Yes, exactly for 15 years no losses so 2008 was a fluke im guessing?
My data only goes that far back until 2005 so I take it he bought in 2005 Sept 9th if he bought it at the top but lets give him the benefit of the doubt
2005:
Top of candle to lowest low in time period 450 pip drawdown
Bottom of Candle entry 300 pip draw down
Result: 300-450 pip hold before Oct?
45 pip profit, If he held for Oct about 450 from the bottom candle entry
Resulting profit: 1:1 RR HOPEFULLY
2006:
Top of candle to lowest entry N/A it is the bottom in an up market
Lowest of candle to lowest entry N/a Bottom
Result: 400 pips from entry at end of Sept
At the end of Oct 650 pips
R:R ? 400: 450 I’m assuming considering his previous entry
2007: Range of entry on Sept 9th 170 pips
(Getting lazy here will explain why at the end)
Result:
950 pips from entry to the end of Sept
1100 pips from entry to the end of Oct
R:R (Little bottom of trend)
2008: Range of entry 350 pips
Result:
350 pips end of Sept (Gave up 800 pips)
-2600 end of Oct
2009: Range of entry 150 pips
Result:
-750 pips end of sept
25 pips end of Oct
2010: Range of entry 120-150 pips
Result:
450 pips end of sept
180 pips end of oct
2011: Range of entry 200 pips
Results:
-150 pips end of sept
500 pips end of Oct
2012: TBA
So lets assume he was smart with his crystal ball and lets add all of his "best"
2005: 450
2006: 650
2007: 1100
2008: -2600
2009: 25
2010: 450
2011: 500
Result:
575 pips. All based on a 2% risk.
Nobody can tell where the real resistance roof is price does what it always has done. Whatever the fu*k it wants. If he was so keen why doesn’t he show you an actual result. If his crystal ball is so valuable why is he sharing this with you guys for this price. Look up the term shyster, now when you see this guy again, ask him for physical proof, a print of out of his trading history not a slide, not historical price, not his attitude when you ask him for physical proof or digital that he took those trades. The moment he says something other than here it is with this broker or its a private account but this is my trading log of my entry and exit, time, price, exits, stops because it is not definitive of how his system works with just those results call him that, a shyster. If he’s the real deal get down on your knees and bow your freakin head because he may have witchcraft the likes of we’ve never seen before.
So to sum up I got tired of going through price history and your lucky I have never pulled out this many stops for anyone. In the time it took him over the past 7 years alone? He made less than I have in my 7 months of trading and no this isn’t an arrogance thing from a young punk this is fact. A scalper or a very long term swing trader can make more than this guy has made in 7 months let alone 7 years. The financial crash in 2008 meant people lost money because certain things lose their value, True, however if your the one shorting it your getting that value redirected towards you and as a forex trader, no, as a trader in general if you can’t adapt your just more deer in the headlights.
Jay once told me a story about a japanese rice trader, he told an american that this is a sure fire trade for the season, guaranteed 1000+ pips. The american trader took his word for it and after a short period he saw it move for him 35 pips, he thenfigured this is a sure fire he said so, went on vacation for 2 months and came back. He saw his “guaranteed trade” lost 700 pips and was still losing. He goes to the rice trader and asks what happened? I thought you said that it was a guarantee? The rice trader replies, " I thought so too, but then it moved 700 pips in the other direction and took the other end" **** like this happens all the time more than you can believe.
So in my final summary if you are serious about investing in an account manager shoot me an email or a pm I can reference you up with some people who aren’t afraid to show you their track records.
P.S Yes the numbers maybe fudged a bit but I can only assume since he has or you haven’t uploaded a legitimate claim to his shenanigans
for once, learning is always for free with a little bit dedication and time, you might as well gain more that joining courses or seminars, a good step is going through babypips school. stick to demo for a couple of months, and try learning strategies on demo, don’t lose patients. there is a saying that" who can’t trade, TEACH" thats why I avoid paid sessions, trying to make money through teaching newbies is not a good thing IMO!
And yes, I believe I am on the right track, I’m sitting on a goldmine. What a wealth of knowledge this Babypips place is, especiallythe fun to read School of Pipsology. Wonder who wrote that. Really nice way of imparting knowledge. It should be made into a book and be sold as Forex Basics or something. Who wouldn’t buy it with all that funny characters? 