Hi Fugazsy
When I joined this forum in October 2013- and got lots of stick from day one - I knew I was making it worse for myself by saying I would never show my account statements and my past record.
My reasoning was many fold - ie - what ever I showed - nobody would believe it - and say its a con and I must have 2 accounts doing the opposite on each and only cherry picking - or never closing losing trades etc etc etc
We have seen in this last year a few members who have showed modified statements - that at the time seemed to be good to be true - and in one case after days of improving profits every day - by showing a trade for exactly one million gave the ball game totally away.
The fact that I don't sell anything - makes it that I have no need to show great earnings and big numbers. I have always stated from day one that I take between 10 to 20 trades a day on average - and can have normally 1 - 4 losses and that my daily target is 50 pips.
I knew everyone would think - yes load of bo88oxxz - so I was delighted to be able to spend 6 -8 months assisting Major Magnum to copy my method to a "t" and for him then to show some of his statements both on demo and live - backing up what I have been achieving for many years.
I think now he has shown at least 25+ account statements over the last 6 months with him already beating my daily one off pip record of 409 pips - by achieving approx 490 pips on under 35 trades in less than 12 hrs.
Remember - he's still learning - although the fact that he has now taken over 1000 live trades and his I think 20 yrs younger than me - i am sure he will be out performing me this next year. Ok I have another 16K live trades more than him - but that does not count so much - I think once you have taken over 5k live trades over a 18 /24 month period - you then don't learn so much every 1000 trades.
The key is time and having a trading window opportunities to cover the main 2 times of the day - ie European Opens and then the US Opens
If you have 8 -12 hrs available and then can spend at least 20 mins every hour scanning for my main 6 KT's - then with less than actually 4 hrs of actual time stuck in front of your computers - you can easily take 10+ trades and on busy days - 20+ trades spread over 2 to 6 pairs.
I have never read this anywhere else - its only me who says it - but then- I have the proof to show it works - and thats all I need.
If nobody else believes me and would prefer to stay with the well know book and course selling "gurus" - let them - its their loss ;-)
Have a good week Fugazsy - but i reckon you will
PS - stake size for entries - from 0 5 % to 1 % on capital accounts up to $70k and I have tried a separate $12k account with scalps size up to 4% - based on an average 5 pip stop - absolute cash more important that % size - like to think 30% stake size is not under $15 a pip - ideally $20 - $25 ( sorry forget that in original reply )
Regards
F
F
did not want to see a statement, a chart with historical entries and exits (not added arrows) with reasons would be enough.....
A statement can be easily retouched, reasons and decisions behind those reasons cannot be retouched, yes they can be distorted to fit past data but they will easily show their nonsense.
I think I asked you before about and historical chart, but I have not seen any yet....
I think it is fair enough for a member of the forum do ask for some kind of backing up when you make such huge claim......of course is your prerogative to show some if you want......
If you go to the Bob Volman thread you will see it that he posts every week his historical trades with his entries and exits and reasons, which I find very informative, because he is showing what he is thinking and how he is actining, he is not just claiming 150 pips a day.....
just a thought maybe to make your thread interesting to me as well.....