Forex = legal scam -
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thread: Forex = legal scam

  1. #31
    Are you refuting my announcement on market manipulation and teaching me about market not being manipulated?

    If yes, I believe you do not get what I am attempting to infer in market manipulation.

    I will just summarize in one paragraph.

    Market isn't due to manipulation because of broker prices/spreads/market manufacturer doing/spikes within my opinions, these are personal house rules, just like casino. My opinion on market manipulations refer to individual authorities having the power to execute different policies to change their particular market move within their favorite time frames to er to their economics' needs. My information, yet you do not require an evaluation: Stare in a chart with all the data till you receive it.


    Market manipulation????

    Yea... between a pip or 2 in the entry and exit. . thats it.

    If anyone believes that market has been manipulated for longer then those 1 or 2 pips that brokers screws us sometime, do this test 10 times: (demo account or real account with lowest lot if you want meaning to the test)

    Position a buy and a sell at the exact same time exactly the same pair.
    Position horizontal lines 50 pips above and under your entries.
    Once the price reach some of the 2 horizontal lines, then Close equally trades.

    Analyze the results:
    a) If in some of the 10 tests...

  2. #32
    Market manipulation????

    Yea... between a pip or 2 in the entry and exit. . thats it.

    If anybody thinks that market is manipulated for longer then those 1 or 2 pips that brokers screws us sometime, do so test 10 times: (demo account or actual account with smallest lot if you need meaning to the evaluation)

    Place a buy and a sell at the same time exactly the same pair.
    Place horizontal lines 50 pips above and below your entries.
    Once the price reach some of the 2 horizontal lines, Close equally transactions.

    Analyze the results:
    a) If some of the 10 tests you have 2 losses. . .The market has been manipulated against you.

    B) If in most 10 instances, you've got one winner and one failure... then, your lossing doesn't come from exploitation... it comes in trading the wrong direction more then 50% of the time.

    This may sound like a dumb test... and likely realize that no point in doing it .... But makes us believe how stupid we are and not be able to produce sound egies with something that can go just 2 manners and is economical to perform.

    Simply should go back to the drawing board... forget all useless and idiotic indiors and you are on your way.

    J.

  3. #33
    Junior Member Moktalat's Avatar
    21
    I like ur signature
    There are people that make things happen,There are those who see things Occur,and there are those who think What the F*** Simply happened :]

  4. #34
    Yea, no doubt that the market are manipulated, but it doesn't mean you cant reach your target or pocket any pips.

    Everybody win and lose in life including trading and doing business. Dont tell me doing a company is a sure win commerce, since there are those who closed down making a reduction or at least wasted time and operation costs until they begin making a profit.

    I will give u an example. Every public transportation, eg bus route are manipulated, do u accept the bus and end up not reaching your destination? Do u take the bus and expect it to go against the flow of traffic as what u wanted? All u should do is, simply board it if u drop at next bus stop, at the least you are one stop nearer to your target.

    Don't give up, only react to what price show u now. We confront all kind of barriers in life, do not we only react and get thru it? Your achievement will come.

    Good luck.

  5. #35
    Junior Member xavi__12's Avatar
    12
    Even if the markets are manipulated, it is going to be on a larger scale then the traders sitting in their rooms at home trading, you only need to use that manipulation to your advantage at every turn possible.

    Clearly it May Be difficult to predict certain tendencies or patterns if what you are expecting does not occur due to some sudden manipulation it is still nothing private

  6. #36
    Junior Member AyrpknSenna's Avatar
    11
    Exactly this is why no actual business man suggests any type of financial market.

    https://www.cliqforex.com/trading-sy...t-gbp-jpy.html

  7. #37
    Ive been trading for 2 decades today,and I can only say that forex is manipulated legal scam there is going.I have seen my share of occasions in forex that many could scratch their heads,but recent event in which crude oil dropped more then 11billion in 5 days time beats every thing in market manipulation,and no I didn't transaction crude or brent when this happened.I continue coming into forex with various attitudes ,egies,but at the end its central banks and government who decide which leadership euro goes,what devalues,and what profits,over to decades I made...
    Yep, I think it is manipulated (ok shoot me purists).

    The secret is to use it to your advantage...

  8. #38
    It requires a while to realize the market isn't out for you.

    Only me. .
    and i am not being paranoid. The manipulation and all, you will find put on for my detriment. They're out for me, not you.
    so cheer up .
    I know you a bit more now , the very reassuring post I've seen from you.

    It has been fun, thanks

  9. #39
    Ive been trading for 2 years today,and I could only state that Foreign Exchange is most manipulated legal scam there is going.I have seen my share of events from Foreign Exchange that many could scratch their heads,but recent event in which crude oil dropped more then 11billion in 5 days time beats every thing in market exploitation,and no I did not trade crude or brent if this happened.I continue coming to Foreign Exchange with different attitudes ,egies,but in the end its central banks and authorities who decide which leadership euro goes,what devalues,and what gains,over to years I left...
    It requires some time to see the market is not out to get you.

    Merely me. .
    and i am not being paranoid. The manipulation and all, you will find place on for my detriment. They're out to get me, not you.
    so cheer up.

  10. #40
    Junior Member ferri8's Avatar
    23
    First off lets start with the clear. You mention you've traded many egies/systems over the years with various attitudes, and this post seems to be filled with the wrong sort of attitude. At what stage did you opt to give up on one approach and move onto the next in the hope that it'd work and yes I used the word hope. How much time did you devote to ensuring there was a statistically viable reason to exchange it (the system) and above the interval did you notice some periods of continual drawdown, consecutive losses.

    You mentioned also that going back over your transactions that every of them would need work out, finally. How eventual? Was there some correlation to you quitting and the system suddenly would have come great. You would be surprise how often that happens when a trader gets fed up with an approach that has been successful over five decades of analyzing just because they could not get a winner for a month or two they moved through a period of sideways markets plus they dropped for 2-3 months consecutively.

    Manipulation is just market nature. Here in Australia FMG, a huge mining company lost 16 % and the bulk of it had been in the last hour of trading because of 'leak news' of the possible inability to remain financial due to their debt, interest payments and the tighter margins due to rising costs and reduced ore prices. Low and behold a couple of days later they 'possible' procured a refinance through 2 major banks and flourish 16 percent was added in the blink of an eye when the trading halt was lifted.

    You may get yourself enough chances to exchange if your patient, that includes trading during the rough times. Too be honest however, your probably best to prevent trading because you seem to lack specific traits that traders desire, not the least of which is taking ownership of your mistakes and not endangering market manipulation for your inability to remain with a plan for long enough.

    I say this because in the end of the day, two years is a short period of time to anticipate to profitable and reading some posts which you put in about May seeing your inability for being patient and manage risk (you admitting to taking 10% positions from the 'HOPE' that the market would move in your direction) it is little wonder that you are not coping. My advice if you will take it is to take what I have composed, absorb it and learn from what you are doing wrong. The killer is the risk. It impacts your mindset once you've opened a trade, it's going to have you exit transactions early when profitable because it's a sizable gain and it will have you sit losses as you don't need to realise that a 10% reduction in a transaction (or worse). General rule of thumb is that if you are really trying to fine tune and entry and immediately after becoming in you are biting your nails, not comfy and generally begging for green, then your position size is too big AND you haven't got an idea why you entered.

    The tough part for you is currently going back to fundamentals, that is provided you've calmed down and ready to face the fact that you hold the keys to your collapse not the market. Back to fundamentals involves spending some time documenting your past transactions and learning from them, working out a system of trading that works for YOU, not something that has been taken from a forum after reading the very first post and hitting the demo path or in the most a tiny micro account of $500 or what it is. IF you cannot do these things then your not ready for trading, simple and easy as that. Only once you've learnt how to trade properly with a low finance account can you proceed up the dimensions. Simply because you have more funds does not necessarily mean that you will be profitable, if anything it will probably be worse because you will be eager to take short profits and you won't be able to accept a growing reduction due to the emotional pain it can cause one.

    I want you all the best

    RT

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