The Scrap Heap | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

The Scrap Heap

  • #41
  • Jul 5, 2011 10:00pm Jul 5, 2011 10:00pm
Quoting auxesis
Wow

One of Aesop's fables was a story about a Fox and some grapes, hence the idiom "sour grapes" or the premise of pretending to not care for something one can not have.

regards,

aww, that's cute. another one of those people. cool story bro.
Congratulations ScalaFX for coming out of the closet!
  • #42
  • Jul 5, 2011 10:09pm Jul 5, 2011 10:09pm
Quoting nubcake
i am funny? you are too kind. i really like how you love using that same laughing character that fti uses all the time. you are truly a minion worthy of his praise.

anyway this is interesting. i'll play this game with you for now...

what i remember is fti and his minions having a load of posts removed from the thread due to clearly violating twee's rules. i remember fti having a big old cry because he wasn't treated differently to every other member on FF and wasn't permitted to spew his religious bullshit on a forum that forbids such actions,...
Ok...I grant you some time...I learned a lot from fti's teachings....Actually this is the only way I trade...It happens that I was looking into something similar before I found him...It works very well for me..
I am sorry it did not work for you...
I know I know his ways of teaching are very odd and sometimes tough but,...
whatever...it did work for me...I am very grateful to him. He might be gone forever, but his teachings will be practiced by those who learned it...
Actually the thread already met it purpose and most people are on their own...
...indeed, it is NOT a system but a very discretionary way of trading.
I mean, a way of thinking...
those that did not get it..did not get it...
and that it not something to have bad feelings about.
His religious things are his...
I make no comment about it.
Everyone is free to share whatever they find important in their lives.
Hey, if it is not important to them, why to share it at all?
Any way, let us leave it at that...
Good luck to you and happy pipping.
Empty as water and soft as a facing wind mountain
  • #43
  • Jul 5, 2011 10:13pm Jul 5, 2011 10:13pm
Quoting luSan
Ok...I grant you some time...I learned a lot from fti's teachings....Actually this is the only way I trade...It happens that I was looking into something similar before I found him...It works very well for me..
I am sorry it did not work for you...
I know I know his ways of teaching are very odd and sometimes tough but,...
whatever...it did work for me...I am very grateful to him. He might be gone forever, but his teachings will be practiced by those who learned it...
Actually the thread already met it purpose and most people are on their own...
and...
i don't discount anything you just said... my point remains that by this time next year, vanished. the next best thing in town will be in it's place. full-circle.
Congratulations ScalaFX for coming out of the closet!
  • #44
  • Jul 5, 2011 10:27pm Jul 5, 2011 10:27pm
Quoting tdion
Yeah, every single one of my threads is dead. I wasn't "throwing stones" so much as making observations that in my 6 years of being a member on this forum, I have seen a lot of whiz bang methods come and go.

The herd psychology of the masses... hopping aboard the next best thing, with visions of yachts and lamborghinis in their head, only to see the original poster abandon it after a few months.

Jacko is probably the most memorable, but it is fun to reminisce over the snake oil salesmen, no?

This is a very entertaining thread. If it weren't,...


Ha ha! Well Tom, I'll come down on the other side and say that I always enjoy your "drive-by threads." Even if I don't post, I always visit any new tdion gems that I happen to see listed on the main page.
  • #45
  • Jul 5, 2011 10:28pm Jul 5, 2011 10:28pm
Quoting nubcake
i don't discount anything you just said... my point remains that by this time next year, vanished. the next best thing in town will be in it's place. full-circle.
Nah, Unfortunately with FTI's health the way it is he will be less active, that's a given but with the nature of the thread it will survive, on the otherhand I predict within the next year Nubcakes will have moved his unprofitable but not unintelligent membership elsewhere.

Time to find something constructive to do, where's today's paper?
  • #46
  • Jul 5, 2011 10:32pm Jul 5, 2011 10:32pm
Quoting auxesis
Nah, Unfortunately with FTI's health the way it is he will be less active, that's a given but with the nature of the thread it will survive, on the otherhand I predict Nubcakes will have moved his unprofitable but not unintelligent membership elsewhere.

Time to find something constructive to do, where's today's paper?
nyuck nyuck nyuck. haw haw haw. you are hilarious auxesis and more of fti's favourite emoticons. classic stuff. let's revisit this in 12 months and you can eat humble pie.
Congratulations ScalaFX for coming out of the closet!
  • #47
  • Jul 5, 2011 10:34pm Jul 5, 2011 10:34pm
Quoting nubcake
nyuck nyuck nyuck. haw haw haw. you are hilarious auxesis and more of fti's favourite emoticons. classic stuff. let's revisit this in 12 months and you can eat humble pie.
Time will tell my friend, until next year
  • #48
  • Jul 5, 2011 10:37pm Jul 5, 2011 10:37pm
I recognize way too many names mentioned so far. Most have not cost me any money though...maybe I should thank Steinitz for opening my eyes to the sharks for that. And if anyone is confused by that last statement, let me clear it up...I lost money attempting to implement his robots, which made me far more cautious following other would be gurus...I just checked and discovered he is still in business, now that's something I find surprising.
Hope for the best, but prepare for the worst
  • #49
  • Jul 5, 2011 10:38pm Jul 5, 2011 10:38pm
The biggest one to me is easy. OZFX. I know about the other threads mentioned here but OZFX is right there with any thread mentioned.

Regards,
Jeff
  • #50
  • Jul 5, 2011 10:41pm Jul 5, 2011 10:41pm
Quoting auxesis
Time will tell my friend, until next year
synchronize our watches..... NOW!

i don't think anyone has mentioned that bosun champ. brijon's bff
Congratulations ScalaFX for coming out of the closet!
  • #51
  • Jul 5, 2011 10:42pm Jul 5, 2011 10:42pm
Another one is the Bat strategy by team aphid. I can never forget that one either.

Regards,
Jeff
  • #52
  • Jul 5, 2011 10:45pm Jul 5, 2011 10:45pm
Quoting azjeff
Another one is the Bat strategy by team aphid. I can never forget that one either.

Regards,
Jeff
That one actually sort of worked for me...although I really only use the principle behind it to get a better entry nowadays though.
Hope for the best, but prepare for the worst
  • #53
  • Jul 5, 2011 10:54pm Jul 5, 2011 10:54pm
Well they started Managed accounts on Oanda and could not cut the grade and folded up shop. I do not think they were dishonest but that thread is done and they failed in trading their own strategy.

Regards,
Jeff

Quoting StudentX
That one actually sort of worked for me...although I really only use the principle behind it to get a better entry nowadays though.
  • #54
  • Jul 5, 2011 11:00pm Jul 5, 2011 11:00pm
Quoting azjeff
The biggest one to me is easy. OZFX. I know about the other threads mentioned here but OZFX is right there with any thread mentioned.

Regards,
Jeff

Yeah, that OZFX was a classic. I can remember myself and one other poster showing ozfx claiming losing trades, as winners. Out of the hundreds following that scammer not one response to our posts. They were blinded by the $ signs in their eyes, and he suckered them in.

I feel sorry for a lot of the people Jacko caught, but the suckers ozfx caught, deserved what they got.
  • #55
  • Edited 11:13pm Jul 5, 2011 11:09pm | Edited 11:13pm
Quoting azjeff
Well they started Managed accounts on Oanda and could not cut the grade and folded up shop. I do not think they were dishonest but that thread is done and they failed in trading their own strategy.

Regards,
Jeff
I never signed up, I don't do that...I will take strategies apart and tweak them until I get something useful out of them or bin them altogether though. As I recall when backtesting I got it to produce a reasonably stable, albeit small profit over the longer term on higher timeframes. I only switched the BAT lines when price closed on the other side of the line (not a cut as they recommended). I experimented for a while trying to improve the retracement entries they gave as that part seemed to cause me trouble and I tried to filter it from a higher timeframe, which didn't work for me either.

This thread is a great reminder to people that they should check and test everything for themselves before putting their money on the line.
Hope for the best, but prepare for the worst
  • #56
  • Jul 5, 2011 11:17pm Jul 5, 2011 11:17pm
Pete Souris ( mouteki - was it really him?!) and his Fib zones and forex gemini. Another failed system. I see where he has moved onto something else.
  • #57
  • Jul 5, 2011 11:25pm Jul 5, 2011 11:25pm
FxPrime is another one. I almost forgot about that one.

Regards,
Jeff
  • #58
  • Jul 5, 2011 11:48pm Jul 5, 2011 11:48pm
billbss, wasn't sidus from orangerashan?

I remember the very first forex system I ever saw on forex factory - it was ElectricSavant's Cash and Carry System... anyone remember that one?

http://www.forexfactory.com/showthre...3838#post23838

In those days, there was a paid section of the forum that had 3 to 5 "pro" traders that would offer advice. I think James16 was briefly a part of that effort, before breaking off and starting his own group. I could be mistaken.
  • #59
  • Jul 6, 2011 3:08am Jul 6, 2011 3:08am
Sidus was from Sidus.

http://www.forexfactory.com/showthread.php?t=6137


OrangeRoshan did SRDC

http://www.forexfactory.com/showthread.php?t=9471
  • #60
  • Jul 6, 2011 3:22am Jul 6, 2011 3:22am
This was a big one for a while.

Trading In 8 Pairs

http://www.forexfactory.com/showthre...ighlight=TIGER


He wound up claiming to make 800 pips a day- every day.

Merlin threw him off after he demanded that his followers send him money to donate to his "charity".
0 traders viewing now