Educators' Nemisis

FREE!!!What you say...FREE!!!

A system where we can have fun and learn.

Purpose: To prove that an interested trader should NEVER pay a charlatan/educator to learn how to trade without published proof of real time brokerage trades showing they are profitable over a given period . (Not 1 day either)

This thread is intended to help those sitting on the fence to get off the fence and trade with a little bit of help and those that are trading hone in on their disciplines.

Of course, if you know everything about trading this thread will be of no benefit to you.

The system will NOT be given to you...you will have to research while at the same time I will provide real time trades/calls.

Before, I go any further ...I am not computer savvy ;so if I mess up I apologise and maybe somebody can assist me.

The system; Less than 100 words
Money management: Less than 50 words. It will become obvious as you follow the trades where you will see "X1, X2" and so on.

Profit goal: This exercise - 2 profitable trades
Profit/ Stops-Reverse trades: 1.75 -2.0 -/+ commissions

Current statistics: Free wheeling 53% profitable has not varied more than 4%.
Maximum successive profitable trades 7
Maximum successive losing trades 4

I will not post entries until my other model has finished for the day...average time around 3.5 hours from 7 am EST. If it a loss...a lot earlier

This is a genuine attempt to assist traders and others with absolutely NO ulterior motive...more about me later..

So here goes...

reversed 111550...SELL 1118...x3

DONE..3 x225 -3 x125= net profit

Done for the day...start as base x3 tommorrow

OPened 110650

BGT 110775...SELL 111025 x3

reverse 110650

DONE...3 x225

Next trade 9.30 ..x2

Opwened 110775..SLd 110650 x2...reversd

BGT 110775..x3

DONE 3 x 225- 2 x125= net profit

Next trade 10.30..x2

Opened 110675...BGT 110800 x2..SELL 111050

reverse 110675

That was quick...reverse 110675...BUY 110425 x3

reverse 110800

I have absolutely screwed up...I couldn't tell the time and now I am in a jam...had I done it properly I would have been done...

What a bloody mess....

This is how it went 2x 1108,3 x110675, 4 x110800, 5x 110675, 6x 1108, 7x 110675

and finally 8 x110800...DONE 8 x225 - 27 x125= net loss

Next trade 1.30 x7

Opened 110500

SLD 110375...BUY 110125 x7

reverse 110500

Didn't realize I had nort sent post

DONE 7 x 225 + 8 x225-27 x125 =net loss

Am going to eat it as was a mistake...

Done for the day..next trade will base x3

i have eceeded my limit...I am done for awhile...looks like a looong year