Trading Made Simple | Page 3582 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #71,621
  • Oct 3, 2016 3:43am Oct 3, 2016 3:43am
Quoting muyir
{quote} Very inspirable, thanks for this sharing

the Japanese has a saying: "To see farther, you need to go higher"

Attached Image


I keep reading names being repeated over and over again in this thread of master traders, great traders, super traders, etc. but I have not seen a single trade account equity chart of these well known pseudo names.
what I witnessed is charts posted of winning trades including fake charts with markup trades done in hindsight after the fact.

When you learn from the best, your learning will be accelerated. When you do make it, it is you own effort. I learned from the best traders from different parts of the world. I did the hard work, it has paid off. I will continue to work hard and also share what I learned.

Let's climb higher and see farther beyond TMS.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,622
  • Oct 3, 2016 3:50am Oct 3, 2016 3:50am
Quoting emmanuel7788
{quote} the Japanese has a saying: "To see farther, you need to go higher" {image} I keep reading names being repeated over and over again in this thread of master traders, great traders, super traders, etc. but I have not seen a single trade account equity chart of these well known pseudo names. what I witnessed is charts posted of winning trades including fake charts with markup trades done in hindsight after the fact. When you learn from the best, your learning will be accelerated. When you do make it, it is you own effort. I learned from the...
I know I might be out of line here but I have not seen an equity chart from anyone on this thread. I have seen balances but that is not the same thing, as tekkie showed the other day there can be huge floating losses that are not seen.
Success means going from failure to failure without loss of enthusiasm
  • #71,623
  • Oct 3, 2016 4:13am Oct 3, 2016 4:13am
Quoting lisat
{quote}I know I might be out of line here but I have not seen an equity chart from anyone on this thread. I have seen balances but that is not the same thing, as tekkie showed the other day there can be huge floating losses that are not seen.
good 4 u lisat - u r not out of line ...... wat Tekkies showed is its easy 2 carry a float'n loss on a winning balance were the DD is not calculated from the float'n loss meaning the account could easy go bust but the balance DD is like 2% ....... look @ this post by Lastingwell & u might find someting interest'n ........... http://www.forexfactory.com/showthre...58#post8844858

i should tell ya <- Lastingwell was a expert trader that use 2 work in the pit <- she knew her stuff
  • #71,624
  • Oct 3, 2016 4:21am Oct 3, 2016 4:21am
Quoting lisat
{quote}I know I might be out of line here but I have not seen an equity chart from anyone on this thread. I have seen balances but that is not the same thing, as tekkie showed the other day there can be huge floating losses that are not seen.

Lisa,

you are not out of line.
I think that is fair point you made.
the problem here is even a so-called respected master trader or expert trader like lastingwell who worked in a bucket shop in those days did not understand MT4 accounting system and how the data were used in calculation.
http://www.forexfactory.com/showthre...88#post8844888

the next thing some people will say, all those MT4 reports can be fake.
some believe in TE, others believe TE can also be fake by photoshop.
some will say : "when it is too good to be true, it is usually so".
you just can't please them all especially those who are filled with jeaslousy, anger and hate in their heart.
the pain in losing someone dear to them is tool great.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,625
  • Oct 3, 2016 4:29am Oct 3, 2016 4:29am
Quoting emmanuel7788
{quote} Lisa, you are not out of line. I think that is fair point you made. the problem here is even a so-called respected master trader or expert trader like lastingwell who worked in a bucket shop in those days did not understand MT4 accounting system and how the data were used in calculation. http://www.forexfactory.com/showthre...88#post8844888 the next thing some people will say, all those MT4 reports can be fake. some believe in TE, others believe TE can also be fake by photoshop. some will say : "when it is too good...
The problem I have is that not showing the floating p/l - in tekkies example he has a balance according to his image of 11,054 approximately with a floating profit/loss of $2,860.34 which is actually a drawdown of 25% yet in the lower half of the report it is showing 15.01% so is obviously not showing equity drawdown but balance. That could mean just the lower half of the report can look extremely good but the actual account could be in big trouble. As long as he hedges his account and just closes profitable trades he will look like an exceptional trader.
Success means going from failure to failure without loss of enthusiasm
  • #71,626
  • Oct 3, 2016 4:30am Oct 3, 2016 4:30am
Quoting lisat
{quote}I know I might be out of line here but I have not seen an equity chart from anyone on this thread. I have seen balances but that is not the same thing, as tekkie showed the other day there can be huge floating losses that are not seen.
lisat - any1 wanting 2 prove the r a consistent trader can link there TE on FF or myfxbook - for examples - this is simple 2 do - unless u can manipulate the broker data [or u r the broker ] it would b difficult 2 fake
  • #71,627
  • Oct 3, 2016 4:35am Oct 3, 2016 4:35am
Quoting griffinssoul
{quote} lisat - any1 wanting 2 prove the r a consistent trader can link there TE on FF or myfxbook - for examples - this is simple 2 do - unless u can manipulate the broker data [or u r the broker ] it would b difficult 2 fake
I agree that is the only sure way and as data can be hidden that you do not want shown is no less private, just a sure way that someone knows what they are doing - or not as the case may be.
Success means going from failure to failure without loss of enthusiasm
  • #71,628
  • Oct 3, 2016 4:38am Oct 3, 2016 4:38am
Quoting lisat
{quote}I agree that is the only sure way and as data can be hidden that you do not want shown is no less private, just a sure way that someone knows what they are doing - or not as the case may be.
i wouldnt trust any1 ....... thats the best way 2 be safe ....... espectially if they out of there way 2 'prove' a point without doing the obvious
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 34 KB
  • #71,629
  • Oct 3, 2016 4:39am Oct 3, 2016 4:39am
People do fake their trading results. That is sick and no one benefit from it or is it to get a egoistic satisfaction high to see name in print on a web page or trying to get a red flag. Dishonest never does pay in the end. Someday the fraudster is going to slip an a banana peel. As a newbie I got suckered into following one or two traders here on FF. They did more harm then they ever could imagined.

Lisa if I post my equity chart I will be banned from FF because it is one hack of a sad story. (those blooming losing trades)
  • #71,630
  • Oct 3, 2016 4:40am Oct 3, 2016 4:40am
Quoting lisat
{quote}I agree that is the only sure way and as data can be hidden that you do not want shown is no less private, just a sure way that someone knows what they are doing - or not as the case may be.
can also get 2 the heart of the trade'n method if u can look @ TE stats <- it can tell u how big the real DD is & if u want 2 trade that way
  • #71,631
  • Oct 3, 2016 4:42am Oct 3, 2016 4:42am
Quoting Tekkies
People do fake their trading results. That is sick and no one benefit from it or is it to get a egoistic satisfaction high to see name in print on a web page or trying to get a red flag. Dishonest never does pay in the end. Someday the fraudster is going to slip an a banana peel. As a newbie I got suckered into following one or two traders here on FF. They did more harm then they ever could imagined. Lisa if I post my equity chart I will be banned from FF because it is one hack of a sad story. (those blooming losing trades)
hey Tekkies - if any1 tells u they r consistent trader & only show u the MT4 results it means noting at all ........ proves noting
  • #71,632
  • Oct 3, 2016 4:46am Oct 3, 2016 4:46am
Quoting lisat
{quote}The problem I have is that not showing the floating p/l - in tekkies example he has a balance according to his image of 11,054 approximately with a floating profit/loss of $2,860.34 which is actually a drawdown of 25% yet in the lower half of the report it is showing 15.01% so is obviously not showing equity drawdown but balance. That could mean just the lower half of the report can look extremely good but the actual account could be in big trouble. As long as he hedges his account and just closes profitable trades he will look like an exceptional...

that is not a problem.
it depends on what you want to see and to know.
there is risk of people being dishonest when they 'blank out certain part of their MT4 accounting report.
but when I read their post, I trust what they say and they show on their MT4 account summary report for example some only want to show their win rates and not their account size data etc.
I am okay with that.
If you want to know full details of any one posting their MT4 account report, you can always PM and ask that person.

next thing is people always want TE or myfxbook.
but then there are some who believe both TE and myfxbook can be fake even when they a live linked.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,633
  • Edited 5:18am Oct 3, 2016 4:48am | Edited 5:18am
Quoting griffinssoul
{quote}
Emm: "When do you know when you have the winning edge in this forex trading business? "
It might just be this guy ( the road to the holy grail)

Emm / Griffin thanks for links about SL. Got a lot of metal rethinking to do. Could have afforded a shrink if those blooming losing trade did not taken the demo money.

Lisa I have opened the trade explorer. Pop over to it had have a peek. Did not close the losing trades and they are still getting bigger and bigger.

EURGBP. The reason why this trade have not been close is that it is just below a support level on MN, W1, D1. It is crossing support now on H4, breaking through that support is going to call a margin call for it will not come down soon. If support hold and the trade bonus down then it is going to fall down hard and fast. Stoch is way above level 100 and bumping it for the last 4*H4. It is also in a uptrend for the last 19 days. I think the bull is getting tired now and the bears are going to mop the floor with them. Coming Friday is USA Unemployment Rate and Nonfarm Payrolls and they for sure know how to tumble a chart
  • #71,634
  • Oct 3, 2016 4:50am Oct 3, 2016 4:50am
Quoting Tekkies
{quote} Emm: "When do you know when you have the winning edge in this forex trading business? " It might just be this guy ( the roade to the holy grail)
...... here is my 'secret' 2 fx ...... .........
  • #71,635
  • Oct 3, 2016 4:50am Oct 3, 2016 4:50am
Quoting Tekkies
People do fake their trading results. That is sick and no one benefit from it or is it to get a egoistic satisfaction high to see name in print on a web page or trying to get a red flag. Dishonest never does pay in the end. Someday the fraudster is going to slip an a banana peel. As a newbie I got suckered into following one or two traders here on FF. They did more harm then they ever could imagined. Lisa if I post my equity chart I will be banned from FF because it is one hack of a sad story. (those blooming losing trades)
very true Tekkies,
well know names in this thread actually posted fake trades but not mt4 account summary.
this is what happens in public forum.
they only hurt themselves becasue they don;t make real money faking trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,636
  • Oct 3, 2016 4:50am Oct 3, 2016 4:50am
Quoting lisat
{quote}I know I might be out of line here but I have not seen an equity chart from anyone on this thread. I have seen balances but that is not the same thing, as tekkie showed the other day there can be huge floating losses that are not seen.

No, you're not out of line at all. Look, these balance charts that some are apt to keep on posting every month in order to show some sort of success, fail on several fronts. For example, who's balance chart is it? There is no validation to prove that. Also, is the balance a demo account or a real account? Again, there's no validation to show that. Further, it's not that hard to leech othe peoples trades from their Trade Explorers via a script (post 2,366) and import them into your own demo account in order to produce an impressive looking balance. It's a complete con job!!

But, to authenticate a claim, especially where balance and trading acumen is concerned, is extremely easy...it's just a matter of a few clicks, right here on ForexFactory. It's called a 'Trade Explorer.'

When someone keeps on posting these alleged 'equity curves' for months on end, complete with alleged balance of funds etc etc, what possible reason could there be to NOT show a Trade Explorer?? It can't be because that person is shy to show his financial situation, because he's showing that in his alleged equity curve chart.

So, what reason is there to NOT show a Trade Explorer and thereby bring a little authenticity to the thread?

I'll leave you to decide that.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #71,637
  • Oct 3, 2016 4:54am Oct 3, 2016 4:54am
Quoting Tekkies
{quote} Emm: "When do you know when you have the winning edge in this forex trading business? " It might just be this guy ( the roade to the holy grail)
that's very simple.
that person himself will know when he has the WINNING EDGE.
someone did ask Warren Buffet in an interview and did you read what was his answer.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,638
  • Oct 3, 2016 4:54am Oct 3, 2016 4:54am
Quoting realjumper
{quote} No, you're not out of line at all. Look, these balance charts that some are apt to keep on posting every month in order to show some sort of success, fail on several fronts. For example, who's balance chart is it? There is no validation to prove that. Also, is the balance a demo account or a real account? Again, there's no validation to show that. Further, it's not that hard to leech othe peoples trades from their Trade Explorers via a script (post 2,366) and import...
brilliant post RJ
  • #71,639
  • Oct 3, 2016 4:59am Oct 3, 2016 4:59am
Quoting realjumper
{quote} No, you're not out of line at all. Look, these balance charts that some are apt to keep on posting every month in order to show some sort of success, fail on several fronts. For example, who's balance chart is it? There is no validation to prove that. Also, is the balance a demo account or a real account? Again, there's no validation to show that. Further, it's not that hard to leech othe peoples trades from their Trade Explorers via a script (post 2,366) and import...

You are right too and I agree. TE is very good to show authencity. But then, some people believe TE is only for themselves and their family members.

I knew you would show up. It just a matter of time all the Emmanuel haters will show up.
Too bad Bizzzle got caught by FF admin as additional username or else he will also show up earlier.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,640
  • Oct 3, 2016 5:12am Oct 3, 2016 5:12am
Quoting emmanuel7788
{quote} You are right too and I agree. TE is very good to show authencity. But then, some people believe TE is only for themselves and their family members. I knew you would show up. It just a matter of time all the Emmanuel haters will show up. Too bad Bizzzle got caught by FF admin as additional username or else he will also show up earlier.

You're quite right....in my case I do believe that my account details are for only my family. But I never once, EVER, posted an alleged equity curve. Therefore I have no reason to post a TE to authenticate an alleged equity curve.

I'm not an Emmanuel hater.....you have that quite wrong, I hate all cheats. However, you have gone against the written wishes of Eric in this thread, and you have attacked every other senior member who has posted here, with your condescending remarks and arrogant attiude. It's plain to see, no other senior member posts here until recently. Lastingwell tried, but you did the same to her so she started her own thread. It's well known that you hate senior members posting here because they steal *your* spotlight.....people just have to read back and see that for themselves....in fact your doing it right now to griffinssoul!

I know that snarlyjack was stealing *your* spotlight too...gosh...I wonder who 'dropped the dime' on him?
Doing what you like is Freedom. Liking what you do is Happiness.
229 traders viewing now