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  • #732,041
  • Edited 7:38pm Feb 25, 2023 7:16pm | Edited 7:38pm
Let's see how these corporate employees that I call "kings" perform here based primarly in Cyprus or Malta. They receive reports from the central Algo where price is going, (to clear accounts and SL hunting), trader´s positions whom are not necessarely at FF but worldwide. BTW, FF is a hunting ground for advanced traders too. Posting these movements, they seem really good, not always as it would be too smelly. Yes, it is true that they never ask for money, as I have read on so many occasions by their work mates when under suspicion, because they collect it through the corporation. That is the goal, not living off newbies but making it look so good to beleive that anyone can do the same.

In short, they are actors, comedians and liars, especially graduates in psychology, anything other than real traders. Have a nice day.
POSTMASTER
  • #732,042
  • Edited 2:17am Feb 26, 2023 2:06am | Edited 2:17am
Quoting Pat Chiko
{quote} I'm sorry to keep you waititng. I was in Singapore, As an invited speaker presenting case studies on elite performance at Singapore CFA conference I delivered a presentation to the audience that lasted for an hour. It may have been too complex for you to understand, however. 00:00 – Intro 02:06 – Excellence: More than Ambition, Hard Work, Talent... 16:17 – 1: Self-Concordance, Sweet Spot 29:45 – 2: Skill Acquisition, Technical Preperation 44:10 – 3: Delivering on Demand, Control Under Pressure 51:08 – 4: Sustaining Success, Continuous...
Pat this is literaly an EXACT COPY from a presentation by James King on april 25th 2021.
Nearly two years ago on youtube.
this is the youtube link:
Inserted Video


Same title and chapters, down to the minute.

So either you are James King or you plagiarised his podcast for a presentation, or you are a fantasist projecting an image of someone you are not.

Also there are no CFA events in February:
https://cfasocietysingapore.org/events/#events

I dont know why you are doing this. Its quite misleading. A bit disturbing actually.
in wondering about yourself, you forgot what you came here to be part of
  • #732,043
  • Feb 26, 2023 3:51am Feb 26, 2023 3:51am
Somebody needs to hear this.
The most difficult hurdle to overcome is staying with a trading strategy. Sticking with a trading strategy is easier said than done especially when the losing streaks starts coming. As long as that trading strategy has been backtested and forward tested, stick with it come rain, come shine. Jumping from one strategy to another will never end well and it will only prolong your journey to profitability.
Stick with that strategy, improve it and learn from your mistakes.
Goodluck.
Patience.....
  • #732,044
  • Feb 26, 2023 4:26am Feb 26, 2023 4:26am
Quoting Fredo219
Somebody needs to hear this. The most difficult hurdle to overcome is staying with a trading strategy. Sticking with a trading strategy is easier said than done especially when the losing streaks starts coming. As long as that trading strategy has been backtested and forward tested, stick with it come rain, come shine. Jumping from one strategy to another will never end well and it will only prolong your journey to profitability. Stick with that strategy, improve it and learn from your mistakes. Goodluck.

Hello

I hate to ruin everything but yes you are right and no you are not. Education is key here. If you're sticking to a strategy that doesn't work then you're wasting your time. There is alot of bad education around in FX community it's crazy. As rookies we will fall for it most likely but If you think on your feet then you understand quickly what works and doesn't. So how do you determine whether it's bad education or not? I think if you're not making any € in 3-4 months then it doesn't work as it suppose to work. It shouldn't be that hard. Yes you won't be a millionaire by the end of the year 1 or 5 (maybe) but you should see some gains. I have experience from my own. It took me almost 2 years to see profits. One of my friends started last year but chose the right education (idk what it is tbh) but this at the end of the last year he passed 100k challenge and got his first 2,2k withdrawal in feb. In my first 2 years of trading I sure made 2,2k but I lost it as fast He didnt fall for that SMT bullshit because it doesn't exist.

Don't fall for bad education.
Inserted Video
This was done yesterday. I'm not a hater if any of you thinks that. I have no personal gain in sharing this. I don't care what any of you do at the end of the day. All I'm trying to do is do my part in community to save someone time and money. I fell for that and I wasted soo much time... Look for yourself. Time is way too precious. Money you can make back. But time is something that has much more value than stupid money. Don't fall for scammers in FX world. It's crazy what kind of people are in this world and I'm happy that there are people who are taking them down. Choose right education. Don't be a muppet.

Have a great day!
How to succeed in zero sum game?
  • #732,045
  • Feb 26, 2023 4:37am Feb 26, 2023 4:37am
Quoting Pat Chiko
{quote} In Van Tharps's book "Trade Your Way to Financial Freedom", he includes a chapter that discusses many of the naturally wired psychological biases we as humans possess. It is important to know what these biases are because they are what steers us to failure. One of these biases is called the "Need-to-Understand" bias. He basically says who cares what moves the markets. Since most successful traders out there are using systems that give them probabilities not much above chance, they probably don't "understand" what's moving the markets either....
Thanks - will definitely check that out and report back, never even heard of his work

Yeah I've seen that need to understand bias in others and in myself. Alot of traders will seek out increasingly complex solutions to answers they don't need to know, and hamstring themselves in the process
  • #732,046
  • Feb 26, 2023 4:47am Feb 26, 2023 4:47am
Quoting dempire1
{quote} Hello I hate to ruin everything but yes you are right and no you are not. Education is key here. If you're sticking to a strategy that doesn't work then you're wasting your time. There is alot of bad education around in FX community it's crazy. As rookies we will fall for it most likely but If you think on your feet then you understand quickly what works and doesn't. So how do you determine whether it's bad education or not? I think if you're not making any € in 3-4 months then it doesn't work as it suppose to work. It shouldn't be that...
Of course, you should reevaluate your strategy if you have 4 losing months in a row. My message is for those that switch strategy after 4-6 losing trades.
Patience.....
  • #732,047
  • Feb 26, 2023 4:57am Feb 26, 2023 4:57am
Quoting CashBox
{quote} Is this the same Pat Chiko who started a thread a couple weeks before this presentation stating "The Trend Following System is Dead?" And is he talking about supply/demand? Supply/Demand being a cornerstone of trend reversals and trend continuations and "seeing" big$ accumulation on the charts and riding the big$'s coat tails? The same Supply/Demand he alluded to no longer working because "The Trend Following System is Dead." Hmm, it almost seems like someone asked him to speak about trends/Supply/Demand so he started that thread so he could...

I don't know if you know that chiko is an Indian call-center account... get ready for some fun. he/they will reply with a looong shitpost

Also interesting is the poster has not started an actual trading thread since 2013 when he disappeared off of FF only to pop up again in 2021
he was busy under other usernames.. making up bs stories
Air force
  • #732,048
  • Feb 26, 2023 5:02am Feb 26, 2023 5:02am
Quoting knkie
{quote} Pat this is literaly an EXACT COPY from a presentation by James King on april 25th 2021. Nearly two years ago on youtube. this is the youtube link: https://youtu.be/sSwnOdX2gGQ Same title and chapters, down to the minute. So either you are James King or you plagiarised his podcast for a presentation, or you are a fantasist projecting an image of someone you are not. Also there are no CFA events in February: https://cfasocietysingapore.org/events/#events I dont know why you are doing this. Its quite misleading. A bit...
nice finding
Air force
  • #732,049
  • Feb 26, 2023 5:53am Feb 26, 2023 5:53am
Quoting mysterio
{quote} bias in others and in myself
For bias, Kahneman's work is, of course, the most important source.
Newer publications by others:
Bias, Belief, And Conviction In An Age Of Fake Facts
Bias: A Philosophical Study
Reason, Bias, and Inquiry: The Crossroads of Epistemology and Psychology
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  • #732,050
  • Feb 26, 2023 7:18am Feb 26, 2023 7:18am
Hope you all having a great weekend.

Weekend GU gap up.
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Broker signal sell order 11928 tp 11703. Would be nice.. my point of interest will be 11728.8, sbr, wick gap.

Opened a sell at 11954, paying 6 pips spread. Better be worth it!
  • #732,051
  • Feb 26, 2023 7:20am Feb 26, 2023 7:20am
Conspiracy theory continues, move on guys!
  • #732,052
  • Feb 26, 2023 7:23am Feb 26, 2023 7:23am
Quoting Jolita
Conspiracy theory continues, move on guys!
I'm missing a lot of stuff in this thread
How to succeed in zero sum game?
  • #732,053
  • Feb 26, 2023 7:23am Feb 26, 2023 7:23am
Quoting Jolita
Hope you all having a great weekend. Weekend GU gap up. {image} Broker signal sell order 11928 tp 11703. Would be nice.. my point of interest will be 11728.8, sbr, wick gap. Opened a sell at 11954, paying 6 pips spread. Better be worth it!
IG Markets showing 70% long is a pretty impressive reason to go short!
  • #732,054
  • Feb 26, 2023 7:28am Feb 26, 2023 7:28am
Quoting knkie
{quote} Pat this is literaly an EXACT COPY from a presentation by James King on april 25th 2021. Nearly two years ago on youtube. this is the youtube link: https://youtu.be/sSwnOdX2gGQ Same title and chapters, down to the minute. So either you are James King or you plagiarised his podcast for a presentation, or you are a fantasist projecting an image of someone you are not. Also there are no CFA events in February: https://cfasocietysingapore.org/events/#events I dont know why you are doing this. Its quite misleading. A bit...
  • #732,055
  • Feb 26, 2023 7:31am Feb 26, 2023 7:31am
Quoting KareemAliFx
I am buying USDCAD! Why? As a Canadian , I see it myself but we are indeed in a recession. The US, the exact opposite. At least for now the US economy is not only resilient during geopolitical turmoil but actually performing very strong so far in 2023. Judging from the price action, we are at a very critical level for this pair. Looking at sentiment, shorts abnormally high on the retail side, I’m seeing a 90% short ratio at very critical level. Which means this will very likely squeeze high this coming week. this is a nice opportunity for this...
Firm on this decision, depending on opening, I may enter right away. Most likely I will as price action and sentiment screams it !
Master your mind. Master Trading.
  • #732,056
  • Feb 26, 2023 8:03am Feb 26, 2023 8:03am
I so love this thread, may it continue forever...
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  • #732,057
  • Feb 26, 2023 8:05am Feb 26, 2023 8:05am
Quoting dempire1
{quote} I'm missing a lot of stuff in this thread
Same, working 5/7, missing a lot of soap drama's
  • #732,058
  • Feb 26, 2023 8:07am Feb 26, 2023 8:07am

hello traders ,i see the best chances on the short side for the next few days
H 4
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don´t follow me,you will loose your moneyy
  • #732,059
  • Feb 26, 2023 8:08am Feb 26, 2023 8:08am
Quoting KareemAliFx
{quote} Firm on this decision, depending on opening, I may enter right away. Most likely I will as price action and sentiment screams it !
Doesn't the 35% discount in the Canadian dollar reflect the relative strengths of the two economies? The US economy is contracting and is expected to contract more this year before expanding in Q4. Canada is much the same. The biggest handicap that Canada faces is the continued incompetence of the Trudeau Government but I believe even a lot of that is factored into the current exchange rate. I don't see a big change coming down the pipeline.
  • #732,060
  • Feb 26, 2023 8:13am Feb 26, 2023 8:13am
Quoting dantpm
{quote} Doesn't the 35% discount in the Canadian dollar reflect the relative strengths of the two economies? The US economy is contracting and is expected to contract more this year before expanding in Q4. Canada is much the same. The biggest handicap that Canada faces is the continued incompetence of the Trudeau Government but I believe even a lot of that is factored into the current exchange rate. I don't see a big change coming down the pipeline.
much agreed as both are strong trade partners , if one does well the other does too. However, central bank of Canada and I’ve seen the reports myself, inflation is dropping faster than the US side, most likely due to the job cuts and reduced spending from Canadians. The US, not so much, in fact the labour market is way too strong. Inflation has shown a rise again, Canada ? No a decline. As of now, this is a very favourable trade . Biggest thing I’m talking about here is strictly USD/CAD exchange rate, the leading thing that moves this is inflation. And I’m seeing a golden opportunity for this pair and buying the shit out of it !!
Master your mind. Master Trading.
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