TQforex signals: How to copy them

[Nick]

Nick, yes so which is why its free. Your own team traders have money in the game and yet I think a few of them were not able to do anything great. So having my own money in the game is like saying a doctor needs to be a patient to treat the patient better whereas all research suggests that if a doctor is disconnected from the patient, will do better for the patient. Having a few dollars in the game does not in any way reduced the chances of a manual trader going kaput. Your own traders have shown that imo. Traders ultimately are people who take risks and unless a trader is on top of his game, will always be at receiving end of the market whether he has money or no money.

That is why forex trading is going the way of the bots. Now the bots on retail are sadly MT4 driven and the bots are very mediocre. But Golden Boy is not a MT4 system. Its a institutional level algorithmic trading system coded on multi instruments, multi-positions and multi-timeframes at the same time. The list of trades taken on clients are already shown since 1st May. But its from Ninjatrader.

So appreciate your point of view and thank you for responding on this thread.

Give Golden Boy the space and you will know what I mean when I say it will beat all manual traders put together Thats a challenge. I love a good challenge. It started 26 Oct and stands 24%. You can count your manual traders and see how much they made. All combined will be less than 10%. It also has lower DD. Thats what I meant. This is not to degrade a manual trader but am making a point that a computer cannot be matched when it comes to trend trading. Its ability to find all permutations and combinations are unparalleled. Yesterday it was trading EURAUD, AUDUSD, USDCAD, USDJPY, GBPJPY, EURJPY, EURUSD, GBPUSD and others. Thats more than 10 symbols. Manual traders will focus on one or two trends at a time. A system has many eyes and can track many things at a time. If all clicks, you will have a jump in return. If some click, you make a few returns. If all goes bad, you will have a small dip in returns because then the algo safety mechnism kicks and closes trades even before stops are hit. Its the sheer variety of this system which needs to be appreciated.

David above has already said each and every trade and pip is getting copied. So performance is matching on a live account. So enjoy folks.

Cheers
Gab,

Hi Gab,

I disagree vehemently with you on a few of these points, however I don't want to kill your enthusiasm so we can agree to disagree.

What I will agree on is that there is a place for automated systems that are adapted as the market changes.

I would be interested in your reasoning behind not trading your own money. You've mentioned it a couple of times on the thread without giving much of an explanation as to why, can you please help me better understand why you wouldn't put money behind your creation that you expect to generate very attractive returns well into the future?

[tqforex]

TQ, well I for one am saying thanks. I have it running on demo, and it's delivered an honest 6% since I turned it on on 20 November. Currently got a unch of trades open, net position on open trades is flat.

So it's stacking up a promised. I remain very interested, but am still scorched myself from when I let greed outweigh healthy fear, so will go slowly.

It looks like a very honest system, not sensitive to spread or slippage.

I genuinely appreciate your offer here.

Thanks idempotent. That is all I need to hear that it is a honest system and feedback like that helps me a lot. Forex world is full of cheaters. I understand that and which is why I want to win your trust and confidence. At some point in life, I will want to make money of this but for now I want to put some cash in your pockets.

Ask a painter "what he loves most and he will say to be honored by connoisseurs".

[tqforex]

Love to see a good challenge accepted! As long as we keep this thread a bit cleaner than the last challenge we had on this site... haha
I'm personally giving it a go, will keep a very close eye on performance so best of luck Gab

Thanks.

As am a programmer with a firm, if you have trading systems which you want coded up and ready to deploy, please give us a shout. We will code it and deploy it for you on your system or on a VPS where ever you like. We consult, code, develop and deploy trading systems. What is a trading system? Its simply a set of rules. So if you follow a trading system, and you think you want it automated so that you dont need to manually check it everyday, then coding the system is the way to go. We do that job very well. Our forte is Ninjatrader, MT4, MT5. No professional trader will use MT4 for automated trading so if you are still on MT4 then its time to make a shift to Ninja.

[pearcey2]

Nick, yes so which is why its free. Your own team traders have money in the game and yet I think a few of them were not able to do anything great. So having my own money in the game is like saying a doctor needs to be a patient to treat the patient better whereas all research suggests that if a doctor is disconnected from the patient, will do better for the patient. Having a few dollars in the game does not in any way reduced the chances of a manual trader going kaput. Your own traders have shown that imo. Traders ultimately are people who take risks and unless a trader is on top of his game, will always be at receiving end of the market whether he has money or no money.

That is why forex trading is going the way of the bots. Now the bots on retail are sadly MT4 driven and the bots are very mediocre. But Golden Boy is not a MT4 system. Its a institutional level algorithmic trading system coded on multi instruments, multi-positions and multi-timeframes at the same time. The list of trades taken on clients are already shown since 1st May. But its from Ninjatrader.

So appreciate your point of view and thank you for responding on this thread.

Give Golden Boy the space and you will know what I mean when I say it will beat all manual traders put together Thats a challenge. I love a good challenge. It started 26 Oct and stands 24%. You can count your manual traders and see how much they made. All combined will be less than 10%. It also has lower DD. Thats what I meant. This is not to degrade a manual trader but am making a point that a computer cannot be matched when it comes to trend trading. Its ability to find all permutations and combinations are unparalleled. Yesterday it was trading EURAUD, AUDUSD, USDCAD, USDJPY, GBPJPY, EURJPY, EURUSD, GBPUSD and others. Thats more than 10 symbols. Manual traders will focus on one or two trends at a time. A system has many eyes and can track many things at a time. If all clicks, you will have a jump in return. If some click, you make a few returns. If all goes bad, you will have a small dip in returns because then the algo safety mechnism kicks and closes trades even before stops are hit. Its the sheer variety of this system which needs to be appreciated.

David above has already said each and every trade and pip is getting copied. So performance is matching on a live account. So enjoy folks.

Cheers
Gab,

Love to see a good challenge accepted! As long as we keep this thread a bit cleaner than the last challenge we had on this site... haha
I'm personally giving it a go, will keep a very close eye on performance so best of luck Gab

[tqforex]

Hi TQforex,

I understand you getting a little frustrated with the comments considering you're trying to offer something for free that you believe to be good quality, however your attitude towards trading this on your own money is something that makes it incredibly unattractive from most people's perspective.

People aren't going to risk an account more than a few hundred dollars on a system that's run on a demo account and has no skin in the game.

You could have a bad day and take it out on the market, get upset with a post on the forum or just lose interest in the whole idea of FX, then disappear without any consequence, when those following you would be left high and dry.

I appreciate what you're trying to do, just trying to give you some perspective from a followers point of view.

Nick, yes so which is why its free. Your own team traders have money in the game and yet I think a few of them were not able to do anything great. So having my own money in the game is like saying a doctor needs to be a patient to treat the patient better whereas all research suggests that if a doctor is disconnected from the patient, will do better for the patient. Having a few dollars in the game does not in any way reduced the chances of a manual trader going kaput. Your own traders have shown that imo. Traders ultimately are people who take risks and unless a trader is on top of his game, will always be at receiving end of the market whether he has money or no money.

That is why forex trading is going the way of the bots. Now the bots on retail are sadly MT4 driven and the bots are very mediocre. But Golden Boy is not a MT4 system. Its a institutional level algorithmic trading system coded on multi instruments, multi-positions and multi-timeframes at the same time. The list of trades taken on clients are already shown since 1st May. But its from Ninjatrader.

So appreciate your point of view and thank you for responding on this thread.

Give Golden Boy the space and you will know what I mean when I say it will beat all manual traders put together Thats a challenge. I love a good challenge. It started 26 Oct and stands 24%. You can count your manual traders and see how much they made. All combined will be less than 10%. It also has lower DD. Thats what I meant. This is not to degrade a manual trader but am making a point that a computer cannot be matched when it comes to trend trading. Its ability to find all permutations and combinations are unparalleled. Yesterday it was trading EURAUD, AUDUSD, USDCAD, USDJPY, GBPJPY, EURJPY, EURUSD, GBPUSD and others. Thats more than 10 symbols. Manual traders will focus on one or two trends at a time. A system has many eyes and can track many things at a time. If all clicks, you will have a jump in return. If some click, you make a few returns. If all goes bad, you will have a small dip in returns because then the algo safety mechnism kicks and closes trades even before stops are hit. Its the sheer variety of this system which needs to be appreciated.

David above has already said each and every trade and pip is getting copied. So performance is matching on a live account. So enjoy folks.

Cheers
Gab,

[idempotent]

TQ, well I for one am saying thanks. I have it running on demo, and it's delivered an honest 6% since I turned it on on 20 November. Currently got a unch of trades open, net position on open trades is flat.

So it's stacking up a promised. I remain very interested, but am still scorched myself from when I let greed outweigh healthy fear, so will go slowly.

It looks like a very honest system, not sensitive to spread or slippage.

I genuinely appreciate your offer here.

[Nick]

Hi TQforex,

I understand you getting a little frustrated with the comments considering you're trying to offer something for free that you believe to be good quality, however your attitude towards trading this on your own money is something that makes it incredibly unattractive from most people's perspective.

People aren't going to risk an account more than a few hundred dollars on a system that's run on a demo account and has no skin in the game.

You could have a bad day and take it out on the market, get upset with a post on the forum or just lose interest in the whole idea of FX, then disappear without any consequence, when those following you would be left high and dry.

I appreciate what you're trying to do, just trying to give you some perspective from a followers point of view.

[nwboater]

Thanks for the prompt answers to my posts. Will be following your system with much interest.

Cheers,
Rod

[tqforex]

also I was not comparing. You brought in some trader named dayfx. So I was saying why this is diff. Unlike manual traders, Golden Boy is a Ninjatrader system.

[tqforex]

Glad your "no thanks" comments were at least partially in jest.

If I may offer a suggestion, and I hope you will take it as sincere, do not try to compare your system to traders here that have a long track record. Do not try to make yourself look better. I'm sure you believe it to be true, but many of us will take it to be pushy. Especially since the traders you are talking about have a long track record that is verified, compared to your relatively short term unverified record.

A similar thing applies to manual traders vs EAs. A lot of us here have gone the EA route in the past trying many of them. For most of us it has been an unsuccessful journey. Again after you have a long term verified performance such comparisons may be more in order.

If you do prove to be long term successful in our eyes, and I sincerely hope you do, you will get lots of people promoting your cause for you. Unfortunately that will take some time. I hope you will allow that to happen.

Also I would appreciate an answer to this from my previous post: "Also I read in Post #35 that you only occasionally trade this. Is it not something that you can put on a live account and just let it trade?"

Cheers,
Rod

No I will never trade. Its something that I have decided after some major fiascos early on in my life. So I do trade on 500 usd account just to monitor commisision, spread etc which is then fed into algo for calculation purposes etc. The algo needs to monitor the spread windeing etc during certain times. If it finds fluctuation spreads, it shuts trades.

[nwboater]

Glad your "no thanks" comments were at least partially in jest.

If I may offer a suggestion, and I hope you will take it as sincere, do not try to compare your system to traders here that have a long track record. Do not try to make yourself look better. I'm sure you believe it to be true, but many of us will take it to be pushy. Especially since the traders you are talking about have a long track record that is verified, compared to your relatively short term unverified record.

A similar thing applies to manual traders vs EAs. A lot of us here have gone the EA route in the past trying many of them. For most of us it has been an unsuccessful journey. Again after you have a long term verified performance such comparisons may be more in order.

If you do prove to be long term successful in our eyes, and I sincerely hope you do, you will get lots of people promoting your cause for you. Unfortunately that will take some time. I hope you will allow that to happen.

Also I would appreciate an answer to this from my previous post: "Also I read in Post #35 that you only occasionally trade this. Is it not something that you can put on a live account and just let it trade?"


Cheers,
Rod

[tqforex]

Am going home. Its late for me. Enjoy the signal. The system sends me hourly emails on the status of the system. So I monitor this system 24 hrs so you guys can enjoy this.

[tqforex]

Hey Rod, I appreciate the frank post. I agree. I dont know dayfox etc. This is Golden Boy and the diff is that this is a computer system you are following and not a manual guy.

[tqforex]

"It will help your credibility a lot if you will get your MyFXBook verified"...

Agree!

Please, do it a.s.a.p..

Edit: Just re-read the thread, on post#6 Gabriel say the myfxbook is a demo.....

no dont copy please. dont bother. really.

Cannot understand you guys at all. Really. It beats me. This question was answered three times but here am I getting the same question. ITS A DEMO. YES ITS FREAKING DEMO. BECAUSE I PERSONALLY DONT TRADE CONTINUOUSLY. I HAVE A 12 HOUR JOB. I DONT HAVE MONEY TO WASTE ON TRADING. I CANNOT AFFORD TO TRADE. I HAVE A WIFE A KID AND MY INCOME IS NOT ENOUGH FOR ME TO TAKE RISKS. I AM SOFTWARE PROGRAMMER FOR FINANCIAL TECH FIRM. SO AM SURE NOW 6 POSTS LATER SOMEONE WILL AGAIN ASK :: WHY IS IT UNVERIFIED WHEN IT IS VERIFIED ON FXBLUE AND MENTIONED 5 TIMES THAT IT IS A DEMO MT4. STILL I WILL HAVE TO ANSWER THAT I CANNOT AFFORD TO TRADE.

A VERIFIED FXBLUE URL: http://www.fxblue.com/users/tqforex/stats for you. enjoy.

Do me a favor: dont bother copying. its ok. Am not gaining anything. I dont lose anything. Its your loss.

[tqforex]

Thanks for the post. I just got off the job shift and was just looking at the forum and saw not even a single thank you. Where as other traders who are the team traders get a thank you per pip they make. So was jealous. But I was only joking. Enjoy the signal.

I have always said, if you follow a manual trader, chances of him being successful in the long term is zero. All humans become old, emotions take over, when they cannot maintain their pip rate, they start taking risks etc..etc. They get easily excited when someone asks them a question. If they had a bad night, it will effect them. All this affects their morale and trading. This site has many traders and only one trader is able to maintain a good trading record and that is viper if am not wrong. But even the great man gets caught up sometimes in aweful positions which he then has to work it out. Humans being ultimately are weak traders and only 1% or less than that succeed.

On the other hand a computer is a different ball game. Garry Kasporov found that out the hard way. Anand found that out as well. You cannot beat a computer at chess. Same goes for trading. No human being will ever beat a computer at trading because a well coded system will always be the best. Golden Boy is an absolute beast and in the space of less than 5 weeks it is sitting at 25% return and if consider its direct trades since 1st May, it is at 160%. The best trader here has made 67% return in 12 months. So I rest my case on why computers are here to stay and manual traders will need to learn coding and computers to get to match the prowess of a system.