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  • #201
  • Edited 6:01am Mar 6, 2016 5:45am | Edited 6:01am
Quoting BubaYaga
lets expand this to the catch 22 of successful fx trading. Are you educated? why don't you have a proper job? If you had a proper job, why would you bother to speculate in this bullshit 'industry"? Anyone who has worked as a prop trader knows most retail traders are considered "presumed" under educated. If you're speculating in the FX game chances are you have a below average IQ. Because educated people have tangible jobs with guaranteed income. But most retail traders work at least part time and trade as a hobby. fact. don't feel bad bro.
Exactly.
The barrier to entry is kept very low for that purpose. Retail forex traders are the "canon fodder" of the industry. The fact that it preys on the poor wanting to better themselves is criminal. Your friendly forex bucket shops big and small are fully aware that the "small accounts" are going to be swept into the company's account within 3 months max.
  • #202
  • Edited 6:21am Mar 6, 2016 5:53am | Edited 6:21am
I would never put Mingary on ignore. One thing I know for sure, Mingary is the only person on this site,... that's not a bullshitter! A huge percentage of you should take Min's advice. You're probably heading for a train wreck.... (-;
SPC * Swollen PocketZ Crew!
  • #203
  • Mar 6, 2016 6:10am Mar 6, 2016 6:10am
society is based on the capitalist "predator" consuming the "consumer". that's what makes the rich, richer and the poor, poorer and the world keeps turning around. if you don't like it become a Krishnah, smoke weed and meditate 17 hours a day to find contentedness in your life. who gives a flying fck.
  • #204
  • Mar 6, 2016 6:19am Mar 6, 2016 6:19am
Quoting BubaYaga
society is based on the capitalist "predator" consuming the "consumer". that's what makes the rich, richer and the poor, poorer and the world keeps turning around. if you don't like it become a Krishnah, smoke weed and meditate 17 hours a day to find contentedness in your life. who gives a flying fck.
Yes, but this order does not endure and breaks down after too many abuses. Time and time again those in the tall glass buildings find out that the "consumer" can come to your office carrying what is called a "gun"

Rinse and repeat ... (:
  • #205
  • Mar 6, 2016 6:22am Mar 6, 2016 6:22am
Quoting BubaYaga
society is based on the capitalist "predator" consuming the "consumer". that's what makes the rich, richer and the poor, poorer and the world keeps turning around. if you don't like it become a Krishnah, smoke weed and meditate 17 hours a day to find contentedness in your life. who gives a flying fck.

No it's not it's about free market economics the best products and the best prices via competition.
The Trend Is Your Friend
  • #206
  • Mar 6, 2016 6:28am Mar 6, 2016 6:28am
Quoting Soyo24
{quote} No it's not it's about free market economics the best products and the best prices via competition.
lol, so naive..

I will say there are some very talented posters on forex factory. especially those coders out there who put time and effort to create the indicators and expert advisers. respect to all of you.
  • #207
  • Mar 6, 2016 7:41am Mar 6, 2016 7:41am
Quoting Mingary
I know I am quoting some "guru", but he happens to be right in this case
1. Professional fund manager who is largely unknown.
2. Guru.

Pick one.
  • #208
  • Mar 6, 2016 7:51am Mar 6, 2016 7:51am
Quoting BubaYaga
{quote} lol, so naive.. I will say there are some very talented posters on forex factory. especially those coders out there who put time and effort to create the indicators and expert advisers. respect to all of you.
I can out trade any ea and I challenge any ea.
The Trend Is Your Friend
  • #209
  • Mar 6, 2016 7:52am Mar 6, 2016 7:52am
Quoting BubaYaga
society is based on the capitalist "predator" consuming the "consumer". that's what makes the rich, richer and the poor, poorer and the world keeps turning around. if you don't like it become a Krishnah, smoke weed and meditate 17 hours a day to find contentedness in your life. who gives a flying fck.

Also nobody gets consumed they get a product or service at a reasonable price. You are just being cynical.
The Trend Is Your Friend
  • #210
  • Mar 6, 2016 7:57am Mar 6, 2016 7:57am
Quoting Mingary
{quote} The C.S. Lewis quote is an example of sarcasm that clearly shows the logical failure of a statement such as 'Absence of evidence is not evidence of absence' Now, let's suppose we agree it's a "false dichotomy" and there is not enough evidence to prove the proposition be either true or false. Therefore, it comes down to a question of belief (I am using the rhetorical "you") Do you want to believe - and remain ignorant or, do you want to know - and open your mind To me, my answer is a loud "i don't know" and that the best evidence in most...
The problem with most of your posts is that you do not claim, to "not know". You make declarative statements. If you say that you don't know, because you haven't found any, that's one thing. But to say" no one is making money consistently" because you haven't found any is quite another kettle of fish.

And tell me, if you were making a killing in FX, who would you tell? You are a virtual lottery winner. You can pull money out of the capital markets by clicking a mouse. You could get kidnapped for admitting as much. Why would anyone want to do that?

Quoting Mingary
{quote} Yes, but this order does not endure and breaks down after too many abuses. Time and time again those in the tall glass buildings find out that the "consumer" can come to your office carrying what is called a "gun" Rinse and repeat ... (:
You might be very surprised how much the investor class learned from the French Revolution. Bread and Circuses...
If you are good at something, never do it for free--Joker
  • #211
  • Mar 6, 2016 8:18am Mar 6, 2016 8:18am
i again worn everyone this thread is high jaked
  • #212
  • Mar 6, 2016 8:20am Mar 6, 2016 8:20am
Quoting fxstaton
I appreciate and would like to thank all for positive comments and encouragement especially many PM me to give me positive encouragement and help me. Many thanks.
I hope you had some good sleep. Now you need to think about what you are going to do next. I recommend that you accumulate some capital first. You need money to make money. That adage couldn't be truer in the investment especially the trading world.

Good luck!! You CAN do it!!
Make your losses in demo. Earn your profits live.
  • #213
  • Mar 6, 2016 8:22am Mar 6, 2016 8:22am
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  • #214
  • Mar 6, 2016 8:23am Mar 6, 2016 8:23am
Quoting jmn5611
{quote} The problem with most of your posts is that you do not claim, to "not know". You make declarative statements. If you say that you don't know, because you haven't found any, that's one thing. But to say" no one is making money consistently" because you haven't found any is quite another kettle of fish. And tell me, if you were making a killing in FX, who would you tell? You are a virtual lottery winner. You can pull money out of the capital markets by clicking a mouse. You could get kidnapped for admitting as much. Why would anyone want to...
It's simple
1) The elusive forex millionaire .. I have not found any, how can I prove that I have not found any ?
2) On the other hand you are telling me that the mystical forex millionaire trader-at-home, does exist. If that is the case, it should be easy to prove.

1) I have not found any Unicorns, how can I prove that I have not found any ?
2) You are telling me that Unicorns do exist, then show me.

then your next statement is interesting ==> "And tell me, if you were making a killing in FX, who would you tell? ..."
(You are saying Unicorns do exist, but no one can see them)

Therefore I must go back to our previous post and ask again ==> Are millionaire traders-at-home "very carefully hidden." (:
Hint: you are implying they are "very carefully hidden", therefore you can only believe that they exist (no proof)
  • #215
  • Mar 6, 2016 8:27am Mar 6, 2016 8:27am
Quoting TwFXtrader
{quote} are you making money by telling people not to be here? I don't get it why are you on Forex Factory
this one guy in this music production forum (actually many music production forums) was a famous shill for years. got kicked out of many forums and reinstated etc. took years before he was properly quarantined. and in his wake is like a rainforest worth of wasted agrumentative threads because all he did was say f'd up things to people all day every day without being dealt with by mods
  • #216
  • Mar 6, 2016 8:39am Mar 6, 2016 8:39am
Quoting Atokys
{quote} 1. Professional fund manager who is largely unknown. 2. Guru. Pick one.
I don't know what you are referring.
  • #217
  • Mar 6, 2016 8:41am Mar 6, 2016 8:41am
Quoting grrbear
{quote} this one guy in this music production forum (actually many music production forums) was a famous shill for years. got kicked out of many forums and reinstated etc. took years before he was properly quarantined. and in his wake is like a rainforest worth of wasted agrumentative threads because all he did was say f'd up things to people all day every day without being dealt with by mods
" this one guy in this music production forum" Who are you referring ?
  • #218
  • Mar 6, 2016 8:46am Mar 6, 2016 8:46am
Quoting Mingary
{quote} " this one guy in this music production forum" Who are you referring ?
a dude named jerome. he was an american expat in japan working with akai
  • #219
  • Mar 6, 2016 8:49am Mar 6, 2016 8:49am
Like in any profession people work, only 5% of people actually do their job very good. Does this mean they are all millionares? No, of course not.
5% of teachers are really excellent at what they do and they are not all millionares.
I was not a millionare in my previous job, so I really have no reason to want be a millionare trading forex. For me a good trade is measured in pips and following the rules that each trader sets for himself, no matter what system he trades and how big his account is. As long as I'm making higher % of account gain on yearly basis then any bank would give me, I consider myself constantly profitable .

So if your thinking is so narrow and for you the successful trader is only the one who made millions in trading , then there is no hope for you anyway , no matter how you put your wasted words back and forth.
PVSRA
  • #220
  • Mar 6, 2016 8:54am Mar 6, 2016 8:54am
Quoting Hurst
{quote} I am not sure how long you were in the markets or what you had learned in order to assist your trading. People think it is easy, but they spend nothing on educating themselves, did you have a teacher, what was your strategy, it sounds like you got lucky, and you were not trading with stops and possibly overtrading and you gave it all back. Not sure how much you lost but what ever the amount it was I am sure you would never have paid that to someone to actually give you a proper method that works. So answer me the question with so little...
yeah even with just a coin toss you make some money and lose some money (although you still blow at the end) so an edge should not only fail sometimes and win mostly, it should be able to do so consistently, over and over. A question is, can an edge stop working ?
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