Australian (ASX) Stock Market Forum

Lifestyle Trader

$4000 is not much to pay if the strategies or systems work and the training is good. Whilst I know nothing about Aussie Rob I did look at the results spreadsheet and they don't appear to be promising too much with win / loss ratios less than 2 and % winners less than 50%. with stocks I like to see a win loss ratio greater than 3, but then I don't trade commodities.

Any canned system is normally bagged on these forums. Many of us prefer to roll our own systems and know that it can be hard to trade someone else's system, especially if we don't really understand how it works or it's black box. Some of the experiences above highlight the need to use extreme caution with any trading strategy, even one's we design ourselves!

My only problem is that they wanted my email address before I could get my results - more junk email on the way :(

stevo
Note - in London sunset is at 3.53pm and it's around 5 degrees tops - great to visit but I am not sure I could survive here long.
 
Isn't it great that morons who haven't even seen the package in action can make a comment on something that they clearly know nothing about?

Moving averages, stochastics WTF?

It's simply a supply and demand indicator that obviously monitors order flow and market depth combined with open interest to gauge when either the buyers or sellers are building a dominant position. I saw it demonstrated at a 21 Century event on the Gold Coast last year and really liked the simplicity of the programme.

But because the guy doesn't disclose his algorithim formula all these idiots think it's a black box system that uses standard TA indicators.

I mean, more buyers than sellers price goes up, right? More sellers than buyers, price goes down.???

"Nah, it can't be that simple can it?"

It made sense to me, plus it tells you where to place your stop loss and move it to each day based on a multiple of the ATR.

The selling point to me was the option scanner. I used to trade bull put spreads using the AD strategy over the Aussie market. Never again though. I now do bull put and bear call spreads over the US market.

As far as the trading system goes, I took my first trade on new years eve after getting a short signal on the mini-dow futures contract on Friday the 28/12/07 at a price of 13,427. My order was filled on the 31/12/07 at a price of 13,420.

On the 14/01/08 I was given the signal to close my position at an exit price of 12,798. My order though was actually filled on the 16/01/07 at a price of 12,510.

That's 910 points on one trade in just over two weeks.

Yeah this things a load of crap!

Go back to your Daryl Guppy and Chris Tate books guys.
 
Hi Aussie Rob... err...billyboy,

...and you signed up just to give us all a serve.

We're honoured. :D

Easiest way to shut us all up is:

a/ Send brokers statements matching signals to trades.

b/ Do some real time trades here on ASF(and I mean as they happen with charts etc)

You might even get some customers.

You up for it Rob.... errr.... billy?

By the way, if you really are billyboy, I'll bet you're glad to have dumped the AD strategy right about now. ;)
 
Yes please post some more of these great trades. I'm looking forward to many more posts from you, billyboy.
 
As far as the trading system goes, I took my first trade on new years eve after getting a short signal on the mini-dow futures contract on Friday the 28/12/07 at a price of 13,427. My order was filled on the 31/12/07 at a price of 13,420.

On the 14/01/08 I was given the signal to close my position at an exit price of 12,798. My order though was actually filled on the 16/01/07 at a price of 12,510.

That's 910 points on one trade in just over two weeks.

Yeah this things a load of crap!

Actually, I agree with you. The "system" has cheated you out of about 1000 points at this stage.
 
Sorry if I hurt your feelings Wayne, but I'm sure you'll get over it.

Thanks for the compliment too btw, but do you honestly think that "Aussie Robber" (that's brilliant that is) would bother answering his critics on some web site forum?

I'm not even sure he knows about this web site.

Why don't you send him an email and ask him for his personal trading results.

I'm sure he would oblige.

I do you a deal. I'll put up scanned copies of my trading results over the last 3 months if you put up copies of yours over the past 3 months first.

How does that sound?

"You up for it Wayne me ole mate or are your trading results not that good?"

It still doesn't stop you from mouthing off though does it?

And yes I am glad that I am not doing the AD strategy over the Aussie market any more.

As far as the Mini-Dow trade went. I received my next short signal on the 15-1-08 at a price of 12,564. I was filled the next day at 12,550. On the 24-01-08 I received the signal to close at a price of 12,365. I woke up this morning to see that my position was closed last night at 12,385.

Did I get out too early?

Who knows, who cares?

At least I don't have to worry about having an open position over the weekend. Just follow the rules I say.

Cheers
 
I do you a deal. I'll put up scanned copies of my trading results over the last 3 months if you put up copies of yours over the past 3 months first.

As far as the Mini-Dow trade went. I received my next short signal on the 15-1-08 at a price of 12,564. I was filled the next day at 12,550. On the 24-01-08 I received the signal to close at a price of 12,365. I woke up this morning to see that my position was closed last night at 12,385.

So that is a no to sending a statement to someone confirming the claimed trades?
and a no to posting some real time trades rather than after the event trades?
 
Sorry if I hurt your feelings Wayne, but I'm sure you'll get over it.

Thanks for the compliment too btw, but do you honestly think that "Aussie Robber" (that's brilliant that is) would bother answering his critics on some web site forum?

I'm not even sure he knows about this web site.

Why don't you send him an email and ask him for his personal trading results.

I'm sure he would oblige.

I do you a deal. I'll put up scanned copies of my trading results over the last 3 months if you put up copies of yours over the past 3 months first.

How does that sound?

"You up for it Wayne me ole mate or are your trading results not that good?"

It still doesn't stop you from mouthing off though does it?

And yes I am glad that I am not doing the AD strategy over the Aussie market any more.

As far as the Mini-Dow trade went. I received my next short signal on the 15-1-08 at a price of 12,564. I was filled the next day at 12,550. On the 24-01-08 I received the signal to close at a price of 12,365. I woke up this morning to see that my position was closed last night at 12,385.

Did I get out too early?

Who knows, who cares?

At least I don't have to worry about having an open position over the weekend. Just follow the rules I say.

Cheers
Hi billy,

I'm going to cut you a little bit of slack, but don't go too far with the insults... those infraction points add up pretty quickly. ;)

As far as my results go, I'm not selling a black box, nor making any claims, nor posting hindsight trades. You/Aussie Rob are. The onus is on you.

Another revelation for you: "Real"(?) gurus post on forums all the time. Cottle, Faith, Covel, Radge, to name a few.

Now, some evidence of profitability would be appreciated. Looking forward to it. I would also appreciate some evidence that the "lines" aren't some form of moving average/linear regression indicator.

Supply and demand indicator? LOL
 
Dodging the issue?

Surely not Wayne. Let's never mention your trading results ever again then as you obviously won't display them first.

I am not selling a black box system nor am I bragging about my trading results. I just don't like people bagging systems that they have never even seen before.

For your information I also use Daniel Kertchers stratgies for trading CFDs and options with. If anyone was on this forum bagging Platinum Pursuits without having attended one of his workshops then I would be defending him as well.

Boy if that happens you would be totally confused Wayne.

You won't know whether I'm Aussie Rob or Daniel Kertcher. You might even accuse me of being "Aussie Kertcher" a mutant derivatives trader from the planet black box sent to earth to answer criticism from "know it alls" on trading forums.

Eventually "Aussie Kertcher" lands a job as an equity index futures prop trader with Soc Gen in Paris who have no idea of his true identity.

(Tee-Hee)

Okay then Wayne, if you won't publish your trading results on this forum first then what about a live trading competition then?

You pick a commodity, index or forex pair for us both to trade for a one month period only.

Once the particular contract has been agreed upon, each person must announce whether that are going long or short on that particular contract at an actual entry price which can be verified.

All stop losses must be announced at the same time of entering the trade and can only be adjusted by announcing a new stop price on this forum first.

This way it can be proven if either trader has been stopped out or not.

Should either person whish to exit a trade prior to being stopped out they must announce their intention to do so to be followed up with the actual price exited from the trade the next day. At the end of the month the winner will be announced on this forum.

This will be a live position trading competition with no day trading allowed with just the one contract to be traded at all times. You do have the choice of staying out of a trade though if you have not had a suitable entry signal.

Futures contract or major FX pair, I'll let you decide on the market.

Gold, Oil, the E-mini Dow, the AUD, Wheat, you name it Wayne.

I'll use the supply and demand indicator you can use which ever method you want.

Consider a glove being slapped across your face Wayne.

"I challenge you to a duel"

Are you up for it Wayne?
 
I am uncomfortable with an obvious charlatan getting access to this forum, where Joe and mods try to maintain a high standard. Joe has worked hard to build a community here and I do not like charlatans exploiting his hard work to gain free publicity.

There is a very recent example of a vendor posting at least his real-time calls on YouTube, anyone who is not an obvious charlatan would do something similar and expose his scheme to scrutiny. Whoever you are, you are a quack and a seller of snake oil, post your real-time trades or at least market calls if you would like any credibility.

I am torn between asking the mods to delete the posts of this obvious hawker or to leave them here so he has enough rope.
 
Poor Timmy, he wants mummy to make the nasty man to go away.

Boo Hoo

I have offered to put my trades up in advance of declaring the results to this forum. I just expect the same from the other whingers on this forum who can talk the talk but sadly can't walk the walk.

Come on fair is fair. Are you up for the trading challenge Timmy?
 
Out of courtesy I will respond, but only once, to this charlatan.

YouTube is an excellent medium for the posting of real-time trades, or if that is too threatening, real time calls. I would like to say therefore, put up or shut up. I will refrain, though, because I know you will do neither.

You will not post your trades or calls, not because you are either a coward or a fraud, but because you are a very calculating and rational person. You cannot afford the scrutiny this would place your little scheme under. That's OK, I understand. One must be very disciplined when one sells snake-oil for a living.

Also, you will not shut up because it is truly said that an empty vessel makes the most noise.

I have no doubt you will find many fools to pay for your scheme, they say there is one born every minute and your conniving ways are sure to uncover them.

This is the last time I view this particular thread, and as of now I shall utilise that very handy 'ignore' feature so I no longer have to view the ramblings of at least one idiot.

I urge readers who are this far down the thread to do the same thing.
 
Give the bloke a go I say, if he wants to prove his method works then im all for it, bring it on.

Do as you say you will billyboy, don’t think you need to go head to head or dual anyone, just stick to the rules you have laid down and show us a month of trading with entry’s, stops, exits, profit targets in advance as surely this is how purchasers of such syetems would be trading, its not a quick intra day technique were posting trades before they occur is difficult due to the time factor.

There are many skeptics posting here about the likes of Aussie Rob, Daniel Kertcher, SITM and many others myself included, but if they can show us trades real time then I for 1 will be the first to acknowledge I was wrong.
 
$4000 is not much to pay if the strategies or systems work and the training is good. Whilst I know nothing about Aussie Rob I did look at the results spreadsheet and they don't appear to be promising too much with win / loss ratios less than 2 and % winners less than 50%. with stocks I like to see a win loss ratio greater than 3, but then I don't trade commodities.

Tend to agree, expenses for me to set up my first system have been about $6k so far :eek:

But that included a $2.5k laptop so my next system should be way less.

And guys, this guy billyboy doesn't have to prove himself to anybody.
If he's making good money selling systems, then good on him.
Its those buying the systems who have to be careful.

If there wasn't a market for people who wanted to "get rich quick the easy way", then these "scammers/robbers" wouldn't be in business.

But unfortunately, there are plenty of people looking for the "easy way" who are not willing to put in the time and effort in designing/developing their own system(s). And these are the guys that get sucked in.
 
Billyboy agree with Pager others on the forum do exactly what he suggests Kauri and ithatheekret are two that come to mind

And as for Daniel Kertcher try a Google......
 
I don't understand his need to challenge people. If he has insecurities about his methods and needs to compare penis size then let him do so elsewhere..

If Billyboy is as good as he thinks, why the need to challenge anyone? Off to the bank and count your cash Billbob.

If you want a challenge, then challenge yourself to improve, not rest on you laurels pointing your finger and pounding your chest.

Add something meaningful or keep your overtly agressive nature to those closer to home who have no choice but to listen and tell you that you are their god.
 
If you are determined to go with a black box.. at least this one gives you more bang for your buck...

Cheering
.........Kauri
 
billyboy,

As you said, all of us are morons and idiots on this forum and I must admit that out of all these morons and idiots I must be the lead moron/idiot, as I was stupid enough to actually spend $4000 on that "Aussie Robber" software and even more stupid to spend the 90 days to perform detailed system testing to prove that the software didn't work... AND spend another 3 months to fight for my money back at the Consumer, Trader and Tenancy Tribunal.

I think, with the qualification demonstrated above, my fellow forumites, will agree with me that I am the most qualified person on this forum to comment on the software.

Well, read my lips - IT DOESN'T WORK!!!!

And the CTTT judges agreed with me as well! :D

investa
 
Dont close off this thread it is the only one that returns when you search for this rogue - btw yes we are suckers we brought it and he deserves to go down promoting this to computer illiterate seniors at retirement expos then giving them nothing for their money. Latest newsletter promotes them using their super to fund the losing lifestyle.

We were not after a quick money making venture it is promoted as a business with all expenses tax deductible (thats how he gets people to part with lots of their money) and a home study course to teach you how to trade topped off with a brightly coloured flower to attract the bees fully.....yes we got sucked in, and we are middle aged. The poor older people who feel like fools are not going to say anything are they.

Anyone in the same boat contact me and we will work on a scheme.

Have done the paper trading, virtual trading and are now live and losing.

I searched for everything in google, got nothing except for sites promoting
it. To help others get here the words I used were Options Made Easy, Aussie Rob's Lifestyle Trader, Aussie Rob, Rob Wilson, Options Simplicity.

Go on register it is not hard to do others need to hear what you have to say.

His latest spiel is on his website it goes something like ... he is an entrepeneur (aka take ya money and run) he was also extremely busy helping others on a financial message board (why then is there not something where other purchasers of his package can talk amongst themselves - it would appear as if he does not want us to compare stories)
 
There is nothing like a "real" testimonial is there. LOL


Gl.... eeerrr, billyboy,

Duel? Bahahahaha!

I love this neat little challenge the challenger trick. It even works with some people if they have a big enough ego.

But you see, I am a true lifestyle trader. I'm on this forum for conversation and camaraderie, not to sell a black box. If I'm a hack, so what?

However, Rob's moving avera.... eerrr, mysterious supply and demand indicator does.

Marvelous opportunity for sales here... or not? ;)
 
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