Disliked{quote} Was it you last night acting in that forex infomercial ? But wait you forgot to mention your flying session https://www.youtube.com/watch?v=vpsncJlNX68Ignored
Does anyone still believe that Forex is a zero sum game? 15 replies
Winners scale winners, losers scale losers 12 replies
Is Forex a ZERO Sum game? 62 replies
If losers average losers, then I am a loser 10 replies
Forex: A Zero Sum Game? 18 replies
Disliked{quote} Was it you last night acting in that forex infomercial ? But wait you forgot to mention your flying session https://www.youtube.com/watch?v=vpsncJlNX68Ignored
Disliked{quote} You are not staying on topic Here it is again: Therefore it's always a question of probability, it can never be a sure thing, unless of course you are a fan of those late night forex infomercials. They seem to have all the answers on how to become a retail forex millionaire.Ignored
Disliked...Day traders with strong past performance go on to earn strong returns in the future. Though only about 1% of all day traders are able to predictably profit net of fees. 1 Traders with up to a 10 years negative track record continue to trade. This suggest that day traders even continue to trade when they receive a negative signal regarding their ability. 1 Profitable day traders make up a small proportion of all traders 1.6% in the average year.However, these day traders are very active accounting for 12% of all day trading activity. 1 Among all...Ignored
DislikedHi Profitfarmer, I simply can't stand liars. But you make a good point that it's worthless to discuss with snake oilers. A waste of time. So please Tropy, Aussi, Drolph... and all other snake oilers running in overdrive.... cool down in an other tread. Thanks, Hudi.Ignored
DislikedI have to say that most of the presented facts and claims in this thread are 100% correct. I know this not because I trust the research papers (some of them are wrong) but because I made my own research. I studied the market extensively in the last few years. This includes thousands of simulations, data mining, demo testing, live testing...... I personally wrote several millions lines of code. And I also used data mining tools like the Strategy Quant platform and others. I even made my own data mining tools for MT4 and MT5. Over the last few years...Ignored
Disliked... The funny thing is, after awhile these rock-stars super traders always disappear somewhere. And then you are thinking, well they must be too busy, spending all these millions. While in reality they all go bankrupt and are too ashamed to admit it!Ignored
Disliked{quote} Do you have proof of this? All traders trade because of greed? Can't other emotions make traders trade also?Ignored
Disliked{quote} Wrong.... they can end up with an desastrous negative balances..... Maybe it's worth to refresh the collective memory.....just one example..... The Swiss SNB Tsunami........15.01.2015 https://www.forexfactory.com/showthread.php?p=7995664 Retail forex with typical leverage up to 100 and in some cases even up to 1000 (at very shady brokers) can financially ruin you within the blink of an eye, if you trade overleveraged. TIgnored
Disliked{quote} Please provide the proof that "they all go bankrupt"... how do you know this? or is this just your opinion?Ignored
Disliked{quote} You want proof? this is easy to find. 1. Simply go on all large social trading sites where the "best" traders post their trading accounts.Ignored
QuoteDislikedMost of them sell signals and you can copy their trades for a small monthly fee. But it's not necessary..... to pay. 2. Find the top 20 traders in each site and take screenshots of their performance on a regular basis, every month. 3. Keep the records and after some time, maybe 6 months, maybe a year.....you will start to notice interesting things happening. You will notice that the old leaders in top 20 will disappear (completely), and will be replaced with new leaders. And this process is constant.
QuoteDislikedThe other interesting fact is that there are hundreds of thousand of traders online, in forums, in social networks everywhere. But the percentage of leaders is extremely small. In fact it's abnormally small. Even in a completely random but fair game given such large sample of players we should see thousands of winners everywhere. Many of them with huge compounded accounts over 100 mil. and even billions. But we don't see any of that in the retail forex space.
Disliked{quote} You want proof? this is easy to find. But if you understand the math and the odds in Forex such proof is no longer necessary. ..Ignored
Disliked{quote} did not say all traders , but if you want proof dont be lazy and ask me you can find plenty of proof on the net addicted gamblers are addicted to greed , and i agree other emotions are a big part of tradingIgnored
Disliked{quote} I'm not trying to be lazy I just thought you already had the data sheet in hand that proved the statement you made ..hehehehe ..but could it also be that some gamblers are addicted for some other reason besides greed, like, pleasure of winning, or maybe even they are addicted to losing, or they are addicted because they want to come up with a winning system..etc..Ignored
Disliked{quote} You want proof? this is easy to find. But if you understand the math and the odds in Forex such proof is no longer necessary. But anyway... here is what you have to do to get your proof (besides math): 1. Simply go on all large social trading sites where the "best" traders post their trading accounts. Most of them sell signals and you can copy their trades for a small monthly fee. But it's not necessary..... to pay. 2. Find the top 20 traders in each site and take screenshots of their performance on a regular basis, every month....Ignored