BluePanther ' s Posts - lapu 14

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 13:44

Looks martingale to me.

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 13:11

"No one gets out of life alive"Likewise:- NO ONE can predict the market with 100% accuracy: 0% drawdown and 100% trade win rate- NO ONE has been profitable from day one to present: seasoned traders have all experienced losees before becoming successful.Legitimate, professional managed funds and educational institutions always state a disclaimer to this effect:"Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as ...

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 13:08

"Our approach is completely different": And so it should be: No two humans are exactly the same, no two traders are exactly the same."Time will tell who is right": And what do mean by that? That sounds like arrogance to me, like you are saying "I'm right and you are wrong, just wait and see". You do realise that no one gets out of life alive?

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 08:43

The more you understand market mechanics (how it works), the better you understand why it is NOT an exact science:What is the market?A market consists of buyers and sellers with a commodity (product) of exchange.Who are the buyers and sellers?Humans (retail traders), algorithms/programs, banks (with humans and computers), governments (monetary intervention), brokers, (more?)What influences the market?Government policies (eg. interest rate decisions), economic data, government stability (leadership), banks, etc.A science experiment is predictable: no matter how many times you conduct the experi...

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 08:42

When I started trading, I couldn't figure out why trading was so hard. The so-called "experts" would have many different interpretations of charts, and news articles were often vague and ambiguous with many specifics of technical analysis (eg. support/resistance levels, trend lines, etc.) There are so many variables, and every trader has their own tools and interpretations of the market. It is not black and white, clear-cut science which can be followed step-by-step by everyone and everyone can make money doing this.If trading were this easy, if trading were a "science"...

Can forex trading make you rich ? in Galvenais Oct 29, 2018 at 08:12

Do not think I am any better than you, or you are any better than I:- No one can achieve 100% accuracy (totally predict market), or if they do they probably also experience huge DD (that is not predicting the market but HODLing like BitCoin HOLDers do)- Every trader makes mistakes when they begin - it is a necessary part of trading so you can learn and get betterAnyone that portrays themselves as "perfect" are certainly hiding something, whether that be: many losses, lack of hands-on trading experience, or business interests (selling something).Getting rich in forex is NOT EASY!

HAMSTER TURBO in Tirdzniecības sistēmas Oct 28, 2018 at 15:19

Very nice results Eleni! Thank you for sharing your performance and I will consider subscribing for sure!Good to see you here as well as MQL5. Thanks for all your hard work on getting the right settings!

Can forex trading make you rich ? in Galvenais Oct 28, 2018 at 15:18

Congratulations sir, but you must qualify your statements:Your CURRENT strategies:a) work well to predict the market - though risk will ALWAYS exist because of uncertainty and this CANNOT be eliminated.b) have been profitable from day one - though you as a trader have taken from 2011 to 2016 to experience success.Perhaps "lying" is too harsh and should read "misleading" or "giving false impressions"?- No one can predict the market 100% guaranteed (though one can become quite accurate at "guessing")- No one is profitable from day one (is possible, but ver...

Can forex trading make you rich ? in Galvenais Oct 28, 2018 at 15:17

Trading is NOT an exact science. Please read this:https://optimusfutures.com/tradeblog/archives/3-tips-to-trading-unpredictable-markets/...and this:https://optimusfutures.com/tradeblog/archives/how-to-look-past-your-trading-biases/...and this:https://dailypriceaction.com/articles/is-forex-trading-gamblingDon't believe ANYONE that claims they are an expert and can read the market and guarantee your returns!Don't be scammed into buying any system, product, course, materials, etc. that promises to make you a professional trader!Save your money for trading, not for products, systems, etc.T...

Can forex trading make you rich ? in Galvenais Oct 28, 2018 at 15:13

I tell you most solemnly, this is the very reason why fully automated EAs never work forever. They follow precise trading rules explicitly and rigidly, meaning they are unable to adapt to market dynamics and fundamentals which often change.I did gamble on many EAs and manual trading on small timeframes, and learnt this lesson the hard way - losing for ten years.It's about time that I stacked the odds in my favor and started trading (gambling) the right way! 😎https://dailypriceaction.com/articles/is-forex-trading-gambling

Can forex trading make you rich ? in Galvenais Oct 28, 2018 at 15:12

PATIENCE: I have been holding these trades for a week waiting for AUD comeback... Watch the higher timeframes and market directions, trendlines, S/R, Fib, etc.I experienced DD close to $800k, and managed to pull some nice profits this week of $400k as market has moved down and retraced.Money makes money. Start small, but you will grow with time and patience.Happy trading!https://www.myfxbook.com/files/BluePanther/Clipboard15.jpg

AUDUSD bullish in Pieredzējuši treideri Oct 28, 2018 at 09:39

I'm Long AUDCHF... hope it stays bullish!

EUR/USD in Pieredzējuši treideri Oct 28, 2018 at 09:38

EU just broke down-channel! Nice call!

New in forex trading in Jauni treideri Oct 28, 2018 at 08:51

Before you start (or if you are still struggling in forex), please read this:https://optimusfutures.com/tradeblog/archives/3-tips-to-trading-unpredictable-markets/...and this:https://optimusfutures.com/tradeblog/archives/how-to-look-past-your-trading-biases/...and this:https://dailypriceaction.com/articles/is-forex-trading-gamblingMy suggestions:- Don't trade with less than $10,000 (read: under-capitalisation)- Don't open large positions when you start (read: over-leveraging)- Don't believe ANYONE that claims they are an expert and can read the market and guarantee your returns! (r...

Can forex trading make you rich ? in Galvenais Oct 28, 2018 at 08:15

I might add: it took me ten long years to figure out NO EXPERT ADVISOR will make you rich. Part of the reason I kept trying robots was because I was putting in 80+ hours a week working at three J.O.Bs (Just Over Broke).The reason robots will NEVER make you rich is because robots stick to rules VERY WELL. But, if an EA exists that makes 800% per month it is surely not public!Sure I made rookie mistakes: over-leveraging, under-capitalising, entering poorly, etc. But if you want to get rich there is no easy shortcut: you must do the hard yards and put in the effort to learn and fail - sometimes m...

Can forex trading make you rich ? in Galvenais Oct 26, 2018 at 09:08

Proper trading is not meant to be exciting. It is supposed to be quite boring because you are holding positions for days or weeks, and it can take a while to close them. It is a waiting game and it is all about patience!If your trading is exciting (like mine) you are probably doing something wrong: eg. gambling, taking excessive risks, living dangerouslyI don't advise you to do the same. Try to be patient and play it safe. Be a millionaire... slowly.

Can forex trading make you rich ? in Galvenais Oct 26, 2018 at 09:06

Sorry, how rude that I should end the discussion here. Allow me to speak on behalf of the majority (I think):a) markets are not predictable, guaranteed, foreseeable, always behaving as expected.b) a true trader will (usually) lose money before they become successful as a trader.Proof to the contrary is welcome, however, especially in the case of a) I would not believe proof unless I could experience the results myself!My statements can be proven by many forums, traders, market news, market behaviour, etc.Hope this satisfies your query.Happy trading!

Can forex trading make you rich ? in Galvenais Oct 26, 2018 at 08:55

I'm sure you can answer your own question.Thanks.

Can forex trading make you rich ? in Galvenais Oct 25, 2018 at 12:43

Then they should not even attempt. Trading is not easy. If a trader:a) is not willing to commit considerable sums at risk,b) and have a stable income to pay for food and rent,then they are in NO POSITION to attempt trading.Unless they find a "safe" signal or EA (??) Good luck!

Can forex trading make you rich ? in Galvenais Oct 25, 2018 at 12:36

"Forex trading is difficult. I started trading forex because I wanted to get rich without working hard. Simple. I’ll admit, I got sucked into the typical marketing hype that we so often see in the industry, but the reality of forex trading is, it’s bloody hard.I’ve lost count of the number of traders who claim to be professionals, produce a sexy myfxbook, stroke my ego and then disappear. Never to be heard of again. This industry (and maybe life in general?) is full exaggerations and bullshit. If someone tells you they’re making money trading, I’ll bet you a ...

EURUSD	1.16172	GBPUSD	1.34553	AUDUSD	0.70835
USDJPY	160.022	USDCAD	1.39532	USDCHF	0.793

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