The brutal truth of day trading | Page 161 | Forex Factory

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The brutal truth of day trading

  • #3,201
  • Aug 15, 2021 7:13pm Aug 15, 2021 7:13pm
Quoting Winston Reed
{quote} I'm not quite sure where your irrational outburst came from. Guess I hit a nerve. But I'll come back at ya' big man with his own huge ego. I'm merely making a not so subtle point that there is a difference between gambling and speculation. Trading is speculation, not gambling. I would much rather play Black Jack if I was gambling. I really don't care if anyone believes me so I don't need to make statements such as "back it up with 25% of your networth allocated to Forex Trading". If this type of irrational behavior is what you think you...
Hey did you read what I wrote?

In case you miss it,

I AM A GAMBLER.

NEVER MAKE CLAIMS ON FORUM.
Know what you trade
  • #3,202
  • Aug 15, 2021 7:16pm Aug 15, 2021 7:16pm
"I AM A GAMBLER." Sounds like a claim to me.
  • #3,203
  • Aug 15, 2021 7:17pm Aug 15, 2021 7:17pm
Quoting Winston Reed
"I AM A GAMBLER." Sounds like a claim to me.
Know what you trade
  • #3,204
  • Aug 15, 2021 7:43pm Aug 15, 2021 7:43pm
Quoting Winston Reed
{quote} I'm not quite sure where your irrational outburst came from. Guess I hit a nerve. But I'll come back at ya' big man with his own huge ego. I'm merely making a not so subtle point that there is a difference between gambling and speculation. Trading is speculation, not gambling. I would much rather play Black Jack if I was gambling. I really don't care if anyone believes me so I don't need to make statements such as "back it up with 25% of your networth allocated to Forex Trading". If this type of irrational behavior is what you think you...
Yup, in this type of business if someone is going to make claims as if they somehow know something that we don't already know, they've gotta at least have a damn TE, even if it's a demo. It's not possible to take someone's claims of trading knowledge seriously without a TE.

Nice TE by the way.
  • #3,205
  • Aug 15, 2021 7:55pm Aug 15, 2021 7:55pm
Quoting ohyeah
{quote} Yup, in this type of business if someone is going to make claims as if they somehow know something that we don't already know, they've gotta at least have a damn TE, even if it's a demo. It's not possible to take someone's claims of trading knowledge seriously without a TE. Nice TE by the way.
Remember I wrote this post when you made that claim.

I question the motive behind the claim. Marketing?

Quoting BWilliam
{quote} Be extra careful to make such a ROI claim. Make your money, be happy, enjoy the bs, drama and entertainment on FF. Never make claim, that's the golden rule of engagement on forum.
Know what you trade
  • #3,206
  • Aug 15, 2021 7:57pm Aug 15, 2021 7:57pm
I hate big candles

@Bwilliam your a gambler what you saying ,,, stay in or get out

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  • #3,207
  • Aug 15, 2021 7:59pm Aug 15, 2021 7:59pm
Quoting Wags
I hate big candles @bwilliam your a gambler what you saying ,,, stay in or get out {image}
Stay in gambler. That's what tp1 and 2 are for.

Btw can you pls teach me how you know price turn south at your entry candle?
Know what you trade
  • #3,208
  • Aug 15, 2021 8:00pm Aug 15, 2021 8:00pm
Quoting BWilliam
{quote} Stay in gambler. That's what tp1 and 2 are for.

Lol im in for the long run

Time for bed for me ,,, nite nite all
  • #3,209
  • Aug 15, 2021 8:06pm Aug 15, 2021 8:06pm
Quoting BWilliam
{quote} Btw can you pls teach me how you know price turn south at your entry candle?
Yes of course

"SPECULATION"
  • #3,210
  • Aug 15, 2021 8:09pm Aug 15, 2021 8:09pm
Quoting Wags
{quote} Yes of course "SPECULATION"
My roulette mates also call it "SPECULATION".
Know what you trade
  • #3,211
  • Aug 15, 2021 8:17pm Aug 15, 2021 8:17pm
Quoting BWilliam
{quote} Remember I wrote this post when you made that claim. I question the motive behind the claim. Marketing? {quote}
There are no customers in FF to market to anyway. We're all too stubborn to know what's good for us (not being on FF), and what's not good for us (being on FF), unless FF is mostly for entertainment purposes only.

I do have a few claims of knowledge that I think most aren't aware of. I'll post a TE to back it up when I'm ready to share. It's not going to spoon feed a system but it is at least going to call a big huge BS to all these damn stories people love to create and tell about the markets. That creating and telling stories about the market is a bit irritating, I hope to reduce or eliminate the culture of telling stories. Stories are for children haha.

By reducing the noise of "stories" we can focus on the technicals which pretty much unlocks all pairs to be traded to give pips hand over fist. This is the area of research we should be focused on, not telling damn stories about the markets.
  • #3,212
  • Aug 15, 2021 8:22pm Aug 15, 2021 8:22pm
Quoting ohyeah
{quote} There are no customers in FF to market to anyway. We're all too stubborn to know what's good for us (not being on FF), and what's not good for us (being on FF), unless FF is mostly for entertainment purposes only. I do have a few claims of knowledge that I think most aren't aware of. I'll post a TE to back it up when I'm ready to share. It's not going to spoon feed a system but it is at least going to call a big huge BS to all these damn stories people love to create and tell about the markets. That creating and telling stories about the...
Not sure why you get irritated when forum members tell stories about the forex market on a Forex forum. If their stories irritate you, why read them?

I question your motive why you plan to make your claim?

Question is your MOTIVE.
Know what you trade
  • #3,213
  • Aug 15, 2021 8:25pm Aug 15, 2021 8:25pm
Quoting BWilliam
{quote} Not sure why you get irritated when forum members tell stories about the market on a Forex forum. If their stories irritate you, why read them? I question your motive why you plan to make your claim? Question is your MOTIVE.
Because it's a natural reaction to look at what is presented in front of your eyes. Once I recognize it's a story, I quickly glance over the "noise" for any "signal" but even just only glancing at it to move onto the next post, if you were to add it up, it would still take away minutes of life that you'll never get back.
  • #3,214
  • Edited 8:58pm Aug 15, 2021 8:30pm | Edited 8:58pm
Quoting ohyeah
{quote} Because it's a natural reaction to look at what is presented in front of your eyes. Once I recognize it's a story, I quickly glance over the "noise" for any "signal" but even just only glancing at it to move onto the next post, if you were to add it up, it would still take away minutes of life that you'll never get back.
Instead of complaining I give you a suggestion.

Why don't you write to FF Admin propose to them to create a new section where only members with TE attached are allowed to post their stories. This way it serves your purpose to only read posts in that section from members who have attached TE. Your problem solved.
Know what you trade
  • #3,215
  • Aug 15, 2021 8:38pm Aug 15, 2021 8:38pm
Nearly there a bit worried about the next blue line

But happy with the entry blue line

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  • #3,216
  • Aug 15, 2021 8:41pm Aug 15, 2021 8:41pm
Quoting BWilliam
{quote} Instead of complaining I give you a suggestion. Why don't you write to FF Admin propose to them to create a new section where only members with TE attached are allowed to post their stories. This way it serves your purpose to only read posts in that section from members who have attached TE. Your problem solved. What's your MOTIVE why you plan to make your claim? My bs meter says marketing.
That's an excellent idea but FF isn't going to do it.

In my opinion, FF is essentially a front end for the brokers. The more clueless the FF users are, the better for FF. That's how they get people to click around researching through FF, as FF gets paid for their advertisements.

Try to create an account and sound like you're not new to the game, your membership will get declined. Then try to create an account and make newbie posts, your account would get approved so fast it'll make your head spin.

There are people in here that get tagged as commercial members to limit their communication as soon as they say anything commercial related. Now, look at posts from the broker (I deleted the name) and tell me if this member is a commercial member even though by definition, this member is a commercial member.

I don't want to keep going on so I'll summarize, FF wants this type of non-productive chaotic environment more than they want to create a productive environment for research.
  • #3,217
  • Aug 15, 2021 8:54pm Aug 15, 2021 8:54pm
Quoting BWilliam
{quote} Instead of complaining I give you a suggestion. Why don't you write to FF Admin propose to them to create a new section where only members with TE attached are allowed to post their stories. This way it serves your purpose to only read posts in that section from members who have attached TE. Your problem solved. What's your MOTIVE why you plan to make your claim? My bs meter says marketing.
You have a great idea though. Someone should create a forum where the members must have verified TEs. Now that would be an honest forum even though there may only be about 3 members.
  • #3,218
  • Aug 15, 2021 8:55pm Aug 15, 2021 8:55pm
Quoting ohyeah
.... more than they want to create a productive environment for research.
On FF you can't take anything seriously. I'm here only for the entertainment. If you're interested in research you do it with a few like minded members on the same page in small group away from FF.
Know what you trade
  • #3,219
  • Aug 15, 2021 11:42pm Aug 15, 2021 11:42pm
Quoting mixedbags
To me with a 10k account it is for hobby, with a 50K account it help me to pay my car installment. Thing change when I have 4 100k funded accounts and 1 more to come by mid of this month. no i don't trade these funded accounts like those youtubers that hit 50k to 200k profit. everyday 1k I will be very happy. when I do the challenge everyday target $500 when reached I'll closed that platform even if there is a very good setup. slow and steady is the way I took those challenges.
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That's for the morning, killed 1 scout.
With this trade I got my 5th funded account, soon I'll get my refund. That is how I gamble or playing or F-king(whatever terms) with the house money.
  • #3,220
  • Aug 16, 2021 12:23am Aug 16, 2021 12:23am
Quoting ohyeah
Try to create an account and sound like you're not new to the game, your membership will get declined. Then try to create an account and make newbie posts, your account would get approved so fast it'll make your head spin. There are people in here that get tagged as commercial members to limit their communication as soon as they say anything commercial related
How do you know all that? Do you have multiple accounts?
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