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Philax Mann

  • #61
  • Feb 8, 2013 7:53am Feb 8, 2013 7:53am
Quoting ssk1284u
Hi,

Some really amazing results and not to mention - TRANSPARENCY (trade explorer etc).

Congrats and keep up the good work.

Hope you can speak more about your method (or post up 'hints' or 'what/where' to look into) - and no matter how unconventional it is you have your results to back you up!!!!

Cheers
ssk1284u, welcome buddy, will heed your suggetion...Thank you and good luck
  • #62
  • Feb 8, 2013 9:54am Feb 8, 2013 9:54am
Nice trading this week!

Unlock your balance , so we can see who gets to the $50k mark first...

Cheers
  • #63
  • Feb 8, 2013 10:31am Feb 8, 2013 10:31am
Remarkably we have the exact same level of profit ($2,276) at the moment. Your live account 158 days old and mine is 63 days... Your net pip is 358 and mine is 2,569 pips. Your avarage lot size 1 lot in comparison my lot size is 0.10.

Forget $50k marathon, lets have $5k sprite shall we? Who gets to $5k first?

My balance is unlocked for this weekend only.


Quoting dBo
Nice trading this week!

Unlock your balance , so we can see who gets to the $50k mark first...

Cheers
  • #64
  • Feb 8, 2013 10:42am Feb 8, 2013 10:42am
Quoting Rasfilmon
Remarkably we have the exact same level of profit ($2,276) at the moment. Your live account 158 days old and mine is 63 days... Your net pip is 358 and mine is 2,569 pips. Your avarage lot size 1 lot in comparison my lot size is 0.10.

Forget $50k marathon, lets have $5k sprite shall we? Who gets to $5k first?

My balance is unlocked for this weekend only.
You are going to have to keep your balance unlocked if you want to have a little race but yea lets do it...first to $5,000...sounds fun...

good luck!

ps. don't forget they're many ways to trade (small units + more trades or large units + less trades) to each their own...whatever works for your personality is KEY.
  • #65
  • Feb 8, 2013 1:27pm Feb 8, 2013 1:27pm
Hey! Very good job!
Have you decreased risk or trading strategy, because I see your losses are very small now, even with 20 pips you only lose 20% of account, while in the past you lost much much more for same pips.
  • #66
  • Feb 8, 2013 1:46pm Feb 8, 2013 1:46pm
Found out about your system, not specifically yours but the general system i believe you're using, thanks for the hints.
  • #67
  • Feb 8, 2013 1:56pm Feb 8, 2013 1:56pm
Quoting dBo
You are going to have to keep your balance unlocked if you want to have a little race but yea lets do it...first to $5,000...sounds fun...

good luck!

ps. don't forget they're many ways to trade (small units + more trades or large units + less trades) to each their own...whatever works for your personality is KEY.
yoooooooooooooooooooooooooo
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I will become the World's best at my own style
  • #68
  • Feb 8, 2013 3:32pm Feb 8, 2013 3:32pm
Rasfilmon,
your trades are unbelievable. It is one week that I'm following what you are doing and every time are more amazed. My deepest congratulation.

I know that the objective of this forum is to share strategies, but it is my opinion that you have a gold mine in your hand and I'm surprised that you are sharing it. It is not impossible to understand what you are doing and once everybody knows, the gold mine will be gone!!
Think about it.

Good luck and really you have done a wonderful work

Retr
  • #69
  • Feb 9, 2013 7:10am Feb 9, 2013 7:10am
Good day, Rasfilmon,


Very impressed by your trading style. Wish you a lot of additional +++pips and contunation of your perfection.
I every time watching and trying to analyse your trading list but confused with the time differents on your platform or trading list, what is your GMT in the trading list? What timeframes you use when open new positions? Are your system automated or you trade manually?
  • #70
  • Feb 9, 2013 8:45am Feb 9, 2013 8:45am
Do you guys actually believe Rasfilmon will spoon feed you his method? Why would his "edge" be given away for free? If that edge is given away, it will no longer be an edge? It's common sense; some need more understanding that. It's like this - I have a new business that is beating the competition and no one can match it's performance, but others are asking for help to do the same thing. Who would be crazy enough to give away their secret recipe to success? Once that receipe is given, it's no longer an edge. Price movement will be programmed to take that edge out; unless you really believe there is randomness.

If you are aspiring and hard working, deconstruct his trades yourself. You will see a pattern emerge. It takes smarts, common sense, and hard work - nothing is free in life.

What Rasfilmon provided is hope. Up to the rest to learn from it. There is ONE obvious strategy that I already saw in his trade, but I decrypted that with hard work. That remains his trade secret, and respect it so.
Management of drawdown is true skill to trading.
  • #71
  • Feb 9, 2013 11:48pm Feb 9, 2013 11:48pm
I have to agree with the comments re Ras keeping the method private. It will not benefit any person for this strategy to become public. The day it becomes public in FF is the begginning of the end. There might even be other people already having similar success with a similar system. I'm sure no one wants to ruin a good thing. It's beleived even Gann didn't give away all of his secrets.

I've never be able to understand why people post stategies on FF that are suppose to be profitable, sometimes I think its the brokers or banks feeding it back into the market for effeciency to gobble it up. The smaller the time frame the easier it is for market efficiency to work its way and Ras's stategy is short / spot trade length. I think Ras knows this and I don't see him giving away too much, but perhaps pointing in the general area, posting his trades and telling what it is not.

It certainly is inspiring to see the results and gives hope to many for sure.

I wish you all the best Ras and as I mentioned to you once before. .... keep it secret, keep it safe
  • #72
  • Feb 10, 2013 12:50am Feb 10, 2013 12:50am
I just don't agree that once you tell people what to do or show a working system, then it won't work for much longer. There are countless people on this forum alone that all read one thing and then interperate it in their own way. That is all that would happen here. Some would understand, some wouldn't and people would move on to the next big thing..

jt
"Even if you fall down face first, you still went forward."
  • #73
  • Feb 10, 2013 3:31am Feb 10, 2013 3:31am
People and for that matter, commerical won't move onto the next big thing when the current big thing is making 1000% a month, they will when it stops working though and the very act of a great number of people using the same system is what ends the system. Imagine if it become an EA.

If you had a computer in the 80's, telex in the 70's or ticker tape before that, then you had an edge in the market over others and some inefficiencies could remain in place for those few with the edge to take advantage of them (ie from speed of information). Breakouts come to mind. Now we are all hooked into market with relative super computers at millisecond speed .... there is no edge over the next person there anymore, its a level playing field (at least in the retail world) and no one gets rich from breakouts over the long term. I beleive it's also a more efficient market now too.

An edge is only an edge if it is an edge over the competition (everyone other than yourself). Once your competition know the edge, its not an edge anymore. When the competition finds the same inefficiency, it becomes efficient by the very act of them trying to exploit it .. the edge is gone.
  • #74
  • Feb 10, 2013 7:05am Feb 10, 2013 7:05am
Hello Ladies & Gents,

Thank you for the good words. Interesting discussion going around mainly centred on exposing of my strategy...

Here are my 2 cents; my system is combination of what technology offers coupled with brain power, it is manual trading aided by technology in other words. The system is manual for now but it has great potential for an EA, if it passes the test of time that is, at the moment of time the system is still work in progress, still do not know how deep the rabbit hole goes yet.

Banks and brokers have clear edge on us because of their shire advantage on information among many things. Very valuable information advantage they use to permanently tilt the edge on various degrees towards them to amass mega cash is what we talking about. Just like the casinos, the edge is always tilted in favour of the casinos permanently. Levelling the playing fields is one thing and, having a long term winning edge even if it is tiny bit is another thing.

The degree might differ but every long term successful trader has clear overall and winning edge, whether he or she is a banker, bed room trader, hedge found manager...There maybe infinite ways to get clear overall edge over the market, I hear about one serious trader who used patterns of African elephants migration corridors/roots to determined his trades. Who is going to say impossible, it can not be done!? I think the numbers along should speak for them selves. There maybe many way to find the holy grail or the edge, you just have to thinking outside the box every now and then, and then read and listen.

Mind over matter with objective realism is a good mix I'm comfortable about.


You know, I'm glad I gave you some hopes and galvanising you to think outside the box, feels good!










Quoting Affirmed
Do you guys actually believe Rasfilmon will spoon feed you his method? Why would his "edge" be given away for free? If that edge is given away, it will no longer be an edge? It's common sense; some need more understanding that. It's like this - I have a new business that is beating the competition and no one can match it's performance, but others are asking for help to do the same thing. Who would be crazy enough to give away their secret recipe to success? Once that receipe is given, it's no longer an edge. Price movement will be programmed...
  • #75
  • Feb 10, 2013 7:25am Feb 10, 2013 7:25am
heck yeah, giving hope is a great awesome thing, seeing someone succeed and show the success using a trade explorer is wonderful, and a precious gift in itself, with all the crap out there......

Quoting Rasfilmon
Hello Ladies & Gents,

Thank you for the good words. Interesting discussion going around mainly centred on exposing of my strategy...

Here are my 2 cents; my system is combination of what technology offers coupled with brain power, it is manual trading aided by technology in other words. The system is manual for now but it has great potential for an EA, if it passes the test of time that is, at the moment of time the system is still work in progress, still do not know how deep the rabbit hole goes yet.

Banks and brokers have clear edge on us...
  • #76
  • Feb 11, 2013 8:24am Feb 11, 2013 8:24am
Thanks Starry,

Glad i inspired you....I have seen what your doing on-your thread, i even tried to throw in some advice but i don't think my comment was posted on your thread as I was new FF member and not allowed to post I think.... Anyway I think your doing to much unnecessary work with your trading, I know your new into this business (so am by the way) but, I thought your overly concertating in controlling the forex markets with your chart analysis, with no much success to speak of.... Chart reading is important but you would be surprise how overly rated it is. Forex is one of those markets that you need to combine fundamentals with technical equally; people who do only one of them will fail. I think Warren Buffet lost 2 billion in forex allegedly the reason being is that WB thought fundamental analysis alone was good enough to do the job in regards to his forex trading....

My advice to you is craft your own strategy that suits you, if your strategy is not working for more than 4 weeks runing then you should go back to the drawing board and start fresh again.


Quoting Starry
heck yeah, giving hope is a great awesome thing, seeing someone succeed and show the success using a trade explorer is wonderful, and a precious gift in itself, with all the crap out there......
  • #77
  • Feb 11, 2013 8:39am Feb 11, 2013 8:39am
Quoting Rasfilmon
Thanks Starry,

Glad i inspired you....I have seen what your doing on-your thread, i even tried to throw in some advice but i don't think my comment was posted on your thread as I was new FF member and not allowed to post I think.... Anyway I think your doing to much unnecessary work with your trading, I know your new into this business (so am by the way) but, I thought your overly concertating in controlling the forex markets with your chart analysis, with no much success to speak of.... Chart reading is important but you would be surprise how...
Thanks. However, i have system jumped far too often, and i know this system works. i am going to stick with this one. I have had success in the sense that i have now gone flat i wasnt doing it correct before, and now i realize i am just ignoring some of the good trades because im trying to do something i am not experienced with (break and retest of support lines). So in actuality i am molding a new system, using harmonics as a basis. no need to change, i will give it plenty of time and effort. i record my thoughts on why i ignored a trade, and honestly i see plenty of trades that would've worked (in hindsight), now i just need to figure out why i ignore them. something to do with broken demand/supply zones. I am more successful now in the sense that i am drawing the przs pretty much correctly, most of the time, i just dont mention it in the journal. but i also have some other przs i ignore and which is a good thing, so ill see where i get in a month or so!
  • #78
  • Feb 11, 2013 8:45am Feb 11, 2013 8:45am
I'm done for to day Phew!!


Mannn... Today's market was quite ugly one, low liquidity, wavy ranging market, side ways actions.... Until finally one very fat finger pressed the buy button and boom 40 pips to the north side. Had to run out of the market with my profits when the chance was presented ....

For people who know how to trade wavy ranging markets today was a perfect opportunity for them...

Any how, today wasn't that bad over all for me, I jut think I could have done better had I knew how to play with wavy markets like today. Good experience thought.

Good luck every body!!
  • #79
  • Feb 11, 2013 8:58am Feb 11, 2013 8:58am
Quoting Starry
Thanks. However, i have system jumped far too often, and i know this system works. i am going to stick with this one. I have had success in the sense that i have now gone flat i wasnt doing it correct before, and now i realize i am just ignoring some of the good trades because im trying to do something i am not experienced with (break and retest of support lines). So in actuality i am molding a new system, using harmonics as a basis. no need to change, i will give it plenty of time and effort. i record my thoughts on why i ignored a trade, and...
Good luck
  • #80
  • Feb 11, 2013 9:05am Feb 11, 2013 9:05am
Quoting Rasfilmon
Good luck
thanks
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