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People are comming and leaving every month in Igors room (and probably all other trading rooms) So what?
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Arctic4x |
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dd
whether members have traded or not the system, have lost or not their account is irrelevant issue. The main point is that Igor had given clear instructions on how the system should be traded and has summarized it in a document submitted in post 857. The account should be set up so that the very max (and impossible to reach) 2600 pips dd would represent 40% of account. If the system reached over 8000 pips dd, it means eithe you took a 40% loss once the system reached 2600 pips DD...either your account blew up. No other way. Anyhow it would be very understandable that none of the members were trading the system as per Igor recommendation, since it seems Igor himself has never traded his HOLY GRAIL system.
So in fact it should be good to know whether there was even ONE member in the room that has ever been trading the ssytem following exactly Igor s rule, and then of course it would be interesting to see his statement account.... |
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Something here is very strange. Igor claims that he is making hundreds of pips everyday. He and his "students", but i don't see here any statment or happy posts by anyone of them. If i was making that kinfd of money every day i would be here clapping and thanking a lot. Only Igor does that... strange! or not
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Take the effort to read back.
And as said already so many times over the past year: members of our group don't have any need to proof something to people who are not in the group.
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) Price moves in a 100% random way so build yourself a system that is not affected by trend or consolidation...(iGoR) Last edited by iGoR; 11-22-2008 at 11:23 AM. |
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Perhaps they dont wish to defend the inevitable critisism that they'll reccieve if they post on a public forum. Igor used to offer a money back guarentee if x pips where not made in the month, the cost of the subscription was relatively cheap which means is pretty much open to anyone who's interested in checking out the claims for themselves completely risk free. |
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The guarantee I gave was that the system would at least make +1000pips or people could ask for a complete refund no questions asked. It was a 100% guarantee! witch I made publicly. Lets see who of the members will ask a refund even here publicly based on my guarantee. regards...iGoR PS. The system is at +5874pips profit over this month ( with the drawdown of this week included)
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) Price moves in a 100% random way so build yourself a system that is not affected by trend or consolidation...(iGoR) |
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Before I do the public webinar on Monday where I will explain everything needed and answer the questions that one would have I want to make 1 posting to explain something that you should be well aware of before entering the webinar.
I make this posting in answer of some of the PM's and mails I received the last 3 days. Lets look to some FACTS that we have already and nobody can deny even not the members that ran away after Tuesday or Wednesday. The total profit after 29 trading days is +10774pips (Ten thousand seven hundred and seventy four). To make a prediction what this result would mean over a 1 year period. 250 trading days in a year / 29 trading days = 8.6. If we multiply our +10470pips x 8 = +86200pips (eighty six thousand two hundred pips profit) Not to forget over only 1 pair I said already many times that our reward/risk ratio over a 1 year period will be 7. Meaning that the total profit will be +/- 7 times higher then the MaxDD we will have. If we take the +86200pips / 7 = -12300pips. (twelve thousand tree hundred). That means that our system could give us a 12000pip drawdown that is absolutely in line with the technical report. An other FACT is that the biggest drawdown we had was last Monday of -7345pips. It was an intraday drawdown because at the end of the day the loss was only -319pips. First IMPORTANT conclusion we can make is that the drawdown we encountered last Monday is smaller then the MaxDD that we should encounter based on the prediction of profits the system makes. Next is the question that you should ask yourself: what is the difference between systems that I would give that makes a 85Kpips profit and a MaxDD 12Kpips and a system that would have: A 8500pips profit and 1200pips MaxDD Or 4250pips profit and 600pips MaxDD Or on the S&P-mini that would make 5000pts profit and 700pts MaxDD Or on a BUND that would make 300000 ticks with a MaxDD 45000 ticks ?? Even if I give a system on the gbp/jpy that would make 50Milj pips and with a MaxDD of 700Kpips. There is NO difference. They all come to a reward risk ratio of 7. Making 7 times more profit then the MaxDD in that year. Most of you are so used to think in drawdowns between a couple hundred pips and somewhere thousand pips and suddenly if you hear of a system that can make 7000pips drawdown, some of you start to scream murder and hell. Some of you were indeed very much interested in making more then 50K pips but the risk should stay at 2600pips ?!....Be serious here. Who is fooling who ?...Am I fooling you or are you fooling yourself. Someone can say: iGoR you said that the MaxDD would be only 3000pips and the profit would be 20000. YES I DID. But look to the profit after 29 trading days. It is more then 10K pips. That is already more then 50%!! of the profit I predicted to make over 1 year. One can not expected that the profit would be a LOT MORE but that the risk will stay at 3000pips. That is NOT POSSIBLE. A fact is also that I clearly explained in this previous posting http://www.forex-tsd.com/241236-post912.html that a conservative trader with our system would place his account in such a way that even if he looses 10.000pips that he would still loos only 10% of his money. An aggressive trader is going to setup his account in such a way that if he encounters the MaxDD that he would just not blow up his account. This way he is going to make the absolute most profit. With our system and in a compounded way this will come to +/- 1000% (one thousand) over 1 year period. BUT…if he encounters a MaxDD that is 2x times as much it is finished!! A conservative trader is going to setup his account in such a way that if he encounters a 10000pips DD it will only cost him +/-10% of his account. This way he will not make HUGE profits as the aggressive trader but with our system and in a compounded way this still comes to 70% profit over a whole year. He is VERY pleased with the profit he makes because they are completely in line with what professional, institutional traders would like to make. BUT…he has even room to take a MaxDD that is 3 x times as much without getting in trouble. The overall BIG problem is that many traders on forex-forums have only a couple of thousand dollar to trade from and on top of it that is the ONLY capital they have. They want to make the 1000% profit/year as the aggressive trader but only with the risks of the conservative trader (10% on capital). Then I ask again: who is fooling who ?.... Many people here seek professional help or advice or refer in many postings to the “professional traders or institutes”. Well walk into an institutional trader company and say you have 5000$ and that you would like to make an monthly income out of that money ?.. They gonna ask you if you took already your medicines today. I try to help you so you could come close to that dream BUT BE AWARE OF THE RISKS that are involved with that dream. Not 1 conservative trader will get in trouble with my system. REWARD IS ALWAYS RELATED TO RISK…..BIG REWARD BIG RISKS….NORMAL REWARDS NORMAL RISKS…………….NO SUCH THING AS BIG REWARD SMALL RISK. If you want to have very small risks leave you money in a bank account. But your reward will be just the same. See you in the public webinar tomorrow (Monday 15.00gmt). Friendly regards…iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) Price moves in a 100% random way so build yourself a system that is not affected by trend or consolidation...(iGoR) Last edited by iGoR; 11-23-2008 at 04:35 PM. |
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