Why Top Retail traders V Commercial Traders

[random12345]

Total more rubbish from you

1. You know the how the Sharpe Ratio would appear on those account

2. Calling the woman Chubby and Ernst Young - no good ?

What steps will you go to with your tongue to try and make your argument hold fire

Shakone think's I am losing it - My god - what a joke !!!!!

Haha I gave you plenty to spin away from the argument here - i.e. your untruthful claims and boy did you jump on it.

Anyway, here you go:

What? How do you calc the Sharpe Ratio with just a return % exactly? Is that how you did yours? Are you confused still?

She is chubby. So what?

EY are the fourth of the big four by revenue in the UK and some distance at that, so I have enjoyed mentioning this discrepancy in the past. You don't mind me doing it again do you? Note this - PwC (where I used to work) audit online casinos fairness despite them being an absolute joke. They do this through their South African network to mitigate risk. So long as you pay the right fee and your T&Cs are suitably wide then you can get anything signed off by some advisory partner. But exactly where did posting these banal online 'contests' prove that you haven't been lying about your returns or volatility and where did they prove that these people are making real money live this way?

To be honest friend, I've been massively polite to you considering everything.

 

[random12345]

Hi LV

Its fairly obvious two members want me off here and will do their upmost to try and wind me up and give me as much grieve as possible.

Hmm my PMs would suggest it's a lot more than two, but they're too polite to publicly berate you. Shakone and I are knowingly getting into a pointless slanging contest with someone not worth the time and they are intelligent enough to avoid this.

Will they be able to keep it up for 3 - 6 months or so - I don't know

Of course not, I don't have your stamina for forums and nor do I have the amount of time on my hands that you do.

MM as been showing his account ( although demo) on many of the trades we have been taking in the room - with some fairly great results when he's been in his zone and following my methods. i am amazed they have not attacked him as well as originally all and sundry thought we were the same guy - yet again wrong

He has humility. He has never attempted to claim returning cash on a demo account means he knows what he's talking about with "retail v commercial".

The next problem is as soon as I go away for a week or so - they will say i have quit. ;-)

Please don't tease me.

 

[Forexmospherian]

To be honest friend, I've been massively polite to you considering everything.

Likewise - please go back to your lying deceitful commercial world - and don't your algo's tell you what trades you might be in this week then ??

 

[Forexmospherian]

I am sorry to say this DJ - that its so bloody obvious you have not followed my threads over three of four hours or ideally a few days.

I will challenge any one of you to come on my thread and make more or better live calls - ie 1 min or 10 mins or even 15 mins in some cases ahead of entry - short term intraday trades between 7 and 25 pips on any forex pairs with 5 pip stops

Not just once - or five time - how about 20 or 50 times over a few days ?

Remember I only trade in the " now" - I am not a fortune teller ;-)

I have nothing to prove. REPEAT NOTHING TO PROVE

You are all the ones to have to prove they can trade forex intraday better than me in a thread - and if you can that's great - shows you must be really good ;-)

I am really pleased this is coming to a head - as I reckon from what I have seen of the so called other live threads here - the only guys who might be challenging me are already following the thread properly.

Just out of interest - how many who are moaning have actually taken part in a live trading contest in the last 5 years???.

Now - back to the key point - the crux

Who does not think you can do 30 to 50% per month increase on a retail forex account on an ongoing basis ?

If you don't believe its possible - say it openly and with your reasons why ?

Got a film and footie to watch later - this is getting boring now guys

You are all welcome on my thread this week - and you will certainly be in the "spotlight"

See you there

Regards

F

This post from nearly three hours ago seems to have gone down well lol.

Yes we now fully well know both Random and Shakone think it impossible on the 30 - 50% bit on retail forex trading ongoing - I also think it would be extremely difficult if you bought in continual compounding or tried it with accounts over £100k+ - after all you all know when I hit my wall ;-)

Still - I know for sure i am not the only retailer who has found a way to do it

Have a great week

I will ;-)

Regards

F

 

[random12345]

Likewise - please go back to your lying deceitful commercial world

Ooh that's nasty.

- and don't your algo's tell you what trades you might be in this week then ??

FYI, no they don't. Doesn't your statement history tell you what trades you DID take and thus allow you to calc your annual return and standard deviation? If not I suggest you get onto FXpro and let them know they are not fulfilling a regulatory requirement. Then again their main body is regulated by CySEC

Anyway, you can use that knowledge next time you try to claim to fully understand how the commercial world functions. Something which could only have ended in disaster for someone who has zero knowledge of it.

How is the CTA? How are the Inland Revenue? The Bank of Canada trader who trades fx spot for profit? And finally, what is your Sharpe ratio? Funny how the first actual figure we got from you about anything at all in 3.5k posts turned out to be crap. Wonder why?

G'night! From Monday afternoon I'll be away for a number of days and I'll miss you greatly. xoxo (you watch Gossip Girl right?)

 

[random12345]

This post from nearly three hours ago seems to have gone down well lol

It was all trivial bollox in an attempt to deflect your failure to produce anything concrete in this thread. While we give you figures, statements etc, you provide nothing in return except a crackpot call thread to waste daylight hours in. I can't reply to every single one of your messages, look at your post count, you're Mumsnet all to yourself.

 

[mike.]

I doubt you two will ever become close friends,


Just sayin like...

 

[Forexmospherian]

Anyway, you can use that knowledge next time you try to claim to fully understand how the commercial world functions.)

i know exactly how the forex commercial world works - it cheats - misinforms and hates being challenged in any way - and here's you saying certain top Accountancy firms will sign off most stuff through one of their foreign divisions .

It really is the pot calling the kettle here

PS - For the 100th time the Sharpe ratio is crap on retail currency accounts - and i am sure you do know that

You have a good week - i will miss you ;-)

Regards

F

 

[Shakone]

i know exactly how the forex commercial world works - it cheats - misinforms and hates being challenged in any way - and here's you saying certain top Accountancy firms will sign off most stuff through one of their foreign divisions .

It really is the pot calling the kettle here

PS - For the 100th time the Sharpe ratio is crap on retail currency accounts - and i am sure you do know that

You have a good week - i will miss you ;-)

Regards

F

Crap in what way? Be specific. What part of a mathematical formula that applies to numbers, suddenly crumbles because we're putting in numbers that relate to a retail forex account? Why should the formula care where the numbers came from? Are you suggesting the Sharpe ratio is a sentient being which works for some numbers but decides to stop working when it's your account?

 

[robster970]

I doubt you two will ever become close friends,


Just sayin like...

I'm not sure Mike, I think it's white hot sexual tension that is fueling this disagreement. These guys need to get a room.....phew :whistling

 

[random12345]

i know exactly how the forex commercial world works - it cheats - misinforms and hates being challenged in any way - and here's you saying certain top Accountancy firms will sign off most stuff through one of their foreign divisions .

It really is the pot calling the kettle here

PS - For the 100th time the Sharpe ratio is crap on retail currency accounts - and i am sure you do know that

You have a good week - i will miss you ;-)

Regards

F

One more before I go to bed!

On the contrary I saw no dishonest behaviour when I worked in IB yet saw plenty of extremely dubious claims in accountancy (outrageous transfer pricing arrangements, dual resident agreements for Dubai, claiming NI's back when they fell between the UK & US difference in statue of limitations), a supposedly more respectable profession. Again one you seem to have limited knowledge of despite your claims you're an accountant of sorts in your previous thread? You used it to enforce your mathematical prowess, which I found absolutely comical.

As I've said literally over a hundred times before on this thread, a Sharpe ratio is commonly used to measure the quality of all accounts, retail and otherwise so long as the return is known, absolute and percentage wise. You have attempted to muddy its use because you have constantly shown again and again you don't understand the mathematics and are trying to obfuscate your returns and volatility for some end that only you know about. Either you're mad, confused or an outright liar.

 

[random12345]

I'm not sure Mike, I think it's white hot sexual tension that is fueling this disagreement. These guys need to get a room.....phew :whistling

Rob, if you read the thread, you'll see that I already f**ked him.

 

[random12345]

Crap in what way? Be specific. What part of a mathematical formula that applies to numbers, suddenly crumbles because we're putting in numbers that relate to a retail forex account? Why should the formula care where the numbers came from? Are you suggesting the Sharpe ratio is a sentient being which works for some numbers but decides to stop working when it's your account?

Look Shakone, pal, if that's even your real name, I make 50% a month k? I don't need your commercial shenanigans and numbers to try and make me look foolish. They cheat and lie and manipulate and this is just one way they do it. I'm sure you know the Sharpe doesn't apply and to prove this I will provide absolutely no informed version of my side of the debate.

Instead I shall find some new obscure tangent to shift the discussion to because I feel uncomfortable, but still think in some bizarre way that I know it all and will say I do. I know it all because it's all one big stop hunt bankrolled by the Rothschilds. How about you stop making yourself look silly, again, k, lol??


<<Reply done to save FXmo the time while he makes mad pips tomorrow morning. MAD PIPS.>>

 

[Forexmospherian]

Crap in what way? Be specific. What part of a mathematical formula that applies to numbers, suddenly crumbles because we're putting in numbers that relate to a retail forex account? Why should the formula care where the numbers came from? Are you suggesting the Sharpe ratio is a sentient being which works for some numbers but decides to stop working when it's your account?

Morning Shakone

I will answer you correctly and professionally as i think your agenda is different to your mate's

Mathematical formulae can suffer with many anomalies and this particular ratio is well skewed simply because it was designed approx half a century ago for stock investments.

Its back to comparing Jessie Livermore's trading ideas with HFT -

A "one size fit" all ratio just simply does not work - and if you don't believe me check out on google all the critics who show its weaknesses.

Its like using "one size" fitness ratio to compare all sports people - ie like a body fat ratio for Mo Farah and then saying a top Rugby International cannot be any good at all as he his far too fat compared to Mo ;-)

Random even gave himself away with the mistakes he made on the calculations and then trying to say it must be down to the SD etc etc.

I really don't want to take 2 hrs pulling the ratio apart - and will not be doing it.

Whether my ratio is 1.64 or 2.2 or even 5 - it's totally irrelevant as far as I am concerned - and yes - i do disagree with the bodies who would only use it in isolation

Have a good week

Regards

F

 

[Forexmospherian]

LV - good post.
The problem for Forexmospherian is it would show he can't trade.

Please join me any day DJ for 2 to 4 hrs - so I can show you

In fact you can even join in on my calls and say when they are wrong if you want ;-)

Have a great week DJ

I know I will - and will be profitable - will you ???

Regards

F

 

[Forexmospherian]

You're are quite right - I can't be bothered to waste my time reading most of the garbage you post. However, it's abundantly clear that you don't understand basic principles of trading & finance, and its rather pathetic that you persist in trying to lead others into believing your nonsense.

Yes, I did not achieve a consistent compounded growth rate of 50% pcm on my trading account in 2013. I'm also not aware of any other professional trader who did - perhaps we all need to spend more time on your thread eh?

Right, coffee break over, need to get back to work...

DJ - you cannot even read by the look of it

What I have highlighted is totally incorrect

I do not compound - repeat i do not compound


I have been saying that since day one - as my psychological financial wall ws hit at approx 20 -22 lots on my own funds - and I then knew from then back in 2008/9 - I would be wasting my time trying to take a then £150-170k account up to a half a million plus

I therefore just do not compound - but instead withdraw profits regularly.

This is the whole problem in the forum - members do not read and take in all the facts - they "cherry pick" what they want to hear and then distort it

You are totally Out of Order DJ - stick to what I have said - don't twist things and if Random and Shakone are your "gods" no problem - but just dont be "sheeple traffic " trying to join in on the back of others

Do you understand that - or not ???

Have a good week

Regards

F

PS - when are you coming to join me in the other thread ?

 

[NVP]

Hey all

Well 2014 looks like its started where 2013 ended on this thread

this thread is running the same way most do when a new gunslinger arrives in town

I make money trading and I do it like this

oh no you dont

oh yes I do

prove it

shant and dont need to

prove it of go away

ok how do you want me to prove it ?

[add formula requested here]

that formula is irrelevent - shant !

oh no its not

oh yes it is

ad infinitum ..........


forexperian.....dont waste time on a Demo as you will not then be trading live .........which is what you do so why change for us .....just copy some daily or weekly trades/statements and show them here suitably covered in the appropriate places ..........

anyone who believes will take a look and anyone who doesnt will commence the pantomime sketch again above

eveyones time is being wasted here at the moment

N

 

[sonofcablemonster]

haters gunna hate. lmto

 

[Forexmospherian]

Hey all

Well 2014 looks like its started where 2013 ended on this thread

this thread is running the same way most do when a new gunslinger arrives in town

I make money trading and I do it like this

oh no you dont

oh yes I do

prove it

shant and dont need to

prove it of go away

ok how do you want me to prove it ?

[add formula requested here]

that formula is irrelevent - shant !

oh no its not

oh yes it is

ad infinitum ..........


forexperian.....dont waste time on a Demo as you will not then be trading live .........which is what you do so why change for us .....just copy some daily or weekly trades/statements and show them here suitably covered in the appropriate places ..........

anyone who believes will take a look and anyone who doesnt will commence the pantomime sketch again above

eveyones time is being wasted here at the moment

N

Hi N

Totally agree.

I had no intentions of going to a demo - I only test a new platform with some demo trades - just to see what tricks the brokers might be doing before i go with a live account.

I had intended this month to take a $100 live account up say 5000% + within one hundred trades and a weeks or so.

Unfortunately, thats seems "old hat" now - especially after LV provided the info on the German trader who took a very small account up over 22,000% in a few months.

I wonder what his Sharpe Ratios looked like ( lol)

Info provided by Iron FX and verifed by accountants Ernst & Young is not valid for Random - because - as you know they are only what fifth in line in World Rating - so obviously no good and he don't belief what the "chubby" woman as done - even if she also won $100k of cash for her efforts as well for coming top in the live trading contest.;-)

I have nothing at all to be concerned off - and can you tell I am really bothered by this lot ?

Always keep you trump card to the end ;-)

I totally agree with the forum - that any vendor selling courses and dvd's etc etc and claiming high results - like Phil Newtons 25k pips in 2012 needs to verify it by his trading account.

The fact that I am NOT selling anything - whether I earn 2 p per annum or 2 million is therefore of no importance - other than satisfying and other "nosey" or inquisitive members.

Saying that - i don't think it would anyway - Phil Newton posted his results with explanations etc - and still no body believes him - i think they do - but are trying to make 25k pips result into $250k - which of course he has not claimed.

The latest "hater" is now saying you cannot do compounded 30 -50% monthly results ongoing.. Now i have been repeating my claims for 2 months and have said I do not compound - NOT COMPOUND - see how things just get changed when you have a few intent on "dissing you".

What I cannot understand according to Random on his CV he had 4 years in the army. I know coming from a family military background he should have had the "chips" taken off his shoulder ages ago - but N0 he's still got them in a big way.

I actually admire T2w for allowing this argument to go on. I am sure neither of us have overstepped the mark - and its providing good entertainment for the rest of the members - even though it wasting all our times.

I have achieved my key objectives - ie winding up a few commercial guys and hearing some interesting info off them - this thread really is now dead and over.

They have their opinion and nothing will change it

That's life - meanwhile for me back to making 30 -50% per month on a $75k account - but don't worry on smaller capital accounts you can do that weekly - as long as you don't think you can compound it all the way up into the millions - it does not quite work like that in the real world ;-)

Have a good week

Regards

F

 

[Forexmospherian]

To be fair, you didn't say you compounded, and thx for the invite to your thread, but I think I'll pass
My trade statement for today is attached, look forward to seeing yours...

No Problem DJ

Unfortunately - unless it can be verified by KPMG or PWC - and nobody else - it could just be totally false ;-)

My ..... am I learning off this Random guy lol

No - WD to you - but is that just an account you have started - as stakes and profits are very low - but glad you multi trade and if you keep that up with small stops - you will be doing 30 -50% per month no problem on retail size accounts

Have a good week

Regards

F