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Why is nobody willing to post their live account statements on here?

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  • Post #101
  • Quote
  • Feb 9, 2008 6:29pm Feb 9, 2008 6:29pm
  •  Brunite
  • | Joined Dec 2006 | Status: Who be flying?....Pigs be flying! | 295 Posts
Quoting Micro-MiniMe
Disliked
Word of caution dude.

They are out to get you! Sucks to be you.
Ignored
Funny thing.......actually the ironic thing.... is that he has totally sabotaged his own efforts by now.

Nobody questioning whether or not you can make money trading will likely be persuaded by his unique tunnel-vision perspective.

As Merlin said.....the burden of proof is on him....and he doesn't even realize it.

There is no other profession out there that I know of where those that are successful are nagged to provide proof of income to justify why anyone else should consider said profession.......very weird request in the first place! Anyone who thinks trading sucks should go take a civil-service exam....end of discussion.....please!
 
 
  • Post #102
  • Quote
  • Feb 9, 2008 7:12pm Feb 9, 2008 7:12pm
  •  Bemac
  • Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
"..."lol...if that was my intention believe me i wouldnt ask anyone on FF for trading advice. On FF it is a case of "amateurs teaching amateurs to trade like amateurs"..."

So...IF that were indeed the case...we are trying to Assist others to achieve beyond Your Hobbyst Level of Trading Expertise.


At the very worst, what's so wrong with that?

Just a little air to keep your embers hot :
 
 
  • Post #103
  • Quote
  • Feb 9, 2008 7:41pm Feb 9, 2008 7:41pm
  •  kermut
  • | Joined Sep 2005 | Status: Member | 327 Posts
Well, when I first read the thread, I had a reply in mind. But that has totally changed now, considering the development of the thread. Like fsiltd, I am also confused as to the intent of the thread starter. Since there is nothing to actually learn from this thread, yet, some really good ppl have actually taken the time to post. An age old saying, "Time = Money". I hope the person will actually learn something from the little contribution I have to make. I have cut and pasted from several posts in the thread, so I apologise for not referencing them.

As I read thru the thread, you have fequently pointed ppl to the first thread, so I'll begin by quoting you:

But like i said in my first post. I dont have any intenstion trading full time or trading for a living. I only trade weekly charts for a hobby. There is a big difference trading for living and trading for a hobby. If you don't have any intension of trading for a living, then there really isn't a need for statement from someone who actually does trade for a living.


Cause after 3 years i realized there is no easy money to be made in forex. There are easier ways to make money out there than to trade forex. You are lucky. If you have realised after 3 yrs that forex is not for you, that is great. There are traders who lose a lot more before they realise that. Just like being a stuntman is not for everyone, trading forex is also not for every/anyone. In forex, you must learn to actually lose money (it has taken me 3 yrs to learn that!). And I think that nearly every trader (beginner right thru to fund managers) would agree with your statement. There are easier ways to make money than forex. Sometime ago I read on this forum, "Forex is the hardest way to make easy money". But there is easy way to make easy money!!

Please read the very first post in this thread. This thread is not about me and wanting to be a trader. I decide some time ago trading is only a hobby for me nothing more nothing less. If that is the case, then what is your purpose, or what do you hope to achieve by seeing a real account statement? I thought a hobby was something that one does outside their work to enjoy or relax, or have a deep interest in. I can't see forex as a relaxing hobby!


This is not a troll post or something to offend anyone or humiliate anyone. It is genuine and sincere request. A request for to achieve what? Your subsequent posts seem to appear as a challenge, rather than a request.

If after a month nobody has posted their account statements then we would conclude the "95% of forex traders are unsuccesful" statement is true. Well, I think ppl would be willing to agree to that before the 1 mth is up. They say that 60% of small bussiness fail in the first year of startup. Of the remaining 40%, 90% fail in the first three years. That is a huge % of business that fail, yet I see profitable small business everywhere I go.

After 3 years of trading forex in which i never lost an account i have made up my mind as to what forex is to me. Well, since you have made up what your mind about forex is, isn't that all that counts?? Why look to others what they think about it?

So what i am saying is....shut me up once and for all...proof to everyone that i am a loonie...a wanna be......just post your statement. That will proof everything. Proof of what? You do not intend to trade forex for a living, you have realised it is not for you. So what will posting statement prove?

Now to quote some of the replies:

Stick with it, focus on yourself...don't go to a forum until you are profitable as they tend to cloud the mind of some. This can actually be a good thing. Just read Mudd's most recent thread. He clearly stated that he went away from the forum as it found it affecting his trading, and system development. Now that he has found something that he trades live, and totally believes in, he has come back, not to gloat, but to actually share and help. That says a lot.

Also I don't accept the concept that only who is profitable has something to teach about trading. I've learned a lot of things from people that are not profitable and from systems that do not work. Do you think a mechanic learn his profession on perfect cars or on broken ones? One of the best replies. I have learnt more from my losses than my profitable trades. My first year was a break even year. Yet I learnt a lot. My second year was a net loss. I learnt even more that year. My third year was a loss (smaller than the first one), yet I learnt more in that year than the first two combined. This is my fourth year, and I have made back my losses of the last two years. But I still continue to learn. If you have learnt from your mistakes in forex that it is not for you, then what are you looking to others to post their statement?

and that this 5% vs 95% is utter bullshit, or bearshit, whichever you think smells worse. In the unregulated market of spot forex, I think it would be near impossible to quantify the %, so would agree with fsiltd. How do you statistically quantify a trader that blows his first 9 accounts, all worth $1000, and by then he has learnt, grown as a trader, and developed a working method, and his 10th account is $10,000, and he is profitable ever since then? Since there is no way to relate that these 10 accounts were of the same person, the figures would say that 90% of traders are unprofitable!!

Now, in reply to some of your other posts about EA's not working etc, I point you to a guy on oanda's forum, by the name of chaffcombe. He has an audited and regulated fund management firm in Australia, has verifiable results on his website, has a lot to share about forex trading, and best of all, everyone of his accounts is not traded manually. It is all on auto-pilot. I won't post his website, mainly because I feel you need to look a bit harder and do a little more work. So that basically dispells your view of EA's don't work.

I have had the privelage of being in touch with several pro-traders, and even a bigger privlage of seeing them trade live. These ppl were making b/w 20 to 60 pips per day, every day, every week, every mth for the 3 mths that I was with them. Their min. position size was 5M. Did I ask them to show me their accont statments. I'll let you answer that...

A lot of traders fail for a variety of reasons, one of which is under-capitalisation. Traders begin with a 1k account, hoping to turn it into 10k very quickly, and then dream of trading from the beach sipping their favourite drink. Trading is a business, and the rules of small business apply to forex just the same - hard work, capitalisation, cashflow, and understanding the business you are in.

This is a forum where ppl come to learn, discuss etc. If you can state what you would learn from someone posting a live statement for 2007, then maybe, just maybe, I could convince one of several profitable traders I know, that might be willing to help you learn. To make your search a little easier, go to Turbo's journal, and you will see he finished 2007 with just uver 2800 pips. He stated (and I know for a fact, since I actually know him), that 30 pips = 1%. I'll let you work out the % return he made. Also in that journal, there is somewhere embedded a copy of a statement of some trades he made, as he was trying to point something out, and his std position size was 300K, ie $30/pip. Should not be too hard with this info to work out what he made in $$ for 2007.

And to finish it off, I can't post a statement for 2007, since I actually made a net losshttp://www.forexfactory.com/images/icons/icon7.gif. But the post would be tooooo long for me to write what I have learnt.

"KNOW THYSELF" Paste this infront of your computer, toilet etc where ever u spend the most time, and eventually you will get all the proof of everything you ever wanted to know.

Regards,
K.

PS And I do hope you find a more relaxing hobby...http://www.forexfactory.com/images/icons/icon14.gif



 
 
  • Post #104
  • Quote
  • Feb 9, 2008 8:48pm Feb 9, 2008 8:48pm
  •  Bemac
  • Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
... keeps on tickin'__ into the future...
 
 
  • Post #105
  • Quote
  • Feb 9, 2008 9:39pm Feb 9, 2008 9:39pm
  •  opie999
  • Joined Jun 2007 | Status: Know that you don't know. | 2,943 Posts
Waiting for someone or something to show you the way...
 
 
  • Post #106
  • Quote
  • Feb 9, 2008 10:15pm Feb 9, 2008 10:15pm
  •  30XTCi
  • | Joined Apr 2006 | Status: PhD in Smoke and Mirrors | 274 Posts
Quoting opie999
Disliked
Waiting for someone or something to show you the way...
Ignored
Time,

Your time has expired!

Stop wasting people's time!

Time to move on!
Polishing my crystal ball
 
 
  • Post #107
  • Quote
  • Feb 9, 2008 10:56pm Feb 9, 2008 10:56pm
  •  Brunite
  • | Joined Dec 2006 | Status: Who be flying?....Pigs be flying! | 295 Posts
Quoting Bemac
Disliked
... keeps on tickin'__ into the future...
Ignored


"TIME needs to fly like an eagle
To the sea
Fly like an eagle
Away from Forex Fac-tor-y..."

 
 
  • Post #108
  • Quote
  • Feb 9, 2008 11:54pm Feb 9, 2008 11:54pm
  •  eagle_eye
  • | Joined Jun 2007 | Status: Member | 142 Posts
Hi,
I am learning to trade forex to make money. This is my aim.
If I see real live statements here showing a trader making money then it inspires me more. Thats the benefit to me of seeing statements. So this thread is useful to me and also to others, I am sure.

If the thread starter is saying that most of you on this forum with 1kt badge do not make money and asking you to prove him wrong then this is not right. But I am sure the thread starter is not saying that.

He is simply asking you if you make money trading forex then can you please post your statements. You can either post your statement or don't post your statement. Simple as that.

Regards
 
 
  • Post #109
  • Quote
  • Feb 10, 2008 1:22am Feb 10, 2008 1:22am
  •  Mr. Roboto
  • | Joined Mar 2007 | Status: Member | 76 Posts
Quoting eagle_eye
Disliked
Hi,
I am learning to trade forex to make money. This is my aim.
If I see real live statements here showing a trader making money then it inspires me more. Thats the benefit to me of seeing statements. So this thread is useful to me and also to others, I am sure.

If the thread starter is saying that most of you on this forum with 1kt badge do not make money and asking you to prove him wrong then this is not right. But I am sure the thread starter is not saying that.

He is simply asking you if you make money trading forex then can you please post your statements. You can either post your statement or don't post your statement. Simple as that.

Regards
Ignored
Exactly. I don't understand why so many people are making such a hullabaloo over Time's request.
Domo Arigato, Mr. Roboto!
 
 
  • Post #110
  • Quote
  • Edited 6:27am Feb 10, 2008 6:12am | Edited 6:27am
  •  Time
  • | Joined Nov 2007 | Status: Member | 86 Posts
Quoting merlin
Disliked
time, i already told you exactly how to find these statements in my last post here... CTA records!! do some homework man, the info is out there for you. (here, i will help: http://www.autumngold.com).

why are you choosing to troll this forum instead of going to seek the real truth?? arent you interested in the truth? and if not, what exactly is your motive?

btw, what you are doing here is acting like a conspiracy theorist. you throw out a theory and tell everyone to disprove you. that aint the way it works! if you state a theory, the "burden of proof" is on YOU to prove it right. what you and other conspiracy theorist do is put the burden of proof on others to prove you wrong. thats the easy road to take, and thats why conspiracy theorists take it.

there is a 7-eleven on pluto...now prove me wrong! LOL
Ignored
Merlin

It is not my intension to be a troll. And it is unfortunate that you view it this way.

I am very sincere in my request. I have no conspiracy theories or hidden motives. It was just a plain simple request to find out how traders on FF are doing trading forex. I am not interested in finding out how other fund managers, companies, banks, etc. are doing. I am interested to find out how the members on THIS forum is doing. Nothing more nothing less. Is that such an unreasonable request?

But if you feel i am breaking any forum rules or are asking uncomfortable, provoking, threathening, rude, unfair questions then please close this thread and put it in the recycle bin. I wont object to it.

Regards
 
 
  • Post #111
  • Quote
  • Feb 10, 2008 6:14am Feb 10, 2008 6:14am
  •  Time
  • | Joined Nov 2007 | Status: Member | 86 Posts
Quoting eagle_eye
Disliked
Hi,
I am learning to trade forex to make money. This is my aim.
If I see real live statements here showing a trader making money then it inspires me more. Thats the benefit to me of seeing statements. So this thread is useful to me and also to others, I am sure.

If the thread starter is saying that most of you on this forum with 1kt badge do not make money and asking you to prove him wrong then this is not right. But I am sure the thread starter is not saying that.

He is simply asking you if you make money trading forex then can you please post your statements. You can either post your statement or don't post your statement. Simple as that.

Regards
Ignored
Thank you very much for understanding what i am trying to aim for here. And it is as simple at either posting your statements or not posting it.

Regards
 
 
  • Post #112
  • Quote
  • Feb 10, 2008 6:20am Feb 10, 2008 6:20am
  •  Time
  • | Joined Nov 2007 | Status: Member | 86 Posts
Quoting Mr. Roboto
Disliked
Exactly. I don't understand why so many people are making such a hullabaloo over Time's request.
Ignored
Somehow i cannot understand the reaction either. It seems like this thread is intimidating a lot of people. That is the only reason i can think of why people are posting such attacking, rude comments. Guess i am pushing on a sensitive nerve.
 
 
  • Post #113
  • Quote
  • Feb 10, 2008 9:28am Feb 10, 2008 9:28am
  •  forexmoments
  • | Commercial Member | Joined Dec 2007 | 1,927 Posts
Quoting merlin
Disliked
time, i already told you exactly how to find these statements in my last post here... CTA records!! do some homework man, the info is out there for you. (here, i will help: http://www.autumngold.com).

why are you choosing to troll this forum instead of going to seek the real truth?? arent you interested in the truth? and if not, what exactly is your motive?

btw, what you are doing here is acting like a conspiracy theorist. you throw out a theory and tell everyone to disprove you. that aint the way it works! if you state a theory, the "burden of proof" is on YOU to prove it right. what you and other conspiracy theorist do is put the burden of proof on others to prove you wrong. thats the easy road to take, and thats why conspiracy theorists take it.

there is a 7-eleven on pluto...now prove me wrong! LOL
Ignored
Merlin, take it easy my friend. I actually think his motives are not insincere.
 
 
  • Post #114
  • Quote
  • Feb 10, 2008 4:00pm Feb 10, 2008 4:00pm
  •  fsiltd
  • | Joined Dec 2006 | Status: Fudōshin | 739 Posts
Quoting Time
Disliked
Somehow i cannot understand the reaction either. It seems like this thread is intimidating a lot of people. That is the only reason i can think of why people are posting such attacking, rude comments. Guess i am pushing on a sensitive nerve.
Ignored
K, this will be the last on this from me.
Personally I think comments like the above are what have rubbed people up the wrong way, and just goes to prove your absolute narrow mindedness, if "this is the only reason" you can think of.
I'll be the first to apologise for any "rude" comments I have made. It's a new day, and I know the seeds my words have planted in your mind can never be taken back, so, sorry for that.

However, if you think this is/was in anyway intimidating for me or others, I assure you, you are WAY off.
I only believe that it is counter productive. Seeing a successful trader's statement(s) WILL NOT have the effect you think it will, I promise you. Look at the ones you have already been shown. You will always find something about them that is not to your liking/criteria, because they do not give you the desired "feeling".
I have seen statements and it is just an anti-climax. I've seen one for example where the trader was indeed profitable, but that came from 4 trades at the beginning of the year, and the other 11 months, not a single trade. But you can't argue, he was profitable for that year. I have also seen the flipside, with absolutely shockingly profitable traders statements, but you know what, it still meant nothing. You see, it comes down to WHY you want to see them. In my case, I was looking for a trader on this very forum to trade some of my money. In the end, I changed the criteria initially set, because it was more about the person and his plan, than the account statement.

You (and anybody else) waiting for statements would be far better off spending some time researching the journals here or anywhere else you like, as those are the same trades you would most likely see on the traders statement anyway.

What is it on these statements exactly that you are looking for anyway? A big fat balance in the total column? My first profitable year, was by a little over 2k. It's not that impressive to look at I promise you.
Also, why have you not taken the time to get some decompresser software like winrar to open farhad's statements. Surely they satisfy all your criteria, and you could have put this to bed.

You see why I can't personally understand what it is your after?
And, why do you not just answer that simple question for me then?

I know you say it's simple, but you don't give anything up either, which to me seems like an alterior motive or some hidden agenda.
The whole "I'm not saying anything else, or answering any questions, just read my first post" attitude is what stinks to me. Sorry, but it does.

I made a suggestion also, why not let someone here or anywhere else you like and consider successful trade some money for you. Then you can look at your own statements as many times as you like.
Maybe a nice managed account with a retail broker, or will you have to see their statements first too? Seeing as the past performance most post on their sites wouldn't suffice either.

You scoffed at the one I showed you, but I think you missed the point completely. Do you think I would piss away 15K if I did not have more where that came from, or new how to make more, as I'm not from a well-to-do background.

The fact is, there ARE very many profitable traders in the forex, whether you believe it or not, account statements or not.
Suck it up man.
If you can show me one other business, PLC's aside, that show you their account statements, I'll eat my hat.
You mentioned many examples of why you want to see them, with the whole second-hand car and architect stories, but even that is not what you are asking of traders here. If you were to revise that story and say, "I want to see my potential architect's account statements, to make sure he can afford the raw materials to build my dream mansion" or "I'll believe he is a good architect if he can show me how much money he's made so far from building houses" it would be more in line with what you are looking for. And even if not that, saying that you would want to see other buildings he's built, is not even what your asking for here.
I promise you if you start asking that architect to prove he indeed built those buildings by showing you not only the blueprints, but the bills that went along with the associated costs etc., he'd probably tell you to piss-off.
The fact is, it is just not good business practice.
I also run a telecoms company, it's not big, but pretty successful. I have never been asked to show my p/l, cashflow or balance sheet to anyone except my arsehole of a business bank manager, and accountant, because it is required.

You should rather ask non-full-time, hobby traders like yourself for statements. People who do not do this for a living. People who do not treat it like a business. They should have no problems showing you I'm sure. I know they like to boast, just ask around in those circles.

Maybe if you had some credentials/clout of some kind also. Like my bank manager mentioned above. You see, there is just no benefit in showing them to you, a nobody, if I may be so frank. Not even just to make you "feel better". Or give you the satisfaction of being able to say, "look at me, I finally got them to post their statements". It will be a short-lived feeling of victory I'm sure.

You also say the folks on here are quick to post systems and slam systems, make calls etc. etc. whatever else you said.
Well buddy, this is ForexFactory, it's what they do. It happens on every forum in every industry. Even off forum. Have you never been in a business negotiation/deal/brainstorm. If you can't take the critique, bugger off, this is not the place for you. You're not going to be able to protect anyone else either.
I have personally never posted a system, started a journal, made a call, offered analysis but I assure you if I did, I would expect a reaction. This is the real world. I would prefer to have holes picked in my theories by people in the industry, and prefer to be told straight up if it sucked.

I'm gonna stop waffling on now, else I could carry this on till tomorrow and it was supposed to be short 'n sweet. Sorry for the eye strain.

PS. Last time: STATE YOUR PURPOSE

Carpe Divitiae
 
 
  • Post #115
  • Quote
  • Feb 10, 2008 4:34pm Feb 10, 2008 4:34pm
  •  Time
  • | Joined Nov 2007 | Status: Member | 86 Posts
Quoting fsiltd
Disliked
K, this will be the last on this from me.
Personally I think comments like the above are what have rubbed people up the wrong way, and just goes to prove your absolute narrow mindedness, if "this is the only reason" you can think of.
I'll be the first to apologise for any "rude" comments I have made. It's a new day, and I know the seeds my words have planted in your mind can never be taken back, so, sorry for that.

However, if you think this is/was in anyway intimidating for me or others, I assure you, you are WAY off.
I only believe that it is counter productive. Seeing a successful trader's statement(s) WILL NOT have the effect you think it will, I promise you. Look at the ones you have already been shown. You will always find something about them that is not to your liking/criteria, because they do not give you the desired "feeling".
I have seen statements and it is just an anti-climax. I've seen one for example where the trader was indeed profitable, but that came from 4 trades at the beginning of the year, and the other 11 months, not a single trade. But you can't argue, he was profitable for that year. I have also seen the flipside, with absolutely shockingly profitable traders statements, but you know what, it still meant nothing. You see, it comes down to WHY you want to see them. In my case, I was looking for a trader on this very forum to trade some of my money. In the end, I changed the criteria initially set, because it was more about the person and his plan, than the account statement.

You (and anybody else) waiting for statements would be far better off spending some time researching the journals here or anywhere else you like, as those are the same trades you would most likely see on the traders statement anyway.

What is it on these statements exactly that you are looking for anyway? A big fat balance in the total column? My first profitable year, was by a little over 2k. It's not that impressive to look at I promise you.
Also, why have you not taken the time to get some decompresser software like winrar to open farhad's statements. Surely they satisfy all your criteria, and you could have put this to bed.

You see why I can't personally understand what it is your after?
And, why do you not just answer that simple question for me then?

I know you say it's simple, but you don't give anything up either, which to me seems like an alterior motive or some hidden agenda.
The whole "I'm not saying anything else, or answering any questions, just read my first post" attitude is what stinks to me. Sorry, but it does.

I made a suggestion also, why not let someone here or anywhere else you like and consider successful trade some money for you. Then you can look at your own statements as many times as you like.
Maybe a nice managed account with a retail broker, or will you have to see their statements first too? Seeing as the past performance most post on their sites wouldn't suffice either.

You scoffed at the one I showed you, but I think you missed the point completely. Do you think I would piss away 15K if I did not have more where that came from, or new how to make more, as I'm not from a well-to-do background.

The fact is, there ARE very many profitable traders in the forex, whether you believe it or not, account statements or not.
Suck it up man.
If you can show me one other business, PLC's aside, that show you their account statements, I'll eat my hat.
You mentioned many examples of why you want to see them, with the whole second-hand car and architect stories, but even that is not what you are asking of traders here. If you were to revise that story and say, "I want to see my potential architect's account statements, to make sure he can afford the raw materials to build my dream mansion" or "I'll believe he is a good architect if he can show me how much money he's made so far from building houses" it would be more in line with what you are looking for. And even if not that, saying that you would want to see other buildings he's built, is not even what your asking for here.
I promise you if you start asking that architect to prove he indeed built those buildings by showing you not only the blueprints, but the bills that went along with the associated costs etc., he'd probably tell you to piss-off.
The fact is, it is just not good business practice.
I also run a telecoms company, it's not big, but pretty successful. I have never been asked to show my p/l, cashflow or balance sheet to anyone except my arsehole of a business bank manager, and accountant, because it is required.

You should rather ask non-full-time, hobby traders like yourself for statements. People who do not do this for a living. People who do not treat it like a business. They should have no problems showing you I'm sure. I know they like to boast, just ask around in those circles.

Maybe if you had some credentials/clout of some kind also. Like my bank manager mentioned above. You see, there is just no benefit in showing them to you, a nobody, if I may be so frank. Not even just to make you "feel better". Or give you the satisfaction of being able to say, "look at me, I finally got them to post their statements". It will be a short-lived feeling of victory I'm sure.

You also say the folks on here are quick to post systems and slam systems, make calls etc. etc. whatever else you said.
Well buddy, this is ForexFactory, it's what they do. It happens on every forum in every industry. Even off forum. Have you never been in a business negotiation/deal/brainstorm. If you can't take the critique, bugger off, this is not the place for you. You're not going to be able to protect anyone else either.
I have personally never posted a system, started a journal, made a call, offered analysis but I assure you if I did, I would expect a reaction. This is the real world. I would prefer to have holes picked in my theories by people in the industry, and prefer to be told straight up if it sucked.

I'm gonna stop waffling on now, else I could carry this on till tomorrow and it was supposed to be short 'n sweet. Sorry for the eye strain.

PS. Last time: STATE YOUR PURPOSE

Ignored
Thanks for your response. However I am not gonna debate all your questions and statements with you. That is not the scope of this thread. The scope of this thread is to invite any successful trader to post his/her live account statement (including a withdraw) so that FF can see how many traders are profitable. It is as simple as that.

There is no scam, no hidden agenda, no insight secrets i wanna get, no trading strategies i wanna get, no trading systems i wanna ask for, etc.

Regards
 
 
  • Post #116
  • Quote
  • Feb 10, 2008 4:47pm Feb 10, 2008 4:47pm
  •  fsiltd
  • | Joined Dec 2006 | Status: Fudōshin | 739 Posts
Quoting Time
Disliked
...so that FF can see how many traders are profitable. It is as simple as that.
Ignored
Bollox
Carpe Divitiae
 
 
  • Post #117
  • Quote
  • Feb 10, 2008 5:31pm Feb 10, 2008 5:31pm
  •  Phil_GMT
  • Joined Jan 2008 | Status: Member | 564 Posts
Nobody wants to post their accounts on here because, everyone on here does not make any money form forex. I'm talking £2K a month (UK average wage).

The 95% that do not make any money, are all here on this forum or another forec forum. Truth.

The way I see it if you make 20 pips guaranteed everyday then you would be in Dominican Republic, living in a 5 bedroom villa, going to the beach after you made your pips. Not coming on Forex Factory, to talk about how much money you have made to thousands of traders who all want to know how...
 
 
  • Post #118
  • Quote
  • Feb 10, 2008 9:45pm Feb 10, 2008 9:45pm
  •  kermut
  • | Joined Sep 2005 | Status: Member | 327 Posts
Quoting Mr. Roboto
Disliked
Exactly. I don't understand why so many people are making such a hullabaloo over Time's request.
Ignored

Well, if you read consider his first post a request, then you would certainly interpret his subsequent posts as a challeng. When you request something, you should be prepared to give a reason for it. So far his reason is that unless you can prove you make money, you are not making money, and just full of %$#. That itself is not a reason for complying with the request. When his request was denied, he basically went on to say that unless you can comply, you are not making any money.

Surely you would not go to a financial advisor and "request" to see his bank statements before you listen to his advice?

As far as the 1kt badge goes, the rules state that you have to have made 1000 trades, nowhere does it say you have to have been profitable in 2007, or be making a living out of trading forex.

In all the "hullabaloo" as you say, time has been "requested" again and again to state the reason for his request. I have yet to see him comply with that.

Considering he has no intention of trading full time, trades for a hobby, and has decided trading is not for him, I, and many others fail to see the benefit , purpose, for his "request", which has turned into a challenge.

Time has already asked the mods to shelf this thread if they so feel, I think he should just close it himself since it is not going anywhere, and he is not willing to actually give a valid reason for his request.

K.
 
 
  • Post #119
  • Quote
  • Feb 10, 2008 9:55pm Feb 10, 2008 9:55pm
  •  kermut
  • | Joined Sep 2005 | Status: Member | 327 Posts
Quoting Phil_GMT
Disliked
Nobody wants to post their accounts on here because, everyone on here does not make any money form forex. I'm talking £2K a month (UK average wage). A very bold generalisation.

The 95% that do not make any money, are all here on this forum or another forec forum. Truth. Another very bold generalisation. This is an excellent place to come to if you want to learn about forex, and eventually reach the stage of trading for a living.

The way I see it if you make 20 pips guaranteed everyday then you would be in Dominican Republic, living in a 5 bedroom villa, going to the beach after you made your pips. Not coming on Forex Factory, to talk about how much money you have made to thousands of traders who all want to know how...
Ignored
If there was a way to make 20pips guarenteed everyday... what a dream!!!! Maybe even 1 pip!!! Not all traders want to live in a 5 bedroom villa, and going to the beach. Some trade for a higher purpose of being able to do things they love, eg. volunteer work, helping their local school due to shortage of govt funding, spending time with kids etc. just to mention a few.

If you actually read the journals section of some of the traders, not all, one eg is turbo, you will see calls and trades in real time, or before time, and their total pip tally. If you read posts from Darkstar, you will realise that he is a man/woman of great indepth knowledge, knowledge that can only come from being in the the "matrix" not outside it. If you read the some of the threads of the 1kt section, you will see that these traders know what they are talking.

I would agree with you that they do not come here to tell others how much money they made, but you will see a lot of helpful posts, answers to questions, and great guidance. Maybe that is what these great traders are actually "wasting" their time on...

Looking at a live account statement is not going to make you a better trader or make you inspired to take up fx for a living. Reading, learning, experimenting, and understanding yourself will.

As they say, beauty is in the eye of the beholder. Value is all a matter of perception.

Regards,
K.

edit: this will be my last post here, as it has taken a lot of my "study of the markets" time. I usually will post in threads where I see a shift in mindset is needed and the person is willing to make it, and will benefit. I see no possibility of this here. Good luck with your quest for a "real" statment. I still hope you find a more relaxing hobby. Maybe a good idea would be to ask the "real" traders what they do as a hobby!!
 
 
  • Post #120
  • Quote
  • Feb 10, 2008 10:18pm Feb 10, 2008 10:18pm
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Quoting digitil
Disliked
you have a point. I imagine successful traders either post because they're bored out of their guts while babysitting open positions, or they genuinely feel like helping others along the way to "growing up". I keep reading posts of people trying to explain important stuff to newbies, but it appears that unless you know what they mean it gets lost in translation. and once you "get it" you either don't bother posting in a forum anymore since you no longer have questions, or you do because you're bored.

it sucks loosing money. it also sucks not having a decent automation system in place and being forced to sit in front of the darn screen just to click a button at a specific time.
Ignored
Ding Ding

We have a winner.

This is very true.


There are alot of good traders on here. Its easy to find them. There the ones that don't care what any one says. :

Eventually even the helpfull ones get tired of the same noob questions year after year and drift off into the sunset.
 
 
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