The real way to kill it in fx

Have you just lost a lot of money?

I agree with you.
We have the right to respect everyone's opinion. And every opinion there is some truth just as much as the absence of this truth.
But to say that the use of technical analysis doesn't make sense and that all brokers are scammers also incorrect IMHO, let the author of the thread won't be offended.

Obvious troll is obvious

The truth is the exact opposite of the bullet points in the original post

For a long time watching FF as a guest. I decided to sign up, to gain ideas and share mine. Here was the interesting discussion.
It creates an ambiguous impression about the different views that are voiced.
Interestingly, my opinion does not coincide with the author, but I want to say thank you for being forces to reflect and to doubt.

Unless you trade forex for a living, of course.



I'll try to remember that the next time I use Skype ...

The most valuable things in life are free!
In trading the greatest edge(the holy grail) is to be found in the last place you would ever look - right behind your eyes!

The OP never defined what was being killed... trading account?

Am I the only one reading the original post as facetious banter?

I think so; yes.

My own first impression of it was that it was either satire/irony, or a kind of "April 1st" post, but the OP's subsequent posts in this thread, and some of his contributions elsewhere made me change my mind fairly quickly and envisage that at the moment he types it, he probably actually believes it all. I suspect he just likes to present whatever extreme and ill-thought-through opinion he has in his head at any given moment as being universal guidance. Anyway, it can quickly be seen that most of it doesn't stand up to examination for more than a second or two, so I suppose it's not really doing any harm.

Young neophytes. For the final time, I implore you to review the reference threads to begin to fathom such wisdom.

How/where to trade directly on interbank ??

It amazes me how many people have replied... without first consulting a professional trader as their opinion would outweigh any 'hobby' trader surely.

Violator - this thread is restricted to those with an economics and financial engineering degree only.


OK OK - I have to stop - SORRY!

- Get a degree in economics
- Get a degree in financial engineering
- Throw them in the trash
- Start studiyng T.A.

Ok. troll statement on thread start. i could feel the rage coming upon you after reading the first post )
BUT...
The BIG question is: what do you want from forex?
big wins? a brand new BMW in 3 weeks with your 1k account? and you found out from a friend about forex 5 weeks ago?? lol. that might happen if you're a god damn lucky bastard.
what do you want from forex?
always take in account what the average interest rate/year is on a deposit in your country! Here is 2.8%!! PER YEAR

-any academical study in economics helps. You have advanced insight into effects that average trader doesn't have the tiniest idea of them existing.
-a trader imho is an analytical person, above average english skills, a strong insight into algorithms, fluency in Excel(or related), pattern recognition, event correlations, very grounded into reality, ready to admit when wrong, very organized, able to cope with stress, healthy and balanced in life, ACTUALLY STARTED A BUSINESS THAT TURNED PROFIT FOR >5 YEARS!

What do you understand by fundamentals only? Only listening to the radio about what Draghi said and what figure the CPI came out today? The moment you open a chart you are actually doing technical analysis. you are reading a stream of numbers as some candles on a chart with 2 axes. Technical analysis fails when there will be less than 2 people trading that instrument (the rest are robots & algorithms). But right now on earth there are maybe millions of people watching charts as their day jobs. People see patterns, you can't stop that. When your charts line up with more than half the market you are making money. And vice versa.

Treat forex like a business with employees, expanses, taxes, PARTNERS. Have you ever heard about a business that didn't have clients?! Always treat your account as if an investor gave you half. GET INVESTORS. build trust and confidence. always treat your investors. think long term!

Has your broker ever stole anything from you? there's always someone to blame... them fuckers stole our money!!!

GO BIG OR GO HOME? that says so much :'( remember that compounded interest is one of the greatest forces in the universe. Einstein agrees with that.

Understand that it's not for you. has it been years and you haven't turned profit? pick a day, starting that day count 1 year (you decidehow much time ) if you haven't turned profit, stop. find something else, time is better spent and it might bring you more money or enjoyment.

Just my 2 pips. trading is a hard job.

spammmm

Oh c'mon. I am margin call short karma now for this thread.

such an artful undressing. bravo