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Is forex education misleading or everyone is stupid?

  • #941
  • Feb 8, 2022 1:29am Feb 8, 2022 1:29am
Quoting captalTrader
{quote}
What if brokers only allowed someone qualified to open a live account?


Well that won’t happen, cT.

It would be similar to asking the Proprietor of a lolly shop to ask every customer, who wanted to buy a bar of chocolate, to present a doctors certificate showing their suitability to consume yet another bar of chockie.


caveat emptor, cT,

if a prospective Trader has done their own due diligence on Forex, and STILL has a pocketful of cash,

then it falls squarely on them imo, not the Broker, not a Regulator and not a Nanny-State Govt decree as to where they chose to speculate.


(Q. two traders with exactly the same template, setup & training knowledge. COULD one trader win, and the other still lose, while watching the same pair at the very same time prior to trading ? - think entry AND exit !)
  • #942
  • Feb 8, 2022 1:31am Feb 8, 2022 1:31am
Quoting captalTrader
{quote}
Great read TimeTells I thought there's part 2, no?

Hahaa, cheers cT,

Ok, the 2nd part


Is forex education misleading
OR
everyone is stupid.


In my view Forex traders are NOT stupid, at all
(well, as they enter the Trading Arena)


But they can be …


IMPATIENT


Which leads, maybe, to the stupidity of a wrongful trade entry
(with its snowballing effect)


The cure for any (potential) stupidity might just be a firm

Practiced Patience, with a Plan

this may just tilt the odds a little in the traders favour, who knows.
  • #943
  • Feb 8, 2022 2:00am Feb 8, 2022 2:00am
Quoting TimeTells
{quote} Well that won’t happen, cT. It would be similar to asking the Proprietor of a lolly shop to ask every customer, who wanted to buy a bar of chocolate, to present a doctors certificate showing their suitability to consume yet another bar of chockie. caveat emptor, cT, if a prospective Trader has done their own due diligence on Forex, and STILL has a pocketful of cash, then it falls squarely on them imo, not the Broker, not a Regulator and not a Nanny-State Govt decree as to where they chose to speculate. (Q. two traders with exactly the same...
We're talking about a major financial institution here.

No one is allowed to provide financial advice if they are not qualified to do so.

Regarding regulation, US did it with leverage. And if you're from Australia, they too did it I believe recently?

This scammers paradise industry just need a Lil bit of strict regulations and it will self heal.

By analysing the downloads of the free EA I posted on mql5, most downloads are from Brazil, Indonesia and South Africa.

You know why?
  • #944
  • Feb 8, 2022 2:04am Feb 8, 2022 2:04am
Quoting captalTrader
{quote}
Regarding regulation, US did it with leverage. And if you're from Australia, they too did it I believe recently?

Hi cT,

I am missing your point, sorry.

Are you suggesting that since the regulation changes you mentioned that losing traders in those counties could then, by virtue of that, become winning traders ?
  • #945
  • Feb 8, 2022 2:23am Feb 8, 2022 2:23am
Quoting TimeTells
{quote} Hi cT, I am missing your point, sorry. Are you suggesting that since the regulation changes you mentioned that losing traders in those counties could then, by virtue of that, become winning traders ?
No, there's less and less of 'easy forex market money' advertising. Less Guru's advertising expensive courses, easy courses that will make one a millionaire overnight.

People who are really interested in trading are not easily mislead into thinking it's an easy side hustle that'll make you millions.

Those that are able to get into trading would probably put much effort and precautions since they'll invest so much time into it.

I'm busy today, typing in a rush, hope that'll get my point through
  • #946
  • Feb 8, 2022 2:26am Feb 8, 2022 2:26am
Quoting captalTrader
{quote}
I'm busy today, typing in a rush, hope that'll get my point through

No probs, cT, all is good, you are showing concern for the traders (NOT the brokers lol) so fair enough
  • #947
  • Edited 2:51am Feb 8, 2022 2:29am | Edited 2:51am
What is all this "what if" talk? My grandfather use to say if he had wheels he would have been a bicycle.

Earth to cT and TT -- please come in. Do you hear us back on planet earth?

Who's going to be in charge of all this regulation? Who's going to decide what the regulations should be and how they should be enforced? Me? -- when I become King of the World?

Maybe we should all chip in and buy an island and call it Utopia and require that everyone be honest and diligent and it's against the law to mislead struggling traders.

Fellas -- FX is not the only endeavor where people get mislead. Are you going to outlaw other types of being mislead, as well? I still want to punish the used car salesman who sold me the used VW mini-bus 30 years ago.
  • #948
  • Feb 8, 2022 2:46am Feb 8, 2022 2:46am
Quoting ohitsyou
What is all this "what if" talk? My grandfather use to say if he had wheels he would have been a bicycle.

Earth to cT and TT -- please come in. Do you hear us back on planet earth?

Who's going to be in charge of all this regulation? Who's going to decide what the regulations should be and how they should be enforced? Me? -- when I become King of the World?


Hahaaa


okay, OIY, this vid is just right for you, pal

(well until you get an 'arg' going again for yourself that is ) (just jk )


.

Inserted Video
  • #949
  • Feb 8, 2022 2:51am Feb 8, 2022 2:51am
Quoting ohitsyou
{quote} Looks like joyny's brown-nozers (oops, I mean water boys) have returned... I wonder how many times this fellow gepards is going to keep telling us how great a trader joyny is. We've heard him the first 6 times. It seems like gepards is to joyny what ryuryu is to RickM... It's the brown-nozers and misleading gurus who poison FF -- but, you know, I think the brown-nozers are worse. At least the misleading gurus are occasionally entertaining. The brown-nozers have no redeeming value... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: fbs_nr1.png Size: 346 KB

what is here "misleading"? is success "poison" for you?

people just see numbers in audited results - no need to cheap talking, trading results explains everything. so I am a "misleading guru" because know how to trade? i mostly talk in general principles about synthetic assets, diversifications, statistics etc no particular "strategy".. i advocate modest yearly income and more like investor and not possible to earn by day trading with small capital etc

gepards learned something from me (portfolios theory, synthetic assets trading) and i can say tnx to gepards to pointing out my attention to stocks. this particular darwin trades FB stock. nobody here is guru or waterboy.. just friendly traders who exchange their general ideas and no particular advice "how to" because it is not possible to "teach" something particular. it is more about spirit, energy, concepts, philosophy.. dont know how to call that thing what is exchanged between normal people who do not offend others - empathy... friendship?

FF is intended to traders who treat each other as colleagues. this is it - i treat gepards, ruyruy, RickM, MoneyZilla etc.. i treat them as colleagues. you are just noise. But see - even you fit here. You are evil which is important to exist. Without bad there are no good. You are like dirt so others can clearly see on that background - what is good and what not. This I learned from auricforecas.. sorry he left ff.. very good energy. very inspiring. you see he saw everywhere oportunity to learn. im not at that level - i see you as dirt. but still.. at least i admit that dirt is also needed

keep making a mess here..
  • #950
  • Feb 8, 2022 3:03am Feb 8, 2022 3:03am
Quoting TimeTells
{quote} Hahaaa okay, OIY, this vid is just right for you, pal (well until you get an 'arg' going again for yourself that is ) (just jk ) . https://www.youtube.com/watch?v=ohDB5gbtaEQ
Too funny -- where do I sign up? I think 8 pounds for the 30 minute session is a bargain...
  • #951
  • Feb 8, 2022 3:07am Feb 8, 2022 3:07am
Quoting ohitsyou
What is all this "what if" talk? My grandfather use to say if he had wheels he would have been a bicycle. Earth to cT and TT -- please come in. Do you hear us back on planet earth? Who's going to be in charge of all this regulation? Who's going to decide what the regulations should be and how they should be enforced? Me? -- when I become King of the World? Maybe we should all chip in and buy an island and call it Utopia and require that everyone be honest and diligent and it's against the law to mislead struggling traders. Fellas -- FX is not the...
But FX is the only endeavor where 99.9% fail and according to my observation, it's has to do with these fake Guru teaching things they themselves don't understand, misleading a lot of folks.

That salesman probably broke some law, if you could follow it up with your lawyers I'm sure he can be nailed for something.

A forex Guru is busy enrolling 100 more students as I type this, charging them $200 an hour for something himself don't understand! and this has no consequences what so ever!
  • #952
  • Feb 8, 2022 3:07am Feb 8, 2022 3:07am
Quoting joyny
{quote} {image} what is here "misleading"? is success "poison" for you? people just see numbers in audited results - no need to cheap talking, trading results explains everything. so I am a "misleading guru" because know how to trade? i mostly talk in general principles about synthetic assets, diversifications, statistics etc no particular "strategy".. i advocate modest yearly income and more like investor and not possible to earn by day trading with small capital etc gepards learned something from me (portfolios theory, synthetic assets trading)...
joyny -- gepards behaves like your poodle. He has nothing to offer except to remind us, over and over and over again, how wonderful you are. I get it. No doubt you are wonderful. I don't dispute it and I don't even ask you to prove it. Now -- is there anything else you'd like to tell us about yourself?
  • #953
  • Feb 8, 2022 3:09am Feb 8, 2022 3:09am
Quoting TimeTells
{quote} Hahaaa okay, OIY, this vid is just right for you, pal (well until you get an 'arg' going again for yourself that is ) (just jk ) . https://www.youtube.com/watch?v=ohDB5gbtaEQ
  • #954
  • Feb 8, 2022 3:15am Feb 8, 2022 3:15am
Quoting TimeTells
{quote} Hahaaa okay, OIY, this vid is just right for you, pal (well until you get an 'arg' going again for yourself that is ) (just jk ) . https://www.youtube.com/watch?v=ohDB5gbtaEQ
Rattling chains is good for the circulation. Plus, I used to be a nice guy and I'm attempting to make up for lost time...
  • #955
  • Feb 8, 2022 3:19am Feb 8, 2022 3:19am
Vials and Trumpets Hidden dynasty of economics.
Founder of Sutherland Wave Principle
  • #956
  • Feb 8, 2022 3:21am Feb 8, 2022 3:21am
Quoting TimeTells
{quote} Hahaaa okay, OIY, this vid is just right for you, pal (well until you get an 'arg' going again for yourself that is ) (just jk ) . https://www.youtube.com/watch?v=ohDB5gbtaEQ
And TT I hope you appreciate that I'm the one who offers to back away and let things go. It's the other fellas who keep coming back for more, and I don't want to disappoint...
  • #957
  • Feb 8, 2022 3:24am Feb 8, 2022 3:24am
Quoting ohitsyou
{quote}
And TT I hope you appreciate that I'm the one who offers to back away and let things go.

Hahaa, you're a good bloke OIY, and I reckon you were before also but that's none of my beeswax, I'm just knitting lol
  • #958
  • Feb 8, 2022 3:33am Feb 8, 2022 3:33am
Quoting ohitsyou
{quote} joyny -- gepards behaves like your poodle. He has nothing to offer except to remind us, over and over and over again, how wonderful you are. I get it. No doubt you are wonderful. I don't dispute it and I don't even ask you to prove it. Now -- is there anything else you'd like to tell us about yourself?
Quoting ohitsyou
{quote} Right. And you know that was after he called me a liar and a Russian agent -- so, we can add deceitful to your skill set, as well. The three of you deserve one another -- nothing to contribute except your complaints. I'll offer you the same deal as I did with MoneyZilla -- if you want to go toe-to-toe I'm willing and waiting. Otherwise, back away now.
you asked..... and?
  • #959
  • Feb 8, 2022 3:34am Feb 8, 2022 3:34am
Quoting captalTrader
{quote}
Please note that I changed from random to chaotic.

Hi cT,

A last shot, with a chart, for you.

Well I wont upload the chart. Go and have a look yourself, if you wish.


Here’s yesterday post that you responded to, with my chart

https://www.forexfactory.com/thread/...1#post13886321


Open up GJ now on your own 15m chart.

Draw the yesterday blue line which is still at 156.160

Look at where price was yesterday, then look at todays 15m swing points, in between yesterday & today, both above & below the line.


I am NOT an educator, and this is NOT ANY form of training.

But I do NOT see either a ‘random” or chaotic” behaviour, but I see a perfectly organised market behaviour.


Well, certainly where price is right NOW. chart time 22-2-08 11:15

Price is hovering around an inflection point, and where price could go either up or down.


Here is where patience is best served. Just watching.

No signal service, no buy or sell.

Just watching a non-random market (imho) doing what it usually does
(ie getting traders ‘twitchy’ to trade).


I enjoy just watching this market behaviour, now, prior to a confirmation (as the confluence is already established)

Again, this is NOT a signal service ffs pls.
  • #960
  • Feb 8, 2022 4:06am Feb 8, 2022 4:06am
Quoting TimeTells
{quote} Hi cT, A last shot, with a chart, for you. Well I wont upload the chart. Go and have a look yourself, if you wish. Here’s yesterday post that you responded to, with my chart https://www.forexfactory.com/thread/...1#post13886321 Open up GJ now on your own 15m chart. Draw the yesterday blue line which is still at 156.160 Look at where price was yesterday, then look at todays 15m swing points, in between yesterday & today, both above & below the line. I am NOT an educator, and this is NOT ANY form of training. But I do NOT...
You do sound like a teacher. You said something and no one knows what to do with it. What is your confirmation for a trade?
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