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The life of a trading system on Forex Factory

  • #241
  • Mar 23, 2012 3:43am Mar 23, 2012 3:43am
Alien Frog,

The first line is actually right.....many eloquent writers here at the factory & hence the birth of LazyPawn most thought provoking thread. Eloquent writers do not always (=) great traders.

________________________________
  • #242
  • Mar 23, 2012 4:49am Mar 23, 2012 4:49am
Quoting bluesteele
LMAO.... Thanks Bud for the laugh ! I always appreciate fans like you!

Keep up the good work !

WOW.... you wouldnt believe it I just saw a ghost. Looks like Jacko.....LOL

Toddle Loo N2
Fans? I just hate people who got double standards. Accusing others of being stupid while being stupid at the same time.

Nothing personal tho but bluestelle is a classic example of such disaster.
  • #243
  • Mar 23, 2012 5:37am Mar 23, 2012 5:37am
Quoting pipmutt
Jacko, lol, maybe this Alorente character is his reincarnation!
Whatever happened with that in the end, did investors get their money back?
Anyway, looks like you got yourself a stalker there Blue, I wonder if we're going to see some virtual bunny-boiling!
Nah ..... Al is a nice guy. He really wanted to help people at his thread, he's posting his trades actively.
http://www.forexfactory.com/attachme...2&d=1330807452
http://www.forexfactory.com/attachme...9&d=1330599363
http://www.forexfactory.com/attachme...0&d=1330599398
http://www.forexfactory.com/attachme...9&d=1330506494
http://www.forexfactory.com/attachme...6&d=1330506341
No longer trading forex. Looking for full time job.
  • #244
  • Mar 23, 2012 5:39am Mar 23, 2012 5:39am
So you are him under another nickname. Ok we solved that now.

Quoting mmaker
Nah ..... Al is a nice guy. He really wanted to help people at his thread, he's posting his trades actively.

http://www.forexfactory.com/attachme...9&d=1330599363
http://www.forexfactory.com/attachme...0&d=1330599398
http://www.forexfactory.com/attachme...9&d=1330506494
http://www.forexfactory.com/attachme...6&d=1330506341
  • #245
  • Mar 23, 2012 5:22pm Mar 23, 2012 5:22pm
Quoting mmaker

Nah ..... Al is a nice guy. He really wanted to help people at his thread, he's posting his trades actively.
Sorry you're mistaking me for someone who gives a shit about what Al or his lemmings do!
  • #246
  • Mar 23, 2012 9:13pm Mar 23, 2012 9:13pm
Quoting mmaker
Nah ..... Al is a nice guy. He really wanted to help people at his thread, he's posting his trades actively.
http://www.forexfactory.com/attachme...2&d=1330807452


Well I will be a monkey's uncle, AL is none other than
the "Ghostbuster" Dan Akroyd ! ! !



BOO !
Master your Mind,,,Master the Market
  • #247
  • Mar 23, 2012 11:08pm Mar 23, 2012 11:08pm
Quoting bluesteele
Well I will be a monkey's uncle, AL is none other than
the "Ghostbuster" Dan Akroyd ! ! !

BOO !
Getting into personal attacks now? Says alot about you.
No longer trading forex. Looking for full time job.
  • #248
  • Mar 24, 2012 2:45am Mar 24, 2012 2:45am
Quoting bluesteele

Well I will be a monkey's uncle, AL is none other than
the "Ghostbuster" Dan Akroyd ! ! !



BOO !


One and the same!

If there's something weird and it don't look good, who ya gonna call......


http://www.zuguide.com/image/Dan-Ayk...-Busters.1.jpg


"Do you believe in Extreme TMA, Recovery Trades, UFOs, astral projections, mental telepathy, ESP, clairvoyance, spirit photography, telekinetic movement, full trance mediums, the Loch Ness monster and the theory of Atlantis?"
  • #249
  • Edited 1:40pm Mar 24, 2012 10:34am | Edited 1:40pm
Wow LP. You are channeling most every poster on FF. lol

I came to this thread after reading your post on another thread. Initially I just glossed over what you had to say as just another of the threads numerous detractors. I mean after all, what could you possibly know about anything when the thread you were posting in had over 650 pages of kudos from 10v followers?

Then I started thinking about what you posted and took a closer look at your suggestion, which was to have a look at the revised (cleaned up) complex indies touted by all to be the "Almost Grail". These same Grail indies produced 3 totally different results on 2 comp and 3 platforms. Not to mention slowing my comp way down.

After trying your suggestion, voilà! All platforms ran smoothly and had exactly the same values.

The OP's response was a dismissive "I've tried those indies and they are they are no different from the ones I brought here".

That same thread is now degenerated into 10% posts regarding trading and how to go about it (mostly by one of the threads contributors) and 90% pissing contest. I've tried subtle comments like, "Hey guys, can we put aside Drama Hour and get back to trading", but it seems the threads participants have (for the most part) been vaccinated with the Jerry Springer Virus. For anyone not knowing who Jerry Springer is, he used to have a daytime talk show that gave it's audience juicy bits of human drama to feed on, based on ripping people apart in front of millions of viewers. Viewers who, for the most part, had no life of their own, or thought that they knew that the most righteous way was the Best Way. Blah Blah Blah.

Sorry, I must go now. Reruns of Jerry Springer are coming on...
Darryl

"It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle
  • #250
  • Mar 24, 2012 2:02pm Mar 24, 2012 2:02pm
Quoting pipmutt


One and the same!

If there's something weird and it don't look good, who ya gonna call......


http://www.zuguide.com/image/Dan-Ayk...-Busters.1.jpg


"Do you believe in Extreme TMA, Recovery Trades, UFOs, astral projections, mental telepathy, ESP, clairvoyance, spirit photography, telekinetic movement, full trance mediums, the Loch Ness monster and the theory of Atlantis?"

LOL...I believe in it all Muttley ! Well except for the Extreme TMA and recovery trades !


WOOF !
Master your Mind,,,Master the Market
  • #251
  • Mar 24, 2012 10:41pm Mar 24, 2012 10:41pm
The Extreme TMA System is supposed to be a high winning rate scalping method (smaller target), but the followers have taken losers overnight and holding over weekends. Let's see how their recovery procedures can save these trades ...... with no stop loss.
Quoting penet
Hah me too and my trade have -80pips ... I hope it will drop soon.
Quoting ill_be_back
still holding short
eurusd
euraud
gbpusd
all negative for now
Quoting nanningbob
No one here is using martingale strategy. I dont teach Martingale trading and neither does Al. We do use recovery trades and we do not blow up accounts. If you call recovery trading martingaling then you are 100 % misrepresenting it. I have written enough, this is AL's thread. Night.
No longer trading forex. Looking for full time job.
  • #252
  • Mar 24, 2012 10:48pm Mar 24, 2012 10:48pm
Just realized the Extreme TMA System is ranked 12th and still a long way from touching the most popular Sonic R System (another one that does not use stop loss, what they called "mental stop").
Attached Image (click to enlarge)
Click to Enlarge Name: SonicR.png Size: 134 KB
No longer trading forex. Looking for full time job.
  • #253
  • Mar 25, 2012 7:56am Mar 25, 2012 7:56am
lets put this into context.

nobody on this or any other forum has devised a 100 % mechanical trading system,,mathematically its impossible,unless you have found away of skewering the maths.

so where does that leave us,

we have to implement a descesionary element to solve the maths,

lets first look at why these system threads have so many followers,the most popular dont employ stops,this is the reason why they are so popular,

what ever system you create employing no stops,over a 1000 trade test,you will always end up back to 0,0 being were you started,- the spread ,thats fact .because your collecting profits before the black swan arrives it appears sucsesful,and it would not burn out your account,always returns to 0,_ the spread.for most this is a starting point,but 90 % dont surpass this piont because they fail to understand the very basic maths.now the interesting part,some actually make consistant profits,there unaware as to why but believe that its because the system is the reason,but its not,its because inadvertantly they are skewering the maths without realizing it .they become the protecters of the system,why wouldnt they,unfortunatly because they dont realize the simple truth,eventually they will end up back at 0.im not sure if the op .s are aware of this truth,if they are then they infact would be decieving people.

so with this knowledge ,we can learne,we need 1 element of descresion in our system.

every ea that returns constant profits has a very simple piece of logic .when to trade and when not to.

regards
me
  • #254
  • Mar 25, 2012 9:14am Mar 25, 2012 9:14am
Quoting mister me
lets put this into context.

nobody on this or any other forum has devised a 100 % mechanical trading system,,mathematically its impossible,unless you have found away of skewering the maths.

so where does that leave us,

we have to implement a descesionary element to solve the maths,

lets first look at why these system threads have so many followers,the most popular dont employ stops,this is the reason why they are so popular,

what ever system you create employing no stops,over a 1000 trade test,you will always end up back to 0,0 being were...
Why should these threads create a 100% mechanical trading system? In fact, none of these threads are aiming for 100% mechanical so your point is mute. I think you are stuck at your own logic, and as long as there are any elements of discretionary decision making, you are going to say that these systems don't work. The fact is these systems have been around with collaborations and sharing of ideas longer than you have been here. If you have not contributed to their collective development then I think you are not qualified to say if their system work or not.

The most popular thread Sonic R System has 32,660 posts and you can't just brush it off with your own stuck logic to say it doesn't work.
No longer trading forex. Looking for full time job.
  • #255
  • Mar 25, 2012 9:55am Mar 25, 2012 9:55am
Quoting mmaker
In fact, none of these threads are aiming for 100% mechanical so your point is mute.
Gotta love those "mute points"....I guess no one can hear them!!!!
  • #256
  • Mar 25, 2012 10:37am Mar 25, 2012 10:37am
Quoting mmaker
Why should these threads create a 100% mechanical trading system? In fact, none of these threads are aiming for 100% mechanical so your point is mute. I think you are stuck at your own logic, and as long as there are any elements of discretionary decision making, you are going to say that these systems don't work. The fact is these systems have been around with collaborations and sharing of ideas longer than you have been here. If you have not contributed to their collective development then I think you are not qualified to say if their system...
your missing my piont.

and i didnt say they are not profitable,im saying they have not identified what breaks the maths .and if you cant identify whats skewering the maths then evetually you will return back to zero.

im refering to systems that dont use stops,and the reasons why they have such a following.but if you look at the core ,all your doing is indirectly trying to defy the maths and ofcoarse its possible

regards
me
  • #257
  • Mar 25, 2012 11:01am Mar 25, 2012 11:01am
Quoting mister me
lets put this into context.

nobody on this or any other forum has devised a 100 % mechanical trading system,,mathematically its impossible,unless you have found away of skewering the maths.
well, I did. You just need to exploit an inefficiency in the market. And not sure what you mean with skewering the maths. All you need is a positive expectancy system.


Quoting mister me
so where does that leave us,

we have to implement a descesionary element to solve the maths,
Discretion seems to be the answer to everything, when systems don't work.

Quoting mister me
lets first look at why these system threads have so many followers,the most popular dont employ stops,this is the reason why they are so popular,

what ever system you create employing no stops,over a 1000 trade test,you will always end up back to 0,0 being were you started,- the spread ,thats fact .because your collecting profits before the black swan arrives it appears sucsesful,and it would not burn out your account,always returns to 0,_ the spread.for most this is a starting point,but 90 % dont surpass this piont because they fail to understand...
I agree with your no stop loss thing. Not using a stop is for suckers.
  • #258
  • Mar 25, 2012 11:02am Mar 25, 2012 11:02am
Quoting mister me
your missing my piont.
and i didnt say they are not profitable,im saying they have not identified what breaks the maths .and if you cant identify whats skewering the maths then evetually you will return back to zero.
im refering to systems that dont use stops,and the reasons why they have such a following.but if you look at the core ,all your doing is indirectly trying to defy the maths and ofcoarse its possible
regards
me
Why should they ".... identify or defy what breaks the maths"?? It is about trading profitably, and not proving some maths for you. If they are profitable week after week, then your maths shouldn't dictate what they should do or not do. In fact, how can you even prove that what you say about maths is even reflective of the market and price action? What maths are you suggesting that you use to evaluate these systems? Does your maths work?

One follower is so convinced of the no stop loss rule that it is declared in his signature:
Attached Image (click to enlarge)
Click to Enlarge Name: no stop loss.png Size: 55 KB
No longer trading forex. Looking for full time job.
  • #259
  • Mar 25, 2012 11:10am Mar 25, 2012 11:10am
Quoting mmaker

One follower is so convinced of the no stop loss rule that it is declared in his signature:
doesnt mean its the best way to go about money management.
Have I got something on my face, SOLDIER?
  • #260
  • Mar 25, 2012 11:43am Mar 25, 2012 11:43am
Quoting mmaker
Why should they ".... identify or defy what breaks the maths"?? It is about trading profitably, and not proving some maths for you. If they are profitable week after week, then your maths shouldn't dictate what they should do or not do. In fact, how can you even prove that what you say about maths is even reflective of the market and price action? What maths are you suggesting that you use to evaluate these systems? Does your maths work?

One follower is so convinced of the no stop loss rule that it is declared in his signature:
im not relating to any particular system,all systems that do not use stops ,mathamatically end in zero,minus the spread,what makes them profitable is the descrenionary exit,

if you never closed a loosing trade ,all the collecting of pips would equal the same as the amount of drawdown on your account,minus the spreads,which would make your system not profitable.if your system is profitable then you are skewering the maths with your exits on loosing trades,but my piont is ,if you cant identify and understand what your doing with these no stoploss systems,its not going to work longterm.and i dont believe you understand what im saying,so you will continue to ride mother luck.

custos,

i take my hat of to you if you have devised a 100 % mechanical system,you dont need to trade it,just sell it to one of the financial institutions for 10 million !
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