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has anyone EVER seen a successful trader/trading system?

  • #21
  • Sep 15, 2019 11:20pm Sep 15, 2019 11:20pm
Quoting navycdr1
v2vboni has it! I have gained tidbits here and there from many touted systems and books and lectures but non of them are going to work for anyone else they way they worked (if they ever really did) for the author. They could not possibly transmit everything that goes on in their brains and have it received in identical manner to anyone else ergo, study, try, experiment and find what works for you. Start and probably stay small in each position, loading the boat usually ends up like the Titanic. Trying to buy a system or even subscribe to any of...
Thank you for your contribution. Any CURVE you wanna show us?
If you can't measure it, you can't improve it!
  • #22
  • Sep 16, 2019 12:06am Sep 16, 2019 12:06am
Quoting josephcom
{quote} Thank you for your contribution. Any CURVE you wanna show us?
for what ?? I tried to show my progress and nobody was interested.

Just try it yourself... everyone will think:

"it's just a $500 account"
"you are up only 10%! I want to see some 500%"
"look, your drawdown is 40%!! you should keep it below 15%"
"it won't work in the long term, you are a delusional idiot!"

  • #23
  • Sep 16, 2019 12:21am Sep 16, 2019 12:21am
There is just no humility and respect on forums...

Luckily, in real life nobody would act like that.
  • #24
  • Sep 16, 2019 12:24am Sep 16, 2019 12:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB

How can that be random?
  • #25
  • Sep 16, 2019 12:24am Sep 16, 2019 12:24am
Hi Joseph,

I would gladly like to share what I have learnt in Forex with you. It is profitable and you can have successful strategies. I just returned from the Gold Coast. Get in touch with me and next time I am there we can have a get together (probably January)!

Regards,
Hennie
+61433766547
  • #26
  • Sep 16, 2019 12:24am Sep 16, 2019 12:24am
Quoting HeyYou
{quote} for what ?? I tried to show my progress and nobody was interested. Just try it yourself... everyone will think: "it's just a $500 account" "you are up only 10%! I want to see some 500%" "look, your drawdown is 40%!! you should keep it below 15%" "it won't work in the long term, you are a delusional idiot!"
NO buddy, we're all on the same boat. Even 5% a year, but for 3 years in a row would suffice to call it something. So feel free to share that curve with us. Alternatively, you can send it to me privately.
If you can't measure it, you can't improve it!
  • #27
  • Sep 16, 2019 12:26am Sep 16, 2019 12:26am
Quoting josephcom
{quote} NO buddy, we're all on the same boat. Even 5% a year, but for 3 years in a row would suffice to call it something. So feel free to share that curve with us. Alternatively, you can send it to me privately.
Time alone mean little in forex a 3-year account can have 10 trade vs a 1-month account with 1000 which one is more credible?
  • #28
  • Sep 16, 2019 12:55am Sep 16, 2019 12:55am
Quoting josephcom
{quote} NO buddy, we're all on the same boat. Even 5% a year, but for 3 years in a row would suffice to call it something. So feel free to share that curve with us. Alternatively, you can send it to me privately.
Believe me, even if you show a 4 years history (btw, there a couple accounts on myfxbook with 3+ years of history), they'll think you got lucky or even that you are trying to scam.

I asked for proof in the past too, now I understand why profitable traders just don't post on forums at all.
  • #29
  • Edited 1:12am Sep 16, 2019 1:00am | Edited 1:12am
Quoting HeyYou
{quote} Believe me, even if you show a 4 years history (btw, there a couple accounts on myfxbook with 3+ years of history), they'll think you got lucky or even that you are trying to scam. I asked for proof in the past too, now I understand why profitable traders just don't post on forums at all.
Simple answer: there's no consistent trader at all !

One thing about MyFxBook: if you are a broker, you can simulate successful trades as many as you like to create a beautiful equity curve. Why? To fool people into paying for your system. Do some research and you'll find out what I mean.
If you can't measure it, you can't improve it!
  • #30
  • Sep 16, 2019 1:11am Sep 16, 2019 1:11am
Quoting josephcom
{quote} Simple answer: there's no consistent trader at all ! One thing about MyFxBook: if you are a broker, you can simulate successful trades as many as you like to create a beautiful equity curve. Why? To fool people into paying for your system. Do some research and you'll find out what I mean.
As I said. even with reputable brokers ppl will still think you are showing fake results.

it's hard to prove anything unless you show the actual trades with a sl and a tp, or explain your strategy so that people can test it themselves.
  • #31
  • Sep 16, 2019 1:16am Sep 16, 2019 1:16am
Quoting HeyYou
{quote} As I said. even with reputable brokers ppl will still think you are showing fake results. it's hard to prove anything unless you show the actual trades with a sl and a tp, or explain your strategy so that people can test it themselves.
And exactly that is the last thing someone with a long term working system is going to do.

Vicious circle ..
  • #32
  • Sep 16, 2019 1:18am Sep 16, 2019 1:18am
Just for fun .. my old demo stats

https://www.fxblue.com/users/heyyou
  • #33
  • Sep 16, 2019 1:20am Sep 16, 2019 1:20am
Quoting HeyYou
Just for fun .. my old demo stats https://www.fxblue.com/users/heyyou
At least you were brave enough to put something on the table. I appreciate it...
If you can't measure it, you can't improve it!
  • #34
  • Sep 16, 2019 1:21am Sep 16, 2019 1:21am
Quoting Drolph
{quote} And exactly that is the last thing someone with a long term working system is going to do. Vicious circle ..

It may be fun to share some results with fellow traders... but then you realize it's a waste of time and energy, just plain stressful.
  • #35
  • Sep 16, 2019 1:31am Sep 16, 2019 1:31am
Quoting HeyYou
{quote} It may be fun to share some results with fellow traders... but then you realize it's a waste of time and energy, just plain stressful.
Doing so from time to time - but instead of receiving credits you are beeing accused for beeing a liar, faker or any other kind of scammer. Ridiculous.

https://www.forexfactory.com/showthr...3#post12501063
  • #36
  • Sep 16, 2019 1:36am Sep 16, 2019 1:36am
Look here
I follow Robert Miner, Iīm profitable. Takes a decade of study though.
Miner was first place Futures Trader last year, this is with real money.
Yes, he sells his software and courses.I can only recommend them.
If you are that good with computers and stats. that alone should give you an edge.
10 years 4 hours a day to become a classical musician...maybe you shorten the time with your skills.
Thereīs some people making big money day trading, best I know averages a million a week, he works 12 hours a day.
My advice,go for the higher time frames, dayly, even 4 hour is a problem,too much manipulation and stop running, besides unless you donīt sleep, who will control your trades at night?


https://www.worldcupchampionships.com/standings-3
  • #37
  • Sep 16, 2019 1:38am Sep 16, 2019 1:38am
Quoting Drolph
{quote} Doing so from time to time - but instead of receiving credits you are beeing accused for beeing a liar, faker or any other kind of scammer. Ridiculous. https://www.forexfactory.com/showthr...3#post12501063
Have a laugh mate. It's all good
  • #38
  • Sep 16, 2019 2:03am Sep 16, 2019 2:03am
Quoting Abe16
1. No one has any obligation to reveal their success or otherwise. Demands to do so are really based in some sort of perverted sense of entitlement to know. You are free to accept or deny anyone's claims. There are managed accounts with publicly published results. 2. Learning to trade is a deeply personal endeavor, painful, frustrating and not done in 2 or 3 years. 3. Three years of "learning" how to trade is nothing. Most professionals with a degree spend a minimum of 4 years obtaining their degree in their chosen profession. The belief that one...
He already expected answers like this. I guess this thread is not for you....move on.
-happyTrading-myFx.
  • #39
  • Sep 16, 2019 2:06am Sep 16, 2019 2:06am
Quoting josephcom
OK, it's time for me to ask the big question! For over 3 years, I've been trying to find a long-term successful strategy in Forex, but in vain! When I say 3 years I am talking about something like 5 to 10 hours a day!!! In a way, I've wasted 3 years of my dear life that God has given to me. I am one of the best computer This is not a joke! This is about students precious life. It's their RIGHT to know, beforehand, We've heard them 1000's of times ONLY A CURVE Thank you very much. {image} {image} {image}
Hi Joseph,

You have brought a very good topic. Every word you mentioned rings bell in my ears too.

I'm eagerly waiting for answers from some "Successful traders".
-happyTrading-myFx.
  • #40
  • Sep 16, 2019 2:23am Sep 16, 2019 2:23am
Quoting josephcom
OK, it's time for me to ask the big question! For over 3 years, I've been trying to find a long-term successful strategy in Forex, but in vain! When I say 3 years I am talking about something like 5 to 10 hours a day!!! In a way, I've wasted 3 years of my dear life that God has given to me. I am one of the best computer programmers you can see in your life; I'm absolutely good when it comes to mathematics and statistics/probability theories. I have tested hundreds of different strategies (both maniacal and manual). I know all the possible answers...
Let me write this even before I read all the other replies - your post makes total sense and there is nothing wrong in what you are thinking or feeling. I have been in the fx business for many many years now but it is not my sole income generating option. I have a full time job and so far after all these yrs I have not been able to find a situation where I can earn predictable money month on month to meet my expenses.

In my opinion, any strategy would make sense including flipping a coin provided you have a big account and you trade small positions. Anyone who disagrees has either not traded for a sufficient period or are lying or are just plain lucky.
Fall seven times, stand up Eight! #GGMU
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