Opinions on ESMA & Financial Markets

Jul 05, 2018 at 12:41
3,369 Views
95 Replies
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:19
Lastly, you will get absolutely nowhere blaming other people and other things. When you do this you fail to acknowledge your own faults. EURCHF can be traded profitably. If you can't trade it without losing money then that's your fault, not the boogyman's.

Succinctly ( bluntly briefly concisely crisply curtly neatly pithily tersely brusquely compactly compendiously laconically shortly summarily
Adverb
in a nutshell in brief in short to sum things up put.)


That's why small retail traders are paying the price for the bankers mistakes. They turned the market into a casino and now they want to make it all respectable again as ESMA put it - succinctly!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:21
Restore some respectability: cos bankers know it all and the rest of us commoners know nothin!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:33
I know what the establishment is all about my dad started out at a motor manufacturers and went on to make millions in entertainment, but once he'd made those millions he didn't want to know the likes of me - his son!!! Actually it was before, but the fact is in his eyes I don't exist, never existed and just like the 14,000 small retail traders who posted on https://replytoesma.trading/
they don't exist either. So forgive me if I'm angry at the system cos the system is hypocritical!!! Despite having sent over a dozen emails to solicitors about these ruling I've only had one reply ...... and I've got the Chambers 100!!! I'm going to go through the list soon!!!

This is class discrimination by ESMA and a breach of Equal Opportunities and it's wrong, unjust and selfish. A multi trillion $ cake and they want it all to themselves!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:41
Yeh, I know I've got an attitude problem, I'm too emotional - heard it all before!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:45
Another fine mess!!! Copper - any takers?
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:54
Copper - stopped me out of my £100 yesterday so delved into my billions and sold £2bn worth. Target: 1.891 or 61.8 fib on monthly, whichever comes earlies or I might get stopped out!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:55
Copper Apologies 38.2 on monthly fib!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 09:59
See how easy it is to make money when you've got billions, could bank it now and be £40m richer!!! Not bad for a mornings work!!!
mmltd
forex_trader_449466
Member Since Aug 04, 2017   31 posts
Jul 06, 2018 at 10:00
NottsBlade posted:
Total disregard for trend lines, averages and technical indicators. Turning the markets into a casino!!!

Using indicators is a casino! All indicators are useless, just because they teach to use them on babypips, doesn't mean they are worth something. You don't need any lines, tunnels or indicators to trade. Big boys don't draw lines on the chart, so you shouldn't either. Learn to read the market, just from the chart itself, it tells you everything.
mmltd
forex_trader_449466
Member Since Aug 04, 2017   31 posts
Jul 06, 2018 at 10:00
NottsBlade posted:
Small retail traders who have dedicated years to learning are being robbed by these new rulings and as I keep saying it is just another ploy by the rich few to keep it in the hands of the few. If you don't wear their tie you can't be in their club!!!

The new rules don't change anything for people who are serious about trading. They just block the betting part. People need to realize you can't take $100, use a 1:500 leverage and make a living out of it. Thats not how it works.
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 10:24
Don't anybody say anything to Social Security about my billions or else they'll have me!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:07
If you're thinking Oh I think I'll have a flutter on Copper following my recent comments BEWARE: 2.8910!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:17
BEWARE: There could be algorithms programmed to listen into our comments on here. After all that's what they blamed the Sterling Flash Crash on 2.10.2016.......a rogue algorithm - A politicians comments!!! Well, you didn't think the bankers would accept responsibility did you, now they can blame crashes on rogue algorithms!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:18
NottsBlade posted:
BEWARE: There could be algorithms programmed to listen into our comments on here. After all that's what they blamed the Sterling Flash Crash on 2.10.2016.......a rogue algorithm - A politicians comments!!! Well, you didn't think the bankers would accept responsibility did you, now they can blame crashes on rogue algorithms!!!


......or Sticky Finger!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:25
Copper 4hr Chart!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:43
I know you're watching this one closely!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 11:50
At least I'm in profit on my £100 EURMEX - Happy days!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 12:16
What's worse - Losing a bit of cash or losing your Hopes & Dreams!!! That's what we're talking about. ESMA are effectively destroying the hopes and dreams of small retail traders and it's wrong!!!! I've lost real money, but I don't hold a grudge. I just learn from my mistakes, go back to demos and wait for the right opportunity. All I'm looking for is consistency in my trading and 'consistency' is the key!!! I hate losing money, Footballers hate losing games, but they pick themselves up and get better. No need for the intervention of ESMA!!!

Waiting days, weeks, months trading at 30:1 to make any profit. All this is about, is to limit small traders to a poxy 5-10% annual return if they're lucky!!!
NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 12:22
What if the FA had made a ruling that said you can only turn professional up until the age of 21 and then you're ruled out of it or some other stupid rule. Jamie Vardy would never have got his chance at the age of 26 and he wouldn't be in the England squad now. No, he worked hard, showed passion and through hard work he got to where is now!!!


NottsBlade
forex_trader_524352
Member Since May 25, 2018   75 posts
Jul 06, 2018 at 13:01
I'm having panics attacks now - seriously!!! I don't want to be having a go at politicians, economists, regulators and bankers they have a tough enough job to do without me having a go at them. I'm really p***** off at these stupid rulings and restrictions being put in place by ESMA and I'm just airing my views. It's nothing personal!!! I think it's wrong!!! I'd much rather be doing my own thing and focusing on my trading and left in peace!!!
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