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Attachments: There's no such thing as "low risk"
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There's no such thing as "low risk"

Quoting Trenderer
{quote} lol I would be more inclined to debate if you could form just one coherent sentence. But good luck playing a losing game, I sincerely hope you do not gamble away money that you can't afford to lose

unbelievable...
Maadik Hugiis. IQ 69.
Quoting OnlineAddict
{quote} No, a fact is that you are a failure and since your understanding of the world is limited, you assume everyone must be the same failure.
I'm quite successful in my own real career. The failure is the one who's selling a 500 euro EA on their twitter account because they're trying to help the "little" guy. It's clear that you have a financial incentive to sell the dream of forex profits. At best you are a failure and at worst a scammer who's preying on those who have little money to begin with
Quoting Trenderer
{quote} lol I would be more inclined to debate if you could form just one coherent sentence. But good luck playing a losing game, I sincerely hope you do not gamble away money that you can't afford to lose
I'm sorry the forex market hurt you this bad...maybe you should see a therapist instead of coming on here to make fear mongering posts to make yourself feel better about losing. I sincerely hope that you get help.
  • Post #44
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  • Edited 12:32am Sep 2, 2020 12:20am | Edited 12:32am
Quoting viptrading
{quote} I'm sorry the forex market hurt you this bad...maybe you should see a therapist instead of coming on here to make fear mongering posts to make yourself feel better about losing. I sincerely hope that you get help.
It's not me who needs help, it's delusional people like you who believe that retail forex trading can be profitable over the long term. I still have a live account and I still place trades occasionally. But I never treat it as anything more than I would a trip to the casino. I know the odds are against me and I never use money that I can't afford to lose. I'm not here to fear monger, I want people to understand the reality of forex trading and see it for what it is
Quoting Trenderer
{quote} It's not me who needs help, it's delusional people like you who believe that retail forex trading can be profitable over the long term. I still have a live account and I still place trades occasionally. But I never treat it as anything more than I would treat a trip to the casino. I know the odds are against me and I never use money that I can't afford to lose. I'm not here to fear monger, I want people to understand the reality of forex trading and see it for what it is

This is so. But not always... It is all a matter of efforts. It took me 6+ years already at 70 hours a week.

Like you, I have the comfort not to worry about my income and could afford this extra effort. The research cost me over 300k usd. Plus, because of the way the currencies market works, my business lost over $6m usd for the last 20 yrs. We made that money as real profits, but money was taken away from us by the crappy usd change rates, as we have to sell usd every month, whether we want it or not. I was very motivated to put this into an end.

Traders do think, that the buy/sell balance moves the rate. It does appear so. But it is not really. The game is quite bigger than just that buy/sell balance. We were being robbed by the exchange rate with over $6m for 20 yrs. We are a very small company. This is the real scale of a currency being cheap. These mofos are buying it all from us, as we need to sell it to operate our business. And they buy it cheap. Then, they sell it so someone else, more expensive. When the currency becomes more expensive. The buy/sell balance is joke, compared to what they are doing in real life. Racketeers. This motivated me a lot. To cut them off from our business. Now, they can only suck it from my stick's smelly end...
Maadik Hugiis. IQ 69.
Quoting Trenderer
{quote} It's not me who needs help, it's delusional people like you who believe that retail forex trading can be profitable over the long term. I still have a live account and I still place trades occasionally. But I never treat it as anything more than I would a trip to the casino. I know the odds are against me and I never use money that I can't afford to lose. I'm not here to fear monger, I want people to understand the reality of forex trading and see it for what it is
"I CaNT mAke coNsisTanT MoNEY TrAdIng sO tHat mEanS nOoNe cAN"

Dude, sorry to burst your bubble but you are fear mongering. You have no idea about the successful traders/investors that operate within the Forex market every single day.

The fact that you think it is impossible to be consistently profitable trading is a product of your own PERSONAL BIAS that comes from your past experiences which is what makes YOU the delusional one here, not the other way around.

Forex is a marketplace, not a casino. There is a huge difference. The odds are not stacked against anyone. It's the lack of knowledge and trading experience that seperates the losers from the winners here, and you are a perfect example of this.

Going through your profile I see you still actively participate in multiple threads discussing currency trading and trying to predict where price will go. Why is that? Why do you continue to even try and trade if you have already given up?

You are confused about what you even want to do and yet you come on here to judge those of us who actually know what we want and how we will get there....

Think about that for a minute.

Trading forex is only a gamble if you want to make it that way. Which someone else already tried to explain to you. Unfortunately your delusion has gone so far that there is no saving you from the pessimistic void you have fallen into based on your past experiences.

One day you will wake up and realize that either;
A. Forex trading is not for you (which by the way 9/10 people cannot trade and fail overtime based on various psychological reasons).
Or B. You want to put in the work and effort to do it consistently, and become one of the 1/10 people who make it.

If I had to bet I'd choose A in your case.
Quoting viptrading
{quote} "I CaNT mAke coNsisTanT MoNEY TrAdIng sO tHat mEanS nOoNe cAN" Dude, sorry to burst your bubble but you are fear mongering. You have no idea about the successful traders/investors that operate within the Forex market every single day. The fact that you think it is impossible to be consistently profitable trading is a product of your own PERSONAL BIAS that comes from your past experiences which is what makes YOU the delusional one here, not the other way around. Forex is a marketplace, not a casino. There is a huge difference. The odds are...
The odds are most definitely stacked against the small retail trader, that you don't realize this shows what a fool you are. You talk about successful traders but the fact is you cannot point to a single person who has been consistently profitable trading in retail forex. Yes I still participate in threads occasionally and even place trades, but I have no illusions that I'm engaging in a long term negative expectancy game. I treat it as nothing more than I would a game at the casino. To think that you can obtain some sort of long term edge in retail forex is the epitome of delusion. Unfortunately you will learn this the hard way
  • Post #48
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  • Edited 2:50am Sep 2, 2020 2:31am | Edited 2:50am
Quoting Trenderer
{quote} The odds are most definitely stacked against the small retail trader, that you don't realize this shows what a fool you are. You talk about successful traders but the fact is you cannot point to a single person who has been consistently profitable trading in retail forex. Yes I still participate in threads occasionally and even place trades, but I have no illusions that I'm engaging in a long term negative expectancy game. I treat it as nothing more than I would a game at the casino. To think that you can obtain some sort of long term edge...
I'm the fool? Ok, look. Based on your outlook on forex, and trading in general. I have, in my previous comment explained why you see things this way, and what the expected outcomes will be for you based on this.

If you do not change the way you see the market you will surely fail.

And, since you are clearly a know it all, arrogant, pessimistic, uneducated (when it comes to trading, at least) person. You offer nothing to the new trader coming into this market who is simply trying to learn and see if it is for them.

Please use Trenderer as an example of what the forex market can do to your psychology for those who cannot handle losing, to those of you reading this, some of you may end up becoming DELUSIONAL like him. This is because he cannot accept the fact that he failed and is clearly too lazy to try harder.

This, and also the fact that he cannot even do a simple google search for himself to find many many many successful traders and research papers that have been conducted on this topic.

He simply pulls his assumptions right out of his ass and claims it as factual. It's actually really quite sad.

And, to top it off you are asking me to point a profitable trader to you?

There are many, some even on this forum that you can find. But, the problem is that no proof will be good enough for you, and do you know why Trenderer?

It's because you are a hard-head. And there is no winning in an argument with people like you. Because, even when presented with solid evidence and facts you still will not believe it. Because, you are so self centered that your failures shape your view of the world.

Here, is just one example of some research that was conducted by forexschoolonline. But, just remember I am not even posting this here for you. You won't believe it, you will come up with every and any reason to go against the hard work that went into this research to try and confirm your fallacy even further about trading being the same as gambling.

I am posting this here for the ones reading who still have an open mind and will continue to try and succeed in this industry, there are many clues in these statistics.

EDIT: I added two more studies about forex success rates including successful traders below, this only took me a few minutes of searching on Google to find. I think I have made my point here.


https://www.forexschoolonline.com/fo...ry-statistics/

https://forexillustrated.com/96-of-f...s-been-busted/

https://vantagepointtrading.com/what...orough-answer/
Does anyone have this indicator to share or know the name of this indicator?
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Quoting Will777iam
Does anyone have this indicator to share or know the name of this indicator?{image}{image}{image}
This post does not belong here. Use the newbies section to make a separate thread for this. Also, I would recommend not using indicator based strategies without understanding how to trade first. (I am assuming you are new.) This will save you a lot of time.
Quoting viptrading
{quote} This post does not belong here. Use the newbies section to make a separate thread for this. Also, I would recommend not using indicator based strategies without understanding how to trade first. (I am assuming you are new.) This will save you a lot of time.
I'm new to forex factory, not new to trading buddy. Where is the new member section on this forum?
Quoting viptrading
{quote} I'm the fool? Ok, look. Based on your outlook on forex, and trading in general. I have, in my previous comment explained why you see things this way, and what the expected outcomes will be for you based on this. If you do not change the way you see the market you will surely fail. And, since you are clearly a know it all, arrogant, pessimistic, uneducated (when it comes to trading, at least) person. You offer nothing to the new trader coming into this market who is simply trying to learn and see if it is for them. Please use Trenderer as...
More delusional garbage. The percentage of those traders listed as profitable were only profitable for a particular time period or Quarter. Given enough time, they too will eventually lose all of their money. It's a statistical probability that some traders will show a profit in a reporting period or quarter. However as they continue to trade in a negative expectancy game their account balance will converge to 0 with mathematical certainty. That is a fact you will learn yourself the hard way sooner or later. Keep believing your delusions, but I will make sure to let others know the realities of retail forex trading
Quoting Trenderer
{quote} More delusional garbage. The percentage of those traders listed as profitable were only profitable for a particular time period or Quarter. Given enough time, they too will eventually lose all of their money. It's a statistical probability that some traders will show a profit in a reporting period or quarter. However as they continue to trade in a negative expectancy game their account balance will converge to 0 with mathematical certainty. That is a fact you will learn yourself the hard way sooner or later. Keep believing your delusions,...
Where are you getting your delusional claims from??

Are you just assuming these things?

Yes, it is true that the reports on some of these are including only the time that was spent trading with said firm. But wtf else do you want??

Lmao this is my point nothing is ever good enough for you losers

Prove your claims or else your posts are nothing but delusional opinions. I actually posted factual statistics you nitwit.
Quoting Trenderer
{quote}The percentage of those traders listed as profitable were only profitable for a particular time period or Quarter.
What is your point?

Quote
Given enough time, they too will eventually lose all of their money.

This is literally just an opinion that you are pulling out of nowhere with no facts to back it up. PROVE IT.

Quote
However as they continue to trade in a negative expectancy game their account balance will converge to 0 with mathematical certainty. That is a fact you will learn yourself the hard way sooner or later.

Prove it.

Oh, yeah. I forgot, you can't. Because the research isn't out there. There is research however, showing the probability of profitable accounts. This in itself proves that one can profit from trading. The fact that YOU cannot do it consistently, or don't know anyone personally who does is a logical fallacy, and has no actual weight in this argument at all.

You are so god damn arrogant it is infuriating.
  • Post #55
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  • Edited 9:22am Sep 2, 2020 9:07am | Edited 9:22am
Quoting viptrading
{quote} What is your point? {quote} This is literally just an opinion that you are pulling out of nowhere with no facts to back it up. PROVE IT. {quote} Prove it. Oh, yeah. I forgot, you can't. Because the research isn't out there. There is research however, showing the probability of profitable accounts. This in itself proves that one can profit from trading. The fact that YOU cannot do it consistently, or don't know anyone personally who does is a logical fallacy, and has no actual weight in this argument at all. You are so god damn arrogant it...
If you can't see the point then you are even more delusional than I thought. What I'm stating are simple facts. When you pay the spread on a trade and have no measurable edge you are engaging in a negative expectancy game. Given enough time and trades, you WILL lose all of your money. It is a fact that the small forex trader has no statistical edge in the retail forex market and their account balance will eventually reach 0. I know it's a hard truth to accept, especially for someone as delusional as you, but eventually you will lose all your money and wasted years of your life playing a losing game

Edit: Looking at your post history it seems you're also active in the commercial section of this site and promoting that FTMO garbage. At least now we know you're delusional at the highest order
Quoting Trenderer
{quote} If you can't see the point then you are even more delusional than I thought. What I'm stating are simple facts. When you pay the spread on a trade and have no measurable edge you are engaging in a negative expectancy game. Given enough time and trades, you WILL lose all of your money. It is a fact that the small forex trader has no statistical edge in the retail forex market and their account balance will eventually reach 0. I know it's a hard truth to accept, especially for someone as delusional as you, but eventually you will lose all...
Ok so you lost the debate. You can't prove anything you say because you have no facts to back up your claims at all.

The spread is a business cost to make a transaction. The fact that you see forex is gambling is a part of your own misunderstanding of how the market works in general.

I'm sorry you were unable to find an edge, but there are many people who have. It's ok that you don't believe us. We don't care

Also, telling me about my post history promoting in the commercial section? I have a free telegram group with many successful traders in it who trade with firms like FTMO and make money consistently on a daily basis.

I would invite you to join to try and show you that it is possible to make a living trading but your head is so far up your backside that there is no helping you.

It's ok bro, maybe you can find something else to do with your life. Trading is not for you. But, don't try and act like you have it all figured out, you have 0 idea as to how many people actually do this for real. It must hurt you to know you are to stupid to figure it out.

It's ok man, I'm sure there's some opening at your local fast food chain, that's a perfect job for a remedial such as yourself. No risk in that, guaranteed pay every week, and a lifetime supply of beef patties to feed your family
Quoting viptrading
{quote} Ok so you lost the debate. You can't prove anything you say because you have no facts to back up your claims at all. The spread is a business cost to make a transaction. The fact that you see forex is gambling is a part of your own misunderstanding of how the market works in general. I'm sorry you were unable to find an edge, but there are many people who have. It's ok that you don't believe us. We don't care Also, telling me about my post history promoting in the commercial section? I have a free telegram group with many successful...
I can guarantee there's not a single successful trader in that worthless group of yours or in that scam FTMO "firm". Don't worry about me I'm already quite successful in my own real career. You are the one who's looking for followers in a forex website in the hopes of selling to them down the road. The fact remains that the small retail trader does not have a statistical edge in the forex market. Even a delusional person like you seems to realize that, which is why you're involved in the commercial section of this site and created your useless little group
Quoting Trenderer
{quote} I can guarantee there's not a single successful trader in that worthless group of yours or in that scam FTMO "firm". Don't worry about me I'm already quite successful in my own real career. You are the one who's looking for followers in a forex website in the hopes of selling to them down the road. The fact remains that the small retail trader does not have a statistical edge in the forex market. Even a delusional person like you seems to realize that, which is why you're involved in the commercial section of this site and created your useless...
What part of I do not "sell" anything does your tiny brain fail to comprehend? I guess your brain is only able to come up with delusional conspiracy theories rather than understand fact.

I have my group to discuss trading, with other traders. FTMO (as far as I know) is not a "scam". They pay out, I have members in my room that get paid from them, and other firms such as audacity etc.

You are the one who is making assumptions here trying to slander my name.

I never once sold, or tried to sell anything on here, only tried to build a community where we could talk about actual trading since this forum response time is slow, and quite frankly I wanted to weed out the losers like yourself from entering our conversations.

You really are a sad person. All you do is assume and do not actually do any research of digging yourself to find that the truth lies somewhere in the middle.

Forex is not a scam, prop firms are not a scam. That is like saying paying for your education to become a brain surgeon is a scam. Do me a favor and research the % of people that actually make it out of med school, you would be surprised to how close those success rates are when compared to Forex, or any other high competition career choice.

The fact is, that you just are not good enough to make it, or you fail to try and learn the proper way and do the work, so you try and sit up on your high horse and claim you know it all. News flash, you do not, you know absolutely nothing about how this market works, based on your comments.
Quoting viptrading
{quote} What part of I do not "sell" anything does your tiny brain fail to comprehend? I guess your brain is only able to come up with delusional conspiracy theories rather than understand fact. I have my group to discuss trading, with other traders. FTMO (as far as I know) is not a "scam". They pay out, I have members in my room that get paid from them, and other firms such as audacity etc. You are the one who is making assumptions here trying to slander my name. I never once sold, or tried to sell anything on here, only tried to build a community...
You do a good job of slandering your own name by claiming to know of many successful forex traders. The fact is you do not know of a single forex trader who is profitable over the long term, nor will you ever. Forex is not a scam just like a casino is not a scam, but the odds are always against you and you WILL lose all your money if you trade long enough, sooner or later. And If a trader had a real edge in this market they wouldn't need to sign up with some firm on the commercial section of this site.
The graduation rate of med school may be very low, but at the end of the day there are hundreds of thousands of medical professionals in the world. You cannot say the same about forex traders, in fact you cannot say that about ANY retail forex trader. I'm not saying it's not possible to make a few thousand or even more by placing some trades in the forex market. Just realize that it was done by luck, and if you keep trading long enough you are guaranteed to eventually lose all your money.
Quoting Trenderer
{quote} You do a good job of slandering your own name by claiming to know of many successful forex traders. The fact is you do not know of a single forex trader who is profitable over the long term, nor will you ever. Forex is not a scam just like a casino is not a scam, but the odds are always against you and you WILL lose all your money if you trade long enough, sooner or later. And If a trader had a real edge in this market they wouldn't need to sign up with some firm on the commercial section of this site. The graduation rate of med school may...
So, you claim to know for a 100% fact that I do not know profitable traders, or that I am not one myself? Do you know what you call what you are experiencing? This is a delusion my friend, you do not know me or who I know. You can ASSUME that you know things, but that does not make them true. This is the difference between facts, and opinons.

Also, even if I personally did not know any successful traders, that does not prove anything either. I already posted many research studies on the matter, you sir, have posted nothing other than verbal diarrhea, full of confirmation biases, and logical fallacies, which you use to try and soothe yourself to feel better because you clearly suck at trading.

You keep repeating the same things at this point, there is no point of me even debating you anymore.

You cannot prove anything that you are saying, but I can. I can prove it many times over.

You say there are hundreds of medical professionals all over the world, and not Forex traders? Look around you, there are many successful traders, nowadays you can even go on YouTube to find many who show proof, but the problem with jealous haters like yourself is that nothing is good enough, because you cant fathom the idea of someone succeeding at something that you failed at, and that is the truth.

What you are doing when you claim these traders are liars, or thieves, is the same thing as you going to your doctor and claiming he is a sham and asking him to prove his credentials to you. Claiming that he only graduated and became a doctor due to "luck", and one day his license will get taken away. You, my friend, are deluded, or at the very least misinformed.

So, unless you are going to post any actual EVIDENCE to support your ridiculous theories, I suggest you stop making a fool of yourself on here.

There is still hope for you man, if you want to change your way of thinking, but I just don't think you are ever willing to admit that you are wrong.
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