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...

Finished early with a nice profit after announcement...so here we go...

Please note I never take a new position between 9.28 and 10.05

SLD 111350...BUY 111150 x1...reverse 111550x2

Reverse 111550..sell 111750 x2...reverse 111350x3 if necessary

dont particularly like this current trade, but havee to takeit..

Here wec go again...S 111350...Buy 11150 x3...reverse 111550 x4

Done...3x1.75-2x2...net loss

Next trade x2

l 109850...sell 110050.x2..reverse 109650x3

DONE 2x 1.75...that does it for today...

As can be seen this trading system can also be counter traded...and be profitable

Have a good weekend

Yesterday was agood day..did not trade this system as helping out a friend.

Today...not a good so far...took early loss..so will start early here.

Upping the ante this week as I do each week then revert back to "base" at he beginning of the month.

If I have a losing week I stay at the same level.

BGT 1096..x2..SELLING @ 1098...reverse 1094 x3

Reversed 1094 BUYING 1092 x3...reverse 1096 x4....hope it is not going to be one of "those" days

That vwas quick...DONE 1092...1.75 x3 -2.2...skinny profit

Next trade x2

BGT 109550...SELLING 109750..x2....reverse 109350

Reversed 109350...x3 BUY 109150...Reverse 109550 x4

DONE ...BGT 109150...3x 175- 2x2...skinny profits again...Chinese proverb ' small fish are sweet'..

Done for the day although tempting to get at least one hit...will wait for tomorrow...

Anybody that traded first reversal last week and this week would be giggling all the waty to the bank...

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