the goji system, for lack of a better name

[lavaman]

charithjanitha -

The Never Lose Again thread is probably a better place to talk about this, but I'll answer your question briefly here. Many think TRO is a scammer and his methods don't work (the scamming accusation comes from the fact that he accepts donations for some custom indicators he writes for MT4 - you do not need these to trade his set-ups). I believe his methods can work if employed correctly. He's a statistical trader and goes for relatively small gains that add up over time. I've read his entire thread and have found some of it useful. To employ his systems with any success, at least in my experience, you have to be able to take many small losses as well as wins. This can be tough psychologically as many of us know. Also, the thread can be misleading because those who are trading his systems typically only post their wins, and never their losses.

Update on myself: I still enjoy reading this thread, but with much trial and error I've decided once again that the goji is not for me. One day I'll find the trading style that fits me best... On a positive note though, I've made an 85% increase in my equity level since hitting my all time low last month!

Have a good weekend y'all!

[Sweet Pip]

Originally Posted by charithjanitha

This is off the topic but I want to ask you guys as I have trust on you.

Is “T h e R u m p l e d O n e” a scamer as people say, why is he banned on babypips. What you think about “Never Loose Again” thread started by him.

Please give me some response as I’m a newbie looking for your help. If you think that it is not ethical to write your comments here please be kind enough to send me a email to: charithjanitha at gmail dot com

Many thanks

Hi charithjanitha,
Like I mentioned in my private email reply I just sent to you, this is quite off topic for this thread ..and as lavaman stated, it's better off in the NLA thread, or asked privately. Hopefully your post won't spark a series of further posts on the matter.

[Sweet Pip]

Originally Posted by gojilover

the morning's trade:

8:00 long, 129.69
8:17 exit, 129.59 +10

april total, +292

goji, bernie

Hi goji,
Ok now that I'm here, I just wanted to point out that which is probably just a typo, but if you went long at 129.69 and exited at 129.59, that would be -10...so either you went short, or got the prices switched...

[gojilover]

hi all,


i hope everyone had a great weekend. i am a little late getting the first two trades of the week recorded. they are:

11:15 long, 128.21
11:45 exit, 128.53 +32

8:15 short, 127.78
8:30 exit, 127.54 +24, +56

april total, +348

see you at 3:00 pm,

goji, bernie

[k7420]

Hi goji,

I don't know how do you get perfect entries? maybe you're that lucky enough but over all I don't think I will be profitable using your system. because it's move whenever you enter. good luck, I'm out.

[chasingpips]

Lavaman,

It's nice to hear that you're doing well, way to go!

Unfortunately, I cannot say the same about myself. Trading the original goji system, during April, I lost everything that I made in March and about 40% of what I used to have on my account on March1.

I'm currently sitting on all-time low, recording a new all-time low every trading session, pretty much. Few good trades ussually happen when I take a break after picking up losers.

[lavaman]

Thanks chasingpips,

I have to say though, that I took on way too much risk. Obviously, if someone doubles an account in a week, money management was most likely thrown out the window. Now I've got to get serious. What happened was, my account got to a low point where I just thought "I'm going to either blow this thing or get it back to a meaningful stake if I'm going to keep trading." My plan was that if I blew the account, I was going to hit the demo for the rest of the year, if not, then I'll just see what happens and hopefully learn to trade better along the way. I had completely accepted the risk at this point, but I still ditched the 2% rule completely.

Lately my trades have been a little more long term. I've even learned to go to bed with an open trade, and I think I'm learning some patience from that. I traded the goji again for a while about 2 weeks ago. I was patient and following the rules and I hit loss after loss. I think it's a valid system and of course it works great for Bernie, but it doesn't work for me.

I kind of feel like orpips did in post #676, though I'll try to leave out the sarcasm!

[gojilover]

hi all,

well, i don't know about the perfect entries. at 3:00 pm today, i entered long e/y at 126.65 and right now it looks like we may be getting some upward movement after a lot of jumping around. oops. it bounced back down. i am certainly sorry to hear about some of the problems some of you have been having. this is not the reason i started writing this. i will say that i am right around the corner from a major shift. it will have to do with longer term trading. this is also why i have moved my time back out to the 15 min. chart. ny is closing and i may be in this trade for awhile. guess not, i was taken out, right at 4:00 pm at a max S/L, -23, +33.

see you at 7:00 pm,

goji, bernie

[chasingpips]

Hello everyone,

This morning:

8:15 - 10X short at 1.2935 - exit at -5;

8:45 - 10X long at 1.2940 - exit at SL -10;

9:25 - 10X long at 1.2940 - exit at TP +12.9;

10:30 - 10X short at 1.2955 - exit at SL -10.2;

10:50 - 10X long at 1.2965 - exit at SL -10.2,

For the day: -22.5 which makes a new all-time low. Ta-da!!!

April trading makes me think of implementing the "anti-goji" system, placing orders in exactly the opposite way. I would have made good money had I used it.

[tirasong]

hi Bernie and everyone,

Haven't seen anyone posting in this thread for 4 days....4 days is a long time and wonder how's Bernie and everyone? Hope you guys are fine and happy trading. Still awaiting Bernie's major shifts or modes in trading plans to unvail. I am still demo trading with Oanda using the STARCs and testing some auto EAs. Still not confident enough to go live account yet.

All the best,

tirasong