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Is Forex Trading A Scam?

  • #41
  • Dec 30, 2018 12:17pm Dec 30, 2018 12:17pm
Quoting Petru00
{quote} Please, prove us why no one can be successful in trading. I'm actually sorry that forex was so cruel with you. May i ask why you are still on forex forums if forex is a scam and no one can be profitable? Petru
btw, tnx for proving me that you can not prove to us that we can success in this biz as an innocent investors, you just keep chit chat as usual, experience man experience

all accounts crush at mql5 and at ff too and everywhere, do you need more evidences ?
  • #42
  • Dec 30, 2018 12:18pm Dec 30, 2018 12:18pm
Quoting Petru00
{quote} Yeah... you proved us good. I am just gonna end this discussion. Best of luck, Petru.
chit chat then leave, yeah as usual, put nothing, add nothing, give nothing just chit chat with questions

this is how you you give noobs hope and take their diniros

great
  • #43
  • Dec 30, 2018 12:26pm Dec 30, 2018 12:26pm
99.99% of forum members are noobs. I love it when they try to act like they know something I don't already know. They try to give advice lol... Imbeciles
  • #44
  • Dec 30, 2018 12:27pm Dec 30, 2018 12:27pm
Noobs have a function... Noobs make the forums go around and, provide some entertainment.
  • #45
  • Dec 30, 2018 12:28pm Dec 30, 2018 12:28pm
Quoting dicojoxaftr
{quote} btw, tnx for proving me that you can not prove to us that we can success in this biz as an innocent investors, you just keep chit chat as usual, experience man experience all accounts crush at mql5 and at ff too and everywhere, do you need more evidences ?
I will start a trading challenge in the next few weeks to show that. Everything transparent.

I understand that you are angry that you lost money trading, as you said, just a small % of people will actually be successfull in life. Same thing applies to forex, you are not one of the winners, accept it and move on. Stop wasting your time on forex forums and actually do something you believe in.

Petru
  • #46
  • Dec 30, 2018 12:35pm Dec 30, 2018 12:35pm
apsolut scam because You got payout reduced by spread where probabilty you chose (same as roullete spread: 37 numbers and payout not 38 or 37, payout is 35$ per 1$).

with spread 2 ticks you need 2 ticks to get to zero, 3 tick to get 1 ticks profit
while opposite 2 ticks are loss of 4 ticks , 3 ticks are 5 loss
it moved only 2 ticks up and down all you got is reduced peyout you can profit zero or get loss 4 ticks, long term no one survives

you can take bullshit temprature meter stick meter into shit and tell pople you can buy 1 deegre up from current temprature and sell at current temprature. shits coll down and everibody lose.
  • #47
  • Dec 30, 2018 12:41pm Dec 30, 2018 12:41pm
Quoting Petru00
{quote} I will start a trading challenge in the next few weeks to show that. Everything transparent. I understand that you are angry that you lost money trading, as you said, just a small % of people will actually be successfull in life. Same thing applies to forex, you are not one of the winners, accept it and move on. Stop wasting your time on forex forums and actually do something you believe in. Petru
again, It's not what you KNOW, it's what you can PROVE!

so waiting you to prove that, but don't leave or change your decision and never ever start that challenge
  • #48
  • Dec 30, 2018 12:53pm Dec 30, 2018 12:53pm
Quoting dicojoxaftr
{quote} again, It's not what you KNOW, it's what you can PROVE! so waiting you to prove that, but don't leave or change your decision and never ever start that challenge
this challenge can never be taken. cause honestly you can terms like profitable after 5 years..lol, 99% of people will go broke by that time trading.

so if this was a real challenge, what would be a reasonable timeframe?

wanna have some fun?
  • #49
  • Edited 1:04pm Dec 30, 2018 12:54pm | Edited 1:04pm
Just look over this thread. Yes its a scam but you can still make money if you know how the big guys play the game. Its all one big ever ending stop hunt.

https://www.forexfactory.com/showthread.php?t=768090
  • #50
  • Dec 30, 2018 1:02pm Dec 30, 2018 1:02pm
Quoting hilmy83
{quote} this challenge can never be taken. cause honestly you can terms like profitable after 5 years..lol, 99% of people will go broke by that time trading. so if this was a real challenge, what would be a reasonable timeframe? wanna have some fun?
i hope you wont take his money away before he manage to prove his point to us
  • #51
  • Dec 30, 2018 1:13pm Dec 30, 2018 1:13pm
Quoting dicojoxaftr
{quote} i hope you wont take his money away before he manage to prove his point to us
i'd reward someone if they can prove they are profitable at forex with a TE say after 3 years

of course there would be conditions

has to be oanda or forex.com brokers..i don't trust overseas scam brokers
has to take at least 10 trade setups a month (daytrading challenge not a position/investing challenge)
has to start with at least $1000 (no broke ass traders who would trade like a maniac for a lucky streak)

anybody?
  • #52
  • Dec 30, 2018 1:40pm Dec 30, 2018 1:40pm
Quoting hilmy83
{quote} i'd reward someone if they can prove they are profitable at forex with a TE say after 3 years of course there would be conditions has to be oanda or forex.com brokers..i don't trust overseas scam brokers has to take at least 10 trade setups a month (daytrading challenge not a position/investing challenge) has to start with at least $1000 (no broke ass traders who would trade like a maniac for a lucky streak) anybody?
im sure spotrate will take the challange and beat it easly
p.s. hes not a noob


everybody is doing entertainment for everybody
this is how god make us, one for another and vice versa
  • #53
  • Dec 30, 2018 1:43pm Dec 30, 2018 1:43pm
Quoting spotrate
Noobs have a function... Noobs make the forums go around and, provide some entertainment.
so do the gurus!!!!
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54
  • Dec 30, 2018 1:45pm Dec 30, 2018 1:45pm
spotrate i'll give you a good an advice

walk everyday for 30 min at least
pray, work, eat, sleep & repeat
from dust to dust
and nothing matter
its just a matter of matter

  • #55
  • Dec 30, 2018 1:48pm Dec 30, 2018 1:48pm
The scam part is telling you that it's simple and easy to make money.

Forex trading is like other professional businesses.

To practice the business as a professional you need :

  1. study

    1. economic education
    2. technical education
    3. trading tools and sources (platform, news, economic reports ... etc)

  2. experience

    1. demo trade until you are consistently profitable for one year at least
    2. micro live trade until you are consistently profitable for another year at least

  3. finding business partners

    1. carefully study/evaluate business partners (brokers in this case) before selecting your partners

  4. raise capital

    1. capital size is determined by planned return and the risk that you are willing to take

Doing all the above, it can still fail, like any other business.

Approaching forex with a mindset of making millions out of a small capital is not wiser than buying a lottery ticket.

No guts, no glory
  • #56
  • Dec 30, 2018 1:55pm Dec 30, 2018 1:55pm
Quoting dicojoxaftr
{quote} hhh iq does not measure intelligence, iq measure the abilities, skills and knowledge of a human being we are all the same robot, you just need more abilities, skills and knowledge chips anyway as i always say, It's not what you KNOW, it's what you can PROVE! from the training day kingkong so i can always prove that no one success trading forex in the long run and the net is full of ppl who can immediately agree on that, but can you prove the opposite to us all ?? can you ?? ofc you can't and i know why ofc no...
If only you could proove it..., so far you did not, by the way intelligence is the faculty to learn.
LDFX Trading Ltd
  • #57
  • Edited 2:13pm Dec 30, 2018 1:58pm | Edited 2:13pm
Quoting Petru00
{quote} Please, prove us why no one can be successful in trading. I'm actually sorry that forex was so cruel with you. May i ask why you are still on forex forums if forex is a scam and no one can be profitable? Petru
I had the same question in mind, why investing so much time trying to proove to other that forex is a scam ? I guess it has to do with ego and this is probably why you got such a bitter experience, sad you did not wait for the sweet fruits of success because the roots were too bitter.
LDFX Trading Ltd
  • #58
  • Edited 2:16pm Dec 30, 2018 2:00pm | Edited 2:16pm
Quoting dicojoxaftr
{quote} btw, tnx for proving me that you can not prove to us that we can success in this biz as an innocent investors, you just keep chit chat as usual, experience man experience all accounts crush at mql5 and at ff too and everywhere, do you need more evidences ?

But that is not all accounts, check out darwinex for example.
LDFX Trading Ltd
  • #59
  • Dec 30, 2018 2:05pm Dec 30, 2018 2:05pm
Quoting igorc
apsolut scam because You got payout reduced by spread where probabilty you chose (same as roullete spread: 37 numbers and payout not 38 or 37, payout is 35$ per 1$). with spread 2 ticks you need 2 ticks to get to zero, 3 tick to get 1 ticks profit while opposite 2 ticks are loss of 4 ticks , 3 ticks are 5 loss it moved only 2 ticks up and down all you got is reduced peyout you can profit zero or get loss 4 ticks, long term no one survives you can take bullshit temprature meter stick meter into shit and tell pople you can buy 1 deegre up from current...
Guys, I am totally open and respect this theory but why everyone against is so sure that it is absolut scam ? There is so many differrent traders, how in the heck would you know that it is absolut scam ? At least give some studies or argument to be credible instead of seeing the forex world with your little eyes and insignificant experience.
LDFX Trading Ltd
  • #60
  • Dec 30, 2018 2:07pm Dec 30, 2018 2:07pm
Quoting dicojoxaftr
{quote} again, It's not what you KNOW, it's what you can PROVE! so waiting you to prove that, but don't leave or change your decision and never ever start that challenge
Do not worry, youdo not have to proove you failed, we all believe you

But still you have not proven yet that forex is a scam.
LDFX Trading Ltd
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