Sunday, June 30, 2019

The Truth about the ZFT System



You have probably noticed ZFTs posting port snapshots all the time, and if you've been following a lot of them, pansin mo rin siguro na halos pare-pareho kami ng tinitrade. Minsan same AEP, pero madalas iba-iba. And contrary to popular belief, we don't group trade - we even discourage it. And the reason for this is that I want everyone to be independent and self-sustaining. If I built a culture of stock tips and "sharing-of-blessings" the people around me will eventually become my dependents. If I die, chances are they'd die too - or they would eventually gravitate to another entity that would feed their lazy asses. 


As of  Friday, June 28, 2019
Longest stock held : GSMI 18 days.

"ZS"
"AOTS"
"CH Setup"
"Alpha Setup"
"Power Horse"
"Powershot"


The list goes on.

So what's the secret sauce here?

Absolutely nothing! All these setups are FOUNDATIONAL, meaning these are fundamental principles of the tools we use namely Moving Averages, Darvas, Fibonacci, and RSI. We just combined and refined them together to form powerful combos.

Now I understand a lot of people want to know these setups - and would even pay a hefty amount just to know our top setups. But the sad reality is, trading isn't a plug and play game or software. It doesn't mean that if you know the setup, the specific parameters, the time of optimal execution, etc., then you'll be able to master the setup.

This is the reason why I don't disclose any of my advanced setups without letting people know the proper foundations, risk management, and mindset of the system I use. Because without the foundations, it's like giving a pair of nunchucks (which btw, can deal a pretty decent amount of damage) to an amateur. - yep. word placement play intended. So beware of gurus selling Setups.

Here's a visual representation of what I'm talking about.

Take Bill for example: trying out a setup he recently bought and studied overnight, and immediately committing on a live trade the next day.




So don't be like Bill.


----------------------------------------

"Cup and Handle"
"Head and Shoulders"
"Golden Cross"
"Bullish Bat"

Traders of old would also name their high probability setups before so it could be easily recognized, and I'm pretty sure a sizable amount of trial and error and tons of money was sacrificed in order to create the study. And for sure not everyone agreed to those silly names back then - which we now consider timeless patterns.

Hindi ito contest na paramihan ng alam na trading tools. So if you want to be a master in this field of trading, don't fall for the "setup" because that will only limit you to the setup's parameters. Study instead, the very foundations of the tools you use. Go deep in your understanding of a few. 





Are you all ready for Monday?



Thursday, June 27, 2019

Forex Diaries 001 : Pilot

I get the HYPE.


Started this Demo account a week ago with 5k USD. Now It's hitting 35k. I'm no guru. I'm probably just VERY VERY lucky. Ang lala parang scam pero figures don't lie. Earning potential is higher vs stocks, but damn isang maling pindot mo, pwedeng ma wipe out buong port mo esp if you don't know how to strategically leverage tapos matigas pa ulo mo.

But you know what? If you're already a level 2 stock trader that's committed to mastery, DO NOT jump into FX until you reach level 3/mastery. If you do, parang nagsystem hopping ka lang. Sayang effort.



Leo Advantage at Nomad Finance Girl explained (non verbatin) : daming ganyan. kumita ng malaki. 100% 500% 1,000% in a month, pero by the end of the year, di mo na mahanap.
Bottom line here is this :

What makes you think you can master ANOTHER market if you can't even master the ONE you are in? 

But if you really want to go into FX, click mo nalang yung dalawang tinag ko. They are solid FX mentors I can vouch for.