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I want a losing system

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  • Post #1
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  • First Post: Jul 3, 2007 5:27pm Jul 3, 2007 5:27pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Does anyone have a copper bottomed losing system? I am looking for a system that can guarantee losses 75% time. I have heard claims that Newbies lose their accounts within months. I want to know how to do this every time.
  • Post #2
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  • Jul 3, 2007 5:28pm Jul 3, 2007 5:28pm
  •  imbiber
  • | Joined Jun 2006 | Status: Member | 412 Posts
Short GBP/JPY at market price without a stop.
 
1
  • Post #3
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  • Jul 3, 2007 5:32pm Jul 3, 2007 5:32pm
  •  cesarnc
  • Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,663 Posts
Quoting imbiber
Disliked
Short GBP/JPY at market price without a stop.
Ignored
Feeling bored?
 
 
  • Post #4
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  • Jul 3, 2007 5:36pm Jul 3, 2007 5:36pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting imbiber
Disliked
Short GBP/JPY at market price without a stop.
Ignored
That sounds good. I will get charged swap but are you confident that it will go long?
 
 
  • Post #5
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  • Jul 3, 2007 5:42pm Jul 3, 2007 5:42pm
  •  KudzuFX
  • | Joined Jul 2006 | Status: Member | 547 Posts
To find a losing system just flip a coin. It does not matter whether you choose heads or tails. In this case, either heads or tails you lose.

It works (or doesn't work depending on your perspective) every time. How soon you lose your account is up to you.


Another losing system is to make the next trade with the largest amount of lots possible. This is a pretty reliable loser too. How soon will you lose your account in this case? Maybe tomorrow.


Seriously, to find a losing system and do the opposite is easy, but not profitable either. Have you ever asked yourself why newbies lose? (hint: get a mirror and stare at it till the answer comes to you)
 
1
  • Post #6
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  • Jul 3, 2007 5:42pm Jul 3, 2007 5:42pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting cesarnc
Disliked
Feeling bored?
Ignored
Yeah - looking for a new challenge, can you help?
 
 
  • Post #7
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  • Jul 3, 2007 5:46pm Jul 3, 2007 5:46pm
  •  MrFuture
  • | Joined Aug 2006 | Status: Member | 436 Posts
Quoting Duncan
Disliked
Does anyone have a copper bottomed losing system? I am looking for a system that can guarantee losses 75% time. I have heard claims that Newbies lose their accounts within months. I want to know how to do this every time.
Ignored
LOL, I know what you mean. Give me a loser system and by doing the opposite I'll make it a winner, right ?

Thing is, nobody follows systems word by word, 'cause emotions start to come into play, therefore we are able to turn a losing system into a losing system even when we do the opposite

I know it sucks....I know that in the long run the SRDC 1 will become a loser when you place a 10 pip target and a 50 SL. Problem is, your account has to big enough to survive the 10 to 20 times it does hit the 10 pip target (in the "reverse version" 10 pip would be SL and 50 or less could be our profit).

But I honestly think it can be achieved, also because most of the times, when SRDC 1 is played in its original way, before reaching your target it goes against you 10-20 pips easily...so imagine if that was you actual profit and not your SL....

That's what I am planning to experiment for the following months, 'cause I did SRDC1 in the original way and in the long run the day it goes against you you end up losing your profits and more.....so by reversing it it should bring you profits.....
"Lunch ? Lunch Is For Wimps !"
 
 
  • Post #8
  • Quote
  • Jul 3, 2007 5:48pm Jul 3, 2007 5:48pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting KudzuFX
Disliked
To find a losing system just flip a coin. It does not matter whether you choose heads or tails. In this case, either heads or tails you lose.

It works (or doesn't work depending on your perspective) every time. How soon you lose your account is up to you.


Another losing system is to make the next trade with the largest amount of lots possible. This is a pretty reliable loser too. How soon will you lose your account in this case? Maybe tomorrow.


Seriously, to find a losing system and do the opposite is easy, but not profitable either. Have you ever asked yourself why newbies lose? (hint: get a mirror and stare at it till the answer comes to you)
Ignored
I can see what you mean but this isn't really a system that I could rely upon for losing. The coin only loses 50% of the time. I concede that lots of lots would probably lose through leverage. Do you think that going Long (say) in any pair with no stops and cashing in when there is a reasonable loss would work more than 50% of the time?
 
 
  • Post #9
  • Quote
  • Jul 3, 2007 5:50pm Jul 3, 2007 5:50pm
  •  lwojtow
  • | Joined Apr 2006 | Status: title | 26 Posts
Risk 90% of your balance on each trade and surely you'll lose. Even with a winning system.
 
 
  • Post #10
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  • Jul 3, 2007 5:50pm Jul 3, 2007 5:50pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting MrFuture
Disliked
LOL, I know what you mean. Give me a loser system and by doing the opposite I'll make it a winner, right ?

Thing is, nobody follows systems word by word, 'cause emotions start to come into play, therefore we are able to turn a losing system into a losing system even when we do the opposite

I know it sucks....I know that in the long run the SRDC 1 will become a loser when you place a 10 pip target and a 50 SL. Problem is, your account has to big enough to survive the 10 to 20 times it does hit the 10 pip target (in the "reverse version" 10 pip would be SL and 50 or less could be our profit).

But I honestly think it can be achieved, also because most of the times, when SRDC 1 is played in its original way, before reaching your target it goes against you 10-20 pips easily...so imagine if that was you actual profit and not your SL....

That's what I am planning to experiment for the following months, 'cause I did SRDC1 in the original way and in the long run the day it goes against you you end up losing your profits and more.....so by reversing it it should bring you profits.....
Ignored
I can tell that you are on my side here. What is SRDC?
 
 
  • Post #11
  • Quote
  • Jul 3, 2007 6:01pm Jul 3, 2007 6:01pm
  •  MrFuture
  • | Joined Aug 2006 | Status: Member | 436 Posts
Quoting Duncan
Disliked
I can tell that you are on my side here. What is SRDC?
Ignored
it is when on a daily chart of the GBP/USD you put a buy or sell order as soon as the new day candle goes over the previous day candle's high or low.

srdc stands for support resistance daily candle
"Lunch ? Lunch Is For Wimps !"
 
 
  • Post #12
  • Quote
  • Jul 3, 2007 6:02pm Jul 3, 2007 6:02pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting Duncan
Disliked
That sounds good. I will get charged swap but are you confident that it will go long?
Ignored
Brilliant, your system is working. I got in Short at 246.84 10 minutes ago and it is 247.02 already!!!! Lost 18 pips in 10 mins. Thanks!
 
 
  • Post #13
  • Quote
  • Jul 3, 2007 6:04pm Jul 3, 2007 6:04pm
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting MrFuture
Disliked
it is when on a daily chart of the GBP/USD you put a buy or sell order as soon as the new day candle goes over the previous day candle's high or low.

srdc stands for support resistance daily candle
Ignored
Thanks.
 
 
  • Post #14
  • Quote
  • Jul 3, 2007 6:07pm Jul 3, 2007 6:07pm
  •  MrFuture
  • | Joined Aug 2006 | Status: Member | 436 Posts
trust me everybody who followed it by the book, and by that I mean trading it automatically without baysitting it, in the end went in the negative.


so why not placing the trades the opposite way and profit from it ?


once again the pain is that for 10 to 20 days straight it could give you small losses before it gives you a win....
"Lunch ? Lunch Is For Wimps !"
 
 
  • Post #15
  • Quote
  • Jul 3, 2007 6:10pm Jul 3, 2007 6:10pm
  •  Gwan
  • | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
Quoting lwojtow
Disliked
Risk 90% of your balance on each trade and surely you'll lose. Even with a winning system.
Ignored
we can't risk 90% of it
37.5% is max if you use 30 pip stop loss, the rest is margin.

without stop loss we always risk 100% if that what you mean.

to lose, trade against the swap, and never take profit sound like a good idea.

a sure loss? open and close it right away, eat up the negative because of spread, trade exotic for faster result.
 
 
  • Post #16
  • Quote
  • Jul 3, 2007 6:25pm Jul 3, 2007 6:25pm
  •  billflet
  • Joined Mar 2007 | Status: It's all just noise. | 1,681 Posts
[quote]
Quoting Gwan;

a sure loss? open and close it right away, eat up the negative because of spread, trade exotic for faster result.[/quote
Disliked
Ignored

Gwan's losing system is quick and bulletproof. I'd go with that one.
 
 
  • Post #17
  • Quote
  • Jul 3, 2007 6:44pm Jul 3, 2007 6:44pm
  •  Pip Rage
  • | Joined Jan 2006 | Status: Member | 73 Posts
If you want to lose. Use any breakout system with a 1 pip stop loss and 10 pip limit. Noise will take you out 99 times out of 100.
 
 
  • Post #18
  • Quote
  • Jul 3, 2007 6:53pm Jul 3, 2007 6:53pm
  •  droesparky
  • | Joined Aug 2006 | Status: Member | 149 Posts
I think using the body of the day befores candle instead of the high or low, is better then the SRDC method.

sorry for putting a good system on here. But the thruth is the SRDC works about the same in reverse as it does in normal ways


If you want losses just get signals from me.
 
 
  • Post #19
  • Quote
  • Jul 3, 2007 7:09pm Jul 3, 2007 7:09pm
  •  billflet
  • Joined Mar 2007 | Status: It's all just noise. | 1,681 Posts
If losing is your goal you should use as many tools as you can. Don't overlook the benefits of placing market orders during the NFP announcement. Some very good losing opportunities there.
There is also a program out there with green and red arrows, telling you when to buy and sell. The software costs about 4k. If your bankroll is modest you can blow most of it on the software alone. The rest will go quickly when you try implementing the system.
 
 
  • Post #20
  • Quote
  • Jul 4, 2007 5:07am Jul 4, 2007 5:07am
  •  Duncan
  • | Joined Oct 2006 | Status: Member | 36 Posts
Quoting billflet
Disliked
If losing is your goal you should use as many tools as you can. Don't overlook the benefits of placing market orders during the NFP announcement. Some very good losing opportunities there.
There is also a program out there with green and red arrows, telling you when to buy and sell. The software costs about 4k. If your bankroll is modest you can blow most of it on the software alone. The rest will go quickly when you try implementing the system.
Ignored
Thanks for the ideas. With NFP and news releases there is the danger of winning but stops would work well, so a straddle could be quite effective - or the use of a weapon backwards.
The Green and Red arrows sound more promising and could be the system that I am searching for - I just don't like the 4k price tag.
 
 
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