Greatest Forex SIM trader Ever?

[BlueTurtle]

UP 40% and only doing like a few trades a week.

Maybe I spent 15 minutes on this SIM account since last posting!!

I am the greatest SIM trader ever , forex.

How would you like to be up 40% in such a short time..

send me 100k and i will experiment with your account!!

oh, and buy my book!!

not even the online gurus can beat me!!!!

i am legend

 

[BlueTurtle]

Quote from Tango 6 Alpha:

Oh, the joys of Newbieism.

Sim trading is good for one thing - flushing out trade logic structure.

Does the Sim replicate genuine:

- Retail FX Slippage?
- Retail FX Pricing Engines that Manipulate the Spread?
- Dealer Plug-Ins that Further Manipulate the Spread?
- Autonomous Price Spikes on Proprietary Platforms?
- Requotes?
- Partial Fills?
- Missed Fills?

The realities of trading with Bucket Shops is more than a notion. You will have to design a system that compensates for these trade killers. Else, the Sim results will not even remotely come close to actual results.

You also must make sure that you test both IN and OUT of sample range. This is one the biggest mistakes that new FX traders make. FX is particularly given to being a good technical trading environment, when Daily Volatility remains constant from week-to-week. However, during period of low D1 Vol., most directional based technical trading systems in FX, have difficulty compensating and typically get caught in whipsaw cycles that grind away at your cost basis.

These are the kinds of things that simply take time to learn how to compensate for in your trade logic design.

Of course I've factored in everything.

1 million lines of code, 198 different black box scenarios, and I plan on selling this to GS for a cool 3 billion.

But, for a limited time, I will sell each line of code for only 100k each.

I am a forex trading noob.......i will be richer than all central banks combined!!!!

how can this system fail with real money??

impossible

 

[mr double]

Quote from BlueTurtle:

From $100,000 to $111,000 in one day!!! Basically no losers!!!

Wow, I can't wait till I get a real account and make billions!!

This is why SIM is almost utterly worthless.

Use SIM to get used to hitting the buttons, that is about it.

Just something to think about.

If you lose "money" trading SIM, you really have 0% chance.

Now if I can only start a guru online website and charge millions!!!

I just need to post the disclaimer.

nothing to be happy about,i remember my first forex demo at oanda ,up 800% in 1 week

 

[jsp326]

Quote from BlueTurtle:

Only up 25% in a few weeks. Only took one trade in last 4 days....EUR/$$$. It was a big loser, until today, when then it became a massive winner.

Never use stops, hold trade until it's profitable.

That works until it doesn't.

After the EURUSD topped out just above 1.600 in early 2008, I know a few people who bought it around 1.5500 as it started to fall. They were waiting for the inevitable bounce back into profitability. They either took a big loss or they're still waiting while it's over 3,000 pips in the hole.

 

[ocean5]

3 pips in the hole..

 

[oldtime]

I never use stops (unless I have added to a winner and then I just put it at BE) but that doesn't mean I never take losses, and many times those losses are far greater than what I would have taken if I had got stopped out.

The problem with stops is, you are exiting exactly when you should be entering.

You can get away with trading without stops, but the price you pay for that luxury is size.

And that was Martingales old problem, "How much to start with?"

 

[BlueTurtle]

Can I just start a website and post these numbers and then put on a disclaimer: This may be hypothetical, blah, blah, blah...

lol.

then i will get a real account after i get all my loyal subscribers. trade live really small, and if i lose I will tell them the better trades are at like 3 a.m.

GS is watching this thread!!!! They will send me a PM soon!!!

Once i'm up 100% in a few months or whatever, the world will be mine.

How some of you clowns don't get my "humor" is funny.

So buy my book!!! I am the greatest sim forex trader ever!!

 

[oldtime]

Quote from BlueTurtle:

Can I just start a website and post these numbers and then put on a disclaimer: This may be hypothetical, blah, blah, blah...

lol.

then i will get a real account after i get all my loyal subscribers. trade live really small, and if i lose I will tell them the better trades are at like 3 a.m.

GS is watching this thread!!!! They will send me a PM soon!!!

Once i'm up 100% in a few months or whatever, the world will be mine.

How some of you clowns don't get my "humor" is funny.

So buy my book!!! I am the greatest sim forex trader ever!!

well, first of all, your "humor" isn't that funny.

If you are still amazed at how many scam artists there are out there, then I suppose to you it is funny.

Most of us have moved beyond that, and so for us, it is no longer funny.

But yes, we are very impressed that you are smarter than the average guy, even though that is a pretty low bar, and not really saying much.

Congratulations, you are now smarter than a dumb ass.

 

[BlueTurtle]

Quote from oldtime:

well, first of all, your "humor" isn't that funny.

If you are still amazed at how many scam artists there are out there, then I suppose to you it is funny.

Most of us have moved beyond that, and so for us, it is no longer funny.

But yes, we are very impressed that you are smarter than the average guy, even though that is a pretty low bar, and not really saying much.

Congratulations, you are now smarter than a dumb ass.

In life, you can take the crazy bitter, mean road and be mad at the world until you die.

Or you can laugh, smile, and enjoy things.....

Hey, free country.....go ahead and continue your dark road.

god bless you my son.

i will mention you in my sermon.

 

[oldtime]

Quote from BlueTurtle:

In life, you can take the crazy bitter, mean road and be mad at the world until you die.

Or you can laugh, smile, and enjoy things.....

Hey, free country.....go ahead and continue your dark road.

god bless you my son.

i will mention you in my sermon.

yes, I suppose you are right, I should probably not be so serious when I post on ET, from now on, I will try to be more lighthearted, like you