Would You Take Forex Trading Advice From Walter Peters?

Here is a Forex Trader’s record (Walter Peters) from (NakedForexNow.com).

I have a one serious question:

“After looking his trading record (displayed below) would you as a Forex Trader take advice or even follow his trades?”  Look at the vast amounts of losing trades and compare that to the number of winners and how many pips were achieved (which are very small).  Also note the number of trades that didn’t even trigger, which leads someone to even question his analysis in the first place.

At any rate would you follow or even consider taking advice from such a trader?

Here’s a video of Walter Peters trading record that he posted on his forum (which I am a paying member of and have been since June 2016 and I must say I have consistently out performed and out traded Walter Peter’s and any member of his Daily Trader Team).  Incidentally the NakedForexNow.com forum now cost you $79 per month to be a member of should you wish to decide to take Forex Trading advice from Walter Peters and his Daily Traders:

 

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RECENT TRADES
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GBP/CAD – Daily Bearish Trend Continuation/Bearish BS
Sold at: 1.8796
Stop: 1.9086 (-1.0R)
T1: 1.8576
T2: 1.8236
T3: 1.7870

WTI (Oil) – Daily Bearish Bend Trade
Selling at: 36.05 – never triggered, went to high!!
Stop: 38.37
Target 1: 33.67
Target 2: 31.30
Target 3: 29.30

GBP/CHF Bearish Whack-A-Mole
Selling at: 1.3876 – *NEVER TRIGGERED*
Stop: 1.4015
Target 1: 1.3760
Target 2: 1.3680
Target 3: 1.3610

EUR/USD Bullish Last Kiss Trade
Buying at: 1.1053- *NEVER TRIGGERED*
Stop: 1.0880 (or when a Daily candle closes below 1.0970)
T1: 1.1200
T2: 1.1300
T3: 1.1430

GBP/CHF 4hr (Sword Trade)
Bought at: 1.4215
Stop: 1.4035 (-1.0 R)
Target 1: 1.4350
Target 2: 1.4450
Target 3: 1.4600

WTI (Oil) Bearish big shadow
Selling at: 28.62 – never triggered
Stop: 31.50
Target 1: 26.10
Target 2: 24.00
Target 3: 23.00

USD/CHF – Daily Bearish Acapulco
Sold at 0.9688
Stop: 0.9873 (-1.0 R)
T1: 0.9590 – waiting
T2: 0.9490
T3: 0.9310

NZD/CAD bearish Acapulco on Daily
Selling at: 0.9130 – triggered
Stop at: 0.9435 – moved to 0.9125 (+5 pips), **hit +5 stop
Target 1: 0.9020 – came VERY close, moving stop now
Target 2: 0.8860
Target 3: 0.8760

**CANCELLED**
GBP/USD bearish Bend on Daily
Selling at: 1.4218 – went too high, never triggered
Stop at: 1.4365
Target 1: 1.4100
Target 2: 1.4030
Target 3: 1.3800

**CANCELLED**
AUD/USD bearish Pseudo-KT on Daily
Selling at: 0.6985 – CANCELLED – went too high during Asia today
Stop at: 0.7080
Target 1: 0.6835
Target 2: 0.6620
Target 3: 0.6500

USD/CAD bullish bend trade on Daily
Bought at: 1.4322 – triggered
Stop at: 1.4110 – stopped out (-1.0R)
Target 1: 1.4550
Target 2: 1.4900
Target 3: 1.5100

WTI (Oil) bearish big shadow on Daily
Sold at: 29.25 – triggered
Stop at: 32.70 – dumping trade now at 31.97 for (-0.79R)
Target 1: 27.00
Target 2: 25.00
Target 3: 23.00

AUD/USD bearish bend on Daily
Selling at: 0.6910 – no trade, cancelled order
Stop at: 0.7045
Target 1: 0.6835
Target 2: 0.6620
Target 3: 0.6500

WTI (Oil)
Sold at: 36.55 – Dec 11, 2015
Stop at: 36.40 (was 40.40)
Target 1: 32.00 – hit for 4.55 (+1.18R)
Target 2: 30.00 – hit for 6.55 (+2.7R)
Target 3: 28.00 – hit for 8.55 (+4.7R)

GBP/CHF Weekly bearish bend trade
Sold at: 1.4958
Stop: 1.5545 – moved to 1.4900
T1: 1.4395 – hit for (+0.95R)
T2: 1.4140 – hit for (+1.39R)

GBP/NZD Bearish Big Shadow/First Touch Trade
Sold at: 2.2010
Stop at: 2.2470 – pulled out at 2.2210 for (-0.43R)
Target 1: 2.1765
Target 2: 2.1560
Target 3: 2.0870

GBP/JPY Weekly bearish KT – Trade Complete
Sold at: 185.55 – Nov 24, 2015
Stop: 188.80 – moving to 185.00 (+55 pips)
T1: 182.15 – hit for +340 pips (+1.04R)
T2: 180.55 – hit for +500 pips (+1.54R)
T3: 178.80 – hit for +675 pips (+2.07R)

EUR/USD weekly bearish KT
Sold at: 1.1110
Stop: 1.1700 – moved to 1.1050
T1: 1.0675 – hit for +435 pips (+0.73R)
T2: 1.0500 – hit “b/e” stop for +60 pips

GBP/NZD Weekly bearish KT
Sold at: 2.3078 – Nov 24, 2015
Stop: 2.3648 – moved to 2.3000 (hit for +78) Dec 10, 2015
T1: 2.2555 – hit for +523 pips (+0.92 R)
T2: 2.2200 – waiting

GBP/CAD weekly bearish drop trade
Sold at: 2.0161 – Sept 30, 2015
Stop: 2.0500 (-1.0R) Dec 10, 2015
T1: 1.9600
T2: 1.9300

EUR/CAD weekly bearish KT
Sold at: 1.4685
Stop: hit at 1.4650 for +35 pips
T1: 1.3930
T2: 1.3450

EUR/USD Daily bearish Acapulco
Sold at: 1.0700
Stop: 1.0690 – hit for +10 pips
T1: 1.0560 – hit for (0.72R)
T2: 1.0480

S&P500 Daily Bullish Belt/Big Shadow
Bought at: 2065.00 – Nov 18, 2015
Stop: 2011.00 – hit 2070.00 stop for +5.00
T1: 2105.00
T2: 2115.00

EUR/JPY Daily bearish Acapulco
Sold at: 130.27 – Nov 24, 2015
Stop at: 131.95 – stopped out Dec 3, 2015 (-1.0R)
T1: 128.90
T2: 127.90

USD/SGD weekly bearish bend trade, still holding this one…
Sold at: 1.3914 – Oct 13, 2015
Stop: 1.4350 – exited at 1.4190 (-0.63R) – Nov 11, 2015
T1: 1.3460
T2: 1.3200

GBP/JPY Weekly Pseudo-Trendy Kangaroo Tail Buy
Bought at 192.24
Stop: 185.00 – hit for full -1.0R
T1: 197.00
T2: 202.00
USD/CAD 4hr DropBear Drop Trade
Sold at 1.3039
Stop: 1.3186 – closed at 1.3118 for -79 pips
T1: 1.2800 (horizontal s/r zone)
T2: 1.2650 (trendline, so this value may change)

CAD/SGD Daily
Sold at: 1.0500
Stop: 1.0700 – stopped out (-1.0R)
T1: 1.0300
T2: 1.0100

EUR/AUD
Bought at 1.4817
Stop: moved to 1.4827 (+10)
T1: 1.5170 – hit for +353
T2: 1.5450 – hit +10 stop while waiting

XAG/USD Daily – order cancelled
Selling at: 14.35
Stop: 14.80
Target 1: 13.80
Target 2: 13.15

AUD/CHF Daily Bearish Acapulco
Sold at 0.7014
Stop: 0.7212 – closed at 0.7170 (-156)
T1: 0.6930 – waiting
T2: 0.6800

GBP/USD Daily
Sold at: 1.5700
Stop: 1.5929 – moved to 1.5690 (+10 pips)
T1: 1.5500 – hit for +200
T2: 1.5380 – hit for +320
T3: 1.5260 – hit +10 stop while waiting…

AUD/NZD Weekly Bearish Pseudo-KT
Sold at 1.1125
Stop: 1.1430 – closed at 1.1337 for -212
T1: 1.0850 – waiting
T2: 1.0570

NZD/USD Weekly
Sold at: 0.7018
Stop: 0.7010 (+10 pips)
T1: 0.6850 – hit for +168
T2: 0.6650 – hit for +268

CAD/CHF Weekly
Sold at: 0.7630
Stop: 0.7620 hit +10
T1: 0.7345 – still waiting
T2: 0.7055

CAD/JPY 4hr
Bought at: 100.73
Stop: 99.95 – stopped out for -1.0R
T1: 102.30 – waiting
T2: 103.60

GBP/CHF Weekly (Optional Second Trade)
Sold at: 1.4060
Stop: 1.4710 – closed at 1.4548
T1: 1.3650
T2: 1.3280

GBP/CHF Weekly
Sold at: 1.4760
Stop: *moved to 1.4750*
T1: 1.4210 – hit for +550 pips
T2: 1.4130 – hit for +630 pips
T3: 1.4030 – hit for +730 pips

GBP/CAD Daily -CLOSED
Sell at 1.8196 – triggered
Stop: 1.8585 – closed at 1.8410 (-0.55R)
T1: 1.7890
T2: 1.7570

EUR/USD Daily
Sold at 1.0795
Stop: 1.0785 – hit for +10 pips
T1: 1.0510 – went as low as 1.0519
T2: 1.0345

EUR/JPY Weekly Bearish Bend
Sold at: 133.37
Stop: 135.65 – moved to 133.27
T1: 131.10 – hit for +227
T2: 126.70 – hit for +667

CAD/CHF Weekly
Selling at 0.7615 – triggered
Stop: 0.7900 – closed at 0.7757 for -152 pips
T1: 0.7370 – waiting
T2: 0.7010

NZD/CHF Daily
Sold at 0.7350
Stop: moved to 0.7340 (hit for +10 pips)
T1: 0.7245 – hit for +95 pips
T2: 0.7150 – hit for +200 pips
T3: 0.7050 – waiting

GBP/USD Daily Bearish BS
Sold at: 1.5345
Stop: 1.5551 – moved to 1.5340
T1: 1.5155 – hit for +190
T2: 1.5035 – hit for +310

XAU/USD Daily
Selling at: 1227.00 – triggered
Stop: 1226.00 – moved to +1.00
T1: 1177.00 – hit for +50.00
T2: 1142.00 – waiting, may exit trade based on today’s daily close

USD/SGD Daily Bullish Big Shadow
Buy: 1.3570 – triggered
Stop: 1.3425 – dumped at 1.3555 for -15 pips
T1: 1.3665
T2: 1.3800

GBP/JPY Weekly Bullish Big Shadow
Buy: 181.85 – triggered
Stop: 181.93 – hit for +8 pips
T1: 188.90
T2: 194.00

EUR/NZD Weekly
Selling at: 1.5399 -hit stop for +9 pips
Stop: 1.5825 – moved to 1.5390
T1: 1.5040 – waiting
T2: 1.4820

AUD/CAD Weekly
Selling at: 0.9765 – triggered
Stop: 0.9758 – hit for +7
T1: 0.9490 – waiting
T2: 0.9400

AUD/JPY Daily
Selling at: 92.10 – triggered
Stop: 94.70 – Moved to 91.90 (hit for +20)
T1: 89.70 – hit for +240 pips
T2: 87.60

USD/CAD Bought at 1.1505
Stop: moved up to 1.1550 (+45 pips)
T1: 1.1820 – hit for +315 pips
T2: 1.2400 – hit for +895 pips

2 thoughts on “Would You Take Forex Trading Advice From Walter Peters?”

    1. Hello Hector, I am a subscriber to his forum for business/marketing purposes only. I don’t follow his trades and and wouldn’t follow his trades based on his 6-12 month performance. Remember the ole saying: “By their fruits ye shall know them.” His track record sinks.

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