RWFXM - KINGDOM (by robw135) Snabbstatistik
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RWFXM - KINGDOM Diskussion
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robw135

Medlem sedan Jan 17, 2010  140 poster Robert (robw135) Aug 08 2010 at 16:37 (editerad Aug 08 2010 at 16:38 )
Bwizard

Very well said and I believe the same thing when it comes to trading and rules and having an edge.
Here is a vouch for you.

R


Definite Goals & Burning Desire To Achieve Them
bluemele

Medlem sedan May 01, 2010  271 poster Gil Barden (bluemele) Aug 08 2010 at 20:42

robw135 posted:

One thing that I need to point and again this goes with your reading comprehension issues is the fact that I said that I want to hide my trading details and this is true, its not only in our e-mail but if you read my website carefully I clearly state that after a year of history I am going to close my live trades to anyone even the investors. I am not that naive not to think that if I can trade this method profitably for at least a full year (full market cycle) that people will not try to use that information beyond my control by investing my lousy minimum and then copying those trades on a much larger portfolio. If clients want to leave me for that reason, so be it.

R




Robert,

Not to be on the 'other side' here, but I am trying to understand this more out of ignorance than doubting your abilities!

1. Why would you care if someone 'stole' the technique and traded it with a much larger account? Is it because the larger account would impact the market to a point where your entries/exits are no longer valid? That you might lose your clientèle to this person?

2. Do you think Historical trades would impact you to a point where someone would take those and then replicate what you do in the entirety?

3. Why don't you share your 'signals' with a much larger group like through zulutrade, zipsignals, etc. as I would think that would be a better source of income than private investors since you have a much larger source of buyers?

4. How did you learn to trade like this? Did you have a mentor, forums, etc...? Did anyone share anything with you along the way that was instrumental?

I come across so many great strategies and I trade futures, forex and do RE investments, but I fail to understand some facets of the investment world from the eyes of others and I am in this to learn more. :)

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
robw135

Medlem sedan Jan 17, 2010  140 poster Robert (robw135) Aug 08 2010 at 21:48
Gil

I have no problems answering logical questions even if you would take the other side, what Will is doing is guessing and accusing based on guesses.

1. I make no secret of my technique and I'll share it with you if you want to. It just takes time and patience to learn. Its very simple after you know what you're looking for but the problem is 99% of people do not have the patience for it and even if they do they, they don't have the faith in the technique or themselves. I don't think it would impact liquidity very soon, I think I can probably retire on this trading millions without making dent in liquidity

2. Not really, there is no hard algorithm formula that I follow and I choose different pairs depending on how the PA is developing to make the trade so I doubt you would find a pattern. But if someone wants to waste their time be my guest. If someone wants to make an EA I'll share my ideas with you but I just don't believe it will work long term automated.

3. Again, the fees there are too small for the potential of the system as I see it developing and I have no control over the amounts being traded with it and which trades are taken or not. What if someone takes more weak trades then the stronger ones and then goes on a crusade against me like Will does. I'd rather not make that money and avoid those fools. I don't even need to trade OPM so I'll only trade on my conditions with those that are freely willing to accept them.

4. Past mistakes, lots of internet and forum reading, no mentors no gurus - stopped following rules that everyone follows which only led to the same place that everyone else ends up in eventually - helped a lot.

R


Definite Goals & Burning Desire To Achieve Them
bluemele

Medlem sedan May 01, 2010  271 poster Gil Barden (bluemele) Aug 09 2010 at 03:13
Robert,

Thanks, very good information. I would love to see your technique and see how it differs from how I trade as well.

Forex is more or less play for me while I master my futures trading. Always open to new methods. Will contact you when I get through my move.

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
stevetrade

Medlem sedan Oct 28, 2009  1170 poster Steve Boardman (stevetrade) Aug 09 2010 at 10:13

robw135 posted:

One thing that I need to point and again this goes with your reading comprehension issues is the fact that I said that I want to hide my trading details and this is true, its not only in our e-mail but if you read my website carefully I clearly state that after a year of history I am going to close my live trades to anyone even the investors. I am not that naive not to think that if I can trade this method profitably for at least a full year (full market cycle) that people will not try to use that information beyond my control by investing my lousy minimum and then copying those trades on a much larger portfolio. If clients want to leave me for that reason, so be it.

R




Rob, if you're talking about people using MT4 trade copiers, I could be wrong and I guess it depends on the way your broker has set up PAMM accounts but I don't think it's possible to copy trades from a PAMM account. The money is in effect transferred to your central PAMM account and your clients have no access to this account unless you give it to them.


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
robw135

Medlem sedan Jan 17, 2010  140 poster Robert (robw135) Aug 09 2010 at 15:08
Gil

I was thinking about it and you can probably find description of what I do all over the net, but the issue is with implementation.
But I guess that is the key to any method

Steve

No its not about just MT4 copiers, the way its done technologically does not matter, I make so few trades that it can be easily done manually just by following what I do on my account.

R

Definite Goals & Burning Desire To Achieve Them
CasTrader

Medlem sedan Jun 01, 2010  27 poster CasTrader Aug 11 2010 at 11:19
Ouch, what happened Rob?

stevetrade

Medlem sedan Oct 28, 2009  1170 poster Steve Boardman (stevetrade) Aug 11 2010 at 11:26
It's what's known as 'trading without a stop loss'

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
zebra

Medlem sedan Aug 10, 2010  55 poster Zebra (zebra) Aug 11 2010 at 12:02
I agree Steve. No stoploss and being too concerned about a perfect Balance curve. I guess the comments above were not far from the truth... Investors will learn from this lesson.

Zebras may look identical. However, this Zebra is extraordinary
CasTrader

Medlem sedan Jun 01, 2010  27 poster CasTrader Aug 11 2010 at 12:21
He talked a good talk, maybe he'll be able to recover? I see floating equity is around 40% though.

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