Almost everyone is lying. Because there's no such...

schweiz said:
Every trainer i have paid lies.
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this trading industry has to dupe

which person is going to buy when Goldman Sachs is selling.....so he has to be fooled into thinking that it is going up....he has to be convinced..there is no rape in trading.

this is one thing no one understands.Someone has to take the other side of every transaction.
 
GRULSTMRNN said:
I think that is his English he has issues with. I understood it as him saying that if there was a profitable trading system then it would not be sold and because many snake oil salesmen advertise as if they can turn an unprofitable trader into a profitable one they make false claims. You understood it differently, all good.
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+1
 
and I can't disagree with this. Most people on this entire site are BSing throughout their life. Mate, leave it at that, see that there will always be people who will disagree with you, leave this industry and move to better pastures. You will not regret this advice.

DeadTrader said:
Guys sorry for causing this confusion. You may be profitable but these trainers are not. They are not even trading. Forex mentors are totally scam. Futures are kinda scam. I can't say 100% scam for stock traders. If you read my title i say "almost". Also I think "almost" all traders who claim they are consistently profitable are lying too... Again, i say "almost".
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zdave83 said:
WADR (1st time I've used that) ... no logic errors. Its as legitimate as numerous, numerous, numerous other professions in our capitalist economy.

And I really enjoy it :thumbsup: I am sorry that it seems so unpleasant for you.
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I wouldn't call it unpleasant... certainly appreciate the opportunities it provided for financial freedom... and I am not sure if I could start over I'd do it again or not... there are certainly other ways to make money, but I'd never know if those would be more 'pleasant' or not.
 
MarkBrown said:
trading life revolves around finding an edge,
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true

that is true in every single competitive activity in this world.

the edge is understanding....without understanding you cannot survive a business or even a marriage or any relationship.
without understanding you cannot manage and without management you are doomed
 
and actually, when I first saw the thread title I thought it meant something else lo.

my style of trading actually assumes 'everybody is lying', in the media and financial services world... it only makes sense because the purpose of language is not communicating, but lying lol.

but I have posted details of how I trade - unfolding the stories (aka lies) is a big part of it...
 
it took me two years to reach profitability... also I lost my edge and moved on to new approach mid career - took me two years to get back to profitability
 
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