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  • #9,161
  • Dec 23, 2018 4:24am Dec 23, 2018 4:24am
[quote=bluesteele;11819629]{quote} Who knows... Will miss the guy ! But what does that say about FractalFakes theory and so many other blind ones here. That Dukas was a "brokers troll" What a load of shit. So the Brokers troll hired from the brokers.. That provide advertising dollars to Forex Factory ..Control FF.... What a load of horseshit, So here is proof Dukas WAS NOT a brokers troll ! Simply a guy getting in the face of all the bullshitters like FractalFreak. If Dukas was a brokers troll..he would not have had his membership revoked... Broker trolls are fictici

The Dukas is unique.
i am sure he will return eating the guilty.....
i wish him well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,162
  • Dec 23, 2018 7:32am Dec 23, 2018 7:32am
JennyMK....

good post in the other thread.
I was trying to tell you that for weeks.
it is pure bs.

It doesn't matter if they are chasing stops .
YOU NEED TO TRADE WITH THE MARKET MOVERS,NOT ONCE THEY ARRIVE THERE.

Trade well....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,163
  • Dec 23, 2018 9:04am Dec 23, 2018 9:04am
Quoting billytt
JennyMK ... good post in the other thread. I was trying to tell you that for weeks. it is pure bs. It doesn't matter if they are chasing stops . YOU NEED TO TRADE WITH THE MARKET MOVERS,NOT ONCE THEY ARRIVE THERE. Trade well....
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https://www.forexfactory.com/showthr...5#post11819765

  • #9,164
  • Edited 7:45pm Dec 24, 2018 12:36am | Edited 7:45pm
https://www.forexfactory.com/showthr...5#post11819765

Jenny is like the boy who told the truth in the Emperor's New Clothes. The rest of FractalFreak's followers just pretend to be profitable trading his method. They continue cheating themselves, and sometimes they do that unconsciously.

Human mind is a big liar, much bigger than the liar FractalFreak. It tells more lies than FractalFreak does. A human being tends to accept whatever his mind tells him as an accurate reflection of reality. He rarely questions or objectively evaluates his thoughts. Because thoughts are a natural part of him, accepting them seems natural, too, but in trading, this can be dangerous. Part of the danger comes from natural limitations in his cognitive capabilities. One of such cognitive bias is pain avoidance.

A human being tends to reject painful thoughts. Often time when someone catches a husband cheating on his wife and tells the wife about it, the wife will get angry with the messenger, because the truth causes pain on the wife. The same thing is happening with Fractal's loyal followers.

Fractal's method offers false hope to his followers. Firstly, he essentially tells traders that they should not be responsible for the outcome of their trading. It's not their fault that they lose. It's the Market Makers' stop hunting that is to blame. 2ndly, he tells traders, by following his method, traders will be on the side of SM. No wonder his thread is popular with followers. He caters to their cognitive bias of shunning responsibility and optimism.

When we tell those followers that Fractal's method is no salvation for them, it causes a painful thought in their mind. The cognitive bias of pain avoidance kicks in and make the followers reject our advice so that they can keep holding on to their false hope of finding their salvation or finding their "missing pieces". How many times we've seem them talking about "I've found my missing pieces" in that thread ? Yet none of them is able to prove that with the equity curve of their trading accounts.

FractalFreak's method has its value. Used wisely it can benefit your trading. However, it's not a game changer. Used unwisely it can do more harm than good for your trading. And I don't think it can consistently generate profits if used as a stand alone strategy. So far neither his followers nor himself are able to show with verifiable proof that they can trade that strategy with sustained success.

On the contrary, there is proof that it already did harm to some traders. Some followers became dependent on it. They can't trade without it. They beg for the charts everyday. They adopted Martingale/pyramiding on losing trades...

Finally, for Fractal's followers, the only way to objectively determine the value of Fractal's thread/method, is not to use what your mind's telling you, as I've already shown you human mind is a big liar. It tells us whatever we want to hear or believe. The only way to objectively determine the value of Fractal's thread/method, is to look at the equity curve of your trading account. I know it's painful to look at it for the followers. But you have to accept the cold, hard truth it is telling you. Did all that "found my missing pieces", "I can read the market know", all those "eye opening" translate into a growing equity curve ?

Jenny is brave enough to accept the truth, why can't you ?
  • #9,165
  • Dec 24, 2018 2:09am Dec 24, 2018 2:09am
[quote=pooh123;11820553]Jenny is like the boy who told the truth in the Emperor's New Clothes. The rest of FractalFreak's followers just pretend to be profitable trading his method. They continue cheating themselves, and sometimes they do that unconsciously. Human mind is a big liar, much bigger than the liar FractalFreak. It tells more lies than FractalFreak does. A human being tends to accept whatever his mind tells him as an accurate reflection of reality. He rarely questions or objectively evaluates his thoughts. Because thoughts are a natural part of him, accepting them seems natural, too, but in trading, this can be dangerous. Part of the danger comes from natural limitations in his cognitive capabilities. One of such cognitive bias is pain avoidance. A human being tends to reject painful thoughts. Often time when someone catches a husband cheating on his wife and tells the wife about it, the wife will get angry with the messenger, because the truth causes pain on the wife. The same thing is happening with Fractal's loyal followers. Fractal's method offers false hope to his followers. Firstly, he essentially tells traders that they should not be responsible for the outcome of their trading. It's not their fault that they lose. It's the Market Make

GOOD POST Bud,
we have people chasing dreams and they are being exploited.
Many by scammers and some by people who think they know and not necessarily trying to rip them off.
I think Jenny might be too bright to be a trader, you need to put ones brain into neutral and trade with the market movers and never think why?
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,166
  • Dec 24, 2018 2:26am Dec 24, 2018 2:26am
Excellent post and review @JennyMK of :https://www.forexfactory.com/showthr...5#post11819765

The only thread you will ever need: FX Exposed!

It should be called

The only thread you will NEVER need: FF Exposed!
Master your Mind,,,Master the Market
  • #9,167
  • Dec 24, 2018 2:32am Dec 24, 2018 2:32am
Quoting pooh123
Jenny is like the boy who told the truth in the Emperor's New Clothes. The rest of FractalFreak's followers just pretend to be profitable trading his method. They continue cheating themselves, and sometimes they do that unconsciously. Human mind is a big liar, much bigger than the liar FractalFreak. It tells more lies than FractalFreak does. A human being tends to accept whatever his mind tells him as an accurate reflection of reality. He rarely questions or objectively evaluates his thoughts. Because thoughts are a natural part of him, accepting...
Well said.. however if anyone expects to find any successful or robust methodology to constantly beat the market in this FF forum is deluded and also will be greatly disappointed for there is none that I know.
Successful traders will NEVER share or sell their winning strategy with complete strangers in a public forum. They may share it with their family or close trusted friends but never to outsiders. Mostly the generous ones will drop a hint or two and that's it all.
Happy holiday to all......

GS
  • #9,168
  • Dec 24, 2018 3:04am Dec 24, 2018 3:04am
Quoting genghistar
{quote} Well said.. however if anyone expects to find any successful or robust methodology to constantly beat the market in this FF forum is deluded and also will be greatly disappointed for there is none that I know. Successful traders will NEVER share or sell their winning strategy with complete strangers in a public forum. They may share it with their family or close trusted friends but never to outsiders. Mostly the generous ones will drop a hint or two and that's it all. Happy holiday to all...... GS
well said. i sold my method and variations a few years ago..
The info i release now is a massive part of how i trade but a tiny bit is missing.
This bit can be found out as the clues are there..
No body gives anything away especially in here and we have people who try to exploit any info.
I had some one try to sell my method but they screwed up badly and the clientele lost money.
They sold only part of it..
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,169
  • Dec 24, 2018 4:01am Dec 24, 2018 4:01am
Quoting bluesteele
Excellent post and review @JennyMK of :https://www.forexfactory.com/showthr...5#post11819765 The only thread you will ever need: FX Exposed! It should be called The only thread you will NEVER need: FF Exposed!
It never gets easier, you just get better
  • #9,170
  • Dec 24, 2018 5:34am Dec 24, 2018 5:34am
merry christmas to all.
merry yule.
it does not matter what you believe in... Just be good...
best wishes ...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,171
  • Dec 24, 2018 6:06am Dec 24, 2018 6:06am
Merry Christmas guys, I hope you all have a blessed day with your friends and family.
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Truth is like poetry. And most people f*cking hate poetry.
  • #9,172
  • Dec 24, 2018 6:06am Dec 24, 2018 6:06am
Quoting billytt
merry christmas to all. merry yule. it does not matter what you believe in... Just be good... best wishes ...
All year round would be nice also....

It never gets easier, you just get better
  • #9,173
  • Dec 24, 2018 9:55am Dec 24, 2018 9:55am
Merry Christmas to everyone!!! Even to the Scammers!!!
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  • #9,174
  • Dec 24, 2018 10:38am Dec 24, 2018 10:38am
Quoting genghistar
{quote}if anyone expects to find any successful or robust methodology to constantly beat the market in this FF forum is deluded and also will be greatly disappointed
I agree as I fear there is nothing in these forum(s) and (perhaps) also nothing on the internet which has any value in FX trading? I think the direction one needs to take is to find a professional who is willing to mentor. And I feel it would be difficult to find a mentor and especially one who understands the FX markets nowadays, it would appear to be completely algorithmic? I would like to be proven wrong about my unprofessional opinions in all of these matters, if it is possible to figure it all out, that would be a blessing, however I will have to say that the outlook is grim?
  • #9,175
  • Dec 24, 2018 11:28am Dec 24, 2018 11:28am
Its more like a puzzle. You find valuable info here and there but you have to put it all together. Just ask yourself the question would you give your money making machine away to strangers for a few thank yous? Not even for money unless they pay some ridicolous amount.
Necessity knows no law except to conquer
  • #9,176
  • Dec 24, 2018 12:13pm Dec 24, 2018 12:13pm
Quoting JennyMK
{quote} I agree as I fear there is nothing in these forum(s) and (perhaps) also nothing on the internet which has any value in FX trading? I think the direction one needs to take is to find a professional who is willing to mentor. And I feel it would be difficult to find a mentor and especially one who understands the FX markets nowadays, it would appear to be completely algorithmic? I would like to be proven wrong about my unprofessional opinions in all of these matters, if it is possible to figure it all out, that would be a blessing, however...
Take a look at futures.

Trading is hard, and spot forex is the hardest instrument you can trade. Not necessarily because of the trading knowledge you need to know, but because of how scammy so many brokers and educators are.

If trading is like NASCAR, then spot forex is like doing NASCAR in a pickup truck. I mean, yeah, it's possible to win, but why make it so hard for yourself?
  • #9,177
  • Dec 24, 2018 1:06pm Dec 24, 2018 1:06pm
Quoting JennyMK
{quote} I agree as I fear there is nothing in these forum(s) and (perhaps) also nothing on the internet which has any value in FX trading? I think the direction one needs to take is to find a professional who is willing to mentor. And I feel it would be difficult to find a mentor and especially one who understands the FX markets nowadays, it would appear to be completely algorithmic? I would like to be proven wrong about my unprofessional opinions in all of these matters, if it is possible to figure it all out, that would be a blessing, however...
Overly and unnecessarily pessimistic in your post...
This forum indeed has some good things and ideas to offer, (along with many useless things, of course).
If nothing, you learn a lot from things that doesn't work already; be that what you learn from thread feedbacks, or from your own trials and errors.

More, where would you find your professional to mentor you? Now, if you say over the internet, that would be funny.
And even if you would find one, would you be shy away from the cost of his willingness when told?
Simple fact, that making a living from a business is take capital usually first and foremost.
And many still blinded with quick % and the hope their 2-3 digit account is the key to the fortunes of forex.

Not sure how much this far is your energy input into forex, but just like with getting somewhat good with anything, usually takes time, and to get better than most, a lot more time....and that not even necessary equals to be as good as to make a living from it, something a completely different level.
And that holds pretty much everything in life, not trading only.
Want to be a football player, a photographer, a singer, or whatever.
For example, how many has a YT channel vs how many making money with it? And from those making money, how many makes enough to live on it?

The barrier of entry into forex is low, virtually 1$ and a micro account all you need to be on your way, some broker even offering "free no deposit bonus" to help you if you don't have a 10-20$.
( of course, with due respect those are losers who even has problem with that start up capital to pull up, but think they have all the knowhow to get rich).

Anyway, the brokers help you nowadays. They display their loser account's percentage. That tells you that approx 70-80% of the accounts ( traders) tend to lose money, across retail forex trading.
You thus need to be better than 80% of all others.
With that knowledge only need to work on that clear target.

Alternatively, skip forex. In full.
That will already put you in the situation where you are virtually guaranteed to be better off than 70-80% of all retail forex trader account!!!
Some food for thoughts, huh?

Merry Xmas!
there is always, always another trade!!
  • #9,178
  • Dec 24, 2018 10:23pm Dec 24, 2018 10:23pm
Quoting 3ndlessHope
Just ask yourself the question would you give your money making machine away to strangers for a few thank yous? Not even for money unless they pay some ridicolous amount.
Exactly, and that is why there is no value to be found in any of the threads. No one will share anything of any value for a few thank yous.
  • #9,179
  • Dec 24, 2018 10:26pm Dec 24, 2018 10:26pm
Quoting profitfarmer
{quote}This forum indeed has some good things and ideas to offer
If you were to be honest with yourself, it has not. It is just a distraction whereby the blind are leading the blind, and 99% are clueless. Where I do agree with you though is to skip forex. That is probably the wisest thing I have heard on the forum. Merry Christmas!
  • #9,180
  • Dec 25, 2018 5:10am Dec 25, 2018 5:10am
Quoting JennyMK
{quote} Exactly, and that is why there is no value to be found in any of the threads. No one will share anything of any value for a few thank yous.
It's probably a lot harder now, for new traders to find useful info, for mainly 2 reasons.
Firstly, there are a whole lot of threads now with a lot of posts to go through, with mostly bickering & large egos
and secondly, most of the early contributors who did share their knowledge for a few thank yous have left this forum a long time ago.

There are still some threads of value, if you dig deep enough, many are probably not at the top of the thread lists, maybe even in the recycle bin by request of the OP's. As 3ndless hope says, it is a puzzle, you take snippets from all over and formulate your own strategy. There is no, one strategy fits all.

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