Forum sharers are the losers?? | Forex Factory

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Forum sharers are the losers??

  • #1
  • First Post: Jan 15, 2010 10:59am Jan 15, 2010 10:59am
Hi,

In everyones quest for forex knowledge.. (including my my own)

Ive been reading a few "comments" from traders that always stikes my

attention... -EVERYTIME!!

every once in a while I will read a trader will say

"you will not spend most your time in threads and posting if you are

already successful (and realy succesful)and are making tons of money

trading".....

"if you are... you should be out enjoying your money and not spend your

time in front of your PC posting in threads!!"...

though it does makes some of sense... but....

So can we assume that threads are the "loosers" bin?

And are we doomed since most of our trading ideas come from failed

traders?

So how do we learn or how should we learn to trade?

Just a thought...

Inputs and comments are most welcome....
  • #2
  • Jan 15, 2010 11:04am Jan 15, 2010 11:04am
Quoting Troy
Hi,

In everyones quest for forex knowledge.. (including my my own)

Ive been reading a few "comments" from traders that always stikes my

attention... -EVERYTIME!!

every once in a while I will read a trader will say

"you will not spend most your time in threads and posting if you are

already successful (and realy succesful)and are making tons of money

trading".....

"if you are... you should be out enjoying your money and not spend your

time in front of...
Yea good question

I opened before 1 motnh thread Good-Bad trades Update but all guys in this forum post just their good trade,that is a human greed...

If you want come on thread and post good or bad trades...

http://www.forexfactory.com/showthread.php?t=211422

Cheers
"Buy on fear, sell on greed !!!
  • #3
  • Jan 15, 2010 11:05am Jan 15, 2010 11:05am
I spend 6-8 hours watching 5 15min charts. I love FF as I can have some entertainment while I keep an eye on the markets..... Trading a lot of the time is bloody boring!

so i don't really agree with that
  • #4
  • Jan 15, 2010 11:06am Jan 15, 2010 11:06am
what do you want out of forexfactory?
Invincibility lies in the defence, the possibility of victory in the attack
  • #5
  • Jan 15, 2010 11:07am Jan 15, 2010 11:07am
What exactly are the thread sharers loosing? A plague upon the people? A windfall of conversation? If it's the latter, let the loosing begin! Too much tightness is a bad thing.
  • #6
  • Jan 15, 2010 11:08am Jan 15, 2010 11:08am
Quoting silverheat
what do you want out of forexfactory?
Great Question!
  • #7
  • Jan 15, 2010 11:09am Jan 15, 2010 11:09am
I think it would be very selfish for those who wonder around learning from others to just leave without making a contribution once they reach success. Selfishness = Greed and greed is one of the killers in this business, so I would think some do, but I also think some of them do stay around.
Please pull my head out of my ass, I am running out of oxygen...
  • #8
  • Jan 15, 2010 11:32am Jan 15, 2010 11:32am
Quoting natanas
What exactly are the thread sharers loosing?
$$$$$$
  • #9
  • Jan 15, 2010 11:39am Jan 15, 2010 11:39am
Quoting PiPtHiEf
I think it would be very selfish for those who wonder around learning from others to just leave without making a contribution once they reach success. Selfishness = Greed and greed is one of the killers in this business, so I would think some do, but I also think some of them do stay around.
The problem is that not everybody in trading can win. If everyone knew how to trade successfully and do so with consistency, then nobody would bother to trade because nobody would be stupid enough to offer liquidity knowing they would lose. That's kind of the irony of FF.

Sharing your system, especially your proven edge, is like sawing off the very branch you are sitting on. If you are making money in trading, it's because others are losing.
  • #10
  • Jan 15, 2010 12:12pm Jan 15, 2010 12:12pm
Quoting Troy
Hi,


traders?

So how do we learn or how should we learn to trade?

Just a thought...

Inputs and comments are most welcome....

On the floor traders use to lie to each other trick and deceive so that before reports came out they would have an advantage.. also when good traders said buy other people would watch and buy... and it would ruin there edge.. so they woul walk up and scream buy .. buy nothing and walk away while some guy they hired would come in and be sneaky and sell why no one was looking...

The internet is no different good traders exhist on forums... but they dont exhist here to tell you how to make money.. they exhist under many names and down traders into this idea they can mechanically money and lean back in a chair and go to the bahamas ... but that will not happen .. what you will end up doing is simply apply the liquidity to the market... the choice you have to make is do I want to simply apply liquidity my whole trading career or do I want to understand the mechanism of the market and be the one watching the control of liquidity.

We need you guys to cover our tracks to create eveness and purchasing ease.. for example a 12 year old kid understood that demand in buying means increased price... no one on the internet knew he was 12 he got on a internet forum bought a stock with an extremely low float and then spammed how he was buying this stock and that he feels its undervalued... that kid made millions .. was investigated by the sec for pump and dumping and in the end I think he walked away free and legal...
  • #11
  • Jan 15, 2010 12:20pm Jan 15, 2010 12:20pm
Quoting >Apocalypto<
I spend 6-8 hours watching 5 15min charts. I love FF as I can have some entertainment while I keep an eye on the markets..... Trading a lot of the time is bloody boring!

so i don't really agree with that
Exactly.

(Why do you think I change my avatar every 15 minutes?)
  • #12
  • Jan 15, 2010 7:00pm Jan 15, 2010 7:00pm
As someone who's been around FF for four years now, yes, we do just get bored and leave the forum. Quite simply, I have nothing left to gain by trawling these forums anymore. My trading is at a healthy and productive level and the trading is comfortably boring now. I'd rather spend my time horsing around in the garage than dicking with MQL4, or playing picture tennis.
  • #13
  • Jan 15, 2010 7:54pm Jan 15, 2010 7:54pm
Quoting Scotty B
The problem is that not everybody in trading can win. If everyone knew how to trade successfully and do so with consistency, then nobody would bother to trade because nobody would be stupid enough to offer liquidity knowing they would lose. That's kind of the irony of FF.

Sharing your system, especially your proven edge, is like sawing off the very branch you are sitting on. If you are making money in trading, it's because others are losing.
My thoughts and experience exactly. The day you find "the system" is the day you stop posting your trades.
  • #14
  • Jan 15, 2010 8:26pm Jan 15, 2010 8:26pm
I trade all day and that can get pretty boring. Though I'm not always in the trade, I do monitor pairs through out all three sessions and for the most part, I wait for my entry signals which comes too far and between. When I'm bored watching the market, I visit FF for the entertainment value, educating the noobies, and giving my two cents on a subject matter and if needed, I take a gander at the calender to observe weekly news releases.
  • #15
  • Jan 15, 2010 8:43pm Jan 15, 2010 8:43pm
I come here to laugh at all the people who have not figured out the difference between loosers and losers.

Thanks for the laugh OP!
  • #16
  • Jan 15, 2010 9:55pm Jan 15, 2010 9:55pm
Quoting Skyhook
As someone who's been around FF for four years now, yes, we do just get bored and leave the forum. Quite simply, I have nothing left to gain by trawling these forums anymore. My trading is at a healthy and productive level and the trading is comfortably boring now. I'd rather spend my time horsing around in the garage than dicking with MQL4, or playing picture tennis.
I agree with you Skyhook. Since linking up with Jacko and James16, I hardly come here any more. IN MY OPINION, they are the two best traders here and my trading has improved dramatically. Like you, my trading is comfortably boring. The Forum now seems to be full of newbies opening threads and discussing the same old things. There must be at least 50 threads now on "why 95% of traders lose money" or versions of the same thing.
  • #17
  • Jan 15, 2010 10:14pm Jan 15, 2010 10:14pm
Quoting magnumfreak
I come here to laugh at all the people who have not figured out the difference between loosers and losers.

Thanks for the laugh OP!
Hey they don't have to no how to right english good to loose there accounts.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #18
  • Jan 16, 2010 12:27am Jan 16, 2010 12:27am
Quoting The Fool
Hey they don't have to no how to right english good to loose there accounts.
...I hate you...
  • #19
  • Jan 16, 2010 1:16am Jan 16, 2010 1:16am
Quoting Scotty B
Sharing your system, especially your proven edge, is like sawing off the very branch you are sitting on
Hi Scotty

I dont agree upon this!
Market runs on emotions, psychology ! ( even fundamental views are percieved value created by mind!)
I firmly beleive that even if you share the proven edge, there will be loads and loads of loosers in every market out of which the Smart money churns the butter. The root cause of loosing in any market is Psychology. Psychology is the strongest edge we can have. However it is unfortunate truth that majority of people will not wire to the right kind of psychology and will provide the fuel to the burning fire.

Regarding the main discussion here, i myself love to help people and gain multiple man years experience through forums. It all depends on individual person as to why they are posting in threads. You cant apply Law or mathematics to the Wavy mind!

Best Regards
Winston
Trading is a delicate balance of Strategy , Money management and Psychology
  • #20
  • Jan 16, 2010 5:16am Jan 16, 2010 5:16am
Hey guys,

sorry if I striked a nerve with constant sharers here and for the spellings..

no harm meant..

just shared what i read coz its not the first time I read a comment like

that.. as a newbie its hard to discern what will work

and what will not with all the "systems" and all... Most are nice and

seems promising..

Thanks
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