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The final Holy Grail

  • #81
  • May 4, 2010 8:06am May 4, 2010 8:06am
gatherin a good followin! but the results speak for themselves
  • #82
  • May 4, 2010 9:19am May 4, 2010 9:19am
Quoting Fudomyo
I can post similar signals with the same hit rate if that will satisfy your curiousity. Here, on TSD, and Facebook.
Deal?
If your rate is 100%: Deal!
  • #83
  • Edited 5:06pm May 4, 2010 2:31pm | Edited 5:06pm
Quoting medbs
Here is my latest results.
Congratulations on your trading I am following you and also ForexMick on another thread. Ignore all the trolls that will come here and try and put crap your trading.
You are both putting your balls on the line and showing publicly that traders can make big pips.

Other posters like to post long posts about how to make pips but never show that they can trade and make profits. Go to any thread outside of these trading journals, and it is all long-winded crap.
They should make every poster keep a live trading journal showing all their trading so that we can see who can trade and who can't. It would get rid of 90% of the bullshotters on the forum.
  • #84
  • May 4, 2010 5:11pm May 4, 2010 5:11pm
Quoting Fudomyo
I can post similar signals with the same hit rate if that will satisfy your curiousity. Here, on TSD, and Facebook.
Deal?
Medbs has agreed to your deal. When will you open YOUR trading journal thread here? Today? Its put up or shut up time!
  • #85
  • May 4, 2010 5:32pm May 4, 2010 5:32pm
Quoting capitalx
Medbs has agreed to your deal. When will you open YOUR trading journal thread here? Today? Its put up or shut up time!
He can not make that rate, 100% is too perfect.
  • #86
  • May 4, 2010 5:57pm May 4, 2010 5:57pm
Quoting medbs
He can not make that rate, 100% is too perfect.
Hi medbs, BIG congrate!!

with the challenge from Fudomyo, i cant wait to see the action going...

medbs, is your strategy also 100% mechanical(price action) or involve some feeling?

If 100% mechanical, u want me to try coded to see how past price(previous years/months) movement act with your strategy?
  • #87
  • May 4, 2010 6:05pm May 4, 2010 6:05pm
Quoting akukaya
Hi medbs, BIG congrate!!

with the challenge from Fudomyo, i cant wait to see the action going...

medbs, is your strategy also 100% mechanical(price action) or involve some feeling?

If 100% mechanical, u want me to try coded to see how past price(previous years/months) movement act with your strategy?
It's 100% mechanical, but, I'm afraid I'm not able to give you more details about it.
No hard feelings.
  • #88
  • May 4, 2010 6:18pm May 4, 2010 6:18pm
Quoting medbs
If your rate is 100%: Deal!
First of all, nothing is 100%. I don't make outrageous claims.

Percentages aren't the point, total pips are.

Let's say 5000 pips baseline, 20 trading days. Real pips, not based on multiple lots. (I take some days off for family and fun, so not interested in working in a straight line)

A verifiable live account that people can access results, demo is BS, and not random postings on a thread which can't be properly time stamped, or statements that can be Photoshoped.

I'm currently on holiday so will set things up when I'm back next week.

If 5000 points is too low a baseline for you, name a better number.


We tally once both of us cross 20 days. Deal?
  • #89
  • May 4, 2010 6:19pm May 4, 2010 6:19pm
Medbs,

Your track record looks good so far, but can you give us some worst case scenarios in terms of drawdown in pips? I read on some other forum (maybe trade2win) that in some cases up to 110 pips per trade? That way if we follow your signals at least we can scale our position size. Thanks.
  • #90
  • May 4, 2010 6:26pm May 4, 2010 6:26pm
Quoting Fudomyo
First of all, nothing is 100%. I don't make outrageous claims.

Percentages aren't the point, total pips are.

Let's say 5000 pips baseline, 20 trading days. Real pips, not based on multiple lots. (I take some days off for family and fun, so not interested in working in a straight line)

A verifiable live account that people can access results, demo is BS, and not random postings on a thread or statements that can be Photoshoped....
The point of this thread is that 100% strategy is realizable, anything else has nothing to do here.
  • #91
  • May 4, 2010 6:32pm May 4, 2010 6:32pm
Quoting Fudomyo
I can post similar signals with the same hit rate if that will satisfy your curiousity. Here, on TSD, and Facebook.
Deal?
You came back on your declaration?
  • #92
  • May 4, 2010 6:44pm May 4, 2010 6:44pm
Quoting medbs
You came back on your declaration?
Hit rate is earnings.

100% winning trades on demo with no SL is not the same as a viable live trading system using real money.
On a live account I use a SL and I never wait for the markets to come back around.

Since we are in this business to make money, and other people will be following your calls with real money, prove your stuff with real money. In the real world we have margin calls to consider, not a virtual $100,000 account balance where you can string bad trades out.

I don't care if you make 100% results in simulation. Profit is the point.
  • #93
  • May 4, 2010 6:54pm May 4, 2010 6:54pm
Quoting Fudomyo
Hit rate is earnings.

100% winning trades on demo with no SL is not the same as a viable live trading system using real money.
On a live account I use a SL and I never wait for the markets to come back around.

Since we are in this business to make money, and other people will be following your calls with real money, prove your stuff with real money. In the real world we have margin calls to consider, not a virtual $100,000 account balance where you can string bad trades out.

I don't care if you make 100% results in simulation....
Who told you that I'm using this strategy in virtual account?
I can guarantee you that I'm making 100% rate on all my live accounts, and this, since November.
At least, I'm putting my trades live here and I made 12/12, 100% rate, and the statement is confirmed, when you, you only talk, we've seen nothing.
  • #94
  • May 4, 2010 7:00pm May 4, 2010 7:00pm
Quoting litxus82
ukcool,

I googled medbs and for sure he is in almost every forex forum. There was quite a lot of posts in trade2win. I guess we all have seen similar paths which lead to signal providers, managed accounts and so on. This is a teaser for future service as otherwise I see no point of posting results without any clues.
So what if he starts a service, if he does (and didnt already know this) the thread will likely end up in the bin. The commercial section is also another avenue but I think they prefer that the person (aka signal seller) start off posting in there.

Either way, I think it is awesome what medbs has done so far. Dont worry about the losers looking for a handout! There will be a new crop every couple weeks. Keep your journal going, its quite interesting to see develop. Dont give anything away bro, you worked hard to learn this, now reap the rewards!
  • #95
  • May 4, 2010 7:02pm May 4, 2010 7:02pm
Quoting traderjai_inhi
So what if he starts a service, if he does (and didnt already know this) the thread will likely end up in the bin. The commercial section is also another avenue but I think they prefer that the person (aka signal seller) start off posting in there.

Either way, I think it is awesome what medbs has done so far. Dont worry about the losers looking for a handout! There will be a new crop every couple weeks. Keep your journal going, its quite interesting to see develop. Dont give anything away bro, you worked hard to learn this, now reap the rewards!...
Very Kind of you Bro.
Thanks.
  • #96
  • May 4, 2010 7:05pm May 4, 2010 7:05pm
Fudomyo, you stated that you know the strategy I'm trading and that it's decent. And that you checked my detailed statement against entry/exit signals.
Can you enlighten us about what you know concerning my strategy?
  • #97
  • May 4, 2010 7:30pm May 4, 2010 7:30pm
Quoting medbs
Who told you that I'm using this strategy in virtual account?
I can guarantee you that I'm making 100% rate on all my live accounts, and this, since November.
At least, I'm putting my trades live here and I made 12/12, 100% rate, and the statement is confirmed, when you, you only talk, we've seen nothing.

We proposed a reasonable challenge.

If you are trading live, then all the better.
Let's make it 100% verifiable by using the means I proposed.

Everything else is talk.

I'm a friendly person, so not interested in arguing. If you're interested in moving forward, let me know.
  • #98
  • May 4, 2010 7:45pm May 4, 2010 7:45pm
Quoting Fudomyo
We proposed a reasonable challenge.

If you are trading live, then all the better.
Let's make it 100% verifiable by using the means I proposed.

Everything else is talk.

I'm a friendly person, so not interested in arguing. If you're interested in moving forward, let me know.

It doesn't matter if it's live or demo... The trades stand for themselves... 100/100 so, I stand by Mohamed. He was kind enough to let us into his trades so we could copy them.

If it doesn't suit you I suggest you open your OWN journal and post there all your inconformities and all that you want to bicker about.

This trade belongs to Medbs so I suggest to everyone to STOP polluting the journal with who's better claims and stupid comments that all they do is cram this journal with pages and pages of clutter.

Mohamed as every other trader in this forum, regardless of being a n00b or a seasoned trader, deserves respect from all other fellow traders. All we want is for Medbs to continue with his free contribution, which is time consuming as he posts here and in other sites, so let's keep it to trade setups from the owner of the trades.

If he doesn't want to reveal either his method, strategies or the way he picks his trades, it's his call!!! Period... He is nice enough to post here and share his insights with us for someone to come and brag about what he can/can't do. Honestly I don't care.

This is the exact reason why many thread creators stop posting in them; people just start to divagate into senseless things that has nothing to do with the original puropse of the thread. That being said, let's focus on Medbs ideas.

Fudomyo, no hard feelings, but this was starting to get a little out of hand and I wouldn't want it to happen to me in my own thread which would discourage me from posting.

Mohamed, all yours, and waiting for the next trade!! Keep up the good work!
  • #99
  • May 4, 2010 7:50pm May 4, 2010 7:50pm
Quoting chano12
It doesn't matter if it's live or demo... The trades stand for themselves... 100/100 so, I stand by Mohamed. He was kind enough to let us into his trades so we could copy them.

If it doesn't suit you I suggest you open your OWN journal and post there all your inconformities and all that you want to bicker about.

This trade belongs to Medbs so I suggest to everyone to STOP polluting the journal with who's better claims and stupid comments that all they do is cram this journal with pages and pages of clutter.

Mohamed as every other trader...
  • #100
  • Edited 10:21pm May 4, 2010 8:32pm | Edited 10:21pm
Quoting medbs
Fudomyo, you stated that you know the strategy I'm trading and that it's decent. And that you checked my detailed statement against entry/exit signals.
Can you enlighten us about what you know concerning my strategy?
First of all, if you reread my first post, there was nothing confrontational about it. I was stating that it is your choice not to post your method and if you are promoting a business that would be logical.

Second, it was not my intention to "pollute" your thread. My challenge would give you the opportunity to prove your method works.

I've statistically averaged nearly every EA and indicator out there, individually and in tangent with others on multiple TFs, so I find claims of 100% success unbelievable. You would be the first to achieve a statisical impossibility. Thinking that making a claim like this on every trading forum on the web wouldn't elicit a response is illogical.

And Chano, The reason why live trading is important is because of drawdown, slippage, and misquotes. Results in the real world matter. My discussion with medbs is not about being better or ego, it was based on proof of concept.

It's your personal choice where you put your faith and money. Since medbs is not interested in taking up my challenge, I won't post here again.

cheers



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