Lastly, you will get absolutely nowhere blaming other people and other things. When you do this you fail to acknowledge your own faults. EURCHF can be traded profitably. If you can't trade it without losing money then that's your fault, not the boogyman's.
Succinctly ( bluntly briefly concisely crisply curtly neatly pithily tersely brusquely compactly compendiously laconically shortly summarily Adverb in a nutshell in brief in short to sum things up put.)
That's why small retail traders are paying the price for the bankers mistakes. They turned the market into a casino and now they want to make it all respectable again as ESMA put it - succinctly!!!
I know what the establishment is all about my dad started out at a motor manufacturers and went on to make millions in entertainment, but once he'd made those millions he didn't want to know the likes of me - his son!!! Actually it was before, but the fact is in his eyes I don't exist, never existed and just like the 14,000 small retail traders who posted on https://replytoesma.trading/ they don't exist either. So forgive me if I'm angry at the system cos the system is hypocritical!!! Despite having sent over a dozen emails to solicitors about these ruling I've only had one reply ...... and I've got the Chambers 100!!! I'm going to go through the list soon!!!
This is class discrimination by ESMA and a breach of Equal Opportunities and it's wrong, unjust and selfish. A multi trillion $ cake and they want it all to themselves!!!
NottsBlade posted: Total disregard for trend lines, averages and technical indicators. Turning the markets into a casino!!!
Using indicators is a casino! All indicators are useless, just because they teach to use them on babypips, doesn't mean they are worth something. You don't need any lines, tunnels or indicators to trade. Big boys don't draw lines on the chart, so you shouldn't either. Learn to read the market, just from the chart itself, it tells you everything.
NottsBlade posted: Small retail traders who have dedicated years to learning are being robbed by these new rulings and as I keep saying it is just another ploy by the rich few to keep it in the hands of the few. If you don't wear their tie you can't be in their club!!!
The new rules don't change anything for people who are serious about trading. They just block the betting part. People need to realize you can't take $100, use a 1:500 leverage and make a living out of it. Thats not how it works.
BEWARE: There could be algorithms programmed to listen into our comments on here. After all that's what they blamed the Sterling Flash Crash on 2.10.2016.......a rogue algorithm - A politicians comments!!! Well, you didn't think the bankers would accept responsibility did you, now they can blame crashes on rogue algorithms!!!
NottsBlade posted: BEWARE: There could be algorithms programmed to listen into our comments on here. After all that's what they blamed the Sterling Flash Crash on 2.10.2016.......a rogue algorithm - A politicians comments!!! Well, you didn't think the bankers would accept responsibility did you, now they can blame crashes on rogue algorithms!!!
What's worse - Losing a bit of cash or losing your Hopes & Dreams!!! That's what we're talking about. ESMA are effectively destroying the hopes and dreams of small retail traders and it's wrong!!!! I've lost real money, but I don't hold a grudge. I just learn from my mistakes, go back to demos and wait for the right opportunity. All I'm looking for is consistency in my trading and 'consistency' is the key!!! I hate losing money, Footballers hate losing games, but they pick themselves up and get better. No need for the intervention of ESMA!!!
Waiting days, weeks, months trading at 30:1 to make any profit. All this is about, is to limit small traders to a poxy 5-10% annual return if they're lucky!!!
What if the FA had made a ruling that said you can only turn professional up until the age of 21 and then you're ruled out of it or some other stupid rule. Jamie Vardy would never have got his chance at the age of 26 and he wouldn't be in the England squad now. No, he worked hard, showed passion and through hard work he got to where is now!!!
I'm having panics attacks now - seriously!!! I don't want to be having a go at politicians, economists, regulators and bankers they have a tough enough job to do without me having a go at them. I'm really p***** off at these stupid rulings and restrictions being put in place by ESMA and I'm just airing my views. It's nothing personal!!! I think it's wrong!!! I'd much rather be doing my own thing and focusing on my trading and left in peace!!!
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