The brutal truth of day trading | Page 130 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The truth about trading 164 replies

Truth about trading 9 replies

Truth about online trading...Is this us also? 5 replies

Pulos Bill - The Truth About Fibonacci Trading (Attached) 4 replies

The Bonehead Trader..please be brutal!! 47 replies

Attachments: The brutal truth of day trading
Exit Attachments

The brutal truth of day trading

  • #2,581
  • Edited 6:44am Jul 29, 2021 6:08am | Edited 6:44am
One scammer met the other one.
First claims about 5% daily profits, second can open >100 lot size.

May be you can open your own thread and show each other your skills photoshop?

The brutal truth of trading is not about long-term or short-term is better and more profitable. It is about liars and scammers around.

P.S. FF added firewall rules on cloudflare and ban for using the script.

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: 408a7d8c08e733cb0426171dce2927f1.png Size: 38 KB

I would understand if they blocked the entire site, protecting themselves from those who do not want to watch ads. But since this is done only when you click on the post button. Looks like they protect the scammers.

I just wonder if there are anything in the user agreement where we allow forex factory website to use injections to our local computers?

That is how it works:
Cloudflare's bot products include JavaScript detections via a lightweight, invisible code injection. A small amount of JavaScript is injected into client devices using fingerprinting technique.
Observer effect
  • #2,582
  • Jul 29, 2021 6:45am Jul 29, 2021 6:45am
ryu, you still really don't get it do you? No matter who you are in the real world, an online public forum is the perfect cooking pot to see what people will do when "no one is looking". Being a dunce and trying to be in simulcast with "other people who claim they know right or better or correct" like so many in the world, is not proof at all. You've hitched your wagon to the worst school of thought. The wrong "crew". I can't speak for Aussi. But I can say this - any trader who started prior to the tech bubble of 2000-01 has had enough time to gauge the markets. Most everyone else is just trying to catch up.

So really, in real life someone like you would just get your lip punched if you decided to call a self respecting professional at their work, a scammer or fake without showing any semblance of insight or legitimate just cause.

Online is a joke. And so natural depopulation is probably a good way to improve trading conditions worldwide.

Have fun with your trading.


Peter
Real Trading is not gambling.
  • #2,583
  • Jul 29, 2021 7:27am Jul 29, 2021 7:27am
Quoting ryuryu
One scammer met the other one. First claims about 5% daily profits, second can open >100 lot size. May be you can open your own thread and show each other your skills photoshop? The brutal truth of trading is not about long-term or short-term is better and more profitable. It is about liars and scammers around. P.S. FF added firewall rules on cloudflare and ban for using the script. {image} {image} I would understand if they blocked the entire site, protecting themselves from those who do not want to watch ads. But since this is done only when you...
It’s always been about the advertisements, revenue.
The best threads that get too close get removed.
  • #2,584
  • Jul 29, 2021 7:32am Jul 29, 2021 7:32am
Quoting ryuryu
One scammer met the other one. First claims about 5% daily profits, second can open >100 lot size. May be you can open your own thread and show each other your skills photoshop? The brutal truth of trading is not about long-term or short-term is better and more profitable. It is about liars and scammers around. P.S. FF added firewall rules on cloudflare and ban for using the script. {image} {image} I would understand if they blocked the entire site, protecting themselves from those who do not want to watch ads. But since this is done only when you...
use Brave browser when use forexfactory and you dont see no one ads anymore.Also for some reason they block Peters posts
  • #2,585
  • Jul 29, 2021 7:42am Jul 29, 2021 7:42am
Quoting moodybot
{quote} It’s always been about the advertisements, revenue. The best threads that get too close get removed.
I'm not against ads, I put FF in the exception list. No problem with that. I'm against scammers. I don't want to read and see ignored users. But FF instead of improving its functionality just added filter and bad external script that helps. And look how fast they did that! Wow!
Observer effect
  • #2,586
  • Edited 11:22am Jul 29, 2021 8:18am | Edited 11:22am
Quoting ryuryu
{quote} I'm not against ads, I put FF in the exception list. No problem with that. I'm against scammers. I don't want to read and see ignored users. But FF instead of improving its functionality just added filter and bad external script that helps. And look how fast they did that! Wow!
try to post... it seems trolls blocking script still works fine

Edit: restarted browser...
Edit2: seems all still working

What FF might did is web server site configuration. If FF using n servers there might be that some servers are still not affected by the update. Will see...
  • #2,587
  • Jul 29, 2021 8:25am Jul 29, 2021 8:25am
Attached Image (click to enlarge)
Click to Enlarge Name: c3346991f4f3474b28f4262ca83f1a28.png Size: 67 KB


First one from chrome mac os, second from chrome win7. Chrome win7 is ok.
May be I have desabled external javascript and injections are not working... let me check the setting on my mac pc.

now...
Observer effect
  • #2,588
  • Jul 29, 2021 11:26am Jul 29, 2021 11:26am
Quoting roccor
{quote} you sound seasoned and successful, do you have any advice for a new trader (been trading 5min time frame for about 3 months now, made about 30% profit) thanks
only 30% in 3 months?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 104 KB

aim for the stars and dont give up.
  • #2,589
  • Jul 29, 2021 1:20pm Jul 29, 2021 1:20pm
Quoting venividivici
only 30% in 3 months?
30% in 3 months is good. That might be consistent in longterm.

Your 1 day success is good too if can be repeated enough times to cover bad day's wipeouts and accumulate profits in longterm.
  • #2,590
  • Jul 29, 2021 1:23pm Jul 29, 2021 1:23pm
Quoting PeterCaleb
{quote} "Sorry mate. I thought I closed the damn gate. That little bugger keeps getting out somehow. He's a real snapper isn't he. Loves a good chew." Peter
in time peter they come and go he recons hes a ea expert well good on him he feeds his broker
people leave, but this thread will go on for ever
  • #2,591
  • Jul 29, 2021 1:55pm Jul 29, 2021 1:55pm
Quoting Aussi
{quote} in time peter they come and go he recons hes a ea expert well good on him he feeds his broker
I have a suggestion, if I may...why dont you invite Peter on your thread...he would fit perfect in there...only milionaires, 1000lots per trade, 100% hit rate, real accounts only etc... the Fantasy Thread...yeahhhhh

Cheers

PS you can use the Fantasy Thread name for your thread if you like...I think it would better reflect the content of it...it is free of charge, no copyrigts
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #2,592
  • Jul 29, 2021 2:46pm Jul 29, 2021 2:46pm
Let's go back to trading... Good time to buy FB stock right now till market close. FB gaps were mostly positive.

Attached Image (click to enlarge)
Click to Enlarge Name: buy_fb_dip.png Size: 62 KB
  • #2,593
  • Jul 29, 2021 8:26pm Jul 29, 2021 8:26pm
Quoting Aussi
{quote} in time peter they come and go he recons hes a ea expert well good on him he feeds his broker


Yes indeed. What I find terribly fascinating with all these people, is, they talk about a sister market's data eg, Futures Data for volume, bid and offer insight, order flow etc, yet I don't think too many have ACTUALLY EVER placed and filled a contract on a futures exchange in their entire life. They don't understand the mechanics OF a sister markets system eg. F FX and Spot FX and "why" in some ways, they match up, sync up and at times have positive correlation. I would imagine since you've been here longer than I have, you've seen people come and go. From my observations many live in a virtual reality now, without any conscious awareness of real life. I'm sure you have your reasons for using large lot size for your trades that are in those screenshots. Real or practice is irrelevant. 1K or 100K, they're digits. My conclusion is, these people have never placed an order that has any REAL weight into the market eg. 1 standard lot or 100 contracts or whatever. So they talk crap to mask this ignorance (both in theory and practice). Perhaps you have also found this to be the case.

And yes, maybe they can ask for a "rebate" from their broker, because they seem to know SO MUCH MORE than others, at least that's the preceding attitude anyway.


Peter
Real Trading is not gambling.
  • #2,594
  • Jul 29, 2021 8:43pm Jul 29, 2021 8:43pm
Quoting bfx17
{quote} I have a suggestion, if I may...why dont you invite Peter on your thread...he would fit perfect in there...only milionaires, 1000lots per trade, 100% hit rate, real accounts only etc... the Fantasy Thread...yeahhhhh Cheers PS you can use the Fantasy Thread name for your thread if you like...I think it would better reflect the content of it...it is free of charge, no copyrigts


What iF .... for a moment, you used your brain instead of your mouth, and looked a little better. Ignore the lot size and pretend they're 1k sized orders. NOW, look at that person's follow through. Mmmmmm. Not so easy to knock 'em now is it. It's hilarious how "people" on here prefer to be degenerates instead of pay attention. So like I have said before, I don't think there are really too many REAL people on this site or any other sites of this nature.

If you cannot duplicate that kind of follow through with ANY lot size, then I think you need to take a back seat and shut up. Maybe you'll get lucky, maybe you'll learn something. This ridiculous idea that a figure on a screen can "hurt you" eg. 1K vs 100K in a trade setup is literally insane. All this rubbish about that kind of thing is a myth. If the person trading is not ready to be actively participating then YES they won't handle the lot size they're incorporating into that trade setup. THAT is the issue not the lot size directly relating to the person. That figure on the screen doesn't care one iota about you and your "feelings" or "fears". IF your risk management (in each context) sucks then yes you're going to be sweating.

So really, grow up. Not everyone has spent their life on the outside peering into these markets catching a waft of some idea of what goes on and how things work, through stories and here-say from other people.


Peter
Real Trading is not gambling.
  • #2,595
  • Jul 29, 2021 11:50pm Jul 29, 2021 11:50pm
Quoting bfx17
{quote} I have a suggestion, if I may...why dont you invite Peter on your thread...he would fit perfect in there...only milionaires, 1000lots per trade, 100% hit rate, real accounts only etc... the Fantasy Thread...yeahhhhh Cheers PS you can use the Fantasy Thread name for your thread if you like...I think it would better reflect the content of it...it is free of charge, no copyrigts
all are welcome on my thread except those that cause and want to disrupt for the sake of it , like your post thats why i have a ban hammer for under age kids like your self
people leave, but this thread will go on for ever
  • #2,596
  • Jul 30, 2021 4:07am Jul 30, 2021 4:07am
Quoting venividivici
{quote} only 30% in 3 months? {image} aim for the stars and dont give up.
30% is bad for three months?
You miss 100% of the shots you don't take
  • #2,597
  • Jul 30, 2021 4:08am Jul 30, 2021 4:08am
Quoting joyny
{quote} 30% in 3 months is good. That might be consistent in longterm. Your 1 day success is good too if can be repeated enough times to cover bad day's wipeouts and accumulate profits in longterm.
what is your profit percentage? I'm trying to get to grips with what is a good percentage
You miss 100% of the shots you don't take
  • #2,598
  • Jul 30, 2021 4:30am Jul 30, 2021 4:30am
Quoting roccor
{quote} what is your profit percentage? I'm trying to get to grips with what is a good percentage
for me, good is 40-60% yearly. for investors good is to beat SP500. So about 15-20% yearly is good for investors (with dd no more than 5-8%).

think in trading better work with investors capital. you trade for example signal account and then investors copy your trades. then even with 100 usd your capital you can earn up to 200k yearly from investors (if attracted about 3-5 mil investors capital).

we now have social trading platforms all arround (etoro, naga, darwinex, instaforex, roboforex etc). you can attract 1000 investors with 1k - 10k capital each. this is how anybody with 100 usd capital can earn good money. forget about 100 usd to 1 mil dream - that is not realistic.

if have 1000 usd capital - make 10 accounts with 100 usd as signals accounts. Some will be successful and attract investors. smart investors anyway will diversify their portfolios - so you need to provide diversification possibilities (if trading manual - maybe trade several accounts on each account different symbol, dont trade all on 1 account).

even you can use some platforms which provide cent accounts... then you can trade signal account with 10 usd only... even with 1 usd... and still attract investors.

look my posts here previous will see screenshot with some accounts attracted investors. saw gepards post here attracted 100k investors capital... this is the way how to work as trader.

there are plenty of people with money and without time to do trading. So if you have solid trading skills and can prove with 2-3 years of audited trading then you can succeed.

10% monthly is very good for social trading. Investors like that. hope dd no more than 20%... you have to keep small dd to be attractive.

some brokers/platforms offer their own investments also... I get 25x more capital as my account from darwinex.

prop firms i do not prefer to work with... but maybe you can find some good prop also.. but anyway I prefer social trading with investors money more than prop firms.
  • #2,599
  • Jul 30, 2021 4:52am Jul 30, 2021 4:52am
PeterCaleb.

based on your remarks, I have come to the conclusion that you are
the perfect human.
both professionally / humanly.
please tell me what the secret is.
lol.
  • #2,600
  • Jul 30, 2021 6:20am Jul 30, 2021 6:20am
Quoting tiborf71
PeterCaleb. based on your remarks, I have come to the conclusion that you are the perfect human. both professionally / humanly. please tell me what the secret is. lol.
A legend in his own lunch time.
2 traders viewing now