MoneyTec Traders Community Forum - View Single Post

drayco · 02-07-2006, 10:31

I contacted Tradeforexsignals.com and sent them this:

Could you please send me the entire history for all of the pairs you trade? I am not interested in one winning pair! What i am seriously interested in is a consistent losing method. I am considering trading your very worst performing pairs and reverse the signal. The only way i would trust doing this is if i have your word you will be sticking with the same methods so they may continue to work for me.
I am more interested in your first service, but any of your consistent losers with the minors may work for me as well.
Thank you and please understand i am serious about this.

If any of you have been following these guys then you know that their Majors were just absolutely the best losers around. Very consistent! They sent me this:

Hello,

Interesting question and theory !!

We probably don't have any pairs that would fit your criteria as they are all now performing reasonably well through various weeks. What you must understand is that when we started trading with FX-Auto.com we introduced a 300 pip stop loss on all trades that was never in place throughout last years trading. This had a dramatic bad effect on many trades.

More recently we have introduced new systems for the GBP/USD and GBP/JPY (the worst performing pairs on the old system). The other major pairs have had their stop loss levels changed and this has led to a dramatic reduction in bad trades. With our Minors system, we now only trade the GBP/CHF, EUR/AUD and AUD/NZD - the more successful pairs.

I would suggest if you want to trade with our signals you might try the new GBP/USD system and the also GBP/CHF. This pair alone has made +1409 pips since March (after all spreads) whilst the GBP/USD has made +365 pips in its first 3 weeks of trading.

Regards,
www.tradeforexsignals.com

My point here is that as far as robot trading goes they had a consistently terrible performing system that would have delivered some great returns if the signals had been reversed. Instead they tweaked it to make it lose less often.
The main thing is consistency and they had it. I would love to know what the code for that system of theirs was when it was at its worst.
I think many times we create a really bad system, mess with it to make it better and give up and move on to something else when we really had the best thing at the start. Plus, if nothing else looking for the ugliest dog can get you thinking in different ways.

02-07-2006, 10:31	#10
drayco level 1 Join Date: May 2005 Posts: 18 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Consistent Losers I contacted Tradeforexsignals.com and sent them this: Could you please send me the entire history for all of the pairs you trade? I am not interested in one winning pair! What i am seriously interested in is a consistent losing method. I am considering trading your very worst performing pairs and reverse the signal. The only way i would trust doing this is if i have your word you will be sticking with the same methods so they may continue to work for me. I am more interested in your first service, but any of your consistent losers with the minors may work for me as well. Thank you and please understand i am serious about this. If any of you have been following these guys then you know that their Majors were just absolutely the best losers around. Very consistent! They sent me this: Hello, Interesting question and theory !! We probably don't have any pairs that would fit your criteria as they are all now performing reasonably well through various weeks. What you must understand is that when we started trading with FX-Auto.com we introduced a 300 pip stop loss on all trades that was never in place throughout last years trading. This had a dramatic bad effect on many trades. More recently we have introduced new systems for the GBP/USD and GBP/JPY (the worst performing pairs on the old system). The other major pairs have had their stop loss levels changed and this has led to a dramatic reduction in bad trades. With our Minors system, we now only trade the GBP/CHF, EUR/AUD and AUD/NZD - the more successful pairs. I would suggest if you want to trade with our signals you might try the new GBP/USD system and the also GBP/CHF. This pair alone has made +1409 pips since March (after all spreads) whilst the GBP/USD has made +365 pips in its first 3 weeks of trading. Regards, www.tradeforexsignals.com My point here is that as far as robot trading goes they had a consistently terrible performing system that would have delivered some great returns if the signals had been reversed. Instead they tweaked it to make it lose less often. The main thing is consistency and they had it. I would love to know what the code for that system of theirs was when it was at its worst. I think many times we create a really bad system, mess with it to make it better and give up and move on to something else when we really had the best thing at the start. Plus, if nothing else looking for the ugliest dog can get you thinking in different ways.