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Stop fooling yourself; There is no system

  • #361
  • Edited 11:04am Sep 27, 2010 10:34am | Edited 11:04am
Quoting Patience
Oh, I don't call him anything. Just do that L sign with my fingers on my forehead Gambler, alcoholic, businessman ..... not sure what he sees himself as. Anyway, I'm off to see SwissRaj. He's helping me out with the subtleties


The most successful man I know (by your definition) is a gambler so I don't know where the insinuation towards me thinking gamblers are losers or whatever comes from.

Anyway no hard feelings... I told you before, we will never agree on this, no point trying.
Time hides Nothing
  • #362
  • Sep 27, 2010 10:43am Sep 27, 2010 10:43am
Ah ha ha ha - you are sensitive. It's a joke man. Lighten up. I haven't taken anything as a personal insult. Oh, maybe SwissRaj suggesting that I was dumb was a bit insulting but I know that I'm not the brightest bulb in the room. I couldn't care less whether you think trading is gambling or not. I'm not trying to convince you of anything. I'm not the one that has a hang-up about the word
.
Nothing worth having is easy.
  • #363
  • Sep 27, 2010 10:48am Sep 27, 2010 10:48am
This reminds me of a conversation I had with my wife last year. A couple we know, my wife's friends, were getting an appointment to see a marriage counselor. I asked my wife why (I didn't really care, but seeing as she brought up the subject I had to appear slightly interested).

It seems the wife, who had a 10 year old boy by her first husband, wanted to have another child with her new husband. The new husband had two children from his first marriage and had no desire to have any more. My wife stated that the wife thought the marriage counselor could help them come to a compromise (her word, not mine) on the issue. I shook my head in amazement and politely extricated myself from the conversation.
  • #364
  • Sep 27, 2010 11:02am Sep 27, 2010 11:02am
Quoting Patience
I'm not the one that has a hang-up about the word
.
True

No not sensitive, I couldn't care less, was just worried I had offended you somehow but glad to hear I didnt. I thought your last post was serious! silly me.

EDIT: haha ok its funny reading my reply back, now knowing it was a joke haha. oops
Time hides Nothing
  • #365
  • Sep 27, 2010 11:16am Sep 27, 2010 11:16am
Ok that was fun... Now Im bored

Anyone know any good songs?
Time hides Nothing
  • #366
  • Sep 27, 2010 11:18am Sep 27, 2010 11:18am
Quoting Dopey
I asked my wife why (I didn't really care, but seeing as she brought up the subject I had to appear slightly interested).
.
lol
Time hides Nothing
  • #367
  • Sep 27, 2010 11:20am Sep 27, 2010 11:20am
It's funny when losers lose and blame the whole forex market for it. It tells right away you probably didn't use a proper money management and you're not psychologically prepared for trading. Blaming the others/the market for your losses is a very basic way of avoiding admiting to yourself that you're not good enough. Not recognizing that is just being dumb, I don't need to read any psycho-babble stuff to identify these basic errors....
  • #368
  • Sep 27, 2010 11:20am Sep 27, 2010 11:20am
Yeah, thinking about the G's for tomorrow.

And in the wise words of Mr. Brownstone, don't worry, it's just a waste of your time

Inserted Video


Inserted Video



Quoting CindyXXXX
Ok that was fun... Now Im bored

Anyone know any good songs?
forget about tomorrow, just steal away into the night
  • #369
  • Sep 27, 2010 11:38am Sep 27, 2010 11:38am
Quoting spekitox
Yeah, thinking about the G's for tomorrow.

And in the wise words of Mr. Brownstone, don't worry, it's just a waste of your time

http://www.youtube.com/watch?v=vM2KI0Fs-fI

http://www.youtube.com/watch?v=KVYDnQwi3OQ
Nice many G's

Gravedigaz
Grinspoon
Green Day
Gorrilaz
Garbage
Grandmaster Flash
Ghost face Killah
The Greats
Gotye


and.... *drum roll

Yup... Gretchen Wilson

Inserted Video
Time hides Nothing
  • #370
  • Sep 27, 2010 11:46am Sep 27, 2010 11:46am
Yeah, all fine. Gretchen Wilson? Looks like a SILH. A singer I'd like to hear.

Quoting CindyXXXX
Nice many G's

Gravedigaz
Grinspoon
Green Day
Gorrilaz
Garbage
Grandmaster Flash
Ghost face Killah
The Greats
Gotye


and.... *drum roll

Yup... Gretchen Wilson

http://www.youtube.com/watch?v=Wvbl5...eature=related
forget about tomorrow, just steal away into the night
  • #371
  • Sep 27, 2010 11:47am Sep 27, 2010 11:47am
what about the gza? and don't forget gwar...
  • #372
  • Edited 1:47am Sep 28, 2010 12:53am | Edited 1:47am
Quoting fxhot
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..
People lose because they see trading as gambling. And they continue that way until they realize trading is not a game. That's when they also realize vegas is more fun than trading and go lose their money elsewhere.

Losers see forex as a gambling way as losers don't understand that it is a professional market, where professionals, banks, funds, and many other actors are moving trillions of dollars every day.

Calling Forex a way of gambling people show how little they know about the financial industry that is behind foreign exchange.

I trade as a professional and I never gambled in my entire life, not once. I studied for years to do what I do and I can tell you that what I apply every day is not some vegas-type game.

Believe me, there is at least one system that works, it works consistently and it allows me to profit every single trading day.

Kind regards
Alessandro Lualdi
Fuck Forex Factory
  • #373
  • Sep 28, 2010 12:55am Sep 28, 2010 12:55am
Quoting alelualdi
People lose because they see trading as gambling. And they continue that way until they realize trading is not a game. That's when they realize vegas is more funny than trading and go lose their money elsewhere.

Losers see forex as a gambling way as losers don't understand that it is a professional market, where professionals, banks, funds, and many other actors are moving trillions of dollars every day.

Calling Forex a way of gambling you show how little you know about the financial industry that is behind foreign exchange.

I trade as...
You sure about that? The best traders I know say, when a decision is made to trade, risk your money, make your bed, and lay in it. They class it as nothing more than gambling with odds in your favour. Nothing more nothing less.
  • #374
  • Sep 28, 2010 1:36am Sep 28, 2010 1:36am
Thus spake the super guru.

Quoting alelualdi
People lose because they see trading as gambling. And they continue that way until they realize trading is not a game. That's when they also realize vegas is more funny than trading and go lose their money elsewhere.

Losers see forex as a gambling way as losers don't understand that it is a professional market, where professionals, banks, funds, and many other actors are moving trillions of dollars every day.

Calling Forex a way of gambling people show how little you know about the financial industry that is behind foreign exchange.

I trade...
forget about tomorrow, just steal away into the night
  • #375
  • Sep 28, 2010 2:03am Sep 28, 2010 2:03am
The good gamblers/traders will also talk about tactical withdrawals . You need to pay bills, and guess what, black swan events happen (whether it's the market going insane or you), so you want to have a war chest as well. So forget about compounding into infinity.

Every time I hear about the mythical compounding perfect trading in infinity I know I am reading something written by someone who is....

A) Struggling to do the practically impossible.
B) Has never made a profitable withdraw more than once with the same account
C) Has no concept about what trading for a living entails.

Ok, even if you are doing well, you need money to live, more wants more, you make more money, you spend more money. You think Warren Buffet has been eating big macs and sleeping in a box for the last 30 years for the sake of compounding into infinity.
  • #376
  • Sep 28, 2010 3:29am Sep 28, 2010 3:29am
forex is a game, that can only be won by sticking to a trading plan.
  • #377
  • Sep 28, 2010 3:34am Sep 28, 2010 3:34am
Quoting Sim
You sure about that? The best traders I know say, when a decision is made to trade, risk your money, make your bed, and lay in it. They class it as nothing more than gambling with odds in your favour. Nothing more nothing less.
the best traders I know of don't gamble with odds. not saying gambling with odds in your favor can't work of course.
  • #378
  • Sep 28, 2010 3:42am Sep 28, 2010 3:42am
Quoting Monroe
the best traders I know of don't gamble with odds. not saying gambling with odds in your favor can't work of course.
i don't get it, do they only arb or something?

like, you must think when you see a set up, this is a high probability setup?
  • #379
  • Sep 28, 2010 3:47am Sep 28, 2010 3:47am
lol i don't know sim... they aren't looking at setups, what's a HP setup?
  • #380
  • Sep 28, 2010 3:50am Sep 28, 2010 3:50am
Quoting Monroe
lol i don't know sim... they aren't looking at setups, what's a HP setup?
that's what i'm trying to say...if you or them enter randomly, it's gambling. the current market, right now for you or them to enter, would be lower odds than if they waited for their own setup....... only difference here is that they may perceive it differently but the fact remains they are waiting for an opportunity out of an environment where they can qualify it better than another opportunity.
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