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  • #341
  • Feb 25, 2009 8:32am Feb 25, 2009 8:32am
Quoting Marsh
First of all, I have no bias towards him, I am just collecting facts. Aside from the losing positions earlier, he is holding this profitable trade and is collecting good money from it, there is not denying that. As far as "scalping the pip outta it", as far as I am concerned he is not doing that. He took a few positions early on and cut his losses short, but is banking on this large trade to carry him into profit. Looks like any old short term trending system to me.
I have NO BIAS, towards him either. But I had NO BIAS towards steelhead and actually defended him because I use a method that is quite like his and instead of "helping the noobs" he was sending out trade signals and selling them.

Shakes's trading is actually "God like" if his statements at the start of his thread are true and I AM NOT SAYING they are NOT TRUE merely pointing out how EXTREMELY DIFFICULT it would be and how unbelievably good and unique a trader would have to be to pull them off. AND that his statements on how he trades simply do not add up, seriously.

He says candlesticks are useless and then he uses them ? Huh ?

If he is a live trader Why would he even be holding a profitable trade on demo ? I could open up 20 demo accrounts across a load of different Metatraders and get a 300 pip winner.

I might forward test new ideas on demo but I am not doing any of my live trading on them, why would I ?

Isn't he using something like 15 pips as a stop loss? Thats a nice 20% trade . . . . .

I trade the Daily's and Weekly's and I only get a few 300 pip winners lol so I do not know what his "tape reading" rules are and his what his exit strategy is to allow him have such a high percentage of winning trades and then SOMEHOW have a 300 pip winner out of nowhere . . .
  • #342
  • Feb 25, 2009 8:39am Feb 25, 2009 8:39am
Man if I was trading like Shakes, there is no way in HELL I would be giving out the system to anyone.

I find it hard to keep up a journal (Not here, on another forum) On my 1HR, 4HR and Daily trades. Let alone have the time to keep two journals running, as well as taking time to "Scalp the shit outta it"

Has he introduced Pivot points in his trading now ? I thought it was black line only, and to be honest if I ever turned into a scalper (Which I am not and never will be, I look at enough charts as it is) there are seriously WAY MORE edges out there to use that are far better than that.

For the sake of everyone investing energy following him and investing in his thread i will HOPE that he is the real deal.
  • #343
  • Feb 25, 2009 8:40am Feb 25, 2009 8:40am
Hi..


well they were all so impressed with the live demo trading by Shakes ....I just cant keep up with reading his thread......but I think he was going to take a question and answer session after the trading.....answers , that will be something new for him....hope he does some study ..
  • #344
  • Feb 25, 2009 8:40am Feb 25, 2009 8:40am
Quoting wwwin
strickly candlesticks now no line chart for 1 hour
the heavy duty scapler have switched to candlesticks( LINE CHART IS CENTRAL TO HIS SYSTEM AS HE STATED)??? looks like he still switching HOLY GRAIL to HOLY GRAIL havent found it yet?? what a big contradiction this IS enough
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #345
  • Feb 25, 2009 8:42am Feb 25, 2009 8:42am
Quoting Angler
Hi..


well they were all so impressed with the live demo trading by Shakes ....I just cant keep up with reading his thread......but I think he was going to take a question and answer session after the trading.....answers , that will be something new for him....hope he does some study ..
My God give me a link so I can get some answers for myself.
  • #346
  • Feb 25, 2009 8:45am Feb 25, 2009 8:45am
Quoting Jigsaw
Lies ! That must be straight out lies because it's "black line only" according to shakes ! He's probably explaining to people how useless candles are ? That's what he must be doing I imagine.

Or he must be having a power cut ? . . .
LOL
  • #347
  • Feb 25, 2009 8:59am Feb 25, 2009 8:59am
Quoting wwwin
by my count he is even when counting spread, when u take commissions into account b/c it is an ECN, he finished down for the day. I am not too impressed considering that he averaged 452 pips a day when he was not being watched...that is the point, who wants to watch everyday...Also, 90% of the time he was using Candlesticks, which he recommened not to use..The times he scalped he got burned, he was saved by the last trade by holding for more than an hour. Marsh what do u show?
Hi wwwin,

at your personal request here some thoughts about my already posted demo-chart were I tried to double my account in some hours. And guess what? I did it today anew. This is to give you some evidence that it not only happens as a sort of luck or random trading but can be worked out in a systematic way. After this post I will also post the demo-trade from today were I again doubled the demo account. Hope this helps a little. Kind regards, joh


Essentially I am trading against myself. My latest record doubling a demo account was around 1 month. Before that a little bit longer. Now I could double a demo account in about 4 hours. By the way as I was writing to you I was also trading and sow good opportunities in doubling the account again witch I also did. I will send you the evidence


This is for me a very positive result. As far as I know the world record has been doubling an account about 25 times (2500%) in about one month, witch is really incredible but possible (Yes, we can!). It is at this moment for me a kind of forex sport, betting against myself.


It must be said that until now I have never blown up any real account I have had (one is almost 1 ½ years old). I have two real accounts. One of them (FXCM) has been up and down.

Actually what I do when trying to double or triple my account is in some way what one of the best scalpers world wide does: to get aggressive in winning phases. That’s the main “secret”. Here an interview with Paul Rotter:

(http://www.moneytec.com/forums/f33/worlds-most-successful-scalping-trader-14759/):

“Q: What are your strengths as a world-class trader and what are the differences between you and other traders?
A: I have the ability to get more aggressive in winning phases, to take bigger risks, and to scale back during losing times. This is contrary to human nature. The best thing is to have somebody around who is neutral to trading, who switches the screens off when a certain level of loss has been reached for the day.”

Of course there are other aspects that must be looked for: it is more easy to double your account in a trending situation than in a sideways one (But today I made it while the pair was in a sideways eur/usd). Also very important: when the trend goes your way you become aggressive witch means you try to trade as much lots as your equity allows you. So you must always look at your equity and from there buy/sell as much as possible.

So there is no secret at all. On the other hand I find that forex is maybe the most difficult marked to trade and – at least for me – one needs more then only several weeks/months to become a successful trader in the sense of having a positive balance each month/year. I know of some older newbies that begun very, very successful and after some months/years failed totally. So, a success at the beginning does not assure a success in the whole. It can be a sort of luck and can be dangerous if ones attitude turns out to be too confident.

As you can see I do not post a lot. This mainly because I am busy trading and learning myself. And I don’t think that I will ever finish with my learning because the market always changes and with new times you have to change your attitude towards such a “new” market. What I am looking for at this time are modes of scalping. Therefore I was interested in the way ShakesFX scalps. But now it has become at least for me evident, that this guy is not for real. He can’t even argue. When he is at the end of his rational attitude he uses kindergarten-arguments naming everyone that is skeptical about his supposedly “real” trades a “child”. But he even don’t notice that this sort of argument he uses is also childish. My preoccupation is more due to the sectarian behavior that his followers are showing: no one questions his trading “words”.

I have been day-trading – sometimes holding a position for 2 or 3 days. But in the last time I have become more interested in short trading. One problem that I see with trading is that you must learn by yourself in the sense of developing a personal style. So, any method is ok as long as you can incorporate that method and made it "your very specific way of trading". This is why I think that learning from others is not an easy task. Most newbies – I did that also! – try to copy word by word from really successful or alleged successful traders. Therefore I would never try to become a “trading teacher”. One can give only some general advices and that’s it. And even a deficient method (who can appreciate that some method is deficient?) can be very successful if the trader is willing to invest the necessary time and incorporate such a “deficient method” in his trader-personality.

PS.: I compiled - with the help of meta_editor - some scripts to buy/sell instantaneously and also one for closing all orders instantaneously. This is most important when trading with MT4. Otherwise you could not trade that way.



joh
  • #348
  • Feb 25, 2009 9:00am Feb 25, 2009 9:00am
hi...


So lets do a hand count here.....based on the trading today....do you think it is anything like what has been claimed in his thread....simple yes or no will do..


NO
  • #349
  • Feb 25, 2009 9:05am Feb 25, 2009 9:05am
Oh no no no, he held his last trade too long, now down also on the last trade., wow, he should have stuck to his method. He? He? It ain't so easy when u actually trade he? rather than just thinking what u would have done? even on a demo. Only chart now shown, all profit and positions screen disappeared but was long and price down 100 pips from high. Guys got to work it's been fun. Please come back.
  • #350
  • Feb 25, 2009 9:10am Feb 25, 2009 9:10am
wwin can you give me the link or have you to be logged on or something ?

Also have a look at this here . . .

He has a drawdown of 45 pips but has a SL of 15, HUH ?
  • #351
  • Feb 25, 2009 9:11am Feb 25, 2009 9:11am
Hi...

And the reason why we will always have trouble on forums like this...


a quote from the other thread...

"
this presentation by Shakes is wonderfulllll is incredible....and everything is LIVE
5 stars my friend...
Congratulations "

Someone has to be kidding......right...
  • #352
  • Feb 25, 2009 9:12am Feb 25, 2009 9:12am
hi wwwin,

here two screeshots from todays trades more than doubling the account. Just to give you an evidence that it can be done in shoppy markets and also be made in some hours - 4 hours this time. Regards, joh

All trades are from 02/25/2009. Look at time and date
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  • #353
  • Feb 25, 2009 9:12am Feb 25, 2009 9:12am
Huh ? Anyone notice this ?
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  • #354
  • Feb 25, 2009 9:13am Feb 25, 2009 9:13am
Quoting Jigsaw
wwin can you give me the link or have you to be logged on or something ?

Also have a look at this here . . .

He has a drawdown of 45 pips but has a SL of 15, HUH ?
yeah, I am not gonna watch anymore today. I am PM the link to u, is only good for today and only one person at a time, Tchao, give me 1 min to log out and get your PM thanks
  • #355
  • Feb 25, 2009 9:13am Feb 25, 2009 9:13am
Quoting johannnes
hi wwwin,

here two screeshots from todays trades more than doubling the account. Just to give you an evidence that it can be done in shoppy markets and also be made in some hours - 4 hours this time. Regards, joh

All trades are from 02/25/2009. Look at time and date
Of course it can be done, nobody is saying IT CAN'T be done.

I hope you can do it on your real account.
  • #356
  • Feb 25, 2009 9:16am Feb 25, 2009 9:16am
Quoting Jigsaw
Of course it can be done, nobody is saying IT CAN'T be done.

I hope you can do it on your real account.
We have never questioned Johannes
  • #357
  • Feb 25, 2009 9:17am Feb 25, 2009 9:17am
Max losses = 3 in a row

15pip stop loss

15x3 = 45 pip account drawdown.
All I ask for is a chance to prove that money cannot make me happy.
  • #358
  • Feb 25, 2009 9:21am Feb 25, 2009 9:21am
Quoting johannnes
hi wwwin,

here two screeshots from todays trades more than doubling the account. Just to give you an evidence that it can be done in shoppy markets and also be made in some hours - 4 hours this time. Regards, joh

All trades are from 02/25/2009. Look at time and date

Quoting wwwin
We have never questioned Johannes
Im going to question him....

is that really all the impressive though? for instance:

I'll open one demo Long EURUSD, open 50 Buy Orders at 40 standard lots
Open a second demo short EURUSD, open 50 sell Order at 40 standard lots


as long as the market didnt whipsaw in between, 4 hours from now I could easily have a doubled account.


it seems like thats all you did, all buy orders on EURUSD all within minutes of each other??

I'm not saying you didnt do it (obviously you did), but the fact I can easily replicate it just by opening 2 accounts shows me nothing.

If you want I will do the exact same thing to prove my claim.
  • #359
  • Feb 25, 2009 9:26am Feb 25, 2009 9:26am
Quoting wwwin
We have never questioned Johannes
hi wwwin, I am not saying that it was questioned! I know it was not. And that was also not my point.

You just asked me wwwin to say something about such trades. At the end it is nothing that would be so important. Just playing a little bit to see if the word record can be breaked regards, joh
  • #360
  • Feb 25, 2009 9:26am Feb 25, 2009 9:26am
also, i have to say WWWIN's avatar and slogan are hilarious.
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