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  • #101
  • Edited 7:53pm Dec 31, 2007 5:13pm | Edited 7:53pm
Dr Bob

The same man from WizeTrade and PremiereTrade? If so congratulations for making the move, George and James' loss is our gain.

There is plenty of advice given out here, and you have amassed a huge amount of experience in the one year that you have been trading, thank you for sharing that. You obviously have plenty of followers.

Is there anybody that has traded this system on a live account?

I am about to properly fund my account after 6 months of proving that I have a system in place. It is not this system here, as I have had as many failed set-ups as I did follow throughs when I looked at what you post. It is also boring sitting there waiting for candles to close on what looks to me nothing more than a Line Chart. My loss maybe.

For me, anything on a 15 minute chart is too small a time frame. I trade off the Futures and Bond prices, and then confirm with the technicals on the 1 hour and 4 hour charts when trading the Yen. These cross-over lines just are not reliable enough on something as volatile as the Yen.

I'm not looking to promote my way of trade, far from it. It is right for me and I've developed a Plan that will not suit everybody, I do not need the pressure of something not working, and have accepted that 30% of my trades will fail. I have good enough money management in place to make that a winning Trading Plan. Maybe after a year of me using it live, I'll look to share it, but only if it stays as reliable through all kinds of Market situations. That is why I am interested in who has used what you promote, on a Live account, and has a history of making it work.

Genuine question, I could not see a refference to it in your posts, but for so many trade set-ups that get posted by you I just wondered how many people are trading it Live, and how many have a track record of success with it. Are you live trading these set-ups Dr Bob? If so, what % return does the 'Not all the Pips, But All The Trades' actually return you a year?

Hope you don't mind me asking, but I have seen so many threads posted here that claim to return, but with very few Account Balance statements to back it up. Seems as though most have given up on the Red Line Green Line system. That was meant to be a winner but nobody showed that they could make that one work either.

I hope that I do not get slammed with people asking 'how dare you raise this question'. To me if it is posted in a public domain it needs to be questioned. If you have already answered this in another thread then point me in that direction, I could not find anything on it.

Thanks for your time.
  • #102
  • Dec 31, 2007 8:54pm Dec 31, 2007 8:54pm
Quoting Infx
Dr Bob

The same man from WizeTrade and PremiereTrade? If so congratulations for making the move, George and James' loss is our gain.

There is plenty of advice given out here, and you have amassed a huge amount of experience in the one year that you have been trading, thank you for sharing that. You obviously have plenty of followers.

Is there anybody that has traded this system on a live account?

I am about to properly fund my account after 6 months of proving that I have a system in place. It is not this system here, as I have had as many failed set-ups as I did follow throughs when I looked at what you post. It is also boring sitting there waiting for candles to close on what looks to me nothing more than a Line Chart. My loss maybe.

For me, anything on a 15 minute chart is too small a time frame. I trade off the Futures and Bond prices, and then confirm with the technicals on the 1 hour and 4 hour charts when trading the Yen. These cross-over lines just are not reliable enough on something as volatile as the Yen.

I'm not looking to promote my way of trade, far from it. It is right for me and I've developed a Plan that will not suit everybody, I do not need the pressure of something not working, and have accepted that 30% of my trades will fail. I have good enough money management in place to make that a winning Trading Plan. Maybe after a year of me using it live, I'll look to share it, but only if it stays as reliable through all kinds of Market situations. That is why I am interested in who has used what you promote, on a Live account, and has a history of making it work.

Genuine question, I could not see a refference to it in your posts, but for so many trade set-ups that get posted by you I just wondered how many people are trading it Live, and how many have a track record of success with it. Are you live trading these set-ups Dr Bob? If so, what % return does the 'Not all the Pips, But All The Trades' actually return you a year?

Hope you don't mind me asking, but I have seen so many threads posted here that claim to return, but with very few Account Balance statements to back it up. Seems as though most have given up on the Red Line Green Line system. That was meant to be a winner but nobody showed that they could make that one work either.

I hope that I do not get slammed with people asking 'how dare you raise this question'. To me if it is posted in a public domain it needs to be questioned. If you have already answered this in another thread then point me in that direction, I could not find anything on it.

Thanks for your time.
Hehe infx.. how's it going.

I'm not Dr Bob.. I'm just Bob sharing Dr Bob's setup.. which has been shared before by others.. Dr Bob has been around for YEARS.. however I'm a newcomer with less than 1 year Sorry for the confusion.. but I did give him credit in one of the first posts.

You are correct in saying the CCI crossovers are losing setups.. hence I explicitly mentioned that it is not recommended to trade them, but rather trade the zero line reject...

I'm very happy with the results of this method, the reward/risk is good, most of the time- you get very accurate timing with the zlr's. I have traded it for 3 months now and it helped me shift to lower timeframes.. Many times the lower timeframe is for the purpose of scaling in from a higher tf setup. Providing you with return figures will not do you any good nor will it be indicative, because that has to do with the money management aspect which can differ between individuals. Regardless, I am not a mechanical trader and use the method as a visual aid. That means I emply judgements about trend strength.. trend section.. peaks and troughs, pattens, s/r.. YM when trading the Yens.. this also brings me to say that every person will have different results depending on their knowledge and skill.. we even see that with mechanical systems. Current overall win rate in the last 3 months is 65% for me.. although I believe I'm able pick the right setup more than 80% of the time.. my personal weakness is to do with emotionality.. the technical aspect of things is very simple to grasp.. almost a non issue.. but keeping emotions in check has proven a true challenge. Yes, a greedy bastard and a fearful child.

You will not get an account statement from me.. as I am not on trial here... nor do I favour public scrutiny or its potential effects on my trading and emotional state.. hope you can respect that. I'm just a devoted FF member and learned a lot about trading from here and James16 so it was appropriate to give something that may work for others too.. as it has for many.

Happy new year
Bob
  • #103
  • Edited 9:21am Jan 1, 2008 8:30am | Edited 9:21am
No real answer there then. What on earth is your statement "Yes, a greedy bastard and a fearful child." mean? More riddles that are a little disturbing.

I'll be really interested in who is actually making money out of this set-up. As the author, or messenger, you are not able to show that it is actually being used on a live account I'll put it in the trash with the other systems that seems to do little more than want cover the author in glory. No offence meant to you Bob, nor to Dr Bob, nor James16.

There are some really good, well thought out, well supported systems posted on FF. There are also some that make no sense to me at all, and that is why I asked the questions. I may be missing something, but this seems to be riddled with nonsense to me.

In reality I expected little more than the semi-evasive reply you gave, but will wish you good luck in your trials with this, and hope that others took more from it than I was able to do. I'll follow the systems that are backed with real money trades, they give me a much more warm and fuzzy feeling than this one. Just one lady's opinion.

Thank you for the reply Bob, say hello to Marshall when you get to see him.
  • #104
  • Jan 1, 2008 1:35pm Jan 1, 2008 1:35pm
Suit yourself,

Im not selling squat nor am I looking for followers nor am I here to babysit anyone, how hard is this concept to grasp and apply: Identify trend, buy dips and sell rallies?

If this is too much for you, I suggest you stick to your own system which sounds like a winner anyway and theres no reason in the world why you would need another.

Bob
  • #105
  • Jan 1, 2008 4:56pm Jan 1, 2008 4:56pm
Infx message is what makes me NOT to reply to any forums now. Having been a trader for 7 years, I used to contribute to many forums, but I get sick of reading the rubbish that some people sink to when the system originator[s] won't to this or that. In my experience Bob's system is very good and I want to thank him for making it available to traders.

I have seen 100's of systems of this forum and others, most do a job of getting a trader profitable IF the trader has the ability to manage his own style AND money management and if you can stick to the rules. I think 80 to 90% can't stick to any trading rules IMHO. Trading is an ART that you have to learn, it is not a science with a structured training program. What works for one trader [like a system or T. F.] might not work for another.

Fear and Greed is what makes a trader abandon his rules and plans.

Having said my piece, I will go back to being a lerker again and a profitable trader.

Thanks again Bob.
  • #106
  • Jan 1, 2008 5:31pm Jan 1, 2008 5:31pm
Just a quick note, Bob put this thread in the recycle bin, not FF. I personally was enjoying reading it. wish he would reconsider.
  • #107
  • Jan 1, 2008 5:54pm Jan 1, 2008 5:54pm
Quoting smjones
I personally was enjoying reading it. wish he would reconsider.
me too.
  • #108
  • Jan 2, 2008 12:31am Jan 2, 2008 12:31am
I'm also sad to see this thread in the recycle bin. The cci indicator is a valuable tool IF you know how to use it!
  • #109
  • Jan 4, 2008 8:30am Jan 4, 2008 8:30am
i think this is good system, i make some pips to use it. i wonder what happen here. why everybody gone?
  • #110
  • Last Post: Jan 15, 2008 4:25pm Jan 15, 2008 4:25pm
Great system Bob, thanks for sharing! Don't let the minority change your willingness to help others. I may be a lurker behind the scenes but I appreciate every bit of information, especially from devoted people like you. Knowledge is power.
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