DislikedSome harsh reality..... There's little point claiming that it's possible to be systematically profitable at forex, especially in threads like this one.Ignored
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Abokwaik replies to PMs 95 replies
DislikedSome harsh reality..... There's little point claiming that it's possible to be systematically profitable at forex, especially in threads like this one.Ignored
Disliked{quote} Cheers mate....but I think your modest-self effacing nature does you an injustice H. It's a privilege having you on this forum mate. The ultimate sanity check for me :-) PS Regarding Fernadez's blog....I haven't got into it H....but it looks intense. I don't consider myself a quant by any means, but rather someone with an active interest in portfolio management with a risk management background (eg. a generalist rather than a specialist). It looks to be more down the line of Pip's, Gold the Hun or FXEZ's et al cup of tea. A lot of the Blog's...Ignored
DislikedSome harsher realities... Short-term price movement IS random. EVERY academic study ever done on the subject confirms this. If you deny it, then you're the one who is delusional. Now, there are some SCAMMERS here who want to give newbies false hopes in order to SELL their useless indicators. I won't mention names , but YOU KNOW WHO YOU ARE.Ignored
DislikedSome harsh reality..... There's little point claiming that it's possible to be systematically profitable at forex, especially in threads like this one. You'll likely be accused of delusion, deliberate misrepresentation, or even that you're working or shilling for a 'scam' brokerage (LOL). The naysayers ask to see profitable performance history as evidence, but when it's provided, they say that it's faked, or demo, or the result of blind luck. Naysayers have their own obsessive agenda,...Ignored
DislikedSome harsher realities... Short-term price movement IS random. EVERY academic study ever done on the subject confirms this. If you deny it, then you're the one who is delusional. Now, there are some SCAMMERS here who want to give newbies false hopes in order to SELL their useless indicators. I won't mention names , but YOU KNOW WHO YOU ARE.Ignored
DislikedI can't resist updating this post. I've been waiting ever-so-patiently for 12 months to get an update on my managed account. Since inception, there's now been 38 profitable months out of 38! The markets are NOT random !! Consistently profitable forex trading IS very possible !!Ignored
Disliked{quote} Hanover, please don't take this as an offence, but..... Why does it take 12 months to get an update? Is your money in a segregated customer account? Do you get a yearly position report directly from his broker or an independent third-party certification? What Due Dilligence have you done on that matter so far? Why do I ask? The statement looks like made in Excel. If this statement is made by the guy himself, he could extremly distort the real picture by smoothing it and show you whatever you want to see. Actually he could make any statement...Ignored
QuoteDislikedinteresting angle......
QuoteDislikedplease don't take this as an offence, but.....
DislikedI am searching for an indicator that plot a line of the average take profit level (indicating the amount possibly). I mean, if I have 5 orders with 5 different TP levels I would like to know at which level the average TP is.Ignored
DislikedHello all, I hope Hanover or others here can help me. I am searching for an indicator that plot a line of the average take profit level (indicating the amount possibly). I mean, if I have 5 orders with 5 different TP levels I would like to know at which level the average TP is. Something like the indicator in the printscreen I attach here. It plots the average entry level. I've googled it but couldn't find any. Many thanks v {image}Ignored
DislikedHello all, I hope Hanover or others here can help me. I am searching for an indicator that plot a line of the average take profit level (indicating the amount possibly). I mean, if I have 5 orders with 5 different TP levels I would like to know at which level the average TP is. Something like the indicator in the printscreen I attach here. It plots the average entry level. I've googled it but couldn't find any. Many thanks v {image}Ignored
Disliked{quote} Hey David, 32 Likes on that post, now 33. Could be a record. {image}Ignored
DislikedSome harsh reality..... , and now it seems that they selfishly want forex shut down so that nobody can outperform them. They post the same jaded message ("price is random, forex is a scam, a casino, a negative expectancy game that can't be beaten, ....") repeatedly;_________________________ [EDIT] Here is Ed Seykota's challenging observation: "Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money".Ignored
Disliked{quote} Hanover.....you are exactly discribing in this post with what I would label as a classical "keeping the dream alive" marketing strategy...... there are constant winners, how small their percentage might be and those winners have an edge that doesn't wear off over time, that is based on a sound trading process, on experience, on skill and on sound risk management and you can achieve that goal by learning and training. To claim that I want to shut down the forex market so that nobody can outperform me is ridiculous. What I would like to shut...Ignored
Disliked{quote} Aren't there risk disclaimers? They know what they're signing up for and they know when they are losing....... If they aren't losing the money in one way they'll just lose it in another. The market teaches things that can only ever be learned in life through sacrifice. I consider every penny lost to the market to have been well spent.Ignored
Disliked{quote}I'd composed a lengthy reply and then decided to delete it, as upon re-reading it, I concluded that it didn't really address the points in your post.Ignored