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The Secret to Success and profitable trading - What is it?

  • #182
  • Aug 26, 2019 5:40pm Aug 26, 2019 5:40pm
Quoting STrading
"And since meeting these guys i myself haven’t lost a days trading in months" The forex market works this way, if your equity gets lower you lost money, if it gets higher you made money. Stop fucking with your Balance and telling people that you havent lost a day trading for months.
Um,
What would be your advice to a daytrader who doesn't carry trades then?
Obviously not a losing day for month(s) still exist...without any need to fuck with balance...
What if your sandbox is too small, and missing out on a bigger reality?
there is always, always another trade!!
  • #183
  • Aug 26, 2019 5:54pm Aug 26, 2019 5:54pm
Quoting profitfarmer
{quote} Obviously not a losing day for month(s) still exist...without any need to fuck with balance...
Can you do it? Trade for months and not have a losing day. Do you know anybody that can do it?
  • #184
  • Aug 26, 2019 5:58pm Aug 26, 2019 5:58pm
Quoting STrading
{quote} Can you do it? Trade for months and not have a losing day. Do you know anybody that can do it?
i can , now ask you question another way how many winning trades do you get before a loss
people leave, but this thread will go on for ever
  • #185
  • Aug 26, 2019 6:05pm Aug 26, 2019 6:05pm
Quoting Aussi
{quote} i can , now ask you question another way how many winning trades do you get before a loss
It depends, and i really dont care too much about win loss ratio because its possible to make money losing more trades that what you win.
You are telling me that every day your equity ends higher than the day before?
  • #186
  • Aug 26, 2019 6:25pm Aug 26, 2019 6:25pm
Quoting STrading
{quote} Can you do it? Trade for months and not have a losing day. Do you know anybody that can do it?
Yes. Can do. That is 1 losing day this year. ( https://www.forexfactory.com/showthr...1#post12444471 )
The reason I was asking you.
Although what I can or can not, won't make any difference to your trading, but who knows, sometimes just knowing it is possible, can give a new motivation to keep working on something.
Like a goal of a month or two month or whatever length without a losing day.
there is always, always another trade!!
  • #187
  • Aug 26, 2019 6:47pm Aug 26, 2019 6:47pm
Quoting profitfarmer
{quote} Yes. Can do. That is 1 losing day this year. ( https://www.forexfactory.com/showthr...1#post12444471 ) The reason I was asking you. Although what I can or can not, won't make any difference to your trading, but who knows, sometimes just knowing it is possible, can give a new motivation to keep working on something. Like a goal of a month or two month or whatever length without a losing day.
Ok, let me ask you do you close all the trades before the end of the day?
Is that Profit graph your equity or your balance?
Im asking this just for curiosity, not to argue more, you have showed your performance and i can choose to believe it or not, but i will respect.
  • #188
  • Aug 26, 2019 7:09pm Aug 26, 2019 7:09pm
Quoting STrading
{quote} Ok, let me ask you do you close all the trades before the end of the day? Is that Profit graph your equity or your balance? Im asking this just for curiosity, not to argue more, you have showed your performance and i can choose to believe it or not, but i will respect.
all scalps are closed in profit only one trade loss this month , go to my ff site and look , i do live trades and what you choose to believe or not i do not definitely care about what you think or believe , and over the years on here have shown my accounts only to get pestered by greed , so i do not do it any more no matter who begs and begs are you one of those .
people leave, but this thread will go on for ever
  • #189
  • Aug 26, 2019 7:18pm Aug 26, 2019 7:18pm
Quoting STrading
{quote} It depends, and i really dont care too much about win loss ratio because its possible to make money losing more trades that what you win. You are telling me that every day your equity ends higher than the day before?
yes it does
people leave, but this thread will go on for ever
  • #190
  • Aug 26, 2019 7:29pm Aug 26, 2019 7:29pm
Quoting Aussi
{quote} all scalps are closed in profit only one trade loss this month , go to my ff site and look , i do live trades and what you choose to believe or not i do not definitely care about what you think or believe , and over the years on here have shown my accounts only to get pestered by greed , so i do not do it any more no matter who begs and begs are you one of those .
Come on man you have to be fucking with me. First link that i click on your profile and in big fucking letters "someone that says they have 100% wins needs to prove it or shut up in my books ". Are you serious?
  • #191
  • Aug 26, 2019 7:34pm Aug 26, 2019 7:34pm
Quoting STrading
{quote} Come on man you have to be fucking with me. First link that i click on your profile and in big fucking letters "someone that says they have 100% wins needs to prove it or shut up in my books ". Are you serious?
note i said 100% wins i have 99.6% and please go on and nit pick things
people leave, but this thread will go on for ever
  • #192
  • Aug 26, 2019 7:40pm Aug 26, 2019 7:40pm
Quoting Aussi
{quote} note i said 100% wins i have 99.6%
Ok, my bad have to pay morre attention to litlle details.
  • #193
  • Aug 26, 2019 7:42pm Aug 26, 2019 7:42pm
Quoting Aussi
{quote} note i said 100% wins i have 99.6% and please go on and nit pick things
I didnt nit pick, its on the first page in big letters
  • #194
  • Aug 26, 2019 7:43pm Aug 26, 2019 7:43pm
Quoting STrading
{quote} Ok, my bad have to pay morre attention to litlle details.
if you are a broker looking to hire me i have to say no mate
people leave, but this thread will go on for ever
  • #195
  • Aug 26, 2019 7:44pm Aug 26, 2019 7:44pm
Quoting STrading
{quote} I didnt nit pick, its on the first page in big letters
i know i should have qualified it
people leave, but this thread will go on for ever
  • #196
  • Aug 26, 2019 7:45pm Aug 26, 2019 7:45pm
Quoting Aussi
{quote} if you are a broker looking to hire me i have to say no mate
I only hire traders with 100% accuracy, feel free to keep trying and dont lose hope.
  • #197
  • Aug 26, 2019 8:01pm Aug 26, 2019 8:01pm
Quoting STrading
{quote} I only hire traders with 100% accuracy, feel free to keep trying and dont lose hope.
Attached Image
this is what i am about with out question , hope where did that come from
people leave, but this thread will go on for ever
  • #198
  • Aug 26, 2019 8:27pm Aug 26, 2019 8:27pm
Quoting profitfarmer
{quote} Yes. Can do. That is 1 losing day this year. ( https://www.forexfactory.com/showthr...1#post12444471 ) The reason I was asking you. Although what I can or can not, won't make any difference to your trading, but who knows, sometimes just knowing it is possible, can give a new motivation to keep working on something. Like a goal of a month or two month or whatever length without a losing day.
I've gotta give you major credit. There are a lot of doom and gloom types on the forum that spout that FX isn't beatable, and yet you have shown an incredibly consistent track record. Admittedly I nearly believed them a year ago when I started out in FX, but I refused to be a defeatist and pushed on.

Just curious what caused that single losing day though? surprise news event?
  • #199
  • Aug 26, 2019 9:19pm Aug 26, 2019 9:19pm
Quoting Striped
{quote} I've gotta give you major credit. There are a lot of doom and gloom types on the forum that spout that FX isn't beatable, and yet you have shown an incredibly consistent track record. Admittedly I nearly believed them a year ago when I started out in FX, but I refused to be a defeatist and pushed on. Just curious what caused that single losing day though? surprise news event?
It was NFP Friday. ( 3rd May, 2019)
But the run was after, on some brexit rumour, on the GBP crosses. I was trading/fading GU, short, from some levels that turned out too early ( in hindsight).
So, yes, surprise news event.
Did small adjustment afterwords to provision for possible GBP surprises ( about brexit), that came handy a couple other days.

Quoting STrading
{quote} Ok, let me ask you do you close all the trades before the end of the day? Is that Profit graph your equity or your balance? Im asking this just for curiosity, not to argue more, you have showed your performance and i can choose to believe it or not, but i will respect.
Apart the said Friday, all other day ended fully flat.
Friday was partially closed, the rest scaled out at Monday. Thus my equity=to balance. ( Less the above 1 day, this year).
Feel free to choose what you believe.
there is always, always another trade!!
  • #200
  • Aug 26, 2019 10:14pm Aug 26, 2019 10:14pm
Stop bickering guys.

Some traders have high winloss rate with small reward risk.
Some traders have average winloss rate with high reward risk.
Some traders have high winloss rate with high reward risk.

Some are scalpers.
Some are intraday swing traders.
Some are swing traders.
Some are position traders.
Some are investors.

Some trade 10 trades a day.
Some trade 10 trades a week.
Some trade 10 trades a month.
Some trade 10 trades a year.

Some trade with certain lotsize.
Some trade with certain risk reward.
Some trade with certain % risk.
Some average down, marty...

Some are TA traders.
Some are FA traders.

Some trade rule based mechanical systems
Some trade discretionary.
Some combination of both.
Some trade with bots.

Some trade own money.
Some trade OPM.

And so on.....

Different strokes for different folks.
Focus on making good money.

It's not how much you know.
It's how much money you make from what you know.

Reality - many traders lose money nett, few make supplement money, few make income, few make investment gain, only very few make life changing money.
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