You can use a 1 minute.

I in a hurry?

Keep the change!

Did you actually make this trade? Or are you just pointing out a set up after the fact, two very different things!

GP

I think he actually made the trade, is that right Cyclon??

Gentlemen,

Become creative and start your own thread if you really want to promote your links.

Dannyson, I know you post some articles of your own. But this other bloke offers nothing. Or maybe he just hasn't stepped on my threads enough for me to notice him yet.

Here are a couple of Gems from him... Listen up kiddies, They're Pricelss!

"If you do a lot of hard work and you are not in a hurry you can make more then an income with forex but if you rush in and don't do the hard work you will lose everything plus some!" GP

I use Technical Analysis but i am always aware of the noise that is created by some of the key fundamental items such as Interest rate, GDP and Unemployment data." GP

Wow those are some strong preachings you are getting from Billybob Stacey.

Pretty pathetic though gents.

Where is Your trade so I can just sit back and simply ask if it is real and park my link? Is that how you want the business?

Dannyson, you also know that that FXAUTOMONEY is scamming people. You should switch to a legit affiliate program. You'll do ok, you are very prolific.



This post has been edited by Cyclon: Mar 18 2009, 06:33 PM

Ok here we go, where do i start!

1. Your claim that your system is running at 100% is outrageous and i hope that you don't suck to many people into wasting there money and here is what some people are saying about your system:

Trader Z, USA

Date of Post: 2008-09-04
Review: This is a response to Trade X:
I totally agree with you and you have just said everything I wanted to say about this system and anything else out there that use MAs. When you use MAs, fibos, trendlines, things of that sort, there' s got to be subjectivtity. You're right, the only thing I would believe in is either a verified statement or a live account that can be logged in for verification , covering at least 1 year of records.

Trader X, US

Date of Post: 2008-09-02
Review: This is a response to HR. It's also my last post. I don't want to turn this into a discussion board.

Re: HR's question, I read the ebook thoroughly and took notes. I'm also an experienced trader who has studied many other systems. I spent enough time on this one to realize its complexity/subjectivity make it a waste of time for me. Losing trades will always be explained away since parts of the system aren't set in stone. Again, just look at the forum thread here at FPA. The system's creator has called multiple losing trades only to later say "oh, it really wasn't a real setup after all." And this is supposedly a 100% win rate system?

I also know enough about trading, moving averages, Fibonacci, etc., to see there's no real magic here. I understand what the setups are supposed to do. There are no secret algorithms. There's no holy grail that's been tapped into. This is little more than a glorified 1-2-3 trade that occasionally hits the jackpot of a top or bottom.

Finally, HR, I'm not sure how you evaluate trading systems. You gave a harsh review and 2 stars to another system on here that has a live account running with double-digit monthly returns. All the supertradsystem has shown are cherry-picked, after-the-fact trades from Tom and Duane. Maybe they really took the trades. I"m not calling them liars. But until I see proof, e.g., real-time calls, a live account statement, third-party tracked performance at collective2, etc, I'll be very skeptical. So far we've seen no evidence that this is even a profitable system, let alone a grail with a 100% win streak.

Trader Z, USA

Date of Post: 2008-09-02
Review: There is subjectivity in step 1A already. What's too much or not too much? how do you define what's too much ?

Arthur, USA

Date of Post: 2008-08-22
Review: Trader X is correct. There is subjectivity with this system. When I would send Tom setups that I traded and had failed, I would get responses like, "Well, the MA wasn't turned in enough." That sounds rather subjective to me.

Trader X, US

Date of Post: 2008-08-18
Review: A response back to Duane: I stand by my comments on subjectivity. The setup isn't defined precisely. As evidence, look at the folder where Tom has made calls on this site's forum. There are 5 or 6 calls so far, but only small losses, small gains, and "oops, that wasn;t really a trade" mistakes so far. The system makes very bold claims. When I see dozens of profitable calls with no "oops" or waffling, I'll believe the no subjectivity part.


2. The Training that was in my link was for options and i have only done half of that course and i don't trade them yet ( So it is totally irrelevant to this conversation) but i have been trading forex for about 2.5 years and if you don't think that the things that i have said will help new people looking to get into forex then stiff, get over it as this is a public forum!

3. As i have already mentioned before, from what i can tell you have no qualifications when it comes to giving Personal or General Financial Advice which means you are just another guy trying to make a heap of cash from an ebook, now Bill Stacy is Qualified to give General Financial Advice (in SECURITIES AND DERIVATIVES) and i only have about 3 months of study left and i will be fully qualified to give General Financial Advice in Foreign Exchange.

4.I think that members of MMG know that myself and Dannyson have been contributing to MMG for a fair while and don't just come here for five minutes a week and post in one area adding no value to the MMG community, i can't say i have seen you in many other threads here interacting with fellow members.

GP

This post has been edited by Globalprofits: Mar 19 2009, 04:40 AM

I agree .... we are all here to learn and make money ... if you are going to promote a system ... test it 3-6 months before posting ... that is just mis-leading .... or also put in post that you haven't fully tested system as yet. with http://www.mt4stats.com it is not that hard to show live statements.

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