ProfLogic method - trading statement

[makosgu]

Quote from Curious1:

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.

It is hopeless Curious. Bill knows exactly who I am and everything I have ever said has fallen on deaf ears. They see the report and you get the typical counter arguments. 99.9% of Hedge Funds won't even see this type of return by the END of the year. Granted, they trade considerably larger volume. Then there is all those who cannot grasp something that they cannot percieve. Mind you those returns were just on a few days of trading. How many others trade all their signals? Even better, how many recieve as many signals in a single day. I suspect VERY FEW... I try to trade all of mine but frequently I have to step out to regroup and calm the excitement. ETers are what they are, largely NON-BELIEVERs and failure prone unfortunately... Most are there own worst enemy.

Regards,
MAK

 

[HoustonMark]

Quote from makosgu:

ETers are what they are, largely NON-BELIEVERs and failure prone unfortunately... Most are there own worst enemy.

Regards,
MAK [/B]

A famous man once said, "when the eagles are silent the parrots jabber".

To my fellow eagles, Charlie Dow, Curious and MAK, I say let the parrots get on with it.

Best Regards,

HM

 

[Charlie Dow]

Quote from vhehn:

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.

clueless

 

[oddiduro]

Quote from Charlie Dow:

Oddiduro . . . you are correct in your overall assessment of the mentality of some of these posters.

Well, I have been on this site awhile. I saw them attack Jack, when he is selling nothing.

I watched them attack Sydertrader, and his journal is completely transparent.

I saw them attack you, and in your early posts you essentially gave away everything needed to trade your method.

I have learned in psych that attacking a person's worldview is a form of trauma.

Many like to believe that money cannot be made in the market consistently.

You are in effect causing them trauma, which in turn causes a fight or flight response.

The results are all too predicable.




Best Regards
Oddi

Edit: Surfer, as the manager of a small fund, it would not kill you to take a day, fly down to tampa a watch. Your profits off the GOOG trade alone would cover any possible expense. The invitation is free, and I simply do not understand why just don't go on down there and see for yourself.

 

[PitchBlack]

To all the Proflogic supporters:

the websites announced 4079 pips for january. Is there ANY TRADER who can prove that he made 10% of this amount in REAL TRADING following Proflogic's method?

I don't think so. So what is the value of hypothetical returns if NOBODY succeeds to make even 10% of this return?
With a very conservative margin this still means over 300% return in 1 month. Proflogic makes barely 10% of 10% of what his system can make. So he makes only 1 out of 100 pips.


I make easily over 50% of the returns that my system generates; even in the worst periods.

What Prof logic does is promise a Mercedes, sell a Hyundai and telling people that the Hyundai has in fact the potential of the Mercedes. If it drives like a Hyundai it's the driver's fault.

 

[cosmic]

Spike,
who cares about the 4000+x potential pips, if you are consistent in reaching your daily goals? You just scale up & progress to the more aggressive setups, if you feel your confidence level rising (which will with time, because you see the same thing over & over & over again).

For most traders, including me, that means learning to be patient & conservative, which I find is the hardest part. But that may just be me, but I guess knowing the enemy is more than half the solution...

The trades listed on the site just show all the potential setups & pips that the market generates each day with this method. But that does not imply that you have the appropriate skills to take them all when starting out...

Have a good weekend,
cosmic

 

[Free Thinker]

Quote from Charlie Dow:

clueless

well at least you are reduced to one word responses. i have grown weary of this battle too. it is somewhat like religion. the true believers will never look past the promises to figure out if what they are being told is true. your thread is in chit chat now where it belongs so i will sit back and watch until you start trying to peddle you crap on this site again and then i will raise the red flag again.

 

[Charlie Dow]

Quote from spike500:

To all the Proflogic supporters:

the websites announced 4079 pips for january. Is there ANY TRADER who can prove that he made 10% of this amount in REAL TRADING following Proflogic's method?

I don't think so. So what is the value of hypothetical returns if NOBODY succeeds to make even 10% of this return?
With a very conservative margin this still means over 300% return in 1 month. Proflogic makes barely 10% of 10% of what his system can make. So he makes only 1 out of 100 pips.


I make easily over 50% of the returns that my system generates; even in the worst periods.

What Prof logic does is promise a Mercedes, sell a Hyundai and telling people that the Hyundai has in fact the potential of the Mercedes. If it drives like a Hyundai it's the driver's fault.

clueless 2

 

[Charlie Dow]

Quote from vhehn:

well at least you are reduced to one word responses. i have grown weary of this battle too. it is somewhat like religion. the true believers will never look past the promises to figure out if what they are being told is true. your thread is in chit chat now where it belongs so i will sit back and watch until you start trying to peddle you crap on this site again and then i will raise the red flag again.

You're still clueless
You still can't read English
Traders using my stuff respond because it works for them because they applied it correctly
It's no wonder you have been lost for over 20 years.

 

[marketsurfer]

Quote from oddiduro:



Edit: Surfer, as the manager of a small fund, it would not kill you to take a day, fly down to tampa a watch. Your profits off the GOOG trade alone would cover any possible expense. The invitation is free, and I simply do not understand why just don't go on down there and see for yourself.

you are right, odd, it would not kill me. however, the benefit derived from the excursion would not equal the effort required. it's basic cost/benefit analysis.

i have been contacted by various "holy grail" type discovers in the past, and offered some appealing incentives to verify/confirm the claims. the few i have looked at are generally curve fitted systems that supposedly DID work, but for whatever reason do not work presently. The ones that did show some promise, required the direct imput and interpretation of the creator making the method very subjective.


i am off to NYC trader expo......

see you later!

surfer