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Outside the Box High Risk -- the white buffalo

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  • NextGen4FX
    replied
    Originally posted by HedgeBitcoin View Post

    I am not trolling. Since I was going to follow him, I asked some simple questions when his account went past the 50% drawdown. Basically no rules apply here. It shouldn't be a surprise though right?

    https://www.forexsignals.com/forum/f...829#post103829


    Thats a question that has been answered over and over again. Don't mind me saying but just a bit of due diligence on this signal and its all over the place as to what happened with the DD and how it was handled. Again, what this SP has to offer is better than what over 95% has to offer here on ST. Wouldn't you agree? Yes, crap happens as it always does but the strategy seems to show excellent control of drawdown over a long period of time and he seems to follow his rules which is very important. I don't mean to be critical of you but I think taking a stab here was not the greatest choice. I dont defend by any means but when I see honest effort, I pay respect where respect due.
    Last edited by NextGen4FX; 10-21-2018, 08:58 PM.

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  • HedgeBitcoin
    replied
    Originally posted by NextGen4FX View Post
    Hedgebitcoin is jealous since their own signal which was highly touted a long time ago crumbled and collapsed. They broke their own rules just as many other SPs here and cost their clients alot of money. Now they have nothing else better to do than to troll other traders in this forum since they couldnt keep up their own. So interesting enough, everything they accuse other SPs even honest SPs of doing he already accomplished for himself. Time for them to move on to better things...
    I am not trolling. Since I was going to follow him, I asked some simple questions when his account went past the 50% drawdown. Basically no rules apply here. It shouldn't be a surprise though right?

    https://www.forexsignals.com/forum/f...829#post103829



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  • OutsideTheBoxHK
    replied
    Originally posted by NextGen4FX View Post
    Hedgebitcoin is jealous since their own signal which was highly touted a long time ago crumbled and collapsed. They broke their own rules just as many other SPs here and cost their clients alot of money. Now they have nothing else better to do than to troll other traders in this forum since they couldnt keep up their own. So interesting enough, everything they accuse other SPs even honest SPs of doing he already accomplished for himself. Time for them to move on to better things...
    Oh I didn't know all of this.
    1. What was the signal name?
    2. Did he use another name at that time?
    3. Is there any forum postings discussing that Signal / that time?
    4. where can I find more information about the trader / Hedgebitcoin?

      I'm seeing more of the whole picture now. Heaps of psychology going on here (projection issues). With which I am very familiar being a trader and ex husband. It's very important to know THYSELF and know the market in this Forex world. That's why I'm not shy to tell it like it is and deal with realities that other people think are off limits.

      I hate blown accounts, but even failure is part of eventual success. I had 4 blown accounts early on, and it caused tremendous upheaval in my life, and that's why I was so determined to master this whole industry over time, even if it took forever.

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  • NextGen4FX
    replied
    Hedgebitcoin is jealous since their own signal which was highly touted a long time ago crumbled and collapsed. They broke their own rules just as many other SPs here and cost their clients alot of money. Now they have nothing else better to do than to troll other traders in this forum since they couldnt keep up their own. So interesting enough, everything they accuse other SPs even honest SPs of doing he already accomplished for himself. Time for them to move on to better things...

    Leave a comment:


  • OutsideTheBoxHK
    replied
    Originally posted by primi View Post
    About this "rules - no rules" thing. You can have them or not and it's really up to you as long as you're doing what you're doing right now. As soon as you move to institutional I don't think "no rules" will be allowed. They will absolutely want to know what the risk is and you will be obliged to work within that. That's the reason I even made a post the other day on your other thread. Exceeding agreed risk is a no no. I believe Satang is trying hard to get into other spheres and he had to adjust his trading to fit within a 5% max DD rule (from memory). I don't care about any other aspect of your trading really except to know what the risk is. So you can be outside the box or whatever. But not in terms of agreed risk.

    I don't have any experience with trading for institutions obviously but from what I read and heard over the years I believe your "no rules" approach might just not work with them. Or is your experience perhaps different?
    Yes I know.
    Remember, Everyone, this is a very small part of my overall trading.
    It is high risk, and it is not meant to have a huge part of your risk capital invested in it. I put $500 in and said "let's see how this goes". If my max drawdown is 15-20% on the main account, then I should be able to run 4x risk and achieve greater side profits.
    I belong to the same semi-institutional Emerging Fund Manager program that Satang is participating in.

    It's with AxiSelect: https://psyquation.com/app/#!/home/leaderboard
    You can find me at #1 for Accelerator phase and I think Satang is already in the Pro Phase.
    5% max drawdown is with The5%ers program, and I tried that too, and guess what? It really limited my strategy and profits.

    And the max drawdown there is 10% per month and 20% overall drawdown.
    So ok, if I want bigger allocations and the more "professional investors" then I live by their terms. Simple.
    When I trade for myself and carry subs along with me, I trade on my terms. And I have stated my terms very clearly, and they are working out very well for everyone.


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  • primi
    replied
    About this "rules - no rules" thing. You can have them or not and it's really up to you as long as you're doing what you're doing right now. As soon as you move to institutional I don't think "no rules" will be allowed. They will absolutely want to know what the risk is and you will be obliged to work within that. That's the reason I even made a post the other day on your other thread. Exceeding agreed risk is a no no. I believe Satang is trying hard to get into other spheres and he had to adjust his trading to fit within a 5% max DD rule (from memory). I don't care about any other aspect of your trading really except to know what the risk is. So you can be outside the box or whatever. But not in terms of agreed risk.

    I don't have any experience with trading for institutions obviously but from what I read and heard over the years I believe your "no rules" approach might just not work with them. Or is your experience perhaps different?

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  • OutsideTheBoxHK
    replied
    Interesting.

    Your post was deleted. HedgeBitcoin Getting the clue?
    none of my posts were deleted, because I respect you and try to answer you directly.
    1. My arrogance is in my humility. I know when I fail, how I fail, and to what degree. I know myself. I know my trading. I don't need to tone this down, this is my profession and something I work at for 80 to 90 hours a week.
    2. I don't have RULES. Thus the name: OUTSIDE THE BOX. I make money, full stop. I also will be kind when someone treats me with respect and dignity. People may balk at this (not having rules), but that is the very reason I am a good trader. All my life I was told to obey rules that don't lead to more freedom and life. School, at home, in my teaching profession, on and on. No ONE "rule" or guideline will take me out of a trade before it is the right time... probability based, time based, and according to the statistics I have already generated on my strategy over nearly 1000 trades. Only according to science and art of price action. No other thing will cause me to be less profitable, which has happened in numerous other areas of my life.
    3. I am one of the best emerging traders, and one day hope to be better.... and off the internet all together, so I can focus on trading instead of banter that steals my joy for the profession and that I know the world can be a happy and peaceful place if people would just respect each other.

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  • Drcdp
    replied
    Hi Guys

    I have had a flag report regarding some posts on this thread. However, after reading the thread, I dont believe anyone has broken the rules. It seems to be a robust discussion. However, please keep any personal insults out of the debate, and just focus on the topic.

    Drcdp

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  • HedgeBitcoin
    replied
    " I put throw away money on this precisely because it's a HIGH RISK" , That has been my plan too. Now I know what is as stake, I can properly allocate the risk capital. I was just disappointed to see the rules broken and the funny commentary that followed. Best luck OutsideTheBoxHK Do as you wish and I don't care if the account margin calls at some point in the future. We now know the system well enough to make an informed decision.

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  • fiveninefish
    replied
    Not really worth replying to, as I'm tired of responding to nameless stone throwers who have no ability to give viable options and instead try to find fault everywhere they look. I put throw away money on this precisely because it's a HIGH RISK. There's a chance it will blow up, but there's also a slightly better chance that it will rocket up. I've more than doubled my money and withdrawn all my original investment already. As of yesterday (even after my withdrawal), my account had triple the balance than what it started with. Yeah, the drawdowns are crazy, but that's what I signed up for. I'm leaving in 2 days on a trip. Guess what signal provider paid for that? It wasn't SC or GS.

    Go sign up and follow a perfectly codified signal elsewhere that will give you clearly delineated assurances while bleeding your account dry from month to month and claiming 'adverse trading conditions.' I already have followed almost all of those here and elsewhere. Ditto for all the brilliantly coded EA's. I have been following OTB for almost a year, and I have no fault with his trading or his communication. His is the only signal that floated me past all the losing ones.

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  • OutsideTheBoxHK
    replied
    HedgeBitcoin

    I've done plenty of answering now your turn. That is, if you're man enough.
    1. What products do you sell in the Forex space? in the past two years?
    2. How much profit have you made from Forex in last month? last 6 months? last year?
    3. I have put my personal details from LinkedIn, Instagram, and many other social trading sites. People call me by name.
    4. Who are you? what's your name? where do you live? What do you do for a profession?

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  • OutsideTheBoxHK
    replied
    Originally posted by HedgeBitcoin View Post

    What about the 6 positions Short on GBPAUD

    https://www.forexsignals.com/forum/f...829#post103829

    Here is a chart of the US CPI data and how it moved GBPAUD 70 pips within a few minutes. If the spike was up ( against you), this account could have margin called since you also had several positions long on AUDUSD. I would call that a gamble, a coin toss, and a High risk event where you did nothing to protect your account ( hope and hold).
    1. The same reasons I mentioned for AUDUSD were also helping push down GBPAUD from multi weekly highs which was slightly above 200 WEEK MA and maxed on 4H and daily timeframes (needed to come back down to re-test, which it is doing right now.)
    2. I also was playing the uncertainty in the Brexit negotiations, as I felt there was too much "good" baked into GBP, and that it needed to be sold off due to skewed Positioning (too many longs).
    3. As you correctly stated, this is high risk trading. Allocate small at the beginning, and then we re-load with more ammunition to only save profits and only use profits to build higher overall equity.
    4. This also is why I consider a multiplicity of factors / confirmations / back-up reasons before I enter a position with risk management.
    5. So it's great that I've now explained some of the inner workings of my genius, so HEY, jump aboard this steaming freight train!!
    6. ** Note to all serious investors ** A trader has to keep things light and keep agile and flexible to be great at his trade. So realise I am partially acting intentionally facetiously. Believe me you would do so too if you had to do this all day.
      (look it up HedgeBitcoin if you don't know what that means
      We won't hold it against you, as of course you always have your anonymity going for you, as usual. using the shadows to be more aggressive and harsh than you hopefully would be in person
      )
    Last edited by OutsideTheBoxHK; 10-16-2018, 04:10 AM.

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  • HedgeBitcoin
    replied
    Originally posted by OutsideTheBoxHK View Post
    1. I have stated in the Description all that is needed for copiers to know about my trading style
    2. The description of which you refer needed to be updated to match other descriptions that had already been updated on MQL5 and SignalStart to reflect the possibility of higher drawdowns.
    3. Regarding Stop Losses, I stated "Stop Losses are used only during risk events" which means that is the only time when they will be used IF they are used.
    4. The specific data release to which you refer was US CPI, which normally moves AUDUSD approx 20 to 30 pips. Price at that time was above weekly support by a good margin, and thus I knew that price action would bounce EVEN in the event CPI data turned out to be hotter than expected. I had been monitoring price action for the prior 48 hours very carefully and had a very good idea what would happen and how much buying flow had built up underneath price. All in all, it worked wonderfully well.
    What about the 6 positions Short on GBPAUD

    https://www.forexsignals.com/forum/f...829#post103829

    Here is a chart of the US CPI data and how it moved GBPAUD 70 pips within a few minutes. If the spike was up ( against you), this account could have margin called since you also had several positions long on AUDUSD. I would call that a gamble, a coin toss, and a High risk event where you did nothing to protect your account ( hope and hold).


    USA CPI Data News release on GBPAUD.png

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  • OutsideTheBoxHK
    replied
    Originally posted by HedgeBitcoin View Post
    You went into a CPI news that could have margin called you.

    https://www.forexsignals.com/forum/f...840#post103840

    You didn't have a stoploss. I would think that was a criteria for a High Risk Event since if the news was the opposite of what happened, you wouldn't be showcasing this account right now.

    i don't owe you anything since you you posted 50% max drawdown and then broke your rules and said you trade with no rules right after that. Then you changed the descriptions and tried to say it wasn't the right information in the description.

    https://www.forexsignals.com/forum/f...863#post103863
    1. I have stated in the Description all that is needed for copiers to know about my trading style
    2. The description of which you refer needed to be updated to match other descriptions that had already been updated on MQL5 and SignalStart to reflect the possibility of higher drawdowns.
    3. Regarding Stop Losses, I stated "Stop Losses are used only during risk events" which means that is the only time when they will be used IF they are used.
    4. The specific data release to which you refer was US CPI, which normally moves AUDUSD approx 20 to 30 pips. Price at that time was above weekly support by a good margin, and thus I knew that price action would bounce EVEN in the event CPI data turned out to be hotter than expected. I had been monitoring price action for the prior 48 hours very carefully and had a very good idea what would happen and how much buying flow had built up underneath price. All in all, it worked wonderfully well.

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  • HedgeBitcoin
    replied
    Originally posted by OutsideTheBoxHK View Post
    politely smirks as I keep booking awesome profits. and also corrects your non-stop defamation of others hard work. and questions what motivates someone like you to continue to only look for the weaknesses in others but not the bright aspects. guess you'd like to have a profitable strategy (s) too or something.

    1.) Outside-the-Box-High-Risk don't use stoploss -- only during high risk events, and there is a good reason for this.
    2.) Outside-the-Box-High-Risk add to losers -- unique Grid systems to average better entries. Has worked for nearly 2 years.
    3.) Outside-the-Box-High-Risk will margin call eventually -- I doubt it, but if it does, how much profit can I and others pull out before it does? It's already been 6 months of stellar returns. We could do it all again 3x over, even if this one eventually some hypothetical day does blow up.
    4.) Outside-the-Box-High-Risk has no equity Protection -- All subs can set their own stop loss if they choose to do so. This is why you trade copy, to retain control of some risk.
    5.) Outside-the-Box-High-Risk Highest Drawdown on SImple trader of 57.72% is incorrect. It really is about 75% (http://www.signalstart.com/analysis/...h-return/33972) -- Yes.
    6.) Outside-the-Box-High-Risk breaks rules, fails to post true descriptions and misleads clients --I have reported you for this. This is just too far dude. You owe me an apology. I'm not standing for accusations from you that just aren't true. I call on others now from this community to support me here and denounce this kind of talk that lowers the level of professionalism, dignity, and civility that we are working hard to maintain here at SimpleTrader Drcdp moneyrunner Big River Man fiveninefish This is just not right when I work my ass off to be communicative, transparent, and honest. No idea but maybe you failed at something and your jealous? Did I piss you off previously? You've lost a lot of money and you want my ATM machine?
    You did it to yourself. I just happened to have documented it and now you're pissed about it.
    Last edited by HedgeBitcoin; 10-16-2018, 02:56 AM.

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