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Fools Game

  • #1
  • First Post: Apr 3, 2019 1:02pm Apr 3, 2019 1:02pm
Most here do not know how the market the works .
The technical and the fundamental are in sync always.Going with the herd mentality wont save you because you enter very late when compared to hft or hedgefunds or interbanks. They just reverse the price to the exact point where you keep you stops ,sweep them and go in your direction at this time you think its going the opposite direction and take opposite trade they sweep you stops again and go in the opposite direction.

you are not competing with your neighbor or some daft.you are trying to beat the market which is made of men top in their field.

Who has unlimited supply of money to play against you
Who knows DOM ( Depth of the market)
Who can clearly see where your stops are

Most don't realize that there is someone on the opposite side doing the exact opposite of what you are doing...
you must know the basic fundamentals of this game
When you cant hold anymore,thats when they enter trades to your direction
  • #2
  • Apr 3, 2019 5:10pm Apr 3, 2019 5:10pm
Hello! How did you know that 'most people' don't know these things? How did you arrive at that conclusion?

KP

Quoting Astrologer
Most here do not know how the market the works.... .Most don't realize that there is someone on the opposite side doing the exact opposite of what you are doing...
Do your homework, follow the footprints of smart money
  • #3
  • Apr 3, 2019 7:15pm Apr 3, 2019 7:15pm
Quoting Astrologer
Most here do not know how the market the works . The technical and the fundamental are in sync always.Going with the herd mentality wont save you because you enter very late when compared to hft or hedgefunds or interbanks. They just reverse the price to the exact point where you keep you stops ,sweep them and go in your direction at this time you think its going the opposite direction and take opposite trade they sweep you stops again and go in the opposite direction. you are not competing with your neighbor or some daft.you are trying to beat...
I think some people know what you're saying. So what system do you have in mind?
  • #4
  • Apr 3, 2019 9:54pm Apr 3, 2019 9:54pm
Quoting KeenPips
Hello! How did you know that 'most people' don't know these things? How did you arrive at that conclusion? KP {quote}

Most dont know because if they had known they will in on a profitable side.According to any broker atleast 85% lose their money.So most do not know.you dont have to get inside their brain and check .we just need the overall picture
When you cant hold anymore,thats when they enter trades to your direction
  • #5
  • Apr 3, 2019 10:05pm Apr 3, 2019 10:05pm
System

Its very flexible. I just take the crosses of EMAs. If you give your failing system to a good trader he can still make money trading it. Everything works if you know how to trade the market. If you don't know even a profitable strategy wont work for a losing trader.

So when you hear the word crosses,most would have thought its not going to work.There are set of unique rules to be followed before making an entry.What are those rules ? We shall discuss in detail .
When you cant hold anymore,thats when they enter trades to your direction
  • #6
  • Apr 3, 2019 10:20pm Apr 3, 2019 10:20pm
some ground rules


1) This is thread to discuss about trading only nothing else
2) You talk about trading and everything about trading and nothing else
3) If you criticize someone you will be blocked without warning.
4) If you do not follow the rules will remove you without notice
5) You adapt this style of trading to your style but please do not discuss in this thread
When you cant hold anymore,thats when they enter trades to your direction
  • #7
  • Apr 4, 2019 4:50am Apr 4, 2019 4:50am
You are moving to a different topic, the proportion of traders who lose. At any rate, good luck in your effort.

KP

Quoting Astrologer
{quote} Most dont know because if they had known they will in on a profitable side.According to any broker atleast 85% lose their money.So most do not know.you dont have to get inside their brain and check .we just need the overall picture
Do your homework, follow the footprints of smart money
  • #8
  • Apr 4, 2019 4:58am Apr 4, 2019 4:58am
how can anyone know what truly happens? why are there no facts about why people or institutions for that matter lose? is everything always hushed up and swept under the rug?

Is there really no example somewhere where someone sold 100 million of pound or whatever expecting to push the price down to whatever amount and instead it was bought up and bought up again some more at the exact time by so and so and thus sent the price in the exact opposite direction sending the original sellers intentions and account into disseray?? could the 2 trades ever be linked up in unison and documented as proof that one lost and another won?
life is a reflection of what we allow ourselves to see
  • #9
  • Apr 4, 2019 5:04am Apr 4, 2019 5:04am
there doesn't seem to be any hard facts about anything, its just forex factory regurgitated text of

 

  1. retails traders lose more than win
  2. banks or whoever and whatever hunt your stops

I don't know anyone that trades forex except for me and it seems to me that trading forex is not that common I mean how many people do you really know that trade forex? probably not many

life is a reflection of what we allow ourselves to see
  • #10
  • Last Post: Apr 4, 2019 9:00am Apr 4, 2019 9:00am
Quoting KeenPips
You are moving to a different topic, the proportion of traders who lose. At any rate, good luck in your effort. KP {quote}
T
Avoid what is Strong,Strike at what is Weak
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