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Educators' Nemisis


FREE!!!What you say...FREE!!!

A system where we can have fun and learn.

Purpose: To prove that an interested trader should NEVER pay a charlatan/educator to learn how to trade without published proof of real time brokerage trades showing they are profitable over a given period . (Not 1 day either)


This thread is intended to help those sitting on the fence to get off the fence and trade with a little bit of help and those that are trading hone in on their disciplines.

Of course, if you know everything about trading this thread will be of no benefit to you.

The system will NOT be given to you...you will have to research while at the same time I will provide real time trades/calls.

Before, I go any further ...I am not computer savvy ;so if I mess up I apologise and maybe somebody can assist me.

The system; Less than 100 words
Money management: Less than 50 words. It will become obvious as you follow the trades where you will see "X1, X2" and so on.

Profit goal: This exercise - 2 profitable trades
Profit/ Stops-Reverse trades: 1.75 -2.0 -/+ commissions

Current statistics: Free wheeling 53% profitable has not varied more than 4%.
Maximum successive profitable trades 7
Maximum successive losing trades 4

I will not post entries until my other model has finished for the day...average time around 3.5 hours from 7 am EST. If it a loss...a lot earlier


This is a genuine attempt to assist traders and others with absolutely NO ulterior motive...more about me later..

So here goes...
Originally posted by pink floyd232

Purpose: To prove that an interested trader should NEVER pay a charlatan/educator to learn how to trade without published proof of real time brokerage trades showing they are profitable over a given period . (Not 1 day either)

...
The system will NOT be given to you...you will have to research while at the same time I will provide real time trades/calls.

Because you'll be providing a real time journal of what you're doing and not discussing the strategy or setup that you're using I've moved this topic to the Trading Journals section of the forum.

If you change your mind and decide that you want to share the system with other traders then you can start a topic about this in the Strategies and Setups forum.
Ok...I am done so I can focus on this system...

The trades will look a bit like this

L 1110 S 110275 x1 reverse 1108 buy 110575 x2

naturally if 110275 hits other trade scratched

If anyone has any better way of doing it ,please advise as I have not done this before..

Thanks
S...1108...BUY 1106.x1..reverse 1110
done 1106...that was quick
the 1106 was mit...+1.75

had an earlier trade that I completely missed (otherwise disposed) 111125 to 110925..similar price action to last ,hung like a grape then bam!!
L100825...SELL 110025 x1...reverse 1106.25...BUY 110425 x2
will reverse L110825 x3 S 1110.25 if necessary

it is likely the entry to long will be reduced, if necessary

L110775..SELL 110975 reverse S110575 ...BUY 110375 x4

I thought I had posted this , but did hit the post changes button


it is likely the entry to short will be increased, if necessary

Done 110975 mit..3x1.75-2x150-1x200= very smaal loss after commission

therefore back to x1
SLD 111300 BUY 1111...x1 reverse 111500

DONE...+1.75
BGT 110850..SELL 111050..x1...reverse 11106.50 x2

reversal likely higher than 11106.50
DONE ...+1.75..finished for the day even thoughthere will be more opportunities

2x 1.75 less comms.

C ya..
i have eceeded my limit...I am done for awhile...looks like a looong year