Let's rank members by their performance in FF's trade explorer! | Page 8 | Forex Factory

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

  • #141
  • Jun 27, 2011 11:36pm Jun 27, 2011 11:36pm
Quoting Intu
Perhaps you thought I was attacking your style or postings here on FF...
I was not. They were generalizations.
No, I didn't think that. I apologise if it came across that way



Quoting Intu
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.
It is all personal data. What is the advantage to me, by publishing such data?



Quoting Intu

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.
And the person who wrote the book about golf is revealing his method in exchange for money isn't he? You pay him for that knowledge. Same for the pro club lessons. They reveal their secrets to you for a price.

If I was to be writing a book about trading, obviously I would have to include my stats. If I was going to be a trading coach...same thing.

However, I am doing neither of those things. I am just trading with my own system and enjoying myself. If someone asks for help, I will offer my assistance. They can take it or leave it, either way is fine with me. But, when I am called a 'cheater' by someone I offered to help just because I won't bow down to his demands to show my account details, I get a little pissed off.

As I said to him, you cannot put your conditions on someones help.

And as you have seen, because of his insistence that people bow down to him and publish their data before he will accept their help......he has received no help. He ended up with nothing......and that's what he deserved.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #142
  • Jun 27, 2011 11:42pm Jun 27, 2011 11:42pm
Quoting realjumper
But, when I am called a 'cheater' by someone I offered to help just because I won't bow down to his demands to show my account details, I get a little pissed off.

As I said to him, you cannot put your conditions on someones help.

And as you have seen, because of his insistence that people bow down to him and publish their data before he will accept their help......he has received no help. He ended up with nothing......and that's what he deserved.
I agree.
  • #143
  • Jun 28, 2011 2:34am Jun 28, 2011 2:34am
Quoting realjumper
Because all of those people earn their living in the public spotlight. Traders do not.
yes sir, also they will be hounded about there trading system, most traders like to keep a low profile.
  • #144
  • Jun 28, 2011 4:39am Jun 28, 2011 4:39am
Quoting bobowang
if you know how to generate a series ramdom data based on lognormal dist'n, can you find the difference between this random data and real market data? that the key to trade. most of the professors in the univ. can't find. including all the nobel prize winners.
Can you?
Yes, I can find the difference between random data and real market data. You can too using GARCH. Don't talk about what you don't understand.

BTW, very funny seeing all the people against the ranking of posters based on their "performances". But then again, 90% of traders are losers. Like Buffet says, when the water retreats you can see who is swimming naked.
  • #145
  • Jun 28, 2011 4:44am Jun 28, 2011 4:44am
Honestly whats the big deal with someone posting or not posting their live trading details?

So you can post your best single period of data. I know plenty of traders who make oodles of money consistently, yet couldn't teach a flea to jump.

Someone's stats doesn't necessarily mean that he or she is a great or horrid trader. Many people are specialists in the aspect of Technical Analysis that gets them up everyday. Many of those specialists offer insights into the niche around which they have designed their trading.

Does the fact they do not post glorious numbers make them horrid traders and worthless for information? I think not. Can the student offer a gem of information that makes one say 'hmm?'. I believe so.

In the end, one must use their own critical thinking skills to determine the validity of a statement.

But then again, based upon this thread, my lack of posting within FF means what I have to say is of little importance anyway.
  • #146
  • Jun 28, 2011 5:47am Jun 28, 2011 5:47am
Quoting smurfs
flame me -
i can handle it
Well this isn't a flame, and I hope you don't mind me using you as an example, but 9 posts, 2 charts posted, and 3 vouchers ties into the basic premise of bob's argument.

Since I don't know anything about your trading, you may well deserve your vouchers and the 9 posts and 2 charts may have been smoking hot analysis, but it used to take a lot of work and a consistent track record over a long period of time before people got vouched on FF.

Even if bob's proposal lacks any common sense, some of his frustrations are valid.

The voucher system is so broken at this point that many 10+V members don't know how to trade, and they're vouching for people even less qualified than them, so it's become meaningless at this point.

It can be very confusing for new traders looking for direction when they're starting out.

bob got the right advice early on from Patience and a few other's to pay attention to his own trading results and not to be looking to others here for advice. I would like to add, there are much better ways to learn trading than trying to pick up knowledge piecemeal on a forum. Every "system" or thread that dispenses trading advice on FF has gotten their information from studying the methods of successful traders.

James 16 took his core system from Martin Pring. Many others are regurgitating Nison, Gann, Wyckoff, Murphy, Bulkowski, Livermore, Seiden and a host of others.

All of the information rehashed on FF has come from more reputable and comprehensive resources, so a much better place to turn to for actual learning are the masters themselves.
  • #147
  • Jun 28, 2011 5:59am Jun 28, 2011 5:59am
Quoting Intu
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)



All CTA's, hedge funds, mutual fund managers, etc. have their performance available to the public.

Xaron and MACDoug...
Good post. I honestly feel that in time you will see more and more people becoming very successful in the FX game. The retail FX market is a new frontier for so many people. Of course, banking institutions and hedge funds have been trading FX since its inception....but the small retail guy is just getting a whiff of this thing. I cannot tell you how difficult of a transition it was for me to transition from trading equities to trading FX. You are talking about going from a 8 hour market to a 24 hour market. I had to go from a relatively fast paced environment to a market that was fast paced one minute and excruciatingly slow another minute. You have to make massive changes in your trading approach when switching from equities to FX.
  • #148
  • Edited Jun 29, 2011 11:31am Jun 28, 2011 9:14pm | Edited Jun 29, 2011 11:31am
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!
thanks a lot! and you are an active poster in their threads.
it's a good example to show us why a real performance in FF's trade explorer is necessary for us here.
look at that thread. can you tell if the starter is a good trader or not? you may follow that thread for one year to learn it and still can't figure it out! just a waste of time, and make your learning of trading fx so hard.

the starter of that thread can make 100% profit in one single week, and he gave out live calls, showed his performance in pic.

Quoting simoneg
Performance of SFM to date.
first, the thread started from 2,27,2010, and after almost half a year, the starter stop posting. before that, his trading size still 1 mini lot,
Quoting simoneg
Well I am out of my shorts +100.9pips and through for the week. You all have a wonderful rest of week and great weekend!

Many Blessings!
is that weird? he can make 1000 times profits in 10 weeks! why still traded that small size after half a year?
maybe it's still ok! fine.
let's look at another active poster in that thread,he was banned by FF:
Quoting Stanton81
Hello fellow traders.

Aswilled of the sfm thread and berniemaddof of the bobokus thread and his own threads.

Forex Factory doesn't like pro traders to teach newbies
how to trade because they feel they will lose surfers.

So they forced me off FF when they found out I do 100+ a day
and showing others how to do it.

If you would like to make 50-100 pips a day trading,
you can follow me at this other forex forum site

http://forum.mt5.com/forumdisplay.php?37-Advertisement

and search out my name aswilled.

When...
and a member's reply to him:
Quoting baron193
Wow, great, and it comes with free pop ups and other shit when you enlarge the pictures...
FF banned you because you are successful????
I can smell good old Bullshit.

I don't wanna argue with you guys any more! some guys are so rude! hope everybody can understand why and be careful.
  • #149
  • Jun 28, 2011 10:38pm Jun 28, 2011 10:38pm
I think people here should cut him some slack. What's wrong with backing your statements up of being successful by nothing other than looking at performance, demo or otherwise? I think people are overly being defensive here. Must have struck some nerves around.
  • #150
  • Jun 28, 2011 11:39pm Jun 28, 2011 11:39pm
Quoting [Sniper]
I think people here should cut him some slack. What's wrong with backing your statements up of being successful by nothing other than looking at performance, demo or otherwise? I think people are overly being defensive here. Must have struck some nerves around.
No one has made such a statement
Doing what you like is Freedom. Liking what you do is Happiness.
  • #151
  • Jul 1, 2011 1:51am Jul 1, 2011 1:51am
Quoting realjumper
No one has made such a statement
That was what was implied on his post.
  • #152
  • Jul 2, 2011 2:58am Jul 2, 2011 2:58am
Quoting Intu
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)



All CTA's, hedge funds, mutual fund managers, etc. have their performance available to the public.

Xaron and MACDoug...
I agree with you 100%.

Nothing to blame anyone. Each to his own.

I am agreeing with you from my personal experience and what trading has tought me over the years.

First of all i am no expert or professional trader , whatever i am writing here is from personal experience.
I have blown many accounts , have lost a lot of money trying to work out in trading . I am still learning from my mistakes though at times vulnerable to repeat them when my emotions take the best of my logical brain.

What i have learnt over time is that the trading has nothing to do with what others think ;but rather what you think of yourself ,your mistakes and what steps you do to improve on them and avoid doing same.
Its easy to type those words but far more difficult to put them in practice.
I made mistakes repetatively and still do.
I am long way from being a professional trader , but understanding basic things and while trading letting your logical mind be over the basic instincts have helped me to overcome some things and make some money which is far from being profitable compared to losses i have endured and emotional stress i have gone through.

Only thing i would like say is we must keep improving ourselves rather than commenting on others opinions , that way we can be the next thing who will be discussed about success or trading improvement whether we want or not.

Still learning and will always be ...
BEING PROFESSIONAL IS ALL ABOUT HOW YOU CONTROL FASTEST THING--UR MIND!
  • #153
  • Jul 4, 2011 3:17am Jul 4, 2011 3:17am
You have interesting discussion here.
  • #154
  • Jul 5, 2011 6:54pm Jul 5, 2011 6:54pm
I don't know about ranking as all traders have differing risk thresholds, and I don't think it should be a replacement to the voucher system, but I think attaching the trade explorer to a traders journal/system thread shows more proof of experience in the matter.

Many of us on the site are newbie's reading about this exciting new field for us and can invest a lot of time only to find that 500 pages in the strategy falls apart and new indicators/rules are introduced or the creator starts taking deposits for mentoring then disappears. I am grateful to have found so many experienced people on this site offering free advice but think the addition of the explorer assists in sifting out the fakes just as much if not more than the vouchers.

Ranking members, however, could potentially cause FF's visitors to place a heavy weight on a certain system and cause large losses to it's followers as ranking by gains can give exposure to very high risk strategies.
I fought the SNB and the SNB won.
  • #155
  • Jul 5, 2011 7:29pm Jul 5, 2011 7:29pm
Quoting bobowang
It's so hard to tell who is a successful trader and who is not, just based on how many posts he wrote or how many vouchers he got.
You can easily find that some guys who have a big number of vouchers don't know how to trade in fact from their results in FF's trade explorers! It's so funny!

you can see the results in FF's trade explorer by this link:
http://www.forexfactory.com/sitesear...st+Month&sa=Go
let's...
why have you closed your trade explorer Bobo, some losses mount up you don't want us to see?

scfx
The best indicator is price.
  • #156
  • Jul 7, 2011 2:13am Jul 7, 2011 2:13am
Quoting scfx
why have you closed your trade explorer Bobo, some losses mount up you don't want us to see?

scfx
Good and reasonable guess!!!
But, no. I stoped trading that account. That's not my system.
  • #157
  • Jul 24, 2011 3:42pm Jul 24, 2011 3:42pm
Here you can see my live performance. Stops, pending orders and lots are hidden of course.

http://www.forexfactory.com/diavolul
  • #158
  • Edited 6:44pm Aug 17, 2011 11:48am | Edited 6:44pm
Quoting Anup
I agree with you 100%.

Nothing to blame anyone. Each to his own.

I am agreeing with you from my personal experience and what trading has tought me over the years.

First of all i am no expert or professional trader , whatever i am writing here is from personal experience.
I have blown many accounts , have lost a lot of money trying to work out in trading . I am still learning from my mistakes though at times vulnerable to repeat them when my emotions take the best of my logical brain.

What i have learnt over time is that the trading has nothing...
wa, I just notice your performance in trade explorer. so amazing. keep it going!!! and I just wonder why you trade so heavily in your last trade? it only earned 49 pips, but made 109.5% profit.

Your strategy is really great! just remember don't trade heavily, that will blow out your account, even if the strategy is great!
Trading with small amount will not losing money for a very long time even if the strategy doesn't work. believe me, my major is stat in finance. then why 80% or 90% traders lose money? they just traded too heavily, then they have a high prob. to hit the lower absorb wall in a short time. trading heavily can also kill a working strategy.
  • #159
  • Aug 22, 2011 8:46am Aug 22, 2011 8:46am
here is another example:
look at this thread
"Silent Service Method", http://www.forexfactory.com/showthread.php?t=155431
it's a huge thread with 865 pages, and look at the comments on him. very impressive:
Oct 26, 2010 4:17am
kingfisher
He knows the truth of trading, he speaks it..excellent mentor for newbies.

=============================
He knows the truth of trading, he speaks it..excellent mentor for newbies.
<LI id=vmessage5983 class=floatcontainer>

Sep 28, 2010 11:58am
Venice
Hello from Gahanna yourself! :-)
<LI id=vmessage3347 class=floatcontainer>

Dec 16, 2009 12:45pm
kodflakes
A very methodical and well disciplined strategist in the end finds a way to make things go smooth and well like clockwork
<LI id=vmessage3016 class=floatcontainer>

Nov 12, 2009 1:53pm
wh1zz0
A really really great trader who says it as it is without sugar coating the facts! This humble man is worth more than even 20v's. I salute you sir!
<LI id=vmessage2320 class=floatcontainer>

Aug 20, 2009 4:16pm
nAVIN2007
A true mentor....has helped me to get to where i am today, thanks chris for all u have done for u..i may have given up without your input thanks bro!
<LI id=vmessage1535 class=floatcontainer>

Jun 20, 2009 8:25am
split_unit
If i had the authority to vouch, Clockwork would definatly be at the top of my list,his karma levels are very high, his dedication and willingness to help others at this difficult game is beyond what average good guy does.

Clockwork I hope the market pays you double and triple of what you aim to acheive because you certainly deserve it.
=======================

and the starter linked an account to FF trade explorer.
http://www.forexfactory.com/clockwork71
You can see it's a demo account and keep losing money. So funny,ha?
that means after 865 pages discussions, this great starter still don't know how to trade. So, in some sense, you don't need to read the whole thread and save huge time of you.
But the starter is not a cheater, he is honest. cheaters will never like to show their performance!!! if you ask performance from them, they will be very angre to you!! that's a good way to judge if the guy is a cheater or not!
  • #160
  • Dec 3, 2011 7:37am Dec 3, 2011 7:37am
hello dear traders.
i have a question about trade explorer page , ""Leaderboard"" section.

actually , i have just registered in Trade Explorer in a few days ago ,
less then a week.
i can see my trades in ""Trades"" section and it is ok.
but , is there a time limit for "Leaderboard" section ?
thanks and regards.
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