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Another one? ...
LoL, search function must be so old school...https://www.cliqforex.com/attachments/1524794517.pngQuote:
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Depend on who Desires to know and why
GS
If you're not successful why would you take action?? Casinos are for gambling https://www.cliqforex.com/attachments/1524794517.pngQuote:
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immediately comes to mind. He is a shining example that we can triumph in retail forex. https://www.cliqforex.com/attachments/1524794517.pngQuote:
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https://www.cliqforex.com/general-fo...ce-trades.html
Hi...I'm Bala
Of course there are lots of successful retail traders on the market....may be I will help.
There are, but not me for now...
I know a guy. He doesn't tell me but I know that he went from rags to riches trading forex. He closed it when he made 20 percent a year after the investors had been angry at him and had his own hedge fund. They were constantly calling him.
But I know that when he started he did all the noobie mistakes. He trades in the Asian session. Only uses price action. Closes his rankings. No overnights. Consistently utilizes an emergency stop loss but doesn't care about risk reward. He uses stop reduction for circumstance. Brexit, korean missive, Democrat. But closes the position when the trade doesn't go his way. He told me that his prior flaws was that he had been stubborn. He wanted to win. And he told me that you are a winner once you shut a trade once you find the market change, lose or win. Soros used to perform the same.
Sorry, my question wasn't clear I meant famous successful Forex traders such as Soros but in retailQuote:
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most, if known, is because not in retail anymore. Like Soros. https://www.cliqforex.com/attachments/1524794517.pngQuote:
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does not need to be a star, just moderately famous for trading forex as retail successful. https://www.cliqforex.com/attachments/1524794517.pngQuote:
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My friend is famous here in Japan. You will find articles written about him in English. I see him. I'll ask if I can mention his name on this forum.
Well actually if you were to read most of the articles posted in this forum on the market, 90 percent of the traders below are successful and you'll have a difficulty to find a one that is ineffective. Hehe.
GS
So many effective RETAIL Forex traders here, we can assist .Quote:
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successful RETAIL Forex traders??? HAHAHAHAHA! ROTF LMAO! You've got to be kidding! The very fact you're asking should inform you the answer.... Think about it...
Only the typical subject that gets hardly any answers ... I wonder why...
Social trading and commerce copying are terribly faulty for both traders and investors, just another scheme that benefits the houseQuote:
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Yes. This is your proof.Quote:
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Today, let's have some fun. I'll wager 10k that he will not have the ability to restrain himself from posting some kind of reply, right or otherwise. Bet that is same applies to the other suspects. LOL
And I'll bet a much larger amount which their replies don't have any influence on the future performance of the account. Which kind of makes any trade pointless, as money speaks it does in my novel.
Get your popcorn out, people. Https://www.cliqforex.com/attachments/1524794517.png
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Now, no offence, but I'll let you know why I can't take threads like this seriously.
What is successful?
Any account demoning a positive balance after 1 week? 3 months? 2 decades?
10 wins out of 10? 90 out of 100? 700 out of 1,000? (see this)
1 percent return a month? 10%? 50 percent, but with a worst case? (see this and this)
5 consecutive profitable months? 20 profitable months out of 30?
A profit factor of 5 after 100 trades? Of 1.5 after 2,000 trades? (see this)
What about a martingale that's made 200% return so far, without imploding? (see this)
What level of functionality is essential to prove trading 'competence' over mere 'luck'? Skeptics and I have recently been arguing this point. If somebody is skeptical enough, it doesn't matter what you show them even if luck can rather be ruled out, they will discover other motives (e.g. accusations of faked results, presentation, anything -- view this, for instance).
In the end of the afternoon, nothing is totally provable. That is why I consider threads like this to be pointless. And that's why I doubt you will get many responses from serious traders.
If you're delighted with your own performance, that's all that matters.
The that-was-then and this-is-now evidence will always be considerably more powerful than just the this-is-now evidence.Quote:
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Well, as hopefully considered one of the usual suspects, I only respond to make clear that 10k won't be sufficient to silence me.... LOL.Quote:
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It is not even a matter of money! Enough people sell their spirit in this industry.
This glow announcement, in its current form, is no valid evidence for a prosperous retail trader and you understand precisely why.
You have clarifiednigeriaforextradingperfectly https://www.cliqforex.com/attachments/1524795095.pngQuote:
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https://www.cliqforex.com/attachments/1524795095.png
Thanks.
It's almost reached the stage where that statement could read true for the entire forum.Quote:
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We have armchair analysts cutting and pasting their stats from Wikipedia all the while citing academic studies
from recognized sources that are faulty. The newest recent thread is all about suicide, and also the interactive
area is full of posters drawing a line below and above current price then telling you they know where
the market is led lol.
And do not get me started on the commercial associates thatnigeriaforextradingshould have put put behind a paywall that a LONG
time past.
This place has become the trading equal of a Philip K Dick novel - fascinating reading but likely to piss you off.
Sucessfull I would specify in my opinion, as soon as you can earn more then 2 times (greater 5-10 times to compensate holidays and infrstructure and individuals payed possibly) the cash each month (generally over one year) you could get with a fantastic job ( or all your additional opportunity costs for doing so trading, even if you've still the work then the costs are very small and sucess is much more easy to get), so you are compensated for investing some time and work and more risk. And of course the account includes a upward equity curve, quite little standard deviation and smaller max drawdown.Quote:
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But sucess only to see in 1 account is often near impossible (possibly when somebody has of his asset and cash in this account), near anyone with sucess spend the shortterm profits in mid and longterm investments and the entire package performance has to be rated as sucess or no sucess. So from 1 account it is hard to say anything about sucess of a trader, only from all resources somebody has.
I'm successful, but not out of trading. But the definition is covered by me, cause being powerful and a hobby trader in the same time, addresses the significance of trader. I hope you understand that. My trading does not have to be prosperous, because in the front of the term trader, I have the term powerful, which I'm and after all does not actually count or matter. Https://www.cliqforex.com/attachments/1524795095.png
Last, but not least, I have one of the best low IQs on this forum. That is just another thing I can beat you at! Nobody can beat my IQ of 75 points! So, calling me Champ, wouldn't be an inappropriate... Got this? https://www.cliqforex.com/attachments/1524795095.png
I am profitable. I have an internet lead generation enterprise. I am a part of a professional team trading account which employs a system. I've adopted this system to exchange my account. I used the month of January make sure I executed and to check this month, and I've done. I will begin using my personal cash come mid Feb..
I also am political. I do some fund raising.
Hi Mr sharingan9, can I join your group too?Quote:
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Unfortunately no. It is a private trading group that's connect to your own business. Employees and intital investors only I'm afraidQuote:
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welp. . haha https://www.cliqforex.com/attachments/1524795095.pngQuote:
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What should be the criteria to judge somebody success???
I dropped my LIVE account in three weeks, is this achievement??
I would say at least year's equity curve to Show at least on some level your egy can prove profitable through all 4 quarters of the yearQuote:
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mr sharingan9, when will you do new video? I watched your movie on youtube but it nearly a year and I cant get the indior https://www.cliqforex.com/attachments/1524795095.png
those videos were just testing systems. I do not exchange those systems with cashQuote:
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Crucial Point I Think.
Totally agree, though it generally takes over just a few anonymous strangers to knock me off. I don't take too much of what's said seriously any longer.Quote:
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I believe the Eleanor Roosevelt quote (great minds discuss ideas.... Small minds discuss people) is very apposite for trading forums.
___________________________
Well I certainly will not be killing the account just to demone some anonymous strangers the money is real! And of course when I did, there would not be a way of offering evidence that is valid given that apps like photoshop allow pictures to be easily faked -- that any withdrawal was bona fide. My assurance comes primarily from knowing their approach as I suggested previously; the outcomes are secondary. I'm happy to simply leave you to your own skepticism. Https://www.cliqforex.com/attachments/1524795096.pngQuote:
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I doubt that it's easily feasible to prove -- or disprove -- proficiency objectively, in any instance. Personally, I favor qualitative proof -- a demo of how a specified 'border' exploits current market microstructure, such as -- to quantitative proof, because (as illued here), it's very simple to be 'fooled by randomness'; and there'll always be outliers, plus a margin for error, in which statistics are concerned. Whether the retail failure rate is 90%, or 95 percent, or 99.9999% doesn't concern me ; I merely sit here on the sidelines as a sometime hobbyist, but most of all a curious observer.
Many thanks to the discussion. I appreciate the time and effort that went to your replies. If I might say so -- as I'm capable and that I attempt to do so with as much sincerity and humility -- I rate your ability to construct a substantive and sensible argument as being before that of the 'usual suspects'. Much respect, and great dre. https://www.cliqforex.com/attachments/1524795096.png
David
You lived the collapse phase? Happy to see you,please share your own story.Quote:
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I mean that this is currently is a snap shot. All you need to do is revisit this track record some time in the future... Usually, you'll find that it's no longer performing this well.Quote:
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So that was subsequently (if it was winning) becomes the this is currently (it is shedding)
and of course the opposite will occur too.
It means that a track record is absolutely meaningless since the wheel of fortune turns and turns in a somewhat arbitrary and annoying manner
I think that there are lots of these kind of traders also. Of course their portion is less than regular ones, but afterall this world also bears it's fruit and decent profit.
Are there any RETAIL Forex trader out there?