Let's Gamble (by Patience) Quick Stats
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Let's Gamble Discussion
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speki

Member Since Nov 18, 2009  735 posts speki Aug 14 2010 at 11:00
Good going as usual - if it was a single micro account I'd say you have friends at RBA or BoJ - but it's one in a dozen accounts - with 100+ trades a month - I can be wrong in my judgment but the market isn't... Open for OPM trading? These curves attract me more than those with 100% a month.

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Patience

Member Since Oct 18, 2009  210 posts Patience Aug 14 2010 at 12:19
Oh, just go and invest in Jacko's fund. It's a guaranteed return of 30% a year and if there are any losses, he generously tops it up from his own money. It's a no brainer. ROLF ROLF ROFL

I took my daughter to the theatre a few months ago. It was the story of the tortoise and the hare. It just reaffirmed to me what I already knew. Slow and steady wins the race. I'll be here long after the cows have gone home.

You know I only put my accounts up for a friend to check and she's checked so, like Jacko, poof, they are gone (well until next weekend that is).

speki

Member Since Nov 18, 2009  735 posts speki Aug 14 2010 at 16:22
Jacko? Oh, beat it. He's HIStory now.
Actually I'm eyeing some signal providers... it would give me the illusion that I'm so farking smart, predicting prices correctly and making fat profits .... something I just don't seem to be able to achieve...
I'm so sad the ones I found so far let me down within a fortnight ... seems the super gurus don't trade their own calls ... I wish I'd find the exception that proves the rule ...

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Attachments: jacko.jpg
Patience

Member Since Oct 18, 2009  210 posts Patience Aug 14 2010 at 17:11
No, I'm not talking Wacko Jacko. I'm talking Jacko of 'Jacko's Forex House of Pleasure and Pain' fame. His pleasure but his investors pain by the looks of things. Anyway, you've missed your chance to invest or be mentored. He ain't taking any more investors or noobs on. Dang! Another super guru down the tubes.

ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 14 2010 at 18:17 (edited Aug 14 2010 at 18:31 )
The professional Gambler - Martingale.

I see the light when first time get the idea of martingale, it was not read from articles, I discover it from a behaviour of EA. And I didn't even know the term of Martingale till some times of doing deeper research and searching more such EA that double up when loses. I have tested demo with none stop entry without indicator, 3 month survive with 100% ROI each month; then the 4th month onward fails all the way.

The tips to do Gamble from my experience :
1. Use the smallest amount you can afford to lose every month.
2. If you lose all your money on first week, wait for next month.
3. Your gambling must give you high ROI.
4. Your winning rate per month > 65%

And I get the DoubleTrap name from a system which I try to fit 13 level of martingale hedging in a very close pip movement. To setup two close trap for long and short, and it amazingly last 3 month; after that I only get myself trap.

Then I seeking way out to this deep failure and become ForexSeeker.
And I keep the DoubleTrap as reminder that even 3 month good result, you might still get trap, so must be cautious.

Information is Gold when come to organised. http://winterwongforex.com
speki

Member Since Nov 18, 2009  735 posts speki Aug 14 2010 at 19:05
Oh, now I see what you mean. It's a hare-raising incident how he got away with the turtles' money. He took his time tho. Build a reputation, run a blog, and so on. Well it comes when it's least expected. Alas, I'll have to find another mentor now.

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Patience

Member Since Oct 18, 2009  210 posts Patience Aug 15 2010 at 06:12 (edited Aug 15 2010 at 06:20 )
ForexSeeker posted: Then I seeking way out to this deep failure and become ForexSeeker.
And I keep the DoubleTrap as reminder that even 3 month good result, you might still get trap, so must be cautious.



Thanks for the advice ForexSeeker but all that sounds waaayyyy too complicated for me. I called the account Let's Gamble because, let's admit it, forex is a form of gambling and I thought I could try to trade lot sizes way too big for the account, but I didn't have the cojones to do it so it's just plodding along like the rest of my accounts with low percentage results eek

I wish you well on your journey.

speki

Member Since Nov 18, 2009  735 posts speki Aug 20 2010 at 08:12
Oh! Is it weekend yet?
http://isitweekendyet.com/
Not even an odd numbered day.
Very good going, could be the ride of your life. smiley

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Patience

Member Since Oct 18, 2009  210 posts Patience Aug 31 2010 at 15:19
Well some people on this forum think that you have no right to comment on other people's trading if you can't show an account so I'm showing one just to please them. But don't worry, when that inevitable equity slide comes, I won't be deleting the account. It won't be swept under the carpet. It will remain to remind me how much of a prat I can be.

speki

Member Since Nov 18, 2009  735 posts speki Aug 31 2010 at 18:48
Oh, no worries. I decided to update mine once a week and that's it. Who cares anyway.
Prat? I have a mirror on the wall - it's telling me I'm the biggest prat of them all!!!
Take it easy. Everything right?

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
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