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  • #481
  • Jul 23, 2019 10:40am Jul 23, 2019 10:40am
Quoting DojiSan
{quote} Hi LDFX, is there proof that trading without stops won't make money? Isn't it based on the strategy they are using or is this just your opinion? For example let's say someone has $250,000 account and he trades $1 per pip without stop, how does that prove he won't make profit? on martingales, I know it's a dangerous strategy, but you say people "won't make it" using this strategy, do you also have a proof of this statement? I would like to check out the proof. Thanks.. One of the stats I posted is a martingale system and it's making consistent...

It can if done right. I've been doing something similar like the example you gave for a while.
  • #482
  • Jul 28, 2019 9:21pm Jul 28, 2019 9:21pm
Nothing is impossible in this world, it is just that everything takes time to be happened. So in Forex, you will need time to be profitable.
  • #483
  • Jul 29, 2019 11:25am Jul 29, 2019 11:25am
Quoting Butterscotch
Nothing is impossible in this world, it is just that everything takes time to be happened. So in Forex, you will need time to be profitable.
I think so; instant work doesn’t work here! It takes such a long time to learn; but the point is, almost all of the pro traders are making money quite smartly!
  • #484
  • Aug 6, 2019 1:54pm Aug 6, 2019 1:54pm
Quoting Butterscotch
Nothing is impossible in this world, it is just that everything takes time to be happened. So in Forex, you will need time to be profitable.
if you think nothing is impossible , please earn 500 pips in a day and share among us. thanks
  • #485
  • Aug 6, 2019 2:54pm Aug 6, 2019 2:54pm
ha ha ha,
what a reply ,
don't take it personally ,
i think its a fun post.
  • #486
  • Edited 12:37am Aug 7, 2019 12:18am | Edited 12:37am
Keep an eye on the "Trading Systems" thread
There will be one that is popular and gets lots of attention.
There will be a time when the followers and thread starter are claiming to be profitable. After a while the thread will die out.
They must all be forex millionaires (:
  • #487
  • Aug 8, 2019 8:51pm Aug 8, 2019 8:51pm
Quoting Mingary
Keep an eye on the "Trading Systems" thread There will be one that is popular and gets lots of attention. There will be a time when the followers and thread starter are claiming to be profitable. After a while the thread will die out. They must all be forex millionaires (:

it is happening again and again and again ... I see that happening already again... it is a 1 to 3 years cycle.

and in another popular thread a newbie started in 2016 and makes claims to have en edge over market ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #488
  • Aug 9, 2019 7:07am Aug 9, 2019 7:07am
Quoting emmanuel7788
{quote} it is happening again and again and again ... I see that happening already again... it is a 1 to 3 years cycle. and in another popular thread a newbie started in 2016 and makes claims to have en edge over market ...
hmmm, I think I know whom you are referring to.. same story as always.

IMO, that is the most interesting feature on this web site!
In all that time since I became a member, I have never ever never seen anything looking like consistent positive results after 2 years max.

Long term trading success in Retail forex = zero
Long term commercial success in retail forex > zero
  • #489
  • Aug 9, 2019 10:23pm Aug 9, 2019 10:23pm
Quoting emmanuel7788
{quote} it is happening again and again and again ... I see that happening already again... it is a 1 to 3 years cycle. and in another popular thread a newbie started in 2016 and makes claims to have en edge over market ...
"6200trading" is the latest,the guy has a website (he's an insurance salesman),but won't post charts of his alleged very successful system.Another bullshitter is "TooSlow" a prolific self promoter and so called teacher.
  • #490
  • Aug 10, 2019 6:42pm Aug 10, 2019 6:42pm
Quoting edge540
{quote} "6200trading" is the latest,the guy has a website (he's an insurance salesman),but won't post charts of his alleged very successful system.Another bullshitter is "TooSlow" a prolific self promoter and so called teacher.
your last chart was in 2018 not only that but the one before that was 2012 , like calling the kettle black heh mate
people leave, but this thread will go on for ever
  • #491
  • Aug 11, 2019 3:52pm Aug 11, 2019 3:52pm
Quoting Aussi
{quote} your last chart was in 2018 not only that but the one before that was 2012 , like calling the kettle black heh mate
Not at all Aussi,I'm not claiming to be guru or teacher but these guys are.I'm a consistent loser,I've subscribed to numerous guru websites, bought dozens of systems,paid for so called education and read numerous books on this subject all to no avail.
  • #492
  • Edited 12:22pm Aug 12, 2019 12:05pm | Edited 12:22pm
Quoting allinazi
{quote} I think it is possible to make it using martingale. The problem most people have is they add way to early they prob still in the 1SD when they are adding. The key to that is really waiting for exhaustion and real extremes of the market and going with the size. BUT with caution of course I guess when you go big one would have to some sort of mental stop or physical stop in place looking at that myfxbook he/she is doing that. focused on one pair ( I know there’s other pairs he looks at) but one set of results is on just one pair. You can tell...
Any thoughts to add Allinazi ? I guess I was right because I can’t find your Trend Explorer anymore, even on myfxbook https://www.myfxbook.com/members/allinazi

Perhaps this ;
Attached Image
LDFX Trading Ltd
  • #493
  • Aug 12, 2019 12:31pm Aug 12, 2019 12:31pm
Quoting DojiSan
{quote} Hi LDFX, is there proof that trading without stops won't make money? Isn't it based on the strategy they are using or is this just your opinion? For example let's say someone has $250,000 account and he trades $1 per pip without stop, how does that prove he won't make profit? on martingales, I know it's a dangerous strategy, but you say people "won't make it" using this strategy, do you also have a proof of this statement? I would like to check out the proof. Thanks.. One of the stats I posted is a martingale system and it's making consistent...
Verify your track record first then I will be more than happy to answer .
LDFX Trading Ltd
  • #494
  • Aug 13, 2019 6:59am Aug 13, 2019 6:59am
Quoting LDFX
{quote} Verify your track record first then I will be more than happy to answer .
Here's a proof that some martingale works.. this is on a live account.. where's your proof of your statements... Most likely you don't have any proofs.. ppfffttt..
https://www.myfxbook.com/members/fxcharger/fxcharger/1744841
  • #495
  • Aug 16, 2019 2:26pm Aug 16, 2019 2:26pm
Quoting DojiSan
{quote} Here's a proof that some martingale works.. this is on a live account.. where's your proof of your statements... Most likely you don't have any proofs.. ppfffttt.. https://www.myfxbook.com/members/fxcharger/fxcharger/1744841
Verify your track record, is it a problem?
LDFX Trading Ltd
  • #496
  • Aug 18, 2019 2:30am Aug 18, 2019 2:30am
Quoting LDFX
{quote} Verify your track record, is it a problem?
I asked you for the proof of your statement and you come back and ask to verify my track record?? that's not a good answer because you don't have proof.. let's see your track record... is that a problem?
  • #497
  • Sep 27, 2019 1:29pm Sep 27, 2019 1:29pm
Quoting DojiSan
{quote} I asked you for the proof of your statement and you come back and ask to verify my track record?? that's not a good answer because you don't have proof.. let's see your track record... is that a problem?
Is your screen shot a proof ? Is it you ? Martingales does not work, if you can’t understand it you’re either stupid or a newbie.

As far as I can recall you said that you are using a negative leverage without physical stop loss which does not mean you don’t have a stop loss, if using way less than 1:1 leverage a mental stop or when the price action tell you otherwise you can get out without much damage as long as your average profit is higher than your average loss, which again does not mean you don’t use stop loss or are averaging down.

Martingale is increasing risk while the negative excursion increases, basically it means you are putting more equity into your losing trades, it is a recipe for failure.

As to my personal performance it is another story, do you need it to believe that martingale doesn’t work ?
LDFX Trading Ltd
  • #498
  • Edited 3:39pm Sep 27, 2019 2:54pm | Edited 3:39pm
Quoting LDFX
{quote} . Martingales does not work,..
Prove that it does not work..

Quoting LDFX
{quote}Martingale is increasing risk while the negative excursion increases, basically it means you are putting more equity into your losing trades, it is a recipe for failure.
Is this statement true all the time? If yes, could you also prove this statement for us?

Just like you said on other post, I'm also here to learn.. please enlighten us with your marvelous proofs of these two statements you posted.. otherwise, traders on the forum may just think you are really as smart as you claim and think these statements are just your opinions... better yet maybe you have several live blown accounts where you used martingale and failed miserably.. you can post those.. maybe we will take them as proofs..
  • #499
  • Last Post: Oct 2, 2019 2:38am Oct 2, 2019 2:38am
@ldfx im still here dont worry, i took everything down, i needed to concentrate on getting the accounts back in order rather than have backward and forward spat with you
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