Thread: It seems impossible to make money in the long run

I have been using a trading for 6 weeks. I have taken more than 50 transactions in several markets conditions (huge volatility, poor volat, balanced, imbalanced, newsflow, risk aversion). Now I choose to backtest manually and I figured out that it is not quite as profitable as it seems.

To tell the truth I am suprised. I was believing not the validity of a system or 80 transactions was enough to establish but I was incorrect.

Is anybody here may show a successful trading explorer for a long time or a few months?

(Excuse my poor english)

Originally Posted by ;

quote Just a heads up Partner. Between 2000 and 2010 I labored at the managed funds sector as a compliance supervisor for a Responsible Entity (Trustee) and Custodian of controlled capital. In that capacity it was my job to estimate the risk management activities of every FUM. I had access to a high number of investment managers in Australia and was privvy to their trading egies as well as heavy duty research in areas of risk management. In the majority of schemes (but definitely not all), their trading egies (whilst mainly being based...

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I believe what you may be missing here is that this sport is a different ball game to get a retail trader vs a fund manger, thanks to many obvious aspects... so a successful long-term trend following techniques used by a fund manager don't necessarily imply success for a straightforward retail trader... somewhat irrelevant IMHO.


Thanks for your input signal,

Originally Posted by ;

quote, I think what you may be missing here is the game is totally a different ball game for a retail trader versus a fund manger, thanks to a lot of apparent aspects... so a powerful long-term trend following techniques utilized by a fund manager don't necessarily mean victory for a straightforward retail trader... somewhat irrelevant IMHO.

The article before related to an announcement from member KmBioDmoneda that said As for the hedge funds, and magical men of Currency Market, have you ever seen their trade background? Have you any idea how long they are opening or closing their rankings for? Can you understand they are swing trading? The fact is that you DON´T because that info isn´t supplied to the public.

I only thought I'd shed some light onto the fact that there is really nothing too mysterious about the trading methods of the majority of fund managers at least in Australia. The simple fact is that if the Responsible Entity cannot realize the trading procedure and risk impliions of an investment manager then there will be no fund in the first place since it is the Responsible Entity within this environment that holds the risk.

PS It is my experience that the trading game is tougher for the fund manager as the sums involved are far larger demanding skillful placement and the demand for consistent returns is a priority. We've got it blessed supplied we stay out of the jaws

Originally Posted by ;

quote Absurd comment. Price action has no guidelines, What it has is a range of movement determined by the laws of supply and demand which can be predicted by the trader enough to give her or him an advantage. The rules that exist are those that should be obeyed by the traders .

So price action has no rules ? Would you please be enough to explain to me what is the definition of a change and an expansion. As both of those is what generates what you see on your chart as price action.

Originally Posted by ;

quote Just a heads up mate. Between 2000 and 2010 I labored in the managed funds industry for a compliance supervisor for a Responsible Entity (Trustee) and Custodian of controlled funds. It was my job to assess the risk management activities of each FUM. I had access to a number of successful investment managers and has been privvy to their own trading egies as well as heavy duty research in areas of risk management. In the majority of schemes (but certainly not all), their trading techniques (whilst largely being based...

what's your response suppose to disclose? Am I suppose to take your word that YOU WERE and trust that what you say is true? Your response has not shown the lack of transparency by the hedge funds to their clients as for the positions that they take. Which impart t reveal if they scalping or are currently swinging.

Patterns is one of the influential things in price action, in case you understand patterns you will know everything happening on a chart across all intraday timeframes.

Originally Posted by ;

quote Absurd Remark. Price action has no guidelines, What it has is a range of motion determined by the laws of demand and supply which can be predicted by the trader sufficient to provide him or her an edge. Are the ones that must be obeyed by the traders themselves.

Why not only tell us all what is your definition of an ENGULF. Engulf is a part of price action, hence price action has principles as engulf has a very definite and specific definition.

Originally Posted by ;

quote Why not simply tell us what is your definition of an ENGULF. Engulf is part of price action, thus price action has particular rules as engulf has a definition.

You are talking about chart patterns here, not rules, which as I've already said, do not exist in price movement. Chart patterns give an indiion of future market movements, they do not supply rules.

; I will answer later.





It's time to lose cash

TA doesn't work. Set and pray.