Forex day trading

Quote from spike500:

Moneytec?

Isn't that the site were everyone is multi millionaire?
:D

Correct, but thankfully, from the looks of this thread, ET is catching up. Bravo!
 
Quote from agin1415:

First of all, you cannot prove a claim on this site

What "claim" have I made on this site? I did ask MountainTerd to post some live trades to back up his claim:

"The market moves 120-150 PIPS per day on most currencies and a 50 PIP movement represents 100% return in a 200:1 account. Many of us are seeing at least that much every day with a couple of hours of trading."

He declined.
 
Quote from pipscooper:

It's nice to see knowledgeable posters and pro traders such as TGM, late_apex, deptrai, mahras and a few others posting in these forums.

You're welcome. Someday when you put in 10 years into forex trading, you will look back and say, "Wow. I really learned a lot since I started. " Forex trading is very difficult. The elite forex trader makes it look easy, but the truth is I work very hard at this business. Very hard. I do lots of reading and lots of thinking. I do LOVE this business and if there was no such thing as trading, then I would probably be a bum.

Regards,

Deptrai
 
---- JMHO ----

With all due respect to seasoned stock traders, bashing Forex traders is a no, no, attitude.
It is the attitude of losers.

Stock traders, seasoned and not wannabes, have piled up an enormous amount of trading knowledge along their careers. FA, TA, whatever, are their daily bread.

BUT

Those who got 'old' aren't accepting changes easily.
Although they have all that it needs to tackle the Forex market with success, they are afraid of the change. They are living in their cosy environment. Change is something scary.

AND

Anyone, with a sincere and unbiased mind that looks at say a GBPUSD graph for any week will have to accept that there are more potentials in Forex than in any other market.

When stock traders jump into a Forex trader's forum, they should see the opportunities and not the threat.

Fighting back and dumbing down Forex is a symptom of FEAR, the thing that a seasoned trader should have overcome long ago.
 
Those who got 'old' aren't accepting changes easily.
Although they have all that it needs to tackle the Forex market with success, they are afraid of the change. They are living in their cosy environment. Change is something scary.


Your conclusion is wrong. I’ve always been and still am open minded. I trade futures so I’m not scared by the changes, nor by the risc.

Anyone, with a sincere and unbiased mind that looks at say a GBPUSD graph for any week will have to accept that there are more potentials in Forex than in any other market.

Your conclusion is wrong. It’s not because you only see potential in Forex that there is less potential in other markets. Can you give an idea of the returns? I think the potential is bigger in futures. You need to trade different products for a long time to be able to compare. I traded 5 years Forex as an registered CTA and +10 years futures. I known both markets very well. I based my opinion on my experience.
 
You are in another league, the semi big bully's league.

You can't grasp the concept from the viewpoint of the small guy.
All those who can't afford more that 1.000 and still wants to trade.

Let it go.

Forex as it is is the result of technology and globalization.
It is simply unstoppable.

You, who traded both know better than any that volatility in Forex is unbeatable.

Whether you know how to make a living from it is another matter.

The only thing that Futures beats Forex is in that Futures is regulated.
 
Quote from spike500:

Oanda FXGAME?

LOL

GAME? First try it out in real live.

That's what i meant with a guy riding a bicycle in an Lance Armstrong outfit. You are one of them, and you don't even realize how ridiculuous you make yourself by showing a demo account.

I have already seen demo accounts with millions of dollars of profit. But in real trading things went completely different.
Once you have traded a few years in real time you will understand what i meant. Don't try to understand it now because you don't have any idea what trading is.

The "experts" are rather Playstation or Xbox experts.
I added my Oanda account.

LOL


ROFLMAO

Doctor the account with the first two numbers? Just take a good look at the background color differences!

I call you a bullshit artist spike!

vital analitics
 
Quote from vital-analitix:

ROFLMAO

Doctor the account with the first two numbers? Just take a good look at the background color differences!

I call you a bullshit artist spike!

vital analitics

I made the fraude visible on purpose by changing just a few fihures . Just to show the idiocy of demo accounts.
I could easily do it much better.
 
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