If you made 95 trades and won 75 using fundamental analyses, then why is you trade winnings in points so low at 2000 points. Is your average win per trade around 20/30 points? This is very mean reversion.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Kathy Lien and Boris Schlossberg
- Thread starter cstfx
- Start date
Quote from Surdo:
It makes ya' wonder why is it ONLY $99.95/month for the signal service with such amazing results!
Lol......didn't know about the signal service. The wild west of fx......lol. There is actually a good paper floating around about whether banks have superior information regarding the directional movement of fx rates and it was found conclusively that none of the top fx trading Banks had any superior advatage in the forecsting of exchange rate movement.
It makes you wonder if someone who charges 99$ a month does!
Quote from Nashequilibrium:
Well you may be the first fx fundamental or Macro trader in the world with a hit rate of over 75% accuracy. The reason is most fundy traders profit off trends which statistically give you a low w/l ratio whereas mean reversion traders have a high w/l with low profits per trade. You may be the first fundamental MR fx trader i have seen but don't tell me that you trade using fundamentals to profit of trends with over 75% w/l ratio. If that is true, then you have truly found the holy grail.
I am not criticizing you, i don't know you but i am questioning what you are saying.
Again everything we do is documented in a real trading account. We have the facts to back up everything I've written here unlike the amateur speculation that masquerades as analysis on ET.
Some one wondered why I do not post more here and this is precisely the reason. Trying to have an intelligent discussion here is next to impossible.
Tell me Nash - have you ever considered the possibility that event driven trend trading can be done on an intra day basis explaining both our high rate of success and modest profit per trade?
And Surdo just because we had a good year this year does not necessarily mean that we will have one next year. We charge 99/mo because we thought it to be a fair price when we started doing BKT and the vast majority of our subs are very happy as you can see by the reviews.
http://www.forexpeacearmy.com/public/review/www.BKForexAdvisor.com
I am more than happy to answer any REAL trading questions and genuine critiques you may have but lets not have this turn into typical ET insultathon, High school was many decades ago for most of us.
Quote from jbt:
Tell me Nash - have you ever considered the possibility that event driven trend trading can be done on an intra day basis explaining both our high rate of success and modest profit per trade?
I am more than happy to answer any REAL trading questions and genuine critiques you may have but lets not have this turn into typical ET insultathon, High school was many decades ago for most of us. [/B]
Firstly, i did not insult you. I asked you all trading questions none of my questions moved off that topic. You answered my question in the first paragraph but in a very sarcastic manner. Why can't you just answer my trading questions as i asked them?
You say you do event trading, so explain that to us. I am not insulting you as i explained what trading questions i have and why. You, now say that you do event trading off fundamental analysis, so we are getting somewhere now.
Question, if you doing event trading off FA why is your profit per trade so low since you will still need to profit from a trend. Unless, you scalping economic data, such as NFP for 20/30 pips?
I hope these questions are not offending you.
Tell me Nash - have you ever considered the possibility that event driven trend trading can be done on an intra day basis explaining both our high rate of success and modest profit per trade?
Also, regarding the above statement, if you are event trading, to make 20/30 points is too low, the reason is that relative to the average volatility, this would be scalping, right? If you are event trading, how can a 20/30 point movement trigger any trades net alone a profit target?
Assuming you trying to capitalize on the breakdown of the carry trade using FA, how do you end up only pulling in a profit of 20/30 points when avg intra day vol alone is higher than that?
Also, regarding the above statement, if you are event trading, to make 20/30 points is too low, the reason is that relative to the average volatility, this would be scalping, right? If you are event trading, how can a 20/30 point movement trigger any trades net alone a profit target?
Assuming you trying to capitalize on the breakdown of the carry trade using FA, how do you end up only pulling in a profit of 20/30 points when avg intra day vol alone is higher than that?
Quote from jbt:
We will be updating MT and it will be coming out in paperback form sometime next summer.
For the record we trade our own money for our signal service www.bktraderfx.com
We are up 20% cash on cash this year with more than 2000 pips banked generating 10 out 11 positive months.
I trade LIVE monthly in our chat room and have had 10 out of 11 winning trading sessions in 2009
All of this is documented in trade records and transcripts.
I also trade my own account at least 10 times every day
Boris
If you are such a good trader , why didn't FXCM offer you a job to trade their managed accounts porgrams ?????????!!!!!!!!
Since none of the managed account programs is making any profit.....
http://www.fxcm.com/managed-accounts/managed-accounts-programs.jsp
Ley me get the logic here : the traders in control of the managed accounts SUCK big time and on the other hand the head analysts Boris & Kathy are claiming they banked 2000 pips, makes PERFECT SENSE LOL
Quote from Nashequilibrium:
Firstly, i did not insult you. I asked you all trading questions none of my questions moved off that topic. You answered my question in the first paragraph but in a very sarcastic manner. Why can't you just answer my trading questions as i asked them?
You say you do event trading, so explain that to us. I am not insulting you as i explained what trading questions i have and why. You, now say that you do event trading off fundamental analysis, so we are getting somewhere now.
Question, if you doing event trading off FA why is your profit per trade so low since you will still need to profit from a trend. Unless, you scalping economic data, such as NFP for 20/30 pips?
I hope these questions are not offending you.
We trade event risk with the following parameters:
1. 2 units
2. Stop of 60 points (120 point total risk)
3, 1st Target is 30 points
4. Position moves to breakeven
5. 2nd unit is actively managed to obtain 100+ points.
How often do we make 100+ on the 2nd unit? - about 20% of the time
Trades last anywhere from 3-24 hours
Quote from Surdo:
Boris and Kathy are nothing but huge Fx marketing machines...books....brokers...signal service...etc.
I once tried out their Fx signal service, and I canceled it after a week and paid nothing, complete joke!
Kathy and Boris are The Milli Vanilli of Fx trading.
Kathy's book is good for the newbie that would rather read a book instead of Baby Pips.
surdo
THE CHALLENGE to Boris & Kathy , start a managed account program and prove you can trade instead of selling stuff like books,signal service,etc.....