If it's such a great system, why isn't there a Trade Explorer attached? | Page 10 | Forex Factory

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If it's such a great system, why isn't there a Trade Explorer attached?

  • #181
  • Feb 17, 2013 11:48pm Feb 17, 2013 11:48pm
Quoting realjumper
What a lot of people here can't (or won't) see is that the originator of a system would not put it online if it were a complete failure.
i have a bridge for sale if you are interested.

if the originator can't even prove that the system has merit then how can you not see that to be useful information. that's all there is to it.

adios.
Congratulations ScalaFX for coming out of the closet!
  • #182
  • Edited Feb 18, 2013 12:12am Feb 17, 2013 11:52pm | Edited Feb 18, 2013 12:12am
Quoting nubcake
everywhere in life there are benchmarks. you get graded in school, and those grades reflect how retarded the kiddies are, and by extension how retarded the teacher is, and by extension how utterly retarded a school is, and by extension how mentally handicapped certain suburbs may be. by extension you can find chemicals in the ground or some other form of radiation that is retarding the general population. by extension you can learn triggers that cause students and teachers to excel. by extension you can know where to send your kids for a better...
The 'teachers' benchmark analogy is flawed simply because all the teachers are teaching the same curriculum (ie system) so it is easy to compare 'apples with apples.' The trading systems are all different and there is no benchmark to draw from....'apples and oranges.'

The same is true for the speedo's analogy.....we have a universal speed limit so everyone is singing from the same songsheet. We don't have different limits according to the make of car, the age of the driver, the weather conditions etc etc. Apples and oranges.....

With trading, it's not a fear of showing a few metrics, it is useless information that can easily do more harm than good.

As I said, there is a case to be made for the occasional 'live' trade, but a TE isn't worth the paper it's written on for anyone other the account holder.

ps.....don't damage that wall.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #183
  • Feb 17, 2013 11:54pm Feb 17, 2013 11:54pm
Quoting nubcake
i have a bridge for sale if you are interested.

if the originator can't even prove that the system has merit then how can you not see that to be useful information. that's all there is to it.

adios.
If the user is going to believe everything the TE tells him and not do any of the work to validate the system for himself, then you might have a market for your bridge!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #184
  • Edited 12:23am Feb 18, 2013 12:03am | Edited 12:23am
The other whack thing about trade explorer is that for example if I were to display mine then it would show crazy returns of 50% for the week because I only deposit 20% of my entire capital with my broker. Im able to do this because I get 200:1 leverage... So the rest just sits in term deposits earning interest and some just in the bank. The real % return is much less than 50% so it is misleading like that.

Then of course everyone would be saying/ thinking what ridiculous returns they are and that I'm overleveraging etc etc
Time hides Nothing
  • #185
  • Edited 4:07am Feb 18, 2013 3:44am | Edited 4:07am
Quoting lillelise
Thanks..wish i could find something you would be able to do with your intellect..
i realy tried very hard,..but had to give up..

you are good at posting BS on FF..but i doubt they pay you for that....but at least you got 10v..
so you are a kind of virtual hero,,i guess....
at least your mum vouched for you... i told her too after i kicked her out
tradewith60
  • #186
  • Feb 19, 2013 12:00am Feb 19, 2013 12:00am
Quoting CindyXXXX
The other whack thing about trade explorer is that for example if I were to display mine then it would show crazy returns of 50% for the week because I only deposit 20% of my entire capital with my broker. Im able to do this because I get 200:1 leverage... So the rest just sits in term deposits earning interest and some just in the bank. The real % return is much less than 50% so it is misleading like that.

Then of course everyone would be saying/ thinking what ridiculous returns they are and that I'm overleveraging etc etc
I agree! Not big on trade explorer. If you make a deposit it throws off your percentage per trade of previous trades based on your new amount. Unless it's just me not knowing how to adjust the bloody thing. I also have only 20% of my capital in forex so it looks like my risk per trade is way too high to other viewers. Not that it matters! Just don't want to be the guy showing off misleading gains or losses for that matter.
My trades are 100% profitable 65% of the time!
  • #187
  • Feb 19, 2013 3:08am Feb 19, 2013 3:08am
Hey! If there weren't any exams the world would be a better place. We could all go to university and be rocket scientists.

This thread just gets better. I'd just love to see a Trade Explorer put up by just one of these critics. I don't want to be impressed by big percentages. I won't even mock if they lose because I expect losses when I trade. Sometimes days go by without me placing a trade. But all this whining is beginning to get repetetive.

One or two of you seem to take this thread personally. Hilarious.
Gone to a better place
  • #188
  • Feb 19, 2013 3:20am Feb 19, 2013 3:20am
current month
Attached Image (click to enlarge)
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tradewith60
  • #189
  • Feb 19, 2013 3:35am Feb 19, 2013 3:35am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
and the only thing that helps me do is to say: Bloody good on you 60minute man!
  • #190
  • Feb 19, 2013 4:19pm Feb 19, 2013 4:19pm
http://traderspodcast.com/episode125/

food for thought for all the people so obsessed with other peoples performance,

your goal is to master the craft of trading, seeing a TE is not going to get you there any quicker...

hard work will get you there, so change your mindset and discover for yourself what works and what doesn't.
tradewith60
  • #191
  • Feb 19, 2013 5:23pm Feb 19, 2013 5:23pm
good point, but in my opinion

some traders value more the exchange of experiences on the system they have initially developed, to ultimately refine/sharpen the skills+sytem further rather showing who got bigger balls shit on a TE

a newbie genuinely seeking to learn and seeing a green TE might not be the best way to develop discipline

if i wanted to sell something, i might post my TE

if i wanted to teach, i will discuss the system in the open, see how it will test against different live situations

teaching someone to trade independently, not run a cult
  • #192
  • Feb 19, 2013 11:07pm Feb 19, 2013 11:07pm
Quoting 60minuteman
http://traderspodcast.com/episode125/

food for thought for all the people so obsessed with other peoples performance,

your goal is to master the craft of trading, seeing a TE is not going to get you there any quicker...

hard work will get you there, so change your mindset and discover for yourself what works and what doesn't.
hey man, if you ever have any coughs or colds you should totally come and see me. you see, i'm a doctor. i can even cure cancer with my magic vial of orange juice and my secret ingredients bestowed upon me from a wise old mans herb-farm on a hilltop in china. don't concern yourself with the fact that i don't have a certification on display showing i'm a doctor, or any official registration anywhere that i'm a doctor, or any evidence of any of my claims of salvation...

JUST BELIEVE!!!!!!!!!!!!!!!! only through faith and rigorous work on your part will my magic heal you (and if it fails it's your fault for not trying hard enough).

derp derp derp derp derp derp. critical thinking?... WHAT ON EARTH IS THAT BLASPHEMY!?!?
Congratulations ScalaFX for coming out of the closet!
  • #193
  • Feb 19, 2013 11:14pm Feb 19, 2013 11:14pm
Quoting 60minuteman
current month
We all know this is a demo account yes? You can open 500 demo accounts if you want, one of them is bound to hit some impressive returns.
Good on you 60minute man

Was looking at your charts though last night, some good analysis there.
But come back when it's the real deal ... Next!

Quoting smikester
Hey! If there weren't any exams the world would be a better place. We could all go to university and be rocket scientists.

I'd just love to see a Trade Explorer put up by just one of these critics. I don't want to be impressed by big percentages. I won't even mock if they lose because I expect losses when I trade. Sometimes days go by without me placing a trade. But all this whining is beginning to get repetitive.
My broker doesn't offer the option unfortunelty but I doubt I would anyway. What's the point? Maybe when I want to start selling you all my magic secrets but long time until that day. It's just an added security risk for one. Other than that it's harder to trade wen you feel like the world is watching you. My ego would never forgive me.
Time hides Nothing
  • #194
  • Feb 19, 2013 11:25pm Feb 19, 2013 11:25pm
Actually on that note, the TE is just an extension of the chart posting that happens on this forum... You're only gonna see the winners (most of the time), demo or real. Creating yet again an illusion, that will negatively affect any newcomers mindset.

It's kinda like an ego plague
Time hides Nothing
  • #195
  • Feb 19, 2013 11:46pm Feb 19, 2013 11:46pm
Quoting CindyXXXX
Actually on that note, the TE is just an extension of the chart posting that happens on this forum... You're only gonna see the winners (most of the time), demo or real. Creating yet again an illusion, that will negatively affect any newcomers mindset.

It's kinda like an ego plague

You haven't seen any losers yet ?
  • #196
  • Feb 19, 2013 11:48pm Feb 19, 2013 11:48pm
Quoting allisonmagic
You haven't seen any losers yet ?
of course, but the trend steers towards ego protection and so the same illusion will always be present. Maybe I'm wrong
Time hides Nothing
  • #197
  • Feb 19, 2013 11:50pm Feb 19, 2013 11:50pm
Quoting CindyXXXX
of course, but the trend steers towards ego protection and so the same illusion will always be present. Maybe I'm wrong

i won't try to boost any ego of mine.. i'll tell you straight up.. i've blown out my live accounts like 5 times... in a ROW. i won't deny it because that won't help me learn what i'm doing wrong
  • #198
  • Feb 19, 2013 11:52pm Feb 19, 2013 11:52pm
Quoting allisonmagic
i won't try to boost any ego of mine.. i'll tell you straight up.. i've blown out my live accounts like 5 times... in a ROW. i won't deny it because that won't help me learn what i'm doing wrong
Wait until you have 10Vs, 5 years experience and people expect you to actually have a clue. The end of the day it doesn't much matter either way. Tradings a personal en-devour but I just spare a thought for the masses of newbies that are on the forum these days. Bless em
Time hides Nothing
  • #199
  • Feb 19, 2013 11:52pm Feb 19, 2013 11:52pm
Quoting CindyXXXX
Actually on that note, the TE is just an extension of the chart posting that happens on this forum... You're only gonna see the winners (most of the time), demo or real. Creating yet again an illusion, that will negatively affect any newcomers mindset.

It's kinda like an ego plague
yes. just because some information will be bogus means IT'S ALL BOGUS. nothing is useful. anything that can, and does, ever fail invalidates every instance of it.

and what does it tell you when they can't even show a bogus TE? what does it suggest when they can't even manage a fluked set of results?

and even if they did provide fluked results are we all so completely stupid that we can't pick apart the metrics and the curve and whatever other data that's available to prove that it is a totally busted method being employed, as has been done in the past?

oh wait.... that was the whole premise that some of us were arguing towards.

it's nice when some things come full-circle.

unsubscribed. i'm off to create a new thread in the systems section without a TE. let's see if anyone will 'put in the time and hard work to validate or invalidate' my super nub baking cakes system. fun times.
Congratulations ScalaFX for coming out of the closet!
  • #200
  • Feb 19, 2013 11:54pm Feb 19, 2013 11:54pm
Quoting CindyXXXX
Wait until you have 10Vs, 5 years experience and people expect you to actually have a clue. The end of the day it doesn't much matter either way. Tradings a personal en-devour but I just spare a thought for the masses of newbies that are on the forum these days. Bless em

indeed. i'm still a noob.. been trading for 3 years, 18 hours a day, 4 days a week, and study on the weekend.. give me another 7 years and i'll at least tell you where the trend is going
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