Geppy vs. GJscalper - a duel to the death! | Page 140 | Forex Factory

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Geppy vs. GJscalper - a duel to the death!

  • #2,781
  • Aug 6, 2016 8:36pm Aug 6, 2016 8:36pm
Quoting Wigglesworth
By the way. I agree with you 1,000% on the USDCAD. If it breaks out of the weekly resistance, it's got about 1,500 pips of clear sailing to the next major resistance level! But for the purpose of this thread, we'll just keep that our secret!! Cheers!! {image}
check out my blog: forexmademillionaire dot com
  • #2,782
  • Edited 11:54pm Aug 6, 2016 11:29pm | Edited 11:54pm
Edit: screw all this lol
  • #2,783
  • Edited 11:51pm Aug 6, 2016 11:37pm | Edited 11:51pm
Quoting Geppy
{quote} And this cracked me up btw. Not sure if it was meant to be a joke or not. You must be KILLING it to be able to afford such a high-end bottle!

You do know there is cheaper paint stripper out there? Its good shit by the looks of it.
Attached Image
  • #2,784
  • Aug 7, 2016 1:21am Aug 7, 2016 1:21am
This is what I posted on GJScalpers page, I don't think it's offensive but clearly hit a nerve, now he's ignoring me....I'm devastated....

GJ this is what your account should look like making 3% a day....as you can see would be a great return if you could maintain it but what happens is your own mind and life sometimes gets in the way....
$5000.00 starting capital risking 3% = $150.00
Making 3% a day:
After First month = $270.91 Return of 180%
After Second month = $489.29 Return of 385%
After Third month =$883.66 Return of 589%
This is allowing 20 days a month to trade....

When I say "your own mind and life gets in the way" I'm referring to every single trader...
Don't Leave Money on the Table
  • #2,785
  • Aug 7, 2016 1:49am Aug 7, 2016 1:49am
Quoting Wigglesworth
By the way. I agree with you 1,000% on the USDCAD. If it breaks out of the weekly resistance, it's got about 1,500 pips of clear sailing to the next major resistance level! But for the purpose of this thread, we'll just keep that our secret!! Cheers!! {image}
I make next big resistance it about 1.3357 on my chart.. Anyway it would be nice to see it even higher

Attached Image (click to enlarge)
Click to Enlarge Name: ae848669ce89441196c1f67cede90fb1.png Size: 37 KB
  • #2,786
  • Aug 7, 2016 2:06am Aug 7, 2016 2:06am
Quoting HaLBot
This is what I posted on GJScalpers page, I don't think it's offensive but clearly hit a nerve, now he's ignoring me....I'm devastated.... GJ this is what your account should look like making 3% a day....as you can see would be a great return if you could maintain it but what happens is your own mind and life sometimes gets in the way.... $5000.00 starting capital risking 3% = $150.00 Making 3% a day: After First month = $270.91 Return of 180% After Second month = $489.29 Return of 385% After Third month =$883.66 Return of 589% This is allowing...
well done , join the banned club. I can spot scammers very quickly. Some say I may be too harsh and angry towards them but they are filth, scum of the earth . I have heard of people blowing all their money. The practice needs to be stamped out of our humble community. We must be very weary of new comers to our community , ones who make slogan promises like 3% day , running aggressive martingale sequences with little losses until the big one ( newbie gotcha ya) . I believe that was what Geppy intended, unfortunately some have been poisoned into believing his system works . I have pity for you.
  • #2,787
  • Aug 7, 2016 2:06am Aug 7, 2016 2:06am
Quoting Masterrmind
{quote} Very good post! I can't wait for Geppy's response. Masterrmind.............

Neither do i,but obviously we are gonna wait for a long time.
  • #2,788
  • Aug 7, 2016 2:14am Aug 7, 2016 2:14am
as a leecher, i have been following this thread right from the beginning and believe me, this thread was a spectacular show full of entertainment. its sad though, that there is so much of negativity (trolling etc.) around. the world is a much more beautiful place than that!
  • #2,789
  • Aug 7, 2016 2:23am Aug 7, 2016 2:23am
Quoting Pip-Miner
{quote} well done , join the banned club. I can spot scammers very quickly. Some say I may be too harsh and angry towards them but they are filth, scum of the earth . I have heard of people blowing all their money. The practice needs to be stamped out of our humble community. We must be very weary of new comers to our community , ones who make slogan promises like 3% day , running aggressive martingale sequences with little losses until the big one ( newbie gotcha ya) . I believe that was what Geppy intended, unfortunately some have been...
Don't Leave Money on the Table
  • #2,790
  • Aug 7, 2016 3:13am Aug 7, 2016 3:13am
Quoting fxnow
{quote} Neither do i,but obviously we are gonna wait for a long time.
I won't be waiting around ... nothing here to prove either way.

What the newbies (and some others) fail to realize is that a big part of success is in the ability and experience of the trader NOT the actual system.

The discretionary component.

Good trading,

Masterrmind...........
Master your Mind then Master your Trades
  • #2,791
  • Aug 7, 2016 3:23am Aug 7, 2016 3:23am
Quoting Masterrmind
{quote} I won't be waiting around ... nothing here to prove either way. What the newbies (and some others) fail to realize is that a big part of success is in the ability and experience of the trader NOT the actual system. The discretionary component. Good trading, Masterrmind...........
^^This
Pretty much any system can be profitable in the right hands. The success is often found in determining which trades to not take. Which signals to ignore. That is why the majority of EAs require manual intervention to be profitable.
  • #2,792
  • Aug 7, 2016 3:40am Aug 7, 2016 3:40am
Quoting hollowhead
{quote} ^^This Pretty much any system can be profitable in the right hands. The success is often found in determining which trades to not take. Which signals to ignore. That is why the majority of EAs require manual intervention to be profitable.
Trader always has the final say!

Not only which trades NOT to take but how best to manage them ... (cut them now ... let them run a little more ... etc).

Completely agree about the EA intervention .... exactly what I do in my little system.

Masterrmind...........
Master your Mind then Master your Trades
  • #2,793
  • Aug 7, 2016 4:43am Aug 7, 2016 4:43am
This thread was intended to be focused on a duel between Geppy and GJS.
Now GJS has gone MIA from this thread, but there's a whole bunch of people who have a lot to say about Geppy (and his trading) and wants to challenge him.
And wanting him to prove that he has made X dollars from trading?
This is so bizarre!!

If GJS is indeed not coming back, I think the only thing left to say is "Congrats Geppy! You won - fair and square!!".
  • #2,794
  • Aug 7, 2016 6:38am Aug 7, 2016 6:38am
Quoting Bushi-pips
{quote} So you're the big shot millionaire FX trader who spends countless hours on FF and asks for $1 and $3 "donations" on patreon.com? Am I getting this right? Jesus, you're deranged. But if you are the altruist you claim to be then why don't you just close the patreon endeavor and teach out of the kindness of your heart and love for your fellow traders/followers. After all, you don't need the $600-$700 it brings.

Geppy's answer to your question makes perfect sense, why should he not ask for something for all the work he puts in? There are guys out there asking and getting 10K for this sort of info so subscribing to his site is ridiculously cheap. Which says that Geppy is not in it to make money of his fellow traders but to train them up, help them to become successful.

There is another reason why people need to pay for things and that is a lot of time people can't have what they get given for nothing. But pay for something and it's theirs, they own it and use that item or service way more effectively.

For me I play the short game in Forex so I'm not into swing trading as yet, it's gonna take a lot of work mentally to get to a point where I can trade the long game. That'll come with a much better understanding of the Forex Market....
Don't Leave Money on the Table
  • #2,795
  • Aug 7, 2016 6:50am Aug 7, 2016 6:50am
Quoting NaughtyPip
{quote} I make next big resistance it about 1.3357 on my chart.. Anyway it would be nice to see it even higher {image}
Yep agreed that's the next major level. Looks like you are in for some nice pipage. If it hits your TP, are you considering closing a portion of your position and letting the rest ride? Or how would you handle the trade?
  • #2,796
  • Aug 7, 2016 7:09am Aug 7, 2016 7:09am
I have only made a few posts to FF since becoming a member. I feel compelled to put my 2 cents worth in on this thread. I agree with Geppy on this matter that this could go on forever!!! There will always be someone that wants to challenge him as you can see from previous posts. I understand how this challenge began with scalper and I have read every post from the beginning and has been very entertaining.

Whether you agree with the analysis and the input Geppy provides in his website and to FF. I think you will agree he spends a lot of time sharing his analysis and research and I understand the time he would have to spend on another challenge which win loose or draw there is someone ready to also want to challenge him after this one.

Like I said I have enjoyed the very entertaining thread but, FF has always been about education and information and I believe Geppy has tried to do his part in keeping with that idea. JUST MY OPINION AND HAVE NO INTENTION OF RESPONDING TO ANY COMMENTS MADE ABOUT THIS POST.

I do appreciate all the time and effort that members put into FF with their threads, trading systems and trade ideas to try to help this community.

Thanks,
Keith
  • #2,797
  • Aug 7, 2016 7:25am Aug 7, 2016 7:25am
Quoting Wigglesworth
{quote} Yep agreed that's the next major level. Looks like you are in for some nice pipage. If it hits your TP, are you considering closing a portion of your position and letting the rest ride? Or how would you handle the trade?
I'm going to close the lot and actually take a short around that price. Short will only be for a couple hundred pips max. Could still keep going up
  • #2,798
  • Aug 7, 2016 7:56am Aug 7, 2016 7:56am
The problem with the challenge

Emotionally based trading is generally the primary cause for trader failure.

Small example of a system that is only 45% accurate:

Attached Image


As long as you exercise 2% risk and 6% profit on trade with complete discipline of stops both stop loss & take profit:

Non-cumulative return:
Attached Image


Then you will get a rising equity curve:
Attached Image


So far all we have seen is a lack of discipline, high emotions, near catastrophic draw down tolerance and in short a pissing contest.
Ultimately the contest has proven that emotional trading produces unreliable results. I trust that the new kids learn the lesson here and not in their accounts.

JC
  • #2,799
  • Aug 7, 2016 8:51am Aug 7, 2016 8:51am
Quoting JimmyC
The problem with the challenge Emotionally based trading is generally the primary cause for trader failure. Small example of a system that is only 45% accurate: {image} As long as you exercise 2% risk and 6% profit on trade with complete discipline of stops both stop loss & take profit: Non-cumulative return: {image} Then you will get a rising equity curve: {image} So far all we have seen is a lack of discipline, high emotions, near catastrophic draw down tolerance and in short a pissing contest. Ultimately the contest has proven that emotional...
45% accuracy is a good strike rate on 3:1 r:r
  • #2,800
  • Aug 7, 2016 9:00am Aug 7, 2016 9:00am
I'm not on either side, but where is your TE for the duel? You lost and are not man enough to admit it. I find it amusing how you continue to troll geppy and talk about what a bad trader he is, yet he beat you!


Just posted this on GJScalper thread. It is my third time asking where his TE is. For some strange reason, I'm not getting an answer. I mean geez, atleast be man enough to take the loss.
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