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Ultimate Successful Trading Technique

  • #101
  • Mar 24, 2007 2:24pm Mar 24, 2007 2:24pm
Where did I say I had a success rate of 100%?

If you re-read, you will see I stated that my success rate is roughly 30-40% and I'm well in profit.

Kind Regards
Steve

Quoting Nybegynner
You have to be smoking crack!

If I had a method with 100% success, I would be a filty rich man in no time. Bill Gates would dump all the microsoft stocks to buy this system from me, but i would just laugh at the poor man because there is no way he could afford it.


Whats up with people here?

If your system had a hit rate of 100% you would not need any money management or consistency. You would just use ALL your money and leverage it up AS MUCH AS POSSIBLE and make a killing every time you felt like it between the chicks and the beach time.
  • #102
  • Mar 24, 2007 2:25pm Mar 24, 2007 2:25pm
Ahh... the ancient art of "show compassion for what I believe in and to HEdouble hockey sticks with the rest."
Freedom of expression for those that I think can help me and shut everyone else down.

I'm sure Zeekans is pondering his next post as well he should. This thread has progressed to the point that if Zeek cannot perform @ 100%, then some may lable him a Shylock.

Geez guys. give him(?) a break. As long as he doesn't break an FF Rule, let him take as much time as it takes. I don't think FF is going to be out of existance before there is a resolve to this conflict.
  • #103
  • Mar 24, 2007 2:32pm Mar 24, 2007 2:32pm
Quoting steviet
Where did I say I had a success rate of 100%?

If you re-read, you will see I stated that my success rate is roughly 30-40% and I'm well in profit.

Kind Regards
Steve
I never said you did claim a 100% hitrate.
  • #104
  • Mar 24, 2007 2:37pm Mar 24, 2007 2:37pm
Quoting Cobra
Would you be on the top 400 list if you had only 58 winning trades in a row? I don't think so.


No, but would be within a few years.
If you claim a 100% system, you should have atleast traded it for a few years. If you have not traded it for that amount of time, you don't know if it's 100%

Even after a couple of years you dont know.

You can't know what the future brings, it's that simple.
  • #105
  • Mar 24, 2007 2:42pm Mar 24, 2007 2:42pm
Eh?

So what was the reasoning in quoting me then?

I may smoke but it certainly isn't crack (or didn't you say that either)

Quoting Nybegynner
I never said you did claim a 100% hitrate.
  • #106
  • Edited 4:53pm Mar 24, 2007 2:47pm | Edited 4:53pm
Quoting Cobra
Would you be on the top 400 list if you had only 58 winning trades in a row? I don't think so.
While I admit a healthy skepticism concerning the anecdotal claims of any trader, I also would like to point out the false logic of the dogmatic skeptic. Because the dogmatic skeptic has an illusory sense of ingrained certainty about subjects which they don't have knowledge about, which basically includes everything that they aren't certain of, they often resort to illogical and invalid forms of argument to try to justify their illogical assertions of certainty or extreme skepticism.

Example 1: The dogmatic skeptic says that there is almost certainly no intelligent life off of this planet. When questioned further, it turns out that the only valid evidence that would ever change their mind would be if they were personally transported by a strange looking being in an advanced spacecraft to a distant planet and be allowed to explore it. Any testimony, observations, physical evidence, signal or communications from space, telescope imagery, scientific argument or other evidence would be insufficient, no matter from whom, what it is, how frequent or volumnuous, to alter their viewpoint. It is plain that they have a fixed belief, and nothing could change it except a sharp blow to the head.

Example 2: Some people uncover strong evidence of a criminal conspiracy. The dogmatic skeptic asserts that the theory is implausible (they haughtily label it a "conspiracy theory"), because if it were true, they maintain, then that implies that there are many criminals in society, which they imply is unlikely, and furthermore maintain that if it were true then one or more of the conspirators would have gone to the press and confessed their criminal acts (which is also unlikely), and then the press would have published these confessions (which is not only unlikely, but probably illegal).

Example 3: The dogmatic skeptic says that if someone discovered a high performance trading system, then they would instantly become a billionaire. If they aren't listed already in the public list of the wealthiest people in the world, then they obviously haven't discovered a highly successful trading system. This argument is patently untrue on several counts. Just for one, we don't know the name of the person who started this thread, so we don't know whether his or her name is on the official list of rich people. Furthermore, only a naive person believes that the official list of rich people includes all the rich people in the world. Most rich people hide behind trusts, foundations, etc. and don't advertise their wealth.
  • #107
  • Mar 24, 2007 2:55pm Mar 24, 2007 2:55pm
Quoting steviet
Eh?

So what was the reasoning in quoting me then?

I may smoke but it certainly isn't crack (or didn't you say that either)
This is what i didnt like:

Quote
What I'm trying to say is that you can just as easily make the same amount of money with a 30%, 40% or any other % success rate with the right system

Im not saying that you cant become a trillionary with a 30% hitrate, but as easily?

No way.
  • #108
  • Mar 24, 2007 3:00pm Mar 24, 2007 3:00pm
Quoting Cobra
I see no reason why any trader should be forced to give away his or her winning strategies. There is no rule in this forum as far as i know which forces any participant here to share his or her strategy just because a moderator thinks it should be done. Zeekans said that he will call trades so that traders could start building confidence in him. It seems as if nobody wants to give him a fair chance here. Thanks smjones for killing this thread. What seems pointless to you might not be pointless to others...

It is very funny that as soon as a trader in this forum starts talking about trading in a way totally different from what the books tells us to, it then gets shooted down straight away.

It is also funny that those trading according to the books ( strictly technical or fundamental) belongs to the 90% losers.
Please reread my post. I did not say he had to give out his method. I said I wanted to know his intentions. If he was selling something... Perhaps I have a little more information than you do... as he has already contacted me on this matter before starting this thread. All I want is a clarification which so far he has not provided.
  • #109
  • Mar 24, 2007 3:05pm Mar 24, 2007 3:05pm
I think this thread has sort of lost its way.

The only thing I would like to see is some sort of journal type thread by zeekans showing some of his trades in real time more or less. He doesn't have to disclose his system if he doesn't want to, but showing some trades would be good.

There's no reason for people to be rude or go off on tangents unrelated to this thread. If it really bothers you, just ignore the thread.

But what I don't understand, is why would someone start a thread like this, if they're not ready to share something. He could've just waited until he was "ready" to share some trades and then start the thread. These type of posts just upset people most of the time.
And I, like most of you, I'm not convinced until I see some proof. But I won't be losing sleep over it.
  • #110
  • Mar 24, 2007 3:09pm Mar 24, 2007 3:09pm
OK, fair enough - maybe the millionaire traders I read about in 'New Market Wizards', (most of whom are happy with a 30/40% success rate) are wrong then.

If you are a longer term trend trader then these figures are more than acceptable. % success rate does not matter as long as the losers are relatively small in comparison to the winners.

I'm currently averaging just under 5% a month, which compounds to over 75% a year. Now, I'm only a relative newbie but every trade I've made live has been posted here at FF, good bad and ugly.

Quoting Nybegynner
This is what i didnt like:



Im not saying that you cant become a trillionary with a 30% hitrate, but as easily?

No way.
  • #111
  • Mar 24, 2007 3:27pm Mar 24, 2007 3:27pm
Quoting steviet
OK, fair enough - maybe the millionaire traders I read about in 'New Market Wizards', (most of whom are happy with a 30/40% success rate) are wrong then.

If you are a longer term trend trader then these figures are more than acceptable. % success rate does not matter as long as the losers are relatively small in comparison to the winners.

I'm currently averaging just under 5% a month, which compounds to over 75% a year. Now, I'm only a relative newbie but every trade I've made live has been posted here at FF, good bad and ugly.

Relax Im not saying it's anything wrong with the way you trade or the hitrate.
Im saying it wont be as easy as if you had a 100% hitrate system (if it was such a thing)

You operate in the real world, and the 100% hittrate operate in the imaginary world.

If you had a 100% hitrate, you would not need disepline, consistency or anything. You could just take a few trades when not being bussy on the beach. And it would be just flat out easy, you would winn every time.

But you, like the rest of us living in the real world, actually have to work for it.

It's the "as easily" part I don't like. Saying that, Im 99% sure your way of trading is -better- than a system claiming 100%.
  • #112
  • Mar 24, 2007 3:35pm Mar 24, 2007 3:35pm
OK, I'm relaxed now

I think all we would like to see is the thread starter to start his/her own journal with actual live trades and we can all stop speculating lol.

As moneybags and a few others have said, what was the point of starting the thread at all unless the writer intends to post some live trades in a journal. They don't even have to say diddly squat about the system - it just seems pointless starting a thread with such a title without actually following up with something.

Anyhow, it's Saturday night - time to chill out.

Kind Regards
Steve

Quoting Nybegynner
Relax Im not saying it's anything wrong with the way you trade or the hitrate.
Im saying it wont be as easy as if you had a 100% hitrate system (if it was such a thing)

You operate in the real world, and the 100% hittrate operate in the imaginary world.

If you had a 100% hitrate, you would not need disepline, consistency or anything. You could just take a few trades when not being bussy on the beach. And it would be just flat out easy, you would winn every time.

But you, like the rest of us living in the real world, actually have to work for it.

It's the "as easily" part I don't like. Saying that, Im 99% sure your way of trading is -better- than a system claiming 100%.
  • #113
  • Mar 24, 2007 3:59pm Mar 24, 2007 3:59pm
Quoting itme
While I admit a healthy skepticism concerning the anecdotal claims of any trader, I also would like to point out the false logic of the dogmatic skeptic. Because the dogmatic skeptic has an illusory sense of ingrained certainty about subjects which they don't have knowledge about, which basically includes everything that they aren't certain of, they often resort to illogical and invalid forms of argument to try to justify their illogical assertions of certainty or extreme skepticism.

Example 1: The dogmatic skeptic says that there is almost certainly no intelligent life off of this planet. When questioned further, it turns out that the only valid evidence that would ever change their mind would be if they were personally transported by a strange looking being in an advanced spacecraft to a distant planet and be allowed to explore it. Any testimony, observations, physical evidence, signal or communications from space, telescope imagery, scientific argument or other evidence would be insufficient, no matter from whom, what it is, how frequent or volumnuous, to alter their viewpoint. It is plain that they have a fixed belief, and nothing could change it except a sharp blow to the head.

Example 2: Some people uncover strong evidence of a criminal conspiracy. The dogmatic skeptic asserts that the theory is implausible (they haughtily label it a "conspiracy theory"), because if it were true, they maintain, then that implies that there are many criminals in society, which they imply is unlikely, and furthermore maintain that if it were true then one or more of the conspirators would have gone to the press and confessed their criminal acts (which is also unlikely), and then the press would have published these confessions (which is not only unlikely, but probably illegal).

Example 3: The dogmatic skeptic says that if someone discovered a high performance trading system, then they would instantly become a billionaire. If they aren't listed already in the public list of the wealthiest people in the world, then they obviously haven't discovered a highly successful trading system. This argument is patently untrue on several counts.
I am curious how you trade...I am still "finding my trading personality" and that's why I look at just about everything new that comes along.

You are obviously very intelligent judging by the content of your posts.

Are you more long term or intraday?

Thank you for your contributions
  • #114
  • Mar 24, 2007 4:27pm Mar 24, 2007 4:27pm
There is something to be gained from any conversation, such as this topic.

And it is for any newbie to learn to live in REALITY.

Be real about your expectations.

A) Have a timeframe to accomplish learning proper skills (realistically years).

B) Have sufficient trading funds + living expenses.

C) If you plan on system trading, then time to develop and test will be needed.

D) If you are live-trading always plan for the worst, meaning have a stoploss (actual or mental).

There are many many others. For traders who can't develop and stick to their own rules, then they don't have what is needed most: discipline.

As for a 100% successful system. It is theoretically possible. But the markets don't care about theories.
  • #115
  • Edited 4:59pm Mar 24, 2007 4:42pm | Edited 4:59pm
Mr. Zeekans, can you change your thread name and your first post of the thread. I dont care if your system is 100% accurate or near 100%. You should know how people will react with your above statement(skepticism, greed, envy, etc, etc).

Congratulation for your 58 straight winners, but there is MORE TIME NEEDED in order to proclaim a 100% Successful Trading Technique. Having 1 losing trade for every 50+, 100+, 1000+ trades isnt bad at all. Just stick to your Money Management and relax.

You can start a journal and post your entries with SL TP and demostrate the validality of your system (without revealing it). Even if there is any losing trade , the only thing that you can lose is the PRIDE, but you still have a high prob winning system that makes money for YOU only requiring 30 min of your day.
  • #116
  • Jun 6, 2025 12:01pm Jun 6, 2025 12:01pm
Hi everybody,
I have just seen this thread now (2025).. Wow! It's been 18 years, and nobody followed this thread anymore.
Just to cut long-story short, it is not impossible to have the ultimate trading technique. Maybe not 100% winning, but 99% could do..
I am trading on scalping method, I could make 5-10% profit daily.. Sometimes reached up to 30% profit. Thank god I did it.. Discipline is the most important thing to fulfill.
I started with $30, could make up to $167 after 9 days trading.
Real-micro account. True story...
  • #117
  • Jun 24, 2025 9:34pm Jun 24, 2025 9:34pm
Quoting atuque1
Hi everybody, I have just seen this thread now (2025).. Wow! It's been 18 years, and nobody followed this thread anymore. Just to cut long-story short, it is not impossible to have the ultimate trading technique. Maybe not 100% winning, but 99% could do.. I am trading on scalping method, I could make 5-10% profit daily.. Sometimes reached up to 30% profit. Thank god I did it.. Discipline is the most important thing to fulfill. I started with $30, could make up to $167 after 9 days trading. Real-micro account. True story...
If you would trade on Gold , which session you love to trade?
  • #118
  • Jun 26, 2025 7:18am Jun 26, 2025 7:18am
Quoting BDfx77
{quote} If you would trade on Gold , which session you love to trade?
If I trade on Gold, I would like to start monitor trade on Australian Open time (9pm GMT). Bcos AUD move when Gold move.. Mostly..
  • #119
  • Last Post: Jan 19, 2026 7:00pm Jan 19, 2026 7:00pm
Alright, that sounds interesting. I have never heard of a 100% win rate in my life, and still I don’t believe you, I need proof. But anyway, let me just imagine your scenario and tell you what I would do.
I wouldn’t post about it online, especially the strategy itself. Yeah, call me greedy, whatever, I don’t care, but I would keep that strategy only for me and people that surround me as I want my fam to win as well. That’s it, I would just stack up money from my 9-5 salary and grow a big capital over the years. No need to tell anyone, only closed ones (IF you want to)
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