Lord Flashearts Rogue Traders and Watchdog Thread

http://stocktwits.com/stephanusR I only provide the real-time trade entry. Continual updates could be provided but stocktwits.com isn't a discussion forum. I tell a person what to trade and when . Each winning trade is documented with a chart, clearly showing the time it took to rally and the draw down. The last draw down was zero pips. Each winning trade the pip gain to draw down ratio is given. Most of the draw downs are around 10 pips. A losing trade is marked as such around 30 to 50 pip draw down. Thus to answer your question one should place stoploss at around 50 pips on each trade.

Here is the thread as per your request:
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624

They will first be posted to http://stocktwits.com/stephanusR and then some comments and updates on the trade will be provided at
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624
I would most welcome your views on my real-time trades that will be given in the days to come.
 
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trading100 said:
http://stocktwits.com/stephanusR I only provide the real-time trade entry. Continual updates could be provided but stocktwits.com isn't a discussion forum. I tell a person what to trade and when . Each winning trade is documented with a chart, clearly showing the time it took to rally and the draw down. The last draw down was zero pips. Each winning trade the pip gain to draw down ratio is given. Most of the draw downs are around 10 pips. A losing trade is marked as such around 30 to 50 pip draw down. Thus to answer your question one should place stoploss at around 50 pips on each trade.

Here is the thread as per your request:
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624

They will first be posted to http://stocktwits.com/stephanusR and then some comments and updates on the trade will be provided at
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624
I would most welcome your views on my real-time trades that will be given in the days to come.
Click to expand...

My views are this,do you ever plan to charge for these trades> To provide a real time call without a stop is unacceptable. we have had many join the site and do exactly that. Generally they wait for them to go there own way. Your claim of over 90% is totally unproven and must be proved. Do you mean that 90% make a profit or are profitable. How could anyone take you calls if they have no stops or up to the minute get outs as they occur.Thanks
 
Lord Flasheart said:
My views are this,do you ever plan to charge for these trades> To provide a real time call without a stop is unacceptable. we have had many join the site and do exactly that. Generally they wait for them to go there own way. Your claim of over 90% is totally unproven and must be proved. Do you mean that 90% make a profit or are profitable. How could anyone take you calls if they have no stops or up to the minute get outs as they occur.Thanks
Click to expand...

You have a very valid point, which I will incorporate into my wiki on my real-time trades. One should thus have an arbitrary stoploss level of say 30pips to designate a trade as a losing trade automatically. This is why tr.43 on the yen 13 Sept 2010 was designated as a losing trade after it fell 30 pips from entry. I am not planning on charging for anything for the time being. Thus I will commit myself to having 30pips as the stoploss level on all trades.

With my next real-time trade I will post updates to the designated thread .
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624

Note that each of the 43 winning trades out of 48 the draw-down (different way of saying stoploss) was given. It is indeed pointless to claim a winning trade if the draw-down was 100 pips and the next one 40 pips.
 
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Trader333 said:
K2A was a partner long before the thread that was removed was even started. Your comments are incorrect in terms of sequence. As far as I am aware there have been no incidences of partners being taken on following a thread deletion which is why I asked which companies. I have also raised the K2A situation as an issue.


Paul
Click to expand...


Given the content of that thread wouldn't the appropriate action have been to end your relationship with them rather than deleting information that could have helped inform others when making a decision about them?

When I say you I mean T2W not you personally.
 
trading100 said:
You have a very valid point, which I will incorporate into my wiki on my real-time trades. One should thus have an arbitrary stoploss level of say 30pips to designate a trade as a losing trade automatically. This is why tr.43 on the yen 13 Sept 2010 was designated as a losing trade after it fell 30 pips from entry. I am not planning on charging for anything for the time being. Thus I will commit myself to having 30pips as the stoploss level on all trades.

With my next real-time trade I will post updates to the designated thread .
http://www.trade2win.com/boards/day...e-stocktwits-com-trade-calls.html#post1252624

Note that each of the 43 winning trades out of 48 the draw-down (different way of saying stoploss) was given. It is indeed pointless to claim a winning trade if the draw-down was 100 pips and the next one 40 pips.
Click to expand...

And how did you choose this 30 pips level? It does indeed sound totally arbitary to me. You trade several currency pairs right? not just one.....
 
To have an arbitrary 30 pip stop when different pairs move with different volatilities and ranges seems to me to be trying to impose rules which bear no relationship to the nature of the instrument being traded.
A trading strategy or methodology must reflect the characteristics of what's being traded.
Richard
 
bedsit said:
trading100 said:
http://www.knowledgetoaction.co.uk/about/interview/ QUOTE]

Out of curiosity had a look at the video - the guy never traded FX before and thanks to K2A after couple of days of studying he achieved amazing results.
Click to expand...

Yes according to the video Mr Partha Banerjee claims to have done very well, I wonder is it the same Mr Banerjee that has also contributed the following journalistic masterpieces.

http://www.articleintray.com/Browse/6494/Partha-Banerjee.html

You know I smell a rat, I think I'll have to look into this a bit more, too much of a coincidence there. Feel free to delete this post I have all the details I need.
Click to expand...
 
pboyles said:
You know I smell a rat, I think I'll have to look into this a bit more, too much of a coincidence there. Feel free to delete this post I have all the details I need.
Click to expand...

Thanks for the heads up pboyles.
My mate Partha is forking out shed loads of wonga to pave the way for a marketing campaign here on T2W. All the staff, Moderators and Forum Guides are all in on it. Courtesy of Big P (as he's known to his friends), we're gonna get a great Christmas bonus this year - all at the expense of T2W members. So, we - the royal 'we' that is - don't want to see any criticism of Big P! No sir, no way - we're gonna stamp that out right away! In fact, I'm going to PM Sharky right now so that he can delete your post in person.

In the venerable words of Monty Python: this record's repeating itself, this record's repeating itself, this record's repeating itself, this record's repeating itself . . .
:cheesy:
Tim.
 
timsk said:
Thanks for the heads up pboyles.
My mate Partha is forking out shed loads of wonga to pave the way for a marketing campaign here on T2W. All the staff, Moderators and Forum Guides are all in on it. Courtesy of Big P (as he's known to his friends), we're gonna get a great Christmas bonus this year - all at the expense of T2W members. So, we - the royal 'we' that is - don't want to see any criticism of Big P! No sir, no way - we're gonna stamp that out right away! In fact, I'm going to PM Sharky right now so that he can delete your post in person.

In the venerable words of Monty Python: this record's repeating itself, this record's repeating itself, this record's repeating itself, this record's repeating itself . . .
:cheesy:
Tim.
Click to expand...

Laugh about it if you want, decent people are losing hard earned money to these scams yet T2W is happy to accept their business in full knowledge of all the complaints about them. Shame on you and anyone else that thinks that's worthy of a joke.
 
timsk said:
Thanks for the heads up pboyles.
My mate Partha is forking out shed loads of wonga to pave the way for a marketing campaign here on T2W. All the staff, Moderators and Forum Guides are all in on it. Courtesy of Big P (as he's known to his friends), we're gonna get a great Christmas bonus this year - all at the expense of T2W members. So, we - the royal 'we' that is - don't want to see any criticism of Big P! No sir, no way - we're gonna stamp that out right away! In fact, I'm going to PM Sharky right now so that he can delete your post in person.

In the venerable words of Monty Python: this record's repeating itself, this record's repeating itself, this record's repeating itself, this record's repeating itself . . .
:cheesy:
Tim.
Click to expand...

So in post 239 of the following thread we see mention of another T2W 'partner offer' from LTG Goldrock aka Live Trader Global.

http://www.trade2win.com/boards/first-steps/91452-live-trader-global-30.html#post1241910

Those Australians that paid LTG for training/signals all seem to be rather unhappy with what they got and they weren't afraid to say so, yet LTG still end up being T2W partners.
 
pboyles said:
So in post 239 of the following thread we see mention of another T2W 'partner offer' from LTG Goldrock aka Live Trader Global.

http://www.trade2win.com/boards/first-steps/91452-live-trader-global-30.html#post1241910

Those Australians that paid LTG for training/signals all seem to be rather unhappy with what they got and they weren't afraid to say so, yet LTG still end up being T2W partners.
Click to expand...


In post number 1 in the following thread we can see that a previous thread critical of LTG was deleted. A rather unfortunate coincidence I'd say.

http://www.trade2win.com/boards/first-steps/91452-live-trader-global.html#post1106398
 
pboyles said:
So in post 239 of the following thread we see mention of another T2W 'partner offer' from LTG Goldrock aka Live Trader Global.

http://www.trade2win.com/boards/first-steps/91452-live-trader-global-30.html#post1241910

Those Australians that paid LTG for training/signals all seem to be rather unhappy with what they got and they weren't afraid to say so, yet LTG still end up being T2W partners.
Click to expand...

Hi pboyles,
I commend your work in uncovering and highlighting companies that - in your opinion - fail to fulfil their claims or leave their customers feeling unhappy. Joking aside, bringing to the attention of fellow members that XYZ company may fall short of expectations is a valuable contribution to the forum.
(y)

The problem - as I understand it - seems to be the issue of T2W's involvement - where one exists. If you look around the site, you'll see that T2W has a business relationship with a whole host of individuals and companies offering a multitude of services, ranging from brokerage through to courses. Without commissions and advertising revenue, T2W would cease to exist. Period.

Given the nature of trading, it simply isn't possible for T2W to only ever enter into business relationships with companies who guarantee 100% of the time to make money for their clients! That's fantasy land. If we could make such a promise, we would, and the membership would be 10 times as big as it currently is. So, there will always be unhappy customers who feel they haven't got a fair deal. I hope you understand this and that it doesn't require further explanation.

T2W never, ever, knowingly enters into business relationships with individuals or companies that it believes aren't in the best interests of members. By 'best interest' I mean when FSA rulings and legal actions against companies come to light, then contracts with said companies are reviewed. I, Trader333 and some of the Mods have made our views very clear to Sharky and EK1 that, in such cases, contracts with individuals or companies should not be renewed. But, ultimately, it's not our decision. After all, we're not the ones trying to run a business and maintain a fantastic FREE resource for hundreds of thousands of members!

The fundamental point that irks me and prompted my previous post is the inference that those of us on this side of the fence are in some way dishonorable and seek to collude and protect the relationship between T2W and its business partners by deleting posts. This simply doesn't happen. I repeat - posts are only ever deleted for two reasons - because they breach site guidelines or because, on the advice of our legal representatives - they expose us to the thread of legal action. End of.
Tim.
 
pboyles said:
Right, but the point is that those unhappy customers' views are suppressed so that other potential customers are not dissuaded from buying the same product or service. Only happy customers are tolerated.

Remember in one instance we are talking about a company that ran TV ads with a 'hedge fund manager' saying their training was invaluable blah blah blah but the hedge fund manager was later discovered to be a member of the training staff and the claimed hedge fund didn't exist.

The way you put it makes it sound like somebody bough a coat from M&S and was complaining about the zip not working.
Click to expand...

Hi pboyles,
I think we're going round in circles here!

If posts have been deleted (I'm happy to take your word for it), it will only be for the reasons already given, and NOT to protect a business relationship between T2W and the organisation concerned. There are scores of threads and thousands of posts that are highly critical of lots of firms that T2W deals with which haven't been deleted. Why is this? If your theory was correct, 'we' would delete all of those too!!! For example, many members have an extremely dim view of spread betting companies and are very forthright in expressing such views. T2W has links with a many SB firms, but the posts that are critical of them aren't deleted. Why not? At the very least, this suggests that there must be another explanation besides the one you allege.

FWIW, I accept and agree that it's unfortunate that T2W appears to have an ongoing business relationship with a company that has a FSA ruling against it or some other official black mark. As I say, as and when barjon, Trader333, myself and others are made aware of such things - via the efforts of your good self and others - we're quick to pass on this info' to Sharky and EK1. It's then up to them and the company that handles advertising for T2W to make a decision about any future contractual arrangements.
Tim.
 
I just received a junk e mail from Knowledge to Action. Trade 1 hour a day, zero commute, couldn't be simpler.

All that and a 'T2W partner' as well. Embarrased...you should be.
 

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