Is forex education misleading or everyone is stupid? | Page 61 | Forex Factory

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Is forex education misleading or everyone is stupid?

  • #1,201
  • Apr 9, 2022 4:21am Apr 9, 2022 4:21am
Quoting captalTrader
{quote} "Man is the measure of all things" Protagoras. One need number crunching to measure anything. That is what I meant. Cause I don't want to go to an argument with you about if in the 1980's there were no hospitals or medicine. I don't trade Forex. To my reality, Tesla is my God. I wouldn't have a career today if it wasn't of him. I'm arguing with a 1980's person over the internet today because of his great contributions to this current civilisation.
Quoting captalTrader
{quote}I don't trade Forex.
Yes -- that is clear. Yet, you have no hesitation stating that it is impossible to be profitable. That's like me stating I've never been to the moon, but I know it is made of green cheese. How could you have received a degree in computer science -- there are large gaps in your ability to "connect the dots".


Quoting captalTrader
{quote}To my reality, Tesla is my God.
That pretty much tells us all we need to know. Not only is he the greatest, he is also your G-d. That's a bridge too big for me to cross. Thanks for engaging with me -- I'm done...
  • #1,202
  • Apr 9, 2022 4:51am Apr 9, 2022 4:51am
Quoting robots4me
{quote} {quote} Yes -- that is clear. Yet, you have no hesitation stating that it is impossible to be profitable. That's like me stating I've never been to the moon, but I know it is made of green cheese. How could you have received a degree in computer science -- there are large gaps in your ability to "connect the dots". {quote} That pretty much tells us all we need to know. Not only is he the greatest, he is also your G-d. That's a bridge too big for me to cross. Thanks for engaging with me -- I'm done...
I'm very good at connecting dots, infact I'm a master.
Personally I never been to the moon but I can tell you exactly what it's made of, how's the temperature out there and a lot of facts about the moon.

You say "That pretty much tell us"... It's you and who?
  • #1,203
  • Apr 9, 2022 5:22am Apr 9, 2022 5:22am
We have the best trading system, now find people who are willing to follow us, help you make money, we will take commission
  • #1,204
  • Apr 9, 2022 7:37am Apr 9, 2022 7:37am
  • #1,205
  • Apr 9, 2022 8:10am Apr 9, 2022 8:10am
Quoting captalTrader
{quote} I'm very good at connecting dots, infact I'm a master. Personally I never been to the moon but I can tell you exactly what it's made of, how's the temperature out there and a lot of facts about the moon. You say "That pretty much tell us"... It's you and who?

Quoting captalTrader
{quote}Personally I never been to the moon but I can tell you exactly what it's made of...
Right -- and though you don't trade you think you know enough to make a blanket statement that it's impossible to be profitable? Got it...
@captalTrader -- don't you find it even a tad bit ironic that the OP of a thread devoted to exposing misinformation and stupidity contributes to both? Or, maybe that was your intention all along?

Quoting captalTrader
{quote} I'm very good at connecting dots, infact I'm a master.
A legend in one's own mind. So noted...
  • #1,206
  • Apr 9, 2022 8:16am Apr 9, 2022 8:16am
Quoting robots4me
{quote} {quote} Right -- and though you don't trade you think you know enough to make a blanket statement that it's impossible to be profitable? Got it...
I don't think I know, I know! Can you read? there's is a link on the first page to a research paper, about how forex candlesticks are not profitable. If you can read it and understand that paper, you too will know, even if you were not a trader

Quoting robots4me
{quote} {quote} A legend in one's own mind. So noted...
Yes! in my mind that is where I live sir!
  • #1,207
  • Apr 9, 2022 8:20am Apr 9, 2022 8:20am
Quoting captalTrader
{quote} I don't think I know, I know! Can you read? there's is a link on the first page to a research paper, about how forex candlesticks are not profitable. If you can read it and understand that paper, you too will know, even if you were not a traders {quote} A legend in one's own mind. So noted... Yes! in my mind that is where I live sir!
Oh, a link? Well, excuse me. I didn't realize we were expected to believe everything we read on the Internet. But, I guess some people do. Son -- if your G-d Tesla were alive today he wouldn't think very highly of you -- just saying...


And as for the moon being made of green cheese -- here's proof. I found it on the Internet!!

Inserted Video
  • #1,208
  • Apr 9, 2022 9:19am Apr 9, 2022 9:19am
Quoting robots4me
{quote} Oh, a link? Well, excuse me. I didn't realize we were expected to believe everything we read on the Internet. But, I guess some people do. Son -- if your G-d Tesla were alive today he wouldn't think very highly of you -- just saying... And as for the moon being made of green cheese -- here's proof. I found it on the Internet!! https://www.youtube.com/watch?v=DSdn6DjPqTc

Ok let me take a wild guess here... YOU'RE AN ANTI-VAXXER aren't you?
  • #1,209
  • Apr 9, 2022 9:54am Apr 9, 2022 9:54am
Quoting captalTrader
{quote} Ok let me take a wild guess here... YOU'RE AN ANTI-VAXXER aren't you?
No -- but I do believe the earth is flat...

Let me take a wild guess -- you believe Oswald killed Kennedy, right? Oh, wait, you're not a history buf -- you probably don't know who I'm referring to. Okay, here's a more recent one -- you probably believe COVID began in Wuhan, right?
  • #1,210
  • Apr 9, 2022 10:16am Apr 9, 2022 10:16am
Quoting captalTrader
{quote} Ok let me take a wild guess here... YOU'RE AN ANTI-VAXXER aren't you?
@captalTrader -- come on, what does it take to get banned from your thread -- I'm running out of insults and I'm on the verge of losing a bet. Kid -- I have to give you credit -- though arrogant, narcissistic, and self-absorbed, you do have a thicker skin than most...
  • #1,211
  • Apr 9, 2022 10:34am Apr 9, 2022 10:34am
Quoting captalTrader
I find out that it is impossible to be profitable on forex market and that I was not the first person to find out about this.
Here you see my results so far... package of my running accounts published in myfxbook about 16 months so far:

Attached Image (click to enlarge)
Click to Enlarge Name: package2.png Size: 88 KB

Total package profitability is 30% or ~1.9% monthly or ~23% yearly. This outperforms SP500 ~10% yearly.

Main idea - diversification.

And forget "get rich fast"... in longterm 20% - 40% yearly profits is stable and safe. And that is very enough for big investors
  • #1,212
  • Apr 9, 2022 10:41am Apr 9, 2022 10:41am
Quoting gepards
{quote} Here you see my results so far... package of my running accounts published in myfxbook about 16 months so far: {image} Total package profitability is 30% or ~1.9% monthly or ~23% yearly. This outperforms SP500 ~10% yearly. Main idea - diversification. And forget "get rich fast"... in longterm 20% - 40% yearly profits is stable and safe. And that is very enough for big investors
Equity Vs Balance charts please
  • #1,213
  • Apr 9, 2022 10:51am Apr 9, 2022 10:51am
Quoting captalTrader
Equity Vs Balance charts please
Here portfolio at myfxbook.
  • #1,214
  • Apr 9, 2022 1:20pm Apr 9, 2022 1:20pm
I hope people will not fall victim and buy that Night scalping EA selling for $1000 currently there by Mql5.

I mentioned this on the free EA I published, guess what? Mql5 has warned me to change the EA description, basically not to mention that people are being scammed. They moved the EA rating to last last EA on their market

Its conflict of interest, I once mentioned it here. NO ONE IS HERE TO HELP! THEY ALL WANT YOUR MONEY

Anyways try the EA and if you lose money.... you can sue me!

The EA is not a back test bunny, MT5 simulate real market execution speed and slippages, check the back test on the video with 1000ms delay and 50% per trade, $50 deposit I'm not here to waste anyone's time, as I mentioned at the beginning, Night trading is the only way to be profitable.

Inserted Video
  • #1,215
  • Apr 9, 2022 3:20pm Apr 9, 2022 3:20pm
Quoting captalTrader
I hope people will not fall victim and buy that Night scalping EA selling for $1000 currently there by Mql5. I mentioned this on the free EA I published, guess what? Mql5 has warned me to change the EA description, basically not to mention that people are being scammed. They moved the EA rating to last last EA on their market...
Hi, ea asks SetHash code for working. What is that?
  • #1,216
  • Apr 9, 2022 3:24pm Apr 9, 2022 3:24pm
Quoting ffss
{quote} Hi, ea asks SetHash code for working. What is that?
It's a key

Get it here https://t.me/Sethash. Write me on mql5 for the EAs support
  • #1,217
  • Apr 9, 2022 3:24pm Apr 9, 2022 3:24pm
Is FX 'education' misleading? You bet it is.

Any 'technical analysis education' that does not provide a detailed, statistical breakdown of the methods it is 'teaching' applied in real-time with real money, along with a breakdown of stops and limits, profit and losses, over multiple time frames and over a substantial period of time, is nothing more than speculation and auguring, and it isn't even worth wiping your a-hole on
  • #1,218
  • Apr 9, 2022 3:29pm Apr 9, 2022 3:29pm
Quoting captalTrader
{quote} It's a key Get it here https://t.me/Sethash. Write me on mql5 for the EAs support
I dont have telegram, is there any way to get it?
  • #1,219
  • Apr 9, 2022 3:33pm Apr 9, 2022 3:33pm
Quoting ffss
{quote} I dont have telegram, is there any way to get it?
Please use mql5 chat
  • #1,220
  • Edited 3:50pm Apr 9, 2022 3:36pm | Edited 3:50pm
And the reason why Night strategies work is so simple: it is because it's when there's a recognizable pattern! Open your charts and you'll easily see the pattern, no need for indicators

What I want to prove wrong is that, if more and more people trade during that time, then night strategies will no longer work

What will actually happen is the opposite. Forex traders have this thing of thinking they're special on this beast of a market.

Right now, only problem facing night strategies is lack of liquidity. If more participants join, then liquidity issues will improve. It's simple logic really.

What will not happen is, banks and other big players suddenly operating at midnight because Forex traders are active more now hence the low volume pattern will end

Not going to happen!!!!
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