Where Are Our Trading Heroes? | Forex Factory

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Where Are Our Trading Heroes?

  • #1
  • First Post: Jan 23, 2019 4:10am Jan 23, 2019 4:10am
Do you know any forex trading heroes?

Specifically, do you know anyone who got famous and trades forex on say MetaTrader? Is it even possible?

If there were a bunch of success stories out there wouldn't we know about a few of them? Where is our Jesse Livermore, our Warren Buffet? Does Soros count? Are we all just tilting at windmills, tricked with the illusion of possible success?
Buy, Sell, plus this other thing equals Profit!
  • #2
  • Jan 28, 2019 7:33am Jan 28, 2019 7:33am
Anyone, heard of Jarratt Davis?

https://www.forexpeacearmy.com/commu...g-signals.225/
Buy, Sell, plus this other thing equals Profit!
  • #3
  • Jan 28, 2019 2:12pm Jan 28, 2019 2:12pm
Quoting JayDavis
Anyone, heard of Jarratt Davis? https://www.forexpeacearmy.com/commu...g-signals.225/
He doesn't trade fx but he is a trading hero. u/IR0NYMAN on reddit.


Guy had a $5,000 account and was trading box spreads. Was set to bank $50,000 on the deal that "literally can not go tits up." The deal was also described as "risk free money".

Long story short, it went tits up and he owes his broker $60,000.00

A true trading hero if you ask me...
  • #4
  • Jan 29, 2019 6:27am Jan 29, 2019 6:27am
In trading I don't think that famous and successful go hand in hand very often. I think those that are successful quietly apply their formula for success and make money. I am always skeptical when I hear someone advertise how successful they have been and now they're teaching others how to do it. There are always exceptions like Warren Buffet etc but they made there money from wise investments and no trading.
  • #5
  • Jan 29, 2019 4:17pm Jan 29, 2019 4:17pm
Excellent posts, I can tell that the search is still on. So thomas101 I understand there are probably some successful traders that are not famous, but is it possible for all the successful forex traders to not be famous? I have a sneaking suspicion that it is just not really possible to make enough money as a retail trader to become famous. I mean like if you are making money hand over fist somebody would notice, you would have to take active measures to keep your privacy. If perchance someone was super rich from forex we would at least hear about the donations that they were making.
Buy, Sell, plus this other thing equals Profit!
  • #6
  • Edited 4:32pm Jan 29, 2019 4:19pm | Edited 4:32pm
Quoting TEntropy
{quote} He doesn't trade fx but he is a trading hero. u/IR0NYMAN on reddit. Guy had a $5,000 account and was trading box spreads. Was set to bank $50,000 on the deal that "literally can not go tits up." The deal was also described as "risk free money". Long story short, it went tits up and he owes his broker $60,000.00 A true trading hero if you ask me...
Ok, yes, this qualifies in general, this guy is getting famous and probably is a hero to some, however, he ain't famous for winning nor forex.
Buy, Sell, plus this other thing equals Profit!
  • #7
  • Jan 29, 2019 9:10pm Jan 29, 2019 9:10pm
I know several people that have made about 10% return per year pretty consistently and one person that has made 15 - 22% per year consistently. I work with the dude that makes about 15 - 22% per year and have seen his trading statements they are very real and soon he will be retiring since he now generates enough profits to keep himself going without needing to work. You have to be very very good to be making anything around 30% return. If it was possible to generate 30% or more consistantly any hedge fund would be super rich fast and those guys have money to hire the best of the best. With that return you are doubling your money every few years....aiming for 20% per year then retiring early when your pool of money is large enough is very attainable. Anymore and I think your a statistical anomaly. Just my personal opinion.
  • #8
  • Jan 29, 2019 9:14pm Jan 29, 2019 9:14pm
Not sure if anyone considered me a hero but I was once known here. This is my first post in over a year.
  • #9
  • Jan 29, 2019 10:49pm Jan 29, 2019 10:49pm
Quoting 2+2=4ex
Not sure if anyone considered me a hero but I was once known here. This is my first post in over a year.

AHHHHHH 2+2

Of course i remember you !
Master your Mind,,,Master the Market
  • #10
  • Jan 29, 2019 11:32pm Jan 29, 2019 11:32pm
A hero would not do anything for me..
I know I could never reduplicate his/her results.
Stop focusing on others.. And focus on your own strengths.
The only system that will work is one designed by and for yourself.
  • #11
  • Edited 11:50pm Jan 29, 2019 11:33pm | Edited 11:50pm
its the possibility of dream come true that makes it interesting right

If I am successful and rich, I surely won't be posting here or anywhere else, and use corporation onshore or offshore with its own BOD, BOC and Shareholders, complete with army of lawyers and accountant to minimize risk, tax or make business simpler, that way my name won't appear anywhere
In the end its just a stupid numbers game
  • #12
  • Jan 30, 2019 12:45am Jan 30, 2019 12:45am
Quoting danzka
its the possibility of dream come true that makes it interesting right If I am successful and rich, I surely won't be posting here or anywhere else, and use corporation onshore or offshore with its own BOD, BOC and Shareholders, complete with army of lawyers and accountant to minimize risk, tax or make business simpler, that way my name won't appear anywhere
and that 'buaya' will be 'mingkem' and not 'mangap' kelaparan .. wkwkwkw
Dog + Smile = Beautiful Day
  • #13
  • Jan 30, 2019 12:52am Jan 30, 2019 12:52am
Quoting bloodpoodle
A hero would not do anything for me.. I know I could never reduplicate his/her results. Stop focusing on others.. And focus on your own strengths.
Same strategy that I am following too. Chasing others strategy or trading plan is one kind of wasting of time.
  • #14
  • Jan 30, 2019 6:51am Jan 30, 2019 6:51am
Let me implore upon you dear readers, we do not look for heroes so that we may copy them directly, we look to see and know what is possible. We can still forge our own path, but just knowing that someone else has climbed this mountain before helps us realize that it is indeed possible.
Buy, Sell, plus this other thing equals Profit!
  • #15
  • Last Post: Edited 5:35pm Jan 30, 2019 5:14pm | Edited 5:35pm
Quoting TEntropy
{quote} He doesn't trade fx but he is a trading hero. u/IR0NYMAN on reddit. Guy had a $5,000 account and was trading box spreads. Was set to bank $50,000 on the deal that "literally can not go tits up." The deal was also described as "risk free money". Long story short, it went tits up and he owes his broker $60,000.00 A true trading hero if you ask me...
I saw it few days ago, still makes me lmao.
A true Legend.
i lose money for a living
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