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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #219,721
  • Mar 29, 2010 3:39pm Mar 29, 2010 3:39pm
Quoting dean walker
Geppy yes it is your simply wrong..
You can never ever be right 40% of the time and be in profit it's impossible to do.
Your example means nothing in fact it proves my point.
It's hard to understand because you lost the ability to look at things as they really are..
Dean
Dean I hate to disapoint you but the 5% of traders that are in profit are the ones that think like that figure it out for yourself but it the FACT!
  • #219,722
  • Mar 29, 2010 3:41pm Mar 29, 2010 3:41pm
Quoting Allseeingeye
Dean I hate to disapoint you but the 5% of traders that are in profit are the ones that think like that figure it out for yourself but it the FACT!
Finally someone with some sense!
check out my blog: forexmademillionaire dot com
  • #219,723
  • Mar 29, 2010 3:42pm Mar 29, 2010 3:42pm
Quoting dean walker
Geppy yes it is your simply wrong..
You can never ever be right 40% of the time and be in profit it's impossible to do.
Your example means nothing in fact it proves my point.
It's hard to understand because you lost the ability to look at things as they really are..
Dean
Please explain.....
Don't be a hero. Don't have an ego. Always question yourself
  • #219,724
  • Mar 29, 2010 3:44pm Mar 29, 2010 3:44pm
dean you r a clueless clown,and dont know what you r talking about..


im sorry..
  • #219,725
  • Mar 29, 2010 3:44pm Mar 29, 2010 3:44pm
Yes I am for real it's the reason I do well in Forex trading..
Okay now I will show you..

For every right move we will count as one and every wrong move we will count as one..

Now by your example we have 10 trades
6 trades the wrong direction was picked 1 point for being wrong
6 trades your SL was also wrong 1 point

Now 4 trades direction is picked righjt 1 point
stop loss is picked right 1 pint
TP is picked right 1 point

Now I do not know about you but where I come from 3 points beats 2.

Now this is exactly how you must look at Forex trading where every movement you make. If you do not you will end up loosing.
It's really simple.
Dean




Quoting Geppy
are you for real?
  • #219,726
  • Mar 29, 2010 3:45pm Mar 29, 2010 3:45pm
Quoting dean walker
Yes I am for real it's the reason I do well in Forex trading..
Okay now I will show you..

For every right move we will count as one and every wrong move we will count as one..

Now by your example we have 10 trades
6 trades the wrong direction was picked 1 point for being wrong
6 trades your SL was also wrong 1 point

Now 4 trades direction is picked righjt 1 point
stop loss is picked right 1 pint
TP is picked right 1 point

Now I do not know about you but where I come from 3 points beats 2.

Now this is exactly how you must look at Forex trading...
I never thought I'd find someone to say this about... but you're more of a clown than Gucc/Zweig LMAO!!! pure comedy!
check out my blog: forexmademillionaire dot com
  • #219,727
  • Mar 29, 2010 3:46pm Mar 29, 2010 3:46pm
Quoting dean walker
Geppy yes it is your simply wrong..
You can never ever be right 40% of the time and be in profit it's impossible to do.
Your example means nothing in fact it proves my point.
It's hard to understand because you lost the ability to look at things as they really are..
Dean
Dean
Terribly sorry, but Geppy is right!
That's the way forex works.....
  • #219,728
  • Mar 29, 2010 3:50pm Mar 29, 2010 3:50pm
Then prove it to me..
Show me where you can have more wrong moves than right moves and come into profit.

I just showed you using Geppy example that there were more right moves than wrong..
sorry but this principle has worked much longe rthan Forex been around

However not a lot of bright bulbs in the lamp here.
Dean


Quoting chris747
Dean
Terribly sorry, but Geppy is right!
That's the way forex works.....
  • #219,729
  • Mar 29, 2010 3:56pm Mar 29, 2010 3:56pm
Dean
Geppy gave you the answer, post 219724.
Your SL has to be 2-3 time smaler tham your TP, that's all!
Cheerio!
  • #219,730
  • Mar 29, 2010 3:57pm Mar 29, 2010 3:57pm
Quoting dean walker
Yes I am for real it's the reason I do well in Forex trading..
Okay now I will show you..

For every right move we will count as one and every wrong move we will count as one..

Now by your example we have 10 trades
6 trades the wrong direction was picked 1 point for being wrong
6 trades your SL was also wrong 1 point

Now 4 trades direction is picked righjt 1 point
stop loss is picked right 1 pint
TP is picked right 1 point

Now I do not know about you but where I come from 3 points beats 2.

Now this is exactly how you must look at Forex trading...
Dean I really thought you could have something to add, but now you definitly lost me with this crap, try to impress someone else prefferably in an other forum.....
Words like "I make muchos pips everyday" just make me laugh.....
Don't be a hero. Don't have an ego. Always question yourself
  • #219,731
  • Mar 29, 2010 3:58pm Mar 29, 2010 3:58pm
So I will close with this.
A challenge for anyone to prove that more wrong moves in Forex or anything really will produce a profit.

Now let me explain it to you in very simple terms. Calling the direction of a trade is only part of that trade, you need to place your SL , and your TP. So in trust every decision you make will have a right or wrong move attach to it. I claim it's impossible to find the situation where you can have more wrong moves and still win.
Remember you need to count every move no cheating..
Dean
  • #219,732
  • Mar 29, 2010 4:00pm Mar 29, 2010 4:00pm
And who makes the call on where to place the stop loss or TP..
You do not consider this a right or wrong movement?
Dean


Quoting chris747
Dean
Geppy gave you the answer, post 219724.
Your SL has to be 2-3 time smaler tham your TP, that's all!
Cheerio!
  • #219,733
  • Mar 29, 2010 4:04pm Mar 29, 2010 4:04pm
Actually Bear you were the only one here that had enough sense to ask for a explanation.
I do have something to add besides my new system that is making $4k a day.
What this exercise should show you that in Forex market you need to be accountable for your every move it's as simple as that. I have not found a situation where if I add up all my moves where wrong wins over right..I mean it may exist but I have not seen it..

So why it this so important is when I go to make a system to win in Forex I must look at ever single variable I can find and in that I need to be right. As a matter of fact in many situations anything less than perfection will cause a loss.
It's just the way the world is..
Dean



Quoting USD-Bear
Dean I really thought you could have something to add, but now you definitly lost me with this crap, try to impress someone else prefferably in an other forum.....
Words like "I make muchos pips everyday" just make me laugh.....
  • #219,734
  • Mar 29, 2010 4:05pm Mar 29, 2010 4:05pm
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Don't be a hero. Don't have an ego. Always question yourself
  • #219,735
  • Mar 29, 2010 4:08pm Mar 29, 2010 4:08pm
Quoting Geppy
Ummm... not sure why you quoted me here. That's exactly what I was saying without saying it.
I wast just trying to put this in more simple terms for your friend.
  • #219,736
  • Mar 29, 2010 4:15pm Mar 29, 2010 4:15pm
Quoting dean walker
Then prove it to me..
Show me where you can have more wrong moves than right moves and come into profit.

I just showed you using Geppy example that there were more right moves than wrong..
sorry but this principle has worked much longe rthan Forex been around

However not a lot of bright bulbs in the lamp here.
Dean

ill prove it to you..

here is my statement
of only 50 winners and 100 losses
and still 11 000$ in profit ,last 4 weeks

ooops i cant upload my file
  • #219,737
  • Mar 29, 2010 4:18pm Mar 29, 2010 4:18pm
Quoting Xpittrader
ill prove it to you..

here is my statement
of only 50 winners and 100 losses
and still 11 000$ in profit ,last 4 weeks

ooops i cant upload my file

i must say it was my worst 4 weeks in years !!! but still capture a 11k profit .
  • #219,738
  • Mar 29, 2010 4:18pm Mar 29, 2010 4:18pm
I really don't know much about your system dean but I think it is obvious you are having a high failure rate with your presentation style explaining it.

The way you are explaining it does not appear by all accounts to be well received.

It might be time to do the math count on wins and losses and re-calibrate your sales pitch. Just digging the whole deeper at this point.
  • #219,739
  • Mar 29, 2010 4:24pm Mar 29, 2010 4:24pm
I understand full well the idea that your trying to convey here.
I am simply saying it's incorrect.

I am sure your statement will show what you say it does.
However when you look into each trade as far as each moved that was taken the fact remains on the loosing trades you had more correct movements than on the winning trades.

Ok need to go now nuff said you either get it or you don't it's that simple really .
Hopefully I will share this system I am working on sometime this week. So far it's up over $4k in less than 24 hours but what is a bigger plus than that is the "the in the market time" which is really only 2 hours or so. This is important as the longer you stay in the market the greater the chances of having losses..
Dean


Quoting Xpittrader
ill prove it to you..

here is my statement
of only 50 winners and 100 losses
and still 11 000$ in profit ,last 4 weeks

ooops i cant upload my file
  • #219,740
  • Mar 29, 2010 4:28pm Mar 29, 2010 4:28pm
Hi Cod,

It's not a system at all it has to do with having a open mind and embracing all possibilites which if you do not have then your really are not equipped to trade in the Forex market IMO.

Ok need to go
Happy trading
Dean


Quoting Cod
I really don't know much about your system dean but I think it is obvious you are having a high failure rate with your presentation style explaining it.

The way you are explaining it does not appear by all accounts to be well received.

It might be time to do the math count on wins and losses and re-calibrate your sales pitch. Just digging the whole deeper at this point.
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