I Don’t See The Worth

[7thSignalTrader]

I’ve decided that, I really don’t have to do this. I’m so tired of clueless people like Bramble and cast who have nothing better to do than attack something they don’t comprehend. If you don’t understand something, you should keep your personal attacks to yourself, until you get a clue about the things of which you speak.

Nonetheless, I’m done – I’m done trying to help ungrateful people. I don’t need this crap – I’m trading very successfully already as anyone can clearly see. This is exactly why nothing got posted on Elite Trader. I put up a profile on Elite Trader a while back ago (under an older version of this trading technology), it net well in excess of 100 pips – blew away the expectation for that trade and STILL the idiots came out in droves ignoring the actual trade and engaging in personal attacks on somebody they don’t even know. How stupid can people be.

I posted another profile – it netted more than 75 pips – got ignored and was then followed up with more off-subject personal insults. I then created a yahoo forum for the express purpose of obtaining feedback in a particular format, and got personal attack email after posting 12 successful profiles back-to-back, simply because I took some time off away from the forum. How dumb is this kind of behavior.

In another Forum, I did the exact same thing – posted consecutive back-to-back profiles that lead to 11 wins and 1 loss. Still, people came out and accused me of having an ulterior motive. If the “ulterior motive” includes the ability to be able to trade at 11 wins and 1 loss, then who gives a rats behind – as long as the trades work. People once again ignored the actual trades, and created BS topics of discussion avoiding the success of the trade (not even addressing it) and instead focusing on personal attacks that were irrational, illogical and insanely stupid at the core.

Well, I’ve had enough of that. I’ll let people work their butt off for 5 years or more to get what I have right now. Maybe then they will appreciate the kind of work that goes into creating something like this. I’m taking my self and my trading technology off line permanently – because I simply don’t need the trash that goes along with trying to help ungrateful people.

No matter where you go, there will always be some clueless individuals who spoil it for others. I just don’t have that kind of time anymore. I’m too successful a trader with too many projects on the drawing boards to deal with this anymore.

Good fortune and happy trading. I’ve seen my last trading forum – just don’t need the silliness involved.

 

[TheBramble]

I’ve decided that, I really don’t have to do this. .

Oh Boy!

If it hadn't have been me TV, you'd have had to invent someone to get you out of this one too.

Still, as I PM'd you - there's always moneytec and tacticaltrader.

Good hunting and bring back those scalps...

 

[smiley]

Not so long ago there was a chap who traded the YM who by all accounts was the bees knees. Anyway he got a similar reaction and indeed reacted in the same way. I don't think that he's been heard of since. Thing is that when he went, some other regular subscribers seem to have left with him so guess that he had some true believers despite the criticism.

I think that its a shame that this sort of thing repeats itself. I don't think that there are as such bad people on this forum. Indeed much help can be got if you're patient enough and learn who to ask. However I do think that T2W isn't necessarily the best place to "air" a system without being distracted as has happened today.

Judging by the responses to your initial thread I believe that you have had a lot of positive interest from people, all of whom can be contacted individually. I for one would like to see how your system pans out. Afterall one correct call wets the appitite but two, three......

Good Luck

 

[7thSignalTrader]

Smiley,

Thanks. The problem comes with idiots who think that they have some "insight" into protecting people, when all they are really interested in doing is getting the spotlight back on themselves. They are not interested in accurate trading. They will look at the parameters given and the posts made before a good move, then the move itself, and find a way to ignore the move and the call, while at the same time inject their own self-aggrandizing retorts that have nothing to do with trading the market. This is all too familiar a theme, and I for one don’t need it.

They are clueless people who would not know a Mack Truck if it ran over them head-on. They would not be able to recognize a good thing, if it walked into a room and sat down right next to them. They are simply blind people hoping to remain relevant while offering no production of their own. I understand them, and that is why I no longer wish to deal with them.

Human nature is very predictable - I knew that from the beginning - I’m just weary of producing results and getting crap from people in return. You would think that people would be intelligent enough to keep their mouth’s shut until they actually had something to criticize, instead of making fools of themselves long before they comprehend what just happened.

And, that’s my whole point: these idiots don’t even understand what just happened. They are so funny.

You can teach an ignorant man (we are all ignorant to something in life – all of us) to “see” what he needs to “see” in his “mind”, in order to get around the markets safely and profitably. However, you can never teach a fool anything until they decide that they are better off not being foolish.

A wise man will change – a fool never will.

I wish you the best – keep studying and researching – the answer to how to trade the Forex is located in the heart of its data. The Forex is far superior to the stock market after you get an understanding of the data.

Happy trading and merry Christmas! Goodbye!

 

[wisestguy]

this guy is another that belngs to the SFC ( self flatterers club ) .

just because you post something in spreadsheets on the net don't mean it's true , I would have thought that was obvious and why people don't respect it .

post a certified trading statement with your returns clearly visible as to the capital you risk , and the time frame involved .

then we will see.

 

[7thSignalTrader]

this guy is another that belngs to the SFC ( self flatterers club ) .

just because you post something in spreadsheets on the net don't mean it's true , I would have thought that was obvious and why people don't respect it .

post a certified trading statement with your returns clearly visible as to the capital you risk , and the time frame involved .

then we will see.

----------------

Wrong!

That is some of the most misinformed and misguided talk I’ve heard.

Who would be silly enough to post their private financial documents on an unsecured website? That’s not proving anything other than how dumb one can be. Geepers. The posting does not make it true - the results make it true. You don't respect the post - you respect the results - if not, you are nuts.

Talk about the results - not this junk that you call relevant. I am amazed at how blind people can be. They see the results and still find a way to type something insane. Amazing.

Furthermore, there is nothing more demonstrable than posting trades live. You cannot fake live. Either it works, or it does not work - that is the proof you seek, or should be seeking.

Anybody, can fake electronic financial documents. You’ve got to think these things through before you post them. This makes no sense – at all. Anyone can clearly see that a live trade makes a statement like nothing else on earth could or would.

Utterly clueless. Shocking.

 

[dageshi]

Take this for whatever you think its worth.

Most people who come to this board myself included come in an effort to learn, others to learn and give advise depending on how confident they feel. All you have to do is write something along the lines of "I've got this new trading system, I'm going to post some realtime trades what does everyone think?" no more detail about the system than that. That in my opinion would have been the best way to broach the subject of your system and whether anyone would be willing to pay to use it. No offense intended but we are a very mixed bag of people at differing levels of skill/experience your best bet is to attract the interest of those who find the system you have interesting but at the same time avoiding those who have become cynical through bad experiences.

 

[donaldduke]

I believe TradeVector is nothing but a Charlatan, so anyone who decides to follow him, be careful when
he decides to offer you something for sale. Which at some point he inevitably will. (He will
deny this ofcourse).

Dont say you weren't warned.

 

[LION63]

Another one bites the dust.

It seems that the skill that is most abundant on these boards is the ability to trash all and sundry without having a full grasp of the subject. I cannot recall TradeVector forcing anyone to take up the use of his system and as such the insults have been uncalled for and totally undeserving. If any individual was not interested in what he had to show, they could quite easily have ignored his threads and related posts but no that is not good enough is it, they have to spoil it for others.

I say shame on you. What have you shown in real time? Nothing. What have you got to match what he has been prepared to show others? Nothing. What have you left others? Nothing.

 

[7thSignalTrader]

Very Sad

Yes – I’m so sure. Only a blind bat would find a 266% net return on a previously given (free of charge) call would somehow re-write history and find a way to call the one who gave said call, a “charlatan”.

Only a 100% pure genesis would come up with that conclusion in spite of the trade itself. That’s tantamount to eating a bowl of fat and claiming that it is not really bad for your health.

What a waste of brain-cells. Is this the best you could come up with? I’ve already said the point of my research was “in part” to determine whether or not I would take my work public in a pay-per-use web service. So, your post offers nothing new. You do nothing but echo what has already been said. All you have really done is prove that you cannot read plain English – because I’ve already said this once before. Get a clue why don't you.

Did you net 266% today? If not - why not? Did you not see the parameters given? Are you blind?

What a sad joke. Pitiful.

 

[dwt1020]

I’ve decided that, I really don’t have to do this. I’m so tired of clueless people like Bramble and cast who have nothing better to do than attack something they don’t comprehend. If you don’t understand something, you should keep your personal attacks to yourself, until you get a clue about the things of which you speak.

VT,

Sorry to see you go. It's just a shame so many folks do nothing but bash people rather than letting ones actions, and or in this case, trades, do the talking. Not to mention it's just a big waste of everyone's time......

Is there a way I can join your yahoo group so I can see some of your past profiles...

thanks

[email protected]

 

[gullible]

TradeVector,
If you feel the way you do - no doubt your feelings are genuine- why do you waste time and energy to enter into this debate?

 

[7thSignalTrader]

Gullible

Gullible,

It's an electronic post!

I'm not getting into my car and sitting in 2 hours of traffic just to respond to someone. It's a keyboard and computer sitting in my office which I use to get work done everyday. It's an application called a web browser. It is a very simple to understand concept.

If I were sitting down and hand-writing letters to offenders, then that would be a waste. Since I type at over 90wpm, it is no more than a blip of time to me. This is virtual reality - not "reality". My physical presence (nor the energy) is needed to reply. If I poked my way around the keyboard at 6wpm, then that would be energy absorbing.

You act as if you are asking a substantial question. At this point - I'm somewhat amused at the foolishness and the extent to which some will go just to shoot themselves in the foot. LOL! Somebody hands you some (for all practical purposes the ultimate result would be the same) some cash and you slap them in the face! That's hilarious to me - rather funny, indeed. LOL!

 

[wisestguy]

>>Wrong!

yes indeed you are !


>>Who would be silly enough to post their private financial documents on an unsecured website? That’s >>not proving anything other than how dumb one can be. Geepers.

a person who has nothing to lose because he is what he says he is - a winner and not some charlatan , as some put it so well , that claims to be a winner based on chat site buy / sell recommendations .

That's pure BS , there's no hard evidence that says that a significant number of people have made money over a substantial period , with RISK under strong control .

any fool can say buy here , sell there , and eventually the trade will come out right , and a greater fool can follow that . the net result without good risk control is that he will go bust sooner rather than later.


>>The posting does not make it true - the results make it true. You don't respect the post - you respect the >>results - if not, you are nuts.


then why post ? if it is not true ? results have to be backed up by documentation , especially by those selling something . fan X can claim to have made 120 tics due to tips , but where's the proof ? proof that he actually made this amount and with RISK control and over a time .

so absolutely , I have no respect for what some claim as results . look who's nuts now eh ?

>>Talk about the results - not this junk that you call relevant. I am amazed at how blind people can be. >>They see the results and still find a way to type something insane. Amazing.


look who's talking .


>>Furthermore, there is nothing more demonstrable than posting trades live. You cannot fake live. Either >>it works, or it does not work - that is the proof you seek, or should be seeking.


already answered


>>Anybody, can fake electronic financial documents. You’ve got to think these things through before you >>post them. This makes no sense – at all. Anyone can clearly see that a live trade makes a statement >>like nothing else on earth could or would.


it makes a lot of sense , you just don't like it perhaps because you don't have it .

some documents can be faked , but others cannot . A yahoo email with the relevant details is very hard to fake , it's very obvious if it has been doctered.


>>Utterly clueless. Shocking.

pot , kettle , black .

 

[7thSignalTrader]

Wisestguy - Make some sense please.

“a person who has nothing to lose because he is what he says he is - a winner and not some charlatan , as some put it so well , that claims to be a winner based on chat site buy / sell recommendations .”
---------------

More blowhard drivel. That’s irrational on its face. The premise that “one has nothing to lose”, does not logically flow to “one should, could, or would post personal financial documents”. That’s called flawed (bogus) logic and it won’t float here.

Seconds, you don’t pay attention to well do you? Who’s talking about a “buy/sell chat site”? Can you post a link to a thread that contains such language or any language even remotely resembling such nonsense? This is a Trading Technology (newly researched), so get the lie straight before you tell it, please.


“That's pure BS , there's no hard evidence that says that a significant number of people have made money over a substantial period , with RISK under strong control .”
---------------

You’ve got to be kidding me. Was there any “hard evidence” when we put Neil Armstrong on the moon? Was there any “hard evidence’ just before the Wright brothers took to the air first at Kitty Hawk? Was there any hard evidence just before Bill Gates launched Microsoft indicating that that PC would ever become a household fixture? Was there any hard evidence 150 years ago that you would be able to travel by aircraft from New York to San Francisco in under 6 hours? Was there any hard evidence that E=mc2 was on its way before it got here? And, was there any hard evidence that the earth’s mean temperature has risen .5 degrees while the Polar regions have experienced a 4.5 degree increase it their temperatures over that same time frame, before someone started to study the subject intensely?

According to your philosophical mandate – no new information is allowed in the universe, unless it comes complete with “prior knowledge”. And, that my friend is the height is irrational assumption. All of human progress must therefore come to a screeching halt because all knowledge must precede all knowledge. Now, just how illogical would you say that makes your comment?

A significant number of people don’t use the same trading technology that I use. That’s the logical answer to your question. The other is irrational extremism.

“any fool can say buy here , sell there , and eventually the trade will come out right , and a greater fool can follow that . the net result without good risk control is that he will go bust sooner rather than later.”
----------------

Any fool could – the difference here is that I gave specific parameters in which to trade. Those parameters were calculated as being accurate based on historical and empirical evidence tested to a high degree or repetition. The results spoke for themselves in a net 266% gain on the trade striking theoriginal Weekly Long Target that was posted long before the trade. Those trade parameters also came with a Probability Statement which was calculated using a heuristic algorithm to generate a sequence of Relational Tuples.

So, you can “fool” yourself into thinking you know more about this technology than the one who created it, but you will only be “fooling”, yourself.

I don’t calculate “Risk” the same way that you calculate “Risk”. I am afforded the luxury of calculating risk factors differently than you because I use a different trading technology. So, what’s “risky” for you – could very well be considered a non-factor for me. The inverse is also true. So, you cannot simply “apply” some blanket definition of “risk” to all trading solutions. That would be just as foolish as not account for any risk at all.

Furthermore, if you bothered to read in context (don’t know why that’s such a problem on this board) you would have CLEARLY seen my post where I wrote about how I deal with “risk” using STOPS. You would have CLEARLY seen that I use a percentage of the previous trade’s revenue as a maximum risk allowance while never risking more than 100% of the previous trades net gain.

But, of course you did not pay any attention to this discussion – so now you are stuck with this post of yours that claims fact that are non-existent. Read before you post – it will save you some time and you won’t look so foolish.

Lastly, if you don’t know anything about the trading technology that generates the trade signals and parameters, how on earth can you claim that one is a fool for following them? That is presumptive and illogical on its face.


“then why post ? if it is not true ?”
-----------------

You seem really confused, here. The reason you post the Prameters is to let people know what you are doing and what you expect. Otherwise, that can be no point of reference for success or failure. Simple.


“results have to be backed up by documentation , especially by those selling something.”
-------------------

Wrong again – some of you on this forum just love to get it wrong don’t you. One: Who told you that something was being sold here? Can you point to a single thread that ratifies this statement of yours? I specifically said (for the 100th time) that I was conducting my own research and making determination about whether or not I would make my work public in the form of a web service. Is this concept too difficult for you to understand? It seems so simple to me and too many others on this forum – so why can’t you get this concept?

Two: Where have you been? I posted (documented) the Weekly Parameters within which I specifically wrote that my Trade Direction was LONG. What part of LONG do you not understand? I then posted very specific reasons for the recent 48 hour consolidation in the EURUSD. I then gave a specific WARNING that a major move was about to happen in the direction of the Trade Signal that I gave previously. That currency pair then went on to generate over 215 pips I raw profit. My exit put my net gain at 266%.

What part of this “documentation” do you not understand? I did everything short of press the button on your darn mousse for you and yet, you are too damn blind to see it. You have yourself to blame for not seeing this – not me.


“fan X can claim to have made 120 tics due to tips , but where's the proof ? proof that he actually made this amount and with RISK control and over a time.”
--------------------

What are you not getting here! The darn parameters were posted with the Trade Signal in full plain view! Can you read? The proof is sitting on top of your nose – go check the mirror – it is right in your face. Better yet – go read the thread that you are obviously ignoring. Post like this really don’t put you in a good light especially when the evidence is almost one day OLD and documented on this forum.

I’ve got three words for you: Learn To Read!


“so absolutely , I have no respect for what some claim as results . look who's nuts now eh?”
---------------------

You clearly seem very confused, here. I don’t know if it is a language thing or what – but how could I have made my trade any clearer to you? Read the post and notice the date and time stamp then go look at the EURUSD charts. Gee Wiz! I can’t believe that people are this bizarre around here.

The post sits directly in front of your nose – and yet you sit here and wonder where the proof is? Somebody pinch me please. Nobody can be that blind – nobody. Do I need to post the link here for you?


“look who's talking.”
-----------------------

Are we on the same planet?


“already answered.”
----------------------

You’ve answered nothing – I’m the one giving answers here to your ridiculous post. I’m the one who has had to direct you to the original Weekly Parameters & Test Trade post that you failed to read. You obviously did not follow the market, so you must not know what happened to the EURUSD, do you? Hello?


“it makes a lot of sense , you just don't like it perhaps because you don't have it .”
------------------------

No – but I do think that you are nuts if you think I am going to just hand-over my financial documents to some stranger on a forum. And, you would rather have some electronic document that can easily be forged (so it proves nothing) rather than take the LIVE TRADE that was handed to you on a silver platter. Sure, that makes a lot of sense to me (not).


“some documents can be faked , but others cannot . A yahoo email with the relevant details is very hard to fake , it's very obvious if it has been doctered.”
--------------------

What does a yahoo email have to do with a Broker’s Statement? One thing has absolutely nothing to do with another. You read (I’m sorry for saying this) like you are drunk, or something. You are not very coherent when you write. The Broker’s Statement will either come on-line and it will come form FXCM in HTML form. This document can be either altered in HTML, or it can be scanned into ANY computer and altered to show anything you want. It is proof of nothing.

On the other hand – when somebody posts a LIVE trade with a LIVE Signal online – THAT can NEVER be faked because the data resides on the forum server. If that person then tries to come back and delete the post – it will be detected immediately by other viewers. You are simply trying to push a Red Herring Fallacy because you have some personal hang-up with somebody who simple ask’s for feedback on their trade structures. No rational person thinks that a potentially doctored electronic document is more valuable than a LIVE TRADE Signal. That’s simply nutty.


“pot , kettle , black.”
-------------------

No – but I do think you are very confused.

 

[jsd]

"I dont see the worth"

ok if you dont see the worth, then it wont materialise for you. Think and see lack thoughts,images and thats what will materialise for you.

Now you have your system which may well deliver outstanding gains relative to risk assumed, what do you want to do now with it?

Theres only so much money a man "needs" ? what will you do with the excess ? why do you think you have been given the will to develop such a system?

You know your intentions deep down,or maybe you lack direction, some people will look for approval from outside to bolster self worth. You are your own appraiser, that what counts.

Give yourself a pat on the back and practice enthusiasm. 5 years is a chunk of time and there are still plenty of hungry people on the planet.

Saying something about other people says nothing about them, you are simple defining yourself in such comments.

best wishes

jsd

 

[wisestguy]

>>More blowhard drivel. That’s irrational on its face. The premise that “one has nothing to lose”, does not >>logically flow to “one should, could, or would post personal financial documents”. That’s called flawed >>(bogus) logic and it won’t float here.


you are sounding stupid now . if I make certain claims about trading then I would back it up by providing proof in the way of trading statements . which part of that don't you understand ?


>>This is a Trading Technology (newly researched), so get the lie straight before you tell it, please.


it is re-inventing the wheel .


>>You’ve got to be kidding me. Was there any “hard evidence” when we put Neil Armstrong on the moon? >>Was there any “hard evidence’ just before the Wright brothers took to the air first at Kitty Hawk?

HAHAHAHA . listen to this crap guys . how many of you can believe a guy about " trading technology " who is arguing against the wright brothers and manned flight ? next thing you know , he'll be saying that he's in the flat earth society.

And the fact is that trading and trading claims are unique in that they mean nothing until they proven exactly as they claim .

bloody joke.


>>According to your philosophical mandate – no new information is allowed in the universe, unless it >>comes complete with “prior knowledge”. And, that my friend is the height is irrational assumption. All of >>human progress must therefore come to a screeching halt because all knowledge must precede all >>knowledge. Now, just how illogical would you say that makes your comment?


pseudo intellectual BS. I asked for hard proof for your extravagant claims , that's all , I stand by it .


>>So, you can “fool” yourself into thinking you know more about this technology than the one who created >>it, but you will only be “fooling”, yourself.


there you go , flattering yourself again . I don't know your so called technology and I DON"T want to know . is that clear ? no matter how much sales hype and self proclaimed expertise you profess , it ain't gonna work .


>>I don’t calculate “Risk” the same way that you calculate “Risk”. I am afforded the luxury of calculating >>risk factors differently than you because I use a different trading technology.


in trading there is only 1 kind of risk and that is how much money you can lose . all systems have to effectively account for it , so far you have demonstrated nothing of the sort .

>>You would have CLEARLY seen that I use a percentage of the previous trade’s revenue as a maximum >>risk allowance while never risking more than 100% of the previous trades net gain.

AH , THANK YOU , I KNEW YOU WOULD HANG YOURSELF SOONER OR LATER . THIS KIND OF " RISK " CONTROL IS WAY TOO LOOSE , ANOTHER NAME FOR IT, IS GAMBLING.

if I have make 200% on my last winner , I could lose it all in the next trade, what kind of risk control is that ? better off playing Black Jack . And this is your so called technology ? HA !


>>The reason you post the Prameters is to let people know what you are doing and what you expect.

Prameters ? what's this ? a new way to measure the mode of transport you use ? so much for your
" expert " command of English .

>>I specifically said (for the 100th time) that I was conducting my own research and making determination >>about whether or not I would make my work public in the form of a web service


in other words you are making a claim .

well , you may not be a good trader but I tell you what - you certainly win the prize for coming up with the most long winded crap .

.
>>No – but I do think that you are nuts if you think I am going to just hand-over my financial documents to >>some stranger on a forum. And, you would rather have some electronic document that can easily be >>forged (so it proves nothing) rather than take the LIVE >>TRADE that was handed to you on a silver platter.


I don't think you're nuts , I think you're scared because it will reveal that you cannot live up to your claims .

phuck phuck phuuuuuuck !


>>What does a yahoo email have to do with a Broker’s Statement? One thing has absolutely nothing to do >>with another.
>>The Broker’s Statement will either come on-line and it will come form FXCM in HTML form.


nonsense . shows how much you know about technology , and how you think we are all mugs .

The fact is a broker statement ( as mine did ) can very easily come via email , and that cannot be altered if you copy and paste straight to the webpage .

every fool knows that html can be faked .

>>On the other hand – when somebody posts a LIVE trade with a LIVE Signal online – THAT can NEVER >>be faked because the data resides on the forum server. If that person then tries to come back and >>delete the post .


a post is a post . what bloody proof have you got that you actually made that trade within the parameters that you claimed ?

I could sit down and post 50 different trades a day on whatever electronic forum, and nobody would know if I actually traded them , unless I show my statements.

ridiculous .

you just try to stiffle all opinion countering your claims, by posting masses of BS , in the hope we cannot keep up .

got news for you , took me 5 minutes

 

[7thSignalTrader]

FetteredChinos

FetteredChinos,

Do you actually have something worthwhile to say? I’ve looked at your journal and I cannot believe that you would run you mouth the way you do. You seem to think that the extremely painful accuracy ratings that you obtain in your trading, is somehow “state of the art”.

I find it rather interesting when I run into somebody who really does a lot of “guessing” in the market, and then tries to justify the guess with the “make more than you lose” premise. Sure, its is ok to make more than you lose – that’s the name of the game – but, by no means would I call your trading “accurate”, or in anyway top-tier.

Did you read the Weekly Parameters & Test Trade thread? Did you notice the Entry Price that I gave? Did you notice that the current close price was in the $1.3290 level when I made my post? Did you notice what the Trade Signal was for that set of parameters? And, did you notice the high for that session at $1.3444.

Do that math.

Funny. You sit there and make this childish posts – yet – your own trading record leave much to be desired. What kind of person does that?

 

[7thSignalTrader]

Jsd

“ok if you dont see the worth, then it wont materialise for you. Think and see lack thoughts,images and thats what will materialise for you.”
----------------

In other words, if you don’t think big, then you can’t go big? Is that what you are trying to say? I wholeheartedly agree with you on that score. That is why I find it so amusing that someone could walk in here, show people a Weekly Target Parameter, have it nailed to the N-th degree and then do nothing but ridicule the person for making the post in the first place.

That is why I think there is no hope for this group. There are too many blind bats flying around the bat cave.


“Now you have your system which may well deliver outstanding gains relative to risk assumed, what do you want to do now with it?”
---------------

That is a very good question. I’ve answered it in another post – but because there is really no focus to this Forex Forum, I’ll try to answer it again – this time a bit shorter on the response.

I’ve spent 5 years developing the technology. 3 of those 5 years was full-time development while I traded part-time. The system will be transferred into an OOP environment regardless, but the question is when. I have no personal urge or need to do it right now. However, use to think that sharing my work through a pay-per-use web service would be a good thing to do. I could take the proceeds from the web service and donate them to a worthy project (most likely involving children’s causes). The revenue from my trading already dwarfs anything that a pay-per-use web service could generate. At the same time, I don’t think it fair that I should be asked to give away my hard work for free, as some people seem to think they have a right to expect. That’s nuts and will never happen.

So, that leaves me with a couple options: I could do the web service. Or, I could move in another direction that also interests me which involved selecting a Protégé or selecting a small Cadre of special individuals to engage in mirror trading (I’m not going to explain mirror trading on this site) for the purpose of building the organizations that I have in mind that are mostly Non-Profit entities – with the exception of one which has to do with new aircraft prototype development since my core training is aerodynamics and aircraft design.

So, I’m at something of a cross-roads at this point and I have to make some key decisions very soon. I am also wrapping up the final stages of the prototype trading solution that I have been slaving over for the past 5 years. While I am doing the final stages of development, I was trying to also maximize my time effectively by garnering some feedback on how people were using the trading profiles given.

This is not merely a simple question of “did the trade profile work”. I don’t need feedback on that – that is obvious after the trade. The feedback had to do with how other people would use the information given. The trading application itself is very visual in its design. One would “see” a graphic on screen and then make an entry and/or exit decision. However, the timing of that decision is critical and the particular Trading Strategy that one uses when they get the signal, can also be different from trader to trader.

This is why the feedback was necessary. I can custom design the output and the traders interface (the visual component) to best reflect the way in which people use the information. The feedback was about design issues not whether or not the trades actually work. I already know they work – I spent 5 years to make sure that they work a high percentage of the time. I did not need people to confirm that for me – that work has already been done. The feedback was about design not accuracy.

This should answer you question.


“Theres only so much money a man "needs" ? what will you do with the excess ? why do you think you have been given the will to develop such a system?”
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Thanks for asking. I’ve also answered this question in another thread, but I’ll take a different approach this time.

I’ve been asking myself that question for a long time now. Why me? If you approach the average person on the streets and tell them that you can net 50+ pips every single time you enter the market with many trips totaling more than 300 pips per trade, they would not have any idea what you were talking about.

The power of the PIP and the concept of Geometric Growth is exactly why I left the Equity Stock Options Market several years ago and never once looked back. If one can find a way to figure out what happens “next” in the Forex over a short time-frame (for me personally that is anywhere from 1 hour to 96 hours), then one can basically write their own ticket from a financial perspective and over time match check books with the wealthiest people on earth. But, of course – if one cannot develop such accuracy, then all one has is the conventional wisdom that accompanies 99% of all the traders in the world.

I did not want to be a conventional thinker in this business. In fact, I made up my mind a long time ago that if I could not trade at better than 90% consistently week in and week out, that I did not want to be in this business. That’s what drove me to discover the highest possible trading accuracy that I could design. I’ve tried to nail 100% all of the time, but it proved to be extremely hard to maintain. Something would happen (typically some adverse news) and the systems ratings would get pushed back down into the very low 90’s. Over time, it would work its way back up to 100% and then just like clock work, get slammed back down into the low 90’s.

It got really frustrating. I would conduct what I call forensic back-testing which is a very painful process because it takes a close “system wide” look at individual tic-data for a 24 hour period. I would spend 3-4 days testing a single trading session this way given the meticulous detail involved in that type of analysis. Over a period of time, I would come away with only a small .5% to 1.5% net gain in overall accuracy, but it would take weeks even months just to arrive at that small gain above 90%.

It has been a very difficult and detailed process and right now, I just don’t see the perfect 100% solution on the horizon. So, I’m stuck in the 93% to 98% range, or thereabout. There is a glass ceiling sitting just below a consistent 100% that I just cannot seem to penetrate and it has been my Achilles heel.

So, I have wondered many times, what my role is here on this planet. I’ve once heard it said that the unexamined life is not worth living. I’ve always had a sense that I was supposed to be doing something unusual and somehow different ever since I was a small child.

I’ve always had in interest in the affairs of children and the destructive things that impact their lives. I also have a strong interest in aviation and aerospace. It was not until I began understanding what made the Forex work from a “technical” standpoint, that I began to think of ways in which I could finally live out my dreams of improving the lives of people (children in particular) around the world quite possibly.

So, you are correct – heck – I don’t need tons of cash. I have very simple physical requirements and beyond that – what good is money to me? Beyond that money has no value to me, other than to help other people in some way. My only physical desires in this world are: the house, car, aircraft, the vacations, and most importantly having my family well taken care of – nothing more is needed from a “personal” standpoint. So, the rest needs to be put to good use. I’m a very easy to please guy: family, house, car, plane and vacations – that’s it – I’m happy.

Obviously, I’ve been bless with the ability to build a powerful tool – of that there is no doubt. So, I think I have a responsibility to do something with it that involves other people – namely kids.


“You know your intentions deep down,or maybe you lack direction, some people will look for approval from outside to bolster self worth. You are your own appraiser, that what counts.”
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Agreed – well put. Words of wisdom to live by (walk by).


“Give yourself a pat on the back and practice enthusiasm. 5 years is a chunk of time and there are still plenty of hungry people on the planet.”
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I think you are right.


“Saying something about other people says nothing about them, you are simple defining yourself in such comments.”
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I think you are painfully accurate (I am to blame for some of this). It really is hard to argue with reality. In fact, I’d be foolish to even think about doing so. Wise.


Now – I have a question for you: Exactly how do you feel about children and money?

Your post was timely, JSD.

 

[smokingtail]

Tradevector,
I have only just joined this forum. Please continue to share your knowledge because I am interested. I am pretty new to trading and could do with all the information I can get. Whether I follow it remains to be seen, but I certainly wont knock it ok.

Good luck

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Life is like a **** sandwich -the more bread you have the less **** you have to taste