The monster forex became...
Uczestnik z May 20, 2011
724 postów
Feb 09, 2016 at 09:12
Chikot posted:Very good point here I think everyone needs to realize, you CAN have a completely 100% random entry and still be profitable long term, it is the exit that which will make you a profit or not.
I see, so you are full auto mode now. I do not think anyone can reverse engineer what you conjured up there :)
From what Market Wizards were telling it is exits that make money. entries are not that important.
Uczestnik z Dec 22, 2015
276 postów
Feb 09, 2016 at 09:13
togr posted:
@trendfollowers
You have 2 very fresh accounts with small profit and 1 negative account. Everything is hidden.
There is no way this could attract investors
@togr If you look a bit back into this thread you will see, I mentioned that I purposely set to private to prevent malicious activity but would gladly open for a short period for anybody interested. Though, many investors will be satisfied with the 'advanced statistics'.
As for the negative account, random mistakes. First there was an incident where my notebook's (very old)cpu was not powerful enough to run 3 terminals - I have moved it to my I7 desktop, which is more than capable.
Then stupid me, entered trades on the desktop which defaulted to the .10 lot size, not the .01 I wanted and I quickly closed them, for a loss. But I see this as ironing out the wrinkles, I could have just started a new account, Instead I reimbursed my client for the money he lost and kept the old account running. But, please, I am not trying to make excuses for these mistakes, they happened and I learned from them.
I now have a 7% loss to work away first, but am not phased as this should take a month maybe two.
This will probably scare investors away, but once that client account is in the green, my account will not be so 'fresh' anymore and I will then attract investors.
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Feb 22, 2011
4862 postów
Feb 09, 2016 at 13:03
trendfollowers posted:togr posted:
@trendfollowers
You have 2 very fresh accounts with small profit and 1 negative account. Everything is hidden.
There is no way this could attract investors
@togr If you look a bit back into this thread you will see, I mentioned that I purposely set to private to prevent malicious activity but would gladly open for a short period for anybody interested. Though, many investors will be satisfied with the 'advanced statistics'.
As for the negative account, random mistakes. First there was an incident where my notebook's (very old)cpu was not powerful enough to run 3 terminals - I have moved it to my I7 desktop, which is more than capable.
Then stupid me, entered trades on the desktop which defaulted to the .10 lot size, not the .01 I wanted and I quickly closed them, for a loss. But I see this as ironing out the wrinkles, I could have just started a new account, Instead I reimbursed my client for the money he lost and kept the old account running. But, please, I am not trying to make excuses for these mistakes, they happened and I learned from them.
I now have a 7% loss to work away first, but am not phased as this should take a month maybe two.
This will probably scare investors away, but once that client account is in the green, my account will not be so 'fresh' anymore and I will then attract investors.
Yet still nobody will be interesting seeing such portfolio
Uczestnik z Dec 22, 2015
276 postów
Feb 09, 2016 at 13:04
(edytowane Feb 09, 2016 at 13:35)
togr posted:trendfollowers posted:togr posted:
@trendfollowers
You have 2 very fresh accounts with small profit and 1 negative account. Everything is hidden.
There is no way this could attract investors
@togr If you look a bit back into this thread you will see, I mentioned that I purposely set to private to prevent malicious activity but would gladly open for a short period for anybody interested. Though, many investors will be satisfied with the 'advanced statistics'.
As for the negative account, random mistakes. First there was an incident where my notebook's (very old)cpu was not powerful enough to run 3 terminals - I have moved it to my I7 desktop, which is more than capable.
Then stupid me, entered trades on the desktop which defaulted to the .10 lot size, not the .01 I wanted and I quickly closed them, for a loss. But I see this as ironing out the wrinkles, I could have just started a new account, Instead I reimbursed my client for the money he lost and kept the old account running. But, please, I am not trying to make excuses for these mistakes, they happened and I learned from them.
I now have a 7% loss to work away first, but am not phased as this should take a month maybe two.
This will probably scare investors away, but once that client account is in the green, my account will not be so 'fresh' anymore and I will then attract investors.
Yet still nobody will be interesting seeing such portfolio
Tough love then..
They like, they try..They no like..They no try as easy and simple as that.
My view on things changed a bit since a few weeks ago. At first I demo-ed this system then went live a couple of months ago, changed things a bit (hence the custom starting date) At first I was eager to sign investors up. I was even willing to give this EA away for anybody who would subscribe. The idea then was to 'sell' signals for $10 per month. Aagh, it sounds so newbie-ish.
Remember this guy (attached) It's me...
Then I came to the realization that...As my system is, it will eventually attract investors by it's performance. Yes, I have a negative account, but I will rather work my way out of it than starting over.. It was not a 'trading system' error, it was other things.
Załączniki:
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Jan 08, 2016
281 postów
Feb 22, 2016 at 07:28
trendfollowers posted:
Then I came to the realization that...As my system is, it will eventually attract investors by it's performance.
In Forex you don't need investors having a good performing method of trading.
You can make it on your own !
It will just take a little longer for you to get there, that's it.
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Uczestnik z Dec 22, 2015
276 postów
Feb 22, 2016 at 07:55
Croco_Dile posted:trendfollowers posted:
Then I came to the realization that...As my system is, it will eventually attract investors by it's performance.
In Forex you don't need investors having a good performing method of trading.
You can make it on your own !
It will just take a little longer for you to get there, that's it.
I cannot believe someone would make such a dumb statement..
It is common knowledge that there are actually lots of people that do not want to be traders, but investors rather. They do not want to go through years of looking for a system, rent a VPS and have to go through all the hassle, and I for one can respect that.
I pose this question to you : If a computer business is very good at repairing computers (what I do actually) and your computer has problems, would you take your computer to them and pay $50 to have it repaired, or spend $1000 to learn how to do it and run the risk of making things worse.
Oh, I must also answer the garbage you posted on my feed. Please, this is not an empty billboard for you to scribble your non-sense on. Another example, simplified so even toddlers can also understand.. Say there is a shop who sells chips for $5 a packet..
I also have a shop and sell my chips for $7 a packet. It is up to the customer if he wants it or not.
Yes, I can source cheaper bags of potatoes and sell for even $4 a pack, but let's say I believe in quality above quantity, my choice isn't it. I know my chips are more expensive (my trading makes far less %) but I know they are not mass produced, they taste better and are healthier (low risk, stable return)
But once again, it is totally up to the consumer where he wants to buy. I am not in competition with the other shops.
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Feb 22, 2011
4862 postów
Feb 22, 2016 at 09:45
It is great to have great system,
It is great to have investors
But you have to be able to sustain burden of trading a huge pile of money
It is great to have investors
But you have to be able to sustain burden of trading a huge pile of money
Uczestnik z Dec 22, 2015
276 postów
Feb 22, 2016 at 09:53
(edytowane Feb 22, 2016 at 09:54)
Some fund managers that implement a variation of the system I use, manage millions. Look up some of these names names David Harding; Bill Dunn; John W. Henry; Ed Seykota; Keith Campbell and Jerry Parker. All very successful fund managers.
So the more money there is, the more weight a 3-15% ROI has.
So the more money there is, the more weight a 3-15% ROI has.
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Feb 22, 2011
4862 postów
Feb 22, 2016 at 11:02
trendfollowers posted:togr posted:trendfollowers posted:togr posted:
@trendfollowers
You have 2 very fresh accounts with small profit and 1 negative account. Everything is hidden.
There is no way this could attract investors
@togr If you look a bit back into this thread you will see, I mentioned that I purposely set to private to prevent malicious activity but would gladly open for a short period for anybody interested. Though, many investors will be satisfied with the 'advanced statistics'.
As for the negative account, random mistakes. First there was an incident where my notebook's (very old)cpu was not powerful enough to run 3 terminals - I have moved it to my I7 desktop, which is more than capable.
Then stupid me, entered trades on the desktop which defaulted to the .10 lot size, not the .01 I wanted and I quickly closed them, for a loss. But I see this as ironing out the wrinkles, I could have just started a new account, Instead I reimbursed my client for the money he lost and kept the old account running. But, please, I am not trying to make excuses for these mistakes, they happened and I learned from them.
I now have a 7% loss to work away first, but am not phased as this should take a month maybe two.
This will probably scare investors away, but once that client account is in the green, my account will not be so 'fresh' anymore and I will then attract investors.
Yet still nobody will be interesting seeing such portfolio
Tough love then..
They like, they try..They no like..They no try as easy and simple as that.
My view on things changed a bit since a few weeks ago. At first I demo-ed this system then went live a couple of months ago, changed things a bit (hence the custom starting date) At first I was eager to sign investors up. I was even willing to give this EA away for anybody who would subscribe. The idea then was to 'sell' signals for $10 per month. Aagh, it sounds so newbie-ish.
Remember this guy (attached) It's me...
Then I came to the realization that...As my system is, it will eventually attract investors by it's performance. Yes, I have a negative account, but I will rather work my way out of it than starting over.. It was not a 'trading system' error, it was other things.
Regarding the image it is Rihan (RSTrading)...
Uczestnik z Jan 08, 2016
281 postów
Feb 23, 2016 at 03:22
trendfollowers posted:I cannot believe someone would make such a dumb statement...... this is not an empty billboard for you to scribble your non-sense on.
Did I write there are no investors looking for good performing traders ?????
Read my comment agan, 'follower'.
You are the one talking nonsense here.
And by the way, your performance is bad. You need to practice some more.
😈
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Uczestnik z Dec 22, 2015
276 postów
Feb 23, 2016 at 05:11
(edytowane Feb 23, 2016 at 05:39)
Croco_Dile posted:trendfollowers posted:I cannot believe someone would make such a dumb statement...... this is not an empty billboard for you to scribble your non-sense on.
Did I write there are no investors looking for good performing traders ?????
Read my comment agan, 'follower'.
You are the one talking nonsense here.
And by the way, your performance is bad. You need to practice some more.
😈
'In Forex you don't need investors having a good performing method of trading.
You can make it on your own !
It will just take a little longer for you to get there, that's it.'
The way I understood it, it meant that investors could spend time and develop their own method of trading and invest in it?
Am I understanding correctly? Still a very uneducated comment, perhaps you must read my reply about the computer and computer shop again.
OMG. I can't believe I am asking opinions from someone who has no system and only 13 posts to his name, but please humour me, you say my performance is bad..Care to elaborate? Maybe your perspective will help me see things better. But please don't tell me you are one of those that want to see hundreds/thousands of percentages ROI per month. If so, I hate to break it to you.. much like the tooth fairy and father christmas they don't exist. Maybe for short spans of time yes, but then most of them take a turn for the worst and take a big nose-dive. #free lesson.... When the return goes up, so does risk. So there are probably traders out there that can offer an above 30% return, but take a look at their DD, usually the risk is quite high..
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Jan 14, 2010
2299 postów
Feb 28, 2016 at 12:27
I think you was letting losers run. Some profits taking along the way and large leverage used.
I would really love to see your account grow quite frankly. It makes me sad.
I would really love to see your account grow quite frankly. It makes me sad.
Uczestnik z Dec 22, 2015
276 postów
Feb 28, 2016 at 16:55
(edytowane Feb 28, 2016 at 17:12)
My account? No it is doing quite well. Just some glitch here on myfxbook that doesn't take the custom start date to consideration.. I am up in arms about this..I am probably going to lose potential investors because of this.. It is weekend, so no myfxbook support..aaaaarrrrrrrrrrggggggggggghhhhhhhhhhhhhhh I am unbelievably frustrated!. Whenever I click on the pin/unpin. It tells me that my account is being processed.. I have been trying all weekend!
And I have links all over to my accounts..This will then drive potential investors to that ugly looking account. Suppose I must go and undo my links all over..geez you know.....
The custom date should be from 02.12.15.
I started this account some time ago.. I sort of....praticed getting my strategy right..Got it right..Thought I would continue with this account..Just set the custom date...Shouldn't have.....Should rather have opened a new account!
And I have links all over to my accounts..This will then drive potential investors to that ugly looking account. Suppose I must go and undo my links all over..geez you know.....
The custom date should be from 02.12.15.
I started this account some time ago.. I sort of....praticed getting my strategy right..Got it right..Thought I would continue with this account..Just set the custom date...Shouldn't have.....Should rather have opened a new account!
If you want to go fast, go alone. If you want to go far..Go together..
Uczestnik z Dec 22, 2015
276 postów
Feb 28, 2016 at 17:46
I had to set my accounts to private.. I should have since I realized it went haywire yesterday morning. Damage control.
Hopefully later when the markets open it will rectify itself..
Hopefully later when the markets open it will rectify itself..
If you want to go fast, go alone. If you want to go far..Go together..
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