The real way to kill it in fx | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Money management in trading - the stupid way and the right way 22 replies

Hard Way, Easy Way 115 replies

Pyramiding is the best way to make big money or kill your account 28 replies

Simple Way is the most advance way... 11 replies

2 Way VS 1 Way Analysis 9 replies

Attachments: The real way to kill it in fx
Exit Attachments

The real way to kill it in fx

  • #1
  • First Post: Nov 5, 2015 4:52pm Nov 5, 2015 4:52pm
- Get a degree in economics
- Get a degree in financial engineering
- Get a job at an investment bank, any fund, or mp. If you can't do that, work as a broker.
- Don't trade via a FX broker because they are all fraudulent
- Only trade directly on the interbank. GO BIG OR GO HOME.
- Don't use technical analysis
- Trade on sentiment and fundamentals only.

If you can't do all of this, leave it to the pro's.
  • #2
  • Nov 5, 2015 5:30pm Nov 5, 2015 5:30pm
no ...no ...dont kill it .. 2morro we lost bread & butter .............. it become .... leafs trading .....
  • #3
  • Nov 5, 2015 5:40pm Nov 5, 2015 5:40pm
Quoting R19
- Get a degree in economics - Get a degree in financial engineering - Get a job at an investment bank, any fund, or mp. If you can't do that, work as a broker. - Don't trade via a FX broker because they are all fraudulent - Only trade directly on the interbank. GO BIG OR GO HOME. - Don't use technical analysis - Trade on sentiment and fundamentals only. If you can't do all of this, leave it to the pro's.
Can you clarify why all FX brokers are fraudulent?
  • #4
  • Nov 5, 2015 5:47pm Nov 5, 2015 5:47pm
lol! load of bullshit. doing just fine with my fx broker thanks
  • #5
  • Nov 5, 2015 6:02pm Nov 5, 2015 6:02pm
Quoting jdx1984
{quote} Can you clarify why all FX brokers are fraudulent?

Sorry. This is a summary of guidance from another poster and it is such gold that I feel it is important to outline these 'realities of life'.
  • #6
  • Nov 5, 2015 6:03pm Nov 5, 2015 6:03pm
Reference

http://www.forexfactory.com/showthread.php?t=359093

http://www.forexfactory.com/showthread.php?t=564887
  • #7
  • Nov 5, 2015 6:09pm Nov 5, 2015 6:09pm
I truly believe this guy is nuts!
The only system that will work is one designed by and for yourself.
  • #8
  • Nov 5, 2015 6:20pm Nov 5, 2015 6:20pm
Quoting bloodpoodle
I truly believe this guy is nuts!
One of my brokers quoted USDJPY 0.2 pips off interbank today - SCAM.
  • #9
  • Nov 5, 2015 6:23pm Nov 5, 2015 6:23pm
- I don't have a degree in economics
- I don't have a degree in financial engineering
- I don't have a job at an investment bank, any fund, or mp. I don't work as a broker.
- I trade via a FX broker because they are not all fraudulent
- I don't trade directly on the interbank. GO SMALL OR GO HOME.
- I use purely technical analysis
- I don't trade on sentiment and fundamentals.

I do fine with all of this.
Money is made by sitting, not trading. Jesse L. Livermore
  • #10
  • Nov 5, 2015 6:37pm Nov 5, 2015 6:37pm
Quoting R19
Don't trade via a FX broker because they are all fraudulent

The irony of it!

The genuine FX brokers are the ones who aren't fraudulent, because they have no incentive to be: all they're doing is executing their customers' trades on their behalf in a market to which the customers don't have access, in exchange for a commission-fee. They're not involved in the outcomes of the trades at all.

The ones who have the incentive to be fraudulent are the counterparty market-makers pretending to be brokers.

How wrong can you get something?!
  • #11
  • Nov 5, 2015 8:52pm Nov 5, 2015 8:52pm
Secret Level II Info:
- Use technicals (10-20% of the time) ONLY to find entries and exits.
- Your portfolio shouldn't be more than 14-18% FX.
- Must use a Bloomberg Pro Terminal (because other services are not as fast OR FASTER/ as good OR BETTER).
- Nothing free has value.
  • #12
  • Nov 5, 2015 10:20pm Nov 5, 2015 10:20pm
I don't know your reason behind it, but I can assure you, none of what you say is valid in my opinion. Don't use technical analysis?? I find that fundamentals are built into the technical analysis if you know what you are doing. sentiment means nothing if the big players are involved. Rest assured, there are a number of us here at FF that completely disagree with you and have done very well, and continue to do so. I don't pay attention to the news. I trade only technical with high impact news being the exception...and 9 times out of 10 my technical analysis shows where the high impact news is going to take a pair.
  • #13
  • Nov 5, 2015 10:35pm Nov 5, 2015 10:35pm
Quoting bladerogers
I don't know your reason behind it, but I can assure you, none of what you say is valid in my opinion. Don't use technical analysis?? I find that fundamentals are built into the technical analysis if you know what you are doing. sentiment means nothing if the big players are involved. Rest assured, there are a number of us here at FF that completely disagree with you and have done very well, and continue to do so. I don't pay attention to the news. I trade only technical with high impact news being the exception...and 9 times out of 10 my technical...
Quoting R19
Reference http://www.forexfactory.com/showthread.php?t=359093 http://www.forexfactory.com/showthread.php?t=564887
You must refer to the origins of such mastery on killing it in order to understand the gravity of which we speak. haha
  • #14
  • Nov 5, 2015 10:48pm Nov 5, 2015 10:48pm
Quoting R19
{quote} {quote} You must refer to the origins of such mastery on killing it in order to understand the gravity of which we speak. haha
I have been following that thread from the start, quite entertaining.

I just got out of college and have been making coffee for my boss for the past two years at a firm no one has ever heard of = PRO
Pride always comes before destruction.... -Proverbs 16:18
  • #15
  • Edited 11:35pm Nov 5, 2015 11:05pm | Edited 11:35pm
What if I told you the interbank FX market was a fake ghost market based on retail FX brokerages designed to steal money from institutions?
Attached Image (click to enlarge)
Click to Enlarge Name: Matrix-World-Map.jpg Size: 491 KB
  • #16
  • Nov 5, 2015 11:16pm Nov 5, 2015 11:16pm
Quoting R19
What if I told you the interbank FX market was a fake ghost market based on retail FX brokerages designed to steal money from institutions?
I'd probably light up a spliff with you and start into topics such as "Was man ever actually on the moon?" and perhaps graduate to "What if the moon doesn't even exist? Maybe NONE OF THIS IS REAL". That sort of thing.

PS - my bank account says you're delusional OR losing money in the markets and have opted to come to the conclusion that it is "Just not possible to win"

Technical Analysis - CHECK
Risk Management - CHECK
no emotional ties - CHECK
Patience, patience, patience...DOUBLE CHECK

these work.
  • #17
  • Nov 5, 2015 11:20pm Nov 5, 2015 11:20pm
Quoting R19
Reference http://www.forexfactory.com/showthread.php?t=359093 http://www.forexfactory.com/showthread.php?t=564887
Young grasshoppers must bow down and learn the true origins of such wisdom.

For real, props out to Bloomberg Pro. It really is a fine system for many strategies.
  • #18
  • Nov 5, 2015 11:21pm Nov 5, 2015 11:21pm
Quoting R19
Secret Level II Info: - Use technicals (10-20% of the time) ONLY to find entries and exits. - Your portfolio shouldn't be more than 14-18% FX. - Must use a Bloomberg Pro Terminal (because other services are not as fast OR FASTER/ as good OR BETTER). - Nothing free has value.
Bahahah

In your first post you said "Don't use technical analysis" and now your'e saying only 10-20% of the time.
Your'e talking complete shit..+ you have issues man...
Just learn to trade..
Cheers.
  • #19
  • Nov 6, 2015 2:06am Nov 6, 2015 2:06am
Quoting R19
- Get a degree in economics - Get a degree in financial engineering - Get a job at an investment bank, any fund, or mp. If you can't do that, work as a broker. - Don't trade via a FX broker because they are all fraudulent - Only trade directly on the interbank. GO BIG OR GO HOME. - Don't use technical analysis - Trade on sentiment and fundamentals only. If you can't do all of this, leave it to the pro's.
Last one is valid. Rest of them is just hormones.
  • #20
  • Nov 6, 2015 2:19am Nov 6, 2015 2:19am
Is that a joke? What you learn in school can actually make you a worst trader. See the Turtle trading book.
0 traders viewing now