any1 has any idea where that mentor of ours is?? i havent heard from him since a long time.. i have so many questions for him.. any ideas guys??
BECAUSE I CAN !
Dislikedcool im there now.. but theres this post of his which says hes moving back to this forum.. im confused.. and also.. if i post to him there.. will he rpely back?? thanx a lot bud :0Ignored
DislikedYes I just read it also, but anyway even this new forum will be left and return back to this forex factory, you can get the original documents that he posted so you will get his original idea at least. I feel more comfortable there in term of structured material organization forum and save our time. enjoyIgnored
DislikedJust a point of clarification for those who joined us later:
Mouteki first introduced his method here at FF in the main forum. Then for the sake of organisation, he moved to proboards. Subsequently, he reached an agreement with Merlin and he moved back here to a niche forum specially created for him.
So until he changes his mind, proboards is no more and this is where one should look for Mouteki-related information.
PS.: You can always try to bombard his email if you want.Ignored
You can go to Mouteki's new home at the following address: http://www.moutekitrader.proboards84.com/, please create your new account there, I 've just join with them. I think you can get all you need, Hope will help you.Ignored
YasirYar....here is an idea..as there are many here learning the system and testing it...why dont you open a Journal and post charts of those 6 losing trades and ask for comments ......you dont really need to chat to Mouteki for something as simple as that....
Oh...and if you can post them using the .png file format...its about half the size of a .jpg file and keeps the color better....thats just a suggestion to keep loading of the thread a bit quicker..Ignored
Disliked1. EVERY method has its drawdowns. 6 losers in a row isn't the biggest drawdown I've heard of. There are methods (and profitable ones!) where your prediction is only correct 15% of the time. This game is about NAV (net added value) and risk/benefit and NOT about being right. If we wanna be right at all costs, we should get out of speculative markets and join a debate team somewhere.
2. 6 losers in a row will happen in every system. Statistically speaking, every system WILL fail, it's just a question of when. Might be this week, might be in 1000 years. That's the element of luck. As long as you use a method where the odds are on your side, your chances of going broke are slim. But they are still there.
3. Mouteki didn't invent this method. This method has been around for many years and is probably the oldest trick in the book. What he DID do is lay it out to us in black and white along with his suggestions, experiences, modifications, clarifications, fine-tuning etc etc etc....and for that we should be thankful.
p.s....was 3 pips really, wasn't itIgnored
Dislikedvery well said.. yeap its all true.. and one of theproblems was that.. i traded currencies which were correlated to each other.. and that too on thursday night.. i placed a bigger stop accounting for the number week it was.. but i guesss the stop wasnt big enough.. anyhoo thanx for the commentsIgnored
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