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Why you still lose

  • #1
  • First Post: Jan 5, 2020 12:51am Jan 5, 2020 12:51am
The strategies are all rudimentary here and the majority are useless.

There are no skills here. Saw someone with a coveted red flag take a ninety pip loss on euusd and everything was A-Ok. Yet they continue to post every trade and people are supposed to care?

If you want to be a trader then go out and start acting like one. Go watch the market, problem solve, use freaking common sense or grow one applicable to trading. Get off forexfactory for a day.

Know when to move on instead of being the guy gambling a micro account forever. A lot of it is inherent, not everyone can do this. Have you excelled at many other things in life?
  • #2
  • Jan 5, 2020 7:46pm Jan 5, 2020 7:46pm
not much discord i have about strategies result. so many strategies there are which work very good , but its all about temporary , i have never found at any strategy that works for a longtime. honestly speaking.
  • #3
  • Edited Jan 6, 2020 3:44am Jan 5, 2020 9:48pm | Edited Jan 6, 2020 3:44am
So in short, again, they don't work. Or is the excuse to know when to use which strategy...

Either it does or doesn't. Flipping a coin will reap the same results.

You people make it acceptable to lose money. It's bizarre how it's reinforced in everyone here.

All I see are mantras...we must do xxx...etc.

If things aren't gaining traction in two years of trying fx go swing trade equities or just stop all together. Why spot to begin with is wonder.
  • #4
  • Jan 6, 2020 8:46pm Jan 6, 2020 8:46pm
Quoting JTevens
So in short, again, they don't work. Or is the excuse to know when to use which strategy... Either it does or doesn't. Flipping a coin will reap the same results. You people make it acceptable to lose money. It's bizarre how it's reinforced in everyone here. All I see are mantras...we must do xxx...etc. If things aren't gaining traction in two years of trying fx go swing trade equities or just stop all together. Why spot to begin with is wonder.
You have to understand this is a zero sum game. One has to lose in order to win. It's not possible for EVERYONE to win. That's why I'm absolutely discouraged by trading chatrooms and forums such as this because there are traders here, especially the "senior" members who encourage and spoon-feed the majority of sheeple traders the inversion narrative. What's the inversion narrative? It's simple. Trade the way they want you to trade and the professionals take the other side of your trade. Most people here are gonna come storming the front gate on this thread with "OH, YOU JUST NEED GOOD RISK MANAGEMENT," or "OH, YOU JUST NEED TO USE XYZ INDICATORS AND METHODS". No. Nope, sorry. Good risk management doesn't make you money. You can have the perfect risk management strategy and still lose money. You just lose slower. It's like you're being tortured and the torturer is pumping adrenaline to keep you alive while still being tortured. You're still gonna die in the end, it's the truth.

Simply go behind the majority, stay off these chat rooms and forums, just keep an eye on published medium and high impact news and go down the rabbit hole to find out how to make money. You'll be surprised what you'll find.
  • #5
  • Jan 7, 2020 7:14am Jan 7, 2020 7:14am
Quoting HajiMohsin
not much discord i have about strategies result. so many strategies there are which work very good , but its all about temporary , i have never found at any strategy that works for a longtime. honestly speaking.
Well, then I must suggest you, to work on your trading chart; chart reading skill is very much powerful. Depending on the only technical tool isn't enough here.
  • #6
  • Jan 7, 2020 8:24am Jan 7, 2020 8:24am
I agree. Even if you primarily one uses technical analysis, it's good to also be aware of the fundamentals.
  • #7
  • Jan 7, 2020 9:34am Jan 7, 2020 9:34am
Quoting HajiMohsin
not much discord i have about strategies result. so many strategies there are which work very good , but its all about temporary , i have never found at any strategy that works for a longtime. honestly speaking.
if you dont develop your trading strategy , no chance to work it for permanently, its all about practice session. i always use all my trading approach in demo account to see the performance how it works. it supports me really when trading in live.
  • #8
  • Jan 7, 2020 12:10pm Jan 7, 2020 12:10pm
Quoting guttsman007
{quote} You have to understand this is a zero sum game. One has to lose in order to win. It's not possible for EVERYONE to win. That's why I'm absolutely discouraged by trading chatrooms and forums such as this because there are traders here, especially the "senior" members who encourage and spoon-feed the majority of sheeple traders the inversion narrative. What's the inversion narrative? It's simple. Trade the way they want you to trade and the professionals take the other side of your trade. Most people here are gonna come storming the front...
its a good post with so many information. thanks for that.
  • #9
  • Jan 11, 2020 11:38am Jan 11, 2020 11:38am
Quoting guttsman007
{quote} You have to understand this is a zero sum game. One has to lose in order to win. It's not possible for EVERYONE to win. That's why I'm absolutely discouraged by trading chatrooms and forums such as this because there are traders here, especially the "senior" members who encourage and spoon-feed the majority of sheeple traders the inversion narrative. What's the inversion narrative? It's simple. Trade the way they want you to trade and the professionals take the other side of your trade. Most people here are gonna come storming the front...
I was speaking as a former trader at a publicly held company

I don't think all you guys realize how far off you are

The majority of the traders in the industry can't trade, especially out their element. So what's going to separate yourselves from even them.
  • #10
  • Jan 11, 2020 9:06pm Jan 11, 2020 9:06pm
Quoting JTevens
{quote} I was speaking as a former trader at a publicly held company I don't think all you guys realize how far off you are The majority of the traders in the industry can't trade, especially out their element. So what's going to separate yourselves from even them.
I'm not sure what you mean by "how far off you are". Is that to say that I'm wrong? Prove it. I agree the majority of traders can't trade. They don't seem to get it. Chart patterns, candlestick patterns, fancy indicators that are obvious derivatives of price like oscillators, squiggly lines like moving averages etc., all point to a trader that doesn't understand the market. But since you've just revealed to us based on your statement, "I was speaking as a former trader..." so if you're not trading anymore, why are you still on ForexFactory wasting time with demoralizing threads? You should be on to more important ventures I believe, yes?

If you want to know where my views currently stand right now, I'll direct you here to my own thead: https://www.forexfactory.com/showthread.php?t=904876
  • #11
  • Jan 12, 2020 8:46am Jan 12, 2020 8:46am
Where did I state I don't trade

There's nothing you can tell me to understand about trading

There's no value in your zero sum game nonsense; has nothing to do with being profitable. Not even a thought

I can be here

Important ventures...you gotta be kidding kid. There's a lot you won't know.

I could care less about your thread, no thanks
  • #12
  • Edited 9:39am Jan 12, 2020 9:19am | Edited 9:39am
Quoting JTevens
Where did I state I don't trade There's nothing you can tell me to understand about trading There's no value in your zero sum game nonsense; has nothing to do with being profitable. Not even a thought I can be here Important ventures...you gotta be kidding kid. There's a lot you won't know. I could care less about your thread, no thanks
Your Stupid Question: Where did I state I don't trade?
Answer is in your nonsensical response here made Jan 12: I was speaking as a former trader at a publicly held company
Cambridge English dictionary defines former as "of or in an earlier time; before the present time or in the past"
If you're still trading then don't use the word former, got it? Get it right with English if that's your primary language, what a joke.

I was gonna let this one slide but your cocky response kinda stirred me so what the hell.

JTevens Statement: There's nothing you can tell me to understand about trading. There's no value in your zero sum game nonsense; has nothing to do with being profitable. Not even a thought
My response: There isn't anything I'd want to tell you about trading especially with that narcissistic attitude. And because of that, I wouldn't tell you anything meaningful 'cause I gotta take the other side of your trade, duh! Your loss is my gain as they say in the movie Margin Call. No value in the zero game nonsense? And you call yourself a "former" trader? Who's the one joking now? If you don't get that there has to be a buyer for every seller and vice versa, you clearly don't understand market dynamics. So you're right, there's nothing I can tell you to understand about trading because if I told you it'd be like talking to a brick wall lol

JTevens Statement: Important ventures...you gotta be kidding kid. There's a lot you won't know.
My response: Actually, there's ALOT that I do know based on this thread so far. So you don't have important ventures yes? So that means you've got nothing going for you. Based on your dialogue so far I can come to a few conclusions. 1) You're a loser trader who opened up a useless thread, nothing productive here, just berating others' knowledge to boost your own ego, 2) Doesn't understand the word former, probably didn't even get a GED let alone a high school diploma, 3) Has utterly no clue about the functions of the market, who the players and participants are, simple market dynamics and opens up a thread called "Why you still lose"(what a joke), and lastly 4) Berates my comment about having other ventures meaning not only are you a loser trader, you're one nasty, disgusting, narcissist and you're probably a despicable morbid person up front with literally zero direction in life. You'd probably kill a dying cat just by looking at it. So back to your original statement JTevens, are you kidding me kid?

JTevens Statement: I could care less about your thread, no thanks
My response: Likewise. But at the very least mine's productive. You reprimand and admonish others. So I assume you've got it all figured out huh? Makin' them pips huh mate? And yet here you are, opening a ForexFactory account in December of 2019, posting under the rookie session titled "Why you still lose" with nothing meaningful in the thread so far. I wish I could just upload my laughter right now. My question for you is, is this a joke, or are you the joke? lmao
  • #13
  • Jan 16, 2020 8:53pm Jan 16, 2020 8:53pm
Many strategies are there which are working fine with traders, many are losing but not every one is share their loss, as the same time many are earning but not sharing their profits also.
  • #14
  • Jan 17, 2020 2:40am Jan 17, 2020 2:40am
Quoting JTevens
The strategies are all rudimentary here and the majority are useless. There are no skills here. Saw someone with a coveted red flag take a ninety pip loss on euusd and everything was A-Ok. Yet they continue to post every trade and people are supposed to care? If you want to be a trader then go out and start acting like one. Go watch the market, problem solve, use freaking common sense or grow one applicable to trading. Get off forexfactory for a day. Know when to move on instead of being the guy gambling a micro account forever. A lot of it is inherent,...
So please enligthen us on what you do to win.
  • #15
  • Jan 17, 2020 8:30am Jan 17, 2020 8:30am
im going to tell you all this: it doesnt matter if you like the thread starter or not, what his is saying ITS TRUE !! NO ONE (or almost no one) knows how/why they "place" a trade, no one have a true motivation to do this, almost everyone repeat the same crap over and over again and the worst part they dont even stop and think for just 1 second and question themselves "its this right?" no, not at all !! they are just sheep going down the same road of self destruction with their brains turned off and completely disconected from reality !!


you want to know the best part?? tell them something that goes AGAINST their way of thinking, even better: tell them to try it, tell them to stop and think on their own logically for a second and confirm it with the results..

Just grab some popcorn first and watch the show =)
  • #16
  • Jan 17, 2020 9:54am Jan 17, 2020 9:54am
This thread is tasty!

Quoting guttsman007
Answer is in your nonsensical response here made Jan 12: I was speaking as a former trader at a publicly held company
It's impressive how you punched yourself in your own face with unbridled and undeserved arrogance.

I couldn't give 2 shits about JTevens, but you are just too proud of yourself and need a little education. Pay attention to what you yourself posted:

Quoting guttsman007
Answer is in your nonsensical response here made Jan 12: I was speaking as a former trader at a publicly held company
See how there isn't a full-stop at the end of "former trader" which you are so focused on? It's almost like... NO... COULD IT BE?... THERE WAS MORE IN THE SENTENCE? It's almost like JTevens was saying he/she was a former trader at a publicly held company, with no mention whatsoever of the current trading status away from said publicly held company. Difficult stuff to grasp, right?

Quote
Get it right with English if that's your primary language, what a joke.

You are adorable.

Alright... continue with the masturbation.
Congratulations ScalaFX for coming out of the closet!
  • #17
  • Jan 17, 2020 10:20am Jan 17, 2020 10:20am
I am getting a strange feeling that some people are not what they claim to be...
Ha! wait... got it.
This is Retail Forex after all.
  • #18
  • Jan 18, 2020 6:51am Jan 18, 2020 6:51am
Quoting nubcake
This thread is tasty! {quote} It's impressive how you punched yourself in your own face with unbridled and undeserved arrogance. I couldn't give 2 shits about JTevens, but you are just too proud of yourself and need a little education. Pay attention to what you yourself posted: {quote} See how there isn't a full-stop at the end of "former trader" which you are so focused on? It's almost like... NO... COULD IT BE?... THERE WAS MORE IN THE SENTENCE? It's almost like JTevens was saying he/she was a former trader at a publicly held company, with no...
already unsubscribed from the thread. Continue talkin' to yourself.
  • #19
  • Jan 18, 2020 8:40am Jan 18, 2020 8:40am
Quoting guttsman007
{quote} already unsubscribed from the thread. Continue talkin' to yourself.
Thanks, I will.

What are the chances you will also unsubscribe from your inflated sense of self worth?
Congratulations ScalaFX for coming out of the closet!
  • #20
  • May 2, 2020 9:41am May 2, 2020 9:41am
I know what you mean. Many of those who proudly call themselves Traders, in fact, don't know anything at all and don't have any knowledge about it. Some of them act like that for fun, and some of them act like that because they can't do anything at all. And that's a little sad. For real traders, trading is not just a joyful activity in which you can admire the colourful schedules, but a real business. If you don't take it seriously, you'll lose your money. So it's either to grow up and take it all as seriously as possible, or just stop doing it. There's no third option. And as for trading systems - this is a separate topic at all. Maybe some people have their own system, which suits them only. When they write on a forum that they can sell a "miracle autotrading" system that will bring them a lot of money, it's just ridiculous.
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