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Old 11-21-2007, 11:42 AM
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Evaluation: Zorro_Trading_Group by FXiGoR

Just open this thread for evaluation of Zorro_Trading_Group by FXiGoR

I want to remind that there is public thread as well: Follow (Z_o_R_R_o) system by FXiGoR
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Old 11-21-2007, 11:56 AM
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Hi Folks

We only have one question about Zorro .Could we see real account statements instead of excel sheets.

Excel sheets are no better than claims/words by any trader he is making 500 pips a day and 200 pips a week

Action speaks louder than words.

We know iGoR can prove the words with actual traded rather than what might have been a signal and we could have traded into an excel calculation

I have a lot of respect for iGoR

El Cid
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Old 11-21-2007, 12:45 PM
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Some good post concerning the author I found here http://www.forex-tsd.com/155693-post39.html and some good reply here http://www.forex-tsd.com/155790-post47.html and it is interesting to read whole commercial tread.

---------------
Please note that we are not discussing the author's personality and authors character. We are evaluating the trading system itrself irrespective of author's characted and so on. As to some bad words and attacking so I will take care about it by banning in very strong way. Besides this section is moderated by posts.

So please do not affraid to post your comments especially if you are author's customer for example. Author can join this evaluation of course (on the same rights with everybody).

--------------
In commercial thread you will find the statements (in word format ) posted by author.

Just few questions:

- how the commercial indicators were coded? It is some improvement of someone else public indicators?
- what are the differencies between public Zorro indicators and commercial Zorro indicators?
- will the members have the possibility to trade Zorro system using public Zorro indicators and their own trading technique/rules if they don't want to pay for commercial?
- how log this commercial system was tested before posting on the thread? Forward testing? backtesting? Any statements?

----------------------

Please also note that we are not having many threads about teaching people how to trade: we are having public section related to Nina http://www.forex-tsd.com/catfx50/ and Igor's Zorro commercial thread. And may be few others. So, please don't count the money and evaluate this commercial Zorro irrespective of it.

Last edited by newdigital; 11-21-2007 at 12:56 PM.
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Old 11-21-2007, 01:58 PM
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Can I ask what is the purpose of this evalution section ?...

Who can and will write comments in here ?...
The people who feel frustrated because they can't or don't want to enter in the privat group ?...
Based on what will they make comments ?...
People who abandond the trading group after 3 days and today have any clue anymore what we are doing or what the system is about ?...
People who will make or take conclusions based on the zorro system in the public section ?...
Based on a public system were the rules and the system are COMPLETELY different then the system that we use in the privat trading group?...
Based on indicators that no one has acces to ?...
Based on indicators that took 6 weeks to program (devellloped by me and programmed by alex-winner) and are ready from yesterday ?....

Or do I need to beg in my group...guys could you write a little bit of positive about the system to help me to bring me back in the commerial section ?...

If a system like the steinutz system needs an evaluation, I can understand that. So many people have complaints about it.
If it would be based only on 2-3 people then it doesn't even need to be evaluated because one can never to good to ALL people or clients. But in his case more complaints then cheers.

In my topic, at this moment, there is not one person who would stick to the rules, that complains about the results.
The only complaints came from people that are angree that I suddenly became commercial after giving 2 years help and information for free.

So why does my privat system needs to be evaluated publicly by a vast majority of people who never have layed eyes on my system and what is the objectivity of it ???....

regards...iGoR
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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)

Last edited by iGoR; 11-21-2007 at 02:19 PM.
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Old 11-21-2007, 02:49 PM
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You gave me reply on PM which is completely related to this thread.

Evaluation is the rule for everybody.
Any commercial thread will pass it except some small thread opened Kalenzo, small thread opened Beluck and small thread opened by Hendrick.
It is nothing with Steinitz.

I realize that something going on in wrong way when Hendrick opened his commercial thread here LPD-indicator
We are having the section because of him (Phoenix secion). Can you imagine: the people who did this forum are suffering in commercial section ...

Evaluation is the rules for every commercial thread. That's enough commercial entertaining. And that is nothing with you and your commercial system. It is something with commercial section and our forum in general.

If no one wants to evaluate your Zorro so evaluate it by yourself by 1 or 2 posts. It is not a problem for you as I know.

Evaluation threads are something related to our forex tsd forum.
Your commercial thread is something similar with your property.
Thread with good evaluation will come back to commercial section.
Raw Commercial Ideas section is the temporary home for the threads: just for few weeks only. Usually this section should have 0 (zero) thread. It is some kind of sorting.

Many people are dreaming to have 2 commercial threads for 1 system but you are have 2 so what is the probem?

Help us to understand about Zorro in simple way without disclosing anything by 1 or 2 posts. People know you so do not need to explain everything. Besides as I said above we are not having many threads about teaching people how to trade so I as administrator can decide as well: we need the threads about teaching the members how to trade (trading technique).
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Old 11-21-2007, 02:53 PM
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I agree Igor.

This forum is back to where it was (and I was) a few years ago:

Folks believing they can find a 75 -100% hitratesystem and posting as if they're little demo acct is actually working that way (and getting believers to follow);

Folks posting screenshots of these awesome entries that a 4 year old can spot (like last night - they're already coming just look at any thread) AFTER the fact;

Magical indicators like the QQE, VQ, Zig Zag Pointer, etc.;

Running from "system" to system (another thing we all did/do);

And the sad thing is that all of the above doers will be here attacking Igor who has the only system on this forum that resembles what a professional system looks like and fits into an emotion-free model that can help us overcome the only 2 reasons that we fail as traders - Greed and Fear

Silly thread ND!
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Old 11-21-2007, 03:01 PM
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Read my post #5.
I do not see any problem with it for Igor and for everybody.
Evaluation does not mean "criticism" (or not only). It is how you can evaluate it and it is how you understand. It is the voice of members. So what is problem for that?
It is for every commercial threads (except some 4 or 5 may be).

Please don't discuss someone's personality here.

Please also note that this section is moderated by posts so in some cases the posts will not be visible immediately.

Last edited by newdigital; 11-21-2007 at 03:04 PM.
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Old 11-21-2007, 03:39 PM
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how objective is my own evaluation ?...

Newdigital has send me in answer on a question to him a PM where he says I need to evaluate my own system...
How objective this will be if each author of a system has to do this about his own system is a big question....

But as most of you know me as straight forworth and correct and sticking to facts and no bullshit, I gonna do my best to lean as much as possible to a 100% objectivity.

First of all the reason why I have this privat trading group is not only for A system or THE system or for THE zorro system.
I opend this room on request of people who followed me for a very long period of time in a public room on paltalk.
Myself and the people who followed me saw that their was a lot of abuse of my goodwill. I was in that room every day to help people out and to help people how to trade and gave severall webinars on systems that I develloped 100% for free.

I return I received a lot of very nice mails comments PM and compliments.
But I received also a lot of critisism of people who were not satisfied with what they RECEIVED. Or from people who held me responsible for losses that they made.
Give a profitable system with a lot of discretionary elements in to a group of people and a few people will manage to make money but still a majority will manage to get away with losses. That is the nature of the game wich is called TRADING.
There is no such thing as "an everybody rich "system.

So at some point I had enough of the shit that I had to take and I wanted to be surounded with people that I know who apreciated that I was giving help to them and in return they wanted to show that with a monthly subscription.
People who are realy pleased and satified don't wish or ask more then to give something back for their gratitude.
Only abusers have difficultys with GIVING something back in return for what they RECEIVE.

So I opend a room based on some trading systems we had used in the public room but were I felt that there were still a lot of possibilyts to improve what whe got.
So how the system was presented from the very first day, it had a lot a flaws.
But day by day I kept on develloping to get rid of the negative elements (for ex. to much trades). I improved it a lot in this way that we descided to start officialy trading the 19th Oct.

I continued develloping and with the help of Alex_winner I promgrammed all my rules, entrys exits, T/P, S/L B/E's and combination of 2 systems etc...into 2 BIG indicators that can be seen as an EA but the only difference is that someone has to puch the execution button.

Since the 19th of Oct I have been posting all the results according the signals that were generated each day. Those results are 100% accurate and do not contain any discretionary results what so ever.
These results are not some bragging around attempt but are the results of what one would have if one takes in all these signals. The results are based on the closing prices were signals were given. So these results do not contain any spread nore any slipage what so ever.
But I believe that the total results gives enough room to deduct the spread and the slipage and still leave you with enough money on the table.

Is the system as we have it now all roses and sunshine ?...
NO..ABSOLUTLY NOT!...
The succes of each individual depends highly on his own discipline to take in all trades. And the majority of the members does not have this discipline or do not have the time to be in the room for personall reasons. If one wants to take in all signals (wich is realy nescessary) he needs to be their from the start of the UK session till the end of the US session. For many people impossible because of the different time zones.

Also many people have difficultys to take in a trade after they had previously 5 losing trades. They do not take the 6 trade but afterworths it proofs that this was a bad descission because it was a highly profitable trade that erased the previous losses and even adds a profit on top of it. That leads to frustration and leads to waiting to take in the next trade. Next trade also a winning trade so then they descide to pickup the next trades. Next trades are again losing trades ..etc..etc... So by picking out the trades instead of taking them all they end up the day with a serious loss were the system makes a very nice profit. As example I can give you this result: The system makes the 14-11-07 a nice profit of 181pips. A member of the group gets away with a - 484 pip loss. Reason: getting in to late... missing out on 5 T/P that afterworths for him turn in a serious loss etc etc...
So bottom line, not having the discipline to stick 100% to the rules of the system.

So I tryed to listen to those problems and now (since yesterday) we have incorporated even the allerts and visual signs on the chart to show the T/P and the stoplosses with a ringing alert so people would not forget about the T/P's and S/L's. So it would help them realy in not making anymore mistakes.

Is there room for more improvement?...
ALWAYS!...the day that I do not think anymore to improve a system or setup is the day that I stop trading or that I stop with this zorro trading group.

I know that some people have difficultys with the amount of trades that one needs to take. So I will not rest till I found a solution that could meet their desires or wiches. But again the results of such a system will highly depend on the discipline they will have to take in all trades nescessary to come to a positive result.

But I can ashure you 100% that the resuls that I post are 100% according the rules and are witnessed by the members of the group who are in the room and each signal apeared on each member's MT4 platform with the help of the indicators and templates.
If someone descides to not take some of the trades or take in only a few positions, that is his own responsability. I can not sit beside each member of the group to push his button for execution.
Today some people started trading with the opening of the UK session. After 1H45m. they were more then +400 pips in profit. They descided to pull the plug and call it a day and take the rest of the day off. One can say that is no discipline because they need to take in all trades. On the other hand I can not blame them. On the contrary.

As I said so many times. Real trading is hard work.
There is no such thing as making good money in an easy way. The zorro trading group and aspeacialy the system is helping a lot but it is not bringing the money to your house.

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)

Last edited by iGoR; 11-21-2007 at 08:00 PM.
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Old 11-21-2007, 03:41 PM
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test....................
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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)
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Old 11-21-2007, 04:39 PM
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Quote:
Originally Posted by iGoR View Post
Newdigital has send me in answer on a question to him a PM where he says I need to evaluate my own system...
How objective this will be if each author of a system has to do this about his own system is a big question....
....
Thanks.
That's not a problem: you can start, many people can join and continue. How can I evaluate if I knew nothing about your system? People will ask me and i will say "i don't know" they will say "how you don't know?" and "don't you know?" I will reply "I don't know" and they will say to me "and who are you do you remember: name for examle?" ... Joking (it was real talking by PM today with some member who asked me).

Besides this evaluation thread is permanent thread and this thread is related to our forex tsd forum. Every commercial thread will have additional evaluation thread.

Don't forget that you are having public Zorro system also Follow (Z_o_R_R_o) system by FXiGoR
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