Do You Trade with The Trend?

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Do You Wait for M5 to Show Trend?

Poll ended at 03 May 2012, 13:27

Yes
39
91%
No
2
5%
I Don't Know How to Do It?
2
5%
 
Total votes: 43

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immy
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Joined: 22 Nov 2010, 16:46
14

Do You Trade with The Trend?

Unread post by immy »

Lets See if you know this
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! ๐ŸŒ
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immy
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Joined: 22 Nov 2010, 16:46
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Re: Do You Trade with The Trend?

Unread post by immy »

I Quote one of the Best Trend Traders in the World! My Mentor

I quote BW, when he was asked
Q. So its safe to say you're a trend trader?
BW "Absolutely. We've been teaching people to trade for decades now, and one of the things that almost 100% of all new traders do is they get in and out too often. We've had our best successs where we've analysed the market, tried to figure out what the long-term trend is and get in and stay in for a while, so yes I am definitely a trend trader."

Read it 10 Times.

[youtube]MhoB_KF6GH0[/youtube]
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! ๐ŸŒ
highlander
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Posts: 40
Joined: 06 Dec 2011, 17:49
13

Re: Do You Trade with The Trend?

Unread post by highlander »

Hi Immy,how does this go with aims which is short term?
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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Do You Trade with The Trend?

Unread post by immy »

John

We trade the tiny little waves of Chaos. I'd use Grant's favourite term. We are M1 Trend Traders. Oh yes, we are. At first it sounds absurd but check a picture of a daily chart, check the win loss ratio and come down to m1 and check a chart adn check the win loss ratio. Getting in and out too much means getting out without a proper "trend ending" signals on the time frame of your choice. Getting out on ungrounded assessments rather than grounded assessments that is the AIMS Indicators. So we put a trade on M1, or m5 or H1 or daily. and we tend to stay in there as long as possible.

I hope this makes sense
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! ๐ŸŒ
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