ForexAssistant's Posts

How to increase trading skills ? in New Traders Jan 06, 2016 at 15:28

The market is being manipulated by the central banks. No technical indicator or fundamental divining can undo a fixed market. To beat a manipulated market, you have to be clairvoyant, have inside information or trade Bitcoin which has no central bank to manipulate it. I am no Clairvoyant or have inside information so .....In short, 98% of all the advice hat you get on these forums is worth exactly what you paid for it.Bob

How to increase trading skills ? in New Traders Nov 17, 2015 at 15:20

One more thing to stay away from is a newbie that just became a member on Nov 1 20015 and in 2 weeks has all the information you could ever want to know.I had him pegged as soon as he made a generalization " Robots .. they can't work at anytime". How disappointing to learn this after all this time. I have 2 robots, one has been in use since April 2008 and never loses. The other since 2012. I am no longer selling these nor am I interested in discussing this with newbies that know everything already. Just remember that the advice you get on this forum is offered by kids with ...

How to increase trading skills ? in New Traders Oct 29, 2015 at 15:27

The rest of that tune goes,start trading small, do well for months, the market has a hiccup and sets you back so you work extra hard, begin making money then you get blasted again and you lose thousands. You quit and get a real job that you are now happy with because it's constant and makes sense.Or you can just buy a robot that works well and forget the emotional roller-coaster. Your choice.Bob

How to increase trading skills ? in New Traders Oct 20, 2015 at 13:49

We are talking about the forex market, there are no bottoms.

How to increase trading skills ? in New Traders Oct 12, 2015 at 15:54

That's not exactly true, My one robot has been working well since 2008 but you may have to trade with a broker outside the US. The US government has ruined trading for US citizens at home. Even going off shore has become a pain for US traders but if you want to find gold you have to dig where the gold is and that means outside the US. Trading is hard enough but trading in a manipulated market is financial suicide. The problem is that in the US, all markets are manipulated. I won't even buy stock in a company in the US. Once burnt, twice wary. Bob

How to increase trading skills ? in New Traders Sep 24, 2015 at 05:02

No one really know if the price is going to go up or down, or how far it will go before it reverses. No matter what indicators say or news release one hears, you are guessing that you will be right. Playing the odds so to speak. However, the split grid took over 3000 trades with no losses, except one for 8 cents when the power went out. No guesswork with that kind of a system, of course it only makes about 10% a year but families wanting to retire would like a rather steady 10% as long as it is fully automated. Traders want more so the split grid is usually overlooked by active traders. ...

How to increase trading skills ? in New Traders Sep 23, 2015 at 16:24

"Fundamentals tell you what 'should' be happening..technicals tell you what 'is' happening! And systemic (mathematical) is how you trade when you want to stop guessing.

Martingales; Good, Bad, or just Misunderstood. in New Traders May 28, 2015 at 10:15

Martingales don't choose the direction, only the size. The direction is still up to the trader. So if the market is trending up, you do a buy. Volatility has nothing to do with it either. Your statement is still unsubstantiated and its beginning to sound like you really don't know martingale systems very well. Maybe read a little more.

Martingales; Good, Bad, or just Misunderstood. in New Traders May 27, 2015 at 20:23

I say the forex market is always bad. 85% of accounts end up losers? They can't all be martingales and from the comments from all knowing gurus, very few of them are martingales. In a field of destruction, how can you say one thing is bad, its all bad.

Martingales; Good, Bad, or just Misunderstood. in New Traders May 27, 2015 at 17:29

Why?

Automated systems with 95% profitability - can this be true ? in Experienced Traders May 11, 2015 at 02:59

FxMasterGuru has been around for awhile, has not been known to be overly critical but is duly cautious. He deserve some respect however, I wanted to share what its like on the other side so those that have worked there asses off to present their work gets a fair review. FXMasterGuru, Look at what the man did, analyze his work fairly and only after the first look, advise him to use a better broker and why you say that. Teach him, yes. But wait until some one does something wrong, and it obvious that its intentional, then by all means raise the alarms. But I have as much time on the board h...

Automated systems with 95% profitability - can this be true ? in Experienced Traders May 09, 2015 at 21:17

You know you might be right but let me let you have a peak into the other side. You decide that if anyone else can do this forex, I can too. So you study and give up sleep watching the market trying to understand what makes it tic. Everyone else gave up but you don't. Months turns into years. Then a strategy that seemed half baked becomes clear, it works, now you have to figure out why. Your marriage becomes stressed but you got the best wife in the world and she gives you the encouragement to go on. After more stress and problems than you ever dealt with or ever will, you have your EA...

Some help would be appreciated in New Traders Apr 30, 2015 at 13:49

This is a wonderful example of the BullShit that you find on this forum. They make a big deal about something stupid like verification then when I ask which one do you want verified, now there is only silence. I called them on their bullshit so they come back with some other lame bullshit. I address that then there will be something else. None of these so called traders are interested in something new that works, they are only interested in being right so they can sell their whatever. So lets take a look at the latest BS. "risk < 1% per trade. If you make it for 6 months and ear...

What's the best way to trade Martingale Forex Trading in Experienced Traders Apr 28, 2015 at 18:37

FXtrader2010 posted:DO NOT trade martingale, im telling you you will be disappointed. I dont care what you think, you are not smarter than the market /quote]Glade everyone doesn't think like this or we would still be living in caves. The market is pretty stupid really. It has no rational thought. In fact it acts emotionally to news. Sort of like people who say things like don't trade a martingale, you will be disappointed. How could anyone possibly know this? One person may in fact be disappointed while another is completely satisfied. A martingale recovery system is a too...

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 24, 2015 at 14:12

"I don't understand why you bother to post, if it isn't of something which proves that you are earning money in forex."That's because you think if its true for you it must be true for everybody. Your premiss is all wrong but you don't know any other way to be. You're like a wounded animal not understanding the intentions of the Vet. The animal's instinct is to lash out at anything it doesn't understand. Even when I tell you my motivation you would rather call me a liar than to accept what is real because anything new or that you don't understand may ...

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 23, 2015 at 14:58

OK, last attempt.In the Pacific islands there was a tribe that measured status by how much they could steal. The ones that stole the most had followers and they grew in power. They did not understand those immoral missionaries that taught stealing was wrong. They fought the missionaries but eventually those who had the least saw the wisdom of the missionaries and converted.I don't want you or anyone here to bother with my programs they are not for you. I made them for the working class hero. The guy like me and my family who have busted their asses in mills and factories with little to ...

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 22, 2015 at 12:13

People, look how long he has been a member here and give him the credit he deserves. Remember the empty vessel makes the most noise in a blowing wind.

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 19, 2015 at 07:36

These kids run on pure arrogance. Pup starts last month and already he knows more than those of us who have been here for years. But unfortunately it is only ego because the rational thinking is not visible. Attacking someone who has said nothing to harm you or anyone. What kind of up bringing have you not had? I don't blame you, I blame your parents.Whether one buys a robot or not doesn't matter, or even if one trades or not, doesn't matter. But how one respects himself and present himself to the rest of mankind, does matter. And in that respect, from the point of view calle...

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 18, 2015 at 23:52

No two snowflakes are identical but they are all the same, frozen drops of water. The subject was a 95% win ratio and I showed it was possible. Then my information was unacceptable because it was presented on a demo account. Everyone agreed that there was no difference between a demo and a live account when the trade range was significantly large. I did not agree that it was different when below 10 pips which was arbitrarily chosen anyway. The question is the time it takes for the trade to go from your brokers computer to the Banks computer. In cases where the price is moving rapidly the p...

Automated systems with 95% profitability - can this be true ? in Experienced Traders Apr 18, 2015 at 13:04

"Yes right. So the final conclusion is:There is no difference between Demo vs Live performance run by EA unless TP & SL is below 10 pips."Both of my EAs are fully automated and SL/TP are well above 10 pips. Since you also agree that there is no difference between a demo and a live account above 10 pips, and I posted the live account with the prediction that you would never be satisfied, and here you are. Oh something has come along that you can't claim so lets tear it down. You were so predictable. But like I said, I don't want your business, really. Take whatever ...

EURUSD	1.1248	GBPUSD	1.33623	AUDUSD	0.6422
USDJPY	144.967	USDCAD	1.39538	USDCHF	0.83388

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