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  • #261
  • Mar 7, 2016 1:29am Mar 7, 2016 1:29am
Quoting Ill-b-back
I see Mingary is STILL spinning his unproven theory as objective fact lol... Quite some time ago, I gave him the names of at least 2 professional forex traders but he refuses to contact them to see if they are legit

They are not legit.
  • #262
  • Mar 7, 2016 1:33am Mar 7, 2016 1:33am
Quoting ClimaxOffset
So as i was saying before my reply got deleted. You need to switch to an ECN broker. If you are on a retail broker like fxcm or oanda you will get nailed easily. They are market makers. They will not send any of your trades to the interbank. This is why trading seems impossible, because it is when you trade with these people as your broker. Go to an ECN broker and i guarantee your systems will start working and your trades will start winning.
Are you speaking from personal experience or ??
...
  • #263
  • Mar 7, 2016 1:43am Mar 7, 2016 1:43am
Quoting Markj
{quote} As you are obviously a man of such talent and experience I am interested in understanding why you believe there is such a great difference between trading currency contract and other contracts? Why trading a currency derivative is so different to any other, financial and or soft and hard markets? Many thanks Mingary. I look forward to gaining a better understanding through your knowledge of the markets.
you can find that searching on the internet, what you won't find is this:

"word association of some of the things pertaining to the world of forex" = very small market = penny stocks = forex binary options = late night infomercial = crooked car salesman = get rich quick = piped dream.

you have to hate it in order to love it (:
  • #264
  • Mar 7, 2016 1:48am Mar 7, 2016 1:48am
Quoting Mingary
{quote} 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...
I don't know any FX player with a net worth of 1MM. But based upon my experience, they are there. The markets are consistently tradable. Some traders wait to only one pattern to appear over a large number of pairs. That gives plenty of trades. So what I am saying is that unicorns do exist, but you haven't found their grove. I know they are there because I have seen their tracks. So, yes, the FX millionaire is very, very well hidden.
If you are good at something, never do it for free--Joker
  • #265
  • Mar 7, 2016 1:49am Mar 7, 2016 1:49am
Quoting Mingary
{quote} They are not legit.
Except you haven't contacted them. If people of the world had your presumptuous attitude and refused to make investigations because they held steadfast to their belief something was impossible, progress would have stopped a long, long time ago
Come with me if you want to live....
  • #266
  • Mar 7, 2016 1:50am Mar 7, 2016 1:50am
In forex no one can say he is expert, if you have high volume of amount to invest not less than $ 5000 or maximum 50,000 to 100,000 than you will earn high and high, but daily profit and loss is part of forex , i think this is not gambling if you read and learn properly and practice properly on demo with right strategic you will not lose always use only 10/15/20% of your total investment in buy.sell of any instrument, MEANS if your investment is 5000 than your order in hand should be not more than 10/20 of that,= in hand order should be not more than 500/750/1000 best is to not more than 500 dollar, if you are doing currencies it is hard as there are so many currencies and cross currencies , i only trade gold not currencies as in currencies I also failed like you, but finally I choose one main instrument GOLD or sometime SLIVER only, Gold is best and return is good but that need minimum 5000 dollar account and maximum as much as you can. and also choose right ECN/STP broker, who allow micro, mini and standard lot of gold on their station. (0.01, 0.10 or 1.00 to 8.00 lot size. Also choose right time. I don t know from which country you are, I am from Pakistan and as to me right time to earn 1 hr before or after US session open. However as to my local time I mostly earn at 18:00 hr. But I start watching market from it start time at 4.00 am morning to 4.00 AM during that I sleep hardly 2/3 hr , my sleeping days are only Saturday and Sundays. First of all learn impact of fundamental news on market choose one currency pair e.g. GPB/USD and learn its fundamentals when you understand all than choose another pair like Eur/USD. Finally after 2/4 months pratice on demo not more than 5000 dollar demo choose and learn about GOLD. By the way how much you loose may be I can earn back all for you, if you like but best learn yourself. I am doing forex from last 20 years , loose minimum 45000 in start than never loose till today.
  • #267
  • Mar 7, 2016 1:54am Mar 7, 2016 1:54am
Quoting jmn5611
{quote} I don't know any FX player with a net worth of 1MM. But based upon my experience, they are there. The markets are consistently tradable. Some traders wait to only one pattern to appear over a large number of pairs. That gives plenty of trades. So what I am saying is that unicorns do exist, but you haven't found their grove. I know they are there because I have seen their tracks. So, yes, the FX millionaire is very, very well hidden.
just to make sure this is clear.
therefore you believe that unicorns and millionaire-forex-trader-at-home do exist.
(let's not consider the existence of Unicorns at this point )

it's not a fact - only a belief, correct ?
  • #268
  • Edited 2:09am Mar 7, 2016 1:56am | Edited 2:09am
Quoting Ill-b-back
{quote} Except you haven't contacted them. If people of the world had your presumptuous attitude and refused to make investigations because they held steadfast to their belief something was impossible, progress would have stopped a long, long time ago
ok, i'll play
there is a 99.999999999999999999999999999999999999999999999999999999999 (to infinity) % chance that they are not legit.
i would not want to come across as being close minded ...
tell me again who they are and I will try to find out.
  • #269
  • Mar 7, 2016 1:57am Mar 7, 2016 1:57am
Just open and learn about one currencies pair GBP/USD first, and open only two charts on Meta 4 = one 15 M chart and one 1 hr chart, confirm from 1 hr chart whether to buy or sell than look 15 M chart and place a order of any side which you think is best for you, forex is like driving a car (I think whole life is like driving your car) , as when you are on driving seat , you know where to turn right, left or break or back your car, no one can tell you from his car now turn right, left or break or back.
  • #270
  • Mar 7, 2016 2:06am Mar 7, 2016 2:06am
Quoting Mingary
{quote} just to make sure this is clear. therefore you believe they exist. it's not a fact, correct ?
Just as you have no facts that they do not exist. This works both ways.
If you are good at something, never do it for free--Joker
  • #271
  • Mar 7, 2016 2:12am Mar 7, 2016 2:12am
Quoting jmn5611
{quote} Just as you have no facts that they do not exist. This works both ways.
not the same at all.
one way (the way of the believer ... tends to lead to long lasting false assumptions)
  • #272
  • Mar 7, 2016 2:18am Mar 7, 2016 2:18am
Quoting Mingary
{quote} not the same at all. one way (the way of the believer ... tends to lead to long lasting false assumptions)
Link, please.
If you are good at something, never do it for free--Joker
  • #273
  • Mar 7, 2016 2:58am Mar 7, 2016 2:58am
Quoting jmn5611
{quote} Link, please.
Link ?
  • #274
  • Mar 7, 2016 3:05am Mar 7, 2016 3:05am
Quoting Mingary
{quote} ok, i'll play there is a 99.999999999999999999999999999999999999999999999999999999999 (to infinity) % chance that they are not legit. i would not want to come across as being close minded ... tell me again who they are and I will try to find out.
There is an old Indian saying....my English not good but it loosely means .....'Showing-off is a sign of an idiot or a cheat'....

Why would a real FX at-home millionaire spend hours going through this forum? Why would he give the proof of his earnings to satisfy someone's doubt? The important thing is not whether you believe in his existence, but whether you believe its possible or not. If you think you can only do things that has already been done by others, then you are letting others put limitations on your abilities. I am not a FX millionaire, but I think I can be, so can you!! You may call it my dream, but everything starts with a dream.

If I do become that one day, do you think that I would come here and prove you wrong? No!! I wouldn't!! Because I am not doing it to prove you wrong. Its simple as that.

If someone tells me to prove my existence by showing my birth certificate and all, I wouldn't do that either. Because it doesn't matter to me whether someone believes in my existence or not, I know I exist. But if I am getting something in return, I might try to prove my existence. Why don't you offer some incentive for an FX at-home millionaire to come forward if you are so sure about their non-existence? Maybe someone will come forward.

Otherwise, if someone comes out just to prove you wrong, then most probably that someone is 'showing-off' his achievements. Which is a sign of him being either an 'idiot' or a 'cheat'.

Fx at-home millionaire, I hope I become one, and I hope you find one
  • #275
  • Mar 7, 2016 3:06am Mar 7, 2016 3:06am
Quoting Mingary
{quote} Link ?
Where is your proof of the statement below?

Quoting Mingary
{quote} not the same at all. one way (the way of the believer ... tends to lead to long lasting false assumptions)
If you are good at something, never do it for free--Joker
  • #276
  • Mar 7, 2016 3:20am Mar 7, 2016 3:20am
This is the guy who burned my account

http://www.forexfactory.com/showthread.php?t=554550
  • #277
  • Mar 7, 2016 3:28am Mar 7, 2016 3:28am
Quoting Piquant
{quote} Are you speaking from personal experience or ??

Not just my experiences, but many others
  • #278
  • Mar 7, 2016 3:29am Mar 7, 2016 3:29am
Quoting fxstaton
This is the guy who burned my account http://www.forexfactory.com/showthread.php?t=554550


Well, you live and you learn I guess.
If you are good at something, never do it for free--Joker
  • #279
  • Mar 7, 2016 4:58am Mar 7, 2016 4:58am
Quoting fxstaton
This is the guy who burned my account http://www.forexfactory.com/showthread.php?t=554550
What kind of deal did you make? What were the conditions?


What would happen in case of loss?
  • #280
  • Mar 7, 2016 5:05am Mar 7, 2016 5:05am
Quoting fxstaton
This is the guy who burned my account http://www.forexfactory.com/showthread.php?t=554550
No, no, no! Don't trust your money to anyone. Do it yourself! There are no shortcuts, no spoon feeding, but plenty of free resources. Go and learn it yourself. To be successful, you only need to find one niche or peculiarity in the market, which could be one pattern on one pair. That, is your edge. Edge is not jumping onto a fast moving train along with everyone else. Look for it yourself. They exist.
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