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[mynameisbilla]

Hello Guys,

My Name is Billa. I'm doing research in this Forex Market for more than a year. I used many tools like RSI, MACD, Stochastics, Pivot Points, Support and Resistance, Fibonocci, Bollinger Bands, Envelopes, OBV, Moving Averages, ADI, Parabolic Sar, Lin. Regression, ADI, CCI, True Range, William's R, Elliot Wave Theory, Gann's Theory, Cyclical Movements, Neural Networks, Aritifical Intelligence Systems and many other Momentum Indicators and Trend Indicators. I used this indicators individually and also in combination with other Indicators. In my experience, I came to know that, all gives only 50% Profit. That is, 50% of time they are right. 50% of time they are wrong.

I also tried with various consultancies/technical analyst/recommendation sites. Again the result is same. 50% of time it works and other 50% of time it doesn't work.

So I tried to develop a trading strategy of my own. (ofcourse an Indicator of my own). At first I tried to achieve 75% success. But after months of hard work, now I'm able to achieve 90% trading Success. I have back tested (also tested forward) my formula with all types of market (Bullish, Bearish & Sheepish). It works well in almost all the Market Conditions. It doesn't give any False Signals. 9 out of 10 Trades end in Huge Profit. 1 out of 10 Trades end is Loss due to reasons like, a firm acquiring other firm in other nation, most unexpected News/Datas, sudden change in World Politics etc., In my system, 4 to 6 Trades will be triggered in a Month.


Now I'm very Happy. I have finally found out a Trading System with 90% success. I worked very hard for this. I missed sleeps many Nights, I missed many entertainments, I wasted a lot of time and efforts (ofcourse not wasted, but invested), I had suffered strong headaches due to sleeplessness, over thinking, not eating at right time etc., And now, finally I got the Treasure. I got it. I found out the Golden formula. I feel as though I'm the richest man in the world.

Now I'm thinking of making money on it. I'm personally going to Trade using that, as usual. Apart from that, I'm planning to sell my Recommendations/Trade Signals/Ideas/Tips to Others.

I'm thinking of charging 1500 US Dollars, for a period of one Month, for giving Trade Signals/Recommendations/Tips/Entry & Exit Points. What do you think about this? I think that 1500 US Dollars is very Nominal (not cheap, but Reasonable) for giving such Recommendation/Tips. And as said above, 90% of time it works fine.

This 1500 Dollars is just 2.5 to 4% of your Profit. (assuming your Capital is 50000 US Dollars).

Now please tell what do you think on my Idea? Is 1500 US Dollars Cheap or Reasonable or Costly? If I market this with full swing How many Clients I can get all over the world. (mostly in Canada, America, Latin America, Europe, Australia & Asia).

At the other End, I'm also thinking; why should I leak out such valuable datas to others. Why can't I keep it myself and Trade myself and Earn Myself. (This looks selfish. But one side of my heart is saying like that)

Please write to me your Ideas, Suggestions, Tips etc.,


Expecting your Reply.

Thanks in Advance.


By Billa
(The Next Multi-Billionaire in The World) - said in Self-Confidence.

[firedave]

I always believe action speaks louder than words, so Billa let's roll some action and make some pips All the best for everyone

[rollingstone]

Hi Billa,

Just so we are all clear on the detail before you start posting your Live calls, can you let us know:

- What pairs will you be trading, is it just E$ and £$ ?

- What timescale are we talking about, will trades last minutes, hours, days, weeks ?

- What initial stop loss will we be using ?

- What r/r do you try for ?

- What sort of take profit target do you aim for ?

- What sort of monthly pip return are we talking about ?

- Will you be recommending trading 1 standard lot, or will you be scaling in and out of positions ?

- Is there any hedging involved.

- When you say 90% success, does that mean that over the course of 2 months (10 signals, as you say you get 4-5 per month), that we will get 9 winning trades and 1 loser.

Thanks for your time, answering these questions will give people a general feel for what to expect and make your live trades and results more relevant.

It may even persuade some people to sign up for $1500 + in a few months time when you have proven your results.

[durgesh147]

Hello Billa !!!

I must congratulate you for your cool nature. After so much of leg pulling and lashing, you managed to keep your calm.That shows your maturity and confidence in your system.

Good luck !!!!!

You are really trying to sell your system like a top notch marketer.

[mynameisbilla]

Originally Posted by rollingstone

Hi Billa,

Just so we are all clear on the detail before you start posting your Live calls, can you let us know:

- What pairs will you be trading, is it just E$ and £$ ?

- What timescale are we talking about, will trades last minutes, hours, days, weeks ?

- What initial stop loss will we be using ?

- What r/r do you try for ?

- What sort of take profit target do you aim for ?

- What sort of monthly pip return are we talking about ?

- Will you be recommending trading 1 standard lot, or will you be scaling in and out of positions ?

- Is there any hedging involved.

- When you say 90% success, does that mean that over the course of 2 months (10 signals, as you say you get 4-5 per month), that we will get 9 winning trades and 1 loser.

Thanks for your time, answering these questions will give people a general feel for what to expect and make your live trades and results more relevant.

It may even persuade some people to sign up for $1500 + in a few months time when you have proven your results.

Clarification given by Billa

* I concentrate mostly in Euro Vs USD and Pound Vs USD.
* No hedging involved.
* Time Period U hold your Position may be from 4 Hrs. to 10 Days.
* There is no fixed time for me to enter into Trade. When the signal Triggers I will enter. (It may be midnight or mid day or evening or anytime)
* Monthly one will be getting 200 to 500 Pip Profit. (computed on an Average).
* I do position trading. That is, once if the positions are taken, it will not be taken out until hitting the Target/Stop Loss. I never aim for small pip profits like 30 or 50 pips.
* My Stop Loss will be 75 to 150 Pips Longs. (but they hit very occassionally)
* If I made Loss in a Trade, I can make up the Loss + Profit, in the next immediate Trade. (little Money Management Involved.)

When I give u signals you will understand me better.

bye for now.


"Market Price may be right. But not all the times." - by Billa

[Ageorge]

BILLA: CLAP ..... ROLL # 1 .... LET START THE ACTION

[fxkiwi]

Billa,

I will admit you are persistant but I can't help but think your knowledge of forex and more importantly your knowledge of money management could be written on the back of a postage stamp.

In an earlier post you said that on a 50k account you could generate up to 50k profit a month (100%), then go on to say that monthly profit targets will be 200-500 pips and that you are position trading.

Now for the purpose of the exercise I will assume you are trading full lots at 100:1 leverage to try and keep things simple enough that hopefully you will keep up. Just to help I will type this very slowly.

To achieve the return on your account with the results you have posted you will need to place 20% of your capital on each trade. If you trade both pairs you mention and on the chance both your maximum stop of 150 pips is hit, then you just lost 60% of your account.

...........keeping up so far?

Regardless if you can generate 99% correct trades there will still be times when your "indicator" will not work under certain market conditions and if it has just four losses in a row you will have got a margin call before the stops even have a chance to be hit

I would not be surprised if some people achieve a 90% success rate, but I doubt that they would risk blowing out their entire account in under four trades.

Now how confident are you in your systems ability to not have four losing trades?

Good luck.

fxkiwi

[mynameisbilla]

Originally Posted by fxkiwi

Billa,

I will admit you are persistant but I can't help but think your knowledge of forex and more importantly your knowledge of money management could be written on the back of a postage stamp.

In an earlier post you said that on a 50k account you could generate up to 50k profit a month (100%), then go on to say that monthly profit targets will be 200-500 pips and that you are position trading.

Now for the purpose of the exercise I will assume you are trading full lots at 100:1 leverage to try and keep things simple enough that hopefully you will keep up. Just to help I will type this very slowly.

To achieve the return on your account with the results you have posted you will need to place 20% of your capital on each trade. If you trade both pairs you mention and on the chance both your maximum stop of 150 pips is hit, then you just lost 60% of your account.

...........keeping up so far?

Regardless if you can generate 99% correct trades there will still be times when your "indicator" will not work under certain market conditions and if it has just four losses in a row you will have got a margin call before the stops even have a chance to be hit

I would not be surprised if some people achieve a 90% success rate, but I doubt that they would risk blowing out their entire account in under four trades.

Now how confident are you in your systems ability to not have four losing trades?

Good luck.

fxkiwi

Reply by Billa

You will know more about my style when I give Signals. Wait until that.

No More Speaking in Words.

I'm actually waiting for the Buy Signal. Now the signal at present is "Hold Sell until Stop Loss". But this Sell has already made huge profits. So I think, there is no use in asking you to Sell Euro or Pound. So only I'm waiting for next Reverse Signal.

If it is Triggered, then you will know how I Conquer the Market.

bye for now.

"Attack the Market(also enemy) in its Weak Spot. Not on the Strong Side." - by Billa.

[mynameisbilla]

Originally Posted by durgesh147

Hello Billa !!!

I must congratulate you for your cool nature. After so much of leg pulling and lashing, you managed to keep your calm.That shows your maturity and confidence in your system.

Good luck !!!!!

You are really trying to sell your system like a top notch marketer.

Thanks a Lot Durgesh147

[servias]

Your Quotes are awesome. Maybe you should try poetry and sell us $1500 books.

"Market Price may be right. But not all the times." - by Billa
"Attack the Market(also enemy) in its Weak Spot. Not on the Strong Side." - by Billa.

WOW. I cannot believe I am talking to the great forex poet.

Seriously though, you want $1500 monthly for 200 pips a month? Not worth the money unless you give us proof of your trading, signals - past and present. Or at least a freekin copy of your account statement!!

Good luck - cant wait to read your quotes and buy your book!

[mynameisbilla]

Originally Posted by servias

Your Quotes are awesome. Maybe you should try poetry and sell us $1500 books.

"Market Price may be right. But not all the times." - by Billa
"Attack the Market(also enemy) in its Weak Spot. Not on the Strong Side." - by Billa.

WOW. I cannot believe I am talking to the great forex poet.

Seriously though, you want $1500 monthly for 200 pips a month? Not worth the money unless you give us proof of your trading, signals - past and present. Or at least a freekin copy of your account statement!!

Good luck - cant wait to read your quotes and buy your book!

I will surely proove myself.

But I'm seriously thinking of increasing the $ 1500 Fee. As you said, it is too low. But I should also take into Account, the Mini-Account Holders. So only I'm still thinking on it. Otherwise, I would have already made the Offer for an Higher Rate.

I'm not a Poet. But a Man with Guts.

"Guts is more needed to win Market and also the Life" - by Billa

[Pismo]

Please................

[farang]

Bill.....If you want to sell your trading system just start marketing a cheap website. How long have you been testing your system in real time? I have being testing my strategy with a demo account for over 3 1/2 weeks and 3 weeks with a live account, with a total gain of 487 pips on my live account......but I am not about to start selling my strategy for 1k plus when I have only been live 3 weeks. There are many folks (websites) out there screaming about their custom, unique indicators with an 80+ accuracy or 300+ pips a month for $100 or less per month. Maybe you should dumb down your price if you want to grab some suckers money.

Even super duper fast, twin-whirly bird, custom pimped indicators are based on historical data.

So if you were just looking for someone elses system last week, the big question is how long have you been trading live with your new 90% accurate custom indicator? Dodging the question is also the form of an answer.

[mynameisbilla]

Originally Posted by farang

Bill.....If you want to sell your trading system just start marketing a cheap website. How long have you been testing your system in real time? I have being testing my strategy with a demo account for over 3 1/2 weeks and 3 weeks with a live account, with a total gain of 487 pips on my live account......but I am not about to start selling my strategy for 1k plus when I have only been live 3 weeks. There are many folks (websites) out there screaming about their custom, unique indicators with an 80+ accuracy or 300+ pips a month for $100 or less per month. Maybe you should dumb down your price if you want to grab some suckers money.

Even super duper fast, twin-whirly bird, custom pimped indicators are based on historical data.

So if you were just looking for someone elses system last week, the big question is how long have you been trading live with your new 90% accurate custom indicator? Dodging the question is also the form of an answer.

Reply by Billa


Hi Farang,

As said already I'm in no Idea of reducing my Fee. Actually I'm in Idea of Increasing it.

If others are giving cheap then don't say it to me. Better go and subscribe there. I have no objection over it.

They think that their service is worth that much only. I think my service is worth more than that. So I'm charging more.

I won't say that they are wrong or right. That have to be decided by the people.

I want only clients who are are ready to pay 1500 USD per month. If you are not interested, no problem.

bye..

[farang]

Ahhhh you did not answer my question which is how long have you been trading with your system. No need to get high and mighty about your 1500 price guage. Again if you were just looking for a good strategy from others last week (according to your response in this thread) and developed a 90% accurate system since then........obviously you have not been trading that long.


p.s. i am not looking to buy your system especially when my account has more than doubled in three weeks without your help. but i do enjoy messing with someone that appears to be deceitful while watching my money grow with the usd/jpy.

p.p.s so how long have you been trading your system for bill?

[roycetrade]

can't beleivethis joker has gotten so many responses

all i have to say is this


If you win 90% of the time, why do you need to take us for $1,500 each, can't you get rich off your system, uhh yea, what i thought