Independent Review of WallStreet1928

This is a discussion on Independent Review of WallStreet1928 within the General Trading Chat forums, part of the Reception category; Originally Posted by Futures Bandit Anything is possible pboyles if you have love in your heart. I think you are ...

Closed Thread
 
LinkBack Thread Tools Search this Thread
Old Nov 30, 2011, 1:43pm   #302
Joined Oct 2006
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by Futures Bandit View Post
Anything is possible pboyles if you have love in your heart.

I think you are being deliberately obtuse. All I have done is take Wallstreet's stated claims of his returns at face value. To be realistic and to allow for slippage, I have used much more modest returns. I have then demonstrated that even using these far more modest returns, trading a modest 10 clip would generate MILLIONS OF POUNDS PER YEAR.

This is a simple fact, based on the returns stated. And access to these returns is vailable to anybody who wishes to pay him £50 per month.What is there to argue about?
So I need £50 AND love in my heart, now you didnt mention that before.
pboyles is offline  
Thanks! The following members like this post: Futures Bandit
Old Nov 30, 2011, 1:45pm   #303
Joined Oct 2006
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by wallstreet1928 View Post
This is the best post i have read to date

I cant tell others what to do unfortunately ......they are more than welcome to criticize, although some people have already ordered the death sentence on me before a trial has even been conducted.

But yes, I will certainly refrain from posting masquerade. Thank you for making me aware of the concept of independence !!

thank you
Your mistake was to call in your ill informed dreamers to comment here, they have made a fool of you with their talk of millions in no time. Tell them to shut up if you want to have any credibility left.
pboyles is offline  
Thanks! The following members like this post: Futures Bandit
Old Nov 30, 2011, 1:51pm   #304
Joined Oct 2008
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by Masquerade View Post
Yes, and we have mr Bum Bandit who just signed up on November 30th with 5/6 of his posts in this thread saying how great Wallstreet is. If that doesn't look like a shill I don't know what does.... (maybe he's genuine, but it doesn't help wallstreet's case if the person's trying to help him)

This thread should be locked to the reviewers and wallstreet can post in it at the end of the week if he feels the need to. The rest is noise.
A fact that is very important here given that people accuse me of looking for subcribers on trade2win

more than 80% of my students are not on Trade2win, they have never used it and I dont think they even like it. They have been made aware by me that I have an independent review and joined trade2win due to it, they have repeatedly told me to stay away from trade2win because they cant comprehend the things that are being said.

I have told them to remain silent and be patient and let the independent people do there job

this is my last post Masquerade ..apologies once again to all for interfering !!
wallstreet1928 is offline Coach/Trainer  
Old Nov 30, 2011, 2:10pm   #305
Joined Apr 2006
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by wallstreet1928 View Post
I have told them to remain silent and be patient and let the independent people do there job
Given the quite obvious problems that will always exist with this type of thing, why not just use one of the many independant audit services such as collective 2 etc ?

Its easier than sending emails and sms to a bunch of people, and it removes all subjectivity.
the hare is offline  
Old Nov 30, 2011, 2:40pm   #306
Joined Oct 2009
Re: Independent Review of WallStreet1928

[QUOTE=Shakone;1733984]VielGeld there is no "pip issue". I didn't get filled, and by several pips, on more than one trade. So you should say "pips issue" if you insist. You talk about nitpicking. Well the market is very nitpicky. It's a yes/no world. It doesn't compensate you for being close or for guessing direction correctly but not entering. It's ruthless. That's the context of trading.



[QUOTE]

Well said! Precision is vital in trading, this is not a hypothetical business. It is becoming quite clear as to whom actually trade as a business and whom do this as a hobby.

As someone else pointed out Shakone, you must not get involved with any bickerings. Stay strong and report FACTS, it is up to others to decide if a few pips here and a few pips there make a difference.
wallstreetwarrior87 is offline  
Old Nov 30, 2011, 2:55pm   #307
Joined Sep 2010
Re: Independent Review of WallStreet1928

This whole topic is the reason I love trading.
brewski1984 is offline  
Old Nov 30, 2011, 3:07pm   #308
 
VielGeld's Avatar
Joined Jul 2011
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by shewolf View Post
Hang about. Its only been TWO DAYS that Shakone has been checking it.
Lets not get all excited about the results just yet.
Quote:
Originally Posted by Shakone View Post
VielGeld there is no "pip issue". I didn't get filled, and by several pips, on more than one trade. So you should say "pips issue" if you insist. You talk about nitpicking. Well the market is very nitpicky. It's a yes/no world. It doesn't compensate you for being close or for guessing direction correctly but not entering. It's ruthless. That's the context of trading.
All I'm really saying is -- let's pipe down and let Shakone do the calls. We can sort out the details later, unless WS is blatantly discredited.

Putting aside all issues, we stand at +60. So far, so good.

Quote:
Originally Posted by Shakone
The large gain wasn't known at the time. What you suggest can be done. But why 3? Why not 5 or 10? Better yet, why not exit 5 or 10 pips earlier too. Then we would take 10 or 20 pips off every trade. Where does it end? It's a silly argument to me. WS gives a range to enter and a target. If he wants to widen that range, he can. If you think that being a pip out makes no difference, then I don't think you've traded enough.
Isn't this up to the individual? If you're taking calls from a guy with a 90% win rate, 3 pips doesn't matter much, which was my point. I might take 5, but 10 is out of my range of comfort. I am well aware of precision, but my experience has told me that direction is much more important. You can have sloppy execution and still be profitable. As a trader, I'd have to kick myself if I missed a run-up like that. What if the drawdown is larger because those 3 pips became a loss? Again, depends on the individual and the size you're doing. But with a 90% win rate, this would be irrelevant.

I am also well aware of the context of these calls, which is to follow them to the letter, and that's exactly what should be done. I'm just saying people are making a big issue out of it, perhaps rightly, but it detracts from the main show -- live calls.

Anyway, I didn't mean to make the thread go into this tangent. Let's carry on with Shakone's calls -- he's doing an excellent job so far, and we shouldn't crowd out his posts.

Thanks.
__________________
To lose is human, to win is divine, to draw is an art.

~Tom Wiswell
VielGeld is offline  
Closed Thread

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Reminiscences of a Wallstreet1928 Subscriber Mr Squirrel Trading Journals 21 Dec 2, 2011 4:55am
Lost Link: Independent System Review/Testing Crassius Trading Systems 4 Apr 5, 2011 5:58pm
Why was Wallstreet1928 not recognised in '09 MC Awards? dr.blix T2W Feedback & Announcements 2 Nov 26, 2009 10:52am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)