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  • #761
  • May 13, 2012 4:24am May 13, 2012 4:24am
. You will find that I am a very highly respected trader who is only disrespected here by this very small and tiny group of people. Welcome and you will see I have one of the largest followings at FF and also my stuff is posted on other threads elsewhere around the world.[/quote]

Hey Bob, who cares about respect if youré making $.
I´d rather have the respect of a growing account, than the opinion of loosers...
Good luck...anyway...I´m starting hedging...absolutely...leave the stops for the broker and their loosers...
Broker winns all stops...sooner or later...they cheat superb.....it use to be a fair game..long time ago.... then Broker boy got smart..just look at some threads on stop hunting and manipulating price and charts, and quotes...people uploaded you tube videos with ample proof...try and watch those..."mighty broker man" deleted all those on "copyright issues"...awsome...
I had so many TP levels surpassed, in front of my eyes...trade wouldn´t react...STOP, way below, minutes later would hit with less money...much less...trading from a majour Broker platform...won´t mention their name...they will probably put me in prision...on "copywrite reasons"..

Try playing poker against someone who not only can see everyones cards on the table, but on top of that CHEAT..
Ever wondered why almost everyone looses...intelligent , well prepared, "good trades", after months of dedicated disciplined backtesting...fails and fails and fails...the game is flawed...big time...
Keep giving the big boys your money if you don´t agree...
  • #762
  • May 13, 2012 4:36am May 13, 2012 4:36am
What do you think of this strategy?[/quote]

Well if the market dwindles enough , range, and you keep on taking profit both ways, to upset the far away loosing leg...sooner or later you can even afford the big looser being closed...it can be done....taking into account majour trend and position size...trade both ways...needs a "superb cook"...in good times and stormy times...BUT if the market does return to your worst leg to a profit...you´ll be rich...
I´m starting today...looks like fun...worst case scenario...blow my 1000 Euro account...best case...make a ton of cash...
  • #763
  • May 13, 2012 5:47am May 13, 2012 5:47am
Quoting cuchuflito
. You will find that I am a very highly respected trader who is only disrespected here by this very small and tiny group of people. Welcome and you will see I have one of the largest followings at FF and also my stuff is posted on other threads elsewhere around the world.
Hey Bob, who cares about respect if youré making $.
I´d rather have the respect of a growing account, than the opinion of loosers...
Good luck...anyway...I´m starting hedging...absolutely...leave the stops for the broker and their loosers...
Broker winns all stops...sooner or later...they cheat superb.....it use to be a fair game..long time ago.... then Broker boy got smart..just look at some threads on stop hunting and manipulating price and charts, and quotes...people uploaded you tube videos with ample proof...try and watch those..."mighty broker man" deleted all those on "copyright issues"...awsome...
I had so many TP levels surpassed, in front of my eyes...trade wouldn´t react...STOP, way below, minutes later would hit with less money...much less...trading from a majour Broker platform...won´t mention their name...they will probably put me in prision...on "copywrite reasons"..

Try playing poker against someone who not only can see everyones cards on the table, but on top of that CHEAT..
Ever wondered why almost everyone looses...intelligent , well prepared, "good trades", after months of dedicated disciplined backtesting...fails and fails and fails...the game is flawed...big time...
Keep giving the big boys your money if you don´t agree...
[/quote]

Nice post.

That just about sums it up.

The advocates on here who stand by their set a SL and no hedging, nedging.. whatever are quite correct........ if forex was a level playing field.

However, forex is not a level playing field, as such the math cannot be relied upon.

M.
  • #764
  • Edited 7:37am May 13, 2012 6:31am | Edited 7:37am
Quoting nanningbob
I already have done that in the past. I posted every trade before I took them for one year. You can go the Nanninbob 4H trading 5.0 to see past results and every trade for 1 year. No holds barred you will see my winning trades and losing trades. My winning months and the occasional losing month. It is all there.

If you want my present trading system you can visit me at Nanningbob 10.0 and see us trade the 10.2 update of that version every day. Like I said I am an open book and trade what I preach. The problem I face here is how they say I trade...
Its not a real account performance Bob with all due respect.. the whole point is to do it day in day out for real in a real live account. If it is real, than accept my apology but i can guess it has not and it is not due to none existence of new FF offering of explorer account where the account holder is fully protected from all privacy matters and i can tell your not a man to expose your account in the ways of the past by handing out investor key.

I myself have done many live trading as such as well, but we both know that its not real yet in the public eyes and its logical from their point of view, not to mention an explorer account provides useful statistics at all times about account performance.
respect is irrelevant and over rated in the online forum world.. respect is earned when one leads by example in reality. I think guys in your caliber as you claim to be should do this otherwise respect is dead and right out the window at this moment.

come on Bob your talking to a real deal here.

anyways, offer still stands..
  • #765
  • May 13, 2012 6:46am May 13, 2012 6:46am
Quoting fxtr51
P.Dean, the whole point of the thread is the profitability of using no SL.

Nobody doubted that the SL-believer can trade with higher initial risk
and thus be way ahead of the no SL guy (if he belongs to the 5 % or 25 % group which makes money in Forex).

Your suggested competition is besides the point.
Well lets put that to test as to more of who belongs to the 5% or 25% winners.
I say the no sl believers do not belong to that group when is all said and done, point blank.. no sl believers for a fact are just simply a holder of the money and will give it back sooner or later.. its like the casino money where it actually becomes your money when and if you leave the damn place.. i want to see if you and your friends in here are skillful enough to do that and even to prove the possibility of it.. i know it is not possible.. but who cares what you and i think, we can argue this to the moon.. that's why suggested competition is the necessity to settle this.

by the way fxtr.. i am willing to put my money where my mouth is and i told you this couple of days ago too.. so the next time you talk at me be for real or just sit in the corner with all due respect brother. I do not argue i settle shit for real.
  • #766
  • May 13, 2012 7:03am May 13, 2012 7:03am
Quoting nanningbob

I am a very highly respected trader......I have one of the largest followings at FF
http://upload.wikimedia.org/wikipedi...ied_Piper2.jpg
  • #767
  • May 13, 2012 7:07am May 13, 2012 7:07am
Quoting P.Dean
Well lets put that to test as to more of who belongs to the 5% or 25% winners.
I say the no sl believers do not belong to that group when is all said and done, point blank.. no sl believers for a fact are just simply a holder of the money and will give it back sooner or later.. its like the casino money where it actually becomes your money when and if you leave the damn place.. i want to see if you and your friends in here are skillful enough to do that and even to prove the possibility of it.. i know it is not possible.. but who cares what you...

P dean you dont need SL when you use the Loss,profit,Loss circle.
..price will always come back....
moddy butt and the gang also has a seartian method where they can freeze the Loss..

And by the way...they ofcourse use real live accounts..
they are very advanced traders and succesfull,,they just wanna give something back to those who strugle....but people who are so stuck in a box,,and refuse to think outside..will never be succesfull..

you need to think it as a buisness...Loss,profit.loss.....freeze loss.
take profit when its due...never use Sl the brokers are crims...

remember price always comes back....
StopLoss is for none belivers... Trust the Gurus..
  • #768
  • May 13, 2012 7:14am May 13, 2012 7:14am
Quoting lillelise

remember price always comes back....
Don't forget the 1-1=2 math!

Oh no wait, math doesn't apply because forex is not a level playing field, as such the math cannot be relied upon!
  • #769
  • May 13, 2012 7:22am May 13, 2012 7:22am
Quoting P.Dean
Well lets put that to test as to more of who belongs to the 5% or 25% winners.
I say the no sl believers do not belong to that group when is all said and done, point blank.. no sl believers for a fact are just simply a holder of the money and will give it back sooner or later.. its like the casino money where it actually becomes your money when and if you leave the damn place.. i want to see if you and your friends in here are skillful enough to do that and even to prove the possibility of it.. i know it is not possible.. but who cares what you...
You have a nice humor. I like that.

I`ll tell you how I will do it:
I will trade a live-account for 1 month with no SL and when I made money, I will show you and grab my price-money from you.

If I don´t make money ( belonging to the 75 or 95 % of losers ), I will beat around the bush with a lot of bla bla bla and you can keep your money.

Deal ?
  • #770
  • May 13, 2012 7:26am May 13, 2012 7:26am
i realy start to doubt if nanningbob is who he say he is....
..i have a suspission it could be my wife,,teasing us,,

Cause here in my home 1+1 realy doesnt have to be 2 at all
if she desides...
StopLoss is for none belivers... Trust the Gurus..
  • #771
  • May 13, 2012 7:30am May 13, 2012 7:30am
Quoting fxtr51
You have a nice humor. I like that.

I`ll tell you how I will do it:
I will trade a live-account for 1 month with no SL and when I made money, I will show you and grab my price-money from you.

If I don´t make money ( belonging to the 75 or 95 % of losers ), I will beat around the bush with a lot of bla bla bla and you can keep your money.

Deal ?
no pumpkin.. it needs to be at least 6mo and revealed from beginning to end and not trading pennies.

how do you like my humor now.

besides i am talking to Bob, your not even qualified no offense.
  • #772
  • May 13, 2012 7:34am May 13, 2012 7:34am
Quoting P.Dean
Its not a real account performance Bob with all due respect.. the whole point is to do it day in day out for real in a real live account. If it is real, than accept my apology but i can guess it has not and it is not due to none existence of new FF offering of explorer account where the account holder is fully protected from all privacy matters and i can tell your not a man to expose your account in the ways of the past by handing out investor key.

I myself have done many live trading as such as well, but we both know that its not real yet in...
Yes it was a live account and I did show pics of the account at times. I did it because a very good trader (I think BillBlass was his name) challenged my thinking and trading principles. So I went live with every trade. Since I posted them at the beginning of the JPY session and they were good for the whole day there was no running from them. Now I dont trade that system anymore because I have gotten better and the market is more volatile but I could still trade it and make it work. But yes that was real.

I give my thoughts for the week after the open and the weekly pivots have been posted. Last week was a banner week and I pocketed +1452 pips in one week. Most but not all the trades were posted. There were other traders who followed and posted gains of 800 or more for the week. That is also leaving no trades in a carry over. I think you will like 10.2 as a very solid trading system. It deals with the basics of top down analysis, using weekly and monthly pivot lines, MA lines as trendlines, and a readjusted slope indicator to signify the strength and direction of the trend.

I may do an explorer account but at this point I still am doing testing of the system. Guys willing to contribute are more than welcome. Anyways be interested in your thoughts.
  • #773
  • May 13, 2012 7:37am May 13, 2012 7:37am
Quoting P.Dean
no pumpkin.. it needs to be at least 6mo and revealed from beginning to end and not trading pennies.

how do you like my humor now.

besides i am talking to Bob, your not even qualified no offense.
Just in case you ask my SL is based on percent of an account not a fixed position. I use 1% as my loss line, sometimes I will make an exception but most of the time I will close before that point because I know its a bad trade. So I use very wide SL and give my trades room to make a profit.
  • #774
  • May 13, 2012 7:42am May 13, 2012 7:42am
Quoting lillelise
i realy start to doubt if nanningbob is who he say he is....
..i have a suspission it could be my wife,,teasing us,,

Cause here in my home 1+1 realy doesnt have to be 2 at all
if she desides...
I have been married for 37 years so I understood that one. That was funny and my wife gave me permission to laugh.
  • #775
  • May 13, 2012 8:01am May 13, 2012 8:01am
Quoting nanningbob
Just in case you ask my SL is based on percent of an account not a fixed position. I use 1% as my loss line, sometimes I will make an exception but most of the time I will close before that point because I know its a bad trade. So I use very wide SL and give my trades room to make a profit.
I use the sl the same way Bob the only difference is I trade in the shorter time frame. but i was under impression that you do not use sl period.. i must admit i have not read your stuff (your threads) as i do not read a lot of stuff in ff so no offense. the fact of you using sl now changes things a bit but still the use of wide sl and reliance of recovery tricks dose not change my bias about your trading.

about your previous post.. you say the account was real then.. so ok, i believe you i was not around then and wont help to go read about them now nor will put up the time to do it.. but it was not a explorer account as to what I am suggesting here and it be nice if you do seriously open one.. to be honest i think is necessary for you to do so.. bcz perception is reality my friend and at the moment there are doubts about you, if you care or less.. believe me it takes less energy for you to do so than constantly defending or arguing you case here and there, I think you might concur with me in this case.
there is a saying amongst us Tennis players that I think it highly relates to trading .. "Let your racquet do the talking". action speaks a lot more than words.
my offer of explorer thing is and will still stand. With all due respect and i am entitled to my opinion as you do forgive me for saying, I do not think you are a profitable trader or as profitable that one needs to be in this business.

I just put this to rest Bob for now, unless you pick up on the offer and we can get to as how to go about it in detail.

regards,
  • #776
  • May 13, 2012 10:28am May 13, 2012 10:28am
Quoting P.Dean
Well lets put that to test as to more of who belongs to the 5% or 25% winners.
I say the no sl believers do not belong to that group when is all said and done, point blank.. no sl believers for a fact are just simply a holder of the money and will give it back sooner or later.. its like the casino money where it actually becomes your money when and if you leave the damn place.. i want to see if you and your friends in here are skillful enough to do that and even to prove the possibility of it.. i know it is not possible.. but who cares what you...
Quoting P.Dean
besides i am talking to Bob, your not even qualified no offense. May 13, 2012 16:26 (2 hr 53 min ago)
Well, P.Dean ,
what is the matter with you ?

Rudeness and offenses are not needed here and will not prove your point.

Your "humor" is nothing than a mask and behind it there is a bitter and sick man.

You do not qualify for a civilized discussion with your attitude.
  • #777
  • May 13, 2012 1:21pm May 13, 2012 1:21pm
[quote=fxtr51;5531458]If I have 0.01 lots long and 0.01 lots short on a pair,
the margin required is zero.
Not all brokers do that, but Pepperstone and many others do it.

No problem hedging with Oanda´s sub account in Europe...
Question on freezing the position: don´t you still get a margin call, although you have the same (or close) amount profit on the other subaccount?

That ´s what I want to do...guess a way of preventing big runs is to put a stop and TP at same level some hundreds of pips away...just in case...after that transfer the money from the winner subaccount to the looser to level things...
If the balancing act is done well, following the weekly monthly trend...big profits could be possible...with carefull position size...Oanda let´s you trade without lots...but units...to be freely adjusted...
  • #778
  • May 13, 2012 1:25pm May 13, 2012 1:25pm
Quoting Nacho
I dont understand all the hatred, I just wanted to share something I'm trying and that works for me, and of course I'm open to suggestions and criticism, but there is no need to offend since i'm not offending anyone.
Nacho: disregard the hatred and enjoy your profits...if the people criticizing you were making $ they wouldn´t spend time writing here...
  • #779
  • May 13, 2012 1:50pm May 13, 2012 1:50pm
P.S. As of today, I have a 4,2% account return in 3 weeks using this method, and floating loss is about 1,6% of my account as of now.[/quote]

Nacho, 3 or 4 % a week!!!, keep it up and Golman Sachs will come offering you a job as senior trader...
You are doing better than most even can dream...
...and best of luck...
  • #780
  • May 13, 2012 1:58pm May 13, 2012 1:58pm
[quote=fxtr51;5537438]I understand that.
It is an art.

No, I never take losses.
When I unlock, I close the winning position only with a profit.
And place a pending order above/below in case the market continues in that direction.
There is no loss, only a bigger distance (risk) in case my new pending
is triggered.
But we are talking about new floating loss of 1,5 or 2 % instead of
1 %.

That´s exactly what I´m planning to do...feels grewat to find someone who does it with success....I knew it should be possible....
STILL, jut like I thought, it´s an ART...needs to be mastered like real good cooking...can´t learn from a recipe book...
Thanks for that...best of suceess...(didn´t wish you luck, youré lucky, youré alive)
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