Forex - A negative sum game for losers | Page 34 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Does anyone still believe that Forex is a zero sum game? 15 replies

Winners scale winners, losers scale losers 12 replies

Is Forex a ZERO Sum game? 62 replies

If losers average losers, then I am a loser 10 replies

Forex: A Zero Sum Game? 18 replies

Attachments: Forex - A negative sum game for losers
Exit Attachments

Forex - A negative sum game for losers

  • #661
  • Oct 31, 2023 2:19pm Oct 31, 2023 2:19pm
Quoting TudorIoan
{quote} ...still
"NO bearing on an individual trader and their own successes or failures"
Cheers, buddy!

Hi T.I.
Mate, everything in business is a 'factor' for sure.
But the N-Sum, Z-Sum (factor) as being the reason a trader loses
Is a bit like saying our business went bust because the same electricity bill kept coming each month
(ie there will be other and more substantial reasons a trader loses in my opinion)

Anyway, time to put this one to bed I reckon, it's a circular conversation with no actual get-off point imho
  • #662
  • Nov 1, 2023 3:17am Nov 1, 2023 3:17am
Forex (foreign exchange) trading is often described as a zero-sum game, meaning that for every winner, there is a corresponding loser. However, labeling it as a "negative sum game for losers" might be overly simplistic and misleading. Forex trading has both pros and cons, and it's important to understand the nuances.
In the Forex market, participants speculate on the price movements of currency pairs. When one trader profits, another trader incurs a loss of equal value. While this might make it seem like a negative sum game, it's crucial to acknowledge that Forex is not a fixed-pot game like gambling. It's a dynamic market influenced by various economic, geopolitical, and financial factors. Traders use analysis, strategy, and risk management to make informed decisions.
Some traders indeed experience losses due to poor decision-making, lack of discipline, or inadequate risk management. However, others can achieve consistent profits through diligent research, technical and fundamental analysis, and effective risk control. Success in Forex trading depends on skills, knowledge, and experience.
It's also worth noting that the Forex market provides opportunities for hedging and managing currency risk, which can be beneficial for businesses and investors.
In summary, while Forex trading has inherent risks, it's not necessarily a negative sum game for all participants. Success depends on individual skills, discipline, and the ability to adapt to a highly competitive and dynamic market.

https://vfxalert.com/how-it-works
  • #663
  • Edited 11:49pm Nov 1, 2023 11:36pm | Edited 11:49pm
Quoting nubcake
{quote} Because it's fucking boring, pointless, and a waste of time. Whatever "sum" phrase you want to use is merely an argument of perspective and proves a whole lot of nothing. When you actually define the perspective then there's nothing to argue or debate because the fact of the statement (with the correct perspective) will be evidently true or false, and those who can't see the difference between it being true or false aren't worth the time and crayons.
If you consider trading discussions a waste of time who the fuck invited you here ???

Quoting TimeTells
{quote} Hi T.I. Mate, everything in business is a 'factor' for sure. But the N-Sum, Z-Sum (factor) as being the reason a trader loses Is a bit like saying our business went bust because the same electricity bill kept coming each month (ie there will be other and more substantial reasons a trader loses in my opinion) Anyway, time to put this one to bed I reckon, it's a circular conversation with no actual get-off point imho
Sorry to disappoint you, but you're not the center of Universe, buddy! You're just another boring voice in this discussion...
If all sweet and clear for you, just stay out, ok !
Now you can go to your bed !
Byeee!

Quoting Dittmer
Forex (foreign exchange) trading is often described as a zero-sum game, meaning that for every winner, there is a corresponding loser. However, labeling it as a "negative sum game for losers" might be overly simplistic and misleading. Forex trading has both pros and cons, and it's important to understand the nuances. In the Forex market, participants speculate on the price movements of currency pairs. When one trader profits, another trader incurs a loss of equal value. While this might make it seem like a negative sum game, it's crucial to acknowledge...
Disqualified from the very first sentence ...FX is not a "for every winner, there is a corresponding loser" game.
The trading equation is in term of volumes, not individuals. Don't even read...
Member
  • #664
  • Nov 2, 2023 2:09am Nov 2, 2023 2:09am
JFC someone get the crayons
Congratulations ScalaFX for coming out of the closet!
  • #665
  • Edited 11:49pm Nov 2, 2023 5:34am | Edited 11:49pm
Quoting nubcake
JFC someone get the crayons
You obviously think that a copied cool saying can replace reason.
Just go home, funny guy !
Member
  • #666
  • Nov 2, 2023 11:50pm Nov 2, 2023 11:50pm
Actually, this thread is about faulty brokers. This thread should help to uncover the marketing lies of the forex industry.
Zero-non-zero or statistics showing loads of retail losers kind of topics it's alright to be debated here, but many of you frustrated morons jumped up like you got burned ranting as you personally felt attacked on merit, consistency, ego... in fact, your stupid addiction drags you there to defend the industry that's screwing you over ...WTF, Stockholm syndrome ?
Member
  • #667
  • Nov 3, 2023 12:35am Nov 3, 2023 12:35am
Quoting TudorIoan
Actually, this thread is about faulty brokers. This thread should help to uncover the marketing lies of the forex industry. Zero-non-zero or statistics showing loads of retail losers kind of topics it's alright to be debated here, but many of you frustrated morons jumped up like you got burned ranting as you personally felt attacked on merit, consistency, ego... in fact, your stupid addiction drags you there to defend the industry that's screwing you over ...WTF, Stockholm syndrome ?
I agree in my friend, trading should be a good source of entertainment, something to feel proud of having achieved something. A dishonest broker is like whatever worst animal name you wish to give lmao
  • #668
  • Nov 3, 2023 12:49am Nov 3, 2023 12:49am
Quoting TudorIoan
you frustrated morons
I think your excessive insults show clearly who is the moron.
It is pretty obvious that you have no executive functions (emotional control...).
  • #669
  • Edited 2:21am Nov 3, 2023 2:05am | Edited 2:21am
Quoting josi
{quote} I think your excessive insults show clearly who is the moron. It is pretty obvious that you have no executive functions (emotional control...).
Now you insult me ...because I insult people.... and then you talk about self control !!!
JFC, Mother Mary and Joseph (Josi) another frustrated stupid moron!! ...where are you fkn morons coming from ?! ...couldn't you just mind your losing trading monkey business and STFU ?!?
Member
  • #670
  • Nov 3, 2023 2:23am Nov 3, 2023 2:23am
You guys are the best, you should have a team effort stand up routine!
Some would cry, some would laugh, some would do both...
My signature is: "Classified".
  • #671
  • Nov 5, 2023 11:22pm Nov 5, 2023 11:22pm
FF is now a playground for blind sick idiots as trading gurus who are ”guiding” stupid addicted little fucks... that's really fun!
...and the place where morons like Ferna, foto... gathers and put their stinky repressed twisted thoughts and comments about politics and economics
Member
  • #672
  • Nov 5, 2023 11:46pm Nov 5, 2023 11:46pm
Quoting TudorIoan
FF is now a playground for blind sick idiots as trading gurus who are ”guiding” stupid addicted little fucks... that's really fun! ...and the place where morons like Ferna, foto... gathers and put their stinky repressed twisted thoughts and comments about politics and economics
No, it's always been that way. Are you fucking slow?

Profitable or not, you seem dim. Rant some more, princess.
Congratulations ScalaFX for coming out of the closet!
  • #673
  • Nov 5, 2023 11:59pm Nov 5, 2023 11:59pm
Quoting nubcake
{quote} No, it's always been that way. Are you fucking slow? Profitable or not, you seem dim. Rant some more, princess.
People like you are the living proof that FF is now a playground for blind sick idiots
You love to rant too, you little rat, doncha!
I don't rant actually, I make fun of you frustrated uninvited nobodies
Member
  • #674
  • Nov 6, 2023 12:00am Nov 6, 2023 12:00am
Where those crayons?
You have an IQ lower than 90 if you interact with this user.
  • #675
  • Nov 6, 2023 12:09am Nov 6, 2023 12:09am
Quoting Ferna
Where those crayons?
You follow me everywhere, smart ass ? Gooood, now show us a trick here or something, you little clown !
Member
  • #676
  • Nov 6, 2023 1:51am Nov 6, 2023 1:51am
Cringe.
Congratulations ScalaFX for coming out of the closet!
  • #677
  • Nov 6, 2023 10:25pm Nov 6, 2023 10:25pm
Pathetic loser, ...nub cake forever, huh? ...Jeez, who the fuck pick such a stupid username ?!?
Member
  • #678
  • Nov 6, 2023 10:46pm Nov 6, 2023 10:46pm
In every financial market, you will see the same scenario and many traders fail because they stick to a certain type of strategy for a very long time and they find it ineffective after a certain time.
  • #679
  • Nov 6, 2023 11:01pm Nov 6, 2023 11:01pm
More cringe. This is just your little cringe thread now. Go hard, baby.
Congratulations ScalaFX for coming out of the closet!
  • #680
  • Edited Nov 7, 2023 12:51am Nov 6, 2023 11:39pm | Edited Nov 7, 2023 12:51am
Quoting HudithePfupf
Some more recent trading statistics from: https://blog.gitnux.com/day-trading-statistics/ Zippia: “Day trader demographics and statistics in the US”, cited February 2023. Reality doesn't change over time. Retail forex and daytrading are negative sum games for losers.
"Zippia: “Day trader demographics and statistics in the US”, cited February 2023. (Source)
WorldFinance: “The changing face of trading”, cited February 2023. (Source)
MyTradingSkills: “15 Mind Opening Day Trading Statistics”, cited February 2023. (Source)
DayTradeReview: “Day Trading Statistics-10 Interesting Facts”, cited February 2023. (Source)
DayTradeTheWorld: “Risk management strategies working in 2022 in day trading”, cited February 2023. (Source)
TheBalance: “Why Day Traders Should Stick to the 1% Risk Rule”, cited February 2023. (Source)
Tradeciety: “Scientists discovered why most traders lose money – 24 surprising statistics”, cited February 2023. (Source)
Chron: “How Much Does a Day Trader Make?”, cited February 2023. (Source)
University of California: “Do Individual Day Traders Make Money? Evidence from Taiwan”, cited February 2023. (Source)
NYSE: “Trading and Data”, cited February 2023. (Source)
FINRA: “Day Trading Risk Disclosure Statement”, cited February 2023. (Source)

Reality doesn't change over time.

 

  1. Retail forex and daytrading are negative sum games for losers.
  2. Leverage makes it even worse - massively worse.
  3. Expect that only 1 out of 100 over a time span of 5 years, will be able to remain net positive after costs (not rich)
  4. Don't worry, the probability for you to quit within a year because auf losses is already about 80 - 90 %. You don't need to waste 5 years to find that out. Cut the losses and move on with your life.
  5. If you have a productive job you with a decent salary you will outperform 99.9% of all daytraders with less drama, less stress and have a much more fullfilling life as a bonus on top of it."

__________________________________
Reality doesn't change over time. More radicals, nub cakes and addicted fucks comes here ignoring the reality to defend the industry that is robbing them.
That's more than cringe ...it's fkn sick.

Member
0 traders viewing now