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my2013EA, the making of consistently 20% monthly 1 reply

How many real accounts have you blown before consistently making money in FX? 61 replies

Can I make 40% per month consistently 193 replies

Can Maximum Profits be Consistently Attained? 38 replies

Is it possible to consistently win at Forex trading? 12 replies

Attachments: 100% Monthly consistently
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100% Monthly consistently

Quoting robertw
I never said its going to be a short journey but you're going to get your money on your bet in due time, that I promise you.
(this is a claim on my persistence and not any results or solicitation)

One reason why I can't waste my energy on those clowns on this and other forums. I had to set some facts straight but I'm back to ignoring them.

Much Success to you

Robert
Any "manager" that blows up a clients account to "0" like you do has no maturity in his trading skills, and I use the term "trading skills" with a good dose of sarcasm, and should be a clear signal to anyone here even contemplating contacting this guy. I will go as far as saying, you have zero trading skills and are just a rank amateur with a gift of the gab, a plain old scammer.

This guy is a pure gambler, the sad thing is though that he was able to scam a few other people out of their hard earned cash to gamble away. I would not even be surprised if there never was any trading and all the "investor's" money has just dissapeared.

Robert, you should look up the local contact details for "Gamblers Anonymous" and stay away from money, especailly other people's.

This guy is so narcissistic that he dares to come back here on FF, having publicly blown up an account and having publicly admitted that he lost his client's money, only to give the noobs a story about risk and giving them another spin for further sollicitation.

Even gamblers have a few rules, this guy has none. Give it a few months and he will be back, with a different persona and a few more fake trades and statements.

The entertainment is at full throttle again tonight.
  • Post #242
  • Quote
  • Edited at 7:19pm Sep 11, 2010 6:55pm | Edited at 7:19pm
Quoting cloggie
Any "manager" that blows up a clients account to "0" like you do has no maturity in his trading skills, and I use the term "trading skills" with a good dose of sarcasm, and should be a clear signal to anyone here even contemplating contacting this guy. I will go as far as saying, you have zero trading skills and are just a rank amateur with a gift of the gab, a plain old scammer.

This guy is a pure gambler, the sad thing is though that he was able to scam a few other people out of their hard earned cash to gamble away. I would not even be...

And you have just proven how ignorant you are and how little you know about how managed accounts work.... lord you are so full of yourself.

in case you're lazy enough to look it up yourself, let me tell you that in any legitimate managed account the manager has no access to the funds, they sit in client's account and therefore they cannot just disappear other then through loosing trades and if you can do logical deductions that is not in the manager's interest since if he doesn't make money he doesn't get his performance fee. For most but obviously not all people this is a very simple concept to understand.

if you're going to post something at least do some basic research so as not to make a fool of yourself.

And the stuff with fake statements, that seems to be the favorite weapon for your kind when you run out of arguments, not even going to go there.
I had such a good laugh few weeks ago when I challenged one of you to prove me wrong and come to a meeting with me where I'll make live trades on the account to prove him wrong - well guess what my condition was only that I wanted an apology for wrongly accusing me and the person just shut their mouth from that moment on. if I ever post my results again and some clown comes up with this fake crap I'm going to present the same challenge since all my accounts are live and real accounts and I have nothing to worry about but wait for my apology.

I have never left therefore I do not need to come back, slowly making my way to the top.
Truly the entertainment is fully on today.

I'm enjoying this so much that maybe I'll make few more posts if necessary - after all its a weekend.

LOL
Soultrader would be proud of you

Quoting robertw
...

in case you're lazy enough to look it up yourself, let me tell you that in any legitimate managed account the manager has no access to the funds, they sit in client's account and therefore they cannot just disappear other then through loosing trades and if you can do logical deductions that is not in the manager's interest since if he doesn't make money he doesn't get his performance fee. For most but obviously not all people this is a very simple concept to understand.

...
This is exactly right. As a survivor of a few I know the truth in your statement. There are far too many people on FF who blame all kinds of causes other than themselves when they blow their own account. When a manager does it then it is sad but surely and absolutely the manager makes nothing from such a foul-up.

Also I note that the profits were wiped out, not the initial stake (maybe a few percent).

Since you are still here, I would like to know what happened to cause that wipe-out - if you don't mind.
Minesweeper target: 284
Quoting Primate
Since you are still here, I would like to know what happened to cause that wipe-out - if you don't mind

Not a problem.
Simply too much leverage.
It was a long UJ/(tiny)EJ positions that I got in on too early.
I was convinced and I still am that we'll soon see 89-90 level again.
I initially enter my positions with about 1:5 or 1:6 leverage but in this case I broke one of my rules and then added too much to that original position (they call it martingale, I just saw a better opportunity).
I guess sometimes I'm still trying for that 100% a month even though I decided to slow down, it didn't work out but if it did I'm sure no one would complain about it, although it will work out on the other account but at smaller scale.
I am not looking to put blame for this anywhere else but myself, this was really stupid decision to keep adding but you can bet that that lesson will sink in for good now.


R
Quoting robertw
I wasn't going to post anymore but I think I need to set things straight and very clear.
Wow, what a tirade! And in CAPITALS as well. I'm not blind Rob. You don't need to use capitals to get your point across. It appears that I wound you up.

Noobs to this business don't know that 100% returns per month are rare. I didn't when I first became interested in forex.

Try and keep it green will ya .....
Nothing worth having is easy.
Thank God that some of the great minds in history didn't share a limiting viewpoints of their fellow humans even though most of them fought hard to preserve that limited view.

Isn't it funny how history constantly repeats itself.

Just because you or a group of people sharing your viewpoints can't do something don't judge or tell others what they can't do ok.

If you and your friends are happy with your 5% monthly be happy with it and go on with your life if I want to aim higher then I'm going to aim higher, if there is a group of people that want to aim higher with me then that is our choice.
I don't poke a nose in your business and I'm wondering why so many people poke a nose in my business. I have never asked them for money I have never traded or lost them any money, are they jealous? Am I taking your clients away from you? what is it? I fail to understand your true motivations and yet I have not heard a single negative comment from my clients that have suffered losses through my trading? (maybe I'm wrong but I guess they have higher standards)

R
Blah, blah, blah - you're boring me again.

See you are mistaken. You have a very short memory. You did poke your nose in my business. You called me a vulture on Kapend Investments thread and kept on and on at me to display one of my accounts when I wasn't even addressing you. So I displayed one of my accounts so you would leave me alone.

What you didn't address was my query on your thread where you blew the other account when the Dow dropped 900 points (you know the account before the latest one if you can't remember). Anyway, it doesn't matter, I'm not interested any more. I've seen enough of your managed account performance to know that I'm not interested in investing. Other people can make up their own mind.

One thing I can guarantee you though. When my account experiences that inevitable equity slide, I won't be deleting it and sweeping it under the carpet and pretend it didn't happen. I won't be embarrassed to show that this market takes prisoners.

And why would I need clients? I trade for myself.
Nothing worth having is easy.
Quote
Blah, blah, blah - you're boring me again.


Its actually you who bores me since your arguments are so weak and easy to disprove and anyway why do you even visit this thread then, maybe you like being bored?


Quote
See you are mistaken. You have a very short memory. You did poke your nose in my business. You called me a vulture on Kapend Investments thread and kept on and on at me to display one of my accounts when I wasn't even addressing you. So I displayed one of my accounts so you would leave me alone.

First of all I wasn't the one who poked the nose in my business first which required me to come out and state the truth. Yes, you are a vulture, when things go good you guys sit tight in your corner under the broom but once someone has a bad going you swarm like vultures.

Second asking you to show your results wasn't poking in your business just common sense response to someone who does not use common sense. Otherwise how do you explain accusing me of hiding my details when you either had them hidden as well or didn't have anything posted at all at that time (I don't waste my time on keeping track of such details). And yes just to play with your kinds curiosity I will always keep my details hidden

Did I challenge your trading methods or anything like that or say that there is only one way of doing things and then kept telling you that you are wrong?
Don't think so.

Quote
What you didn't address was my query on your thread where you blew the other account when the Dow dropped 900 points (you know the account before the latest one if you can't remember). Anyway, it doesn't matter, I'm not interested any more. I've seen enough of your managed account performance to know that I'm not interested in investing. Other people can make up their own mind.

Yes its somewhere here in the thread or in myfxbook history look it up if you're so curious and my comments on it as well and let me know what else you would like to know that has not been answered in those comments, maybe I'll have time to answer.
I don't dwell on the dead, I get up and keep going. Soon the amount that was lost I'll be making in a single quick scalping trade, while you guys are looking for blown accounts to have a discussion about.

Quote
One thing I can guarantee you though. When my account experiences that inevitable equity slide, I won't be deleting it and sweeping it under the carpet and pretend it didn't happen. I won't be embarrassed to show that this market takes prisoners.

Are you for real dude?
WOW, you can loose in forex?!?
Really this market takes prisoners?!?
Geez, you better read all those warnings and disclosures on my site.

I'm not embarrassed of anything I just don't like to be motivated by the bad experiences like your kind seems to dwell on. Again I take my lessons and I move on, I leave the carcasses for vultures to enjoy.

Quote
And why would I need clients? I trade for myself

I don't know or care, just asking what your true motivations are?

Again, that was easy and boring at the same time.
Come up with some challenging questions if you want to keep this going.

Anyway, enough fun for today, going to rest.

R
Quoting robertw
WOW, you can loose in forex?!?
Another tirade. Your posts are fascinating. A psychologist's dream. And it's lose, not loose. You don't loose in forex, you lose.

Anyway, shouldn't you be in the Commercial Forum along with the likes of Jacko Christ? Jacko runs away with investors' money, you just blow it every couple of months.

Seek help immediately.
Nothing worth having is easy.
Quoting robertw
Not a problem.
Simply too much leverage.
It was a long UJ/(tiny)EJ positions that I got in on too early.
I was convinced and I still am that we'll soon see 89-90 level again.
I initially enter my positions with about 1:5 or 1:6 leverage but in this case I broke one of my rules and then added too much to that original position (they call it martingale, I just saw a better opportunity).
I guess sometimes I'm still trying for that 100% a month even though I decided to slow down, it didn't work out but if it did I'm sure no one...
Rob,

Can I ask where you entered the UJ trade and if ur are still in it?.

I just pulled up a chart and and I can't see anything that would make me go long this pair.

Why are you so convinced or is it just hope and prayer stuff?.

You would give yourself much more creditability if you could convince us why you are long.
Quoting CrucialPoint
I know exactly what you mean
I used to reach 40-70 pips in 3 hours and then give it all back in the next 3 hours of trading.

I always analyze my trades at the end of the week. To an extent, greed does play a role. From years of research, here's what I can conclude: It doesn't matter how greedy you can get... if it is done right, it will be right. One can trade with discipline and be greedy at the same time, if you have a proven system (let me get to this proven system in the end).

Here is an interesting story. Believe it or not, this is...
Here is an interesting story. Believe it or not, this is true a true story. I traded for 18hrs straight (one time and never did it again). I took a break for 5 minutes every hour. In 18hrs, I turned $900 into $12,258 http://cdn.forexfactory.com/images/s..._the_floor.gif (approx 600pips). I went to sleep for the next 24hrs (just got up to pee then back to bed). Was it luck?... No. I'll explain in the end.


Don't know why I do it but every so often I surf FF to see if theres anything new worth reading.

Its garbage posts like this from clueless fruitcakes that will eventually persuade me to quit FF for good.
People, you two are obviously not on the same frequency. Well this just happens sometimes. Is it any good to rub someone the wrong way? If you push it harder, it'll get only worse.

when the beat ain't bad but the words are all wrong ... it's time to just move on ...

Rob, if you believe in your stuff, maybe you could keep the old accounts visible ... it would remind you of your mistakes and you could track your progress too ...
forget about tomorrow, just steal away into the night
Like I said find something more challenging to talk about.

And if you consider finding one misspelled word among the thousands I wrote your crowning achievement then this discussion is over. I'm just not willing to sink that low intellectually.

Everybody else with issues.
Markets will soon open, time for me to get back to work and to again ignore your tirades, you can keep sinking in your negative world, I need to focus on my path to the top.


Much success to those truly focused on it.

Robert
Quoting robertw
Like I said find something more challenging to talk about.

And if you consider finding one misspelled word among the thousands I wrote your crowning achievement then this discussion is over. I'm just not willing to sink that low intellectually.

Everybody else with issues.
Markets will soon open, time for me to get back to work and to again ignore your tirades, you can keep sinking in your negative world, I need to focus on my path to the top.


Much success to those truly focused on it.

Robert
http://www.forexfactory.com/showpost...&postcount=251

So are you gonna enlighten us then oh wise one
  • Post #256
  • Quote
  • Edited at 1:54pm Sep 12, 2010 1:33pm | Edited at 1:54pm
Quoting robertw
Hi

Yes, 100% per month is possible but no, its not easy at least most of the time.

This thread is about exploring set ups that will let us achieve this goal.

.
Isnt this putting the cart before the horse?

Your basically saying you can name your price and the market will pay you like your the boss of it or something

Wouldnt it be more reasonable to assume (on a high risk high reward strategy) that some months you may make 20% others 200%

This is an extremely dangerous mind set IMHO

EDIT; oh wow with a quick read of the past page Im guessing we've already been down this road. So sorry if Im repeating things already said
Time hides Nothing
Quoting robertw
Not a problem.
Simply too much leverage.
It was a long UJ/(tiny)EJ positions that I got in on too early.
I was convinced and I still am that we'll soon see 89-90 level again.
I initially enter my positions with about 1:5 or 1:6 leverage but in this case I broke one of my rules and then added too much to that original position (they call it martingale, I just saw a better opportunity).
I guess sometimes I'm still trying for that 100% a month even though I decided to slow down, it didn't work out but if it did I'm sure no one would complain...
Ok, and thanks for your honesty.
Good luck on the return journey.
Minesweeper target: 284
Quoting stewrigh
Rob,

Can I ask where you entered the UJ trade and if ur are still in it?.

I just pulled up a chart and and I can't see anything that would make me go long this pair.

Why are you so convinced or is it just hope and prayer stuff?.

You would give yourself much more creditability if you could convince us why you are long.

Friday I read an article about the guy who last year predicted that around now UJ would hit 80. Of course we can now see that he was right. He has again voiced his (personal) opinion that UJ will hit 70 ~ 75 by the end of this year, and something like 50 by the end of 2011.

There is some fundamental weight behind his opinion. The Chinese are shifting some of their huge quantity of US bonds into Yen; which is probably smart on two counts. Other European countries are following suit and rebalancing their holdings by buying the Yen.

The Japanese are rather unhappy about this because it is killing their exports, everybody else is laughing all the way to the exchange as their investments appreciate and their own country's output becomes more competitively priced in Japan.

The ominous cloud on the short-term horizon is that China has bought "an excessive amount" of short-dated Japanese bonds. ....why? Well I don't know but I am just wondering whether China is going to ask for redemption when those bonds expire instead of rolling them over into new bonds. It could also be that they expect Japanese rates to rise soon and want a better rate as a result. We shall see...
Minesweeper target: 284
On the weekly chart I can see that we are due a retrace to something like 88.70, but it might only go to 86.50 and that assumes a turn-around before it drops any lower. We have a few candles showing that the market is becoming tired of the current down phase.
Minesweeper target: 284
Quoting stewrigh
[color=Red]Here is an interesting story. Believe it or not, this is true a true...
To each his own. Personally, I find the psychotic fruitcakes as a decent source of entertainment.
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