Buying systems that already make alot of money

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justpipenalong
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Buying systems that already make alot of money

Postby justpipenalong » Thu Dec 04, 2008 8:58 pm

Im very confused,i dont know if i have the time to learn to trade,it seeems very complex and time consuming.

I mean isnt easyer to just buy a system that is already making alot of money than just loosing your money to start with?

I have been jumping around forums doing research on systems, it seems 60/50 are against purchasing asystem from bad experience,but on the other hand i have heard good things about other 1s.

So my ? is,can any1 recommend a good system?
Or has/is any1 trading this system? www.doubling-forex-robot.com
Any help highly aprreciated,im not rich,so i wonna start of on the right foot.

Thanks
justpipenalong

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eudamonia
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Postby eudamonia » Thu Dec 04, 2008 11:56 pm

Gonna be harsh cause you need to hear (but I know you won't listen anyway).

Nobody is gonna sell you a system that is worth $hit.

Take it from my personal experience. I have spent thousands on automated strategies. This is a losers game. The only winner is the system vendor.

Think about this logically. If you could make even 2% per month with an automated system why would you ever sell it? Even if you were dead broke you would find some money.

Now before anyone else comes in and says they have a winning system - yes there are winning systems out there. But they ain't for sale. To the OP - go make your own.

Blood, sweat, and tears are what is required to trade successfully. There are NO exceptions. If you can't face that, then put your money in Lehman brothers like the rest of the mutual fund newbs out there and prepare to burn all your money with "buy and lose" methods.

Good luck.

Edward
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koolbreeze
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Postby koolbreeze » Fri Dec 05, 2008 1:46 pm

justpipenalong,


Im very confused,i dont know if i have the time to learn to trade,it seeems very complex and time consuming.

Let me see if I understand your sentiment. You want to embark on an endevour that has unlimited wealth potential and you are already complaining about it not being easy. Are you serious or just pulling our chains.

If you are serious, pack it up and don't look back. This business will bite your head off and spit you out.

MachStoch
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Postby MachStoch » Sat Dec 06, 2008 5:12 am

The OP cracks me up. Guess where his $ is going to go? Can you say down the toilet!

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TheRumpledOne
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Postby TheRumpledOne » Sun Dec 07, 2008 1:09 am

koolbreeze wrote:justpipenalong,


Im very confused,i dont know if i have the time to learn to trade,it seeems very complex and time consuming.

Let me see if I understand your sentiment. You want to embark on an endevour that has unlimited wealth potential and you are already complaining about it not being easy. Are you serious or just pulling our chains.

If you are serious, pack it up and don't look back. This business will bite your head off and spit you out.


THEY WANT YOU TO THINK TRADING IS COMPLEX SO YOU'LL BUY SOMETHING FROM THEM!

Trading is SIMPLE.

See my NEVER LOSE AGAIN threads.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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eudamonia
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Postby eudamonia » Sun Dec 07, 2008 7:50 am

Avery - too funny. You trying to tell this guy that it's easy. It is easy. But it is also a lot of work. Trading is a funny contradiction.

Edward
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

khalid
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Postby khalid » Sun Dec 07, 2008 9:01 am

SIMPLE is: easy to understand, deal with, use, etc.

EASY is: not hard or difficult; requiring no great labor or effort.

Two DIFFERENT things.

I have never read Avery write 'trading is easy'.

Here again, he wrote:

Trading is SIMPLE.


And he is RIGHT; trading is SIMPLE -- the simplest business in the world.

Even though it may also be the most difficult!

Khalid

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eudamonia
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Postby eudamonia » Sun Dec 07, 2008 6:52 pm

Khalid,

Good insight. Never thought to separate the two.

Edward
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

justpipenalong
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Postby justpipenalong » Sun Dec 07, 2008 7:08 pm

ok,i see your points,but if these people ae full of s**t,then isnt this fraud?
90Day moneyBack,,mmm,im still considering and run on a demo,if i do ill post the outcome.

Other options im thinking is to open Tradestation,wealthlab,but then again u cant bck test portfolios on these?as far as i can find.


Rumpletone,i think u are correct,,trading isnt complicated,even with the minium knowledge i have at this stage.
Prices go up,prices go down and side ways,trade trends and trade range,i would think most indicators would be useless(lagging)and to follow the price in % would be the way to go,spread risk across as many markets u can afford(non correlated) and use correct moneyManagement.

Thank You For your Opinions

koolbreeze
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Postby koolbreeze » Sun Dec 07, 2008 7:33 pm

ok,i see your points,but if these people ae full of s**t,then isnt this fraud?

I want to be polite but you may be really naive or still just pulling our chains. I'm still voting for the latter.

In the event the former is true, I've got news for you, this isn't Disney Land. Of course it's fraud. The whole market we trade in is based on fraud, deception and out right lies. Are you kidding me.

Save your money my friend. Like I said earlier, this biz will bite your head off and spit you out.

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