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has anyone EVER seen a successful trader/trading system?

  • #1,341
  • Mar 26, 2020 12:58am Mar 26, 2020 12:58am
Quoting umbrella man
What’s defined as success? 10% per year? 50%? 1000%? for how long? 1 year? 3yr? 10yr?
the amount of time doesn't matter too much IMO, what matters is the number of trades,
and the amount of drawn down ( including floating loss) compare to the overall profits.
  • #1,342
  • Mar 26, 2020 3:24am Mar 26, 2020 3:24am
Quoting RickM
{quote} All very nice if you pick the trend correctly, most don’t and enter too late. The question I often ask traders is why are they trying to trade a trend. Its a low probability win which is proved by the amount of losing traders out there. The market is coded to reverse at liquidity zones. The advantage is we can let it run, let the market make the big move first before entering when price reaches exhaustion. Far higher win rates this way.
then we can trade with the trend till liquidity zones just like The_Baller does in BP forums. Cmon man, where do you base the fact that reversals are much more profitable than trends? Show me something. Thanks in advance
  • #1,343
  • Mar 26, 2020 3:50am Mar 26, 2020 3:50am
Quoting Mingary
I have NEVER seen a successful retail forex trader. Seen lot's of "flash in the pan" ... eventually they all crash and / or it's a scam. Retail forex is a circus and a casino and should not be taken seriously.
There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off. https://www.forexfactory.com/showthr...3#post12837803
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  • #1,344
  • Mar 26, 2020 4:09am Mar 26, 2020 4:09am
(I posted this in a different thread before.... sorry about re-posting....)

This video shows this trader in Singapore made 70,606,212 yen = $641,874 in 20 days in March.

Watch from 0:40

Inserted Video


I have nothing to do with this man. I just find this video entertaining. You can check his other videos (all in Japanese thou.)

Any thoughts?

PS this man wrote a book that says "I made $23,272 in 27 minutes."
https://www.amazon.co.jp/%E3%82%AC%E...s%2C448&sr=8-4

Again I have no intention of enticing anyone for anything. This is purely just FYI.
  • #1,345
  • Mar 26, 2020 4:11am Mar 26, 2020 4:11am
Quoting Hutch
{quote} There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off. https://www.forexfactory.com/showthr...3#post12837803 {image}
Demo ?
Good grief.
Absolutely useless.
  • #1,346
  • Mar 26, 2020 4:15am Mar 26, 2020 4:15am
Quoting Hutch
{quote} There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off. https://www.forexfactory.com/showthr...3#post12837803 {image}
What is this supposed to prove?
  • #1,347
  • Mar 26, 2020 4:18am Mar 26, 2020 4:18am
Quoting Hutch
{quote} There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off. https://www.forexfactory.com/showthr...3#post12837803 {image}
Just my two cents...

It is easy to cook up this kind record if you never take SL -- the record shows only the trade you want to show.
  • #1,348
  • Mar 26, 2020 4:54am Mar 26, 2020 4:54am
Quoting Forexgogo
{quote} Just my two cents... It is easy to cook up this kind record if you never take SL -- the record shows only the trade you want to show.
Real money or F off demo trading.... 2 accounts one short one lone long means nothing do it real time real money
  • #1,349
  • Mar 26, 2020 5:43am Mar 26, 2020 5:43am
Quoting AmmaBoss
{quote} What is this supposed to prove?
Quoting Mingary
{quote} Demo ? Good grief. Absolutely useless.


I'm sure both of your fathers told you the same thing that my father told me and this is that no matter what we do we need practice in order to improve. As a new trader he needs practice but it looks good so far. Only time will tell how successful he will be since, because of emotions such as fear and greed, demo is not the same as real. As a result this is not absolutely useless
  • #1,350
  • Mar 26, 2020 5:49am Mar 26, 2020 5:49am
Quoting Forexgogo
{quote} Just my two cents... It is easy to cook up this kind record if you never take SL -- the record shows only the trade you want to show.
Geez he has been on FF and also probably trading for less than 3 months I cannot think of any reason why he would fake demo account records
  • #1,351
  • Mar 26, 2020 5:51am Mar 26, 2020 5:51am
Quoting Hutch
{quote} {quote} I'm sure both of your fathers told you the same thing that my father told me and this is that no matter what we do we need practice in order to improve. As a new trader he needs practice but it looks good so far. Only time will tell how successful he will be since, because of emotions such as fear and greed, demo is not the same as real. As a result this is not absolutely useless
that isn't the issue, you posted a few winning trades that he took without a stop loss how can you draw any conclusion from that.
  • #1,352
  • Mar 26, 2020 6:40am Mar 26, 2020 6:40am
Quoting MrGreen95
{quote} What's the point of this post? LOL. That there isn't neither a profitable trader, or that it's impossible to earn money with trading? Well. You claimed nobody ever has never showed some kind of results. Here it is my friend: {image} These aren't my performances. This is a my friend, professional trader and finance student. This is 1 year performance in a fund. Trade well
Hey man, can you guide us to learn how to trade like your friend as I am thinking to sign up in uni to study business and finance?
  • #1,353
  • Mar 26, 2020 2:42pm Mar 26, 2020 2:42pm
Quoting Hutch
{quote} There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off.
Yeah, I too can show you my 3-days-not-even-trying 40 winners in a row no loss 15% gain demo here (mt5, netting)..:
https://www.forexfactory.com/showthr...2#post12831232
However, real trading would be so much harder because of many thing not related to my skills but latency, emotions, and simply impacting the market..
Return To Disorder
  • #1,354
  • Mar 26, 2020 4:50pm Mar 26, 2020 4:50pm
Quoting rockit
{quote} Yeah, I too can show you my 3-days-not-even-trying 40 winners in a row no loss 15% gain demo here (mt5, netting)..: https://www.forexfactory.com/showthr...2#post12831232 However, real trading would be so much harder because of many thing not related to my skills but latency, emotions, and simply impacting the market..
Well we all started with a demo account to learn how to trade and we all made back tests Some of us learned faster
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  • #1,355
  • Mar 26, 2020 10:55pm Mar 26, 2020 10:55pm
Quoting Hutch
{quote} There are lots of successful traders. Here is a screenshot of yesterday's xnaro demo trades who joined FF only in January 2020. This is not my type of trading but he knows how to trade and I'm sure his hard work will pay off. https://www.forexfactory.com/showthr...3#post12837803 {image}

This winning streak is not unusual considering they were made in the midst of bearish market with strong bearish momentum. Lets see his results when the market enters range phase.
  • #1,356
  • Mar 27, 2020 7:29am Mar 27, 2020 7:29am
Quoting josephcom
{quote} 35% Draw-Dawn for 30% profit per year. In a system which has been losing or flat for the last 3 years and only profitable for 2 years in the past 6 years. Would you call this SUCCESS? really? OK, good on you ...
According to the standards and criteria of your first post then this system is successful. Also, have a look at Risk Of Ruin. THat account will NEVER blow up.

What is your minimal accepted returns and maximum accepted drawdown?
  • #1,357
  • Mar 27, 2020 8:54am Mar 27, 2020 8:54am
Quoting Mingary
{quote} "Every business that survives has to diversify " Not true for all businesses But I agree that a trader must diversify out of retail forex or he/she will not succeed. It's a fact that retail forex like any casino (gambling) game can be addictive and is a source of misery..
God damn it you miserable twerp! I been reading this thread for the past 4 hours extending months long, gathering golden nuggets and my bookmark list of forex success is 15+ links long so far.

But you still been replying on this thread while you support that forex is a failure like you, despite the fact that we have shown you a shiton of forex success links.

Even your status are pathetic 'I should be in your ignore list' W-T-F what a weak low self esteem person this thing is.

Somebody tell this low life embarrassment that he really needs to get professional help urgently.
  • #1,358
  • Mar 27, 2020 10:07am Mar 27, 2020 10:07am
Quoting Constantino
{quote} God damn it you miserable twerp! I been reading this thread for the past 4 hours extending months long, gathering golden nuggets and my bookmark list of forex success is 15+ links long so far. But you still been replying on this thread while you support that forex is a failure like you, despite the fact that we have shown you a shiton of forex success links. Even your status are pathetic 'I should be in your ignore list' W-T-F what a weak low self esteem person this thing is. Somebody tell this low life embarrassment that he really needs...
hmmm... judging from your agressive response I can safely assume that:
1) you are not making a living with retail forex as your only source of income
2) You may be just an Introducing Broker looking for customers
3) You may be just offering some products or services that is retail forex related
4) You are looking for ways to increase traffic towards some retail forex paid service

The fact that you claim to be in Cyprus does not add to your credibility... Basically trying to snare some juicy gullible newbies ?..
Or perhaps just misinformed ..
  • #1,359
  • Mar 27, 2020 10:14am Mar 27, 2020 10:14am
Quoting Davit
{quote} You assume too much.Never sold anything or collected emails for that purpose or any.I have been offered numerous times to manage other people's money and I refused.Could of "taken advantage" not who I am.Case closed! As for the thread title.Successful traders dont need to prove they are and come in threads like this to show off.Many on my thread myself included and traders like CNTrader Scott I know they make great money. I deposited healthy amount on my checking from last year profits its more then senior manager makes in corporate America....
looooooooooooooooooooooooooooooooooooooooooooooooooooool you are a MONSTER hahahahahah
  • #1,360
  • Mar 27, 2020 5:20pm Mar 27, 2020 5:20pm
it is possible but not easy...Why? Because of human nature.

Said that the thread starter proved his point, if you cannot prove it shut the f@ck up.
trading is simple but is simple is not easy.
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