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Successful traders are very, very rare to find

  • #181
  • Sep 2, 2018 8:00am Sep 2, 2018 8:00am
Quoting Asw
{quote} Of course day trading successfully is possible. <== Why has no one ever met a successful one then| and can show a live account as evidence?? Everyone struggling has fallen into the technical analysis trap and make up unrealistic excuses or hypothesis of why they are not successful. <== How else, would you day trade, certainly not fundamentals. Asw
Very simple concise answer, in reality it is not possible but in theory yes.Psychology.

Day trade only in the direction of major trends, rejections of counter trend , entry after rejections.It works.

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  • #182
  • Sep 2, 2018 8:05am Sep 2, 2018 8:05am
Quoting loozers
{quote} Very simple concise answer, in reality it is not possible but in theory yes.Psychology. Day trade only in the direction of major trends, rejections of counter trend , entry after rejections.It works. https://www.youtube.com/watch?v=kOpGGhRpfiA https://www.youtube.com/watch?v=rQgHAeJWRiA https://www.youtube.com/watch?v=7kn2K1lr7jg

That's all novice stuff and at best works 50% of the time, produce your live account to backup your claim, long term you will lose.
  • #183
  • Sep 2, 2018 8:07am Sep 2, 2018 8:07am
Quoting Asw
.... Of course day trading successfully is possible. <== Why has no one ever met a successful one then, and can show a live account as evidence?? ....
The first mistake you make here is assuming that a successful trader gives a rat's arse whether you believe him/her.
A successful trader will get so many people calling him/her a liar and demanding proof ... if it were me only one doubter would be enough to make me click elsewhere.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #184
  • Sep 2, 2018 8:15am Sep 2, 2018 8:15am
Quoting Asw
{quote} That's all novice stuff and at best works 50% of the time, produce your live account to backup your claim, long term you will lose.

I agreed with you,

Very simple concise answer, in reality it is not possible but in theory yes.Psychology.

My own trading results improved on swing trading, in reality it is the charlatan educators working for brokers , want traders to day trade, scalp and trade long and short together.The other charlatan agents/stooges are the 24 pair chimps paying 24 spreads to enter a trade.

Most day traders will get screwed up psychologically.

https://www.forexfactory.com/showthread.php?t=809399
  • #185
  • Sep 2, 2018 8:20am Sep 2, 2018 8:20am
Quoting Exodus
{quote} The first mistake you make here is assuming that a successful trader gives a rat's arse whether you believe him/her. A successful trader will get so many people calling him/her a liar and demanding proof ... if it were me only one doubter would be enough to make me click elsewhere.
The first mistake you make here is assuming that a successful trader gives a rat's arse whether you believe him/her. <== He/She, quite clearly does or they wouldn't be arguing their case, so lets see some evidence, like a live account. Trading is full of bullshitters, not just kidding themselves on, but everyone else.
  • #186
  • Sep 2, 2018 8:22am Sep 2, 2018 8:22am
Quoting loozers
{quote} I agreed with you, Very simple concise answer, in reality it is not possible but in theory yes.Psychology. My own trading results improved on swing trading, in reality it is the charlatan educators working for brokers , want traders to day trade, scalp and trade long and short together.The other charlatan agents/stooges are the 24 pair chimps paying 24 spreads to enter a trade. Most day traders will get screwed up psychologically. https://www.forexfactory.com/showthread.php?t=809399

I agree.
  • #187
  • Sep 2, 2018 8:25am Sep 2, 2018 8:25am
Quoting Asw
.... <== He/She, quite clearly does or they wouldn't be arguing their case, so lets see some evidence, .....
You miss my point.

A successful trader has nothing to prove. Anybody 'arguing' is not a successful trader.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #188
  • Sep 2, 2018 8:35am Sep 2, 2018 8:35am
Quoting Exodus
{quote} You miss my point. A successful trader has nothing to prove. Anybody 'arguing' is not a successful trader.

You miss my point. <== No you miss the point, we are talking about a successful DAY traders, there are none, they are selling and advising, but cannot show evidence.
And you don't know any either.

Asw
  • #189
  • Sep 2, 2018 8:36am Sep 2, 2018 8:36am
Quoting Exodus
{quote} You miss my point. A successful trader has nothing to prove. Anybody 'arguing' is not a successful trader.
100% agree.
  • #190
  • Sep 2, 2018 8:37am Sep 2, 2018 8:37am
Quoting Asw
{quote} You miss my point. <== No you miss the point, we are talking about a successful DAY traders, there are none, they are selling and advising, but cannot show evidence. And you don't know any either. Asw
So what is exactly the point of discussion?! If you already established a statement - no point :-)
  • #191
  • Sep 2, 2018 8:38am Sep 2, 2018 8:38am
Quoting michaelpelly
{quote} 100% agree.
That's what they kid people on with, there are none, they blow their accounts.
  • #192
  • Sep 2, 2018 8:39am Sep 2, 2018 8:39am
Quoting Asw
{quote} The first mistake you make here is assuming that a successful trader gives a rat's arse whether you believe him/her. <== He/She, quite clearly does or they wouldn't be arguing their case, so lets see some evidence, like a live account. Trading is full of bullshitters, not just kidding themselves on, but everyone else.
Why exactly someone need to show his private data and earnings?

If one does so - he/she would become advocate for something to sell to you, thus invalidating the statement that successful traders are not crooks that sell web stuff for FX.
  • #193
  • Sep 2, 2018 8:42am Sep 2, 2018 8:42am
Quoting michaelpelly
{quote} So what is exactly the point of discussion?! If you already established a statement - no point :-)
Your quite right.
  • #194
  • Sep 2, 2018 8:44am Sep 2, 2018 8:44am
Quoting Exodus
{quote} You miss my point. A successful trader has nothing to prove. Anybody 'arguing' is not a successful trader.

That's some sweeping generalisation. I'd say traders are a mere sample of the general population and thus share the same foibles. Thus one can be argumentative but just get trading or be very laid back and simply not get it. There's a different edge in the market to suit every personality type.

A successful trader SHOULDN"T have anything to prove but the thing that made them succeed maybe the very thing that blinds them to this fact. There's plenty of examples of this in the real world.
  • #195
  • Sep 2, 2018 9:01am Sep 2, 2018 9:01am
Quoting Asw
{quote} Of course day trading successfully is possible. <== Why has no one ever met a successful one then| and can show a live account as evidence?? Everyone struggling has fallen into the technical analysis trap and make up unrealistic excuses or hypothesis of why they are not successful. <== How else, would you day trade, certainly not fundamentals. Asw

What a load of rubbish. You have absolutely no idea what you are talking about. If you bothered to look you would find many examples of successful traders. Most of the people on here including yourself haven't a clue what it takes to be a trader. The fact that you are dismissing fundamentals, which is the primary driver of the fx market in terms of speculation, just shows how out of touch you really are. It isn't coincidence that the vast majority of retail traders fail due to their approach being technical based. Just admit it you really don't understand this market and through your failure to produce consistent results assume its impossible.
  • #196
  • Sep 2, 2018 9:12am Sep 2, 2018 9:12am
Of course there are many s daytraders ,scalpers,swingtraders and trendfollowers that are making money....There are many of them on this forum also but they dont brag abaut it...you can read profitfarmers last tradingjournal hee keeps the wins small but consistant all the way with only a few small loosing days a month and if you look at this list saying how many traders profit from different brokers you see that there are many many proffiteble traders out there...
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You win some you loose some do both with peace of mind
  • #197
  • Sep 2, 2018 9:20am Sep 2, 2018 9:20am
And i really dont agree that it that much easier too make profit on demo that you easily can doubble an account on demo and not live if soo the whole issue is in your head making you scared of trading live and if you are scared of trading live you trade too high leverage of a too big of an account....I have problems being consistant but i never deposit more than a 1000 dollars i really dont care if i blow that account as i have done many times,but i have the same commision on my demo and the same spreads and are trading demo now for a month too see if i can be consistent with my changes in the system i have traded....And for me its not easier at all on demo...Its abaut the challenge making it.....That is what scares me the most not being able too be consistant....Just saying..
You win some you loose some do both with peace of mind
  • #198
  • Sep 2, 2018 9:22am Sep 2, 2018 9:22am
This list i posted is numbers from ESMA soo no bullshit heres the link too the article:https://www.financemagnates.com/fore...nts-post-esma/
You win some you loose some do both with peace of mind
  • #199
  • Sep 2, 2018 9:30am Sep 2, 2018 9:30am
I became successful switching over to crypto since odds are heavly skewed on hodlers. I guess it takes someone whos smart (or lucky) to have held.through the rough times.
  • #200
  • Edited 9:49am Sep 2, 2018 9:39am | Edited 9:49am
If you want to know the truth theres a strong desire to brag. Theres an insatiable desire to post successful trades. But as soon as it starts looking like you have to prove something to someone, its a turn off.

The inquisitor shall perish before the accused does

...And this is probably a good thing, if I started frequenting this forum and everyone was respectful, nice and nurturing, I would have probably like many other strong traders, been charmed into spilling my beans 100% It just would have happened for sure. I actually thank detractors and pushy busy bodies for helping me maintain my strategies and not just throw them to swine..
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