DislikedJust discussion.
Personally, I get more from this than System/Indicator/Call threads.Ignored
Long E/U 1.433 TP 1.46 SL 1.413! Oo, oo! Yeah, I'm on it!!
Puhleeze.
Why your broker is your friend and your enemy 4 replies
Why don't traders admit that they are not profitable in trading? 12 replies
Cutting your risk, letting your profits run 7 replies
Luck be a lady ... Your unlucky trades 18 replies
DislikedJust discussion.
Personally, I get more from this than System/Indicator/Call threads.Ignored
DislikedSo a lottery and trading the financial markets are the same thing? Hmmm...I'm begining to see why you are so jaded.Ignored
DislikedOn my birthday 16 July, a friend who is a trader called me by my phone. He is giving me a birthday present and ask me to short GbpUsd. Short GU no matter what happen. 2 months later he called me again saying he is in town and wanted to meet me. Look at GU chart on 16 July and how much it moves for the next 2 months. Is it luck or something else?Ignored
Disliked"It is impossible to trade the markets day after day, year after year, to try and eek out a living as a day trader. You will be emlimated. It is possible to devise a short term strategy and make enough $ in the short run to not have to worry about day trading anymore."Ignored
Dislikedluck is when you gamble and win, trading is not gambling, you either have the know how to trade or you don't, simple.Ignored
Dislikedi can't say that i agree with this. it is very possible to make a large fortune with forex in a few months. see the equity curve i posted here:
http://www.forexfactory.com/showthread.php?t=103920Ignored
DislikedI guess you miss took me, tdion. I know you can make a fortune in the short run. I am trying to do that right now. What cannot be done is to consistently pull profits out of the market day in and day out for 10+ years. You can get rich in forex, but you cannot make a living from it!Ignored
Dislikedi never said people can't be profitable. i hope to make several thousand percent next year. all i said was, give LUCK it's fair due.Ignored
Dislikedi'd like to interject a thought i had at work today.
the minute you press buy or sell, the market can turn against you EVERY SINGLE TIME! there is nothing stopping it from doing that....
so even if you exit the minute you enter, you are still paying spreads.
there is no evidence that trading is not gambling. i have given the proof that EVERY TRADER can lose EVERY TRADE THEY TAKE.Ignored
Dislikedsome businees people know whats the best set-up for there business and where theres is a strong chance they can make some money and some don't, but it's not base on luck it's understanding the market your in.Ignored
DislikedBy that same reasoning, a trader COULD win every trade he ever takes. As you said, there is nothing from preventing that.Ignored
Dislikedblindfold 100 people and get them to walk across the interstate. 95 will get run over, the other 5 will make it.Ignored
DislikedBasically, my approach is to take a huge set of data, and find patterns (setups) that would have been historically profitable. I write EAs with the patterns in them, and watch how it performs in realtime.Ignored