Scammers - Hall of Shame

Well , finally TimeTells leaves us. ( But will it be true ? )

This TT's last post is a jumble of banality.
Rarely I have read a post so rich of vapid , banal , obvious , well-known , evident and mediocre concepts. And false thanks.

Anyway , why does TT run away ? Probably the fact of having confused his multiple Usernames it was a serious and shameful mistake
whitch discovered him in front of the whole FFactory Community :

https://www.forexfactory.com/showthr...1#post11848571

https://www.forexfactory.com/showthr...8#post11848588

https://www.forexfactory.com/showthr...7#post11848627

And like all cowards , when they are discovered, they run away.

Attached Image (click to enlarge)

[quote=CookieMonsta;11849591]{quote} So since you figured out that the markets are algorithmic, on the lower timeframes, how would you work around them? How do these robots work anyway? Maybe there is a catch to them?

Hi, it isnt catching them but working with them.
PLUS algos are programmed by man/woman?????
I have said many times. I place a trade and expect to lose.....
Trade well.

he will be back. probably with the initials GG........
I will pretend to be him until he comes back.....here goes.

GG... hi all, i am new to this exciting exhilarating thread.
i have read every page 7 times and in 5 different languages.
FF is so spot on, i have hung a photo of him on my wall alongside Jesus and the Madonna ,(not the singer nor Maradona druggie ex footballer).
He speaks the Truth by showing how market is manipulated.
i cannot wait until he posts another chart and i cannot wait until he says what they mean?
i have just read post 1 again just before he tells me to read it again.
Thanks FF i love you.. can we have a poll, do i love you the most ?( and no i am not my mum oops i mean your mum)

[quote=billytt;11849850]
Contrary to what most think, algos have a weakness. (Or at least thats what i realized when i tried to code one and that led me to realize how to exploit them theoretically, or those which do front running mostly)

They work in a fixed band volatility, once price volatility exceeds this band they are forced to exit, at a loss. (Flash crash 2010) (volatility variances bleed into survivability of strategy via money management) ( you can control your risk but yoh can control markets volatility, once you have say 1lot at 50pip stop loss implies you expect 50pips against you at most, long short portfolios are meant to decorrelate that 50pips you experience from markets 50pips, essentially if you have a 1 1 correlated instrument on price action and volatility, if you locked in 20 pips loss, marlet can go 100 pips yoh are still in the game as effectively loss only 20 pips)

The real difference between algo and human is instinct, the instinct that something may not be right and its prudent to perhaps just stop and observe for abit, just doing this implies a huge understanding of rhe markets already.

Most algos are split into 2 types, mean reversion or trending, scalping algo is a form of extreme small time frame momentum system implying its based on trends still.

The main area these types of algo fail is when the markets are transiting from range to trend and trend to range. Where markets hunt stops to even exposure.

Think about it, all algos are but representation of the programmers knowledge, but it is difficult enough to teach a human to trade and adapt to market changes, its even more difficult to code it out.

Except 1 thing, you can teach people to adapt in these change in circumstances easier. Thats where humans thrive, in adapting in changing environments.

If you go 2 to 3 years back,and see the 5min charts, you can see nice pullbacks. Now you have to see it on the 1min charts, thats because the ebb and flow of hft is causing flows to look nicer on 1mins, as execution is now faster.

Also, algos only have 1 advantage to them, its speed. So suppose you have 100 lots to buy, what can you do to fill it? Well you can advertise your 10lot sell order hoping some algo wants to front you, then let them fill and see price cascade abit, to trigger the hft, then close your shorts and buy in the 100lots.

What matters isnt working with them, or working against them, whst matters is your strategy can adapt and survive.

If you think about it, going hft does not mean those guys are smart. Truth is, there are alot more powerful strategies around employed by hedge funds, like long short portfolio strategies, some may even be so good it can allow you to handle extreme circumtances. These types of strategies are created to be able to withstand systemic shocks like market crashes. (Ray dalio's all weather fund)

Well how do i put it, i wont say i expect to lose, just more of, theres a limit to how much im willing to accumulate losses before i cut and restart.

Just a quote from the taf thread which i think sums up the experience of trading really well, and very well grounded. damage is part of the battle, recovery is essential , victory is the objective.


Well after the flash move, where all hft are fronting the orders, they can only liquidate and exit, well theres your edge, after they done, your job is to pick off the late comers.

[quote=billytt;11849860]{quote}
TT will be back. Probably with the initials GG........
I will pretend to be him until he comes back.....here goes

GG... hi all, i am new to this exciting exhilarating thread.
I have read every page 7 times and in 5 different languages.
FF is so spot on, I have hung a photo of him on my wall alongside Jesus and the Madonna ,(not the singer nor Maradona druggie ex footballer).
He speaks the Truth by showing how market is manipulated.
I cannot wait until he posts another chart and i cannot wait until he says what they mean?
I have just read post 1 again just before he tells me to read it again.
Thanks FF i love you.. can we have a poll, do i love you the most ?( and no i am not my mum oops i mean your mum) .

[quote=CookieMonsta;11850073][quote=billytt;11849850]{quote} Contrary to what most think, algos have a weakness. (Or at least thats what i realized when i tried to code one and that led me to realize how to exploit them theoretically, or those which do front running mostly) They work in a fixed band volatility, once price volatility exceeds this band they are forced to exit, at a loss. (Flash crash 2010) (volatility variances bleed into survivability of strategy via money management) ( you can control your risk but yoh can control markets volatility, once you have say 1lot at 50pip stop loss implies you expect 50pips against you at most, l

Hi, you make interesting points and if you can milk it that is great..
i am still a great believer and follower ( as i know it works) and that is to follow the market movers.
Follow them to where things happen?

Well let's just say, the markets are always in a constant state of flux, going from a state of trend (market movers, fundmentals) to range and so on back and forth.

So there's many ways to trade the markets, different tactics work for different states and environment. To adapt and shift within these tactics form a strategic advantage.

i agree...

Is that the flux as in flux capacitor from the DeLorean?

Facts? or assumptions?
Professional _________?
If for a fact you know professional traders here on this forum
name them

I have looked at your trading records, if you are aware of professional traders on this forum, why are your results so poor?

You know what, you can find out for yourself, im not obligated to do anything, if you cant turn yourself profitable i guess your worse than someone with a poor result, at least its profits.

I spent 3 to 4 years sieving these information out bit by bit testing it one by one, by myself. But of course i had help from certain generous persons. I dont have to share with undeserving individuals.

If you want to actually make consistent profits then you better do your own homework, and prove that you actually deserve to be profitable.

Maybe actually trading your own money will give you a proper perspective of whats good and whats bad.

Do you know what makes a pro a pro? Its not just the mentor, its the strategic thinking that counts more.

you trade futures now?

LOL, Jenny!!
do you think so called professional traders dont lose money?
do you think knowing some so called professional traders would magically change your own results?
come on!

you seem to be a grown up.
you seems to like gold.
so, something for you to understand.
do you think every golfer is a champion level?
is it possible that a large golf club will have professional golfers too?
do you think saying hello to Tiger Woods would magically change any golfers game to be pro level?
do you think Tiger Woods always wins?
do you think there are lessen, way lessen golfers who are so called professional, and make a living from gold, without being Tiger Woods level?

disenchantment is OK, but pushing it too sentimentally isnt going to do good for yourself or anyone.
i tried golf 2x in my life, and it was enough to know that it is either not for me, or if for me, i am not interested/motivated ever to put enough effort to make it to a level where i could be beyond a casual player.

end of the day, lots of ppl play around forex/trading for the reasons others play lottery, or play in a casino. yeah, casino is a good example. many players, yet few seriously expect to get rich from it.
while everyone who bother for 2 min knows that playing Blackjack basic strategy brings your game to almost even with the house, 95% of Blackjack players would never bother with learning it.
they are in for the cheap thrill.
like most who DL the latest greatest EAs. or those journaling 10-100$ to millions.

i am pretty sure you dont care any suggestions, but nevertheless, i have one:
move on! either with learning more, or with your life to another direction that suits you better.! both can be a favor for yourself. whining wont take you anywhere!

jenny, move on with the cool kids at the futures corner. if you want to trade forex..go fx futures

i'd teach you how i trade, but not without kfc dinner..that's how much i charge for my services

LOL again, that ignoring doesnt do shit to me.
just prove that you are no good whiner.

you are on a losing battle PF,,,,, your advice will not be heeded.

I did trade for a living then bought property and i try my best here to help people trade.
But you know the saying,,, you can lead a horse to water???? but you cannot make it drink lol.
That is what we have here with the majority of people..

(i dont mind if this horse is not drinking.)
my day is green; and it is over for today.
end of the day all that matters for me.

happy trading!

Some scammers are leaving UK

https://www.msn.com/en-gb/money/news...G9O?li=AAnZ9Ug

I wonder if any goto Gibraltar ???