Here's what happened after i buy course from Scott Phillips
- Thread starter Ates
- Start date
Sure, here you go. I didn't want to try and format the damn thing into this website, so I just downloaded it into an eml.... (and then had to convert it to a pdf since ET doesn't allow eml files to be uploaded...)
BTW, that TO address is my "Scott's shill" fake email address that Scott's email newsletter was sent to. LOL.
Thanks for that and I apologize for calling you a shill.
Hey Scott; the diff between spot and the forward (EURUSD and 6E) is that the swap is embedded in the futures--hence the prem on futures.
Legit formula, used to work in security, all sorts of folks.
(funny fact, lots of drunk people, turned into temporary ,,friends'', after failed intimidation process from their side)
1:20
It's like they cannot shake you off, from your position, with those spikes, be it up or down.
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Hi,
Im on Scotts mailing list for about a year. Not bought anything yet.
I can make 3 points though:
1) Ive seen the videos and read the emails where he says numerous times "do your own backtests and prove me wrong. You dont know me, dont trust me. Do your own backtests". For @Ates you 'backtested on sim for 2 weeks' then went live? So, from that 2 weeks you would have been confident you can replicate your positive sim trading on a real account, and you would have data and statistics to show your win/loss, expectancy etc? If not, why did you go live? Were your results typical with your Sim? See where Im going here...If you won on Sim but lost on live (after 3 trades WTF) then thats you. If you lost on Sim then went live, well thats on you also. The system/rules may work, they may not. But you are responsible for your own trading results.
2) I have been in the private live facebook group maybe half dozen times. Didnt take any trades myself. But i did mark them on my chart. I did then match up with his spreadsheet results he sends out. What he says he takes live, do appear in the spreadsheets correctly. Having said that, ive attended maybe 6 times in the month or so he has had it so not conclusive. The time is not friendly with my lifestyle & family commitments. I have not analysed the accuracy of the reports, the stats in the spreadsheet. Too time consuming for something im not trading!
3) In his emails, Scott will post a daily/weekly/4hr chart and trade idea that is educational and a potential opportunity. Draws entry + stop lines and the reason.
For example, the last few months he has been calling the SP500 long, and why the bears wont win and the bull market will continue and break new highs. I was short, not expecting it to make new highs. I didnt change my position because of what he said, thats what stops are for. But the point is, he doesnt call these things afterwards, there is no hindsight. I have no data on the accuracy of the trade ideas, normally centered around gold/oil/indices but just the fact he does call them in advance what he is thinking.
Once again i dont take these trades but to note they are posted/emailed and when he is wrong he does also provide a wrap on that idea and where he got stopped.
@destriero lol i didnt realise it was illegal to trade with Bollinger bands!!
@Ates ive married into Australia, and i can tell you they are pretty blunt and to the point. Certainly dont sugar coat things. What he said in the email may have been harsh, but you will hear 2 mates having a disagreement over rugby etc talk that way to each other and it wont bat an eyelid. Pretty hard to comprehend for the rest of the civilised world, but its not out of the ordinary here.
Cheers
DF
Im on Scotts mailing list for about a year. Not bought anything yet.
I can make 3 points though:
1) Ive seen the videos and read the emails where he says numerous times "do your own backtests and prove me wrong. You dont know me, dont trust me. Do your own backtests". For @Ates you 'backtested on sim for 2 weeks' then went live? So, from that 2 weeks you would have been confident you can replicate your positive sim trading on a real account, and you would have data and statistics to show your win/loss, expectancy etc? If not, why did you go live? Were your results typical with your Sim? See where Im going here...If you won on Sim but lost on live (after 3 trades WTF) then thats you. If you lost on Sim then went live, well thats on you also. The system/rules may work, they may not. But you are responsible for your own trading results.
2) I have been in the private live facebook group maybe half dozen times. Didnt take any trades myself. But i did mark them on my chart. I did then match up with his spreadsheet results he sends out. What he says he takes live, do appear in the spreadsheets correctly. Having said that, ive attended maybe 6 times in the month or so he has had it so not conclusive. The time is not friendly with my lifestyle & family commitments. I have not analysed the accuracy of the reports, the stats in the spreadsheet. Too time consuming for something im not trading!
3) In his emails, Scott will post a daily/weekly/4hr chart and trade idea that is educational and a potential opportunity. Draws entry + stop lines and the reason.
For example, the last few months he has been calling the SP500 long, and why the bears wont win and the bull market will continue and break new highs. I was short, not expecting it to make new highs. I didnt change my position because of what he said, thats what stops are for. But the point is, he doesnt call these things afterwards, there is no hindsight. I have no data on the accuracy of the trade ideas, normally centered around gold/oil/indices but just the fact he does call them in advance what he is thinking.
Once again i dont take these trades but to note they are posted/emailed and when he is wrong he does also provide a wrap on that idea and where he got stopped.
@destriero lol i didnt realise it was illegal to trade with Bollinger bands!!
@Ates ive married into Australia, and i can tell you they are pretty blunt and to the point. Certainly dont sugar coat things. What he said in the email may have been harsh, but you will hear 2 mates having a disagreement over rugby etc talk that way to each other and it wont bat an eyelid. Pretty hard to comprehend for the rest of the civilised world, but its not out of the ordinary here.
Cheers
DF
I see a flaw in this "cheat sheet".
----
"...And I tried, for JUST ONE DAY, to do all those things.
Something amazing happened. When I placed my orders that day, I switched the screen off, and didn’t watch the markets all day. Instead I switched to my trade spreadsheets and made sure my records and screencaptures were up to date. And I triple checked my orders to make sure they were correct.
And then I stopped! The job was done, there was nothing more to do, no more worlds to conquer..."
So he made money in just one day, and decided his system was good for all eternal time.
My system was great too on the first day, until the next day, when market conditions changed. Then the system was, well, not so much.
Bad juju.
Let's unpack your man crush on this midget for a second. OK so the guy is on a cycle and he lifts a bit, so naturally he's a fucking superhero.
I lift. I cycle gear and GH. I oly snatch 240. So no, I am not impressed with the little guy's physique. So climax or whatever and let's move on.
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TL;DR?
Shill #4 didn't buy his shit, but spent a week in Scott's meth-chat. He doesn't actually trade Scott's Bollinger Band system. He's been on his list for_a_year.
I'm sorry, but you're a special kind of stupid to pay anyone for a system (at least partially) comprised of canned indicators, or to spend time in a chat with full knowledge of the aforementioned.
Awaiting shill #5. The floor is yours.
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