loopyno Posted August 20, 2010 Report Share Posted August 20, 2010 (edited) Please if u vote "It IS profitable" or "It IS NOT profitable" ... leave a reply with your experience that led u to this conclusion Hi everyone, Is there anyone who trades Tom Demark System? I am asking because this is one of the few theories i did not try and i wanted to take some action :D One of the things i am interested are some results if anyone has them ... a month or more I was also thinking to create a group on google or yahoo where a few people can test the system ... i have an indicator that does most of the work (not the one u find it on every forum ... it is one of mine that does only what i need it to do) So if anyone has some results to share or is interested in testing the system (Manual not EA - please do not mention any EA because i will go insane :) ) please post a reply, Loopyno Poople involved in the testing phase: 1) loopyno 2) marthart 3) alansim 4) john225 5) Mustafa 6) mtx_69 7) bamik 8) forexi 9) synergy 10) Skygod 11) traderfxpt 12) san1111 13) jdsim1 14) ezclick 15) toddanderson UPDATE 21.08.2010 4PM GMT ===================== I will get back with the details about the link UPDATE 22.08.2010 21PM GMT ======================= I intended to do the testing on a different site but i think it is best for all of us if we do it here. So the link is the following one: http://indo-investasi.com/group.php?groupid=3 UPDATE 22.08.2010 22PM GMT ====================== Since i got a lot of requests about my do called incredible indicator ... here it is: http://www.megaupload.com/?d=M0490OTT if anyone wants to study TD Demark join the group ... if not ... i hope this indicator will bring financial freedom to you ... it didn't have that effect on me :) ... but then again i created it 48 hours ago :) Edited August 22, 2010 by loopyno Bubu007, Ajata, trduraikamaraj and 3 others 6 Quote Link to comment Share on other sites More sharing options...
alansim Posted August 20, 2010 Report Share Posted August 20, 2010 I voted = i would like to test it :) Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 i updated the first post :) Loopyno Quote Link to comment Share on other sites More sharing options...
john225 Posted August 20, 2010 Report Share Posted August 20, 2010 I vote = I would like to test it too :-) Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 I vote = I would like to test it too :-) i updated the first post http://indo-investasi.images/smilies/happy.gif Loopyno Quote Link to comment Share on other sites More sharing options...
Soheil Posted August 20, 2010 Report Share Posted August 20, 2010 Hi loopyno, If u have read DeMark books There is no such thing as DeMark system , BUT there are a set of ultimate indicators which make your trading decisions a lot easier. They are designed for professionals . He & his associated BIG DOGS (George Soros , Steve Cohen & ...) have used & tested it in the last 39 years . Right now I don't trade exactly his indi s , I have used his ideas and personalised them and made myself a sys out of it. I am pretty well educated in his work . what is it u wanna check , maybe I can help or give u an advice in advance ? Combo , Sequential , Variabe Seq , D wave ... . Quote Link to comment Share on other sites More sharing options...
Mustafa Posted August 20, 2010 Report Share Posted August 20, 2010 Hello Loopyno consider me for this test I vote = I would like to test it too :-) Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 Hi loopyno, If u have read DeMark books There is no such thing as DeMark system , BUT there are a set of ultimate indicators which make your trading decisions a lot easier. They are designed for professionals . He & his associated BIG DOGS (George Soros , Steve Cohen & ...) have used & tested it in the last 39 years . Right now I don't trade exactly his indi s , I have used his ideas and personalised them and made myself a sys out of it. I am pretty well educated in his work . what is it u wanna check , maybe I can help or give u an advice in advance ? Combo , Sequential , Variabe Seq , D wave ... . hi soheil if i did not test Demark thoroughly it is obviously that i do not a lot of things about him :) One thing i know for sure is that for now i will not do the work alone because i will not reach the same results as a group of people :) So if u think u can help us with any advice on Tom Demark .... i/we would very much appreciate it :) If u would like to be part of the group your experience would be of great value Now ... when i said Tom Demark system i was referring to the simple Demark Trendlines ... i found i should give them the chance before throwing them away :) So that is why i opened this thread ... at the end we could say ... 1) We tried ... we only found another way that does not work :) 2) Or we can make money with it I consider it to be a win win situation :) Thanks, Loopyno Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 Hello Loopyno consider me for this test I vote = I would like to test it too :-) hi mustafa i updated the first post http://indo-investasi.images/smilies/happy.gif:) Loopyno Quote Link to comment Share on other sites More sharing options...
Soheil Posted August 20, 2010 Report Share Posted August 20, 2010 (edited) hi soheil if i did not test Demark thoroughly it is obviously that i do not a lot of things about him :) One thing i know for sure is that for now i will not do the work alone because i will not reach the same results as a group of people :) So if u think u can help us with any advice on Tom Demark .... i/we would very much appreciate it :) If u would like to be part of the group your experience would be of great value Now ... when i said Tom Demark system i was referring to the simple Demark Trendlines ... i found i should give them the chance before throwing them away :) So that is why i opened this thread ... at the end we could say ... 1) We tried ... we only found another way that does not work :) 2) Or we can make money with it I consider it to be a win win situation :) Thanks, Loopyno DeMark trend lines are good , and they work pretty well on their own (Like most of his studies) , but try to tweak it a little more. A few years ago a scam artist named "mouteki" tried to steal DeMark Lines and named this technique after his name . You can find his futile efforts in ForexFactory. But all in all it is profitable and it works but not holy grail. In my own experience I found it a little bit confusing on lower timeframes. I can't help u testing it , but if there is any help I can give , just post it here & I will do my best to help u and others. I have a short article about it if u want I can put it here so your group can get themselves familiar with these lines . Good Luck , Soheil. ========== Edited August 20, 2010 by Soheil typing error Quote Link to comment Share on other sites More sharing options...
joeytrader Posted August 20, 2010 Report Share Posted August 20, 2010 (edited) Hi loopyno, Although I cannot help in testing, I wish you and your group success. I assume there are other forum friends, like me, who are interested, but unfortunately cannot make any time commitment for the moment (For example, I will not be trading much because I'll be traveling quite a bit over the next month or 2). So good luck. And hope you'll share your progress with this forum as you move forward. Edited August 20, 2010 by joeytrader Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 DeMark trend lines are good , and they work pretty well on their own (Like most of his studies) , but try to tweak it a little more. A few years ago an scam artist named "mouteki" tried to steal DeMark Lines and named this technique after his name . You can find his futile efforts in ForexFactory. But all in all it is profitable and it works but not holy grail. In my own experience I found it a little bit confusing on lower timeframes. I can't help u testing it , but if there is any help I can give , just post it here & I will do my best to help u and others. I have a short article about it if u want I can put it here so your group can get themselves familiar with these lines . Good Luck , Soheil. ========== hi soheil, i know the guy u are talking about .. but from what i remember he mentioned in the documents Demark and i also remember that what he was trying to do is talk about the real way Demark analyzed the charts. i am also sure u are right about what u are saying so .... if u can help us with an advice about a correct starting point for our tests ... we would very much appreciate it :) Thanks, Loopyno Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 Hi loopyno, Although I cannot help in testing, I wish you and your group success. I assume there are other forum friends, like me, who are interested, but unfortunately cannot make any time commitment for the moment (For example, I will not be trading much because I'll be traveling quite a bit over the next month or 2). So good luck. And hope you'll share your progress with this forum as you move forward. Hi joytrader, i have no interest in making things a secret ... i think neither do the other members :) thanks, Loopyno Quote Link to comment Share on other sites More sharing options...
mtx_69 Posted August 20, 2010 Report Share Posted August 20, 2010 (edited) I voted = i would like to test it..plsz add me to the list.. Edited August 20, 2010 by mtx_69 Quote Link to comment Share on other sites More sharing options...
Soheil Posted August 20, 2010 Report Share Posted August 20, 2010 (edited) hi soheil, i know the guy u are talking about .. but from what i remember he mentioned in the documents Demark and i also remember that what he was trying to do is talk about the real way Demark analyzed the charts. i am also sure u are right about what u are saying so .... if u can help us with an advice about a correct starting point for our tests ... we would very much appreciate it :) Thanks, Loopyno As Far as I can remember from the past years , after a while , he was forced to give away from where and who he copied the sys , anyway the rules are good , just start and after a while u ll know the benefits and shortcomings of it. It is very important and crucial to backtest it in a completlely mechanical way , cause if u dont , in the end u can not be confidant about the results . Here is a link to a short article about the general concept of these lines , but for complete details on using them refer to DeMark books. h*tt*p://www.4shared.com/document/B7rAmj6n/L_online.html Best Regards, Soheil. ============= Edited August 20, 2010 by Soheil cashdaily, loopyno, wakjoe and 1 other 4 Quote Link to comment Share on other sites More sharing options...
BUDAKMENGONG Posted August 20, 2010 Report Share Posted August 20, 2010 hope can share if someone have it Quote Link to comment Share on other sites More sharing options...
bamik Posted August 20, 2010 Report Share Posted August 20, 2010 I would like to test it.I guess I know Mr.Soheil. If he is the person that I guess, it is very good.He has a thread about the Tom Demark System in a Persian language forum. Quote Link to comment Share on other sites More sharing options...
Soheil Posted August 20, 2010 Report Share Posted August 20, 2010 I would like to test it.I guess I know Mr.Soheil. If he is the person that I guess, it is very good.He has a thread about the Tom Demark System in a Persian language forum. salam bamik jan, khoobi baradar ? dorost hads zadi . agha mozoe demark o be oon soorat faghat baraye komak be hamvatananemoon gharar dadam , ghasd nadaram felan oonaro dar ekhtiare gheire irania gharar bedam , lotfan havaset jam bashe link o ina felan nadi. shayad dar ayande oonaro dar ekhtiare kharejia ham be oon soorat gharar dadam. ba arz eradat va ehteram , Soheil. Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 I voted = i would like to test it..plsz add me to the list.. hi mtx_69 i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif Loopyno mtx_69 1 Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 salam bamik jan, khoobi baradar ? dorost hads zadi . agha mozoe demark o be oon soorat faghat baraye komak be hamvatananemoon gharar dadam , ghasd nadaram felan oonaro dar ekhtiare gheire irania gharar bedam , lotfan havaset jam bashe link o ina felan nadi. shayad dar ayande oonaro dar ekhtiare kharejia ham be oon soorat gharar dadam. ba arz eradat va ehteram , Soheil. not even Google translate can detect the language :) cool Loopyno Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 I would like to test it.I guess I know Mr.Soheil. If he is the person that I guess, it is very good.He has a thread about the Tom Demark System in a Persian language forum. hi bamik i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif Loopyno Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 As Far as I can remember from the past years , after a while , he was forced to give away from where and who he copied the sys , anyway the rules are good , just start and after a while u ll know the benefits and shortcomings of it. It is very important and crucial to backtest it in a completlely mechanical way , cause if u dont , in the end u can not be confidant about the results . Here is a link to a short article about the general concept of these lines , but for complete details on using them refer to DeMark books. h*tt*p://www.4shared.com/document/B7rAmj6n/L_online.html Best Regards, Soheil. ============= Thanks Soheil Loopyno Quote Link to comment Share on other sites More sharing options...
mtx_69 Posted August 20, 2010 Report Share Posted August 20, 2010 hi mtx_69 i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif Loopyno ok thanks buddy..hope u send(pm) to me download link soons..monday can test it.. Quote Link to comment Share on other sites More sharing options...
loopyno Posted August 20, 2010 Author Report Share Posted August 20, 2010 ok thanks buddy..hope u send(pm) to me download link soons..monday can test it.. hi mtx_69, i was thinking to instal a forum on a domain i have ... and we can all work there. i would be easier to discuss and organize. i was also thinking that before we start testing we should study a bit :) but this is my opinion ... when we gather we will all decide what the steps should be ... i am not the boss :) Loopyno Quote Link to comment Share on other sites More sharing options...
forexi Posted August 20, 2010 Report Share Posted August 20, 2010 Voted would like to test. Add me to the list. Thanks Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.