Who is making money?

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Joe Pipette
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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]

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aliassmith
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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
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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 .
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TheRumpledOne
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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!

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prochargedmopar
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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

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danielledavidson
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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
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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
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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.

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johnedward
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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

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elkin.fernandez
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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.
My long term bag: Bitcoin, ZCash and Chainlink 8)

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