Intensive Review Duellatorus review by Eric Alyea

[Eric Alyea]

Counter Pivot Point Trading (CPPT)

Counter Pivot Point Trading (CPPT)

I have not written about this for property reasons.
This is going to be the 1st proof. It takes time, diligence, and follow through. It does have it’s interpretive path. I phrase it as “Draw the line, and then go conservative for the Win”.

I will have a conference with Josh and Corbin this week to find out if I am F**k*ng up or not.

Eric,

How do you decide to go live?

Do you have qualifications or any written criteria?

The “Zen Trading” is probably what you are asking about. How would I pick to go live. All I can say on that is it is “interpretive” and the "Zen" practice of “Riding the Wave” like you were a surfer, working the curl or just the pulse of the push. You know the wave. I am sorry I can’t describe it better than that.
A patrol to kill, a ride on a wave, I can go on and on, different but the same..I have no explination after that.
"Use your Mind/Brain!"
That is the reason for the “Demo” practice... to “KNOW” when you are working the top, or bottom of the wave... that is when I switch to "LIVE"... NUFF SAID.

P.S. yes I do, written criteria, put them On at X-Mas and then deleted. Sent you a PM. you must ask from there.

 

[Eric Alyea]

my experiment, cleared

I was asleep. For some reason my experiment:
https://www.forexpeacearmy.com/fore...ellatorus-review-eric-alyea-10.html#post53994
cleared and the account went from $69,163.43 to $116,457.43:err:


$116,457.43
$ 69,163.43
$ 47,294.00
Your right I need to quit shooting blanks. I had to wait a week for that, but that is a years income for a lot of people. I love it when all trades are clear and I can pick which way to go again.

 

[Eric Alyea]

That is why we “PRACTICE”

You have to KNOW what you are looking 1st!!! so I guess it doesn’t matter if you have the list or not.???
I will leave it up for two days.
Had some problems with the PM’s, but those that know can contact me.

PS this is the 100th post here. Yesterday, my banker ran 150 yards to give me back my wallet. I was distracted with a puppy’s in my pocket that sold for $300 and $400 in shipping charges, and other dogs in the car . He get’s a gift basket...
In life you need an:
Insurance agent
Accountant
Banker
and a few customers after that...
Even though it was “DEMO” $$47,294.00 made me smile... That is why we “PRACTICE”
I had a good day.
I hope the same for you


well darn it won't let me upload it. it is in "WordPerfect10"

 

[jcris522]

Go Live Now

Hey Eric,
Let me try and phrase this in your terminology.
Do you think that if you use live ammo, you will get the same results?
At this stage, you are using blanks and shooting at people. If you use live ammo, could you still pull the trigger at the same time knowing that they might shoot back at you if you miss?

Hey everyone I just wanted to put in my 2 cents to some of the comments on here. In regards to the above by Johnny2pips I may be able to shed a bit more light on Eric's response. It depends on what type of person you are. For risk takers like me, I was ready yesterday- if it looks fun, exciting or profitable I am all in, all the time and will put everything I have into it until I'm bored, broke or an ubber billionaire. People like Eric are also, clearly, risk takers, but take the time to learn and even perfect their abilities and skills before they take significant risks. For those who have been attempting to trade the forex for some time it is going to be difficult even if they have proven to themselves in demos that they can do it because when it comes time to go live, all those negative psychological and emotional experiences from trading in the past come right back. If you allow these to take hold, you will make the same mistakes and lose everything again and again. Trading the forex market is not brain science, I know seven year old kids that can zen trade better than me and I have taught other kids that catch on and out trade me within a day. What's the difference? Kids tend to follow instruction easier on things which they have no clue about. I tell them, "when this does this, you do this and when this does this, you do that." I tell adults the same thing and they want to know why and why you can't do that when this and this when that happens. Not only that, but a month later they will be doing something not even close to what I told them, losing money and whining, I'm not even joking.

So a short answer to knowing when you are ready to go live is . . . . if you don't know, you're not ready.

Try and wrap your you head around that one.

 

[Johnny2pips]

Sorry about those emails from my yahoo account. I did not execute them. Eric, Josh and Corbin got spam from "Me, Marco" I did a deep virus scan and a Spyware scan and found nothing.
Please don't click on the link as I did. You will get BIG problem. Eric got an email from me and I did not even know his email address. I only contacted him on FPA via PM and they still managed to get his email.
I had to do a "Restore" big time to get back online.

 

[Johnny2pips]

Well, after that episode, I must add that Josh and Co. has made me a good 10% with all trades in profit. They managed to close GBP/CHF in profit at last.
As a novice, this CT trade looked good but just went flat for a month.
They have made too many trades for me to count and all are in profit.
Watch them go now.
I must give them 5 stars in the "Managed Accounts"

 

[Eric Alyea]

I love doing this

I love this,
Wed 1-19-11
EURUSD
$122,393.68
$118,716.68
$ 3,677.00





PS, Can anyone figure out why I drew my "take profit" (TP) line where it is/was?

 

[Johnny2pips]

Dunno, all I can see that it HAS to go down. As to TP, I don't know. I will probably take 50 pips lower than my entry.
If it goes up, I will short again. Then wait. Might take a while. But my TP will be at the same as the previous trade. If it goes up more, I will take another short as this looks like a sure short trade and my TP will be the same.
If it goes up again, I will repeat the above.
What goes up must come down.
I must add that I will look at the bigger pic like in a monthly chart for the trend.

 

[Johnny2pips]

Sorry Eric, I don't want to hijack your thread but I must add this.
I am a rookie with forex and can't do my own trades. I have 2 FX accounts. One at Duellatorus "Managed" and one bigger account at AvaFx that I do myself and is funded.
I copy J and C's trades into my AvaFx account when I see a good trade. Done well so far. They don't loose any trades they place.
I think they do CT and it normally goes against them for a while and this is when I get in. This way I get the "hindsight" thing and get in at a better price and put my TP at their entry. Made big bucks.
Missed their latest GBP/JPY trade. Was at work and only had my I phone to see their profit but could not copy their trade and when I got home to my laptop it was too late. Was in profit.

 

[Eric Alyea]

10*10*5 vs 50

Dunno, all I can see that it HAS to go down. As to TP, I don't know. I will probably take 50 pips lower than my entry.
If it goes up, I will short again. Then wait. Might take a while. But my TP will be at the same as the previous trade. If it goes up more, I will take another short as this looks like a sure short trade and my TP will be the same.
If it goes up again, I will repeat the above.
What goes up must come down.
I must add that I will look at the bigger pic like in a monthly chart for the trend.

I liked this reply. He said he wants to "take 50 pips lower than my entry".
.
I think this the crucial point that the “Zen Trading” is supposed to ingrain in your thinking and response to the market flow...
It is “NOT” about the number of pips, it is about entering & exiting a trade with a profit. Pick a wining line, then go conservative for the “WIN”
It doesn’t matter how many pips “YOU want”. {I think this is why most people lose.} It matters about clearing a profit. Posting a trade, and making “1 PIP” minimum. That is what you need to learn. Make a pip and not lose, “EVER”.
Every body wants the “BIG SCORE”. Then always regretting not closing when it was a profit.
Enter and Close, Never second guess a good win.
I am going to go on a limb with an analogy and say there is no such thing in the military anymore as a large scale engagement. Everything is small guerilla engagements.

How many times do you get to get a "one trade" 50 pip profit per week?
How about me getting 10 pips, ten times per day, every day. What is the difference, do the math.
Let’s see.. I started early in the morning today, did sells & buys. Finished trades by 10:00am and went to look at a 1978 pickup. Got it for $300. It made the 45 mi. trip at 65 mph. with a broken exhaust.
Closing totals for the day.
Wed. 1-19-11
$124,919.68
$118,716.68
$ 6,203.00 (1 day)

All tap dancer’s copy/steal the steps they learn, as long as you learn, that is what is important. More power to ya Marco.

I hope Josh chimes in about this?