That's true, fair point. Maybe having an earn-as-you-learn bread and butter system to trade while developing their own style is a good idea though, at least they wouldn't be losing valuable equity. I think most newcomers lack the patience to do the ...

Admit it - your profits are based on luck

Isn't DBFX (retail not Autobahn) something to do with FXCM, I'm sure I read somewhere they trade off the same platform.

Bank offering forex

Really, you think it takes that much work to make a trader? Would you believe me if I told you it took half a day to teach someone how to trade (after they had learned how to work the platform proficiently) and they're still trading profitably after ...

Admit it - your profits are based on luck

Oh sorry, was "pointy haired dipsh#t" supposed to be a compliment then? Amazing isn't it, different meanings each side of the pond, I asked someone in NY where I could buy some fags when I was there last year and got arrested! (fag in Europe is ...

Admit it - your profits are based on luck

I have, nope, it still doesn't make sense. "Well of course you won't disagree that your technicals aren't based on SOMETHING" You can have either "Well of course you won't agree that your technicals aren't based on SOMETHING".....or...... "Well of ...

Admit it - your profits are based on luck

I agree, that's why (unlike tdion says he does) I don't base my trading decisions on them!

Admit it - your profits are based on luck

Huh? No seriously, what?

Admit it - your profits are based on luck

No I haven't had that pleasure, it mustn't have been out when my Dad used to give me the comic section of his FT over breakfast. Good is it? Lots of pictures?

Admit it - your profits are based on luck

Well of course people base their trading decisions on reason, unless of course they have some uncontrollable impulse problem or unfortunate nervous tick in their right index finger. Ah ok, so you trade on fundamentals and consider technicals are ...

Admit it - your profits are based on luck

lol, hardly semantics when someone points out that 'guaranteed' isn't actually the opposite of 'lucky', I think you'll find it's the English language which is responsible for that one

Admit it - your profits are based on luck

A string of losses would never be allowed to 'wipe the account clean', that's where money and risk management come in. No luck involved, just statistical number crunching, basic math, and good old common sense. I absolutely know the reason why my ...

Admit it - your profits are based on luck

Last time I checked the opposite of lucky was unlucky

Admit it - your profits are based on luck

And so we're neatly back to the topic of your thread with the emotive title, "Admit it - your profits are based on luck"! The fact that consistently profitable trading doesn't rely on luck does not mean that every trade should be guaranteed profit, ...

Admit it - your profits are based on luck

Your choice.....

Admit it - your profits are based on luck

Differences of opinion are what make a market.....and a trading forum! We really can't take any of it too personally. I'm not sure conflict is inevitable, or even necessary, maybe a more mature approach is called for where people respect other's ...

Admit it - your profits are based on luck

Well I'm always on Skype so you're welcome to PM me for my contact details if you like, as long as it's a productive conversation I don't mind

Admit it - your profits are based on luck

I have friends who work for Citi and apparently the mood there is similar, even staff at Cafe Spice say they are feeling the City's aura of depression! I think you're right, as individual traders we are extremely fortunate that we don't have to rely ...

Admit it - your profits are based on luck

Someone told me he's not usually like this, it's probably due to a bad trading week and let's face it we all have 'em! I must admit though, going by his initial responses to my posts in this thread that's the impression I got too, but it doesn't ...

Admit it - your profits are based on luck

Me too, market conditions this past week have been ideal for my trading style and strategy, I wish every week was the same!

Admit it - your profits are based on luck

Aren't those two statements a bit contradictory?

Admit it - your profits are based on luck