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Is forex education misleading or everyone is stupid?

  • #721
  • Feb 5, 2022 4:00am Feb 5, 2022 4:00am
Quoting ohitsyou
{quote} BTW -- ryuryu's insults were directed at me, not you. Whenever I post he gets excited. I think it might be because I stimulate some fond memories...
He quoted me
  • #722
  • Feb 5, 2022 4:01am Feb 5, 2022 4:01am
Quoting captalTrader
{quote} Fair enough But it hurts seeing them fall victims over and over again. RickM is teaching right? What's this playing cards close to his chest is about? If you decide to teach people... Then do all the way!! Leaving them midway is no different or even worse than not teaching them at all. Stop this Guru thing. If you're going to be a Guru, put everything out there, don't hide anything!! {image}
Couldn't agree with you more -- but what are you going to do? You'd have to be a psychiatrist or psychologist to have even the slightest clue why people behave as they do. Like you, I don't like it. But I also know that it is impossible for an adult to change their mind or behavior -- unless they experience some life-altering event. So, I occasionally display my displeasure by attempting to rattle some chains. It won't change anything, but I feel better...
  • #723
  • Feb 5, 2022 4:02am Feb 5, 2022 4:02am
Quoting captalTrader
{quote} He quoted me
Okay -- he hates you, too. Welcome to the club...

And I don't mind. I find the attention flattering...
  • #724
  • Feb 5, 2022 4:06am Feb 5, 2022 4:06am
Quoting ohitsyou
{quote} You're not closed-minded. The fact that you asked a question proves that. With all the nonsense and whines of struggling traders, when was the last time you heard someone actually ask a question? Never... To answer your question: I don't know. I know what tick volume is and that it approximates real volume to a degree. And I sometimes include tick volume in my strategies -- but I don't know how RickM uses volume. On the other hand, I know that I do not want to trade like RickM. Not that there is anything wrong and definitely not to criticize...

Oh so it's ticks volume! I thought it's trades volume, that's what was confusing me.

My algorithm calculate ticks size or we can say volumes too to workout if liquidity is enough. I can't think of anything on how ticks volume can be used for, since they greatly differ from broker to broker
  • #725
  • Feb 5, 2022 4:20am Feb 5, 2022 4:20am
Quoting captalTrader
{quote} Oh so it's ticks volume! I thought it's trades volume, that's what was confusing me. My algorithm calculate ticks size or we can say volumes too to workout if liquidity is enough. I can't think of anything on how ticks volume can be used for, since they greatly differ from broker to broker
Wait a second... I said that I sometimes use tick volume and that I've read it roughly approximates real volume. However, RickM uses *real* volume in his trading -- at least that is what I understand from his posts. And he never mentions where his volume data comes from or exactly how he uses it for trading. A chart would be nice and I know that he knows a chart would be nice. The fact he knows that, yet still won't display one, means he doesn't want to. And I respect that.

The general knock against tick volume is, as you say, it differs from broker-to-broker. But I read an analysis where it was shown that tick volume can have a 95% correlation to real volume. For me, that's good enough. For others, like RickM, that may not be good enough. I don't know.
  • #726
  • Feb 5, 2022 5:13am Feb 5, 2022 5:13am
Quoting ohitsyou
{quote} Wait a second... I said that I sometimes use tick volume and that I've read it roughly approximates real volume. However, RickM uses *real* volume in his trading -- at least that is what I understand from his posts. And he never mentions where his volume data comes from or exactly how he uses it for trading. A chart would be nice and I know that he knows a chart would be nice. The fact he knows that, yet still won't display one, means he doesn't want to. And I respect that. The general knock against tick volume is, as you say, it differs...
Hi Ohitsyou

Why would I show a chart here now.

I enter into CapitalTraders house to explain a different medology of trading to one of his family members - and what is the result?

A relentless attacked by a demo trader who in all his wisdom - forgot to study liquidity imbalances and absorption manipulation.

Can I just say that there is no correlation between ticks and real volume, what you just see is just order activity.
This is as good as poking a stick at a hoard of buffalo as they trampled you to an agonizing death. Your account will also suffer this painful ending, probably the same ending as will if you foolishly try the scammers EA.

Cheers

PS. I have no commercial interests.
Trading thin liquidity at the boundary of the charts
  • #727
  • Feb 5, 2022 5:19am Feb 5, 2022 5:19am
Quoting captalTrader
{quote} I'm convinced that you're a teenager. How old are you?
You don't know how old I am. But I do know how old are guys like you.
They are retired demo dreamer. Losers. They failed many times on forex but since they are gamblers they return from time to rime, fail again and go back to their graves.
That's why they are so jealous about successful people. Since they are old their brains can't process new information that's why they talk about the same shit that was actual 10-20 years ago again and again and that's why they are not trying new things like crypto for example. They are lazy and stupid cowards.
This is the main forex problem. There are no fresh blood here. Only beaten retired demo losers still looking for free holy grail non-lagging indicators.
Observer effect
  • #728
  • Feb 5, 2022 5:27am Feb 5, 2022 5:27am
Quoting RickM
{quote} Hi Ohitsyou Why would I show a chart here now. I enter into CapitalTraders house to explain a different medology of trading to one of his family members - and what is the result? A relentless attacked by a demo trader who in all his wisdom - forgot to study liquidity imbalances and absorption manipulation. Can I just say that there is no correlation between ticks and real volume, what you just see is just order activity. This is as good as poking a stick at a hoard of buffalo as they trampled you to an agonizing death. Your account will...

Show the demo trader your live account. Just a little peek

Throwing marketing gimmick words like liquidity imbalances and absorption manipulation don't makes you a profitable trader that you claim you're. Only live trading profitable results makes one a profitable trader

Show it!!!!! It literally takes less than 10 minutes to set up a Trading explorer here on Forex factory.

I'm not one of your worshipers that will only take your word for it. I take facts only.

And while you're at it. Show us where you get your Forex trading volume
  • #729
  • Feb 5, 2022 5:33am Feb 5, 2022 5:33am
Arguing with these fake Gurus end with a simply request.

Just ask then their trading results. Demo or live, doesn't matter.

Trading results please.

And watch the argument ends.

Take notes kids
  • #730
  • Feb 5, 2022 5:39am Feb 5, 2022 5:39am
Quoting captalTrader
Arguing with these fake Gurus end with a simply request. Just ask then their trading results. Demo or live, doesn't matter. Trading results please. And watch the argument ends. Take notes kids
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Trading thin liquidity at the boundary of the charts
  • #731
  • Feb 5, 2022 5:49am Feb 5, 2022 5:49am
Quoting RickM
{quote} Hi Ohitsyou Why would I show a chart here now. I enter into CapitalTraders house to explain a different medology of trading to one of his family members - and what is the result? A relentless attacked by a demo trader who in all his wisdom - forgot to study liquidity imbalances and absorption manipulation. Can I just say that there is no correlation between ticks and real volume, what you just see is just order activity. This is as good as poking a stick at a hoard of buffalo as they trampled you to an agonizing death. Your account will...
RickM -- it's all cool. The OP was wondering why you didn't explain more and I simply responded (to the OP) that a chart would be helpful. Was that a crime? And I believe I also said it was fine that you chose not too. You've been around FF long enough to know that when traders attempt to explain something they often use a chart since seeing is believing. But you choose not to.

Why are you guys so defensive? You post something that sounds interesting and when we then try to decipher some details to make it more concrete you feel that is a relentless attack? Friend -- if that feels like a relentless attack then you must be living a very charmed and protected life. People here only praise you and are interested in how you are trading, yet that feels threatening to you? Alrighty... Is there a psychologist in the house?
  • #732
  • Feb 5, 2022 6:03am Feb 5, 2022 6:03am
Quoting ryuryu
{quote} You don't know how old I am. But I do know how old are guys like you. They are retired demo dreamer. Losers. They failed many times on forex but since they are gamblers they return from time to rime, fail again and go back to their graves. That's why they are so jealous about successful people. Since they are old their brains can't process new information that's why they talk about the same shit that was actual 10-20 years ago again and again and that's why they are not trying new things like crypto for example. They are lazy and stupid...

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  • #733
  • Feb 5, 2022 6:03am Feb 5, 2022 6:03am
Quoting RickM
{quote} {image}
There you have it Kids!!

Arguement is over!


That was his last insult, calling me a stupid. Not going to see him here again offering half baked trading strategies that need you to join private telegram channels in order to fully understand how the whole thing works.

Scammers would never succeed if only people would stop worshipping nonsense and ask facts before everything.

Before everything, before teaching people what you know or selling them signals... Show how it been working for you in the last 90 days at least. Easy
  • #734
  • Feb 5, 2022 6:22am Feb 5, 2022 6:22am
Quoting captalTrader
{quote} There you have it Kids!! Arguement is over! That was his last insult, calling me a stupid. Not going to see him here again offering half baked trading strategies that need you to join private telegram channels in order to fully understand how the whole thing works. Scammers would never succeed if only people would stop worshipping nonsense and ask facts before everything. Before everything, before teaching people what you know or selling them signals... Show...
Hey OP -- I'd let it be. I respectfully request you do not ignore or block RickM. If he chooses not to post here again then let that be his choice. Though his posts are incomplete and one is forced to read between the lines, there are still things to learn if you read between the lines. As for his whining sidekick, though he has nothing of value to contribute he at least exemplifies the title of this thread -- both misleading and stupid...

Oh, yes, I forgot to add that he never, ever sells anything on FF. Just to emphasize again, he never, ever sells anything on FF. One more time so ryuryu feels secure, he never, ever... And, now, everyone in chorus -- "ryuryu never, ever..."
  • #735
  • Feb 5, 2022 6:29am Feb 5, 2022 6:29am
I only ignored one scammer here called Aussie or something.

I didn't ignore him, I just know he won't come back, because if he does, he will have to show his live trading results.

For me to be interested in his volume trading, first he will have to show past results then secondly show us exactly how he get this trading volume.

What got me to notice him is when I picked up red flags from his replies

You know if it walks like a ....
  • #736
  • Feb 5, 2022 6:32am Feb 5, 2022 6:32am
Quoting ohitsyou
{quote} Hey OP -- I'd let it be. I respectfully request you do not ignore or block RickM. If he chooses not to post here again then let that be his choice. Though his posts are incomplete and one is forced to read between the lines, there are still things to learn if you read between the lines. As for his whining sidekick, though he has nothing of value to contribute he at least exemplifies the title of this thread -- both misleading and stupid... Oh, yes, I forgot to add that he never, ever sells anything on FF. Just to emphasize again, he never,...

Check the reply that triggered me.

He throw a testimonial in there and signals too.

So you can never be sure.
  • #737
  • Feb 5, 2022 6:35am Feb 5, 2022 6:35am
Quoting captalTrader
{quote} Ok so... You're an idiot {file}
I'm late to the party because I am on a vacation. Now addressing your claim, I might be an idiot but I'm not dumb. I can feel the pain of you, you've probably lost a ton of capital on a course along side trading and now you're here ranting about how it is impossible to make money trading, mind you it's impossible for YOU to make money because you probably don't learn. I've spent 3 years trying to understand the markets and lost money doing so but I never stopped, now executing what I've learnt I'm funding a well off lifestyle and glad I was introduced to trading. If a leach like you on the internet comes at me calling me an idiot and order me to unravel my scroll, then no my friend you're at the wrong place begging for a profitable system.
  • #738
  • Feb 5, 2022 6:36am Feb 5, 2022 6:36am
Hi CapitalTrader (why am I still even talking to you)


No, its too dangerous to open up your trading account results and boast about nice profits you can achieve. Unfortunately, due to my associate with a prop firm a few years back - my identity is actually out there on the net. I am visible for those who want to find me, and they DID.

You don't know how lucky you are if you have managed to keep your identity private.

If you like, I can show you my last two weeks trading growth via a line chart - which offers a summary of my daily trading targets and source of data.
That's all I can safety offer here, family first if you know what I mean. I prefer to be a mystery man and keep my family safe.

But if that's not good enough for you - tough shit.
Trading thin liquidity at the boundary of the charts
  • #739
  • Feb 5, 2022 6:36am Feb 5, 2022 6:36am
Quoting RickM
{quote} Hi Heispark No, I have never posted a live TE and never will. I am happy to explain why if someone asks. I am still in New York trading till the end of the month, and yes trading does fund my business class travel. But so what. Many people have good imcomes in many industry's and enjoy perks from their hard work. Due to Covid and the fear of travelling, I picked up two business class fares from Sydney to New York for $8K, thats not that much money is it really?. Back to trading. I said I still trade with EA's and nothing has changed here...

No this is the Reply I digged up.

Red flags all over
  • #740
  • Feb 5, 2022 6:37am Feb 5, 2022 6:37am
I want to say only two things:

1. No one fully exposes his/her edge. That's a business secret you need to protect. If it's exposed to the public, it's no longer an edge.

2. Volumes traded in dark pools are now bigger than the volumes traded in exchanges. Volume information in forex, stocks and stock indices is incomplete nowadays as a result. On the other hands, energy futures, especially, natural gas futures (/NG), are mostly traded in CME exchanges thanks to strong U.S. regulations after the great financial crisis. If you are up to volumes, why don't you try /NG?
Simplicity is the ultimate sophistication - Leonardo da Vinci
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