EDITED 28 june 2008


Recap on June 2008:

This recap is most likely the most important recap in my current and further trading career. There for it is a extra long recap and hopefully you will make it to the end.

This month me and the members realized that we will never come closer to the “perfect” trading system or the “Holy Grail”.
Be aware that I don’t claim to have developed the Holy grail.
But the fact is that if someone would have shown the technical aspects or characteristics to me a couple of months ago I would have said that this is impossible and that numbers like that are just a Holy Grail.
Many people understand by Holy Grail a system that makes continuous profit. For someone like me who developed many many systems and did thousands of tests on hundreds of systems, a Holy Grail is a system that has a positive hit rate that is more then 50% and has an average winning trade that is +/- equal to an average loosing trade.
People who done a lot of back test know that this is normally impossible. A system that has more then 50% hit rate will have automatically a stoploss that is many times bigger then the average winning trade.
If someone would have come to me a couple of months ago and say that he has a system that makes profit 9 out of 10 days I would have said impossible that is a Holy Grail.
If someone would have said that he has a system that he can trades whenever he feels like trading for a couple of hours and make some profit and call it a day, I would have said impossible.
If someone would have said that he has a system that never accepts a loss. If a loss is made then it will start to make adaptations till it has immediately recovered from that loss before it will start to trade in a normal way I would have said, impossible.
If someone would have said a couple of months ago that he has a system that makes every week profit and most certainly every month profit I would have said that this is absolutely impossible. That one needs to accept bad periods and longer periods of drawdown on the equity curve.
If someone would have said a couple of months ago that he has a system that performs well in trending as in consolidation markets, I would have said absolutely impossible. Because a system will work or good in trending markets or is designed for consolidation markets but impossible for both markets because if you find such a system you found the Holy Grail.

All these elements are now combined in our Super-Safe Stop and Reverse MaTRiX_ZoRRo scalping system. The name is a mouth full but that comes because of the different developing stages the system went true over the last month and especially the last few weeks.
We started of commercially with the standard ZoRRo system on 15min chart. A good system that was based on trend but tried to get in as quick as possible after a top or bottom. It performed good but needed sometimes big stops and missed some good moves when the reversals occurred before 06.00gmt. As most of the systems it made nice profits in nice trending markets but we knew if the average daily range would start to drop to much we would get in trouble. The problem was also that one could have some very serious losses after 1 day trading and hope to recover from them the next days or could take maybe some weeks.
Then I developed the MaTRiX scalping system. It was clear when one looked to an intraday chart that the overall majority of the entry signals (arrows) were in line with the trend. It could produce easely 15 wining trades per day out of 20 signals. But the problem was that the 5 losing trades could eat up the profit of the 15 winning trades.
Then we came to the combination of MaTRiX and ZoRRo system that was again designed for intraday trading but had again the problem that one felt stuck to his pc al day long and if the market did not want to move or staid flat that no profits would be made. On the contrary, typical for trend following systems you will end a day more likely with a loss.
Then I developed the Stop and Reverse system from the MaTRiX_ZoRRo template. We all saw that nearly each entry went into profit but when one waited for a next reversal, nearly all the profit was gone again. It had a very high hit rate on open trades but once closed by the exit rules the profit disappeared. It was again a system that would perform well in trending markets but would fail in consolidation markets.
As last step I developed the new Money Management plan and the “perfect system” was born.
The combination of this “never seen” money management with the stop and reverse MaTRiX-ZoRRo system is an absolutely amazing and robust trading system.
I have given demonstration on an on-line casino in the Video room to proofed that this Money Management works even fantastic when one playes black or red on the roulette table.
The trading system has all the elements that I mentioned earlier and that I would have held as absolutely impossible till a couple of weeks ago.
To summarize the characteristics again:
- It has a positive hit rate that is +/- 70%.
- A stoploss that is equal to the profit target.
- Every loss that happens is immediately dealt with true the new MM plan in this way that the loss most be taken back before the system will continue trading in a normal way. Other systems will continue to trade in a normal way and can stack up loss after loss and that results to serious drawdowns on the equity curve. Some people will think that we use a Martingale technique but I can assure you that this is absolutely not the case. When one would have 7 consecutive losses with a martingale technique one would be at 64 contracts. Witch is absolutely ridiculous.
- Because every losing trade is immediately taken care of or solved that makes that 9 out of 10 days end up with a profit. If the loss is not solved at the end of our trading day (16.00gmt) then we will continue to solve the loss first thing next day. Only then the system will continue to trade in a normal way.
- One can start trading whenever he wants during the day. It is preferably to start of the UK session. Because this way if one starts of with a loss you have all the time of the world to solve the loss and to ad profit on top of it. When one starts of with profits, he can call it a day after he made his daily target. When one starts of later on the day and takes a loss it could be that has not enough time left that day to solve the problem. But also here one would solve the loss the next day.
- The realistic average daily targets or profits that one can expects with a safe leverage and very safe MM is 1 to 1.5% profit on the account balance. In the room we proofed already severall days that this target is reached after 2-3 hours trading.
- Because the system can produce very safe but very nice profits over a couple of hours one does not need to stay at his screen all day long. When target is reached he can call it a day and do other nice things in life.
- Scalping systems sound and look nice on paper but once traded one sees that spread and most certainly slippage makes those systems to fail completely. The trades or S&R entrys are taken in true limit orders that are waiting in the market. So we do not have any slippage problem and the spread is taken in account on every profit target that is also taken out true a waiting order.
- The principle that is used works on every pair and every future or commodity. Of course some pairs will produce better profits then others. Some pairs just move nicer then other pairs. But the system with the MM works on every possible financial instrument.
- And the overall best element is that the system performs good in trend as in consolidation markets. The biggest fear of an intraday trader is that when he starts off in the morning with his system (and 99% of the systems need trend or bigger market moves) is that he will be caught up again in an narrow or consolidation market. That will automatically lead to a lot of false trades or trades that are in profit but give there profit back wich leads to a lot of frustration and is nearly a guarantee to end up the day with a loss. Needles to say if the market moves a couple of weeks like this that one can have major losses and serious drawdowns on the equity curve. The results of the Super Safe S&R MaTRiX_ZoRRo system hardly suffers from the difference between a trending market or consolidation market. Of course a trending market will cause cleaner entry’s and will have as effect that every trade taken in will move immediately in profit but not in this way that a strong consolidation will automatically result into a loss at the end of the day. On the contrary. In the room we checked at some point the eur/gbp. It was sitting in a range of 27! (twenty seven pips) UK and US session combined and still got away with 15 pips profit.

END OF PART I

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

EDITED 28 June 2008

PART II

All members in the room who have traded the Super-Safe S&R MaTRiX_ZoRRo over the last couple of weeks do all agree that this is by far the best system they ever traded.
Previous or other system form myself or others looked nice and made nice theoretical profits but not one member came close to match up the official or the theoretical results because a lot of discipline was required. There were many emotional elements as any other system has, that made that the members did not stick to the rules ( skipping trades because stoploss to big or having already several previous losses or jumping out to quickly out of trades….etc…)
The Super-Safe S&R MaTRiX_ZoRRo takes away all the emotional stress one can have with any other system. It produces every day profit. It is real fun to trade this system. It keeps you nicely busy and not sit and wait and wait and wait. Before you know it the day is over because there is constant action. But easy to manage action because you work with limit orders.
In the past I needed to ask in the room: who got away with profit today? People answered: not really because I did not stick to the system.
Now people come to me spontaneous and say they made 1-2% profit and are looking for worth to the next trading day.

This system is not a next step further in an evolution of development or become a better trader. It is an arrival at reaching some sort of a top level in trading. Reaching a top level in guarantee of making money in what ever kind of market condition. It is a top level of reward/risk ratio that will proof itself over a longer period of trading because we do no longer accept losses and see and hope and pray when they will disappear.
It is a top level in emotional balance and trust in the system. Because other systems have the emotional factor that makes it so difficult to maintain the necessary discipline to stick to the system. With this system it is really a joy and pleasure to be a trader and it gives the feeling of looking for worth to the next trading day.

For the people who were never a member of the group you are very welcome to our trading room and will benefit immediately from a system that took blood sweat and tears to be developed.
For those who were member of our room in the past but stopped trading but still hope to find the ultimate but super-safe trading system, come back for 1 month and I promise you will be absolutely amazed in a positive way and will feel like I do…the end of your search…. The beginning of nice trading career.
For the people who will stay a member I’m very much looking for worth to see you back next month and continue our trading and making constant profits with very small risk.

In the past I was not able to trade the my personal system that I had in the room because it was placed on the eur/jpy and gbp/jpy ( 2 pairs that do not exist or have way to much spread on the CME currency market.

As we concentrate our trading on the eur/usd I am every day calling my personal entry’s exits LIVE in the VIDEO room. So you can follow what I do and learn from it in the best way. I trade the eur/usd, the gbp/usd and the BUND every day LIVE in the video room.
That rooms makes that you can see my M platform live on your pc.
Of course each member receives the whole system and indicators and templates and MM plan so he can trade without my help or without being in the video room.

For the results of our system I gonna post each day that I trade a printscreen from my personal trading platform and I’m going to do this constantly from the same sub-account so you can see the growth of that account over a longer period of time.
When I do not post a printscreen it is because I did not trade. There are many days that people need or ask a lot of help in the trading room and I can’t do both professionally at the same time.

To become a member of the ZoRRo trading group send mail to: zorro_trading_group@hotmail.com


To be continued….iGoR

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

After receiving severall time the same questions on the 1st mail this mail was send out to everyone:

Hi Everyone,

I have received quite some reactions and questions.
I feel that 2 issues are not realy clear. So I gonna explain them with this mail.

1) about the comitment and responsibility and task that one has in the room.

The room will watch over the signals between 06.00gmt and 20.00gmt
I am very much awere that many of you live in different time zones and for that reason don't have
the possibility to be there between all those hours.
But that doesn't matter.
I only demand of you that when you can join the group that you need to participate in it.
Help, contribute so you LEARN how to trade.
I don't want this room to devellop in some sort of a 'vacation room' were one only has to sit in
the room and listen to what I say and only concentrate on cashing in at the end of the month.
This way it will not contribute to your trading behaviour nore your trading skills what so ever.

The room is to make money but also to learn how to trade. So if you descide at some point to leave
the room that you can TRADE on your own. That you not only MADE money but that you LEARNED
how to MAKE money.


2) What garantees on return or what possible profits in return for the fee

I can not make any garantee on a monthly retun. If I would do this it would be highly un-professionaly.
But to show you that I am not here for the money I would like to make an agreement with each one
of you. I understand that some of you feel that for me it is easy. Each time at the end of the month I come
around whit my had for the 85€ but no obligation to give back something in return.

So I garantee you the following: If at the end of the month we do not make NET 85 pips profit, you have
2 options:
Or I give you your money back at the end of the month.
Or you have the next month for free.
That would mean if we don't make any money over 4 month period you don't have to pay me during those 4 months.
This way I hope to proof that I am not doing this for the money.
Some of you will say that 85pips is nothing but if your trade from a normall account (were a lot has +/- the same
size as a CME currency contract) then 85pips X 12.5$ makes a 1062$ profit.
Of course my goals will be a lot higher then that. But I know also if one made 'only' 85pips from an normall account
that he can not complain anymore or that this particular month was not waisted money.

To make this a correct deal for both parties you will understand also that when we make a BIG profit that
the trading group fee will be higher then 85€ the next month.

I want to you to be shure that I am here to help you earning money. Not that I am earning money on your backs.

friendly regards

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

.... that is a good one...
No system is explained what so ever in the 3 postings I made.
And the trading group only starts tomorrow. So not 1 pip earned or lost yet.
And so called 18 people gave this topic a negative rating...
Talking about objectivity

Don't worry guys.. even if I have to start of with a serious handicap I gonna earn back every single star ..I PROMMISE.

I played golf starting of from a 36 Hcp. 12 months later I was a single figure (9) and have now a 5 HCP.

So I know what a challenge is starting of with a handicap

To be continued ..

regards...iGoR

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

Total profit for today according the advanced zorro rules:

+61 pips spread included

Attached Files

2-10-07.doc (75.5 KB, 504 views)

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

Total profit on the index markets:

YM (dow-mini) + 27 pts
ES (s&p-mini) - 5.0 pts
ER (russel-mini) + 4.60 pts
_____________________
Total profit + 345$

Attached Files

2-10-07.doc (88.0 KB, 127 views)

__________________
Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR)
To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR)

What's the monthly fee iGoR? Haven't received an email myself ..

From his post above...

So I'd assume it's 85 EUROS a month but he also goes on to say that if the group is successful this price will go up!

Buyer beware.

Lux

__________________
Build An Expert Advisor. FREE E-course As Seen On TV
ForexArea.com
Users of Gap Trader from 'Forex-Assistant' MUST Read This

Why buyer beware?State your reasons.
50 people 85 euro a month 4250 euro a month 6,032.24 US Dollar per month!! Why would you even bother with risk of trading markets......

__________________
Dont worry, bout a thing, cos every little thing, gonna be alright.
The future has not been written.
There is not fate, but what we make for ourselves.

1. Because life is expensive
or
2. Ever wanted MORE?

Personally I understand - if the system is successful, it will cost more as long as its cost is covered with its profit (some number of times) but as for me 85 pips won't become 85 euros (approximately 200 pips will become 85 euros if you trade small lot size like 0.1 lot).

__________________
MQL4 programming is easy ^^