To use chat, please login.
Back to contacts

There is no good Trader in the World .......

kebayamwamba (kebayamwamba)
Jan 07 2013 at 13:20
116 posts
I think trading is and can be predictable. I dnt believe that luck or chance is a factor in trading. I believe if one sits down and plans on how to trade and develop a system with positive expentacy he/she can out last the market . there are no new market conditions that can make a system fail. The weakest link between the system and market is the trader behind. The pyschological make up of the trader is very very important.

can the pursuit of wealth be automated?
madeeasyfunds (madeeasyfunds)
Jan 07 2013 at 13:51
10 posts
@Kebaya Mwamba Well Said.your comment is a reflection of nothing but intelligence.I wish when people seek investors for their funds it they could see it through this viewpoint.Now the difficult part yet the more important aspect is people need to see thru beyond the statements or records into the psychology of the trader based on time.Cause at some point the best of trader would have loosing runs and at some other point very good results...Consistency in forex is a myth.It's pure business.Not too many companies have started and remained in business beyond 5years..

All the best.Thnks for this thread,comments and suggestions everyone

Keep the Equity That's the best profit
Mike Yap
mikeyap9
Jan 07 2013 at 19:43
65 posts
This is where I learned how to figure out a system's losing streak and what it's really for.

The formula in the slide is wrong. Should be: LS = ln( #ofTrades) / -ln( probabilityOfLoss )

Knowing this streak gives me the confidence to wait out a drawdown. This will not help if the system does not have any edge at all. It has to be positive even if it's small as a casino's edge. Then just keep on trading the system until the cows come home.

madeeasyfunds (madeeasyfunds)
Jan 07 2013 at 19:58
10 posts
Well m the posts i read here i know why over 90% of people in fx can't win consistently.this thread is a reflection of many folks that fall in this category and a few wise men

Keep the Equity That's the best profit
supertrader91
Jan 08 2013 at 18:22
82 posts
madeeasyfunds posted:
Well m the posts i read here i know why over 90% of people in fx can't win consistently.this thread is a reflection of many folks that fall in this category and a few wise men


I think i can win consistently :)

If you work hard consistently eventually you will get it.
supertrader91
Jan 09 2013 at 16:28
82 posts
My account https://www.myfxbook.com/members/supertrader91/superb/450775 😄

If you work hard consistently eventually you will get it.
Composer
Jan 09 2013 at 17:24
48 posts
supertrader91 posted:
My account https://www.myfxbook.com/members/supertrader91/superb/450775 😄

then why did you hide your 'Trading Activity'?

supertrader91
Jan 09 2013 at 17:28
82 posts
Composer posted:
supertrader91 posted:
My account https://www.myfxbook.com/members/supertrader91/superb/450775 😄

then why did you hide your 'Trading Activity'?


Its my private system.

If you work hard consistently eventually you will get it.
Composer
Jan 09 2013 at 17:29
48 posts
supertrader91 posted:
Composer posted:
supertrader91 posted:
My account https://www.myfxbook.com/members/supertrader91/superb/450775 😄

then why did you hide your 'Trading Activity'?


Its my private system??

then why are you showing that in the public if its private?
and second thing.. if you would have win constantly then you would have a long time record. i can also show you a record of three days where you can see over 600% monthly..

supertrader91
Jan 09 2013 at 17:47
82 posts
Composer posted:
supertrader91 posted:
Composer posted:
supertrader91 posted:
My account https://www.myfxbook.com/members/supertrader91/superb/450775 😄

then why did you hide your 'Trading Activity'?


Its my private system??

then why are you showing that in the public if its private?
and second thing.. if you would have win constantly then you would have a long time record. i can also show you a record of three days where you can see over 600% monthly..


Track my account. I aim to inspire others and answer question like there is no good trader in the world etc.

If you work hard consistently eventually you will get it.
Please login to comment .