Carbon-Dioxide: the gas of life!
Does Moving average actually act as moving S/R ?? 20 replies
Got into a discussion with someone, he says forex is inherently a losing game 46 replies
Trading is a losing game!!! 13 replies
Coulda, shoulda, woulda..... a losing game. 53 replies
Dislikedmost traders lose on forex is because one thing... leverage! stocks are more volatile than forex, it can move plus/minus 3% in a day naturally while forex plus/minus 1.5% is considered a big day. Most people dont lose out on stocks because they dont leverage and secondly they are more long term. Hence if you are looking to day trade stocks with leverage, forget about it.Ignored
DislikedThere are winners and loosers. Winners look for how to win a game..and trust themselves & their ability to actually win a game they choose and loosers don't trust themselves and are scared to even accept that & they choose to blame circumstances, conditions, manipulations, external forces, evil forces, bad luck, witches, ghosts, alliens..you name it..as a proof "that's why I couldn't do it in such rigged conditions, see?!"Ignored
Dislikedas well as a stock trading forum or chatroom that isnt full of trolls or nonsense like fxfactory would be nice. thanksIgnored
DislikedCharts are charts - if you cant trade forex you wont do any better at stocks........... Dont give up just go to demo for 6 months and learn from mistakesIgnored
DislikedForex, stock or whatever it is, does it really matter? If forex is really a losing game, why people still doing it? and if stocks are better than forex, so why forex traders in the world don't move to stocks trading? I may not know anything about stocks, but what i know is if people can do it, well we can do it too. the simple way is like this : if you do it right, you make profit. If you do it wrong, you lose your money. end of story.Ignored
Disliked{quote} I trade stocks and I do quite well at it. 'Trade' is the wrong word, I use no leverage and buy using careful picking techniques which have taken me years to evolve. I typically hold whatever I buy for months or years. I paid for my lessons in the usual way, and I still make the occasional mistake. Stock market investing is cyclical. There are times when opportunity abounds. There are times when you can't fix the hole in the boat. Another time when it might be best to beach the boat for a while may be just beginning..... Forex is not cyclical,...Ignored
Disliked{quote} the conclusion is, it doesnt matter if you trade stocks or forex. as long as you can make money from it.Ignored
Disliked{quote} The scenario given by the technical analysis is clearly bulish!Ignored
Dislikedand have decided to quit forex all together. Where is there a good broker I can demo from? And what's a good free up to date stock screener? thanksIgnored
DislikedPatterns are another load of bull, I once asked a well know trader who I was dumb enough to pay $1,400 to mentor me, after a year. I got all of his analysis before the market opened, trade after trade failed. I learnt to lose like a pro, he kept telling me stick with it, the winning run will come. This is another crock of pure crap, you can trade and make almost all winning trades, certainly 80% and you can trade a 2:1 risk reward ratio. It took me 10 year to get it, I just did not give up. Learn the right way and your account will fill up with...Ignored
Disliked.... all the traders I know are trying to sell up moves and buy down moves, they do that because it is what they learned, from various book, don't do it flow with the market. Patterns are another load of bull, I once asked a well know trader who I was dumb enough to pay $1,400 to mentor me, after a year. I got all of his analysis before the market opened, trade after trade failed. I learnt to lose like a pro, he kept telling me stick with it, the winning run will come. This is another crock of pure crap, you can trade and make almost all winning...Ignored
Disliked{quote} Yup, mentors in forex look like scam to me because if they are indeed profiting in forex trading, they wouldn't even waste their time teaching someone when they can make thousands of dollars everyday in front of their computerIgnored