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-   -   Suicide and forex (https://www.forexfactory.com/showthread.php?t=729991)

9jatrader Jan 20, 2018 10:30am | Post# 121

Suicide is not in anyway good option after loosing everything. Life continues and you can start new life again. Don't attempt mates

mbrown Jan 20, 2018 10:46am | Post# 122

{quote} Everyone loses at first, mainly because they think they are smarter than price.

That's a hell of a quote!

venividivici Jan 20, 2018 11:02am | Post# 123

{quote} I worked for scotland yard police here in the UK. So was my job, and track down his location. He lives in a poor one bedroom flat and has a very average car. The lies that people believe. To me this is a crime what he does.
best laugh ive had in months..seriously dont know if you were serious or joking.

You didnt work for Scotland Yard with that English, you loser.

Get lost

goose4 Jan 20, 2018 11:24am | Post# 124

{quote} best laugh ive had in months..seriously dont know if you were serious or joking. You didnt work for Scotland Yard with that English, you loser. Get lost

No need to get aggressive my friend. This place is about helping each other. Not insulting

Just trying to help the community

I was a policeman in the force PM and I will prove it

What do you make of this article ?

http://www.priceactionlab.com/Blog/2...tive-sum-game/

This article proves retail day trading is like a casino and the house (broker has the edge)

Investing in assets will get you rich.

venividivici Jan 20, 2018 11:31am | Post# 125

{quote} No need to get aggressive my friend. This place is about helping each other. Not insulting Just trying to help the community I was a policeman in the force PM and I will prove it What do you make of this article ? http://www.priceactionlab.com/Blog/2...tive-sum-game/ This article proves retail day trading is like a casino and the house (broker has the edge) Investing in assets will get you rich.
Prove it then, until then you're just like the story you told about the guy in the single bedroom with a average car.

Ill-b-back Jan 20, 2018 12:00pm | Post# 126

{quote} I second that. Guy is a total idiot. You know the classic, if I can't be successful, than certainly no one else can.
Mingary IS a successful trader, he has documented it himself in his own thread.
Don't worry about him, he's just poking fun at everyone...

Ill-b-back Jan 20, 2018 12:06pm | Post# 127

{quote} {quote} Disprove this: https://www.forexfactory.com/showthr...9#post10679379 If new traders come into the game: 1) they lose and quit 2) they lose at first and then become winners or they win and keep on winning 3) they keep on losing and don't quit if 1) then there are no winners in this game long term if 2) then the game contains high percentage winners long term if 3) then the game is made up of high percentage losers long term Since 2) is clearly not an actual fact, it's evident that retail forex is a loser's...
No, it is you who needs to prove it, since it is you makng the claim of impossible profits.
Disprove it? You already have with your own documented thrading success

mohsinali Jan 20, 2018 12:46pm | Post# 128

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Cause of s.....cide.... LoL
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horvat Jan 20, 2018 1:17pm | Post# 129

Well if you are not good at something you try to get better at it by working hard. If you still fail after trying many times, you give up and find something where you good at. Not everyone can be a athlete or play Violin even if you try to be.

OP has been on this forum since long time and has been famous for his negativity. I wonder why he is still here if he believes that everyone fails in this game. Somewhere in his heart he wants to be successful but with this approach he wont be.

OP how about changing your approach and look at things in a different positive way. I know this post means nothing to you as you will reason you know it all and you will continue what you best at, but hey i gave it a try.

dukas_trader Jan 20, 2018 1:48pm | Post# 130

Well if you are not good at something you try to get better at it by working hard. If you still fail after trying many times, you give up and find something where you good at. Not everyone can be a athlete or play Violin even if you try to be. OP has been on this forum since long time and has been famous for his negativity. I wonder why he is still here if he believes that everyone fails in this game. Somewhere in his heart he wants to be successful but with this approach he wont be. OP how about changing your approach and look at things in a different...
maybe he tries and improves same time. but many is also correct what he is saying, most people really lose , near 95%. there is no other way that in a zero sum market with costs (spread , commission, rollover) the winners can be payed (80-95% have to lose always).

look inside your demo account. its so easy to make extrem wins in demo, in real account same time would be extrem losses, like trading in biggest news without having any slippage or using arbitrage,.... and many other ways what will not work in any real account. so why not change the fun account thats not saying anything against a very small cent account and train real trading same time, what you can use later and is not worthless time? so same question you told him about the approach is possible to ask you. using demo accounts (without for programs testing or learning the tradestation) is one of the biggest mistakes someone can do for fooling himself, so many lost so much money because they tested in demoaccount and then lost in real account, because they dont learn it from the beginning in real cent account with very very small money, even there is not all same like in normal accounts, but at least most and one of the biggest mistakes possible to do as beginners is at least not done.

goose4 Jan 20, 2018 1:50pm | Post# 131

A fantastic book that made me realize i was in the matrix with forex is
Fooled by Technical Analysis: The perils of charting, backtesting and data-mining

by Michael Harris


An eye opener.......... Harris is a PHD and lectures at Harvard

https://www.goodreads.com/book/show/...nical-analysis

horvat Jan 20, 2018 2:36pm | Post# 132

{quote} maybe he tries and improves same time. but many is also correct what he is saying, most people really lose , near 95%. there is no other way that in a zero sum market with costs (spread , commission, rollover) the winners can be payed (80-95% have to lose always). look inside your demo account. its so easy to make extrem wins in demo, in real account same time would be extrem losses, like trading in biggest news without having any slippage or using arbitrage,.... and many other ways what will not work in any real account. so why not chnage...
I never said that everyone wins in this game and there are no manipulation done by brokers. There are always good and bad apples. If you know your broker manipulates then why trade with that broker? Sham brokers dont come asking you to open a account with them, its you who get attracted to them due to the bonus, leverage, zero spread with no commission etc etc.
Secondly a big portion lose their money because they try martingale, hedging, laggy indicators etc strategies which is a sure account burner. Just look around
Thirdly a big portion lose because of psychology and bad MM, which is the most important factor in this game. As a experienced trader as you claim to be you should know what i am telling.
As to my demo account is concerned, its your assumption that i am not trading a real account. The reason why i dont have a my real account TE is because my broker dont offer MT4 platform and FF doesnt support their platform.

dukas_trader Jan 20, 2018 2:47pm | Post# 133

{quote} I never said that everyone wins in this game and there are no manipulation done by brokers. There are always good and bad apples. If you know your broker manipulates then why trade with that broker? Sham brokers dont come asking you to open a account with them, its you who get attracted to them due to the bonus, leverage, zero spread with no commission etc etc. Secondly a big portion lose their money because they try martingale, hedging, laggy indicators etc strategies which is a sure account burner. Just look around Thirdly a big portion...
yes, all correct what you say.

only : i did not say you dont trade real account, only that your demo account is having useless trades near all the time and this traded in real account would be even a bigger loss and its better to trade this strategy in cent account to show real impact to the account. maybe its only your fun account and you know its complete useless, then may be ok. but one of the reasons people lose is because they use demo accounts or see other people using it and have big useless wins with it, and this poeple dont know its useless wins that are not their in real account and their path to killing their account begins.
so sorry when you thought i tell you you dont have a real account, this i dont know. its not possible to see if you are beginner or not , only from demo account it looked like beginner, so sorry when its wrong.

alphaomega Jan 20, 2018 2:52pm | Post# 134

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If there are losers, then there are winners.........................
Of course there are winners it's zero sum game after all.

Now look at this picture and tell me who is the real winner?

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Exodus Jan 20, 2018 3:10pm | Post# 135

{quote} best laugh ive had in months..seriously dont know if you were serious or joking. You didnt work for Scotland Yard with that English, you loser. Get lost
Hey, don't dis him like that!

Don't you know half of the police are there because they can't do anything else?


{quote} Mingary IS a successful trader, he has documented it himself in his own thread. Don't worry about him, he's just poking fun at everyone...

HiddenGap Jan 20, 2018 5:04pm | Post# 136

{quote} I can say to you only this. Brokers do not want you to lose. It is suicidal on their part. If everyone loses, who is left to trade and collect commissions? Brokers want you to win. If you are winning, then you will pay larger commissions as your size grows. Everyone loses at first, mainly because they think they are smarter than price. When you humble yourself and just do what you are told, you will be just fine in FX, or any other market. I don't understand why you would say FX is the crack of the financial instruments. It makes...
This is an incredible statement. May I have your permission to use it as my signature (if it fits)?

venividivici Jan 20, 2018 7:51pm | Post# 137

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{quote} Hey, don't dis him like that! Don't you know half of the police are there because they can't do anything else? {quote}
Ill get him a started kit so he can fulfill his dream.

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goose4 Jan 20, 2018 8:08pm | Post# 138

Love the starter kit. Turns me on.

I had a cameo in this classic slasher film.


Inserted Video

Ross88 Jan 20, 2018 8:15pm | Post# 139

Love the starter kit. Turns me on. I had a cameo in this classic slasher film. https://www.youtube.com/watch?v=cW7KqfSToQU
legend

pipmaster77 Jan 20, 2018 9:09pm | Post# 140

{quote} {quote} Disprove this: https://www.forexfactory.com/showthr...9#post10679379 If new traders come into the game: 1) they lose and quit 2) they lose at first and then become winners or they win and keep on winning 3) they keep on losing and don't quit if 1) then there are no winners in this game long term if 2) then the game contains high percentage winners long term if 3) then the game is made up of high percentage losers long term Since 2) is clearly not an actual fact, it's evident that retail forex is a loser's...
Of course it's a loser's game, just like starting your own business. A very small % will be successful. It takes hard work and dedication, just like anything in life. You are claiming NOBODY IS SUCCESSFUL and that is definitely not a true statement.


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