95% trades posted on Forex Factory are winners. What happens? | Page 2 | Forex Factory

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95% trades posted on Forex Factory are winners. What happens?

  • #21
  • Edited Feb 8, 2013 12:01am Feb 7, 2013 6:33pm | Edited Feb 8, 2013 12:01am
Quoting kk007
I have tried hard to understand what you have said, but failed
Thanks for your input anyway.
IMO a bad trade is one where the trader fails to execute his plan, regardless of the outcome. If the plan incorporates an edge, then the P/L of individual trades is irrelevant, and has no bearing on whether each trade was "good" or "bad". Perhaps that's what Porkpie meant? I don't know.

As to the OP's question, I assume the answer is as simple as it's ego that prevents folk from posting losing trades. Hence they simply cherry-pick the trades that they post.
  • #22
  • Feb 7, 2013 6:57pm Feb 7, 2013 6:57pm
Quoting Porkpie
You are asking the wrong question. With such a question you are part of the problem. The question should be: "When am I going to see a trader on FF post a bad trade that was profitable".
When am I going to see a trader on FF post a bad trade that was profitable".[/quote]
it means
bad method could be beneficial
you can take the opposite position from a bad method
just do not too much switching from one method to another

salaam
  • #23
  • Feb 7, 2013 7:14pm Feb 7, 2013 7:14pm
Quoting mr.kho

it means
bad method could be beneficial
you can take the opposite position from a bad method
just do not too much switching from one method to another

salaam
just brilliant.
Congratulations ScalaFX for coming out of the closet!
  • #24
  • Feb 7, 2013 7:22pm Feb 7, 2013 7:22pm
Quoting hayseed
want more bad trades..... just ask.... but please, if i start crying, look the other way .......h
No. But can I have a loan? Interest free? I'd like a new truck.

Oh and nice trading by the way.
Nothing worth having is easy.
  • #25
  • Feb 7, 2013 8:47pm Feb 7, 2013 8:47pm
Quoting kk007
Dear All,

I have visited a number of threads these years. I find that a large portion (perhaps 95%) of the trades posted on the threads are winners. Rarely have I seen someone would post a loser (I may be the only exception).

I think I perform better than breakeven if I seriously follow the rules on the threads, but I cannot get a high proportion of winners on my statement.

Does anyone know why there are so many winners posted on those threads?

kk007
//---

hey kk..... i've noticed you on quite a few threads over the years and i believe you are serious here...... but will not be able to give you any answer to any question about others winners, rules or threads...... i follow my own rules and no threads.....

as far as getting a high proportion of winners......

1.... it seems to help me by entering small and adding positions...... so rather than entering 1 lot, i'll enter 10 trades of 0.1 each..... this gives me the possiblity of 10 winners where before there would be 1.....

2... it seems to help me entering only when the time is right..... and i start small and add positions..... in my charts above i did not 'cherry pick' the trades to post.... i cherry picked the trades to take.....

3... it seems to help me to trade solely with ea's ...... this is a tremendous advantage, for me, because every pair on every timeframe can be monitored for every signal 24 hours a day..... trades that would have missed are taken ...... and it gets the weakest link, me, completely out of the picture.....

good luck in your trading.....h
to trade and code, keep both simple... no call to impress....h
  • #26
  • Feb 7, 2013 10:44pm Feb 7, 2013 10:44pm
if they were winning, they wouldn't be here in a forum looking for advice and bragging about money... if i'm doing as well as 95% of the rest of these so called traders are doing, i wouldn't even be here.. i'd be traveling.. or in jamaica having crazy monkey sex with random females and getting drunk every day
  • #27
  • Feb 7, 2013 11:18pm Feb 7, 2013 11:18pm
with such high aspirations you are an inspiration to us all, allison

Quoting allisonmagic
or in jamaica having crazy monkey sex with random females and getting drunk every day
  • #28
  • Feb 7, 2013 11:21pm Feb 7, 2013 11:21pm
Quoting PeterE
with such high aspirations you are an inspiration to us all, allison

lmao
  • #29
  • Edited Feb 8, 2013 12:18am Feb 7, 2013 11:48pm | Edited Feb 8, 2013 12:18am
Quoting kk007
I have tried hard to understand what you have said, but failed
Thanks for your input anyway.
what Hanover said :-)
  • #30
  • Feb 8, 2013 6:50am Feb 8, 2013 6:50am
"Like"
Quoting dalaipip
Sorry but you are wrong it´s not 95% it´s 99% of winning trades here in FF.

LOL
  • #31
  • Feb 8, 2013 1:44pm Feb 8, 2013 1:44pm
Quoting kk007
Dear All,

I have visited a number of threads these years. I find that a large portion (perhaps 95%) of the trades posted on the threads are winners. Rarely have I seen someone would post a loser (I may be the only exception).

I think I perform better than breakeven if I seriously follow the rules on the threads, but I cannot get a high proportion of winners on my statement.

Does anyone know why there are so many winners posted on those threads?

kk007
It's a virtual world for high egos and keyboard warriors on the forum. Unless they attached their live trades to their ff profile or attach a public link to analytic sites like myfx or mt4i etc, i don't think what's the big deal of any person's " claimed winning trades ", most just try to show off when they make some money, but mia or become quiet when they are in stop out or tanking red.

But there are still those that report losing trades. in fact, losing trades are the ones that's worth to be reviewed/studied. Learn from other's mistakes would serve as better learning opportunity than so called winning trades, then one won't learn how to protect their profits/account.
  • #32
  • Feb 8, 2013 1:57pm Feb 8, 2013 1:57pm
Quoting kk007
Dear All,

I have visited a number of threads these years. I find that a large portion (perhaps 95%) of the trades posted on the threads are winners. Rarely have I seen someone would post a loser (I may be the only exception).

I think I perform better than breakeven if I seriously follow the rules on the threads, but I cannot get a high proportion of winners on my statement.

Does anyone know why there are so many winners posted on those threads?

kk007
Hello kk007. If I could add to your observation. These forums are full of winners. Well in their minds. They rather post positions and claim they have won so it can feed their ego. They get more satisfaction in people asking for their opinion then actually making money. The people who are making money, are those who have linked their accounts to the "trade explorer" feature which forexfactory has provided us. Notice those who claim to have closed a position for profit, never actually state before hand when they entered. Also note all those who have profited always profit a ROUND NUMBER of points. Like 50 or 55. Never 57... If a person doesn't have their trade explorer posted. Just ignore them. Especially those with 10,000 post.
  • #33
  • Feb 8, 2013 2:29pm Feb 8, 2013 2:29pm
Quoting kk007
I have tried hard to understand what you have said, but failed
Thanks for your input anyway.

95% of these traders have a win-win strategy,but no one will sell the strategy to FF members.I wonder why??
Daytrader
  • #34
  • Feb 8, 2013 2:51pm Feb 8, 2013 2:51pm
Quoting mahimahi
95% of these traders have a win-win strategy,but no one will sell the strategy to FF members.I wonder why??
  • #35
  • Feb 8, 2013 6:58pm Feb 8, 2013 6:58pm
All the cry babies here forget that to celebrate a win, not a loss, is human nature. We hear of Valentino Rossi for example. His stats (look it up for yourself) are: 276 (championship) Starts.....105 Wins.....177 podium finishes.....9, yes 9 World Championships to his name. Number of career losses???........who know's?

We celebrate the wins, second places and third places of out champions in all sports. We look at Tiger Woods....we marvel at his wins, but we don't hear much about his losses.

We celebrate success at exam times.....we don't mention the failures.

We celebrate the success of Christiaan Barnard with the first heart transplant....we don't mention his failures.

All through life we celebrate ours and other successes, it serves no purpose whatsoever to highlight their failures. The failures are personal failures and you can be absolutely certain that every one above, and thousands more in their own field, examine in incredible detail, each and every failure. The celebration of the win is a short lived euphoric state, but the failure requires much debriefing and analysis in order to perform better the next time. There is little point in broadcasting the failures because the readers cannot help the poster. he has to do his own 'failure examination.'

The 95% failure rate is, like all statistics, well open to abuse and manipulation. For instance, how many people come here, regard the FX Market as a get rich quick scheme, throw a couple of hundred bucks at the market and lose....without ever really understanding the market? That is going to add to the failure rate, but it's distorted because the stats will group him with the person who spends 5 years of intense study and finally realises that this FX trading thing is just not for him....he's made a bit but not much, so he quits. 2 vastly different approaches, but the stats don't differentiate between the two types......and there are any more.

Also, when we learn to ride a bike (for example) our Mum and Dad lap and give praise when we peddle a few meters on our own. At the end of the day we are encouraged by small successes until one day we get that EUREKA moment and we can ride our bikes. Our parents don't celebrate the number of times we fall off because that is counter productive. They never tell us how many times our big brother/sister fell off when they learned.....because there is no value in that.

We don't learn to drive a car or fly a plane by watching car/plane crashes!!

So it's human nature to show our successes, not our failures.

Now, many people have an ego....well...we all do don't we? Some have a massive ego though, and for the most part, they will be the cry babies who insist that no one can be profitable because they 'cherry pick' their trades, or because they won't 'live trade', or because they won't show their equity curve, or because they won't show their account details or they won't employ a Trade Explorer or a million other reasons. The fact is that the problem is theirs, not mine. *I* know I'm profitable......so does people who are close to me, but whether the general populace here at FF knows I'm profitable or not is of no consequence to me.

I have nothing to prove, I am not selling anything, I am just the same as any other human being, I celebrate some of my wins, and from time to time I mention some of my losses.....and so do other people.

The Trade Explorer is a good idea if someone is selling something where *proof* is required. Other than that, it is just a voyeuristic tool that serves no purpose.

We are humans......this is how we behave.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #36
  • Feb 8, 2013 7:56pm Feb 8, 2013 7:56pm
Quoting realjumper
All the cry babies here.....
Some have a massive ego though, and for the most part, they will be the cry babies who insist that no one can be profitable because they 'cherry pick' their trades, or because they won't 'live trade', or because they won't show their equity curve, or because they won't show their account details or they won't employ a Trade Explorer or a million other reasons. The fact is that the problem is theirs, not mine. *I* know I'm profitable......so does people who are close to me, but whether the general populace here at FF knows I'm profitable or not is of no consequence to me.

The Trade Explorer is a good idea if someone is selling something where *proof* is required. Other than that, it is just a voyeuristic tool that serves no purpose.

Well said. Agree 110%.
  • #37
  • Feb 8, 2013 8:00pm Feb 8, 2013 8:00pm
Quoting realjumper
All the cry babies here forget that to celebrate a win, not a loss, is human nature. We hear of Valentino Rossi for example. His stats (look it up for yourself) are: 276 (championship) Starts.....105 Wins.....177 podium finishes.....9, yes 9 World Championships to his name. Number of career losses???........who know's?


We are humans......this is how we behave.

realjumper and his long winded speeches always put me to sleep
  • #38
  • Feb 8, 2013 8:14pm Feb 8, 2013 8:14pm
Quoting 5percent
It's a virtual world for high egos and keyboard warriors on the forum. Unless they attached their live trades to their ff profile or attach a public link to analytic sites like myfx or mt4i etc, i don't think what's the big deal of any person's " claimed winning trades ", most just try to show off when they make some money, but mia or become quiet when they are in stop out or tanking red.
Quoting 5percent
But there are still those that report losing trades. in fact, losing trades are the ones that's worth to be reviewed/studied. Learn from other's mistakes would serve as better learning opportunity than so called winning trades, then one won't learn how to protect their profits/account.
I agree 100%.
I really don't understand why some people insist that there is no value in analysing losing trades.
We learn from our mistakes.
We can also learn from others' mistakes
Please Do Not PM Me With Coding Enquiries
  • #39
  • Feb 8, 2013 8:24pm Feb 8, 2013 8:24pm
Quoting realjumper
All the cry babies here
All the cry babies here???
What's a cry baby?
Do you mean complainers and whiners?
I don't actually see much in the way of complaining on this thread.
Only really one post that stands out as being the whiniest (is whiniest a word?)
Please Do Not PM Me With Coding Enquiries
  • #40
  • Feb 8, 2013 8:33pm Feb 8, 2013 8:33pm
well, irrespective of wins and losses am logging my all trades for educational and training purpose. Dno about others doing here.

If we dont lose we can not learn. Its part of the game.
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