Newbies Mistakes -
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thread: Newbies Mistakes

  1. #31
    Senior Member Tataylo's Avatar
    435
    Are there some successful RETAIL Forex trader out there?
    Yes. This is your proof.

    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.
    _______________________________________

    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.

  2. #32
    Social trading and commerce copying are terribly faulty for both traders and investors, just another scheme that benefits the house

  3. #33

  4. #34
    Junior Member Mokchipk86's Avatar
    17
    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...

  5. #35
    Junior Member Gokso1234's Avatar
    17
    Are there any successful RETAIL Forex trader out there?
    So many effective RETAIL Forex traders here, we can assist .

  6. #36
    Member Ejbl's Avatar
    33
    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

  7. #37
    Junior Member Dextroxs's Avatar
    27
    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.

  8. #38
    Junior Member jackrede's Avatar
    19
    quote most, if understood, is because not in retail anymore. Like Soros.
    does not need to be a star, just moderately famous for trading forex as retail successful.

  9. #39
    quote Sorry, my question was not clear I meant famous successful Forex traders like Soros but in retail
    most, if known, is because not in retail anymore. Like Soros.

  10. #40
    Junior Member jackrede's Avatar
    19
    quote If you're not successful why do you do it?? Casinos are for gaming
    Sorry, my question wasn't clear I meant famous successful Forex traders such as Soros but in retail

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