Inverting bad strategies

Hi, Im pretty much a noob. Its also about a strategy. Ive been getting signals from a strategy [removed for Forums Policy violation] that is doing pretty badly (almost seems random), should I try and take the other side of each trade?

Lee

so… it’s your second post

generally they like you to only ask a question in one place at one time

they also don’t like URLs to signals and things as such on your first few posts

what’s your question?

try asking a question without a URL involved
get a better response

Oh, okay cool. How much does this signal provider cost? I’m really interested…

[removed for Forums Policy violation]

They want R500.00 a month so about $40.00, but I’m not paying yet. Just testing. I’m thinking if they are so rubbish, there might be an opportunity? Maybe its just bad timing so far. He says they do between 2 and 5 percent a month with a 25% drawdown. I can also use any broker I want.

@LeroyFx

and…that’s why you don’t post URL’s in your first few posts hehe

I guess so.

I edited the post. Let me know if its to vague now?

How do you think members feel about someone arriving and posting the url of a signal-service in their very first post?

How would you feel about that, yourself, if you were running the forum?

He’s missing a few braincells, then, if he expects people to pay after seeing that “claim”, isn’t he?

1 Like

I don’t know, thats why it seems like an opportunity?

Im testing lots of stuff, but good ones are hard to find.

Yeah, but how can you go wrong with a name like [removed by moderator]! C’mon, It’s gotta be legit!

The name are always rubbish. Cowabunga!!!

Im guessing its not a good idea?

@LeroyFx
ok, lets try this again then…

Mate, … at the end of the day
when you ask someone something like this, it means you don’t know how to trade

and…
if you don’t know how to trade
YOU SHOULDN’T BE TRADING LIVE

You should go on a demo and take the other side of the trade (Because it seems that you think it may be the right move)
and see what happens
and learn from it

have you been to babypips education yet
if not
go there and learn

i would forget the signals if i were you
i would go to school
i would learn
and i’d come back in a year and see what i know

we cant’ really answer this question for you without knowing details
and… even if we do and even if you make money off it.
it doesn’t mean the next trade will make money

you need to learn to trade

Thanks!

I do trade though, but you right, Im still a novice.

I still think it could work.

Cheers.

Lee

@LeroyFx

ok mate, fair enough.
let me give you some very good advice… ok

Forex is the sort of industry that when you could be on a good thing, someone can convince to you go off it

now. it may or may not be intentional
and i don’t want to be the guy to put you off a good thing

bottom line is this
THERE IS ONE TRUTH…TEST EVERYTHING

if you have a theory…TEST IT
that’s what demo is for

if it works IT WORKS
it if doesn’t IT DOESN’T

simple as that, people can say what they want, but facts are facts
Good luck with it

Thanks. If I give it a bash I’ll show you.

@LeroyFx
you don’t need to show me, mate

you have nothing to prove to me
and , (Respectfully), i can’t do anything with the information that you show me, it’s off no use to me.
I’ve already been trading for 7 years

I’ve gone through my hard times and i’ve learned how to do it and i’m now financially free, I’ve achieved my goal.

You, Showing me your progress won’t help me in any way.
you can feel free to share it with the forum, by all means

but my advice is…
SHOW YOURSELF, ok mate
Do it… Test it… find something that works consistantly, and ROLL WITH IT

Make a plan
Achieve it
then BE PROUD OF YOURSELF
simple as that

i’ll warn you though… it’s a very hard road
take care

Does anyone else have any thoughts or ideas? Has anyone else tried it?

Only about 50,000 other naive, overoptimistic, inexperienced beginners with totally unrealistic expectations.

Nobody’s trying to be rude to you, Lee.

It’s just that from your first handful of posts, it wasn’t at all clear whether you were actually trying (in a strange way!) to promote a signal service, or were really yet another naive, overoptimistic, inexperienced beginner with totally unrealistic expectations. :slight_smile:

And people reacted accordingly.

This idea doesn’t and can’t work.

Actually for a lot of different reasons.

Two of which are compelling ones and far more significant than the others.

See if you can work them out (if you can’t, I’ll post again and explain them in detail tomorrow, when I have more time).

1 Like

@LeroyFx

that’s right, we are actually helping , believe it or not

now let me ask you this

i said this…

you then said this…

then you asked if someone else has tried it LMFAO :stuck_out_tongue:
you gotta see the funny side of that… right ?

you said you’d give it a go and then you asked if someone else tried it

Mate, Newbies do this all the time,

see, there are 2 types
there is the type that says, ok, i’ll do that, and THEY DO IT
and then they ask a lot more questions along the way… which is fine

then there is the type that IS LOOKING FOR AN ANSWER, a specific one

Now. if you don’t give it to them , they keep asking until they get it

so… here is the answer you are looking for

"Yeah, dude, i’ve tried it, it totally works, Your’e on the right track"
feel better now ?

let me ask this of you

WHY HAVE YOU NOT GONE ON DEMO YET TO TRY IT (to give it a bash) like you said you would ?

Prove us Wrong
you said, you believe it will still work
Great…

Prove us wrong

You need to understand we’ve been doing this for a while and you need to know when WE COULD BE WRONG and when it’s DAMN NEAR IMPOSSIBLE for us to be wrong

this one is the latter