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  • #61
    Originally posted by Nick View Post

    Personally I just want a strategy that makes money over the long term. The win rate means nothing to me, HOWEVER I'm not your usual retail client. We've offered strategies in the past that trade infrequently with lower win rates and nobody gets involved.

    Clients say they don't care about activity and winning percentages, but as soon as money is on the table the vast majority seek the regular dopamine rush that comes from closing trades in profit.
    There you go...Yes the main problem is that the REAL winning strategy is too BORING to generate any great amount of interest, and most people only want to see all trades closed in profit and they can't take any losses. Hence why the grids and martingales never die, but they will all eventually fail because their underlying strategy do not have any long term statistical edge over the market.

    Counting cards in Blackjack works and that's why they are banned by the casinos. What the card counters do is to increase their bets when the count is favourable which offer a statistical edge over the house. They will still have losses even when the count is good, but that long term statistical edge means they will end up making profit over the long term. I believe in Forex, SFE PA is just that tool that gives people the statistical edge over the market - but most people just don't have that long term vision to stick with it.

    Simply put, Grid/Martingale strategies = the usual casino goers that lose money to the casino because they don't have a winning strategy that has a long term edge, and they're simply gambling;
    SFE PA = pros that count cards!

    Nick, I think you should just offer the REAL winning strategy and don't worry about what the clients have to say. It's their loss if they cannot accept short term losses for long term gains. Eventually when they see the long term results, they will come back to you.
    SFE EAs + manual trades - Myfxbook
    SFE EAs + manual trades - SimpleTrader Signal

    Comment


    • #62
      Originally posted by Nick View Post

      Personally I just want a strategy that makes money over the long term. The win rate means nothing to me, HOWEVER I'm not your usual retail client. We've offered strategies in the past that trade infrequently with lower win rates and nobody gets involved.

      Clients say they don't care about activity and winning percentages, but as soon as money is on the table the vast majority seek the regular dopamine rush that comes from closing trades in profit.
      I understand that people want to see super smooth balance lines, 99% win rate and all that. Systems like that get much more attention.

      But is it really worth it? The stress from all the blown accounts would kill me... This signal/social trading business is still new in my opinion, and people are getting smarter. Basically everyone already lost to martingale and grid stategys, maybe tried a second or third time, and lost again.., and every day, less people want to see them.

      So please, try it with a normal strategy next time. Maybe it'll take more time to find investors (those you'll find will possibly invest a bigger amount), but it's definitely the better longterm plan for ForexSignals.

      Comment


      • #63
        Originally posted by dazz1975 View Post
        Hi Nick,

        I can sense your frustration with the same old comments from xinvestor and Balboa and I would be frustrated too.

        I am guessing they both have lost money through this website and are continuing to harp on about it over and over again. I think they have made there point.

        I believe the point they are trying to make is that gridding is poor risk management and more than likely burnt from the likes of FX Amplified, Vijay, Dayfox, Goldstar and now it seems Jay may have has wiped alot of money from their accounts.

        They don't seem to think that forexsignals is learning from their mistakes.

        In saying that balboa and xinvestor have the option to select a trader to their risk profile liking.

        I would love it if you can find a non grid strategy to compliment your preferred traders.

        Cheers



        Sent from my SM-G920I using Tapatalk
        Well, you are guessing wrong, at least in my case. Pointing out the mistakes and poor choices of traders Nick is making, doesent mean I got burned. It makes no sense to suggest that without any proof, you simply made it up. I only comment the things that are in front of me and you are just guessing which you actually admited in your post so you should get your facts straight before making such statements.

        Same old comments you say? Of course they are all similar. I react to what Nick says and he always says the same thing, always defending Jay even thugh everyone knows the system is crap. Some people were predicting what will happen 6 months ago and were called trolls and idiots. It turned out they were not idiots after all, they were 100% correct the whole time.

        And the thing is traders that fit all Nicks criteria do exsist, I just think they dont want to be assiciated with FS but thats only my guess, I dont know it for a fact. One of them was actually here as a signal provider but left a while ago and still going strong.

        As for me dazz1975, I have been doing very well and my investment is far from what you were suggesting earlier. In fact I havent gone more than a few days without new equity highs since I invested months ago. Maybe you and Nick should look into it...

        Cheers

        Comment


        • #64
          Originally posted by Xinvestor View Post

          In fact I havent gone more than a few days without new equity highs since I invested months ago. Maybe you and Nick should look into it...

          Cheers

          Nice Lie .Careful guys if he sends you pm asking you to join his fund manager

          Comment


          • #65
            Originally posted by MrMcmahon View Post


            Nice Lie .Careful guys if he sends you pm asking you to join his fund manager
            You are the kind of person who makes claims based on no real evidence. Where is your evidence that what I said is a lie? Do you know where/who I am invested with? Have you seen the performance? If not, then you have no basis to be calling me a liar. You can say you dont believe me but calling me a liar means you must have some evidence. So where is it?
            Last edited by Xinvestor; 05-02-2018, 02:40 PM.

            Comment


            • #66
              Originally posted by Xinvestor View Post

              You are the kind of person who makes claims based on no real evidence. Where is your evidence that what I said is a lie? Do you know where/who I am invested with? Have you seen the performance? If not, then you have no basis to be calling me a liar. You can say you dont believe me but calling me a liar means you must have some evidence. So where is it?
              Lol so where is your evidence that you are making equity highs every few days ????? Please post it or shut the hell up .

              Your claims without any evidence are same as mine without any evidence .So that makes us equal .Walk the talk or shut the f**k off
              Last edited by MrMcmahon; 05-02-2018, 03:00 PM.

              Comment


              • #67
                Originally posted by MrMcmahon View Post

                Lol so where is your evidence that you are making equity highs every few days ????? Please post it or shut the hell up .
                At least you admit that you have/had no evidence of me lying about perfromance of my investment. Thats very big of you hahaha.


                And wasnt it you who wrote this a couple of weeks back:
                A man is likely to mind his own business when it is worth minding. When it is not, he takes his mind off his own meaningless affairs by minding other...

                Why are you now taking your mind off your own meaningless affairs by minding other? Wouldnt it be better if you took your own advice and care about your own stuff? You are clearly irritated for some reason. Maybe you were a SC investor and thats why you are so hostile now. If I were you, I would take a walk. This kind of negativity is not good for your health.


                P.S:
                I thought in USA you have a legal requirement called burden of proof. That means if I make a claim and you call it a lie, you have to prove it. Its not on me to prove what I am saying is true. You can decide if you believe me or not but you can not call me a liar publically like you are doing now. So we are not the same at the least. In the real world I could actually sue you for defamation and took you for everything you own. Or maybe you are a lefty who doesnt care about the rule of law but that just makes my previous point about you.
                Last edited by Xinvestor; 05-02-2018, 03:56 PM.

                Comment


                • #68
                  Originally posted by Xinvestor View Post

                  At least you admit that you have/had no evidence of me lying about perfromance of my investment. Thats very big of you hahaha.


                  And wasnt it you who wrote this a couple of weeks back:
                  A man is likely to mind his own business when it is worth minding. When it is not, he takes his mind off his own meaningless affairs by minding other...

                  Why are you now taking your mind off your own meaningless affairs by minding other? Wouldnt it be better if you took your own advice and care about your own stuff? You are clearly irritated for some reason. Maybe you were a SC investor and thats why you are so hostile now. If I were you, I would take a walk. This kind of negativity is not good for your health.


                  P.S:
                  I thought in USA you have a legal requirement called burden of proof. That means if I make a claim and you call it a lie, you have to prove it. Its not on me to prove what I am saying is true. You can decide if you believe me or not but you can not call me a liar publically like you are doing now. So we are not the same at the least. In the real world I could actually sue you for defamation and took you for everything you own. Or maybe you are a lefty who doesnt care about the rule of law but that just makes my previous point about you.
                  Lol just going on round and round .I asked you a simple question .If your results are as amazing as you claim it , just post it , but you dumbass dont have anything to show and just going on round on round about random shit . I now hope everyone can see your true intent

                  Comment


                  • #69
                    Oh come on, we had a great little conversation with Nick here, stop taking your personal fights to every damn thread on this forum... it's getting annoying.

                    Comment


                    • #70
                      Originally posted by MrMcmahon View Post

                      Lol just going on round and round .I asked you a simple question .If your results are as amazing as you claim it , just post it , but you dumbass dont have anything to show and just going on round on round about random shit . I now hope everyone can see your true intent
                      I just like to keep you in the dark, I am having fun seeing you all bothered. I dont care what you think, you proved you are not able to have a civil discussion. I was actually thinking of posting the account and make you look silly but I think you are making a case for it by all by yourself.

                      Keep calling me dumbass and a liar, that will help you recover your account from the SC loss.
                      You were dumb enough to fall for it and now you are calling me dumb. The irony.

                      How much did you lose on SC? 25% or 50%? LOL

                      Comment


                      • #71
                        Originally posted by Amadorian View Post
                        Oh come on, we had a great little conversation with Nick here, stop taking your personal fights to every damn thread on this forum... it's getting annoying.
                        You are right, I am done with this clown. He follows me to every thread and I cant let that slide. I promise, I will not respond to him anymore. Cheers

                        Comment


                        • #72
                          Originally posted by Xinvestor

                          Well, you are guessing wrong, at least in my case. Pointing out the mistakes and poor choices of traders Nick is making, doesent mean I got burned. It makes no sense to suggest that without any proof, you simply made it up. I only comment the things that are in front of me and you are just guessing which you actually admited in your post so you should get your facts straight before making such statements.

                          Same old comments you say? Of course they are all similar. I react to what Nick says and he always says the same thing, always defending Jay even thugh everyone knows the system is crap. Some people were predicting what will happen 6 months ago and were called trolls and idiots. It turned out they were not idiots after all, they were 100% correct the whole time.

                          And the thing is traders that fit all Nicks criteria do exsist, I just think they dont want to be assiciated with FS but thats only my guess, I dont know it for a fact. One of them was actually here as a signal provider but left a while ago and still going strong.

                          As for me dazz1975, I have been doing very well and my investment is far from what you were suggesting earlier. In fact I havent gone more than a few days without new equity highs since I invested months ago. Maybe you and Nick should look into it...

                          Cheers
                          Xinvestor,

                          Calm down. I never lied. I was thinking you may have been an ex client of one of those traders. Never said you were.

                          How about moving on. I think we all agree there are issues. Trading has ceased for everyone to get their affairs into line and for those willing to accept Jay's new strategy than that is up to the individual.

                          With regards to your fund manager I congratulate you on finding a successful manager.

                          Would love to see stats of the person you are investing with. Maybe in time you may be willing to show your stats.

                          You seem to be passionate about forexsignals. Maybe you can give Nick and his team your fund managers details so he can investigate further.

                          Having no real data to go by and hearsay about this person you are following Xinvestor, it is difficult to ascertain whether the information you are giving is factual.

                          Not having a go at you Xinvestor. I would like to see history. Not just directed to a fund manager with a gmail email address.


                          Cheers and best of luck.

                          Sent from my SM-G920I using Tapatalk

                          Comment


                          • #73
                            Originally posted by Xinvestor View Post

                            I just like to keep you in the dark, I am having fun seeing you all bothered. I dont care what you think, you proved you are not able to have a civil discussion. I was actually thinking of posting the account and make you look silly but I think you are making a case for it by all by yourself.

                            Keep calling me dumbass and a liar, that will help you recover your account from the SC loss.
                            You were dumb enough to fall for it and now you are calling me dumb. The irony.

                            How much did you lose on SC? 25% or 50%? LOL
                            Lol you dont care what i think yet you ask me to give proof for my claims against you . Haha Pathetic .

                            Btw Is your fund manager Jesus Christ ?

                            This is a perfect opportunity for any fund manager to get atleast 2 million in mam from Nick but Xinvestor is hiding him from the world . Yeah sounds like a perfect bullshit anyone can claim
                            Last edited by MrMcmahon; 05-03-2018, 01:51 AM.

                            Comment


                            • #74
                              Wow that escalated quickly.

                              When I used to race there was a saying in the paddock - 'When the flag drops, the bullshit stops'.

                              So Xinvestor, just post a MyFXBook link to the account, and the argument will be over.

                              Comment


                              • #75
                                Originally posted by Westie View Post
                                Wow that escalated quickly.

                                When I used to race there was a saying in the paddock - 'When the flag drops, the bullshit stops'.

                                So Xinvestor, just post a MyFXBook link to the account, and the argument will be over.
                                Yes. This please.

                                Comment

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