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  • #629,901
  • Apr 20, 2012 5:07pm Apr 20, 2012 5:07pm
Quoting Forex-novice
Hit the nail on the head!!! bang on
Jj
  • #629,902
  • Apr 20, 2012 5:13pm Apr 20, 2012 5:13pm
Quoting lolygagv2
Just because you have your opinion and that's how you feel or act, doesn't mean others don't have opposite views. I've posted some free EAs that I built myself, and they DO make money year over year, on my site. Are they insane money makers? No.......but neither are any hedge funds after risk adjustments. I trade with them and make 20% a year with a handful of trades each month. It's something I willingly give out, because I like sharing knowledge, not hoarding it, and the strategy doesn't have an alpha that can be stolen readily.

They are based...

I saw you edited your post while I was replying to you, sorry for coming down so hard. Sharing knowledge is one thing, you see me doing that all the time.

But you don't see me sharing a strategy or exact entries and exits with TP's and SL's, that is something I have worked for and I am not going to share that publicly, just imagine, a few hundred will cover before my TP and I will lose any and all edge that I have build up.

This is not about bragging, this is about making money. You can only make money if you operate in a vacuum, as soon as you publisize how you make the money, you will no longer make money of it.

The big houses spend hundreds of millions a year on developing bots, one of the places I worked at we had over 100 PhD's only working on RnD and if they came up with 2 things a year, we got our money worth.

I never got into the algo side of the business, those kids are way too clever for me and speak a different language to most of here, but that is where the real money is.

If you have a bot that gives you 20% a year, you protect that with your life, if you want to "share" it, share it with your family and kids, trade their money for them, give them independence for life, don't go posting your code.

IF you don't have family or friends, go do it for charities and give them a good return, the last thing you want to do is publish it.

Fuck it, if you are so desperate to "share" it I'll buy it of you for 100k, I can make that back in a day or 2 and won't have to spend another minute on this forum, I will be sipping sangrias on the back of a 200 footer in the Med, while the PC churns over millions a month.
  • #629,903
  • Apr 20, 2012 5:20pm Apr 20, 2012 5:20pm
Quoting cloggie
Fuck it, if you are so desperate to "share" it
  • #629,904
  • Apr 20, 2012 5:23pm Apr 20, 2012 5:23pm
Quoting pkimnyc
I know I am a tough bastard, but you know I ain't that far from the truth.

PK, you make money in this business, would you ever share your strategy or sell if for 100 bucks. or go into mentoring for 200 dollars a day? Or god forbid post it for free in the strategy section here on FF?

Fuck it, don't even answer, of course you won't
  • #629,905
  • Apr 20, 2012 5:23pm Apr 20, 2012 5:23pm
Quoting cloggie
I know I am a tough bastard, but you know I ain't that far from the truth.

PK, you make money in this business, would you ever share your strategy or sell if for 100 bucks. or go into mentoring for 200 dollars a day?
ah, fekk no.
  • #629,906
  • Apr 20, 2012 5:23pm Apr 20, 2012 5:23pm
Quoting HDA
HOLD ALL SHORTS

Right now traders are thinking - 1.3200 here we come - Not Gonna Happen - The YARD sell orders are way way way way way too heavy between 1.3150 to 1.3185 before getting to 1.3200

You will see rejection after rejection after rejection

Traders, I will not be around tomorrow to share as Im helping a friend to emigrate and thats alot of packing.

So best of luck with your trades.

I hope Cloggie & PKIMNYC...
@Chicky:

No I would not be coming back - I spent the entire day helping friend to pack, who's emigrating. 1.3185 Broke and 1.3220 came into play. I wish I was around to see how it played out. Im still Short - however - we have different risk tolerance you and I - but we make sure to keep our account in the green

Ive been reading the posts - Cloggie congratulations again for today - you handle the room and yourself very well. Keep up the good work. Traders, this is cloggie's personality, embrace the lessons and not the way of sharing. Cloggie is a great example of learning not to take this personally. Learn what you can, take it and run with it.

If as traders we enter into trades and you are down -50 -80 -100 -200 etc etc and you are getting margin calls - you are overleveraged and have over traded your account. Thanks for keeping an eye on my posts
  • #629,907
  • Apr 20, 2012 5:27pm Apr 20, 2012 5:27pm
Quoting pkimnyc
ah, fekk no.

You know if someone offered me 100k, or even a mill, I would tell them to go take a hike. 10 million won't even tempt me, I can't retire on 10mill.

(unless of course someone pays me 10mill and lets me keep using my strategy, now that's a thought.....of course it isn't going to happen, someone who offers 10Mn will have a non-compete clause as part of the deal, bummer)

A succesful trading strategy is worth an absolute fortune, Einstein called compounding the 8th wonder of the world, and once you come to appreciate that, selling a strategy is just not worth it.

A succesful strategy is a gift that keeps on giving, if you want to make more money, you just work a bit harder.

If someone here has developed a strategy and uses the excuse that he really hasn't got the money to trade it, then take out a credit card, borrow money form your friends and family, compounding on a proven strategy will pay them back in no time and set you up for life.
  • #629,908
  • Apr 20, 2012 5:30pm Apr 20, 2012 5:30pm
Quoting cloggie
You know if someone offered me 100k, or even a mill, I would tell them to go take a hike. 10 million won't even tempt me, I can't retire on 10mill.

A succesful trading strategy is worth an absolute fortune, Einstein called compounding the 8th wonder of the world, and once you come to appreciate that, selling a strategy is just not worth it.

A succesful strategy is a gift that keeps on giving, if you want to make more money, you just work a bit harder.

If someone here has developed a strategy and uses the excuse that he really hasn't...
absolutely agree.
  • #629,909
  • Apr 20, 2012 5:30pm Apr 20, 2012 5:30pm
Quoting new_mimi
as i said before - he feels the pa. Probably hda is also right and it will not grow more, however sometimes i do not understand the purpose of keeping short at 1.307 instead of going long till 1.318 as this was his entry point. Probably hda is more long term trader than intraday. We will see. Me personally, I would not be suprised seeing 1.325 or more as it is friday. but i am only poor beginner.
@new_mimi:

On April 6, 2012 - Good Friday - I posted that I would no longer be posting my trades in the forum. My entry going short was not at 1.307 as you have stated.
  • #629,910
  • Apr 20, 2012 5:34pm Apr 20, 2012 5:34pm
Even if a strategy has been proven profitable 5 years back on 10 000 trades that says nothing about future.

It's possible to come up with a strategy that fits those requierments, just look back on the charts. But it might not work tomorow. Heck if you'd pay me 250k for it I might actually show you one (future not guaranteed).

Unless you can adapt it/yourself it won't work.

No fixed rules can apply forever.
  • #629,911
  • Apr 20, 2012 5:36pm Apr 20, 2012 5:36pm
Quoting Razvan
Even if a strategy has been proven profitable 5 years back on 10 000 trades that says nothing about future.

It's possible to come up with a strategy that fits those requierments, just look back on the charts. But it might not work tomorow. Heck if you'd pay me 250k for it I might actually show you one (future not guaranteed).

Unless you can adapt it/yourself it won't work.

No fixed rules can apply forever.
i highly doubt it. maybe it's just me though...
  • #629,912
  • Apr 20, 2012 5:36pm Apr 20, 2012 5:36pm
Quoting Markus67
Ok. I HOLD SHORTS.
-100 pips now.
You are great anti indicator. Call nurse...
@Markus67:

Was this your planned trade and risk tolerence to hold your short to -100 pips? Planning your trade, entry exit and stop loss - is based on your risk tolerance, account size and leverage. Regardless of how much money you have in your account - even $500 or $10 mil - you still have to plan your trades based on your leverage and risk tolerance.
  • #629,913
  • Apr 20, 2012 5:37pm Apr 20, 2012 5:37pm
Quoting pkimnyc
i highly doubt it. maybe it's just me though...
Willing to bet 250k on it?
  • #629,914
  • Apr 20, 2012 5:38pm Apr 20, 2012 5:38pm
Quoting Razvan
Even if a strategy has been proven profitable 5 years back on 10 000 trades that says nothing about future.

It's possible to come up with a strategy that fits those requierments, just look back on the charts. But it might not work tomorow. Heck if you'd pay me 250k for it I might actually show you one (future not guaranteed).

Unless you can adapt it/yourself it won't work.

No fixed rules can apply forever.

WE are not talking back testing, we are talking live trading here. Nobody will pay a penny for a "backtested" strategy, fuck that is useless, would've, could've should've.

And don't give me the I don't have money to trade, show me a 6 months or a year live trading even on a 10 dollar account and I can tell you if that is worth 100k.

And of course nothing is guaranteed, except death and taxes (but there are ways around the latter too)
  • #629,915
  • Apr 20, 2012 5:39pm Apr 20, 2012 5:39pm
Quoting Razvan
Willing to bet 250k on it?
my methods are doing fine. sell it to someone else.
  • #629,916
  • Apr 20, 2012 5:41pm Apr 20, 2012 5:41pm
So the perfect strategy is some kind of holy grale, isnt it? To predict the future isnt in our nature. Things happends all the time. So much interactivity that can have some mutual sence. What would actualy hapend if so? Sombody mentioned it already here..
  • #629,917
  • Apr 20, 2012 5:42pm Apr 20, 2012 5:42pm
Quoting Razvan
Willing to bet 250k on it?

Yup, if you can trade it live and show me it returns the kind of numbers I am looking for, I'll pay you 250k.

I'll plunk you in my office here, even put you up, feed you and let you trade an account on my behalf for 3-6 months, if you can give me what I am looking for, feck it I'll pay, if nothing else I can flog it on to one of the big houses for a multiple of that or just trade my own account.

Whadya got? A bot or a manual system, a bot we are talking, a manual system I will keep diversifying with external managers.
  • #629,918
  • Apr 20, 2012 5:42pm Apr 20, 2012 5:42pm
Quoting pkimnyc
Hda might be happy today. Lol
@PKIMNYC:

Temporarily Suspended cute

You left of a D in suspended. Well I help my friend pack to emigrate so I was happy to help out. I wasn't around today and all hell broke loose. Some may not agree, but Im still short to 1.3075 - then I see what happens from there. Wether to hold or go LONG

Be Right Back - Assisting The Nurse with my Dad
  • #629,919
  • Apr 20, 2012 5:44pm Apr 20, 2012 5:44pm
Quoting cloggie
I saw you edited your post while I was replying to you, sorry for coming down so hard. Sharing knowledge is one thing, you see me doing that all the time.

But you don't see me sharing a strategy or exact entries and exits with TP's and SL's, that is something I have worked for and I am not going to share that publicly, just imagine, a few hundred will cover before my TP and I will lose any and all edge that I have build up.

This is not about bragging, this is about making money. You can only make money if you operate in a vacuum, as soon as...
Damn your posts are funny - in a way, mkes me/us laugh but spot on
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #629,920
  • Apr 20, 2012 5:47pm Apr 20, 2012 5:47pm
Quoting Avir
Damn your posts are funny - in a way, mkes me/us laugh but spot on

Too many kids here just can't see through all the bullshit here.

I am just saying it the way it is, loads don't like it, but you know what, the truth is never pretty.
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