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OrderFlowTrading.com - Become a Market Predator

  • #121
  • Jul 9, 2015 8:34pm Jul 9, 2015 8:34pm
Having been in this game longer than most, I thought I'd seen every scammer under the sun. By nature I'm the most sceptical man on the planet and when it comes to forex, my bullshit detector is highly attuned and ready to beep at any given moment. So when I discovered Darkstar's posts on FF it was like a breath of fresh air. Here, finally, there seemed to be someone who had not only walked the same path as I, but who was actually a few steps ahead. For although I was (and still am) a profitable trader, I hadn't made the quantum leap that I had long desired. As such, I thought I'd do something I hadn't done in years and actually purchase a trading book. The book in question was Darkstar's Order Flow Trading For Fun And Profit.

It was a good read and I felt that my initial impression of DS was correct, i.e. this was someone truly unique and who knew his stuff. It is clear from his writing that he holds a similar opinion about himself, but expertly manages to avoid (albeit barely) openly boasting about his brilliance. I think this is just as well, because for all his insight into the THEORY of forex and the so called 'meta-game', he recently betrayed his true knowledge, as well as his shockingly lacklustre abilities in this blog post from April: http://www.orderflowtrading.com/HedgeFund/LifeOnTheBuySide/tabid/200/entryid/22823/It-s-Time-For-Something-New.aspx

Ostensibly, this article was to inform his readership about his impending plans to open a hedge fund and of the superiority of holding long(er) term positions. At the same time, he went on at length about the improbability of success in day trading for the vast majority of market participants - I won't question the validity of this claim. What struck me was that for all his written output and supposed superior understanding, his ACTUAL PROFITS and projected maximum annual returns for the best 10% of day traders, were so far off base as to be laughable. I'm talking about these paragraphs in particular:

Quote
The reason is, no matter how fuckin good you are at this, you're never going to average more than maybe $500k a year. And that's if you're extremely lucky.

&

Quote
Yes, I've had years where I pulled down $300k. But I've had losing years as well. Years where, for whatever reason, I couldn't stop the carnage before it was too late. And lately it's been more stable, but at much lower levels. Last year I made just under $35k trading intraday.

Oh really, Darkstar? Is that so?

It was at this point I realised that the guy was a theoretician rather than a trader and I consigned him to the same waste bin as all the other would-be gurus that pollute the world. Now, a few months on from this eye openingly naive (yet revealing) blog post of his, and as the previous few commenters have mentioned, I see that he's turned into a full blown hypocrite to boot.

C'est la vie...
  • #122
  • Jul 11, 2015 4:20am Jul 11, 2015 4:20am
Quoting Ian K
Having been in this game longer than most, I thought I'd seen every scammer under the sun. By nature I'm the most sceptical man on the planet and when it comes to forex, my bullshit detector is highly attuned and ready to beep at any given moment. So when I discovered Darkstar's posts on FF it was like a breath of fresh air. Here, finally, there seemed to be someone who had not only walked the same path as I, but who was actually a few steps ahead. For although I was (and still am) a profitable trader, I hadn't made the quantum leap that I had long...
Actually that blog post you link to sounds like a refreshingly honest post similar to the one DS usually produces. After thinking about it I understand why he is changing direction and cleaning out his userbase. Good luck with the hedge fund Darkstar thanks for being honest.

I no longer trade daily and just put a big portion on my monthly savings into a few Vanguard funds which capture different markets.
  • #123
  • Aug 2, 2015 8:33am Aug 2, 2015 8:33am
what a crock of shit i paid the fee for the online book/lessons with lifetime site access. so wheres my refund if you're not keeping your end of the deal? i expected more from you than this darkstar.

wendigo
  • #124
  • Aug 10, 2015 5:59pm Aug 10, 2015 5:59pm
Same old same old wendigo. If Darkstar , with a beautiful woman on each arm(alarm bells) could trade forex for a good profit, he would just shut the fuck up and get on with it. Perhaps offering good advice if he was that way inclined.He's selling shit cos he can't trade. Not so many people sucking his dick now eh?By the way , I'm not that good at trading either, but at least I'm not pretending to be.
  • #125
  • Edited 6:26pm Aug 10, 2015 6:07pm | Edited 6:26pm
Quoting edge540
{quote} I couldn't agree more...I gave Darkstar the benefit of doubt and purchased his book and then paid to subscribe to his site only to find that all the site did was re-publish the book in a series of lessons so in effect we all bought the book twice!!!!!!As for content of the site,I have to give it to Darkstar he's a great talker and can spin the old trading BS out over article after article.I read the book several times but at the end of the day it was a complete waste of paper.I believe that Darkstar is very knowledgeable but unfortuately...
Look at his profile picture . A woman on each arm? come on. The man's a charlatan.
  • #126
  • Aug 11, 2015 6:37am Aug 11, 2015 6:37am
Fun and profits....

http://www.orderflowtrading.com/DSGoldsmith/InvestorRelations/FundPerformance.aspx



Guess this not be true any longer:

Quote
At the beginning of the year, we started a portfolio for the management of intermediate to long term positions. We used all the same OFT principles that I've been using for intraday trading, but applied to a longer timeframe. And I'm gonna get in to more details on it in a second... but listen... we have been right on 100% of the trades we've taken.

Every.. fuckin.. trade.

Let that sink in for a second.... who do you know trading intraday that can claim that?
  • #127
  • Aug 11, 2015 7:07pm Aug 11, 2015 7:07pm
Quoting Brunite
Fun and profits.... http://www.orderflowtrading.com/DSGoldsmith/InvestorRelations/FundPerformance.aspx Guess this not be true any longer: {quote}
Boasting about trading. Typical Darkstar, An unpleasant arrogant man.Why doesn't he just shut the fuck up and make his money if he's that good at it? Twat.
  • #128
  • Aug 21, 2015 2:53am Aug 21, 2015 2:53am
I havent read Darkstars book so I cannot comment. However, the markets are unlike anything I have encountered anywhere on the net. Even if I wanted to, I dont think I could teach price discovery. Be patient in this game and perservere...but be prepared to work as you never have?
The road to pipland is arduous and fraught with challenge.
  • #129
  • Aug 25, 2015 6:37am Aug 25, 2015 6:37am
Quoting traider
I havent read Darkstars book so I cannot comment. However, the markets are unlike anything I have encountered anywhere on the net. Even if I wanted to, I dont think I could teach price discovery. Be patient in this game and perservere...but be prepared to work as you never have?
Eh?
  • #130
  • Aug 26, 2015 1:45am Aug 26, 2015 1:45am
Let's imagine that the things Darkstar has said are honest, and the things I recall reading years ago in the chat were true...

If my understanding is correct there are people, through Darkstar, who were able to start a career in finance. How many motherfuckers can say the same thing after reading the septic torrent of shit that are the majority of posts on FF? Fucking hell the debate STILL continues on whether to stoploss or not, and whether martingale is the legit holy grail super secret of the market that nasty brokers don't want you to use. Really?

If we take it at face value that DS has had / is having years where the profits are only in the $30k range from intraday. After beating the spread, and whatever psyche issues he has when scaling-up (like most/all profitable traders experience), that's in the BLACK.

If all of that is true then that's far more than most on this forum will ever achieve. Some of you fucks can barely spell, let alone publish a book and get hundreds (in the least) of subscribers to your forums, AND make a profit from trading.

I'm tasting a lot of jelly in this thread right now. I don't know, or care, what Darkstar is up to these days and I haven't spoken to him in years... but this shit right here reeks of tall-poppy syndrome the likes of which some have tried to similarly target James16 with.

If you didn't get any value from Darkstar, or James16, then you were trying really fucking hard to make sure you didn't get the value laying right there for the taking. I swear some of you just can not handle reality and truths, and it hurts you so much that you have to selectively read the words right in front of you and spin it in ways that a competent reader wouldn't dare.

*shrug* If DS is a scammer then FF should wish for more scammers like him, instead of the inbred gene-lacking horse-shit that fertilizes this site every hour of the year.

Credit where credit is due, motherfuckers.
Congratulations ScalaFX for coming out of the closet!
  • #131
  • Aug 26, 2015 8:45pm Aug 26, 2015 8:45pm
I win every fuckin trade I take man!! ..every fuckin trade!!! Oh hang on, no I don't. Anyone want to buy a book off me and pay me subscription fees?
  • #132
  • Aug 27, 2015 1:12am Aug 27, 2015 1:12am
Quoting nubcake
Let's imagine that the things Darkstar has said are honest, and the things I recall reading years ago in the chat were true... If my understanding is correct there are people, through Darkstar, who were able to start a career in finance. How many motherfuckers can say the same thing after reading the septic torrent of shit that are the majority of posts on FF? If we take it at face value that DS has had / is having years where the profits are only in the $30k range from intraday...



If this is true, why bother the public for money?
  • #133
  • Aug 27, 2015 1:36am Aug 27, 2015 1:36am
Quoting Mingary
{quote} If this is true, why bother the public for money?
I'm not going to sit here and defend DS all week, but this question gets my curiosity for now... so what money? The money for the book, that people bought willingly? The money for access to whatever levels of site access he was selling? Or are you talking about the fund?

Should the book have been free? Should everyone get free access to the foundation of knowledge and information he and his closest crew have developed over the years that almost nobody here will have the time or mental faculties to figure-out on their own, and then have his site be an open playground for every dumb fuck like it is here where every retard too stupid to be employed flipping burgers still gets equal, and almost always, lots of attention? Or if it's the fund money you are talking about which you don't have to invest a single coin in, and it should be evident to most people that there's plenty of people who manage funds... so why can't he?

Can a person simply not be successful? Is this the FF mantra, and anyone who appears to be legit can't possibly be real? Can nobody graduate from here into becoming someone who isn't an utter failure in life? Can gates not be closed on people who can't afford the knowledge some have? Is what they know not really worth anything in your eyes?

I'm honestly not sure where your problem is. If you think DS is a scam and has suckered thousands of people then congrats to him. Better tell those guys who went off to work in finance after the help DS gave them in sharpening their trading knowledge. If DS is a scam then he sure spent a lot of money setting-up this long con and put in some pretty fucking great production values on the whole show. The fact that I, and teams of others, have seen exactly what he looks like and seen him speak on film is more than I think any of you could say about past true cons.

I'm not sure that most of you on this fucking forum would know success if it shit in your mouth, so grain of salt with the haters. I'm happy to be proven wrong if I'm wrong, but good luck with that.
Congratulations ScalaFX for coming out of the closet!
  • #134
  • Aug 27, 2015 1:46am Aug 27, 2015 1:46am
Quoting nubcake
{quote} I'm not going to sit here and defend DS all week, but this question gets my curiosity for now... so what money? The money for the book, that people bought willingly? The money for access to whatever levels of site access he was selling? Or are you talking about the fund? Should the book have been free? Should everyone get free access to the foundation of knowledge and information he and his closest crew have developed over the years that almost nobody here will have the time or mental faculties to figure-out on their own, and then have his...
No need to get your knickers in a twist (:

It's just simple math.
Why spent the effort to collect pennies from the public when he can make thousands from the market ?
  • #135
  • Aug 27, 2015 2:30am Aug 27, 2015 2:30am
Quoting Mingary
{quote} No need to get your knickers in a twist (:
If you say so. My knickers are just fine.

Quote
It's just simple math. Why spent the effort to collect pennies from the public when he can make thousands from the market ?

Why do anything? BECAUSE YOU CAN! Nobody with experience should market their talents? Everyone who has skills should be a shut-in and keep it all to themselves, because that's clearly a healthy way to live life...

Your question is like asking a painter why they teach painting instead of just selling their artwork. Why would a racecar driver also allow themselves to be hired to do public speaking at corporate events... why not just drive their car and win all of the races.

You are just being very, very myopic. If someone doesn't do what you want them to do the way you want them to do it then they must be crooked? Ok.

If there's actual evidence of wrongdoing them show it, otherwise this is all just an exercise in showing how butthurt some of you are that you can't be anything more than a bowl of jelly. At least own it. All I'm seeing in DS's doings from years ago and the current tears you are all shedding now is that DS is doing what he wants the way he wants, and that pisses some of you off that you aren't allowed to suckle the tit anymore, or at all. The door still seems open from what I can tell, it's just not going to be given to you for nothing as though you earned it just by existing. Seems reasonable to me that a person should get paid.

Good conversation (not really).
Congratulations ScalaFX for coming out of the closet!
  • #136
  • Aug 27, 2015 2:39am Aug 27, 2015 2:39am
Quoting nubcake
{quote} If you say so. My knickers are just fine. {quote} Why do anything? BECAUSE YOU CAN! Nobody with experience should market their talents? Everyone who has skills should be a shut-in and keep it all to themselves, because that's clearly a healthy way to live life... Your question is like asking a painter why they teach painting instead of just selling their artwork. Why would a racecar driver also allow themselves to be hired to do public speaking at corporate events... why not just drive their car and win all of the races. You are just being...

More effort spent to grow revenue via training / book / signals marketed to the raw public rather than growing revenue via trading is a huge red flag.
  • #137
  • Aug 27, 2015 2:53am Aug 27, 2015 2:53am
Quoting Mingary
{quote} More effort spent to grow revenue via training / book / signals marketed to the raw public rather than growing revenue via trading is a huge red flag.
I think in this case it's the only red flag, and it's the only red flag for those of you who perhaps haven't had the opportunity to learn anything from DS. Some of us don't see it as a red flag because we are more aware of things that perhaps some of you aren't privy to. I simply don't remember if you were a member or not. I would have to imagine you never were and thus have no idea about what has been available over the last few years or what DS has wanted to achieve since before the book.

Is it out of character for a person to want to step-up and reach for greater things, and kick-off the coat-tails all of the vermin crawling around the ankles being a nuisance? It really does just seem like the type of unfounded blubbering people sometimes also like to throw around at the likes of James16, all because some people have something of worth and you can't have it.

I'll be waiting to see what actual evidence any of you can produce of any wrongdoing. Tears don't count as evidence. I'm confident that DS will go off and run his fund, have absolutely nothing at all to do with any of you or bother you in any way, and y'all will still find a reason to be salty.

I'm probably done with this line of conversation. The tears prove nothing and are boring, and I have no bone in this at the end of the day... it just annoys me to see adults acting like petulant children. You are all behaving like DS owes you something and he should just sit on FF teaching you all how to not suck at life.

Nope.
Congratulations ScalaFX for coming out of the closet!
  • #138
  • Aug 27, 2015 3:08am Aug 27, 2015 3:08am
Quoting nubcake
{quote} I think in this case it's the only red flag, and it's the only red flag for those of you who perhaps haven't had the opportunity to learn anything from DS. Some of us don't see it as a red flag because we are more aware of things that perhaps some of you aren't privy to. I simply don't remember if you were a member or not. I would have to imagine you never were and thus have no idea about what has been available over the last few years or what DS has wanted to achieve since before the book. Is it out of character for a person to want to...
I can assure you I have nothing to do with this DS person and want nothing from him.
I call it the way I see it because I know it's far easier to sell something to the public rather than to trade successfully and consistently.
It's not a question of wrong doing. It's a question of following the path with the least resistance (i.e. sell trading related stuff, rather than trade - "selling shovels to the gold diggers")
If I were busy trying to run a fund, I certainly would have no time at all to bother with the public.
  • #139
  • Aug 27, 2015 3:24am Aug 27, 2015 3:24am
Quoting Mingary
{quote} I can assure you I have nothing to do with this DS person and want nothing from him. I call it the way I see it because I know it's far easier to sell something to the public rather than to trade successfully and consistently. It's not a question of wrong doing. It's a question of following the path with the least resistance (i.e. sell trading related stuff, rather than trade - "selling shovels to the gold diggers")
Thanks for clarifying how uninformed you are.

Quote
If I were busy trying to run a fund, I certainly would have no time at all to bother with the public.

Isn't that exactly... exactly... what DS is doing by culling? For fuck sake get your argument straight. Why doesn't (insert any known trader) just fuck off to their corner and not interact with the public or sell other products alongside their trading profits? Are you legit? Because DS doesn't want to do just one thing, all alone, then this is a problem for you?

Ever heard of diversifying and having more than just one business interest? Fucking unreal.

Summary: DS does better in a bad year than any of you do in a good year, and on top of that runs a service that has helped turn people into actual traders. His harsh truths about the reality some of you don't want to face hurts your precious ego's, and some of you want something for nothing. The rest of you are uninformed plonkers.

I think that about sums it up. Oh, FF, you keep being you.
Congratulations ScalaFX for coming out of the closet!
  • #140
  • Aug 27, 2015 3:45am Aug 27, 2015 3:45am
Quoting nubcake
{quote} Thanks for clarifying how uninformed you are. {quote} Isn't that exactly... exactly... what DS is doing by culling? For fuck sake get your argument straight. Why doesn't (insert any known trader) just fuck off to their corner and not interact with the public or sell other products alongside their trading profits? Are you legit? Because DS doesn't want to do just one thing, all alone, then this is a problem for you? Ever heard of diversifying and having more than just one business interest? Fucking unreal. Summary: DS does better...
I stay away from anyone who has anything to sell to the trading public.
In effect, what you are saying is extremely unlikely and is the usual marketing spiel.
Nothing new really.
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