Why can't you post your trades within five minutes of making them? Your post count indicates that you have lots of time to make posts. What are you doing in the five minutes after making a trade that prevents you from posting? It doesn't take more than a minute to post your entries/exits.Quote from riskfreetrading:
May 27-2008. Some trades initiated at around 2AM. Shorted EUR/USD in area of 158.16. 55 pips so far. I should have loaded more, but the price did not bounce up
Chart is attached
How to Kill Bulls: Watch Me Do it in Real-time
- Thread starter riskfreetrading
- Start date
Cable, I agree with you. riskfree has become nothing more then another internet clown and at this point no further exposure of his lies and phony trades is really needed. Despite his belief that he has 40 million readers a day, all those who truely read these boards have figured out he is as phony as a 3 dollar bill.Quote from cabletrader:
I simply don't have the heart to blast this guy any more, he's just so 'nice', besides which it should all be obvious to even the most novice among us
Good trading all!
ps/ the clue in my last post was :"....anyway, enough about photoshop....."
As always, 'caveat emptor' if/when you see anything for sale, especially in this business
From time to time its still fun to expose him but the reality of the situation is no one is fooled by his rubbish at this point.
trendo, people have been asking him to post any trade at all, not a single trade has been posted regarding the NDX. He did call the top in the index over a range of 125 points till he finally got one near the top but he never ever posted a single trade.
As others have noted he has endless hours to post useless gibberish and run around ET posting his guesses and childish poems and rants but he never has time to post a trade anywhere near prior to the markets moving.
I did that within a short time frame not for all but for some, but for various ones. I posted the latest one within 3 minutes here at ET (people who read it would have had time to get in).
I also explained when and why I post them the way I do. Pls. check my previous posts. I would re-explain if needed.
Check the previous poster, and you will understand that s/he seems to very well know when and where I posted the last call and within 3 -minutes.
It is not needed for the experiment to post in real-time all the time. But was it not appreciate by some when I made the NDX calls, so why should I, in making the experiment, give the opportunity to those who insult me to make money on my back?
That is why I posted many in real-time, and held back on some so that those who are not fair cannot have it both ways (even if they do many times as I posted the majority in real-time).
Notice that the ones I posted in real-time (before they happen, as they happen, or within 3 minutes) are the BIG winners, as I knew the move would be fast and furious. In the beginning of this thread, you will notice that I was posting also in real-time or close, but then some came on board and wrote many insults, I removed ....
TRANSLATION OF THE ABOVE:
He posts all over the place in hopes one of them is a good call then he runs around and yaps about the one that hit. He has never ever posted any trade in any NDX derivative product but he did make 6 to 10 guesses at the top till one hit.
Do you really think any sane person who trades would sit around and use his calls with the track record, or lack there of he has here?
Quote from NakedNote:
Risk,
Good trade.
However, instead of posting trades for the sake of penis enlargement
Makes the conversations more interesting and readers take you more seriously.
Good luck.
NN
NN,
1. I think I understand your point if I were to analyse the price, but this is not possible for me as this would compromise the proprietary aspect of the method.
But the objective here of the experiment is to test whether one can call tops and bottom with a consistency that would obviously show that luck is not part of it.
2. I would also like to remind the readers that many posts were done in real-time or close to real-time. This includes all NDX calls, and in the case of currencies, the latest EUR/USD trade was announced here on ET within 3-minutes of real-time. So one can ascertain (at least in those cases) that there is no fool play or even if there were how could I pick and chose which one is and which one is not a good call? In addition, price has 12 hours to beat my call of a top, so real-time is less of an issue for the test.
3. I started posting in real-time in NDX and EUR/JPY (for which I use a different method except the last call for this pair), but some people engaged in insults even after the market showed the call to be right.
I think I understand your point, and hope I have shed some clarifications on it.
Here is the link and post I made to ET readers in an EUR/USD thread. If you ask why I posted there and not here. Well the answer is it is relevent there first, but most importantly I wanted those (I am not talking about NN, cable or trendo, etc, but some others), who are clearly biased, not to have it both ways (issuing insults and trading on the market calls for free). Hedging is central to what theydo (hedging long with short, hedging lie with another lie, insulting a call and taking the same call to make money, so one side of their spread will win, etc...)
Link is: http://www.elitetrader.com/vb/showthread.php?s=&threadid=125042&perpage=6&pagenumber=8
Link is: http://www.elitetrader.com/vb/showthread.php?s=&threadid=125042&perpage=6&pagenumber=8