Who is the most profitable trader on Forex Factory? | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Are there actually any profitable traders on Forex Factory? 6 replies

Profitable Scalping for the Retail Trader 135 replies

Most Helpful Threads on Forex Factory 6 replies

Integrated forex factory news results into meta trader 4 2 replies

Who is a "Constantly Profitable Trader"? 23 replies

Attachments: Who is the most profitable trader on Forex Factory?
Exit Attachments

Who is the most profitable trader on Forex Factory?

  • #101
  • Edited 3:22pm Nov 29, 2016 2:55pm | Edited 3:22pm
Here a documentary about the FX marked in 1985 (31 years old). It's about 2 dealers and a wealth manager from Hong Kong, London and New York. It could give you some perspective what were the realistic returns from prop trading from the top dogs back then.

Inserted Video


You can fast-forward to 26:25 min: "...in the ten, exhausting hours Richard has been to work, the pound has moved up and down 2 cents. He made just under 100,000 GBP for the bank, buying and selling 750 MILLION of them" [that means 0.0001(3) % return from multiple trades]


" Ronnie, Richard an William, between them made over a 100,000 GBP through this this day buying and selling more than 1 BILLION DOLLARS..."

Basically in the video they are gambling on the news, disguising trades and the only differences with the retail traders are the amounts and leverage - trading the bank's money probably means 1:1 leverage ratio.
  • #102
  • Dec 3, 2016 12:35pm Dec 3, 2016 12:35pm
Quoting cat
I'm Spartacus...
I'm Spartacus !
every Saint has a past. Every Sinner has a Future
  • #103
  • Dec 3, 2016 1:00pm Dec 3, 2016 1:00pm
Quoting turnip15
{quote} I'm Spartacus !
What do you min ?
So I'm Gladiator
  • #104
  • Dec 3, 2016 6:29pm Dec 3, 2016 6:29pm
Quoting Raynor
Here a documentary about the FX marked in 1985 (31 years old). It's about 2 dealers and a wealth manager from Hong Kong, London and New York. It could give you some perspective what were the realistic returns from prop trading from the top dogs back then. https://www.youtube.com/watch?v=TxlTHZ0GmxU You can fast-forward to 26:25 min: "...in the ten, exhausting hours Richard has been to work, the pound has moved up and down 2 cents. He made just under 100,000 GBP for the bank, buying and selling 750 MILLION of them" [that means 0.0001(3)...
Wow that`s a great clip from the Gordon Geko days......leverage has certainly changed trading.....back then it took 3 teams of traders all day to net 100k....now a guy sitting in his underware at home[hopefully at home] can do it himself with 500 to 1 leverage......one thing that has not changed incenturies is the trader needs an edge and steely nerves
  • #105
  • Dec 4, 2016 4:39am Dec 4, 2016 4:39am
Quoting HudithePfupf
Cogsx86, Mingary summarized it quite well. First of all it is important to understand that forex is a zero sum game, the profit of one participant is the loss of an other. There is absolutly no productive element in it. Because brokers / liquidity providers / market makers / trading desks etc. apply spread, asymmetric rollover and commissions, they can skim of hudge profits with little risk. This bill seems to be small at first sight, but if you look at it in detail you realize it is crucial. This makes it for all other participants that have to...
That's why you're still here typing this useless shit.
i bet you're just some 40 years old dude that's broke , i'm 20 i'm sure that i'm way more successful than you.

well i made it by trading Forex, am i lucky ? yes , i mean why not 90%skill 10% luck, so i'm lucky for sure
but i'm rich because of Forex

well it doesn't really matter because you don't believe in anything and this is internet so no one is right.

i guess you're Mingary
  • #106
  • Dec 4, 2016 5:28am Dec 4, 2016 5:28am
Quoting TwFXtrader
{quote} That's why you're still here typing this useless shit. i bet you're just some 40 years old dude that's broke , i'm 20 i'm sure that i'm way more successful than you. well i made it by trading Forex, am i lucky ? yes , i mean why not 90%skill 10% luck, so i'm lucky for sure but i'm rich because of Forex well it doesn't really matter because you don't believe in anything and this is internet so no one is right. i guess you're Mingary
EXACTLY! Losers always try to bring down others with them because they failed. They think no-one can make it ''just'' because they didn't. Thats so selfish. Its like living between hatred that continuously tries to f*ck you over. No wonder this forum is full of losers.
  • #107
  • Dec 4, 2016 1:49pm Dec 4, 2016 1:49pm
Quoting TwFXtrader
{quote} That's why you're still here typing this useless shit. i bet you're just some 40 years old dude that's broke , i'm 20 i'm sure that i'm way more successful than you. well i made it by trading Forex, am i lucky ? yes , i mean why not 90%skill 10% luck, so i'm lucky for sure but i'm rich because of Forex well it doesn't really matter because you don't believe in anything and this is internet so no one is right. i guess you're Mingary
Very well said dear...
Trading is not for every one but those who mold himself like water....
 
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -557
  • #108
  • Dec 4, 2016 2:51pm Dec 4, 2016 2:51pm
Quoting Mingary
{quote} No one wants to point out the elephant in the room. "retail traders are unable to be discipline enough to overcome the hurdles that the market puts in front of a trader ?" Perhaps no amount of discipline and training is enough to overcome these hurdles... For someone that may be almost impossible, for anyone it's not possible a all. As a matter of fact I have 100 % certainty that someone is making money in the forex right now. On the other hand, there is 0 % certainty that joe blow (i.e a particular individual) is making money in the forex...
This might change your mind.http://www.forexfactory.com/denforex
100% KENYAN.
  • #109
  • Dec 4, 2016 3:47pm Dec 4, 2016 3:47pm
Quoting Mingary
Very few are profitable short term and no one is profitable long term
Here you are again saying shit like this...shutup already
  • #110
  • Dec 5, 2016 1:51am Dec 5, 2016 1:51am
Quoting wowzers
{quote} Here you are again saying shit like this...shutup already
Don't want to rain on anyone's parade but due to the extreme lack of evidence ... perhaps you can settle this issue once and for all ?
  • #111
  • Dec 5, 2016 4:25am Dec 5, 2016 4:25am
Once again, good job, Mingary.

TWfxtrader: Is it fun playing with daddy's money and posting daddy's Mercedes? If I look through your posts it's clear to me that your story won't have a happy end. Instead of gambling forex at your age you would be far better off investing your time in education and aim for a real productive job.

Noorx: Same advice might fit you too.

However, those who want so desperatly jump into the forex abyss.... I have no problem with that - everyone should have the right to ruin himself. Neither should you have a problem with people that just deliver facts that retail forex is purely made to extract money from guys like you and keep on reminding newbies about the absence of facts that one can be successful as a retail forex trader over a longer period of time.

If you guys would be truely successful you wouldn't feel the need to post what you post. Much more likely you are struggeling on your way to profit and think critics will impact your motivation and hinder you to become successful. Your unconscious mind does already know that we are telling you the truth, but your forex industry conditioned conscious mind doesn't admit to take a step back and rethink your current path in a objective, neutral way. You just invested to much screen time to admit faillure and tasted what the combination of luck and extrem leverage. At one point in the future you will recognize what it does to your brain.... gambling addiction is a terrible thing.

So see my advice as a contribution to reduce gambling addication and to keep a parasitary, rotten industry in check. Is that a bad thing to do?
I don't think so and at one point you will understand that my intentions are good.
  • #112
  • Dec 5, 2016 4:43am Dec 5, 2016 4:43am
Quoting HudithePfupf
Once again, good job, Mingary. TWfxtrader: Is it fun playing with daddy's money and posting daddy's Mercedes? If I look through your posts it's clear to me that your story won't have a happy end. Instead of gambling forex at your age you would be far better off investing your time in education and aim for a real productive job. Noorx: Same advice might fit you too. However, those who want so desperatly jump into the forex abyss.... I have no problem with that - everyone should have the right to ruin himself. Neither should you have a problem with...
ok ok ok i get it
your're right

whatever you said is right .


Well have fun working for Forex Factory and enjoy this kind of lifestyle you have right now.
i know this is your job and you do this for a living.
just remember to go out and take a walk once in a while , sitting in front of the computer for so long is not good for your old body .
  • #113
  • Dec 5, 2016 5:06am Dec 5, 2016 5:06am
The most profitable trader http://www.forexfactory.com/espenoza with 563.5% return
  • #114
  • Dec 5, 2016 4:01pm Dec 5, 2016 4:01pm
Quoting javad.111
{quote} What do you min ? So I'm Gladiator
Inserted Video
  • #115
  • Dec 5, 2016 4:19pm Dec 5, 2016 4:19pm
Quoting cat
{quote} https://www.youtube.com/watch?v=FKCmyiljKo0
I had to laugh albeit it is sad that some people lack a basic knowledge of the arts.
every Saint has a past. Every Sinner has a Future
  • #116
  • Dec 6, 2016 4:12am Dec 6, 2016 4:12am
Quoting turnip15
{quote} I had to laugh albeit it is sad that some people lack a basic knowledge of the arts.
I think it's probably more of a generational/cultural thing, though anyone in the English speaking world who hasn't seen the original film with Kirk Douglas has missed one of the Hollywood greats that's for sure.
  • #117
  • Dec 6, 2016 12:48pm Dec 6, 2016 12:48pm
Quoting Mingary
{quote} Don't want to rain on anyone's parade but due to the extreme lack of evidence ... perhaps you can settle this issue once and for all ?
It seems you have a short-term memory. I called you out on this very same thing in the past and you conveniently didn't respond.

You're always squawking in the forums about how beating the forex market is impossible and everybody loses and blah blah blah and other assorted nonsense of your's.

The truth is your a big hypocrite. Why are you asking for proof from elsewhere when you trade the market profitably yourself and have shown this in your own thread....so why bullshit people? why de-moralize them you dumbass?

Here's your most recent-pic of your TE. Now you can say "it could be a demo" or some other Mingary non-sense drivel but most likely not as you were showing a profitable live account in 2014 and your comment on this pic suggests that it is LIVE money. No one is gonna thank someone else for demo money, no one is that stupid. Not even you.

Attached Image (click to enlarge)
Click to Enlarge Name: stupid mingary.png Size: 63 KB



Also...this may also be a twisted way of promoting yourself by waiting for someone like myself to point out the hypocrisy of your statements and if that's the case I am fine with outing you as an egomaniac instead. There's really nowhere you can go with this.
  • #118
  • Dec 6, 2016 1:18pm Dec 6, 2016 1:18pm
Those who make big money trading Forex are not interested in here. It's hard to get them to show up and say "I make $$$$$$$".
Every trader needs an emotion risk manager
  • #119
  • Dec 6, 2016 3:50pm Dec 6, 2016 3:50pm
Quoting iffikhan
The most profitable trader http://www.forexfactory.com/espenoza with 563.5% return
with a 100% drawdown ...

http://www.forexfactory.com/espenoza#acct.52-tab.report
  • #120
  • Dec 6, 2016 6:21pm Dec 6, 2016 6:21pm
The best trader I know personally now lives here in the Philippines. T started in retail FX 20+ years ago when honest brokers were the exception unlike today. Over the years on his journey to success he saw it all. He made and lost a lot of hard earned cash for the better part of a decade teaching himself how to trade. The over riding trait I see in T is that he never gives up. A true student of life he views every hard knock as a valuable learning experience. He had a crooked Canadian brokerage house take flight with his account. Total hit was $800,000. None of it recovered. He simply started again.
Now T only trades long term positions. His current trade has been short EUR/USD going back 3 years. He checks the price every 4-6 weeks. This is a mid 7 figure position. Let that sink in for a second.....I know people will call bull shit but I have seen it with my own eyes.
In the past he scalped and swing traded to where he is now. His charts are clean. 1 MA and stochs. That`s it. One of his little party tricks he likes to pull on me over coffee is to take a 1 mini lot position based on a coin toss. He instantly starts to manage the trade[hedge if its warranted] and more often then not will close in profit within an hour.
T always says "Trading is a simple business. If you complicate it you will fail."
What does this have to do with this thread? Well up until 5 years ago T was very active on FF forums.
Best of luck to everyone here...
2 traders viewing now