(binned per thread starter’s request) So who has made a million t | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Moutek made me go wrong or i have made mistake in analysis? 8 replies

I'm tired of reading "I'd have made more but I made mistakes." 16 replies

Who has the largest account / has made the most money trading? 10 replies

Attachments: (binned per thread starter’s request) So who has made a million t
Exit Attachments

(binned per thread starter’s request) So who has made a million t

  • #41
  • Aug 18, 2018 5:54pm Aug 18, 2018 5:54pm
so im a wolf ?
  • #42
  • Edited 6:24pm Aug 18, 2018 6:09pm | Edited 6:24pm
Quoting loozers
{quote} The educators are wolves in sheep's clothing {image}
ill ask u a question
how much trend you can find in a zoomed pic of a chart ? if ur answer is less than 10 then u are wrong

i think best entries on any market should be based on a trend following or breakout, you can play ur favorite game "rejection pull the trigger" on trends sr, forget about the horizontal s/r's

anyway im trying to say that its not about ur entry its about the mm, i can make any strategy or tool accurate but i'll lose because the mm is the hardest math algo on this game specially for the long run and that because the price of any asset is random or very noisy, or manipulated idk
  • #43
  • Aug 18, 2018 6:21pm Aug 18, 2018 6:21pm
Quoting dkrock
{quote} He wrote EA's that trade stochastic in the stock market and thinks they will transfer to Forex, lol. He doesn't know anything about Forex, so I suppose that is why he isn't trading it. But he talks a big game, lol. I see now he is trying to insult us some more. First he called us dumb because we are in a forum. Then he said we were "hindsight" traders, like his youtube gurus. Now he is calling us educators, like his youtube gurus. Which is it? I have not taught him anything about trading Forex, LOL, and showed him a current chart with profitable...
why he ignore u and hate u ?? i dont get it man i thought hes here to help poor ppl like us !!!
  • #44
  • Edited Aug 19, 2018 8:14am Aug 18, 2018 6:37pm | Edited Aug 19, 2018 8:14am
FapTurbo made an EA they said they were going to sell to the first 300 people. I think it was $149, and instead of selling only 300, they sold about 43,000 for about $6.4 million.
You cannot be extraordinary by being normal
  • #45
  • Aug 18, 2018 6:44pm Aug 18, 2018 6:44pm
Quoting dkrock
To respond to the thread. FapTurbo made an EA they said they were going to sell to the first 300 people. I think it was $149, and instead of selling only 300, they sold about 43,000 for about $6.4 million.
The EA was useless though, correct? I think I've heard for FapTurbo years ago when I was stupid and making others rich by purchasing their useless and fundamentally flawed products.
  • #46
  • Aug 18, 2018 6:56pm Aug 18, 2018 6:56pm
Quoting loozers
{quote} I only been on this forum a month , I kept away from the blind leading the blind for twenty years . I learn't a lot of valuable stuff, you can not learn from the blind on forums. You guys got the forum education , I learn't from George Soros and real currency traders plus Warren Buffet.

you have been on FF for 1 month and made 378 posts. Haven't you got any thing else better to do with your time?
  • #47
  • Aug 18, 2018 7:02pm Aug 18, 2018 7:02pm
Quoting dkrock
{quote} If I remember correctly, it failed shortly afterward. It felt to me they were trading like a tout. They entered positions before the EA, so they could profit by their customer's trades. It was just a feeling I had. They seemed to be making money on trades, but the EA didn't seem to be doing the same. Of course, after 43,000 of them, the market makers knew how to trick it, and the slippage was extreme, so of course, it failed. I have no idea of the current use, if any. These are all opinions too. I tried a lot of EA's in the past to test...
Yeah I agree with what you're saying. One thing I think a lot of people don't understand when they badmouth EAs is that trading is really two things: (1) the trading itself, (2) the art. The art for sure, cannot be determined by the EA. This is something that will take never ending research on your part. An example of the art for an intraday trader is, figure out which pairs to trade next day and in which direction(s). The trading itself should absolutely be automated. You guys are crazy if you're trading manually... I can't even begin to tell about all the disadvantages of trading manually. So in short, EAs are just tools and should only ever be a tool. You still have to know when and where to use the tool. If you're trying to put a nail into the wall, you can't just set the hammer down on the ground and believe that it's going to do it for you. You (need) the hammer in the same way that you need tools, but you still have to pick it up, hold it in your hand, decide how to use it, and in which angle, how hard to hit, etc.
  • #48
  • Aug 18, 2018 7:34pm Aug 18, 2018 7:34pm
Quoting dkrock
{quote} I am an intraday swing trader, and by your definition I am crazy I guess, lol. But, I have years of trading experience and don't use the same tools as everyone else. I would never trust an EA to enter a trade, though I do trust one for exiting sometimes, lol. I use an EA for managing my trades and sometimes I trail the stop for my exit. I use popups, arrows, and sound alerts for advising me on changes in price behavior. I use multiple time frame analysis on a single chart so I can see ranges vs trends on multiple time frames. An EA cannot...
You're not crazy, you're just using the best tools for the job. You trust your EA for managing trades, exiting sometimes, because it's the right tool for that job you have for it. What if you had a similar reliable tool for entries? For me, if I can spend less time on the mechanical aspects of trading, the better. There's plenty of other things to study such as researching which pairs to trade and in which direction(s).
  • #49
  • Aug 18, 2018 7:58pm Aug 18, 2018 7:58pm
Quoting dkrock
{quote} I trade lower time frames, so for me it is just mathematical cycles, but I have to sort out the whipsaw, consolidation, and head fakes, from the real vertical movement. That is why an EA will never work for me. The equation is consistent profit for me, but it is repetitive loss for an EA. It won't be able to tell one crossover from the other. It's trading frequency would be too high in a low range environment. Since they all lose, the more you let them trade for you, the more you lose too. If I were to jump up time frames, then it becomes...
Okay I see. The EA (tool) I'm talking about, is really not the same type of EA that you're talking about. Yes, absolutely agreed that the EA can't be relied on to figure out anything to do with the art of trading.
  • #50
  • Aug 18, 2018 8:28pm Aug 18, 2018 8:28pm
Quoting dkrock
{quote} I guess I don't really understand you then, but all good. Be happy.
You use an EA to close your trades right? That's not an art part of trading, that's just trading itself, trade management. In the same way, an EA can open a trade. In other words, I agree that EAs are useless if you rely on them to make art decisions. For example, an EA won't be able to figure out and tell me to sell EURCAD, NZDCAD, USDCHF, on Monday. That is determined by me. Now the EA will be used to enter and exit trades. I would be crazy to try and do that part manually. That's what I was meaning... I hope that made more sense.
  • #51
  • Aug 19, 2018 12:17am Aug 19, 2018 12:17am
Quoting shrips
{quote} you have been on FF for 1 month and made 378 posts. Haven't you got any thing else better to do with your time?
Yes

good trading is boring.

AfterI put on manual trades , then have nothing to do, I have EAS doing the work for me. I teach for free.

https://www.forexfactory.com/showthread.php?t=802780
  • #52
  • Aug 19, 2018 2:37am Aug 19, 2018 2:37am
Quoting loozers
{quote} indices have patterns , do some chart studies search on google buy the dip strategies on indices, most forex idiots will go short. Do exactly the opposite of the losers of forex educators. {image}
Thank you!Really appreciate!!!!!! keep on studying!
  • #53
  • Aug 19, 2018 8:28am Aug 19, 2018 8:28am
Quoting RondaRousey
If you cannot trade, teach.
it should be, If you cannot trade because market is having holiday, teach.
Profit growth tells you the trader ability.
  • #54
  • Aug 19, 2018 8:36am Aug 19, 2018 8:36am
These new traders need a pro to teach them to scalp 50 times a day.


The new traders need my intraday price action knowledge in place of using the stochastic price action indicator , used by professionals.
Attached Image (click to enlarge)
Click to Enlarge Name: blind leading the blind.jpg Size: 63 KB
  • #55
  • Aug 19, 2018 8:39am Aug 19, 2018 8:39am
Attached Image
  • #56
  • Aug 19, 2018 10:32pm Aug 19, 2018 10:32pm
If you can't trade and you can't teach, be an uber driver

https://www.youtube.com/watch?v=kbms9bCcqUg

fulfill your destiny

You came here for the truth and let me unveil it for you
  • #57
  • Aug 19, 2018 10:52pm Aug 19, 2018 10:52pm
Quoting RondaRousey
If you can't trade and you can't teach, be an uber driver https://www.youtube.com/watch?v=kbms9bCcqUg fulfill your destiny
lol and if they don't have a driver license or car?
  • #58
  • Aug 19, 2018 11:06pm Aug 19, 2018 11:06pm
1-3 pips scalper on FF versus uber eats delivery driver

Who wins?

https://www.youtube.com/watch?v=CTMlJk4s-jY

Fulfill your destiny

You came here for the truth and let me unveil it for you
  • #59
  • Aug 19, 2018 11:43pm Aug 19, 2018 11:43pm
Quoting RondaRousey
1-3 pips scalper on FF versus uber eats delivery driver Who wins? https://www.youtube.com/watch?v=CTMlJk4s-jY Fulfill your destiny
You have beef with Uber?
  • #60
  • Aug 20, 2018 12:31am Aug 20, 2018 12:31am
Quoting Protector
{quote} You have beef with Uber?
only with the pretenders
Attached Images
0 traders viewing now