Geppy vs. GJscalper - a duel to the death! | Page 13 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #241
  • Jul 18, 2016 12:42am Jul 18, 2016 12:42am
Quoting Masterrmind
{quote} As soon as they mention trading big lots I instantly tune out ......... big lots ... ha ha ha. Relative to what may I ask? Masterrmind............
Here's why I tune out...........

COMMERCIAL TRADING

Big lots is when you start trading yards or half yards!

A yard is a slang term but commonly used in commercial circles.

1 standard lot = 100 000 currency units.
1 yard of currency = 10 000 standard lots (10 000 lots * 100 000 currency units) = $1Billion
Half yard of currency = 5 000 standard lots (5 000 lots * 100 000 currency units) = $500 Million

+++++++++++++++++++++++++++++++++++++++++++++++

RETAIL TRADING

From a retail trading perspective lets suggest what big retail lots might mean.....

Most retail brokers set upper limits on the volume traded per position (but not all retail brokers have limits).

This typically ranges from 100 standard lots to 1 000 standard lots.

So for me personally to classify a retail trader as a large lot trader that individual would need to be trading at least 100 lots minimum per position with several occurrences of position sizes greater than 100 lots.

ps. I wonder if our friend still considers that they are a 'big lot' trader now!

Masterrmind.......... :nerd:
Master your Mind then Master your Trades
  • #242
  • Jul 18, 2016 12:56am Jul 18, 2016 12:56am
Quoting Masterrmind
{quote} Here's why I tune out........... COMMERCIAL TRADING Big lots is when you start trading yards or half yards! A yard is a slang term but commonly used in commercial circles. 1 standard lot = 100 000 currency units. 1 yard of currency = 10 000 standard lots (10 000 lots * 100 000 currency units) = $1Billion Half yard of currency = 5 000 standard lots (5 000 lots * 100 000 currency units) = $500 Million +++++++++++++++++++++++++++++++++++++++++++++++ RETAIL TRADING From a retail trading perspective lets suggest what big retail lots might mean........
I have a better question. I wonder if the "trader" who traders " BIG LOTS" actually does so in a live account. We can see I HAVE BAITED Geppy into loading a TE and it has not faired well for him on the first day. I wonder if ragstoriches would be interested in loading a TE so we can see how BIG his LOTS are. Oh, that would have to be a LIVE account also.
@GJscalper I've turned a new leaf. No more trolling.
  • #243
  • Jul 18, 2016 1:01am Jul 18, 2016 1:01am
Sure would of been nice to have held on to that buy.
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I think we will trade around this Daily pivot point the rest of the season.
@GJscalper I've turned a new leaf. No more trolling.
  • #244
  • Jul 18, 2016 1:15am Jul 18, 2016 1:15am
Quoting GJscalper
{quote} I have a better question. I wonder if the "trader" who traders " BIG LOTS" actually does so in a live account. We can see I HAVE BAITED Geppy into loading a TE and it has not faired well for him on the first day. I wonder if ragstoriches would be interested in loading a TE so we can see how BIG his LOTS are. Oh, that would have to be a LIVE account also.
I look forward to the response!

Masterrmind...........
Master your Mind then Master your Trades
  • #245
  • Jul 18, 2016 1:34am Jul 18, 2016 1:34am
Quoting GJscalper
{quote} I am sorry but how did this thread become about "you"? and what does you trading "big lots in your demo" have to do with what Geppy and I are doing here?
Lol... just have to laugh. Nothing more.

This thread isn't about me, I just made a comment about trading style.

You are a scalper (often scalpers FORCE trades instead of waiting for ideal setups) who trades 0.01 lots so you have no room to try and then have the audacity to disrespect me. I suspect you are a newbie because most new traders scalp. Very few professionals do.

I make calls in real time and win 80% of the time (just review my posts).

Nice $12 profit bro. You already failed this challenge, because you didn't deposit $5000.
Be hopeful in a winning position, and fearful in a losing position.
  • #246
  • Jul 18, 2016 1:42am Jul 18, 2016 1:42am
Quoting Masterrmind
{quote} Here's why I tune out........... COMMERCIAL TRADING Big lots is when you start trading yards or half yards! A yard is a slang term but commonly used in commercial circles. 1 standard lot = 100 000 currency units. 1 yard of currency = 10 000 standard lots (10 000 lots * 100 000 currency units) = $1Billion Half yard of currency = 5 000 standard lots (5 000 lots * 100 000 currency units) = $500 Million +++++++++++++++++++++++++++++++++++++++++++++++ RETAIL TRADING From a retail trading perspective lets suggest what big retail lots might mean........
Exactly. I am a retail trader. Trading 10-100 lots (typical range) by no means makes me a big trader if you consider how big some of these guys really are.

I just said I am one of the biggest on FF.

I hope to 1 day trade 1000+ lots but it's a long way off. I wouldn't even consider it without $15-20 mil
Be hopeful in a winning position, and fearful in a losing position.
  • #247
  • Jul 18, 2016 1:46am Jul 18, 2016 1:46am
Quoting Rag2RichesFX
{quote} Lol... just have to laugh. Nothing more. This thread isn't about me, I just made a comment about trading style. You are a scalper (often scalpers FORCE trades instead of waiting for ideal setups) who trades 0.01 lots so you have no room to try and then have the audacity to disrespect me. I suspect you are a newbie because most new traders scalp. Very few professionals do. I make calls in real time and win 80% of the time (just review my posts). Nice $12 profit bro. You already failed this challenge, because you didn't deposit $5000.
Agree with your other lines but not with the last line cause there is nothing failure in this under $5000 deposit, cause his opponent accepted. So it is only with them not to us. And also if he can generate profit with the scalping then who cares? He can be next professional scalper, who knows?
Nobody Knows the Next move!!
  • #248
  • Jul 18, 2016 1:46am Jul 18, 2016 1:46am
Very good this topic, I will follow here. Good luck for both.
Together we can be strongest
Vantage Return This Month: na
  • #249
  • Jul 18, 2016 2:04am Jul 18, 2016 2:04am
Quoting Rag2RichesFX
{quote} Exactly. I am a retail trader. Trading 10-100 lots (typical range) by no means makes me a big trader if you consider how big some of these guys really are. I just said I am one of the biggest on FF. I hope to 1 day trade 1000+ lots but it's a long way off. I wouldn't even consider it without $15-20 mil
You are trading 10-100 lots on a demo trading account?
  • #250
  • Jul 18, 2016 2:11am Jul 18, 2016 2:11am
Quoting Rag2RichesFX
{quote} Lol... just have to laugh. Nothing more. This thread isn't about me, I just made a comment about trading style. You are a scalper (often scalpers FORCE trades instead of waiting for ideal setups) who trades 0.01 lots so you have no room to try and then have the audacity to disrespect me. I suspect you are a newbie because most new traders scalp. Very few professionals do. I make calls in real time and win 80% of the time (just review my posts). Nice $12 profit bro. You already failed this challenge, because you didn't deposit $5000.
Ok Geppy JR. what ever you say. This thread isn't about you, nor is this thread about dollar amount. As a scalper, no matter the account size, based on something called money management ( which you clearly don't follow as you make DEMO CALLS) any account following my recommendations would earn the same amount PERCENT change no matter if it is a 600usd account ot 60,000usd account. It would appear the noob would be you and for its worth unless you load a TE you know have a new nick name and that is called Geppy Jr. Oh wait.... At least Geppy has uploaded a TE and it is live. He as evolved from making "LIVE CALLS" to now showing the world how horrible his system/guessing is. Feel free to do the same, or go to what ever thread you came from as we are trading REAL money here.
@GJscalper I've turned a new leaf. No more trolling.
  • #251
  • Jul 18, 2016 2:11am Jul 18, 2016 2:11am
Quoting Tim_isoara
{quote} You are trading 10-100 lots on a demo trading account?
Not only is it demo, but he is still waiting for his broker to process his withdraw from that same demo account.
@GJscalper I've turned a new leaf. No more trolling.
  • #252
  • Jul 18, 2016 2:16am Jul 18, 2016 2:16am
11% profit so far, with less than 1% drawdown. I think I should stop here and let Geppy catch up! What do you think? Oh and for those of you who just started trading yesterday, Money managment is the key to this all. If a person opens a PAMM for 500usd and an investor deposits 20k... Should the master account earn 5% than the 20k will grow 5% as well! Don't let these "gurus" tell you that "The larger the account, you will trade it differently!" As if that is the case, then you aren't sticking to the same money managment, because everyone and their grandmother says "Professionals never risk more than 2%" so if a professional who trade with 1 zillion dollars trades with 2% and you with your little 20k usd account also trades using 2% money managment, then why should it be any different if the account is 19,999usd or 99usd.
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@GJscalper I've turned a new leaf. No more trolling.
  • #254
  • Jul 18, 2016 2:19am Jul 18, 2016 2:19am
take profit is +100 pips
  • #255
  • Jul 18, 2016 2:20am Jul 18, 2016 2:20am
Geppy got a nice close on those GJ sells because the price just spiked up passed 140.137

You can see I was on the right side of this last leg up.

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@GJscalper I've turned a new leaf. No more trolling.
  • #256
  • Jul 18, 2016 2:22am Jul 18, 2016 2:22am
do not sell GJ till 142.xxx again
  • #257
  • Jul 18, 2016 2:22am Jul 18, 2016 2:22am
Where in the world are all the "Geppsters"? All the pom pom cheerleaders of Geppy?

A pic of the "Geppsters" on the left and a pick of Geppy kissing his donated 5k account good bye, along with his pretend child on the right!

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@GJscalper I've turned a new leaf. No more trolling.
  • #258
  • Jul 18, 2016 2:23am Jul 18, 2016 2:23am
Quoting GJscalper
Geppy got a nice close on those GJ sells because the price just spiked up passed 140.137 You can see I was on the right side of this last leg up. {image}
I may be completely wrong but I would not be surprised if most people lose (95% apparently according to the figures) because they are all told to trade on the higher timeframes and that the lower ones are too risky
Success means going from failure to failure without loss of enthusiasm
  • #259
  • Jul 18, 2016 2:23am Jul 18, 2016 2:23am
Quoting GJscalper
11% profit so far, with less than 1% drawdown. I think I should stop here and let Geppy catch up! What do you think? Oh and for those of you who just started trading yesterday, Money managment is the key to this all. If a person opens a PAMM for 500usd and an investor deposits 20k... Should the master account earn 5% than the 20k will grow 5% as well! Don't let these "gurus" tell you that "The larger the account, you will trade it differently!" As if that is the case, then you aren't sticking to the same money managment, because everyone and...
GJscalper, what you said here leads me to believe that you overestimate yourself. Relax a bit, not everyone around is a jackass like Geppy

I wish you to grow an account to 15-20k euro and you will see how irrational you become even with that small amount (financial markets wise of course, many people can live for a whole year with that amount of money).
  • #260
  • Jul 18, 2016 2:25am Jul 18, 2016 2:25am
Quoting alexpi
{quote} GJscalper, what you said here leads me to believe that you overestimate yourself. Relax a bit, not everyone around is a jackass like Geppy I wish you to grow an account to 15-20k euro and you will see how irrational you become even with that small amount (financial markets wise of course, many people can live for a whole year with that amount of money).
You seem to know how a person will trade without knowing the person at all. Yet, I guess it is only right that you place these expectations on me because YOU have failed yourself!
@GJscalper I've turned a new leaf. No more trolling.
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