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  • #681
  • Dec 3, 2014 2:21am Dec 3, 2014 2:21am
MikiMax, the short chat you reported, in my opinion, is not enough to call a person liar.
As can be seen from his posts, Eitian is not exactly a perfect English writer, and your question has probably been misunderstood.
I'm in his skype group, and sometimes he types so bad that I don't understand the meaning.

I think a system is good if the win rate overcomes the R/R, whatever it is. Risk 2 to get 1 is ok if you have more than 2 wins out of three, just like risk 1 to get 2 is good as long as you win more than 33%.

In the first post of Eitan's thread I read:

Quote
The strategy is based on some special pairs that were examined for the years during which I made the method and it for the one hr time frame , the strategy ensures high percentages close to 100 % for15 pips for each trade as a start!

Did you really expect to win 15 pips risking 7.5 pips with that win rate? I think you didn't make your homework, like someone else pointed out earlier.

Eitan is a very nice person, helping people for free in these forums for about three years. His systems you can find here for free, if properly used with correct MM can make you money. He's also available for questions, live chats, video conference. Finally, I have no doubt that his system, already great, will evolve in the future. He never leaves you alone.
  • #682
  • Dec 3, 2014 2:31am Dec 3, 2014 2:31am
''the strategy ensures high percentages close to 100 % for15 pips for each trade as a start!'' ....Eitan

I didn't understand what does that mean ...can someone who knows system or eitan him self explain me ? And also whats the hit rate of this system. ?
  • #683
  • Dec 3, 2014 2:33am Dec 3, 2014 2:33am
Quoting ronaleo10
''the strategy ensures high percentages close to 100 % for15 pips for each trade as a start!'' ....Eitan I didn't understand what does that mean ...can someone who knows system or eitan him self explain me ? And also whats the hit rate of this system. ?
Exactly what I was saying. It's easy to misunderstand.
  • #684
  • Dec 3, 2014 2:35am Dec 3, 2014 2:35am
Quoting ronaleo10
''the strategy ensures high percentages close to 100 % for15 pips for each trade as a start!'' ....Eitan I didn't understand what does that mean ...can someone who knows system or eitan him self explain me ? And also whats the hit rate of this system. ?
we have group on skype for that go and ask there.
when GOD brings you a challenge he also gives you the power to deal with it
  • #685
  • Dec 3, 2014 2:35am Dec 3, 2014 2:35am
MikiMax, Looks like the joke turns on you! NOW BEGONE FROM HERE!!
  • #686
  • Dec 3, 2014 2:43am Dec 3, 2014 2:43am
Quoting eitan1010
{quote} i am father i have kids and if there is problem or issue inside the family we solve it on our home place and not out from the family circle but thats how i look on that . again he showed me as scamer and put me on this thread as hall of scamers! shame on him very shame on him. ok i done and thanks.
Fact:
1. You, softly speaking, misinformed me about risk reward ratio.
2. When I raised that after the training session you just simply said: 'I'm done with you'.
skype chat for proof:
me: the thing is that you misinformed me
Eithan: what missinformed?
me: lied if you wish
Eithan: ok
[2014-12-02 15:57:11] Eitan zarfati: done with u
me: risk reward in reality is different
[2014-12-02 15:57:43] MikeFx: i expect you send me my money back
[2014-12-02 16:00:41] MikeFx: I don't want to make it public...
[2014-12-02 16:00:53] MikeFx: so it is up to you...
[2014-12-02 16:01:06] MikeFx: you can do whatever you want
[2014-12-02 16:01:39] MikeFx: but simply you misinformed me in a very important case which is r/r
[2014-12-02 16:02:15] MikeFx: so again it is your choice...
[2014-12-02 16:12:10] MikeFx: so seems like you ignore my words...
[2014-12-02 16:12:14] MikeFx: ok
Mind is the King
  • #687
  • Dec 3, 2014 2:43am Dec 3, 2014 2:43am
Quoting ronaleo10
{quote} Don't you think ideal way would be ...clarifying what are the questions in his mind. By chatting with you he formed certain ideas about your system ..which he found contradicting after going further about it. For you being a good teacher , you should clear his doubts and provide him solution. Cutting him off , clearly goes against your image in my humble opinion. After all he paid you.
M.r, he got his training and system,then he call me names (thift ,lier etc etc) do you think i still need support him,=no

i gave him what i should need to give him system+training , all the rest is optional from me and not as obviously.
when GOD brings you a challenge he also gives you the power to deal with it
  • #688
  • Dec 3, 2014 2:52am Dec 3, 2014 2:52am
Quoting pecas
MikiMax, the short chat you reported, in my opinion, is not enough to call a person liar. As can be seen from his posts, Eitian is not exactly a perfect English writer, and your question has probably been misunderstood. I'm in his skype group, and sometimes he types so bad that I don't understand the meaning. I think a system is good if the win rate overcomes the R/R, whatever it is. Risk 2 to get 1 is ok if you have more than 2 wins out of three, just like risk 1 to get 2 is good as long as you win more than 33%. In the first post of Eitan's thread...
Paces, thanks for your words. Please kindly read your words: 'I think a system is good if the win rate overcomes the R/R, whatever it is.'
I'm referring to mine and Eithan's chat over skype BEFORE the purchase was made. I talk about risk to reward ratio and his answer.
The rest is just your opinion about his system. I think you are wrong. But as it's always is time will tell...
Do you remember that Eur/Usd trade of 26th of Nov 2014 when according to the system you risk about 85 pips to gain the first part of 15 pips and then maybe the rest later. As far as I noticed most of the folks take the first 15 pips and they are happy with that. Good, until the situation mentioned. So after, one has to make 6 trades of 15 pips to get that trade in example covered. Funny?
Mind is the King
  • #689
  • Dec 3, 2014 2:53am Dec 3, 2014 2:53am
Quoting eitan1010
{quote} we have group on skype for that go and ask there.

Frankly speaking ....i will appreciate if you can answer here....because right now lot of people are interested in this thread, this way you get to promote your system.
And also if i like your idea i can join skype group later .
  • #690
  • Dec 3, 2014 2:55am Dec 3, 2014 2:55am
Quoting eitan1010
{quote} M.r, he got his training and system,then he call me names (thift ,lier etc etc) do you think i still need support him,=no i gave him what i should need to give him system+training , all the rest is optional from me and not as obviously.
Did you try to explain him risk reward confusion ...he was having anytime during your chat ..?
  • #691
  • Dec 3, 2014 3:11am Dec 3, 2014 3:11am
Quoting ronaleo10
{quote} Did you try to explain him risk reward confusion ...he was having anytime during your chat ..?
yes he know what to do with tp/sl issue after the training , and as i see it now i understood he dont have clue on it,

friend i done here , thanks

if any Q i will glad to help in my time on my group,i have trainings and help to set,

C ya there.(if you want).

GL.
when GOD brings you a challenge he also gives you the power to deal with it
  • #692
  • Dec 3, 2014 3:14am Dec 3, 2014 3:14am
Quoting ronaleo10
''the strategy ensures high percentages close to 100 % for15 pips for each trade as a start!'' ....Eitan I didn't understand what does that mean ...can someone who knows system or eitan him self explain me ? And also whats the hit rate of this system. ?
Hello, Ronaleo!

It means that according to Eitan's system you can use one or several TP for every trade (by dividing the lot size). First target is 15 pips and it has the highest Win/loss ratio based on Eitan's backtesting and experience. The other two TP targets are optional and it's up to everyone whether to use them or not. If you set TP2 and TP3, you increase Risk/Reward ratio, but decrease Win/Loss ratio.

Hope it helps.

Best regards,
Artem
Let's go with the flow
  • #693
  • Dec 3, 2014 3:24am Dec 3, 2014 3:24am
Quoting artem_t
{quote} Hello, Ronaleo! It means that according to Eitan's system you can use one or several TP for every trade (by dividing the lot size). First target is 15 pips and it has the highest Win/loss ratio based on Eitan's backtesting and experience. The other two TP targets are optional and it's up to everyone whether to use them or not. If you set TP2 and TP3, you increase Risk/Reward ratio, but decrease Win/Loss ratio. Hope it helps. Best regards, Artem
Very True, Artem.
He should said that at the beginning to make all transparent.
Still according to the system rules, one puts sl to the last swing low and that is many times 30-50-80 pips apart.
And that's not the risk to reward ratio he mentioned chatting with me. Of course it can be NEARLY 100% win but NEARLY.
And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Mind is the King
  • #694
  • Dec 3, 2014 3:50am Dec 3, 2014 3:50am
Quoting MikiMax
{quote} Very True, Artem. He should said that at the beginning to make all transparent. Still according to the system rules, one puts sl to the last swing low and that is many times 30-50-80 pips apart. And that's not the risk to reward ratio he mentioned chatting with me. Of course it can be NEARLY 100% win but NEARLY. And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Look, MikiMax, we're all his students. We don't know how the outcome will be. I can't say that the system is perfect, or I can say that it's not good. We're all his students, you and me. So we can all do only to test the system and we'll see how things turn out, ok? About the rr ratio yes I know that. we're all facing the same question here. all the students in the classroom. so it's not only you. So all I can say is only to test the system and we'll see how things turn out, ok?
  • #695
  • Dec 3, 2014 3:54am Dec 3, 2014 3:54am
Quoting MikiMax
{quote} Very True, Artem. He should said that at the beginning to make all transparent. Still according to the system rules, one puts sl to the last swing low and that is many times 30-50-80 pips apart. And that's not the risk to reward ratio he mentioned chatting with me. Of course it can be NEARLY 100% win but NEARLY. And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Look, MikiMax, we're all his students. We don't know how the outcome will be. I can't say that the system is perfect, or I can say that it's not good. We're all his students, you and me. So we can all do only to test the system and we'll see how things turn out, ok? About the rr ratio yes I know that. we're all facing the same question here. all the students in the classroom. so it's not only you. So don't worry ok?
  • #696
  • Dec 3, 2014 3:55am Dec 3, 2014 3:55am
Quoting MikiMax
{quote} Very True, Artem. He should said that at the beginning to make all transparent. Still according to the system rules, one puts sl to the last swing low and that is many times 30-50-80 pips apart. And that's not the risk to reward ratio he mentioned chatting with me. Of course it can be NEARLY 100% win but NEARLY. And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Look, MikiMax, we're all his students. We don't know how the outcome will be. I can't say that the system is perfect, or I can say that it's not good. We're all his students, you and me. So we can all do only to test the system and we'll see how things turn out, ok? About the rr ratio yes I know that. we're all facing the same question here. all the students in the classroom. so it's not only you. So don't worry ok?
  • #697
  • Dec 3, 2014 3:55am Dec 3, 2014 3:55am
Quoting MikiMax
{quote} Very True, Artem. He should said that at the beginning to make all transparent. Still according to the system rules, one puts sl to the last swing low and that is many times 30-50-80 pips apart. And that's not the risk to reward ratio he mentioned chatting with me. Of course it can be NEARLY 100% win but NEARLY. And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Hi, Miki!

I understand your point of view and I agree with you that misunderstanding about Risk/reward ratio is a very unpleasant thing.
But, to be honest, I am not sure that Eitan meant exactly what you thought:
Eithan: [2014-11-25 14:16:02] Eitan zarfati: risk one for two - it could be just a typo or incorrect words' reduction (i.e. "reward/risk one for two"). I don't know what exactly Eitan meant, but I am sure he wasn't going to deceive you - he is not a person who makes these things, imo.
Also, the answer about risk/reward ratio has already been in his thread many pages ago (http://www.forexfactory.com/showthre...77#post7862977).

Quoting MikiMax
{quote}And when one gets in a loss trade like with Eur/Usd already mentioned, you are in trouble...
Btw, what is the Eur/usd trade you've mentioned?

Best regards,
Artem
Let's go with the flow
  • #698
  • Dec 3, 2014 4:02am Dec 3, 2014 4:02am
Quoting andrern2000
{quote} Look, MikiMax, we're all his students. We don't know how the outcome will be. I can't say that the system is perfect, or I can say that it's not good. We're all his students, you and me. So we can all do only to test the system and we'll see how things turn out, ok? About the rr ratio yes I know that. we're all facing the same question here. all the students in the classroom. so it's not only you. So all I can say is only to test the system and we'll see how things turn out, ok?
Andern,
I'm not his student anymore.
He lied to me about risk to reward ratio.
When I raised that after training he banned me and try to shed negativity on my side.
Let's put personal issues, hurt ego etc. besides.
I talk about facts, arguments.
Yes, you will see soon all, if that one example with Eur/Usd have not raised a red flag in your mind.
And Eithan will be happy only cause he will be only the one in profit, but not because of trading profit,
but profit from selling half true.
As someone said: 'nearly sometimes means a lot'.
Mind is the King
  • #699
  • Dec 3, 2014 4:17am Dec 3, 2014 4:17am
Quoting artem_t
{quote} Hi, Miki! I understand your point of view and I agree with you that misunderstanding about Risk/reward ratio is a very unpleasant thing. But, to be honest, I am not sure that Eitan meant exactly what you thought: Eithan: [2014-11-25 14:16:02] Eitan zarfati: risk one for two - it could be just a typo or incorrect words' reduction (i.e. "reward/risk one for two"). I don't know what exactly Eitan meant, but I am sure he wasn't going to deceive you - he is not a person who makes these things, imo. Also, the answer about risk/reward ratio has...
Artem,

when someone says: 'risk one for two', it clearly states you risk 1 to get 2.
I attached the skype chat already.
Maybe he was not going to deceive me intentionally but he finally showed his true self
when I raised that issue after training-ignored and banned me right away.
That trade of Eur/Usd was on the 26th of Nov 2014, entry 2527 with sl according
to the rules below last swing low was 2440, means 87 pips distance. it was a loss trade.
So one expect to get first 15 pips and risk 87 !!, even when one partially divide TPs levels
as according to the system (although most of the folks take 15 right away, cause it is NEARLY 100% certainty in getting it)
it does NOT come near 1 to 2 r/r ratio mentioned.
One can fool oneself as long as one wishes to. Everybody (probably) has his own will.
Mind is the King
  • #700
  • Edited 4:57am Dec 3, 2014 4:47am | Edited 4:57am
Nov 26, 2014

Buy EURUSD at 1.2527 with stop at 1.2440

Buy at the top of the range target profit 15 pips risk 87 pips (Risk 5.8 to get 1)

GREAT SYSTEM !!!


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