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I want a losing system

  • #41
  • Jan 31, 2009 3:20pm Jan 31, 2009 3:20pm
Easy solution to this problem =D
Attached File(s)
File Type: mq4 Losing EA.mq4   11 KB | 673 downloads
  • #42
  • Jan 31, 2009 3:20pm Jan 31, 2009 3:20pm
Quoting Jhig
While a 50/50 coin toss is a terrible trading solution, it wouldn't be hard to make serious profits off it ... with proper money management, pending orders, & stoploss, a trader could put some serious money in his/her pockets. It all boils down to 50/50. Fifty percent change of winning and a fifty percent chance of losing. That's all trading is.

Losing is as easy as ... using the Martingale system. or dropping 50k at Vegas, Reno, or Atlantic City.
Lol have you even bothered to read my post?
Saying that with a 50 SL and 50 TP the chances are 1:1 that you win or lose is BULLSHIT. The trend determins the probability not the amout of possible outcomes.
  • #43
  • Jan 31, 2009 3:28pm Jan 31, 2009 3:28pm
Quoting billbss
A coin toss will lose the amount of the spread, per trade, over an extended trial.
It does not matter how you attempt to money manage it.

You cannot money manage a loser into a winner.

To think that it is possible, probably wastes more time and money than any other aspect of beginner trading.
Not straight money management I agree.

Trade management is more important.
  • #44
  • Jan 31, 2009 4:14pm Jan 31, 2009 4:14pm
Quoting Ronald Raygun
Not straight money management I agree.

Trade management is more important.
It depends on what you mean by trade management.

If you have a method of staying with a winning trade and bailing out of a losing trade- I agree.
But I've never seen a method that worked.
It may be possible, but in 30 years of trading, I've never seen it. They all give back the profits when the market changes. Again, it may be possible.

I've seen two successful systems, in my life, both depend on exploiting a common psychological trait of traders. In other words, both were successful because of the entrance.

They both work on stocks and futures, but not forex.
They are morning gap methods and forex doesn't have any.
  • #45
  • Jan 31, 2009 4:49pm Jan 31, 2009 4:49pm
Does it really work? Find a bad system and do the opposite of what it tells you? Not that I want to do that myself.
  • #46
  • Jan 31, 2009 5:50pm Jan 31, 2009 5:50pm
Quoting billbss
It depends on what you mean by trade management.

If you have a method of staying with a winning trade and bailing out of a losing trade- I agree.
But I've never seen a method that worked.
It may be possible, but in 30 years of trading, I've never seen it. They all give back the profits when the market changes. Again, it may be possible.

I've seen two successful systems, in my life, both depend on exploiting a common psychological trait of traders. In other words, both were successful because of the entrance.

They both work on stocks and futures,...
I have yet to find any mechanical exit strategy that works. I've only been able to achieve that through experience and market intuition. It's like that coin toss. Every weekend, I practice using simulated data, and I use a coin toss as my entry, and my intuition and a horde of methods as my exit. And you know what? I can double my account in 20-30 flips on average. It's been a long time since I blew up an account with my training method.


Forex has weekend gaps, still useful to trade if you believe in the theory that all gaps close quickly.
  • #47
  • Jan 31, 2009 5:51pm Jan 31, 2009 5:51pm
Quoting misterboy
Does it really work? Find a bad system and do the opposite of what it tells you? Not that I want to do that myself.
Yes and no.

The only time doing the opposite of something works is if you lose > 70% of the time with 1:1 risk:reward ratio. If you tried to do the opposite of that EA I posted, you would still lose money.
  • #48
  • Jan 31, 2009 8:17pm Jan 31, 2009 8:17pm
Jeezus, would some of you guys puh-leeze lighten up already! Take away the boring tech posts and this is the lightest and funniest thread in the place!
" Average traders look to the left, great traders look to the right."
  • #49
  • Jan 31, 2009 8:55pm Jan 31, 2009 8:55pm
Quoting Ronald Raygun
Yes and no.

The only time doing the opposite of something works is if you lose > 70% of the time with 1:1 risk:reward ratio. If you tried to do the opposite of that EA I posted, you would still lose money.
I have a Ea from the has system that would wait for the criteria to be right .Criteria would be a trend up or down , then it would wait for the currency to

counter trend and jump in . Well almost everytime it would go neg first then resume the trend and usually win trades untill the ero went to the moon .Im putting it on mult currencies and take those neg trades ,do the opposite of what the Ea does for mult small prfits . Ill let you know how it goes in a demo . I cant release his EA THOUGH , i PAID 200.00 and probably get sued if i do so maybe we can duplicate something we can use in this order .Ill let you know after a few days what going on ........................T
  • #50
  • Jan 31, 2009 9:12pm Jan 31, 2009 9:12pm
Hey.. the ONLY thing we got for sure when you push the button is you have to pay the spread.... So, as somebody has already mentioned, pick up some exotic fancy pair with a huge spread and keep pushing the button.... entry/close... entry/close.... entry/close... depending on your lot size, it can be faster.... But it's a great way to sink the boat!

http://farm3.static.flickr.com/2053/...10c662da_o.gif

Cheers

HT
Many share my views with me. But I don't share them with them...
  • #51
  • Jan 31, 2009 9:14pm Jan 31, 2009 9:14pm
What? You can't find a losing system on this forum? That's like not being able to find a Italian in Rome.
  • #52
  • Jan 31, 2009 9:16pm Jan 31, 2009 9:16pm
Quoting clockwork71
What? You can't find a losing system on this forum? That's like not being able to find a Italian in Rome.
Yeah but when I ask them where they're from; they all speak a foriegn language.
  • #53
  • Feb 1, 2009 3:41pm Feb 1, 2009 3:41pm
[quote=Bemac;2506946]Yeah but when I ask them where they're from; they all speak a foriegn language.

Bemac: your answer is very funny, i wonder too where they all gone from their beautiful city
Still learning the Paradox
  • #54
  • Feb 7, 2016 9:58pm Feb 7, 2016 9:58pm
Quoting Duncan
Does anyone have a copper bottomed losing system? I am looking for a system that can guarantee losses 75% time. I have heard claims that Newbies lose their accounts within months. I want to know how to do this every time.
Just go against the trend all the time , and you easily could buy one of these misleading ''100% accurate trading systems this is a much easier way to lose 75% time
  • #55
  • Feb 8, 2016 12:32am Feb 8, 2016 12:32am
Apply every time new method to trade and deviate the rules...
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -617
  • #56
  • Feb 8, 2016 11:16am Feb 8, 2016 11:16am
I see so many threads on this forum that try to make it look like losing is an easy game. I feel sorry for the poor newbies that come in here thinking, Hey, all I have to do is install this whiz-bang indicator and I can start losing money right away. NO! Consistent losing is hard work, it's blood, sweat and tears!

It's going to take a lot of effort, diligent study and you are going to have to start treating this like a business. And lets face it, screen time. Yes, thousands of hours of screen time. At some point it will just start to click and you will find yourself making consistent losses. At that point losing becomes easy, almost boring. You will be able to control your wins and let the losing trades spiral out of control with ease. Its like losing in the zone. You will just sit down and look at a chart and see a pattern and youll say, Well if I get in short here, at what is obviously a final top, I should get my ass handed to me straight off. And then it happens. Rinse and repeat. You will even get the occasional catastrophic loss, well thats just gravy.

Then all those doubters and naysayers, the ones who said, Hes never going to lose anything, all he's going to do is win a lot of money. When they see you, riding your bicycle in the rain or the holes in your shoes, well, that'll shut them right the hell up! Some will even want to know if you can teach them to do it, at which point you can reply, with venomous satisfaction, Blood, sweat and tears my friend, blood, sweat and tears.
  • #57
  • Feb 8, 2016 12:12pm Feb 8, 2016 12:12pm
Quoting Ronald Raygun
Easy solution to this problem =D {file}
77 downloads lol
Live and Keep Calm
  • #58
  • Feb 8, 2016 12:29pm Feb 8, 2016 12:29pm
Quoting Ronald Raygun
Easy solution to this problem =D {file}

Ronald, that ea doesn't loose money that fast... I lost patience before

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB
Live and Keep Calm
  • #59
  • Feb 8, 2016 4:50pm Feb 8, 2016 4:50pm
Quoting Duncan
Does anyone have a copper bottomed losing system? I am looking for a system that can guarantee losses 75% time. I have heard claims that Newbies lose their accounts within months. I want to know how to do this every time.
Reality is different. To turn any DD into a profit is very challenging. For example, it took me two years to understand that after the stop strategy I have created, I now need a limit one to go hand by hand with it. That reduced the DD by 60%. Then, the more it ranges, the bigger the profit gets and at certain moment there is no DD at all. Still, it is damn hard to distribute the limit trades properly, along with the stop ones, in such a way, they do not screw up the stop strategy, making both strategies to generate profits into the same end point.

That is absolutely possible to achieve... How? By analyzing the moments of DD one had experienced. Reversing the trades not always works as expected, cause, in most of the times, the expenses, not the strategy itself, are the major money loser...
Maadik Hugiis. IQ 69.
  • #60
  • Jan 2, 2018 12:08pm Jan 2, 2018 12:08pm
Quoting Duncan
Does anyone have a copper bottomed losing system? I am looking for a system that can guarantee losses 75% time. I have heard claims that Newbies lose their accounts within months. I want to know how to do this every time.
I got your intention! But, the problem is maximum systems have balanced result between the winning and losing percentage!
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