Any real traders here making a profit? - page 4
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That disclaimer has always been there.
Then that's the first time I really read it ;)
No kidding, is there people who really read "user agreement" spammers ?
I agree with most of what you write, but the professionals are only looking for 4 to 5 opportunities a year.This is because high probability currency drivers are very rare and there are only t 4 to 5 opportunities a year, when markets will trend.
4 to 5 opportunities per year are too small, remember no one want to pay a huge amount of swap/commission. There are plenty opportunities during the year, you just need to stay on the trend, the W1 and M1 are there for you to speculate the trend direction which can change after a few weeks. The others TF are for you to trade, I will not talk much or explain any thing any more on this thread, I'm done, what ever you say after this conversation is your own understand and you can keep it to yourself or share it with others who want to spend their precious time discussing on an endless conversation, all the best to all of you, and trade safe.
Why is the commercial section in forex factory having 80 % of the threads?They failed and can't make money from trading.
Why are there more signal sellers and ea /indicator sellers , than I assume real traders?I am talking about all forums and okers forums , and all the regulars on them.
Any real traders here making a profit?
Some forums are sponsored by forex bucket shops; the content on these sites is to mislead new traders. There are no profitable traders on these forums; successful traders don’t hang around amateurs. In the trading gold rush, the biggest posters on forums are the trading gold rush merchants below
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In the California gold rush It was much more common for people to become wealthy by providing the miners with over-priced food, supplies and services. A store owner was the great beneficiary of this new found wealth. Prices increased rapidly and during this period his store had a turnover of $150,000 a month (almost $4 million in today's money). Another man who made his fortune from the gold rush. He owned a store . Trade increased dramatically during the years that followed the discovery of gold. It is claimed that he made so much money that he never needed to work again.Everyone is
Problem is, Everyone is trying to predict the direction of markets using all kinds of indicators. The market is 100% unpredictable so why waste time trying to predict it. Then there are those who try and trade the grid system in order to get around directional trading problems. However they don't have the correct approach either. Those who do have the answers are certainly not going to share them. So bottom line is there are traders making very good profit, but you won't find them on a forum. We need to work it out for ourselves.
Problem is, Everyone is trying to predict the direction of markets using all kinds of indicators. The market is 100% unpredictable so why waste time trying to predict it. Then there are those who try and trade the grid system in order to get around directional trading problems. However they don't have the correct approach either. Those who do have the answers are certainly not going to share them. So bottom line is there are traders making very good profit, but you won't find them on a forum. We need to work it out for ourselves.
Grid, martingale, hedging systems aren't rather than the solution the thing show to everyone thru many many many videos/ea ?
2 moving average are enough to make money, it doesn't work everytime, there's always wrong entries, but it's more than enough to live of trading.
Vigilance, watching at the charts all days long is difficult & make ppl give up !Problem is, Everyone is trying to predict the direction of markets using all kinds of indicators. The market is 100% unpredictable so why waste time trying to predict it. Then there are those who try and trade the grid system in order to get around directional trading problems. However they don't have the correct approach either. Those who do have the answers are certainly not going to share them. So bottom line is there are traders making very good profit, but you won't find them on a forum. We need to work it out for ourselves.
Most come to forums to have it handed on a plate, a free lunch from profitable traders.
most trading strategies are killed by greed. You're on the right track, but then you want more lol
Most trading strategies are not killed by greed.Traders destroy themselves by the enemy within.
This is why sun tzu is more relevant to trading, you really need EAS , because as you agree "the human brain is wired to lose in the markets".Already automation has taken over wall street.
wise men say few words
psychologist knows the enemy within, why ever trader self destructs to the inner demons, greed fear stress revenge trading etc etc etc etc
Yeah, sometimes the time is long, one may lose patience, cut the profits, panics ! For sure that's what kill traders ... not the indicators !
Yeah, sometimes the time is long, one may lose patience, cut the profits, panics ! For sure that's what kill traders ... not the indicators !
Technical skills are only 10 % of the skills required to be successful, system methods and risk management are 10 % , the 80 % are the mental and psychological skills.Trading is a mental sport, it requires doing nothing ,99% of the time, just like Warren Buffett.
That's why this Buffett quote remains a powerful life lesson. The mega-mogul said: