- Search Forex Factory
- 55 Results
- bigblue replied Oct 9, 2014
I think many of the people selling the big dreams work for the brokers - now there's a way to make money. Don't listen to the BS - if you do 20% a year you are a rock star.
FF "Rags To Riches" Millionaires!
- bigblue replied Jul 26, 2012
Daily Charts Long — Trade daily/weekly charts - been long for 2 weeks - what a ride. Nice to see this move - long for now at least.
Cable Update (GBPUSD)
- bigblue replied Jul 22, 2012
I think some of these issues have been explained in the previous reply. A discretionary trader should have a record of trades - above 30 and he/she can start to make some estimate of what their expectancy is (ie the average money made per trade). If ...
Trading is not a Business
- bigblue replied Jul 22, 2012
I take your point about the semantics - and it's the thing most people get heated about. My central point here has always been that positive expectation is almost everything - all the rest is math and management (which can be got from books). I've ...
Trading is not a Business
- bigblue replied Jul 21, 2012
It isn't a demo equity curve - I trade this as I've already stated.
Formal Trading System Development
- bigblue replied Jul 21, 2012
I'm fairly immune to abusive/emotional rubbish you get on forums like this, but I have been surprised at the desperate need to map trading (which is one kind of activity) onto business (which is another kind of activity). Why people need to make ...
Trading is not a Business
- bigblue replied Jul 21, 2012
The Rich List - No Traders to be Found — Various rich lists are compiled every year and no matter which ones you look at traders are totally absent - even at the 50 mill mark. Of course the dream makers will insist that the wealthy traders ...
Setting realistic expectations
- bigblue replied Jul 21, 2012
I suspect there may be broker representatives on this forum - not pointing any fingers though. It would of course not be in their interest for some realism to enter the discussion. Oh - and the personal abuse - I think that is probably part of the ...
Setting realistic expectations
- bigblue replied Jul 21, 2012
Looks like I've touched some raw nerves (again). Dream away.
Setting realistic expectations
- bigblue replied Jul 20, 2012
OK I'm making up my mind - people who dream are asleep - and technology (being an ex physicist) definitiely does not come from dreaming - it just comes from research - the end result of which is unknown at the time. I think there is a difference ...
Setting realistic expectations
- bigblue replied Jul 20, 2012
Hypothetically (for me at least) there are many instruments - if you happen to have a widely appicable method - and so you could (with some help) trade many (maybe thousands) of instruments. And why stop there - having amassed billions you could go ...
Setting realistic expectations
- bigblue replied Jul 20, 2012
It's possible that my expectations are too low - but 50% on 10K is 5% on the 100K in a week - 1% a day. That is definitely outside my league - 5 to 10% a month is OK for me if I can avoid stress and spend the day walking the dog - or whatever.
Ruler of the Universe
- bigblue replied Jul 20, 2012
People are so different. I actually have no interest in trading as such at all - my passion is for the systems. So I trade daily bars and a single trade might last three months - or 2 days depending when the exit signal is generated. 20 trades make ...
Setting realistic expectations
- bigblue replied Jul 20, 2012
You've obviously been there. Thats why I need mechanical systems - call it a psychological weakness, but they are the boss unless I see them misbehaving. It's also why I need anywhere between 10 and 20 trades on at a time - it would be very ...
Setting realistic expectations
- bigblue replied Jul 20, 2012
Expectations — Not all that different. I still think 30% a year is a decent turn (although this year I will probably do more than that - but year on year it remains to be seen). In fact I just read on the Really Useless Thread several claims ...
Ruler of the Universe
- bigblue replied Jul 20, 2012
You must have read my mind — Brilliant idea - I was musing on doing just that. So here we go (I know someone will try to bend what I say into business lingo, just like Dr Strangelove couldn't help strangling himself with his own hand). As I’ve ...
Trading is not a Business
- bigblue replied Jul 20, 2012
Business or gambling - it's a bit limited. Athletes don't have business plans but do achieve - same with 747 pilots, brain surgeons, holywood actors, pop stars etc etc. Don't really know why the business idea has made its way into trading apart from ...
Trading is not a Business