Day trading is losers game

[cornix]

1) 1 mln attempts is likely the same people trying over and over.

2) The fact that 85-90% lose means that 10-15% win, right?

3) Why would anyone consistently profitable participate in contests? Consistency and maximum short-term profitability are not very well mixed if you get what I mean. Most consistent traders would never win any contest, they just make their moderate profit month after month.

 

[Paddler]

Quote from ocean5:

Who knows...But i`m personally spent $60K on his teachings,and he`d rather be arguing with detractors,then to help to those who really care.I`m verry dissapointed with Jack,but who cares!...

Hey....ask for refund.

He HELPS to make you confused even more.

Does he know? I doubt it.

He blames you as being lazy and stupid.

Am I rude?

 

[sheda]

SIXTY K:dddddddddddddddd

 

[Paddler]

Quote from cornixforex:

It looks to me Jack just over complicates trading way too much.

No.

 

[cornix]

Quote from Paddler:

No.

LOL

 

[Paddler]

Quote from cornixforex:

LOL

The issue is not "complicated". LOL

How much do you know his method? There are some flaws and some missing pieces.

 

[ssss]

cornixforex

Registered: Jan 2011
Posts: 1286



07-31-12 02:01 PM
1) 1 mln attempts is likely the same people trying over and over.

Yes ,most of them performed multiple attempts

2) The fact that 85-90% lose means that 10-15% win, right?

No ...
#####
5-7 % going to 0
by another 2.9 % + profit is very limited
0.1 % have profit 50-100 %

and 0.01 have more as 500%

3) Why would anyone consistently profitable participate in contests?

Consistency and maximum short-term profitability are not very well mixed if you get what I mean. Most consistent traders would never win any contest, they just make their moderate profit month after month.

....
Your statement without any matter

Please provide CFTC/SEC verified statements ...
############################

http://www.cftc.gov/index.htm


Author knew no one retail operator ,which can provide ... profitablity verified CFTC after 1000 operations with 60 % hit rate and payement 1:1

Author have not to date any CFTC /SEC verified statements of
retail operator

with 1000 operations hit rate 60 % and payement 1:1

 

[cornix]

Quote from Paddler:

The issue is not "complicated". LOL

How much do you know his method? There are some flaws and some missing pieces.

Know it more or less, spent at least a month back in 2007 chatting with him personally. From what I remember he's mostly based on price action and some volume added there.

 

[cornix]

Quote from ssss:

and 0.01 have more as 500%

So 1% is well profitable when trading?

Your statement without any matter

Please provide CFTC/SEC verified statements ...
############################

http://www.cftc.gov/index.htm


Author knew no one retail operator ,which can provide ... profitablity verified CFTC after 1000 operations with 60 % hit rate and payement 1:1

Author have not to date any CFTC /SEC verified statements of
retail operator

with 1000 operations hit rate 60 % and payement 1:1 [/B]

Of course, who of those who just do it would care to prove something to forum sceptics? Trolling them is much more fun.

 

[ssss]

cornixforex wrote ...




So 1% is well profitable when trading?

Depend from time ...

IF after one year 3-5 % of account profitable by retail forex ,than
after 3 years would lower ....


after 5 years -decrease more as after one
after 10 -more decerease as after 5

##########
cornixforex wrote ..

Of course, who of those who just do it would care to prove something to forum sceptics? Trolling them is much more fun.

Responsiblity for evaluation of your own activities on this forum
#######################################
cornixforex wrote - " ...Trolling them is much more fun."
#################################

belong to you-cornixforex
###############


Not clear in this case why root /adm not forced you out ...