Geppy vs. GJscalper - a duel to the death! | Page 32 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #621
  • Jul 20, 2016 6:54am Jul 20, 2016 6:54am
Quoting raiders
{quote} im not trolling you and i have a baby so i get it. but you are over trading right now imo
Not disputing that.

btw, you in Oakland or simply a Raiders fan?
check out my blog: forexmademillionaire dot com
  • #622
  • Jul 20, 2016 6:54am Jul 20, 2016 6:54am
Quoting Geppy
{quote} Very much correct in terms of there being no swing right now. I've admitted I'm trying to force something that's not there, largely due to this little competition. That doesn't, however, mean that "it's over". It's far from over, it's just everyone in the peanut gallery is overly concerned with the day-to-day. Seems I need to just stop replying to all the junk here and just do my thing.
  • #623
  • Jul 20, 2016 6:56am Jul 20, 2016 6:56am
Quoting Fbird
{quote} Well, may be something bad with your TE, but it shows one sell open at 138.98... {image}
Yeah that's strange. It doesn't exist in my account and not at all possible to perform hedging under a US-based account. So a hiccup in the TE I suppose.
check out my blog: forexmademillionaire dot com
  • #624
  • Jul 20, 2016 6:59am Jul 20, 2016 6:59am
Quoting Fbird
{quote} Well, may be something bad with your TE, but it shows one sell open at 138.98... {image}
Bro, Trade explorers tweak like shit all the time...deal with it
  • #625
  • Jul 20, 2016 7:30am Jul 20, 2016 7:30am
Geppy imo your overtrading when it's not your day mate. I would advise you to stop for today and come back tomorrow with a clear mind.
  • #626
  • Jul 20, 2016 7:38am Jul 20, 2016 7:38am
We are not even one week into a 12mth challenge - this is far from over. I don't know who will win eventually, but I think Geppy has yet to show his 'true colors'.
Pretty sure we are going to see some spectacular moves from Geppy at some point.
Right now, GJS is doing his magic and it's awesome to watch!
  • #627
  • Jul 20, 2016 7:40am Jul 20, 2016 7:40am
Most of GBP pairs now seems like going into consolidation. Only GBPAUD and GBPCAD gain ground due to sliding in oil price. This is the least favorite setting to stay in the market cuz technicals and fundamentals are not 'aligned' with each other. You have on one hand downtrend in GBP technically but the employment figures today in UK come out quite positive (of course still not fully reflect the post-Brexit world yet until August) - thus the rally in GBP may be short-lived. And we still have the Retail Sales figures coming out tomorrow.
  • #628
  • Jul 20, 2016 7:44am Jul 20, 2016 7:44am
Quoting Geppy
{quote} Yeah that's strange. It doesn't exist in my account and not at all possible to perform hedging under a US-based account. So a hiccup in the TE I suppose.
I don't like your approach to things but I since it feels horrible watching it unfold I'll say this:

You're getting taunted into doing things that are not really okay for your strategy.
  • #629
  • Jul 20, 2016 7:54am Jul 20, 2016 7:54am
Quoting alexpi
{quote} I don't like your approach to things but I since it feels horrible watching it unfold I'll say this: You're getting taunted into doing things that are not really okay for your strategy.
I would like to see the end of this, and i don't mind to follow this thread for one year.
It is also a testing for both traders, trading in a small quite room will be much more different emotion with this kind of competition / read: a duel to the death! somehow maybe it will affect your trading styles.....

so I support both traders to come out with their own original trading style and trade calmly during the competition .
making money is easy in forex, losing money is even easier...
  • #630
  • Edited 10:27am Jul 20, 2016 7:56am | Edited 10:27am
Quoting Geppy
{quote} Assuming neither account is blown, the winner would be the best performer over a 12-month period.
Assuming both accounts survive, I think the better metric to measure winner is (total return / max drawdown) -- this adjusts the return by risk of trading.. you can also look at sharpe ratio of daily return. this is how inst investors will look at.
Think : Trade : Live Life
  • #631
  • Jul 20, 2016 8:07am Jul 20, 2016 8:07am
Quoting GJscalper
{image} Almost at TP for order NUMBER 3 #KingSosa

@GJscalper,

It appears you know exactly what you are doing. However, as a long-term Trader, I am not sure about the sustainability of this strategy. I consider this method time-consuming and distractive. Having said this, I recognise that trading is personal and a trader will never be successful until he develops a strategy that is best suited for his personality. I wish you all the best!
  • #632
  • Jul 20, 2016 8:18am Jul 20, 2016 8:18am
@Geppy,

This duel is for 365 days. You should stick to your strategy and don't be emotional because of this contest. There is still a long way to go.
  • #633
  • Jul 20, 2016 8:53am Jul 20, 2016 8:53am
@Geppy
Positive Mental Attitude bro. You can do it!
  • #634
  • Edited 9:38am Jul 20, 2016 9:14am | Edited 9:38am
GBP/JPY
-12.6%
-$764
-1768 pips
64 Entries

We have seen so far GBPJPY is the worst pair for Geppy. I think Geppy should delete this pair from his Instrument. Leave that GBPJPY.

And for suggestion : Cut loss that GBP/JPY Sell 138.98 as soon as possible!
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #635
  • Jul 20, 2016 9:18am Jul 20, 2016 9:18am
Quoting Articulate
{quote} @GJscalper, It appears you know exactly what you are doing. However, as a long-term Trader, I am not sure about the sustainability of this strategy. I consider this method time-consuming and distractive. Having said this, I recognise that trading is personal and a trader will never be successful until he develops a strategy that is best suited for his personality. I wish you all the best!

Most, if not all long term traders feel exactly as you do. We tend to have a bias towards our belief, including our trading system. The reality is, trading in the manner which I do, there is no room for bias. You should always end up on the right side of the next leg, and with accurate entries, you will get in at the very start.

I for one don't look at the long term sustainability because that isn't something which will effect my trading in real time. I focus on the now and not what the market can/will do. Swingers and scalpers' brains work totally differently. So although many people are making excuses for Geppy claiming that he is putting to much pressure on himself, the reality is out side pressure should not and doesn't change what your system does.

I am perfectly fine with making 3% a day, as I know that 3% a day will allow my account to grow beautifully no matter the account size or market which is being traded! Besides all the time it has taken me to answer questions, my focus is 1000% on my account and all the comments about my money management is based on peoples own failures.

Look at Geppys trades. He isn't overleveraging at all, yet he is trading during the 3 days which have the lowest range. Yesterday he was able to catch the top, but today he has been trapped at the extreme ends of what is todays range. It is easy to look back and say what a person should or should not have done, but when you are trading in real time as we are, you are trading what you see, and because Geppy is focusing on PROFIT! and not accuracy, this type of drawdown and equity curve is normal! That is why all those gurus who trade the higher tf and make "calls" don't ever post trade explorers because once people see that seesaw equity curve they will more than likely be turned off by it.
@GJscalper I've turned a new leaf. No more trolling.
  • #636
  • Jul 20, 2016 9:19am Jul 20, 2016 9:19am
Quoting MrsTrader
We are not even one week into a 12mth challenge - this is far from over. I don't know who will win eventually, but I think Geppy has yet to show his 'true colors'. Pretty sure we are going to see some spectacular moves from Geppy at some point. Right now, GJS is doing his magic and it's awesome to watch!
Thank you very much!
@GJscalper I've turned a new leaf. No more trolling.
  • #637
  • Jul 20, 2016 9:19am Jul 20, 2016 9:19am
Quoting antonis1681
Geppy imo your overtrading when it's not your day mate. I would advise you to stop for today and come back tomorrow with a clear mind.
There is no such thing as overtrading! That is a term thrown around like "risk" to "justify" a losing position more times than none.
@GJscalper I've turned a new leaf. No more trolling.
  • #638
  • Jul 20, 2016 9:30am Jul 20, 2016 9:30am
Quoting GJscalper
{quote} There is no such thing as overtrading! That is a term thrown around like "risk" to "justify" a losing position more times than none.
I agree with you. I am a scalper myself so i put a lot of trades per day. I just have a different meaning of overtrading and that is when a trader put trades to recover the losing ones without a clear mind.

Good job btw.
  • #639
  • Jul 20, 2016 9:32am Jul 20, 2016 9:32am
Quoting antonis1681
{quote} I agree with you. I am a scalper myself so i put a lot of trades per day. I just have a different meaning of overtrading and that is when a trader put trades to recover the losing ones without a clear mind. Good job btw.
I call that revenage trading. However, Geppys trades are turning Green as we speak, so it looks like he will be able to recover his loss before US market close.
@GJscalper I've turned a new leaf. No more trolling.
  • #640
  • Jul 20, 2016 9:40am Jul 20, 2016 9:40am
Quoting GJscalper
{quote} Look at Geppys trades... That is why all those gurus who trade the higher tf and make "calls" don't ever post trade explorers because once people see that seesaw equity curve they will more than likely be turned off by it.
For what it's worth, my equity curve is not usually this much of a seesaw.

For swing traders, when there's no clear trend it's best to stay out of the market. I've failed to do that this week and what you're seeing is me attempting to build a position in a direction I believe the price is going to run 300-500+ pips.

But the trend is clearly undefined and hasn't gotten going my way. That's what you're seeing... a swing trader that should be patient right now rather than trying to force a swing.

Nobody has to believe me here. But this is week #1 and I plan to prove it over time.

In other news, I just spent the last 3 hours trying to call a baby. He JUST calms down and our puppy decides things are too calm so she has to puke on the floor.

fml.
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