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Wanna know why a majority of traders lose?

  • #41
  • Jul 18, 2017 6:34am Jul 18, 2017 6:34am
Quoting FairTrader
{quote} Ok its fair. So help me how to trade.
Ok sir, what do you have questions about?
  • #42
  • Jul 18, 2017 6:35am Jul 18, 2017 6:35am
Quoting Ganative
{quote} Ok sir, what do you have questions about?
You are the teacher, you tell me.

12 months should get for me to stay an expert since it was the time that you took.
Okay, so we have an agreement, I want to learn how to trade.
The funniest, is that nobody takes me seriously.
  • #43
  • Edited 6:34pm Jul 18, 2017 6:36am | Edited 6:34pm
Quoting FairTrader
{quote} You are the teacher, you tell me.
Lol don't say "bye" and then patronize me in my own thread I actually thought you were going to ask me a question.

Dude. When did I EVER say I was an expert? Go away
  • #45
  • Jul 18, 2017 6:39am Jul 18, 2017 6:39am
Quoting Ganative
{quote} Lol don't say "bye" and then patronize me in my own thread I actually thought you were going to ask me a question. Dude. When did I EVER say I was an expert?
Lets see your chart
Learn, a forex trader must, unlearn and relearn he will.
  • #46
  • Jul 18, 2017 6:47am Jul 18, 2017 6:47am
Quoting COGSx86
{quote} Lets see your chart
Sorry about me hiding the info/numbers
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0572.JPG Size: 277 KB
  • #47
  • Jul 18, 2017 7:02am Jul 18, 2017 7:02am
In the end there's only one thing that's important in trading, and that's living to fight another day. When shit goes down, its almost always not like anything you've ever seen before. The goal might be to make money, but not that day. That day you should be learning, you should be fluid, and you should not assume that what was true yesterday, and what might be true tomorrow, will be true today.
  • #48
  • Jul 18, 2017 7:32am Jul 18, 2017 7:32am
What is one thing that truly makes sense from a business standpoint?

You want to make a profit. But to profit, you must sell what you're buying at a higher price than you originally bought it for. In other words, buy low sell high by looking at price action. It makes sense for ANY type of business.
  • #49
  • Jul 18, 2017 7:50am Jul 18, 2017 7:50am
Quoting Ganative
What is one thing that truly makes sense from a business standpoint? You want to make a profit. But to profit, you must sell what you're buying at a higher price than you originally bought it for. In other words, buy low sell high by looking at price action. It makes sense for ANY type of business.
i think the annoying part is you're not saying anything new, yet putting it off like it's so intellectually deep statement..

jeezus. i thought the whole point is to buy high and sell low..thanks boss!
  • #50
  • Jul 18, 2017 7:54am Jul 18, 2017 7:54am
Quoting hilmy83
{quote} i think the annoying part is you're not saying anything new, yet putting it off like it's so intellectually deep statement.. jeezus. i thought the whole point is to buy high and sell low..thanks boss!
i guess it's nobody's fault. threads like this pop up and shit just get regurgitated. I think we are sick of hearing broken records...especially from a young buck who seems to just making that discovery lol

but all in all..we need a smart motherfucker to put a new spin into common trading mantras..that's what i want to hear.
  • #51
  • Jul 18, 2017 7:56am Jul 18, 2017 7:56am
"traders" lose money because they dont know what to focus on and even worst.. they put in practice the same crap its plastered all over the internet about "trading" wich doesnt work.. "95% of traders lose money" coincidence?? 95% of topics related to trading are worthless and people keep repeating the same mistakes over and over again..


there its your answer
  • #52
  • Jul 18, 2017 7:57am Jul 18, 2017 7:57am
Quoting hilmy83
{quote} i think the annoying part is you're not saying anything new, yet putting it off like it's so intellectually deep statement.. jeezus. i thought the whole point is to buy high and sell low..thanks boss!
Lol I'm not saying anything new and that's exactly it. If the majority don't make money then why not utilize information that you claim everybody already knows? If it's not new than why don't you guys actually use it??? That's what I don't get. I'm not trying to be intellectually deep or poetic or none of that. I'm saying it how it is. I could give a shit about creating some "puzzle" for the rest to figure out. I'm literally saying it how it is.
  • #53
  • Jul 18, 2017 8:02am Jul 18, 2017 8:02am
Quoting Ganative
{quote} Lol im not saying anything new and that's exactly it. If the majority don't make money then why not stick utilize information like buy low sell high? If it's not new than why don't you guys actually use it??? That's what I don't get. I'm not trying to be intellectually deep or poetic or none of that bullshit. I'm saying it how it is. I could give a shit about creating some "puzzle" for the rest to figure out. I'm literally saying it how it is.
you honestly think that 95% of traders struggle cause they not trying to do exactly that? you're just naive as hell man...or maybe you just live in your world too long to realize this is EXACTLY what people are doing...yet they still get burned...the reason why is what will make you a profitable trader..
  • #54
  • Jul 18, 2017 8:05am Jul 18, 2017 8:05am
Quoting hilmy83
{quote} you honestly think that 95% of traders struggle cause they not trying to do exactly that? you're just naive as hell man...or maybe you just live in your world too long to realize this is EXACTLY what people are doing...yet they still get burned...the reason why is what will make you a profitable trader..
Yeah, but there is a difference between GOOD information and BAD information. If you intake shitty information than that's your fault. Nobody is going to guide you. That's why you learn by making mistakes.
That's up to you to categorize what you read and decide if it's genuine.
Lol, right. I'm naive.
  • #55
  • Jul 18, 2017 8:28am Jul 18, 2017 8:28am
I can't figure out if you are serious or just yanking our chains now.

How can a new person know what is good or bad information is, by definition they are new and don't know anything. Even so, price being high or low is near impossible to tell unless you are at a significant S&R level - and buying when the price is low generally means it's going down, which is exactly what kills people.

I can't tell you how many people I've seen buying the USDCAD over the past weeks, but it's a lot, and a lot of them lost a large portion, if not all, of their account.
  • #56
  • Jul 18, 2017 8:33am Jul 18, 2017 8:33am
Quoting Ganative
{quote} Yeah, but there is a difference between GOOD information and BAD information. If you intake shitty information than that's your fault. Nobody is going to guide you. That's why you learn by making mistakes. That's up to you to categorize what you read and decide if it's genuine. Lol, right. I'm naive.
let me give you a piece of advice here. you can either be a teacher and spur out something useful, eg how you trade, what system you are using, indicator etc. If not you will keep getting bashed by the veterans here.

I agree that you are not spilling anything useful here. Threads like these pop up from time to time. And also, young and naive is actually a sin in this business. Quit cropping screenshots of winning trades and try to impress others. What are you trying to prove? Also, you think you already crack the code by being a genius college student and found out why the majority of traders here lose money?

Try to come up with solid proof, bullet points, facts that are supported statistically/scientifically and present it here instead of stating what you think is how the majority of traders lose money.

help me here. Is this thread a GOOD information or a BAD information? What information is very useful here that i can extract from this thread? Should i listen to your fancy screenshot or should i listen to all the red flags seniors? You see where i am getting here?

Stop poisoning the new comers and give them a world full of hopes and glitters.
  • #57
  • Jul 18, 2017 8:50am Jul 18, 2017 8:50am
Let me give you guys a very simple anonym/ life example:-

You always hear about those scams like prince nigeria, old people getting scammy phone calls asking for bank information, love packaging deals... You think those people don't know that kind of things exist in the world? You think they never read it in the newspaper/internet/forums?

But the fact is these kind of things still happen daily. When you are the victim, it's like you are in a trap/maze, you can't see clearly what's happening and you just blindly do what your heart tells you to. AFTER the scam happened, you finally realize, oh, i was just being scammed!

This is almost the same like when you are in a losing trade. Do you think i don't know that i should get out? Do you think i should not cut loss earlier? Everyone knows the saying, cut your losses short, hold your winners long. But the fact is can you do it? Also, is this saying really true? Can anyone make money by holding losses and cutting winners short?

So tell me, is all the BS i am writing here GOOD information or BAD information? Can anyone become a profitable trader AFTER absorbing what i type here? lol
  • #58
  • Jul 18, 2017 8:51am Jul 18, 2017 8:51am
Quoting Ganative
{quote} Yeah, but there is a difference between GOOD information and BAD information. If you intake shitty information than that's your fault. Nobody is going to guide you. That's why you learn by making mistakes. That's up to you to categorize what you read and decide if it's genuine. Lol, right. I'm naive.
i agree with you there. this is why trading takes so fucking long to get it right. Because 95% of us come into this game without profitable mentors. We come in, not knowing shit, and we have to figure out what information is legit. That trial and error process will take years. And i think people lose in general because of that lack of stamina to push through or they just end up burning too much capital to keep going.
  • #59
  • Jul 18, 2017 8:54am Jul 18, 2017 8:54am
Quoting Ganative
Work hard and intake the RIGHT information and you will achieve your goals. That is so cliche but the more you want to learn, you will begin to understand this structured market (yes this market is structured. If you think it is random, you are confused). Continue to read and learn something new everyday. I have to say that there is only so much information you can retain before you begin to completely comprehend how to start developing a strategy to become profitable. Anymore additional information is useless. Don't make it harder on yourself.
Hi, did you mean also "right information" is to get news result before hand?
SVT refer to mql5 link
  • #60
  • Jul 18, 2017 8:58am Jul 18, 2017 8:58am
Quoting CrocodileRex
{quote} let me give you a piece of advice here. you can either be a teacher and spur out something useful, eg how you trade, what system you are using, indicator etc. If not you will keep getting bashed by the veterans here. I agree that you are not spilling anything useful here. Threads like these pop up from time to time. And also, young and naive is actually a sin in this business. Quit cropping screenshots of winning trades and try to impress others. What are you trying to prove? Also, you think you already crack the code by being a genius college...
his $100 profit is giving me reason to live...thank you..
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