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View Poll Results: What is the best way to be Successful on the Forex Market ?
Study by Yourself and get Experience 3073 45.32%
Learn from a Mentor 1085 16.00%
Get Signal Alerts by subscription or live from a Guru 74 1.09%
Buy Software or Strategy Description 44 0.65%
Get Analytical reports and Make your Judgement 62 0.91%
Develop your Own System 1692 24.95%
Hire a Portfolio Manager / Invest in a Fund 176 2.60%
Pay for a Robot which will do everything for you 64 0.94%
Open a managed account and Monitor it for education 354 5.22%
Other (please specify) 45 0.66%
There is no way to become continually profitable on Forex 112 1.65%
Voters: 6781. You may not vote on this poll

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Old 18-10-2004, 22:44   #65
autofx
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I was sad to see that so many voted for
"There is no way to become continually profitable on Forex".
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Old 21-10-2004, 16:59   #66
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voted for the mentor

Nice voting Forum Mishak. I voted for study from a mentor, because why reinvent the wheel, when someone else has already done it! I do know someone who is successful in fx trading, but she is just waiting until i understand the entire sytem more fully. I haven't done any trading yet,,,any suggestions on how to get started with some trades?

OI
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Old 21-10-2004, 17:29   #67
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Quote:
Originally posted by autofx
I was sad to see that so many voted for
"There is no way to become continually profitable on Forex".
Yes, we need those people, because they are the ones from whom we make profits
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Old 21-10-2004, 17:53   #68
autofx
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The meek "I'm gonna lose" traders are good for appetizers.

The main course is the arrogant b****rds who think they're
gonna storm in and take everyone's money away from
them.
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Old 29-10-2004, 13:19   #69
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1) Stop reading trading books (ok, 10 is enough)

2) Stop running backtestings (after 300 bts you will finally find a mechanical system with positive payoff, 55% of winners/loosers is enough)

3) Stop buying signals and hear from gurus and mentors, day don´t trade for you

4) Stop blaming brokers for stop hunting and be sure you have enough risk money and don´t leverage too much

5) Stop looking for reasons in the charts, new indicators won be better than the old ones

6) Start watching carefully markets behaviour


Luis Guilherme Damiani

May the odds be with you!

Last edited by ldamiani : 23-11-2004 at 11:34.
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Old 01-11-2004, 18:23   #70
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FX Trainer

{out of topic}
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Old 01-11-2004, 21:05   #71
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Fx trainer,
Could you please elaborate on this training system or company.
Email
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Old 02-11-2004, 07:03   #72
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fx trainer

E-mail

FX Trainer says they are a signal supplier with signal on about 12 different currency pairs. There website also mentions sometype of commission for geting others to sign-up. This is what worries me as it sounds like a pyramid deal. I briefly saw the signals, and it looks very much like prosignal as it uses the Intelliscript type format. I am interested regarding their effectiveness. I don't know what type of indicators they are using?

Dave
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