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  • #581
  • Mar 14, 2016 10:58pm Mar 14, 2016 10:58pm
Quoting TudorIoan
{quote} Try everything you can think of. The only important thing is to have very long term a consistent-constant result. direction doesn't matter. NOBODY LOSSES ALL THE TIME! ...oh, sorry, they do! But if you're loseing all the time, (that's why you need an experimental demo account) consider yourself a lucky guy because you got a constant outcome and you can overturn everything you do anytime, just flip it over! (but you really need to make sure that the results of the strategy you're running are going constantly in one way for some time like...
Thank you I will !!
I am fickle and impatient. That's just how I am. Never thought this would hinder me from succeeding in fx until I started losing. So trying to be constant in my method is twice as hard for me than someone who's less fickle and patient than me. But I'm working on it and I hope to I will get better. Its disheartening to know that your method works but you can't make it work. If that makes any sense.
...
  • #582
  • Mar 15, 2016 9:11am Mar 15, 2016 9:11am
Quoting mzvega
{quote} Are you refering to "MIT - Massachusetts Institute of Technology"?
no, Market Traders Institute, it's an educational forex company based in Orlando, FL
  • #583
  • Mar 15, 2016 2:40pm Mar 15, 2016 2:40pm
Quoting HeyYou
Even the s**ttiest trend following system can produce consistent profits. I found at least 4 profitable systems. Check out this, backtested from 2000.1.1 to 2016.3.10, - 20 pips of spread. Here we use simple candletstick analysis, no fancy indicators {image} This one uses indicators based on MA's (they are all, actually) {image} This one (my favourite) trades HH's / LL's {image} I used fixed lots so you can taste the consistency, but don't bee too impressed as it can actually produce 70% PA with proper risk management, some more, some less. Some...

Did you find these systems through these forums or any other forex forums?
If so, could you elaborate on them, which systems are they?
  • #584
  • Mar 15, 2016 3:01pm Mar 15, 2016 3:01pm
Quoting wowzers
{quote} Did you find these systems through these forums or any other forex forums? If so, could you elaborate on them, which systems are they?
My dear wow, nowhere in my profile I wrote that I'm santa Claus . Long time ago I ignored your PMessages and that's the reason!
  • #585
  • Mar 15, 2016 3:36pm Mar 15, 2016 3:36pm
Quoting HeyYou
{quote} My dear wow, nowhere in my profile I wrote that I'm santa Claus . Long time ago I ignored your PMessages and that's the reason!
So the reason is that you don't live in north pole? :-)

I figured if you take from people maybe you would feel like giving back?

But I guess not :-(
  • #586
  • Mar 15, 2016 4:13pm Mar 15, 2016 4:13pm
Quoting wowzers
{quote} So the reason is that you don't live in north pole? :-) I figured if you take from people maybe you would feel like giving back? But I guess not :-(


Living under the ice doesn't make me Santa either... an Eskimo at most, but eskimoss eat fish, I don't. All that I can give back is hope, no one taught me anything.
  • #587
  • Mar 15, 2016 6:41pm Mar 15, 2016 6:41pm
Quoting HeyYou
{quote} Living under the ice doesn't make me Santa either... an Eskimo at most, but eskimoss eat fish, I don't. All that I can give back is hope, no one taught me anything.
Youre right. Good luck to you.
  • #588
  • Mar 16, 2016 12:26am Mar 16, 2016 12:26am
Quoting Fx 35
{quote} Yes man, I'm 5 years with MTI, it's the best thing I've ever done in my life, as you said, "success is not a fantasy, its a formula"


That's Wonderful man!
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #589
  • Edited 7:50am Mar 16, 2016 7:38am | Edited 7:50am
Quoting fxstaton
I have no luck in forex. Initial period I get profit, and few months all profits and capital are gone. I think I am not suitable in forex and will quit all and back to work
I bet this was one hard decision , I always have wondered if there is a trader that wins all the time with no losses. After some time of recovering you could come back into the market stronger . All the best of luck
  • #590
  • Mar 16, 2016 10:08am Mar 16, 2016 10:08am
Nice read all the way, been very informative and useful for forex noob like me. thanks people
  • #591
  • Mar 16, 2016 3:30pm Mar 16, 2016 3:30pm
Quoting valita
If you are talking about luck on forex yoy dont understand the concept ,this is not the lottery were you need luck to win here you need consistency, focus and disipline to learn everithing and find the way its better for you ,if you are talking about LUCK is because you dont even start with the basic forex .
Very good indeed...
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -2,370
  • #592
  • Mar 16, 2016 3:51pm Mar 16, 2016 3:51pm
Quoting ShahroozGh
Hi everyone I have this issue too . I loose many many many money in 18 months Now .... I am done no Money.....But i have hope to start again and again and again what should i Do ????
What kind of strategy u use...
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -2,370
  • #593
  • Mar 16, 2016 5:24pm Mar 16, 2016 5:24pm
Quoting mohsinali
{quote} What kind of strategy u use...
Here's an idea - keep trading exactly the same way, create a signal selling business, when publishing the signal just replace buy with sell !!! Amazing idea, you can get 5000 followers, say they pay you 20 a month. You will be millionaire. .... 10% for me..........Here's second idea - look at your past trades, don't ask people.
Beware of robber banks (RB), bad advisors.
  • #594
  • Edited 4:17am Mar 17, 2016 3:54am | Edited 4:17am
Quoting mohsinali
{quote} What kind of strategy u use...
That does not matter, there is no strategy that works. Forex is full of dreamers, not realists.

Think about it: If there would be a working strategy, you could just apply it and become a millionaire in no time. That's not how it works.

Many Newcomers dream about an EA (without having much Knowledge about the markets, let alone programming) which they just can run on a Server and start to earn money. However there is no profitable EA.
Forex is a losers game.
  • #595
  • Mar 17, 2016 9:12am Mar 17, 2016 9:12am
Quoting trader121
{quote} That does not matter, there is no strategy that works. Forex is full of dreamers, not realists. Think about it: If there would be a working strategy, you could just apply it and become a millionaire in no time. That's not how it works. Many Newcomers dream about an EA (without having much Knowledge about the markets, let alone programming) which they just can run on a Server and start to earn money. However there is no profitable EA.
Not true. Just look here:

http://www.forexfactory.com/showthre...02#post8820202
  • #596
  • Mar 17, 2016 9:18am Mar 17, 2016 9:18am
Quoting mrhigurashi
{quote} Not true. Just look here: http://www.forexfactory.com/showthre...02#post8820202
Careful ... is a scam.
  • #597
  • Mar 17, 2016 9:32am Mar 17, 2016 9:32am
Quoting seahorse
{quote} Careful ... is a scam.
But look how many followers he has. Must be real! He blocked me from the thread... i wonder why
  • #598
  • Mar 17, 2016 10:17am Mar 17, 2016 10:17am
Quoting mrhigurashi
{quote} Not true. Just look here: http://www.forexfactory.com/showthre...02#post8820202

Great. I was wrong, thanks, you made my day. Finally there is a strategy that works.

140x the balance of a live account in 30 hours. Thanks again.
Forex is a losers game.
  • #599
  • Mar 17, 2016 10:19am Mar 17, 2016 10:19am
Quoting trader121
{quote} Great. I was wrong, thanks, you made my day. Finally there is a strategy that works. 140x the balance of a live account in 30 hours. Thanks again.
  • #600
  • Mar 17, 2016 1:16pm Mar 17, 2016 1:16pm
Quoting trader121
{quote} That does not matter, there is no strategy that works. Forex is full of dreamers, not realists. Think about it: If there would be a working strategy, you could just apply it and become a millionaire in no time. That's not how it works. Many Newcomers dream about an EA (without having much Knowledge about the markets, let alone programming) which they just can run on a Server and start to earn money. However there is no profitable EA.
Unfortunately this is the hard truth, reality would not change many traders hope for an EA profiting all the time. There are strategies that work but hard work are put into them , they(strategies) dont just make them selves working all the time .
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