Some help would be appreciated

No, that 53% is for 21 months, I usually say 25% a year to be a little on the conservative side. The other one is around 10 to 12% per year. These programs were intended to compete favorably with dividend stocks or annuities favored by retirees. So my market is those who want to quit working and do something else, not professional traders. However, I do see the wisdom in diversifying, I do it myself.

Only, may I ask that you go to Mary's website for prices and such? I love to teach or sit and talk theory til the cows come home but for some reason, business and I don't get along, it tries to kill me. Check out TheSafeInvestor.com
You can download the programs there and try them out for yourself.
Thanks, I appreciate it.

Bob

ForexAssistant posted:
'That system you have there..why isnt it Verified? '

No particular reason, it just wasn't important to me. I do research so I go through a lot of accounts. Most things don't work. Verification just means that myfxbook sends you a pending order, you put it in to your mt4 and it shows up on your myfxbook ledger. If anyone buys a program or doesn't even look at a program because of that, they deserve what they get. I will say again, if you don't know how something works, don't use it. Robots that don't tell you how they work are called a black box. If you know how the system works, you don't need some arbitrary confirmation that you are responsible for the trades.

Instead we recommend anyone who may be interested in one of our robots, to down-load it and use it on a demo account until you feel you want to try it on a real account. No one needs me to confirm anything because you can do it yourself.

But I think there is more to this, when Rihan wrote, ' if it can't be verified I can't be bothered to add it to my watch list ', I take that as terribly arrogant and since I am only selling 5000 of these units, I really don't care if Rihan is among those 5,000 or not. There are 7 billion people in this world and there are a lot of them that do want my help.


Bob

You are absolutely right. This is not the place to sell. And it is just my way of filtering the good ones from the bad by seeing if it is verified or not. If you can't take the time to verify, I cant take the time/interest to watch. But good for you, I hope you sell your 5000 units.

I am unsubscribing from this thread as I feel I have made my point. If you feel that it is still necessary to defend your unverified account, I don't want to be part of it.

I will leave you with this bit of advice - your advertising would carry much more weight if you had a couple of real (even cent $5) verified accounts which deals with real price feed/slippage/spread. You can either take this as advice from a potential customer, or as criticism and defend it. I really don't care. I am outta here.

No this is too silly of a thing to go getting miffed about, which one did you want me to verify?

you are risking too much if you lose 30% so quickly. Probably not using well defined stop loss? There you go, your reason for losing so much. Regardless of what anyone tells you, if you don't define where you get out clearly, you are always always going to fail in the long run.

risk < 1% per trade. If you make it for 6 months and earn consistently, can consider raising to 1.5%, and then max 2%.

This is a wonderful example of the BullShit that you find on this forum. They make a big deal about something stupid like verification then when I ask which one do you want verified, now there is only silence. I called them on their bullshit so they come back with some other lame bullshit. I address that then there will be something else. None of these so called traders are interested in something new that works, they are only interested in being right so they can sell their whatever.

So lets take a look at the latest BS. 'risk < 1% per trade. If you make it for 6 months and earn consistently, can consider raising to 1.5%, and then max 2%.'.

What shellsnail is saying is put 50 time more in your account than you need to trade. If you only risk 1% then 99% of your account is wasted, doing nothing for you, just plain stupid. But that is the type of BullShit that one gets from listening to the general advice you get on this forum. First they have to be really egotistical to assume that the way they trade is the only way to trade. Any different type of trading would have different rules. So to make some generality, especially about someone who has been around at least as long as the writer, about something they could not possibly understand unless I taught them (I developed the systems used by the robots) is extremely brazen.

Over the last 8 years doing this research the number one difficulty that I had to face is stupidity from technical traders. It is to the level that many many good traders have said that they don't need to put up with these egotistical morons and have left. This leaves me stuck with no one with a brain to talk with. Of course there are some real theorist left, CrazyTrader and Vontgr stand out as intelligent and looking to improve on their performance. They do not trade as I do but they are like me in that they don't go looking to climb over someone else, just for what works.

Regrettably, I am going to have to do to them what HolyCow and Silverthorn has done to me, leave and let these ego junkies figure out for themselves that they were not as smart as they thought they were.

Calculated max draw is set for 50% we have half of our account setting idle as protection against some unforeseen event, not 98%, just half. In two years the worst that we have seen is 41% draw-down. Remember it is not a profit or a loss until the trade is closed therefore the statement
'you are risking too much if you lose 30% so quickl',
doesn't apply because we never lost 30%, we never lose at all. And that is what has them upset and challenging me. They lose, I don't.

The real loser in this is the new traders that could have used a good teacher. Another may come along but, honestly the self-righteousness exuded by these technical traders is repugnant and I am tired of dealing with the hypocrisy. Therefore I am going to remove myself from these threads and only respond to personal messages.

To those good traders that I have had the honer of sharing the last years with, I wish you all the best of luck and a wonderful life. To the egotist the crowd the forum I wish you would get a life. To all the new traders reading this, Don't listen to anything on this forum, think for yourselves. Most of the advice that you get here is just plain Bull Shit.

Good by.

Bob

ForexAssistant posted:
This is a wonderful example of the BullShit that you find on this forum. They make a big deal about something stupid like verification then when I ask which one do you want verified, now there is only silence.

Are you serious? Must folks intending to invest think of verification as stupid? To me (and others) this is vital in making a financial decision. I am sure the intent thereof was to avoid potential investors being sucked into scams - It says a lot about you if you think this is stupid.

I have been following your posts for a while now.. You always have this know-it-all approach to every topic, and then you are met with resistance from traders and then you call everyone morons or stupid. Maybe you are not taken as serious as you wish because when one looks at your profile you only get unverified/demo accounts. Maybe you will do us all a huge favor by removing yourself from threads and not partaking in new ones - maybe start your own forum somewhere or something.

Anyway, good luck to you.

RSTrading posted:

ForexAssistant posted:
This is a wonderful example of the BullShit that you find on this forum. They make a big deal about something stupid like verification then when I ask which one do you want verified, now there is only silence.

Are you serious? Must folks intending to invest think of verification as stupid? To me (and others) this is vital in making a financial decision. I am sure the intent thereof was to avoid potential investors being sucked into scams - It says a lot about you if you think this is stupid.

I have been following your posts for a while now.. You always have this know-it-all approach to every topic, and then you are met with resistance from traders and then you call everyone morons or stupid. Maybe you are not taken as serious as you wish because when one looks at your profile you only get unverified/demo accounts. Maybe you will do us all a huge favor by removing yourself from threads and not partaking in new ones - maybe start your own forum somewhere or something.

Anyway, good luck to you.

I thought you said you were out of here? Hehehe 😎

Fritz125 posted:
So i started 'training' for forex almost a year ago, reading, learning and practicing on demo accounts with very good results.

But now i jumped into live tradingwith $500 USD and suprise, i already lost $150 in 3 days.

I'm kinda shocked, i wasn't expecting to win every trade or turn $1000 into $2000 (like i did in a demo account) but i also wasn't expecting to fail this hard.

My emotions control me and i totally spaz out whenever a trade turns against me.

Any help?

You neeed to toughen up. Losing 150 usd is just a price to pay on the learning curve.
Take it as an investment to your education. As a full time trader you cant be moved by even 100 times bigger losses.
Just do your best man !

Fritz125 posted:
So i started &quot;training&quot; for forex almost a year ago, reading, learning and practicing on demo accounts with very good results.

But now i jumped into live tradingwith $500 USD and suprise, i already lost $150 in 3 days.

I'm kinda shocked, i wasn't expecting to win every trade or turn $1000 into $2000 (like i did in a demo account) but i also wasn't expecting to fail this hard.

My emotions control me and i totally spaz out whenever a trade turns against me.

Any help?

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