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Forex - A negative sum game for losers

  • #161
  • Edited 4:51am May 25, 2018 4:36am | Edited 4:51am
Quoting HudithePfupf
{quote} This quote from March 2018 shows me that you have a serious problem, yanetjellen. You are already in full in wasting your precious time mode and show typical sign of developing or already having a serious gambling addiciton. Please talk to friends or family members about what you are doing and let them reflect on it. They can help you finding an exit. If you hide it from them it will sooner than later start to impact your most important relationsships.

Yet i had enough sense to play small when i was learning and have already recouped all my losses and then some...Because i worked hard and didn't give up instead of coming here and crying like you all day...Now my profits are through the roof and you still can't make anything lol..This is where you losers fall short in thinking there's somehow riches that will just fall into your lap without RISK...Once you learn how to RISK then you will be able to make money..Until then you will be in the loser bracket with the rest of the "only risk .5%" of your capital crew...I lost in the beginning because i was new and misused leverage...not the brokers fault or anyone else's fault but my own..stop spreading your lies when you've never made a dime to begin...you have no idea what it does or does not take to make it in Forex...Here are my stats for 3 days of scalping...Something else you losers say is impossible..Have you ever had results half this good? Unlikely:

https://i.imgur.com/q7PJG9M.png?1
  • #162
  • May 25, 2018 4:45am May 25, 2018 4:45am
Quoting yanetjellen
{quote} Yet i had enough sense to play small when i was learning and have already recouped all my losses and then some...Because i worked hard and didn't give up instead of coming here and crying like you all day...Now my profits are through the roof and you still can't make anything lol
You simply have to ignore the haters praising all their negative "facts" over and over. They conclude for everybody based on their own failure. Problem in this discussion is that profitable traders need to "prove" their success.

But why should I? I expose my own hard work to risk of copying and exploiting just to calm haters down? sure..
  • #163
  • May 25, 2018 5:01am May 25, 2018 5:01am
Quoting Drolph
{quote} You simply have to ignore the haters praising all their negative "facts" over and over. They conclude for everybody based on their own failure. Problem in this discussion is that profitable traders need to "prove" their success. But why should I? I expose my own hard work to risk of copying and exploiting just to calm haters down? sure..
Look at some of my stats i posted above...I got that from putting in sometimes 24hr+ days studying and trading and pushing to the very limits of my soul because i truly want it that badly..Do you think crybaby thread starter has ever put in that kind of effort for ANYTHING? I seriously doubt it.
  • #164
  • May 25, 2018 7:45am May 25, 2018 7:45am
Drolph, yanetjellen...

Would you please fish, play and finally grow up somewhere else and not in my thread?

So you made 194 USD ond 500 USD using high leverage and claim to be a hero, after you have margin called several accounts, seriously?
I mean this is so ridiculous it's real life comedy! I am afraid to tell you that your chance of winning is even far below the 0.2%......

Every just minimally experienced trader can immediatelly tell what is going on in your account.
  • #165
  • Edited 8:34am May 25, 2018 8:08am | Edited 8:34am
Quoting HudithePfupf
Drolph, yanetjellen... Would you please fish, play and finally grow up somewhere else and not in my thread? So you made 194 USD ond 500 USD using high leverage and claim to be a hero, after you have margin called several accounts, seriously? I mean this is so ridiculous it's real life comedy! I am afraid to tell you that your chance of winning is even far below the 0.2%...... Every just minimally experienced trader can immediatelly tell what is going on in your account.

I'll be waiting on any of your live trading stats that qualifies to speak on what it takes or what is and is not possible in Forex.. Or half as good as i've presented with any amount of leverage/account size...And i margin called a few 50 dollar accounts when i was new...so what..Also i didn't start with 500 dollars genius..That's the whole point to using high leverage, to take small amount of capital to large capital without starting with a large sum of money....are you retarded? Once again i tell you to stop spreading you lies because you are a terrible trader and never took the time to find a way to win. Because you and i both know with any amount i will trade circles around your best day..And i'm just a beginner by most time standards...Those stats were just from the LAST 3 days...Also would you like to see my stats for a much longer duration and then tell me i do not know how to win?
  • #166
  • May 25, 2018 9:31am May 25, 2018 9:31am
Quoting yanetjellen
{quote} Because you and i both know with any amount i will trade circles around your best day..And i'm just a beginner by most time standards...
Oh boy.... be aware the next lesson life will teach you will most likely cost 500 USD.

;-)
  • #167
  • May 25, 2018 3:12pm May 25, 2018 3:12pm
Hi all

What can I say, you will find as many opinions and systems as there are traders.
regrettably there are more losers than winners, but then as somebody said earlier the winners do not normally brag about their winnings.
We have all experienced spikes etc, etc. The trick is to overcome these things by knowing how the other party trade, obviously that takes a lot of work.
If I make any suggestions here I will face a bombardment of opposing opinions, mostly why what I am doing is wrong in somebodies opinion.
One thing is certain, I do not feel bad about winning because I trade against likeminded people who have the same idea as I and that is to win. Some days they take some of my money and on other days I take some of their money.
My advice is to use a system that you are comfortable with, you can not trade if you are uncertain of what you are doing, YOU DO NOT TRADE THE MARKETS< YOU TRADE YOUR BELIEVES ABOUT THE MARKETS.
My opinion is that the biggest reason most traders loose is because of the SL. Learn hoe to use them or do not use them at all. I rather use I limit order and trail that behind my trade, then rather than my trade getting stopped out I have a hedge trade. Immediately somebody will argue that you have the same effect by stopping out and open a new trade in the opposite direction.
As I say I am not here to argue with anybody since I am not trying to convince you of anything.

I wish you a happy trading future.
  • #168
  • May 25, 2018 4:18pm May 25, 2018 4:18pm
Quoting Silver
Hi all What can I say, you will find as many opinions and systems as there are traders. regrettably there are more losers than winners, but then as somebody said earlier the winners do not normally brag about their winnings. We have all experienced spikes etc, etc. The trick is to overcome these things by knowing how the other party trade, obviously that takes a lot of work. If I make any suggestions here I will face a bombardment of opposing opinions, mostly why what I am doing is wrong in somebodies opinion. One thing is certain, I do not feel...
good argument, but funny for you, that you really know that you have with hedging same like with stopout/stoploss, only more expansive (in most way). so to mention that people know this is stupid. thats normal thats this is mentioned when someone use hedging and think is not same then stopout/stoploss, only more complicated. and this is 100% objective, nothing you can say can change anything in this, its simple basic math logic and total basic of trading.

so telling the people not to use a stoploss is the biggest reason for losing (whats a big stupid opinion of beginners normally) is funny, when you same time have always a stoploss with your hedge trade, you only call it different but all is same. you really need first to learn the basics (trading and math) before you write so much text, that is opposite to what you say and is really really looking funny. you are extrem misleading with this big mistakes, because maybe some beginner will believe in this bullshit and dont see your extrem mistakes and how funny wrong your text is!
  • #169
  • May 25, 2018 5:02pm May 25, 2018 5:02pm
Quoting HudithePfupf
The regulators are finally starting to get the whole picture of the extreme harm to society the forex industry .
what a silly thought to think that there's something out of control was built and runned by a smart creatures!!

everything is under control

have fun with ur rulers
enjoy
Inserted Video
  • #170
  • May 26, 2018 4:41am May 26, 2018 4:41am
Dear Dukas Trader,

You prove the reason why I do not post much on these forums. I said I am not hear to argue with somebody or to prove anything to anybody, yet you choose to attack me and called my suggestions "stupid suggestions from beginners"

First of all the tread owner started this tread about spikes, slippage and other ways in which traders loose money and ask for discussions around that.

Clearly you have 20 times more posts than me so you must know better how to read a tread and understand what somebody is saying before going on the attack.

Read my post again, I clearly state that you must know how to use a stop (or not using a stop at all, and then gave one example of an alternative) Yes in your superior mind you obviously know exactly how I use a hedge, in that case since you have access to my mind you will know that I do not use a hedge in the normal way.
Any case incase your mind is not that big, my suggestion is use a stop loss IN THE CORRECT WAY or if not a stop loss, some other method that does protect you, I hope that is clear enough.
  • #171
  • May 26, 2018 4:47am May 26, 2018 4:47am
Quoting HudithePfupf
{quote} Oh boy.... be aware the next lesson life will teach you will most likely cost 500 USD. ;-)

Just let me know when you are ready to learn how to beat the markets with small amounts of capital and i will teach you free of charge
  • #172
  • Edited 5:50am May 26, 2018 5:39am | Edited 5:50am
Quoting Silver
Dear Dukas Trader, You prove the reason why I do not post much on these forums. I said I am not hear to argue with somebody or to prove anything to anybody, yet you choose to attack me and called my suggestions "stupid suggestions from beginners" First of all the tread owner started this tread about spikes, slippage and other ways in which traders loose money and ask for discussions around that. Clearly you have 20 times more posts than me so you must know better how to read a tread and understand what somebody is saying before going on the attack....
thats the problem with beginners like you.
you speak about thinks, but you dont like to learn the basics.
and same time with your total big mistakes you are misleading people, and then you say "You prove the reason why I do not post much on these forums." no , you are total wrong in this point , you are not able to see it. in no way you can be correct, because any trading basics and any trading math logic would have show you ,you are wrong. whats so difficult always in this extrem easy beginner topic with heddging that so many beginenrs like you dont get it correct, ok you need some bacis math logic, but any school should learn this good enough. rest is total logic easy by write it donw on a paper oto compare both ways and you should find you mistakes easy.

but really, your joke was big. saying that people lose because using Stoploss (what really shows me you are not only a beginner, you really dont like to learn basics and have not the best trading edge) and same time hedge a trade (what really any beginners knows is 1:1 same like Stoploss, only more complicated and often more expansive) was one of the biggest jokes maybe someone did in this forum. beginners like to hedge, then trade is still open, so no loss . thats the faszinating in hedging, people look at balance and not in equity, and so stupid people start hedging, because they dong know better. when you get out of the beginner level you will learn equity is only important (balance never ever to look ) and any time you look at a trade, you decide this trade should be open now (or you would close the trade) and any money is already booked in what this trade has (loss or win), so from this moment the trade is new always and next time you look at it, this new value is new win with the trade. but this you will understand later. ofcourse this is far of the basic beginner chance risk value calculation what noone use later when he left the beginner level. then you trade the market , not levels you decided before.

i really like people with arguments, so in this point you are total ok. but you cant speak about such an easy beginner topic so wrong, thats not fair to beginners who read here and then maybe believe in your 100% wrong arguments you write here. maybe in other topics you are not this 100% wrong, i can only judge this fact what i see here.

and dont dream about, that using hedging in whatever kind you do is special, its always same like stoploss/takeprofit/closing using and new trades placing. you will learn it when you trade longer or start learn the basics and you will remember maybe this discussion about how wrong you was. this hedging problem people i have seen in last 20 years so often, i cant even count. really, by learning the math and trading bascis you avoid this big problems!
  • #173
  • May 26, 2018 5:54am May 26, 2018 5:54am
Quoting yanetjellen
{quote} Just let me know when you are ready to learn how to beat the markets with small amounts of capital and i will teach you free of charge
really, small amounts are funny for playing or hobby or so, but noone can live from this,. if you would go to work same time you are investing in trading, you would earn much much more, with less risk and less time. if you trade a small account like its a big account, its different, but saying that you dont care the money in and its only small accounts, it can be killed.... this will not help.....

if you do a hobby all is fine, but with this small accounts any worker has much much much more win with less time and much less risk.

for most of the people, go to work is the much much better way to earn money, less risk and earn much more. thats for sure. and same for you, if this is correct what you write here. thats like you invest many many time in nothing and on the end tell the people, yeah a have win of 10 cents earned each hour when you calculate it down? and you will teach other persons and get them same problems then like you have with this is not fair!

trading is not for people who dont have some bigger money, point! you invest more time then in working normal business for more risk and much less win! its so simple! or you use it as hobby and dont want live from it.
  • #174
  • May 26, 2018 6:21am May 26, 2018 6:21am
I'm stumped by this thread. had a good opinion about fx and this makes me think twice. even though I have a very strong positive feeling about fx markets.
A new journey in life ...
  • #175
  • Edited 6:52am May 26, 2018 6:28am | Edited 6:52am
Quoting dukas_trader
{quote} really, small amounts are funny for playing or hobby or so, but noone can live from this,. if you would go to work same time you are investing in trading, you would earn much much more, with less risk and less time. if you trade a small account like its a big account, its different, but saying that you dont care the money in and its only small accounts, it can be killed.... this will not help..... if you do a hobby all is fine, but with this small accounts any worker has much much much more win with less time and much less risk. for most...

I average 60-100 dollars per day scalping with an account that hovers around 500 dollars...sometimes way less depending on how much i withdraw at a time and how many trades i take...I've also had days that i make much more than that...Some weeks i take hundreds of trades with insane profit factors so i know my edge in this area is legit...

You people who don't make money have so many theories about what is and isn't possible in this market..The truth is the retail trader, or should i say the ones who have some sense, have every advantage over the big players in that they can pick and choose the best spots that the big boy whose trying to find liquidity to get their massive positions built up(or when trying to exit the market) cannot...The spots where they must try to push the market in order to achieve this are somewhat obvious, too...Yet another way you as a retail trader can have an advantage over them...

Also leverage is a money making machine for those who learn how to use and respect it...That is a skill that takes time to learn but in such a liquid market as this is almost cheating once you get it right...I'm making so much currently using small amounts with high leverage and making withdrawals that i'm only half interested in trying to work with a bigger account size atm because i have found something that works for me with little risk to large amounts of capital...Yes, i'm making certain efforts to learning how to make $1000 per day instead of $100 but with all things it takes time and certain adjustments.

And no, i don't want to work a normal job...That's why i learned how to trade
  • #176
  • May 26, 2018 7:03am May 26, 2018 7:03am
Quoting tincog
I'm stumped by this thread. had a good opinion about fx and this makes me think twice. even though I have a very strong positive feeling about fx markets.

Don't feel bad...Study till your eyes bleed, learn market structure and how liquidity works along with an EMA and keep an eye on fundamentals and you will turn out just fine...Also realize the market is designed to make you think you are wrong...Have some conviction, learn how to tolerate some pain and remember, ALL games are negative sum for the LOSERS
  • #177
  • May 26, 2018 7:33am May 26, 2018 7:33am
Quote
Dukas Trader
quote]
thats the problem with beginners like you.
you speak about thinks, but you dont like to learn the basics.
and same time with your total big mistakes you are misleading people, and then you say "You prove the reason why I do not post much on these forums." no , you are total wrong in this point , you are not able to see it. in no way you can be correct, because any trading basics and any trading math logic would have show you ,you are wrong. whats so difficult always in this extrem easy beginner topic with heddging that so many beginenrs like you dont get it correct, ok you need some bacis math logic, but any school should learn this good enough. rest is total logic easy by write it donw on a paper oto compare both ways and you should find you mistakes easy.

Ok Mr Dukas Trader, since you labeled me as a beginner and to avoid any arguments on that front I accept that I am a beginner in this post. Now since I am a beginner I will use my stupid beginners arguments as put by you. ( My sincere apologies to the tread starter as I am sure you do not want other discussions but my arguments go to show that spikes can be overcome) Apart from arguing with people who post here I fail to see any solution offered by Dukas Trader.

Dukas Trader, can please explain the error in the following arguments since I am a beginner and can not see the error:
1. As a beginner my mind tells me that if I trade with a $10,000 account and trade $1/pip then I need a spike of 10,000 to clean me out, or if I trade a $1,000 at 10 cents/pip I need the same 10,000 spike to clean me out. Why is this argument wrong? Even if I have no stop this can not ruin me, but remember I did not say trade without a stop. I said use it correctly.
2. As a beginner I agree 100% with your argument on hedging and that you only lock in a profit or a loss, but then why use a hedge like that, maybe as a beginner I do not have time to sit in front of the computer all the time and I trail a hedge at say double the $/pip as my original trade, that way with a retrace I lock in the loss or profit the same way as with a normal trailing SL plus I gain the advantage of the retrace with the second half of the hedge, or I can achieve the same with 2 trails, one with a trailing SL and the second part as a trailing limit order, Please explain where I as a beginner mislead other beginners, I will really appreciate it

Please offer your suggestions on how to overcome spikes etc so that we can learn from your superior knowledge, my method lock in what ever profit or loss I have plus capture the spike as a profit, please explain your better method, it will be appreciated.

When will a beginner like me qualify to a better trader or advance trader, I have not trade a demo account for about 10 years and currently I only have 6 trades open : one is positive by 5 pips, next one positive by 44 pips, 2 are negative just over 80 pips and 2 are positive just over 600 pips each. Your advice will be appreciated
  • #178
  • May 26, 2018 7:41am May 26, 2018 7:41am
Quoting yanetjellen
{quote} I average 60-100 dollars per day scalping with an account that hovers around 500 dollars...sometimes way less depending on how much i withdraw at a time and how many trades i take...I've also had days that i make much more than that...Some weeks i take hundreds of trades with insane profit factors so i know my edge in this area is legit... You people who don't make money have so many theories about what is and isn't possible in this market..The truth is the retail trader, or should i say the ones who have some sense, have every advantage...
Nice effort bro. So long as you make regular withdrawals just keep it modest
when you can accurately predict the future, you leave nothing to chance.
  • #179
  • May 26, 2018 8:34am May 26, 2018 8:34am
Quoting Silver
{quote}thats the problem with beginners like you. you speak about thinks, but you dont like to learn the basics. and same time with your total big mistakes you are misleading people, and then you say "You prove the reason why I do not post much on these forums." no , you are total wrong in this point , you are not able to see it. in no way you can be correct, because any trading basics and any trading math logic would have show you ,you are wrong. whats so difficult always in this extrem easy beginner topic with heddging that so many beginenrs like...
i answer later when i have more time, but beginner is not someone who traded not in big or real accounts, its someone who dont know the basics in trading an math and thatswhy thinks about simple topics complicated or wrong and dont know the correct connection between many parts of trading. beginners can even have wins, beginners have only a much smaller chance for this. and i valuated only your argument, that trading without stoploss is so important, and same time you use with your hedgetrade a stoploss, only call it different.
  • #180
  • May 26, 2018 9:48am May 26, 2018 9:48am
Quoting aaven
{quote} As usual Great Words from Cuchflito... You introduced me to the concept of Stop Loss hunting and ever since i think that we should have some room for the trade to breath vis a vis the S/L hunting. You also mention Daily and Weekly Spikes, so considering even High Impact News Events What would you consider a Good S/L that can act as a cushion considering all the above for taking trades on 4HR or Daily TF? {Trend Trading} 100 Pips/150 PIPS/200 PIPS/....500 Pips or something like a ATR Multiplier of 3/4/5/...../8? Have a great weekend.......
I do not think that there is any one right answer to your question. You first have to decide if you never want to be stopped out or if you are willing to take some kind of loss.
To never get stopped out will mean a very big SL maybe around 1000-2000, but if you calculate that as a percentage of your capital then you will place only very small trades.

If you decide that you want to bypass all spikes up to 150 pips then you have answered your own question.

Remember your stop loss is always a percentage of your capital and therefor determine the lot size you are trading.
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