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Attachments: 50 to 22000 in one week
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50 to 22000 in one week

  • #2,821
  • Nov 12, 2016 6:48am Nov 12, 2016 6:48am
Ok, I will not launch my website with subscriptions. I have decided to create my own blog, totally free. Maybe you will be more happy with that.
But I have one condition...1000 followers on twitter (@ChallengerFxFr) and I launch it with live trades and a great new challenge (double your capital every day)

Bag
  • #2,822
  • Nov 12, 2016 7:10am Nov 12, 2016 7:10am
Quoting bagXpert
Ok, I will not launch my website with subscriptions. I have decided to create my own blog, totally free. Maybe you will be more happy with that. But I have one condition...1000 followers on twitter (@ChallengerFxFr) and I launch it with live trades and a great new challenge (double your capital every day) Bag
Put back the trade explorer, so we can see your account drainage to 0. There is nothing to hide, right?

So, why need for a new blog? The one you already have is not good enough: https://twitter.com/ChallengerFxFr ?


Dont you like to be accountable?
  • #2,823
  • Nov 12, 2016 7:15am Nov 12, 2016 7:15am
Quoting bagXpert
Ok, I will not launch my website with subscriptions. I have decided to create my own blog, totally free. Maybe you will be more happy with that. But I have one condition...1000 followers on twitter (@ChallengerFxFr) and I launch it with live trades and a great new challenge (double your capital every day) Bag
Your trading focus is totally wrong imo...double your capital every day doesn't make sense and will only lead to several blown up accounts.
Excellence is not an act but a habit.
  • #2,824
  • Nov 12, 2016 7:29pm Nov 12, 2016 7:29pm
Quoting Mingary
Perhaps it will sink in now for some: The only way to make money with forex is to offer some service for a fee.
Your always saying stuff like this and always being negative in general in regards to anyone making money trading forex and then you post a profitable live account of you doing what you sourly say is impossible?!
  • #2,825
  • Edited 10:48am Nov 13, 2016 10:37am | Edited 10:48am
Quoting bagXpert
Ok, I will not launch my website with subscriptions. I have decided to create my own blog, totally free. Maybe you will be more happy with that. But I have one condition...1000 followers on twitter (@ChallengerFxFr) and I launch it with live trades and a great new challenge (double your capital every day) Bag
hey Bag,

My 2 cents for below options.
option 1:

Your strategy try it on cent account (aka nano account)

  1. Nano Lot: $0.0001 per pip
  2. 5 reasons to trade with nano lots


You are pretty aggressive trader and don't use any MM when trading but you had some successful run too before wobbling better don't trade on standard lot and risk much is what i can think of .

option 2:

Trade on a demo starting with 1k and try to trade the same style as you generally use on live accounts what ever without any proper MM , by "law of averages" there is 100% chance your demo would blow out without doubt if you continue to trade the way u did on ger30/dax as in this trade explorer.

So now what we can do is "reverse" your demo account trades on a live account with 1/10th or lower leverage and eventually it will make some bucks once your demo goes kaput.. followed by "repeat and rinse" method - keep blowing demo n profit on live slowly...

Scoobi doobi doo
  • #2,826
  • Nov 16, 2016 11:47am Nov 16, 2016 11:47am
As expected and predicted:

Bagexpert holds the bag in the end and guess what's inside?
This is a perfect example of stupid overleveraging, endless margin calls and drawdowns of epic proportions. The role model of how to get ruined.
As proven in other posts - at least 99.9% of all retail traders lose money.

Best thing would be to keep the trade explorer visible....but I understand you have good reason to hide it.
  • #2,827
  • Nov 17, 2016 3:45pm Nov 17, 2016 3:45pm
Quoting Scoobidoobi
{quote} hey Bag, My 2 cents for below options. option 1: Your strategy try it on cent account (aka nano account)...
Good advice. The cent account is the king. I would not trade anywhere else. 10k is 1 mil usc. enough money to just feel comfortable, while trading.

Scoobidoobi, it did catched my attention how you liked post 2,820. I think, you have to be little bit extra careful, cause you might end up as a commercial member, here at ff. pretty much soon. i see a contradiction in between what you applause and do. somehow it is hard to convince me you are not doing hidden marketing of the ea you are trading the news with. if someone from ff sees this, i think you will be in trouble...
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Maadik Hugiis. IQ 69.
  • #2,828
  • Nov 17, 2016 3:53pm Nov 17, 2016 3:53pm
Quoting HudithePfupf
... As proven in other posts - at least 99.9% of all retail traders lose money...
yes. about 99.95% to 99.99% of all retail traders are nothing but net losers. every LP and broker is fully aware about this simple fact of trading.

forex trading could be non-zero sum game for the retail traders, but then, it will be a zero sum game for the bankers. and as we all know, the bankers never lose. so, the zero sum game award goes right to us!
Maadik Hugiis. IQ 69.
  • #2,829
  • Nov 19, 2016 9:01am Nov 19, 2016 9:01am
Quoting MoneyZilla
{quote} yes. about 99.95% to 99.99% of all retail traders are nothing but net losers. every LP and broker is fully aware about this simple fact of trading. forex trading could be non-zero sum game for the retail traders, but then, it will be a zero sum game for the bankers. and as we all know, the bankers never lose. so, the zero sum game award goes right to us!
thanks zilla
Scoobi doobi doo
  • #2,830
  • Nov 20, 2016 9:45pm Nov 20, 2016 9:45pm
i miss this thread.
ghostbikers BS has killed this one.
  • #2,831
  • Nov 20, 2016 11:27pm Nov 20, 2016 11:27pm
Quoting goldfinger
i miss this thread. ghostbikers BS has killed this one.
agree...

totally BS
  • #2,832
  • Nov 29, 2016 12:37am Nov 29, 2016 12:37am
I haven't checked this journal for a long time. I am amazed to see that bagXpert after loosing for weeks has now tried to charge people
. Imagine if he was lucky for a month and then started charging for signals, most of us would have given him our monies.
  • #2,833
  • Nov 29, 2016 5:54pm Nov 29, 2016 5:54pm
Quoting Mingary
Perhaps it will sink in now for some: The only way to make money with forex is to offer some service for a fee.
Your life motto = If I can't do it, nobody can.
Everyone can see the chart, but only a few can actually read it.
  • #2,834
  • Nov 30, 2016 12:41am Nov 30, 2016 12:41am
Quoting OnlineAddict
{quote} Your life motto = If I can't do it, nobody can.
I am not saying "I can't do it", I am saying that retail forex as a whole is a loser's game.
  • #2,835
  • Nov 30, 2016 2:35am Nov 30, 2016 2:35am
Quoting Mingary
{quote} I am not saying "I can't do it", I am saying that retail forex as a whole is a loser's game.
Because
1) you were blindly following somebody's else's advices , so basically you have been taught how to lose.
2) you didn't spend enough time backtesting & forwardtesting with SMALL amounts.
  • #2,836
  • Nov 30, 2016 2:51am Nov 30, 2016 2:51am
Quoting MoneyZilla
{quote} yes. about 99.95% to 99.99% of all retail traders are nothing but net losers.
The success rate in the long term is around 0.5-1%. Still it's irrelevant because the initial investment is small.
  • #2,837
  • Nov 30, 2016 3:02am Nov 30, 2016 3:02am
Quoting HeyYou
{quote} The success rate in the long term is around 0.5-1%. Still it's irrelevant because the initial investment is small.
What success rate? Who cares if his initial capital was small? The fact is this: he sat on this for 3 months, gambling day in day out, blew up half of his early lucky profits and finally resigned and kept remaining couple grands for beer. Game over. In a meanwhile any other professional in any industry made 10 times more, risk free.

And he could never do it with 10 times more initial capital, which would be more than beer money, because he simply would meld down psychologically. It is not financial success, it is entertainment.
  • #2,838
  • Nov 30, 2016 3:14am Nov 30, 2016 3:14am
Quoting HeyYou
{quote} Because 1) you were blindly following somebody's else's advices , so basically you have been taught how to lose. 2) you didn't spend enough time backtesting & forwardtesting with SMALL amounts.
No, it really is - as a whole.
It's a fact.
On average the total amount of customer funds in Retail Forex are reduced period by period by the amount of the transaction cost for the period.
Some accounts will be up, most will be down, but the funds leak out as revenue to the broker.
Therefore, they are always looking for new accounts to replace the lost ones ..
I am not saying that - for an individual - it's not possible to make a few pips here and there. I am saying that the total amount of all the customer funds that go into retail forex never grow over time.
  • #2,839
  • Edited 4:54am Nov 30, 2016 3:58am | Edited 4:54am
Quoting Mingary
{quote} No, it really is - as a whole. It's a fact. On average the total amount of customer funds in Retail Forex are reduced period by period by the amount of the transaction cost for the period. Some accounts will be up, most will be down, but the funds leak out as revenue to the broker. Therefore, they are always looking for new accounts to replace the lost ones .. I am not saying that - for an individual - it's not possible to make a few pips here and there. I am saying that the total amount of all the customer funds that go into retail forex...
You're treating trading like a casino game. I treat it as a second job where I can succeed or fail depending on my attitude and knowledge. If I'm lazy, reckless, dependent or I'm dreaming I fail, plain simple. If i fail I don't cry in the end it's just a job, what's all this complication, take it easy, simply do something else if you get no results !
  • #2,840
  • Nov 30, 2016 4:28am Nov 30, 2016 4:28am
Quoting HeyYou
{quote} You're threating trading like a casino game. I threat it as a second job where I can succeed or fail depending on my attitude and knowledge. If I'm lazy, reckless, dependent or I'm dreaming I fail, plain simple. If i fail I don't cry in the end it's just a job, what's all this complication, take it easy, simply do something else if you get no results !
It is a casino. If it it is a business then it's glorified gambling.. I have no problem with that.
It's not a question of getting results or not and what one must do to achieve these results.
it's a question of "territory"
One may believe that one has a "good map" unfortunately the map is not the territory.
The map will take you out sailing on a clear day, you will come safe and what a great day that was !
The map will take you out to sea again ... this time the huge storm sinks the boat and all ...

Understand the territory, it's a lot better than any map ==> "treat it as a second job where I can succeed or fail depending on my attitude and knowledge. If I'm lazy, reckless, dependent or I'm dreaming I fail, plain simple" <==. ever conceived!
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