Kathy Lien and Boris Schlossberg

Quote from kfc:

I had a free trial back in 2006, most of their High Probability Setup trades were losers.

I wonder why they don\'t offer a free trial any more :D

Here is one BS email they sent when there was a Sunday night gap

We were stopped on our short GBP/USD (-20) earlier
in the day (1:13 PM EST). For those of you wondering
how that\'s possible our dealer makes markets on the
weekends - but even those dealers that do not will
generally honor your stops even on gap opening
such as we are having tonight. Generally, gap
openings over the weekend are very rare in FX - they
happen no more that 4 times a year, but tonight\'s
price action underscores the importance of always
trading with stops in order to control risk.

Well hardly an hour into the trade we got stopped on
USD/CAD at 1290 (-30).

We were taken out of the short EUR/JPY at 149.60
(-25)

The market didnt even give us a chance

We took a stop at 6695 today, but many of you may
still be in the trade since our original stop was
6690 and we moved it up in the middle of the night.

We are stopped out on EUR/GBP at 6695 (-11 points)
on the trade.

We got stpped on GBP/JPY (-50) at 223.65

NZD/USD declined sharply in the last hour as a
general wave of dollar strength ahead of the FOMC
meeting tomorrow has pushed the pair to .6635. We
are unfortunately out of the trade having covered
for a small loss before the week-end.
More...

The trading style from 2006 versus our performance in 2008 is markedly different. Your experience in 2006 in no way reflects the experience of subs in 2008 we made major improvements to out approach.

Currency Direction Entry Date Price In Time Entered Stop Price Out 1 Time Exited 1 Price Out 2 Date Out 1 Date Out 2 Pip Tally
USD/JPY Short 12/10/2008 92.61 4:20PM 93.21 92.31 12:54AM 92.21 12/11/2008 12/11/2008 70
USD/JPY Short 12/8/2008 92.88 4:19PM 93.48 92.58 12:25AM 92.68 12/9/2008 12/9/2008 50
EUR/GBP Long 12/2/2008 0.8535 4:16PM 0.8475 0.8557 3:33AM 0.8588 12/3/2008 12/3/2008 75
AUD/JPY Short 12/1/2008 59.71 4:16PM 60.31 59.41 5:35PM 59.31 12/1/2008 12/1/2008 70
USD/JPY Short 11/25/2008 95.3 4:19PM 95.9 95 4:37PM 95.3 11/25/2008 11/25/2008 30
EUR/USD Long 11/24/2008 1.2909 4:10PM 1.2849 1.2939 5:02PM 1.2929 11/24/2008 11/24/2008 50
GBP/USD Short 11/19/2008 1.4977 4:17PM 1.5037 1.4947 11:24PM 1.4957 11/19/2008 11/20/2008 50
GBP/USD Short 11/17/2008 1.5002 4:10PM 1.5062 1.4972 5:45PM 1.4982 11/17/2008 11/17/2008 50
EUR/USD Short 11/11/2008 1.2527 4:38PM 1.2587 1.2497 6:46pm EST 1.2507 11/11/2008 11/11/2008 50
GBP/USD Short 11/10/2008 1.5605 4:10PM 1.5665 1.5575 9:16PM 1.5605 11/10/2008 11/10/2008 30
EUR/USD Short 11/6/2008 1.2696 4:38PM 1.2756 1.2696 8:02PM 1.2666 11/6/2008 11/6/2008 30
GBP/CHF Short 11/5/2008 1.8475 4:38PM 1.8535 1.8445 4:49PM 1.8435 11/5/2008 11/5/2008 70
EUR/CHF Short 10/30/2008 1.474 3:58PM 1.48 1.471 7:26PM 1.471 10/30/2008 10/30/2008 30
EUR/GBP Long 10/23/2008 0.798 4:08PM 0.7934 0.8002 2:43AM 0.798 10/24/2008 10/24/2008 22
CAD/JPY Short 10/20/2008 85.25 4:01PM 85.85 84.95 2:49AM 85.85 10/21/2008 10/21/2008 70
USD/JPY Short 10/15/2008 100.13 4:10PM 100.73 99.83 5:13PM 99.93 10/15/2008 10/15/2008 50
EUR/JPY Short 10/14/2008 138.87 4:40PM 139.47 138.57 8:50PM 138.17 10/14/2008 10/14/2008 107
USD/JPY Short 10/7/2008 101.4 4:26PM 102 101.1 11:52PM 100.4 10/7/2008 10/8/2008 130
AUD/JPY Short 9/29/2008 83.55 4:33PM 84.15 83.25 6:01PM 82.35 9/29/2008 9/29/2008 150
EUR/GBP Short 9/23/2008 0.7914 4:33PM 0.795 0.7892 4:14AM 0.7914 9/24/2008 9/24/2008 22
USD/CAD Short 9/21/2008 1.0465 5:35PM 1.0535 1.0435 6:47AM 1.0465 9/22/2008 9/22/2008 30
 
Quote from jbt:

The trading style from 2006 versus our performance in 2008 is markedly different. Your experience in 2006 in no way reflects the experience of subs in 2008 we made major improvements to out approach.
More...

Hic Rhodus, hic salta!

Anyone can type out past performance results and make all sorts of claims, your past results are unsubstantiated and therefore mean nothing. Chat room logs and spreadsheets of trades you apparently made are pointless and impress only those foolish enough to believe everything a salesman tells them.

Aside from that, you seem to use the same sales pitch and moving goal posts as other dishonest snake oil vendors, they don\'t offer a free trial either for obvious reasons.

Fortunately for you there is a seemingly bottomless pit of gullible naive novices eager to part with their cash!
 
Quote from kfc:

Hic Rhodus, hic salta!

Anyone can type out past performance results and make all sorts of claims, your past results are unsubstantiated and therefore mean nothing. Chat room logs and spreadsheets of trades you apparently made are pointless and impress only those foolish enough to believe everything a salesman tells them.

Aside from that, you seem to use the same sales pitch and moving goal posts as other dishonest snake oil vendors, they don\'t offer a free trial either for obvious reasons.

Fortunately for you there is a seemingly bottomless pit of gullible naive novices eager to part with their cash!
More...

Every trade we made is documented in a real trading account. As you notice I have never denied any losses we made in the past, we take responsibility for all our trades.

As a matter of fact we just hit our first loss in 22 trades on a GBPUSD long last night.

Your utterly false assumptions about how we run our business and baseless insults say much more about you than us.

As I said before I have no interest in promoting BKT here, but I will not let lies go unchallenged.

The facts are the following

1. We trade FX market with real money every day

2. Our BKT signal service is up 20%+ cash on cash in 2008

3. Our results in 2006 were much worse (we were negligibly positive (2%) on the year then primarily because our understanding of the market and our trading model and risk controls were considerably less mature.

4. The past years experience of our subs which they themselves describe on many rating forums ranges from 4-5 stars on a 5 star scale.

It is extremely easy to make baseless accusations on anonymous forums such as ET which is why I do not like getting into futile shouting matches with some of the drones that reside here.

I have said my peace. I publish every day, on CNBC every week - you can judge the quality of my analysis every day without ever even subscribing to BKT and I will let that be the final word on this thread.
 
Quote from jbt:



after observing markets for more than 20 years

Our results in 2006 were much worse......primarily because our understanding of the market and our trading model and risk controls were considerably less mature.
More...

You say your understanding of the market and your trading model and risk controls are more mature in 2008 than they were in 2006 yet you say you\'ve been observing markets for more than 20 years. I see, so it\'s only in this past 2 years that you\'ve begun to understand the market and learned how to trade it and manage risk? I shouldn\'t really be surprised, after all you don\'t seem to understand basic hedging principles, and your excitement over >20 wins in succession smacks of a wide eyed amateur who has only just realized there really could be money to be made in this business.

By the way your performance numbers and percentages don\'t add up but that\'s a minor detail by comparison.

If I were you I would try and keep your rating on Felix\'s website quiet, it\'s public knowledge that the guy is a crook who accepts payments to falsify ratings and remove negative reviews, it\'s even suggested that some positive reviews don\'t get published unless the company has paid him! Being associated with a crook like that is not exactly an endorsement of your own integrity.
 
Quote from kfc:

You say your understanding of the market and your trading model and risk controls are more mature in 2008 than they were in 2006 yet you say you\'ve been observing markets for more than 20 years. I see, so it\'s only in this past 2 years that you\'ve begun to understand the market and learned how to trade it and manage risk? I shouldn\'t really be surprised, after all you don\'t seem to understand basic hedging principles, and your excitement over >20 wins in succession smacks of a wide eyed amateur who has only just realized there really could be money to be made in this business.

By the way your performance numbers and percentages don\'t add up but that\'s a minor detail by comparison.

If I were you I would try and keep your rating on Felix\'s website quiet, it\'s public knowledge that the guy is a crook who accepts payments to falsify ratings and remove negative reviews, it\'s even suggested that some positive reviews don\'t get published unless the company has paid him! Being associated with a crook like that is not exactly an endorsement of your own integrity.
More...

I have traded equity and futures and options for 20 years FX only since 2004.

Devising a successful model for advisory service that can be implemented in practical manner by traders from Miami to Mumbai is very different from trading for yourself - something that I think a lot of people who only trade their own accounts do not fully appreciate.

You are again lying about our numbers not adding up - this thread has gone through a detailed accounting of our record this year.

We have never paid anyone to review our service and I Franky have never even looked at Forex Peace Army until our subs started posting their reviews there. Your cheap accusation that somehow we are dirty because that website is dirty is just libel.

You seem absolutely adamant on proving us to be a fraud without a shred of evidence but with a bucketful of lies. As I said I will let the reader be the judge here. My record is very public.
Yesterday I went on CNBC and said dollar goes down euro goes up when it was trading 1.3460 (today's high 1.3730)

I have seen a lot trash talk from you, but no legitimate trading analysis which pretty much says it all about you that anyone needs to know.
 
Yeah, so, I think Brett is gay. And I mean that in a good way. I'm not attracted to him, but if I WAS gay, I guess he could be pretty cute.

As of 9:20 eastern, I'm about 30 pips in the hole on EUR/AUD, so I need a diversion.
All in good fun, just lightening things a bit.

:D
 
Quote from jbt:




I have seen a lot trash talk from you, but no legitimate trading analysis which pretty much says it all about you that anyone needs to know.
More...

That\'s the idea Boris, in traditional salesman style shoot the hecklers instead of their message :D

But don\'t you worry about me son, unlike you I don\'t need to punt some questionable signal service around trading forums to earn my money, I trade for a living.

If you honestly believe 2,000 pips and 20% per year is something to shout about from the rooftops then you\'ve obviously been mixing in the wrong circles, some of us turn that in a month or two.

My problem with people like you is that you manipulate the truth to your own ends, for example weekend gaps that you avoided because you trade with a broker who fills orders at the weekend, stops that you forgot to mention that you moved, losses that mysteriously turn into gains, these things and more are what I experienced first hand during my trial of your service back in 2006. You say you\'ve improved but there\'s not much evidence of any improvements so far!

Aside from all that, you\'ve worked for two of the most notoriously dishonest bucket shops in the business, now that alone \"pretty much says it all about you that anyone needs to know\", no integrity, you sold your soul to the highest bidder!

If you stick your head above the parapet expect to take a few shots, it\'s nothing personal, I\'d still buy you a beer :D
 
Quote from jbt:

Every trade we made is documented in a real trading account. As you notice I have never denied any losses we made in the past, we take responsibility for all our trades.

As a matter of fact we just hit our first loss in 22 trades on a GBPUSD long last night.

Your utterly false assumptions about how we run our business and baseless insults say much more about you than us.

As I said before I have no interest in promoting BKT here, but I will not let lies go unchallenged.

The facts are the following

1. We trade FX market with real money every day

2. Our BKT signal service is up 20%+ cash on cash in 2008

3. Our results in 2006 were much worse (we were negligibly positive (2%) on the year then primarily because our understanding of the market and our trading model and risk controls were considerably less mature.

4. The past years experience of our subs which they themselves describe on many rating forums ranges from 4-5 stars on a 5 star scale.

It is extremely easy to make baseless accusations on anonymous forums such as ET which is why I do not like getting into futile shouting matches with some of the drones that reside here.

I have said my peace. I publish every day, on CNBC every week - you can judge the quality of my analysis every day without ever even subscribing to BKT and I will let that be the final word on this thread.
More...

To be fair though you have admitted you do not trade for a living.

It is fine that you sell a signal service but your trading profit, if we take your statements at face value, would barely cover the cost of one bloomberg terminal.
 
Quote from davidmaria1:



As of 9:20 eastern, I\'m about 30 pips in the hole on EUR/AUD, so I need a diversion.
All in good fun, just lightening things a bit.

:D
More...

Long or Short you must be at break even by now, or even in profit!

Damn boy, start a signal service, you\'re eminently qualified :D
 
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