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Twelve widely believed forex myths 119 replies
Forex Myths 29 replies
Ridiculous Trading Myths 323 replies
Dispelling Some Myths on Trading Practices 23 replies
Trading Myths 35 replies
Disliked{quote} oh man, you crazy little boy. that really hard to see this bullshit now, after i told you , look at exactly this mistake! i told you exactly why you are wrong when you speak about metatrader and now you even mention metatrader, and you still dont check it,. learn the basics, now i know you are a big liar about many you speak about and you fake a lot of your experience (noone has this low knowledge about limitorders normally as a trader of live accounts), you even dont know what you speak about when i tell your mistake in detail before you...Ignored
DislikedMYTH: EURUSD goes up if demand exceeds supply. REALITY: EURUSD goes up if DM is long, there stops are above the price, SM Algos did the pre-run-counter move down and go for the main run.Ignored
Disliked{quote} What else would you expect? The bankers are there, for us, when we want to sell 50,000 USD for euros. They do the transaction instantly. There are zillion transactions like this one happening every day. This is the real everyday forex. Do we have to wait for a buyer of our 50k USD to appear? No? What if we had to? After how many days/weeks/months we would be able to exchange the 50k USD into euros, if Mr. Banker was not there for us? Let Mr. Banker make profits on the risks taken. I find it fair. Just try to be in the constantly 30% winning...Ignored
Disliked{quote} What else would you expect? The bankers are there, for us, when we want to sell 50,000 USD for euros. They do the transaction instantly. There are zillion transactions like this one happening every day. This is the real everyday forex. Do we have to wait for a buyer of our 50k USD to appear? No? What if we had to? After how many days/weeks/months we would be able to exchange the 50k USD into euros, if Mr. Banker was not there for us? Let Mr. Banker make profits on the risks taken. I find it fair. Just try to be in the constantly 30% winning...Ignored
Disliked{quote} I think so, too. Otherwise nobody would make money (imho). However, I've never seen a explanatory proof (thus, the assumption of 50 % which may be even true most of the time although sometimes the market can be more deterministic). Maybe you may show one.Ignored
DislikedWithout the proven manipulation, FX would NOT be as liquid, as cheap to trade, as accessible....... It is a bit more complex than saying "oh, all these big bad banks etc." read the first page of my thread........ Stay safe, FFIgnored
Disliked{quote} I am not familiar how futures work in detail and cannot comment anything about these instruments. What I am 100% sure is, they use exactly the same price application on all trading instruments, including the futures. And this is the real enemy - the price app. This is the biggest of all problems. My small advice to you, moving from EURUSD to Gold or moving from FX to futures will not change anything, cause their price algo is simply so hard to brake... it is nearly impossible to do so. The only weakness I have managed to find, for 5 years...Ignored
DislikedAntiCre, the BIGGEST MYTH is SUPPLY and DEMAND. In FX, it is ALL ABOUT SM ALGO MARKET MANIPULATION! See here: https://www.forexfactory.com/showthread.php?t=768090Ignored
Disliked{quote} Are you saying FXCM are lying when they tell their customers that there's no negative slippage on limit orders!Ignored
Disliked{quote} Hi DemoForever, A limit and limit entry order will only execute at the requested price or better and cannot receive negative slippage. FXCM regularly releases execution data on positive/negative slippage so you can judge our execution. Here's the latest slippage data on limit, limit entry, and other order types from 1 January, 2018 to 31 August, 2018.* {image} Total orders in the table above is comprised of only the order types listed. Additional stats can be found here....Ignored
Disliked{quote} Hi Jason, Can you explain why/how the open and close orders have much more positive than negative slippage? I would expect the slippage for at-market orders to be evenly distributed.Ignored
DislikedKeep Your Eyes Healthy {quote} {image} I've been sitting in front of the trading screen for 18 years now. And I have been using the computer since 1996. At 38, I have perfect 20/20 vision and can still see/read fonts further than 20ft. This is no accident and it takes work. You need to exercise your eyes. This only applies if you had/have healthy perfect eye sight since you're a child. If you have deformity and certain eye conditions, this doesn't apply to you. No amount of exercise is going to fix your eyes. 1. SCREENS Minimum Full...Ignored
DislikedI'd like to use this thread to discuss some trading myths and forex maths/statistics that will destroy some concepts that "the gurus" preach day in and day out. Please discuss these myths here with us and back up your words with evidence. The two topics I willl start with are the myth of risk:reward ratios and trading with moving averages. Happy discussion! = TOC ======================================================== Trading myths: The myth of risk:reward ratios Further...Ignored