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Are Traders Programmed to Fail?

  • #161
  • Sep 20, 2011 4:04pm Sep 20, 2011 4:04pm
Quoting Favorite
Don't worry about this. In five-six years you will be able to say to them: "Who is laughing now?"
Haha yeah... As a thread starter, i would feel that this thread is a failure.

Hey sailorman, do you have any tips or advice for me? I trade based on price action on key psychological levels of the market.

If you have any tips, please visit my thread and post it there, you are more than welcome.
Have I got something on my face, SOLDIER?
  • #162
  • Sep 20, 2011 4:18pm Sep 20, 2011 4:18pm
Quoting bumapatria
Haha yeah... As a thread starter, i would feel that this thread is a failure.
Oh, come on! You're gonna kick some butts!


Quoting bumapatria
Hey sailorman, do you have any tips or advice for me? I trade based on price action on key psychological levels of the market.

If you have any tips, please visit my thread and post it there, you are more than welcome.
bumapatria, I don't trade pure Price Action, so I don't want to spoil your thread mentioning some indicators. But if you ever decide to give a good indicator-based system a try, there are two excellent threads that have everything a trader needs for success:

Spud's Predictive MTF Stochastics
http://www.forexfactory.com/showthread.php?t=119483

"Trading Made Simple"
http://www.forexfactory.com/showthread.php?t=291622
Gentlemen always play by the rules. If they can't, they change the rules.
  • #163
  • Sep 20, 2011 4:25pm Sep 20, 2011 4:25pm
Quoting Favorite
Oh, come on! You're gonna kick some butts!




bumapatria, I don't trade pure Price Action, so I don't want to spoil your thread mentioning some indicators. But if you ever decide to give a good indicator-based system a try, there are two excellent threads that have everything a trader needs for success:

Spud's Predictive MTF Stochastics
http://www.forexfactory.com/showthread.php?t=119483

"Trading Made Simple"
http://www.forexfactory.com/showthread.php?t=291622
i am currently following rocky's thread

Ure not going to ruin my thread! the title is actually: "14 year old forex trader's lessons. my thread, so please share. no worries.
Have I got something on my face, SOLDIER?
  • #164
  • Sep 20, 2011 4:30pm Sep 20, 2011 4:30pm
Quoting bumapatria
i am currently following rocky's thread

Ure not going to ruin my thread! the title is actually: "14 year old forex trader's lessons. my thread, so please share. no worries.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #165
  • Sep 21, 2011 4:16am Sep 21, 2011 4:16am
Quoting Favorite
doctortyby, I understand that you're being sarcastic, but here's the serious answer: I already refined my system and I trade profitably, so I don't come to ForexFactory to learn something new anymore, I come here to entertain myself, and your thread is the best entertaining thread here!
Bumapatria, be very carefull how you choose your mentors...

Favorite don't you think you should entertain yourself with REAL PEOPLE instead of disrespectful amusing yourself in front of your computer in a virtual reality world...

We are getting sucked into the internet, losing the REAL MEANING AND BEAUTY OF LIFE

This so called arguments are rather boring, and are really a waste of time... for me and the readers of this thread

Doctortyby
  • #166
  • Sep 21, 2011 4:21am Sep 21, 2011 4:21am
Quoting doctortyby
Bumapatria, be very carefull how you choose your mentors...

Favorite don't you think you should entertain yourself with REAL PEOPLE instead of disrespectful amusing yourself in front of your computer in a virtual reality world...

We are getting sucked into the internet, losing the REAL MEANING AND BEAUTY OF LIFE

This so called arguments are rather boring, and are really a waste of time... for me and the readers of this thread

Doctortyby

I have proper mentors: GoldMan, deankenny21, cloggie, and one of the actually 'real' people is my friend. 24 years old, and he has been very profitable in forex. kickass system and discipline he has. well he started at 16

good luck doctor
Have I got something on my face, SOLDIER?
  • #167
  • Sep 21, 2011 9:01am Sep 21, 2011 9:01am
Quoting doctortyby
Bumapatria, be very carefull how you choose your mentors...

Favorite don't you think you should entertain yourself with REAL PEOPLE instead of disrespectful amusing yourself in front of your computer in a virtual reality world...

We are getting sucked into the internet, losing the REAL MEANING AND BEAUTY OF LIFE
doctortyby, as I already said: we don't need Doctors/shrinks here!

That means that bumapatria and I don't need any shrinks!

doctortyby, your English is very bad but I hope you know what "shrink" means, do you?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #168
  • Sep 21, 2011 9:14am Sep 21, 2011 9:14am
Quoting doctortyby
Bumapatria, be very carefull how you choose your mentors...
Doctor, unlike you I don't want to be anybody's mentor.

But unlike you I'm able to give a newbie-trader a good advice. I gave the links to two excellent systems I used myself in order to create my own strategy. hanover explained how he trades and gave a link to a very interesting thread (thank you, hanover). Other traders tried to explain to you how the real life (not theoretical) trading works.

Are you able to give ANY trading advice? Once again I mean a specific advice: a system, an indicator, a Price Action strategy? Anything but vague "freedom talk"? Anything at all? Anything but your laughable "math"?

Quoting doctortyby
if you win, let's say 100% per month, for a 500$ original investment, you will have a 1.600% Profit in 5 months, or 8.000$... Slithly closer to 1 million... in another 5 months you will have 128.000 $... at this time you could try a more conservative risk management and obtain, let's say 20%/ month (and obtain 1.114.000 $ in 12 months), or you can continue with the aggressive money management and obtain 1.024.000 $ (or 800% Profit) in the next 4 months.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #169
  • Sep 21, 2011 9:21am Sep 21, 2011 9:21am
Quoting Favorite
Doctor, unlike you I don't want to be anybody's mentor.

But unlike you I'm able to give a newbie-trader a good advice. I gave the links to two excellent systems I used myself in order to create my own strategy. hanover explained how he trades and gave a link to a very interesting thread (thank you, hanover).

Are you able to give ANY trading advice? Once again I mean a specific advice: a system, an indicator, a Price Action strategy? Anything but vague "freedom talk"? Anything at all?
Awesome you have established that you are better than Doctor congrats

thanks for the recommendation of the two "excellent" systems that you used to make your own strategy that you developed some time between the last 4 months of your membership on FF.
  • #170
  • Sep 21, 2011 9:28am Sep 21, 2011 9:28am
Quoting newyear498
Awesome you have established that you are better than Doctor congrats

thanks for the recommendation of the two "excellent" systems that you used to make your own strategy that you developed some time between the last 4 months of your membership on FF.
Doctor, congratulations! You've got one more active participant! I hope he would say something that you would consider "constructive".
Gentlemen always play by the rules. If they can't, they change the rules.
  • #171
  • Sep 21, 2011 9:36am Sep 21, 2011 9:36am
Quoting newyear498
thanks for the recommendation of the two "excellent" systems
Doctor, I think that newyear498 is a little bit jealous. His thread "Easy Eyes (No Indicators) Simple Day Trading" has been dead for three months, but "Trading Made Simple" is hugely popular.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #172
  • Sep 21, 2011 9:39am Sep 21, 2011 9:39am
Quoting Favorite
Doctor, congratulations! You've got one more active participant! I hope he would say something that you would consider "constructive".
You've put forth a lot of effort since the first page of this thread to see it fail.. if you continue to keep putting forth this much effort to fail are you expecting to succeed as a trader?

Anyways I wish I could talk face to face as my words look like I'm being an asshole probably.. but I am generally interested to know.

My point roughly is your new to the forums yourself.. and considering the way you talk you surly seem to be an unprofitable trader, or one who is currently profitable for only a small period of time (4 months.. thus you came to FF 4 months ago.. adopted a system within that time frame) conclusion is you shouldn't be giving advice period. But I did the same thing when I joined FF.. so I understand where you are...
  • #173
  • Sep 21, 2011 9:41am Sep 21, 2011 9:41am
Quoting newyear498
your own strategy that you developed some time between the last 4 months of your membership on FF.
newyear498, you became FF member 5-6 months earlier than I did, however after becoming a member on November 16, 2010 you started your thread "Easy Eyes (No Indicators) Simple Day Trading" on November 24, 2010. So considering these 8 days I think my 4 months are OK.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #174
  • Sep 21, 2011 9:41am Sep 21, 2011 9:41am
Quoting Favorite
Doctor, I think that newyear498 is a little bit jealous. His thread "Easy Eyes (No Indicators) Simple Day Trading" has been dead for three months, but "Trading Made Simple" is hugely popular.
thus my point exactly.. made that thread during first month of being at FF... shouldn't have been giving advice.. and nether should you...
  • #175
  • Sep 21, 2011 9:46am Sep 21, 2011 9:46am
Quoting newyear498
My point roughly is your new to the forums yourself.. and considering the way you talk you surly seem to be an unprofitable trader, or one who is currently profitable for only a small period of time (4 months.. thus you came to FF 4 months ago.. adopted a system within that time frame) conclusion is you shouldn't be giving advice period. But I did the same thing when I joined FF.. so I understand where you are...
Do you really think that these two systems are my first systems?

And do you really think that people become traders exactly at the time when they join FF? Maybe it's your case, but not mine.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #176
  • Sep 21, 2011 9:49am Sep 21, 2011 9:49am
Quoting newyear498
thus my point exactly.. made that thread during first month of being at FF... shouldn't have been giving advice.. and nether should you...
What are you talking about? I never made my own thread, never will. I gave links to two well established threads that helped hundreds of people.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #177
  • Sep 21, 2011 9:50am Sep 21, 2011 9:50am
i missed a lot overnight i guess..

doctor's missing from his thread.
Have I got something on my face, SOLDIER?
  • #178
  • Sep 21, 2011 9:51am Sep 21, 2011 9:51am
Quoting newyear498
Anyways I wish I could talk face to face as my words look like I'm being an asshole probably.. but I am generally interested to know.
You said this, not I. I don't want to be rude, but it really looks like this.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #179
  • Sep 21, 2011 9:54am Sep 21, 2011 9:54am
Quoting Favorite
Do you really think that these two systems are my first systems?

And do you really think that people become traders exactly at the time when they join FF? Maybe it's your case, but not mine.
that has nothing to do with what I'm saying.. I think your just looking for some cheap ass comeback.. your right though I am so stupid to think that.

the point is you redeveloped a system between the last 4 months.. you claimed it yourself "two excellent systems I used myself in order to create my own strategy."

thus despite your experience before joining FF you created a system which you've been using less that 4 months .. I shouldn't have to explain this to you because you know what you have done.. but you want to be sly and try to look like your shit don't stick.
  • #180
  • Sep 21, 2011 9:56am Sep 21, 2011 9:56am
Quoting bumapatria
i missed a lot overnight i guess..

doctor's missing from his thread.
bumapatria, don't worry about that, we've got a new participant, I'm sure he's able to take over our good Doctor's responsibilities.

But there's a good news: Doctor is here, he's watching us being "Invisible"
Gentlemen always play by the rules. If they can't, they change the rules.
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