Do full-time forex traders exist or is it just make believe?

[marketsurfer]

Thank you trade4youbrasil. You seem well versed in FX. I appreciate your insight.

 

[Lucrum]

Quote from marketsurfer:

Exactly. Well stated
All the large FX traders are fundamental based and trade the actual interbank market not with dealers. As a sideline, my trading mentor Vic Niederhoffer traded and was taught by Soros. surf

Then why does your trading absolutely suck?

 

[JB3]

Quote from marketsurfer:

Exactly. Well stated
All the large FX traders are fundamental based and trade the actual interbank market not with dealers. As a sideline, my trading mentor Vic Niederhoffer traded and was taught by Soros. surf

Nothing is stopping a retail FX trader from trading fundamentally. A retail FX trader can buy 3 standard lot of USDJPY at 80 last year and sell it today for 98. That is 1800 pips x $30 per pip. And 3 standard lots is very little, and many pyramid into these moves.

 

[marketsurfer]

Quote from JB3:

Nothing is stopping a retail FX trader from trading fundamentally. A retail FX trader can buy 3 standard lot of USDJPY at 80 last year and sell it today for 98. That is 1800 pips x $30 per pip. And 3 standard lots is very little, and many pyramid into these moves.

No doubt about it. If you guess right on direction, long term, you can make a killing.

surf

 

[Zr1Trader]

I make a living from trading futures/fx, just started FX last year , been trading futures for 5 years. No SS check at the first of the month, (im 25)

I actually wish I would have started FX first because you can control your size to the T unlike futures when starting small. With futures one has to start on YM or NQ really and work their way up to TF, CL , GC ect.

I just overcame a shitty DD period by closing out a couple nice longer term JPY trades on Fri.

Here is an equity curve of my first and only fx account. It is linked through forex factory directly to my brokerage .


This account is mostly hourly+ timeframe in the FX market.

Opened this account on June 14 2012

 

[FreakofNature]

Quote from Lucrum:

Then why does your trading absolutely suck?

Hilarious because he truly does suck, dude been trading for decades and his style and management are horrendous.

No wonder he thinks TA is bullshit, guy is a failure all around in all matters related to trading. After so many years thinking others could get it with a fraction of the time it took him not to, would be something too hard to accept for his little self esteem.

 

[marketsurfer]

Quote from Xspurt:



Though I am not posting for surf's enlightenment, let's see what happens when I post the statements later this weekend.

???

 

[marketsurfer]

Quote from FreakofNature:

Hilarious because he truly does suck, dude been trading for decades and his style and management are horrendous.

No wonder he thinks TA is bullshit, guy is a failure all around in all matters related to trading. After so many years thinking others could get it with a fraction of the time it took him not to, would be something too hard to accept for his little self esteem.

Really? You speak from such authority with zero facts other than the theatre of ET.

Check your head, dude.


surf

 

[Lucrum]

Quote from FreakofNature:

Hilarious because he truly does suck, dude been trading for decades and his style and management are horrendous.

No wonder he thinks TA is bullshit, guy is a failure all around in all matters related to trading. After so many years thinking others could get it with a fraction of the time it took him not to, would be something too hard to accept for his little self esteem.

He is a failure at trading, apparently he's good at fund sales though.

 

[oldtime]

better question would have been, "Do full time forex traders think they exist? Or are they all just delusional?"

a guy tries to pretend he is big time full time

and then talks about trading "lots"

(and he needs the money because his wife has needs)