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Why members share strategies?

  • #41
  • Feb 22, 2018 2:10pm Feb 22, 2018 2:10pm
We are so cynical as traders and with good reason, but I know some just want to help.
and freely share what they know.
  • #42
  • Feb 22, 2018 5:12pm Feb 22, 2018 5:12pm
Quoting Artcool
{quote} If there is one guy in the whole forum that I am 100% sure he doesn't trade, it is you. For example, anyone who believes and keeps repeating old fashioned axioms like 'Cut your losers short and let winners run'' has no clue about real Forex trading, or maybe wants to mislead other people for some purpose. You keep repeating all the garbage you find in the educational area of the brokers websites. Why?
Because it happens to be true. It is like the old axiom, don't bring a knife to a gun fight. If you do not stay on the right side of the traders equation, you have zero chance of making a profit. Seems like common sense, but I guess not.
If you are good at something, never do it for free--Joker
  • #43
  • Feb 22, 2018 8:37pm Feb 22, 2018 8:37pm
Quoting llxx77dd
{quote} so the ocean owners guys are not humans ? they never share anything even to their families or friends ? or they lose too ?! idk, maybe you do, i was asking! cheers
No we are not ...........................
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The More You Learn, The More You Earn.....
  • #44
  • Feb 22, 2018 9:53pm Feb 22, 2018 9:53pm
“Why members share strategies? ” ...others, to get a red ⚑ beside their nicknames ; )―
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #45
  • Feb 22, 2018 11:52pm Feb 22, 2018 11:52pm
Ok I will share with all of you NOW immediately a less than 2% NO LOSS strategy. Long and sell any pairs right now and you will be guaranteed you will NEVER lose more than 1% of your funds. Anybody who lose more than that can ban me forever and revoke my FF membership. The secret is not to close both trades if you don't wish to lose. No need for SL.
I give this strategy for absolutely free of charge and to be generously shared with all in FF.
Happy trading.

Cheers
Sry its getting boring hehe.
  • #46
  • Feb 23, 2018 12:38am Feb 23, 2018 12:38am
Quoting genghistar
Ok I will share with all of you NOW immediately a less than 2% NO LOSS strategy. Long and sell any pairs right now and you will be guaranteed you will NEVER lose more than 1% of your funds. Anybody who lose more than that can ban me forever and revoke my FF membership. The secret is not to close both trades if you don't wish to lose. No need for SL. I give this strategy for absolutely free of charge and to be generously shared with all in FF. Happy trading. Cheers Sry its getting boring hehe.
Being free does not mean I am not a scumbag becos I know that my shared free method is a sham and sure to never be profitable. So moral of the story is not all free methods are good to trade and should be held to task for sharing useless strategy destined to fail causing untold misery to those gullible who actually trade it with their hard earned money.

Cheers
GS
  • #47
  • Feb 23, 2018 12:49am Feb 23, 2018 12:49am
I dont understand the point of sharing strategy here at free. I could share my strategy but most likely it would not work with anyone else unless I would spend most of my day teaching and explaining how and why I do what I do. All strategies need constant fine tuning and rethinking so again I would need to be involved with other trader all the time.
To become succesful trader everyone need his on strategy. One needs to know what he doing and why. Needs to feel comfortable with strategy. Copying others trading is not going to make you better trader. In this business you have to start from zero every day and understand that every trade and sent up is a new one. Trade by trade you either success or fail. There is no easy way.
  • #48
  • Feb 23, 2018 12:53am Feb 23, 2018 12:53am
Quoting kauppias
Needs to feel comfortable with strategy. Copying others trading is not going to make you better trader.
If you truly feel comfortable with a strategy, you should feel comfortable enough to hear what others have to say without being rattled.

An exchange of ideas doesn't mean copying of trades/strategies. It is simply understanding a different strategy and if it makes sense and can be used to enhance your current way of doing things/trading, then use it. A different opinion/strategy can be true but useless to you. If it is not useful to you, then ignore it.

To me, it is about knowledge. The more you know, the better it is. Having said that, of course apply your own filters.
  • #49
  • Feb 23, 2018 1:11am Feb 23, 2018 1:11am
Quoting kauppias
I dont understand the point of sharing strategy here at free. I could share my strategy but most likely it would not work with anyone else unless I would spend most of my day teaching and explaining how and why I do what I do. All strategies need constant fine tuning and rethinking so again I would need to be involved with other trader all the time. To become succesful trader everyone need his on strategy. One needs to know what he doing and why. Needs to feel comfortable with strategy. Copying others trading is not going to make you better trader....
I beg to differ. To me a robust strategy to trade any asset classes are it is what it is..a robust strategy no matter who uses it. Most failed becos the same robust strategy cannot be applied to ALL assets classes.
I rest my case and good luck.

Cheers
  • #50
  • Feb 23, 2018 4:04am Feb 23, 2018 4:04am
I believe that we need to share our experience. First of all, in order to support those who gave up. Experienced traders show beginners that earning forex is real. However, copying someone else's strategy is a waste of time, because, as mentioned above, the strategy works only with an individual approach.
Watching someone else's strategy, I choose useful aspects and sort the information as necessary and not necessary.
  • #51
  • Feb 23, 2018 4:20am Feb 23, 2018 4:20am
What is shared here in Forexfactory has nothing to do with real trading. No one is going to spoon feed anyone. What i see and what you see on the same chart is very different. Ofcourse basics can be learnt here in Ff.but not real trading it takes lots of time and patience. ALl those trading systems is all BS. But still noobs go there and fall prey. I kept telling but none get it.
Avoid what is Strong,Strike at what is Weak
  • #52
  • Feb 23, 2018 4:40am Feb 23, 2018 4:40am
Quoting Artcool
{quote}For example, anyone who believes and keeps repeating old fashioned axioms like 'Cut your losers short and let winners run'' has no clue about real Forex trading, or maybe wants to mislead other people for some purpose.
The reason behind this "old-fashioned" rule is that the distribution of returns does not really change - probably since the rice traders in medieval Japan. This means that the probability of sustained price movement is larger than what you'd expect from a normal distribution (i.e. if the statistical process would just be Gaussian noise). In other words, the distribution of returns in reality has thick tails. If one wants to exploit this statistical fact, one should better cut the losses short and let the winners run. Or else the losers run - the distribution of returns has thick tails from both sides.

Cheers,
k
  • #53
  • Feb 23, 2018 5:32am Feb 23, 2018 5:32am
Quoting magentfx
What is shared here in Forexfactory has nothing to do with real trading. No one is going to spoon feed anyone. What i see and what you see on the same chart is very different. Ofcourse basics can be learnt here in Ff.but not real trading it takes lots of time and patience. ALl those trading systems is all BS. But still noobs go there and fall prey. I kept telling but none get it.
I beg to differ. There are plenty of profitable strategies shared here in FF.

take for example ProfitFarmer My Way to Highway forum; he does share his strategy and trade it live for all to see.

The failure is to be blamed on the users who are lazy; and not on the people who are sharing good trading ideas.
  • #54
  • Feb 23, 2018 6:33am Feb 23, 2018 6:33am
Quoting whitefox
Hi folks I'm just wondering why youtubers and other members share strategies supposedly profitable. Does it have an impact on supply and demand. I mean if lot of people follow the same strategie . At some point it's not going to work right ? Thanks
To deceive and ruin competition through desinformation and russian "maskirovka "

Read Sun Tzu !
  • #55
  • Feb 23, 2018 7:24am Feb 23, 2018 7:24am
As a trader I assume that sharing of the strategy it's like a test. my strategy is undergo some criticism. It all depends on personality, I suppose. I don't really like to publish all the details of my strategy. Sometimes it's better to explain in a personal email if someone asks for help.
Dont hurry in three situations: marriage, sex, trade.
  • #56
  • Feb 23, 2018 7:56am Feb 23, 2018 7:56am
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Don't give up on your dreams. Keep sleeping.
  • #57
  • Feb 23, 2018 8:20am Feb 23, 2018 8:20am
Quoting Artcool
{image}
Great example of an ego driven post. Someone was even kind enough to explain in statistical terms why "cutting losers short" matters. Instead, this poster finds something to reinforce his own belief. I see why you are a member of the suicide kids. Your belief systems are clearly attached to your sense of self worth.

Quoting kprsa
{quote} The reason behind this "old-fashioned" rule is that the distribution of returns does not really change - probably since the rice traders in medieval Japan. This means that the probability of sustained price movement is larger than what you'd expect from a normal distribution (i.e. if the statistical process would just be Gaussian noise). In other words, the distribution of returns in reality has thick tails. If one wants to exploit this statistical fact, one should better cut the losses short and let the winners run. Or else the losers run...
Great explanation Great Pumpkin!
If you are good at something, never do it for free--Joker
  • #58
  • Feb 23, 2018 8:33am Feb 23, 2018 8:33am
Quoting Artcool
{image}
Sometimes one does get hit by a truck, but it is impossible to catch her unless you try...

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Quoting Ernest Hemingway
He always thought of the sea as 'la mar' which is what people call her in Spanish when they love her. Sometimes those who love her say bad things of her but they are always said as though she were a woman. Some of the younger fishermen, those who used buoys as floats for their lines and had motorboats, bought when the shark livers had brought much money, spoke of her as 'el mar' which is masculine. They spoke of her as a contestant or a place or even an enemy. But the old man always thought of her as feminine and as something that gave or withheld great favours, and if she did wild or wicked things it was because she could not help them.
  • #59
  • Feb 23, 2018 8:44am Feb 23, 2018 8:44am
Quoting Artcool
{quote} If there is one guy in the whole forum that I am 100% sure he doesn't trade, it is you. For example, anyone who believes and keeps repeating old fashioned axioms like 'Cut your losers short and let winners run'' has no clue about real Forex trading, or maybe wants to mislead other people for some purpose. You keep repeating all the garbage you find in the educational area of the brokers websites. Why?
This is what most traders do not understand...

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Boxing clever since 76.
  • #60
  • Feb 23, 2018 8:52am Feb 23, 2018 8:52am
Quoting copi88
{quote} This is what most traders do not understand... {image}
Personally I will ride the bears up and the bulls down. One thing that only advanced intermediates to experts understand is that the charts cannot lie to you. You may or may not see what it is telling you, but it will tell you when accumulation starts and ends, and when distribution starts and ends. They are called price action bars, and may happen over one, two, or even ten to twenty bars depending on the granularity you are choosing to look at. The chart will never lie, it is the language of any kind of trading activity. If you cannot read it, don't blame the market, practice more.
If you are good at something, never do it for free--Joker
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