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1 Attachment(s) He is very stable with his one and only strategy thoughhh |
Ghostbiker is SHE not HE |
Have you ever seen a Fundamentals thread? I never have, all technical B.S. No CFTC weekly data, no correlations to the currencies with oil, gold, S&P. No central bank policy chat. No themes that the market is focusing on for the week. No thesis, all technical systems. That is partly why all these systems don't work. Because the authors have no comprehension of the market, no understanding of why it is moving in the direction it is moving. |
I respect your opinion but I don't think fundamental analysis is any less biased then technical analysis. It's all manipulated. I have a masters degree in finance with emphasis in investment, portfolio management and so on. I had to write several papers for work about risk management in several investments the company was undertaking. My conclusion: it's all rigged. The news you receive its late, it's deceiving, and can be manipulated. Enron is an example of how they manipulate their numbers. Increasing income by firing staff, and many others tricks. So how can you trust it? Even inflation and unemployment numbers are misleading. You probably know that a soon as the fed raises the interest rate the market goes to shit. They have been postponing this for years. I wonder if they are waiting to drop this in the next presidents term. They say inflation is stable.. Is it? Go check the prices of things and tell me if there is no inflation. All you have to do is change the basket of goods that are used to calculate inflation. So I honestly don't think fundamental analysis is any more trustworthy than technical. At the end is all gambling with an educated guess. My humble opinion anyway. |
Go to one of these get rich quick holy grail threads and type something intelligently questioning the method and see how quick you get banned and attacked by the newbie trader noobs who will probably blow their accounts quicker then you can say "ohhh so that's why 95%+ people fail!" |
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It is absolutely ludicrous to think that asking for some sort of proof over BOLD claims is somehow "overstepping" some line. Are you some sort of idiot? If you don't want to prove anything then don't go round boasting and making bold outlandish claims! If you have bold claims then back them up! Otherwise just go back to your corner and continue on with whatever you're doing. "Oh look guys I just won a million dollars! Oh what's that? You wanna see the lottery ticket? You wanna see my lamborghini?.... oh umm oh yeah?! Well I dont need to prove anything to you! So neh!" - it's so Goddamn idiotic it's unbelievable. You don't want to prove anything? Then keep it to yourslef! |
@Crackpot. So how are you helping others trade a winning system here? Are you just gonna wave a piece of meat before a dog's nose and not let him have the meat. What is the need teasing members with your own winning rates here? |
Namaste!!! With all respect guys I have never understood this atacks on the person but...nevetheless, there are False Prophets with false trading systems. All the best guys and enjoy your weekend! |
Do you mean: "False prophets" with false profits are traders that are traitors ? |
Idiots guide to create a popular thread on FF: - Post a strategy, any strategy. I like the mention some where of the Cock Drop strategy. Make sure to give it a name like 90% win, or $10,000 weekly profit! - Post some charts and rules. - Trade on a Demo account. - Never show that you trade on a demo and never post history or trading journal. - Continuously post good results and tell everyone what a great day/week you had trading. - Never use a SL. - Show history from your MT4 that only shows the profit trades and no losses or the total balance. Maybe include a loss here or there just to make it seem all that more real. - And finally, ban and remove any doubters. Easy, anyone can do it. |
Thank you for this thread Crackpot. |
I do not mind there are gurus spreading their wisdom. I remember a saying - those who can, they do. Those who can't, they teach. |
Would you agree that the core thing in the trading business is risk management? Those prophets don't have a risk management... But on the other hand... let the people follow them, it's just another way to get dumb money into the market  |
I am a victim of scam and fraud myself. That is why i very much hated those who make bold claims and provide false hopes to others. They are actually committing a crime here in my opinion. They give others false hope. And hope, when destroyed, can lead to a very big disaster. Broken homes, broken families and the severe cases, it can be fatal. So the next time you make some claims like you are generating 90% win rate, back it up. Let others criticize you if you have nothing to hide. Don't go around giving others false hopes. Anyone trading long enough should have known of trade explorer here in FF and myfxbook account. Very easy to setup, very easy to prove your 90% win rate. But nope, i only see screenshots showing all the winning trades. Not even one screenshot of losing trades. Seriously guys, if you want to be a guru and teach others, back it up or make the claim that you are just starting, trade at your own risk etc. Don't give others false hope. |
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Takes both fundamentals and technical..For OP I have a disclosure on my thread.Refuse to work with newbies.I don't consider myself a guru and have no motives as far as ego boast or anything.I just shared some insights that helped me and my claims are modest. regards |
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I personally do not trade Ghostbikers systems but I do read his threads along with many others. All his screen shots of his account are not only winning trades. There are some losses in there and I have read posts where he/she has spoken about those losses. Everyone does not have the mental strength to continue trading successfully after posting up a trade explorer.Posting a TE can be mentally distracting and increase performance anxiety for many traders, myself included. I have been trading forex for over 10 years and have 2 successful systems that I created that do good for me and have been contemplating sharing them on this forum but even thinking about adding a TE makes me feel stressed emotionally and that's something I have to get over and work on. If someone is taking pictures, real not fake pictures of their live or demo account and they are not trying to sell you anything, I think that should be enough. You can decide intelligently for yourselves whether or not you want to try their system and see if it will work for you. As long as no one is selling you anything or holding a gun to your head its wrong to call them a scam or unethical. I can get a high winning rate with a system but another trader may not. Maybe that system is not for you or maybe there is something you need to learn or correct to get the same results. It doesn't matter, we are all different and different things will work for each of us. Dont bash or be angry with someone because they dont conform with your idea of posting correctness. Its their prerogative if they want to post a TEor not, they are not doing anything wrong by not doing so.try his system or don't try it. Who cares? I would advise we each focus on finding what works for us, hone it and stick to it. Consistency + good MM=Success. |
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