Drain the banks

Relativity and forexdude12,

I NEVER said I didn’t know how to trade his strategy. Why is it do difficult to talk to someone concerning this strategy? Anyways…

Don

Communtication is a TWO WAY street. The responsibility of clear, concise communtication lies both with the sender and the receiver. As a receiver, you must make sure you understand by confirming and clarifying. disbellj, you offer of coding an EA has nothing to do with your understanding this method. You take pride in the fact that you were instrumental in getting TheRumpledOne banned from BabyPips. Why are you reading about his methods in the first place?

Peirce,

No I do not take pride in that fact. I was wrong. Never let a guy forget it though. Plus, no one wanted to discuss it back then, so as I said, if no one wants to discuss it, then that’s fine. And FYI, me offering to code an EA for a method has ALWAYS helped me understand the method better. Coding an EA is going by instructions and has NOTHING to do with me understanding a strategy. I have coded many things that I later came to understand exactly what I had coded. So if you or anyone else would like to have a civil conversation on the merits, point to the newest changes/version/template, then that would be cool too. I know I followed 8 revisions, and both posters here recently said they added something to the strategy, therefore not making it the original strategy anyways. So then if it is changed and not the original strategy, why is it again I get beef for wanting to know rules if I am to make an EA? FYI, I have made MANY EAs, don’t get a chance to test each one, and above ALL other EAs, trying to get someone to communicate concerning anything connected to Drain The Banks has been the biggest headache of all. Maybe I shouldn’t bother trying to do anything nice. Am I hurting anyone by offering to make an EA? If so, I’m sorry I’ve stepped on toes years ago and that it can’t be forgiven. I’m sorry, for the record.

Kindest regards,

Don

All I EVER wanted to do was understand his method and put it in an EA. Making an EA would have helped me understand it a lot sooner. Me asking questions was viewed as demanding unfortunately. It took me years to understand it because I was seen as an enemy from the get-go because I asked questions and expected answers. If I had made an EA it would of helped a lot of people (yet I’m told I hurt a lot of people by TRO???).

It seems an EA from me or anything from me has never and is never going to be wanted. You are right. Communication is a two way street. And from my side all I see is I’ve tried to communicate for YEARS and no one wants to communicate with me. So one could say everyone’s non-communication is what killed the thread. Babypips killed it. I didn’t. They saw that endless pictures with nothing else, like instructions or ANYTHING of value, was filing the thread. They didn’t appreciate it either. I am not the only member of Babypips who mentioned endless pictures and no communication/instructions. Multiple people did, and Babypips agreed.

Now, if anyone wanted to share back then - remember communication is a two way street - then I’m sure the thread never would have gotten shut down. So anyone that wants to keep a chip on their shoulder because I tried to make an EA for the ever-changing method and actually needed concise information to be able to do so, can get over themselves.

I was and am trying to do something good. If you don’t like it, tough. I will make an EA if I want to. You and others will miss out on having it. If you or others want to keep kicking me years later, you have the problem, not me.

The thought of the irrational behavior initiated by me wanting to make an EA and needing instructions to do so is absolutely unbelievable. I tried to make sure I understood by “confirming and clarifying”, but if no one will confirm or clarify, then again, that is not my fault. Communication has been shut down to me for years on purpose. I hope you are all satisfied, acting as if I did something personal against you. Grow up.

What I’m most sorry about is ever following DTB over 8 revisions and ever asking a single question of TRO. I GAVE my money management equation to fix TRO’s MM indicator he made for Dragon, I gave it to fix Dragon’s MM indicator which would have blown traders’ accounts without my input, but I can’t ask a question. I can give, but don’t ask for understanding in another area. How demanding of me. Sheesh. The irony is palpable. And if you think I take pride in the thread getting shut down, you are mistaken. Stating facts is different than having pride in something. I stated the facts, and babypips agreed with me and others. So I still say, you want to Communicate? Do so then. You don’t? You hinder the process, not me. So blame yourselves for the people that have been hurt. I haven’t hurt anyone by trying to make an EA. Anyone who says I have needs to get a reality check.

Don

I basket coder who has done more than any other coder that I know of to help others in basket trading, for free like me, said this:

“The bot can only be as good as the people who designed it, not on the person who coded it - therefore leaving the bot to my design is NOT A GOOD IDEA”

In short, an EA coder FOLLOWS INSTRUCTIONS from the DESIGNER of the strategy/system. If vague instructions are given (as in the case of Never Lose Again, which turned into DTB, but rules from Never Lose Again were just supposed to be understood that they were part of DTB), changes happening multiple times, all without giving original instructions or updating instructions, and I am left to fill in the holes, since TRO got mad and didn’t want to answer questions concerning DTB, then you end up with no EA even after years.

I didn’t design DTB, so who would I ask except the designer to clarify by me asking questions? Yet asking questions and actually expecting answers was seen as “demanding”. You all want to know why there is no EA? TRO doesn’t answer questions and calls people demanding for asking them.

Pertinent reasons why someone may need to be told something, and more than once? Statistics:

  1. Within 3 days, the human mind forgets 80% of the knowledge it acquires.
  2. The 21-Day - 3% Rule: Over the next 18 days, a person continues to lose information until the mind settles on retaining only 3% of the original, acquired information.
  3. In a leraning environment, the human mind daydreams 22 minutes out of every 30, leaving only eight minutes of focused learning.

Now psychology is VERY important as TRO points out, but so are rules if anything is to be understood. The ONLY way for a trader to NOT trade by emotions and feeling is to have RULES ( so that when trading, the rules keep the trader from getting emotional ) . Got it?

So anyone who wants an EA for a strategy, they can give info and one can be attempted. But I don’t read minds, may have questions while trying to build, that may need answers, and that’s part of development. That’s how development happens. And who is to blame for making development stand still? The one who MADE the strategy: TRO. Now, tell me again how conversation is a “two-way street” and tell me I haven’t communicated. All my posts prove that is not true. I have communicated and asked MANY TIMES for the “other side of the street” to repsond. No one on the “other side of the two-way street” has anything to say except garbage that has nothing to do with making the strategy understandable. You all ever want to stop the “rebel without a cause” BS let me know. I’ve always been available and willing. Other than that, all I continuously see is the statement “It works”. That helps so much in helping everyone understand it better <sarc>.

Don

@ Don / disbellj

I would again, agree with Peirce.

If no one wants your offer of EA, there isn’t a need to get upset or something. Just move on.

There are very specific reasons why and when TRO doesn’t answer questions (speaking from personal experience + I do have lots to thank him for my success today)

Thank you all for being so sharing (cough) <sarc>

I did try to understand it for a long time and invested a WHOLE LOT of my time trying to understand MANY of TRO’s strategies, but I know none of you care.

You’ve all let me know you don’t like me and it’s personal against me, so you all have a good elitist life. If you don’t want me to understand better or let me be a part of a group, ya’ll made that decision long ago anyways. Have a good life.

Kind regards,

Don

Perhaps our messages were crossed. Nobody is picking on anyone. I understood you stating one thing and you were trying to convey to me something about building me an EA.

If you do a bit of searching on the internet. There a couple of EAs already coded for this. Again, you need to know what you’re doing before setting it loose to trade for you. Maybe you could give one of those a try and build upon it?

forexdude12,

Like I said, nevermind.

I followed TRO for as long as I did because he acted like he wanted to be my mentor. I wanted to Drain the Banks because this is what my mentor as doing supposedly (it’s easy to point at history and claim anything), but I couldn’t keep up with his ever-changing system and total lack of teaching ability (if you don’t know it, I’m not gonna tell you LOL). Why would I want to be a part of a group that does not want me and never really has, even though I gave and yes expected my mentor, who would give me tools and not explain them, to explain them. As I was reading another thread recently on this subject, I was once again shown why I quit messing with TRO (other than me sending HIM stuff as appreciation for introducing me to a couple basket-trading threads I appreciate, so I send him updates on what I do, what a bad guy I am huh?). As the gentleman said on the other thread “It’s like I ask him the time, and he talks about the weather. I ask him again, and he talks about the football game. I ask him again, and, well, you get the drift”. He’s the most evasive person in answering questions that I’ve ever met.

FYI, I just attended a webinar where the presentation was so good, that I was able to instantly know what tools they had on chart without them telling me, and I could understand the rules of their system because they showed trading in step-by-step video. I made an EA by that night. One seminar. Reverse-engineered in less than two hours by watching the video I made of the webinar. An EA finished in less than three hours. Not bad. The alternative was to spend thousands of dollars to get this system yet I’m so stupid I figured it out quickly. So I’m not the problem and never have been. I have a history of my education and my career showing my academic and hands-on excellence. I have no need for BS, and actually have a low tolerance for it.

Now compare that with me following TRO around for MONTHS / OVER A YEAR and staying confused because he simply does not answer questions. It’s like pulling teeth. Who needs it. And when TRO turns against you, his crew does too, so you can say that no one is picking on me, but I can’t post on ANY DTB thread and not have people give me beef for wanting to understand and make an EA. I have one person that I am working with on an EA. BTW, if you know where a DTB EA is, kindly point me to it. I have yet to see anyone make a successful one (who would know if it’s actually DTB LOL).

I have yet to see anyone besides TRO and his aliases make money with it. I have yet to see the full set of rules LOL. Just ONE example. Don’t go against the hour. This was in Never Lose Again thread (before Drain the Banks came along, yes I was with TRO for a long time), but not mentioned once in Drain the Banks rules, yet someone was supposed to automatically know this, and I was personally scolded by TRO over asking this very question. Nonsense. The man shows pictures of a lot of stuff on his chart, says some mystic “guru” mumbo-jumbo every time he’s asked questions. I probably should start calling him Rodger Dodger in my email group (which he is a member of).

He says I hurt a lot of people because HE got his thread shut down at babypips. He hurt a lot of people (and their EYES) with all the stuff HE puts on chart and doesn’t explain even after MANY pages of people asking the SAME question (and yet has the audacity to down “squigglies”). Could have been one explanation. One page. Instead of pages and pages of him evading questions with new pics and new strategie to MANY people. Not just me. MANY PEOPLE.

And he hurt me personally because I was searching for truth, searching for answers, desperate, and he toyed with me a long time. Yet he taught others supposedly and held out on me. Why? He was my mentor. My IB. Why? Because “TRO answers questions if he wants to”, which you can see by his actions. Just read any TRO thread and see the same thing. As a newbie over 4 years ago, I needed guidance, not an endless array of scolding for asking questions. He hurt me. He made it personal. I’m sure he has hurt many in the same way. Am I perfect BTW? No. But at least my quest has been for answers, not to get a thread shut down or to keep truth away from others under the guise of trying to help them. “There are people who understand it” doesn’t help me, especially since none of them will talk about it LOL, and frankly just changes subjects away from his lack of either real teaching ability or his total lack of care if anybody really understands what he says. Glad to see real traders don’t fall for it. I just wished I could have by-passed the years of crap. But yes I wanted to do what my mentor did, but he obviously wasn’t a real mentor or he would have given more care of whether I did understand or not. And that IS A FACT.

Someone on another thread said that (using TRO’s analogy where he said pilots look at gauges in a ****pit to fly the plane), the person rightly replied “Yeah, but no one is gonna put a pilot in a plane without training them on exactly what each of those gauges mean and exactly what each does”, which is truly NOT ANYTHING CLOSE TO the “support” you get with TRO. I know. Been there. Done that. He gives the pilot gauges and says if you don’t know how to use them, don’t fly. Really helps a person learn to fly huh? LOL. This is so funny I can’t stop laughing.

Now, after years of wanting to squash this beef, giving him free stuff, and leaving everything alone and let the crap die down, I come to this small thread hoping someone would be kind enough to want to discuss it for real. It’s rules, mertis, etc… Let’s call it the one loose string where I have an EA built with my interpretation, but there are other interpretations by others of this “simple” system, which is actually not one system, but multiple systems thrown in, and when the degrees in the thread start to rise, we see all these strategies come out of nowhere and it’s no longer drain the banks, it’s a myriad of pictures of other strategies (this is common with RodgerDodger if you don’t know, and stems out of him not once giving complete instructions and treating many intelligent people like myself who try to follow him as if they were stupid). “If you don’t see how to trade this, don’t trade it” means simply “If you don’t understand, I’m not going to tell you”. Easy way to once again show his lack of true care. There’s just as many followers who used to look up to TRO and defend him on public forums because he asked us to, who since then have shown they don’t truly understand it themselves. Some are ashamed to admit it since they know TRO and his group would turn on them if they questioned.

I’m done unless you can point me to an EA thread that actually has an EA in it LOL, and preferably one that is a true DTB EA (if there is such a thing, since my EA has rules that weren’t given in DTB, but were given later in a sort of mish-mash of replies, but mainly my interpretatin of trading as it is, so not really DTB, since that strategy has yet to be proven beyond TRO posting as others, or getting others to post, saying “It works” and giving no other details. This is his Modus operandi. Shine a light and keep you in the dark LOL.

So to cut this short, my intentions were good back then, but I didn’t like TRO messing with my mind and finally had enough of it. I was hoping for a different environment these years later, and hopefully some co-operation. I have yet to see anything of substance in this thread, just like the others. Anyone got ANYTHING USEFUL to add? ANYONE, ANYONE? Beuller, Beuller. Where is Beuller. LOL.

Truly, I wish TRO the best. Why? Because God tells me to love everyone, even those that use and spitefully abuse me. To return good for evil. I can and do choose to do good in spite of my problems or anyone else’s. This is what God would have me do. An EA would help people not have to go through what I went through. TRO doesn’t want that. Only a person with a god complex would give a free system but fight the whole way against anyone understanding it, or an EA that would automate it for his followers, for the sole reason that if people could do it by themselves they would no longer have to come and constantly give him attention. He like the positive or negative attention. Doesn’t matter to him.

So there’s my story. I want to squash this beef, but TRO don’t seem to want that to happen. If he did, his followers/aliases wouldn’t post against me bringing up years old trash each time I try to get info even to this day. Childish is the only word that can describe it. And since I am a grown-up and no longer wish to play these games…

I’m outta here.

Don

Well, at least thats the way you see it. You did not seem to be able to see the obvious truth.

Frankly, the entire post circled around the fact that you actually expected TRO to be your mentor. Has he ever wanted you or anyone to be his mentee and explicatively expressed it? No.

This means to stop asking questions as if he is your mentor and you are his mentee. Thats all.

Once you know that (which I figured after observing him for 2-3 months), its actually not a problem.

Then you will be able to seek the real truth of trading within yourself (internal). And not seeking him for the truth (external)

Relativity,

The last couple of lines make you sound just like him. Trying to make this an internal thing (blaming the trader) instead of the teacher or srategy. The fact that rules weren’t given. Who does that? TRO is a person that acts like he is helping you and does not.

Yes he did act as my mentor, and no never expressed that he didn’t want to be my mentor. Never. He was my IB, he wanted me to follow him, and I did through ever-changing strategies hoping the madness would one day stop and he’d settle on something and I could actually start making money. I wasn’t looking for him to trade for me, but an explanation of the crap he gave. That’s it. And that was and is too much to ask. Although it should never have been too much to ask. I would rather him NOT acted like a mentor, NOT sounded like a mystic guru (talking of another subject when you ask him a question on one subject). He wasted my time and hurt my feelings by being scornful at every chance. Yes, in hindsight, I should have got away from him way earlier.

The only thing I wonder now is: Why would I share an EA that I made over 1000 pips last night with a man who, although led me to a thread, I did all the hard work to get where I am, since it’s obvious he never was my mentor. I think I may decide to cut him loose. He doesn’t deserve what I have to give, especially after the way he’s treated me repeatedly for years. If I wasn’t tangled up with him, I would have found the basket-trading threads myself. Plus, what would a millionaire have need of my EA for, right? Right. Why would a millionaire have so much fun keeping a man who is try to learn down? I don’t know. Some sick joke I guess. Again, makes me wonder why I still care.

Kind regards,

Don

Here are simple rules that I am copying and pasting for you from some old notes.

  1. Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS.

  2. After you see the semafor on the H1 chart, look at the M15 chart for the long(light blue) and short(pink) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.

  3. When price touches the trigger you enter. DON’T THINK, JUST ACT!

  4. Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

  5. If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger. If you can’t see how this work, then DO NOT TRADE IT. I have entered up to 3 times.

  6. What’s the STOP LOSS? The stop loss is your maximum allowed loss per trade based on your money management.

  7. What’s the TAKE PROFIT? You take what you can. I usually take 5+ pips and leave more on the table.


Now you can find your way to Kreslik where people trade this.
One EA can be found on tradingsystemforex.

Hope this helps, good luck to you, and remember GOOGLE is your friend! Babypips isn’t the end all and be all of the internet! :wink:

This is exactly what I asked you NOT to do. I don’t want a simple copy paste of rules that are vague to begin with (and yes these exact rules I put into an EA, you want to know how bad it sucks?!)

I asked for your words. If you can’t do that, then you can’t comprehend what I asked for.

There also is no rule for going with hour. Numbers 4 and 5 was the sticking points that got questioned over and over again by SO many people it’s not funny. If you are already in a trade, and it goes against you, wait. OK. So as it keeps going against a person they end up martingaling (adding to a losing position). Let me guess. You’ve never seen anybody blow an account doing this? And I’m sure you will tell me this is not how it should be interpreted, but I spent months going against the trend trying to work this system of picking tops and bottoms. Remember, don’t think, just act! LOL

Also, you are SO right that Kreslik is not the end all be all. Hard to find anything around there using their search. Google is your friend if you want to find something on the internet.

Don

Good Morning Don,

I will try my best to help you out here. However, I HAVE TO SAY the rules are so simple that it’s impossible to not understand them.

I will answer your questions regarding number 4 & 5.
[B]
If price goes against you, then wait. [/B]
My own words: If price is going against you then you’d better have good money management. You do have a SL in effect correct? Sometimes price will bounce back into profit. Sometimes it doesn’t …STOP LOSS. Use your money management skills here.

[B]If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger.[/B]
My own words: A new semafor has appeared. ( a new high or low) A “potential” reversal of price may or may not happen. Trade at the trigger. Of course price could breakout from the top/bottom semafor that has just appeared.

The rules are very simple. I will repeat what TRO has always said. If you can’t understand these simple rules then why try and hurt your head over it?? Quit over analyzing ok? :slight_smile: It really is THAT simple. Do as you the chart tells you to do…not what you think you should be doing.

The semafores are there as “heads up” that something may happen. If you have a semafor on the hour chart and a matching one on the 15 minute chart. Then watch your trigger. Your trigger may not hit and price may continue and breakout in the direction of the semafor. It is merely a signal to a POTENTIAL trade set up.

There’s really nothing else to explain. The rules say it all.

Suzanne :wink:

Pretty good, yup. =>

I trade partly this way, its too subconscious now so I can’t be bother to type out stuff like this.

Instead of the reversals, he should teach breakouts, since Semafor 3 keeps moving. Having it go against you 17 times in a row? Yeah, awesome rules. FYI, If the last hourly Semafor is a TOP Semafor, on M15 I would only use the buy triggers, but hey, that’s just me buying on a pullback. Nothing special, right? Yet I’ve said more here on actually being profitable than all those directions say. They could be made better understood, and frankly could be a better system. Adding hourly and four-hourly rules would help. As far as DTB, I leave you to yourselves. You can scalp for 5 pips. I’ll scalp for 500.

Cheers.

Don

You still don’t get it… oh well. I do know you feel hurt, but I really wonder what is the real source that really hurt you.

I had my own ‘brush ups’ with TRO privately, but frankly speaking, this is HIM and I accept that. He’s pretty hard on at times and I am ok with that. Not hard to figure that even I am still at the ‘learning stage’ at the point of my life, I remain vigilant. Decided to pickup every crumb I can get from him and expound upon it in my own research. Never to follow too blindly even he is way better than I am. So far, a lot of what he’s said about trading is correct and I’ve proven it statistically at least.

I have now taken these easy rules and made it my own. I don’t have the time to be in front of the screen all day long scalping. The basics remain the same just with a higher pip range for TP.

Happy pippin’ :slight_smile:

I agree with you about breakouts, but tight reversals and picking extreme tops and bottoms is his style. I do a mix of both breakouts and extremes, so I do get your motion.

Hi Don,

You are very welcome! :wink:
A thank you would have been appreciated from a gentleman on this forum.
You asked I delivered.

Have a great day.