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I've tried Ccleaner too, to clear up issues on the registry. It is all a bit complex stuff really and I would only do so having established a restore point
The point about SSD drives seems to be the over-riding factor, subject to creating a full copy of the existing drive as I have so much work-related stuff on here............. and when doing investment work mortgages etc the processing power required with the modern software is considerable compared with what used to be possible on the original 486 and pentium pcs of 10-15 years ago!
Scalpers obviously require more power than most of us who trade aims on m5 or m1 with sessions which typically go on for minutes and hours rather than nano-seconds! I don't seem to suffer badly for having slightly slower than newest technology but am definitely thinking the investment is very small for what improvements it offers
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
thanks Sam, I do have a couple external cradles for lappy and desktop drives, so hopefully I should be ok
Over the last 5 years generally what I had been doing was buying a new computer of the same series but using the same old hard drive. Saved a lot of copying and re installing because when you do the sort of work I do you could spend ages configuring software, it makes metatrader look quite easy stuff.... Anyway I am gradually retiring and moving towards full time trading
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
We had a NY session on Dax where the price trended beautifully, however the pips anyone could have most easily obtained were better on m5 chart than on m1 really.................
I say that on the basis that if you were trailing, and following alligator lips (green) line, the gator was running uphill faster than price on m1 and stopping you out, (lots of fruit signals too) whereas it was a different angulation on m5. Hopefully 2 charts will attach to demonstrate. This time I have inserted HA candles to show the steady trending
Anyway I was happy with my result, even if I was pedestrian, and anyone who was lucky and skillful enough to ride this one should be celebrating
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I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
The young man with the violin, is son of a lifelong friend of mine, who is one of the country's greatest aspiring musicians
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Nice observation there Ray with the m5 chart. I noticed that myself as well. Having been knocked out of the m1 fairly early int he piece and without a valid S1 to get back in, I watched it go on and on, whereas the m5 entry would have stayed in for the duration of the 100+ pip move
Yes, Green Line is the Holy Grail of letting it run. If you took fruit YD on m5 and let it run you'd have caught 280pips. (btw: green line can never ever ever ever be faster than price... Ray... your words make me laugh like crazy at times... )
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Glad I can make someone laugh Immy
Obviously I know a moving average can't rise faster than price, but that ol' gator yesterday wanted to bite my trousers because the price stopped for breath then stepped up and the ol' rascal just kept coming behind........
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I have found an indicator which sends an audible alert or pop up as a new fractal forms, it can be programmed to alert at the start of the 2nd or 3rd candle after the latest high/low, obviously aims re-draws the box on the start of the 3rd (seeing fractals are the highest or lowest with 2 bars either side). I wonder if this would be a handy development for the aims box. not intending to do away with dot alerts.............
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
This guy had been working near my firm's London office, I have seen him at lunchtimes popping into winebars, and is the one who spent over £100,000 on a big bottle of champagne a couple years ago at a party.
Reported on CityWire
An unauthorised forex trader who hit the headlines after spending £200,000 on a round of drinks has been found guilty of fraud at Southwark Crown Court.
Alex Hope was charged with offences relating to an unauthorised investment scheme he promoted and operated in April 2013, following a investigation conducted by the Financial Conduct Authority (FCA). He was found guilty today by jury of one count of fraud.
The scheme purported to carry out forex trading for the benefit of investors and is believed to have taken over £5 million from investors.
Between March 2011 and April 2012, Hope took over £5 million from investors, and used over £2 million of this for personal expenditure.
Prior to 23-year-old Hope’s arrest he hit the headlines for spending £200,000 on a round of drinks while entertaining celebrity guests. Hope’s bar bill included a £125,000 double Nebuchadnezzar bottle of champagne.
According to the FCA, Hope held himself out to be a talented and successful trader who could make investors a return of up to 100% in just a few months but in reality, Hope’s trading was heavily loss-making.
He lost over £500,000 of the £650,000 held in his trading accounts.
Georgina Philippou, acting director of enforcement and market oversight at the FCA, said of the conviction: ‘Using fraud and false promises, Hope took in those who trusted him to invest their money.
'He promised fantastic returns but, as is so often the case with unauthorised investment schemes, those who invested ended up with significant losses and the main beneficiary of the scheme was Hope himself.’
Prior to the trial, Hope’s co-defendant, Raj Von Badlo, had pleaded guilty to an offence of recklessly making false representations to investors and a further offence of promoting a collective investment scheme without authorisation at a hearing on 22 July 2014.
Hope and Von Badlo will be sentenced on 16 January 2015. The FCA will instigate confiscation proceedings against both defendants.
Compare this with what was being said 3 years ago, I have written about him here before (24/12/2012), (Immy and I wondered what he was doing, perhaps just running with IG Index??):
"Hope claims to be a City trader. So who does he trade for? JP Morgan? No, er, he pays for a desk at Zone Trading, a rentadesk outfit for day traders. Nothing wrong with that – the City is dotted with similar enterprises, which play home to respectable traders who want to play the markets in a pleasant environment. But not exactly Goldman Sachs.
And what capital does he trade? Well, he started off aged 19 with £500. He says he turned this into £1,100 on his first day, and then supplemented it with income from providing FX tuition to friends and interested parties, shedding light on the secrets of FX trading. "
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I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Still working on the less-stress side of trading. Which to me is a matter of following the system, only entering trades on valid signals without any impulsive actions, amending stop losses mid trade if price goes our way, reversing trades if the opposite signal comes up (prior to a stop loss), and not over trading. Accepting that several small losses can soon be recovered when on the right side of the next move.
More than that, I have decided firmly to shut down for the day when target is comfortably achieved, which might mean that I miss out on the afternoon session entirely, but I have noticed that my success is better in the first half of the day. Whether it's the market behaviour or my own mental capacity I'm not sure, (probably the latter), but walking away with the target pips mid morning gives a warm glow is actually a better idea and might as well be enjoyed. Also like some have said here, if there's a day when more than 2 trades in a row don't work out right, just go away, some days are like that. We don't have to catch every trading opportunity, the most comfortable way with this is to be steady and not set impossible goals.
The alligator was quite agitated a lot of today on Dax m5, hardly settled at all in the times I was at the screen, but I was very happy to net about 35 pips from 5 trades
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
