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...

DONE...3 x175...net profit, finally

Next trade x1

SLD 1133.25...x1...BUY 1131.25...reverse 1135.25..x2

reversed 113525...SELL 113725...x2..reverse 113325...x3

Reversed again...113325..x3..BUY 113125...reverse if necessary 1135.25...x4

DONE...4 x1.75- 6 x2=loss

next trade x3

early start..nice hit off the payroll #...

BGT 113400..x3...SELL 1136...reverse 113200...x4

reversed 113200...BUY 113000...x4...missed by a tick again...reverse 113400..x5

reversed again 113400...SELL 113600...5

DONE...5 x175-- 7x2= loss...effectively 9 x175- 13 x2= loss

next trade x4

SLD 113650...BUY 113450...x4...reverse 113850..x5

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