View Full Version : Too Many Lies In The Forex Trading World!
Dear Traders,
I have discovered with time that theories about trading are for concepts sake. You can never make real cash obeying them. I wonder why. All the EMA crossovers are lies, Oversold and Overbought are lies, the use of stop-loss to minimize your loss is a lie. I might sound wrong but that is my observation. You must do something different!
The bottom line, it's possible to never make cool cash obeying 95 percent of those FX concepts. Please traders share your experiences with us and let us rub minds.
Regards
Joyful Trading!!!
Anyone can earn favorable returns in trading forex. The problem is that this yield is not enough for many to live from trading. Most profitable trader's returns converge to around 8-9%/year over the years (which is a bit below the stock market average). Sorry but that is just the reality. The more market cycles you're exposed to the not as likely you'll be always right in adjusting to market changes. I mean how much yield would expect from a company that is this effective with this much competition. Thanks I feel heavily at peace with adhering to stocks! Lt;although practising in FXgt;
Meantime when I can be profitable in FX using exactly the identical amount of cash that I do in stocks I will make the major change.
. .until then
Forex trading is a real money making venture. However, you need to stick to the market to generate money from the market. However human plogy consistently wants to forecast the future. I don't believe you can do this accurately with all these indiors. So you need to learn to surrender to the dictates of the market and you will earn money. I guarantee you. But if you let your self deceive you into thinking you could accurately forecast the future, then you are on your own. The market would penalize you. Happy trading.
Here's an unpopular opinion:
if you would like reality throw your money into the market and figure it out. You'll be amazed the number of 1,000 webpage threads and programs here (on all forums, actually ) are conducted by IT professionals and college students on demo accounts. If you want reality, then go risk suffering massive losses. If you want truth, do not waste money on courses or indiors; squander it trading. The losers on forums will tout that Forex is a scam and full of lies. The winners (for the most part) are trading tiny accounts or demo accounts, have been around for years, and their sole claim to victory is maintaining a thread on a forum that lasts more than a year and a post count that makes you wonder if they even have enough time to do any analysis.
When you are in business for yourself, there is no limit to the amount of people who want to tell you how to do it, typically in exchange for a fee. Learn by doing. It is easier. If you fail, and can not find it in yourself to get back to the horse, then you are in the wrong business. Come to terms with it. The only thing traipsing forums will get you will be too much unnecessary information or an excessive amount of misinformation. In any event, it really makes running your business more difficult. You'll constantly question yourself, you will constantly question your strategy, you will constantly question your broker, and you're going to constantly question the market.You won't get rich fast - in the slightest. No one here will help you get rich fast - if anything, the reverse will happen. There's no holy grail; no indior will help you get rich. You'll never predict the future with 100% accuracy. If you do this a couple of times, do not get your hopes up. It isn't as complied as you believe. If the right way to do this was on the internet, everyone here would be rich. You'd be amazed what you can achieve with perseverance.
Who cares if you are being lied to. Do what makes sense to you. Always do what makes sense to you. If you trade and you don't know why then you will gradually learn why you should not. I don't lend money to individuals if I don't enjoy or know their reasons for wanting it. If I know and encourage there reason then I GIVE it away. Either they make good on their aims or they don't. Either way I'm fine with it because it's what I've decided. If you can trade like that then your on your way to locating your inefficiency.
Profitable formulas are stored as a key. Just notice how many men and women are ready to share or sale systems over the net. The reason why they would like to do it it? Because it does not do the job!! If it worked they would earn money out of it instead of given it away. In the real-world nobody shares anythingbesides you go to monetary websites where you're supposed to locate the most competitive people in Earth and sudelly everyone is prepared to share their holy grail. If it does not seem suspicious to you you, I am sorry but you deserve to be lied to.
If it does not sound suspicious to you personally, I am sorry but you deserve to be lied to. Words to live by. Seriously.
All warfare is based on deception. - Sun Tzu
Forex Currency trading is much more like an illusion. When you realize the laws of illusion everything gets more-less obvious. Assumed truths and lies of/about forex is just one inseparable layer of the whole puzzle.
All warfare is based on deception. - Sun Tzu Quoting the two remarks that nail it. Do not take them as unwanted remarks, since illusion and notably deception have negative connotations associated with them.
Forex trading is a real money making venture. But you need to follow the market to make money from the market. Human plogy wishes to predict the future. I don't believe you're able to do this accurately with these indiors. So you need to learn to surrender to the dictates of the market and you'll make money. I assure you. But if you allow your self deceive you into believing you could accurately predict the future, then you're by yourself. The market will punish you. Happy trading.
Dear Traders,
I have observed with time that theories about trading are for concepts attraction. You won't ever be able to earn real money obeying them. I wonder why. All the EMA crossovers are lies, Oversold and Overbought are lies, the use of stop-loss to minimize weight loss is really a lie. I could sound wrong but that is my observation. You have to do something different!
The bottom line, You can never make cool money obeying 95% of those forex concepts. Please traders discuss your experiences with us and let's rub minds.
Hahahaha. I adore this thread. I believed I was the only one who believed that way, those things are what the big guys use to slaughter the little men on a daily basis, it is like playing hide and seek and the other individual has his eyes wide open and can see where everyone is moving, they think they are hiding but they are in plain sight only waiting to be picked off. Everything you need to do is attempt to hide where the very least people are so that you can be ignored.
Just a fast one fellas, isn't is true that each and every FX trader starts off with some kind of egy which resembles scalping. It begins with fun, remaining in fromt of the chart 24/7, get all of the action bla bla bla
Now. I hate scalping, an excessive amount of action is usually not a good sign or trading egy, and I don't feel comfortable remaining in front of a chart more than 15 mins/every two or three hours!
What egy you began off your FX adventure men and what egy did you wind up with?
I understand this case 7 decades ago, this really is broker game. I understand a big secret on trading which why I always win What huge secret? I PM you to learn more may?
quote What big key? May I PM you to learn more? I whant to know the secret also
quote I whant to know the secret Also I'm Convinced this Trick has a price attached
Dear Traders, I've observed with time that all theories about trading are to get theories sake. You can never make money obeying them. I wonder why. Each of the EMA crossovers are lies, Oversold and Overbought are lies, the use of stop-loss to minimize weight loss is a lie. I might sound wrong but that's my observation. You must do something different! The main point, You can never make cool money obeying 95% of those forex theories. Please traders share your experiences with us and let's rub minds. Regards Happy Trading!!!
The reality is that all programs based on indiors are futile, they could produce good results for short span, but in the long run they will fail. Ema cross really means nothing, it is just cross of two indiors Overbought or oversold levels could be usefull when you think of shutting your position, never to open new one against powerful fashion. You can make profit only if you exchange PA and make conclusions based on market situation. Follow actual money, be aware that market is manipulated by large banks, get experience how, when etc.. The only way to become profitable is practising hunderts of hours demo, then begin on actual account with small capital (although not to small, since you won't treat it and make dumb trades simply to have some amusement ), then if you are constatntly profitable begin make money on larger account. Finally, trading with no stop loss is craziness, since you can't handle your own position. How could you know what's 1 percent risk in case you don't use stop loss? STOP LOSS IS MANDATORY IF You're NOT GROUP OF BANKS THAT MAKE ALL MOVES ON MARKET!!!!!!!!!!!!
quote I am sure this trick has a price attached I feel the secret is the price itself
How much?
Profitable formulas are stored as a key. Just see how many men and women are ready to share or sale systems across the net. They would like to do it it? Since it doesn't do the job!! If it worked they'd earn money from it instead of given it off. In the real world nobody shares anything, than you go to financial sites where you are supposed to locate the most aggressive people in the planet and sudelly everyone is prepared to share their holy grail. If it doesn't sound suspicious to you personally, I am sorry but you deserve to be lied to. TRUE!!! All systems that are being sold on the market it's crap. If you do not believe ask vendor for confirmed account on http://www.myfxbook.com. Nearly all of EA's are crap and even if they still work they will stop shortly. All magic indiors crap!!! And the best part, I have not found any coaching FX program yet where so called ace could demonstrate he makes any money. Straightforward andvice, do not buy anything if vendor does not have minimal one-year verified by third party account. Many of these people today read a lot about trading, but could not find way to earn money on trading, which they began to sell magic indiors, EA's, methods or instruction progr.
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