forget about tomorrow, just steal away into the night
Do you guys trade better when you are drunk? 22 replies
The US Session just sucks... 8 replies
GCI sucks 10 replies
DislikedMr Donald Trump filed for bankruptcy twice. Just saying..Ignored
Do you have any prove that hedge fund manager dont trade forex?
We should understand what is the nature business of hedge fund manager. What is their really money making side, They make money based on fixed fee charged on the client. They play safe, they dont fight to gain max. Averagely they formal gain is 10 to 30% per year (if they making money).
If you make money 10 % per year by Como or future and you are happy yet, its ok. BTW, if you can make 100 or 200% per year, you want it???
Making 10% Per year in forex is easy. Even very...Ignored
DislikedThere are many hedge fund managers out there, most suck at trading and their funds are closed.
Look at the big dogs, Steve Cohen, Paulson, soros, Arnold. These guys don't mess around with FX -- they know it sucks and there's no value to it. Yeah there's tons of leverage but they don't need leverage. Look at their prospectuses and how their funds are broken down ---no FX
Show me your statements from your trading account where you consistently make 100% returns in FX year in and year out, you don't. The FX markets suck.Ignored
DislikedI just share my opinions and experiences.
If you think fx suck, yes you are right: you are suck in fx.
DislikedI respect your opinion. I'm just saying there's no money in it. If there were the really smart people on Wall street. The guys that really no what they are doing would be in FX markets.
Again get their prospectus, see how their funds are organized and broken down, there's no forex.
Look at your FX account statement for the entire time you've traded forex, is it up or down over the entire period. If it's down, why would you waste your timeIgnored
DislikedShow me your statements from your trading account where you consistently make 100% returns in FX year in and year out, you don't. The FX markets suck.Ignored
Disliked...I'm just seeing what others thought.Ignored
DislikedYou make money in finance through consistent compounding interest. If you had given Soros $1000 when he started his fund you would have 4 million dollars by 2000.
To make a 30% return year in and year for 30 years is unbelievable. Nobody expect George Soros can do it.
It's like throwing a 95 mph fastball with accuracy there's maybe 20 guys that can do it and they are making millions.
Anyone on this site that says they consistently make 30% returns year in and year out is full of shit.
And anyone on this site that claims they are making...Ignored
DislikedI see this type of statement so often. Stop building barriers for yourself that don't exist. Yeah, 30% a year is a great return for a billion dollar fund that needs to build huge positions in the markets that they are targeting, but for the average full time trader 30% a year is hardly worth the trouble. If you trade short term, 100% a year is easily doable with very acceptable risk. You say you make 20% a year or whatever trading your strategy, for most people in forex this would not even be close to happy with this, just not worth the effort....Ignored
DislikedYou've got to be kidding me A 30% return is excellent for any amount of money
$100,000 investment compounded at 200% in 5 years turns into $24 million dollars. http://www.moneychimp.com/calculator...calculator.htm
I'll give you my money and beg you to trade it for me, if you can do these returns through forex. Please let me see your track record. You should be a million rightIgnored
DislikedLook at the big dogs, Steve Cohen, Paulson, Soros, Arnold. These guys don't mess around with FX -- they know it sucks and there's no value to it. Yeah there's tons of leverage but they don't need leverage.Ignored
DislikedTo make a 30% return year in and year for 30 years is unbelievable. Nobody expect George Soros can do it.
Anyone on this site that says they consistently make 30% returns year in and year out is full of shit.Ignored
DislikedIt doesn't quite work like that, not only will a large portion of that be taxable at the end of each year, but also it is not as easy to turn 18-> 24 mil (+30%) in a year as it is turn 100K->130K (+30%) in a year.Ignored
DislikedWhats the big deal about George Soros? Do you live your life by the principals that limit you to what GS can do. He will be dead someday!
30% a year?
"Personally" I rather go find a job than bother with FX for that!!!
I know...next you are going ask me for account statements and all. ohhh your so fulla shit.