Risk:Reward question

No idea. The capacity handled 700 odd simultaneous markets with no problem.

Bloody hell, so this guy attends a seminar and then subsequently creates an HFT system that trades 700 markets at once?? Can you list them or will that give you away too? That's some serious spec you took care of Joe if it had risk management built in. Considering that Athena can barely do that.... I mean that only took JPMorgan 4 years to develop, but then they didn't have you on board.
 
Bloody hell, so this guy attends a seminar and then subsequently creates an HFT system that trades 700 markets at once?? Can you list them or will that give you away too? That's some serious spec you took care of Joe if it had risk management built in. Considering that Athena can barely do that.... I mean that only took JPMorgan 4 years to develop, but then they didn't have you on board.

Yes, this is why the broker wanted to give me a job. They had never seen anything like it and I knew they hadn't because I had been in their kind of environments myself.

The 700 odd markets was just for testing (real trades of course). The goal was all markets with liquidity. Yes, we had bullet proof risk control. My stuff is always bullet proof. Otherwise where is the fun in being a dev ?

Sadly though, the little hedge shop had no way to appreciate what I did for them, and I didn't have the patience to explain.
 
Thank you for all your replies chaps, and like someone mentioned there seems to be just as many schools of thought on trading, as there are traders. After reading all the replies I will be taking some of these trades(the really low risk:high probability ones) when they pop up, all be it not with the same percentage risked.

Yes there is a chance of finding out quite quickly that you were wrong by being stopped out, but sometimes placing your stop is like asking out a hot chick, some will tell you no straight away(3 pip stop), and sometimes you will be strung along with maybe's for a while, before you move on(placing a larger stop only to be stopped out eventually after PA yoyo's along). Sometimes knowing you were wrong right away is less painful.

P.S. I would like to also add that all those people who decided to contribute to my post's with wanting an argument, can you please send me a private message next time instead of running off to complain to the mod's to get me banned, as we are all adults here, and running off to complain behind a persons back is not the gentlemanly thing to do.

Best
John
 
They probably banned you for too much name calling. For people older than 3, it is possible for them to defeat others using more sophisticated methods.

Since you like quick stops, it is what you got. Perhaps that's a clue to what will happen to you in the market if you dare to dip your toe in.
 
They probably banned you for too much name calling. For people older than 3, it is possible for them to defeat others using more sophisticated methods.

Since you like quick stops, it is what you got. Perhaps that's a clue to what will happen to you in the market if you dare to dip your toe in.

I wouldn't call running to quickly report someone to a mod for a bit of banter sophisticated, but quite gutless really. What does that tell you about a person in general I ask you.

If the person who reported me actually sent me a pm highlighting their concerns I'm sure I'd have more respect for them, and let them know it's just bunter I tells ya.

Life is like trading some people will whinge and complain about algo's being against them, their broker against them, slippage against them, heck even late fill's against them, and others, well I just see it as the cost of doing business, and get on with it.
:)

As for quick stops, they pop up now and then, and if it is a high prob, low risk trade I shall take them. My stops vary all the time, but if I can get away with(risk getting away with) having a tight stop for a large(potential) gain then so I shall.

Best
John.
 
Hi - i have taken easily over 7000 live trades on currency pairs with an average stop of only 5 pips. - yes Ok I am an expert scalper - but by having very small stops and excellent entries I can get average RR's of 2- 6 on many trades. - ie a 30 pip move in say under 1 hr is worth a RR of 5 or 6 to me - and on just 0,5% risk ( of capital can instantly give me 2- 3% gain

I take between 5 and maximum 20 trades a day with stake up to 10 full lots and my accuraccy rate is between 65 and 83% based on groups of 100's of live trades.

Yes its takes special skill and knack and also advanced MM leading to a so called "free trade" with then your stop in profit on part stake - and so from then on you cannot lose and dont have to worry

Remember retail and commercial trading are like chalk and cheese - I go after 25 -50% returns per month with stakes of 0.5 -1 % of my capital ( yes have a large account )

I am a scalper - but risk adverse - which is very unusual in this game - 99% of the time I make money daily with my average min target of 50 pips - that can take me anything from 1 hr to 10 hrs to achieve during the European Session

Hope that helps - and yes still doing it today - with great scalp sells on EU and GU and scalp buy on the swissy

Regards

A true Forexmospherian
 
Most strategies are 50 /50

this market is corrupt beyond belief

The above from the other thread is not making sense. Why would such a corrupt market give you 50/50. Why, that's even better than the casino. Surely any corrupt market worth their salt should only give 1:99 against?

OP: beware of any guru's better than your Bank of England trader bud. They will surely eat you up like a little piglet and make your 3-pips strat look like a day out in the park.
 
Last edited:
The above from the other thread is not making sense. Why would such a corrupt market give you 50/50. Surely any corrupt market worth their salt should only give 1:99 against?

OP: beware of any guru's better than your Bank of England trader bud.

Just out of interest BJ, why do you have to be so negative on every post. It is not a very good personality trait to have. The above chap has been kind enough to reply to my thread, yet you've come out with negativity right away without even knowing the ins, and outs of what he is saying.

Regardless of whether you think he's talking rubbish, or not, why is it that just because something doesn't conform to your model of trading then it automatically means he is wrong.

Just because, obviously you have a losing day, week, month, does not automatically mean that just because others are doing well, they are liars. You really shouldn't, think that your trading is rubbish BJ, so others is rubbish too, or vice versa.

Life for you would be much more pleasurable for you, if you just took what people say as words on a forum, rather than thinking your Dr. Gillian Mckeith, and wanting to go as far as dissecting their faeces to see what they've had for lunch.
:LOL:
HTH.

Best
John.

P.S. afterall this is your statement that others might seem would be right of place coming out of a true wacko's mind...

"It was so good the institutional broker involved wanted to give me a job afterwards. By that time I was so pissed, I thought f* the lot of them. I don't like it if my efforts don't pay. Yes I was paid money, but I expected more".

They wanted to give you a job... Sure they did buddy, sure they did. Let me explain a bit about business to you, for someone to be running anykind of business, they know the value of what is good, or bad, they did not offer you a job, as you were not good enough, simples. If you were you would have hired you. Simples.

now just think where is that fund now, and where are you.
;-)

Lulz to the power of 10.
 
Last edited:
Who said I am negative ? I mock those who can't keep a consistent story. I am a helper by nature. I like to help people get better at whatever they do including coming up with consistent stories. I believe anything that is worth doing, is worth doing well.

I haven't told anyone of my trading. It's invalid to conclude these are rubbish.
 
http://www.trade2win.com/boards/psy...chological-emotional-burnout.html#post2185850
After being taught how to trade properly by a trader who has worked for the bank of England
http://www.trade2win.com/boards/home-trader/176274-found-something-special-share-15.html#post2166742
I'm not going to swear on my mothers life, nor your mothers, but I assure you I have nothing to lie about, and that is a conservative estimate as its usually over 10% per day I promise you.
http://www.trade2win.com/boards/edu...investigate-knowledge-action.html#post2125238
OMG. The BBC really stuck their teeth into them. I was about to sign up for a course with them, as were 3 of my friends. Not anymore. What a bunch of money grabbing scammers. They have no scrupels, and even go as far as robbing people who cant afford to pay for food let alone courses.

Lulz to the power of 10.

Taught to make 10% a day by a bank of England trader, yet looking to sign up
with any crap course on offer.
What a torrent of bullsh1t.
Lulz to the power of 10 indeed :LOL:
 

So you've spent your whole morning licking your wounds once I shut you up on the other thread, and this all you've come up with. Trawling through all my posts just to take a quote(out of context) from here, and there.

Wow you have had a busy morning, and if you were to, put as much effort into your own trading, rather than trawling through my old posts, you too could be a successful trader.
:LOL:

Ah Liquid my dear boy, you have a lot of growing up to do, and more importantly learning to do.

As I said to you earlier, why don't we both start a trading journal, and see who gets what results, or are your balls gonna shrivel up at the thought, and you run off, obviously, spend the whole morning getting angry, going through my posts again, rather than spending time on your own trading.

You really shouldn't, get as angry as you are, as it's not very conducive to having a successful trading mentality, but if you were to, get angry, then your the only one to blame. :mad:

Lots of love
John. :love:
 
As I said to you earlier, why don't we both start a trading journal, and see who gets what results, or are your balls gonna shrivel up at the thought, and you run off, obviously, spend the whole morning getting angry, going through my posts again, rather than spending time on your own trading.

You really shouldn't, get as angry as you are, as it's not very conducive to having a successful trading mentality, but if you were to, get angry, then your the only one to blame. :mad:

http://www.trade2win.com/boards/dis...ou-see-not-what-you-think-25.html#post2080864
My automated record, figs are from 1 lot SIM tracker,
live trades statement attached.

Not calls as such, no stops or targets given, just observations:
http://www.trade2win.com/boards/general-trading-chat/124852-1st-5-just-fun-4.html#post1550254

http://www.trade2win.com/boards/general-trading-chat/131664-indices.html#post1636320
http://www.trade2win.com/boards/general-trading-chat/131664-indices-3.html#post1639890

http://www.trade2win.com/boards/gen...donalds-stock-upside-limited.html#post1624004

http://www.trade2win.com/boards/gen...ert-markets-rally-fear-fades.html#post1620744

http://www.trade2win.com/boards/stocks/123136-whats-happening-desire-shares.html#post1519100

http://www.trade2win.com/boards/for...chase-interest-rate-non-news.html#post2184482
http://www.trade2win.com/boards/for...ase-interest-rate-non-news-2.html#post2184508
http://www.trade2win.com/boards/for...ase-interest-rate-non-news-2.html#post2184520

http://www.trade2win.com/boards/stocks/179526-drys-how-would-you-trade.html#post2195534

http://www.trade2win.com/boards/stocks/179990-royal-mail-anyone-2.html#post2204044

Not seen you make any calls, observations or anything else other than BS.
Your turn, over to you. :)
 
No need to do journals. Post up trading statements should be find. I am the official statements verifier around here. So you will get a fair and unbiased professional evaluation.
 

Dear Liquid Validity,
May I ask, with all due respect ofcourse,

Why have you been so angry since this am, and are still fuming now. It's only a discussion on a public forum we are having.


Secondly, do you know what a journal is,

:LOL:

as that's what I've proposed for us to do. Not for you to send me links I have no intention of reading, as unlike you I do have a life after this forum.

I guess you didn't understand the question sweet cheeks.

How about you answer my question of what trades you have taken today, and with what results.

Forever Yours
John :love:
 
Don' try and deflect it on to me.
Call something or post something.
I already have, your turn :)
 
No need to do journals. Post up trading statements should be find. I am the official statements verifier around here. So you will get a fair and unbiased professional evaluation.

Then I shall do that poste-haste my good man,
but first why don't you answer some of my questions for a change, and that is which broker you were referring to in this(deluded) post.

"It was so good the institutional broker involved wanted to give me a job afterwards. By that time I was so pissed, I thought f* the lot of them. I don't like it if my efforts don't pay. Yes I was paid money, but I expected more".


Best
John.
 
Don' try and deflect it on to me.
Call something or post something.
I already have, your turn :)

My Dearest liquid

I have answered your questions, yet you fail to answer mine, yet I will make you answer mine.

So could you answer my question, or you will prove to others that your not up to the challenge
:mad::devilish::mad:

P.S. before you run off to tell tales to the mods, may I say I have in no way said anything abusive to you, or your character, would you agree with this.

Forever Yours
John :love:
 
My Dearest liquid

I have answered your questions, yet you fail to answer mine, yet I will make you answer mine.

So could you answer my question, or you will prove to others that your not up to the challenge
:mad::devilish::mad:

P.S. before you run off to tell tales to the mods, may I say I have in no way said anything abusive to you, or your character, would you agree with this.

Forever Yours
John :love:

You haven't answered any questions, you've just done what most people like you do,
dodge the questions.
Cut the crap and post some old calls, statements or post something new.
I have already.
You haven't, feel free, start whenever you are ready :)
 
You haven't answered any questions, you've just done what most people like you do,
dodge the questions.
Cut the crap and post some old calls, statements or post something new.
I have already.
You haven't, feel free, start whenever you are ready :)

Temper, temper Princess,
:LOL:

I feel a lot on anger coming from you liquid, please take a deep breathe, and calm down. Breathe in through your nose, and out through your mouth, there's a good little chappie.

Quid pro quo
So you first.

Why are you finding it so difficult to answer my questions yet demand I answer yours. So again I ask you to answer my question first.
pretty pleeese avec sucre on top.

Where is all this negative energy coming from. Could it possibly be that, just because, you fail at a task, so that to you means others do too.

A wise man once said "never argue with an idiot, as they always win, due to years of practice". I know what they mean now.

Forever Yours
John :love:
 
Top