The System That Trumps All Systems

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dchappy
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Postby dchappy » Mon Nov 21, 2011 6:16 pm

:?:
Last edited by dchappy on Tue Nov 22, 2011 12:12 am, edited 1 time in total.

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bredin
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Postby bredin » Mon Nov 21, 2011 6:20 pm

Hmmm.
Wow.

A recap of the thread so far....

Guy shows up from nowhere and proclaims to have the best EA idea ever that will make everyone rich...

Guy wants us to make a serious time commitment based on the excited tones in this voice and without knowing anything about the project or, more importantly, the person

Having been stung before, and quite recently, people exercise caution... you see kreslik is open minded: provided we're given enough to be open minded about.... the excited proclamations of a first-time poster, without so much as a single markup of the trades this robot would supposedly take, doesnt exactly generated any interest.

Guy takes his bat and ball and goes home.

You see, I dont see anything in your posts that makes me want to get into business with YOU. Hell, look at your own posts and ask yourself, "Would I get in business with that guy?"

Anyway. Good luck.

G. (I dont need your robot, btw)
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forexjake80
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Postby forexjake80 » Tue Nov 22, 2011 11:18 am

There is a thing i was wondering about signalbender already, but i am still not sure about that: What are guys like him or Signalbender (in case they really are 2 different persons) are trying to accomplish?

1.
Its an Internet Forum. No Girls are watching. Everyone is anonymous. So his motivation can not be to boost his ego by showing everyone "how great" he is, can it?

2.
I suspected Signalbender was trying to lure people into signing some contract, which would allow him to sue its victim for some money. Same here?

What i am not able to comprehend is the start of his post. He is writing how bad his System is, guaranteed not accurate, etc.
Whats the deal with that?
It's time to kick ass and chew bubble gum. And I'm all out of gum.

Relativity
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Postby Relativity » Tue Nov 22, 2011 11:37 am

forexjake80 wrote:There is a thing i was wondering about signalbender already, but i am still not sure about that: What are guys like him or Signalbender (in case they really are 2 different persons) are trying to accomplish?

1.
Its an Internet Forum. No Girls are watching. Everyone is anonymous. So his motivation can not be to boost his ego by showing everyone "how great" he is, can it?

2.
I suspected Signalbender was trying to lure people into signing some contract, which would allow him to sue its victim for some money. Same here?

What i am not able to comprehend is the start of his post. He is writing how bad his System is, guaranteed not accurate, etc.
Whats the deal with that?


I like it when u said no girls are watching. LOL!

No idea about the contract. But what I can tell you is that his system does work. Of why he chooses to boost his ego here, that I have no idea.

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forexjake80
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Postby forexjake80 » Tue Nov 22, 2011 11:59 am

How do you know it is working, Rel?
Why is he stating "It will ALWAYS lose money every single day" ?
Why is he stating "It will ALWAYS fail" ?

In case he is not a scam artist, there are couple of things which raise the red flag:
-fancy name for his System
-fear of lost sales pitch
-he is explaining himself, which is alway suspicious

And again: Why the hell is he stating how great his system fails and loses money? O.O
It's time to kick ass and chew bubble gum. And I'm all out of gum.

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Relativity
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Postby Relativity » Tue Nov 22, 2011 12:14 pm

forexjake80 wrote:How do you know it is working, Rel?
Why is he stating "It will ALWAYS lose money every single day" ?
Why is he stating "It will ALWAYS fail" ?

In case he is not a scam artist, there are couple of things which raise the red flag:
-fancy name for his System
-fear of lost sales pitch
-he is explaining himself, which is alway suspicious

And again: Why the hell is he stating how great his system fails and loses money? O.O


1-Because every system is bound to lose some money, just how much.
2-If you are trading a horizontal line placed at the correct position and losing ALOT, it simply means you just have to reverse your logic and instantly you are successful.

In regards of his sales pitch, I do not care.

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forexjake80
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Postby forexjake80 » Tue Nov 22, 2011 12:20 pm

... lol... allright... accuracy rating of less than 4%? Whatever an accuarcy rating is, 4%, that is not much...?
How do you know his "system" is working?
It's time to kick ass and chew bubble gum. And I'm all out of gum.

Relativity
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Postby Relativity » Tue Nov 22, 2011 12:25 pm

forexjake80 wrote:... lol... allright... accuracy rating of less than 4%? Whatever an accuarcy rating is, 4%, that is not much...?
How do you know his "system" is working?


Coz I use a system almost similar to his now. LOL! This is why I am ignoring his offer.

As for the accuracy part, here's some guesswork and experience on my part :

1-Try the system and deliberately learn how to lose for 1 or 2 weeks. Feel the pain and remember it! Meaning, its easy to lose. But its very hard to learn how to lose deliberately and with purpose, to force one to learn how price moves in terms of volatility.
2-Now reverse the logic and you are now have a 96% accuracy win rate.

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forexjake80
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Postby forexjake80 » Tue Nov 22, 2011 12:32 pm

let me rephrase: how do you know his "system"?
It's time to kick ass and chew bubble gum. And I'm all out of gum.

Relativity
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Postby Relativity » Tue Nov 22, 2011 12:39 pm

forexjake80 wrote:let me rephrase: how do you know his "system"?


Read his Line In The Sand thread at FF.
Then reverse engineer it in terms of (at least according to what I know) :

Supply and Demand Areas
Zigzags / Wave Patterns
Pip/Time Efficiency
Use some EMAs if you can't 'see' it
Game Theory / aka 'Defending' your line

The only part I am missing is understanding how price moves precisely during certain market sessions, but I personally think it can be ignored.

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