Geppy vs. GJscalper - a duel to the death! | Page 7 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #121
  • Jul 16, 2016 11:08pm Jul 16, 2016 11:08pm
Quoting GJscalper
{quote} I will use the 1,055 account if you upload this account.. {image} If not, then use your 5k account, to my 500 usd account. The amount of money isn't what we are looking at here, instead of % growth. Either accept it or move on from it. Clearly you have a hard on to trade against me and you know very well that I will leave you in the dust in a week, so stop delaying and let us "make it do what it do". P.S. I don't want to use that 1055 account for the same reason as why you don't want to use the onda account which i posted above.
I don't really follow your logic here, but whatever... tired of the back and forth.

Go ahead and load a $500 account. But understand that this challenge lasts until someone busts their account or 12 months time expires. Whichever happens first. If you agree to that, let's do it.
check out my blog: forexmademillionaire dot com
  • #122
  • Jul 16, 2016 11:35pm Jul 16, 2016 11:35pm
Btw, I absolutely expect you'll outperform in the short-term. But over time I will pummel you.
check out my blog: forexmademillionaire dot com
  • #123
  • Jul 17, 2016 12:36am Jul 17, 2016 12:36am
This thread is despicable.
  • #124
  • Jul 17, 2016 1:26am Jul 17, 2016 1:26am
Did you say $10? I might have to bitch slap you
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Pride always comes before destruction.... -Proverbs 16:18
  • #125
  • Jul 17, 2016 1:52am Jul 17, 2016 1:52am
Quoting Geppy
{quote} I don't really follow your logic here, but whatever... tired of the back and forth. Go ahead and load a $500 account. But understand that this challenge lasts until someone busts their account or 12 months time expires. Whichever happens first. If you agree to that, let's do it.
Competition is usually a good thing if its done in a fair and proper way.

What I think you both need is a far more comprehensive set of defining rules.

The conditions for failure are far far too vague and a competitor could simply open a 0.01 lot trade and hedge it for almost eternity!

If reality was not such a big issue here why not trade in Round 3 of the XM competition and see who tops the other in 1 months time.

Good luck traders,

Masterrmind..............
Master your Mind then Master your Trades
  • #126
  • Jul 17, 2016 1:57am Jul 17, 2016 1:57am
Interesting now....let's see tommorow
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #127
  • Jul 17, 2016 2:04am Jul 17, 2016 2:04am
Quoting domba
Interesting now....let's see tommorow
Makes you wonder whether or not you should be an observer or ..... ah yes .... a competitor!

Masterrmind............
Master your Mind then Master your Trades
  • #128
  • Jul 17, 2016 2:05am Jul 17, 2016 2:05am
My thoughts are

1 Gj scalper should start with his $500 and Geppy with his $5000

2 The competition should last 4 weeks

3 The trader with the highest percentage return at the end of the 4th week is the winner

4 Strategy and number of trades is no ones business the goal is the account growth

5 No posts about the challenge from the competitors from the start day till the end

6 Any competitor who violates any of the rules has lost

I dont know if it makes sense
  • #129
  • Jul 17, 2016 2:18am Jul 17, 2016 2:18am
Quoting tundeapt
My thoughts are 1 Gj scalper should start with his $500 and Geppy with his $5000 2 The competition should last 4 weeks 3 The trader with the highest percentage return at the end of the 4th week is the winner 4 Strategy and number of trades is no ones business the goal is the account growth 5 No posts about the challenge from the competitors from the start day till the end 6 Any competitor who violates any of the rules has lost I dont know if it makes sense
I'd suggest the following just to start with:

1. Same broker
2. same account type and same balance in identical currency (USD)
3. same server
4. same leverage
5. same start date and time
6. limit maximum DD .... if it is exceeded at any time the breaching competitor fails
7. no additional funds can be added to the competition account or the competitor is disqualified
8. no withdrawals can be made during the competition or the competitor is disqualified
9. 1 month to 3 month time periods is plenty.
10. Trading only the same currency pair ie GJ only

And that's just a starting point ................

Masterrmind..............
Master your Mind then Master your Trades
  • #130
  • Jul 17, 2016 2:38am Jul 17, 2016 2:38am
If this challenge is about who is the better trader, I don't see the point in measuring less than 12 months. Shorter time spans lends itself to just nailing a few obvious set ups with big lots then just plodding along afterwards. Ok sure if that's how one trades then that's ok but as Geppy points out, the key is longevity. Who is the better trader, one who makes large returns on a few high lot trades over a few months only to blow it all within 12 months or one who grows their account consistently (via any strategy, lot size, trading frequency they are accustomed to) and knows how to stay in the game? Whats the point focussing on just GJ? What is it we are measuring here? Who is the best dragon trader?
Come with me if you want to live....
  • #131
  • Jul 17, 2016 2:52am Jul 17, 2016 2:52am
Quoting Ill-b-back
If this challenge is about who is the better trader, I don't see the point in measuring less than 12 months. Shorter time spans lends itself to just nailing a few obvious set ups with big lots then just plodding along afterwards. Ok sure if that's how one trades then that's ok but as Geppy points out, the key is longevity. Who is the better trader, one who makes large returns on a few high lot trades over a few months only to blow it all within 12 months or one who grows their account consistently (via any strategy they are accustomed to) and knows...
Ultimately the traders decide but a compromise between competitors and observers would be ideal since watching 2 traders slug it out for 12 months would be very tiring. Perhaps 3 months is ideal and it should become clear by this stage who is clearly in front. The better trader may not be decided in 12 months either the industry standard is closer to 3 years .... do you want to wait 3 years?
Master your Mind then Master your Trades
  • #132
  • Jul 17, 2016 3:02am Jul 17, 2016 3:02am
Quoting Masterrmind
{quote} Ultimately the traders decide but a compromise between competitors and observers would be ideal since watching 2 traders slug it out for 12 months would be very tiring. Perhaps 3 months is ideal and it should become clear by this stage who is clearly in front. The better trader may not be decided in 12 months either the industry standard is closer to 3 years .... do you want to wait 3 years?
I'm not looking at it from an observers point of view but from the point of view of the challenge itself and what is a credible outcome given the reason for the challenge. In any case, I for one will not be glued to the screen watching these 2 traders as if they were prize fighters in the ring, I have my own trading to do so 12 months would not be an issue for me at least. A check in now and then would be more realistic I think unless an observer really has nothing better to do. I'm not sure building the parameters of the challenge to accommodate the needs of bored/lonely people is necessary if this is to be a credible challenge.
Come with me if you want to live....
  • #133
  • Jul 17, 2016 3:05am Jul 17, 2016 3:05am
Sorry to interrupt....
But I really believed that if you are the best trader you can make your account last for 1 year...
Earning big profits in just few days or weeks does not warranty you to be a good one... majority can all do that, you know the short term high of earning big profits quick and margin call the next...
But to determined who is the best trader one must make their account last at least 1 year...
I suggest to the two fighter, to make it 1 year or even 6 months challenge...
Those who can make his account last the longest is declared winner...
Just my two cents worth of opinion...
  • #134
  • Jul 17, 2016 3:10am Jul 17, 2016 3:10am
Its on baby its on yeahh!! this is what u get when u try to take other's people rice bowl.
  • #135
  • Jul 17, 2016 4:25am Jul 17, 2016 4:25am
Quoting Ill-b-back
{quote} I'm not looking at it from an observers point of view but from the point of view of the challenge itself and what is a credible outcome given the reason for the challenge. In any case, I for one will not be glued to the screen watching these 2 traders as if they were prize fighters in the ring, I have my own trading to do so 12 months would not be an issue for me at least. A check in now and then would be more realistic I think unless an observer really has nothing better to do. I'm not sure building the parameters of the challenge to accommodate...
Do you think Geppy and GJScalper (more so from the Geppy side) want this challenge to be hidden from view?

Hardly!

The purpose of the challenge is to clearly make a spectacle of the winning competitor and also the losing competitor.

Why then would Geppy produce such a thread in the 1st place?

He wants observers!

Masterrmind...........
Master your Mind then Master your Trades
  • #136
  • Jul 17, 2016 4:30am Jul 17, 2016 4:30am
Quoting Liza J
Sorry to interrupt.... But I really believed that if you are the best trader you can make your account last for 1 year... Earning big profits in just few days or weeks does not warranty you to be a good one... majority can all do that, you know the short term high of earning big profits quick and margin call the next... But to determined who is the best trader one must make their account last at least 1 year... I suggest to the two fighter, to make it 1 year or even 6 months challenge... Those who can make his account last the longest is declared...
A 3 year time period is the industry standard to determine the likely longer term trading capacity of an individual.

6 months will not prove a trader better than the other, nor 12 months.

In any event at the end of the day I'll sit back and see what they decide as it is their challenge afterall.

ps. Best of luck to both I say and hopefully they'll link it to myfxbook as well as a TE.

Masterrmind...........
Master your Mind then Master your Trades
  • #137
  • Jul 17, 2016 4:32am Jul 17, 2016 4:32am
Quoting footimy
Its on baby its on yeahh!! this is what u get when u try to take other's people rice bowl.
I like this post alot!

Masterrmind............
Master your Mind then Master your Trades
  • #138
  • Jul 17, 2016 4:38am Jul 17, 2016 4:38am
lol, a distraction;
but I am checking in often
  • #139
  • Jul 17, 2016 4:40am Jul 17, 2016 4:40am
Quoting srt
{quote} I have no proof either way & never used a TE so just based my comment on what I've seen previously from more "experienced" traders. I'll stick with my "guess". GJ scalper can give the correct answer.
No need to guess when you have been told the way it is, hundreds (maybe thousands) of traders in here have trade explorers private and public. If you hover over the information icon next to the balance it says " Balance is the total value of the brokerage account, ignoring open trades" it has nothing to do with the type of account.
Success means going from failure to failure without loss of enthusiasm
  • #140
  • Jul 17, 2016 4:51am Jul 17, 2016 4:51am
I don't really see the point of such challenges or contests to determine who is a "better" trader.

"Better" could be defined in terms of so many different aspects of trading. There can be objective criteria, like Sharpe Ratio, Profit Ratio, Max DD, ROI over whatever period, % of Gain, Win/Lose ratio, each weighing the contenders in a different light. But which one of these is more important? Opinions can differ widely. Is a high risk-taker with higher gains a "better" trader than a low-risk plodder? Someone with 5% DD is not necessarily a "better" or "worse" trader than the one with 15% DD but with higher returns.

And the criteria of 1 year survival also doesn't prove anything. Many excellent traders have busted accounts at one time or another during their careers. Were they able to conquer their own shortcomings and persevered to eventually fulfill their true potential, is all that counts, I think.

Swing Trading and scalping are two very different styles of trading. It's like comparing (to take an example from the game of cricket) a pace bowler with a leg spinner and judging who is better. Or comparing a poet with a writer. Both may be equally good in their own craft.

As the trading world is probably full of macho men who need to display their own imagined superiority to everyone who is willing to listen and applaud, you see much more bickering in trading forums than on popular forums on other subjects. Sure, there will be interested spectators who will enjoy the show (if there is a real interesting show over the next few months, which I doubt) but I am sure among the onlookers there will be very few serious, professional traders who will be too busy trading their own accounts to care about such challenges.

I am sorry if I offended anyone here. I don't intend to. A better option would have been a private friendly contest, which wouldn't really humiliate anyone publicly.
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