If it's such a low intellectual threshold in understanding Forex then why haven't you made millions in that market yourself? The truth is, you Options and Futures traders are just scared of such fluid and volatile market. You and others watching this thread are clearly wearing that title on your sleeves. You guys use passive aggressive tactics when attacking Forex traders. Why are you even here?
93.33% Accuracy and Better is Achievable with this Forex Strategy.
- Thread starter IAlwaysWin
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If it's such a low intellectual threshold in understanding Forex then why haven't you made millions in that market yourself? The truth is, you Options and Futures traders are just scared of such fluid and volatile market. You and others watching this thread are clearly wearing that title on your sleeves. You guys use passive aggressive tactics when attacking Forex traders. Why are you even here?
The passive-aggressive asking for help is what you started this thread with.
And you obviously did not consider my offer.
So let's backtrack. What would your commissions have been on those 90K+ contracts held? That is an important metric to be considered before you and I go forward with our plan where I send you some real money to "partner" with you.
Didn't consider because I don't like you.
Clearly, but the question still stands. What is the commissions you'd have to pay on those 90K+ contracts on that latest trade summary?
I trade standard and mini lots with a floating spread, I don't trade options! See this is what I'm talking about, you clearly don't get it. You can go back to your circle jerk now..
Understanding the market is one thing, making millions in it is another. It's always the most inexperienced, clueless people asking why forex has a bad rep. They (you) don't understand that it's one of the least regulated markets, that means anything shady anyone tries to do will probably happen in forex. Come back when you actually have traded on live data for a while and understand the difference between in-sample and out-of-sample data.
Being arrogant is fine but being arrogant and ignorant at the same time as you are is simply revealing your inexperience and stupidity.
I don't trade options either. If I wanted to trade forex, I could go to a bank and simply give them $100,000 USD and get the equivalent Euro value at that spot price.
When I want to convert those Euros back to USD at the current spot price, I will make or lose money on it, MINUS the fee the bank will charge me. Likewise, with a broker, there's a commission (fee) for that transaction. So I ask again...How much will your broker have charged you in commissions (fees) for those contracts held?
I'm neither. Here's the thing, anyone with significant experience doesn't sound like an arrogant kid who just discovered something for the first time. Then again someone with a handle like yours, it reveals quite a lot. Don't forget to keep us posted on your ACTUAL results.
Everything about this statement shows you have no clue what you're talking about. I pay the spread when taking the trade. I trade commission free, and the spreads are fairly tight on all the majors most of the time. And, I hear all this BS about Forex isn't regulated when it surely is..