Silverthorn's Posts - Page 2

THERE IS NO WAY IN THE WORLD HE IS A CFA.Prove me wrong............ Upload your Membership number so I can verify you are a CFA charterholder and member of CFA Institute and not just a BSA!!

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 23, 2014 at 06:08

While we are talking about fairy tails and general BS we've all heard the "statistic" quoted so frequently that less than 10% of traders make any money and that over 90% are going broke.Scroll to the bottom of this page http://www.myfxbook.com/community/outlook and explain that!According to MFB 47% of real account traders with verified accounts are profitable. (That does not include you Master_Kiwa I can do the math so don't get carried away. Before you start. Yes I know, Real account, Show you something, Verify this, Prove that....... STFU!!!!)

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 23, 2014 at 04:58

Yes I would. I'd still be here telling you that you are a clueless idiot who does not know when to shut up and leave well enough alone. That glimmer of hope for you is long gone.There is no hope of this thread ever being productive as long as your narrow minded inconsiderate garbage continues to be inflicted on others. Nobody really cares any more about the content. This is just like watching a car wreck. It's mindless and serving no purpose but somehow I just can't look away. What exactly is it you are trying to achieve here any way? The only thing I can see you achieving...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 22:38

Soon it will be like.......THE MARKET IS OPENTRADES IN PROGRESSI'M WORKING ON A MATH PROBLEMI HAVE A REAL ACCOUNT BUBBLEI HAVE A TRIANGLE WITH ONLY TWO SIDESPIP DRAW DOWN I HAVE A PICTURE OF A FERRARI THIS IS MY TRADING JOURNALZero/.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 09:36

Beer :) Now there's something I understand instantly. Great idea...... Cheers!!😀

Traders Give Birth to a New Idea, premier announcement in New Traders Jun 22, 2014 at 08:14

Hay Bob. I see Pegasus is coming back nicely after your last tuneup. Great to see.Still undecided on the common language. Not critical of your efforts just not sure I see the need. I travel internationally a lot and always have. I lived in Africa for a number of years. I've been in Germany, The Netherlands, Austria, Denmark and Italy this month. I speak only English (well the Ausie version of it) and it's very very rare and becoming even rarer that I am not able to communicate with people in other countries using good old English. My communication needs vary from very technic...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 05:05

Mate I haven't got a clue what you are trying to say here but strangely it makes more sense to me than most of the crap that has been posted in this thread!!

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 01:01

You duck, Your weave, You swing around in the dark but you're yet to stick one.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 00:58

Shame on you!! Hang your head and leave the Forum.... :)

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 22, 2014 at 00:24

Who started this BS myth about the bubble any way? http://www.myfxbook.com/files/Silverthorn/BS_Bubble.pngJust click on the BS bubble and you can change it to anything you want. Who started this, it's another Fairy Tale.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 21, 2014 at 23:18

Please note......... I don't give a crap about PIP-DRAWDOWN. I think it's a rubbish stat and relative to the time frame you are trading over and trading style. Risk Reward tells you FAR more about your trading accuracy. a 2 pip draw down on a 3 pip trade is rubbish. a 10 pip draw down on a 100 pip trade is good. It does not consider the Time Frame, Stop Loss or TP of a trade. It's relative and indicative at best.Equity Growth however is universal, it is the true indication of success, it is the net result of doing things right or wrong and is by far the best indication of th...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 21, 2014 at 23:01

In my opinion forget about Pip Draw Down it means nothing. Focus on the distance between your Account Balance and your Equity. That's the difference between the money you think you have and the money you really have. Thats the money you can withdraw and spend.When they are no longer friends it's time for tick tick BOOM!!If you can keep the Equity above the Balance then you ARE a God of trading.How can a scalper possibly pick true Tops and Bottoms anyway? They are not even looking at the big picture. The Bottom probably happened a week ago and the Top won't happen for another w...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 21, 2014 at 22:44

It's like asking if a trend line is in the right place. Who knows how they calculate this stat. It's an indicative BS stat really. For it to really mean anything and be accurate you would need to close MT and trade off the MFB charts. Do the same chart in every time frame from M1 through D1 and the movement will look different in each one. So where did the move really start? Where was the true top and bottom? On the M1 chart you may have nailed a move from top to bottom but when you look at it on the 1H chart you see that you grabbed the middle of a much bigger movement and the...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 20, 2014 at 22:39

It is supposed to show how much further a trade would have continued in the direction of your open position before reversing. Or how far it reversed from the top or bottom before you closed the position. In other words it's an indication of exit accuracy and can be a dangerous stat that will encourage you to chase tops and bottoms. I believe that if you followed your trading rules it was a successful trade even if it lost money. If you broke your trading rules or intervened in the functioning of your EA it was not a successful trade even if you made money. Second guessing to chase tops...

Is forex gambling? in Experienced Traders Jun 20, 2014 at 16:35

Complete Ignorance!! Bob is a US citizen. His original successful EA can no longer be used on a US account. (if you can't figure out why you really need to STFU and go away and learn more before you run off at the mouth)Bob is now in the process of developing a variation of that system that can again be used on a US account. It's still a work in progress. And a pretty good one to. What exactly would you have him put live at the moment genius?Sorry if that may be a bit harsh but had to be said. Oh by the way. Gday Bob!!

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 20, 2014 at 16:17

Actually I did just take the time to have a read and for the first time I think there may be a glimmer of hope. Preceding with (IMOH) helps.Understand that EVERYBODY gets frustrated when other people judge or measure their trading based on their own methods without understanding fully how they work. I haven't got a clue how your trading system works and I don't really care. If it works for you it works. Just don't be so quick to judge others based on your standards and beliefs and I'm sure everybody will return the courtesy. What you say above may be very appropriate for yo...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 20, 2014 at 15:47

Yeah whatever. More BS. Not even worth the read.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 20, 2014 at 15:46

Ahhh The good old days!! http://www.myfxbook.com/files/Silverthorn/teaparty.jpg

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Posts by Silverthorn