What's the Purpose of this Section?

[7thSignalTrader]

Gone.

 

[LION63]

TradeVector,

What you have described in painstaking detail would be worth a kings' ransom if it works and is as accurate as you have implied it is. Did my eyes deceive me or did I see 100% simple accuracy and 93.87% MDR? Someone kick me and say I am dreaming.

At this point, all I can say is THIS I HAVE GOT TO SEE. Forgive me if I sound sceptical but my bookie no longer lets me place bets after the races have been run. Most members will brush this aside as ludicrous and quite a few have many years in the markets, I doubt if they have ever seen anything of this nature and probably never expect to.

Nevertheless, you have offered to post real time trades and we will be able to see for ourselves, I sincerely hope that you are right and make me eat humble pie.

STICK IT TO US.

 

[Roberto]

Ditto.

I'm extremely interested. How could one not be after reading your post?

I trade forex every day, and at the moment it's more than 60% of what I trade. If I can find a way to make it 100% I'll be very happy about that.

 

[7thSignalTrader]

Reply 1

Gone.

 

[roberk]

A few quick questions for the group:

What is the Purpose of this section?,

Perhaps so that people selling their systems can make ridiculous claims, thereby garnering a profitable following of gullible newbies?

 

[Roberto]

Perhaps so that people selling their systems can make ridiculous claims, thereby garnering a profitable following of gullible newbies?

I wondered how long we'd last before the first such comment. Your enthusiasm to express your cynicism might have prevented your noticing, but so far GammerJammer, LION63 and myself are far from "newbies" and nobody else has responded.

 

[Roberto]

Roberto: ... Which pairs are you trading and most importantly…why are you trading that/those particular pair(s)? I think that the reason “why” one enters any trade, is a very good indication of their level of success.

I trade EUR/USD about as much as everything else put together. The "everything else" includes Cable, USD/CHF, and occasionally USD/JPY, USD/CAD and AUD/USD.

I've been trading more or less full-time for 4 years now, but forex for only about 1 year, so don't expect much intelligent conversation from me. I prefer EUR/USD because it seems to me to have right sort of volatility and price-patterns (lower highs, higher lows, etc.) without quite the high-risk nature of Cable; it also has very low dealing-costs.

I appreciated and identify with your comment about working on something: I can't begin to describe my trading activities in such terms, but I've very much "been there, done that" in former positions.

Have a good weekend.

 

[markb25]

I also would be interested in hearing more.

Mark

 

[ChowClown]

..me too. I'm forward testing a few high percentage FX engines, but your work appears leaps and bounds ahead. Looking forward to more of your posts Tradevector.

 

[options]

Yep, find the thread interesting and would like to follow through on more.

Gives a different slant on trading and by Trade Vector's initial post, he obviously has researched and knows his angle of approach to trading. Of course I would like to see more. If only to see it pan out correctly. The obvious reservations are in place alongside all the 'this is the one' previous plans we have all seen.

For my part I have been trading fx 100% for some time now, Used to solely trade eu/usd but have switched to gb/usd owing to a 'smoother' ride of late.

So, yes. Trade Vector please continue to post some more.

You will get detractors on here, as, if you have read some of the other posts you will no doubt know. But please ignore them. You will ultimately be proved right or wrong by your own hand.

I am a big fan of the k.i.s.s. approach to trading, and go on the premise that there is nothing new in trading, or indeed the world, it's all been done before. But there are different angles/approaches.

If there wern't, we wouldn't be communicating this way across vast expanses of water and Bill Gates wouldn't be as rich as he is.

 

[breadman]

Tradevector,

I would be interested in you posting your trades realtime.
If you were to post your trades for 3 months realtime and achieve 90% accuracy for that period more and more people would then become interested.

Breadman

 

[JTrader]

From reading through TradeVectors posts - It seems that I was wrong when i said that trading was not rocket science...........I fear for my trading future.............. :cheesy:

 

[Roberto]

If you were to post your trades for 3 months realtime and achieve 90% accuracy for that period more and more people would then become interested.

That's what we call over here "polite British understatement", TradeVector.

 

[dwt1020]

TradeVector,

if you post some "successful" profiles folks will INSIST you build a java based system and will camp on your door step until it's complete.
How long would it be before you'd have a releasable version?
What would be the monthly charge?
Would it be specific to certain brokers and would it include the capability of "automatically" placing trades?

When will you start posting profiles ?
Does your system generate signals on a daily basis?
Is there a way you can e-mail them to us?

Watching with great interest and looking forward to the first real profile.

 

[LION63]

TradeVector,

As at time of writing, there have been 14 replies and 214 viewings for a thread that has been up for less than 24 hours (weekend) that should show you that there is a certain level of interest in your system. It seems that the lure of free money can work wonders and we are now waiting with bated breathe for the new system that turns also rans into Super Traders.

 

[TheBramble]

This trading technology is currently rated at 93.87% accurate to a specific target and designed to always set a minimum profit (called the Minimum Design Requirement - MDR) of between 75 to 300 pips per trade (Day to Swing). Accuracy of this technology is based on whether or not the MDR was struck - not whether or not there was a simply profit on the trade.

TV - are you saying the 93.87% accuracy applies to every point along the MDR range of 75-300pips?

For starters, I can consider posting very basic live profiles in the following format provided there is enough interest:

Begin Profile:

Date Range: 12/9/04 – 12/10/04
Currency Pair: EURUSD

Trade Type: Day
Direction: Long
Entry Price: $1.3239
Exit Target: $1.3330
Pips Expected: 91
Entry Condition: Go
Potential: Maximum
Probability: 90%
Extension to Swing: Possible

End Profile: (Note: this is for format purposes only)
------------------

Is this profile for format/example purposes or are the data representative of a live trading signal given?

 

[donaldduke]

For starters, I can consider posting very basic live profiles in the following format provided there is enough interest:

Begin Profile:

Date Range: 12/9/04 – 12/10/04
Currency Pair: EURUSD

Trade Type: Day
Direction: Long
Entry Price: $1.3239
Exit Target: $1.3330
Pips Expected: 91
Entry Condition: Go
Potential: Maximum
Probability: 90%
Extension to Swing: Possible

End Profile:

What about the stop loss for the trade????

Or perhaps like LTCM and Mr Leeson you dont bother with such things?

 

[Money_magnet1]

For someone who sounds as educated as you do, posing the question 'will enough people be interested in a system returning 99.1% to about 99.8% win trade accuracy or 93.87% - 99 % for a pre-determined 75 - 300 pip gain' sounds too naive to be true. You may be wrapped up in your work but your not living on the moon. Prove you can do what you proclaim and I'll sing your praises like Billy Graham on Ecstasy.

 

[TheBramble]

MM1 - I imagine you are like a lot of people thinking that was a stupid question to ask. Along the lines of "Would you be interested in a system that gave you near certainty of making 75-300 pips every trade?". Why ask?

There are others who I imagine are thinking that if they had spent 5 years coming up with a system with this profile - they wouldn't be giving to anybody else - wouldn't want to - wouldn't need to. Certainly wouldn't need all the hassle of merchandising and advertising and initial business and technical setup and on-going support and admin in running it.

And others might resonate with TV's stated aims of "I’m doing this out of a sense of “enjoyment” and “pride of work product”. ", but ask themselves, why not just go ahead and set up the website?

Others with less a less open-minded outlook may think TV is just after a bit of attention.

But let me say, I think once TV has posted say, oh I don't know, 10 signals ahead of time on the EUR/USD and given every one of these doubting Thomas' a chance to verify his system for themselves, they'll all be very quiet (and PMing him like crazy!).

TV's got nothing to lose doing this (why would he care?) and he'd certainly establish far more quickly and comprehensively the level of interest from members of this site.

 

[FetteredChinos]

venom, and bile. spite and hate.


ho ho ho, santa is bringing you a lump of coal this year..