Geppy vs. GJscalper - a duel to the death! | Page 49 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #961
  • Edited 7:38am Jul 22, 2016 6:33am | Edited 7:38am
This dynamic market is challenging enough so why engage in a duel battle to the death. Both of you are knowledgeable and I assume trading is your business/career so treat it as such. I haven't seen Chick Fil A and mcdonalds in a head-on battle that can easily, negatively influence the quality of their productions not to mention kill them.
Frankly , I think competitions should be left for gamblers and not traders.

God bless!!
  • #962
  • Jul 22, 2016 6:34am Jul 22, 2016 6:34am
Goodness me, it was no virus, he didn't fall asleep, he's not got distracted by pretty ladies and his computer didn't just switch off randomly and not turn back on.

His whole style was PURE gambling - Geppy is the first to admit his trading has been poor and misjudged this week too - but GJ went on a lucky run due to favourable market conditions, when they turned he got burned, he didn't have a stop, he didn't manage the trade properly, he didn't follow obvious risk rules and he didn't cut his loss as soon as it turned against him. How can half not see it was gambling and not trading. The reason I'm vocal about this is he was giving the impression he was this superstar trader and gained many followers quickly, some were most probably newbies and would have been taken in by his words of wisdom and would have attempted to copy his style, this is the bad side of forums like this. Anyway, lets hope he can recover it and lets hope Geppy can do the same as the premise of this thread is good as long as people open their eyes and don't blindly follow or take GJs advice on 'scalping'. I predominately scalp and what he was doing WASN'T scalping.
  • #963
  • Jul 22, 2016 6:48am Jul 22, 2016 6:48am
Quoting fxtrader18
Goodness me, it was no virus, he didn't fall asleep, he's not got distracted by pretty ladies and his computer didn't just switch off randomly and not turn back on. His whole style was PURE gambling - Geppy is the first to admit his trading has been poor and misjudged this week too - but GJ went on a lucky run due to favourable market conditions, when they turned he got burned, he didn't have a stop, he didn't manage the trade properly, he didn't follow obvious risk rules and he didn't cut his loss as soon as it turned against him. How can half...
And one or two more thing fellow FF Traders, Just becoz "We don't load Our TE" or "posting some fake falsified Adobe photoshop screenshots pictures", We don't have wisdom at all. Humble is the most difficult thing to Do for mostly Intelligent people.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #964
  • Jul 22, 2016 6:48am Jul 22, 2016 6:48am
Why is everyone so quick to judge GJScalper without having heard any word from him? He lives in a country where the power goes out frequently which would affect his EA, his computer has had a virus, and the trade was out of sync with his previous trades. The guy doubled his account in under a week. How many people have done that? Geppy has lost 20% in under a week and has the nerve to say anything against GJScalper. His system is no better (yet). I'm not for either guy but I see the judgmental statements here. Let's let GJScalper explain before we rush to judgment. He still has money, the duel is not over.
  • #965
  • Jul 22, 2016 6:53am Jul 22, 2016 6:53am
Guys.. I dont think this situation will arise.. but what are the rules or how the winner will be decided if both blows the account .. Looks like we are heading towards it
  • #966
  • Jul 22, 2016 6:55am Jul 22, 2016 6:55am
Lets see what the guy has to say for himself, he should at least be allowed that....
Look Sharp/Trade Tight
  • #967
  • Jul 22, 2016 6:59am Jul 22, 2016 6:59am
Te tittle says "Geppy vs. GJscalper - a duel to the death!" not "Geppy vs. GJscalper - a duel to the profit!

Is anybody here not understand? Both of the participant in the right direction.
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #968
  • Jul 22, 2016 7:01am Jul 22, 2016 7:01am
with respect to both traders i think this just goes to show how much one must stick to their trading plan. whatever it might be. both scalping and swing trading can be equally rewarding if done properly.

Geppy deviated from his plan and it shows in his trading (96 trades in 1 week is not the way for a swing trader). im sure he will be the 1st to attest to that. if he would have kept his 1st positions he would be at BE at the worst today and as of right now he would be up, if of course he didnt take profits up at the 140s and wait for the trend to come to him again. less is more and pinpointing the entrance and timing is important ESPECIALLY with the dragon. They dont call it the widow maker because its forgiving.

GJ did the exact same thing but within his own plan. I dont believe the position was the issue but rather his deviation from his plan in not cutting the loss asap(unless of course the his sl was extra wide which judging by his other trades i doubt it). if he nails that position hes sitting extra pretty and he could have afforded a slight hit to the account because of the equity he had built up. good risk imo if the trade was there which i have no reason to believe it wasnt after seeing him work throughout the week.

exciting thread though that made for good reading for the week. i hope you guys keep it running as long as possible. hopefully next week you guys can get back on track
  • #969
  • Jul 22, 2016 7:01am Jul 22, 2016 7:01am
As the saying goes the fight is not won until its done.
  • #970
  • Jul 22, 2016 7:15am Jul 22, 2016 7:15am
Quoting atheer1
{quote} the idea as a whole is not healthy to risk more and more to gain less...............that is gambling not trading
I respect your opinion on martingale and yes it's been used by lots of gamblers and yes it's dangerous if not treated right but there is more than one way to make money out of forex.

If lets say my account is 10K in the bank available for trading i will put 500USD in the broker and using martingale i will try to triple that in usually 2 weeks. Then i withdraw the money and start over. Even if i blow up the account twice or more in a year i will be losing 500$ each time while i have already withdrew way more than that. I do increase the starting amount every month to 5% of the capital i have in the bank, hence i do compounding as well. And what many people criticise me about is that i do that on 60sec options. So if something is working for me it doesn't mean that it will work for other traders. Gjscalper didn't take a hit because of martingale but because he let for his own reasons a losing position run for many pips. His MM is aggressive and i do believe that he is going to recover from the loss and put his account to green once again.
  • #971
  • Jul 22, 2016 7:20am Jul 22, 2016 7:20am
Quoting coralsands
Why is everyone so quick to judge GJScalper without having heard any word from him? He lives in a country where the power goes out frequently which would affect his EA, his computer has had a virus, and the trade was out of sync with his previous trades. The guy doubled his account in under a week. How many people have done that? Geppy has lost 20% in under a week and has the nerve to say anything against GJScalper. His system is no better (yet). I'm not for either guy but I see the judgmental statements here. Let's let GJScalper explain before...
I think people are quick to judge because that's the purpose of the thread. A competition is a judgement. If GJ relies on a bot to manage his trades, then that should be done via a stable VPS. To rely on a bot when you don't have stable electricity is not smart. He may have got his lot size wrong - we've all done that.

Reality is, GJ hasn't doubled his account in a week. He has lost 70% in a week. What it was yesterday is meaningless in this business. What it is today, is everything. Can he recover? Of course. I really hope he does and we see a great battle.
  • #972
  • Jul 22, 2016 7:22am Jul 22, 2016 7:22am
Quoting raiders
with respect to both traders i think this just goes to show how much one must stick to their trading plan. whatever it might be. both scalping and swing trading can be equally rewarding if done properly. Geppy deviated from his plan and it shows in his trading (96 trades in 1 week is not the way for a swing trader). im sure he will be the 1st to attest to that. if he would have kept his 1st positions he would be at BE at the worst today and as of right now he would be up, if of course he didnt take profits up at the 140s and wait for the trend to...
With all due respect, 96 trades does not mean you're not swing trading. Swing trading is not defined by the number of entries - it's more about when you take profit. Geppy's style may well be that he averages in with a lot of trades, but refers to them as one position. This is not uncommon.
  • #973
  • Jul 22, 2016 7:25am Jul 22, 2016 7:25am
hey gj
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  • #974
  • Jul 22, 2016 7:29am Jul 22, 2016 7:29am
I am really keen to hear what GJS has to say.

So many here are so quick to condemn him - MAYBE he IS a gambler like what some of you said.
But if we look at facts (within this duel) i.e all his trades (including his lot sizes, SLs, TPs), it is not unreasonable to say that the very last trade looked super weird/suspicious/off. It was not the 'style' that he was displaying this week at all (I do not know about his previous/other accounts). So we should just hear him out then make a judgment.
  • #975
  • Jul 22, 2016 7:35am Jul 22, 2016 7:35am
Quoting MrsTrader
I am really keen to hear what GJS has to say. So many here are so quick to condemn him - MAYBE he IS a gambler like what some of you said. But if we look at facts (within this duel) i.e all his trades (including his lot sizes, SLs, TPs), it is not unreasonable to say that the very last trade looked super weird/suspicious/off. It was not the 'style' that he was displaying this week at all (I do not know about his previous/other accounts). So we should just hear him out then make a judgment.
don't fool yourself this is noob stuff
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but i still respect him because he ain't making a living on pro trolling.
  • #976
  • Jul 22, 2016 7:36am Jul 22, 2016 7:36am
Quoting MrsTrader
I am really keen to hear what GJS has to say. So many here are so quick to condemn him - MAYBE he IS a gambler like what some of you said. But if we look at facts (within this duel) i.e all his trades (including his lot sizes, SLs, TPs), it is not unreasonable to say that the very last trade looked super weird/suspicious/off. It was not the 'style' that he was displaying this week at all (I do not know about his previous/other accounts). So we should just hear him out then make a judgment.
It does sit within his trading style and he has done a similar trade this week as highlighted in the photo. This big losing trade, from the outside looking in, looks like it was a trade that got away, wasn't closed in the 'hope' it would come back in favour and ran away. His trading this week had been very good entry/exit wise but the risk taken on the trades was very much that of a gambler and not one of a trader.

Kudos to both Geppy and GJ for taking the challenge and trading it so publicly this week.
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  • #977
  • Jul 22, 2016 7:40am Jul 22, 2016 7:40am
Quoting hollowhead
{quote} With all due respect, 96 trades does not mean you're not swing trading. Swing trading is not defined by the number of entries - it's more about when you take profit. Geppy's style may well be that he averages in with a lot of trades, but refers to them as one position. This is not uncommon.
with all due respect thats some retarded shit you just regurgitated. he was jumping from one side to the next all week.... all there there in the TE. definitely not swing trading especially not on the 4hr(which he has said he uses) which had at most 2 entrances for a long position all week. and even if he averaged in it should probably be half that amount at worst. but your entitled to your opinion i guess....good luck to you
  • #978
  • Jul 22, 2016 7:47am Jul 22, 2016 7:47am
Quoting hollowhead
{quote} I think people are quick to judge because that's the purpose of the thread. A competition is a judgement. If GJ relies on a bot to manage his trades, then that should be done via a stable VPS. To rely on a bot when you don't have stable electricity is not smart. He may have got his lot size wrong - we've all done that. Reality is, GJ hasn't doubled his account in a week. He has lost 70% in a week. What it was yesterday is meaningless in this business. What it is today, is everything. Can he recover? Of course. I really hope he does and we...
I was talking about why are people quick to judge what happened to GJS during his recent trade, not referring to the overall competition. Of course we will judge the winner and the loser - at the end of the competition. Reality is, he did double the lot size ...and then something happened of which we are waiting to hear. Let's just wait and see...how hard is that? Perhaps he did gamble away his winnings... and then we can call into question his judgment. Otherwise it's better to hold off on our judgment.
  • #979
  • Jul 22, 2016 7:49am Jul 22, 2016 7:49am
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  • #980
  • Jul 22, 2016 7:56am Jul 22, 2016 7:56am
Quoting fxtrader18
{quote} It does sit within his trading style and he has done a similar trade this week as highlighted in the photo. This big losing trade, from the outside looking in, looks like it was a trade that got away, wasn't closed in the 'hope' it would come back in favour and ran away. His trading this week had been very good entry/exit wise but the risk taken on the trades was very much that of a gambler and not one of a trader. Kudos to both Geppy and GJ for taking the challenge and trading it so publicly this week. {image}
Thanks for pointing out. Until your screenshot, I did not realize that on 19 July he traded at 1 lot. That seems too big of a lot size for his equity - in my opinion. Or maybe because I am super conservative (and yes, noob too).

Okay I am just going to keep quiet now. I am here to learn - should keep my mouth shut. Because I seem to keep making comments that everyone can find fault with. Haha.
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