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We Are The 1%

  • #81
  • Dec 18, 2011 10:20am Dec 18, 2011 10:20am
as usual....here same as in all ff.com forum, 70% are in 1% winners and less than 30% are in that 99% category )

this is awesome...but it is no surprise

i was reading EU thread for last 3-4 years for fun, and people there convinced me that 99% of ff.com forum members are winners and a small percent...maybe below 1% are...well...not losers but "on the right path"
feels good to be surrounded with millionaires

keep up the good work guys
become billionaires

PS. Sohail is right...and that is no joke
  • #82
  • Dec 18, 2011 10:22am Dec 18, 2011 10:22am
Quoting Schminner
So, are there many of those 1% roaming around FF?
probably far more than most would think..... but they are not going to stand in line while someone counts'em......

//---
//---

would be comfortable saying 50 of the members i have vouched for are in that '1%' group..... which would leave 1 that is not....... have high hopes one day it will be unnamious......

but there's no rush.......h
to trade and code, keep both simple... no call to impress....h
  • #83
  • Dec 18, 2011 11:40am Dec 18, 2011 11:40am
Quoting bradu
as usual....here same as in all ff.com forum, 70% are in 1% winners and less than 30% are in that 99% category )

this is awesome...but it is no surprise

i was reading EU thread for last 3-4 years for fun, and people there convinced me that 99% of ff.com forum members are winners and a small percent...maybe below 1% are...well...not losers but "on the right path"
feels good to be surrounded with millionaires

keep up the good work guys
become billionaires

PS. Sohail is right...and that is no joke


EU thread, i remember going over and reading it, i lasted 1 day before i gave up, now thats where the 99% is.
  • #84
  • Dec 18, 2011 12:46pm Dec 18, 2011 12:46pm
Quoting Sohail786
there is no secret formula, there is no special combination of secret ingredients that will make you profitable, its mostly MM and psychology, a good discplined trader can make money with any system that works.

and thats all you need to know.

i spent 4 years trying to look for that special combination, which doesnt exist. now i am on the right path for the past year.

this thread is trying to discourage and de-rail newbies and leading them to believe that a secret formula exists

what a load of horse shit.
I think that is a gross generalization, I don't see many posts other than mine that lead to this way of thinking. Just shoot me not the whole thread.
Come with me if you want to live....
  • #85
  • Dec 18, 2011 1:08pm Dec 18, 2011 1:08pm
Quoting Ill-b-back
I think that is a gross generalization, I don't see many posts other than mine that lead to this way of thinking. Just shoot me not the whole thread.

sorry bro, or anyone offended, i was not trying to shoot anyone, just that i read many type of these threads that lead me to believe that there is a secret formula and am sure alot of noobs lurking this thread, can mislead.

maybe i got a bit pissed, and went over the top. but i dont believe that only 1% are profitable.

please do carry on with what this thread is trying to achieve.

good day.
  • #86
  • Dec 18, 2011 1:15pm Dec 18, 2011 1:15pm
1st baby arriving today, so leaving FF, I am too obsessed and need to divert my attention elsewhere
Come with me if you want to live....
  • #87
  • Dec 18, 2011 1:22pm Dec 18, 2011 1:22pm
Quoting Sohail786
sorry bro, or anyone offended, i was not trying to shoot anyone, just that i read many type of these threads that lead me to believe that there is a secret formula and am sure alot of noobs lurking this thread, can mislead.

maybe i got a bit pissed, and went over the top. but i dont believe that only 1% are profitable.

please do carry on with what this thread is trying to achieve.

good day.
A simple system like sniper forex makes over 20 percent/month. I have this system and can verify its results as do many others on FPA. It never really sat well with me though as I had to stay up all night to trade here in Australia (not good when I have a business to run). I dropped it for this and 1 other reason which I cannot share.
Come with me if you want to live....
  • #88
  • Dec 18, 2011 1:27pm Dec 18, 2011 1:27pm
Quoting Ill-b-back
A simple system like sniper forex makes over 20 percent/month. I have this system and can verify its results as do many others on FPA. It never really sat well with me though as I had to stay up all night to trade here in Australia (not good when I have a business to run). I dropped it for this and 1 other reason which I cannot share.
Actually, got married as well, so that's 3 reasons.
Come with me if you want to live....
  • #89
  • Dec 18, 2011 2:16pm Dec 18, 2011 2:16pm
Quoting Sohail786

i spent 4 years trying to look for that special combination, which doesnt exist. now i am on the right path for the past year.

I was in the same boat first getting rid of indicators and then rely solely on MAs and different Fib levels on the daily using traditional candlesticks. I wasted so much time but it's part of the 10,000+ hours you have to go through. Still there wasn't any special combination that offered low risk, high probability entries.

Now, using Market Profile especially composite MP at S/R, things are getting clear. Still not in the 1%/5% though but getting close. It's all about strategy and how to exit. Psychology helps in execution but it's a given that every successful trader has high discipine to overcome his/her current life circumstances which everyone of us in the 99%.
  • #90
  • Dec 18, 2011 2:18pm Dec 18, 2011 2:18pm
Quoting Datu
I was in the same boat first getting rid of indicators and then rely solely on MAs and different Fib levels on the daily using traditional candlesticks. I wasted so much time but it's part of the 10,000+ hours you have to go through. Still there wasn't any special combination that offered low risk, high probability entries.

Now, using Market Profile especially composite MP at S/R, things are getting clear. Still not in the 1%/5% though but getting close. It's all about strategy and how to exit. Psychology helps in execution but it's a given...
what is market profile ?
google gets me in various shitty sites
  • #91
  • Dec 18, 2011 4:05pm Dec 18, 2011 4:05pm
Quoting bradu
what is market profile ?
google gets me in various shitty sites
MP is a visual chart that represents the compression of 30 minute bars and creates a profile of the day's PA. You can see where value occurred for that bar.

There are archived webinars here on MP to get ya started. Also, there's a thread on Auction Market Theory here on FF, don't have the link offhand. These will provide some background but ultimately you have to create your own strategy and make it yours.
  • #92
  • Dec 23, 2011 2:43am Dec 23, 2011 2:43am
  • #93
  • Jan 5, 2012 1:01am Jan 5, 2012 1:01am
they say you can build a system around your losing system
  • #94
  • Jan 5, 2012 1:02am Jan 5, 2012 1:02am
Quoting Ill-b-back
I have long suspected that Forex is totally rigged. I find it fascinating that bullish/bearish rumours come out at technically important levels, even absurd bits of news that would make you laugh if a friend told you about it. We are expected to believe these VIPS are stupid. I am curious if market forecasters are privy to this evil deception. I feel news, rumours etc are designed to distract investors from reading ( and more importantly trusting) the technical language of their charts. Once it is figured out, the profits are endless.
all market can be rig.
  • #95
  • May 24, 2012 3:19am May 24, 2012 3:19am
get them
  • #96
  • May 24, 2012 4:40am May 24, 2012 4:40am
Quoting PoundTrader
we all know 99% of forex traders fail, how would you feel if the 99% ask you to share your system so they can join the 1%?
the system wont make us being into the 1% group.
  • #97
  • May 24, 2012 7:40am May 24, 2012 7:40am
If you were one of those 1% youd be rich enough not to give a flying *u*k about FF.com and enjoy your life:surfing traveling and other extreme stuff that one could only imagine,instead you sit starring blankly into your screen and posting same rubbish as forexfactory news from twitter hope this makes sense.
  • #98
  • May 24, 2012 10:23am May 24, 2012 10:23am
hello all,

who said that only 1% trader making money and 99% lossing money???

Anyone can prove it TRUE?

Thank you
  • #99
  • May 24, 2012 10:37am May 24, 2012 10:37am
Quoting geosanuy
Figures recently released by two large brokers, Oanda and GFT show over 30 % of their traders were profitable in the previous quarter.
This is a myth that keeps spreading as even marginally profitable traders like to feel they are members of some especial elite.
Being profitable in the last quarter means nothing. 29% of that 30% could be in positive for that quarter and then in massive loss for the rest of the year. Right now I am in profit if you just take one day's results. For the week I am in loss. Go figure.
  • #100
  • May 24, 2012 11:13am May 24, 2012 11:13am
Quoting Roofx
Being profitable in the last quarter means nothing. 29% of that 30% could be in positive for that quarter and then in massive loss for the rest of the year. Right now I am in profit if you just take one day's results. For the week I am in loss. Go figure.
i like to see year end results from all active trading account, im pretty sure that 30% will drop.
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