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Eur/Usd scalping inspired by Shakesfx

  • #321
  • Feb 13, 2009 4:02pm Feb 13, 2009 4:02pm
Quoting petelearning
Hope that answers that and we can move on
It's fine that you're sharing financial details, Pete. If that's your choice. I just hope that no one feels like they have to disclose personal details in order to be deemed "legit". Everyone absolutely should have a right to privacy of their affairs. If you ask me they should maintain it strictly.

Looking at from another way:
Now we "know" your lot size. How does that help or affect what we do? Of course, I mean no offense at all to you! I guess that it just irks me when people are pressured into disclosure on the threads.
  • #322
  • Feb 13, 2009 4:12pm Feb 13, 2009 4:12pm
hi..

Welll the question of proof keeps comming up and rightly so..

assuming you dont want to post it on the threads.

Maybe an idea to get around this would be to post the document to a Moderator for them to verify the trades are as shown on the thread. I have a memory of this being done before.

And Pete if you are as you say...here to learn to trade and nothing more, I really dont see why the tough stance on not posting brokers details of the trades...I would think you would be excited to show that you are doing well using this method.. The arguement of " I dont have to prove anything " really does not wash...its not like its your method, your learning someone elses (or using ideas from it ).

This post probably applies more to Shakesfx(his method) than you Pete.....but still...works here also.
  • #323
  • Feb 13, 2009 4:12pm Feb 13, 2009 4:12pm
FXsurfer, itdoesnt affect me, but thanks for your comments.

If I do lose a trade badly, like a couple of times today, it is only 15 pips both lots/£30, not 15 pips/£3000 or whatever some people want to believe! Or if I gain 200 pips in a day/£200, people cant say oh look he won £20000 why is he bothering to post his trades when he has that much money?

Hoopefully, this shows I am just a novice trader. I have learnt from reading Shakes journal, and now am trying to use some of his methods in my trading. By starting this journal it helps me keep emotion out of the trading, and allows my a written record on my trades. It also allows me to have a decent discussion with other traders (except when I leave my thread and come back to find others arguing on it !). And hopefully it is another journal for others to learn off, which from most people's posts on here it does also seem to be, and that can only be good. Because lets face it we wouldnt be on here in the first place if were making millions at home! One day...
  • #324
  • Feb 13, 2009 4:28pm Feb 13, 2009 4:28pm
Quoting Angler
hi..

Welll the question of proof keeps comming up and rightly so..

assuming you dont want to post it on the threads.

Maybe an idea to get around this would be to post the document to a Moderator for them to verify the trades are as shown on the thread. I have a memory of this being done before.

And Pete if you are as you say...here to learn to trade and nothing more, I really dont see why the tough stance on not posting brokers details of the trades...I would think you would be excited to show that you are doing well using this method.....
Angler, I have a suggestion also. FXCM has a king of micro contest every month. If you have $500 or more equity in a micro account on the 1st of any month, you are automatically entered into the contest. The account with the highest profit % for the month wins $25,000.00 prize. I am sure that 8000 plus pips in a month would win the freaking contest each and every month. I would suggest that Shakes enter the contest beginning March 1. He will be announced by FXCM as the King on March 31, and that should stop all further scrutiny of results once and for all. If he does not want the $25,000.00 prize, he can donate it to his favorite charity. Second place would go to Peter, and he can donate the $10,000.00 award to charity too. What say u?
http://www.forexmicrolot.com/trading-contest.jsp
  • #325
  • Feb 13, 2009 4:30pm Feb 13, 2009 4:30pm
Hi..all


Pete from your previous post..

" Because lets face it we wouldnt be on here in the first place if were making millions at home! One day..."

This is everyones point exactly about ShakesFx.


WWWIN ......sounds like a good plan to me....donate it to this forum for a contest...
  • #326
  • Edited 4:43pm Feb 13, 2009 4:37pm | Edited 4:43pm
Quoting petelearning
Finally, so we are all clear, lot 1 is the same as lot 2. For me that is £1 a lot. .........
So no I am not becoming a millionaire but if I can reach my profit target of 200 pips a day, i.e £200 a day/£1000 a week, I will be one very happy bunny.

.............
Hi Pete,
I really admire your style - both in trading and also in being open about the money. I am also using IG, but often find response a little too slow, so was suprised that you manage OK for what I would call scalping. May I ask if you use their 'Advanced Charts' and 'trade through charts' or just 'Quick Charts' and 'One Click' ?

I would be happy to consistently get just half your target - after all being UK based and using IG it is all free of tax.

Currently I'm only live trading Joel Rensink's 2 public systems (just the opposite of you and Shakes) and have been in draw-down since just before Xmas. Even so it's not been too bad, at the peak my account was up 180% in just over 6 months. The worst I have had is 6 consecutive losing weeks, and using his systems you have to expect periods of >50% draw-down.

Green pips to you,
Ian

P.S. You might want to consider banning Angler and WWWIN. They contribute less than nothing.
  • #327
  • Edited 4:39pm Feb 13, 2009 4:37pm | Edited 4:39pm
angler and wwwin anymore posts about Shakes and I will ban you from this journal. please keep your comments constructive.

happy to show you screenshots of my trades once a week if you are still not convinced.

$25000 looks interesting, why dont we all enter!
  • #328
  • Feb 13, 2009 4:46pm Feb 13, 2009 4:46pm
Hi...


yes please Pete.....post a screen shot of the brokers details so we can match the trades..

You would only need to do this once....then all debate is over

So if you can post this weeks trades would be good...makes things clear...


And to be fair....thats all anyone has been asking and this could have been sorted out ages ago.
  • #329
  • Feb 13, 2009 4:47pm Feb 13, 2009 4:47pm
Quoting petelearning
angler and wwwin anymore posts about Shakes and I will ban you from this journal. please keep your comments constructive.

happy to show you screenshots of my trades once a week if you are still not convinced.

$25000 looks interesting, why dont we all enter!
ok, I agree to enter and open a micro just for that. Merlin can verify the accounts. I need competition though and I want the best, I want to compete against the best.

PS. I don't see how contributing $25,000 to charity is not constructive.
  • #330
  • Feb 13, 2009 4:57pm Feb 13, 2009 4:57pm
wwwin, I actually think it's a good idea.

How about I create a different Client Sub account, say with £1000 and who ever wishes to watch my trades can login and check for themselves? It won't be with FXCM.

This would mean I could just trade my platform whilst clicking on a seperate platform screen window (I would still need to trade my proper account alongside it as normal) instead of typing the trades in the forum. I use an ECN, but for this purpose I would use a Market Maker due to ease of sub account access by others to watch live.

I would then post my results at the end of every week and close it after 30 days. No competition, no prize money, no cost to others, my cost, just me and my trades?

What do you think?
  • #331
  • Feb 13, 2009 6:10pm Feb 13, 2009 6:10pm
Quoting shakesfx
wwwin, I actually think it's a good idea.

How about I create a different Client Sub account, say with £1000 and who ever wishes to watch my trades can login and check for themselves? It won't be with FXCM.

This would mean I could just trade my platform whilst clicking on a seperate platform screen window (I would still need to trade my proper account alongside it as normal) instead of typing the trades in the forum. I use an ECN, but for this purpose I would use a Market Maker due to ease of sub account access by others to watch live.

I...
GREAT IDEA. Please PM me with the log in ID and the PW to the sub account. Have a great weekend.
  • #332
  • Feb 13, 2009 6:37pm Feb 13, 2009 6:37pm
Quoting wwwin
GREAT IDEA. Please PM me with the log in ID and the PW to the sub account. Have a great weekend.
Have Pm'd you Further details are on my ShakesFX thread.

All the best, have a great weekend.

Regards

Shakes
  • #333
  • Edited Feb 14, 2009 4:45am Feb 13, 2009 8:43pm | Edited Feb 14, 2009 4:45am
"You can fool some of the people some of the time and all of the people some of the time, but you can't fool all of the people all of the time."
Abraham Lincoln
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #334
  • Feb 13, 2009 11:11pm Feb 13, 2009 11:11pm
I wanted to say something, but all I had to say were mean things to WWWin. The end, good night.

Pete, keep up the good work man. Best of luck to you.
  • #335
  • Feb 15, 2009 4:22pm Feb 15, 2009 4:22pm
pete im hope you do not let all these distractions get to you and your trading. what you are doing is great for learning about shakes method on EURUSD.

have a great trading week and looking forward to learning more from your journal!
  • #336
  • Feb 15, 2009 5:03pm Feb 15, 2009 5:03pm
Quoting tth
pete im hope you do not let all these distractions get to you and your trading. what you are doing is great for learning about shakes method on EURUSD.

have a great trading week and looking forward to learning more from your journal!
Well said tth !

Pete.: I am amazed at the abuse that you and Shakes have received from various people over the last few days ... I look forward to seeing your success in the next week.... the doubters will soon drift away and find someone else to have a go at!
  • #337
  • Edited Feb 16, 2009 4:43am Feb 15, 2009 10:31pm | Edited Feb 16, 2009 4:43am
Hi all...


Pete..you offered to post a brokers summary of your trades....I thought it may have been done over the weekend....but no...

Is is possible to post it before your trading starts for the week...so we can keep the report week separate...

Happy trading today..

If asking for proof of ABNORMAL trading results is a blocking offence....its time others be very careful.
  • #338
  • Feb 16, 2009 2:33am Feb 16, 2009 2:33am
ok off out till about midday, then I shall be back to doing some trading
  • #339
  • Feb 16, 2009 6:32am Feb 16, 2009 6:32am
very slow market today, anyway lets start:

Sell 1.2759
  • #340
  • Feb 16, 2009 6:38am Feb 16, 2009 6:38am
TP of +10 (sell price 1.2747, buy back price 1.2749) hit on 1st lot, move SL to B/E i.e. 1.2757 on 2nd lot (buy back price 1.2759)
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