Who is making money?

everything that doesn't belong elsewhere cometh here

Moderator: moderators

Joe Pipette
rank: <50 posts
rank: <50 posts
Posts: 4
Joined: Sat Jul 04, 2015 3:53 pm
Reputation: 0
Location: Merica
Gender: None specified

Re: Who is making money?

Postby Joe Pipette » Fri Aug 14, 2015 9:46 pm

Answer: no-one on here. Just a lot of fantasists.
I made my money on welfare.
I only draw lines on old charts and pontificate on forums as a hobby.
Praise Allah.
[YouTube]https://youtu.be/d4VCNe1twOU[/YouTube]

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1692
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 65
Gender: Male

Re: Who is making money?

Postby aliassmith » Sat Aug 15, 2015 12:07 am

Haters are everywhere.
That Tim Sykes video is funny tho
https://youtu.be/d4VCNe1twOU
Trade Your Way as Long as It Makes Money!

dchappy
rank: 500+ posts
rank: 500+ posts
Posts: 971
Joined: Sat Feb 14, 2009 8:48 pm
Reputation: 297
Gender: Male

Re: Who is making money?

Postby dchappy » Sun Aug 30, 2015 9:38 pm

I have been helping a young trader learn to scalp .These are his trades and the chop he was trading through . He was disappointed with the results ,however I told him this was excellent trading !!!!. Why ? .... His 10 losses averaged 3 pips each ...Trading ( to me ) is about keeping losses small . Become an expert at taking small losses and the wins will take care of themselves .
Attachments
Screenshot_2015-08-29-21-32-46.png
Screenshot_2015-08-29-21-32-46.png (90.21 KiB) Viewed 2500 times
Screenshot_2015-08-29-21-28-45.png
Screenshot_2015-08-29-21-28-45.png (132.85 KiB) Viewed 2500 times

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12725
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1028
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Who is making money?

Postby TheRumpledOne » Sun Aug 30, 2015 9:47 pm

dchappy wrote:I have been helping a young trader learn to scalp .These are his trades and the chop he was trading through . He was disappointed with the results ,however I told him this was excellent trading !!!!. Why ? .... His 10 losses averaged 3 pips each ...Trading ( to me ) is about keeping losses small . Become an expert at taking small losses and the wins will take care of themselves .


Are you teaching this trader to be a YALE STUDENT?
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.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5935
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 346
Location: Granbury, TX
Gender: Male
Contact:

Re: Who is making money?

Postby prochargedmopar » Mon Aug 31, 2015 3:13 am

aliassmith wrote:Haters are everywhere.
That Tim Sykes video is funny tho
https://youtu.be/d4VCNe1twOU


Now that is some funny poop poo.
:mrgreen:

Can't ever accuse me of showing "fake" account data or trades...that's for SURE.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

danielledavidson
rank: <50 posts
rank: <50 posts
Posts: 10
Joined: Sat Oct 10, 2015 3:56 am
Reputation: 0
Gender: None specified

Re: Who is making money?

Postby danielledavidson » Sat Oct 10, 2015 3:59 am

I have to say that it's very hard to make money on here if you don't know what you're doing. There are some things that you can do though. Demo Forex, account is essentially a virtual trading platform where you can buy and sell various currencies without risking real money. In providing this service, Forex brokers replicate live online Forex trading within a test environment where no trade actually gets sent to the market. There is a slight caveat to this. In a true ECN market environment, trades will not necessarily be executed at the requested price you see in the electronic trading platform. This is because there is always a time lag between the time you trigger your trade, and the moment it actually reaches the bank on the other side of your Forex trade. In live trading, this is referred to as slippage, which may be favorable to you or go against you. This is fully expected, and under normal market conditions, won't be noticeable. Over the long-term, and when trading with a true ECN broker, slippage is likely to be in your favor and may help you accumulate substantial savings.

Kuznec
rank: <50 posts
rank: <50 posts
Posts: 10
Joined: Wed Jul 05, 2017 3:42 pm
Reputation: 0
Gender: None specified

Re: Who is making money?

Postby Kuznec » Tue Aug 15, 2017 4:32 pm

Sometimes the universe tells us through losses, that forex is simply not yours. Do something else.

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 223
Gender: None specified

Re: Who is making money?

Postby v8power » Wed Aug 16, 2017 6:42 am

Kuznec wrote:Sometimes the universe tells us through losses, that forex is simply not yours. Do something else.


Or try again, as most successful traders have lost a few accounts before they became successful. Its about thinking about a problem and how to solve it when in the worst situation possible.

How would you solve taking a 1,000 lot position possible, when your broker only lets you take 30 lot trades. Or what if they reject your trade and make you wait 5 min's to fill it. Or what are you gonna do when trading a 10 million account and are worried about black swan events and don't want o blow your account out with 1,000 pip move in mins.

Or go look back at some members post of MM and try to figure out how to max out the reward while taking almost zero risk.

O yea, I do make money in forex. So do a lot of members here.

User avatar
johnedward
rank: <50 posts
rank: <50 posts
Posts: 8
Joined: Wed Feb 03, 2010 1:11 pm
Reputation: 0
Location: Paris - France (home of the cheese)
Real name: John
Gender: Male
Contact:

Re: Who is making money?

Postby johnedward » Thu Oct 12, 2017 2:00 pm

On this subject of "who's making money?" I thought I would ask if - out of all the strategies posted here on this site - is anyone posting their performance on myfxbook.com?

As this website makes it easy to link one's real (and even demo) account to their site using MT4, for free, it is possible to have verifiable evidence of who's account is actually making money.

As an example, here is mine (don't laugh, I got my ass kicked!): http://www.myfxbook.com/members/johnedw ... om/2132941

User avatar
elkin.fernandez
rank: 50+ posts
rank: 50+ posts
Posts: 90
Joined: Tue Nov 29, 2016 12:51 pm
Reputation: 152
Location: Venezuela
Gender: Male

Re: Who is making money?

Postby elkin.fernandez » Fri Oct 13, 2017 2:37 pm

Are you teaching this trader to be a YALE STUDENT?


With MBA degree!. Just kidding DChappy.
8) ¡Just Trade It! (JTi) 8)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”