99% represents 99% of traders fail to make CONSISTENT profits more than a year (more than 4 continuous quarters) 71% is unclear, because the author did not dive into the specifics of the time-frame these surveys were taken. But I assume the survey ...

The exact reason why i made that poll was to make a quick survey whilst the thread is still hot. And that's the proof ya need to make THE CONCLUSION on what I was rambling about in the beginning of this thread. But hey, if you don't believe in ...

What does the 95% have in common? They daytrade, it's that simple. NB: Check the poll

Hi Barrg1, 1 sentence for ya: A best case-scenario-ed careful planning without any judgement with the worst case scenario does always sound good on paper. Regards, R

Hi ccrkk10,, Sorry but now you are just being ignorant. You say that trading has a chance in the long run, what % can give me? Also you say blackjack isn't profitable in the long run, show me your proofs. I say blackjack & trading isn't profitable ...

Hi ccrkk10, And what in the world makes you think that there is no "dealer" in the market? Isn't broker the "dealer"? Doesn't big banks hunts your stops? Doesn't HFTs have the time (faster information) edge over you? I can go on and on. There are ...

It's easier to take on the newbs isn't it? All they do is gambling, and dont have a strategy, just hunches.

Long Term Trend.

Hi GEfx, Well, to object your opinion, I've collected all the research you can read on this post. I do not know where you came out with that 98% fail rate, whilst the studies shows that the fail rate is much higher than what you subjected. (the fail ...

Hi PeterCaleb, No offence, but I seldom reply to this kind of slow-witted arguments, but I'm not doing anything right now. Anyways, You are perceiving it as a noun, I was implying it with an adjective. What happens to the majority's emotion after ...

Listen, Market never changes. Human Nature is still the same then and now and since Mesopotamia. The only difference now and a hundred years ago is the scalability -meaning, now more people have access to the market with relatively low initial ...

increased in short selling activity on GBP by the Institution. (non-commercial) currently having a short position on GBPCHF & GBPJPY. CHF there are more buying on CHF (15,690) than there are sellers (12,445) JPY (increased buying from the ...

Hi HeyYou, I wish to share my subjective opinion: If the market is rational then there is no market for fx & commodities, for in a hawkish market every speculator would be buying and none will be selling. After all, it's a zero-sum game. Only ...

A man is subjected to his own convictions -that is, either through his studies & experience or tips from Mr. IFlip$10To$10KInOneWeek- , this is the very reason we argue about things that goes no where. A Ranging Conversation. A man is blinded by his ...

The "brutal truth of day trading" is not a thread whereby I stark the more inferior style of trading. It is just to expose my due diligence -because little does it- on how rare profitable day traders there are. The widely acceptable day trading fail ...

wow! amazing stats! low drawdown, great profit factor, nice sharpe ratio and a very very good recovery factor + never seen a system with >0.10% APHR GHPR excellent post! fan of your work. is this diversified or just one EA?

Here are my stats from February 2021 till to-day (still a short period of time I know, will update after a year.) discretionary, swing trading, I buy on breakouts, trend following. the reason why my trend following has relatively high win rate and ...

Hi HeyYou, First and foremost I never stated that "my trend following strategy" works better than other strategies. What I was stating was the shy number of people that are profitable day trading that really make money (bank teller's first salary as ...

Hey Starvin4Pips I reply to your reply just because I want to "bookmark" it. I agree to a T with what you said.