Inner Circle Trader (de forex_trader_72724)
Lutilisateur a supprimé ce système.
Discussion Inner Circle Trader
Feb 08, 2013 at 14:59
OohYA posted:
Wow, are you guys for real? This guy is some pro trader but his results are so bad?
Or, as you say he is trading in the opposite direction? please don't fool yourself, it's a lot easier to lose than it is to win.
I can't understand why this is in the top 10 list, talk about injustice!
Troll Denied.
Feb 08, 2013 at 15:00
jenx posted:DGilberto posted:You're absolutely correct with this.It's not the losses or percentages that are questionable. If you study the individual trades you find that ,not all, but most have been made in the opposite direction to which Michaels concepts would normally be traded.I think this is probably beingthis is being employed as an educational exercise and what he is doing is getting people to study the trades themselves and decide whether they're valid or not. Personally ,I consider him to be a genius in the field of forex.
Before writing on here, I'd kindly suggest a lot of you actually understand trading systems and their likely expectations/risk of ruin/drawdown probabilities -
Click on 'Inner O Trader' at the top of this page to read my long post regarding 'likely drawdown' in relation to Michaels trading...
I appreciate a lot of you are new to trading or think you know what you're talking about, but even the best discretionary trader in the world would go through these types of severe drawdowns based upon what he wants to achieve with his risk profile.
A lot of you need to remember that you dont actually understand trading from a probabilistic statistical approach, or you're being incredibly unrealistic with what you're expecting from the market place...
Slow down with your thoughts and come back in 6 months... He'll only be expecting a bunch of rookies to write uninformed jibberish on here...
LOL that was hilarious! Hahaha! An educational exercise in losing, aren't the majority of traders already experts at this? I guarantee I can lose better than this, would you like me to open a new myfxbook and prove it?
Yeah, trading ain't that hard...
Feb 08, 2013 at 15:36
DGilberto posted:
Troll Denied.
Are you kidding me? I am not trolling, I'm asking genuine questions. I joined myfxbook to record my own progress, and I see they've got a most popular systems section. I see all of them in the top 10 are making significant profits, whilst this one isn't. I don't understand that, could you explain?
I see from the posts here that this guy supposedly trades in the wrong direction on purpose, but yet you guys are considering him an expert on forex. I can lose more in one day than he did throughout this system's history. What's the whole point?
Yeah, trading ain't that hard...
forex_trader_89693
Membre depuis Aug 31, 2012
posts 54
Feb 08, 2013 at 15:55
(édité Feb 08, 2013 at 15:58)
Kuzia posted:
Imagine now if you can lose more than him, you can reverse and have a holy grail dont u?
Brilliant!! we hv thousands of crap systems/EAs here in myfxbook that's great at losing..all we need to do is take all of them and reverse the signals and we would hv thousands of holy grails..now why didn't i think of that? 😀
Feb 08, 2013 at 16:14
Wow, this dude. The rudeness of some people! Good luck with your trading Mr DGilberto. I sincerely wish you the absolute best in all your endeavours. If you are indicative of the rest of the people following this guy, then I have no interest in joining along.
Man, like seriously, learn some manners!
Man, like seriously, learn some manners!
Yeah, trading ain't that hard...
Feb 09, 2013 at 08:48
NairSys posted:Kuzia posted:
Imagine now if you can lose more than him, you can reverse and have a holy grail dont u?
Brilliant!! we hv thousands of crap systems/EAs here in myfxbook that's great at losing..all we need to do is take all of them and reverse the signals and we would hv thousands of holy grails..now why didn't i think of that? 😀
there is no holy grail, but you can take some methods that consistently don't work, flip them around and might have something that works. i'm not sure at this stage if the trader was intending to trade badly or not. we will see in a few months. this is not a mechanical trading system by the way as far as i know its very discretionary.
Chram the pips into oblivion
forex_trader_106534
Membre depuis Jan 14, 2013
posts 24
Feb 09, 2013 at 08:56
ICT was trading the exact opposite of the trades that were identified, it's a long story, have no doubts that this account will grow exponentially over the coming months.
We use tried and tested methods going back decades, ICT has been kind enough to produce a tonne of material to illustrate this and put his own twist and added a few of his own techniques to them, be patient, keep watching and you will reap the rewards.
He has taught his methods to hundreds of people through forums, with a very large number of us trading very successfully.
We use tried and tested methods going back decades, ICT has been kind enough to produce a tonne of material to illustrate this and put his own twist and added a few of his own techniques to them, be patient, keep watching and you will reap the rewards.
He has taught his methods to hundreds of people through forums, with a very large number of us trading very successfully.
Feb 09, 2013 at 15:54
I would imagine that as he is trying to get people to study his trades before just copying them. If you are in any way 'au fait' with his concepts,then a quick analysis of the charts would tell you straight away whether it was valid or not.It may be that as he makes a trade it's something you were considering anyway which would maybe give you some confidence to take it if you needed it.It may be that the trade is the exact opposite in which case,do you have the confidence that you made the correct analysis in order to take it? The trade may not make any sense, so do you blindly take it anyway or do you 'sit on your hands'.
I
I
It's not what the market does that matters, it's what YOU do
Feb 09, 2013 at 16:08
I'm absolutely convinced that in Feb 2016 this account will sit at $1M. It's how it'll get there that will be fun. I believe his ability is such that the target is so ridiculously easy that he can throw in as many of these curved balls as he likes and still do it. It's kinda like 'Feel free to follow along but make sure you know enough about what I taught you to know which trades to take otherwise you're just in the herd' ! I might be wrong but thats my take on it.
It's not what the market does that matters, it's what YOU do
Membre depuis Feb 09, 2013
posts 8
Feb 10, 2013 at 06:31
hi Micheal,
you are a good man and i believe you are a good trader and will make it to a substantial money amount on the 1mil account.....but i am not buying into those white lies you served lately.
the medium trading results in the first 2 weeks //which in my book were fine - capital preservation as number 1 priority// turned your act into a mess where you substantially turned the whole thing into a cover up of it being all intentional.
i am not going into discussion with anybody over it //bits and pieces of what parts are those white lies//. i just wanted to get off my chest because i believed in yr high standards as a righteous man,,,for real...
oh well. i can call it an internet life or just a life.
GLGT
you are a good man and i believe you are a good trader and will make it to a substantial money amount on the 1mil account.....but i am not buying into those white lies you served lately.
the medium trading results in the first 2 weeks //which in my book were fine - capital preservation as number 1 priority// turned your act into a mess where you substantially turned the whole thing into a cover up of it being all intentional.
i am not going into discussion with anybody over it //bits and pieces of what parts are those white lies//. i just wanted to get off my chest because i believed in yr high standards as a righteous man,,,for real...
oh well. i can call it an internet life or just a life.
GLGT
Membre depuis Sep 07, 2012
posts 64
Feb 10, 2013 at 06:32
DGilberto posted:
Before writing on here, I'd kindly suggest a lot of you actually understand trading systems and their likely expectations/risk of ruin/drawdown probabilities -
Click on 'Inner O Trader' at the top of this page to read my long post regarding 'likely drawdown' in relation to Michaels trading...
I appreciate a lot of you are new to trading or think you know what you're talking about, but even the best discretionary trader in the world would go through these types of severe drawdowns based upon what he wants to achieve with his risk profile.
A lot of you need to remember that you dont actually understand trading from a probabilistic statistical approach, or you're being incredibly unrealistic with what you're expecting from the market place...
Slow down with your thoughts and come back in 6 months... He'll only be expecting a bunch of rookies to write uninformed jibberish on here...
So,is the man 'reversing' his trades or just being part of the statistic? Which one is it... I'm also surprised and puzzled by his taking of profit, it shows a certain insecurity with the original analysis that he must have done. Losing trades look quite gracious tho, so I say it is possible that he is bating the trolls with those...Anyways, I beleive in this man and his experience and I cheer for him, and quite selfishly to add, because, if he can't do this with his accumulated knowledge, what chance then do I have to succeed in this market with my one year invested, lol !? :)
I also rather enjoyed this little cartoon posted on Youtube, keep those coming too, Michael! Have a good weekend gentlemen.
Carpe diem
Feb 10, 2013 at 07:13
I don't understand all the doubt, I've witnessed this guy call highs and lows weeks in advance in numerous PTC videos (within a few pips). If you've followed Michaels material for long enough (and used it) you should have no doubt in his abilities.
I find it funny how people are so quick to jump ship and discredit his methods even though he's explained why his account is in drawdown. Looking forward to the next few months and the reactions of people eating there words on baby pips lol.
I find it funny how people are so quick to jump ship and discredit his methods even though he's explained why his account is in drawdown. Looking forward to the next few months and the reactions of people eating there words on baby pips lol.
Feb 10, 2013 at 20:07
Kuzia posted:
Corey very well said ;) i would like that Michael would never put his videos back, cuz after half year or so everybody will scramble to find his work and some of ppl not worth them...
This is the selfish attitude that is generally prevalent amongst unsuccessful traders.
I've had a look at this guy's stuff on BabyPips.com, or rather what is left of it. Seems like he was a decent guy but then he went and deceived everyone by trading negatively. Weird, why didn't he have the decency to tell you guys that he wasn't trading properly? I can't say I've seen many professional traders who deliberately lose when there are alternatives such as making trades private.
Yeah, trading ain't that hard...
Membre depuis Oct 25, 2012
posts 6
Feb 10, 2013 at 21:55
I think it was a good that he did what he did... most people just want the fish and don't want to do the leg work to learn or even have the patience that it takes to come up with a game plan and see it to execution.... I'd bet a nice sum that by EOW he'll be back in the green...
GLGT
JB
GLGT
JB
Every day is a great day to measure yourself against your own potential - Bud Wilkison
