I have a grudge ? Read the thread first, NickF brought him up not me. I simply analysed what I thought of him based on what is available. All the response I got was "I will be sued" or "you shall not slander him" without anything further to be added to respond to my points made.
If we were to use your logic then all the people slamming Alvin/Kertcher on Kertcher's thread are in the "wrong" too ? Why do you not stand up for them. Simply because you dismiss Platinum Pursuits as I dismiss Radge (and Kertcher). You think everyone on that thread have a grudge for Kertcher ?
I thought this was a forum for discussion. Quote me on one post where I have not presented any information and simply slandered him.
This is turning into a joke, this will be the last post I make on this thread on Radge, releasing my err "draw down grudge". Anyone going through this can make up their own mind.
Still more than happy for you to trade the Power setups live on paper. You don't have to commit funds and more people can be informed of Radge's systems in forward testing.
His systems only seem to work in a raging bull market (admittedly you can say that about many systems).
Back from self-imposed exile after a period of cleansing and celibacy.
Hi CanOz, what do an index filter and exit logic look like? This is the second time I've come across the flipper so I'm actually curious about it.
Hope things are cool with you, btw.
Cheers
RY
I am a bit pissed off with Forex because, although advertised as a 24/7 market, I can't trade (virtually) in the weekend, when I have a bit more time than during the week. My attempted trade, placed carefully on Friday night was blatantly disregarded! I shorted the currency, the price dropped to my limit early on Saturday and, because it was weekend, nothing happened! All the work I put my random selection has been wasted... Just look at the surgical precision of my limit!
Nick
View attachment 58029
Your CFD provider might have shut its engine before the market officially closed for the week. They do this to avoid attempting to hedge the trade whilst liquidity is thinner as happens in the last hour of the New York session. Similarly, they open for business after Australia actually starts trading on Monday for the same reasons.
Consider yourself lucky that you have come across this operational wrinkle that has highlighted that CFDs are just a window into the actual market and is not actually the market.
Since this is play time, we can dream that you are an A-tier client of mine despite infecting me with foot-in-mouthitis. I am happy to help you out on this occasion and offer you a swap contract to take your position at the limit price. We'll chuck the P&L into the errors account this time on the understanding that you will remain a good client of RYFX. The paperwork will be with you shortly. We'll route the hedge trade through to Citadel to hammer it out via HFT algo.
You owe me a bottle...would you mind tickling Libor up a touch please.
Radge is a tipster........search and you will find better tipsters, I was subscribed and no longer subscribed his ASX power set up returns are a complete joke.....similar to Alvins mates returns.
Radge sells books, does tv shows and it's usually safer way to make money then being in the market live,however if you really are an ACE trader.........you don't need that crap you make your cash from the market and subscribers,after all in my eyes the only people that have the right to write a book or be praised are the ones like buffett and co.
But selling books pays the bills.
Just before I quit the US power set ups the first 3 months of 2014 was in a drawdown almost gave back all profits from 2013.
Radge is a tipster........search and you will find better tipsters, I was subscribed and no longer subscribed his ASX power set up returns are a complete joke.....similar to Alvins mates returns.
Radge sells books, does tv shows and it's usually safer way to make money then being in the market live,however if you really are an ACE trader.........you don't need that crap you make your cash from the market and subscribers,after all in my eyes the only people that have the right to write a book or be praised are the ones like buffett and co.
But selling books pays the bills.
Just before I quit the US power set ups the first 3 months of 2014 was in a drawdown almost gave back all profits from 2013.
If I was wiser I would always speak only about the qualities of a person and not their defects. If I had nothing good to say, I would refrain myself from comments. But I'm not...
Nick
RY,
I'm sorry for causing you to go over board with the comments earlier.
What would determine you to help me with a bad position? Just because what I perceive a large loss in short term may be perfectly acceptable for longer term and for good customer relations accept a small loss for your business?
How can I tickle Libor up?
Nick
you are already very wise 100% returns and all.
buffets dreaming...
Had to send myself into exile to repent. But I'm better for it and more appreciative of the simple things in life.
Brokers help their clients out when in a fix. Then we go out to lunch and drink all afternoon. That's what brokers do....if there is a benefit to it. In this case, your commissions to RYFX are such that we are happy to relieve you of the USD 5 yard position and take it onto our books at your limit price. We confirmed that your order was placed and understand that this is a slip due to operational matters. RYFX is appreciative of your relationship with us and regards this as a gesture of thanks.
In turn, it would be helpful if you were to regard your received rate of funding for LIBOR as 0.2% during the survey submission. However, you should only submit what you think is appropriate to you. We are only stating that it would be helpful to us in the eventuality that LIBOR were to rise to 0.2%. Should we find that LIBOR has moved closer to our desired rate, we would be pleased to extend a gift to you in the form of an all expenses paid trip to Monaco for the weekend. You can bring your wife, or a 'friend', to accompany you. Thanks for your understanding.
I trust the swap terms and paperwork are in order.
RY
I bought [a] book and I found it pleasant to read and exciting. Many years ago I bought some other trading books. I found them boring. Maybe [this book] is not right on some topics, but I don't think [the author] wrote the book purely to make money on it, without believing what [they] wrote.
Nick
I believe he wrote the book in good faith.What do you believe now? Why?
I believe he wrote the book in good faith.
I would not write a book if I did not believe (at the time) in what I write.
Later, I may change my mind, if new information becomes available.
Nick
I'm actually not referring to the integrity of the author or any authors who may write on advice or matters presented as fact. For the purposes of trading, whether they believe what they wrote is pretty irrelevant. Ultimately you want whatever works.
Instead, I am asking what you believe about trading now having added to your knowledge as a result of reading an additional book. Additionally, if you wish, I am curious as to how you came to those beliefs. All of us have beliefs and the vast majority are inaccurate representations of whatever is real. I am not exempt.
You seem excited about this, which seems to imply you've come across things that were interesting to you from a trading perspective. I was wondering what they might be.
Hi RY,
not sure about NickF but for me:
I enjoyed the unholy Grail.
Was my introduction to trend following/TA;
reenforced the notion of risk mitigation, use of stop loss, stopping looser, letting winner run, etc etc;
so good there;
When applied for a year with real hard won dollars
and after refining my parameters and heavy backtesting to "ensure' it would work: not so good;actually bad!
the recent variability /jitter make me buy/sell far too frequently; my win/loss ratio went down (more losers than when i was selecting stock with "guts"
I entered the market just before a small down trend, had to sell at a small loss most of my initial portfolio and then buy back far too late as I was waiting for my MA to reach its trigger value
in short a nice loss in a market going up....
I believe this is mainly due to the jittery situation we have had lately which did not fit well with my parameters optimised on the last 20years or so;
--
I wanted strict rules, a nice black/white tool-> did not happen;
do i regret buying the book, no!
I have a good feeling about nick and would be happy sharing a cuppa with him.
just my 2c experience
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