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Stop fooling yourself; There is no system

  • #301
  • Sep 27, 2010 12:51am Sep 27, 2010 12:51am
Quoting tm363876
lol my mistake bollinger bands
hehe.. hey... whatever works!!

just a serious comment on this thread.. There are system that work and there's the Holy Grail. It's only a matter of being positive and continue researching. I found it after 10 years of trading.

Good trades to all
Fuck Forex Factory
  • #302
  • Sep 27, 2010 2:34am Sep 27, 2010 2:34am
Learning, memorizing, revising patterns and trades and making notes might help you.

It calls for 500 + hours of training.
  • #303
  • Sep 27, 2010 3:14am Sep 27, 2010 3:14am
You encourage me guys as I am still looking for the Holy Grale ... and that after 10 years of trading

To be sure there is not the one and only system, but there are existing various systems that are applicable for special market stadiums. What you can do as trader is .... trying to influence the probabilities to your favour!

Do you agree?
  • #304
  • Sep 27, 2010 3:21am Sep 27, 2010 3:21am
What you can do as trader is .... spot the high probability trades and execute them.
  • #305
  • Sep 27, 2010 4:17am Sep 27, 2010 4:17am
Forex trading is gambling, don't deny it, that is why so many people losing money. And they will continue that way until they finally realize that it is gambling.

Gambling has many types, sport gambling, slot machines, card games, etc. and each types has its own characteristic. And.. forex trading is just another type.

So Vlad is right, stop fooling yourself, there is no system for forex trading, stop looking for it, instead, built your own method on how to gamble in forex trading.

Have a nice day guys..
You can't make the market move, but you surely can follow the move!!!
  • #306
  • Sep 27, 2010 4:38am Sep 27, 2010 4:38am
yes yes.. there is .. I can tell that there is a Holly Grail..
if you still think the market is random.. you won't find the holly grail....

market works on intent and objectives.......
they buy,,,, thats intent...
they sell.. that's objective


the sell short.. thats intent..
they close, cover to buy.. that's objective...
start searching for cycles.......... and supply and demand.. you will then see structure and certainly find the holly grail.......
  • #307
  • Sep 27, 2010 4:54am Sep 27, 2010 4:54am
Hahaha. Never say never. What's wrong with gambling anyway? You put on your bets, and you wait for the outcome. Depending on the size of your bet, it can be a funny, exciting or a fearful experience. Just a game of nerves anyway.

Quoting CindyXXXX
Sorry to hear you suck at trading- with that attitude it will never change either.. Shame
forget about tomorrow, just steal away into the night
  • #308
  • Sep 27, 2010 5:03am Sep 27, 2010 5:03am
Quoting spekitox
Hahaha. Never say never. What's wrong with gambling anyway? You put on your bets, and you wait for the outcome. Depending on the size of your bet, it can be a funny, exciting or a fearful experience. Just a game of nerves anyway.
Ok... Gambling to me is going to a casino where in any game you play the house has a small edge that means long term you have no chance...

Trading properly to me is making yourself the house and joining the 5% that do this and so id not gambling but taking advantage of opportunities

I will never submit that trading is gambling because by the risk assosiated you could cay crossing the road is a gamble.

To many yes they are gamling, but life is what you make it and despite the invite I'm not going to that party.

I refuse to rest on money management to provide my edge and won't stop learing until I have sufficient information to do so, and will never stop learning

Others are happy to be ignorrant to whats really going on and so yes - they gamble, but only becasue THEY CHOOSE TO DO SO. If they're happy with that then fine, who am I to judge? and I don't

But what shits me is when a gambler comes and says that trading is GAMBLING

TRADING TO THEM MIGHT BE GAMBLING BUT THAT DOESNT MEAN THEY HAVE TO PAINT EVERYONE ELSE WITH THE SAME BRUSH.

What they should say is "hey trading to me is gambling... I gamble".

Lifes what you make it - settle for what you want. Just don't be quick to comfort yourself with the knowledge many others want the same as you or are in the same boat... Because in the end they will be the ones taking your money and causing you to say things like "the market is a gamble".

Now go and do what you want
Time hides Nothing
  • #309
  • Sep 27, 2010 5:07am Sep 27, 2010 5:07am
technically even taking 99% odds every time is gambling
  • #310
  • Sep 27, 2010 5:10am Sep 27, 2010 5:10am
Quoting Sim
technically even taking 99% odds every time is gambling
Ok what about taking 99% odds 100 times? is that a gamble?
Time hides Nothing
  • #311
  • Sep 27, 2010 5:14am Sep 27, 2010 5:14am
technically yes?
  • #312
  • Sep 27, 2010 5:14am Sep 27, 2010 5:14am
Quote
Forex trading is gambling, don't deny it, that is why so many people losing money. And they will continue that way until they finally realize that it is gambling.

It is a scientific gambling focussed on psychological behavior not random gambling like casino.

People who are participating in the market will do same thing over and over again- This is called rat brain trading which is our old/primitive brain.


It needs 500 + hours of learning to understand the psychology of the markets.
  • #313
  • Sep 27, 2010 5:18am Sep 27, 2010 5:18am
Quoting kingfisher
It is a scientific gambling focussed on psychological behavior not random gambling like casino.
Like functional gambling. Like a pro poker player. He knows the ins and outs of the odds available, and judges so his edge is always in play. Exactly same as FX, sports betting, real estate, venture capitalism, professional fraudsters and criminals, etc etc
  • #314
  • Sep 27, 2010 5:19am Sep 27, 2010 5:19am
Quoting Sim
technically yes?
lol ok i give up - I guess im just not a big fan of the word gambler. It implies no control over an outcome when a trader has ultimate control of an outcome

You dont want to lose - Then dont trade, that simple. You're not a gambler until you make an uninformed decision.
Time hides Nothing
  • #315
  • Sep 27, 2010 5:20am Sep 27, 2010 5:20am
Quoting CindyXXXX
lol ok i give up
never back down

Inserted Video
  • #316
  • Sep 27, 2010 5:21am Sep 27, 2010 5:21am
I very much appreciate your time and effort to explain your thoughts. I like you CindyXXXX bud, you know that. And we both know opinions might differ, no worries.

Here's what the dictionary says about gambling. I'm not citing it because I know so well, but because I wasn't sure of the meaning myself.

a : to play a game for money or property
b : to bet on an uncertain outcome

..and that's what I'm doing. Playing a little game with real money. And I'm betting on uncertain outcomes.

Don't you have some of those childhood "SwissRajs" attached to the word "gambling"? Gambler, a bad man who loses all his money on roulette. Gambler, someone who spends more time with the one armed bandit than his family.

Alright, just joking of course. Don't really matter what we call it as long as it's a positive sum game.

Quoting CindyXXXX
Ok... Gambling to me is going to a casino where in any game you play the house has a small edge that means long term you have no chance...

Trading properly to me is making yourself the house and joining the 5% that do this and so id not gambling but taking advantage of opportunities

I will never submit that trading is gambling because by the risk assosiated you could cay crossing the road is a gamble.

To many yes they are gamling, but life is what you make it and despite the invite I'm not going to that party.

I refuse to rest on money management...
forget about tomorrow, just steal away into the night
  • #317
  • Sep 27, 2010 5:25am Sep 27, 2010 5:25am
Quoting Sim
never back down

http://www.youtube.com/watch?v=m5dva...eature=related
lol what was that!... Intense
Time hides Nothing
  • #318
  • Sep 27, 2010 5:26am Sep 27, 2010 5:26am
Quoting spekitox
I very much appreciate your time and effort to explain your thoughts. I like you CindyXXXX bud, you know that. And we both know opinions might differ, no worries.

Here's what the dictionary says about gambling. I'm not citing it because I know so well, but because I wasn't sure of the meaning myself.

a : to play a game for money or property
b : to bet on an uncertain outcome

..and that's what I'm doing. Playing a little game with real money. And...

Hey Spekitox sorry m8 shoulda been a bit more diligent there I replied to your post but was more aimed at the previous poster! Sorry came accross the wrong way most likely. I have learnt something today!

Im very sensative to the word "gamble!"
Time hides Nothing
  • #319
  • Sep 27, 2010 5:27am Sep 27, 2010 5:27am
Quoting CindyXXXX
lol what was that!... Intense
haha yeah, decent,, ish, film
  • #320
  • Sep 27, 2010 5:31am Sep 27, 2010 5:31am
Oh no probs, I am too, too sensitive to some words, hahaha

Quoting CindyXXXX
Hey Spekitox sorry m8 shoulda been a bit more diligent there I replied to your post but was more aimed at the previous poster! Sorry came accross the wrong way most likely. I have learnt something today!

Im very sensative to the word "gamble!"
forget about tomorrow, just steal away into the night
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