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BellaVista507 posted:

GMGCORP posted:

richfxtrader100 posted:
I do not use a stop loss. It is a very hard concept for the vast majority of retail traders to understand. They are brainwashed to use stop losses from the moment they discover FX. On the same hand, only experience can help any trader understand why there are traders that do not use them and the reasons they do not use them. I do not try to explain the concept anymore, because if it has to be to explained to someone, they will not understand it anyway.

Yes, you're right. I came to the conclusion that my SL is the TP of the market. I mean, I realized that many times the market hit my SL by just 1, 2 or even 0.5 pips and then went to my direction. So I thought that since we were in a downtrend (or uptrend) it was just matter of time for the price go to my TP. As you say, it's something that can't be fully explained.

Hola amigo como estas,
             I think if you look at the market as you do, then you are personalizing trading way to much. The reality is the market moves on price action, and price action doesn't move towards 'trends'. The reality is trend continue to get stronger because the majority of the retailers are doing the opposite. Look at that EU spike of 400 pips in one day, which we had about 3 weeks ago. That spike was more than enough to stop out the people 'following the trend', as those who believed the trend 'had reversed' also are suffering losses.
           Richfxtrader100 advice about not using stop loss is by far one of the reckless things anyone can do. Here is a client who asked me to help him recover his loss, because his last manager refused to use stop loss.



 You can see that the trader placed very small lot sizes, and look at how those trades turned out for him.

I do not 'advise' anyone to not use a stop loss. I do not advise anyone to do anything regarding trading, because what may be effective for one person may not work for another due to an infinite number of variables.

Trading in and of itself is not for everyone. As a matter of fact, very few retail traders should be trading live, and most retail traders should not really be trading at all. But that is a whole other issue.

What amazes me about forums like this, is that 99.9% of the people that criticize everything refuse to show how 'successful' they are with their own trading by displaying their own stats - since they consider themselves experts who seem to know everything. They know so much but come up with every excuse on earth to not show THEIR own live trading results with real funded accounts. And the old 'I don't want people to see my account for security or 'I don't need to prove anything' - well all you really 'prove' when you fail to show what you can do in real life conditions is 'prove' that you are blowing hot air.

I notice how your own trading stats are only a few DAYS old as of this post. Hardly a lengthy enough track record proving any level of expertise or effectiveness. Come back when you have a few months to show and then tell us how much you know.

I stand behind what I do. I make no apologies for it and I don't need to explain myself. I let my results speak for themselves. Anyone is free to see whether how I do what I do bears itself out in what we are here to do. Make MONEY. Because as far as I know, no one is paying bills with their opinion.

Whomever objects to my trading methods is free to create their own trading success in whatever manner they choose. All the best to them in their pursuit of profit.

richfxtrader100 posted:

BellaVista507 posted:

GMGCORP posted:

richfxtrader100 posted:
I do not use a stop loss. It is a very hard concept for the vast majority of retail traders to understand. They are brainwashed to use stop losses from the moment they discover FX. On the same hand, only experience can help any trader understand why there are traders that do not use them and the reasons they do not use them. I do not try to explain the concept anymore, because if it has to be to explained to someone, they will not understand it anyway.

Yes, you're right. I came to the conclusion that my SL is the TP of the market. I mean, I realized that many times the market hit my SL by just 1, 2 or even 0.5 pips and then went to my direction. So I thought that since we were in a downtrend (or uptrend) it was just matter of time for the price go to my TP. As you say, it's something that can't be fully explained.

Hola amigo como estas,
             I think if you look at the market as you do, then you are personalizing trading way to much. The reality is the market moves on price action, and price action doesn't move towards 'trends'. The reality is trend continue to get stronger because the majority of the retailers are doing the opposite. Look at that EU spike of 400 pips in one day, which we had about 3 weeks ago. That spike was more than enough to stop out the people 'following the trend', as those who believed the trend 'had reversed' also are suffering losses.
           Richfxtrader100 advice about not using stop loss is by far one of the reckless things anyone can do. Here is a client who asked me to help him recover his loss, because his last manager refused to use stop loss.



 You can see that the trader placed very small lot sizes, and look at how those trades turned out for him.

I do not 'advise' anyone to not use a stop loss. I do not advise anyone to do anything regarding trading, because what may be effective for one person may not work for another due to an infinite number of variables.

Trading in and of itself is not for everyone. As a matter of fact, very few retail traders should be trading live, and most retail traders should not really be trading at all. But that is a whole other issue.

What amazes me about forums like this, is that 99.9% of the people that criticize everything refuse to show how 'successful' they are with their own trading by displaying their own stats - since they consider themselves experts who seem to know everything. They know so much but come up with every excuse on earth to not show THEIR own live trading results with real funded accounts. And the old 'I don't want people to see my account for security or 'I don't need to prove anything' - well all you really 'prove' when you fail to show what you can do in real life conditions is 'prove' that you are blowing hot air.

I notice how your own trading stats are only a few DAYS old as of this post. Hardly a lengthy enough track record proving any level of expertise or effectiveness. Come back when you have a few months to show and then tell us how much you know.

I stand behind what I do. I make no apologies for it and I don't need to explain myself. I let my results speak for themselves. Anyone is free to see whether how I do what I do bears itself out in what we are here to do. Make MONEY. Because as far as I know, no one is paying bills with their opinion.

Whomever objects to my trading methods is free to create their own trading success in whatever manner they choose. All the best to them in their pursuit of profit.

everyone has the right to trade as it is convenient to it.

KseniaGCN posted:

richfxtrader100 posted:

BellaVista507 posted:

GMGCORP posted:

richfxtrader100 posted:
I do not use a stop loss. It is a very hard concept for the vast majority of retail traders to understand. They are brainwashed to use stop losses from the moment they discover FX. On the same hand, only experience can help any trader understand why there are traders that do not use them and the reasons they do not use them. I do not try to explain the concept anymore, because if it has to be to explained to someone, they will not understand it anyway.

Yes, you're right. I came to the conclusion that my SL is the TP of the market. I mean, I realized that many times the market hit my SL by just 1, 2 or even 0.5 pips and then went to my direction. So I thought that since we were in a downtrend (or uptrend) it was just matter of time for the price go to my TP. As you say, it's something that can't be fully explained.

Hola amigo como estas,
             I think if you look at the market as you do, then you are personalizing trading way to much. The reality is the market moves on price action, and price action doesn't move towards 'trends'. The reality is trend continue to get stronger because the majority of the retailers are doing the opposite. Look at that EU spike of 400 pips in one day, which we had about 3 weeks ago. That spike was more than enough to stop out the people 'following the trend', as those who believed the trend 'had reversed' also are suffering losses.
           Richfxtrader100 advice about not using stop loss is by far one of the reckless things anyone can do. Here is a client who asked me to help him recover his loss, because his last manager refused to use stop loss.



 You can see that the trader placed very small lot sizes, and look at how those trades turned out for him.

I do not 'advise' anyone to not use a stop loss. I do not advise anyone to do anything regarding trading, because what may be effective for one person may not work for another due to an infinite number of variables.

Trading in and of itself is not for everyone. As a matter of fact, very few retail traders should be trading live, and most retail traders should not really be trading at all. But that is a whole other issue.

What amazes me about forums like this, is that 99.9% of the people that criticize everything refuse to show how 'successful' they are with their own trading by displaying their own stats - since they consider themselves experts who seem to know everything. They know so much but come up with every excuse on earth to not show THEIR own live trading results with real funded accounts. And the old 'I don't want people to see my account for security or 'I don't need to prove anything' - well all you really 'prove' when you fail to show what you can do in real life conditions is 'prove' that you are blowing hot air.

I notice how your own trading stats are only a few DAYS old as of this post. Hardly a lengthy enough track record proving any level of expertise or effectiveness. Come back when you have a few months to show and then tell us how much you know.

I stand behind what I do. I make no apologies for it and I don't need to explain myself. I let my results speak for themselves. Anyone is free to see whether how I do what I do bears itself out in what we are here to do. Make MONEY. Because as far as I know, no one is paying bills with their opinion.

Whomever objects to my trading methods is free to create their own trading success in whatever manner they choose. All the best to them in their pursuit of profit.

everyone has the right to trade as it is convenient to it.

  The question isn't of convenience. The question is of the a traders lack of respect for the market for trading with no stop loss. You can almost be certain that an investor will not risk his/her funds with a trader who uses no stop loss. Using no stop loss is like driving a car with no seatbelt. 99.99% of the times nothing occurred, but should that .01% occur and you don't have that seat belt on you can kiss your life good bye!

BellaVista507 posted:

KseniaGCN posted:

richfxtrader100 posted:

BellaVista507 posted:

GMGCORP posted:

richfxtrader100 posted:
I do not use a stop loss. It is a very hard concept for the vast majority of retail traders to understand. They are brainwashed to use stop losses from the moment they discover FX. On the same hand, only experience can help any trader understand why there are traders that do not use them and the reasons they do not use them. I do not try to explain the concept anymore, because if it has to be to explained to someone, they will not understand it anyway.

Yes, you're right. I came to the conclusion that my SL is the TP of the market. I mean, I realized that many times the market hit my SL by just 1, 2 or even 0.5 pips and then went to my direction. So I thought that since we were in a downtrend (or uptrend) it was just matter of time for the price go to my TP. As you say, it's something that can't be fully explained.

Hola amigo como estas,
             I think if you look at the market as you do, then you are personalizing trading way to much. The reality is the market moves on price action, and price action doesn't move towards 'trends'. The reality is trend continue to get stronger because the majority of the retailers are doing the opposite. Look at that EU spike of 400 pips in one day, which we had about 3 weeks ago. That spike was more than enough to stop out the people 'following the trend', as those who believed the trend 'had reversed' also are suffering losses.
           Richfxtrader100 advice about not using stop loss is by far one of the reckless things anyone can do. Here is a client who asked me to help him recover his loss, because his last manager refused to use stop loss.



 You can see that the trader placed very small lot sizes, and look at how those trades turned out for him.

I do not 'advise' anyone to not use a stop loss. I do not advise anyone to do anything regarding trading, because what may be effective for one person may not work for another due to an infinite number of variables.

Trading in and of itself is not for everyone. As a matter of fact, very few retail traders should be trading live, and most retail traders should not really be trading at all. But that is a whole other issue.

What amazes me about forums like this, is that 99.9% of the people that criticize everything refuse to show how 'successful' they are with their own trading by displaying their own stats - since they consider themselves experts who seem to know everything. They know so much but come up with every excuse on earth to not show THEIR own live trading results with real funded accounts. And the old 'I don't want people to see my account for security or 'I don't need to prove anything' - well all you really 'prove' when you fail to show what you can do in real life conditions is 'prove' that you are blowing hot air.

I notice how your own trading stats are only a few DAYS old as of this post. Hardly a lengthy enough track record proving any level of expertise or effectiveness. Come back when you have a few months to show and then tell us how much you know.

I stand behind what I do. I make no apologies for it and I don't need to explain myself. I let my results speak for themselves. Anyone is free to see whether how I do what I do bears itself out in what we are here to do. Make MONEY. Because as far as I know, no one is paying bills with their opinion.

Whomever objects to my trading methods is free to create their own trading success in whatever manner they choose. All the best to them in their pursuit of profit.

everyone has the right to trade as it is convenient to it.

  The question isn't of convenience. The question is of the a traders lack of respect for the market for trading with no stop loss. You can almost be certain that an investor will not risk his/her funds with a trader who uses no stop loss. Using no stop loss is like driving a car with no seatbelt. 99.99% of the times nothing occurred, but should that .01% occur and you don't have that seat belt on you can kiss your life good bye!

So use stops and be happy lol.

I trade so since 2012 and glory to me I trade and I earn

So use stops and be happy lol.

I am happy and without feet of loss

KseniaGCN posted:
I trade so since 2012 and glory to me I trade and I earn

That is what matters. I wish you continued success.

KseniaGCN posted:

So use stops and be happy lol.

I am happy and without feet of loss

Yes. Trading should be an enjoyable experience that gives a wonderful income and enables you to meet your goals.

KseniaGCN posted:

So use stops and be happy lol.

I am happy and without feet of loss

 Yes you have been able to trade without loss, but you clearly don't aim for accuracy when make your trades. None the less, if a person would of followed you from the beginning they would be up over 100%. So good job my friend. Keep up the good work.

BellaVista507 posted:

KseniaGCN posted:

So use stops and be happy lol.

I am happy and without feet of loss

 Yes you have been able to trade without loss, but you clearly don't aim for accuracy when make your trades. None the less, if a person would of followed you from the beginning they would be up over 100%. So good job my friend. Keep up the good work.

I aim for making money because bottom line that is all that matters.

richfxtrader100 posted:

KseniaGCN posted:

So use stops and be happy lol.

I am happy and without feet of loss

Yes. Trading should be an enjoyable experience that gives a wonderful income and enables you to meet your goals.

Thank you for understanding and support

BellaVista507 posted:

KseniaGCN posted:

So use stops and be happy lol.

I am happy and without feet of loss

 Yes you have been able to trade without loss, but you clearly don't aim for accuracy when make your trades. None the less, if a person would of followed you from the beginning they would be up over 100%. So good job my friend. Keep up the good work.

😝

@richfxtrader100
  It looks like you are losing equity my friend. You floating loss is pretty big. Now, let's see you add more orders like you do, and if it goes against you again, you will margin call. Your little grid trading is always exposed! Let us see you get out of this one!

@richfxtrader100 No comment sir?

This guy BellaVista507 has been going around harassing anyone on this forum who is showing a good return. His tactic is to try to discredit anyone that is doing better than him so that he can try to sell his system.

Notice on his track record he HIDES his poor results by changing his custom dates to show only the short period that he has done moderately ok.

Lets ask him about his 62% and 99% drawdowns that he HIDES about his own trading while he goes around criticizing others to make them look bad so he can sell his system and PAMM management services (which apparently does not work so well when you look at his FULL trading history).

[IMG]https://i64.tinypic.com/21c87er.png[/IMG]

[IMG]https://i68.tinypic.com/34eov81.png[/IMG]

BellaVista507 posted:
@richfxtrader100 No comment sir?

children, can write the successful fellow under my signal any nonsense?!!!

richfxtrader100 posted:
This guy BellaVista507 has been going around harassing anyone on this forum who is showing a good return. His tactic is to try to discredit anyone that is doing better than him so that he can try to sell his system.

Notice on his track record he HIDES his poor results by changing his custom dates to show only the short period that he has done moderately ok.

Lets ask him about his 62% and 99% drawdowns that he HIDES about his own trading while he goes around criticizing others to make them look bad so he can sell his system and PAMM management services (which apparently does not work so well when you look at his FULL trading history).

[IMG]https://i64.tinypic.com/21c87er.png[/IMG]

[IMG]https://i68.tinypic.com/34eov81.png[/IMG]

children, can write the successful fellow under my signal any nonsense?!!!

@richfxtrader100 I'm sorry but I don't hide anything. It is because of traders like you, who don't have a system which can actually profit in ANY type of market, clients come to me, looking to rescue their account. Remember I have been here since 2013, compared to you who have registered about 6 weeks ago.
  Clearly you are angry because I have pointed out your reckless trading, which by the end of next week should result in a margin call in your account. I'd love to see the excuse you place, or how you hide your tail between your legs. So let us get back to you, and how you went from only using 2% of your account, to now using 55% of your account. lol It looks like your grid method isn't working to well.






 

bellvista you block people from commenting because you think youre martingale is better than someone else's. Then you go to criticize others because they in DD? Grow some balls man. You trading less than 10k and less than 6 month history, so until you pass either these base levels I suggest you go back to fx guru training.