Who was that geyser.....

China Diapers

Established member
536 35
with the looney tunes martian (marvin martian?) as his avatar, neutron or newton or something, used to post here.

I can't post in the general forum for some reason so posted here.

Much obliged.
 

the hare

Senior member
2,949 1,283
You mean neutron bomb ? (I'll probably get my phone tapped by MI6, or shot on the tube for using the word bomb as some poor sod from security services scans this afternoon t'internet traffic and flags me as a terrorist threat)

Otherwise known as Phil "35,000 pips a year" Newton ?

Is that the geyser you meant ?
 

China Diapers

Established member
536 35
You mean neutron bomb ? (I'll probably get my phone tapped by MI6, or shot on the tube for using the word bomb as some poor sod from security services scans this afternoon t'internet traffic and flags me as a terrorist threat)

Otherwise known as Phil "35,000 pips a year" Newton ?

Is that the geyser you meant ?

Haha, yes that's the geyser.

Oh jeez I didn't realise he was pulling in 35,000 pips. I seem to remember he had an interesting thread on breakout ideas but will take it with a pinch of salt now :)

Thanks
 

the hare

Senior member
2,949 1,283
Haha, yes that's the geyser.

Oh jeez I didn't realise he was pulling in 35,000 pips. I seem to remember he had an interesting thread on breakout ideas but will take it with a pinch of salt now :)

Thanks

To be honest, the 35,000 pips thing isn't as ridiculous as it sounds.

A) he trades about 10 pairs, so divide by 10
B) IIRC he trades multiple positions with 3 exits, and sums the total from each individual position, so +50, +100 and +150 get reported as +300 ( to be fair he handles losses the same, but it does tend to overstate performance to his target market)
 

China Diapers

Established member
536 35
To be honest, the 35,000 pips thing isn't as ridiculous as it sounds.

A) he trades about 10 pairs, so divide by 10
B) IIRC he trades multiple positions with 3 exits, and sums the total from each individual position, so +50, +100 and +150 get reported as +300 ( to be fair he handles losses the same, but it does tend to overstate performance to his target market)

Well that's alright then
 

the hare

Senior member
2,949 1,283
Well that's alright then

Just checked his website, it was 25,000 pips, last year. To his credit, he is quite transparent about how he accounts for gains and losses.

I don't think his returns are unrealistic, having said that I do have serious concerns regarding his weekly PnL charts, they look a little too good to be true with only 12 losing weeks over the year, and no losing months. If those are realistic he's amongst the best that I've ever seen.

I can't understand why he'd bother with the vendoring gig
 
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China Diapers

Established member
536 35
Just checked his website, it was 25,000 pips, last year. To his credit, he is quite transparent about how he accounts for gains and losses.

I don't think his returns are unrealistic, having said that I do have serious concerns regarding his weekly PnL charts, they look a little too good to be true with only 12 losing weeks over the year, and no losing months. If those are realistic he's amongst the best that I've ever seen.

I can't understand why he'd bother with the vendoring gig

Well I am interested in higher time frames so if I was to adapt his method his returns wouldn't be relevant anyway and I am not looking to make use of his services.

I see you are in Malta, I am there in June for a holiday, is Paradise Exiles still a going concern?
 
 
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