stratman

how much would you be willing to pay for my work? ie do you think I charge too much?

the only issue is a metatrader limitation ie only 8 indicator buffers are available. Most of them are used to create the candles. I have thought of an idea that may solve problem ie increase buffers. There is a way to overlay more than one indicator on same window, maybe I can make a mini MA that can be overlay on top of candles mini. I would rather do this in the newer 'pipware-charts' as they have more features and less resource intense ... also free on my thv page of pipware.com

this is old style I programmed and I made a newer 'pipware-charts' that you can get free also from my site. I recommend that instead .. see the thv page of my site pipware.com ... it uses less resources and doesn't need font file

Correct .. you need the font file. Please realise that this is my first work on small charts and it was quite resource intensive. I now use another charts called 'pipware-charts' that you can also download free on pipware.com on the thv page

This is one of my free indicators I made last year. I have made a 'better' indicator called 'pipware-charts' that is less resource intensive and doesn't require a font file. You can download it free from the thv page on my website pipware.com

Interesting response.

 

Minicharts .. yes that version is quite resource intense. I have a newer (FREE) pipware-charts that does much the same thing apart from overlay on main chart. The newer pipware charts has many indicators too ... here's a snap of it ... btw .. did I mention it's free?

 

http://cdn.forexfactory.com/attachment.php?attachmentid=516700&d=1280490762

cheers Freddie

Princezuku ... you still don't get it

 

1) I do use it ... and I did just prove that I haven't profited from selling it.

 

2) I'm not seeking appreciation ... rather trying to stop the unwarranted criticism

 

3) Forex world doesn't need help ... yeah right ... more than 90% of people fail and a lot get scammed by people claiming to have the holy grail. I lost 25,000 myself before I turned the corner.

 

4) I shouldn't even reply to that one

I do not understand what you are saying.

I wish people would stop complaining and realise that my teaching and software has cost me a lot of time and lost income opportunity.

 

Here's the reality:

 

Most people under-estimate how long it takes to write good quality software. I spent between 500-1000 hours writing the dashboard and other free indicators. I did that full-time. I have less than 200 people in my skype room ... and a lot of them paid $19.95 ... everyone gets updates free for life. Considering that my normal job gives me $60 USD per hr, dashboard sales have come nowhere near recovering the lost revenue opportunity of $30,000 - $60,000 USD. If I am making so much money selling dashboards (as some think), why am I currently away from my family weeks at a time working my a** off 12-13 hrs per day? Fact is ... I need to support my family. My trading capital is just not sufficient to live off the profits yet.

 

Another thing that people don't grasp is that my teaching is absolutely free ... yes FREE ... you do NOT need to buy my dashboard to trade my 'bread and butter' methods. I can easily make 10% per month using these methods. I also found 1% per day relatively easy as well. The best consistent daily target I have managed is 2.4% per day over a full month (Read my forex factory thread to understand why I chose 2.4%). These are verified results from a live trading account.

 

By the way, I don't teach anything extra in my skype room ... it is just a place for traders who own the dashboard to hang out. Every scrap of teaching is free. You have a great opportunity to learn how to trade without paying anything ... what's to complain about that?

I get asked many times if I have an affiliate program eg here's the most recent email I got "Do you do an Affiliates program? We are thinking of starting a trading room but would need students to access Pipware. Don’t know how you feel about this".

 

Here is my response: "I don't have an affiliate program as my goal is not to make a profit selling forex products ... selling my dashboard is only to recover time spent developing the dashboard and all the free indicators I have. Once I get out of this current software contract I hope to develop some more free stuff."

 

I could aggressively market my products, even put a price on my free stuff ... but I don't. Some people think I've got rocks in my head ... people have said what I teach for free is better than programs/systems they have spent $1000's for. Remember, you can trade what I teach without buying anything from me ie buying the dashboard is not essential to trade my methods.

With an attitude like that, I can't see how you will suceed in forex. I have plenty of people who are now profitable under my teaching. Some have even given me donations because they are doing so well. People become profitable with my teaching without owning the dashboard ... these people buy my dashboard as a way of saying thanks.

 

When you inferred that 10% per month from forex was a joke ie not possible ... I should have realised you aren't yet a profitable trader.

jayjas

 

You are certainly missing the point.

 

1 ... "So this is not free indicators, this is just promotion of your coding bussiness, which every coder have to do. So where is your charity and kindness to all community?"

 

You missed that my free coding time and efforts for the community are well beyond the payments I receive for the dashboard and free indicators I provide

 

2. "Your words "Even as a profitable trader (10% per month), my trading capital is too small to earn a full-time income". Are you joking?? Do you have any idea what % do the best hedge funds? They will throw all their billions at you, if you hold something, that makes 10% monthly, consistently."

 

If you are not earning at least this as a retail trader after all the money you spent on books etc ... you must have been scammed. I personally know people who make 100% per month consistently. Dukascopy have an award for best traders per month ... they are mainly institutional traders and the winner average is 200% per month. Last month it was 400%.

 

3. "They MUST purchase your dashboard to become a member of your room? So people dont have a choice to buy or not to buy, if they wanna become members of your "so called teaching skype room"? Where is the free part then? You just charge them ahead of time."

 

People can learn my methods of trading for free. It's all in my forum thread and videos which are free. The skype room is just a place for traders that own the dashboard to chat to each other. I don't say anything there that I don't already say in my free videos/forum. I answer questions directly to my skype contact from non dashboard owners as well. Have you missed what I have said many times here already? ... purchase of my dashboard is not essential to trade my methods.

 

With regard my 60% in a month ... see answer to point 2. I made over 60% by aiming for a consistent target of 2.4% (compounding) per day. It's not a joke. It's verified results from MyFXbook.com

I think a quick history lesson is in order ..

 

I did not create the original indicators for the THV system. I was added to the THV team much later. What I did was rewrite the indicators in a much more efficient way. Those new indicators are all available free from my website.

 

I wrote the mini charts allowing multiple currencies and time frames to be displayed on the main MT4 chart window. The mini-charts were added to the THV system at release 4. The mini-charts are still available for free from my site.

 

Because I was becoming a profitable trader I was bombarded with questions daily from other traders wanting to know how to trade like me. I was spending hours every day wading through and answering all correspondence ( taking me away from payed contract work). Even as a profitable trader (10% per month), my trading capital is too small to earn a full-time income. I had completed a large programming contract during my NZ winter and the money from that would run out around Jan this year.

 

With what time I had left (approx 4 months) I developed the dashboard for my own trading. I knew that it would be helpful to other traders although not essential eg you can drive a car without looking at your dashboard but it helps! If I released it, I would further increase my already stretched free assistance to traders. A dilema .. how to give to others but not incur a huge unpaid workload.

 

At that point I could have easily become another person selling a system for $1000's and making money from all those traders still trying to find the holy grail. But the truth was (and is) that the holy grail is just education and screen time ... the only cost for a new trader should be their own time.

 

So instead of making a 'system' for sale to make me loads of money, I took the approach to teach for free and offer the dashboard as a 'tool' ie something that people could choose to buy or not ie it's not essential (like the dashboard of a car). So I sold the dashboard for a small fee to help pay for my support time and any further development time. I still retained all the other software as free downloads.

 

A trader at forex factory got upset about this and complained to 'twee'. I was immediately stopped from posting to any public thread. This meant I could no longer post to my favorite THV thread. I then started my own thread in the commercial section as that was the only place forex factory would now allow me to be.

 

If you read the first few pages of my pipware thread, you will quickly see how much support I received from the public community. This inspired me to continue and I started making the free videos to help others learn to trade profitably. I wrote the new pipware-charts ... another free indicator that is available from my site. It creates mini thv coral, trix, macd, stochastics, TDI etc.

 

I have now made over 80 free trading videos and my last trading results show more than a 60% return during May. Beginning of June, I found an issue with Oanda (they said it was a bug that is now fixed) but I decided to withdraw from them and open an account with Dukascopy. Dukascopy are very anal with paperwork and it's taken until end of last week to get my new account open. I am now going through the account funding process and hope to be live trading again during next week.

 

I continue to sell the dashboard as it helps cover unpaid time already spent and any time I spend helping others at present. I run a skype trading room for traders to communicate with each other. There is no subscription fee ... but you must own the dashboard to participate as I spend time answering lot's of newbie questions. I get many questions directly to my skype address (outside my room) ... having a small amount of money coming in from dashboard sales helps lessen the blow of the amount of effort it takes to run my services.

 

When I add up all the hours I spend compared to how many dashboards I have sold .. I am a long way from recovering my time cost. One day I may have to stop and concentrate on myself. In the meantime feel free to enjoy everything I have to offer ... both FREE and payed.

 

A point was made that this was a sharing forum ie that commercial systems are to made available for free download? If this happens to my work, I can just get pipware added to this sites black book list. I will let the people here decide how to treat me and my work.

 

cheers

stratman

sure:

http://www.youtube.com/pipware

The 'holy grail' of trading is education and screen time and practice, practice and more practice. The only cost is your investment of time. I did this and am now consistently profitable. You do not need to purchase anything from me to learn my methods ... it's all free in over 80 videos.

 

I created my dashboard for me to help my trading. I only sell it to help recover my development time but it's not essential to trade my profitable methods (useful though!). Same goes for all the free indicators I make ie they are helpful but not essential.

btw, just having someones 'system' or 'product' is not necessarily going to help you. Let me explain ...

 

Learning to trade is like learning a musical instrument eg a lot of people see a rock star playing guitar and want to learn. If they buy a guitar and read an instruction book, will they be able to play like their hero in a day, a week, a month ... 2 yrs? I think you get the idea ie you can read all you want about the theory of trading but you need the practice aka screen-time ... it's the only way.

 

All the education you need for trading is freely available on the internet .. I don't mean trying to find a hacked copy of someone's really expensive system ... I mean education ... get the education and screen-time ... it is the only real way to become successful.

 

When you go live, just start with $100. There's no need to lose your shirt! Most people blow up their first live account ... I did ... it was $10,000 USD. Learn from mistakes made by people like me.

 

Avoid paying for expensive systems eg there's one for $5,000. Work out your rate of return .. how long will it take for you to get that $5,000 back from your profits? I know that $5,000 mentor makes approx 2% per week and often has draw-downs of more than 10% ... is that how you really want to trade? I would suggest he makes most of his income from the $5,000 he charges you ie not from his own trading profits.

pipware dashboard - I made it

 

Hi guys. I am the creator of the pipware dashboard. Please understand that it took me 100's of hours to build it plus the free indicators I give away.

 

I teach my very profitable method of trading for free and have created more than 80 videos now. I have proven with my own trading results (available to all) that I can consistently make over 2% increase in equity per day. You can do that without the dashboard using the methods I teach ie the dashboard is just a tool that helps make the job a little easier.

 

My goal is to make money from my own full-time trading and I teach people how to avoid getting ripped off from the so called 'teachers' and 'mentors' charging $1000's for their services. But the problem is that each hour I spend making forex software for the community takes me away from my other software contracting work ($60 USD per hour).

 

cheers

stratman (pipware)