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.
ProfLogic method - trading statement
- Thread starter benysl
- Start date
Quote from Charlie Dow:
You don't get it do you . . . I don't care whether YOU make any assessment of what I do because YOU do not matter. YOU aren't willing to assess the information on its merits or its foundations. You just want "account statements". YOU don't want something tangible to evaluate and make an intelligent decision from you just want paper. Well here attached is a paper . . . big fu__ing deal. It proves nothing.
There is a reason your quote comes from [UNKNOWN]. Faith is the glue that holds the world together. An individuals intelligence, common sense and problem solving abilities is what allows us to separate that which is relevant from that which is not relevant to our individual lives. Without FAITH you could never place a trade.
thats a start. now if we could see a years worth of trades so we can match them up to your signals on your website we may have the evidence we need to have faith in you.
According to the website of Logicalmarkets the results for january were as follows:
Trading e-mini euro, made 4079 pips. At 12.50$ a contract this makes 50,987.50$ PER CONTRACT. For trading 1 contract you need between 500 and 2000 $ margin. Accordingly the return according to the website should be between 10,000 and 3,000 %.
The RCG statement gives a return of 37%.
That's "slightly" less than what is told in the fairy tale on the website. To me it confirms that the website is pure fantasy when it comes to returns. The disproportion between fiction and reality is in this case dramatically and tends rather to fraude than to inaccuracy. If someone would ever publish the figures of the website to attrack investors he would be in big trouble with the NFA and the CFTC. To me that explains enough.
But objectivity forces me to admit that even 37% a month isn't that bad at all.
Trading e-mini euro, made 4079 pips. At 12.50$ a contract this makes 50,987.50$ PER CONTRACT. For trading 1 contract you need between 500 and 2000 $ margin. Accordingly the return according to the website should be between 10,000 and 3,000 %.
The RCG statement gives a return of 37%.
That's "slightly" less than what is told in the fairy tale on the website. To me it confirms that the website is pure fantasy when it comes to returns. The disproportion between fiction and reality is in this case dramatically and tends rather to fraude than to inaccuracy. If someone would ever publish the figures of the website to attrack investors he would be in big trouble with the NFA and the CFTC. To me that explains enough.
But objectivity forces me to admit that even 37% a month isn't that bad at all.
Vehn, no offense but it seems to me that the bottom line is that Bill is a profitable trader who is offering others the chance to learn a way to trade. Whether you have faith in him or not does not matter.
If you look at my one other post, you will find that I trade his method and am consistently profitable. If, and this is a big if, you are really interested in determining whether his offering is valid or worthwhile, you need to open your mind and re-read several posts back. In that post Bill goes into great depth to explain that not 100% of his trades are profitable. On the other hand if you are only here to terrorize...well that's your choice as well.
Good trading to you!
If you look at my one other post, you will find that I trade his method and am consistently profitable. If, and this is a big if, you are really interested in determining whether his offering is valid or worthwhile, you need to open your mind and re-read several posts back. In that post Bill goes into great depth to explain that not 100% of his trades are profitable. On the other hand if you are only here to terrorize...well that's your choice as well.
Good trading to you!
Quote from Curious1:
Vehn, no offense but it seems to me that the bottom line is that Bill is a profitable trader who is offering others the chance to learn a way to trade. Whether you have faith in him or not does not matter.
2nd post on this site. i wonder. is this another nick for the prof? did he show you his account records or did you get to your bottom line in some other way??
Quote from spike500:
According to the website of Logicalmarkets the results for january were as follows:
Trading e-mini euro, made 4079 pips. At 12.50$ a contract this makes 50,987.50$ PER CONTRACT. For trading 1 contract you need between 500 and 2000 $ margin. Accordingly the return according to the website should be between 10,000 and 3,000 %.
The RCG statement gives a return of 37%.
That's "slightly" less than what is told in the fairy tale on the website. To me it confirms that the website is pure fantasy when it comes to returns. The disproportion between fiction and reality is in this case dramatically and tends rather to fraude than to inaccuracy. If someone would ever publish the figures of the website to attrack investors he would be in big trouble with the NFA and the CFTC. To me that explains enough.
But objectivity forces me to admit that even 37% a month isn't that bad at all.
Typical response. Spike you are amazing. The exact response I expected upon posting paper. It is so nice when people follow such an expected and designated path.
The set-ups on the site are based on all consistent trading opportunies (conservative & aggressive) the Market manifests each day. I personally only watch and trade between 7 am and noon on the days I trade and only trade conservative opportunities, but the set-ups occur whether I trade or not. I know you trade 24 hours a day spike but we can't all be like you.
This is exactly what I stated earlier. You have no clue how to use the information I post on the site or what it is even in reference to but you think taking the information out of context and commenting on it makes it how I use it. Why? Because You say it is! Hombre can give you all his opinion after he sits through the class until then you will just have to be happy with being clueless. As usual let someone else do all the work.
Quote from Curious1:
Vehn, no offense but it seems to me that the bottom line is that Bill is a profitable trader who is offering others the chance to learn a way to trade. Whether you have faith in him or not does not matter.
If you look at my one other post, you will find that I trade his method and am consistently profitable. If, and this is a big if, you are really interested in determining whether his offering is valid or worthwhile, you need to open your mind and re-read several posts back. In that post Bill goes into great depth to explain that not 100% of his trades are profitable. On the other hand if you are only here to terrorize...well that's your choice as well.
Good trading to you!
Curious
as someone pointed out earlier . . . it's like talking to a brick wall. As long as they are too lazy to investigate it on their own to confirm it or disprove it using intelligence instead of the "Cause I said so", mentality you are wasting your breath. I've wasted my breath for years and all I asked for was an ear attached to an open mind.
Vhehn,
I understand why you might think that I'm Bill, but I'm not. In my first post I foresaw that concern and suggested that the moderator could (if asked) confirm that. In fact, Bill knows me but not by this handle so he really doesn't know who is posting with this nickname.
Rest assured that I really do understand why there is such concern about scammers offering systems or training. Like many here I have been had more than once. As far as Bill's method is concerned I can only speak to my own experience (which is explained in my November post).
Good luck to you in all that you do.
I understand why you might think that I'm Bill, but I'm not. In my first post I foresaw that concern and suggested that the moderator could (if asked) confirm that. In fact, Bill knows me but not by this handle so he really doesn't know who is posting with this nickname.
Rest assured that I really do understand why there is such concern about scammers offering systems or training. Like many here I have been had more than once. As far as Bill's method is concerned I can only speak to my own experience (which is explained in my November post).
Good luck to you in all that you do.
Quote from Charlie Dow:
Curious
as someone pointed out earlier . . . it's like talking to a brick wall. As long as they are too lazy to investigate it on their own to confirm it or disprove it using intelligence instead of the "Cause I said so", mentality you are wasting your breath. I've wasted my breath for years and all I asked for was an ear attached to an open mind.
you bring this on your self. i have followed your battles on elite for over a year now. you have been challenged by dozens of people on this site to put up some proof. so far you hedge every time. in over 20 years in this business i have met many like you. something smells.
i have only met one trader teacher so far who was willing to put it on the line in real time. most of the others could talk much better than they trade.
i am still waiting for a year of your trading confirms so i can match them up to your website trades.