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Successful traders are very, very rare to find

  • #441
  • Jan 8, 2019 7:27pm Jan 8, 2019 7:27pm
This is quite the thread the flash crash got every body on the edge
  • #442
  • Jan 9, 2019 4:42am Jan 9, 2019 4:42am
Well i second Leeshindig, nobody is forcing you guys to follow Ghosts ideas but if you want a chance in this game then i can only endorse Ghost Walker and the whole thread he has put together to assist and motivate trades moving forward, i myself have been duped by supposed experts that in reality haven't got a clue and without GW i would of walked away but now im equipped and ready to go. Too much negativity if you ask me i wish all a happy 2019 and gonna get back to the thread that actually has any real credit.
  • #443
  • Jan 9, 2019 6:53am Jan 9, 2019 6:53am
GW one of the best traders i ever seen, Anyone who says otherwise does not know what he is talking about...
  • #444
  • Edited 11:05am Jan 9, 2019 10:02am | Edited 11:05am
Quoting Ghost Walker
{quote} I'm being obnoxious, NO, I just won't be walked over by a failed trader who knows nothing of the subject he is attempting to have knowledge of and tries to present lies as facts. No matter how big your delusion I will stay here and ensure every FF member KNOWS YOUR TRUE COLOURS and that there are SUCCESFUL TRADERS HERE WHO ARE WILLING TO HELP, you are obviously comfortable in walking over people and throwing your tantrum until you get your way, well stiff shit, I won't BE ACCEPTING IT. You really are delusional, you come back after 24hrs...

Still no trade explorer ?, i don't bother reading your verbal diarrhea, wasted too much valuable time on you.
Enjoy your fantasy world but keep in mind that outside of it you are and always will be a clown.

Bye.
i lose money for a living
  • #445
  • Edited Jan 10, 2019 5:00am Jan 9, 2019 5:02pm | Edited Jan 10, 2019 5:00am
Quoting tylerbose
{quote} Still no trade explorer ?, i don't bother reading your verbal diarrhea, wasted too much valuable time on you. Enjoy your fantasy world but keep in mind that outside of it you are and always will be a clown. Bye.
Block me and run, REALLY !!! your own actions and lies bury you, trade explorer proof and ample more there for you to read but you refuse to read it, whos the clown and speaking verbal diarrhoea !!! you poor thing, so glad this happened, now your marked and everyone knows your a troll, my job here is done, all the best, GW
IMPROVISE ADAPT OVERCOME
  • #446
  • Jan 10, 2019 7:24am Jan 10, 2019 7:24am
Quoting tylerbose
{quote} I was keeping it polite but you're being obnoxious. I read your thread, like most narcissist pricks on FF you claim to be "successful" but have only your word to show for it. Your thread is rambling and ego masturbation, your "system" is a mix of various garbage indicators picked here and there mostly from Nihilist, a commercial member who now sells his creations because he obviously never made money trading with them. But i gave you the benefit of the doubt, i did read your thread, trying to look for hints of "success" couldn't find any,...
I see the only thing you are good at is to blow hot air and ruffle feathers.
You lack tact, you lack discernment and the ability to reason.

That I am subscribed and contribute to a thread does not mean that all the trades on my Trade Explorer are from the methods thought in that thread. In fact I am subscribed to several threads but my TE is not related to any of them.
Did you see me post any trades taken from the Southern Cross Traders Systems on that thread?

You seem to be a blind man giving directions to half blind students, they will soon discover the fraud that you are.
Let it turn and find your entry.
  • #447
  • Jan 10, 2019 8:07am Jan 10, 2019 8:07am
Quoting Intrepidpips
{quote} I see the only thing you are good at is to blow hot air and ruffle feathers. You lack tact, you lack discernment and the ability to reason. That I am subscribed and contribute to a thread does not mean that all the trades on my Trade Explorer are from the methods thought in that thread. In fact I am subscribed to several threads but my TE is not related to any of them. Did you see me post any trades taken from the Southern Cross Traders Systems on that thread? You seem to be a blind man giving directions to half blind students, they will...
I have no students you blithering retard, and i can't be a fraud because i'm not pretending to be anything.
Not much logic happening in your head huh.
i lose money for a living
  • #448
  • Jan 10, 2019 1:32pm Jan 10, 2019 1:32pm
Quoting Rennaissance
I don't know your experience, but successful traders are very hard to find. A lot of guys who seem successful will fail over the long because they use negatively skewed strategies. What's your experience guys?
traders who can separate emotion from their trading decisions will always be successful

the ones who are emotional always make irrational decisions about buying or selling because they let greed and fear dictate the outcome

you can have a purely mechanical trading strategy that is basic and still be successful compared to those who use robots or randomly buy or sell
Don't Worry Be Happy
  • #449
  • Jan 10, 2019 8:48pm Jan 10, 2019 8:48pm
Quoting MrPresident
{quote} traders who can separate emotion from their trading decisions will always be successful the ones who are emotional always make irrational decisions about buying or selling because they let greed and fear dictate the outcome you can have a purely mechanical trading strategy that is basic and still be successful compared to those who use robots or randomly buy or sell
is the so called "gut feeling" qualify as an emotion?
if trading robots are the perfect manifestation of a work process, why are all need human supervision 24/7?
if bacis purely mechanical strategy is the easiest to program to an EA correctly, why so many EAs failure?
there is always, always another trade!!
  • #450
  • Jan 10, 2019 8:54pm Jan 10, 2019 8:54pm
Quoting profitfarmer
{quote} is the so called "gut feeling" qualify as an emotion? if trading robots are the perfect manifestation of a work process, why are all need human supervision 24/7? if bacis purely mechanical strategy is the easiest to program to an EA correctly, why so many EAs failure?
You would be surprised at how many times the human trader overrules the robot when it goes through a drawdown.
If you are good at something, never do it for free--Joker
  • #451
  • Jan 10, 2019 9:59pm Jan 10, 2019 9:59pm
Make everything simple guys. Im not good at English but, i think we, trading people, are making everything more complicated, from useful information to useless gabage.
Ftmo2 All Time Return: 45.7%
  • #452
  • Jan 10, 2019 10:05pm Jan 10, 2019 10:05pm
Quoting jmn5611
{quote} You would be surprised at how many times the human trader overrules the robot when it goes through a drawdown.
would yo be surprised if you find out the simple basic strategy ( or any other) may produce different forward result than an optimized backtest suggested, thus trading robots may need supervision even to keeping to a predefined risk parameter in case something 'unusual' happen?
the fact is, that any large quant trading fund is monitoring their trading robots full time, and for a good reason.
it isnt end with a put it on a VPS and forget about while waiting to become a millionaire.
there is always, always another trade!!
  • #453
  • Jan 10, 2019 10:50pm Jan 10, 2019 10:50pm
Quoting profitfarmer
{quote} would yo be surprised if you find out the simple basic strategy ( or any other) may produce different forward result than an optimized backtest suggested, thus trading robots may need supervision even to keeping to a predefined risk parameter in case something 'unusual' happen? the fact is, that any large quant trading fund is monitoring their trading robots full time, and for a good reason. it isnt end with a put it on a VPS and forget about while waiting to become a millionaire.
This is true, but they are watching many more than one robot. When this happens correlation becomes a factor. Any fund that you ever could do research on was brought down when the correlation on the instruments became abnormal.
If you are good at something, never do it for free--Joker
  • #454
  • Jul 18, 2019 12:52am Jul 18, 2019 12:52am
Quoting reteid2222
{quote} This comes from a guy who proclaims to spend 30000 Euros on 75 EAs, has written himself 200 EAs and is here begging like a poor man for EAs in mq4 code... This is the background...if you are NOT successful success is like a high hill which is never reachable.. (1.)Successful strategies gets away like a rain shower in egypt.... Example: The MOT-Thread...after getting 40% the owner removed the trend indicator....after 120% he removed the main part of the strategy description and now sell the EA in a new thread.... The GAP Excel thread...the...
Hello reteid2222, I don't know about Mot system. Can you explain it? What is number indicator line? Thank you very much!
  • #455
  • Sep 5, 2019 2:42am Sep 5, 2019 2:42am
In the real world, one needs to have a high degree of control in order to be successful. However in trading one needs to keep a check on his emotions which is always not easy. There have been many traders who had excellent trading skills but they were somehow not able to manage their emotions. These emotions are something which stops a trader to become successful.
  • #456
  • Sep 5, 2019 4:42am Sep 5, 2019 4:42am
Many people define successful traders is those who can profit big money over night, I'm really sick of this kind of conclusion. What do you guys think?
  • #457
  • Sep 5, 2019 1:13pm Sep 5, 2019 1:13pm
Quoting Joebrown
Many people define successful traders is those who can profit big money over night, I'm really sick of this kind of conclusion. What do you guys think?
Sure man... Before anyone can argue about "success", "trader"... we might first define the two, separately... let alone together! so "successful trader" can be very abstract term... But I agree with you there... The rookier the trader... the more he "respects" the return.. even if crazy risk/exposure is behind it... The older, more experienced the trader... the more he/she values the consistency, stability...

I will give you another example.. but this is somewhat extreme.. maybe won't be understandable... REAL return at 0%.. would be NICE also Meaning, (de)inflation-adjusted REAL return... of 0%.. would mean that you at least preserve the value or great portion of it... because every formula compares it to something and something might not be included... but you get the idea...

Basically, for rookie trader, if you can not DOUBLE the account at least once a year... better... every 2-4months you might just well be ignored by many, specially newcomers... At the same time... many "successful traders", by rookies (or even more experiences traders) won't even look at returns because they would get stuck at DD/exposure etc...

But you also have to understand that many begin with POCKET change... so (consistent - if such thing exist in this markets, longterm 10% might be golden if you already have at least 100k... for trading.. that would give you some INCOME... for great part of the world... but even that is not much... So traders that start with 100USD or less... are forced to look for maximum return possible.. and to expose themselves to the teeth... in the aim of getting 100mio or it depends on their number...

But there are many definitions for success and ALL are potential right for an individual so there is no need to be angry or to argue with anyone... I personally thing that successful TRADER is the one that can make the living for himself with trading.. That's it
Can you afford to take that chance?
  • #458
  • Sep 5, 2019 9:55pm Sep 5, 2019 9:55pm
Good Day,

It took a long time to achieve but bottom line for me was to know how I would react under certain conditions. You are your worst enemy, so bring your enemy closer...
Attached Image
We err, and err, and err again, but less.
  • #459
  • Sep 8, 2019 10:36pm Sep 8, 2019 10:36pm
The more successful ones I have associated with -- have a company mindset rather than individual Rambo mindset or 'I did the 30% ~ 1000% roi '

They are already millionaires in their own space and can't really be bothered forums. Most already will have their own inner circle.
Improve yourself every single day
  • #460
  • Sep 8, 2019 10:39pm Sep 8, 2019 10:39pm
Quoting benjamin89
GW one of the best traders i ever seen, Anyone who says otherwise does not know what he is talking about...

Greg Wilson?
Improve yourself every single day
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