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SRDC Episode I

  • #1,181
  • Jan 20, 2007 3:45pm Jan 20, 2007 3:45pm
Question
Post # 27 says entry at 5 pips+ spread+1 at hi or low of previous candle
This post says 1pip+spread..Can U tell which is the proper one?




Quoting OrangeRoshan
Wait until a new candle emerges. Add 1pips +spread above or below the S&R.
Regarding trailing stop, it all depends on the currency pair. Anything with YEN, usually demands min of 30TL. EURGBP usually need only 10, and most other pairs 15. This is my usual TL, fm experience.
  • #1,182
  • Jan 20, 2007 3:58pm Jan 20, 2007 3:58pm
Ok Never mind , I found the answer..It takes much time to read all these posts
TX K

Quoting alsup1955
Question
Post # 27 says entry at 5 pips+ spread+1 at hi or low of previous candle
This post says 1pip+spread..Can U tell which is the proper one?
  • #1,183
  • Jan 20, 2007 5:07pm Jan 20, 2007 5:07pm
I've been trading the SRDC I method for several weeks now. I demoed the method using 3 lots and grabbing 10 pips per trade (50 PIP SL) on the GPD/USD for a week and I had 6 winning trades and zero losing trades. I had zero slippage and earned a full $300.00 on every trade. Each trade went off without a hitch and of course, I was sold on the SRDC I system.

I then started trading the system live, using the same 3 lots X 10 PIP TP, with a 50 point SL. I'm also still using the same broker that I demoed with. I have had 5 winning trades, but I have also had 2 losing trades that wiped out all of my winnings plus 1/3 of my $5000.00 trading capital. In addition, not one of the trades has given me the full profit due to a few pips of slippage on every sigle trade. The kicker to all of this is that the two losing trades should not have happened. They were both results of the broker I was using. I will explain further what happened on the two trades, but I wanted to make this post so that people don't make the same mistakes I have made. In order to trade SRDC I successfully, you have to trade with a good broker. You need a broker that guarantees NO slippage and that also guarantees the spread.

Here is what happened to me on my two losing trades. The first loser was when the unexpected interest rate increased in GB. Because of slippage, I got filled on my entry order over 50 points above my order, and of course, this was 40 points above my TP, so in effect, my TP became a stop loss and it was filled immediately as well, so my order opened and immediately closed for a very large loss. If your broker guarantees no slippage, this can not happen to you. This trade should have been a winner for me, but because of my brokers rules, I came out a huge loser.

The second trade is even harder to swallow, and it happened to me on Friday. Looking back, I probably should have just skipped the trade, but regardless, I think my broker is simply unethical and they stole my money. I had my buy entry order 5 pips above the previous days high. Prices never traded within 10 pips of my entry order, but according to my broker, the spread increased from the normal 4 or 5 pips to 10 pips, and this was enough to activate my buy order, and of course, prices traded down and stopped me out from there. I think the broker simply expanded the spread in order to grab all of the orders that were sitting above resistance and they simply stole a lot of money from innocent traders. Had I been using a broker with guaranteed spreads, this could not have happened to me and the trade would simply not have activated.

The bottom line is that these two losing trades would not have occurred had I been using the right broker, so that's why I am posting this information. I'm not knocking the SRDC I method in any way, as I have seen it work and it would have worked for me if I wasn't trading with such a lousy broker. I plan to continue to trade this system, but not until I get a new broker. With the right broker, I would not have had a single losing trade so far, and I would have gained almost 50% on my trading account in a very short period of time. However, because of the issues I just explained, I've lost about 1/3 of my trading account.

The moral of this story is to choose your broker wisely. Look for a broker with guaranteed spreads and no slippage policies. Do not allow your broker to steal your account as mine did.

In closing, I'm trying to determine if anything happened that would have caused the spreads to double at around 5:30 AM EST on Friday? I honestly believe that the brokers widened the spread just to activate the stops up there, knowing that prices would probably not trade through that level before the weekend. If anyone was trading live during that time and could offer some feedback, I would appreciate it. SRDC I is very simple and most importntly, it works! Just make sure you use the proper broker.
  • #1,184
  • Jan 20, 2007 5:24pm Jan 20, 2007 5:24pm
Quoting mccullek
Here is what happened to me on my two losing trades.... cut
From your explanation it seems clear to me that you losed those 2 trade due to some big news that did occur when your orders was triggered and suddendly slippage and spread was increased by your broker leading to losses. This is a normal situation that all brokers do.
So next time my advice for you is that you take a look at first page of ForexFactory to see if some big news will occur during day (the red ones are the most dangerous).
  • #1,185
  • Edited 6:25pm Jan 20, 2007 5:40pm | Edited 6:25pm
I supported TraderBill's post. Chandra is disrespectful and not interested to learn. She/he has other agenda in mind.

Let me make this clear, I dont share my method out of my free time to be abused and disrespected with comments that even a child knows that it is totally disrespectful to the rest who really wanted to learn.

LISTEN, this maybe a free thread for anyone to post, but im moderating this thread with my precious time. SHOULD ANYONE THINK, THAT THINK MY METHOD SUCKS OR NOT PROFITABLE, GO SOMEWHERE ELSE TO LEARN AND STOP POSTING UNCONSTRUCTIVE COMMENTS IN MY THREAD!!

THEY ARE PROPER WAYS TO ASK AND LEARN. IM THE TEACHER HERE AND THAT IS MY RULE. RESPECT AND YOU WILL GET RESPECTED. COMMENT CONSTRUCTIVELLY, AND WE WILL ANSWER CONSTRUCTIVELLY.

DONT COME IN HERE TO MAKE COMMENT WHEN YOU DONT KNOW JACK *** ABOUT TRADING FOREX. DONT WASTE MY TIME AND EVERYBODY'S TIME. I MAY BE HUMBLE BUT DONT TAKE ADVANTAGE OF IT THE WRONG WAY.

I WILL NOT TOLERATE DELIBERATE STUPID COMMENTS HERE. THERE ARE MANY WHO REALLY WANT TO LEARN. SO PLEASE LET THEM LEARN IN PEACE!!

CRAP LIKE THIS MAKE ME THINK TWICE ABOUT TEACHING FOR FREE TO THE PUBLIC. THERES JUST TOO MANY STUPID PEOPLE OUT THERE WHO DOESNT UNDERSTAND THAT IM TRYING TO HELP THEM. SO PLEASE LEARN. AT LEAST TRY!!

OR
Change Your Thinking. Change Your Life - JD
  • #1,186
  • Jan 20, 2007 6:42pm Jan 20, 2007 6:42pm
Quoting OrangeRoshan
I supported TraderBill's post. Chandra is disrespectful and not interested to learn. She/he has other agenda in mind.

Let me make this clear, I dont share my method out of my free time to be abused and disrespected with comments that even a child knows that it is totally disrespectful to the rest who really wanted to learn.

LISTEN, this maybe a free thread for anyone to post, but im moderating this thread with my precious time. SHOULD ANYONE THINK, THAT THINK MY METHOD SUCKS OR NOT PROFITABLE, GO SOMEWHERE ELSE TO LEARN AND STOP POSTING UNCONSTRUCTIVE COMMENTS IN MY THREAD!!

THEY ARE PROPER WAYS TO ASK AND LEARN. IM THE TEACHER HERE AND THAT IS MY RULE. RESPECT AND YOU WILL GET RESPECTED. COMMENT CONSTRUCTIVELLY, AND WE WILL ANSWER CONSTRUCTIVELLY.

DONT COME IN HERE TO MAKE COMMENT WHEN YOU DONT KNOW JACK *** ABOUT TRADING FOREX. DONT WASTE MY TIME AND EVERYBODY'S TIME. I MAY BE HUMBLE BUT DONT TAKE ADVANTAGE OF IT THE WRONG WAY.

I WILL NOT TOLERATE DELIBERATE STUPID COMMENTS HERE. THERE ARE MANY WHO REALLY WANT TO LEARN. SO PLEASE LET THEM LEARN IN PEACE!!

CRAP LIKE THIS MAKE ME THINK TWICE ABOUT TEACHING FOR FREE TO THE PUBLIC. THERES JUST TOO MANY STUPID PEOPLE OUT THERE WHO DOESNT UNDERSTAND THAT IM TRYING TO HELP THEM. SO PLEASE LEARN. AT LEAST TRY!!

OR
"A FOOL UTTERS ALL HIS MIND BUT A WISE MAN HOLDS HIS PEACE"
  • #1,187
  • Jan 21, 2007 2:13am Jan 21, 2007 2:13am
Thanks a lot cg, appreciate it
thanks
Quoting cgldsmth
here it is.
learn something everyday
  • #1,188
  • Jan 21, 2007 2:28am Jan 21, 2007 2:28am
countless times master Roshan has said to go away if someone doesn't like his methods and not be negative here.Why do people NOT LISTEN?
we like it here so please let us be in peace and learn from the master.
if he only realizes how much money he is loosing by spending his time here , we will all be in trouble....
so let us benefit from his magnanimity and not annoy him
this is one big happy and helpful family
peace
learn something everyday
  • #1,189
  • Jan 21, 2007 5:35am Jan 21, 2007 5:35am
Quoting OrangeRoshan
I supported TraderBill's post. Chandra is disrespectful and not interested to learn. She/he has other agenda in mind.

Let me make this clear, I dont share my method out of my free time to be abused and disrespected with comments that even a child knows that it is totally disrespectful to the rest who really wanted to learn.

LISTEN, this maybe a free thread for anyone to post, but im moderating this thread with my precious time. SHOULD ANYONE THINK, THAT THINK MY METHOD SUCKS OR NOT PROFITABLE, GO SOMEWHERE ELSE TO LEARN AND STOP POSTING UNCONSTRUCTIVE COMMENTS IN MY THREAD!!

THEY ARE PROPER WAYS TO ASK AND LEARN. IM THE TEACHER HERE AND THAT IS MY RULE. RESPECT AND YOU WILL GET RESPECTED. COMMENT CONSTRUCTIVELLY, AND WE WILL ANSWER CONSTRUCTIVELLY.

DONT COME IN HERE TO MAKE COMMENT WHEN YOU DONT KNOW JACK *** ABOUT TRADING FOREX. DONT WASTE MY TIME AND EVERYBODY'S TIME. I MAY BE HUMBLE BUT DONT TAKE ADVANTAGE OF IT THE WRONG WAY.

I WILL NOT TOLERATE DELIBERATE STUPID COMMENTS HERE. THERE ARE MANY WHO REALLY WANT TO LEARN. SO PLEASE LET THEM LEARN IN PEACE!!

CRAP LIKE THIS MAKE ME THINK TWICE ABOUT TEACHING FOR FREE TO THE PUBLIC. THERES JUST TOO MANY STUPID PEOPLE OUT THERE WHO DOESNT UNDERSTAND THAT IM TRYING TO HELP THEM. SO PLEASE LEARN. AT LEAST TRY!!

OR
Hi all newbies,

If you are keen to learn SRDC I /II
1) You shld have the very basic understanding of what is FOREX, what are the terms used, how to trade, charts pattern, support/resistant,etc, fib; etc.
2) pls read from post 1 to the last post before you post any question. It may be loads of reading, but u are doing urself a great service.
3) Read the pdf provided. It's FREE, what more can you asked for?
4) READ AGAIN so you are sure what are the requirements for entry and EXIT. Its all in the document. so pls do not asked rhetorical questions.
5) Demo trade till you are making positive pips consistantly.
6) Understand that there are no holy grail in all financial markets. And forex is not ur get rich platform.
7) Live and Learn.

Lastly, be thankful that OR and pple fozzy,aha, accentra, dialist; etc are willing to teach and share with everyone of us here.

cheers
  • #1,190
  • Jan 21, 2007 8:04am Jan 21, 2007 8:04am
Quoting mccullek
I've been trading the SRDC I method for several weeks now. I demoed the method using 3 lots and grabbing 10 pips per trade (50 PIP SL) on the GPD/USD for a week and I had 6 winning trades and zero losing trades. I had zero slippage and earned a full $300.00 on every trade. Each trade went off without a hitch and of course, I was sold on the SRDC I system.

I then started trading the system live, using the same 3 lots X 10 PIP TP, with a 50 point SL. I'm also still using the same broker that I demoed with. I have had 5 winning trades, but I have also had 2 losing trades that wiped out all of my winnings plus 1/3 of my $5000.00 trading capital. In addition, not one of the trades has given me the full profit due to a few pips of slippage on every sigle trade. The kicker to all of this is that the two losing trades should not have happened. They were both results of the broker I was using. I will explain further what happened on the two trades, but I wanted to make this post so that people don't make the same mistakes I have made. In order to trade SRDC I successfully, you have to trade with a good broker. You need a broker that guarantees NO slippage and that also guarantees the spread.

Here is what happened to me on my two losing trades. The first loser was when the unexpected interest rate increased in GB. Because of slippage, I got filled on my entry order over 50 points above my order, and of course, this was 40 points above my TP, so in effect, my TP became a stop loss and it was filled immediately as well, so my order opened and immediately closed for a very large loss. If your broker guarantees no slippage, this can not happen to you. This trade should have been a winner for me, but because of my brokers rules, I came out a huge loser.

The second trade is even harder to swallow, and it happened to me on Friday. Looking back, I probably should have just skipped the trade, but regardless, I think my broker is simply unethical and they stole my money. I had my buy entry order 5 pips above the previous days high. Prices never traded within 10 pips of my entry order, but according to my broker, the spread increased from the normal 4 or 5 pips to 10 pips, and this was enough to activate my buy order, and of course, prices traded down and stopped me out from there. I think the broker simply expanded the spread in order to grab all of the orders that were sitting above resistance and they simply stole a lot of money from innocent traders. Had I been using a broker with guaranteed spreads, this could not have happened to me and the trade would simply not have activated.

The bottom line is that these two losing trades would not have occurred had I been using the right broker, so that's why I am posting this information. I'm not knocking the SRDC I method in any way, as I have seen it work and it would have worked for me if I wasn't trading with such a lousy broker. I plan to continue to trade this system, but not until I get a new broker. With the right broker, I would not have had a single losing trade so far, and I would have gained almost 50% on my trading account in a very short period of time. However, because of the issues I just explained, I've lost about 1/3 of my trading account.

The moral of this story is to choose your broker wisely. Look for a broker with guaranteed spreads and no slippage policies. Do not allow your broker to steal your account as mine did.

In closing, I'm trying to determine if anything happened that would have caused the spreads to double at around 5:30 AM EST on Friday? I honestly believe that the brokers widened the spread just to activate the stops up there, knowing that prices would probably not trade through that level before the weekend. If anyone was trading live during that time and could offer some feedback, I would appreciate it. SRDC I is very simple and most importntly, it works! Just make sure you use the proper broker.
mccullek, may i know what broker you are using? since im going to open live acc and i dont want to open the same broker as you did and get the same problem.

If it hard to post it here, you can pm me.

btw it reminds me that Master OR have said previously on TS that if you a newbie, trade demo for about a month and then trade live using minimal lot which is 0.01 lot.

Now i understand why he (OR) said it that way, because the demo and live feed are diffrent at some time, so like you may win a lot in demo, but most probably loss some in live trading. So by using 0.01 lot, you can practice your win/loss ratio and know how the live feed works.

correct me if im wrong.
Thanks.
  • #1,191
  • Jan 21, 2007 8:32am Jan 21, 2007 8:32am
Quoting OrangeRoshan
I supported TraderBill's post. Chandra is disrespectful and not interested to learn. She/he has other agenda in mind.

Let me make this clear, I dont share my method out of my free time to be abused and disrespected with comments that even a child knows that it is totally disrespectful to the rest who really wanted to learn.

LISTEN, this maybe a free thread for anyone to post, but im moderating this thread with my precious time. SHOULD ANYONE THINK, THAT THINK MY METHOD SUCKS OR NOT PROFITABLE, GO SOMEWHERE ELSE TO LEARN AND STOP POSTING UNCONSTRUCTIVE COMMENTS IN MY THREAD!!

THEY ARE PROPER WAYS TO ASK AND LEARN. IM THE TEACHER HERE AND THAT IS MY RULE. RESPECT AND YOU WILL GET RESPECTED. COMMENT CONSTRUCTIVELLY, AND WE WILL ANSWER CONSTRUCTIVELLY.

DONT COME IN HERE TO MAKE COMMENT WHEN YOU DONT KNOW JACK *** ABOUT TRADING FOREX. DONT WASTE MY TIME AND EVERYBODY'S TIME. I MAY BE HUMBLE BUT DONT TAKE ADVANTAGE OF IT THE WRONG WAY.

I WILL NOT TOLERATE DELIBERATE STUPID COMMENTS HERE. THERE ARE MANY WHO REALLY WANT TO LEARN. SO PLEASE LET THEM LEARN IN PEACE!!

CRAP LIKE THIS MAKE ME THINK TWICE ABOUT TEACHING FOR FREE TO THE PUBLIC. THERES JUST TOO MANY STUPID PEOPLE OUT THERE WHO DOESNT UNDERSTAND THAT IM TRYING TO HELP THEM. SO PLEASE LEARN. AT LEAST TRY!!

OR
Hi Orange !

Perhaps you know the story of Chris Gardner who transformed from a
guy living in the gut with his little son to a multimillionaire between
some years.

The title of the movie is "The Pursuit of happiness"

If you didn't watch it yet you have to !!!!!!

It's amazing and very inspirational especially in relation to what we
want to achieve here....

Orange I appreciate extremely what you're doing here for free
A whole bunch of people try to sell their crap for thousands of dollars
to dumb people...
You know that over 95% of the people lose money in Forex...
We want to belong to the 5%

So you made your experience that if you give away your knowledge
for free there is always someone who only wants to disturb and
disturb.

By knowing that I would encourage you to carry on with your fantastic work.

The real guys and gals here support you as much as they can
(You know them...)

I would even pay for this stuff only to prevent us from the dumb
force !!

Happy Pippin !

Bernhard
  • #1,192
  • Jan 21, 2007 10:08am Jan 21, 2007 10:08am
Quoting OrangeRoshan
I supported TraderBill's post. Chandra is disrespectful and not interested to learn. She/he has other agenda in mind.

Let me make this clear, I dont share my method out of my free time to be abused and disrespected with comments that even a child knows that it is totally disrespectful to the rest who really wanted to learn.

LISTEN, this maybe a free thread for anyone to post, but im moderating this thread with my precious time. SHOULD ANYONE THINK, THAT THINK MY METHOD SUCKS OR NOT PROFITABLE, GO SOMEWHERE ELSE TO LEARN AND STOP POSTING UNCONSTRUCTIVE COMMENTS IN MY THREAD!!

THEY ARE PROPER WAYS TO ASK AND LEARN. IM THE TEACHER HERE AND THAT IS MY RULE. RESPECT AND YOU WILL GET RESPECTED. COMMENT CONSTRUCTIVELLY, AND WE WILL ANSWER CONSTRUCTIVELLY.

DONT COME IN HERE TO MAKE COMMENT WHEN YOU DONT KNOW JACK *** ABOUT TRADING FOREX. DONT WASTE MY TIME AND EVERYBODY'S TIME. I MAY BE HUMBLE BUT DONT TAKE ADVANTAGE OF IT THE WRONG WAY.

I WILL NOT TOLERATE DELIBERATE STUPID COMMENTS HERE. THERE ARE MANY WHO REALLY WANT TO LEARN. SO PLEASE LET THEM LEARN IN PEACE!!

CRAP LIKE THIS MAKE ME THINK TWICE ABOUT TEACHING FOR FREE TO THE PUBLIC. THERES JUST TOO MANY STUPID PEOPLE OUT THERE WHO DOESNT UNDERSTAND THAT IM TRYING TO HELP THEM. SO PLEASE LEARN. AT LEAST TRY!!

OR
Dear Ornage Roshan and Trader Bill,
Permit me to post this, please.

I am shocked to note how my postings have offended both of you. I never meant to insult or disgrace you. I was not rediculing your hard work at all! On the other hand, I greatly repected your efforts. If you go and see a couple of my previous postings, you will notice how much I have respected your intellignece and the service you are doing for others. If I have hurt your feelings or talked to you disrespectufully or have taken your valuable time to answer my basic simple questions, I am sorry about it.

I have come from a cultural background may be different from others and so might have failed to understand some of your comments and observations. When I wrote the lost couple of postings ( you have deleted those), I was overwhelmed by your wisdom answering some questions.(Like: how day chart is most suitable for this method of trading, how win to lose ratio do not apply to this methd, etc.). You were trying to drive the concept how this method is unique and how the conventional norms need not be applied to trade this method successfully. I was all appreciative, believe me. I was not insulting you while I was excitedly appreciating your wisdom. Because of different cultural background, I might have inadvertently touched upon sensitive point and hurt your (and others) feelings. I apologize for that.

I entered this site only a few days back and started reading from the very fist posting. I posted some of my own doubts and got good response from the members of this site. Believe it or not, I respect the work done by you and others in this site. I feel that this is the only site that I have come across where people do not boast of their accomplishments. In this site, I see more intelligence, more hard work and no egoistic arguments, no "I-am-right-you-are-wrong experts".

Basically I am a humble man. Yes, I am a man, because my name confuses others whether I am a man or a woman. I think my two sentences in my previous two emails might have offended you. I do not remember those sentences in their exact form. I am not going to repeat them here. Please believe me when I was writing those words, I was over excited about the success of your efforts and the efforts of others in this site; I never meant to redicule you or others or your efforts or others efforts here. It is a lesson to me to learn how my views of appreciation could turn out to be disrespectful / insulting and annoying to others! I should learn a lesson here.

As time goes by, you will find I am a decent person and the wrong impression that my words made upon you was an accident and unintentional.

I will not waste your time any more. I will stop here. Also, I will not waste your time again by writing on this issue again.
Please post this so that others also know.
Thank you.
-Chandra
  • #1,193
  • Jan 21, 2007 10:47am Jan 21, 2007 10:47am
Everybody in here knows how much I like this method and how serious I am about posting my results/experiences.

I believe that OR is doing a great job and I am very thankful for his generosity.


However, ladies and gentlemen, I cannot be a complete liar. I did read Chandra's post before it was deleted and there was nothing, nothing on it that was offensive or negative. Actually, he asked questions that pretty much a lot of people want to know but maybe fear to ask.

I do not want to take sides 'cause I am enough old to do that, BUT, this thread cannot turn into a censorship frenzy everytime somebody comes up with questions/issues.

Trust me when I say this, but I have seen many beautiful threads on the web turning into nigthmares as soon as people started deleting every post that contraddicted with them.

It is not democratic at all.

Why not just ingore the posts you consider offensive and avoid answering to them ? Isn't that more mature and less stressful ? You do not like it, you do not agree with it.....then just ingore it, as simple as that. It saves you the time to answer and argue and the time to delete a bunch of posts.

If your system is great, and I am convinced of that, then why fear some comments that may doubt its efficency ? Trust me, if it works, people will know it by trying it on their own. Their are not going to be influenced by somebody's post in here, not at all. So why the censorship ?

I want this system to reach its full potential and I want people to be free to discuss it. Discussion allows for doubts, and that's inevitable and heatlhy, 'cause it stimolates thinking and improvement.

If you have nothing to fear, then don't fear it at all and continue doing what you are doing 'cause you are great, great at it.

Thanks for everything.

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,194
  • Jan 21, 2007 11:47am Jan 21, 2007 11:47am
My fellow Mr. Future

I did not see the deleted post by Chandra so I will direct my comments to the situation in general.
I am using the quote of U.S presidet Frankling Delano Rooselvet on the title of this post to convey that I don't believe that "fear " is the issue at hand. Let us not make the concept of fear the issue here. It has more to do with establishing a state of mind that is positive and open to learning. One thing is to ask questions of the SRCD method and the other is to question the SRDC method. The premise here is to put aside our egos and work towards our own financial success and that of others. Deleting posts that sabotage our efforts and confuse newcomers is critical to the success and effectiveness of this thread...to ignore them and allow them to saturate this thread can be very detrimental; to a point that Master OR may choose to end his teachings. Learning requires an environment where self discovery turns concepts into skillful applications that we can use in all endeavors including making $$$$$ in the Forex Market.

Thank you for speaking your mind in a positive and respectful manner

Quoting MrFuture
Everybody in here knows how much I like this method and how serious I am about posting my results/experiences.

I believe that OR is doing a great job and I am very thankful for his generosity.


However, ladies and gentlemen, I cannot be a complete liar. I did read Chandra's post before it was deleted and there was nothing, nothing on it that was offensive or negative. Actually, he asked questions that pretty much a lot of people want to know but maybe fear to ask.

I do not want to take sides 'cause I am enough old to do that, BUT, this thread cannot turn into a censorship frenzy everytime somebody comes up with questions/issues.

Trust me when I say this, but I have seen many beautiful threads on the web turning into nigthmares as soon as people started deleting every post that contraddicted with them.

It is not democratic at all.

Why not just ingore the posts you consider offensive and avoid answering to them ? Isn't that more mature and less stressful ? You do not like it, you do not agree with it.....then just ingore it, as simple as that. It saves you the time to answer and argue and the time to delete a bunch of posts.

If your system is great, and I am convinced of that, then why fear some comments that may doubt its efficency ? Trust me, if it works, people will know it by trying it on their own. Their are not going to be influenced by somebody's post in here, not at all. So why the censorship ?

I want this system to reach its full potential and I want people to be free to discuss it. Discussion allows for doubts, and that's inevitable and heatlhy, 'cause it stimolates thinking and improvement.

If you have nothing to fear, then don't fear it at all and continue doing what you are doing 'cause you are great, great at it.

Thanks for everything.

Future
All 4 1 and 1 4 All
  • #1,195
  • Jan 21, 2007 11:53am Jan 21, 2007 11:53am
Quoting 4rex
My fellow Mr. Future

I did not see the deleted post by Chandra so I will direct my comments to the situation in general.
I am using the quote of U.S presidet Frankling Delano Rooselvet on the title of this post to convey that I don't believe that "fear " is the issue at hand. Let us not make the concept of fear the issue here. It has more to do with establishing a state of mind that is positive and open to learning. One thing is to ask questions of the SRCD method and the other is to question the SRDC method. The premise here is to put aside our egos and work towards our own financial success and that of others. Deleting posts that sabotage our efforts and confuse newcomers is critical to the success and effectiveness of this thread...to ignore them and allow them to saturate this thread can be very detrimental; to a point that Master OR may choose to end his teachings. Learning requires an environment where self discovery turns concepts into skillful applications that we can use in all endeavors including making $$$$$ in the Forex Market.

Thank you for speaking your mind in a positive and respectful manner


Once again 4rex you handle the situation will skill and tact.

With all respect Mr Future,

It is your opinion that these posts were not offensive but to me they were. The references to Oranges method flying in the face of conventional wisdom from the likes of Warren Buffett, etc.

I had suggested we get back to the work of SRDC I, but it was hard to do with post after post by Chandra insulting our teacher.

It is Orange's decision and only Orange's as to what gets deleted and what stays. Orange has always allowed people to question his methods as long as it is respectful. Obviously he felt insulted and isn't that what is most important. When he stops teaching you for free, maybe some will wake.

Traderbill
  • #1,196
  • Jan 21, 2007 12:27pm Jan 21, 2007 12:27pm
Quoting skyline
From your explanation it seems clear to me that you losed those 2 trade due to some big news that did occur when your orders was triggered and suddendly slippage and spread was increased by your broker leading to losses. This is a normal situation that all brokers do.
So next time my advice for you is that you take a look at first page of ForexFactory to see if some big news will occur during day (the red ones are the most dangerous).
I don't disagree with what you are saying, but I do believe that it is not "normal", and that if you accept it as normal, then you are allowing your broker to legally steal your money. I've been researching this and there are brokers that allow you to work around the news issues. I like SRDC I because it works, and more importantly because you can set the trade and allow it to work by itself so I don't have to babysit the trade. Just because news is comig out, it shouldn't give my broker the right to cheat me.

I have found another broker that allows you to use entry stop orders with limts. As an example, I can choose to set my stop order with a limit of any number of pips I want in slippage. That way, If the news causes a 50 point gap, then my order won't be activated. This broker also gives you the ability to allow your stop loss and target profit to float with the entry, so if you do get 50 points of slippage, your stop loss moves with the slippage as well, along with your TP too. As an example, let's say that my entry order is 1.0000, with a 50 point SL and 10 point TP. If prices gap to 1.0050, my TP and stop loss will move by 50 pips as well.

If I had been using this broker during the big gap in the GBP/USD when they had the interest rate hike, my huge loss would have paid me my normal 10 pip gain, and the loss I took on Friday due to the broker increasing the spread would never have activated and I would be up about 30% in my account right now, rather than nursing my losses. Just because it seems normal with most brokers to have slippage, you don't have to accept it. Search around and see what else is out there.

I have not traded this broker yet live, but I do know for a fact that they have these order types and that others are happy trading with them. Many people don't like this broker because of their charting issues, but I can use MT4 for charts. I just want the ability to control my destiny and their trading system allows that. Had I been trading with them previously, it would have changed my situation to 100% wins with SRDC I up until now. My original $5,000.00 account would be worth around $7000.00 rather than the current $3,400.00.
  • #1,197
  • Jan 21, 2007 12:43pm Jan 21, 2007 12:43pm
Quoting Traderbill07
When he stops teaching you for free, maybe some will wake.

Traderbill

I am sure he is much smarter than that. I really don't see OR turning into another Vegas who used his "generous" and "free" teachings just to turn them into a sales pitch to his subscription website that followed. Yet look at Vegas' thread now, most people are complaining and bitching about his lack of service (and refunds!).

I truly belive OR has a generous motive and I truly hope he will not go in that direction. Not for me, but for him 'cause it will only give him more problems (operating a pay website is a mess). I already know how the system works and I do not need anybody to give me signals or any other crap that I have to pay for.

Let's keep focused on this great system and let's simply ignore what must be ignored.

Peace
"Lunch ? Lunch Is For Wimps !"
  • #1,198
  • Jan 21, 2007 12:56pm Jan 21, 2007 12:56pm
Apologies accepted.

I dont mind constructive critism even comments, but hear this, FREEDOM of expression is not to be abuse. A healthy learning and asking questions must be positive.

Gentle Reminder to everyone: Forex is a huge Industry. Its not your ordinary business. Its not suppose to be available to the masses but the Internet Era has changed that. Please take this business seriously, gearing towards success and significant. SO YOU THINK YOU KNOW FOREX ALREADY? NO, YOU DONT!! A new mindset is necessary, otherwise it will be just a waste of time. I came from Asia and train by a Japanese mentor who train me with discipline and respect.

In Asia, we respect our teachers. We trust them 100%. When we don't trust them, then we don't follow them and we don't make any bad comment. SIMPLE. Since I started this thread, I would like everyone to follow these rules. Its the only way I know how to teach and the only way I know for a trader to succeed. When anybody have a problem with this, then goto other threads and teachers that permits your style of democracy and rules.

I expect discipline.

I AM NOT ON TRIAL HERE. YOU ARE!!

Therefore, have a taste of Asian style of teaching and respect. Please have fun and say anything you like, but within limits and boundaries.

Now, where were we? Oohhh... SRDC... Yes. Let me teach you how to make money in Forex free of charge!!

Let the learning continues....

Quoting Chandra
Dear Ornage Roshan and Trader Bill,
Permit me to post this, please.

I am shocked to note how my postings have offended both of you. I never meant to insult or disgrace you. I was not rediculing your hard work at all! On the other hand, I greatly repected your efforts. If you go and see a couple of my previous postings, you will notice how much I have respected your intellignece and the service you are doing for others. If I have hurt your feelings or talked to you disrespectufully or have taken your valuable time to answer my basic simple questions, I am sorry about it.

I have come from a cultural background may be different from others and so might have failed to understand some of your comments and observations. When I wrote the lost couple of postings ( you have deleted those), I was overwhelmed by your wisdom answering some questions.(Like: how day chart is most suitable for this method of trading, how win to lose ratio do not apply to this methd, etc.). You were trying to drive the concept how this method is unique and how the conventional norms need not be applied to trade this method successfully. I was all appreciative, believe me. I was not insulting you while I was excitedly appreciating your wisdom. Because of different cultural background, I might have inadvertently touched upon sensitive point and hurt your (and others) feelings. I apologize for that.

I entered this site only a few days back and started reading from the very fist posting. I posted some of my own doubts and got good response from the members of this site. Believe it or not, I respect the work done by you and others in this site. I feel that this is the only site that I have come across where people do not boast of their accomplishments. In this site, I see more intelligence, more hard work and no egoistic arguments, no "I-am-right-you-are-wrong experts".

Basically I am a humble man. Yes, I am a man, because my name confuses others whether I am a man or a woman. I think my two sentences in my previous two emails might have offended you. I do not remember those sentences in their exact form. I am not going to repeat them here. Please believe me when I was writing those words, I was over excited about the success of your efforts and the efforts of others in this site; I never meant to redicule you or others or your efforts or others efforts here. It is a lesson to me to learn how my views of appreciation could turn out to be disrespectful / insulting and annoying to others! I should learn a lesson here.

As time goes by, you will find I am a decent person and the wrong impression that my words made upon you was an accident and unintentional.

I will not waste your time any more. I will stop here. Also, I will not waste your time again by writing on this issue again.
Please post this so that others also know.
Thank you.
-Chandra
Change Your Thinking. Change Your Life - JD
  • #1,199
  • Jan 21, 2007 1:04pm Jan 21, 2007 1:04pm
Quoting MrFuture
It is not democratic at all.

Why not just ingore the posts you consider offensive and avoid answering to them ? Isn't that more mature and less stressful ? You do not like it, you do not agree with it.....then just ingore it, as simple as that. It saves you the time to answer and argue and the time to delete a bunch of posts.

If your system is great, and I am convinced of that, then why fear some comments that may doubt its efficency ? Trust me, if it works, people will know it by trying it on their own. Their are not going to be influenced by somebody's post in here, not at all. So why the censorship ?

I want this system to reach its full potential and I want people to be free to discuss it. Discussion allows for doubts, and that's inevitable and heatlhy, 'cause it stimolates thinking and improvement.

If you have nothing to fear, then don't fear it at all and continue doing what you are doing 'cause you are great, great at it.

Thanks for everything.

Future
Mr Future,

I read once that:

"One of the most important characteristics of the randomly-collected group is its comparative ignorance of fundamental facts of human behaviour... They should note that it needs no advanced diagnostician to see that people generally use the group for personal amusement in a thinly disguised manner. This is an unwitting act of hostility, in selfishness, towards more sincere members of the group."

Too deep? Possibly, but it explains many things. I would dearly like to discuss other aspects of group dynamics, especially related to the learning process, which would support Roshan's position, but it probably falls outside the scope of FF .

But, how much of this kind of behaviour would be tolerated within an educational institution, for example? I'm not pointing to the actions of anyone in particular here, but if you want to get a feel for why Orange is trying to care for his threads, there is much to consider. For example, ignoring 'things' can create as many, if not more problems than the original offence. But, such is the condition of the modern world and the modern way of thinking.

"Ignore it and it will go away." (Kinda reminds me of that other saying: You never know what you've got 'till it's gone...)



Regards,
  • #1,200
  • Jan 21, 2007 1:22pm Jan 21, 2007 1:22pm
Quoting MrFuture
I am sure he is much smarter than that. I really don't see OR turning into another Vegas who used his "generous" and "free" teachings just to turn them into a sales pitch to his subscription website that followed. Yet look at Vegas' thread now, most people are complaining and bitching about his lack of service (and refunds!).

I truly belive OR has a generous motive and I truly hope he will not go in that direction. Not for me, but for him 'cause it will only give him more problems (operating a pay website is a mess). I already know how the system works and I do not need anybody to give me signals or any other crap that I have to pay for.

Let's keep focused on this great system and let's simply ignore what must be ignored.

Peace
Yes, 4rex is right. Its not fear motivated but more on discipline. I dont need compliments, but I would expect respect. Respect for the effort that being put here to teach for FREE. Not asking silly questions and demanding an for answers like we are some kind of scam artists! Its insulting!

I didnt create this thread to be question. But rather to teach. Those who wants to learn and need serious help better behave when they want the teacher to teach.

I have over 100+ 1-1 student whom I teach for free (thru recommendations only), where the majority of them are now multi-millionaires. They don't get to this level by questioning the teacher but rather submiting themselves as they know, the teaches posses knowledge that they want to learn and practice. This is not a democracy. All the deleted post are signals to those who posted them that I don't agree with their attitudes.

In another words, don't come into my class when anyone think what i am teaching is rubbish. Anybody who want to come into this thread and question my method better have more than 10 years of experience and at least 8 digit equity as a start. Otherwise, I think its wise to shut-up and learn. Ive never seen a forum or a convention full of failures. Nobody is interested to hear from them!

All my three Episodes are priceless. At least, pay me with respect. Is that too much to ask?

Thank you.
Change Your Thinking. Change Your Life - JD
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