Forex is a scam - page 2

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Boris Gulikov:

The broker simply passes on information about his positions to the market maker, who moves the market however he wants, in order to dump the guy.

Everything is clear!

No other way) And in fact acting like everyone else is draining with everyone else. The price has no reason to move further.

 
ilya_v:

Below are pictures of my 6 different drained accounts with a few kilobucks.

On different pairs.

At different times.

The last picture is the current euro.

A coincidence? I don't think so )


And you compare these charts with charts from other companies and if they are different, then yes, cheating, but if they are the same, sorry, bad luck, try again.
 
How many kilobucks do you have to have to endure so much at the Clockwork!!!!! Not to mention the nerves... Oh, man... I'm doing it with M1 and other timeframes to understand the big picture, because everything happens on a minute! It's very difficult to catch the flip-flops to get a large movement and the nerves are not enough to catch it! But anyway it's interesting to research the market, I treat it as a hobby... I've been losing money for 8 years, but I don't risk much, I don't understand anything anyway)))) I also lost a shitload of money in the beginning! So, if you're interested as a hobby, drop the small stuff, maybe once you'll come to an understanding... If you're interested, I can share your terminal settings and how they help me see the market.
 

Александр Кулев:
8 лет постоянного слива, но большие суммы не рискую ставить, один хрен ничо непонимаю)))

@

If interested, I can share my settings in the terminal, what and how it helps me to see the market.

Very interesting!

 
ilya_v:

Below are pictures of my 6 different drained accounts with a few kilobucks.

Coincidence? I don't think so )

So what prevents you from opening trades backwards from another account? To neutralise the malice of the market!

 
Ramiz Mavludov:
I see. To the factory then, it's all fair.

To the factory! Yes! To the factory!

 
ilya_v:

Below are pictures of my 6 different drained accounts with a few kilobucks.

On different pairs.

At different times.

The last picture is the current euro.

A coincidence? I don't think so )


You should not think about making money on forex, it's hopeless! All traders lose! At best they only make some money by accident...

 
It is not possible to earn a steady income in the stock market or forex market by conventional means. Market distributions are not normal in the Gaussian sense and cannot be predicted (fractal distributions); equally, algorithmic systems cannot steadily earn money, because market phases are constantly changing (chaotic dynamics). An attempt to beat the market by "normal" methods is doomed to failure. A trader will have to face negative expectation, global volatility, instability of statistical patterns and unexpected volatility changes. None of the methods described in books or taught in courses actually work, they can work only by chance under favorable conditions. Thus, the trader must win, despite the fact that the theory of probability works against him, he must counteract the negative mathematical expectation with something much stronger, than the usual analytics. It means that he must turn to the backside of the market, to the dark side of the financial reality - to the real occult financial magic. He must sell when others are buying and buy when others are selling.
 
The following will be some commentary. The idea of the grail as a loss-free system, or liberation from loss in general, is close to the concept of liberation from worldly suffering that pervades all Eastern teachings. Hindus see it as the merging of the Atman and Brahman, Buddhists see it as awakening, dissolution and extinction (nirvana), even Sufism has a similar process - fan (dissolution). These concepts are often understood superficially, for example, one of the meanings of the word "fan" is "decay", "death", and the same is true of nirvana. Sometimes some misuse it, and either jokingly or deliberately, they constantly remind us that "all is dust", which often looks completely inappropriate. In reality the expression has a double bottom, just as it is the equivalent of "tat tvam asi" or "Atman is Brahman", but there is something else behind it. Buddhism says that there is dukkha (suffering) and there are these words: 'everything is dukkha', but it goes on to say that dukkha has causes and there is a way of deliverance, which in trader's language would be: there are losses, but they have causes and a way of deliverance from them. Next, let's move on to more practical aspects. It was stated earlier in the mql5 forum, in the branch of doughnuts, that in order to get rid of losses one should open transactions at a point of time when the line of the parametric function is known, beyond which the price is prohibited to pass due to large-scale and other reasons related to the volatility character, and thus a reasonable trader will put stops behind this line and will constantly be in profit. It should also be noted that there is a more general formulation of this principle: one should start trading in the system at the moment when the situation is identified that it will not be worse than it is now. Thus, a trader who starts trading at the moment when "it will not get worse" is obviously in a favorable situation. In addition, we could note a deep symbolic connection: the projection of the cocoon of volatility and the rainbow tigle and rigpa in the Tibetan Buddhism, but that will be a separate story. Nevertheless, it will not escape the careful researcher that rigpa is the original state, which can be understood as singularity as well as absolute nothingness, shunyata, emptiness, abyss, and a return to this state can also be understood as "corruptibility", observing it from outside. For some strategies the expansion of the volatility cocoon is useful, for others the contrary is useful, the contraction, the collapse, the destruction of the trend, the fracture, the fog. Thus, friction is an extremely important element in trading, and the inversion of friction generates profits.
 
Trading Tao. The Way of the Trading Samurai.

People of low status believe that the path of a trading samurai is his path to profit. Their ignorance should be treated with indulgence. People of high standing believe that the path of the trading samurai is the path of suffering. One should be sympathetic to their delusions. Through much thought, I realized that the path of the trading samurai is the path of ruin.

One should meditate daily on ruin. When you wake up, think about ruin; when you fall asleep, indulge in thoughts about ruin. Only by overcoming the fear of losing a deposit will you straighten your trading path. There is no dishonor in ruin, low and cowardly people are shaking for their money, while the samurai of trading has not money, but a way. The path must be followed resolutely and dispassionately.

Olga, the wife of a trader from Ultra Forex Broker, having softened after a good sex with a young lover, told him that she first felt a real orgasm only when the number of subscribers connected to the signal exceeded 10,000. Her lover, a man of low rank and close, from these words there was a spill of bile. Indeed, ignorance leads to suffering! A trading samurai must understand that for true freedom, a person does not need anything at all, except for electricity and the Internet.

Samurai Trading Terminal should always be enabled. Under no circumstances should the terminal be disabled. This is dishonor. The terminal is an electronic sword in your hands. The terminal is a leash that you humbly give to the whole world.

Well-being is imaginary and transient. Contempt for those deprived of well-being is unacceptable. Andrei from Super Forex Broker, having drunk too much, was walking with his girlfriend. Having met a group of young people in an alley, decompiling the indicator code from the forum, he said to his companion with a laugh, “What kind of people! They probably don't even have their own rebate! For which, not only was he beaten and the laptop was taken away, the girl also didn’t give him, because he was a rude person, and after this story the investor didn’t give him a deposit either. It should be remembered that only a few words separate you from trouble.

Freedom is only at the factory, trading is endless hard labor, there is nothing harder than trading.

Some people incorrectly believe that studying their own trading statistics harms and does not adorn anyone. We think otherwise.

You should always smile when an investor is joking. Laughing at the jokes of an investor is obscene and betrays a small soul. Men flatteringly laughing are cowards. Women who flatteringly laugh are harlots.

Taking on a trading system that is doomed to fail is the ultimate honor of a trading samurai.

Sergey from Extra Forex Broker was a negligent trader and displeased his investor. He ordered him to complete the trade and withdraw all funds from the account. On the day when the closing was supposed to take place, Sergey gave cognac to the whole office, showed a great mood and included several funny stories from anekdot.ru in the trading statement, which amused the investor a lot. Here is an example of decent behavior! Even a bad trader can complete a job with flying colors.

While a trading samurai must first and foremost honor the Tao of trading, there is no doubt that we are all negligent. Therefore, if you ask these days: “What the fuck?”, Only a few will answer without delay. And all because no one prepares himself in advance to answer such questions. This indicates that people forget about the Way. Neglect is dangerous.

People think that by talking a lot about complex strategies, they can figure them out. But by doing so, they only increase the number of false ideas. However, if you don't think about strategy when you're figuring it out, but remember that you have a schedule, your decisions are lightning fast and your judgments are right. Important questions should be answered in advance. Unimportant questions should not be answered at all.

It is a mistake to assume that the longer you think about the planned deals, the more successful options you will find. Thinking too much will only increase the amount of stupidity. All trade decisions must be made in seven breaths.

A woman, even with a beautiful appearance and good manners, does not cease to be a potential investor. You should unobtrusively and kindly remind her of this.

The future is the void of the unhappy. The past should be made the same emptiness. Many trading samurai have paid a heavy price for a stop loss that was not set on time or an erroneously set volume. Pay attention.

The trading samurai is sure to contemplate the chart, even when it's the weekend.

You should always take the best from people. Take the library from one, the indicator from the other, the money from the third.

It's very important to save face. If your face is always full of dignity, it inspires other traders and saves you from annoying curiosity. Therefore, no matter what you write about in telegram, your face should remain focused and impassive.

I have seen many embarrassing examples of rude treatment of technical support employees, call center specialists and marketers. This is deplorable. We must remember that workers in this area are good robots. They are devoid of human nature and deceive you based on the irresistible demand for nested instructions. You should save your emotions and feelings for the release of three-star news.

Within the current trading session , there is nothing other than the current trading session.

These days, many young traders write computational code from scratch, instead of using ready-made and proven libraries. This is deplorable, and speaks to us of illiteracy and inertia of the mind. You should study the experience of other traders. As you practice programming, use the power of libraries.

It is said that one should strive for simplicity. It is also said to strive for complexity. There is no contradiction in this. The complexity of a trading samurai is the complexity of his strategy. So you are open to the world. You are what you are. You are your terminal, your laptop, your VPS and your work template on the chart. Inside there is only room for emptiness. The ancients said that only by reaching a pure and unclouded look, you will comprehend the Way and the mouse will not falter in your hand.

When listening to the anecdotes of older and established traders, you should listen with deep attention, even if they are talking about things you already know. If, after hearing a story for the tenth or twentieth time, you suddenly understand something new for yourself, then this will be the moment of truth. And you will know the Grail. Or you will know that everything is rotten.

There is no doubt that fortitude is very important. Williams, Taleb, and Buffett agree on this.

There are cases when, even with a severed head, a trader made several transactions. The will and firmness of a trading samurai must be impeccable. Even after reaching a margin call, a trading samurai is able to come up with a new trading idea.

Victor from Mega Forex Broker told the story of how an elderly trading samurai from a hedge fund called his sons to him and told them that he had heard about a man who managed to win a martingale. With this story, he wanted to instill in children the will to win. But the sons only laughed irreverently and said that it was impossible to win at martingale. Then the father in anger deprived them of money for a deposit. Commenting on this story, Victor noted. They all did wrong. To believe that you can win at martingale is stupidity, to think that you will always lose is cowardice. In the choice between stupidity and cowardice, you should choose the third.

The home of the trading samurai is where the charger from his laptop is located.

Truly, there is nothing but the sole task of the present moment. The whole life of a person is a sequence of separate moments flowing into each other. If a person is fully aware of the current moment, he does not need to do anything else and there is nothing more to strive for. Live by staying true to the sole purpose of the moment. If you don't set a stop loss, don't go out to lunch.

The trading samurai doesn't care whether to drain the deposit or not. Both paths are equally desirable for him. Avoiding this is unacceptable. The choice is only between "trade" or "go to the factory." In avoidance, there is no choice.

The earning trading samurai looks no different from the draining trading samurai.

What is unimportant to some may be important to others. So, on the way to a Decent Deposit, it doesn’t matter to you who to sleep with - with the investor’s daughter or with the investor himself, but this can be significant for your friends, wife and colleagues.

Get motivated. The Grail awaits everyone who has comprehended the Path. Otherwise, you will end up at the factory.

It is impossible to quit martingale thinking about the dangers of martingale. It is also impossible to throw a martingale, setting yourself up in the right way and filled with determination. You can quit the martingale only by stopping doubling positions. This is true in all other respects as well.

One trading samurai at Hyper Forex Broker spent his day closing hundreds of positions that had been erroneously opened earlier - the creations of a buggy trading robot. The risk manager watching him remarked: “With his timely actions, the young man undoubtedly saved many investors. But it is also certain that by this he hopelessly spoiled his karma.

Deep knowledge of history and literature is commendable, but it is not worthy of a trading samurai to flaunt it unnecessarily. So, a wise and noble husband will not boast to an investor that he knows all the Egyptian and Sumerian kings by name.

It is often asked: "Is the Tao of trading open to women?" We are sorry and sad to say this, but the answer is yes, openly. And one can only hope that a woman who has set foot on this Path will not pass it to the end. For, having reached the final purity of the soul, it inevitably loses its human essence.

The above is true for a man, but he is not so sorry.

One trader in a minibus told me that he successfully applied some theorems from mathematical statistics in working at a lathe in a factory. Such knowledge should be treasured.

It is impolite to throw screenshots of successful transactions into a chat or post a statement at a meeting in order to show its profitability to the interlocutors. This can only cause pity and laughter. People who have achieved perfect purity and transparency of the soul do not need such a crude demonstration. Their system and statement are visible even when their laptop is closed and monitoring is disabled or non-existent. Their performance seems to shine through themselves. The sages of antiquity spoke about the same: “The master can be seen by the counter.”

You can earn fame by increasing the number of subscribers to your signal. You can earn fame for yourself by increasing the profitability of a pamm account. However, neither of these can impress the real investor. We need to learn from him about risk management and return dispersion. In other matters, the opinion of the investor should not bother you. A worthy husband will be given a deposit in any way. Otherwise, you should not strive for a deposit. The sages of antiquity also spoke about this: “You should not shoot yourself if you are afraid to stain the wallpaper with your brains.”

Talking angry and irritated to tech support, call center specialists, and marketers is like interfering in a dispute between lower-class squires. A trading samurai is always mindful of his level of discussion.

Dmitry from Best Forex Broker once witnessed how two of his colleagues were arguing in a smoking room on abstract topics. Both at the same time in their statements showed amazing stupidity and ignorance. The young man wanted to intervene decisively and angrily, but at first he thought before speaking. And in the end he remained silent. The next day, Dmitry discovered that one of the employees brought his account to a margin call by logging in under his login. Dmitry immediately wanted to punish the villain by hitting him with a chair, but, on reflection, he subdued his anger. Commenting on this case, we can say that the ability to think before speaking is undoubtedly useful and worthy. However, an even more useful quality is to apply this skill according to circumstances. There are situations in which you should first think, and only then act. There are situations in which you should act immediately, but it is not necessary to think at all. Knowing how to distinguish between them is equally important.

Once a wise man was asked what is the best way to cultivate accuracy and discipline in trading. The answer was: "You should open positions as if it were your own money, and soon you will find that the quality of your trading will improve." However, there are such traders who drain even their own deposits. Again and again. Nothing will help this.
People should not be loaded with knowledge beyond what they are ready to digest. It is in this that one should look for the reason why neither in the ancient mystical teachings is there a word about increasing the ratio of profitability / risk.

One often hears such statements: "You can lie to others, but never lie to yourself." One cannot agree with this. You can deceive yourself just as you can deceive others. However, you should always know why you are doing it. In general, there is less difference between you and those around you than you think. What works for them will work for you. Do not confuse your professionalism with the market trend.

There is no difference between trading and a factory. Of course, not counting the financial result.

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