An advice by a successful trader

Everybody, hello.

I'm a new wannabe forex trader, excited about his own system, that had good effects in backtesting and is currently live testing with a few decent results that will match his backtesting figures.
I've been lately informed about a prosperous trader that resides in mg city, that had excellent results and just bought a flamboyant car, so I was able to ask him several questions and advices such as where to put my money (what broker ho use) and if forex market and price action could be positive.

I don't understand him directly so I wrote a piece of paper to be given to him...

that I recieved today his replies, saying that te is your broker of himself and that forex is a way to steal money from investors...

I do not understand his area of expertise, but what would you think I need to do today? Thank you so far,
Sincerely,
Maurizio.

Tjpld....LOL, continue the good work man!

Yup its true. We are facing bank institutions, hedge fund manager, personal firms bla bla bla....That's is the reason its dangerous to use stop loss. They have huge quantity of investment accumulating billions of dollars in one transaction that could triggered your stop loss and margin call.Be very careful when the market is trending. You may spot certain spikes from the tendency for a short moment. These spikes are brought on by huge amount of funds going into the market. Great case of a cool market goes awry when George Soros throw a massive margin into the market affecting even the price of oil! That is how powerful this Big players are.

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Originally Posted by ;

Everybody, hello. I'm a new wannabe forex trader, excited about his egy, that had great effects in backtesting and is currently live testing with a few decent results which will match his backtesting figures. I've been lately informed about a prosperous trader that resides in mg town, that had great results and just bought a flamboyant car, so I was able to ask him several questions and advices such as where to put my own money (what broker ho use) and when forex market and price action could be favorable. I don't know him straight so I wrote a piece...

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Most successful traders would not share their real systems that pay off really great, so I guess that he just gave you these answers to discount the Actual answers to your questions

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Originally Posted by ;

quote Most successful traders would not share their real systems that cover off really good, so I suspect that he just gave you these answers to discount the real answers to your queries

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Don't hold your breath for a response first post was 2008.

To be a successful trader is that we must continue to understand and practice trading well, so it is going to benefit us. We can use demo accounts to learn trading well or to participate in the competition demo so our trading abilities increase

The original post was from quite some time ago, I wonder what happened...

That said, it is difficult to learn anything from asking random questions to people on the road, even if those people are professional traders. Learning to trade properly requires lots of systematic study and practise.

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Originally Posted by ;

quote Most successful traders would not share their real systems that pay off really great, so I guess that he just gave you these replies to discount the actual answers to your queries

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I agree with your opinion! I personally know many successful Forex traders that are also after this way, means they are not sharing their trading egy into the others!

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Originally Posted by ;

but exactly what would you think I need to do today?

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Dunget drunk maybe?