- Search Metals Mine
-
Mingary replied Sep 25, 2019Yes, there are patterns in any random time series. Here is a good analogy to market data: url The "winning" pattern you are looking for is a date. Good luck. If you had bet on position 984 for date 1/1/19 you would have won .. I am saying the ...
has anyone EVER seen a successful trader/trading system?
-
Mingary replied Sep 25, 2019Thanks for the response. Professional retail forex trader .. I meant someone who is a private individual (not working for a bank, hedge fund, broker) whose only source of income comes from retail forex trading. My understanding is that even with ...
Successful traders are very, very rare to find
-
Mingary replied Sep 25, 2019Thank you for weighing in on this discussion If you could not find any "professional" retail forex traders that met your criteria, are there successful traders even ? and why did they not apply ?
Successful traders are very, very rare to find
-
Mingary replied Sep 24, 2019Anyone who believes that the markets are not random really really really needs to have a look at these two concepts: Pareidolia Apophenia A little taste: Gambler's fallacy[edit] Apophenia is well documented as a rationalization for gambling. ...
has anyone EVER seen a successful trader/trading system?
-
Mingary replied Sep 21, 2019Are you really saying that no "professional retail forex trader" can be found in one of the ten most developped country in Africa ? If that is the case, I doubt that professional retail forex traders can be found in the more developped countries ...
Successful traders are very, very rare to find
-
Mingary replied Sep 21, 2019" i Have been trying to recruit traders who can demonstrate a consistent 2 or 3 per cent per month profit with minimal draw down. Apparently this creature does not exist." Where does it say they included retail traders ? It's obvious they found no ...
Successful traders are very, very rare to find
-
Mingary replied Sep 21, 2019I think the point is that not even a "professional retail forex trader with appropriate training and experience" applied for the job.. 5000 is a significant sample size.
Successful traders are very, very rare to find
-
Mingary replied Sep 19, 2019No one is making money long term in retail forex It's all half lived half lied at best And should not be taken seriously It's entertainment like going to the casino
has anyone EVER seen a successful trader/trading system?
-
Mingary replied Sep 19, 2019It's good to hear the truth Thanks for this
Successful traders are very, very rare to find
-
Mingary replied Sep 19, 2019Hi Rick, safety valve .. HOW CAN WE RELEASE THE PRESSURE AND REMAIN PROFITABLE yes I believe it's possible.. Here is a dumb martingale that would crash in no time if not for a few added features. It's not a martingale anymore.. Testing the ...
has anyone EVER seen a successful trader/trading system?
-
Mingary replied Sep 17, 2019I have seen many, they all crash in the end... What you always see is the equity curve going up when the system is profitable ... after a while there is nothing to see. Do you have to wonder why ?
has anyone EVER seen a successful trader/trading system?
-
Mingary replied Sep 17, 2019I don't see any "negative" threads .. perhaps some healthy discussions on rare occasions But what I see however, is that everyone seem to be making money in retail forex and there are very few posts / threads about losing .. It's an issue because at ...
Tired of Seeing Negative Threads
-
Mingary replied Sep 16, 2019I would have to say that if a documentary is made about the "the world of brain surgery" and various characters in this field are represented, I am certain that they will also present the top performers. It would be very odd that top perfoming brain ...
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019Not employees of a company, and no hobby traders.. I am talking about "self employed and professional" individuals whose only source of income is through retail forex trading. Apparently they found no one ...
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019Ok I get that. but I am looking at the bigger picture. This is a BBC documentary ... of all the people they surveyed these characters were the best they could find to represent the world of retail forex ? Apparently they could not find any winners ? ...
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019Sure, there may be a way to make this work. Perhaps someone has found a way to make money in Retail forex, and perhaps you have found a way. But the question is: why in the world could they not find any one successful ?
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019Digging a little deeper .. Don't you think it's rather odd that the producers of this documentary could only find these types of individuals ? They spent time and energy to survey this activity, and that is all they could find .. absolutely dismal. ...
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019ok. so like I said before, you are placing a bet. You are placing a bet on the likely outcome of some market event. 'Losses are part of the business" therefore you are taking a risk and you try to keep the risk small How is that any different than ...
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019I am not saying anything about prediction of any kind.. Are you saying that you never take a loss ?
Forex - A negative sum game for losers
-
Mingary replied Sep 16, 2019Yes I saw that and you are correct. I typed too fast should read; "People on benefits are the prime target of forex infomercials."
Forex - A negative sum game for losers