to me, it already seems like we are applying atomic physics to screwing in a simple screw.
lol.
lol.
The truth about trading 161 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
Disliked{quote} what dd I can survive with leverage 1:10 if I for example open BUY 0.01 lots with 1000 usd on account in max bad time - going down and down after that... ? how big dd I wont be stop out if stop out is on 50% ? just thinking of this idea that I can put X usd lets say every months as on saving account for example in some FCA regulated broker... so money protected.Ignored
Disliked{quote} 100% ROI yearly is not so imposible... maybe... Just thinking regarding webinar and NQ100 - mentioned in this my post... maybe even buy the dips is too complicated... what could be more simple? Answer = BUY. Just one activity. No closing trades. Why complicate? Entry rules for NQ100? hmmm.. no rules... for example BUY at NY open every 6 working days... here are backtest results (made EA to see how that idea would work out). Results from 2018. Start with 1000 usd....Ignored
Disliked{quote} I have been practicing that very thing for years because I was badly burned during the Refco failure (lost over 25,000.00). Never again have I deposited more than 1000.00 at any one time and yes I trade leverage to the max, 1:500 my preference and remove my wins when I feel like it. So, I can never brag about my huge account, or show you how smart I am, or gain the attention of followers (who cares?) I just go about my business like I always have the past 20 years or so, never trading anything without some thought and understanding of market...Ignored
Disliked{quote} I have been practicing that very thing for years because I was badly burned during the Refco failure (lost over 25,000.00). Never again have I deposited more than 1000.00 at any one time and yes I trade leverage to the max, 1:500 my preference and remove my wins when I feel like it. So, I can never brag about my huge account, or show you how smart I am, or gain the attention of followers (who cares?) I just go about my business like I always have the past 20 years or so, never trading anything without some thought and understanding of market...Ignored
Disliked{quote} I just consider a large trading account essential to achieving good profitability because it’s easily to win taking small steps on a $50,000 account, than huge leaps on a $1000 high leveraged account. You have to risk money to make money. {image}Ignored
Disliked{quote} This bolded statement is very important to properly understand it in the world of gambling and speculation. The best gamblers and speculators are a special breed of geniuses in their own right in this one aspect as if they were born to live with risk, that's why they are the best of the best the top 0.1% percentile. The rest of us will never be there because we fail to appreciate risk management in its true context. We fail to embrace risk at the height of its volatility. We fail to tame the beast. I understand it BUT fail to live it.Ignored
Disliked... But that’s just me, I am certainly not a gambler anymore....
Boring, isn’t it? {image}Ignored
Disliked..... never trading anything without some thought and understanding of market structure, basic analyses and a degree of confluence....I have gained some understanding of geometric analyses the past year...Ignored
Disliked{quote} Then it needs to be emphasized in a different way, because someone who has not lived it does not really understand, I would call it "comprehending" rather than understanding here. Leverage is not 1:50 etc. but the multiplier of what is on the table. That is all. This is why some brokers cap the lev available to some traders at say 1:100. Beyond a certain point they (the broker) must carry the risk their account holders want. Also, to layer a setup with say 1:10 leveraged 10 x 1K orders is no different than the alternative of 2 x 5K at twice...Ignored
Disliked{quote} Ofc we're gamblers when we trade with this bs. {quote} It's more than ok to gamble in the largest casino that the forex market is. What's worse bs is not to realise all us traders are gambling under the nice name call Forex trading. Call a spade a spade. Sick of gambling? Close your account.Ignored
DislikedObviously the intellectual gift of discernment alludes some if not many. The ability to discern the difference between speculation and gambling is important. Indifference to the distinctions that separate the two is likely to affect your approach to trading. Gambling occurs when there is little or no ability to analyze factors that may affect outcome whereas speculation involves identifiable factors that can be analyzed. For example in Blackjack one is limited to statistical outcomes of the various presentation of cards on the table and what might...Ignored
DislikedObviously the intellectual gift of discernment alludes some if not many. The ability to discern the difference between speculation and gambling is important. Indifference to the distinctions that separate the two is likely to affect your approach to trading. Gambling occurs when there is little or no ability to analyze factors that may affect outcome whereas speculation involves identifiable factors that can be analyzed. For example in Blackjack one is limited to statistical outcomes of the various presentation of cards on the table and what might...Ignored
DislikedI think its time to cut to the chase here A great author can write the perfect story about winning the world cup final, the heavy weight boxing title, beating usain bolts 100m record and the list goes on But can that great author score a hatrick against brazil and lift the world cup above their head, knock out ali or tyson, run faster than 9.58 seconds over 100m Words are meaningless without something to back it up, without real actual proof you will always be the doubt in the other persons headIgnored
Disliked{quote} Big words with a wall of text from a big ego as usual with a hidden claim of winner behind his post. The mark of a loser who fail to recognise his $100 trading is no better than gambling. Back it up with 25% of your networth allocated to Forex trading then perhaps people might believe your bs. For clarification, the bs analysis and decision making process made by this member is no better than gambling. Failure to recognise this fact is stubbornness due to addiction or plain stupidity. The huge difference between him and me is I recognise...Ignored