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Old 24-11-2005, 11:04   #57
amarnath
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Question Re: Trading System with 90% Success.

Hello Guys

1. 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 Resistance Fibonocci Bollinger Bs 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 many other Momentum Indicators Trend Indicators. I used this indicators individually 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.


Any proof your for above facts . Atleast backtest on historical data ? what type of combination you tried to say with confidence that its exactly 50% of time not any 30 % or 65 %

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

Atleast can you mention name of one consultancies a reputed Tech Analyst a well proven recomm site you tried with any proof you tried it


3. 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.


Ok good luck with that 1st but can you mention what software you used for backtesting forward testing . If you say it doesnt gives false signal what you can 1 trade that end in loss???? In forex mkt every even /news is considered as unexpected untill its out gives reaction to right h side LOL

4.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 efforts (ofcourse not wasted but invested) I had suffered strong headaches due to sleeplessness over thinking not eating at right time etc. 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 its right time to consult some psycharist a good physician . some serious symptoms of early psycological disorders

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

If your system is backtested why not you can make it as autotrading one

6. 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).

you dont have basic idea about forex volume its clients real fun you are asking other how many clients you can get all over world

7.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 Trade myself Earn Myself. (This looks selfish. But one side of my heart is saying like that)

confirmed psycological disorder - heart thinks ??? not your brain can you atleast describe which side of your heart is thinking if not your brain


finally if you are true ht pls answer with some proof that you did Research atleast if not just run away this forum
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Old 24-11-2005, 19:49   #58
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Re: Trading System with 90% Success.

Hello.. ive always wondered.. if people are so confident about their own systems producing consistent profit i.e 90% success rate then why do they charge a fixed rate monthly charge for this?

If i found someone taking a commission based fee.. i.e 5%-10% of total profits of trades during that month.. the person who provides the system thus only makes any money if the trader makes money.. that would truly show confidence in their trading system also would not limit returns for the person who created this system as the greater the profit a trader makes the greater the return.. at 90% success rate how can they fail?

what do you think Billa?
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Old 24-11-2005, 22:29   #59
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Re: Trading System with 90% Success.

I think the problem is Billa doesn't think he just talks. This topic is good for a few laughs - that's all.

Markets continuously change so nothing ever will be 90% accurate with enough trades over the great expanse of time. But even if you could predict with such a high rate of success then comes the hard part - managing the trade.

Forums like monytec are good for an idea here there but a fool his money is soon parted for anybody that would pay for any "BlackBox" system whether it is proven or not. Not knowing the logic behind it is like playing a "shell" game without knowing there is no peanut under any of the 3 shells.

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Old 25-11-2005, 01:14   #60
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Re: Trading System with 90% Success.

Well what happend to Billa))
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Old 25-11-2005, 09:45   #61
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Re: Trading System with 90% Success.

hellooooooooo bill are u still alive ???????????
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Old 25-11-2005, 21:26   #62
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Re: Trading System with 90% Success.

If you would like to see real talent here is a copy of a shadow report of trades I have done.

http://www.geocities.com/zentiger_tr...dStatement.htm

Of course I work for a proptrading company I can't give out account info as I am legally bound. But in the end my p/l is what counts not anything I say. I trade what I feel based off of experience. I know that I know nothing. There is no magic system or method in the end you need pure talent to trade well. Read Einsteins Law of Observation articles on Dark Matter. Trading is magic so be a magician! Do you know how much I am worth being able to produce profits in the hundreds of percents with using only 1-2% risk per trade Even with all of that I am worth no less or more then when I was born never will...
Einstein's Biggest Blunder That Wasn't



Posted by samzenpus on Thursday November 24 @12:00AM
the he-told-you-so dept.

jose parinas writes "The genius of Albert Einstein who added a "cosmological constant" to his equation for the expansion of the universe but later retracted it may be vindicated by new research. The enigmatic "dark energy" that drives the acceleration of the Universe behaves just like Einstein's famed cosmological constant according to the Supernova Legacy Survey (SNLS). Their observations reveal that the dark energy behaves like Einstein's cosmological constant to a precision of 10%."
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Old 25-11-2005, 23:06   #63
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Re: Trading System with 90% Success.

zen

If you are trying to follow in billa's footsteps you're doing a good job.

"I know I know nothing (then) ...you need pure talent to trade well."

Or

"There is no magic system.... Trading is magic"

The rest is even less clear but more importantly no laughs.

This topic isn't meant to be taken seriously maybe I just don't get your humor if thats what you doing but Einstein dark energy Huh!!
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Old 26-11-2005, 02:21   #64
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Re: Trading System with 90% Success.

I like Einstein Platos metaphysical presuppositions "Say that 3 times really fast" Maybe I should be like Billa sell you a package of 3 signals for 14.99 US on Ebay with a mail in rebate but shipping is going to cost you! haha
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