Anyway my name is Bob and my moniker is nanningbob. I used that name because I lived and worked in Nanning, China for 12 years. My wife and I started an American private tutoring center in Nanning in the Fall of 2002 for the foreigners children whose parents worked there. We operated grades 1-12 and grew to 58 students by 2008. After the Olympics there was a decline in foreigners working in that area so by 2014 my wife and I retired from teaching, sold the school and moved back to the USA. When taking care of parents didn't work out and we didn't want to use what assets we had left on buying a house and settling in, we decided to become truckers and see the country. I quit trading after 7 years and took a long break. We live out of our truck and bank all our money. We now have enough to almost pay cash for our retirement house here in Florida. A couple of weeks ago I downloaded a Empty4 and got hooked again so I started trading a 400 dollar account I had set up for a friend who lived in Vietnam. He hadn't touched it in years so here I go again. Gonna warm up and then add some serious funds. That's the plan.
I started Forex trading in 2006 when a guy I had lunch with talked me into trading Forex. After one day I was hooked. I was also green and ignorant and saw my 500 dollars wiped out in a matter of days. He was a news trader and I soon learned trading a dollar a pip caused you to lose your money very quickly. After a couple of blown accounts and forays into Martingale trading I took 6 months off and just watched charts I began developing my own theories of trading Forex but found out later they all were out there already. Nothing new under the sun. I did learn that Forex gurus were full of Sh...,.. And had no idea what they were talking about. I also learned that 2/3 of traders lost money and only the top 5-10% made serious money. It's an exclusive club, the successful long term trader. So I went through the learning curve and learned how to countertrend trade, range trade and finally trend trade. It was a long haul but made many friends including some Brit named Steve Hopwood. What a journey.
Anyway I became famous by spending one year posting and and showing my trades for one year at FF. You can still see them in my 4.0 and 5.0 threads there. Eventually I ended up asking a simple question, What the heck is a trend anyway? I mean everyone talked about it but I could not find a definition for a trend. No Forex Forum seemed to have one. So started my quest with the 10.0 series. The first thread started at FF factory and when Steve started his own forum I eventually left and continued with 10.2 to 10.9, 10.Edsel and finally the ultimate HGI. With Baluda, Milanese, Elixe, Steve, and thousands of others in the Forex world we had come up with the ultimate indi. It tells you to range, trend, and reversal trades and gives you an idea whether to hang on or close out a trade. Nothing like it on the market.
Anyway that's a short version of my life. I trade as a hobby. I love it and enjoy it. My goal has always been to retire and use trading to give me a nice side investment along with other things I do. I know a bit about this business from the school of hard knocks and hope to help you with your questions and goals. Feel free to ask the most mundane of questions and I have only barred 4 people from my Threads in 10 years. They were broker moles and one big headache. I also invite other experienced traders to join in and answer questions in case I'm tied up and can't get to them right away.
Nanningbob
June 18, 2016