why have you accepted the price-predictability assumption? | Page 96 | Forex Factory

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why have you accepted the price-predictability assumption?

  • #1,901
  • Jan 18, 2014 4:40am Jan 18, 2014 4:40am
Quoting Proximus
{quote} Nah its nothing wild about his ideas, its just average newbieness, i`ve seen many other newbies on other forums who did the same, and pretty much all of them got a margin call sooner or later.But they kept repeating the same stupidity over and over again very religiously, until they got either broke or gave up trading. And a margin call wiping out your account for the 10th time can hurt your personal finance pretty much.Its worse than gambling addiction, atleast there you have some basic chance of winning the jackpot.With his system the...
That's how salesmen act when you corner them, they think they are really clever, have the best job ever, everything they do is the best, huge ego with nothing to back it up.

Re read his speal, I gave him specifics, he claimed they wasn't specific, interestingly all his speal is totally without specifics its all feelings and emotions.


A few pages ago, he was claiming he doesn't automate with EAs then above claiming +9% with an automated ea lol, he is a lying little salesman.

If he isn't a scammer, then he should be, he'd do way better.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,902
  • Jan 18, 2014 4:42am Jan 18, 2014 4:42am
Quoting Rap Skallion
{quote} Actually I don't use this system per se. I am too greedy I suppose. The point is that precision prediction is simply not needed to to trade this or any other market. Enough experience to get a feel for the market- Good money management skills - Sometimes a little timely daring - The ability to see when you are wrong- These skills are more important than that one. I use calculations from time to time, but I am more of an intuitive type. To me it's a matter not of calculations as of training your intuition to get things right. The art of exiting...
You sound like me, programmer or IT related job ?
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,903
  • Jan 18, 2014 4:53am Jan 18, 2014 4:53am
Quoting Magix
{quote} Really? So, not only do you have zero comprehension of market, you don't know shit about code either? Your coding skills are akin to Turveys ability to coherently post a reply? Just a random generation of words that actually takes a trade? Not only have the pair of you helped to destroy the topic at hand with your ignorance, you are now threatening to have this binned to the fucking Rookie section. Seriously... The pair of your should start a thread together and have others who have only heard about market educate you. Between the pair of...
I am not offended at all.

A lot people look at threads like these. The record shows that Turv and billytt cannot be bothered to post any proof of anything they say by a Trade Explorer here at the Factory or by Myfxbook.

That alone speaks volumes. They speak of success, but for some reason cannot show that success. Magix has a TE up, complete with explanations. Turv? Noooooo.....he cannot be bothered to back up his claims. He can only spew names and pray that readers get distracted.

Nope. I will keep reminding people that people who cannot back up what they say with some sort of statistical information are quite full of dung.
If you are good at something, never do it for free--Joker
  • #1,904
  • Jan 18, 2014 5:10am Jan 18, 2014 5:10am
Quoting jmn5611
{quote} I am not offended at all. A lot people look at threads like these. The record shows that Turv and billytt cannot be bothered to post any proof of anything they say by a Trade Explorer here at the Factory or by Myfxbook. That alone speaks volumes. They speak of success, but for some reason cannot show that success. Magix has a TE up, complete with explanations. Turv? Noooooo.....he cannot be bothered to back up his claims. He can only spew names and pray that readers get distracted. Nope. I will keep reminding people that people who cannot...

Sorry not interested in several years worth of trades i will admit average trade loss of 1.6 pips per trade average, but not giving troll's more ammo than that.

I also do not want troll's watching my live trades and sniggering on bad days, trading is hard enough without keeping trolls happy, who have no interest in the outcome anyway.

I live post most of my trades, be happy with that.

So keep your opinions to yourself and stop trolling, proving my method is off topic, you are supporting liars and troll's who have there own agenda, stop it!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,905
  • Jan 18, 2014 5:21am Jan 18, 2014 5:21am
And these troll's don't just attack me, they jump on a anyone who disagrees with them and there methods.

They do not have the only method in the universe, what might work for them, likely won't work fir someone else.

Magix's theories, are to pie in the sky for me, I log on, in a park, at a clients or mates, place a trade, watch it close it log off, if it doesn't support this, I am not interested as simple as. I ned simple,objective and repeatable with a win rate that makes it worth while.


Been working on this part time for years, likely more years to go, do I want some know it all to bash and trash my hard work, he doesn't even understand, ofcourse not.

Do i do above to others, ofcourse not
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,906
  • Jan 18, 2014 6:10am Jan 18, 2014 6:10am
Quoting jmn5611
{quote} I am not offended at all. A lot people look at threads like these. The record shows that Turv and billytt cannot be bothered to post any proof of anything they say by a Trade Explorer here at the Factory or by Myfxbook. That alone speaks volumes. They speak of success, but for some reason cannot show that success. Magix has a TE up, complete with explanations. Turv? Noooooo.....he cannot be bothered to back up his claims. He can only spew names and pray that readers get distracted. Nope. I will keep reminding people that people who cannot...

Don't be a troll and ignore everything that doesn't go your way and repeat yourself endlessly, as you've been doing.

nobody owes you any proof, what proofwe've shown you, you ignored, you will likely ignore everything else, there is no point.


Billy actually has trade logic and sense that's more than anyone else has shown on here.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,907
  • Jan 18, 2014 6:36am Jan 18, 2014 6:36am
Quoting Turveyd
{quote} You sound like me, programmer or IT related job ?
Actually a retired control systems specialist. Fooled around a lot with programs that had gone wrong, robots "going crazy", some work with hands, surrounded by people who were more often than not telling me how wrong I was.... Sound familiar?

It's almost a contrarian indicator, the greater number of people who tell you you are wrong....

I can believe the 97% rule from work experience. Anything that has feedback loops ( the fx has scads) tends to confuse people.

I was called in after the first echelon of people failed to solve the problem.

It was a fun job but I got too old for it, so now I play the forex.

The mt4 programming language doesn't look too difficult; its a lot like C. AS with any programming, you have to have a real clear idea what you want it to do( they have a nasty habit of doing what you command them to do, not what you want them to do).

Maybe some day I may write some advisory EAs. But I'm retired. I'm never going to tell anyone what to do ever again.
  • #1,908
  • Jan 18, 2014 6:45am Jan 18, 2014 6:45am
Quoting Rap Skallion
{quote} Actually a retired control systems specialist. Fooled around a lot with programs that had gone wrong, robots "going crazy", some work with hands, surrounded by people who were more often than not telling me how wrong I was.... Sound familiar? It's almost a contrarian indicator, the greater number of people who tell you you are wrong.... I can believe the 97% rule from work experience. Anything that has feedback loops ( the fx has scads) tends to confuse people. I was called in after the first echelon of people failed to solve the problem....
Very similar back ground, explains a lot, thicko's who think your stupid cause there is no way they canunderstand you, got to hate em.

Robot's hey, nice, not yet, could be interesting.

I get called in when everyone else has failed and they need a out of the box crazy plan to get the job done,it gets tiring after a while, i need to retire burning out currently.

You don't sound old enough to retire, retire early ?

I don't trust programs, so not going EA, alerts are as far as i will go, keep a brain in the loop.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,909
  • Jan 18, 2014 7:02am Jan 18, 2014 7:02am
Quoting FXEZ
{quote} The markets are efficient in the sense that there are no free arbitrage opportunities sitting around for a retail hero to take advantage of. The market distributions also have fat tails, indicating the presence of trends, an inefficiency. So efficient with trends? Mostly efficient but with some inefficiency in market structure? Randomness simply means you can't predict price movement ahead of time. If you could then the market wouldn't be random, but deterministic. Some market participants claim to be able to predict some of the time. Somewhat...
Well stated.

IMHO, most people who are trying to participate in the forex are clueless as to the underlying structure of this market, so everything appears random. This fact is the primary reason so many retail traders fail. These are the people who start each day by opening their charts and looking for a trade. Given this approach to trading, the market is completely random. The topic of how efficient or inefficient is the market, is beyond their experience. So, for 90% of FF participants, the forex is completely random, and is very efficient at wasting their time and taking their money.

I see the forex as controlled and manipulated, which is where the real trading opportunities can be found. Anyone wanting to discuss this further, send me a PM or stop by my trading journal. This thread is out of control and has become, largely, as huge waste of time. Bye!
  • #1,910
  • Jan 18, 2014 7:08am Jan 18, 2014 7:08am
Quoting Proximus
Redlion please make a poll where we can vote , how the market is, starting with the combinations:
Theory A : True-random , Efficient
Theory B: Non-Random , Inefficient
Theory C: True-Random, Inefficient
Theory D: Pseudo-Random with changing "seed" according to market sentiment and caused...
Theory E: Redlion has understandably lost interest in a thread that initially evoked some very intelligent comments, but has long since degenerated into the usual trolls-calling-each-other-trolls dialog.

Theory F: Great minds discuss ideas; small minds discuss people.
  • #1,911
  • Jan 18, 2014 7:35am Jan 18, 2014 7:35am
Quoting Turveyd
{quote} Don't be a troll and ignore everything that doesn't go your way and repeat yourself endlessly, as you've been doing. nobody owes you any proof, what proofwe've shown you, you ignored, you will likely ignore everything else, there is no point. Billy actually has trade logic and sense that's more than anyone else has shown on here.
You do not have to prove anything to me. You owe to the readers to substantiate your 80% win rate. Anytime anyone asks you for facts, data, or any other objective metric, you scream troll and run away.

You are not helping your case, Turv.
If you are good at something, never do it for free--Joker
  • #1,912
  • Jan 18, 2014 7:37am Jan 18, 2014 7:37am
Quoting jmn5611
{quote} You do not have to prove anything to me. You owe to the readers to substantiate your 80% win rate. Anytime anyone asks you for facts, data, or any other objective metric, you scream troll and run away. You are not helping your case, Turv.
And we ignore and repeat.


Time to quit this moronic brain dead troll site i think.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,913
  • Jan 18, 2014 7:51am Jan 18, 2014 7:51am
Quoting Turveyd
{quote} And we ignore and repeat. Time to quit this moronic brain dead troll site i think.
If you quit you are simply admitting that you made a claim that you cannot prove. All you need to do is attach your claims to a method of measurement. Very simple. And considering your personality type, if you thought you had anything near what you claim, you would be dying to shout it from the rooftops.

But you shy away from any kind of objective measurement. Posting trades after the fact is not credible. You need to link your account to something measurable.

You claim to want to help, you claim an 80% win rate. End all of your so called trolls and start the TE.
If you are good at something, never do it for free--Joker
  • #1,914
  • Jan 18, 2014 7:57am Jan 18, 2014 7:57am
Quoting Turveyd
And these troll's don't just attack me, they jump on a anyone who disagrees with them and there methods. They do not have the only method in the universe, what might work for them, likely won't work fir someone else. Magix's theories, are to pie in the sky for me, I log on, in a park, at a clients or mates, place a trade, watch it close it log off, if it doesn't support this, I am not interested as simple as. I ned simple,objective and repeatable with a win rate that makes it worth while. Been working on this part time for years, likely more years...
But....if your system or method is anywhere near what you say it is, it does not matter what anyone else says, right? You can silence everyone on this what you say is a "troll site" with one mighty stroke!
If you are good at something, never do it for free--Joker
  • #1,915
  • Jan 18, 2014 7:58am Jan 18, 2014 7:58am
Quoting jmn5611
{quote} If you quit you are simply admitting that you made a claim that you cannot prove. All you need to do is attach your claims to a method of measurement. Very simple. And considering your personality type, if you thought you had anything near what you claim, you would be dying to shout it from the rooftops. But you shy away from any kind of objective measurement. Posting trades after the fact is not credible. You need to link your account to something measurable. You claim to want to help, you claim an 80% win rate. End all of your so called...
And again, ignore and repeat
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,916
  • Jan 18, 2014 8:00am Jan 18, 2014 8:00am
Quoting Turveyd
{quote} And again, ignore and repeat
I am repeating your claim. I am repeating the request that you substantiate your claim.
If you are good at something, never do it for free--Joker
  • #1,917
  • Jan 18, 2014 8:41am Jan 18, 2014 8:41am
Quoting jmn5611
{quote} I am not offended at all. A lot people look at threads like these. The record shows that Turv and billytt cannot be bothered to post any proof of anything they say by a Trade Explorer here at the Factory or by Myfxbook. That alone speaks volumes. They speak of success, but for some reason cannot show that success. Magix has a TE up, complete with explanations. Turv? Noooooo.....he cannot be bothered to back up his claims. He can only spew names and pray that readers get distracted. Nope. I will keep reminding people that people who cannot...
JMN please stop acting immature. I scalped for 3 days with a view to show you guys A. I actually did trade and B. Could I predict short trrm and C using a method which another guy was partially using (Proxy) I started with £100 and now have £300+. NO One has asked to see any proof. So come on Thomas ask me. I will gladly share. I think your trouble is sir is that I made more in one day playing at scalping than you have made in a lifetime. Why not ask me to trade that outside bar on g/j if I remember. So Thomas ask me and I will show me scalp trades.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,918
  • Jan 18, 2014 8:43am Jan 18, 2014 8:43am
Quoting jmn5611
{quote} I am repeating your claim. I am repeating the request that you substantiate your claim.



For reasons posted above, i shall NOT be posting a TE.


It is not the purpose of this thread, my method is in my journal feel free to test it yourself.

I will not bother to click view post again, don't bother typing to me again.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,919
  • Jan 18, 2014 8:47am Jan 18, 2014 8:47am
Hi T hi Hangover . The pantomime continues.oh no it doesn't. Someone said something in here days ago regarding predictability and I become very interested ...pound signs are ringing but topic moved off somewhat. Be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,920
  • Jan 18, 2014 9:15am Jan 18, 2014 9:15am
Quoting billytt
{quote} JMN please stop acting immature. I scalped for 3 days with a view to show you guys A. I actually did trade and B. Could I predict short trrm and C using a method which another guy was partially using (Proxy) I started with £100 and now have £300+. NO One has asked to see any proof. So come on Thomas ask me. I will gladly share. I think your trouble is sir is that I made more in one day playing at scalping than you have made in a lifetime. Why not ask me to trade that outside bar on g/j if I remember. So Thomas ask me and I will show me scalp...
You have said this before and you balked. So, again, if you care to share, then do so.
If you are good at something, never do it for free--Joker
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