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  #2051 (permalink)  
Old 01-13-2008, 05:25 AM
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Quote:
Originally Posted by Pip Trip View Post
1 Year 1,000,000 Pip Challange On FTC Start Date 1/3/08

Top 5 Proven Traders

1)roodstaart YTD Total = +463

2)marulash YTD Total = +152

3)boophatyYTD Total = +110

4)guyverYTD Total = +67

5)droesparky YTD Total = +51

Total Proven Pips On Thread = +787 as of 1/11/08

So, not trying to be a naysayer or anything like that but I'm not sure what's going on here.

If you're trying to prove a system working, this makes no sense. You can have multiple traders making barely anything but eventually totalling 1 mil pips. This won't make for a nice career trading with bills to pay.

Also, if there really was a "system" that could be traded properly by each and every trader (hence a system), you need (and should) only to show the AVERAGE of the 5 traders which would be 157 earned by "the system" so far this year.

Just trying to figure this out. Looks fun nonetheless!

Good luck all
Hey PipTrip,

The point im trying to make is that we can make a million pips. Its something for us 2 do. When u create a system u can do as u wish. I am not forcing anyone to do anything. Its a fun way for us to learn how to trade this system right & with profit. Its for us.

Im not selling anything. Its a competition. I dont need averages. People who trade this know it works. its a great way to bring us 2gether as a thread.

Good Luck in your trading.

Bear-

Last edited by bigbear3391; 01-13-2008 at 07:25 AM.
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  #2052 (permalink)  
Old 01-13-2008, 05:29 AM
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Angry

Quote:
Originally Posted by Michel View Post
You should not do the total of the pips, this is meaningless. You can have one account and make 100 pips one day, but if you manage 4 accounts, each one doing the same trades, is it correct to say you did 400 pips ? It looks like the S. or A. advertising method...
Hey Michel,

I AM NOT SELLING ANYTHING!!!!!. I dont have to advertise. I can do what I want if you dont like it 2 bad. I dont understand you people. You will never be successful if you stay so negative & nit picky. ITS A COMPETITION BETWEEN THREAD MEMBERS. The only meaningless thing is your post.

Bear-

Last edited by bigbear3391; 01-13-2008 at 07:28 AM.
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  #2053 (permalink)  
Old 01-13-2008, 05:38 AM
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Quote:
Originally Posted by mp6140 View Post
interesting hypotheticals here ---

i know if i take a trade, with lets say 5 lots and it moves 100 pips, i feel no discomfort in saying i earned 500 pips, for that is exactly what I have done, but in the case of advertising pip values for a "product", it becomes a bit exhuberant to count up all the pips earned by the number of people using the EA ---- if you had 20 people using the method, it would be deceptive to say the EA has earned 1000 pips this month even though, in reality of number of people using it, it did !

When advertising, one should use the highest SINGLE user amount, which is the honest way to advertise it.

One could also present a "range" of pip profits, stating the lowest and the highest, which would also be very informative and extremely honest !

my opinion based on my morality

enjoy and trade well

mp
Hey MP,

morality? This is trading. What the hell is wrong with u people. You need to get out more often or something. THERE IS NO EA FOR THIS METHOD THAT IS COMPLETE! ALL RESULTS ARE BASED ON MANUAL TRADING WITH SCREENS SHOTS> IT IS A COMPETITION BETWEEN THREAD MEMBERS> IF U DONT WANT TO JOIN DONT! GO PLAY SOMEWHERE ELSE!!! & FOR THE LAST TIME I AM NOT SELLING ANYTHING!!! WHY DO YOU PEOPLE KEEP MENTION ADVERTISING!!!

I hate to lose my cool but you people are 2 much. You dont even know whats going on b4 u open your mouths. If you cant even know whats going on in a thread, how will u ever be a successful trader.

You can flame on me all you want, it wont change a thing. Im right & your wrong & you wont change my mind no matter what kind of things you say.

Good Luck In Your Trading, Your Gonna Need It,

Bear-

Last edited by bigbear3391; 01-13-2008 at 07:29 AM.
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  #2054 (permalink)  
Old 01-13-2008, 10:14 AM
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cool.............

You are right of course Bear, but do not get upset. Let it be ...was a nice song.....It is the same with people who react on indicators with "is it repainting" and then mean it cannot be of value.
Well, it does not matter if something repaints. It is the interpretation of the trader of the information on his/her screen that matters.
For instance, take a stochastic and put it on the 4hr chart of eurjpy of gbpjpy. Last week a situation arrived, where one could start buying, as the stochastic went up from under the 20line. But then, a few days later it bents back. That is no repainting, but one has to get out of the buytrade if one does not want to loose money. The"repainting" arrow on the bouncechart that has been there at the beginning of the week did not stop the pair to trade lower. I wish it could...that would be easy trading, wow! So basicly there was and is no difference between those repainting and nonrepainting indicators. It is just up to the trader. And I think, that all those guys/girls that are screaming over here about repainting, lagging, advertising a method, or what ever, do not trade anything or if they do, make loss after loss. If not, shut up and show your results to prove me wrong. And mrBear, let it be......for silence is golden.... is also a nice song............

Last edited by roodstaart; 01-13-2008 at 10:25 AM.
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  #2055 (permalink)  
Old 01-13-2008, 12:00 PM
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Quote:
Originally Posted by roodstaart View Post
You are right of course Bear, but do not get upset. Let it be ...was a nice song.....It is the same with people who react on indicators with "is it repainting" and then mean it cannot be of value.
Well, it does not matter if something repaints. It is the interpretation of the trader of the information on his/her screen that matters.
For instance, take a stochastic and put it on the 4hr chart of eurjpy of gbpjpy. Last week a situation arrived, where one could start buying, as the stochastic went up from under the 20line. But then, a few days later it bents back. That is no repainting, but one has to get out of the buytrade if one does not want to loose money. The"repainting" arrow on the bouncechart that has been there at the beginning of the week did not stop the pair to trade lower. I wish it could...that would be easy trading, wow! So basicly there was and is no difference between those repainting and nonrepainting indicators. It is just up to the trader. And I think, that all those guys/girls that are screaming over here about repainting, lagging, advertising a method, or what ever, do not trade anything or if they do, make loss after loss. If not, shut up and show your results to prove me wrong. And mrBear, let it be......for silence is golden.... is also a nice song............
Very Good Post! Thanks alot.
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  #2056 (permalink)  
Old 01-13-2008, 01:32 PM
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That's cool. Whatever helps.

Good luck with all,

PT

Quote:
Originally Posted by bigbear3391 View Post
Hey PipTrip,

The point im trying to make is that we can make a million pips. Its something for us 2 do. When u create a system u can do as u wish. I am not forcing anyone to do anything. Its a fun way for us to learn how to trade this system right & with profit. Its for us.

Im not selling anything. Its a competition. I dont need averages. People who trade this know it works. its a great way to bring us 2gether as a thread.

Good Luck in your trading.

Bear-
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  #2057 (permalink)  
Old 01-13-2008, 02:31 PM
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Bear ---- The LAST person on this or any other site that needs help with his/her trading is me, the traders who work with me and the students who have learned from me and other professional traders I associate with !

I am reacting to what I read, and wherever this thread may have started, its like the childs game of "telephone" -- it takes on its own life and direction and its present direction, whether you desire it or not, has fallen to a discussion of how your "results" should be presented !

I refer to "advertising" as ANYONE who posts "results" of a competition, testing or "placement", which, by definition, IS advertising !!!

You may very well have your concept of what your posts were MEANT to mean, but when you see confusion and discussion setting in concerning your posts, instead of reacting like a big ole bear, try seeing what OTHERS are reading into the confusion and think about it for a minute --- if you would choose to see, then you could easily and simply explain YOUR position as insults and yelling back do NOT represent conversation, simply an inability to understand why this is happening !

THEN, once youve settled that, get on with whatever the point is --- you know, the ORIGINAL point !

mp








Quote:
Originally Posted by bigbear3391 View Post
Hey MP,

morality? This is trading. What the hell is wrong with u people. You need to get out more often or something. THERE IS NO EA FOR THIS METHOD THAT IS COMPLETE! ALL RESULTS ARE BASED ON MANUAL TRADING WITH SCREENS SHOTS> IT IS A COMPETITION BETWEEN THREAD MEMBERS> IF U DONT WANT TO JOIN DONT! GO PLAY SOMEWHERE ELSE!!! & FOR THE LAST TIME I AM NOT SELLING ANYTHING!!! WHY DO YOU PEOPLE KEEP MENTION ADVERTISING!!!

I hate to lose my cool but you people are 2 much. You dont even know whats going on b4 u open your mouths. If you cant even know whats going on in a thread, how will u ever be a successful trader.

You can flame on me all you want, it wont change a thing. Im right & your wrong & you wont change my mind no matter what kind of things you say.

Good Luck In Your Trading, Your Gonna Need It,

Bear-
__________________
Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !

As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!
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  #2058 (permalink)  
Old 01-13-2008, 02:34 PM
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I think it will be cool to see by years end to see how many of us it will take to make a million pips.
Along the way maybe it will make some of us very good at this one method. Most of us should understand that is key in forex. to have a plan and not deviate from it.
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My Pips in 2008 = +154
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  #2059 (permalink)  
Old 01-13-2008, 02:55 PM
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Thumbs up Curious.

This is my first post in a forum of any kind, for any thing. I have now reviewed T2W, Forex Factory, and this forum for the last three months, and I have to say that BigBear has done a huge service to the trading community. I have reviewed and tested virtually every type of system that made sense to me - on demo of course - and there are few approaches that come even close to this.

Being somewhat new to this, I have an impression that people don't really read the threads and just spout off. This thread has been consistently proactive (thanks to all of you) and I would hope to see this continue. I see the "competition" as a mechanism to continue the conversation, and improve the group. I hope everyone coming to this thread would join me in this mind set.

After reading 1000s of pages of postings and finally finding one that actually is on topic, helpful and has a working strategy, it would be nice to keep it that way.

ps. If you think you are right about something, great! Go talk to your therapist and sort it out. Please post your opinion with your mother.
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  #2060 (permalink)  
Old 01-13-2008, 03:00 PM
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while I use my own "system" (ah, who can really say its "MY" system since all systems are a compendium of what came before) I would like to check my pips against the top dog in the competition, but my broker and ECN both read out in dollars and not pips ---- while few probably know how to set EFX to pips display, most should know where that little switch is on MT4 platform, so whoever DOES know, could you let me in on it also ?

danged if i can or would spend the next week converting dollars into pips for this year !

thnx

mp





Quote:
Originally Posted by droesparky View Post
I think it will be cool to see by years end to see how many of us it will take to make a million pips.
Along the way maybe it will make some of us very good at this one method. Most of us should understand that is key in forex. to have a plan and not deviate from it.
__________________
Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !

As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!
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