The life of a trading system on Forex Factory | Page 62 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How Forex Trading Ruined My Life or How I Became Successful? 17 replies

My Life System - No Stress 14 replies

Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies

The Best System on forex-factory forum 22 replies

Forex Trading Life 3 replies

Attachments: The life of a trading system on Forex Factory
Exit Attachments

The life of a trading system on Forex Factory

  • #1,221
  • Apr 28, 2012 11:41am Apr 28, 2012 11:41am
Quoting Turveyd
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!
i keep repeating i wont publish live account details, i have been upfront with that from the start... Turvey wanted to playa silly game, so i played a silly game... I think you find most traders will also run a demo account for trying new things.. nothing wrong with that, nowhere have i made any claims to the contrary
tradewith60
  • #1,222
  • Apr 28, 2012 11:42am Apr 28, 2012 11:42am
Quoting Turveyd
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!

Yup, he banks 4k in half an hour and works in a pub. Plllleeaze. He is definitely in the scammers/fraud group then.

What a muppet, but so are those 10 that have vouched for him and the desperate noobies that follow him in his thread.

4k in 30 minutes, do that 2-3 times a day, compound a bit and you got several million in a year.
  • #1,223
  • Apr 28, 2012 11:44am Apr 28, 2012 11:44am
Quoting HiddenGap
That is why it's a fallacy to say a system will go "bad" if too many people know about it. After a system is introduced to the masses, it goes thru phases 5&6.
if you have a edge in forex with a system you should never share it, you should milk the system till it goes bad, make all the money from it yourself.
  • #1,224
  • Apr 28, 2012 11:44am Apr 28, 2012 11:44am
Quoting PoundTrader
if you have a edge in forex with a system you should never share it, you should milk the system till it goes bad, make all the money from it yourself.

My sentiment exactly. Plenty of noobies just won't see that and think that the "systems" disclosed on the system thread are the best thing since sliced bread and are going to make them millionaires in a month.
  • #1,225
  • Apr 28, 2012 11:50am Apr 28, 2012 11:50am
Quoting cloggie
Yup, he banks 4k in half an hour and works in a pub. Plllleeaze. He is definitely in the scammers/fraud group then.

What a muppet, but so are those 10 that have vouched for him and the desperate noobies that follow him in his thread.

4k in 30 minutes, do that 2-3 times a day, compound a bit and you got several million in a year.
hahah Cloggie, you've always had the ability to make me laugh...

Stick around for comedy value pleeeeaasssee!
tradewith60
  • #1,226
  • Apr 28, 2012 11:52am Apr 28, 2012 11:52am
I think we are all here working on a common goal

some of us get lucky streaks

I have opened threads stating ideas more like talking to myself

they say teaching is the best way to learn, so concepts that i understand i pass on, for the selfish purpose that it helps me cement my ideas and research that which i don't know

I had a lot of hubris before, then I realized the stupidity of my ways, we are all here obviously no one is really SUCCESSFUL making MILLIONS, not even cloggie i suppose, otherwise he would not give a rat's ass about being in ff

The problem is people's egos

"I am profitable, you are not, i am a good trader, i have the secret!!"

it's all bull shit!

i was talking to tactical a while back I had one of those extended lucky streaks even calling my broker, thinking they were moving my quotes and i kept hitting them every time, meeting targets in the first week of the month (just luck, when you take it statistically)

then you get the bad luck periods

I have admitted that I am not as good as I want to be, and I consider myself a break even trader at best.

So I agree with Cloggie and Lazy Pawn

TRADING IS DIFFICULT.
AVT INVENIAM VIAM AVT FACIAM
  • #1,227
  • Apr 28, 2012 11:55am Apr 28, 2012 11:55am
Quoting 60minuteman
i keep repeating i wont publish live account details, i have been upfront with that from the start... Turvey wanted to playa silly game, so i played a silly game... I think you find most traders will also run a demo account for trying new things.. nothing wrong with that, nowhere have i made any claims to the contrary
Thought it was demo.

You wont post cause your account like mine is likely tiny then, nothing wrong with that needs must and all, its the big shot attitude with nothing to back it up.

Your either on a ego trip or your trying to find someone to invest with you to improve your lack of funds issue.


If anyone wants to spot me 10k for 50% of the Profits feel free i make no Promises to not blow it on hookers though
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,228
  • Apr 28, 2012 11:58am Apr 28, 2012 11:58am
Quoting Turveyd
Thought it was demo.

You wont post cause your account like mine is likely tiny then, nothing wrong with that needs must and all, its the big shot attitude with nothing to back it up.

Your either on a ego trip or your trying to find someone to invest with you to improve your lack of funds issue.


If anyone wants to spot me 10k for 50% of the Profits feel free i make no Promises to not blow it on hookers though
haha Turvey... thats alot of hookers!...

You really need to drop the obsession with the size of other peoples accounts... its what you do with it that matters
tradewith60
  • #1,229
  • Apr 28, 2012 12:06pm Apr 28, 2012 12:06pm
Quoting 60minuteman
haha Turvey... thats alot of hookers!...

You really need to drop the obsession with the size of other peoples accounts... its what you do with it that matters
Or 1 really good 1. Okay more of a quantity kinda guy

Dont care about the size of your account merely trying to get you to back up you trading method.


Demo accounts dont count no fear or greed screwing you over.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,230
  • Apr 28, 2012 1:36pm Apr 28, 2012 1:36pm
Cloggy and turdvey have around the same amount of
Chance making it as a trader. ZERO


You two muppets are the laughing stock
Of FF

Way too many posts. Cant possibly be trading
Live accts sucessfully .

Muppets posing as traders.

Great entertainment value....

Bluesteele
Master your Mind,,,Master the Market
  • #1,231
  • Apr 28, 2012 2:32pm Apr 28, 2012 2:32pm
I get like 5 setups a day gives me loads of spare bored time in my defence.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,232
  • Apr 28, 2012 4:41pm Apr 28, 2012 4:41pm
Quoting bluesteele

Cloggy and turdvey have around the same amount of
Chance making it as a trader. ZERO


You two muppets are the laughing stock
Of FF

Way too many posts. Cant possibly be trading
Live accts sucessfully .

Muppets posing as traders.

Great entertainment value....

Bluesteele


  • #1,233
  • Apr 28, 2012 4:45pm Apr 28, 2012 4:45pm
Quoting Turveyd

On the basis I'm up on the last 2 years, okay small I don't really see your logic, after all I'm the profitable 1
By your own admission in ~7 years of trading you've been right back to where you started, 9 times! From $100 to nearly $400 and then back to <$100, over and over! What's the point of doing that, you're working for your brøker, he's the only one making any money from your trading!


Quoting Turveyd

you believe your way is the correct way, cause thats what you've been taught
Taught? Taught what, to keep the money I make? No one should need teaching that because it's just plain common sense! But damn straight, there's absolutely no point in making great returns and giving it all back and then some!


Quoting Turveyd

I should be making atleast 50% of my income from trading over the next 3 - 5 months if my plan goes okay
Not going the way you've been going for the past 7 years you won't!

From what I can tell you're averaging losing trades and most of the time they come right, hence your returns. Then one or two don't come right and they eat all the gains you made putting you right back where you started. You don't seem to learn anything from that futile exercise though because you go right back and do it all over again! What you're doing isn't trading, it's nothing, it's not even gambling.

Any fool can make money in this business by for example doing what you're doing, it's keeping it which is the challenging part!
  • #1,234
  • Apr 28, 2012 5:38pm Apr 28, 2012 5:38pm
Pips your final chance to be a reasonible human being!


Yes ive went from near 400 back to 100, its a pyscological barrier where i simply try to hard.


Analsying my results shows huge improvement stupid gambly account are reducing hugely.

Id rate my performance as 7/10 more to go but im profitable.


But sharing a trade exerience to demonstrate how trading is a bitch at times isnt a reason to make personal attacks!


You dont understand my method despite the simplicity / logicalness of it so i dont think your in any position to comment.

Yes 7 years have passed from the start no big deal busy man i dont get much time to trade in the day when its worth trading. Rattling of a message on my phone at client different story.


Grow up!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,235
  • Apr 28, 2012 6:13pm Apr 28, 2012 6:13pm
Now I am being serious here. Turvey go flip burgers or maybe do an early morning newspaper route. Take all of those earnings and buy INTEL stock.

Do this for 5 years.....You will thank me in 20 .

Shit perhaps only 1 1/2 yrs.

OR on the flip side (no pun intended)
go flip burgers or hot dogs doesnt really matter.. Hot dogs you sort of roll tho. Now do that for 1 yr and then load your acct with that dough.

Now you sounds like a busy guy as most of us are , maybe except for cloggie he's too busy posting up a storm, but sacrifice the time.

Next stop trading in the meantime dont post here anymore and try and forget everything you have learned.

Then come back to the forum and see if 60 is still hanging out here... If he is beg him too show you how to trade your nest egg you have accumulated...

Or invest in INTEL.... either way will work..

Trust me !
Master your Mind,,,Master the Market
  • #1,236
  • Apr 28, 2012 6:31pm Apr 28, 2012 6:31pm
surely you cannot be serious all in on intel?

ever heard of tangency porfolio or efficient portfolio frontier?

although the beta, p/e and EPS as well as technically it looks attractive you do not want to go all in you have to remember it is still a stock and is subject to systemic risk there is still a correlation with the broad market movement even if the beta is <1.

you have to compute the Cost of equity
AVT INVENIAM VIAM AVT FACIAM
  • #1,237
  • Apr 28, 2012 6:31pm Apr 28, 2012 6:31pm
Quoting bluesteele
Now I am being serious here. Turvey go flip burgers or maybe do an early morning newspaper route. Take all of those earnings and buy INTEL stock.

Do this for 5 years.....You will thank me in 20 .

Shit perhaps only 1 1/2 yrs.

OR on the flip side (no pun intended)
go flip burgers or hot dogs doesnt really matter.. Hot dogs you sort of roll tho. Now do that for 1 yr and then load your acct with that dough.

Now you sounds like a busy guy as most of us are , maybe except for cloggie he's too busy posting up a storm, but sacrifice the time.

Next...
WEIRDO ALERT!!!

Invent a time machine, go back invest in Microsoft then take that out and go Apple, but that's likely harder than just trading so maybe not.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,238
  • Apr 28, 2012 6:34pm Apr 28, 2012 6:34pm
Quoting the redlion
surely you cannot be serious all in on intel?

ever heard of tangency porfolio or efficient portfolio frontier?

although the beta, p/e and EPS as well as technically it looks attractive you do not want to go all in you have to remember it is still a stock and is subject to systemic risk there is still a correlation with the broad market movement even if the beta is <1.

you have to compute the Cost of equity

I used to trade good old INTC swing trader style 12 years back, ahhh a blast from the past.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,239
  • Apr 28, 2012 6:42pm Apr 28, 2012 6:42pm
Quoting Turveyd
Pips your final chance to be a reasonible human being!


Yes ive went from near 400 back to 100, its a pyscological barrier where i simply try to hard.


Analsying my results shows huge improvement stupid gambly account are reducing hugely.

Id rate my performance as 7/10 more to go but im profitable.


But sharing a trade exerience to demonstrate how trading is a bitch at times isnt a reason to make personal attacks!


You dont understand my method despite the simplicity / logicalness of it so i dont think your in any position...
Dude, no, Pipmutt's got a really good observation.
I know I'm not the one to say it:
There's several threads where the trader runs up the account, cashes in, and repeats.
It's gotta be something evolutionary, or built into people, an internal set point that causes this version of trading.
Only you're not letting go and accepting and building on what you can do, which is more than a lot of people including me.

Of course, your way of trading may be integrally tied into the rest of your success in life, in which case whatever.
  • #1,240
  • Apr 28, 2012 6:44pm Apr 28, 2012 6:44pm
Quoting the redlion

ever heard of tangency porfolio or efficient portfolio frontier?
oooooh noo pls stop it......when i see this words together my head is going to blow off (haha just another day spent in front my bachelor thesis)
1 trader viewing now