Disliked{quote} No need to meet any. Logic alone will tell you they don't exist "long term with consistent results"Ignored
Trade What You Know and Know What You Trade 4 replies
Does any know any Forex Brokers that offer Forex Futures? 0 replies
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do you know of any investment / stock journal performance sharing sites? 3 replies
Any One Know Any Trusted And Registered Mt4 Broker 9 replies
Disliked{quote} No need to meet any. Logic alone will tell you they don't exist "long term with consistent results"Ignored
Disliked{quote} I'm not sure why you post on a Forex forum if you're so skeptical about long term success in this endeavor? I know 3.. of the 3, I've met 2 and know 1 personally... long term, million$+, successful traders who did not start out anywhere close to being millionaires. Whoever said they wouldn't post on forums like this because of the negativity is correct. Too many people come here looking to be spoon-fed and feel entitled to everyone's secrets.. don't want to go on an off-topic rant here though.. so.. To the original poster, yes.. and like...Ignored
Disliked{quote} Ed Seykota, Richard Dennis and Larry Williams are successful traders...Ed Seykota was using a trend following approach, Richard Dennis was using a simple trend following strategy... "Larry Williams won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (10,900%) in a 12-month competition with real money." Source: Wikipedia I might agree with you about Soros and Kovner as investors, but Williams, Dennis and Seykota were never investors and they were traders like...Ignored
Disliked{quote} It's obvious that short term success is possible. There is ample evidence for it. On the other hand ... long term success AND in the millions seems to be non-existent. Considering the countless thousands upon thousands who have tried over the years for many, many years; long term success should be a lot more prevalent and easy to find. However, the word is always hearsay (I know someone, who knows someone ...) and / or the forex millionaires are out there but they stay hidden "because of the negativity" Occam's razor... the simplest explanation...Ignored
QuoteDislikedOccam's razor... the simplest explanation is usually the correct one.
DislikedI know a millionare forex trader, but he used to be a billionare before he started!Ignored
Disliked{quote} The conclusion you may draw from that is that success is an incredibly difficult feat. I don't think anyone would disagree. {quote} You also misapplied Occam's razor; which states that simpler theories are preferable to complex ones saying nothing of correctness.Ignored
Disliked{quote} Whether or not it is simple or complex, it says nothing of its correctness.Ignored
Disliked{quote} Yes it does, it's a problem solving principle. basically, complexity should be added to the theory only if the simpler answer is not correct.Ignored
Disliked{quote} Occam's razor simply states that one should not explain using a complex theory when a simple one is sufficient. It says nothing of correctness. Back on topic; consider the following statements: 1. It is possible to produce a profitable trading system and verify its long-term profitability through backtesting 2. It is possible for someone to have adopted such a system Therefore, if both are true, long-term profitable trading is possible.Ignored
DislikedHi Folks. Do you know any millionaire or multimillionaire forex trader in person? Seems so hard to find one... Thanks in advance, MrJinks.Ignored