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4,153 Pips In 11 Trades On The GBP This Year 20 replies

4,153 Pips In 11 Trades On The GBP This Year

  • Post #1
  • Quote
  • First Post: Nov 18, 2005 11:11pm Nov 18, 2005 11:11pm
Hi I'm new to the forum and couldn't help but notice the exaggerated claims made by hiyosilva2000. I'm interested in the the truth. I challenge you to put your statements in photoshop delete out your account and post them here on forexfactory. If you really have made the returns you claim congratulations. If you haven't you should be banned from this site. That's my opinion.
Quoting daveander
Hi I'm new to the forum and couldn't help but notice the exaggerated claims made by hiyosilva2000. I'm interested in the the truth. I challenge you to put your statements in photoshop delete out your account and post them here on forexfactory. If you really have made the returns you claim congratulations. If you haven't you should be banned from this site. That's my opinion.
i have not been following this real close so maybe i am out of touch with hiyo's thread. is hiyo saying that this system has generated these results over the time period mentioned or is he saying he has personally achieved these results. just curious.
Quoting daveander
Hi I'm new to the forum and couldn't help but notice the exaggerated claims made by hiyosilva2000. I'm interested in the the truth. I challenge you to put your statements in photoshop delete out your account and post them here on forexfactory. If you really have made the returns you claim congratulations. If you haven't you should be banned from this site. That's my opinion.
Hey Dave, I presume it's dave :-) Hiyo is not exaggerating anything. These are real results on th charts not in his account. If you were to read his posts you would understand that, if you have not read through his posts entirely you should not be making these statements.

4153 pips on the charts in trades is nothing in a year.It's being able to have a system whereby you can extract that into your live account. Hiyo is working on that as he has stated. Email him and look at the charts, the charts don't lie.

Just a thought but posting ones account means nothing, my demo and live accounts both appear the same, So when I trade my $50k demo to $500k
it's irrelavent. I can say my superduper trading system will make you a millionaire but it most likely will not. Give the same system to 10 traders and you will for sure get 10 very different results. Just my experience.

We should not chastize someone for pointing out this wonderful markets potential. My signals have given out massive amounts of pips like Hiyo's he's just a bit braver than me in sharing them as he has found out people seem to get upset when shown some potential rather than the 10 pips a trade. Which by the way is nothing to sneeze at when diligently produced day in and day out it can be a rather nice living:-)

Exponential
Quoting daveander
Hi I'm new to the forum and couldn't help but notice the exaggerated claims made by hiyosilva2000. I'm interested in the the truth. I challenge you to put your statements in photoshop delete out your account and post them here on forexfactory. If you really have made the returns you claim congratulations. If you haven't you should be banned from this site. That's my opinion.
And you are entitled to your opinion and to express it. Welcome to the forum. Looking forward to your contributions. -- hiyo
The point I'm trying to make is he should be making money with his system. I don't care what he does on a chart. I want to see what his profits are and also what his drawbacks are.
I see no problem with this. I realize many people struggle to make 10 pips a day. However, there are many traders who have many years of experience who make 200+ pips a day but fail to ever brag about it. Are they to blame or to admire?

On Friday the experimental system (pip buffet) we have been discussing in the chat room generated 180 pips on the EUR alone within the majority of the day. Of those, I claimed 120 because I was pulled away several times for real world work. If I hadn't been, there is a good chance I would have claimed the full enchilada.

I made mention of it to no one in the chat room other than "Trading has been great today" for apprehension of discouraging new traders who may have been having a bad day and are feeling they are somehow not cut out to trade; and really don't want to hear someone say, "WOW! I made 120 pips!". Fortunately, most are excelling on the average, but we all have bad days.

Hiyo is pointing out what is possible. If he has claimed those himself, GREAT! then there is meat behind the menu item!

Almost everyone here seems to semi-idolize some forex or market person of stature. I believe the reason for this is because you have absolutely no contact with those people whatsoever. It's much easier to claim this person is great and their writings are great when you've never met them and cannot be responsible if they are proven wrong.

God forbid you support hiyo only to find out he has been lying! How would you look then?!! Lynch him now before he proves he's right!
Capital Preservation is key to long term wealth accumulation
You guys just don't get it. Real traders don't care what your demo accounts do. Or what you made in a month's time off of your demo system. Most professional traders want to see what your results are on a real account with real money. Go to a hedge fund with hiyo's little practice results and they are going to laugh at you. Just like everyone on this forum should be laughing at him.

Even if someone got lucky and went on a winning streak with trading it doesn't mean anything. I want to see what they did in the last two or three years of trading. I don't care what they did in 11 trades. That doesn't prove anything. I've been trading for two decades. I'm retired now. I trade for fun now. I used to trade for a hedge fund and I' m here to tell you that hiyosilva is a complete fraud. I've seen tons of them in my time. If you were such a great trader with such a great track record you would be working for a hedge fund not hanging out on some forum trying to get people to buy your system that you yourself haven't made any money with. Give me a break.
Quoting daveander
You guys just don't get it. Real traders don't care what your demo accounts do. Or what you made in a month's time off of your demo system. Most professional traders want to see what your results are on a real account with real money. Go to a hedge fund with hiyo's little practice results and they are going to laugh at you. Just like everyone on this forum should be laughing at him.

Even if someone got lucky and went on a winning streak with trading it doesn't mean anything. I want to see what they did in the last two or three years of trading. I don't care what they did in 11 trades. That doesn't prove anything. I've been trading for two decades. I'm retired now. I trade for fun now. I used to trade for a hedge fund and I' m here to tell you that hiyosilva is a complete fraud. I've seen tons of them in my time. If you were such a great trader with such a great track record you would be working for a hedge fund not hanging out on some forum trying to get people to buy your system that you yourself haven't made any money with. Give me a break.


daveander,

On what evidence can you support your statement that hiyo is trying to get people to buy his system?

Have you thuroughly read his posts from their beginings or did you just jump in with an uninformed opinion?

If you will take the time to do the research, his posts will stand on their own, the facts are there, he is not hiding a thing.

Your experience is to be respected as well as your opinions. There are some people on this forum that are benifiting from hiyo's posts and the information that he is providing. I am one of them. I have stated many times in various threads that I value the input from all contributors that post information with the intention of helping others. What possible benifit to my trading skills development does this thread that you have you started to discredit hiyo have for me or anyone else on this forum?

mpotis
"You can make money or you can make excuses, you can't do both". unknown
I love credible trading systems. I think they can truly help people. But when people make claims that they've made all this money off of 11 trades they themselves lose credibility.

If I was looking for a hedgefund to invest in or a trading system I wouldn't look for the guy that made a 100% return in one year or a guy that made a large return off of 11 trades. I would look for the system or the hedge fund that made safe conservative consistent returns for two to three years with minimal drawback. If someone is going to hop on a forum and say HEY LOOK AT ME I just made all this money off of 11 trades I would laugh at them. That shows me nothing. They doesn't show me anything regarding money management or proper execution of trades.

If the guy's system is so good let's see his account and his returns for the past year or two years. If you can't show me that then shut up. It's that simple put up or shup up.
Of course hiyo is sellling something he's seling the trade signal service that he speaks so HIGHLY OF yet has no proof of any profits he's made.

GEE WHERE DO I SIGN UP!!! Come on man come back to this forum when you have an account that respresents the claims your making.
Quoting daveander
I've been trading for two decades. I'm retired now. I trade for fun now. I used to trade for a hedge fund and I' m here to tell you that hiyosilva is a complete fraud. I've seen tons of them in my time. If you were such a great trader with such a great track record you would be working for a hedge fund not hanging out on some forum trying to get people to buy your system that you yourself haven't made any money with. Give me a break.
Hi daveander

Welcome to the forum. I read hiyosilva's stuff and try to learn something from it. Just as I read James16, Diallist, Fijitrader, Narafa, MuddBudha, Merlin and almost every one else who make an effort to post. As you can see I even read what you have to say as well. Since you have more than two decades of trading experience, why not rather share that with us than trying to proof that hiyosilva is a fake. Would be a more positive experience for all of us and I believe I can learn a lot from you.

Thanks
You have to understand where I'm coming from I beleive in being positive, but when I see someone that is possibly trying to take advantage of others I get upset. I've been around the block once or twice and I don't appreciate someone trying to sucker other people.

Like I said I love credible systems and courses they really can help beginners from making severe mistakes. But when someone gets on a forex forum and makes all these claims about how this system made all this money with no valid proof that they personally benefited from it all they're doing is fishing for traders.
I would love it if hiyosilva could respond to me.
I feel a storm comming!
"You can make money or you can make excuses, you can't do both". unknown
  • Post #15
  • Quote
  • Edited 4:43pm Nov 19, 2005 4:37pm | Edited 4:43pm
Quoting daveander
Of course hiyo is sellling something he's seling the trade signal service that he speaks so HIGHLY OF yet has no proof of any profits he's made.

GEE WHERE DO I SIGN UP!!! Come on man come back to this forum when you have an account that respresents the claims your making.
I don't think you'd find INO.com would bother pimping for business on a FX forum. Hiyosilva2000 is doing this off his own bat IMO. Why? Not sure.....

BTW a simple, filtered 1-2-3 system *appears* to generate those sort of results on cable. It's in the process of being forward tested on another forum. Time will tell.
Daveander,

I think you have a problem with understanding what you read or you don't read. Hiyo did not claim he traded this system, he only informed people about existence of such a system and he claimed he was working on it to develop further.

I have been a subscriber to INO for a year and I traded exactly what they recommended. When there is a trend, system makes good money, but in congestion areas it loses, because it is a trend following system. You can have 11 or more successive winning trades, that is possible with this system as long as trend continues.

If you don't believe what he writes, then don't subscribe to a free trial of INO and move on, but please move on. It is not your job to prove if he is fraud or selling something. There are admin and other senior guys in this forum to decide and warn him if it is the case and if he does not follow forum rules. Like marejp indicated, if you have anything to contribute, then do it, and let's find out your two decade hedge fund experiences especially regarding risk and money management.
If you traded exactly what he recommended then let's see your account. Like I said I'm all for for credible low risk trade services. You traded exactly what he told you. So let's see your account.

You have keep in mind that these forums are great opportunities for people to take advantage of people and also for people to promote credible systems.

I can understand that you would take his side if you personaly traded the system and made all this money like you just claimed in your last post. So let's see it. You traded the 11 trades let's see your profit.
Quoting daveander
If you traded exactly what he recommended then let's see your account. Like I said I'm all for for credible low risk trade services. You traded exactly what he told you. So let's see your account.

You have keep in mind that these forums are great opportunities for people to take advantage of people and also for people to promote credible systems.

I can understand that you would take his side if you personaly traded the system and made all this money like you just claimed in your last post. So let's see it. You traded the 11 trades let's see your profit.
You are not reading my friend, look you are retired and you are a newbie which means you have a lot of time to read and you have to be eager to learn, but you need to read all posts in this forum to learn. Otherwise you'll always stay as a newbie.

Now, please read all posts in following thread including mine (#19)

http://www.forexfactory.com/forexfor...ead.php?t=3402

I thought you have read that post. I suggest you read all related posts before posting anything.

I traded exactly what they recommended during the period I subscribed to. The period I am talking about is completely different than Hiyo's. If I took his side, did I comment that this system didn't work for that period. But as a previous subscriber, I suggest this system works in trending markets. PLEASE UNDERSTAND, NOBODY IN THIS FORUM CLAIMED THAT THOSE 11 TRADES HAVE BEEN TRADED REALTIME.

By the way, you have also "trust" problem as well as reading. Nobody needs to prove anything to you as long as forum rules are followed. If you believe in anyone, then follow his/her suggestions, if you don't, then don't follow. Simple is that.
  • Post #19
  • Quote
  • Last Post: Nov 20, 2005 9:24pm Nov 20, 2005 9:24pm
Well then let's see your results for the times you traded the system.
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