The Rumpled One (TRO OR Avery Horton)

This is a discussion on The Rumpled One (TRO OR Avery Horton) within the Educational Resources forums, part of the Commercial category; Originally Posted by theSnaggle Guys, if you spend $500 on one of those books of TRO's, you deserve what you ...

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Old Jul 20, 2009, 3:50am   #16
 
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Quote:
Originally Posted by theSnaggle View Post
Guys, if you spend $500 on one of those books of TRO's, you deserve what you get...
My first post on Trade2win.

I agree with the poster above.

I don't know this guy (TRO) . . . and have never used his indicators. But I've read his postings on various websites and it seems like a lot of quasi-Zen BS. Lots of "trading is simple" and "do you see?"

But from what I've seen, the so-called "simplicity" eventually degenerates into a mess of muddled thinking, half-baked ideas and more quasi-Zen, "look at the pretty sunset" BS.

He reminds me of Murrey . . . of Murrey Math fame . . . for all I know, he IS Murrey. The two share one thing in common - you can't get a straight answer out of either one.

Good teachers . . . true teachers . . . have a knack for seeing the simplicity in the complex and explaining it in a way that doesn't attempt to diminish the student or confuse him. It's not about:

"If hundreds of people understand and a few don't, am I to blame? If a few people understand and hundreds of people don't, am I to blame?"

This is a man of HUGE ego. The answer to both is YES. If you come on a forum proclaiming yourself as a guru of Simplicity and a guru of Never Losing then the responsibility is yours. Totally yours.

Take this for what it's worth . . . I don't know the guy and never used his methods. But from what I've read, he is no teacher . . . and frankly . . . by proclaiming that "trading is simple" when decades of evidence suggests otherwise . . . lacks fundamental credibility.
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Old Jul 20, 2009, 5:04am   #17
 
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FWIW, he's worn out his welcome on many a forum.
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Old Jul 19, 2010, 10:26pm   #18
 
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Re: The Rumpled One (TRO OR Avery Horton)

I like that he codes for free and posts charts, but I don't like that he sells the breakout bounce strategy. It makes you think that all he has done is a ploy to sell products.

I believe if your goal is to sell, that is fine but you need to communicate that first. If your goal is to help, you can't sell behind the scenes or it will diminish the trust you have with your protoges(however you spell that).

I'm a fan of his work though. Some of the indicators have been helpful and his Rat Reversals are good methods.

Overall, thumbs up to TRO
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Old Jul 20, 2010, 3:25pm   #19
 
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Re: The Rumpled One (TRO OR Avery Horton)

http://www.answers.com/topic/prot-g

protégé

n.
One whose welfare, training, or career is promoted by an influential person.

[French, from past participle of protéger, to protect, from Old French, from Latin prōtegere.

[Literally: one who is protected].

hmm....the Firefox spell-checker does not offer up the correct spelling if I put it in slightly wrong (presumably because it is the English language version), but if I put it in correctly, it does not flag it up as an error.
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Old Jul 25, 2010, 11:25pm   #20
 
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Re: The Rumpled One (TRO OR Avery Horton)

Feel free to ask me questions directly.
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Old Jul 26, 2010, 12:43am   #21
 
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Re: The Rumpled One (TRO OR Avery Horton)

Quote:
Originally Posted by TheRumpledOne View Post
Feel free to ask me questions directly.
My question for you TRO is this, have you given up on EA's? I think with your coding experience, you'd be just as interested in creating those as indicators. I don't want one, I've just been curious about that for awhile. The indicator guru has never delved into Expert Advisors?

I'm only asking because I've been going crazy coding them now trying to find a repeatable task that works. It'd be nice to hear that it's possible.
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Old Jul 27, 2010, 2:01pm   #22
 
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Re: The Rumpled One (TRO OR Avery Horton)

NO, I have not given up on EAs because I HAVE NEVER WRITTEN ONE. I code indicators.

MT4 does not have the tools necessary to code a decent robot, IMHO. There are so many things you have to have the robot manage. Failure to do so results in loss.
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Old Jul 27, 2010, 2:31pm   #23
 
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Re: The Rumpled One (TRO OR Avery Horton)

Quote:
Originally Posted by TheRumpledOne View Post
NO, I have not given up on EAs because I HAVE NEVER WRITTEN ONE. I code indicators.

MT4 does not have the tools necessary to code a decent robot, IMHO. There are so many things you have to have the robot manage. Failure to do so results in loss.
I realize your rat system wouldn't fit and a few of the other more discretionary methods to your trading. But if you can open, close and modify an order. You can create your stop loss criteria and trail it however you like. You can use any indicator available in MT4 and get the shape of all the recent candles based on high/low/open/close, you should be able to create an EA from it. If you cannot, it must be because your methods are largely intuitive.

I don't see anything wrong with intuition, just stating a fact as I see it.
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Old Aug 5, 2010, 2:06pm   #24
 
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Re: The Rumpled One (TRO OR Avery Horton)

Quote:
Originally Posted by lbranjord View Post
I realize your rat system wouldn't fit and a few of the other more discretionary methods to your trading. But if you can open, close and modify an order. You can create your stop loss criteria and trail it however you like. You can use any indicator available in MT4 and get the shape of all the recent candles based on high/low/open/close, you should be able to create an EA from it. If you cannot, it must be because your methods are largely intuitive.

I don't see anything wrong with intuition, just stating a fact as I see it.
I never said an EA could NOT be created. I said I do not code EAs.

There is NOTHING intuitive about trading this method:

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.
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Old Aug 5, 2010, 2:19pm   #25
 
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Re: The Rumpled One (TRO OR Avery Horton)

Alright then. That's good news actually. I'll write an EA on it with these exact rules and no discretion. I know many people have attempted to write them already based on your rat reversal, but something like 99% have no idea what they are doing.

I'll post to the forum so we all know the outcome. Thanks for keeping up on the posts TRo

EDIT: Take whatever profit you can is based upon discretion/intuition. Perhaps I can code a standard rule in to take profit and make it work but I have to disagree with your post now. There's no arguement that can resolve the fact that intuition plays a major part in order closing on your rat reversal method.
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Old Aug 21, 2010, 1:24am   #26
 
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Re: The Rumpled One (TRO OR Avery Horton)

I have been benefiting from TRO for the last three years...the number on indicators is staggering! This last week I used one of his indicators to select pairs to trade - I am up over $250.00 trading only 1 mini lot in two days! (The fact is I only traded for 2 hour.) Indicators still need a trading plan and money management that fit your personal trading style. If you want to be successful walk with the Elephants’! Avery Horton is one of the Good Guys.
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Old Sep 24, 2010, 6:06pm   #27
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Re: The Rumpled One (TRO OR Avery Horton)

Quote:
Originally Posted by 4Jacks View Post
My first post on Trade2win.

I agree with the poster above.

I don't know this guy (TRO) . . . and have never used his indicators. But I've read his postings on various websites and it seems like a lot of quasi-Zen BS. Lots of "trading is simple" and "do you see?"

But from what I've seen, the so-called "simplicity" eventually degenerates into a mess of muddled thinking, half-baked ideas and more quasi-Zen, "look at the pretty sunset" BS.

He reminds me of Murrey . . . of Murrey Math fame . . . for all I know, he IS Murrey. The two share one thing in common - you can't get a straight answer out of either one.

Good teachers . . . true teachers . . . have a knack for seeing the simplicity in the complex and explaining it in a way that doesn't attempt to diminish the student or confuse him. It's not about:

"If hundreds of people understand and a few don't, am I to blame? If a few people understand and hundreds of people don't, am I to blame?"

This is a man of HUGE ego. The answer to both is YES. If you come on a forum proclaiming yourself as a guru of Simplicity and a guru of Never Losing then the responsibility is yours. Totally yours.

Take this for what it's worth . . . I don't know the guy and never used his methods. But from what I've read, he is no teacher . . . and frankly . . . by proclaiming that "trading is simple" when decades of evidence suggests otherwise . . . lacks fundamental credibility.
very well said Jack
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Old Sep 24, 2010, 9:10pm   #28
 
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Re: The Rumpled One (TRO OR Avery Horton)

Trading is as simple or difficult as you decide to make it. The problem with most beginning traders is that they want trading shortcuts. Ultimately there are no shortcuts. You want the true "holy grail" of trading? Here it is:

Spend 3-5 hours per day (during market hours) for 2-5 years watching the 1 market you choose. Watch every tick, watch every order. Don't do anything else during those 3-5 hours. No surfing the internet, no checking email, IM, staring at the wall. Do nothing but observe. You may write down your observations. When you have done that trading will be as easy as you thought it could be when you first started. Simple as stealing candy from a baby.

Is that too "Zen like" for you?

P.S. For those of you who will undoubtedly call me a shill, a fake account of TROs, etc. Just remember that the more you think these conspiracy thoughts the more you will fail in the markets. Just truth.

P.P.S. Yes I have met and actually traded with Avery. He is egotistical and mysterious. But he is also very successful. And yes I have used that information to forge my own success.
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Old Oct 9, 2010, 12:10pm   #29
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Re: The Rumpled One (TRO OR Avery Horton)

Just want to chip in my own experience here with TRO - a great guy who obviously lives and breathes for trading, coding and spreading what he finds. Nothing wrong with that, it's obviously his passion.

Are his methods of any use? Absolutely. Think of it like this: every system/method you ever come across in trading will always win and lose, the trick as we all know is an edge, blah blah blah.

TRO has many methods that give as good an edge as anything else. He comes up with new ideas and codes the indicators for them out of a childlike passion it seems, and he shares them, and he's built up a hate-base, and those haters will be the first to jump all over anything he says - like opposition parties in politics... if the Torys are in power then anything they do must be argued about by Labour. And vice versa - it's their job! The hate-base TRO has created (not on purpose I may add) have a job to slate anything TRO does/says.

So these haters will never win with TRO's methods but may win with others. Or not. Whatever.

Here's the big issue: EAs. EAs are worthless if you want a robot trading for you. Some trade management EAs are good to make life easy, but it's comical how quickly some idiot says "oooh is there an EA for this?" like an EA is the magic answer! LOL! Anyone that asks for a method to become an EA is a stupid stupid idiot!! All you have to do is present a new idea and some lazy doesn't-yet-know-he-has-lost loser creeps into the thread with "hey guys is there an EA for this?" LOL you all have to wake up else you'll never be successul.

Note when I say "EA" I'm talking about a piece of code that trades the method for you, not a "make life easy by adapting order management" type EA - these have a use if you need them.

If you want a robot to trade then just google it, I think you can buy one for like $300 or something which has a 95% win rate and a host of real statement balances on the website to prove $500 turned into £112,445 in 20 days.

LOL!

The reason why TRO's simple methods work as well as any method you guys and gals will ever come across is because it's up to you to work out how much loss is enough, how much profit is enough, whether you recent performance means you should be aggressive or conservative, whether the current volume and activity on the chart is giving away easy money or tough money, etc etc - if the soil is right, the plants will grow, if the soil is ruined, what will you harvest?

Is 20 pips really a stoploss? If you're gonna decide it is, you're on the wrong track already. How can you decide losing 20 pips is ok with any method before you're in the thick of it? Trading is all in your mind, hence why TRO says you don't need indicators. He loves to code so let him code, he's a great guy. I'm sure he's making shed loads of $$$ anyway with or without your blessing guys so while he keeps draining the banks you lot may as well keep squabbling over how many times he's been banned or whether he has an ebook for sale. You keep arguing, he'll keep cashing the chips (and others who have learned from him).

Regards
TOC

(I bet someone now asks: "oh, is there an EA for what TOC just said?" LOL!)

Last edited by Tired_Of_Conmen; Oct 9, 2010 at 12:16pm.
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Old Oct 13, 2010, 1:19am   #30
 
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Re: The Rumpled One (TRO OR Avery Horton)

Quote:
Originally Posted by TheRumpledOne View Post
Yes, I am for real...LOL!.
Yeah, a real joke.
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