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-   -   Why Are We Here? If you are really here for profits, please read! (https://www.forexfactory.com/showthread.php?t=943393)

auricforecas Aug 25, 2019 2:57pm | Post# 1

Why Are We Here? If you are really here for profits, please read!
 
Ok, I have noticed... that not all are here for the profits.. otherwise they won't be bothered with ANYTHING and be focused on the MONEY/PROFITS..
I have noticed that not so few members ignore other members that DO contribute and their predicitons HAPPEN... So why anyone, in their right mind, that is here for the money, would ban/ignore ANYONE that is bringing THE JUICE to the thread/forum? The only possible explanation that I can find... other then "ignorance".. is that
some are here to lose You can find the reference in many official (professional) books..

I strongly recommend this clips, that might wake-up your mind... about WHY ARE YOU HERE... If you are here for other things, wonderful!
Would just be appreciated if you let others know maybe.. so some do not lose time giving you valuable advices/signals for free... and then being pissed on, ignored etc.. in return... I have been checking some members that might contribue here the most (in PROFIT potential terms), not bullshiting, switching/ditching accounts, giving vague "forecasts", hiding their TEs, modifying/editing/deleting posts that didn't happen.. or pretending they didn't post completely wrong signals... with HIGH PROBABILITy.. and people BLEW accounts on it...

Ok so here is the situation with some (you be the judge about the % of them, I suspect it might not be negligible)...

Ask yourself why are you here:

  1. Do you want RESPECT or MONEY? SEE THIS CLIP!
  2. Are you looking for FRIENDS or MONEY? Some motivational CLIP.
  3. Are you here to WIN or to LOSE? HIGHLY recommending this clip!

They seem to be retarded questions but still many people do not know (or forget) the answer or are not aware of their stance (even if subconsciously)..

And check this series! You will see why people lose even if they have the potential! Most of them would blow account even if they would go BACK in the past, knowing the CHART in advance... because they had so many issues, fixations etc...

Why do you think they ask questions like this in the interview? Or why this clip is very realistic. Do you think some members here really abuse you? Think again, see this clip PLEASE! They want to see if your focus is right, if you have what it takes, if you can submit yourself for THE MISSION aka MAIN OBJECTIVE (making money).... and not letting any other issue (revenge, egotrip, fixation, whatever...) get in a way.. because many BLOW accounts, even if they have it... because of those issues... It is nice to know you can rely on someones HUNGER for money/profit ALONE.. without dealing/pricing-it very costly personality issues

This is how markets are! Check my funny but realistic POST!

Markets are toughest monster (to handle, if possible at all, longterm at least) you might ever encounter. And if you have ANY fixation, egotrip, OCD, whatever... your trades will (Eventually) blow in your face... Because it is hard as it is... border impossible, but possible for some... And the one that do make it... I would dare to say... are focus on MONEY/PROFIT alone... It is hard enough without pricing in some fixation.. Some people are obsessed with buying the dips or selling highs or whatever.. if this does, and often does... gets in a way of trading... they will LOSE... It is very hard to find all good qualities in ONE person (trader), that is why trading firms, funds.. benefit.. because usually one is very good at something... (at the expense of something else usually Some is very good at price prediction but emotional wreck.. Some are very "good boys", they do exactly what they are told but can't produce a single profitable trade.. Etc.. It would be great to combine THE JUICE of everyone, everyone does have something... and combine it together into EPIC trades.. But very few seem to be interested in this..

AND YEAH, the best guys... Even Trump was saying this a lot of times.. Best negotiators, experts, traders or ANY super-skilled people are usually ASSHOLES/nutcases; almost impossible to deal with It comes with the territory... But if one is interested in ther JUICE, their personality should be secondary...

Do you want a NICE/POLITE trader... that will BLOW your money or do you want the can help you make MONEY?

I would understand if any people here would ban/ignore people that bring nothing but shit... But it seems that POPULARITY is not proportional to THE JUICE... I have been checking some forums and the one that got it right the most are the least popular, most ignored... And the ones that wold blow account after another...

Ok, you get my point... Share your thoughts please, if you want...

BTW, this is what I love about "WALL STREET" or FINANCIAL markets in general... It is clear (not talking about bullshit trading like liquidity providing, executing by order etc... BUT REAL trading aka PRICE prediction or TECH/MARKET/PA exploit/manage.. etc..) what is expected... THE JUICE.. aka DELIVERING ALPHA... All other things are basically irrelevant... If one is good at something valuable.. but very bad (cryptonit reference) at something else.. they just delegate that component to someone else... so that trades go to some more reliable person for example... but JUICE of all types is appreciated.. As long as you BRING IT... you can do anything, do anything.. piss on the floor (in private... whatever As soon as this is not true, OUT! Opposite to some other professions where performance is secondary to ass-kissing etc... I hope at least SOMEONE would get what I'm talking about... Because how some people here are.. they would have hard time making any cent even if they had INSIDE info 5 hours before... Just to illustrate you the point...

Gordon Gekko: "It's not always the most popular person who gets the job done." WS87

P.S. Took quite an effort to write this and find/link the link... Would appreciate if you read/watch... But due to the fear too many trolls will reply.. I might not READ it for a while just in case

I wish some members will read this and consider working with others even if they do not like them... Putting ego (pride, competitiveness, arrogance) aside... for the benefit of making EPIC money, together... Some are good at technicals, some fundamentals etc... and they RARELY mix well Let's work together, how about that?
That is being a professional is all about, specially REAL trader... dealing with "enemies" if you have to... uniting FOR PROFITS made together! Think about it!


Squiggles Oct 20, 2019 1:22pm | Post# 2

sequential

detector Oct 20, 2019 2:10pm | Post# 3

Auricforecas, to answer your first question,
Me personally, I would like to think my contribution has some benefit, I can say this now as I seem to be getting somewhere, without giving what I have away, I'm prepared to put in print what I'm doing, before the event, if it helps great, if not there is no need to visit, I can be ignored, I'm trading to make money, end of, If I thought for one moment my posts are unwelcome I would pick up my football and leave the pitch.
If, as a would be trader, when you start to get results, there would be no need to be on a forum, you would consider you journey achieved, carry on in private, however, what we cannot forget is it all started somewhere for us, so we try and help like we were helped, that is not to say we are a success, we find that bit out on the journey.
You deserve the reply as you are an avid poster with good contribution, I'm sure there will be no trolls, good honest replies, will have a think on the rest and post, Detector

STrading Oct 20, 2019 5:45pm | Post# 4

We are here because we are not succesfull in this game. It will hurt some egos but its the truth. We are not here to lose whe are here because we cant win.

Bk55 Oct 20, 2019 6:29pm | Post# 5

boredom

auricforecas Oct 20, 2019 7:57pm | Post# 6

Auricforecas, to answer your first question, Me personally, I would like to think my contribution has some benefit, I can say this now as I seem to be getting somewhere, without giving what I have away, I'm prepared to put in print what I'm doing, before the event, if it helps great, if not there is no need to visit, I can be ignored, I'm trading to make money, end of, If I thought for one moment my posts are unwelcome I would pick up my football and leave the pitch. If, as a would be trader, when you start to get results, there would be no need...
Great reply! This thread was inspired because I noticed that some traders have so many issues... and even If they might be a good traders (forecasters or whatever) those issues might be preventing them to be profitable... I talk about this trading components a lot... I noticed that some might be profitable but miss on this very thing... ego-play... I mean, I do not care who is right, wrong or takes the credit.. I would love for all of us to make good money I mean, if I (my forecasts) would appear to be a complete shit... and I would see that some trader that I maybe didn't even like... are giving some golden signals that make money.. I would have zero problem throwing all my analyses into trash and start trading by his/her signals... gladly admitting I am/was wrong.. If you understand... Found out that not many would do this here... They would prefer hold their losing "system" to the ground (and beyond) than admitting that they were wrong... That was the whole idea...
So that is a good thing about trader... you find a lot about yourself.. It adds HEAT (fire) under the "test tube" and the traders ("elements") start to show their properties That is why I love WS people... relatively... Because you can count on them and are rather predictable.. As long as you provide them... deliver... they would have no problem kissing your ass.. to say the least... contrary to some people that would rather be broke than admit they are not all-knowing... Hope you (all) know what I am talking about Have seen many deals/business fail due to this ego shit, not to mention jealousy or whatever.. It's sad...

auricforecas Oct 20, 2019 8:06pm | Post# 7

We are here because we are not succesfull in this game. It will hurt some egos but its the truth. We are not here to lose whe are here because we cant win.
I think you are in a good track if you are at least giving this option open... I believe that before we even have a chance to become "everything", we might accept that we might be "nothing"... That is army princple, if I understand it.. They crack the egos in this drill sergeant drills and then start to build-them... I found out that many do not want to TRY (at least more times than once) just to avoid being a "loser"...

Losers are awesome.. Because they try... And the less juice one has... at leas he can increase the chances by TRYING... Well yeah, it would be best to increase "the juice" and number of trials...

Love this quote(s) from School for Scoundrels (2006) Read more: https://www.springfieldspringfield.c...coundrels-2006
"Tell me something- are you a loser? I asked you a question- are... you... a... loser? Um... yes? No. You see, a loser is someone who tries but fails, who shoots but misses. But I got a suspicion that you don't take any shots."

Or in Arnold's words (countless clip on this exact topic: about FAILING...
Inserted Video

Won't search the quote but he said that real winners don't even care if they WIN or LOSE They just DO IT, REPEAT TILL FAILURE and repeat again

Or like this... Will traders FAIL? You bet... But the winners will PICK UP their asses and try again.... You have to have a passion or... it is not logical
Inserted Video


I think that, I honestly believe.. that REAL trader (not filling orders, providing liquidity etc.. but REAL trader... like price prediction, patter recognition or whatever...) fails so many times that he doesn't even remember.. BEFORE he might get CRAZY profits...
Inserted Video


So I think you are on the right track... I believe when you will see the right opportunity (no matter who's idea it was) you will take it.. unlike many egotrippers

BTW you guys wouldn't believe how many traders rather QUIT than admit that some other guy GOT it.. And they got the option to take PART of it... So they would be rich too, just a little less But some guys rather see to have NOTHING than to have SOMETHING out of other traders idea... I mean, I personally don't care if you make billion, if I get a million, for example Some wouldn't settle for nothing bellow 1:1... and even if they do not contribute... just have an option to RIDE along.. But to each it's own... That is why I was posting so much... in hopes someone would tell me where I am wrong maybe and we can improve, both get better money But some are just looking for confirmation of their style/philosophy.. and if they do not agree, they press ignore.. And the profitability is not even a factor of them.. That is what I was asking.. why are they here.. because doing this is inconsistent with logic... Should people be here for money, many would act much differently! Chase the money, profits, regardless who took/takes the credit for it...

havo Oct 20, 2019 8:43pm | Post# 8

In trading there is money on the line.. why are you doing this? WHY you want money? what are you going to do with it?? IF you dont have a clear answer for that AND that answer doesnt burn your ass with with 105 octane fuel with pure determination then guess what? YOU ARE NOT GONA MAKE IT !!

why??

because you WILL fail a lot, your tiny ego WILL get destroyed and smashed into cosmic dust and spit back at you !! who da fack cares about what works and how? thats the most stupid shit a human can do!


again.. the ONLY reward from trading its $$ period


I fully agree with @Auricforecas with such a big forum/community that IN THEORY its looking for the same goal, if everyone band together, sharing, testing ideas and discarding what doesnt work, i can guarantee that EVERYONE involved would be making money left and right

you want to make $$ or lose it?? you want to be a ego filled dumbass forever or be able to actually withdraw money and enjoy it??

your call =)

auricforecas Oct 20, 2019 9:11pm | Post# 9

1 Attachment(s)
In trading there is money on the line.. why are you doing this? WHY you want money? what are you going to do with it?? IF you dont have a clear answer for that AND that answer doesnt burn your ass with with 105 octane fuel with pure determination then guess what? YOU ARE NOT GONA MAKE IT !! why?? because you WILL fail a lot, your tiny ego WILL get destroyed and smashed into cosmic dust and spit back at you !! who da fack cares about what works and how? thats the most stupid shit a human can do! again.. the ONLY reward from trading its $$ period...
Exactly man! Agree with every word Meanwhile found good quote from Arnold - he also quotes Michael Jordan (direct link to exact time: t=2m43) FAIL is not an OPTION... IT IS A MUST!

The real naysayers DO NOT EVEN TRY... at anything... I know some professionals (from certain professions) that are turned off by trading, by default, they can not grasp the idea that there are no guarantees, no planned path, no ass-kissing, brown-nosing way to the PROFITS... Just market... And the market doesn't care if you (anyone) were/are a GOOD BOY...reads 100 books per month or if he had the lucky strike and the only thing he reads are STRIP/comic books or MEMEs...

P.S. I love this chart bellow.. I found analogy to trading, I just replace... Happiness with TRADING SUCESS... and INTELLIGENCE with TIME/JUICE... Which would mean.. that should one spent a lot of time or have a good amount of juice... markets doesn't care if he has 10 PhDs... work "HARD" 20h a day... OR!!! Doesn't GIVE a shit.. about anything... Sleep till noon and trade what he dreamt about.. and make massive profits... And yes, I have met a guy who has extraordinary -don't know what exactly-.. pattern recognition? and can make TRADES out of NAKED chart without ANYthing (zero other tools)... and makes crazy predictions... Do not know how much of it was luck but... it seemed impressive to many (anyone that was shown certain amount of demonstrations)...
Click to Enlarge

Name: 543-4.jpg
Size: 69 KB
And f. yes.. Let's get together and MAKE BIG MONEY.. with group effort! I do not give a single shit who gets the credit as long as we are on the profit train

Macd-rsi Oct 20, 2019 9:53pm | Post# 10

nice thread with good clips "recommendations"

Many reasons:
1) FF itself like UN-United Union
2) during our abysmal ignorance, FF among the great sources of our "later knowlege"
3) we seek suitable environment as forex traders. do not expect to find us in football fields, or as shepherds in deserts.
مثل عربي: الطيور على أعشاشها تقع
Arabic proverb.
4)
5)

RobyTurboSS Oct 20, 2019 10:58pm | Post# 11

We are here because we are not succesfull in this game. It will hurt some egos but its the truth. We are not here to lose whe are here because we cant win.
maybe you...am here because is boring between a trade and another ... many will never make money because of their lack of knowledge and skills ...you can't win because 99% of you are lazy and do nothing than drawing lines on charts and using laggy tools created by the brokers(every trading platform is full of the same shit) ,all your TA looking cloned ,do you expect to be paid for such a great effort ??!??!The beauty of this game is that he doesn't allow the average Joe to be successful...

Mandariin Oct 21, 2019 12:56am | Post# 12

{quote} The beauty of this game is that he doesn't allow the average Joe to be successful...
In any game average Joe is average.
How you do one thing is how you do everything

STrading Oct 21, 2019 10:33am | Post# 13

{quote} maybe you...am here because is boring between a trade and another ... many will never make money because of their lack of knowledge and skills ...you can't win because 99% of you are lazy and do nothing than drawing lines on charts and using laggy tools created by the brokers(every trading platform is full of the same shit) ,all your TA looking cloned ,do you expect to be paid for such a great effort ??!??!The beauty of this game is that he doesn't allow the average Joe to be successful...
"It will hurt some egos but its the truth"

RobyTurboSS Oct 21, 2019 11:28am | Post# 14

{quote} "It will hurt some egos but its the truth"
The average Joe is always complaining ...the only truth is you are lazzy

STrading Oct 21, 2019 12:06pm | Post# 15

{quote} The average Joe is always complaining
You came here placing yourself as an above average joe and then complained that traders are lazy, place lines on the chart...
And then you say average joe is always complaining.
Guess we all know now what type of joe you fit in, and it isnt the average.

john0415 Oct 21, 2019 12:25pm | Post# 16

{quote} The average Joe is always complaining ...the only truth is you are lazzy
Just stay away from this shit he called roby.

ForestX Oct 21, 2019 12:41pm | Post# 17

I've been waiting for someone to put big balls in this kinda thread. Me myself been having problems with inner-self. How small ballsy I am at trading even when I get a really good forecasting while just looking at anything with any indicators because I put my own ego aside but when I need to decide whether to click Buy/Sell button. My ego starts dumping pure BS on me because of how overconfident I am and get into things too early.

Might as well trade with someone else by my side while bragging how shit my TA is for him but at least get some of the perspective on why this ACTUAL Trade can make profit's (Doesn't matter if its only couple of cents or couple of quick bucks)

Then I understood when I was trading in one of the great groups in my country how everyone was trading together and making really good F*cking profits out of the markets because everyone combined their perspective(Sadly I want to participate with not only them too see other sleepless traders who keeps tracking what are the markets are showing to them).

Everything aside for me Forex/Metals and etc what is possible to trade is squeeze the juice out of the markets to make my balance dance in profits after good week of trading. Losses are minimal to wake you up that you're LIVE trading not cuddling some demo account with decent performance and feeling fine while You can make any amount of money into triple, quadruple % profit.

RobyTurboSS Oct 21, 2019 12:47pm | Post# 18

{quote} You came here placing yourself as an above average joe and then complained that traders are lazy, place lines on the chart... And then you say average joe is always complaining. Guess we all know now what type of joe you fit in, and it isnt the average.
i built my own prop trading platform ...am running my own show without any copy / paste ... you do the math ... but as your initial statement claims"We are here because we are not succesfull in this game",i can see your frustration and you seems to be well placed in the "Dumb Money" category , the game wouldn't be possible without ... need a + and a - to produce energy , thank you for existing...And am also going to put you in your place because the avg can be contagious...Peace
PS. For your information ,people join forums to exchange information not because they loose or win...

STrading Oct 21, 2019 1:17pm | Post# 19

The thing that gets most under people skin here his saying they are not profitable, it really pisses them off.
One day i will open my mouth to a real trader and he is going to slap me in the face with a 1 or 2 year account statement and ill be fucked, till then is one or two lies, start ignoring me and move on to tell lies to other people i guess

detector Oct 21, 2019 1:42pm | Post# 20

We are here because we are not succesfull in this game. It will hurt some egos but its the truth. We are not here to lose whe are here because we cant win.
ST, an honest post, anyone who tries their hand at trading, researching, demo, strengthening their knowledge has to be respected, winning or not, the fact they take a step needs credibility, we know it's not easy but persistence can pay off, I think the response to you post has been unfair, RT, were all here trying so that cannot be forgotten, it's easy when you how (in general) so I think encouragement/help is more fitting on a site where people come for that very thing, not having a go but your post is a little insulting, I think your a great asset in trading, please don't let you ability/talent go to waste, you can make a difference, D

RobyTurboSS Oct 21, 2019 4:03pm | Post# 21

{quote} ST, an honest post, anyone who tries their hand at trading, researching, demo, strengthening their knowledge has to be respected, winning or not, the fact they take a step needs credibility, we know it's not easy but persistence can pay off, I think the response to you post has been unfair, RT, were all here trying so that cannot be forgotten, it's easy when you how (in general) so I think encouragement/help is more fitting on a site where people come for that very thing, not having a go but your post is a little insulting, I think your...
Sorry for that , i was a bit aggressive only due to his statement "We are here because we are not succesfull in this game" ,when the correct formulation was "We are here because we want to be succesfull in this game" or "I am here because i am not succesfull in this game"... i gave him a possible solution on why he is not successful ... ST made affirmations regarding an entire community ,ST should resume his affirmations only regarding own case...people join forums to exchange information, is what i think they are designed for...i used plural only because he used plural,but i can only speak for myself... i understand his frustration and nothing can guarantee success in trading, ST should use money he can afford to loose...

detector Oct 21, 2019 4:13pm | Post# 22

{quote} Sorry for that , i was a bit aggressive only because he stated "We are here because we are not succesfull in this game" ,when the correct formulation was "I am here because i am not succesfull in this game"... i gave him a possible solution on why he is not successful ... ST made affirmations regarding an entire community ,ST should resume his affirmations only regarding own case...people join forums to exchange information, is what i think they are designed for...i used plural only because he used plural,but i can only speak for myself......
Apologies to Auricforecas, looking to get this back on track, thanks RT, I liked as it was a half way one, ST gave an honest view so credit where credit due, but who would openly admit is surely worthy of some guidance, not that I'm fighting any battles but hey, if we're going to move in circles why not together, we may make the wrong statement from time to time but think we have an understanding, D

auricforecas Oct 21, 2019 4:32pm | Post# 23

I've been waiting for someone to put big balls in this kinda thread. Me myself been having problems with inner-self. How small ballsy I am at trading even when I get a really good forecasting while just looking at anything with any indicators because I put my own ego aside but when I need to decide whether to click Buy/Sell button. My ego starts dumping pure BS on me because of how overconfident I am and get into things too early. Might as well trade with someone else by my side while bragging how shit my TA is for him but at least get some of the...
Great man

BTW... glad this thread started rolling a little Appreciated... Yeah, I think you are a a good trader, at least potentially.. knowing your weaknesses... and recognising potential strengths... That was the purpose for my TP20SL20 and SINGLE STRIKE threads... To make something glorious together... Also I was talking about this... breaking trading to components and analyse strength/weaknesses... The idea is that we should group our strong points together... As I was already explaining.... I do suggest to people to break-down trades to components, like price prediction, risk management, "would price hit if wider SL" etc etc... So maybe some of you are sitting on the goldmine or oil rig and are not even aware of it! I was using same price prediction model, improved it much.. but until I adjusted other parameters... would appear I suck... but when I adjusted... everything aligned, at least some of the time.

So the main components that we should look for are: price prediction, risk management, emotional control/stability... and also some fundamentals/technicals + some technical/IT edge does help (much) sometimes we need fundamentalists/technicals - if for not other thing.. to double-check maybe and to avoid entering the trade at wrong time.. (yeah we might not know what the "right" time is... or we wouldn't be watching this very thread atm.... right meaning.. almost perfect... SL close to 0PIP... but we sure know when there is wrong (high-risk time to enter...), for example.. just before certain news with rather unknown consequences.. or even at some technical (patterns, rebounds... etc). So if i would self-analyse.. I would say price prediction, trends... would be my strong point if anything.. also in smaller timeframes.. but since it is not perfect and we want to make big money.. with leverage... TP/SL/LEV have to be set good also.. I use rather simplified variable method for this... but I am still looking if someone would show me better, more profitable way to harvest my "predictions"... I have no problem with executing the trades... I also semi-automate the ones that I can.. I am bad at watching markets all the time... do not have nerves for this... I prefer set and (temp) forget... check later.. I hope we can group ourselves to PRICE FORECASTS (breakdown to fundamentals, technicals, pattern recognition, X) and to HARVESTERS.... meaning that there would be people that would see/propose optimal HARVEST strategy... considering the predictions, market conditions, and past combinatorics, from past... at different TP/SL/LEV parameters.. BTW I under-harvested MUCH, specially in the early days... Could have pulled crazy returns... (for certain amount of time)... before I pulled out... BTW had help there... someone suggested it's time to PULL-OUT certain high-risk streak.. and I am happy I did.. it went to shit 2trades after that So we need each other... Should you people be interested, we could group like this and make INSANE profits, together... No ego man...

To others also... If you want MONEY... WELCOME.. Only one thing counts here! If you want to MAKE IT or had at least a good chance!
BTW quotes/clips below are for INSPIRATION or in other words... to get you INTO THE ZONE... After you done trading, you can ZONE yourself out and believe/preach whatever.. but it sure does help to get you into MONEY HUNGRY TERMINATOR In one of the links before (million dollar traders) people were thinking all sorts of things while trading... you should know the result....

BTW this thing seems retarded.. but many FAIL at this.. at least sometimes or eventually.. I mean just check... how many people that bring CRAZY value.. got ignored.. bits my ass... I mean I would trade by worst enemies signals.. the person I would hate as a mofo... as long as I can make money out of his forecasts, signals... but many do not understand this, do not want to... have bigger issues to deal with that are superseding wish for money.. or are just ego-tripping, trolling

Here are some epic money quotes... to INSPIRE you.. WHY are we trading...

Other People's Money (1991)
GARFIELD: I love money. I love money more than I love the things it can buy. Does that surprise you? Money, it don't care whether I'm good or not. It don't care whether I snore or not. It don't care which god I pray to. There are only three things in this world with that kind of unconditional acceptance: Dogs, doughnuts, and money. Only money is better. You know why? Because it don't make you fat, and it don't poop all over the living room floor. There's only one thing I like better: Other people's money. http://www.greatbooksandfilm.com/otherpeoples.htm
(direct linke to exact time: t=25s)
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Wolf of Wall Street (2013)
Wanna be a better person, save spotted owl ? Get money!
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Wall Street: Money Never Sleeps (2010)
Gekko says... it is not about the MONEY.. it is about THE GAME (yeah, funny, since he played in that one also
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The Departed (2006)
Can't get enough.. it's not about the NEED (only)... cracks me up
"I haven't needed the money since I took Archie's milk money in the 3rd grade, tell you the truth, I don't need the pussy anymore either. But I like it." (Jack Nicholson as Frank Costello)
(direct link to exact time: t=50s)
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I Think I Love My Wife (2007)
A little controversial maybe, for some, but hey.. maybe it might help with some dilemma
I THINK (at least) some of us paid a good price getting that lesson
Mr. Landis: You can lose lots of money chasing women, but you will NEVER lose women chasing money.
Inserted Video

auricforecas Oct 21, 2019 4:35pm | Post# 24

{quote} Apologies to Auricforecas, looking to get this back on track, thanks RT, I liked as it was a half way one, ST gave an honest view so credit where credit due, but who would openly admit is surely worthy of some guidance, not that I'm fighting any battles but hey, if we're going to move in circles why not together, we may make the wrong statement from time to time but think we have an understanding, D
Hey man, this THREAD is FREE .. as long one doesn't spam too much (with totally unrelated things - which I do not see atm) of course... I have very high bar limit for that... Any debate is good, to keep our emotions going... brainstorming.. specially if we remember now and then that... we are here for THE MONEY - that's it (the ones that aren't will ignore/block/lie/ego-trip but will most probably lose, even if they will have forecast - true story)... It is very simple, easy... but one can get lost easily... Some people (in other threads for example) start doing all other things besides thinking how could we get the money (together) and then each can do whatever the hell he wants for it

And remember.. The moment I see another thread like this.. I do not care to join this... I care 0 f... for being thread OP or whatever... I started threads due to the NEED.. because many threads were lost (in my opinion), OP starter was LOST in ego-trip, dictatorship, followers.. and forgot what the the hall is all about... MONEY... at least what is suppose to, while trading, I believe... Once we get it.. we might CHANGE the world.. but till then.. I think we should get the MONEY first.. if not for other thing... for FU position... BTW this is where I do not necessary agree with some "no PLAN B"... I prefer "FU position and then you do not NEED plan B, you have safetynet or at least a good buffer so you do not have to focus with "what if"...) BTW this FU position can be rather low.. specially if one has LOW fix costs.. VAR can be whatever... since it should be based on var profits... FIX on "fix income or buffer"... I mean like... 100k USD can give you rather good BASIC FU position... not high-life standards.. but at least... you wouldn't need to sell the ass for basics.. for quite some time.. even if you relocate for the time.. I mean trading is rather cheap... free wi-fis everywhere... and a comp.. well you get the idea Of course ideally would be to have some GOOD FU position, with good standard included
yeah... few mios but till then... I would rather have 20+ years of FU position even with BASIC life.. than to 2-5years of HIGH-LIFE... But VAR (over that) can be TO THE TILT...

FU position (money motivation:
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STrading Oct 21, 2019 5:13pm | Post# 25

{quote} Sorry for that , i was a bit aggressive only due to his statement "We are here because we are not succesfull in this game" ,when the correct formulation was "We are here because we want to be succesfull in this game" or "I am here because i am not succesfull in this game"... i gave him a possible solution on why he is not successful ... ST made affirmations regarding an entire community ,ST should resume his affirmations only regarding own case...people join forums to exchange information, is what i think they are designed for...i used plural...
I made affirmations regarding the vast majority of a community, but i will change my statement
"We are here because we are not succesfull in this game, except for RobyTurboSS"
Sorry i forgot about you in my first statement.
If anybody else feels so offended has Roby please say something i will correct my statement again.

detector Oct 21, 2019 5:25pm | Post# 26

{quote} I made affirmations regarding the vast majority of a community, but i will change my statement "We are here because we are not succesfull in this game, except for RobyTurboSS" Sorry i forgot about you in my first statement. If anybody else feels so offended has Roby please say something i will correct my statement again.
LOL, I both hope you see the funny side and make up, hope your by my side in the apocalypse,D

auricforecas Oct 21, 2019 5:56pm | Post# 27

{quote} LOL, I both hope you see the funny side and make up, hope your by my side in the apocalypse,D
Heh, nothing wrong with emotions, hope we can use one component out of emotion (energy in motion) which is "energy" into making money also In fact, I must clarify... (almost) nothing that I said in this thread or elsewhere.. is "a problem" IF also we do not forget why are we here (money) This is what money sounds like... but they do make (at lest trying) crazy money/profits while doing this.. In fact, one of the best traders are cocky af... but they do not forget why they are there.. they might work with worst enemy/competitor if they could both get money out of it... This is something that some gurus do not understand.. since they ignore/ban due to ego... and all might lose because of it, this is the bad thing... All the rest can be pretty much exiting, funny, "let me get my popcorn" sort of thing.... AS long as we also do not forget what is the main purpose of trading (as I believe)... - MONEY

So keep it coming, hope we will also make some money while doing it

auricforecas Oct 21, 2019 6:33pm | Post# 28

We can WIN, together, like this... Think about it! ONE INCH! Powerful speech AF! We might convert it to PIP... ONE PIP! Life is a game of PIPs
Maybe we could synchronise/deepfake so it would fit exactly to trading, but you get the point In fact... can do as text... fitted/replaced it to TRADING Not much adaptation needed

"You find out that life is just a game of PIPs. So is TRADING. Because in either game life or TRADING the margin for error is so small. I mean one half PIP too late or to early you don't quite make it. One half second too slow or too fast and you don't quite catch it. The PIPS we need are everywhere around us. They are in ever break of the game every minute, every second."

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RobyTurboSS Oct 22, 2019 5:46am | Post# 29

{quote} You came here placing yourself as an above average joe and then complained that traders are lazy, place lines on the chart... And then you say average joe is always complaining. Guess we all know now what type of joe you fit in, and it isnt the average.
ST i apologize to you , i misunderstood your initial statement...Peace.I am average just like the rest of us ...The above average move the market and this is not our case.

ForestX Oct 22, 2019 7:39am | Post# 30

Yesterday I was thinking about if there is a way to actually put emotions to work in Forex. For example: If you feel devastated with the trade you made and feel like out of position or fear of getting stomped by MM out of blue with a spike. So the real question came in my mind....

Can you hedge yourself with reversal trade just to have at least small portion's of profit?

People say we can't completely take off our emotions. But what if we can look at our losing strategy and just start doing everything in reverse/hedge...?

I remember someone being doing trading against herd in r/wallstreetbets. Kept watching people's DD's and just keep doing reversal trades and been taking some huge profits .Going against not yourself but against others.(Sounds cruel but it worked for him because how much BS people put out without strong opinion on their own position while calling it out 100%, even tho nothing is 100% )

auricforecas Oct 22, 2019 1:13pm | Post# 31

Yesterday I was thinking about if there is a way to actually put emotions to work in Forex. For example: If you feel devastated with the trade you made and feel like out of position or fear of getting stomped by MM out of blue with a spike. So the real question came in my mind.... Can you hedge yourself with reversal trade just to have at least small portion's of profit? People say we can't completely take off our emotions. But what if we can look at our losing strategy and just start doing everything in reverse/hedge...? I remember someone being...
Absolutely man... better believe it... Some (negative) emotions can (also) be turned into something creative... Just see certain kids from certain families... Some get destroyed by bad experience... aka under-compensate it.. but others overcompensate it and become "success" in the views of the society... This does somewhat cure them maybe... most probably still have unresolved issues but at least they used it as a drive for something BIG, maybe

About the hedge... Absolutely man, you can hedge anything This is what I am telling to people, if they believe "they" have been tracking them, just hedge it...
But yes, since there are so many losing traders (Statistically), it seems obvious one would have better chance of being profitable by hedging some random trader
You also have some gurus.. that if you track them and do the opposite, you might be driving new benz by the end of the year

auricforecas Oct 22, 2019 1:20pm | Post# 32

{quote} ST i apologize to you , i misunderstood your initial statement...Peace.I am average just like the rest of us ...The above average move the market and this is not our case.
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Let's make the money together... We can insult, cock-meassure, compete, whatever, along the way In fact, that would seem encouraging.. I would be worried when people become too good of a friends (in trading), to nice, KIND... You see where KIND traders end... "kindness" might be associated with losing.. in trading world... Only one thing count in this racket, MONEY...

Also about the black swans... The idea is to PULL-OUT before the SWAN... All experience traders know this... have the number at which they would QUIT.. The one that doesn't.. will pay HOUSE WINS lesson the hard way

The issue is when people put EGO before MONEY/PROFIT.. as you can see at some... you know where But AS LONG as MONEY/PROFIT is main objective.. meaning you are open to anyone that can increase your chances... You are on a good track or at least POTENTIAL TRACK... The ones that ignore/ban, are offended.. specially with some crazy mofos with WTF trading signals/history... are CERTAINLY gonna FAIL... if they didn't already.. and just keep on switching/ditching accounts... and give DOUBLE-meaning signals.. because it is almost ONLY UP or DOWN.. no bullshit But people give 10 double-meaning paramters in some "signal" and they say... "well yea, told you"

RobyTurboSS, just used your post to tell this, not realy intended to quote you, specially not in a bad way but for MOTIVATION, if anything

SurfsUp Oct 22, 2019 1:30pm | Post# 33

The Departed (2006) Can't get enough.. it's not about the NEED (only)... cracks me up "I haven't needed the money since I took Archie's milk money in the 3rd grade, tell you the truth, I don't need the pussy anymore either. But I like it." (Jack Nicholson as Frank Costello)
Forgot that scene. . Always can take a little more.....money!

auricforecas Oct 22, 2019 1:34pm | Post# 34

{quote} Forgot that scene. . Always can take a little more.....money!
Maybe you didn't actually forgot it, but you SAW it now.. since you are more attuned, wiser

"The movie never changes but everytime you see it, it is different, because you are different, you see different things"... CLICK

auricforecas Oct 22, 2019 1:38pm | Post# 35

BTW this guy has some good points...

  1. Life is a journey? CHECK his answer
  2. Don't think money can buy happiness? CHECK his answer

"If you don't think money can buy happiness, you don't know where to shop!"

BTW this thread, at least my part in it.. is not to MOTIVATE you like your MOM... but to DE-MOTIVATE you positively Put fire under your ass, so you wake-up, maybe

Seems people love being humiliated (by some players.. it motives them ) That might be a good thing...

What I see as BAD, at least for trading.. is when people are following losing guru, are blinded to his failing predictions and trades.. although it is dead obvious... Or to his double-meaning or DUAL (buy/sell - "win win") predictions, if lucky... AND (if) they forget what they came for... MONEY... If they would leave all the same but keep the money as still being the main objective, they might realise what brings them money and what doesn't... at least much sooner, not after 10-20years of life wasted... I think that the ones that do forget might just be looking for daddy/leader and forgot why they (supposedly) came for... So in the end they just ego-trip, ass kiss the leader (join his fight against others that might not agree to everything!).. and they are all piss-poor at the end of the day... At least the followers..


auricforecas Oct 22, 2019 3:13pm | Post# 36

ppl, and also.. KNOW YOURSELF! If you have a problem you might have 2 options.. spent 15years of your life "FIXING" yourself.. or COMPENSATE/OUTSOURCE IT...
for example... Some here, I believe are EXCELENT MONEY MANAGERS (or good analysts-traders).. When you give them BUCKS.. you know they will KEEP IT, store it, manage it... but they are so RISK AVERSE that if they would make 10EUR bet, they would LITERALLY shit themselves or faint.. And that is a good thing!

Also there you have RISK TAKERS, NUTCASES.. that are ALWAYS in DEBT.. no matter how much they earn...

And that is good, we need MONEYMAKERS and PLUMBERS... In most cases, they admire eachother.. because RAINMAKERs ussualy do not know how to or do not bother with PIPES... And PLUMBERS have no clue how to make it rain, but sure does know how to make WATER pipes (manage water)... Together they are AWESOME... And if we add TRADING/market.. It is THE DESERT! PLUMBER might DIE... his plumbing skills wold be worthless... And rainmaker might die too because it is hard to DRINK from RAIN directly... unless one would be very hardcore rainmaker but at that point... wouldn't need water anymore anyway So you got the idea... MONEY/RAINMAKER, MONEY/WATER MANAGER (plumber)... and the DESERT (markets)...

So.. what I would suggest.. IF you are GOOD at price prediction but can't execute yourself.. due to whatever reasons... BE ANALYST... SHOW/SELL your signals to someone or HIRE/COOPERATE with someone that would MANAGE the actual trades for you, by yours instructions (Before the trades) and you could instruct him not to listen to you while the trade is in motion... You got the idea...

IF you are a CRAZY trader.. that makes a lot but THROW it back to the market (losing) or just SPEND (what's in your pocket - even if millions)... get yourself some money manager, make BANK arrangement to LOCK you out of some profit, to preserve it.. or what might work very good too... GET yourself "UGLY" loyal wife that will take care of business but will still be feminine enough for you not to become... Ok you got the idea.. BTW some of the wealthiest people... said that the sweet spot for a wife/keeper is a 7/10 that thinks she's a 6/10. Sweet spot

Yeah, I believe, some of us are NUTS for BLONDE bimbos... but... if you are of RISKY personality.. this can destroy you Old recipe... 3 leading things that can destroy any man... booze, women, gambling... Specially combined.. So some get themselves "a keeper" that takes care of home, preserve at least some of the money...

There are some options, much less so (since recession 10+ years ago)... in the bank.. with immediate annuities (with inflation protection)... They still offer it, but removed some options, specially inflation adjusting part So you get the idea... Either find SOMEONE or SOMETHING to PRESERVE at least some of the money.. UNLESS you are a WIZARD that can make it rain anytime, anywhere... they of course, you could drop all the rules... like a BILLIONAIREs If you don't know or can't execute (due to emotions), find someone that can...

BTW, if you wondered why some super successful, famous people have hideous wives... They have a good value... Also I am sure you know a lot of successful men that wen't to shit due to some bad women choices Yeah, they say the sweet spot is, if you can pull it off (risky af, but holy grail, some say to have stable frugal ("uglier") wife at home... for stability/love (if you are not the stable one.. buy have beauty (bimbo) for passion/excitement, on the side that loves to spend the money - credit cards but she doesn't give you shit or ask questions Best of all worlds hehe, some believe...

Ok, here is some good MONEY advice about CREDIT CARDS + (some?) WOMEN
Inserted Video


And why do we (might) need money? Besides the FU position? TEST IN LIFE....

ForestX Oct 22, 2019 4:11pm | Post# 37

ppl, and also.. KNOW YOURSELF! If you have a problem you might have 2 options.. spent 15years of your life "FIXING" yourself.. or COMPENSATE/OUTSOURCE IT... for example... Some here, I believe are EXCELENT MONEY MANAGERS (or good analysts-traders).. When you give them BUCKS.. you know they will KEEP IT, store it, manage it... but they are so RISK AVERSE that if they would make 10EUR bet, they would LITERALLY shit themselves or faint.. And that is a good thing! Also there you have RISK TAKERS, NUTCASES.. that are ALWAYS in DEBT.. no matter how much...
That's why hedge funds have portfolio managers, psychologist (Those who support trader's mental health), traders and etc combined as a team to trade in the markets. They survive because they have all the components that stands in a role. Retail trader as a whole has to take all roles. Take care of yourself , your Risk management, Money management , P/L, position management . It's a cluster of f*ck for one person to watch everything to be in place. You can be disciplined but sometimes you get exhausted and u need to take breaks for weeks,months to at least get your shit right off the bat to make good trades instead of bad ones.

auricforecas Oct 22, 2019 4:17pm | Post# 38

{quote} That's why hedge funds have portfolio managers, psychologist (Those who support trader's mental health), traders and etc combined as a team to trade in the markets. They survive because they have all the components that stands in a role. Retail trader as a whole has to take all roles. Take care of yourself , your Risk management, Money management , P/L, position management . It's a cluster of f*ck for one person to watch everything to be in place. You can be disciplined but sometimes you get exhausted and u need to take breaks for weeks,months...
Exactly man.. The trading is so hard that one can get almost ALL the parameters/components right BUT misses the ONE component and have NEGATIVE at the end...
Not so few have "unworthy" feeling/complex so they somehow sabotage the trading (eventually) knowingly or unknowingly... A lot of factors, to be profitable, specially long(er)term... Some HEDGE FUNDS exploit this very nicely... Put a nice setup of people together into epic group.. BTW.. some people with (partial)autism might have a very good value but they wouldn't be able to execute one trade.. or at least not be profitable.. but if put in the right group, assign the right role... something miraculous can happen

That is why I am looking for cooperation because I do know what MAYBE my strengths are and what are the weaknesses or at least that I under-harvest much of signals/profits... That is why I also posted so many signals, charts... hoping someone can pull it better, I am sure there are more optimal ways to make profits out of my "predictions"...

BTW, some (de)motivation This is a vaccine before entering the market(s), everytime If one can not take this, he might be better be in the "back office"
It also seem to motivate some people Like "man-up" speech... Most liked comment (under the clip) is exactly that "Best motivational speech ever".
Inserted Video

Ef5 Oct 22, 2019 6:24pm | Post# 39

FU position (money motivation: https://www.youtube.com/watch?v=xdfeXqHFmPI
That's a great video. I watched it for the first time yesterday and I've been thinking about it ever since. The "FU position" is what we're all aiming for.

auricforecas Oct 22, 2019 6:44pm | Post# 40

{quote} That's a great video. I watched it for the first time yesterday and I've been thinking about it ever since. The "FU position" is what we're all aiming for.
Tnx, yeah I much prefer it to "no plan B" that even Arnold promotes... But he did had a construction business and went to school WHILE doing bodybuilding, so not so sure he was totally "no plan B" guy I prefer best of both worlds (for now), maybe I am missing something because of that, can't say... Also found a clip when he said (before he made it) that he wants to be GOOD actor, not BEST. I like what he is saying, just saying that I tend to be careful with EVERY advice Specially now that we know how he vented that success/pressure.. maid etc So I prefer having FU position and then go ALL-IN in whatever you want to do.. not worrying about monthly/yearly expenses... Also I believe the key is to have FIX costs as low as possible... and do the VAR for other... Or flexible FIX.. meaning that you can downgrade rather fast... to reduce FIX, if income drops.. so that you at least preserve FU position... for example assets/(monthly fix+var costs)=number of FU months Many people, even businesses, maybe much less in US than in EU... increase FIX costs.. because it might be cheaper (but not necessarily) to take a LOAN for something then to RENT.. it might very be so... but if you count flexibility in... Ok I won't go much into it.. but many businesses in the last crisis... went down exactly because of that... too high FIX... (much due to debt also)... For example... in real estate... prices didn't drop to ZERO... so if one owned something to rent.. worst case... rents drop... but if they had the (speculative) loan on the other side... for MANY real estates... it went to shit rather fast... Ok you get the idea PS those can be very "religious" debates... because, specially in EU, specially self-thouht entrepreneurs... tend to BUY and HIRE everything/everyone for every additional % of business... but IF that drops.. specially in crisis... NEG starts to BUILD quick and then bust.. In flex biz (structure) it is much easier to reduce sizes/exposure and might survive, adapt Don't want to go into this further atm.. just stated my view

Anyway, I strongly believe in the FU position... either that you have ENOUGH money for some YEARS.. best would be 20+ and while building that... it would certainly help to reduce FIX costs or at least have "flood" compartments (like TITANIC) that are designed to prevent the "flood" spread Titanic was designed to be able to float with 4/16 flooded... Anyway, the analogy I find in the house... One can have apartment, small house.. some assets and then some FU position... as oppose to getting huge mortgage for huge house... that is designed in a way that is impossible to partly rent in case of the "flood"... I much prefer either multi-apartment house, that can be designed like this in a stealthy way... but in case you get some issues, you can rent/flood some apartments/compartments.. and preserve the FU position...

That was just one example.. Similar with cars, transportation, utility... whatever...

Well yeah, I believe the IDEAL would be to have no plan B, believe in whatever, "universe will provide" and that you don't need to store anything because you drink from the river, rain directly.. but at least I am not there yet.... so till then... I prefer in this COMBO... FU position and then "no plan B".. since you don't need it, at least for quite some time.... specially if you cancel ego in the equation and have no problem lowering the standard in order to preserve the FU... BTW know also some good cases/examples from the 70s when they compared 2 people in the raising TECHNOLOGY AREA... when computers etc.. were like almost nowhere and taking a job/career in that industry was not considered good/safe etc.. and there were two guys.. one was having 0 net worth and couldn't risk with some possible rising industry... the other had some good savings... and could take a chance... and the rest is history.... Also you have much better negotiation position and "radiate" different "energy" if you have like FU position or "like I give a fuck" position... "take it or leave it".. I mean it's very hard to say "take it or leave it"... to 5k USD for example... when you have like 0 net worth and 5k USD monthly expenses Much easier with some good savings (FU) and then say.. "You don't like it, get someone (monkey) else for peanuts money"

And this FU position, low FIX costs... and then VAR that can adapt quickly.. is SPECIALLY important in TRADING because we never know what the next day (profits) will be or if there will be any profits, next month, year, ever It is much different for other industries, medicine (MDs) for example... where you can afford to take a loan, because you know you will most probably almost climb up forever... raising salary... almost regardless of the economy etc... But in trading... we do not know
if we will be BILLIONAIRES or BUMPS in a few years At least in REAL trading... aka predicting future basically.. not IB style "trading" where they just do routine shit more or less filling order, liquidity, charge fees etc..

Ok that would be from my side on the topic.. If anyone disagrees, GREAT! If I could be of help, GREAT! Up to anyone...


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