Real traders

Hi,

I am tired of discussion with users that do not know basic forex terms, they do not have any real and stable systems here on MFB and yet they spam the forums with their pathetic systems or even pathetic pictures of MT4.

I am not sure If I can find other users here on MFB but lets give it a try. For all real traders here the rules are simple:

If you wish to discuss anything meaningful please post link to your real account you have here on MFB and stay focused.
No personal insults. No spam. No off-topic comments.

First topic to discuss.
1. Why 95% of the traders fail?

IMHO
(and here is my account https://www.myfxbook.com/members/togr/fxprimusc21/756902 to follow my own rules:))
They lack discipline, they do not study first and they do not stick to the plan.
What are your thoughts?

P.S.
you are welcome to submit any other topic

Everyday new people get in touch with Forex, therefore you will always meet newbies.

Then if you want to avoid them... why would you talk about them???

This is very ugly picture from someone like you expecting verified account performance from others.



ps: I'm clearly not off topic.

Hahaha

CrazyTrader posted:
Everyday new people get in touch with Forex, therefore you will always meet newbies.

Then if you want to avoid them... why would you talk about them???

This is very ugly picture from someone like you expecting verified account performance from others.



ps: I'm clearly not off topic.

@CrazyTrader
Well I have nothing against newbies. But I do not like to waste my time with people who do not have proper knowledge and thus they have no arguments for discussion.

Post_Tropical posted:
Hahaha

Exactly such comments I am trying to avoid.

Fxtein posted:

Nice picture of preschool boy:)

Well it seems there are no real traders interested.

Patience grasshoper...Real Traders will answer your call in time..

Main Reason for failure;

1. The marketed belief that trading has to be done every day to be profitable.

This is what causes the other problems of discipline, impatience, emotional decisions..etc.

If something is not happening as quickly as you are led to believe, its easy to break your rules.

Larger Time Frames, Swing Trading is a big part of the solution.

4 Trades, 365 Pips, 17% on Demo here https://www.myfxbook.com/members/DRFXTRADING/duane/1079693 - which is 4 trades behind my Live Dukascopy Account (cant be linked to MFB) which is up 22% since use of Methodology.


Trades arent frequent, but when they come....




 


....more than worth the wait..

Yes they fail due to lack of experience and they don't swing the market indeed... @DRFXTRADING

All brokers shows daily and intraday signals... everyone fails into the trap to get quick extra cash and they over trade... Brokers are happy by commissions.

While the secret is clearly to swing.... and it isn't that hard after 1 to 3 years demo, to start to feel market and find good set up entry.

vontogr@ ,
But you already answer on your question about 95% traders... - 'they do not know basic forex terms, they do not have any real and stable systems'
btw having real account - it doesn't mean that he is a good trader

CrazyTrader posted:
Yes they fail due to lack of experience and they don't swing the market indeed... @DRFXTRADING

All brokers shows daily and intraday signals... everyone fails into the trap to get quick extra cash and they over trade... Brokers are happy by commissions.

While the secret is clearly to swing.... and it isn't that hard after 1 to 3 years demo, to start to feel market and find good set up entry.

@CrazyTrader
I agree. People who would like to be rich instantly usually lose everything at a light speed.
Discipline is the key. Following the system and having good system is important.
Also greed is a big problem for traders, if they have success for some time then again they feel so confident the broke system rules and make mistakes.

EmmaFX3m posted:
vontogr@ ,
But you already answer on your question about 95% traders... - 'they do not know basic forex terms, they do not have any real and stable systems'
btw having real account - it doesn't mean that he is a good trader

@EmmaFX3m
that's my point of view but I would like to also know others opinion
What I meant is real account with good performance. Or what you suggest to filter real and good traders?

A good trader can be filtered by live signals he provides.... like I do. : )

CrazyTrader posted:
A good trader can be filtered by live signals he provides.... like I do. : )

Yes good system could be filtered. But the point was how the trader going to participate in discussion proves this. IMHO the simplest solution is insert link to his system on MFB to discussion.

'how the trader going to participate in discussion proves this'
I do it in realtime since 2 years...

Here is a new topic:

What do ou think about this Martingale?



If you have a system with:
SL = 10
TP = 100
 You can loose 19 times in a row, if you win 100 pips on the 20th time, you get your money back! ($5)

CrazyTrader posted:
'how the trader going to participate in discussion proves this'
I do it in realtime since 2 years...

Please post the link to your real profitable MFB account to fulfill the forum rules.