Vegas results on C2 vs "real life" | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

Vegas Daily MT4 Expert Advisor results 29 replies

Vegas: "the house cares" 33 replies

Question for VEGAS and others using Vegas system..... 2 replies

Vegas results on C2 vs "real life"

  • #1
  • First Post: Apr 6, 2006 3:25pm Apr 6, 2006 3:25pm
Hi Vegas and co..

im a bit confused!
When reading all here on FF about Vegas and his great material, strategies, results e.t.c., and even trade the 4H method myself, I get a bit confused when I track the results on C2, the results there are not very impressing...I get the feeling that Vegas does not trade this on a regulary basis, thus the results seems to poor....Vegas can you please explain how much reality there is on the C2 results...
http://www.collective2.com/cgi-perl/...74212453513748

Any comments to make this clear?
thanks
  • #2
  • Apr 6, 2006 4:38pm Apr 6, 2006 4:38pm
Quoting fingotrader
Hi Vegas and co..

im a bit confused!
When reading all here on FF about Vegas and his great material, strategies, results e.t.c., and even trade the 4H method myself, I get a bit confused when I track the results on C2, the results there are not very impressing...I get the feeling that Vegas does not trade this on a regulary basis, thus the results seems to poor....Vegas can you please explain how much reality there is on the C2 results...
http://www.collective2.com/cgi-perl/...74212453513748

Any comments to make this clear?
thanks
i'll have to agree...pretty poor results...weak...$150 per month...i do like the vegas material...but these results...maybe there is an explanation...
  • #3
  • Apr 7, 2006 8:57am Apr 7, 2006 8:57am
I think the results on the C2 includes his past testing results.

Also the trades Vegas puts in on C2 are solely based off the rules of the VMB and not the 1hr or 4hour tunnel. One of the reason why he had that C2 set up was to give people a better understanding of the VMB methods.
Hope that helps
  • #4
  • Apr 9, 2006 10:34pm Apr 9, 2006 10:34pm
Quoting jotty
I think the results on the C2 includes his past testing results.
that maybe so...but the most recent results are pretty bad...
  • #5
  • Apr 9, 2006 11:28pm Apr 9, 2006 11:28pm
Quoting fingotrader
Hi Vegas and co..

im a bit confused!
When reading all here on FF about Vegas and his great material, strategies, results e.t.c., and even trade the 4H method myself, I get a bit confused when I track the results on C2, the results there are not very impressing...I get the feeling that Vegas does not trade this on a regulary basis, thus the results seems to poor....Vegas can you please explain how much reality there is on the C2 results...
http://www.collective2.com/cgi-perl/...74212453513748

Any comments to make this clear?
thanks
i know the answer to this but i will let dial reply. just shot him an email.
  • #6
  • Last Post: Apr 10, 2006 1:14am Apr 10, 2006 1:14am
Quoting fingotrader
Hi Vegas and co..

im a bit confused!
When reading all here on FF about Vegas and his great material, strategies, results e.t.c., and even trade the 4H method myself, I get a bit confused when I track the results on C2, the results there are not very impressing...I get the feeling that Vegas does not trade this on a regulary basis, thus the results seems to poor....Vegas can you please explain how much reality there is on the C2 results...
http://www.collective2.com/cgi-perl/...74212453513748

Any comments to make this clear?
thanks
(1) The stats on C2 include Vegas' test trades prior to beginning live signals.

(2) Live signals began on 2/9/06 if I remember correctly.

(3) This isn't traded frequently because signals don't occur frequently. There is an average of one signal per currency per month. That doesn't mean there will be one signal per currency every month. There will be weeks that pass with no signal, then there will be a cluster of them.

(4) If you're looking for the Holy Grail, this ain't it. I can safely say that because there is no Holy Grail system.

(5) Don't focus on individual trades. Look at the net results of a series of trades as that is the only thing that has statistical meaning.

(6) Since this system is so new, and because it trades so infrequently, not enough trades have passed to make any statistical judgements on.

(7) All systems experience dry spells. It just worked out that this system started in a dry, funky period of market activity. This is is from the emails from Vegas that he sends out to his subscribers when he thinks it is necessary to give additional insight as to why he worked a particular trade the way he did.

(8) If you want a look at reality, look at the following recent posts made in the VWB II thread:

Quoting erikcw
Has this been a great VWB week for anyone else? I am in free trades and up 50-150 pips on all 5 pairs that I traded this week. Fun stuff!
Quoting JSC77
Yup, I'm testing two weeks of Vegas and I had more pips flowing in than I ever had in all six months before (and still a couple of promising free trades running, including my new love gbp/chf +170). Things seem so clear now! Vegas, I'm very grateful.
Quoting MrMajik
My account was almost beat to the ground until I found this forum. Now it is up 686% since I started the VWVB Daily Chart Analysis thread around 6 weeks ago. I had $151 when I did my first Vegas trade. I now have $1187 :-) ((1187-151)/151 = 686%)
So to answer your question...this has been much more than a fun week. This is an awesome ride
(NOTE: MrMajik knows he is severely overleverage, but he figured what did he have to lose with only $151 in his account. I recall he said he would be cutting back his leverage to a normal level now, but check that for yourselves by looking at his posts in the VWB II thread)

(9) This is not a get rich quick scheme. Vegas calls this a wealth builder, yes, but he also says to expect 20 years of 3% per month.

(10) I'll repeat my favorite mantra here because it is so true, and so few traders understand the significance of it. Individual trades are meaningless. Only a series of trades has meaning. The few live VWB signals that have been sent do not constitute a large enough series to judge the VWB by yet.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
0 traders viewing now