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Statistical Gambling System (High Winrate, but NO EDGE)

  • #221
  • Jan 24, 2014 1:22am Jan 24, 2014 1:22am
Quoting Proximus
{quote} That sentence just answers that i wanted to hear from you.The fact that you are not rich after xyz years doing it, shows that the system is of no use. Sorry i dont meant to be rude in either of my posts, but thats the truth.Trading is by boolean logic, either you make money or you dont, nothing complicated. The fact that you try to dress trading in another costume than which it really is, just shows inexperience.I`m sorry for you guys.
Making money is complicated.

Ask yourself this. How much money do you want to make this month? After you have that answer, ask yourself, how do you plan to make that happen?

Let's start with these two things.
If you are good at something, never do it for free--Joker
  • #222
  • Jan 24, 2014 2:44am Jan 24, 2014 2:44am
Thanks for advice jmn5611.

Now i cleaned the thread from the trolls

Have you seen the latest extracted posts,they've gone way too offlimits in that last bickering, i had to ban turvey and mikk from this thread.

http://www.forexfactory.com/showthre...83#post7233583
"There's a sucker born every minute" - P.T. Barnum
  • #223
  • Jan 24, 2014 2:50am Jan 24, 2014 2:50am
morning guys have a good day
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #224
  • Jan 24, 2014 3:03am Jan 24, 2014 3:03am
Just noticed that half of this thread is already in the recycle bin.
So i think i will ignore anyone in the future who will start bickerings.
"There's a sucker born every minute" - P.T. Barnum
  • #225
  • Edited 3:51am Jan 24, 2014 3:09am | Edited 3:51am
Quoting Magix
{quote} Billy. You use a lot of words to never really say anything. You are almost like turvey, but without the dunce cap. Though you seemingly have a great story, you also seemingly sit on the fence on almost everything that is put before you. You do as much to confuse new to market as you you do to help. Which leads me to only one conclusion. You too, don't know your ass from a hole in the ground. Sure, everybody can play momo. That is seemingly all you have. Not saying it like it is a bad thing. It's just really weak and very cliché. When price...
This will be my last post to you magix or my pet name for you is Pinocchio.
I have put serious input into this thread, how many times have I said a pair is levelling off INDECISION.
You trade by buying and selling a pair AT THE SAME TIME and you call me. I turned £100 into £700 in 2 weeks playing...
Your 1st lesson. Shall I help you onto a chair.
Using 1 pair ,BUY when it goes UP and SELL when it goes down.
I repeat once more, using one pair BUY when it goes UP and SELL when it goes DOWN
NOT BUY AND SELL SAME PAIR AT THE SAME TIME, lol
I do make errors typing but it is normally due to me being on mobile. Be good take and once more
Using one pair BUY when it goes UP and Sell when it goes down EASY, that's a good boy, get down now and try a trade...
Check SIMPLE STRATEGY room I put my trades in there[attach]1355068
Say again Pinocchio oops I mean Magix are you a trader
Attached Image (click to enlarge)
Click to Enlarge Name: pinoccio A.PNG Size: 46 KB
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #226
  • Jan 24, 2014 3:21am Jan 24, 2014 3:21am
Quoting jmn5611
{quote} I have noticed that most of the posts from billy are needlessly cryptic. But he is stat averse, much like turv is.
JMN this is last post I write to you, You too buy and sell the same pair at the same time, so please do not have a go at me. Go to SIMPLE STRATEGY room and see my trades. I do believe that you may of found the holy grail regarding your TE, You are nearly 2% up by buying and selling a pair at the same time, well done I wish I could shake your hand. Anyway lesson time ,Shall I lift you onto a chair, oh you can sit next to magix...
1st lesson,,,,Using 1 pair BUY when it goes UP and SELL when it goes down.
once more, you too can join in Magix
BUY when it goes UP and SELL when it goes DOWN, SEE that's easy, ok boys get down now and trade, and put your trades in SIMPLE STRATEGY room with mine, be good bud
Attached Image

JMN, just once more and speak the truth, tell me are you a real trader
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #227
  • Jan 24, 2014 3:22am Jan 24, 2014 3:22am
Quoting Proximus
Just noticed that half of this thread is already in the recycle bin. So i think i will ignore anyone in the future who will start bickerings.
good idea Proxy
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #228
  • Jan 24, 2014 3:30am Jan 24, 2014 3:30am
Proxy, I just pinged you
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #229
  • Jan 24, 2014 3:56am Jan 24, 2014 3:56am
Proxy, your gambling method as a bit of fun, Can you not try muscling your way back into a trade . I do not mean it as short and long at same time as a method as this fails but make a counter trade off a high probability entry, I used to do something like this years and years ago

edit,, it would help having a big bank roll to play with
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #230
  • Edited 4:20am Jan 24, 2014 4:09am | Edited 4:20am
I am in a e/j scalp but system has crashed and I cannot close trade, lol

edit, 10 mins later .I was 20 pips up then it dropped down to 10 pips and still I cannot close trade, It would be good if this went in my favour
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #231
  • Jan 24, 2014 8:14am Jan 24, 2014 8:14am
Quoting Proximus
Just noticed that half of this thread is already in the recycle bin. So i think i will ignore anyone in the future who will start bickerings.
If I were you I would also ignore someone who makes a lot of posts on your thread, none of which are relevant to your system and most of which are just about himself. Apart from this disruption, you have the makings of a good thread. I'm interested to see where you are going with this experiment.
  • #232
  • Jan 24, 2014 8:31am Jan 24, 2014 8:31am
Quoting Proximus
Just noticed that half of this thread is already in the recycle bin. So i think i will ignore anyone in the future who will start bickerings.
Great!!!
  • #233
  • Jan 24, 2014 8:44am Jan 24, 2014 8:44am
Quoting euclid
{quote} If I were you I would also ignore someone who makes a lot of posts on your thread, none of which are relevant to your system and most of which are just about himself. Apart from this disruption, you have the makings of a good thread. I'm interested to see where you are going with this experiment.
You mean billy? Nah, he may have unusual methods to express himself, but he is a good guy.His posts make sense, and he never started any bickering in any thread around here that i have seen.

He also shows a higher level of experience in trading which is highly appreciated.

As for offtopic, hey, we need that too, to keep the mood good in this thread.

______________________--

Getting back to topic, i was thinking about this system today, and i think it would be a nice idea to use the bollinger band again.

But not for placing stops, but for filtering out the tops and bottoms. The outer ranges of the BB shows levels of price where the price is the most unlikely to go, so we can use them as a MONHLY, WEEKLY, DAILY MAXIMUM HIGH/LOW detector, so to not commit the same mistake as i did by selling at an the monthly low.

What do you think guys?
"There's a sucker born every minute" - P.T. Barnum
  • #234
  • Jan 24, 2014 8:49am Jan 24, 2014 8:49am
I can't help on choosing the right BB settings but this seems a good idea, you could put the EA off when the price is near the lines and only trade on a safe area...
  • #235
  • Jan 24, 2014 10:20am Jan 24, 2014 10:20am
Quoting billytt
{quote} JMN this is last post I write to you, You too buy and sell the same pair at the same time, so please do not have a go at me. Go to SIMPLE STRATEGY room and see my trades. I do believe that you may of found the holy grail regarding your TE, You are nearly 2% up by buying and selling a pair at the same time, well done I wish I could shake your hand. Anyway lesson time ,Shall I lift you onto a chair, oh you can sit next to magix... 1st lesson,,,,Using 1 pair BUY when it goes UP and SELL when it goes down. once more, you too can join in Magix...
Considering I am the one with a TE linked to a live account, and you are the one posting ex post facto charts, it is I who should be asking you who the trader is. Right now, all you have is talk. How about you link a TE so we can really see what it is that you claim to do, instead of doing all this yapping. Without an objective arbiter, you can post your winners and hide your losers.

That will not do, billy, man up or shut up.
If you are good at something, never do it for free--Joker
  • #236
  • Jan 24, 2014 10:25am Jan 24, 2014 10:25am
Quoting Proximus
{quote} You mean billy? Nah, he may have unusual methods to express himself, but he is a good guy.His posts make sense, and he never started any bickering in any thread around here that i have seen. He also shows a higher level of experience in trading which is highly appreciated. As for offtopic, hey, we need that too, to keep the mood good in this thread. ______________________-- Getting back to topic, i was thinking about this system today, and i think it would be a nice idea to use the bollinger band again. But not for placing stops, but for...
Okay, that's a start in an effort to analyse your problem, but what would your trade trigger be? What is your criteria for determining whether or not you have a reversal off the band?
If you are good at something, never do it for free--Joker
  • #237
  • Jan 24, 2014 10:29am Jan 24, 2014 10:29am
Quoting Proximus
Thanks for advice jmn5611. Now i cleaned the thread from the trolls Have you seen the latest extracted posts,they've gone way too offlimits in that last bickering, i had to ban turvey and mikk from this thread. http://www.forexfactory.com/showthre...83#post7233583
Turv is lucky he his still a member of FF. Making death threats is illegal. It is clear you trying to build your grail. Which means all we can do is ask you questions for you to think about.
If you are good at something, never do it for free--Joker
  • #238
  • Jan 24, 2014 11:27am Jan 24, 2014 11:27am
Quoting jmn5611
{quote} Turv is lucky he his still a member of FF. Making death threats is illegal. It is clear you trying to build your grail. Which means all we can do is ask you questions for you to think about.
Yes Turv just pushed the outside the limits this time, so i dont want my thread to be polluted with such conversation.If you look at my posts, i never insulted anybody during my presence at FF,even when i was mad i tried to be polite, yet many of the guys did insulted me.So that is why i banned realjumper too.

________

Of course, asking questions is nice, and it helps anyone of us to think about solutions to this problem, but no bickering and trolling.
Quote
Okay, that's a start in an effort to analyse your problem, but what would your trade trigger be? What is your criteria for determining whether or not you have a reversal off the band?

The trigger is the same, buy/sell near the MA, when it crosses it from above or below.But the fillter was a bigger issue, we dont want to buy at alltime high or sell at alltime low We must avoid that.
"There's a sucker born every minute" - P.T. Barnum
  • #239
  • Jan 24, 2014 12:00pm Jan 24, 2014 12:00pm
Quoting Proximus
{quote} Yes Turv just pushed the outside the limits this time, so i dont want my thread to be polluted with such conversation.If you look at my posts, i never insulted anybody during my presence at FF,even when i was mad i tried to be polite, yet many of the guys did insulted me.So that is why i banned realjumper too. ________ Of course, asking questions is nice, and it helps anyone of us to think about solutions to this problem, but no bickering and trolling. {quote} The trigger is the same, buy/sell near the MA, when it crosses it from above or...
Okay, so we have a trigger and a filter. What if the trade goes against you anyway? Do you wait it out, dig out, or close it?
If you are good at something, never do it for free--Joker
  • #240
  • Jan 24, 2014 12:43pm Jan 24, 2014 12:43pm
Hi Proxy, your gambling method.. what time chart are you looking for, meaning,
Are you happy getting one trade per day or maybe a trade every few hours .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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