Are there any Large Lot Traders here?

As a point of observation to all those aspiring traders who naturally want to make some money at/in FX.

Ask yourself this: who is going to trade your money?

If you are going to follow somebody's system with trade signals and the like then you are not trading your own money; and in this case you would be better advised to find a productive trader who accepts PAMM accounts and put your money there. Finding such people is not easy.

edit: there are people such as Magix and RJ who have a deal of knowledge on workable systems.

If you want to trade your own money then you should totally ignore tip sheets and trading signals, and learn how to do it yourself. This will involve a lot of reading books - and I guess that counts as 'paying' for education, as well as reading forum threads and other internet trading sites to understand the market behaviour and your own weaknesses. You will spend a long time looking at charts....

As a final note; trading Forex is not a get rich quick opportunity, it is a long hard slog and longer for some than for others.

Best wishes to all.
<unsubscribed from this thread>

Ah out of the sin bin while I was sleeping.

Firstly, On the Ignore list are zax1150, DNTime, Ken A of course for being a perpetual troller, santos23, makavell, winston reed, and of course c3p0.

Secondly, with the furor this thread has provoked, 75% of the comments being attacking, ignorant and just plain spiteful, we know now why large lot traders do not reveal themselves here on FF. Why would they, when the greater majority of FF members take the cheap seats and slander rather than consider intelligent and thought provoking ideas and content.

MY good name has been horrendously slandered here; and with FF policy for suspensions without warning, discussion or right of appeal flies in the face of anything like a system of Justice. But there it is; the FF way.

To tidy a few areas of the slander up;

1 I am surprised the Badoo account still exists; I lost the password 4-5 odd years ago, and had no access to that email address for a recovery. Am I a male slut? Absolutely, and that is not new news here on FF or in any circle that I travel. And as a male slut, I find married women who cheat their husbands to be the most passionate of lovers to enjoy. This has anything to do with trading? Of course not.

2 Elance; also discussed at length about 18 months ago and not a resource I have used in years. In my early years of trading, I did contract writing to keep my mind occupied at the computer until my Forex alerts back to my main purpose; trading. I have not done Elance work in about 3 years. Nor am I ashamed I did do it. This has anything to do with trading? Again, of course not.

3 The Whorist web site. In 1996, I started my first ISP business which not only provided dial up and later DSL connectivity to thousands of clients, it also did web site design and hosting. I know a lot of you use whores; but they don't excite me at all. I did however 3-4 years ago enjoy reading the some 20 years of journals and exploits of Tommo, the then 74 year old owner of the Whorist web site. And as he was an American forever short of money, I gave him advice about how he could sustain his lifestyle with minimal effort by owning profitable web site businesses. This has anything to do with trading? No of course not.

4 The video of A Dancingphil posted by Ken A is of course not me. That guy and I look nothing like each other. But that is classic trouble making by Ken A.

An interest aspect about "human nature" is how the "great-unwashed" "swarm" when they feel safe to kick someone defenseless. And a person being suspended without any ability to reply is defenseless at least for that time. So they smell blood and attack without real reason, any logic or rationale to it.

Yet out of the "crowd/swarm" of attackers, there were several of note who stayed on point. That is, where is the scam? In fact where is any evidence of promoting my services? I certainly have no web site promoting training services. I have no email-marketing list I spam for sales leads. The fact is that every single one of my 28 students approached me. And with almost all who have a approached me, I did not reply to them for typically 1 month before responding to them. And then I stressed how they must not quit, that it would be hard work etc. That they had to satisfy themselves that they are suited to large lot trading, counter trend trading and to learning hedging.

So now to C3p0. Let us have a look at his first PM's to me over quite some time.

January 29, 2014

From: c3p0 Subject: what Timeframe trend are you countering?
--------------------------------------------------------------------------

Hi sir I've really enjoyed reading your posts. I'm 14 months into Forex working the $200 accounts still, just verging over the top as we speak. I hit the 74.6% fib line in my learning yesterday, no shit i witnessed it, i'd tell you about if you wanted to hear about it, but, the reason i'm writing to you is that I want to ask you about what time frame i should look at for the trend to which you scalp the counter trend? I'll guess you are entering at fib levels 23.6,38.2,68.2, and 76.4 pulled from dt_zz when a fractal has appeared over that fib line. I guess you use a zigzag for the main trend, nd smaller zigzags for the countertrend and switchbacks. Am i close? I really hope you take a min to help me out. I really want to get out of 9-5 slavery and move to the Bahamas real bad and i'm this close man. Thanks. Brian K

End of Message.

I had no idea WTF he was on about, and I told him so.

Again January 29, 2014

From: c3p0 Subject: the dt_zz was from someone else
--------------------------------------------------------------------------

Sorry that indicator DT_ZZ was from another trader. I guess that's not your method sorry i was thinking you had shared that one.

End of message.

Next day, January 30, 2014

From: c3p0 Subject: wait i think i got it.
--------------------------------------------------------------------------

Sir, is this right?1. find the pair's prevailing trend2. on the m1 open on the switchbacks against the prevailing trend.3. use your totally awesome trade manager EA to help manage it.4. using fibonnacci retracement also to help enter from previous highs and lows on nearby timeframes or ATR of such to help find the true low of the M1 switchback. Today was the most succe3ssful day ive ever had trading because of reading your posts+my experience over 14 months. Thanks a lot. i cant thank you enough for posting.Brian.

End of Post.

Again, I have no idea WTF he is talking about, and say so.

And shortly afterwards the same day

From: c3p0 Subject: sorry forgot to add one last thing
--------------------------------------------------------------------------
also im setting breakeven at 2 pip profit to lock in 1 pip. thats big money to me! ok then at 7 or 8 pips profit run a trail stop of 4 or 5 pips or so . sound like i about got it? Brian

End of message.

I was speechless. All the while him trying to guess my system from FF posts where I have never revealed my trading system.

January 31st, 2014

From: c3p0 Subject: hank you for replying, but you are my mentor.
--------------------------------------------------------------------------

I deserve your help, and you are my mentor if i have to comb through every word you wrote and if i never hear from you again. I turned my account 100% yesterday after reading your posts and doing what i thought you were doing.I hope you might find it in your heart and to allow me to be mentored by you, even if its only by reading your posts or some other way. If not, then i understand, i might be like that too, depending on how the person struck me. Best of life to you sir.brian

End of Message.

This where he started to beg me to become a student of mine. BEGGED!!!

Later the same day, January 31st, 2014

From: c3p0 Subject: maybe chat now and then possibly?
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Phil, well, would you maybe chat with me every now and then? you've been a big inspiration to me. I am not a regular american, I voted Ron Paul. I'm trying to move to the Bahamas if that maybe sheds a little light. Brian Asheville

End of message

And it went on and on; but you get the idea. At NO stage was I promoting anything to this person. He chased me around like a lost puppy dog..

And like with all potential students I stress the importance of NOT QUITTING, and how much I hate the lazy and quitters in the world.

Eventually the discussions went to exchanging emails, and I eventually let him become a student in early March, some 5 weeks later. He wrote several emails about how amazed he was with the system.

Attached is his performance summary from the forum. He logged in a few times over 2 months. He made 1 introductory post and was greeted with warm welcomes by about 8 other members. He made one other innocuous post, asked no questions, posted no trades for discussion.

And then he failed to log in for the next 136 days, to post in this thread yesterday.

He is by unanimous vote of the other members now banned from my forum

Listen.....Australia was a penal colony, which has nothing to do with me, seeing as I'm from New Zealand.

Before running your mouth you should actually ready the article.....he was getting paid for click throughs....an American invention. But speaking about ethics....just where are those weapons of mass destruction that thousands had to die for?

Lastly...you don't know me from a bar of soap. We've never had any contact here at all until now....when you decided to personally attack me. I would watch my step if I were you

If you decide to suspend me, I would be suspended for all of two days. Trust me, I am safe here at FF. Secondly, you are making threats, you might want to watch your own steps.

I did not attack you, I attacked your premise. Whorist is an unethical website to most of the civilized world. If Phil is linked to this, you may want consider who and what you endorse.

Shall we continue down this path?

Quite so Phil, and that's why I'm part of a small private forum where we all sit at a (virtual) round table and discuss things pertaining to trading and the system. Far too many ego's and wannabe's...here, and lets not forget that FF is a commercial product, who's business is first and foremost, to make money for themselves. Years ago it used to be much better here, but 99% of the true traders have long gone......

so what does it mean when FF makes you a commercial member from one moment to the next?

True that RJ, true that. My private forum is a great resource for the accumulated wisdom of the tiniest details of my system. Our Skype group is busy every day with the realities of trading the current market in real time.

As for FF, Almost all of my time is spent on the news and calendar side of things. This thread really did have a simple and singular purpose of finding large lot traders and to perhaps have meaningful dialogue with them. But as you say, most have left, and only the crazy like me would stick their head up to be so viciously attached.

My trade right now on EJ... Big enough?

No ability to PM it seems - a blessing for sure, and the loss of my pretty little red diamond as far as I can see.

1. I'm not threatening you. But if you attack me for no reason I shall place the matter in the hands of the moderators. I'm not going to suspend you...that's not my style.

2. I'll give you the benefit of the doubt seeing as there is so much venom in this thread, but nowhere have I endorsed anything whatsoever on this thread. I have said several times that Phil has not attempted to scam, solicit or recruit anyone from this thread. He has simply asked a question "Are there any large lot traders here?' I am simply asking those people who are accusing and pointing the finger at Phil to show me the post where he is scamming, or attempting to scam anyone. No one......not one person has been able to do that....NOT ONE.

Is Phil the 'real deal?' I don't know.....I don't know him. But it is wrong to make assumptions and then accusations against someone when such assumptions and accusations are nothing more than a mob mentality based upon ZERO evidence.

I would defend you, Phil or anyone else in such a situation because it is plainly wrong to treat people like this.

And you talk to me about 'ethics' pfffffffffffff

Yes I saw your earlier trades too, you are kicking ass nicely it seems. Well done.

so whats the deal dude..why don't you level with us and be done with it....

Actually, one did present some rather compelling evidence that this thread is a set up some for something more. Seeing that you are a busy man, I will provide the link.

http://www.forexfactory.com/showthre...505253&page=12

Post # 235.

So, again, ethics?

Well lets talk then. What system do you use which makes you confortable in using big lots?

Again.....show me a post ON THIS THREAD where Phil has attempted to scam, solicit or recruit anyone.

I answered the previous post similar to the one you point out:

"That shows you approached him. If it didn't work for you, well too bad. There's thousands of other systems 'out there' that you have to buy. There is no guarantee that any of them will work for you, because we're all different. There are many systems here on FF and one may be the best thing since sliced bread for *some* people, but not for others. That's the nature of this business.

No matter.....you approached him. That's not a scam.....that's a conscious decision you made. It's a pity it didn't work for you, but when you paid your $1,000, there was (I'm sure) not guarantee that you would become a brilliant (and wealthy) trader."

Consider it like a drug sting, realjumper. You have to approach the drug dealer to see if he is dealing drugs. If he is....well, you know the rest.

The man is clearly using marketing in an attempt to circumvent A CLEAR FF rule against the trolling of newbies.

Fortunately, Twee, and the mods have once again made the right decision and limited this fellows ability to sell his wares.

Hi,

I'm curious how long are you using genesis system? What average percentage return a month do you get? How big is the worst drawdown?

Best regards!

Bunch of scammers still supporting their boss even after there is so much proof.
Nice entertainment ....

I don't use the Genesis system any more (http://www.forexfactory.com/showthre...56#post7757856). Drawdown was never an issue because the system uses a Stop Loss placed at the previous swing high / low. Monthly returns depend on many factors including number of pairs traded, time frame traded, time zone (NY session is out of reach for me), lot size etc etc.

The thread still exists, check it out if you want.

back to the old days, around 2006 to 2007
that was the glory days of 'trading balance' here in Jakarta-Indonesia (basically it's taking Long & Short, sorry i won't go to the detail about this kind of trade)

your 10 or 50 (standard ?) lot is incomparable ... sorry for my frankness
it's common for trader taking a 100 or 200 standard lots at one moment, one shoot...and they can do it again and again, because not only they are chasing profit (in case they have positive difference between Long and Short positions) it is the 'rebate' they're after.. thousands of $ each day

So...'large lot traders' were once does exist
And maybe it's true...most of them have gone now