I won’t even dare myself to apologise and try to explain my long absence (since September apparently) just to provoke anger from Macfibo… so I’ll just post away…
I’ll just respond the last 10-15 posts that I think needs responding.
[B]To those who attempted to compare their own backtest results with my backtest reports and found dissimilarities in results[/B]
There could be several things due to this :
a) Misunderstanding towards some of the trading rules, most common rules that are misunderstood are market time and S/R Lines
b) Mistakes from my side
Since I highly doubt that you would misunderstood the system because it is very simple so I though it could be my mistake. So i re-check again my backtest/trade result report and I found out that I accidentally mixed trade results between ver 1.0 and the latest version published. That could be the cause of unexpected weird results of your trade results with mine. For that I apologise. I never claim I was perfect… immune from mistakes… so I hope you guys can accept that from my part.
However… most of the trade results that I published were based on the following trade parameters :
main signals+secondary signals taken during Asian, Asian+London, London, London+US sessions only
S/R Lines are based on previous day’s high and lows only
If 1.618 is blocked by previous day’s high and low, i TP at 127.2
if not, TP at 1.618
I never tried to ‘sell’ my system hence I see no point to hide any mistakes or weaknesses of this system… or even trying my best to prove to you that my system really is “60% winning system” as my trade reports consistently suggest. Correct me I am wrong but not once did I ever boasted in this thread saying I am the best trader and Macfibo is the bomb or holy grail so I hope I am not ever being accused of that in the last 3-4 pages that I don’t even dare check.
So anyway… I did make mistakes in my trading report but allow me to say that I never had an account blowing losing streak in any month since I started trading Macfibo. But it’s not down to Macfibo… it’s down to my strict money management rule… (which ironically… half of that rule already set in my Macfibo exit strategy)
[B]Did I blow my account in September hence my disappearance?[/B]
Even if I did blow my account, why would I be ashamed of it? Because I am the creator of the system? :32: I never said my system is perfect and prone to choppy markets… it’s a trend following MA crossover system after all… hence I developed a way (filter) to minimize those choppiness by a) not taking any signals in US-only session b) if S/R lines blocking TP levels (mostly happen in thin range markets anyway). Is my filterr the best to solve false crossovers? Ofcourse not… what should be your next worry during choppy markets are to manage your losses… don’t even start to wonder when will be your next 2-3 winning run going to be… manage the ‘now’ first.
So did i blow my account? Nope I did not… Did I have a good month in September? Nope… it was not a good month but its not something to lose sleep on. It’s a business after all… you win some month… you lose some month.
[B]Am I returning for good and not to dissapear again for the nth time??[/B]
Honestly guys… when I published the system… I was in a phase where I want to post and blog. My latest dissapearance was due to my passion for ‘blogging and writing’ completely faded away. However… my passion for helping new traders and trading itself never gone. So I am here now and then… I must admit… its very unlikely for me to publish any of my trader reports and backtest results because honestly I rather spend my 10-15 minutes of my time playing with my newborn baby or make trading plans for my EURUSD, GBPJPY, GOLD and some other trading instruements. Peace.
p/s : I would love to update the trade rules (deleting the ones that causes confusion but somehow the admiin blocking my access to remove the pdf at the main page… ???)