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Attachments: Price, Hedge, Adapt and Trend (PHAT)
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Price, Hedge, Adapt and Trend (PHAT)

  • #41
  • Jun 10, 2012 3:17pm Jun 10, 2012 3:17pm
Quoting Favorite
Yes, indeed!

As forexhard said before, "ANY set of indicators put onto the majors over the last 12-16 weeks will show an instantly successful "system"."

And even under these very good conditions you managed to lose 7-9% per trade. What will happen when the conditions are not that good?
when conditions are not favorable, its best to go with the trend...and its not 7 - 9% per trade..that would be crazy....the profit from previous trades already cancelled out that loss.....people will see what they want to see, i cant help that....lets see how the week goes...green pips to you all....
It is possible to make large sums trading, small losses, large wins
  • #42
  • Jun 10, 2012 4:59pm Jun 10, 2012 4:59pm
Quoting omadivi
and its not 7 - 9% per trade..
Yes, it is! I go to the Trade Explorer and I see the red figures: -7.3%, -9.5%

You really need some "believers" who could see what you want them to see, but the traders don't believe in losers.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #43
  • Jun 10, 2012 6:03pm Jun 10, 2012 6:03pm
Quoting Favorite
Yes, it is! I go to the Trade Explorer and I see the red figures: -7.3%, -9.5%

You really need some "believers" who could see what you want them to see, but the traders don't believe in losers.
are you saying this is a losing strategy? it almost feels as if you wanna pick a fight? i like constructive criticism. you complained about large losing trades, and i believe i gave an explanation for that...do you think five +4% trades cancel out a -7% trade?...just an example...maybe this system/approach isnt for you...but i appreciate your comments...


and BTW, i really dnt care if you are a believer. The numbers speak for themselves....
It is possible to make large sums trading, small losses, large wins
  • #44
  • Jun 10, 2012 6:12pm Jun 10, 2012 6:12pm
Quoting omadivi
and BTW, i really dnt care if you are a believer. The numbers speak for themselves....
Which numbers??? You're heavily over-leveraging for two weeks during which it was almost impossible not to win (forexhard explained it very well) and you call these two weeks' data "the numbers"? Two weeks? These two weeks? These two weeks on DEMO??? Give me a break, will you?

Quoting omadivi
are you saying this is a losing strategy?
Yes, that's exactly what I'm saying! Any martingale-based strategy is a losing strategy.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #45
  • Jun 10, 2012 6:19pm Jun 10, 2012 6:19pm
Quoting omadivi
you complained about large losing trades, and i believe i gave an explanation for that...do you think five +4% trades cancel out a -7% trade?...
You can play with your "numbers" any way you want, but we are here not the lawyers and not the used car salesmen, we are the traders, and we do know the difference between red and green.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #46
  • Jun 10, 2012 6:36pm Jun 10, 2012 6:36pm
Favorite, you should change your name to Big Troll .. what is your problem, man? There are many ways of trading,if this strategy don't fit your style, don´t be here.. there is nothing constructive in your critics.. just arrogance..
  • #47
  • Jun 10, 2012 6:36pm Jun 10, 2012 6:36pm
Quoting omadivi
do you think five +4% trades cancel out a -7% trade?...just an example
Where did you get this "example"???

I went to your Trade Explorer and read:

Quote
Best Trade Return: 2.8%
Avg Trade Return: 0.3%

Do you get it?

Where do you get those "five +4% trades"???

Do you think we are the idiots and can't read?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #48
  • Edited 6:51pm Jun 10, 2012 6:39pm | Edited 6:51pm
Quoting Tiago711
Favorite, you should change your name to Big Troll .. what is your problem, man? There are many ways of trading,if this strategy don't fit your style, don´t be here.. there is nothing constructive in your critics.. just arrogance..
Read my post above and maybe you'll understand what is my problem!

My problem is: the guy is lying through his teeth!

P.S. Tiago711, I'm very proud that one of your whopping three posts is about me being A Big Troll. However I'm too polite to call you names. But, of course, I'm arrogant and you are not...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #49
  • Jun 10, 2012 6:59pm Jun 10, 2012 6:59pm
I think your problems is much free time and nothing better to do..
Someone is sharing its strategy, if it good or bad, i really don't know yet..
But a person who said in the first posts "The Trading Systems section contains more than enough crap already" and "without the Trade Explorer all I can hear is: blah-blah-blah", and even call him a liar, ( in a thread who just started a few days ago) it just show your arrogance, and you have nothing constructive to say.
  • #50
  • Jun 10, 2012 7:12pm Jun 10, 2012 7:12pm
Quoting Tiago711
I think your problems is much free time and nothing better to do..
Someone is sharing its strategy, if it good or bad, i really don't know yet..
But a person who said in the first posts "The Trading Systems section contains more than enough crap already" and "without the Trade Explorer all I can hear is: blah-blah-blah", and even call him a liar, ( in a thread who just started a few days ago) it just show your arrogance, and you have nothing constructive to say.
He started the thread and immediately voted himself in his own poll "Is this strategy profitable for you?" - "Extremely".

Then he started creating suspense which is always a good marketing.

Then when I practically forced him to post his "system" he said he made 4.3K out of 3K in two weeks, but his Trade Explorer didn't show any figures.

After I once again forced him to show the figures I asked him how come that he lost 9.5% in one trade, 7.3% in one trade and he started lying through his teeth.

If all this is normal for you - it is your problem, not mine!

It is a free country and it is a free forum and I have the right to say what I think when somebody is lying to me.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #51
  • Jun 10, 2012 9:19pm Jun 10, 2012 9:19pm
When was the last time you got laid, Favorite?
Skype: heliosphan187
  • #52
  • Jun 11, 2012 2:22am Jun 11, 2012 2:22am
Quoting Dirtybrown
When was the last time you got laid, Favorite?


It is possible to make large sums trading, small losses, large wins
  • #53
  • Jun 11, 2012 2:58am Jun 11, 2012 2:58am
Quoting Favorite
He started the thread and immediately voted himself in his own poll "Is this strategy profitable for you?" - "Extremely".

Then he started creating suspense which is always a good marketing.

Then when I practically forced him to post his "system" he said he made 4.3K out of 3K in two weeks, but his Trade Explorer didn't show any figures.

After I once again forced him to show the figures I asked him how come that he lost 9.5% in one trade, 7.3% in one trade and he started lying through his teeth.

If all this is normal for you - it is...

mate, first you accuse me of 'smart marketing"..then you call me a liar

when you first started dropping comments, it was amusing, now its just sad!!..its obvious you've been a victim of many online scams..yes, i am trying to "sell" something...its a new trading approach:nerd:

you dnt have to like it or use it..its obvious this strategy isnt for you..and you didnt force me to do anything, you dropped comments and "suggestions", and i found some merit in them....

about the 7% loss, i am going to say this SLOOOOOOOWLLLY...if you dnt get it now,you never will....

the system: you do your analysis and enter a trade,if its a buy signal, you enter a buy trade with a pending sell below it...if the sell stop is activated you wait!!!..if a sell signal reveals itself, you enter higher lots in the sell direction...those sell trades cancel out the loss of the buy and eventually put you in profit...i normally enter several small sell trades in such situation...when you close the sell trades, do you honestly expect the buy to be positive? of cos not!!!..its a BIG losing trade...but you have hedged it and gotten out at a profit...
why dnt i just close out the buy? well, thats the system!!!..
why not let it show itself

we are all learning here...if you are above all this, what are you looking for in these forums?
It is possible to make large sums trading, small losses, large wins
  • #54
  • Jun 11, 2012 3:43am Jun 11, 2012 3:43am
The average martingale system is usually associated with very high draw downs. They are basically a counter-trend trading strategies,inwhich trades are added to a losing trade(s),in the hope of a reasonable retracement. After some price retracement,all trades are closed with an overall profit.

I have played with several martingale systems, that's what gave me the idea for this strategy.in martingale systems,the draw downs are usually very high in relation to the eventual profit. So I asked myself, why not make money in that draw down?

Heck!!..why not maximise that draw down and close everything out profitably?
The only successful way to do this would be to always trade in the trend direction. If price goes against you, confirm the new trend and instead of fighting it go with the new trend.

So this strategy strives to find the trend and go with it.
It is possible to make large sums trading, small losses, large wins
  • #55
  • Jun 11, 2012 4:06am Jun 11, 2012 4:06am
With all due respect. The entry seems credible. But your methods of handling a loss is not so favourable.

There are countless martingale, no stop loss, box, grid, hedge methods since the beginning of ff. As far as I've read, none of them are proven successful.

The ones that claim to be are making meager profits. There is a fundamental flaw with martingale or hedge strategies.

They are all not good methods of exits. In the end, you need to be directionally biased to make money in forex. Nothing can change that. Like I said, the entry methods look credible. Change your exit methods.
  • #56
  • Jun 11, 2012 4:21am Jun 11, 2012 4:21am
I dont know why some people just dont get what omadivi wants to show us. It is not martingale because we are not adding higher lots to losing trade in the hope it will reverse....

Here is what I think omadivi wants if i understand correctly


1. Enter a trade
2. If it hits TP, good, go back to 1
3. If it reverses direction, enter higher lots in the opposite direction, BUT KEEP THE former trade (hedge is not allowed in my broker, but I can have 2 subaccounts to work with)
4a. If price keeps going in the opposite direction to a certain point, then the profit in the second trade outgains the loss in the former trade, then you close both.
4b. If price reverses to original direction, what we do???? accept loss in the later trade? add another lot ???

Cases in 4b happens pretty common.... I would like to hear your suggestion on this, and clarify more on your system...

I appreciate Bill & Fav for their comments since they thought omadivi was scamming out something, but we are all adult enough to judge our own.

No offense to anyone, but anyone who is not interested in the system can just stop reading, and let those interested discuss their opinions.
  • #57
  • Jun 11, 2012 4:23am Jun 11, 2012 4:23am
Quoting thelws
With all due respect. The entry seems credible. But your methods of handling a loss is not so favourable.

There are countless martingale, no stop loss, box, grid, hedge methods since the beginning of ff. As far as I've read, none of them are proven successful.

The ones that claim to be are making meager profits. There is a fundamental flaw with martingale or hedge strategies.

They are all not good methods of exits. In the end, you need to be directionally biased to make money in forex. Nothing can change that. Like I said, the entry methods...
I try to keep the exits simple,once in over all profit, with atleast 1% profit,I exit all trades..if you have better suggestions,pls feel free to share them..
It is possible to make large sums trading, small losses, large wins
  • #58
  • Jun 11, 2012 4:34am Jun 11, 2012 4:34am
Quoting kevinpham
I dont know why some people just dont get what omadivi wants to show us. It is not martingale because we are not adding higher lots to losing trade in the hope it will reverse....

Here is what I think omadivi wants if i understand correctly


1. Enter a trade
2. If it hits TP, good, go back to 1
3. If it reverses direction, enter higher lots in the opposite direction, BUT KEEP THE former trade (hedge is not allowed in my broker, but I can have 2 subaccounts to work with)
4a. If price keeps going in the opposite direction to a certain point,...
Kelvin,you have got the basic idea behind the setup..as much as possible we want to have more trades in trend direction. In the case of 4b, if we had a buy signal, then a sell, and it reverted back to the original buy signal..we close out any positive sell trade..we do our best to reduce our "sell" investment..even if it means using the profits from any sell to cancel out negative sell positions...this means our buy order does nt have to be so large..but must be enough to cancel out any existing sell..the setup is very dynamic,am looking at compiling everything into a pdf file..I hope this info was helpful..
It is possible to make large sums trading, small losses, large wins
  • #59
  • Jun 11, 2012 4:50am Jun 11, 2012 4:50am
Quoting kevinpham
I appreciate Bill & Fav for their comments since they thought omadivi was scamming out something, but we are all adult enough to judge our own.
Sure!

As you can see I said everything I wanted to say and I already left here.

Just one more thing: I'd better be arrogant than stupid.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #60
  • Jun 11, 2012 5:48am Jun 11, 2012 5:48am
hi people,

for those monitoring our progress on the trade explorer, up 1.5% today...
PA seems to be dragging, all indicators are still in sell mode..maybe we may have more volatility once the U.S session begins...
news activity seems to be minimal...a lot of people are expecting price to close the weekend gap which started from 1.2516...i dnt hold such expectations, as i have been disappointed before by such "gap-filling hopes"..

this sell maybe just a correction for a further move up..eitherway, am waiting for price to show its hand...green pips to all..
It is possible to make large sums trading, small losses, large wins
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