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  • #5,941
  • Aug 20, 2018 2:33pm Aug 20, 2018 2:33pm
Quoting 3ndlessHope
Dont blame the industry... blame the idiots who use strategies without backtesting. Blame the idiots who religiously follow specific people or read a book and think they can make money trading... You want to trade? Then you want manipulation too, because the two things walk together and fuck all night. Best wishes to all of you Hope

hehe... and all day.
  • #5,942
  • Aug 20, 2018 3:38pm Aug 20, 2018 3:38pm
Why? It is MY decision to put MY OWN money on a trade and I fail, not my broker, not the industry. Its MY fault. I can be an idiot if i have 25k, or 250k... We are adults, we can decide whether we can lose that money or not. If you cant lose that money and still risk it than.. well i wont feel sorry for you. No matter what rules you set, majority will still lose even if you gave them a profitable, complete system.
Necessity knows no law except to conquer
  • #5,943
  • Aug 20, 2018 3:44pm Aug 20, 2018 3:44pm
Quoting 3ndlessHope
Why? It is MY decision to put MY OWN money on a trade and I fail, not my broker, not the industry. Its MY fault. I can be an idiot if i have 25k, or 250k... We are adults, we can decide whether we can lose that money or not. If you cant lose that money and still risk it than.. well i wont feel sorry for you. No matter what rules you set, majority will still lose even if you gave them a profitable, complete system.
your'e right, it's your fault if you lose money. I think veefx is speaking from the game rules perspective. you don't realize how disadvantaged you are when trading otc forex vs other regulated markets.

It's like playing slots (otc forex) vs poker/blackjack (regulated/exchange based market).

sure from time to time you'll get paid playing slots (that's how they keep you playing), but over the long term, you're losing. And most people are delusional enough to think that they need to master the markets more, themselves, pray to buddha, whatever it is they think they need to work on. But it is the game they're playing that needs to change first! it's fucking rigged!
  • #5,944
  • Aug 21, 2018 12:01am Aug 21, 2018 12:01am
Quoting hilmy83
{quote} your'e right, it's your fault if you lose money. I think veefx is speaking from the game rules perspective. you don't realize how disadvantaged you are when trading otc forex vs other regulated markets. It's like playing slots (otc forex) vs poker/blackjack (regulated/exchange based market). sure from time to time you'll get paid playing slots (that's how they keep you playing), but over the long term, you're losing. And most people are delusional enough to think that they need to master the markets more, themselves, pray to buddha, whatever...
Spot on !!!!! I could not have said this any better.
Staying in my lane...
  • #5,945
  • Aug 21, 2018 12:38am Aug 21, 2018 12:38am
You are disadvantaged from the point you were born. The real question is: is it possible to make money trading for retail traders?
If the answer is yes, if there is only 1 single person on this planet who makes profit consistently in the long run(without pure luck), then we are just crying here instead of admiting that we are either bad at trading, or not good enough yet.

I know this will offend alot of people, but it is the truth.
Necessity knows no law except to conquer
  • #5,946
  • Aug 21, 2018 12:43am Aug 21, 2018 12:43am
EJ M15:
Attached Image (click to enlarge)
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www.sme-fx.com
  • #5,947
  • Aug 21, 2018 12:48am Aug 21, 2018 12:48am
EU M15:
Attached Image (click to enlarge)
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www.sme-fx.com
  • #5,948
  • Aug 21, 2018 1:23am Aug 21, 2018 1:23am
Quoting hilmy83
{quote} your'e right, it's your fault if you lose money. I think veefx is speaking from the game rules perspective. you don't realize how disadvantaged you are when trading otc forex vs other regulated markets. It's like playing slots (otc forex) vs poker/blackjack (regulated/exchange based market). sure from time to time you'll get paid playing slots (that's how they keep you playing), but over the long term, you're losing. And most people are delusional enough to think that they need to master the markets more, themselves, pray to buddha, whatever...
Yes and No. I came to this thread just because I have observed for many years the manipulation in the regulated market. Agree that for the SM, forex should be like Paradise though.
  • #5,949
  • Aug 21, 2018 2:31am Aug 21, 2018 2:31am
Quoting FractalFreak
EU M15: {image}
That level we didn't see it coming....

What I see that at the moment of the spike, there's a load of shorts.
So what's happened? Someone entered a load f shorts and the SM reacted by spiking long??
  • #5,950
  • Aug 21, 2018 3:21am Aug 21, 2018 3:21am
Quoting davidman
{quote} VEEFX... I am truly sorry for all the nasty messages I have posted about you. I make this pledge to you right now that I will never again comment on your posts again unless a request is specifically initiated by yourself. This I promise as one man to another. Love and Peace.
I have flushed all my posts to avoid clutter and slow down anyone's learning. Exiting from here on...take care
Staying in my lane...
  • #5,951
  • Aug 21, 2018 4:05am Aug 21, 2018 4:05am
"Agree that for the SM, forex should be like Paradise though."

Yes.

It is for them the biggest money machine ever.

The biggest FRAUD / SCAM / RIP-OFF in history (measured in transaction volume).

Stay safe,
FF
www.sme-fx.com
  • #5,952
  • Aug 21, 2018 4:06am Aug 21, 2018 4:06am
As I say,

it is like a Poker Game where THEY (SM) do not only see everyone's cards, but they can ALSO decide which card will be on the table next.

THINK ABOUT THAT!

FF
www.sme-fx.com
  • #5,953
  • Aug 21, 2018 4:21am Aug 21, 2018 4:21am
"No matter what rules you set, majority will still lose even if you gave them a profitable, complete system."

Yes.

FF
www.sme-fx.com
  • #5,954
  • Aug 21, 2018 4:22am Aug 21, 2018 4:22am
" Trading is not for everyone and yes manipulation is a known thing for majority of traders who spent some time looking at the charts, but im pretty sure if there was zero manipulation, 90% would still suck at it. "


I guess that is true indeed.

FF
www.sme-fx.com
  • #5,955
  • Aug 21, 2018 4:23am Aug 21, 2018 4:23am
EU M15:
Attached Image (click to enlarge)
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www.sme-fx.com
  • #5,956
  • Aug 21, 2018 4:24am Aug 21, 2018 4:24am
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  • #5,957
  • Aug 21, 2018 4:26am Aug 21, 2018 4:26am
Quoting FractalFreak
"Agree that for the SM, forex should be like Paradise though." Yes. It is for them the biggest money machine ever. The biggest FRAUD / SCAM / RIP-OFF in history (measured in transaction volume). Stay safe, FF
Hi FF,

Do you make any assumptions as to what major news events might do to the markets?
Do you place limit orders for such assumptions?
Could you further expand on how we should interpret "already priced in" news?
What, in your opinion, caused the recent USD spike besides Trump talking the dollar down.
Did SM ride this wave or was it caused by larger than usual retail positioning?

Regards.
  • #5,958
  • Aug 21, 2018 5:29am Aug 21, 2018 5:29am
"
Hi FF,
Do you make any assumptions as to what major news events might do to the markets?
Do you place limit orders for such assumptions?
Could you further expand on how we should interpret "already priced in" news?
What, in your opinion, caused the recent USD spike besides Trump talking the dollar down.
Did SM ride this wave or was it caused by larger than usual retail positioning?
Regards."

Here davidman;
Attached Image (click to enlarge)
Click to Enlarge Name: eueudued.png Size: 36 KB
www.sme-fx.com
  • #5,959
  • Aug 21, 2018 5:47am Aug 21, 2018 5:47am
Quoting FractalFreak
" Hi FF, Do you make any assumptions as to what major news events might do to the markets? Do you place limit orders for such assumptions? Could you further expand on how we should interpret "already priced in" news? What, in your opinion, caused the recent USD spike besides Trump talking the dollar down. Did SM ride this wave or was it caused by larger than usual retail positioning? Regards." Here davidman; {image}
With respect, you should know by now that I have a good understanding of your charts. As you also know I am trying to make my own analysis to become more independent of your charts.

Yes I did see this but could see no valid reason why DM would have taken such large short positions. Trump made the bias very obvious. My assumption was that SM created this as a decoy. This is why I asked you that specific question.

I am only asking about news phenomena which you have not covered fully.
If there are exceptions to your methodology then you must have safety mechanisms that prevent you from losing your hard earned gains. We cannot know for sure what the algos will do so we need to have a backup plan. I am sure you also cannot always be correct so what safety mechanism(s) to you employ? We could move our stops closer or simply close our trades but then miss out on a great opportunity. Yes I am picking your brain because I am sure you have found solutions for exceptions to the general rules.

Regards.
  • #5,960
  • Aug 21, 2018 6:02am Aug 21, 2018 6:02am
Quoting davidman
{quote} With respect, you should know by now that I have a good understanding of your charts. As you also know I am trying to make my own analysis to become more independent of your charts. Yes I did see this but could see no valid reason why DM would have taken such large short positions. Trump made the bias very obvious. My assumption twas that SM created this as a decoy. This is why I asked you that specific question. I am only asking about news phenomena which you have not covered fully. If there are exceptions to your methodology then you must...
This boggles me also. What was first: the shorts? Where did so many came from. Specially since the Orange Dude bias was clear.
This looks like the chicken egg story.
Any ideas are appreciated
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