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  • #61
  • May 9, 2018 8:49pm May 9, 2018 8:49pm
Quoting dukas_trader
Hidden
Having problems with you? You say I'm a scamer when you have no proof and insult me. I never once advised anyone to trust me or take the time out to care about me. I give useful tips to people like you criticize? What have you done besides going around and criticizing the advice, the encouragement of the other members? Ignore and report you. Goodbye
  • #62
  • May 10, 2018 7:03am May 10, 2018 7:03am
Quoting Lvpsr
{quote} Having problems with you? You say I'm a scamer when you have no proof and insult me. I never once advised anyone to trust me or take the time out to care about me. I give useful tips to people like you criticize? What have you done besides going around and criticizing the advice, the encouragement of the other members? Ignore and report you. Goodbye
you posted this complete wrong bullsbit and big wrong facts!

i told you you are a scammer or very very easy to scam because you are total unexperienced trader.
only 1 can be true, you have at least big problems with what you write and have extrem misleading wrong facts inside (and looks like even when you rethink about you cant find your easy to see mistakes). it is not fair from you to mislead other people, when you dont know what you speak about, so simple!

funny that such misleading person like you will report someone, who is doing very negative facts to this forum with this kind of 100% wrong information (you do it by knowing or not knowing, i cant say). at least learn the bascis, then start helping people. how you will help someone with tips that are wrong or when you dont know it for your own?
  • #63
  • May 10, 2018 10:22am May 10, 2018 10:22am
Quoting dukas_trader
{quote} you posted this complete wrong bullsbit and big wrong facts! i told you you are a scammer or very very easy to scam because you are total unexperienced trader. only 1 can be true, you have at least big problems with what you write and have extrem misleading wrong facts inside (and looks like even when you rethink about you cant find your easy to see mistakes). it is not fair from you to mislead other people, when you dont know what you speak about, so simple! funny that such misleading person like you will report someone, who is doing very...

Great post Dukas.

Your one of the good people on here.
  • #64
  • May 10, 2018 2:13pm May 10, 2018 2:13pm
Quoting genghistar
{quote} I am glad you think he is a successful trader which I am sure there are but for me to be fully convinced maybe you like to invite him here to make 10 live trade calls with a minimum RR of 2x together with me. I will be honoured and a privilege to be able to make live trade calls together with him or any other successful traders. I am ready and always available for them. Cheers GS
so successful is anyone who fits into your definition?
what if someone makes money without giving a damn about RR 2x?
while i dont see any benefits of giving signals, as i cant see how scalping would go with you, dwe213 (and few others from here) had the "luck" to get a bunch of my live calls in his chatroom a while back, and since happen to have a live TE running for a while, it was very easy to cross reference what was called and what was the results.

not your kind of "successful" to be sure...but that only proves you cant define success in only one way! (RR, really?WTF!, lol)
there is always, always another trade!!
  • #65
  • May 10, 2018 2:52pm May 10, 2018 2:52pm
someone here in FF; claim to have made 88 millions trading Forex using 500 lots per position.

he had so much money he started buying gold bars.

his username is dancingphil. read his profile to get more info.
  • #66
  • May 10, 2018 3:26pm May 10, 2018 3:26pm
Quoting alphadude
someone here in FF; claim to have made 88 millions trading Forex using 500 lots per position. he had so much money he started buying gold bars. his username is dancingphil. read his profile to get more info.

There is another guy who is Greek

Hes trades over 1000 lots

Still posts and show you his method

Very rich

https://www.forexfactory.com/showthread.php?t=236210


What do you think ?
  • #67
  • May 10, 2018 3:41pm May 10, 2018 3:41pm
Quoting goose4
{quote} There is another guy who is Greek Hes trades over 1000 lots Still posts and show you his method Very rich https://www.forexfactory.com/showthread.php?t=236210 What do you think ?
lol; if he is very rich; then he would not be posting to FF
  • #68
  • May 10, 2018 3:41pm May 10, 2018 3:41pm
Quoting alphadude
{quote} lol; if he is very rich; then he would not be posting to FF

Correct

Hes a scammer
  • #69
  • May 10, 2018 4:32pm May 10, 2018 4:32pm
Successful Forex traders is difficult to found in Forum communities. ( please don't take it personally , i said according to my experience )
  • #70
  • May 10, 2018 4:47pm May 10, 2018 4:47pm
Quoting tylerbose
Are there any successful RETAIL Forex trader out there?
If retail traders are succesfull most of them won't hang around on forums like these, I think. Why would they, except for sake of socializing.
  • #71
  • May 10, 2018 5:11pm May 10, 2018 5:11pm
Quoting dogdays713
if you are right then everyone on forex factory is a loser just by being here.

Well There are lots of forums for roulette players

They believe the same thing as your statement. Few people win but no proof ?

All markets, including forex, are too efficient for anyone to ever make money from it.
The movements in forex follow a random walk. No one, not retail traders, not big banks, not even insiders, can predict where the market will go. Everyone who speculates on the forex markets will lose money. Out of 100 trades, they will make money half of the time, and lose money half of the time. However, they will lose slightly more than they gain, because of the transaction costs.
This has been proven for 30 years, by market researchers like Brian Malkiel, Eugene Fama and etc.
Forex is just not a zero sum game. It is a NEGATIVE SUM GAME when you add in the brokerage costs.

To prove my notion.
A recent New Zealand study has researched over 10000 technical analysis systems. NONE of them, and I repeat, NONE OF THEM, had positive expectancy. All of them lost pretty much close to the market edge, or the cumulative brokerage costs (what casino gamblers would call the "house edge")
This is in addition to the hundreds and hundreds of studies carried out for the past century. NONE OF WHICH ever proved that technical analysis works.

Please google this study and learn.



These guys like the Greek guy are scammers or brokers pretending to be someone for an agenda
  • #72
  • May 10, 2018 5:16pm May 10, 2018 5:16pm
Quoting goose4
{quote} Well There are lots of forums for roulette players They believe the same thing as your statement. Few people win but no proof ? All markets, including forex, are too efficient for anyone to ever make money from it. The movements in forex follow a random walk. No one, not retail traders, not big banks, not even insiders, can predict where the market will go. Everyone who speculates on the forex markets will lose money. Out of 100 trades, they will make money half of the time, and lose money half of the time. However, they will lose slightly...
Yeach... Every hobby costs money right?
  • #73
  • May 10, 2018 5:38pm May 10, 2018 5:38pm
FF user profitfarmer is successful trader with proven track record.
  • #74
  • May 10, 2018 5:47pm May 10, 2018 5:47pm
Quoting goose4
{quote} Well There are lots of forums for roulette players They believe the same thing as your statement. Few people win but no proof ? All markets, including forex, are too efficient for anyone to ever make money from it. The movements in forex follow a random walk. No one, not retail traders, not big banks, not even insiders, can predict where the market will go. Everyone who speculates on the forex markets will lose money. Out of 100 trades, they will make money half of the time, and lose money half of the time. However, they will lose slightly...
I agree its hard to make money consistently in Forex or any other financial market, but there is a chance, if you are disciplined and have some kind of clear strategy.
Random_Impatient_Trades
  • #75
  • May 10, 2018 7:10pm May 10, 2018 7:10pm
Quoting goose4
{quote} Well There are lots of forums for roulette players They believe the same thing as your statement. Few people win but no proof ? All markets, including forex, are too efficient for anyone to ever make money from it. The movements in forex follow a random walk. No one, not retail traders, not big banks, not even insiders, can predict where the market will go. Everyone who speculates on the forex markets will lose money. Out of 100 trades, they will make money half of the time, and lose money half of the time. However, they will lose slightly...
Well to be fair, there were studies published which found TA rules to be profitable. In fact, there is very mixed results in the academia world with regards to the profitability of TA, each study have their procedures which may varies the period studied, asset studied, commissions, evaluation method. But by and large the research so far are not able to prove beyond doubt that TA rules are profitable.
Thats not to say I support TA of any sort. In fact, Im a huger dis-proponent of TA. But just to point out a possible bias/narrow view from citing only one study.
I look for value wherever it can be found
  • #76
  • May 10, 2018 7:50pm May 10, 2018 7:50pm
In my experience there are so many Successfull( Consistent Profit)traders are there ,but they not show themself.if u search in mybookfx ,zulutrade,etoro social book,so many ways to find the persons,but what is the purpose to find those people ? try to improve the trading skills,cut the Greedy mind,follow the proper money management ,maintain the Risk : Reward ratio ,watch the market fundamental,note the technical move ,manage the suffiecent funds ,one day u will become a successfull trader.


https://www.hotforex.com/sv/en/contest/vip.html
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  • #77
  • May 10, 2018 8:41pm May 10, 2018 8:41pm
Quoting profitfarmer
{quote} so successful is anyone who fits into your definition? what if someone makes money without giving a damn about RR 2x? while i dont see any benefits of giving signals, as i cant see how scalping would go with you, dwe213 (and few others from here) had the "luck" to get a bunch of my live calls in his chatroom a while back, and since happen to have a live TE running for a while, it was very easy to cross reference what was called and what was the results. not your kind of "successful" to be sure...but that only proves you cant define success...
I don't really know why you are upset with my post . If my definition of success peeves you then I am sorry and respect your opinion. If you believe you are successful without considering risks and rewards then good luck and hope you continue to be successful.
Anyway by logic you should be a happy and satisfied becos you are making plenty of money as a successful trader so again I see no reason for you to be upset with other definitions of success. Hehehe.

Cheers
GS
  • #78
  • May 10, 2018 10:18pm May 10, 2018 10:18pm
Quoting genghistar
{quote} I don't really know why you are upset with my post . If my definition of success peeves you then I am sorry and respect your opinion. If you believe you are successful without considering risks and rewards then good luck and hope you continue to be successful. Anyway by logic you should be a happy and satisfied becos you are making plenty of money as a successful trader so again I see no reason for you to be upset with other definitions of success. Hehehe. Cheers GS
I think you read it wrong. I am not upset. It was a counter opinion on how to define things that are far from uniform.
Risk and reward IS considered as should, the comment was about that it can't just simply be defined that RR 2x ( your example) is a definitive definition. One can happily jog along making RR 0.5x or less per trade and be just as profitable overall.

Another notable thing, what you -maybe a little arrogantly?- and others so very often he wrong in my opinion:
It is not necessarily making 'PLENTY' money.......it is about making enough.
Successful for me equal to make a decent living. In trading, or from anything for that matter.
Happy doesn't directly derive from the money. I am satisfied with what I make, and excited about the future opportunities.

Especially considering the visible failure rate around.
Somewhere was stated that 50% of Americans are in debt, and by definition not having debt +1$ in savings place you in the top 50% financially.
If you born in a developed country, likely the government social security handout alone will place you to the top 30% of the worldwide income!
The same notion, likely just making some profit consistently will place a Forex trader to the top 20% of Forex traders.
Probably the lack of quantifying successful adds to the confusion.

Plenty of money probably better describe the stars, trader or otherwise. Maybe the top 0.01%?
there is always, always another trade!!
  • #79
  • May 10, 2018 10:39pm May 10, 2018 10:39pm
Quoting profitfarmer
{quote} I think you read it wrong. I am not upset. It was a counter opinion on how to define things that are far from uniform. Risk and reward IS considered as should, the comment was about that it can't just simply be defined that RR 2x ( your example) is a definitive definition. One can happily jog along making RR 0.5x or less per trade and be just as profitable overall. Another notable thing, what you -maybe a little arrogantly?- and others so very often he wrong in my opinion: It is not necessarily making 'PLENTY' money.......it is about making...
Thank you and I appreciate your detailed perspective. Nobody and ofc me included has a monopoly on knowledge and more importantly the awareness of using that knowledge to live a live that benefit oneself. A difference opinions and views are very normal and necessary to find our own standing and principle.
Anybody can claimed success if success means his live gets better and his family is well clothed houses and fed. I totally agreed with this and hope that the better quality of live will last forever.
Our definitions of success differ and that's it. Be happy and carry on to make those money. I for one is very happy to see you to continue happily making money.
Hehe

GS
  • #80
  • Last Post: Jan 8, 2021 12:21am Jan 8, 2021 12:21am
Quoting goose4
{quote} Correct Hes a scammer
Wait Kostas1 from CHOROS System is a scammer..? I've just spent a lot of time trying to understand his system .
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