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(req) Forex 100% trading system


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His " whois " data .. with phone # .. :)Also on his statement.. has 1 loss .. so no 100% ..

 

'picky,, 'picky' .. LOL

 

http://www.networksolutions.com/whois-search/forex100percent.com

 

Good trading wishes

Edited by Marchello
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on the statement he is showing 1 loss

 

Alpari (UK) Ltd.

 

Account: 3064298 Name: nanik vishindas Currency: USD 2011 July 19, 19:24

Closed Transactions:

Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit

215499327 2011.07.15 12:12 balance Deposit 3 000.00

215507831 2011.07.15 12:36 sell 3.00 eurusd 1.41584 1.41752 1.41542 2011.07.15 12:56 1.41542 0.00 0.00 0.00 126.00

215819036 2011.07.18 03:50 sell 3.00 cadjpy 82.599 0.000 82.471 2011.07.18 04:16 82.581 0.00 0.00 0.00 68.33

215828186 2011.07.18 04:16 sell 3.00 cadjpy 82.558 0.000 82.430 2011.07.18 04:25 82.530 0.00 0.00 0.00 106.27

215831327 2011.07.18 04:27 sell 3.00 cadjpy 82.520 0.000 82.420 2011.07.18 08:42 82.420 0.00 0.00 0.00 379.62

216038267 2011.07.18 12:07 buy 3.00 usdchf 0.81668 0.00000 0.81805 2011.07.18 12:15 0.81685 0.00 0.00 0.00 62.43

216041026 2011.07.18 12:15 sell 3.00 cadjpy 82.379 0.000 82.251 2011.07.18 16:16 82.251 0.00 0.00 0.00 485.40

216210106 2011.07.18 19:00 buy 3.00 eurchf 1.15017 0.00000 1.15150 2011.07.18 19:49 1.15150 0.00 0.00 0.00 487.72

216210951 2011.07.18 19:02 buy 3.00 eurcad 1.35124 0.00000 1.35250 2011.07.18 19:28 1.35147 0.00 0.00 0.00 71.79

216211190 2011.07.18 19:03 sell 3.00 nzdusd 0.84284 0.00000 0.84155 2011.07.18 19:06 0.84282 0.00 0.00 0.00 6.00

216219716 2011.07.18 19:33 buy 3.00 eurcad 1.35200 0.00000 1.35319 2011.07.18 21:39 1.35319 0.00 0.00 0.00 372.21

216471845 2011.07.19 10:06 sell 3.00 euraud 1.32706 0.00000 1.32575 2011.07.19 14:28 1.32575 0.00 0.00 0.00 419.61

216678471 2011.07.19 17:18 sell 3.00 eurcad 1.34860 0.00000 1.34410 2011.07.19 17:19 1.34847 0.00 0.00 0.00 40.98

216679271 2011.07.19 17:19 sell 3.00 eurchf 1.15861 0.00000 0.00000 2011.07.19 17:21 1.15864 0.00 0.00 0.00 -11.01

216681383 2011.07.19 17:23 sell 3.00 eurcad 1.34770 0.00000 1.34470 2011.07.19 17:26 1.34757 0.00 0.00 0.00 41.02

216681765 2011.07.19 17:24 sell 3.00 euraud 1.32427 0.00000 0.00000 2011.07.19 17:24 1.32415 0.00 0.00 0.00 38.52

216682628 2011.07.19 17:26 sell 3.00 audcad 1.01752 0.00000 1.01700 2011.07.19 17:50 1.01749 0.00 0.00 0.00 9.46

216683333 2011.07.19 17:28 sell 3.00 eurcad 1.34786 0.00000 0.00000 2011.07.19 17:30 1.34758 0.00 0.00 0.00 88.33

216684905 2011.07.19 17:31 sell 3.00 eurcad 1.34750 0.00000 1.34522 2011.07.19 17:50 1.34740 0.00 0.00 0.00 31.54

216693862 2011.07.19 17:50 sell 3.00 eurcad 1.34727 0.00000 0.00000 2011.07.19 17:51 1.34705 0.00 0.00 0.00 69.40

216694181 2011.07.19 17:51 sell 3.00 eurcad 1.34680 0.00000 0.00000 2011.07.19 17:54 1.34661 0.00 0.00 0.00 59.93

216695235 2011.07.19 17:54 sell 3.00 eurcad 1.34636 0.00000 1.34432 2011.07.19 18:53 1.34620 0.00 0.00 0.00 50.51

216718167 2011.07.19 18:52 sell 3.00 audcad 1.01893 0.00000 1.01396 2011.07.19 19:23 1.01879 0.00 0.00 0.00 44.17

216719592 2011.07.19 18:55 sell 3.00 gbpjpy 127.406 0.000 126.999 2011.07.19 18:56 127.395 0.00 0.00 0.00 41.80

216720145 2011.07.19 18:57 sell 3.00 gbpjpy 127.362 0.000 127.077 2011.07.19 19:00 127.346 0.00 0.00 0.00 60.80

216722641 2011.07.19 19:02 sell 3.00 eurcad 1.34604 0.00000 1.34321 2011.07.19 19:22 1.34534 0.00 0.00 0.00 220.85

0.00 0.00 0.00 3 371.68

Closed P/L: 3 371.68

Summary:

Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00

Closed Trade P/L: 3 371.68 Floating P/L: -383.49 Margin: 1 817.00

Balance: 6 371.68 Equity: 5 988.19 Free Margin: 4 171.19

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The author also has a not-very-active blog here:

http://forexkingkong.blogspot.c0m/

(change "0" to "o")

 

The last entry was in June 2011, and the one before that was back in Nov. 2010. His first entry started back in July 2009. I did not bother reading his entire blog, but it can give you an idea of changes in his trading style over the last few years.

 

He also has a youTube channel here:

http://www.youtube.c0m/user/kingkongforex

(remember to change "0" to "o")

 

I already viewed his youTube video for the 100% method, kind of a useless video, not informative or useful at all. Hope his trading method is better than his videos.

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Its more of a scalping system. if u look at his results u will notice that he is trading 3 standard lot every time and the TP is 300$ only 5 times (10 pips per lot) and most of the time the TP is under $100 (3 pips per lot).. that means not even 10 pips per lot.... so i don't understand how he is claiming such good results... these type of results can b easily obtained with a good system many of which have been already shared here at II... my 2 cents....Thanks
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Thought I was making a joke in my first post but he uses a 15pip take profit with a 1000pip mental SL. Uses a small amount of his account, saying in the long run you win. The Arrow indicator doesnt look like anything special, probably a moving average cross. Hope I helped some of you save a few dollars

http://i54.tinypic.com/29vxjwx.gif

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Thought I was making a joke in my first post but he uses a 15pip take profit with a 1000pip mental SL. Uses a small amount of his account, saying in the long run you win. The Arrow indicator doesnt look like anything special, probably a moving average cross. Hope I helped some of you save a few dollars

http://i54.tinypic.com/29vxjwx.gif

 

You know all of this for a fact? No offense or anything i know your only trying to help. But without the actually system, all we can do is *speculate*. I would rather test the actual system for myself, if you (griselback) or anyone else have it, then please do share. Thank You!

 

With all due respect :) No offense intended.

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Guys (in particular any newbie traders reading this),

 

Save yourselves a lot of wasted time, effort and cash by realising that ANY systems which have a risk/reward worse than 1:1 are destined for failure somewhere down the road. Ok - so you say something like "Well...I can run this for 2-3 months, make a fortune and then I'll pull the plug...". It doesn't work like that purely because of our greed lol.

 

If you run a system and see it makes you 200% returns in month are you suddenly going to stop trading it because it may have entered a bad trade? How do you know it's just entered a bad trade anyway? Some systems will signal trades which make no sense at all, however they can end up being winners. If you trade a "system" as such and blindy follow the rules, then you must follow them all the time or for sure you're going to miss some of the best opps. by manually intervening. The unfortunate reality is that you'll let a system like this "do it's stuff" and before you know it you're 1,000 pips down with only a handful of 15 pip winners to make that up :)

 

There is no easy route to becoming a consistently succesful trader. If this system is what grisleback says then if you have just one losing trade, you need 70 winning trades to just cover that loss never mind make any money! What if you have 2 losing trades in a row lol?

 

EA developers and savvy traders know only too well that it's easy to create an impressive looking EA or manual trading system where you have huge stops and tiny targets and hence they're used to create impressive marketing masterpieces which prey on the uninformed or greedy ;)

 

BTW - You can't get a better example of this than the "100% No Lose Robot" marketed some time ago. Backtested over 10 years with 100% accuracy :)

 

Folks rushed to buy this junk and put it straight onto their live accounts. Many were so gullible that they didn't even check the backtested trades, Had they done so they'd have realised that there were strange gaps where the EA did nothing for months on end - just endured huge drawdowns - and how many traders would keep a system going after seeing that?

 

The result was as I recall that the very first trade the EA made in live market conditions, it turned out to be a loser lol, and with those 1,000 or 2,000 pip crazy stops or whatever, there were a lot of unhappy punters left crying over the state of their accounts...

Edited by soundfx
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