Technical analysis :useless junk science
- Thread starter oilfxpro
- Start date
robability trades.
Quote from cornixforex:
That's plain and simple BS, delusion. Whoever trades this way, enters outright directional trades (with or without stop-losses is irrelevant here) and uses basic timing (most likely TA based, I noticed you mentioned "major support" recently, ayayay), just is in denial about it, probably cause it's easier psychologically to think you "hedge" than think that you cut the loss, despite exactly the same effect takes place.
You know the outcome of the next trade?
fundamental truths:
1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses
Show me how many pips you can make consistently , and you can trade for me starting with $10 pip ,profit split 50/50 paid every week , losses mine.
I will up that to $100 per pip very shortly!You only need to make 100 pips a week.
Correct, you don't have to know exactly what will happen to trade successfully. Knowing odds is enough.
I consistently make ~100 pips a month, sorry not per week. But believe me, I don't lack clients wishing to have their money under my management.
I can even teach you to trade consistently and realistically, but I have to charge you significant sum of money in order to make you treat it seriously and to pay for my valuable time.
Quote from cornixforex:
Correct, you don't have to know exactly what will happen to trade successfully. Knowing odds is enough.
I consistently make ~100 pips a month, sorry not per week. But believe me, I don't lack clients wishing to have their money under my management.
I can even teach you to trade consistently and realistically, but I have to charge you significant sum of money in order to make you treat it seriously and to pay for my valuable time.
You don't have the confidence in your own abilities to work on profit sharing , cause u know you can't make pips consistently.
That is why u need guaranteed pay win or lose.Loser.
Two girls make 160 pips a week for me , and they only cost $10k a year.
Talking about dumb blonds.
Tell you what - rather than call the market against you - I'll take you up on that offer. I'll show you 100 pips pw and a lot more but you have to come back here and own up that TA works and I trade with tiny stops. I'll put a full time account manager on that for you who sits right beside me.
Rather than fight with you, I'd rather convert you and get you to pay me
If you're up for confession time, say here and I'll pm you so we can work it out.
Quote from Xspurt:
Tell you what - rather than call the market against you - I'll take you up on that offer. I'll show you 100 pips pw and a lot more but you have to come back here and own up that TA works and I trade with tiny stops. I'll put a full time account manager on that for you who sits right beside me.
Rather than fight with you, I'd rather convert you and get you to pay me
If you're up for confession time, say here and I'll pm you so we can work it out.
I would have to get some confidence in whoever trades for me , if some one else can make consistent profits I have respect for them.
I know t/a works but it does not always work , and I have a mm solution for that .I trade 0.5 % of my account size to start , after a string of losses of about 7 losses , I trade 1 % , and after 14 losses 2 %.With a decent t/a trader you would not have more than 7 to 14 losses in a row.We could stretch it upto 4 % , but then the trader would be crap and I would not have any confidence in him.
Quote from cornixforex:
OMG... 14 losses in a row... entries of that "decent" trader really suck... and we have one more brilliant idea here... martingale... you are nearly hopeless, brother Oily.
Good trading method does not need martingale and bad trading method it won't save.
There is no such trader ...but it can happen....just being cautious.It is good money management.Even blondes wouldn't have said that.
The "oily" troll strikes again.
If "day trading" doesn't work and "T/A " doesn't work, why don't you start a thread about "what does work" and teach the rest of the world what they are missing and show them how much more brilliant you are.
You are too focused on the masses, the 95% who fail.
I just gave you the answer to success in life right there.
If "day trading" doesn't work and "T/A " doesn't work, why don't you start a thread about "what does work" and teach the rest of the world what they are missing and show them how much more brilliant you are.
You are too focused on the masses, the 95% who fail.
I just gave you the answer to success in life right there.