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The final Holy Grail

  • #281
  • May 10, 2010 5:00am May 10, 2010 5:00am
Quoting ToxicChili
Yes, but it wasn't losing it was 100% guaranteed to win.
And it's a winner in the end.
  • #282
  • May 10, 2010 5:03am May 10, 2010 5:03am
Quoting medbs
And it's a winner in the end.
Yes...err...what end?
All systems of divination, like music itself,work through patterns.
  • #283
  • May 10, 2010 5:07am May 10, 2010 5:07am
Quoting wormboy
welp, till my questions here & here are answered, I personally deem the "holy grail" method has no merit.

Good luck with your endeavours.
My live trades talk for me.
I don't have anything to prove.
Even, if you believe in this strategy, there is always at least one single person, who will criticize this system and accusing me to be a cheater.
BTW, where is molecuDakula???
  • #284
  • May 10, 2010 5:07am May 10, 2010 5:07am
Quoting medbs
And it's a winner in the end.
Would you risk £500 to win £50 on a rank outsider in a horse race? probably not. You got lucky, there was a possibility that the eur traded lower and possibly will.
  • #285
  • May 10, 2010 5:09am May 10, 2010 5:09am
Quoting kaspopsicle
Yes...err...what end?
You, the rookie, ask your Mentor MolecuDakula, he will explain you...
  • #286
  • May 10, 2010 5:10am May 10, 2010 5:10am
Quoting ToxicChili
Would you risk £500 to win £50 on a rank outsider in a horse race? probably not. You got lucky, there was a possibility that the eur traded lower and possibly will.
Not lucky, the system never failed so far.
  • #287
  • May 10, 2010 5:19am May 10, 2010 5:19am
Quoting medbs
Not lucky, the system never failed so far.
I guess one thing we don't know, is how far and for how long you will let a position go against you.

Also, as someone once told me, Never underestimate the importance of Luck.

To win a trade requires luck (because you never completely know where it will go).
To have a profitable day requires some luck and some skill.

To have a consistently profitable strategy requires skill.

Everyone has lucky days and unlucky days, but it is important not to associate luck with skill.
  • #288
  • May 10, 2010 5:26am May 10, 2010 5:26am
Quoting medbs
My live trades talk for me.
I don't have anything to prove.
Even, if you believe in this strategy, there is always at least one single person, who will criticize this system and accusing me to be a cheater.
BTW, where is molecuDakula???

Yes, your live trades absolutely says a lot about you.
For example, your EU long position, you let it go through 500 pips drawdown for a 55 pips profit. What does that tell me about the system user?
Well to me, it says the trading methodology is absolutely reckless. Either the trader using the system is on demo account or trading microlots that he is not bothered about the glaring flaw in the p/l ratio.
I'm sure if the trader has a massive acct balance he has no problems producing the live acct statement while explaining the pain threshold for the trades taken opposed to equity balance.
You say you have nothing to prove, yet you had taken the time to open a thread with a very interesting title claiming a 100% winrate. Isn't that trying to prove something? So why get defensive by trying to parry the questions posted by saying "i got nothing to prove?" If I had a foolproof system with a massive live acct balance, I'd be glad to quash all the naysayers, won't you?
And like I said earlier, I have not called you a cheat YET. You can at least answer my questions.
Criticism are healthy, & having taken the time to post in a public forum you should understand that this is the norm. In your case, most of the seasoned traders sees the flaws in your system and criticize. That is not such a bad thing, if anything some of their claims are valid & if you aspire to be a better trader you should learn to embrace it. However, if you feel the criticisms posted towards you system are out of order, you should take the time to explain the methods & prove your credibility as a live trader.

Thanks.
Thank You
  • #289
  • May 10, 2010 6:12am May 10, 2010 6:12am
Hey Man,
If you intend to make money in this field - luck is only 1%. Get an EDGE !

And, though this does not bother me, stop hammer and tong posts - takes too much time to attend to them...... If you can learn something well and good. You are not caretaker for somebody - I have made a previous post as general advice to all Newbies -everyone has to look after himself.

Time off for me - got to go.
Best Regards.

Quoting ToxicChili
I guess one thing we don't know, is how far and for how long you will let a position go against you.

Also, as someone once told me, Never underestimate the importance of Luck.

To win a trade requires luck (because you never completely know where it will go).
To have a profitable day requires some luck and some skill.

To have a consistently profitable strategy requires skill.

Everyone has lucky days and unlucky days, but it is important not to associate luck with skill.
  • #290
  • May 10, 2010 7:38am May 10, 2010 7:38am
"Steviets Live Trades" thread has been running for three and a half years, at one stage he traded a system that had a 1000 pip stop and a 50 pip take profit.

I do'nt see a problem with a 500 pip draw down, it's not nice by any means, but if you believe ( key word) that your system will pull you through, there is no need to close any trade and give your money to your borker.

As long a you believe there is no 100% winning method/system, you will never look for it.

medbs never said his trades would all instantly go into the green and never look back.

I actually thought his entries were pretty good, his exits however need some work, easy for me to say in hindsight.

I think our friend the moluscule man doth protest too much, funny but the protests only started after the first lot of trades went into the red.

We all trade what we believe.

If medbs believes his next 20 trades will be all winners, who are we to stop him.
Polishing my crystal ball
  • #291
  • May 10, 2010 7:45am May 10, 2010 7:45am

Quoting 30XTCi
"Steviets Live Trades" thread has been running for three and a half years, at one stage he traded a system that had a 1000 pip stop and a 50 pip take profit.

I do'nt see a problem with a 500 pip draw down, it's not nice by any means, but if you believe ( key word) that your system will pull you through, there is no need to close any trade and give your money to your borker.

As long a you believe there is no 100% winning method/system, you will never look for it.

medbs never said his trades would all instantly go into the green and...
Well said.
  • #292
  • May 10, 2010 7:46am May 10, 2010 7:46am
Quoting 30XTCi
I think our friend the moluscule man doth protest too much, funny but the protests only started after the first lot of trades went into the red.
  • #293
  • May 10, 2010 8:04am May 10, 2010 8:04am
Quoting vilas
hey man,
if you intend to make money in this field - luck is only 1%. Get an edge !
all hail the authority on quantifying luck in forex!!!!!
  • #294
  • May 10, 2010 8:18am May 10, 2010 8:18am
Quoting vilas
Hey Man,
If you intend to make money in this field - luck is only 1%. Get an EDGE !

And, though this does not bother me, stop hammer and tong posts - takes too much time to attend to them...... If you can learn something well and good. You are not caretaker for somebody - I have made a previous post as general advice to all Newbies -everyone has to look after himself.

Time off for me - got to go.
Best Regards.
Okay, well good luck with that ;P
  • #295
  • May 10, 2010 8:25am May 10, 2010 8:25am
Quoting medbs
ah medbs is back after his margin call.
You did post a statement, where?
You did show your demo account, where?

your trades are all out allready after margin call? try hiding if you wish! Your moneymanagement was very wrong, standard experience problem.

You did say your broker has 0 % stopoutlevel! show me this broker!

All you had to say that you are real and no fake is nothing done. ONly some words after trades thats allready out in your real accounts you are posting now after a week with a win.

Your only argument you can trade is: "My system never will be wrong if your hold 20-100 years my trades. WOW!"

But funny to hear from you again after hiding in the loss situation and only could posting your faked small leverage for last trades.
  • #296
  • May 10, 2010 8:34am May 10, 2010 8:34am
Quoting MoleculeDuka
ah medbs is back after his margin call.
You did post a statement, where?
You did show your demo account, where?

your trades are all out allready after margin call? try hiding if you wish! Your moneymanagement was very wrong, standard experience problem.

You did say your broker has...
I was not hiding molluskuleDakula, read well this thread and verify the dates of my postings before opening your mouth!
You were the first to accuse me making a fake statement, so why are you asking for another one? Unless you're idiot.
No hard feelings.
  • #297
  • May 10, 2010 8:39am May 10, 2010 8:39am
Deja de tomarnos el pelo Mojamé, todos sabemos que lo has perdido todo, no se puede cambiar el apalancamiento en un par de minutos antes de abrir un trade.

Traduction: Stop cheating Mohammed, you got a f**cking margin call, you liar, go back to Morocco.
  • #298
  • May 10, 2010 8:40am May 10, 2010 8:40am
That's not an exact translation ! Trad3r you're cheating
  • #299
  • May 10, 2010 8:42am May 10, 2010 8:42am
Quoting Trad3r
Deja de tomarnos el pelo Mojamé, todos sabemos que lo has perdido todo, no se puede cambiar el apalancamiento en un par de minutos antes de abrir un trade.

Traduction: Stop cheating Mohammed, you got a f**cking margin call, you liar, go back to Morocco.
Shut up your mouth f**king Spanish pirate/thief
  • #300
  • May 10, 2010 8:45am May 10, 2010 8:45am
Quoting medbs
Shut up your mouth f**king Spanish pirate/thief
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