jammer777:


What do we call this for God's sake? Mind you, whatever you have learnt indiscriminately from the participants would come to hurt you if
you dare use it for any good.

Guy, u mean no be small.

My dear, it would have been the other way around. Think of it this way, how much of a strategy would a newbie have that would have been a biggie to me. It would have been me helping the newbie.

I will show you something in a bit

voraz:
Sell Limit on USDCHF (0.9710)
SL: 0.9728
TP: 0.9610

AUDUSD
I expect reaction (if not reversal) at the TL .... tight stops

I've closed my UCHF trade at BE
Not the kind of rejection I expected

Sell AUDNZD 1.0610 SELL LIMIT 1.0625 SL 1.0650 TP 0.0810

Before Optimization

Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 2018.01.02 00:00 - 2020.04.14 00:00 (2018.01.01 - 2020.04.14)
Model Control points (a very crude method, the results must not be considered)
Parameters EA_Name="RenAlgo"; TradeTimeFrame="Start End Hour"; StartTrade=0; EndTrade=23; Use_LotType="If = 1-> Multiplier Lot, If = 2-> Fixed Lot"; LotType=1; Lots=0.01; StopLoss=0; TakeProfit=4; Distance=3; Multiplier=1.8; MaxLevel=20; LotsDecimal=2; MagicNumber=462018;
Bars in test 15174 Ticks modelled 354691 Modelling quality n/a
Mismatched charts errors 10
Initial deposit 10000.00 Spread 10
Total net profit -6097.37 Gross profit 17470.79 Gross loss -23568.16
Profit factor 0.74 Expected payoff -1.02
Absolute drawdown 6383.02 Maximal drawdown 13302.56 (77.32%) Relative drawdown 77.32% (13302.56)
Total trades 5995 Short positions (won %) 3193 (70.31%) Long positions (won %) 2802 (70.06%)
Profit trades (% of total) 4208 (70.19%) Loss trades (% of total) 1787 (29.81%)
Largest profit trade 2325.57 loss trade -4164.00
Average profit trade 4.15 loss trade -13.19
Maximum consecutive wins (profit in money) 27 (1320.95) consecutive losses (loss in money) 15 (-13210.73)
Maximal consecutive profit (count of wins) 2847.06 (4) consecutive loss (count of losses) -13210.73 (15)
Average consecutive wins 5 consecutive losses 2


After Optimization

Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 2018.01.02 00:00 - 2020.04.14 00:00 (2018.01.01 - 2020.04.14)
Model Control points (a very crude method, the results must not be considered)
Parameters EA_Name="RenAlgo"; TradeTimeFrame="Start End Hour"; StartTrade=1; EndTrade=20; Use_LotType="If = 1-> Multiplier Lot, If = 2-> Fixed Lot"; LotType=1; Lots=0.01; StopLoss=0; TakeProfit=4; Distance=3; Multiplier=1.8; MaxLevel=20; LotsDecimal=2; MagicNumber=462018;
Bars in test 15174 Ticks modelled 354691 Modelling quality n/a
Mismatched charts errors 10
Initial deposit 10000.00 Spread 10
Total net profit 12149.83 Gross profit 26708.41 Gross loss -14558.58
Profit factor 1.83 Expected payoff 1.57
Absolute drawdown 3817.06 Maximal drawdown 7992.86 (44.35%) Relative drawdown 45.33% (5127.53)
Total trades 7747 Short positions (won %) 3812 (71.43%) Long positions (won %) 3935 (71.23%)
Profit trades (% of total) 5526 (71.33%) Loss trades (% of total) 2221 (28.67%)
Largest profit trade 2394.30 loss trade -460.53
Average profit trade 4.83 loss trade -6.55
Maximum consecutive wins (profit in money) 27 (9.85) consecutive losses (loss in money) 13 (-1733.23)
Maximal consecutive profit (count of wins) 3275.48 ( consecutive loss (count of losses) -1733.23 (13)
Average consecutive wins 5 consecutive losses 2

The first result shows over $6000 loss with over 70% drawdown. It was actually at $17000 plus without the last set of trades closed at stop.

Same Ea, $12000 plus profit and over 40% maximum drawdown.

This is the type of services I do and it cost the client just $20 and I have no idea what and what the client would make with it.

That is the kind of upgrade I would have done for my winner even after giving him/her a free ea. Further monetizing advice would have come along. So Jammer777 ask yourself, who actually would have gained more, me or the newbie winner?

And yes, I am mean, I only help those I feel deserve it. Unfortunately in this case, no one got there.

I'm adding one more sell at 1711 SL for both is 1715.5 TP 1680

saxy4c:
Yeah I did as it refused to break 1680 was a sign to test 1710.

I'm selling gold 1707 sl 1714 tp 1678

saxy4c:
Sell AUDNZD 1.0610 SELL LIMIT 1.0625 SL 1.0650 TP 0.0810

Hello man. Please I want you to mentor me on your trading strategy, just blew my hundred dollar trading account, though I was doing quite well trading major currency, but lost all my money yesterday when I tried trading gold with 11 min.

saxy4c:
Sell AUDNZD 1.0610 SELL LIMIT 1.0625 SL 1.0650 TP 0.0810

Hello man. Please I want you to mentor me on your trading strategy, just blew my hundred dollar trading account, though I was doing quite well trading major currency, but lost all my money yesterday when I tried trading gold with 11 min. now I want to go back to demo.

teemy:

And yes, I am mean, I only help those I feel deserve it. Unfortunately in this case, no one got there.

Boy, i don't have strength please. You should have just given someone, improve on the rules and stage another contest, you'll lose nothing by doing this if all the above you claim is actually true.

teemy:


My dear, it would have been the other way around. Think of it this way, how much of a strategy would a newbie have that would have been a biggie to me. It would have been me helping the newbie.

I will show you something in a bit

Hi. Please can I DM you?

teemy:
Before Optimization

Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 2018.01.02 00:00 - 2020.04.14 00:00 (2018.01.01 - 2020.04.14)
Model Control points (a very crude method, the results must not be considered)
Parameters EA_Name="RenAlgo"; TradeTimeFrame="Start End Hour"; StartTrade=0; EndTrade=23; Use_LotType="If = 1-> Multiplier Lot, If = 2-> Fixed Lot"; LotType=1; Lots=0.01; StopLoss=0; TakeProfit=4; Distance=3; Multiplier=1.8; MaxLevel=20; LotsDecimal=2; MagicNumber=462018;
Bars in test 15174 Ticks modelled 354691 Modelling quality n/a
Mismatched charts errors 10
Initial deposit 10000.00 Spread 10
Total net profit -6097.37 Gross profit 17470.79 Gross loss -23568.16
Profit factor 0.74 Expected payoff -1.02
Absolute drawdown 6383.02 Maximal drawdown 13302.56 (77.32%) Relative drawdown 77.32% (13302.56)
Total trades 5995 Short positions (won %) 3193 (70.31%) Long positions (won %) 2802 (70.06%)
Profit trades (% of total) 4208 (70.19%) Loss trades (% of total) 1787 (29.81%)
Largest profit trade 2325.57 loss trade -4164.00
Average profit trade 4.15 loss trade -13.19
Maximum consecutive wins (profit in money) 27 (1320.95) consecutive losses (loss in money) 15 (-13210.73)
Maximal consecutive profit (count of wins) 2847.06 (4) consecutive loss (count of losses) -13210.73 (15)
Average consecutive wins 5 consecutive losses 2


After Optimization

Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 2018.01.02 00:00 - 2020.04.14 00:00 (2018.01.01 - 2020.04.14)
Model Control points (a very crude method, the results must not be considered)
Parameters EA_Name="RenAlgo"; TradeTimeFrame="Start End Hour"; StartTrade=1; EndTrade=20; Use_LotType="If = 1-> Multiplier Lot, If = 2-> Fixed Lot"; LotType=1; Lots=0.01; StopLoss=0; TakeProfit=4; Distance=3; Multiplier=1.8; MaxLevel=20; LotsDecimal=2; MagicNumber=462018;
Bars in test 15174 Ticks modelled 354691 Modelling quality n/a
Mismatched charts errors 10
Initial deposit 10000.00 Spread 10
Total net profit 12149.83 Gross profit 26708.41 Gross loss -14558.58
Profit factor 1.83 Expected payoff 1.57
Absolute drawdown 3817.06 Maximal drawdown 7992.86 (44.35%) Relative drawdown 45.33% (5127.53)
Total trades 7747 Short positions (won %) 3812 (71.43%) Long positions (won %) 3935 (71.23%)
Profit trades (% of total) 5526 (71.33%) Loss trades (% of total) 2221 (28.67%)
Largest profit trade 2394.30 loss trade -460.53
Average profit trade 4.83 loss trade -6.55
Maximum consecutive wins (profit in money) 27 (9.85) consecutive losses (loss in money) 13 (-1733.23)
Maximal consecutive profit (count of wins) 3275.48 ( consecutive loss (count of losses) -1733.23 (13)
Average consecutive wins 5 consecutive losses 2

The first result shows over $6000 loss with over 70% drawdown. It was actually at $17000 plus without the last set of trades closed at stop.

Same Ea, $12000 plus profit and over 40% maximum drawdown.

This is the type of services I do and it cost the client just $20 and I have no idea what and what the client would make with it.

That is the kind of upgrade I would have done for my winner even after giving him/her a free ea. Further monetizing advise would have come along. So Jammer777 ask yourself, who actually would have gained more, me or the newbie winner?

And yes, I am mean, I only help those I feel deserve it. Unfortunately in this case, no one got there.

"Not using stop loss" wasn't part of the rules.

Buying GBPCAD 1.7435 SL 1.7415 TP 1.7625

jammer777:


Boy, i don't have strength please. You should have just given someone, improve on the rules and stage another contest, you'll loose nothing by doing this if all the above you claim is actually true.

We are traders, we live by the rules. I just had to drum that in.

Whom should I have awarded? The ones who were not newbies (remember young traders are the target) or the ones that were newbies but did not follow rules?

I have no business in encouraging another person who would later rack up client losses. I've had lots of students that lost because of not following up on rules.

2007-2008 at my trading club in Ogbomosho, Seun came in on Monday with $1700. By Thursday, he was on $5600 hoping to cash out at $6000. Friday came and he lost EVERYTHING! He grabbed me and I remember the pain in his eyes. I felt really sorry for him but I wasn't moved, my heart was already stone. I had lost multiples of that in 2007. Client funds I had lost in trading that till today I am still clearing up (take a guess how much it must have been for a 13 yrs debt).

I just simply have no sentiments for those that did not make my bare minimum. The prize was equally open to those that ended up in losses but not below the stated threshold I set. Even hedge funds congratulate themselves in a losing month as long as the loses were not much. As long as they followed their own strategy even though ending up with a loss, they could win the award. The disqualifier was still not fulfilling all rules. I see no reason to give someone a pat when it is not deserved.

I was once a supertrader, the guy in 'Rogue Trader' was also a supertrader. A whole nation cried because of him not abiding by rules. I don't want copies of my old self. My contest, my money, my rules. It is just so simple.

signalsmedia:
"Not using stop loss" wasn't part of the rules.

Using stop loss was in Viettastitches' own strategy rule.

At the end of the contest, the highest ranked trader will give me a report of his/her trading strategy and I will authenticate that ALL trades made conform to the trading strategy. Any single off strategy trade will lead to disqualification and prize goes to the next highest ranked trader.

teemy:
As promised, the update on the contest award winner. The results are final.

A final look at the rules before I proceed.



The rankings

Wiconse(45110293) who ranked first was disqualified due to posting signals and thus not a newbie.


Ekesoft who ranked second preferred not to relinquish his strategy and so was skipped.

Voraz(30638720) third has been posting setups and is surely not a newbie


Dreamscapar(6661027) fourth relinquished his right to the award as he was not in it for the money.

Viettastitches(8835053) who came fifth was disqualified for not following all strategy rules e.g No StopLoss.

Succhris the sixth position has given a signal in the past and thus disqualified.


Cutefine042(noble_fx), Sconp(8841387), signalmedia, Fucc12(8837358), Bolutumiii(boluwatife1), Darkpal(2090621693), Free6orn(8853544), JafunmiFx(4093514), SayDeejsy(2090622449) and other unlisted numbers were authomatically disqualified by the system.

In all, there was no awarded winner. Thanks everyone for your participation.

As stated earlier, I won't be hosting any future contests here.

Wishing you well - Teemy

oga nawa o. after all my stress. you can't even give consolation prizes, since you don't want to have a winner.

wanderingsoup:


Hi. Please can I DM you?

Sure, details in my sig

viettastitches:

oga nawa o. after all my stress. you can't even give consolation prizes, since you don't want to have a winner.

I sent you a reminder to give me a call. Use another number. That lady is not happy being disturbed. All the same, she still tried, some would have said no. Remember to thank her.

teemy:


I sent you a reminder to give me a call. Use another number. That lady is not happy being disturbed. All the same, she still tried, some would have said no. Remember to thank her.

OK I will call you now.

teemy:

Using stop loss was in Viettastitches' own strategy rule.

wow, she was disqualified for not following her own rules.

signalsmedia:
wow, she was disqualified for not following her own rules.

Exactly

At the end of the contest, the highest ranked trader will give me a report of his/her trading strategy and I will authenticate that ALL trades made conform to the trading strategy. Any single off strategy trade will lead to disqualification and prize goes to the next highest ranked trader.

You're going to have to read a lot to trade Gold.
But honestly you could make just as much only trading currencies with a bit more patience.
You could always message me you know?

BrainArk:

Hello man. Please I want you to mentor me on your trading strategy, just blew my hundred dollar trading account, though I was doing quite well trading major currency, but lost all my money yesterday when I tried trading gold with 11 min. now I want to go back to demo.

BrainArk:

Hello man. Please I want you to mentor me on your trading strategy, just blew my hundred dollar trading account, though I was doing quite well trading major currency, but lost all my money yesterday when I tried trading gold with 11 min.

Lol...Gold .Blood sucker

When u are good, u are good... Some people won't like this, do I care? If you tired, u will call seun that I am tormenting you with pips..... That's about 90pips only, masturbate on it.

Buy NZDCHF 5775 SL 5760 TP 5885

Wow, Oga Teemy thanks so much for the 10k consolation prize that you just sent to me.
I really do appreciate it.

I also want to thank everyone who contributed one way or the other to make this possible.

I am not a trader but a fashion designer. I picked interest in trading not long ago and started studying without a strategy of my own.

I was one of the beneficiaries of benqozenero strategies given freely here. Also used it as I understood during the competition and I am even still studying and practicing it. I am not perfect yet so not using stop loss while the strategy stated otherwise maybe I forgot or excitement.

All in all I still got 10k consolation.
thanks Teemy
thanks Benqozenero
thanks all.

GladmanGoddey:
What was your reason behind the contest?

To steal people ideas with 10k naira

teemy:

Thanks everyone for your participation.
As stated earlier, I won't be hosting any future contests here.
Wishing you well - Teemy

Who before wan enter your one chance contest.

viettastitches:

I also want to thank everyone who contributed one way or the other to make this possible.

I am not a trader but a fashion designer. I picked interest in trading not long ago and started studying without a strategy of my own.

I was one of the beneficiaries of benqozenero strategies given freely here. Also used it as I understood during the competition and I am even still studying and practicing it. I am not perfect yet so not using stop loss while the strategy stated otherwise maybe I forgot or excitement.

All in all I still got 10k consolation.
thanks Teemy
thanks Benqozenero
thanks all.

I follow you thank Benqozenero for his generosity towards you and others. No thanks to Teemy, just a reminder if he think he's part of people my "thank" is going to. I no like mago mago people.

viettastitches:
Wow, Oga Teemy thanks so much for the 10k consolation prize that you just sent to me.
I really do appreciate it.

I also want to thank everyone who contributed one way or the other to make this possible.

I am not a trader but a fashion designer. I picked interest in trading not long ago and started studying without a strategy of my own.

I was one of the beneficiaries of benqozenero strategies given freely here. Also used it as I understood during the competition and I am even still studying and practicing it. I am not perfect yet so not using stop loss while the strategy stated otherwise maybe I forgot or excitement.

All in all I still got 10k consolation.
thanks Teemy
thanks Benqozenero
thanks all.

As I said, there was no reason to mention it here. There is also a reason it was on another thread I gave you the reminder to call me. All in all, it was not a consolation prize. I noticed you needed something and sent you something for it. Simple as that.

TheYoda:
Who before wan enter your one chance contest.

Funny man. No hard feelings, I understand you just wanted to protect your people. Apology accepted.

Buying GJ

saxy4c:
You're going to have to read a lot to trade Gold.
But honestly you could make just as much only trading currencies with a bit more patience.
You could always message me you know?

Yeah I think I will be sticking to currencies trading, but I will also want to be good at trading gold, and reading won't be a problem. I will want you to mentor me on your strategy, no just on gold but trading in general. I don't know if I can chat with you outside of nairaland maybe telegram or Whatsapp.