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Master Tater's Money Journal (Professional)

  • #41
  • Feb 9, 2010 7:54pm Feb 9, 2010 7:54pm
he's joking magnum

well in his head he is

poor guy
  • #42
  • Feb 9, 2010 9:01pm Feb 9, 2010 9:01pm
Actually I didn't blow my account per say. FXCM liquidated my positions due to a margin call before my trade had a chance to reach "Profit Target"

I am much more conservative in my position sizes as a result of this hang up. I typically only risk 20-30 % of my account balance on a single trade. I had been risking 60-70%.

FXCM got worried I might steal all their money and as a result gave me a margin call before my trades reached targets. My payouts per winning trade average $3000 - $5000 FXCM got scared I think.

Thanks and Happy Trading

Master Tater
  • #43
  • Feb 10, 2010 12:15am Feb 10, 2010 12:15am
Quoting HouseTrader
Hey, Jay... I DON'T like young men at all....
I know mate but the opportunity to make that play on word was too much to resist
Not all sins are created equal
  • #44
  • Feb 10, 2010 4:41am Feb 10, 2010 4:41am
Quoting Jay Walker
I know mate but the opportunity to make that play on word was too much to resist
Yeah, I know... sometimes we just can't help....

Cheers!
Many share my views with me. But I don't share them with them...
  • #45
  • Feb 10, 2010 4:53am Feb 10, 2010 4:53am
Quoting bit9ret
The proprietary Watson-Ficher scalp level is the Teeter Tater Totter Oscillator

That is gold
  • #46
  • Feb 10, 2010 5:02am Feb 10, 2010 5:02am
Quoting Razor_trader
That is gold
It's a hard contender to beat "TudorGirl Hidrowhatsover Vorti-silly-ty"...
Many share my views with me. But I don't share them with them...
  • #47
  • Feb 10, 2010 9:42am Feb 10, 2010 9:42am
Quoting HouseTrader
It's a hard contender to beat "TudorGirl Hidrowhatsover Vorti-silly-ty"...
You see how democratic the forex market is - both trash collector and rocket scientist can succeed here without problems
  • #48
  • Feb 10, 2010 10:52am Feb 10, 2010 10:52am
Quoting HouseTrader
It's a hard contender to beat "TudorGirl Hidrowhatsover Vorti-silly-ty"...
TudorGirl's charade will never be matched.
Right before "she" was exposed she had her father, fiancee and uncle, all signed up here and vouching for her.

Her 80 yo "father" wrote something like this: "I'm tellin ya, that gal knows what she's talkin about. Don't never underestimate her."

Tater has to do a lot more work to do, to ever match that.
  • #49
  • Feb 10, 2010 8:36pm Feb 10, 2010 8:36pm
Mr. Tater, I would like your comments on the Tubgirl indicator.

I don't comprehend it, I've been told that when the indicator shoots up, things really go down.
Not all sins are created equal
  • #50
  • Feb 10, 2010 8:40pm Feb 10, 2010 8:40pm
Mr Tater,

Its not every day that forex factory is enlightened by the presence of a commited (or soon to be commited) trader such as yourself.

I wanted to ask about this trade that i am in.

Do you think i should hold for now, my fingers are really itchy and i feel a fresh wave of buying comming on. The trend has been clearly up for a long time now.
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bull in a china shop
  • #51
  • Feb 10, 2010 11:11pm Feb 10, 2010 11:11pm
I did some super analysis on the EUR/JPY per your request. My finding are startling.

I do not recommend a long position until price breaks the Watson/Ficher scalp level to the upside. Until that time "Sit on your Hands" Resist pulling the trigger. I do believe we may have a potential bottom and are looking at a 1000+ pip bounce to the upside however not until price breaches the Watson/Ficher. I have learned to trust that indicator with my life.

I was also doing some fundamental research and my results are quite complicated and I won't go into the details just yet. All I can say is keep a close eye on that pair in the near future.

Thanks and Happy Trading

Master Tater the Great

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  • #52
  • Feb 10, 2010 11:17pm Feb 10, 2010 11:17pm
Quoting AlbertTater
The Watson/Ficher scalp level is a proprietary indicator belonging to myself and my advanced trade team. It is used to quantify potential reversal points in the market as well as “impulse” continuation moves.

It uses advanced algorithms and coding to quantify these points in the market on a technical level. On a fundamental level data is keyed into a code box to gauge risk sentiment and overall risk-trends in the market.

It’s a One Two punch indicator

[font=Calibri][size=3]Thanks...
Hi, Albert. Interesting journal you have going here.

I hope you don't mind my asking but is there anything more you can tell us about your Watson/Ficher indi? I'm sure you've probably invested much time and effort in to development and testing so I understand completely if you'd rather not reveal anything more.

I'm particularly interested in what fundamental data you use and how it's quantified in your algorithms. Anything you care to divulge will be greatly appreciated.

Btw, my wife (bless her myopic little heart) adores your hairstyle and wishes me to get one just like it.
  • #53
  • Feb 10, 2010 11:21pm Feb 10, 2010 11:21pm
Had much respect for the voucher system here, now this guy got 3 i think its a joke..
  • #54
  • Feb 10, 2010 11:45pm Feb 10, 2010 11:45pm
Quoting trj6911
Had much respect for the voucher system here, now this guy got 3 i think its a joke..
Really? What changed your mind?
Quoting trj6911
High albert, good to see you trading and implementing a goal to enhancing your objectives ,I can see by your post that you are not dumb and i think you will go great, intresting to learn your plan ,You probally a aussie aswell? little thoughtfor you wen things get tough.." Remember to look forward not over your shoulder other wise you wont see whats in front of you"

best of luck ...
  • #55
  • Feb 10, 2010 11:57pm Feb 10, 2010 11:57pm
Quoting opie999
Really? What changed your mind?
That was the 1st reply in this thread ,it has no merit the voucher system if it works like that...
  • #56
  • Feb 11, 2010 12:17am Feb 11, 2010 12:17am
Quoting trj6911
That was the 1st reply in this thread ,
So?


Quoting trj6911
it has no merit the voucher system if it works like that...
Why not? Works like what?
  • #57
  • Feb 11, 2010 12:30am Feb 11, 2010 12:30am
Quoting opie999
So?


Why not? Works like what?
WHY DO YOU HAVE 10v for? is this the same reason that albert has 3v,s for? or is it because you know the business of trading? dos albert know the business of trading? this is why he has vouchers..simple stuff ..i out trade you anyday but i have no vouchers do this mean i dont know what im talkin about? your voucher system seems to hold no respect...
  • #58
  • Feb 11, 2010 1:09am Feb 11, 2010 1:09am
Quoting trj6911
WHY DO YOU HAVE 10v for? is this the same reason that albert has 3v,s for? or is it because you know the business of trading? dos albert know the business of trading? this is why he has vouchers..simple stuff ..i out trade you anyday but i have no vouchers do this mean i dont know what im talkin about? your voucher system seems to hold no respect...
I see this upsets you a great deal. You'll get over it soon enough, I think.

My apologies to Albert for briefly hijacking the thread so I'll only add these last comments re vouchers and leave it at that. Everyone has their own opinions about vouchers and the voucher system. No doubt the original intent has been lost and they no longer carry the weight they used to. For me, they are a means of extending a small token of my respect and esteem to fellow forum members. Trading acumen plays a role in my decision to give out vouchers but it's not the only consideration. In the final analysis, the little Vs must be taken with a huge grain of salt. The list of who has given Vs to a person, imo, is more important than how many Vs a person has.

You realize now vouchers just ain't no big thang.

Sorry I was the one who had to break the news to you. It's kinda like telling your kid there's really no such thing as Santa Claus.
  • #59
  • Edited 3:38am Feb 11, 2010 1:19am | Edited 3:38am
Quoting trj6911
WHY DO YOU HAVE 10v for? is this the same reason that albert has 3v,s for? or is it because you know the business of trading? dos albert know the business of trading? this is why he has vouchers..simple stuff ..i out trade you anyday but i have no vouchers do this mean i dont know what im talkin about? your voucher system seems to hold no respect...
Albert is a Grandmaster. There are plenty of bullshit artists around who have never traded anything but have 10, 20, 30 vouches from people who also never trade.
Albert's posts are always full of wisdom and I am really surprised that someone has doubts about him. You just have to follow him, and you will see trading and also FF from a very new and fresh perspective
  • #60
  • Feb 11, 2010 3:47am Feb 11, 2010 3:47am
Quoting AlbertTater
I do not recommend a long position until price breaks the Watson/Ficher scalp level to the upside. Until that time "Sit on your Hands" Resist pulling the trigger. I do believe we may have a potential bottom and are looking at a 1000+ pip bounce to the upside however not until price breaches the Watson/Ficher. I have learned to trust that indicator with my life.

Thanks for the great advice Al. Its certainly a gem.

You have renewed my faith in trading the forex markets. Like you said earlier in the thread, you have to believe in your system.

Last night believing in my system almost doubled my account balance. I took a short on cable. It went against me by a couple of pips so i sold some more, rude boy went against me again, so i sold some more. I was feeling tired and wanted to hit the sack, so i put some limit sell orders in place just in case the cheeky bugger tried it on and went to bed. By this morning i was heavily in profit by more than 40 pips.

I took the trade using the watson/ficher scalp level as a contrarian indicator. All i can say is 'Wow'.
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