Let's rank members by their performance in FF's trade explorer! | Page 7 | Forex Factory

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Let's rank members by their performance in FF's trade explorer!

  • #121
  • Jun 27, 2011 10:34am Jun 27, 2011 10:34am
Quoting bobowang
Humans are unpredictable.
No. if yes, how to earn money from the market?

ok. I will stop posting here. I just expect too much!
two words of advice before you go....Price Action....G/L
All systems of divination, like music itself,work through patterns.
  • #122
  • Jun 27, 2011 12:48pm Jun 27, 2011 12:48pm
Quoting Goat
Runners compare times. Racers compare mph. Traders are supposed to only compare ideas?
Not when they are running, racing.
.
  • #123
  • Jun 27, 2011 1:22pm Jun 27, 2011 1:22pm
Quoting bobowang
Humans are unpredictable.
No. if yes, how to earn money from the market?

ok. I will stop posting here. I just expect too much!

hey buddy havnt u heard this line

99% can talk the talk, only 1% can walk the walk.

if 99% wont teach and talk, hw will the 1% learn and walk?


regards
Wave
  • #124
  • Jun 27, 2011 1:31pm Jun 27, 2011 1:31pm
Quoting bobowang
ok. I will stop posting here.
Great idea!

Come on, where are the Mods?
Close this crap down! I couldn't even read past the first page.
  • #125
  • Jun 27, 2011 1:40pm Jun 27, 2011 1:40pm
haha this thread is hilarious!
  • #126
  • Jun 27, 2011 5:49pm Jun 27, 2011 5:49pm
Quoting mfoste1
haha this thread is hilarious!
I have loved it. Thanks guys.

  • #127
  • Jun 27, 2011 7:52pm Jun 27, 2011 7:52pm
sit down on'em bobo, make it count son!
Hej.
  • #128
  • Jun 27, 2011 8:28pm Jun 27, 2011 8:28pm
God almighty why hasnt anyone tried to stop this madness by just posting a short term system for this poor bastard to try?!?!?!??!

Here Bobo give Simone a go:

http://www.forexfactory.com/showthread.php?t=222988

Oh PS, sorry i cant provide you with any personal stats!
  • #129
  • Jun 27, 2011 8:39pm Jun 27, 2011 8:39pm
Quoting Jazznos
God almighty why hasnt anyone tried to stop this madness by just posting a short term system for this poor bastard to try?!?!?!??!

Here Bobo give Simone a go:

http://www.forexfactory.com/showthread.php?t=222988

Oh PS, sorry i cant provide you with any personal stats!
Then you MUST be a cheater!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #130
  • Jun 27, 2011 8:50pm Jun 27, 2011 8:50pm
Quoting realjumper
Then you MUST be a cheater!!!
  • #131
  • Jun 27, 2011 9:04pm Jun 27, 2011 9:04pm
This thread should be titled "forex facebook".....cheers mates
  • #132
  • Jun 27, 2011 9:48pm Jun 27, 2011 9:48pm
lemme ask this ---

why ....

when you are a proffesional poker player, all your stats is live and everyone know's excactly how much you win in every tournament and how much is his year of earnings -

a proffesional golfer like tiger woods- i know excactly how much did he win in 2010& 2011 and through his career , i know pretty much all of his stats

a formula 1 driver- i know or we all know how much they win and what is the wages salary etc etc -

why are a proffesional trader keep his winnings and % win so a big secret that the community cant see who is hot and who is not ?

all the above is also a prof. job ?
trading is no differance -

flame me -
i can handle it
  • #133
  • Jun 27, 2011 9:52pm Jun 27, 2011 9:52pm
Quoting smurfs
lemme ask this ---

why ....

when you are a proffesional poker player, all your stats is live and everyone know's excactly how much you win in every tournament and how much is his year of earnings -

a proffesional golfer like tiger woods- i know excactly how much did he win in 2010& 2011 and through his career , i know pretty much all of his stats
a formula 1 driver- i know or we all know how much they win and what is the wages salary etc etc -

why are a proffesional trader keep his winnings and % win so a big secret that the community...
Because all of those people earn their living in the public spotlight. Traders do not.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #134
  • Jun 27, 2011 9:54pm Jun 27, 2011 9:54pm
Quoting realjumper
Because all of those people earn their living in the public spotlight. Traders do not.
ok fair enough .
  • #135
  • Jun 27, 2011 10:02pm Jun 27, 2011 10:02pm
Quoting smurfs
lemme ask this ---
I have no problem with the original question of this thread really, I think its fair enough if people make representations that the only way they can back them up is with actual results... Its been everything thats happened after that which has pissed everyone off (and amused us)...

However, unlike the people you mentioned above, the traders here are not professionals operating in the public domain where they are part of of a transparent competition where they are inherently accountable.

People here have the choice to share or not share their results. It may be odd that so many dont, and its understandable to question that. Its just their choice though, bottom line... They arent generally here saying "im a trading ace, pay me and i'll trade for you" in which case they WOULD need to provide all credentials.

The point everyone has been trying to impress on Bobowang is its up to HIM to create his own success and no one or no system can do it for him ultimately. I know how it feels to need that encouragement and support from others at the start so i have sympathy from that perspective but he did say hes been trading for FOUR years so its a bit puzzling...
  • #136
  • Jun 27, 2011 10:08pm Jun 27, 2011 10:08pm
Quoting smurfs
lemme ask this ---

why ....

when you are a proffesional poker player, all your stats is live and everyone know's excactly how much you win in every tournament and how much is his year of earnings -

a proffesional golfer like tiger woods- i know excactly how much did he win in 2010& 2011 and through his career , i know pretty much all of his stats

a formula 1 driver- i know or we all know how much they win and what is the wages salary etc etc -

why are a proffesional trader keep his winnings and % win so a big secret that the community...
The performance of the best traders in the world (i.e. those who operate hedgefunds etc.) is given in their fund's prospectus. Unfortunately, to get a prospectus you must be a potential investor of the fund, and the documents are marked 'confidential.' So yes, traders do show their performance.

I'm surprised that so many people here are having this visceral reaction to this chap Bobowang. He is merely talking about showing performance statistics. Folks are actually mad at him about this, aggressively attacking him, calling him names, and twisting his words. I can understand not wanting to show performance stats, because I myself would not do it for competitive reasons, but you should be ashamed to call yourself a trader if you get mad at people who talk about performance statistics.
  • #137
  • Edited 10:31pm Jun 27, 2011 10:15pm | Edited 10:31pm
With the ability to hide balances and just show percentage gains on both Myfxbook.com and Trade Explorer
(so as not to disclose your multi-million dollar accounts )

..the truth is...

99% of the people here can't string together 3-6 months of consistent performance
without disclosing the stupid things they've done, or reveal their risk adjusted return,
or their ability to take HUGE drawdowns.
(myself included)

Quoting realjumper
Because all of those people earn their living in the public spotlight. Traders do not.
All CTA's, hedge funds, mutual fund managers, etc. have their performance available to the public.

Xaron and MACDoug were my "heroes" when Myfxbook.com went "live" (2009),
they showed it was possible to make 100%-300% in a couple months... likewise they also showed their 'blow-ups'.
If you are willing to show your mistakes... you get a ton of respect from me.

Honestly, there are multiple active threads on FF right now led by supposed "gurus"
who can't trade profitably for any length of time, nor do their followers have any positive performance to share.

There are profitable traders here, some who trade very large... and have no need to 'show-off'.

But for the rest of us, trading hundreds or a few thousand $$$ (essentially hobbyists or amateurs),
you should be proud of your good performance.
Taking a small amount and building it shows commitment and discipline.

The TRUTH is there are very few who have done it.

People like to post "hand-picked" charts and complex individual trade analysis,
but rarely do they tell you how they have done over their last 300-500 trades.
  • #138
  • Jun 27, 2011 10:36pm Jun 27, 2011 10:36pm
Bobby's premise that if you don't have stellar statistics to show the world at any given time then you are not worthy of being listened to is what got my tail up.

There's many a trader here who have, for example, blown a couple of accounts, and have learned enormously over a difficult period at the start of their trading, and I'd like to listen keenly to what these types have to say.

Bobby - he wouldn't listen to them. Shoot, if they started doing well, they'd be "cheaters". If they're not doing well, or just starting to get their mojo after a difficult time, he still wouldn't listen due to that lack of credible stats.

Similarly, great, experienced traders who simply do not wish to share their performance statistics with him will similarly be ignored even though they may have a trove of brilliant insights to share.

Note: he wouldn't share his method of trading, for fear it would shake the world and change trading as we know it.

Note: His $4k account is not his "serious" account, and he has all these disclaimers about it. His supposed "real" account, multiplied 20 times now, with 100% winning record is nowhere documented, not that I'd touch it with a barge pole, or someone elses barge pole..

He is an insecure fool, which is okay, as I could take it or leave it, but he's seriously limiting himself by not listening to people who simply don't wish to share their stats, or by those who share inferior stats (in his opinion). He dosn't seem to be able to filter good opinion from bad - a defining personality trait, it would seem.

The "ranking" of our worth via a tool most don't use is disrespectful. shortsighted, and shows a significant lack of understanding about learning, living and trading on his behalf.
  • #139
  • Jun 27, 2011 10:42pm Jun 27, 2011 10:42pm
Quoting Intu
all CTA's, hedge funds, mutual fund managers, etc. have their performance available to the public.
Well they are trying to get your business aren't they?.....of course they have their performances available to the public, otherwise they wouldn't get any business at all!!!!!


Quoting Intu
Xaron and MACDoug were my "heroes" when Myfxbook.com went "live" (2009),
they showed it was possible to make 100%-300% in a couple months... likewise they also showed their 'blow-ups'.
If you are willing to show your mistakes... you get a ton of respect from me.
Good for them. They choose to show their stats, I choose not to. So what?


Quoting Intu
Honestly, there are multiple active threads on FF right now led by supposed "gurus"
who can't trade profitably for any length of time, nor do their followers have any positive performance to share.
And you have successfully discovered that these supposed gurus are no good despite them not posting their accounts? So it shows that posting accounts doesn't equate to outing 'gurus' who can't actually trade.....you've just demonstrated exactly that.


Quoting Intu
There are profitable traders here, some who trade very large... and have no need to 'show-off'.

But for the rest of us, trading hundreds or a few thousand $$$ (essentially hobbyists or amateurs),
you should be proud of your good performance.
Taking a small amount and building it shows commitment and discipline.

The TRUTH is there are very few who have done it.

People like to post "hand-picked" charts and complex individual trade analysis,
but rarely do they tell you how they have done over their last 300-500 trades.
Let's be quite clear....I choose to not post my account details, any more than I would show you my bank account balance, my salary, my mortgage details, and a whole more *personal* details. You have no right to see them, and I choose to not show them......that is my right.

You have already demonstrated that it's possible to sort the 'wheat from the chaff' here without seeing peoples accounts, so you have no *need* to see them.

If you think that I am a useless trader because I don't prove my worth by publishing my account details, that's fine. That's your choice. It makes no difference to me whatsoever.

I am not here to tout for business, or customers etc......therefore I am not obliged to show you anything.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #140
  • Jun 27, 2011 11:19pm Jun 27, 2011 11:19pm
Perhaps you thought I was attacking your style or postings here on FF...
I was not. They were generalizations.

As for "personal details", I disagree with you.

Hiding your account balance and trade size but...
showing your trades, draw down, percentage gain, consistency, and compounded growth over time
is hardly akin to disclosing your salary or mortgage details.

Are you obliged to? Absolutely not.

My point was more about trading being a "performance" activity.

I could read a great book about golf, but I would probably do better (initially)
getting lessons from a club pro.

Quoting Intu

If I were lucky enough to be at a party with Mark Douglas (Trading in the Zone),
Bruce Kovner, and Paul Tudor Jones...

I would spend all my time talking to Kovner and Jones. I wouldn't even look in Douglas' direction.

Though Douglas writes well and it 'feels' good, Kovner and Jones have actually performed in the markets.
They have made billions. Trading is a performance activity.
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