flybiz08:
Phew!


What a trading week! Events from the BOE, RBNZ and BOC created ample uncertainty enough to rumple the markets. No clear-cut direction but in all, not bad considering we still have 2 more trading weeks.

I will close trading for the week today unless something comes up tomorrow. Should any trade be taken tomorrow, I'll post an update.


Here are the stats so far for this week.


I'll appreciate constructive comments.



Best regards.




#FX CRAFT

skybridge:
I want to salute your courage for this you want to do.I will like to advise at this junction,stop answering some needless questions.If you say you can then you can and if you say otherwise then you cant.i will like you to concentrate on the task ahead.Many attimes when i read comments,i cant understand why some will be picking annoyance among themselve.We should be supportive of eachother no matter what.I will join you in the journey.Furthermore,i have promised myself to build an account of $1M,no matter how long it takes.The word is NEVER GAVE UP ON YOUR DREAM.I started an account with $47 and now the account is a little over $700.With strong determination and HOPE,dream will come reality..

teemy:
keep it up flybiz08. by the way what do you use in determining when to exit a trade?

flybiz08:

It has been a week without any signal so far. Today being Friday, I doubt I'll close any differently.

It was a week filled with volatility yet no signal was generated. I hope the story was better for other traders.

A happy weekend to everyone.


Best regards.



#FXCRAFT

flybiz08:

It has been a week without any signal so far. Today being Friday, I doubt I'll close any different.

It was a week filled with volatility yet no signal was generated. I hope the story was better for other traders.

A happy weekend to everyone.


Best regards.

#FXCRAFT

skybridge:
The week under review was tough for me.i closed the week in high negative.I hope weeks to come will be better.

teemy:
to a great week all!

teemy:
oohrhiifx the contest ended and i ended up falling off the prizes table. better luck next time. lolz

baylord77

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oohrhiifx:


Didn't follow it. I don't follow demo issues at this stage, it's a practice account and it's for new and upcoming.

Naturally I wouldn't talk but criticism is a good catalyst and was just wondering, it's been like 3 weeks now or 4 there about that you have been handling this trading account. From the previous statement you posted you were having $208 that was like in the first week, now 3 weeks afterwards you are $3 short with a record of 5 consecutive losses with maybe 2 consecutive wins,... Now all this would be normal even though you are having a target of turning it to 1 million dollars and with all the hypes and calculations about daily pips and all... This statement and the performance really isn't a problem next month could always be better but selling trading signal with this performance? Your sortino index can't be less that -7.0, I won't even talk about ur Jensex index as at now and your win rate is not even up to 1%( you have more consecutive losses than profits) your maximum loss is even greater than your maximum win per trade,yet you want to sell signals? For who exactly? This is really funny. I do fear for your subscribers though God help una.

I was actually thinking of posting professional analysis today here for free, so as to offer my own insight about the upcoming week and give u a clearer perspective instead of the few fundamentals you posted here and you 15 min chart. But privatizing this thread kills it all.

As usual I wish you all the best in your quest and it's achievable only that it's not through this way.

Best wishes to you all. Happy trading week to us!

That you would even consider selling what you don't have is simply amazing..No wonder many do not take Nigerian traders serious. Chap chap u don change focus from proving to selling... SMH.

baylord77:



[b]
Hello Oorhiifx(Astute Financials),

I'm confident that my introduction would reel chills over you because we've taken appropriate measures to understand your vitriolic critique.

In all honesty, we have come to understand that it's all about competition which is frivolous to our task at hand. We understand that your stake in the same line of business would not allow your cynical personality come to terms with any modicum of competition.

While we do not intend to indulge in mudslinging, we can confidently say that we have viewed some stats from your account with FxPro. Your high risk trading pattern may inadvertently perform miracles to consider yourself a professional, in the 'real' world of Forex, you're crass with the concept of experience and money management.

A few trades do not define a successful trader neither does a few weeks from your assessment. You R:R amplifies your ignorance over the fact that most corporate organisations consider annual returns between 3 - 15% as excellent.

Take a word from us and be humble. You account on display has many vital information blocked and it was started just last year November to be precise. Consecutive wins or losses do not define a trader but the concept of money management as it relates to equity/balance in terms of leverage correlation, is what counts. In your case, you seem overwhelmed by this as evidenced by the 500:1 leverage you apply.

In all honesty, we are on course to make history. Your vituperation does not come as a shock to us as we feel mediocrity may be fueling your assertions.

We dare you to make your account public and convince the public that your have a full grasp of the terminologies you throw around. We hope you do not shy away again.

We wish you a successful trading week and this will be our last response on this subject matter.

Regards.


#baylord77 (FXCRAFT Team)[/b]

oohrhiifx:


Didn't follow it. I don't follow demo issues at this stage, it's a practice account and it's for new and upcoming.

oohrhiifx:


Smiles.

I read this response with joy.

Now why should your intro send chills when it's open to see on my profile. Yes am the lead analyst with Astute Financials so what's the fuss? It's there for all to see bro.

Regarding your second paragraph, we are not in the same class neither are we in the same league, so we ain't competing please note this.If we are I'll be posting details or something. Astute has more that 5 serious technical traders,And even the third of them provides webinars for 3 brokers, In case you don't know Astute provides PAID webinar service for 8 standard brokerage companies, just wanted to observe you and probably recommend but then you turned out to be a joke.

The stats displayed there is enough for any serious analyst to observe, and deduce what ever from it. Thing is if you are a pro, you would know the risk level of a portfolio is not determined by the leverage, but by its usage, which is also available to see by all, but then you ain't a professional so you cannot even know what to look for.

I seriously wasn't here to challenge you, really but I just wanted to follow jeje and see how it goes, thinking you are a serious trader who knows what he is doing but unfortunately you don't.

You spoke about high risk, let me school you from your account, you have a $200 account yet you trade with $40 per trade , in my calculation that 20% of the account, yet you do not have 1 way of handling the risk, no stop loss no nothing, and you are here talking about high risk trading. You need to do a more careful study of that live explorer maybe you would learn something.

The reason for my critique is not because of any other thing other than to let you know that what you are doing and how you are doing it is wrong. You are trying to mislead people, the young and aspiring ones with all this your rum you kept posting. If you are right I will support you, you piqued my interest with your topic but unfortunately you have digressed, being behind different handles and calling yourself a team. Funny guy.

This is one of the main problem with young traders, you guys are so emotional and egocentric when you are being corrected,instead of listening and learning, you tend to get ahead of yourself. Am hopeful you will be less arrogant after you have gotten more experience from the market.

Think about it, isn't it wrong to start selling what you don't have? Atleast you have seen a longer term account with serious stats, you started something within a month, no profit, no defined risk pattern, no defined analytical pattern, yet you are advertising to sell. How can you sell what you yourself do not have, team you have not profited from, with 5 consecutive loss count, you are selling. What's to guaranty that you would not lose the next 5 trades? Why not get that 10-15% you spoke about first. Funny how ones target can reduce so much from 1 million dollars to 15%.


I am criticizing you because someone has to and simply because I know more than you and I COULD PROVE IT. No hard feeling here just learn. Why not make a history first, please stay on course.


What else do you want to see or do you mean by making it public, isn't it public enough,or do you mean to see how much is in the account? You see the trades and everything what else do you need?

The lesson here is simple, be patient, work on your consistency, grow your account first, get a record to show, then you can start selling.

Just focus on your trading bro, you can't sell what you don't have, don't mislead people.

Stay Good.

bily:


I took a cursory glance at your ff trade journal. For someone who has been a proponent of sound money management, I must confess, I expected more from you. Over 50% equity draw down? I hope it's your personal account and not your astute financial abi wetin you call am.

I actually like your criticisms, but I think you should first channel it to your trading, it will do you a lot of good.

@ OP, I agree it's too early to be advertising fund management when you have not yet proven yourself, common, your account is just 1 month old!