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If it's such a great system, why isn't there a Trade Explorer attached?

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  • First Post: Edited Jan 27, 2013 1:09pm Jan 25, 2013 3:46am | Edited Jan 27, 2013 1:09pm
I appreciate the time people take to write a nice descriptive post on the mechanics of their latest and greatest trading system. But if its such an awesome system why don't they attach an explorer to it?

A 1200 character post isn't worth much without any proof, all you new people to forex ask yourself this question every time you see that new and improved system, If its so good why isn't the Author backing it up!


I am in no way trying to say that there is not money to be made in Forex, I do pretty good myself, I just want to know if there is a good reason why this isn't done that I am missing? Or is my assumption that most people are blowing smoke and there awesome system is largely untested true?
If people have a trade explorer they would be unable to post all their brilliant "Hindsight" trades
Please Do Not PM Me With Coding Enquiries
good point Kyler
Twitter: @forexpokerpro
if it's such a great system you SHOULDN'T be sharing it in the first place. Your successful system is your business trade secret. No company on earth goes around and share their secrets.

You don't owe anybody.

Want to do something nice for your fellow man? donate to the Red Cross and keep chugging the profits.
NocturnalFX is no longer offering commercial services
a couple of reasons...

1. do you want just anyone to see how much money you made or lost, and put it on the internet in a place where in the future you couldn't take it down.?

2. do you want to share some helpful ideas that will point people in the right direction then the best traders will mould it into something that works for them.

3. if youre going to give every entry and exit away and youre being successful then you might as well start a signal service and make money from it.

so, you dont want to put income details on the internet, you would like to help other learn some useful ideas (but not exactly how you trade) and upto now you haven't considered selling your entries..

its possible, just as possible as nothing here works and everyone is telling lies
tradewith60
Quoting 60minuteman
a couple of reasons...

1. do you want just anyone to see how much money you made or lost, and put it on the internet in a place where in the future you couldn't take it down.?

2. do you want to share some helpful ideas that will point people in the right direction then the best traders will mould it into something that works for them.

3. if youre going to give every entry and exit away and youre being successful then you might as well start a signal service and make money from it.

so, you dont want to put income details on the internet, you...
1. I believe that one can keep the balance hidden and you can remove the trade explorer at any time.
3. You can also keep open and pending trades hidden.
Please Do Not PM Me With Coding Enquiries
Quoting Gumrai
1. I believe that one can keep the balance hidden and you can remove the trade explorer at any time.
3. You can also keep open and pending trades hidden.

so someone trading without stops and only ever closing trades when they are in profit would look like a good profitable trader until the inevitable margin call... whats the use in that??

i have a better idea... take the ideas, backtest them, see if its possible to make it profitable? if not or it doesn't work for you then move on, study some more..

the reason 95% of traders lose is because they want someone to hold their hand, walk them to the cash point and pay them £1 million for nothing...

focus on yourself as the trader, not other people and what they may or may not be making...

maintain a positive outlook, work hard and test everything a thousand times, thats the way to succeed
tradewith60
a trader once said.. backtest the last 100 entries of any system, if theyre profitable the system works... i have found it to be true, doesnt take long
tradewith60
Quoting 60minuteman
so someone trading without stops and only ever closing trades when they are in profit would look like a good profitable trader until the inevitable margin call... whats the use in that??

i have a better idea... take the ideas, backtest them, see if its possible to make it profitable? if not or it doesn't work for you then move on, study some more..

the reason 95% of traders lose is because they want someone to hold their hand, walk them to the cash point and pay them £1 million for nothing...

focus on yourself as the trader, not other people...


I agree with everything you say, you have to do your own due diligence and test everything, even if it had a magical looking explorer attached to it.

What I don't understand is the motivations of the endless threads of trading systems? I could jump over to the trading systems thread write a post of random BS attach some Random charts with random circles and arrows, and probably have at least hundred people wasting there time testing it by the end of the day just because its posted there.

I jumped around for a bit looking for some explorers attached in the commercial forum and failed to find one, that totally boggles my mind! Of all places I would think they would be all over presenting a track record, unless they are full of it!
Quoting Kyler
I agree with everything you say, you have to do your own due diligence and test everything, even if it had a magical looking explorer attached to it.

What I don't understand is the motivations of the endless threads of trading systems? I could jump over to the trading systems thread write a post of random BS attach some Random charts with random circles and arrows, and probably have at least hundred people wasting there time testing it by the end of the day just because its posted there.

I jumped around for a bit looking for some explorers...
I agree in the commercial forum, theyre specifically trying to sell you something, and in that instance something should be shown to validate their claims, you're paying so someone else should do all the hard work.

question is, why does it bother someone enough to start a thread about it? maybe the thread starter is bored? want to share ideas to see other opinions? etc etc a million reasons, not only to lie about their system and its merits
tradewith60
I think the basic reason anyone non-commercial post their trading system, is to get feedback or other opinions to make the system better or sharpen.

For me, this is main reason i post or follow the forum. To seek knowledge and experiences from other traders.
Quoting Kyler
I appreciate the time people take to write a nice descriptive post on the mechanics of their latest and greatest trading system. But if its such an awesome system why don't they attach an explorer to it?

A 1200 character post isn't worth much without any proof, all you new people to forex ask yourself this question every time you see that new and improved system, If its so good why isn't the Author backing it up!


I am in no way trying to say that there is not money to be made in Forex, I do pretty good myself,[b] I just want to know if there...
How about:

1. My brokers trading station isn't supported by Trade Explorer
2. If you knew anything at all about trading, then you would see pretty quickly whether a system suits you or not.
3. Don't be lazy, test the system for yourself.
4. I'm not going to spoon feed you with signals
5. I trade to put food on the table, it is my job. I will (and do) post live trades when it suits me to do so.....not when it suits you or anyone else.
6. I have nothing to prove to you
7. I am not selling anything
8. Spend less time here crying and more time focusing on trading if you ever want to turn a profit.
Doing what you like is Freedom. Liking what you do is Happiness.
damn, 60...you moved to 5m TF ?

hope everything is right for you mate

bradu
Quoting bradu
damn, 60...you moved to 5m TF ?

hope everything is right for you mate

bradu
yo Braduuuu... just zooming in on those daily lines, if you put them in the right place you can use any tf for entry

....hope you're winning mate
tradewith60
Quoting realjumper
8. Spend less time here crying and more time focusing on trading if you ever want to turn a profit.
Quoting 60minuteman
the reason 95% of traders lose is because they want someone to hold their hand, walk them to the cash point and pay them £1 million for nothing...

focus on yourself as the trader, not other people and what they may or may not be making...

maintain a positive outlook, work hard and test everything a thousand times, thats the way to succeed
Well said ...
MT4/MT5 EAs/Indicators/Alerts coder
and that's the most hilarious part of this forum

especially in "Trading System" section.

i'm shocked and amazed to see so many bigshots boasting with their ideas while showing no proof at all!

and still they have tons of followers with blind stupidity and paranoid in the system's absolute profitability!

what's so difficult to hook up an explorer?

i don't understand

but i do understand that 99% it is due to the fact that the system is nothing but crap and that's why.
honestly i really love this post

Quoting Kyler
I appreciate the time people take to write a nice descriptive post on the mechanics of their latest and greatest trading system. But if its such an awesome system why don't they attach an explorer to it?

A 1200 character post isn't worth much without any proof, all you new people to forex ask yourself this question every time you see that new and improved system, If its so good why isn't the Author backing it up!


I am in no way trying to say that there is not money to be made in Forex, I do pretty good myself,[b] I just want to know...
as a company, the moment you share it there is no secret and the author of this thread is saying you should back it up with proofs, I agree totally with that

Quoting TPOTrader
if it's such a great system you SHOULDN'T be sharing it in the first place. Your successful system is your business trade secret. No company on earth goes around and share their secrets.

You don't owe anybody.

Want to do something nice for your fellow man? donate to the Red Cross and keep chugging the profits.
Quoting Ayobami
as a company, the moment you share it there is no secret and the author of this thread is saying you should back it up with proofs, I agree totally with that
It would be good to see proof with a trade explorer. Without it, I'm really not inclined towards reading a thread with millions of posts, just to find that it doesn't work anywhere near as well as the author claims.
I suspect that some threads are started by wannabee gurus that are looking for repect on a forum because they don't get any in their real lives.
With these huge threads, I find it helps to read the first 10 pages or so, note the avid followers that extoll the virtues of the system. Click on their posts and see where they are active now. Usually they have moved on to another thread or no longer active. Also look at the last 10 pages, if the system has morphed too much, it couldn't have been that good in the first place.
I don't like that the OP in the threads has the power to remove any negative posts and ban anyone that doesn't heap praise on him.
Please Do Not PM Me With Coding Enquiries
To the OP,

I post my trades as close to real time as I can get. Scroll through it if you have some time and you will see I post almost every good and bad trade I have.

http://www.forexfactory.com/showthread.php?t=402660

If you find a way to make Interactive Brokers compatible with Trade Explorer I'm all ears. I understand your concern, but I wouldn't dismiss everyone because they don't take the time with Trade Explorer.
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