The brutal truth of day trading | Page 115 | Forex Factory

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The brutal truth of day trading

  • #2,281
  • Jul 22, 2021 6:17am Jul 22, 2021 6:17am
Quoting Techanalyst
{quote} No one cares really. If you are not trading/investing, why are you here wasting your time? Either put in some work, and if you don't want to, get off your lazy behind and go do something useful with your time. Pick another career. Don't be a fool.
Im not a profissional trader but im expecting to be one day
  • #2,282
  • Jul 22, 2021 6:19am Jul 22, 2021 6:19am
Quoting superamigo
{quote} Im not a profissional trader but im expecting to be one day
None of us retail traders are "professional traders" because we do not work for any banks or institutions. We work for ourselves, making money on the capital we deposited. But you can learn to approach this business professionally.
  • #2,283
  • Jul 22, 2021 6:26am Jul 22, 2021 6:26am
Quoting Techanalyst
{quote} No one cares really. If you are not trading/investing, why are you here wasting your time? Either put in some work, and if you don't want to, get off your lazy behind and go do something useful with your time. Pick another career. Don't be a fool.
Techanalyst...
You are trying to offend me?? Second time in a row.... (lack of arguments?) You are not able to do it... change your attitude and take this advise from an old man...
about trading ... I like it... simply as that, keeps me busy, makes me learning all the time, it is may passion, which passion I can share with nice and friendly people can be found around here on FF. For me is enough ... and if time to time gain for glass of wine is fine...

Stay Well
  • #2,284
  • Jul 22, 2021 6:29am Jul 22, 2021 6:29am
Here you said long-term sucks...

Quoting ryuryu
Day trading rule, long-term sucks
Then you tell long-term might be profitable...

Quoting ryuryu
{quote} The topic was that it is impossible to be profitable with day trading, only long-term. But it is, for sure, possible. If you like to trade long-term why not? There is no need to proof that long-term is profitable.
Here you asked for proof...

Quoting ryuryu
Show me stats where SL works. Show me stats where 1:2 RR works. Show me comparison of 2 good traders: one day trader second long term to see the difference. And so on. I know the answer. These statements are stupid, it is pure lie. The only purpose to force them everywhere is to trap newbies and take their money. No other purpose.
Now you tell no proof needed...

Here are some more doubts from you regarding long-term...

Quoting ryuryu
As I see the problem with long term trading is that the DD can be very big. In short term day trading DD is lower.
When you trade 100 usd account and have dd 50%. When you trade all the same with 200 usd account - dd is 25%. When 400 usd - then dd is 12.5%.. not depending on long or short term trading style... but yes - profits % the same... want more safety? expect fewer % profits... find balance what suits your profit expectations and risk tolerance.
  • #2,285
  • Jul 22, 2021 6:29am Jul 22, 2021 6:29am
Quoting BlackNapkins
{quote} Techanalyst... You are trying to offend me?? Second time in a row.... (lack of arguments?) You are not able to do it... change your attitude and take this advise from an old man... about trading ... I like it... simply as that, keeps me busy, makes me learning all the time, it is may passion, which passion I can share with nice and friendly people can be found around here on FF. For me is enough ... and if time to time gain for glass of wine is fine... Stay Well
I did not try to offend you. We are talking. My arguments are right on point. Thank you for the advice, but have been doing this for about 11 years, and successfully for about 6 years. Take my advice, if you are not taking this business seriously, it is a waste of time. It is not a " part time job", it is not "for fun" it is a business that can make you a great revenue, but it is also a business as if you are not careful and do not know what you're doing, it is worst than gambling and you will lose money and time. Advice from a 35 year old mature man. Trade safe.
  • #2,286
  • Jul 22, 2021 6:47am Jul 22, 2021 6:47am
Quoting Techanalyst
{quote} I did not try to offend you. We are talking. My arguments are right on point. Thank you for the advice, but have been doing this for about 11 years, and successfully for about 6 years. Take my advice, if you are not taking this business seriously, it is a waste of time. It is not a " part time job", it is not "for fun" it is a business that can make you a great revenue, but it is also a business as if you are not careful and do not know what you're doing, it is worst than gambling and you will lose money and time. Advice from a 35 year old...
Did you read my post carefully? Are you sure you understand? Maybe my English is not the best but I wrote it straight and clear I guess? How the hell can you judge that I'm wasting my time ??? Who gave you the right to do so? So, I repeat, I do what I like, it makes me happy and you say that I am wasting my time ... do you feel ok???. I am in this 12 years ... for 12 years I've lost 4000 USD stolen by IronFX ... I visited something like 50 courtiers, I am living Techanlyst... and I am 70yo.
Man it is my money, it is my game I am buying joy, cant you understand, of course not...


https://www.forexfactory.com/thread/...7#post13611657

Good Luck,
  • #2,287
  • Jul 22, 2021 7:05am Jul 22, 2021 7:05am
Quoting BlackNapkins
{quote} Did you read my post carefully? Are you sure you understand? Maybe my English is not the best but I wrote it straight and clear I guess? How the hell can you judge that I'm wasting my time ??? Who gave you the right to do so? So, I repeat, I do what I like, it makes me happy and you say that I am wasting my time ... do you feel ok???. I am in this 12 years ... for 12 years I've lost 4000 USD stolen by IronFX ... I visited something like 50 courtiers, I am living Techanlyst... and I am 70yo. Man it is my money, it is my game I am buying joy,...
I did not say you are wasting time, I was explaining the circumstances of trading business. Now you are starting to be annoying. We are done talking about this.
  • #2,288
  • Edited 8:16am Jul 22, 2021 7:07am | Edited 8:16am
stay tuned guys! and stop fighting because the Xtreme Brutal Day trading has not stopped yet
some partials taken and BE hit
Attached Image (click to enlarge)
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"Exchange of hands"
  • #2,289
  • Jul 22, 2021 7:22am Jul 22, 2021 7:22am
EURO is dovish. EURUSD bearish. Interest rate is still at 0%.

https://www.ecb.europa.eu/press/pr/d...3b436b.en.html
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  • #2,290
  • Jul 22, 2021 7:26am Jul 22, 2021 7:26am
We not done yet...
Techanalist --- if you are not taking this business seriously, it is a waste of time
Techanalist --- I did not say you are wasting time, I was explaining the circumstances of trading business.
NO you did not say this just elaborated, you discussed this.. elaborated directly to me in answer for my earlier post...

Yes, we are done, now
Stay Well
  • #2,291
  • Jul 22, 2021 7:30am Jul 22, 2021 7:30am
Quoting BlackNapkins
We not done yet... Techanalist --- if you are not taking this business seriously, it is a waste of time Techanalist --- I did not say you are wasting time, I was explaining the circumstances of trading business. NO you did not say this just elaborated, you discussed this.. elaborated directly to me in answer for my earlier post... Yes, we are done, now Stay Well
I said we are done.
  • #2,292
  • Jul 22, 2021 7:33am Jul 22, 2021 7:33am
Quoting Techanalyst
{quote} I said we are done.
So what??? If so why you answering... pain in your ....??? to big ego?
I SAY
Stay Well
  • #2,293
  • Jul 22, 2021 7:33am Jul 22, 2021 7:33am
Quoting BlackNapkins
{quote} So what??? If so why you answering... pain in your ....??? to big ego? I SAY Stay Well
We are done.
  • #2,294
  • Jul 22, 2021 7:35am Jul 22, 2021 7:35am
Quoting Techanalyst
{quote} We are done.
Ok, ok YOU ARE RIGHT!!!
Good Luck
  • #2,295
  • Jul 22, 2021 7:36am Jul 22, 2021 7:36am
Quoting BlackNapkins
{quote} Ok, ok YOU ARE RIGHT!!! Good Luck
Bye.
  • #2,296
  • Jul 22, 2021 7:37am Jul 22, 2021 7:37am
Quoting gepards
Here you said long-term sucks... {quote} Then you tell long-term might be profitable... {quote} Here you asked for proof... {quote} Now you tell no proof needed... Here are some more doubts from you regarding long-term... {quote} When you trade 100 usd account and have dd 50%. When you trade all the same with 200 usd account - dd is 25%. When 400 usd - then dd is 12.5%.. not depending on long or short term trading style... but yes - profits % the same... want more safety? expect fewer % profits... find balance what suits your profit...
You are right!
Observer effect
  • #2,297
  • Jul 22, 2021 7:38am Jul 22, 2021 7:38am
Quoting Techanalyst
{quote} Bye.
Bye, take it easy
BR
  • #2,298
  • Jul 22, 2021 7:41am Jul 22, 2021 7:41am
Quoting BlackNapkins
{quote} Bye, take it easy BR
Bye.
  • #2,299
  • Jul 22, 2021 7:46am Jul 22, 2021 7:46am
Take it easy folks, deep breath works.
on a postive roll...
  • #2,300
  • Jul 22, 2021 7:50am Jul 22, 2021 7:50am
Quoting Rmg
Take it easy folks, deep breath works.
deep breath is fantastic ... Wim Hof methods are great. I'm practicing every day
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