One point though, if whoever is willing to start a thread to share the details of his strategy it's not a necessary pre-requirement to show proof of profitability as a validation of his strategy.
Know what you trade
Is forex education misleading or everyone is stupid?
- #881
- Feb 7, 2022 8:01am Feb 7, 2022 8:01am
- Joined Jan 2020 | Status: Membership revoke | 2,332 Posts
Know what you trade
{quote} Idk, I'm not interested if "whoever" is or not. One point though, if whoever is willing to start a thread to share the details of his strategy it's not a necessary pre-requirement to show proof of profitability as a validation of his strategy.
- #884
- Feb 7, 2022 8:15am Feb 7, 2022 8:15am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
It never gets easier, you just get better
{quote} The scientific method: Identify the problem. The first step in the scientific method is to identify and analyze a problem. ... Form a hypothesis. ... Test the hypothesis by conducting an experiment. ... Analyze the data. ... Communicate the results. Repeat the cycle until problem is solved.
So I let a plumber teach me nuclear engineering then after he's done I must follow a scientific approach in order for to verify if what I've learnt is not misleading or is accurate?
Seeking education from an actual Nuclear engineer seems more efficient to me
- #886
- Feb 7, 2022 8:41am Feb 7, 2022 8:41am
- Joined Jan 2020 | Status: Membership revoke | 2,332 Posts
{quote} You certainly can not take a plumber to teach nuclear engineering.
There's no pre-requisite to study forex trading.
It's up to each of us.
If we think it's "nuclear engineering" then it is for us.
If it's just polishing our shoes then it's that for us.
Why would anyone interested to trade forex chose to deem it "nuclear engineering" to keep themselves out?
Ofc there are few who deem it this way for their own reasons.
Know what you trade
{quote} Read some of his previous posts and learn to read between the lines. He's kind of secretive -- and he has his reasons. But he is honest. If you expect everyone to pull their pants down and bend over so you can get a better look, then no one will interact with you. Some people are total BS, some partial and some none. This is a public forum and the poster doesn't know you from Adam. The burden is on you. Use the discretionary part of your brain to separate the wheat from the chaff.
How do you know he's honest?
What is kind of secretive? You're secretive but not too secretive?
- #891
- Feb 7, 2022 8:57am Feb 7, 2022 8:57am
{quote} How do you know he's honest? What is kind of secretive? You're secretive but not too secretive?
As for me -- I reveal as much as I'm comfortable with. And I expect people to respect that. I never ask someone to prove something personal (or not since I've matured as a trader), but if they make a general statement and insist it's a truth carved in stone, then I'll probably ask for some evidence. But that is different than asking them to prove they are a great trader. As far as I know RickM never boasted about his trading. It's his waterboy ryuryu with the big mouth.
If forex factory's administration was to say, anyone who want to share their trading strategy, they will to have to first Provide a Trading Explorer with atleast 90 days trading history.
Forex factory would starve!!!!!
Site Traffic would fall to all time lows!!!
It's a conflict of interest.
2015 I was an activist there by Mql5 markets. I would torment every EA seller to provide a trading signal of his EA.
Mql5 response to me, was take off anyone's ability to comment on a product that he hasn't bought
Conflict of interest
This forum is supposed to help traders to be profitable. Does it do its job??? I can certainly say no it doesn't! And administration knows this but while they still get clicks, it doesn't matter to them.
Forex factory would starve!!!!!
Site Traffic would fall to all time lows!!!
It's a conflict of interest.
2015 I was an activist there by Mql5 markets. I would torment every EA seller to provide a trading signal of his EA.
Mql5 response to me, was take off anyone's ability to comment on a product that he hasn't bought
Conflict of interest
This forum is supposed to help traders to be profitable. Does it do its job??? I can certainly say no it doesn't! And administration knows this but while they still get clicks, it doesn't matter to them.
{quote} I can't prove that he's honest. I go by what he says, how he says it, whether he gets defensive -- you know, his body language. Or, the equivalent of Internet body language. As for me -- I reveal as much as I'm comfortable with. And I expect people to respect that. I never ask someone to prove something personal (or not since I've matured as a trader), but if they make a general statement and insist it's a truth carved in stone, then I'll probably ask for some evidence. But that is different than asking them to prove they are a great trader....
a desparate newbie reading this thread see that, what they do? They approach him to teach them whether he agrees or not is not the point.He said something to you that made you believe he's a profitable trader, perhaps he shared his strategy but not all of it
the question is and the question asked by this thread is, is his strategy profitable or it's another one of the crap strategies found all over the internet????And there's only one way to answer the question. One simple way!
- #896
- Feb 7, 2022 9:23am Feb 7, 2022 9:23am
- Joined May 2009 | Status: Trader | 3,730 Posts
{quote} How do you know he's honest? What is kind of secretive? You're secretive but not too secretive?
How honest are you?
- #897
- Feb 7, 2022 9:26am Feb 7, 2022 9:26am
{quote} Yet here you're insisting that he's a great trader
He didn't just say one thing -- he has said many things over the years. Notice that he's been here for 7 years and has never started a thread of his own. He just drops by. That tells me something. That's a clue.
You and I share a lot in common -- I've deduced that from what you write and how you say it -- but we are also different. I'm often wrong and misjudge people, but I'm still comfortable with the clues I pick up. I consider the clues as data points -- you know, like the data points used to draw a straight line. I don't need many data points to connect the dots. I suspect that you need more than me.
My advice is to let this RickM obsession be. I can't prove it to you -- it's just advice.
{quote} Nope -- I did not insist he was a great trader. What I think I said was I believe him. He didn't just say one thing -- he has said many things over the years. Notice that he's been here for 7 years and has never started a thread of his own. He just drops by. That tells me something. That's a clue. You and I share a lot in common -- I've deduced that from what you write and how you say it -- but we are also different. I'm often wrong and misjudge people, but I'm still comfortable with the clues I pick up. I consider the clues as data points...
I said I hate Gurus.
Is it wrong of me to require more than just connection of two dots? Is it wrong to be too cautious?
- #900
- Feb 7, 2022 9:51am Feb 7, 2022 9:51am
{quote} I'm not obsessed over RickM. Please... I'm sure he's a dude. And even if she was a woman, I don't think she's more beautiful than my wife.
I don't think she's more beautiful than my wife.
Is it wrong of me to require more than just connection of two dots? Is it wrong to be too cautious?
I'm continuing this discussion with you because I think there is something more important going on here and maybe we'll figure it out.