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False Prophets

  • #1,361
  • Apr 29, 2019 9:57pm Apr 29, 2019 9:57pm
Quoting robots4me
{quote} @thegrimreape -- you must be new to trading. You do know that back testing not only doesn't use real data, it is notoriously unreliable. Some of the unreliability is out of your hands, whereas other is the fault of the programmer. You owe @davit a BIG apology -- that is, if you are man enough.
I owe no one an apology or even a thank you. He is the one who owes the entire forum members an apology for sharing something that failed. 3 years of spending my time learning only to found out that his so-called method failed to withstand the trial of time and that I was being lied incessantly to learn something - to spend my time, my energy and my effort in something that isn't workable. What you see right now is a unique sample of win-loss ratio. If you put it across a span of 5 - 10 years time, you'll be circling around Forex just like a degenerate gambler losing money.

And, of course, a lot of you have made the decision to bash me via PM. I'm thankful for what you guys did because sooner or later you will trust that you're in the same place as I did. What another trader said was right in the beginning, you guys deserve to get smack big by charlatans and fraud in the industry until you learn. I'm out from FF, serve this message as a final warning to all users. Believe what you want to believe, without concrete backings, it's just all talks and wonders. Good bye.
  • #1,362
  • Apr 29, 2019 10:24pm Apr 29, 2019 10:24pm
Quoting thegrimreape
3 years of spending my time learning only to found out that his so-called method failed to withstand the trial of time
@thegrimreape -- seriously? It took 3 years for you to figure out that his system and your skills were not a good match? Not everyone can trade every system -- I would think that's a given. Are you really suggesting that because you, @thegrimreape, failed, then it must be a bad system? I can't dunk a basketball -- does that mean basketball is a lousy sport?
  • #1,363
  • Apr 29, 2019 10:33pm Apr 29, 2019 10:33pm
damn...
when you are a drama king, keep acting every once in a while, this is my last post or thinking of leaving this forum...suddenly you will see, 10000s of messages begging dear king, dont do that, we miss you, we need you...jeez, where else you get that!!!! some do thrive on this....amazing...worth more than money.
Determination + Persistence = Success
  • #1,364
  • Apr 29, 2019 10:33pm Apr 29, 2019 10:33pm
Quoting thegrimreape
{quote} I owe no one an apology or even a thank you. He is the one who owes the entire forum members an apology for sharing something that failed. 3 years of spending my time learning only to found out that his so-called method failed to withstand the trial of time and that I was being lied incessantly to learn something - to spend my time, my energy and my effort in something that isn't workable. What you see right now is a unique sample of win-loss ratio. If you put it across a span of 5 - 10 years time, you'll be circling around Forex just like...
your life is not our fault, Sparkles. bu-bye

  • #1,365
  • Apr 29, 2019 11:51pm Apr 29, 2019 11:51pm
Quote
You could try a discord server...it's by invite only and you just delete the trolls from the server entirely....Just an idea that really works against trolls.

Ask Fxcybarf if you can join him.
You can help him setup the FFF.com because that is going nowhere now.

Quote
You changed my life you give me hope and prosperity and I hope that doesn’t change please continue to help us move forward on this journey that we encounter,
And us critics are called "losers", right.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,366
  • Apr 30, 2019 2:07am Apr 30, 2019 2:07am
Quoting thegrimreape
{quote} ... 3 years of spending my time learning only to found out that his so-called method failed to withstand the trial of time and that I was being lied incessantly to learn something - to spend my time, my energy and my effort in something that isn't workable. What you see right now is a unique sample of win-loss ratio. If you put it across a span of 5 - 10 years time, you'll be circling around Forex just like a degenerate gambler losing money. And, of course, a lot of you have made the decision to bash me via PM. I'm thankful for what you...
This is exactly the conclusion every sane person will come up if he dives deep enough into retail forex - it's a negative sum game for losers.

Davit's pivot method might work quite well in a low volatilty envoirement with small enough position sizes. It might do so for quite a long time....but as his account grows in parallel with his ego, his position sizes are getting bigger and the day will come where he will give back years of profit exactly due to the method he is currently using in one single event.... Davit most likely won't become rich by trading retail forex. He didn't get rich in the past and won't in the future by trading forex. The same is true for all other "gurus" here on FF.... You are losing the most precious thing of all..... your time.

Davit will finally learn that the market is efficient and his trading method just distorted the real underlying risk for some time. Maybe he will go down the same path as all other retail trader gurus..... switch to the teaching and affiliate marketing business, where he can make real money by helping the forex fishing fleet to catch new victims....and the burn rate is so high, the need for fisherman will never dry up.
  • #1,367
  • Apr 30, 2019 2:09am Apr 30, 2019 2:09am
Quoting thegrimreape
{quote} It's because a family member of mine who saved me from getting drowned in the sea of ecstasy. After running through a series of test and trail via computerization trading, his methodology failed to withstand the test of time. That's when I started to realize how NAIVE I am to believe everything I see online. So-called help is a wolves in disguise.
now i know why you failed.
  • #1,368
  • Apr 30, 2019 2:42am Apr 30, 2019 2:42am
Quoting HudithePfupf
{quote} This is exactly the conclusion every sane person will come up if he dives deep enough into retail forex - it's a negative sum game for losers. Davit's pivot method might work quite well in a low volatilty envoirement with small enough position sizes. It might do so for quite a long time....but as his account grows in parallel with his ego, his position sizes are getting bigger and the day will come where he will give back years of profit exactly due to the method he is currently using in one single event.... Davit most likely won't become...
You forgot some details. You can't generalize. Every trader is a world as every life is different. If you feel you can't live trading its ok but your bad experience trading can't be extrapolate to others. DD is not a problem while you can maintain a good growth curve and when you close that bad trades, losses are lower that profit generated in that time. Its simple maths
Try don't lose pants never...
  • #1,369
  • Apr 30, 2019 2:42am Apr 30, 2019 2:42am
Quoting HudithePfupf
{quote} This is exactly the conclusion every sane person will come up if he dives deep enough into retail forex - it's a negative sum game for losers. Davit's pivot method might work quite well in a low volatilty envoirement with small enough position sizes. It might do so for quite a long time....but as his account grows in parallel with his ego, his position sizes are getting bigger and the day will come where he will give back years of profit exactly due to the method he is currently using in one single event.... Davit most likely won't become...
LoL, more light entertainment, keep it coming, this week is so slow. I'm not sure what it is you guys don't understand about the fact that Davit has a percentage of his account as an overall loss amount. It's not rocket science and I don't even trade his system. Hey genius, take a look at how pivots line up with traditional hand drawn S&R levels so based on your logic we are all going face the apocalypse with that one Black Swan event. With that in mind, I give up, I'm going fishing.
Ardua Ad Astra Per
  • #1,370
  • Apr 30, 2019 3:20am Apr 30, 2019 3:20am
Quoting thegrimreape
3 years of spending my time learning only to found out that his so-called method failed to withstand the trial of time and that I was being lied incessantly to learn something - to spend my time, my energy and my effort in something that isn't workable.

Let me state right from the start that I have no axe to grind with Davit. I don't trade his method or read his thread, but I have browsed it once or twice in the past.

To reiterate, I have no issue with Davit or his method or his thread.

That said, your statement that I have quoted above forms the basis of my opinion, and justifies the reason why ForexFactory is little more than a joke website...in fact it should be re-named FacebookFactory!

I can't get into this right now as the market is open and I'm busy, but I'll try and explain my stance tomorrow during the late Tokyo session. VEEVFX has not replied to my question, and that's fine. It may have been interesting and I had a good reason to ask the question. It doesn't change anything though, it just would have been interesting.

If I get time tomorrow during late Tokyo I'll elaborate......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,371
  • Apr 30, 2019 3:54am Apr 30, 2019 3:54am
IMO this is the #1 way to be a personal success and the definition of personal success is arbitary ... just like discretionary trading.
FOCUS on the best ... FORGET the rest.
https://www.inc.com/marc-emmer/bill-...both-rich.html
When you are successful perhaps give a thought to others ... Kiva dot org
  • #1,372
  • Apr 30, 2019 4:24am Apr 30, 2019 4:24am
Quoting thegrimreape
{quote} I owe no one an apology or even a thank you. He is the one who owes the entire forum members an apology for sharing something that failed. 3 years of spending my time learning only to found out that his so-called method failed to withstand
first you must know that is impossible to backtest one method which involve manual trading and is based on PA ,MM and fundamentals. sorry but youre a noob at this one and now i see why you failed and you will fail at next try as well. at this moment youre in the losers side but not because of the method and because of you cos you have no skills and you didnt improved your practice.
so any method you will get is clear you will fail again,and my friendly advice is to quit forex cos is just not for you,so you need to stop before you will lose serious money and will bring serious drama in your life. this shit called forex can break people's life equilibrium and can add a lot of drama.

on the other side... if something dont work for you why you dont let it go and move forward like a man instead to be a weak person and blame the one who share it for free and who asked you NOTHING. what you did show just a lack of spine and lack of education. you might be upset but this is the truth based on the facts,you dont have enough strength to figure that the problem is between screen and chair or between your ears,and seems more easy for you to blame others for your failure. is nothing new in life cos individuals like you are all over.

you need to man up and figure the problem you have in trading and stop blame others for your own failure.
Take what you can, give nothing back
  • #1,373
  • Apr 30, 2019 4:45am Apr 30, 2019 4:45am
Quoting Husky77
{quote} first you must know that is impossible to backtest one method which involve manual trading and is based on PA ,MM and fundamentals. sorry but youre a noob at this one and now i see why you failed and you will fail at next try as well. at this moment youre in the losers side but not because of the method and because of you cos you have no skills and you didnt improved your practice. so any method you will get is clear you will fail again,and my friendly advice is to quit forex cos is just not for you,so you need to stop before you will lose...
90% people born in a social level never abandon their level. And its easier down levels than up. This can be extrapolate to forex. Everybody want be rich but very little can reach not be just losers. Darwing law applied to current society....
Try don't lose pants never...
  • #1,374
  • Apr 30, 2019 5:04am Apr 30, 2019 5:04am
when i took Davit method i was already trading,is true i needed more discipline,but pivots really helped a lot.
Now i dont follow all the rules cos i trade also not recommended pairs but thats me,and i respect his thread rules and i dont polute his thread cos this means i will be disrespectful,so i post there only recommended pairs when i trigger them and only based on PA+ pivot zones and fundamentals look around.
but as i had already my own way before this i do trade it my own way,some dont like it? dont work for others? i dont care as long does work for me.
like i said is true i need more discipline and is the work i am doing right now and results start to show up.
Is early Tuesday ,i banked above 200 pips already and i am with 500 on the table at my own discretion to close it or not, me and only me is the one who decide yes i trade too many hard pairs and i am on the way to improve this and get rid of this behaviour and start focus on less,but even so with hours at my charts work and focus i can say April was a decent month.

for the ones who blame someone who may share one free method... revisit your attitude and figure what can be wrong between the screen and chair cos from one point many methods can work smooth if you know what youre doing.
https://www.screencast.com/t/pTcsecALx
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Take what you can, give nothing back
  • #1,375
  • Apr 30, 2019 5:26am Apr 30, 2019 5:26am
I warned it would come to this.

But when I set up a Telegram and invited some of the best traders, I was criticized.
Now they reach the conclusion that maybe we should set it up.

L
  • #1,376
  • Apr 30, 2019 5:34am Apr 30, 2019 5:34am
Quoting pgr45za
I warned it would come to this. But when I set up a Telegram and invited some of the best traders, I was criticized. Now they reach the conclusion that maybe we should set it up. L
Pedro let it go...
you know how last room ended up and why. rules in Davit thread are more simple,if youre not able to keep it up there then you cant do it in a copycat place.
with all due respect.
Take what you can, give nothing back
  • #1,377
  • Apr 30, 2019 5:41am Apr 30, 2019 5:41am
Quoting pgr45za
I warned it would come to this. But when I set up a Telegram and invited some of the best traders, I was criticized. Now they reach the conclusion that maybe we should set it up. L
My suggestion ... for what it is worth ... does not matter who is right or wrong ... that is an "ego" thing ... what matters is "making a profit" in this game.
If and I repeat "if" people can put aside their differences and work towards a common goal (profit) then it should be for the betterment of all.
I for one could not care less what anyone's opinion is on anything other than beating the market.
And that opinion should have some substantiated basis in tested fact.
There are lots of "brains" here and many brains are better than one, they may not always agree and that is good, it created diversity and diversity strengthens selection ... "Darwinism"
c'mon people ... stop wasting effort of so called "false prophets" and focus on better strategies for all ... or not ... your choice
When you are successful perhaps give a thought to others ... Kiva dot org
  • #1,378
  • Apr 30, 2019 6:09am Apr 30, 2019 6:09am
Quoting Husky77
{quote} Pedro let it go... you know how last room ended up and why. rules in Davit thread are more simple,if youre not able to keep it up there then you cant do it in a copycat place. with all due respect.
You are probably right.

Because I was banned from Davit's forum (and it doesn't matter if I deserved it or not), I will say something here.
I'm actually very thankful I was expelled. You know why?? Because I started walking on my own two feet and my profitability has improved without a DD that is unbearable. So I have Mundo, Husky and Cryptosurf (and Davit, of course) to thank for collectively having pushed me out of the nest.

Sometimes you only learn to swim when mama duck pushes you into the water.

PS - As for the discussion here, whether Davit is or not a false prophet ... it really does not matter. Adults are responsible for what they do. So take responsibility. Try to fly. If you succeed, great. If not, you crash. But you will have left your toddler peers and their diapers.
  • #1,379
  • Apr 30, 2019 6:23am Apr 30, 2019 6:23am
These theories don't work and never will.

Elliot (Elliot Wave) made no money from his theory and neither will you.

As for the Fibonacci number sequence – This was devised in the 12th century, to solve a problem to do with the copulation of rabbits and has nothing to do with finance. NOTHING. It's complete bullshit.

Leave the above theories to the dreamers and traders who believe it's easy to make money.

When you trade you are involved in trading odds NOT certainties, don't believe anyone who tells you otherwise.
If markets moved to a scientific theory, we would all know the price in advance and there would be no market!

It's the difference of opinion and unpredictability of price direction that makes a market – this is common sense.
Despite the above, many FOREX traders still believe in scientific theories such as - Elliot Wave and The Fibonacci Number Sequence.

All short-term volatility is random – prices can and do move anywhere in a day and support and resistance levels are meaningless.
Stop wasting your time with theories.

99.9% of the info in this forum, YouTube and other Forex places is just pure shite.
Every single indicator in your MT4 is just pure shite.. They are not even for Forex.

Anyway I'm saying no more. I left this forum for nearly a year. It was the best decision I ever made.
Think.... Retail traders will never prosper long term from Forex EVER. Their are to many things against you.

Dealing with volatility, is one of the major challenges of any trader wanting to develop a successful FOREX trading strategy. It's different today as it was 10, 20 years ago.. the trends are still there, but volatility is much higher - traders get the direction of the trend right, but they find themselves stopped out by the volatility of the market.

There you see, I never mentioned Davit once.. oooop's I just did ;-)
The most violent element in society is IGNORANCE
  • #1,380
  • Apr 30, 2019 6:23am Apr 30, 2019 6:23am
Quoting pgr45za
{quote} You are probably right. Because I was banned from Davit's forum (and it doesn't matter if I deserved it or not), I will say something here. I'm actually very thankful I was expelled. You know why?? Because I started walking on my own two feet and my profitability has improved without a DD that is unbearable. So I have Mundo, Husky and Cryptosurf (and Davit, of course) to thank for collectively having pushed me out of the nest. Sometimes you only learn to swim when mama duck pushes you into the water. PS - As for the discussion here, whether...
I may get out sometime if i post there some shit out of the rules. so? nothing wrong with that. should i start then to throw with blame on Davit? no way ,because is not about him but is more about me and my own actions.I am trying to behave around same way like out of online,probably not always work cos here is a damn different world,but it does matter to keep the spine and keep the balance,not for others but for you and your own daily good feeling and karma.
as long your ego is not bigger than your personal goal in ... everything you do in fact ,then nothing can harm you.

P.S. I see you still like ducks
cheer up
Take what you can, give nothing back
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