Real traders
Membro Desde Feb 22, 2011
4862 posts
Dec 15, 2014 at 14:46
Hi,
I am tired of discussion with users that do not know basic forex terms, they do not have any real and stable systems here on MFB and yet they spam the forums with their pathetic systems or even pathetic pictures of MT4.
I am not sure If I can find other users here on MFB but lets give it a try. For all real traders here the rules are simple:
If you wish to discuss anything meaningful please post link to your real account you have here on MFB and stay focused.
No personal insults. No spam. No off-topic comments.
First topic to discuss.
1. Why 95% of the traders fail?
IMHO
(and here is my account https://www.myfxbook.com/members/togr/fxprimusc21/756902 to follow my own rules:))
They lack discipline, they do not study first and they do not stick to the plan.
What are your thoughts?
I am tired of discussion with users that do not know basic forex terms, they do not have any real and stable systems here on MFB and yet they spam the forums with their pathetic systems or even pathetic pictures of MT4.
I am not sure If I can find other users here on MFB but lets give it a try. For all real traders here the rules are simple:
If you wish to discuss anything meaningful please post link to your real account you have here on MFB and stay focused.
No personal insults. No spam. No off-topic comments.
First topic to discuss.
1. Why 95% of the traders fail?
IMHO
(and here is my account https://www.myfxbook.com/members/togr/fxprimusc21/756902 to follow my own rules:))
They lack discipline, they do not study first and they do not stick to the plan.
What are your thoughts?
Membro Desde Feb 22, 2011
4862 posts
Dec 15, 2014 at 14:52
P.S.
you are welcome to submit any other topic
you are welcome to submit any other topic
Membro Desde Nov 21, 2011
1718 posts
Dec 15, 2014 at 22:13
Everyday new people get in touch with Forex, therefore you will always meet newbies.
Then if you want to avoid them... why would you talk about them???
This is very ugly picture from someone like you expecting verified account performance from others.
ps: I'm clearly not off topic.
Then if you want to avoid them... why would you talk about them???
This is very ugly picture from someone like you expecting verified account performance from others.
ps: I'm clearly not off topic.
Anexos:
Membro Desde Oct 10, 2014
22 posts
Dec 16, 2014 at 03:18
Hahaha
There are 2 rules for being successful. Rule 1, never tell them everything you know.
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 08:27
CrazyTrader posted:@CrazyTrader
Everyday new people get in touch with Forex, therefore you will always meet newbies.
Then if you want to avoid them... why would you talk about them???
This is very ugly picture from someone like you expecting verified account performance from others.
ps: I'm clearly not off topic.
Well I have nothing against newbies. But I do not like to waste my time with people who do not have proper knowledge and thus they have no arguments for discussion.
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 08:27
Post_Tropical posted:Exactly such comments I am trying to avoid.
Hahaha
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 08:28
Fxtein posted:
Nice picture of preschool boy:)
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 08:29
Well it seems there are no real traders interested.
Membro Desde Nov 19, 2014
169 posts
Dec 16, 2014 at 10:56
Patience grasshoper...Real Traders will answer your call in time..
Main Reason for failure;
1. The marketed belief that trading has to be done every day to be profitable.
This is what causes the other problems of discipline, impatience, emotional decisions..etc.
If something is not happening as quickly as you are led to believe, its easy to break your rules.
Larger Time Frames, Swing Trading is a big part of the solution.
4 Trades, 365 Pips, 17% on Demo here https://www.myfxbook.com/members/DRFXTRADING/duane/1079693 - which is 4 trades behind my Live Dukascopy Account (cant be linked to MFB) which is up 22% since use of Methodology.
Trades arent frequent, but when they come....
....more than worth the wait..
Main Reason for failure;
1. The marketed belief that trading has to be done every day to be profitable.
This is what causes the other problems of discipline, impatience, emotional decisions..etc.
If something is not happening as quickly as you are led to believe, its easy to break your rules.
Larger Time Frames, Swing Trading is a big part of the solution.
4 Trades, 365 Pips, 17% on Demo here https://www.myfxbook.com/members/DRFXTRADING/duane/1079693 - which is 4 trades behind my Live Dukascopy Account (cant be linked to MFB) which is up 22% since use of Methodology.
Trades arent frequent, but when they come....
....more than worth the wait..
Anexos:
Trade Less, Earn More
Membro Desde Nov 21, 2011
1718 posts
Dec 16, 2014 at 11:12
Yes they fail due to lack of experience and they don't swing the market indeed... @DRFXTRADING
All brokers shows daily and intraday signals... everyone fails into the trap to get quick extra cash and they over trade... Brokers are happy by commissions.
While the secret is clearly to swing.... and it isn't that hard after 1 to 3 years demo, to start to feel market and find good set up entry.
All brokers shows daily and intraday signals... everyone fails into the trap to get quick extra cash and they over trade... Brokers are happy by commissions.
While the secret is clearly to swing.... and it isn't that hard after 1 to 3 years demo, to start to feel market and find good set up entry.
Dec 16, 2014 at 11:44
vontogr@ ,
But you already answer on your question about 95% traders... - 'they do not know basic forex terms, they do not have any real and stable systems'
btw having real account - it doesn't mean that he is a good trader
But you already answer on your question about 95% traders... - 'they do not know basic forex terms, they do not have any real and stable systems'
btw having real account - it doesn't mean that he is a good trader
What a beautiful life!
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 12:01
CrazyTrader posted:@CrazyTrader
Yes they fail due to lack of experience and they don't swing the market indeed... @DRFXTRADING
All brokers shows daily and intraday signals... everyone fails into the trap to get quick extra cash and they over trade... Brokers are happy by commissions.
While the secret is clearly to swing.... and it isn't that hard after 1 to 3 years demo, to start to feel market and find good set up entry.
I agree. People who would like to be rich instantly usually lose everything at a light speed.
Discipline is the key. Following the system and having good system is important.
Also greed is a big problem for traders, if they have success for some time then again they feel so confident the broke system rules and make mistakes.
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 12:03
EmmaFX3m posted:@EmmaFX3m
vontogr@ ,
But you already answer on your question about 95% traders... - 'they do not know basic forex terms, they do not have any real and stable systems'
btw having real account - it doesn't mean that he is a good trader
that's my point of view but I would like to also know others opinion
What I meant is real account with good performance. Or what you suggest to filter real and good traders?
Membro Desde Nov 21, 2011
1718 posts
Dec 16, 2014 at 12:41
A good trader can be filtered by live signals he provides.... like I do. : )
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 12:46
CrazyTrader posted:Yes good system could be filtered. But the point was how the trader going to participate in discussion proves this. IMHO the simplest solution is insert link to his system on MFB to discussion.
A good trader can be filtered by live signals he provides.... like I do. : )
Membro Desde Nov 21, 2011
1718 posts
Dec 16, 2014 at 12:49
'how the trader going to participate in discussion proves this'
I do it in realtime since 2 years...
I do it in realtime since 2 years...
Membro Desde Nov 21, 2011
1718 posts
Dec 16, 2014 at 12:55
(editado Dec 16, 2014 at 12:58)
Here is a new topic:
What do ou think about this Martingale?
If you have a system with:
SL = 10
TP = 100
You can loose 19 times in a row, if you win 100 pips on the 20th time, you get your money back! ($5)
What do ou think about this Martingale?
If you have a system with:
SL = 10
TP = 100
You can loose 19 times in a row, if you win 100 pips on the 20th time, you get your money back! ($5)
Anexos:
Membro Desde Feb 22, 2011
4862 posts
Dec 16, 2014 at 12:56
CrazyTrader posted:
'how the trader going to participate in discussion proves this'
I do it in realtime since 2 years...
Please post the link to your real profitable MFB account to fulfill the forum rules.
Membro Desde Nov 21, 2011
1718 posts
Dec 16, 2014 at 13:15
(editado Dec 16, 2014 at 13:15)
togr posted:CrazyTrader posted:
'how the trader going to participate in discussion proves this'
I do it in realtime since 2 years...
Please post the link to your real profitable MFB account to fulfill the forum rules.
Traders following my signals don't need to see my live account to realize I provide awesome signals... Simply check out yourself.
Get interested in other experienced taders if you want to know about them.
