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The life of a trading system on Forex Factory

  • #1,201
  • Apr 28, 2012 7:03am Apr 28, 2012 7:03am
Quoting Turveyd
What's 10 - 20% worth on your demo account then

If you where making real $4000 area profit in less than 30mins, you wouldn't be posting on here, trying to get your ego stroked.

If you really want to impress, post live trading calls, entrys and exits maybe via the trade tracker.

Ofcourse then you'd be giving away to much info and no 1 would have to pay for your method, well there not going to anyway so nothing to lose.

DO IT!!
No... Getting back to the original thread discussion.... The answer is NO not all threads follow the path outlined by the OP... there are a few worth reading that will help you become a better trader. In amongst them there are hundreds that will not work because theyre either incomplete or technically flawed.
tradewith60
  • #1,202
  • Apr 28, 2012 7:06am Apr 28, 2012 7:06am
Quoting grovsnus
Yes!
hahaha... so true... but doesn't mean we shouldn't try and share information that may help others, after all this is how many have become consistent themselves...

you may even get some good karma in return
tradewith60
  • #1,203
  • Apr 28, 2012 7:13am Apr 28, 2012 7:13am
Quoting 60minuteman
No... Getting back to the original thread discussion.... The answer is NO not all threads follow the path outlined by the OP... there are a few worth reading that will help you become a better trader. In amongst them there are hundreds that will not work because theyre either incomplete or technically flawed.

And there lies the problem, a newbie telling the difference from a rare good 1 to all the rubbish 1's, in reading any really they'll pick up such made up rubbish that goes around from that point on they've got zero chance.

When I started stocks in 97 or something stupid, I was immediately profitable I'd studied charts and had a plan, then mate who was getting big wins, said go to yahoo, I learnt so much crappola I've been trying to erase ever since I became a loser, and it turns out his big losers more than made up for his big wins like 4x's LOL moron.

So my advice to all newbie's is quickly block all forums and trading tip sites and solve the issue 100% on your own, your much much better off.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,204
  • Apr 28, 2012 7:15am Apr 28, 2012 7:15am
Quoting 60minuteman
hahaha... so true... but doesn't mean we shouldn't try and share information that may help others, after all this is how many have become consistent themselves...

you may even get some good karma in return

Or maybe some wannabe's paying your $100 per month to be told the secrets LOL

It's what most people are after.

* not aiming that directly at you there 60MM.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,205
  • Apr 28, 2012 7:22am Apr 28, 2012 7:22am
nice disccusion. forex is a wolf game. its the best to be rewarded for your own decisions. if lose or win. you build your selfconfident. you become the best trader when your emotions die. mine died after 10 years and i am still here havent give up and i am here now better than ever. it was worth it to walk over thorns to the stars. its worth it just stick to your plan and follow banks not indicators.the truth is in the charts you can see this everday in everday out it is there.get correct timing and your winning will be flawless...
  • #1,206
  • Apr 28, 2012 7:57am Apr 28, 2012 7:57am
60minuteman, I have nothing to advertise and so I have no ulterior motive.
There is not one system that is technically flawed. It works if it fits the personality of the trader.
The thing that fails is not the system, but the trader. That is to easy to prove, so if you'd like to comment, then I'd like to hear it.
For the benefit of newbies, and in not trying to create a negative reflection, there is no one system that is worth paying for, "YOURS included." Simply put, a system has to become personal. Someone has to learn a system to trade with, and then apply it.

You made the following comment: "you really think im going to put a complete description of how I trade on this forum ????

Im happy to point people to the things they should be considering... anything more then you're gonna have to pay...

and you wouldn't get it anyhoo"

I wonder if you don't want to give a full description in an open forum because you are flawed. I give a full description of mine, which includes a complete forecast of 11 of the major currency pairs every week. The truth is people could understand my system completely and still not be able to trade with it, because it is not their own.

I notice many of your charts you look in hindsight and say this is what happened here and what happened there. (Notice it is all past tense.) Why don't you post some live signals? This is where we are and where we are headed.

Also, your system is not hard to figure out. There are some seasoned veterans in this forum that can look at a chart and easily figure out your system. The question is, "Do you trade live with it. Did you place those trades on the chart you just posted?"

Also, when you make such a bold statement to someone trying to learn that he would not get it, how do you know he wouldn't? Maybe I should just PM him, blow the whistle, and then he will get it. After all, I got nothing to lose. I charge no one.
Also, if you are so certain he won't get it, then why would you want to charge him. Are you here just to rip people off?

Quoting 60minuteman
No... Getting back to the original thread discussion.... The answer is NO not all threads follow the path outlined by the OP... there are a few worth reading that will help you become a better trader. In amongst them there are hundreds that will not work because theyre either incomplete or technically flawed.
  • #1,207
  • Apr 28, 2012 8:03am Apr 28, 2012 8:03am
Turveyd, it blows my mind why that anyone would want to charge someone to show them how to trade. This is the kind of industry that one simple click of the mouse anyone can make 100's of dollars in a few short minutes. With that at ready disposal, any amount to charge someone, especially with the time required, would just not be worth it.

That's why I believe anyone should run for their lives from any paid service. Most likely the one doing the charging does not know how to trade themselves.


Quoting Turveyd
Or maybe some wannabe's paying your $100 per month to be told the secrets LOL

It's what most people are after.

* not aiming that directly at you there 60MM.
  • #1,208
  • Apr 28, 2012 8:46am Apr 28, 2012 8:46am
Quoting 4xpipcounter
60minuteman, I have nothing to advertise and so I have no ulterior motive.
There is not one system that is technically flawed. It works if it fits the personality of the trader.
The thing that fails is not the system, but the trader. That is to easy to prove, so if you'd like to comment, then I'd like to hear it.
For the benefit of newbies, and in not trying to create a negative reflection, there is no one system that is worth paying for, "YOURS included." Simply put, a system has to become personal. Someone has to learn a system to trade with,...
ok valid points...

1. i have never charged anyone for anything forex related, this is a personal joke with Turvey because he is accusing me as a scammer and saying that I want to charge people....

2. I trade a few different systems, one is explained in its entirety here on the forums, completely free... if you need evidence it works then it is down to the trader to get that proof for himself. My personal favourite i would never divulge on here because it is slightly unique and was taught to me for free by it's creator, and he wouldn't want it divulged either.

3. I don't need to post live trade calls, if you are truly interested in the system its on the thread, read the rules, apply them, get your own results... after all to quote you ,its down to the trader not the system.

Any charts I have posted is to try and highlight that Turvey D cannot trade and price action is an invaluable tool that will work on any timeframe (with some other elements.)

4. again, like i said, my system with all the rules is on my thread, and I think you will find the vast majority on there can see good potential in it....

5. The reason Turvey won't get it, is because he has already decided he knows everything, even though everything he knoows doesn't work... tried teaching people like that before...

6. I do trade live, have been for a year. This is personal information, if I am putting personal income information on a public forum then I want paying.... wouldn't you?.... who do you know that puts that information on a public forum????? i have never found any.... As with all thing, especially trading, don't presume, think!

So to sum up.... if you want to find what works, try to prove it doesn't first!
tradewith60
  • #1,209
  • Apr 28, 2012 9:26am Apr 28, 2012 9:26am
60mm been around long enough to know what works and doesnt as simple as that. Very little works is the sad part.

And sounding like a scammer!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,210
  • Apr 28, 2012 9:33am Apr 28, 2012 9:33am
Quoting Turveyd
60mm been around long enough to know what works and doesnt as simple as that. Very little works is the sad part.

And sounding like a scammer!
hahaha... you're never gonna let it go are you... I'm almost tempted to start a pay site and run off to Bangkok with the money, just so you can be right for once

Lots works Turvey.... most of it simple.... why don't you try Walter Jake, he even shows live trading accounts on some of his free video's (just what you like)... its price action and S/R though... funny how so many pro traders use that.
tradewith60
  • #1,211
  • Apr 28, 2012 9:57am Apr 28, 2012 9:57am
Nobody in their right mind would ever post a strategy/method in the trading system thread here.

All the ones posted are worthless, they are here for entertainment or for serious scammers/fraudsters to create an atmosphere that makes ripping of the noobies easier.

Anyone with a trading system/method that works would either trade his own dosh, or walk into any shop in Mayfair or Greenwich and sell it for serious dough.

There is nothing worth reading/following on the systems thread in FF, it is fun wandering in sometimes to see the gullible noobies taken advantage of, shake ones head and leave promptly.

If any of these systems/methods would work, the big boys would crawl all over it and seed the guy who started it in no time.

Why do noobies keep thinking that there is a shortcut out there, something you can borrow or copy to become succesful in this business, there isn't, and there never will be.

See it for what it is, one giant cesspool of scammers/fraudster and the dillusional followed and promulgated by the desperate noobies.

All the starters of threads there should be avoided like the plague and either classed as frauds or dillusional. The noobies need to figure out what their real agendas are, there is no charity in this business, get used to it. I especially like the threadstarters who view these threads as "invisible", come on, if you were really here to help the noobies become millionaires, why hide?
  • #1,212
  • Apr 28, 2012 10:48am Apr 28, 2012 10:48am
Just an observation, not saying much else --
Quoting 60minuteman
price action and S/R though... funny how so many pro traders use that.
This is the second price action system I've seen that works really well,
and yet avoids price action to get the middle projections.
Your price action looks to go for the shortest term
and the s/r for what always seems to me an interminably long period.
The moving average line must be for the middle stuff, to get trend and range.


I've been working only with price action to get the middle stuff for so long,
it's been getting into the short- and long-term too.
Sometimes the lines get so skewed, I have to feel or imagine how price action works with them to understand why they're worth projecting from. By the time I do this, I'm too focused on where they go to separate the possibility of a large or infinite in-trade drawdown before my trade reaches the projected price action.
On the other hand, they're way too accurate when I use them right to give up, so I must come to terms with their eccentricity.


This apparent distinction of your system must've taken a while to get going.
  • #1,213
  • Apr 28, 2012 11:05am Apr 28, 2012 11:05am
Quoting ha-pattern
Just an observation, not saying much else --

This is the second price action system I've seen that works really well,
and yet avoids price action to get the middle projections.
Your price action looks to go for the shortest term
and the s/r for what always seems to me an interminably long period.
The moving average line must be for the middle stuff, to get trend and range.


I've been working only with price action to get the middle stuff for so long,
it's been getting into the short- and long-term too.
Sometimes the lines get so skewed,...
Thanks HA, I think a few people have found something in the thread that is of use, there is certainly the core of a decent system in there...

There is a cycle that exists with s/r that works up the timeframes, at each tf confirming continuation to the next tf or invalidating it.

The system I posted on FF is from another trader, I have added s/r to it for use as targets or for identifying dangerous areas to enter.

The solution to the most difficult problems are usually simple and elegant... i think Einstein said something like that... but you would have to get one of those Ivy league educated guys to confirm it, I just run a pub... for now.
tradewith60
  • #1,214
  • Apr 28, 2012 11:12am Apr 28, 2012 11:12am
Quoting 60minuteman
I just run a pub... for now.

See there kiddo, you just made my point for me perfectly. What the heck makes you qualified as a noobie to post a strategy here and help the other noobies.

That is just the blind leading the blind. You actually found less intelligent noobies to follow your systems thread here? Are you on some kind of ego trip and love the noobies to follow you, and see you as some kind of guru who is going to make them millions?

You should have started your thread with a proper risk disclosure. You are not a trader, you don't make a living out of this business and you are not qualified to help any of the noobies.

You personify perfeclty the lack of qualifications and experience that is rife on the system thread.

I classed you guys as in 2 seperate groups, either disillusioned or frauds/scammers. I am still not sure in what group you belong, but we all know now by your own admission that you are no trader that nobody here should follow or even pay any attention to you, just another wannabe.
  • #1,215
  • Apr 28, 2012 11:12am Apr 28, 2012 11:12am
Quoting 60minuteman
hahaha... you're never gonna let it go are you... I'm almost tempted to start a pay site and run off to Bangkok with the money, just so you can be right for once

Lots works Turvey.... most of it simple.... why don't you try Walter Jake, he even shows live trading accounts on some of his free video's (just what you like)... its price action and S/R though... funny how so many pro traders use that.
Im fine thanks got my method working near perfectly just lacking funds and time to actually trade it!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,216
  • Apr 28, 2012 11:27am Apr 28, 2012 11:27am
What are you invisible guys doing here? Scared we are going to take your livelyhood away as the noobies reading this thread will come to realise that the systems on the systems thread are either fake or run by scammers?

If you are a member here, and all of your posts show up under your username, why do you have to be invisible when you browse here? What do you have to hide?????
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  • #1,217
  • Apr 28, 2012 11:33am Apr 28, 2012 11:33am
Quoting cloggie
See there kiddo, you just made my point for me perfectly. What the heck makes you qualified as a noobie to post a strategy here and help the other noobies.

That is just the blind leading the blind. You actually found less intelligent noobies to follow your systems thread here? Are you on some kind of ego trip and love the noobies to follow you, and see you as some kind of guru who is going to make them millions?

You should have started your thread with a proper risk disclosure. You are not a trader, you don't make a living out of this business...
what made you so bitter? I've read your posts for a few years on here, and you clearly have some trading knowledge.

1. time on FF means shit, some of the worst traders have been here the longest.

2. I personally know some very successful traders, ex drivers, ice-cream sellers etc etc..

3. I can run my thread how I like, you're entitled to your opinion, but opinions are like assholes, everyone's got one.

4. I'm not here to teach noobies anything,it's upto them what they get out of it. You're opinion on my motives is irrelevent.

5. Have I ever stated that I have made millions or that I could teach others to make millions? Does it mean I can't or won't just because I'm not already rich or working for a bank...?

One of my best friends worked for a hedge fund and retired at 36, lots of his co-traders couldn't cut it as retail forex traders, so don't assume the background is the key factor in success.

Of course you and anyone else are more than welcome to prove that what I put in the thread is garbage and will never work..

Best wishes Cloggie... but as they say... haters gonna hate
tradewith60
  • #1,218
  • Apr 28, 2012 11:38am Apr 28, 2012 11:38am
Quoting cloggie
What are you invisible guys doing here? Scared we are going to take your livelyhood away as the noobies reading this thread will come to realise that the systems on the systems thread are either fake or run by scammers?

If you are a member here, and all of your posts show up under your username, why do you have to be invisible when you browse here? What do you have to hide?????
Some people just prefer it. It doesn't hurt anyone. I never got why people even care about the invisible function. It's not like their posting is invisible. If they have something to say you'll see it and you'll know who it is. Why do you even care about seeing names of people who are just reading?

Assuming people are keeping invisible because they have something to hide is fucking retarded. Some people just prefer the option of a little extra privacy because it's there. I prefer to keep my curtains closed. You may like yours open. It really doesn't matter either way.
Cautiously optimistic. . .
  • #1,219
  • Apr 28, 2012 11:39am Apr 28, 2012 11:39am
60mm,

Point 5 not already rich ? Unyet you claimed to ban 4k in a 30 min period friday ? Youve got to have atleast 50k to trade at that level so that was definately a demo account.

50k to you and banking 4k might not be rich to you ofcourse but to most of us Wowsas!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,220
  • Edited 12:15pm Apr 28, 2012 11:41am | Edited 12:15pm
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