The good periods are invariably followed by a crash. The market gives a little, slowly, and sometimes over a long time, and then takes it all back Anyone saying that is not the case is in the "little and slowly" phase.

The Secret to Success and profitable trading - What is it?

I don't care one way or the other, but a quick look at davit's last posts shows that he is (was) drowning in drawdown since may or there about .. .. good trader, I reckon you are a good trader until you are not.

The Secret to Success and profitable trading - What is it?

"You can get 250 -1000 USD per new victim as an affiliate marketer...." How would this work in the ontext of a popular thread like Davit's "Pivot trading" ?

The Secret to Success and profitable trading - What is it?

Retail forex is above all a commercial enterprise for brokers and "shovel peddlers". They stop at nothing to get new accounts and new customers. I take interest in debunking all their lies. I read somewhere else that the cost of acquiring new ...

The Secret to Success and profitable trading - What is it?

1st RULE: You do not talk about FIGHT CLUB.

How to inform family and friends that you're a forex trader?

"The retail forex market is more than 5 trillion dollars per day" False. The ENTIRE currency market is around 5 trillion a day Retail forex only accounts for 5 % of that amount per day (200 billion on a good day and mostly in the major currency ...

The Secret to Success and profitable trading - What is it?

It is clear that his account has been in a huge draw down since may. What the market giveth, the market taketh away... and then some more at an astounding speed

The Secret to Success and profitable trading - What is it?

The price will move in the direction that causes the most financial damage to the largest number of accounts. When the taxi driver tells you all about Brexit and that the pound is in the dumps and will be worth nothing and you should sell, sell sell ...

How does the FOREX price move and who decides on the prices?

I know way too much about this industry for my own good. Curiosity kills the cat. I have no reason to believe anything about your claim as it is in fact an "extraordinary" claim.

Are trading costs the main reason of losses in trading?

No doubt Retail Forex should be banned in its current form What is extremely upsetting is that retail forex trading is still marketed as a "legititimate business" to attract and retain customers

Forex - A negative sum game for losers

Don't you think that brokers would have a vested interest in painting a more positive picture? Ask your favorite retail forex broker to give you the total amount of customer funds at the beginning of a quarter and the total customer funds at the end ...

Are trading costs the main reason of losses in trading?

no no no ... the transaction cost is paid on a win or a loss. Both incur a transaction cost. I agree, there is no transaction cost cheap enough that can save a bad trade. But, here I don't agree.. it's not "just under 80 % of retail trader lose" ...

Are trading costs the main reason of losses in trading?

It means that on average long and short positions are losing money. It's easy to explain. But the bottom line is that on average no one makes money in retail forex ...

Forexfactory GBPJPY stats - How it can be?