Geppy vs. GJscalper - a duel to the death! | Page 29 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #561
  • Jul 19, 2016 6:37pm Jul 19, 2016 6:37pm
Quoting Geppy
{quote} Assuming neither account is blown, the winner would be the best performer over a 12-month period.
Excellent! One year duration is definitely a true test/challenge. It takes at least 6-12 months of consistency before any sane investor would even consider funding a trader. Anyone who does not have that track record needs to be more cautious about proclaiming themselves a "profitable" trader...
  • #562
  • Jul 19, 2016 8:01pm Jul 19, 2016 8:01pm
You guys are doing a great job, i salute your courage! Trading is a difficult task and to see two guys put so much pressure on themselves by setting up trade explorers and inviting the world to watch is unbelievable. The side-talks, especially very negative comments by some posters is a source of additional pressure.
It's like two (classic) heavyweight champs having a go at each other. One will go down eventually but if both can go the distance i'd consider both winners. I wouldn't want a situation-like in a soccer match-where one is throwing the kitchen sink in order to equalize or get the winning goal at the 90th minute only to get sucker punched by the market.
In the course of 1yr or even 1 month, even a passive observer should be able to gain a thing or two from you two. The poster that was in doubt as to the identity of both traders went ahead to subscribe to boththat way he'll be getting full value for his (money)subscription.
Competition like this should be encouraged here in FF even though, initially, it seemed egoistic and a prick measuring contest, eventually it will lead to mutual respect and admiration if it goes well.
Again, both of you are courageous to say the least.
  • #563
  • Jul 19, 2016 8:06pm Jul 19, 2016 8:06pm
Quoting angelofx
You guys are doing a great job, i salute your courage! Trading is a difficult task and to see two guys put so much pressure on themselves by setting up trade explorers and inviting the world to watch is unbelievable. The side-talks, especially very negative comments by some posters is a source of additional pressure. It's like two (classic) heavyweight champs having a go at each other. One will go down eventually but if both can go the distance i'd consider both winners. I wouldn't want a situation-like in a soccer match-where one is throwing the...
Thanks, angelofx. I think this thread has become slightly more mature in the last 12 hours or so. I'm grateful for that.
check out my blog: forexmademillionaire dot com
  • #564
  • Jul 19, 2016 8:18pm Jul 19, 2016 8:18pm
Quoting benaiah
{quote} Excellent! One year duration is definitely a true test/challenge. It takes at least 6-12 months of consistency before any sane investor would even consider funding a trader. Anyone who does not have that track record needs to be more cautious about proclaiming themselves a "profitable" trader...
There is no such people like sane investor! Soon they both will get their insane investor who throw 10 billion dollar account to trade, and soon after that they will will wipe out all the money.

Hey both of U GJ Scalper and Geppy, keep the good fight!
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #565
  • Jul 19, 2016 8:19pm Jul 19, 2016 8:19pm
Quoting RoelsMajor
{quote} There is no such people like sane investor! Soon they both will get their insane investor who throw 10 billion dollar account to trade, and soon after that they will will wipe out all the money. Hey both of U GJ Scalper and Geppy, keep the good fight!
Thanks, bud.
check out my blog: forexmademillionaire dot com
  • #566
  • Jul 19, 2016 8:26pm Jul 19, 2016 8:26pm
Quoting Geppy
{quote} Thanks, bud.
I see you working with very little sleep since the week started.. Or am I wrong?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #567
  • Jul 19, 2016 8:29pm Jul 19, 2016 8:29pm
Quoting baherhosni
{quote} I see you working with very little sleep since the week started.. Or am I wrong?
Very much correct, but not because of trading.

My wife and I have a newborn son who is doing a fine job of keeping us up at all hours. So definitely around more now than usual because I'm also on paternity leave through the end of this week.
check out my blog: forexmademillionaire dot com
  • #568
  • Jul 19, 2016 8:36pm Jul 19, 2016 8:36pm
Geppy, just interested in how you manage your risk. It seems that your risk per investment is very high. Do you progressively exit your positions? Just curious as you are obviously a successful trader. Thanks
“The most valuable commodity I know of is information”
  • #569
  • Jul 19, 2016 8:42pm Jul 19, 2016 8:42pm
Quoting Geppy
{quote} Very much correct, but not because of trading. My wife and I have a newborn son who is doing a fine job of keeping us up at all hours. So definitely around more now than usual because I'm also on paternity leave through the end of this week.
God bless you all and especially the little trader junior
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #570
  • Jul 19, 2016 8:43pm Jul 19, 2016 8:43pm
Quoting baherhosni
{quote} God bless you all and especially the little trader junior
Much appreciated, thank you!
check out my blog: forexmademillionaire dot com
  • #571
  • Jul 19, 2016 8:50pm Jul 19, 2016 8:50pm
Quoting GJscalper
{quote} Sadly what is crazy to you means 0 to me As I mentioned before, I am a scalper who scalps for accuracy not for profit! Most would be happy to make 5% on a trade even if they give up prior to closing the trade 25% of their account! Your expected R:R REAL R:R and profit is what matters and all three on this trade was excellent. Expected R:R was 1:1 <--- it always is the same because of the fibs. REAL R:R was 1:10 meaning for every 1 pip i entered in red on the open position, I made 10 pips. Profit was 16% Max drawdown in pips on that trade...

I still don't understand what you mean about your REAL r/r how will it become different from your expected 1:1 r/r.... by adding more positions? be more detailed please and use proper english lol
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  • #572
  • Jul 19, 2016 8:56pm Jul 19, 2016 8:56pm
Quoting Geppy
{quote} I think I'm going to bash my head against the wall if I have to tell one more person that I do NOT trade on MT4 and therefore do not have investor passwords.
My apologies ...........

Useful only for those who trade with the MT4 platform.

Masterrmind............
Master your Mind then Master your Trades
  • #573
  • Jul 19, 2016 9:04pm Jul 19, 2016 9:04pm
Quoting Geppy
{quote} Much appreciated, thank you!
Nice turn around in your equity curve too ... now its headed in the right direction.

Masterrmind............
Master your Mind then Master your Trades
  • #574
  • Jul 19, 2016 9:06pm Jul 19, 2016 9:06pm
Quoting Masterrmind
{quote} Nice turn around in your equity curve too ... now its headed in the right direction. Masterrmind............
Thanks, but it's not something I really get wrapped up in on a day-to-day basis.
check out my blog: forexmademillionaire dot com
  • #575
  • Jul 19, 2016 9:11pm Jul 19, 2016 9:11pm
Quoting Geppy
{quote} Thanks, but it's not something I really get wrapped up in on a day-to-day basis.
No you need to concentrate on the longer term goals.

But certainly witnessing such a nice turnaround is very encouraging.

From a spectators point of view I think most of us would like to see a very close battle .... the reality might be different though!

Keep it going still a long way to go.

Masterrmind............
Master your Mind then Master your Trades
  • #576
  • Jul 19, 2016 9:30pm Jul 19, 2016 9:30pm
I think we need a commentator for this match

something like this...

Commentator:

Okayyy NOoobs, boys and girls, ladies and gentlemen, gays and trans...

We're having a close match..., geppy's positions had am20% drawdown but managed to get in profit and closed his positions with 11% profit while he was in drawdown he was hiding in cave spraying and praying at the same time his live trade chart disconnected from ff and when his positions turned into profit, surprising live trades re-appeared kind of reminds me of the live nasa feed when once a ufo appears on screen the nasa live feed gets disconnected due to technical difficulties.

during geppy's emotional distress jscalper has been opening and closing trades with 30% total profit although had a bit of drawdown, due to confusing sell with buy or vise-versa only if he was working for hedgefund he would have been fired immediately.

overall both players managed to close in profits gjscalper is ahead with 19% more profits.

Thank you come again <-- with an indian accent
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  • #577
  • Jul 19, 2016 9:56pm Jul 19, 2016 9:56pm
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  • #578
  • Jul 19, 2016 10:17pm Jul 19, 2016 10:17pm
exciting thread



keep up the duel, hope to see 1000% soon
  • #579
  • Edited 11:25pm Jul 19, 2016 11:05pm | Edited 11:25pm
Quoting forexpert310
{quote} I still don't understand what you mean about your REAL r/r how will it become different from your expected 1:1 r/r.... by adding more positions? be more detailed please and use proper english lol
*Sighs* You have no idea how difficult it is for me to not insult you right now from not knowing what expected R:R vs REAL R:R is. Especially considering the fact that I already explained it. However, since I am here to help, I will explain once more. Get your notepads and please turn off your Pokemon Go as that is distracting you.

Now the EXPECTED r:r is what we see typically on websites when people refer to what their SL in pips is compared to TP in pips. So say a person is about to enter a GBP/JPY short. The R:R (RISK:REWARD) would be The amount of pips you are willing to give the market in DRAWDOWN : The amount of pips you are expecting to profit aka TP) Sl: TP So say your R:R (expected) is 1:1 that means you are risking 200 pips to earn 200 pips. In other words a 1:1 ratio.


Your REAL r:r would be the actual amount of pips you were in red BEFORE you close for profit or a loss. Using the same example above..... Say you short GBP/JPY and you hold for 3 hours. You then close the position for profit. The order actually hit your TP of 200 pips, but the first "R" of the R:R would be The amount of pips you were in red before you closed for profit or loss. So say you shorted, and the most amount of pips you were in red was 6 pips only to end up profiting 200 pips. Your REAL R:R would be 6:200 so if you simplified it (basic division) it would be 1 : 33 In other words... For every 1 pip you were in red AFTER entering the trade you earned 33 pips. That is an INSANE R:R

So clearly the REAL r:r is what matters as it shows the accuracy of your entry.

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Myfxbook shows you the drawdown in pips along with the REAL R:R you see it says 1:12 lol It means thats if I made 12 pips on the trade, the highest amount in pips i was in red after entering was only 1 pip. Basically I got in at the perfect moment for that short. I hope you have a better understanding of the difference between EXPECTED and REAL R:R If you still don't get it, I would suggest you go to babypips and stay there until you understand the difference.
@GJscalper I've turned a new leaf. No more trolling.
  • #580
  • Jul 19, 2016 11:33pm Jul 19, 2016 11:33pm
Quoting raiders
https://youtu.be/6AT_VXvA6AA
hate hate hate hate hate hate hate. I swear that is how I feel about all the people asking stupid questions and having the nerve to critize me when they don't have a TE or even have basic knownledge of what drawdown in pips is. hate hate hate hate hate hate
@GJscalper I've turned a new leaf. No more trolling.
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