Disliked{quote} been in the industry mate for a long long time , tell me about the true face retail forexIgnored
(Apparently no longer on youtube.... too many complaints ?)
https://vimeo.com/185934989
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Disliked{quote} been in the industry mate for a long long time , tell me about the true face retail forexIgnored
Disliked{quote} Sure let's start with this: (Apparently no longer on youtube.... too many complaints ?) https://vimeo.com/185934989Ignored
Disliked{quote} People on benefits are the prime target of your infomercialsIgnored
Disliked{quote} I am right on subject to your statement of a working life being better tha a forex life. now as to your statement on probability. if it is based on hindsight analysis then I would say its worth far less in terms of quality than if it was based on a news event. you don't have to predict in order to make money. you just need to know when an event is significant to the extent that there is scope for profit while the market is reacting.Ignored
Disliked{quote} if you are testing only technical strategies without any consideration for factors behind market moves then yes, randomness is a problem. this is why traders look at things in probability terms. I am not referring to predicting anything but rather reactionary. so here is a current example. this weekend drone attacks took out 5.7 million barrels of oil production in Saudi Arabia. by itself it isn't a trade but should CAD begin to strengthen at open tonight or tomorrow, you have a tangible reason to buy CAD. this isn't a random event it is...Ignored
Disliked{quote} Sure, some events can create a scope for profit, but in the end you still have to bet on the event. It can be the right bet or it can be the wrong bet So all in all, you are not much better off than placing your trade "when the fast moving average crosses the slow moving average"Ignored
Disliked{quote} Point me to my infomercial! where is it? it is clear you have run out of ammo because you are now inventing it as you go.Ignored
Disliked{quote} you don't need to predict to be right. this is why you have never found success.Ignored
Disliked{quote} I am not saying anything about predicting .. Are you saying that you never take a loss ?Ignored
Disliked{quote} losses are part of the business I never said I don't take them and I never said every trade is a sure thing. losses however aren't an indication of forex being a scam. if you keep them small and less common then your account will growIgnored
Disliked{quote} ok. so like I said before, you are placing a bet. You are placing a bet on the likely outcome of some market event. 'Losses are part of the business" therefore you are taking a risk and you try to keep the risk small How is that any different than any trading system out there ?Ignored
Disliked{quote} i saw the videos a while ago mate , its like you want to be a jet pilot but could not get your drivers license ,Ignored
Disliked{quote} Digging a little deeper .. Don't you think it's rather odd that the producers of this documentary could only find these types of individuals ? They spent time and energy to survey this activity, and that is all they could find .. absolutely dismal. Where are the retail forex millionaires ? I mean, really ... the only one who seems to be flying a bit higher (charlie) is hiding the fact that he is running the usual "forex trading training" for a fee (eezeetrader.com) I am not getting a sense of a prosperous millionaire making activity in any...Ignored
Disliked{quote} 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.Ignored
Disliked{quote} you see mate again these so called daytraders did not learn they learnt a bit to get by nothing else now , this is how you trade the sharmarket i used to buy bhp when it use to fall by 50cent to 70 cents i get 1000 shares cost about $14000.00 aud the next day or 2 went up by that amount 70 cents and i used to do that once a week , this was 30 years ago i was working so i used to find shares that diped a bit looked at the last 5 years charts in my spare time, i have posted this before people trade with a very narrow view of trading i look...Ignored
Disliked{quote} Sure, there may be a way to make this work. Perhaps someone has found a way to make money in Retail forex, and perhaps you have found a way. But the question is: why in the world could they not find any one successful ?Ignored
Disliked{quote} people prefer to call good and successful traders names and try to undermining there good name , i know other successful traders on FF and will not post or help new traders but we do mail each other and chat that way , and even i am thinking its all becoming to hard ,Ignored
Disliked{quote} Ok I get that. but I am looking at the bigger picture. This is a BBC documentary ... of all the people they surveyed these characters were the best they could find to represent the world of retail forex ? Apparently they could not find any winners ? Don't you think it's a bit odd ?Ignored
Disliked{quote} Sure, there may be a way to make this work. Perhaps someone has found a way to make money in Retail forex, and perhaps you have found a way. But the question is: why in the world could they not find any one successful ?Ignored