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@GFIs1 I would like to share some personal thoughts.
During my preparation to become a fulltime*trader, I have been struggling to find answers to a lot of questions. Online so many people are trying to sell something when it comes to (day) trading; it makes it hard to rely on them.*Since I joined fio a few months ago, I have been following your GFIs1 thread and the Walzer*journal as well. You are such an inspiration and you are where I wish to be in some years. You make it all look pretty easy
In the past weeks I have spend my time reading all the 3800 posts in this thread to get a better picture of your system and how you look at the bigger picture. This answered so many unanswered questions for me... I made lots of notes and am trying to understand your succesful system and to see how this can work for me. I'm very happy you continued posting your trades in 2019, as this is can be a confirmation of my point of view and a huge help for me and for many others. I hope you'll continue doing this
While reading your journal my admiration and respect for you only grew seeing how you deal with your system AND with your followers. You get ongoing the same questions from (new) followers (like me some months ago "What are the rules??"), and you keep on kindly answering these while the answers are mostly in the thread. And staying calm and correct, when others sometimes didn't or were questioning or criticising*YOUR*JOURNAL. I like that - Respect!
I makes me curious, who is the person behind GFIs1. One thing is for sure, you are a Legendary market wizard. Well earned title!
It's clear how much time and work you have put in. Thank you very much for all this
Cheers,
Dennis
PS. I will definitely start a journal once I think I found a working system
PS2. And will also look for other threads that might help me getting an early pension
Well read the journal - @Deetee - the rules were still part of my trading.
Yesterday oh wonder the hi/lo was exactly 150 points.
Today I had to decide to take a trade or not because in my last 8 years
that did never happen to the point.
So I decided for the risk (which could have given a positive result too).
Therefore I said a thing which I recently omitted at the beginning of a trade:
to stay strictly with the SL.
That was the good point.
As this is a security to my trading and has not a real impact for midterm gains.
Happy trading
GFIs1
PS: to be clear - the 150/250 points rule is very accurate. Even better here on the
DAX (CFD chart) with cash hours than as before when I applied the rule on the
future. (2012 to 2016).
...did not happen:
first the down gap before cash hour was not a good look
second - tomorrow's last Draghi ECB decision is ahead
third - was afk in the morning.
Draghi said goodbye. He did not alter the previous path.
Means more money flows into markets and negative interests are a pain in the axx for the banks...
Today I was not online and could not take any trade.
It hadn't given the big price but some points. Markets still on the upside - despite some really ugly
messages from German industry all over the week.
We will see how the next week will develop.
Maybe some nice chart updates if I will find time.
"What are the rules??"), and you keep on kindly answering these while the answers are mostly in the thread. And staying calm and correct, when others sometimes didn't or were questioning or criticising*YOUR*JOURNAL. I like that - Respect!
