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Are there any Large Lot Traders here?

  • #61
  • Sep 23, 2014 2:21am Sep 23, 2014 2:21am
Quoting cat
This is the truth. I once had an email from a friend of mine who had received an email from a certain Nigerian gentleman ( I know we've all had them) who claimed to have inherited a gold mine worth billions but due to a lack of funds was unable to afford the licensing necessary to assume ownership of the mine. All he asked for was a few thousand , for which my friend, an elderly lady, would receive a large percentage. She was so excited, believing she would finally be able to pay for her ill daughter to fly to the United States for treatment. Of...

Perhaps you could point out the post where dancingphil "wants people on forex factory who he doesn't know from adam to sign up to his system" .....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #62
  • Sep 23, 2014 2:23am Sep 23, 2014 2:23am
Quoting tunera
So.. With all due respect (i don't know him) to dancingphils, the possibilities are two: 1) he is indeed an exceptionally good trader. 2) he is a smart guy who make his living out of students fees. I'm very sorry to say that i belive the 2° possibility can be the real one. I know self-made traders that trade "big lots", and none of them care about waste their time trying to teach something to other people, let alone do it for money (i guess all this thread and others is about find/recruit new students that for a small fee will learn how to become...
I agree.

Successful traders teach because they want to share knowledge.I personally had some great help from a great trader who didn't ask a penny.

A lot of this comes down to the believing and opening your eyes to possibilities.

This is the same as the 4min mile :


What We Mortals Can Learn From the 4-Minute Mile
Written by Matt Frazier
The experts said it couldn’t be done
According to legend, experts said for years that the human body was simply not capable of a 4-minute mile. It wasn’t just dangerous; it was impossible.
Further legends hold that people had tried for over a thousand years to break the barrier, even tying bulls behind them to increase the incentive to do the impossible.
In the 1940’s, the mile record was pushed to 4:01, where it stood for nine years, as runners struggled with the idea that, just maybe, the experts had it right. Perhaps the human body had reached its limit.
The breakthrough
On May 6, 1954, Roger Bannister broke the 4-minute barrier, running the distance in 3:59.4. As part of his training, he relentlessly visualized the achievement in order to create a sense of certainty in his mind and body.
Barely a year after Bannister’s accomplishment, someone else ran a mile in under 4 minutes. Then some more runners did.Now, it’s almost routine. Even strong high-schoolers today run 4-minute miles. [Note: this used to say "24 people broke the 4-minute mark within a year of Bannister. This is wrong; see the comments.]
What does this mean for us?
I don’t know about you, but for me, a 4-minute mile is probably not in the cards. (5 minutes? Maybe one day.) That’s not the point. The point is this: It took a sense of extreme certainty for Roger Bannister to do what was considered un-doable. He alone was able to create that certainty in himself without seeing any proof that it could be done.
But once he crashed through that barrier, the rest of the world saw that it was possible, and the previous record that had stood for nine years was broken routinely.
New Agers call it the Law of Attraction, scientists call it the RAS
I love this story. I don’t know how much of it is true; I sense that some of the details have become overblown in an effort to dramatize. Either way, it doesn’t matter. I’ve witnessed firsthand what a little certainty can do.
When you become certain of something, when every part of your makeup believes it because you focus on it every single day, something “magical” happens. Not New Age magical, but science magical. We have a system in our bodies called the reticular activating system (RAS) that helps our brains decide what information to focus on and what to delete.
- See more at: http://www.nomeatathlete.com/4-minut....JLzCavM7.dpuf
We miss 100% of the shots we don't take
  • #63
  • Sep 23, 2014 2:26am Sep 23, 2014 2:26am
Quoting hfTrader
{quote} since when is guangzhou in the south east? I've been to guangzhou countless times and it's nowhere east. 5000*100,000USD = 500,000,000 so thats 500 million dollars. For this kind of size you'd have to go inter bank and very often even they can't do it in one shot. Please, whatever you do, do not send money over the internet to someone you don't know.

Mate Im sure you can trade 100 lots very eaily with a good broker like IC markets

As my memory serves me you can trade by market execution 100 lots on a single position and as many positions as you want

Let me go look and I wil edit this post

EDIT :

This is what ICmarkets say

"
Flexible Lot Sizing
There are not limits or restrictions on trade sizes, you can place trades as small as one micro lot (0.01) with no maximum limit. Our flexible lot sizing allows you trail the platform with minimal risk and manages your trades sizes in accordance with your account balance.

"
http://www.icmarkets.com/forex-tradi...e-ecn-account/
We miss 100% of the shots we don't take
  • #64
  • Sep 23, 2014 2:27am Sep 23, 2014 2:27am
Quoting tunera
Belive it or not, the ability to make huge returns consistently and eventually trade big lots it is not something that comes from a trading system or a strategy whatsoever, it is not something that can be taught. Such ability do grows from the depths of yourself, powered by a constant burning desire to success, it is something that goes way beyond the 3 dimensional way we tend to live our life. Those who have gotten it they perfectly know that it cannot be taught, and those who teach are just unsuccessful traders looking to make some bucks out of...

Agree. The basic trading method can be taught, but at the end of the day it is the traders ability. You have it or you don't.

But you do get very good traders who teach, as the my coach said to me when I asked him, if there is so much money to be made, Why do you teach for a fee? His reply : It's a lonely job and you need interaction.
  • #65
  • Sep 23, 2014 2:37am Sep 23, 2014 2:37am
Quoting hfTrader
{quote} since when is guangzhou in the south east? I've been to guangzhou countless times and it's nowhere east. 5000*100,000USD = 500,000,000 so thats 500 million dollars. For this kind of size you'd have to go inter bank and very often even they can't do it in one shot. Please, whatever you do, do not send money over the internet to someone you don't know.
Geography definitely not one of your strong points.
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #66
  • Sep 23, 2014 2:37am Sep 23, 2014 2:37am
Quoting realjumper
{quote} Perhaps you could point out the post where dancingphil "wants people on forex factory who he doesn't know from adam to sign up to his system" .....
It's quite possible he is being craftier than that to avoid being labeled a commercial member. Only those who try to get mentoring with him will find out the truth.
  • #67
  • Sep 23, 2014 2:38am Sep 23, 2014 2:38am
Quoting LouiseZA
{quote} Agree. The basic trading method can be taught, but at the end of the day it is the traders ability. You have it or you don't. But you do get very good traders who teach, as the my coach said to me when I asked him, if there is so much money to be made, Why do you teach for a fee? His reply : It's a lonely job and you need interaction.


That's the one you always hear. I don't buy it at all. Any professional, trader or otherwise, has plenty of opportunities to interact with people away from trading - friends, family etc. Pass on your knowledge to certain people sure, but not for a fee! Any truly successful trader just would not do that, unless of course they think they can make more money teaching than trading, which is unlikely. There may be a small number of successful traders willing to help others for a fee, but they are few and far between. The real give away is when they claim they have a winning system that is guaranteed to make you a fortune if adhered to. We all know, or should, that those winning systems in isolation do not exist.
  • #68
  • Sep 23, 2014 2:44am Sep 23, 2014 2:44am
Quoting Stinky
{quote} It's quite possible he is being craftier than that to avoid being labeled a commercial member. Only those who try to get mentoring with him will find out the truth.

It is extremely poor form to accuse someone with ZERO evidence. I have never seen Phil solicit anyone for any reason here at FF......if anyone has the evidence of scamming or seeking people to pay to use his alleged system....man up and produce the proof...else, shut up!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #69
  • Sep 23, 2014 2:48am Sep 23, 2014 2:48am
Quoting realjumper
{quote} It is extremely poor form to accuse someone with ZERO evidence. I have never seen Phil solicit anyone for any reason here at FF......if anyone has the evidence of scamming or seeking people to pay to use his alleged system....man up and produce the proof...else, shut up!
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #70
  • Sep 23, 2014 2:49am Sep 23, 2014 2:49am
Quoting realjumper
{quote} It is extremely poor form to accuse someone with ZERO evidence. I have never seen Phil solicit anyone for any reason here at FF......if anyone has the evidence of scamming or seeking people to pay to use his alleged system....man up and produce the proof...else, shut up!
There's no accusation. People should just be wary.
  • #71
  • Sep 23, 2014 2:54am Sep 23, 2014 2:54am
Quoting Stinky
{quote} There's no accusation. People should just be wary.
Wary of what?

And they need you to tell them that?
  • #72
  • Sep 23, 2014 3:00am Sep 23, 2014 3:00am
Quoting realjumper
{quote} It is extremely poor form to accuse someone with ZERO evidence. I have never seen Phil solicit anyone for any reason here at FF......if anyone has the evidence of scamming or seeking people to pay to use his alleged system....man up and produce the proof...else, shut up!
no it's not. You don't need evidence unless you were born yesterday. It has scam written all over it. Show me the evidence that Mr Charles Churchill from Nigeria does not own a billion dollar gold mine that he wants you to invest in?!
  • #73
  • Sep 23, 2014 3:01am Sep 23, 2014 3:01am
Quoting Carlsberg
i'm going to be honest this looks like a classic fishing exercise for saps (oops i mean clients) i only know of one millionaire trader and unfortunately its not me, but he genuinely has a multi million dollar yacht and at the weekends he sails to Monaco to play the tables as hes only 50 miles or so down the coast and guess where the money comes from? not so much from trading, although he does sometimes trade the majority comes from mentoring and selling his so called market expertise to saps and as far as i know he does n't post on forums bragging...

Actually, there's no reason to believe anybody who doesn't show you the proof like trade explorer with reputable broker. Everybody can tell you that is trading 10000 lots per trade and makes 100 millions a year, this is fact... I haven't found anybody with proof who is willing to teach how to trade yet. (But I'm trading forex only 4 years so far)
  • #74
  • Sep 23, 2014 3:02am Sep 23, 2014 3:02am
Quoting Zokynho
{quote} Wary of what? And they need you to tell them that?
Well said

Too many people trying to protect fully grown adults like the are children. ( Stranger Danger )

Common sense must prevail
We miss 100% of the shots we don't take
  • #75
  • Sep 23, 2014 3:05am Sep 23, 2014 3:05am
Quoting cat
{quote} no it's not. You don't need evidence unless you were born yesterday. It has scam written all over it. Show me the evidence that Mr Charles Churchill from Nigeria does not own a billion dollar gold mine that he wants you to invest in?!

Whats the scam?

He is not advertising account management or even teaching people.

He asked if there are any large lot traders am I right?

If he asks people to join and they are willing to pay for it without proof then that is their problem but until now the threads name is about large lot traders and people have gone way off course with it
We miss 100% of the shots we don't take
  • #76
  • Sep 23, 2014 3:06am Sep 23, 2014 3:06am
Quoting cat
{quote} no it's not. You don't need evidence unless you were born yesterday. It has scam written all over it. Show me the evidence that Mr Charles Churchill from Nigeria does not own a billion dollar gold mine that he wants you to invest in?!

Are you going to show me the post where "wants people on forex factory who he doesn't know from adam to sign up to his system"....... No? thought not.

You've got your personal opinion....keep it to yourself.

The only thing Phil has asked in this whole thread is "who else trades large lots?'

You can't even produce a post to back up your original claim....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #77
  • Sep 23, 2014 3:07am Sep 23, 2014 3:07am
Quoting insomniawawa
{quote} Actually, there's no reason to believe anybody who doesn't show you the proof like trade explorer with reputable broker. Everybody can tell you that is trading 10000 lots per trade and makes 100 millions a year, this is fact... I haven't found anybody with proof who is willing to teach how to trade yet. (But I'm trading forex only 4 years so far)
The thread is about people who trade large lots inst it?

Why prove anything to anyone on here.You give no proof of nothing.I give no proof of nothing so why must he?
We miss 100% of the shots we don't take
  • #78
  • Sep 23, 2014 3:08am Sep 23, 2014 3:08am
Quoting realjumper
{quote} Are you going to show me the post where "wants people on forex factory who he doesn't know from adam to sign up to his system"....... No? thought not. You've got your personal opinion....keep it to yourself. The only thing Phil has asked in this whole thread is "who else trades large lots?' You can't even produce a post to back up your original claim....

PS-Stil trading your great system everyday
http://www.forexfactory.com/showthre...75#post7755575
We miss 100% of the shots we don't take
  • #79
  • Sep 23, 2014 3:11am Sep 23, 2014 3:11am
Quoting Rooi
{quote} Well said Too many people trying to protect fully grown adults like the are children. ( Stranger Danger ) Common sense must prevail
Priceless Rooi,
I totally agree.
I am amazed this afternoon with the amount of condescending, narrow minded Morons on this site. No wonder only 5 percent of traders succeed.
Lucky we are not all the same.

regards
Anthm
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #80
  • Sep 23, 2014 3:13am Sep 23, 2014 3:13am
Quoting Zokynho
{quote} Wary of what? And they need you to tell them that?
Wary that dancingphil may not even have a system worth paying to learn. His post elicited interest from people who wanted to be his students. Many people get deceived at FF.
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