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  • #557,781
  • Nov 3, 2011 9:09am Nov 3, 2011 9:09am
Quoting cloggie
You have absolutely no clue what the feck you are talking about.

woow bravo thts a result always respect trders like you dont get many on here your right it takes years to get where you are today in terms of trading 1000's hrs invested in studing charts trials and errors and decipline and mind set not easy ,and if I had tht leading edge I wud not share it on here too but wud give out hints like you do to point ppl interested in right direction ,hoping to become good with my skills one day too
  • #557,782
  • Nov 3, 2011 9:10am Nov 3, 2011 9:10am
Quoting fxjawn
never said they rely on it but they use the volatility to benefit them

exactly what u said there no matter the environment... like today a very volitile day

i just said these days make their month simply bc the market moves alot...i did not say they only trade on days like today.. the other days of the month are not important bc its assumed you are making money those days..

just bc u cant make money in a volitile market does not mean those of us who can and gambling...

i never said his trading style was dependent on interventions..

nevermind...
No, I took what you said at face value. Trust me, 'pro' traders dont care about 50 to 100 pip choppy action. They look for long term trends.

I know several successful retail investors with 6 figure trading capital. They do not trade every day and only look for the most optimal trades. Even if it is only 1 or 2 trades a month or every 2 months. They find a trend and bank a lot of money. They arent sitting at their computer waiting for price spikes.
  • #557,783
  • Nov 3, 2011 9:12am Nov 3, 2011 9:12am
Quoting cloggie
Wat too many idiot kids spouting bullsh!t that have only been a member for a few days.

Fawlty, you one of those pletoria of scammers that I have outed over the last few years coming back to post garbage again.
why are u back here?

i thought u and some more guys already left this thread.
Trade responsiblypatience is the key/Swing trader
  • #557,784
  • Nov 3, 2011 9:13am Nov 3, 2011 9:13am
LOL, why do you give this guy so much attention!
Every trader has his style, do what you want as long as you are making money! If you have an opportunity to make money do it whatever the market or environment is!
Price = the amount a greater fool is willing to pay!
  • #557,785
  • Nov 3, 2011 9:13am Nov 3, 2011 9:13am
Quoting Fawlty

I know several successful retail investors with 6 figure trading capital. They do not trade every day and only look for the most optimal trades. Even if it is only 1 or 2 trades a month or every 2 months. .

Yup and that's why 3 Trn a day changes hands, pro traders only trade once every 2 monhts.

Kid, tell your mum to put you back on your meds.
  • #557,786
  • Nov 3, 2011 9:16am Nov 3, 2011 9:16am
Quoting Pipwanderer

The kid's a retard, he's got no clue.
  • #557,787
  • Nov 3, 2011 9:17am Nov 3, 2011 9:17am
Quoting Fawlty
No, I took what you said at face value. Trust me, 'pro' traders dont care about 50 to 100 pip choppy action. They look for long term trends.

I know several successful retail investors with 6 figure trading capital. They do not trade every day and only look for the most optimal trades. Even if it is only 1 or 2 trades a month or every 2 months. They find a trend and bank a lot of money. They arent sitting at their computer waiting for price spikes.
i agree im just saying days like today can be very bankable days... took aussie long at 1.0210 for 165 pips and closed it pre news this am and then faded the spike after the release this am...

all im saying is these days are by no means random and can be very profitable
  • #557,788
  • Nov 3, 2011 9:17am Nov 3, 2011 9:17am
Quoting Fawlty
No, I took what you said at face value. Trust me, 'pro' traders dont care about 50 to 100 pip choppy action. They look for long term trends.

I know several successful retail investors with 6 figure trading capital. They do not trade every day and only look for the most optimal trades. Even if it is only 1 or 2 trades a month or every 2 months. They find a trend and bank a lot of money. They arent sitting at their computer waiting for price spikes.
I hate to point out the obvious but those same retail investors dont lurk around in forums either. This is a public forum and most are day traders with a few exceptions.

By the way, if I had friends like that, I wouldnt be in a forum either during "spiky" hours. I wonder what you are doing here on a horrible day like today? Dont you have to go golfing with your 6 figure buddies?
In other news: A ranger was trapped between a bull and a bear
  • #557,789
  • Nov 3, 2011 9:18am Nov 3, 2011 9:18am
Quoting Fawlty
You are wrong on both assumptions. If a 'pro' trader has to rely on news driven movement in a market (i.e. a spike in a price) to earn a living for the month..he is not 'pro' but simply a gambler.

A 'pro' trader is one who year after year after year can consistently make a profit no matter the environment. His trading style is not dependent on interventions or price spikes caused by a talking head.

Good grief...

There is love! (favorite saying of doug jones)
  • #557,790
  • Nov 3, 2011 9:20am Nov 3, 2011 9:20am
Quoting screwup
actually very simple life, including death even though you how strong room tanks. angel of death can sign as well.

trades do not make it so difficult, just look at 5m, 30m, 1h, 4h, daily and news. have been able to profit close.

do not have to think the current state of what is happening.

I missed something ....
actually use this is part of the strategy (follow someone at one time) will increase the loss of those who will be angry and will add them to become more and more entry, when entry candle more ......... ....I think the person is no longer utilized of all things
  • #557,791
  • Nov 3, 2011 9:22am Nov 3, 2011 9:22am
Quoting cloggie
Yup and that's why 3 Trn a day changes hands, pro traders only trade once every 2 monhts.

Kid, tell your mum to put you back on your meds.

You think that 3 trillion is speculation? Do you realize the majority of currency transactions are between banks to facilitate business? They dont care what the price is...a business transaction necessitates a currency exchange.

And yes, the individuals I know look for an optimal trade setup and will bank upwards of 150k. Find 20 or 25 of those a year with maybe 5 or 6 not working out and that is how you really make money. Their lives are not spent glued to the screen but off enjoying life.

You dont even understand the currency market you claim to trade in.
  • #557,792
  • Nov 3, 2011 9:23am Nov 3, 2011 9:23am
Quoting Fawlty
No, I took what you said at face value. Trust me, 'pro' traders dont care about 50 to 100 pip choppy action. They look for long term trends.

I know several successful retail investors with 6 figure trading capital. They do not trade every day and only look for the most optimal trades. Even if it is only 1 or 2 trades a month or every 2 months. They find a trend and bank a lot of money. They arent sitting at their computer waiting for price spikes.
Everybody has is own style. I think your view about this business is very tight.
  • #557,793
  • Nov 3, 2011 9:24am Nov 3, 2011 9:24am
Quoting fxjawn
i agree im just saying days like today can be very bankable days... took aussie long at 1.0210 for 165 pips and closed it pre news this am and then faded the spike after the release this am...

all im saying is these days are by no means random and can be very profitable
That guy really is "fawlty" lol... he is implying that he and his "pro" trader buddies make 1000s of pips with 1 or 2 traders a month, and yet he chooses to spend time in front of the computer on a "juvenile" day like today. And he forgets that most traders here do not have 6 figure capital to trade, hence day trading.
In other news: A ranger was trapped between a bull and a bear
  • #557,794
  • Nov 3, 2011 9:25am Nov 3, 2011 9:25am
Quoting Fawlty
You think that 3 trillion is speculation? Do you realize the majority of currency transactions are between banks to facilitate business? They dont care what the price is...a business transaction necessitates a currency exchange.

And yes, the individuals I know look for an optimal trade setup and will bank upwards of 150k. Find 20 or 25 of those a year with maybe 5 or 6 not working out and that is how you really make money. Their lives are not spent glued to the screen but off enjoying life.

You dont even understand the currency market...

Whatever kid, I am not wasting my time on idiots like you.

Enjoy the thread, I got better things to do with my time then hang around retards.
  • #557,795
  • Nov 3, 2011 9:25am Nov 3, 2011 9:25am
Quoting Fawlty
Are you talking about banks, hedge funds, successful private investors? Each trader will have their own strategy or set of requirements depending on the nature of their environment. None of them rely on price spikes or very short term chop for their strategy.... which is my point.
then who is trading those spike definitely not retail money
  • #557,796
  • Nov 3, 2011 9:26am Nov 3, 2011 9:26am
Quoting Fawlty
You think that 3 trillion is speculation? Do you realize the majority of currency transactions are between banks to facilitate business? They dont care what the price is...a business transaction necessitates a currency exchange.

And yes, the individuals I know look for an optimal trade setup and will bank upwards of 150k. Find 20 or 25 of those a year with maybe 5 or 6 not working out and that is how you really make money. Their lives are not spent glued to the screen but off enjoying life.

[b]You dont even understand the currency market...

Nope - you are definitely wrong there. Read some of his older posts, particularly the FA ones.
  • #557,797
  • Nov 3, 2011 9:28am Nov 3, 2011 9:28am
I think this is how cloggie trades...... straight from the horses mouth!

http://www.forexfactory.com/showthre...31#post3608031
  • #557,798
  • Nov 3, 2011 9:29am Nov 3, 2011 9:29am
Quoting digiff
I hate to point out the obvious but those same retail investors dont lurk around in forums either. This is a public forum and most are day traders with a few exceptions.

By the way, if I had friends like that, I wouldnt be in a forum either during "spiky" hours. I wonder what you are doing here on a horrible day like today? Dont you have to go golfing with your 6 figure buddies?
I said I know a few ...I didnt say I am great friends with them. I do not have that sort of capital to do what they do. I work at a great job I enjoy doing and I do trade as well.
  • #557,799
  • Nov 3, 2011 9:30am Nov 3, 2011 9:30am
Quoting screwup
I missed something ....
actually use this is part of the strategy (follow someone at one time) will increase the loss of those who will be angry and will add them to become more and more entry, when entry candle more ......... ....I think the person is no longer utilized of all things

I do not matter, every day make a profit with different brokers. economic collapse or rise to matter what, the most important get profit.
  • #557,800
  • Nov 3, 2011 9:34am Nov 3, 2011 9:34am
Quoting digiff
That guy really is "fawlty" lol... he is implying that he and his "pro" trader buddies make 1000s of pips with 1 or 2 traders a month, and yet he chooses to spend time in front of the computer on a "juvenile" day like today. And he forgets that most traders here do not have 6 figure capital to trade, hence day trading.
i hear ya bro gl to ya im tired im done till london
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