches (sometimes alerts stop firing randomly) - Tradingview alerts are not meant to be used as orders so I lose any semblance of order management. Basically it fires alerts/orders for every entry point regardless of my current balance or positions. - Pinescript sucks. - 1broker uses bitcoins as currency, I like bitcoins but don't fully trust putting thousands of dollars into them when it could be rendered obsolete at any time without warning.
So the reason I use it is because it meets all my needs. I'm just starting out and I have a fairly large income via my job (US) but it would take me at more than a year to save up 25k for a legit daytrading account. So I need to find a broker + automation combo with the following: - hedging within the same fund (is this not allowed in the US?) - can make unlimited day trades without needing $25,000 USD, low minimum account size - low or no fees - supports 24/5 forex or E-mini trading (options not required) - API for automation with somewhat low coding requirements. I am familiar with python but by no means am I an expert. I like looking at tradingview charts and backtest instantaneously via graphical interface but I realize this is probably not very common.
I've spent a lot of time on both Quantopian and Quantconnect but neither of them can do intraday trading very well if at all. They are primarily focused on fundamental trading and I'm more into technical trading. I tried looking into Ninjatrader, metatrader, whatever but I found them very expensive, unnecessarily complicated, and beholden to the US's stupid trading laws.
TL;DR - Can anyone tell me exactly how to implement my simple automated intraday FX strategy using a simple interface that doesn't require me to have a $25,000 US brokerage account and software that costs 1000's of dollars?
P.S. If any other beginners are in the same situation as me you should look into 1broker.com + TradingView + Autoview, it's pretty sweet given the limitations it's working with.
submitted by Redcrux to algotrading [link] [comments]

Stupid Simple (& Effective) Day-Trading Patterns for ... WHY YOU'LL NEVER STOP FOREX TRADING - YouTube Is this the EASIEST Forex Strategy EVER?! Explaining the ... KISS Intraday Trading Strategy - Part 1 (Viral Video) The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube Forex Scalping Strategy  1K - 50k In 2 Years - YouTube Spread Betting Strategy: Keep It Simple Stupid (KISS) !

Expert Advisor Studio Forex Strategy Builder Professional Historical Forex Data. Purchase Partners Repository Docs & Guides Forum. Skip to forum content. Forex Forum. Forex Software, Forex Strategies, Expert Advisors Generator . Index; Mobile; User list; Rules; Register; Login; You are not logged in. Please login or register. KEEP it SIMPLE STUPID. Forex Forum → Forex Strategies → KEEP it ... K.I.S.S. ' Keep it Simple Stupid Forex Trading Method ' - The acronym K.I.S.S. stands for Keep It Simple Stupid. This acronym is as applicable to the field of Forex trading as it is to any. 'Keeping it simple' in regards to your Forex trading means keeping all aspects of your Forex trading simple, from the way you think about price movement to the way you execute your trades. K.I.S.S is an acronym for Keep It Simple and Stupid. This acronym is not only applicable in the forex market but also in any other business venture out there. It is important to keep simple strategies from time to time that will actually work instead of keeping complex strategies that take more time to execute. In a bid to keep it simple and stupid in the currency trading, it is important to ... Andere Forex Strategien basieren nur auf der Analyse der Charts, ... Gerade Anfänger sollten sich an die KISS-Strategie, welche als Abkürzung für „Keep it simple and stupid“ steht, halten. Hier bieten sich die Ausbruch– und Trendfolge-Strategien an, welche auf einfach nachvollziehbare Indikatoren, wie Widerstände und Unterstützer oder Trendkanäle setzt. In Kombination mit einem ... We’ve been working on this simple forex strategy over the last three months. It relies on two forex robots that help you find solid forex trades. We’ll use them to attack USD pairs on all fronts for some easy pips. Let’s get started. You’ll need the two forex robots below for this simple forex strategy. The HAS MTF Forex Robot: A staple of the forex robot world for over 7 years. Check ... April 29, 2019 AtoZ Markets – As a technical forex trader, you all have heard about keeping a trading system simple and effective, and it is not a surprise to see most of the successful traders often use clean charts with price action on the forefront rather than complicated colorful indicators. In this article, we are discuss the Kiss trading strategy and how it can be used in forex trading. Forex Kiss Strategy. The vast majority of successful traders deploy clean charts with a few supporting technical indicators, rather than a complicated chart with an overlay of colorful indicators. Kiss is an acronym for Keep It Simple Stupid. The Forex Kiss strategy is an indicator-based system that exploits just 3 basic indicators.

[index] [8227] [10414] [3865] [12753] [12797] [1264] [8595] [12682] [16719] [28236]

Stupid Simple (& Effective) Day-Trading Patterns for ...

In day trading, you'll hear A LOT about patterns. And it’s true that as a trader, you need to learn to recognize the best patterns. Today, Tim Bohen has thre... KISS (Keep It Simple Stupid) strategy for trading... Seen by 50K + people and applied by 1000 + traders... For more info you can message or call me on +91 9880334640 to know other systems and the ... CONTACT: EMAIL 👉[email protected] MENTORSHIP 👉 www.trendtrading.academy INSTAGRAM: JayTakeProfits 👉 https://www.instagram.com/jaytakeprofits/ (... Join our Trading Room where we discuss All Things Forex on a daily basis: https://bit.ly/2MPdN8V Japanese Candlesticks are without a doubt the most popular w... WWW.ASTROFXC.COM The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... Spread Betting Strategy: Keep It Simple Stupid (KISS) ! UKspreadbetting. Loading... Unsubscribe from UKspreadbetting? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 204K. Loading ...

http://binomo-review.forexjour.ru