Pro cannot be scammed

Before we can be succeed as a trader we have to learn to be unscammable.
To be unscammable means;
1. One must learn to be knowledgeable in forex.
2. Asking the same right questions always.
3. Documentary proof is not good enough becos it can be fake and photoshopped so ask them to make live trade calls with complete entry/sl/tp. Why? so not only we know the risk factor and how accurate is he, live calls cannot be faked. The ideal minimum RRR is 2X rewards vs sl with 60% win rate
Or the very least 1X with 70% win rate.
4. Popular posters are usually the most dangerous so be very careful. They are a few honest one even tho the method is still not robust enough to be profitable.
Due diligence is absolutely necessary and no excuse whatsoever. You may not be scam of your money but you waste your precious time and energy ending with false hope.
Be smart, equip yourself with solid knowledge and if someone try to convince you that the Sun is only 1 million miles away from us and that's why we can feel the heat you must be able to know the fact that it's wrong. So learn to be knowledgeable like a pro and not just a hopeful trader.
This thread will be canned in 3 months time and don't say you are not warned.
Anybody who disagree with making live trade calls are kindly requested to move on or I will have to evict you from this thread to avoid unnecessary bickerings and unproductive mud-slinging.

Happy trading to all and may the pip fills you up.

Cheers

I totally agree with all your statements. If only there were someone like you who pointed this out clearly to me many years back.

People don't realize especially that they were given false hope while seeing fancy screenshots of winning "proofs". Even trade explorers can be manipulated now by linking to a scammy broker and linking to myfxbook. People are being brainwashed into thinking forex is so easy while the thread starter keeps collecting data and followers.

Many often asked, what did he have to sell to scam us? He's not selling anything, he's not trying to con us, he's just trying to teach us a free system. You don't like it you go away from this thread. But they don't realize there is always a hidden agenda behind the truth.

"You may not be scam of your money but you waste your precious time and energy ending with false hope. " This best describes it.

Exactly sometimes I feel its much easier to mislead them than always reminding them to be a smart trader not to be conned.
But I will try to keep on reminding them tirelessly.

Cheers

We have often read on this forum about traders making money trading in forex and its is very true that they do. However we have to further question the followings:
1. How often and how long have they been making money.
2. How much are they making per trade and how much risks do they use to make those profits.

The first question will reveal the win rate and the consistency of the winnings. The next question will reveal the risk factors ratio of the winnings. Why are they important..well its important becos we need to know whether he can sustain his winnings consistently. Winning is one thing winning sustainably and consistently is a different cup of tea. So it is imperative to know all these before you entrust your hope, time or money on those who claimed that they make money in forex. A TE or others don't show all these results but just an overall picture. Moreover documentary proofs can easily be cooked doctored or fabricated. So the next best alternative left is asking them to make 5-10 liv trade calls specifying the entry/sl/tp so just to know if they are what they claim to be. Do your due diligence and google to learn more about Risk and Reward Ratio.
Charlatans and pretenders will taunt or belittle you by saying they are not signal providers or they don't do live calls and all sorts of excuses. Never relent or compromise on this very basic requirements and you will be left to search for your own reliable answers without any distractions or easy way out.
Tips for ways to build your own robust methodology/system/trading plans:
1. Start with just one pairs preferably EU.
2. All indicators work but find one that suits you both visually and intellectually.
3. A robust plan consists of 2 main parts and the first is the plan or criteria to identify when you are to take a trade. The second and the most important is the execution plan on when and where to enter, exit and stop placement. This is where most stumbled. In short having a good plan is not enough but how where and when to trade those plan is key to success. So you often see many posters/traders post nice and impressive looking charts but not specifying or knowing exactly how to trade them. This is a vital missing link where failures or successes are being made.
4. Trading plan must be defined clearly and simple to understand, explain and follow in max 5 simple steps if not then its not a tradeable plan no matter how good or impressive it may look or sound.
5. Don't waste your time trying to learn or copy those trading systems found in FF becos most are utter rubbish but there are few which are quite good. So seek these quite good ones and tweak and restructure it to make them better in the following manner.
Don't use standard settings and standard usage but the right gems are actually found in those non standard settings and applications not found here in FF including those fabulous fibs tool. So play around and tweak with all settings and you will find the right ones if you keep working on it. One obscure method here that came quite close is the quartile method. Totally amazed not many follow up on this.

After having spent quite a long time in this public forum I have learned to realise of the wide diversity of characters with all its merits and faults populating and squatting here. Beside the usual good bad and the ugly type a good numbers are a mixed of some most bizarre behaviour with a few bordering on some form of mental deficiency or malfunction. Scammers and charlatans are running wild with egoists trying to force their views thru and the bizarre display of anger and hostility despite them claiming to be a successful trader. How on earth can one be making money and be angry at the same times? Most normally lie about their trades with after the fact entry and claim of profit just to hide their weaknesses lest they be mocked or ridiculed at. Or they just wanted to be part of a peer group or grovelling to some false gurus for some trading secret recipes or holey grails. Many have been banned and came back with new avatars and identity and playing hide and seek with Twee and his team.
So having said all these I will take a sabbatical from this memorable trading forum and I have shared some tips and experiences on how I arrived on this long forex journey hoping that some will learn from it and use them to their advantage in their struggle to be a better trader.

Hehe and peace be upon you all.
GS