Recent content by alfiemal

Hi mate, I was looking at this service myself, some of the trades look like trades I take myself trend line breaks coinciding with 123 reversals, are the grim results you posted yours or theirs? Or are they both the same? I was thinking of taking the signals and having a trailing stop on my IG...

I joined phils live room the last few weeks and its not a scam. Fairly simple system just trying to jump on markets when they trend and stay out when they are in congestion. You get stopped out a bit but some of them go well. If i had any complaints it would be phils not very active i prefer...

thats exactly it in a nutshell, some will like it some will not its up to the trader!! :thumbsup: in the original question the scale out method they are suggesting is where you scale one of your 3 lots out at T1, but your 1st target (T1) is only 50% of your initial risk so when you work it out...

cheers for that, how do i find his scale out threads?

Thats the impression im getting doing a little testing sometimes your alot better letting your winners hit risk/reward targets of 2 or 3 but on the flip side when you have a bad losing streak its better to scale out and move stops to BE asap. Scaling out is easier to trade but probably less...

No probs mate just good to get second opinions. Im not sure about this scaling out method myself... In this method there is a higher chance of the first target T1 being hit because it on only 50% the distance that the stop is (check the video the SL is further away than T1), then when/if T1 is...

yeah there are different opinions on scaling, i just wondered what others thought, another way to look at it is its seems better to have a R:R ratio of 1:2 or better 1:3 but its much harder to hit the targets, with the method in the above video hitting your first target which is only half the...

Hi all what do you think of this single in scale out method of risk/money/trade management good or bad? i know some traders say its not good scaling out too early but it keeps your winning percentage high, depends on your trading personality i suppose... please watch the video on you tube...

I think everyone was thinking the same why would someone who makes $250k a year be interested in getting customers etc.. but like i said some millionaires to still do a bit in the industry so there is always a little doubt. I would have checked phil out a while back if i would have known how...

His trading strategies company address is kirkdale liverpool since 2004 when the company website started and there is some evidence on facebook that him and his wife are from around there, i spoke to my mate from liverpool and he said its a grim area, those terraced houses are worth around £60k...

I was thinking it all along claiming 25000 pips seems like a pure scam to me, but trading is a funny game i read about a guy who went on an 'advanced' trading course with a CTA who had made serious money and he wasnt impressed because the strategy the CTA was teaching was so simple, thats one of...

Im not a profitable trader but im not stupid either i have an engineering degree. What is your problem with phil then do you think hes a scammer? do you have any facts to back it up if you do? A BAD ENTRY SYSTEM WITH GOOD MM CAN MAKE A PROFIT, A GOOD ENTRY SYSTEM WITH BAD MM WILL NOT. That is...

Yeah i read that bit but i was merely using the you tube link as you had said how did i know about the strategy as if the only way for me to know was his live room, thats not advertising or selling just proving a point that you brought up...

You think phil is a scammer because you are jealous and i would bet you are a losing trader. :) It shows my lack of experience on here i only come in now and again, i will apologise to timsk and them for posting that link i didnt realise it was against the rules. You and cablemonster get...

I was not in his live room as a paid member i have a full time office job, but if i thought i could follow his trades and make $250000 a year id quit tommorow. The reason i know about his strategy is because its been on you tube for years... My friend was a member for around a month not me, im...