yamantaka Posted September 1, 2014 Report Share Posted September 1, 2014 This is from the performance page. It seems very straight forward and irrefutable. But perhaps I'm missing something here (won't be the first time.) From 8/15 to 8/22, they made 7 trades x 3 contracts = 21 contracts. Net profit before commission is 130 ticks ($1625). $1625 divided by 21 contracts = $77.38/contract. Keep in mind they made 54 ticks on 8/15 when the market had a major downleg so this is a bit of an outlier. I've never been an advocate of scaling out because the numbers rarely make more sense than all in, all out. But traders get a huge thrill with capturing a "runner." In the case of these folks, taking all 3 contracts out at 6 ticks almost equals their scale out method with a lot less stress in terms of managing a trade. Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted September 1, 2014 Author Report Share Posted September 1, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted September 1, 2014 Author Report Share Posted September 1, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty Quote Link to comment Share on other sites More sharing options...
Traderbeauty Posted September 1, 2014 Report Share Posted September 1, 2014 SA- Its true that normally if you got to your first target and you move your stop to b.e its a free trade....... BUT- you forget that till then you are risking full stop on 3 contracts. You have to consider how many times you are going to lose with 3 lots compared to how many times you win and let your 2nd and 3rd run. The ratio does not make sense. If you are sure at your entry then go in with 1 or 3 or 10 lots and get out where you believe the target is ALL OF THEM. Scaling out is a deception and might hurt you in the long run. On the other hand ... lol I have to confess- i do that all the time- many times i scale in when the picture is crystal clear ( for example- we have h-h and h-l and i just got long at a retracement )- I expect at least 1.272 extension but will scale out at the 78 and then the 1.2 , 1.6 and everything thats left at the 1.9 so YES i do the same many times but only when the entry generates a precise exit. just my 2 cents jane Quote Link to comment Share on other sites More sharing options...
polas Posted September 1, 2014 Report Share Posted September 1, 2014 (edited) SA ,i still would like to ask you how did you find this room?They have website registered on 22nd of august and you are with them from day one, it seems. Edited October 27, 2014 by Traderbeauty Quote Link to comment Share on other sites More sharing options...
admis Posted September 1, 2014 Report Share Posted September 1, 2014 (edited) Can i ask you how did you find this live trade room?Their website is registered on 22nd of august and you are with them from day one, it seems. Why do you care about it? Even if your suspicions are true, then what it can change? You could read Jane's a rational and wise conclusion in the post #17: ... in trading anything that can help us make a decision is valuable and its always good to know others views of the market in real time. ... Edited September 1, 2014 by admis Quote Link to comment Share on other sites More sharing options...
polas Posted September 1, 2014 Report Share Posted September 1, 2014 What suspicions?No need for interpretations of what was asked. Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted September 1, 2014 Author Report Share Posted September 1, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty Traderbeauty and polas 2 Quote Link to comment Share on other sites More sharing options...
polas Posted September 1, 2014 Report Share Posted September 1, 2014 (edited) SA,thanks for the answer and for not making a problem out of this question.Do you know the guys who run the room?Do they trade live or SIM in the room?Are those trades/fills available to follow for live trading members?Do you find results report on their website a true representation of what has happened in the room? Edited October 27, 2014 by Traderbeauty Spectral_Analyst and Traderbeauty 2 Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted September 1, 2014 Author Report Share Posted September 1, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty polas, yamantaka and Traderbeauty 3 Quote Link to comment Share on other sites More sharing options...
polas Posted September 3, 2014 Report Share Posted September 3, 2014 (edited) From what i understand there is no voice in the room and they use Skype screen sharing as room platform,right? Edited October 27, 2014 by Traderbeauty Quote Link to comment Share on other sites More sharing options...
yamantaka Posted September 3, 2014 Report Share Posted September 3, 2014 From what i understand there is no voice in the room and they use Skype screen sharing as room platform,right? Seriously, no voice? Hey what do you want for a measly $500/month?:)) ⭐ laser1000it 1 Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted September 4, 2014 Author Report Share Posted September 4, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty admis 1 Quote Link to comment Share on other sites More sharing options...
admis Posted September 4, 2014 Report Share Posted September 4, 2014 (edited) This phenomenon is known as an inattentional blindness (aka inattention blindness): http://www.skepdic.com/inattentionalblindness.html Edited October 27, 2014 by Traderbeauty Spectral_Analyst 1 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted September 4, 2014 Report Share Posted September 4, 2014 (edited) SA, you mentioned before that trades were called in advance and now you confirm there was no voice. Sounds like a contradiction. It's much easier and faster for a human being to use voice then type on a note pad. I know I posted this before, but I think it's worth doing again. IMO, any room that does the following is a waste of my time: A. Refuse to show their DOM. B. Don't call trades in advance. C. Take trades you don't understand. D. Take risks you can't afford. E. Won't provide accurate and legitimate performance history. Edited October 27, 2014 by Traderbeauty Quote Link to comment Share on other sites More sharing options...
dennyyusuf Posted September 4, 2014 Report Share Posted September 4, 2014 Hi all, I was at the room yesterday, and yes It was no voice there,the circumstance is much like the videos posted in the youtube,but I think it is still good because we can learn from them because mostly their tools are wht we already have through our great educator. If someone interested, is there any chance for us to record the room, so tht we can have our backup videos? Thanks in advance. Regards, Wanderer, Traderbeauty and admis 3 Quote Link to comment Share on other sites More sharing options...
xioxxio Posted September 5, 2014 Report Share Posted September 5, 2014 Hi all, I was at the room yesterday, and yes It was no voice there,the circumstance is much like the videos posted in the youtube,but I think it is still good because we can learn from them because mostly their tools are wht we already have through our great educator. If someone interested, is there any chance for us to record the room, so tht we can have our backup videos? Thanks in advance. Regards, How did they go? Quote Link to comment Share on other sites More sharing options...
admis Posted September 5, 2014 Report Share Posted September 5, 2014 If someone interested, is there any chance for us to record the room, so tht we can have our backup videos? Thanks in advance. Regards, You could try to use one of these following and free tools to record online video or anything else playing on your screen. http://www.hongkiat.com/blog/win-screen-recording-softwares/ or http://srecorder.com/ or http://www.apowersoft.com/free-online-screen-recorder Wanderer, Nukem, Ganymed and 2 others 5 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted September 5, 2014 Report Share Posted September 5, 2014 Hi all, I was at the room yesterday, and yes It was no voice there,the circumstance is much like the videos posted in the youtube,but I think it is still good because we can learn from them because mostly their tools are wht we already have through our great educator. If someone interested, is there any chance for us to record the room, so tht we can have our backup videos? Thanks in advance. Regards, How are you going to record the room if you're not a member? And even if you did mange to record it a few times, you still won't know all the thought processes of taking a trade because he's not teaching in the room. Wanderer 1 Quote Link to comment Share on other sites More sharing options...
⭐ laser1000it Posted September 5, 2014 Report Share Posted September 5, 2014 As recorder online video I use Camtasia by TechSmith..... .... TechSmith Camtasia Studio 8.4.3 Build 1792 | 255 MB https://w+++ww.nitroflare.com/view/8209D7BFF61399E/castu843tsz.rar/free Wanderer and dennyyusuf 2 Quote Link to comment Share on other sites More sharing options...
dennyyusuf Posted September 6, 2014 Report Share Posted September 6, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty admis, Wanderer and windo 3 Quote Link to comment Share on other sites More sharing options...
dennyyusuf Posted September 6, 2014 Report Share Posted September 6, 2014 (edited) How did they go? I was not fully engaged there, I cut off at the middle of the session because of my other activity. As I noticed, the owner will not use the skype again the reason behind this is because some technical reasons tht occur during the session of the room. But u can always look up their daily result by visiting their website. regards, Edited September 6, 2014 by dennyyusuf spelling Wanderer 1 Quote Link to comment Share on other sites More sharing options...
Traderbeauty Posted October 16, 2014 Report Share Posted October 16, 2014 Total waste of time, this guys does not know how to trade, most of his trades are breakouts that work wonderfully if the move is extended but unfortunately not every move is like that . He was lost almost all the time looking for poor excuses or just shutting down the room and ignoring everyone. Once he realized that the people in the room are conversing and complaining he disabled that feature. No matter what you do or where you go- DO NOT FOLLOW THIS ROOM even for free. Hope that helps Traderbeauty-Jane yamantaka, diabouncer, Wanderer and 8 others 11 Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted October 17, 2014 Author Report Share Posted October 17, 2014 (edited) Solicitation not allowed in the forum Edited October 27, 2014 by Traderbeauty yamantaka, windo and Wanderer 3 Quote Link to comment Share on other sites More sharing options...
newbie0101 Posted October 18, 2014 Report Share Posted October 18, 2014 (edited) Not a defense for anyone just an observation-- U do realize that by using market replay U can have Ur statistics reflect whatever U want... Edited October 27, 2014 by Traderbeauty yamantaka, admis, Swordfih and 2 others 5 Quote Link to comment Share on other sites More sharing options...
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