DAX, Stocks and sometimes Crypto 618ers - https://xitter.cf/t.co/1pwK57IwT1

618
Joined February 2018
Why Use a Systematic Approach And how it will change your whole Trading for the better and probably solves your problems. There are people that track my Channel on 618ers and count the RR that would’ve been possible on specific styles from fixed RR to trailing. Thank you for that, that motivates me even more to fully professionalize it. I traded a long time under the perception - what I do is full discretionary. It’s not. The more I tracked myself & my trades, the more I recognized that the trades I entered - even while believing its pure discretion - follow a system. The winners have specific attributes, same like the losers. So I either stay on the „discretionary“ side and I am in front of chart and interpreting a lot, that already works pretty well. Or I go the professional way, build and deploy Systems based on Data. Why will that outperform? Simple: look around at different Trading Communities. Ask people that are saying specific things work well or not. Ask them for the Data. Many have an opinion but no Data. Are they guessing? „But the Data is from the Past“ - the Trades I took weren’t backed by Data from the past, no I forward tested. So I gathered Data that is now in the past - thats how it works. I See people using a lot of "confirmations" and many timeframes, that causes ton of data - is there a System behind all that? Nothing is impossible. If so - whats the Data? And in what Context did it work? If there are answers it can be put into a System. If there is no answer it's not reliable. Something that is not reliable wont be able to outperform. Not only that, if you have to constantly interpret PA if something shows up and make ton of decisions if you enter or not it’s massively vulnerable for human error. Thats not a professional approach. The Systematic approach makes that reliable and way easier. Now the human doesn’t need to make many decisions - it either fits the System or not. Thats why it will outperform! "Where to Take Profit?" "Should I enter here? I already had a loss today." - your System answers that. And much more. Once you have a System, there is no reason to doubt your Skill. Even better - it's limitless. You can build an unlimited number of Systems. If you don’t have any Data you can’t deny that you rely on yourself and on your interpretation. Trying to beat the market that we believe is run by an Algorithm with your own interpretation has a low probability. Thats backed by Data. The Algorithm runs on..? I can put my approaches on different Assets into Systems and for each of them I can give Data. And it works, the results show themselves in the Present. So it’s not only something that worked in the past - no, it continues to work. In my opinion it’s the only and best way to approach the Markets. Why? The human rate of failure when predicting the future is how high? There is Data for that. And even better - your confidence will rise massively. The moment you start working on your System you will finally start treating your Trading like a business. Below is the equity curve of an LTF System I run already that I am optimizing. On 120 Trades it has 16% Max Drawdown. What is your approach and do you have a systematic one?
4
3
53
4,665
Isn‘t most of your discomfort in life caused by trying to fit into other peoples expectations?
6
4
45
1,741
Some October Results from 618ers Very proud to see. Seminars launching next Month. 618ers Future will be very good. 618hub.com
1
45
2,165
$ETH I will just buy the Monthly BB. Since in the FVG are more levels, I wont shoot all at once but split orders. I wont check any Confluences. I wont check any other Chart. I wont bet on higher than the red Box. I wont check the sentiment. I just take the opportunity to risk 1R to make 4R+. I accept the Risk.
9
7
137
5,742
What is one thing you gonna improve on this week?
26
31
3,401
Mine is using Screentime more efficiently
2
14
936
Is this really for You? A lot of reasons for the Self Sabotage most people suffer from in Trading lies in the Nature of our Society. We grow up and get taught it is wrong to take from others. It's in our brain and it gets repeated. Many people even feel a barrier to fight for what they got stolen. They rather accept defeat than facing discomfort and getting it back. Thats next level Self Sabotage and one reason why Tax just exist. How should they succeed in Trading? It's not possible. You can make up some things, like you are fighting the elites or whatever to find some meaning in it... But the only fact that stays proven is: If you want to get money off the markets, you take it from others. You feel sorry to take someone else's money? Why do you want to trade then? What do you believe where your Money will come from? You will probably lose yourself in the mystical side or learn TA forever, you will do anything to avoid the reality. We love to believe intelligence, winning and morals go hand in hand. Fairytale? Yes it's nice to build Partners or a Team, but in the end trading stays a ruthless competition. A competition where your morals subconsciously manipulate you. How do you feel when you read that?
7
1
38
3,451
Some probably uncomfortable Thoughts When it comes to Trading and people who want to develop a skill, there are many similarities to people who want to learn fighting. The so called Martial Artists are like Trading Gurus. What they say sounds highly interesting. The mystical side of it fascinates - yet it is completely useless when it comes to fighting. Theres even proof, that anybody can see. You ever saw someone using Wing-Tsun in a Fight? Or bending the Energies to... I don't know. But people join them, thats not wrong itself. Wrong is the idea to learn fighting with something that is proven not useful to fight. It is exactly the same with Trading. You have people showing a specific TA. forecasting things, having super high winrate - yet the moment you try to test it you don't get similar results. Same like the Martial Art Instructor they will give you a reasoning: "No I wouldn't enter there" "You don't know when I enter" and so on... The translation if you are honest is just "I find a reasoning to make you believe what I say is true". How can you make it? How can you escape that? How do you finally learn fighting and become a person that can defend him or herself? You have to admit... You have to admit your skill to find what works is not good. After admitting that you feel a relief - admitting we are full of failure is freeing because at that moment you have to work. You have to go running. You have to do shadowboxing. You have to do the bagwork. You have to do sparring. You have to figure it out yourself - even with a trainer. You throw hands. Nobody else. You have to spend time on charts. You have to backtest. You have to journal. You have to calculate Risk. You have to execute - even with a mentor. You are Trading. Nobody else. So the responsibility to become what you want to be is at you - how beautiful is that? You can change, wonderful! But the very first step is the ultimate fight with yourself. This is uncomfortable. It hurts. But it is the only way to succeed. Once you won that fight, come back to that Text. Go and check the Timeline of Events. Nothing is Random. All Martial Artists are Vanished. Fighters are left.
6
4
84
4,019
No emotions. Data and a working Edge. Lets see how it goes. Built by @Asgar_8808
The Data collection said - the probability is higher to go down than up… So the Bot entered. 0 human interpretation. No emotions. „Oh no I dont trade Breakouts“ - the Bot doesn‘t care. It executes the Edge no matter what. Do you have an Edge?
3
2
49
3,405
$DAX Level posted 21.10. Money made 23.10. Ending the week.
1
1
27
2,618
The Data collection said - the probability is higher to go down than up… So the Bot entered. 0 human interpretation. No emotions. „Oh no I dont trade Breakouts“ - the Bot doesn‘t care. It executes the Edge no matter what. Do you have an Edge?
2
2
1
54
5,762
Weather Forecast And why it is the Answer you are looking for. How does the Weather Forecast work? 1. They Collect Data 2. ... 3. ... How high is the probability of a Forecast? Imagine you can achieve a similar percentage. Now try to predict the Weather without Data and the following unmentioned steps. Now project that on the Market and on your Performance. Now wake up.
4
2
58
2,878
Stop Loss placement Degen like the Music. Don't take everything too seriously. It's not that complicated if you let go...
6
2
44
3,143
First Results Once you build a System you have to launch it. If you trust it - why hold back? It's built to use. Avoiding Risk wont get you anywhere. Facing your Fear and Accepting the Risk does.
9
2
92
4,611
"Evil people never believe that they are evil; rather, they believe that everyone else is evil." - Mark Manson
2
2
43
2,238
16 Oct "The Beauty of Preparation" I did and will do this regularly until I leave. On the 16 October - a Saturday - I shared 6 levels. 2 of them delivered already 4R and 3 failed if played with LO. I lost on the last liquidity only but thats not important. So if you played all on a fixed 4R you would end the Week now in green. Zero Stress. Time on chart? Few minutes. Gains? 5R. Why am I saying that? What are people looking for? Money right? How to make money? With a System. No hindsight. Never. No deleted Posts. What did I built on what was gifted here? A System. A working one. I hope you make the best of it. I took that on 2 accounts, one BEd after TP1 the other full TP on 70% size - 30% was closed at 618.
5
2
44
2,539
Here the "Beauty of preparation" post. I have to attach it in comments since the Algo limits me massively cause weak participants reporting me and a quoted post gets less attention by the Algo. xitter.cf/Albert_618/status/2111…
$DAX The beauty of preparation.. investing a few minutes on a Saturday morning and the Monday is planned. One short level worked without me, wanted highest entry. No, it's not frontrun. I am responsible for that - and since the entry is part of my System it's fine. If you see where price reacted without overcomplicating and refining, you might spot how beautiful and simple it can be. Have a great weekend! xitter.cf/Albert_618/status/2110…
1
1
6
953
$PRGS Shared 10D ago. It's not a special Trade. But it shows clearly that you should free your mind. Everything says don't do it - yet they work. Not only here.
1
33
2,212