I think it's the beta commercial "under evaluation" threads — Didn't know that you had to pay to feature on that section, not sure on that, but what is sure is that the wizard/fail better thread bigs up the paid for webinar each week ...

The life of a trading system on Forex Factory

I find all this guru/thread following nonsense quite sickening tbh — Particularly when you watch them prey on noobs. They know you can't teach discretion, and no mechanical system is infallible therefore in a quasi religious manner they ...

The life of a trading system on Forex Factory

Fail better; one other step you missed out in your analysis — When the cult following begins to copy the gurus new invented terminology and uses it retrospectively to super analyse the hindsight trades, just read on the fail better thread ...

The life of a trading system on Forex Factory

some good stuff in this thread.. — must be the old cynic in me but I've read it off and on over the past week waiting for the 'sell' to take place. Refreshing to see that there isn't one and it's just a good mixture of anecdotes and wisdom. ...

It's A Heart-Mind Game... Are You Ready?

But isn't all trading just a supposed cleverer form of betting? — Fx firms have (arguably) 20% successful clients, sports betting firms have circa the same. Therefore is betting on line on the horses, football or dogs any different to what we ...

The life of a trading system on Forex Factory

Your summary of the steps describes the "fail better" thread perfectly — However, if you look in/read any other forums, particularly the resting place for the terminally deranged that is trade2win, you discover that the most avidly ...

The life of a trading system on Forex Factory

Er ok..

Forex Social Network war!

So by following your logic you could simply, by a process of trial and error, lock onto one thread on FF such as James16? There is no special technology on a social network that isn't available through a forum, or text/ email..crowd sourcing, social ...

Forex Social Network war!

Well isn't FF, elite trader, fx fisherman etc just one big social blog of ideas? So what's the point? A few guys will attempt to monetize the impossible..

Forex Social Network war!

IMHO the copy trader fad will die a horrible death — It's simply a grave yard for failed eod traders

Forex Social Network war!

Bob Diamond posts on FF? Wow!

Why did YOU persist after years of unprofitable trading?

If you decided that you'll run in the final of the 100 metres at the Olympics, beating Bolt in the dip, to break the world record, do you think you'd achieve it? A never say attitude is under-rated were retail trading is concerned but it's only part ...

Why did YOU persist after years of unprofitable trading?

those noise bleeds will stop if you cease trading noise... *sorry, lame joke..

Why did YOU persist after years of unprofitable trading?

The never say die attitude — Although cliched it's very apt in retail trading.. Trading; "a birth by a thousand cuts.."

Why did YOU persist after years of unprofitable trading?

Yes, it is a political issue — And more tax needs to be raised, therefore take more money off the banks and introduce forms of super tax whilst raiding the offshore banks who have circa $16 trl of socially useless deposits..

Tobin Tax Effect on Forex

I wouldn't use any Cyprus based broker — A 'country' with a credit rating just above the junk status of Greece and a creaking disreputable banking system, that offers no credible security for your money, in the event an event horizon happens. ...

Anyone here use Etoro?

It'll never be introduced — Impossible to police, or administer on a worldwide basis. The compliance would cost more than the tax revenue collected..three letters "HFT", how could that possibly be taxed?

Tobin Tax Effect on Forex

2% is too much IMHO — One percent max..

When to break the 2% rule?

I disagree — Crosses are perfectly viable, consider CAD/JPY, a Petrocurrency trade versus a currency whose govt is desperately suppressing the value of in order to keep exports high. And that country is a net importer, circa 90%, of it's ...

Fail Better