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SWING EUR/JPY (By olive10000 )

The user has deleted this system.

SWING EUR/JPY Discussion

AJR249
Sep 20 2010 at 20:03
19 posts
Hi
Great trading record. I understand the basic trading principle you're referring to, but is there some more info on your strategy that you can point me at? How much time per day do you spend trading? What time chart do you use? Why did you choose to focus on EURJPY? Sorry for all the questions, but would be great if your could shed some light! :)
Thanks
Armin
olive10000
Oct 06 2010 at 11:33
41 posts
Patience, your absolute gain is around 6%.
Keys for forex success:PATIENCE and money management!
olive10000
Oct 06 2010 at 11:34
41 posts
And please patience, anser this question:https://www.myfxbook.com/community/trading-systems/p-m-m-managed-accounts/52701,5
Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 11:43
230 posts
Absolute gain means nothing. I move money in and out and all around my accounts all the time. I have way more than two accounts. Every time you deposit funds the absolute gain percentage goes down but when you withdraw the funds it stays the same. This was one of my first accounts. I had to deposit money somewhere didn't I? Then I dispersed it to the other accounts. Anyway, I don't know why I'm explaining this to you. At the end of the day, I'm in profit and you are yet to get back into profit and I'll be checking on you to see if you can even make an account last a year.

I have already said that if Ranesh feels it is necessary to prove who he is, he will, so stop repeating yourself. You sound like a broken record.

olive10000
Oct 06 2010 at 11:50
41 posts

Patience posted:
      Every time you deposit funds the absolute gain percentage goes down but when you withdraw the funds it stays the same.


I translate: you made 6 % on the money you deposit, so you can find the same rate in a bank!

Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 11:54
230 posts
Whatever. You are as blind as your accusations. No bank pays 6% in the UK. Get in the real world.
olive10000
Oct 06 2010 at 12:01
41 posts
you can get life insurance in france, for this rate, no risk, this is the real world!
Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 12:06
230 posts
Well you'd be better off sticking your money in life insurance then judging by your performance. I don't want to tie my money up. It's available at any time for me to do what I like with it. Get it.
olive10000
Oct 06 2010 at 12:11
41 posts
For 1157 trades, i think it is low return, big work for small money.
Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 12:16
230 posts
I mean who cares what you think. Seriously. It's a game for me. Saves me going to Vegas to lose all my money down the slot machine. You are just so pissed that you are not in profit that you have to go around blindly accusing people of things that are not true. Once again, just concentrate on getting your own account back into profit and then maybe, just maybe, you might be a nicer and better person for it.
olive10000
Oct 06 2010 at 12:26
41 posts
it seems you care, you came to speak to me.

i would advise you before speaking about people, to be yourself 100% transparent, ( no to hide all details about your account).

you will more trustable in your comments.
Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 12:32
230 posts
Yeah, I'm worried that you might be a little hungry. I don't like to see my French counterparts suffer even though they blew up Greenpeace's Rainbow Warrior. I can forgive such nastiness. I have some very nice French friends.

Need a loan by any chance? I can arrange one at 60% interest if you like.
olive10000
Oct 06 2010 at 12:43
41 posts
This 'greenpeace argument' is very funny :), you won this post battle with it.

And stop dreaming about 60% annual, everybody can see that your abs. gain is around 6%, (600£ on a 10 000£ account)
Keys for forex success:PATIENCE and money management!
Patience
Oct 06 2010 at 12:52
230 posts
Even if it was £600.00, it's still money isn't it?
olive10000
Oct 06 2010 at 13:03
41 posts
You came to my system page, to agress me, so i just answer you.

So you finally decided to stop your agression , thank you.



Keys for forex success:PATIENCE and money management!
AJR249
Oct 06 2010 at 13:31
19 posts
Dear 'Patience'. You are an aggressive, rude, sexist, xenophobia asshole. People here should just not waste their time talking to you.
olive10000
Oct 06 2010 at 14:16
41 posts

Patience posted:
    . I'm going to give you the silent treatment now. It's what we women do best.


:) i see
Keys for forex success:PATIENCE and money management!
speki
Oct 06 2010 at 14:31
735 posts
Ha-ha. You mean 'realist'.

AJR249 posted:
    Dear 'Patience'. You are an aggressive, rude, sexist, xenophobia asshole. People here should just not waste their time talking to you.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
speki
Mar 15 2011 at 06:44
735 posts
Time seems to be on your side, Olivier. Real, verified, public, with profits. What else do you need. Good manual trading.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
rfx (ranesh)
Apr 16 2011 at 06:38
257 posts
(I am making the following post in this thread in response to the comments made by olive10000 on my thread)

In the first few months of being a member here you never revealed that your real intentions (or should I say ulterior motives) here was to find investors. Instead you simply pretended to be just another private trader with no commercial interest whatsoever. Patience was right afterall about why you were posting BS on my thread.

Now lets take a look at your devious ways shall we?

https://www.myfxbook.com/members/olive10000/eurjpy-breakout/32104 >> Account blown and deleted from myfxbook


https://www.myfxbook.com/members/olive10000/fx-bk/57924 >> Account blown and deleted from myfxbook


https://www.myfxbook.com/members/olive10000/olivier/31438 >> Account blown and deleted from myfxbook


Now lets take a look at how you gamble instead of trading.


If it was your own money this wouldn't have mattered.. but since you are managing other people's money, everyone here should be informed about the way you would gamble with their money instead of trading.

This account started with 2000 Euros. The last time I bothered stopping by here and took a look at your stats was sometime in October... when you were making BS comments about Patience's trading.

In October, this account was still showing NEGATIVE gains and the account was not in profit. In fact, if you take a look at the chart you will see that this account went straight into losses from the very start. A comment made by Patience here on this thread in October substantiates it. He's also had to top up his account with a further 6000Euros thereafter to create additional margin to keep the account afloat. That is 3 times his original capital.

To get back into profit, olive10000 here desperately gambles with over-leveraged trades.

See attached screenshot of losses of over 13% from a single trade from just ~43pips.

<a href='' target='_blank'><img src=''/></a>



Also see attached screenshot which shows over 52% gains from a single trade from just ~220pips.

<a href='' target='_blank'><img src=''/></a>


He seems to be losing on average an estimated 10% per trade quite often. Just 10 such consecutive losing trades will wipe out the whole account. You will see that having 4 or 5 consecutive losing trades is quite the norm for this guy.

Take a look at the big spike up on 06Jan2011. Now see the screenshot which shows the trades that caused that spike up.

<a href='' target='_blank'><img src=''/></a>

Closing Balance on 05Jan is shown here :

<a href='' target='_blank'><img src=''/></a>


You will see that he has opened 9 lots with only a balance of a mere 6,226Euros. That's a leverage of 144:1. He seems to be trading or should I say gambling on guts and instincts of 'this is going to be a definite winner' so lets pile it up!!

If you pay close attention to the chart you will be able to notice that his gambling with high leverage is a recurring pattern. This account itself has come close to being busted. If he continues this way of gambling, it is just a matter of time before he blows up this account like the other 3 accounts he has already blown up.

Now.... you the members of myfxbook make your own judgements based on the facts that have been presented and arrive at your own conclusions on whether olive10000 is a gambler or a trader, keeping in mind his deceit and that he is hustling for naive investors, whose hard earned money it is that will end up getting busted.

I rest my case.

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