trade2windows
Well-known member
- Messages
- 272
- Likes
- 76
Did you have to fly down to the drive tru to post that one
Did you have to fly down to the drive tru to post that one
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
You keep saying the same old cr*ap
Why dont you say something on the live thread then and make a live trade and I will tell you if it will work or not
There is a positive correlation of live trades to success
If you dont get to over 1000 live trades - you system does not work
Thats why some swing traders take 5 years or more to find out they are not getting anywhere
Quantity is important - just like the quantity of money you want earn from trading
Grow up - realise I am the real deal and I will even help you improve if you have the guts to admit you need help
F
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
Missed an opportunity on commenting on the lady with a 1 6 mill or what ever demo account in that doc
She was guessing - like 80% of all traders
You just cannot guess and succeed on 5 pip stops and 70% win ratios on hundreds or thousands of trades
Unfortunately that woman was just an accident awaiting to happen
The only time I use demo is when i change or use another broker
I am the first to admit - I dont compound and cannot hack it over 25 lots a pip - live
But even on under 10 lots a pip you can easily earn 6 figures sums annually - but never yet achieved over half a million - with live money
Its a different world to 95% of retail traders here - but they are never going to get to $100k plus accounts left on their own - or thinking they can just compound etc etc
I suppose I should let them all find out really - instead of trying to help ;-)
Off to bed - so p;ease carry on slagging me off - and then I can answer the wind up merchants tomorrow
Sleep well lol
She was guessing - like 80% of all traders
You just cannot guess and succeed on 5 pip stops and 70% win ratios on hundreds or thousands of trades
Unfortunately that woman was just an accident awaiting to happen
The only time I use demo is when i change or use another broker
I am the first to admit - I dont compound and cannot hack it over 25 lots a pip - live
But even on under 10 lots a pip you can easily earn 6 figures sums annually - but never yet achieved over half a million - with live money
Its a different world to 95% of retail traders here - but they are never going to get to $100k plus accounts left on their own - or thinking they can just compound etc etc
I suppose I should let them all find out really - instead of trying to help ;-)
Off to bed - so p;ease carry on slagging me off - and then I can answer the wind up merchants tomorrow
Sleep well lol
trade2windows
Well-known member
- Messages
- 272
- Likes
- 76
Ok for a start ,I wouldnt call your thread a live call thread ..its more a Schrödinger's cat thread as even though you say you post live calls nobody but you knows if you profit or loss until you look at it after the fact
I dont scalp either ,I trade off a 4 hour chart and take around 20-25 trades a week over 7 currencies
But ill tell you what ill do you one better ,give me a few minutes
trade2windows
Well-known member
- Messages
- 272
- Likes
- 76
So what if she was guessing or the cat was telling her ,,she turned 100k in 1.6 million ..whats the difference with magnums chart posting the same
1
12WBT
Did you win the demo comp.
Any prize money for the comp.
Also when are you going back live.
To me it sound's from what I'm reading that you trade better with your own rules rather than following the FXMO style and maybe he is holding you back.
Sometimes it's better to get away from trading threads and just do it and work it out for yourself.
I still like them for the social side and having a read but that's about it
To me a sim is worthless exercise apart from learning a new platform. IMO
Last edited by a moderator:
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
A major difference ;-)
And if you really cannot figure it out - then I will go into all the detail of why
In a nutshell - its down to the time it took - the win ratios - the RR's - the drawdown - the fact that MM has NO negative open trades - the method is completely different - etc - etc - etc
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
My apologies to all on my live thread - thread number 27382
I have really let myself down this morning doing such a bad thing
Of course we all know how correct the industry are and so we all should believe its impossible to make great intraday trades and get them correct over 70% of the time and make great returns - daily
I will withdraw into my shell - totally embarassed
With great regret
F
http://www.trade2win.com/boards/dis...ert-retail-forex-trader-3912.html#post2414868
I have really let myself down this morning doing such a bad thing
Of course we all know how correct the industry are and so we all should believe its impossible to make great intraday trades and get them correct over 70% of the time and make great returns - daily
I will withdraw into my shell - totally embarassed
With great regret
F
http://www.trade2win.com/boards/dis...ert-retail-forex-trader-3912.html#post2414868
Last edited:
1
12WBT
Attachments
MajorMagnuM
Legendary member
- Messages
- 9,284
- Likes
- 888
The cat woman in that BBC Documentary had 1.6 million in her account .
I don't know what her account size was to start with. she also had 17 positions open, many of which were red. I don't know if that was a part of her strategy as the programme did not go into detail. I did get the idea that she was using intuition. Anyone who has followed F's thread knows that it is not based on intuition.
I think its a shame that no experts on this educational forum has had the kindness to contact this lady and offer to bring her up to speed.
To me it sound's from what I'm reading that you trade better with your own rules rather than following the FXMO style and maybe he is holding you back.
I did use PF etc, but recently have mostly let go of them. This is because unless expert, its easy to allow what i am seeing on larger timeframes bias me on lower timeframes. I have noticed i can get several different m1 scalps in a prz on a higher timeframe before price determines which way it wants to leave that zone.
Did you win the demo comp.
i did not enter a demo comp
To me a sim is worthless exercise apart from learning a new platform. IMO
i respect your opinion.
mine is that a demo is a useful as you want it to be.
Perseverance, work & commitment.
Its so worth it.
i also agree with you on this.
I don't know what her account size was to start with. she also had 17 positions open, many of which were red. I don't know if that was a part of her strategy as the programme did not go into detail. I did get the idea that she was using intuition. Anyone who has followed F's thread knows that it is not based on intuition.
I think its a shame that no experts on this educational forum has had the kindness to contact this lady and offer to bring her up to speed.
To me it sound's from what I'm reading that you trade better with your own rules rather than following the FXMO style and maybe he is holding you back.
I did use PF etc, but recently have mostly let go of them. This is because unless expert, its easy to allow what i am seeing on larger timeframes bias me on lower timeframes. I have noticed i can get several different m1 scalps in a prz on a higher timeframe before price determines which way it wants to leave that zone.
Did you win the demo comp.
i did not enter a demo comp
To me a sim is worthless exercise apart from learning a new platform. IMO
i respect your opinion.
mine is that a demo is a useful as you want it to be.
Perseverance, work & commitment.
Its so worth it.
i also agree with you on this.
Good Morning @Forexmospherian,
It doesn't matter if you feel the industry is correct or not, what matters is, are you prepared to play the game the industry has created, and the answer is yes, albeit with your own rules. We get paid if the rules we set are right, and we get punished for being wrong, its not the industries fault either, because even after we have left this mortal coil, the industry will still be around.
As for it being impossible you say, well I would disagree with you on that point as well. Yes it is difficult, however with correct rules, training, MM, and system it is quite rewarding.
As stated earlier I "may" start a thread with my method, and account statements once my new office is ready, fish tank installed, and has been properly feng shui'd.
If I do decide to go ahead with it, there shall be no monies asked, I'll start from the ground up so even newbies can learn, all comments/criticism will be allowed, and most importantly no hidden agenda.
You really shouldn't think that, I'm an expert trader etc etc, but just try my best each and every day.
I must admit I am the most computer inept person going, and up until last year I didn't even know how to take a screenshot, and as for you not wanting to reveal your account details, you can hide as much as you wish.
As you can see from this screenshot I have just taken, its took me a less than an hour to get 50 pips, and my trading was done for the day at 08.00hrs(I wish everyday was this easy).
As to revealing more details on my account, "I'm keeping my powder dry" for a later date.
However more and more shall be revealed if I decide I can trade and write, with no detriment to my own trading.
Have a good day trading F, all.
Best
John.
Attachments
Trader333
Moderator
- Messages
- 8,746
- Likes
- 1,025
Yes I have spoken to him a couple of times this year and he is still doing well.
1
12WBT
Not sure what the girl has do with anything.
Did watch the show on the net, better than watching the current EPL football crap
FXMO was saying something about a comp, who cares move on.
What I would say is that when you place your trades there is no there at the time to hold your hand, only you, you make the calls when to get in and out.
Always liked reading FXMO post's, but now feeling he is trying to make him self look good on the back of you(only demo sorry) and this is very sad.
Trading is not that hard like FXMO makes it out to be.
It's down to you on the day.
Good Luck and work hard.
WBT
tar
Legendary member
- Messages
- 10,443
- Likes
- 1,314
This has been going on for months now , same spam over and over again in every other thread ....
what a load of manure. If a handful of trades are placed every month and the account is growing throughout the year then the method works. You dont need to wait 5 or more years to see if your system actually works. Just because you know your stuff doesnt make you a professional in all areas of trading. It is very clear by this stupid statement of yours that you are attempting this, albeit unsuccessfully.
Last edited:
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
Sorry Forker
Have to really disagree with you - and it happens to so many swing FX traders - and I have seen it at first hand
Yes - They think after say 3 or 6 months and the account as grown - the method works - so thats it - they carry on
Then after another 6 months or longer - they see another increase - although during that time - they have faith through a few bad months when they make no profit
Next year - say year 2 or 3 - they have 2 good years behind them - so they think - ie 45% increase in year 1 and 37% increase in year two
Both positive years and so they then up the anti
Remember by now they might have taken only a few hundred trades - or say if really busy 400 trades
Year 3 - and suddenly the markets change - they have 4 months of bad results
End of year 3 break even or up 15%
Still they are happy - all part of the development - and by now the account as grown well from say a few thousand to £3 or 4K
Year 4 - they lose the lot
This happens to many plodders - they think they have a winning formula - they have 100 trades under their belts - their win ratios are 50 -60% and they know basic MM
BUT
In reality they have really a 50/50 system and just a bad 6 months or 9 months even will destroy it
I think swing traders need at least 500 trades and over 3 years - seeing growth every year
Day traders expecting to do over 2 or 3 trades a week or at least 10 per week - need the 1000 trades to know if they have some "edge"
Scalpers need well over 1000 live trades - simply to test over all market conditions ideally - but then in reality without a few years under their belts - even many scalpers methods just don't have enough edge
You will not read this in books - just like you will never read my method and ways in any books or dvds or training courses
But maybe 60 -80% of swing traders will live in hope for many many years - until they develop a clear "edge" over the norm
Not just my opinion - backed up somewhere with stats etc
Regards
F
MajorMagnuM
Legendary member
- Messages
- 9,284
- Likes
- 888
FXMO was saying something about a comp, who cares move on.
just a wild guess but i think you care enough to warrant the reply you made.
What I would say is that when you place your trades there is no there at the time to hold your hand, only you, you make the calls when to get in and out.
no one was holding my hand. fmo was not even on site for alot of it.
Always liked reading FXMO post's, but now feeling he is trying to make him self look good on the back of you(only demo sorry) and this is very sad.
the credit is actually his to take as the methodology ( not the money management) in this case was all his.
Trading is not that hard like FXMO makes it out to be.
It's down to you on the day.
indeed, and 3k is now 72k, but it seems that to many it is pointless.
Good Luck and work hard.
most kind, thankyou
just a wild guess but i think you care enough to warrant the reply you made.
What I would say is that when you place your trades there is no there at the time to hold your hand, only you, you make the calls when to get in and out.
no one was holding my hand. fmo was not even on site for alot of it.
Always liked reading FXMO post's, but now feeling he is trying to make him self look good on the back of you(only demo sorry) and this is very sad.
the credit is actually his to take as the methodology ( not the money management) in this case was all his.
Trading is not that hard like FXMO makes it out to be.
It's down to you on the day.
indeed, and 3k is now 72k, but it seems that to many it is pointless.
Good Luck and work hard.
most kind, thankyou
MajorMagnuM
Legendary member
- Messages
- 9,284
- Likes
- 888
