|
 |
|
22-06-2006, 10:08
|
#49
|
|
level 3
Join Date: Nov 2005
Posts: 115
Downloads: 0
Uploads: 0
Rep Power: 3 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
trader abc is one of the most pesamistic peope Ive ever seen on these boards. Who cares if the market isnt fair? People make and lose millions across all markets. It is a fact that no edge will be 100 percent people and banks will have more control over action than smaller players. The world is not fair the markets are not fair, if you cannot handle this fact of uncertainty maybe just give up, no one would fault you for it, you seem to think its all a bunch of BS anyways, hey maybe it is, but I dont mind it it has made me money and it sure beats working at mcdonalds. The markets are random get over it
|
|
|
28-06-2006, 21:48
|
#50
|
|
level 1
Join Date: May 2006
Posts: 7
Downloads: 0
Uploads: 0
Rep Power: 0 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
Well,
i'm no pro, but. I've been told countless times that our very own speculation moves the market. About brokers and price manipulation. I don't know how useful these links will be, but i've found two, or so that give specifics from people who've been cheated, worked for firms and have also been stop hunted numerously.
I don't know how use these links will be, but.
I sort of tend to agree with TradeABC. Aside from what he's saying, i've noticed two major things. Technical Analysis is probably the hardest way to predict anything in any market, even betting. Because you aren't actually following the actual cause of what really moves the price, only following the trend, regarding the speculations that you and everyone else is following it is doing.
Secondly,
i've noticed that real profitable traders ALWAYS keep whatever edge that they have simply under the radiar. I know that there are many profitable traders out there, and i also know that there are atleast 25% of them on this board, in this place. I see all this yapping about how TradeABC is being paranoid and he also seems to be the most influienced by Technical trading.
TradeABC, if trading ws based off of fairness, consistent edging and fairplay, most of all. Technicals. You would probably be in the top few, ifnot top 5 traders out of 100,000 people who would be considerably profitable, consistently. But, like in all business. The more and more i hear about banks, brokers and ECNs and poor people the more i see the very same thing.
There hasnot ever in history, even before Christ, a fair means for the average man, or woman to make mega wealth, anywhere. There also comes, eventually, a time where the means to become wealthy becomes known on a large scale to the average person, like the lottorey, for example, but. Out of each of those times, not one poor, or underly valued person has EVER beaten high capital society and has been the odds, it's mythical. Forex in my opinion isn't for low average investors, it's too huge and way far too powerful to be used with a couple thousand dollars and some megar leverage.
I believe forex was always meant for rich people to compete with other rich people so that they can take another rich person's money. A 'rich man's' gambling arena. Brokers give us poor people the means to trade so that they can make extra money off of our dreams to be as successful as them, but. Noone ever said that. There aren't any poor guys that aren't successfully beating the pants off of brokers. I believe, no, wait. I KNOW that there are many successful traders here, many won't even speak willingly, because they are afraid of losing their edge and would have to start over, from scratch like many of us who are just getting into this thing.
TradeABC, you stand for truth and are coming from humble aspects of 'business', in my opinion, forex is probably the most corrupt business on the planet, simply because anybody can now do it, which is a trap, set by brokers, and ECN banks, but. That doesn't mean that they can't be beaten.
I also know that there are many traders out there who use insider information and make a very good living, regardless of how random trading is, which, it is. But, who would admitt to it, who would tell you, who would tell any of us, 'just how they do it?'
The only way to actually know, to really know what drives this market, or any is to do one thing. Get into broking, or simply work for a bank that intels trading for clients. That in my opinion is the only way to know, exactly for sure. Rich people don't want us to make money, because they will lose their edge. Which is why they let us play, with almost impossible odds to beat, like a casino, the odds are dramatically against you.
I think that tradin in any market is about snatch good and fast profits over the longterm and cutting mega loses short, but with how sneaky brokers and banks are, who in their right minds could trade consistently, watch their broker, the banks longterm decisions, and the legal authoritys all at the sametime, if you decided to do so?
I believe what you are saying, trading is a 0% sum game, but. I know there are MANY of you out there who are beating the game and their edge, even to this day. But, why talk against TradeABC if he speaks the truth, you stand to lose nothing, least of all, your edge. What makes this person's word so frightening that might inspire some cause to create change, so that more than 60% actually could win, instead of lose?
Or, are you all just as greedy as they/the brokers and the banks are and are talking against what really goes on behind the scenes?
I am not being paranoid, i have statements from successful traders who have been cheated, also statements from others who have worked for banks and so on, they know how things actually work in places like these.
As i've said, before. If you want these links, just ask. I will gladly post them, but i know there are successful traders everywhere, hiding, cowardly if you ask me, even on this board. I am sure of it. But, instead of critisize TradeABC from his "honest observations" aleast atest to some of the impuritys that go in in trading, as a whole. How are we to win, ANYTHING if it is you who are only thinking of yourselves, just like a broker is doing?
What he says is true, many experienced traders can atest to that.
But, i've heard more than anything that speculation moves prices, the events just startle and trigger our reactions, cause and effect.
Just my 3 cents, as i've said. The linke MIGHTNOT mean much, but.
I believe it is much more in depth than what is being said here,
if anyone wants me to post them, i will. But, before i do. I warn you, keep the harsh, negative lectures away from me. I am simply contributing, to a very good read.
|
|
|
28-06-2006, 21:49
|
#51
|
|
level 1
Join Date: May 2006
Posts: 7
Downloads: 0
Uploads: 0
Rep Power: 0 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
Well,
i'm no pro, but. I've been told countless times that our very own speculation moves the market. About brokers and price manipulation. I don't know how useful these links will be, but i've found two, or so that give specifics from people who've been cheated, worked for firms and have also been stop hunted numerously.
I don't know how use these links will be, but.
I sort of tend to agree with TradeABC. Aside from what he's saying, i've noticed two major things. Technical Analysis is probably the hardest way to predict anything in any market, even betting. Because you aren't actually following the actual cause of what really moves the price, only following the trend, regarding the speculations that you and everyone else is following it is doing.
Secondly,
i've noticed that real profitable traders ALWAYS keep whatever edge that they have simply under the radiar. I know that there are many profitable traders out there, and i also know that there are atleast 25% of them on this board, in this place. I see all this yapping about how TradeABC is being paranoid and he also seems to be the most influienced by Technical trading.
TradeABC, if trading ws based off of fairness, consistent edging and fairplay, most of all. Technicals. You would probably be in the top few, ifnot top 5 traders out of 100,000 people who would be considerably profitable, consistently. But, like in all business. The more and more i hear about banks, brokers and ECNs and poor people the more i see the very same thing.
There hasnot ever in history, even before Christ, a fair means for the average man, or woman to make mega wealth, anywhere. There also comes, eventually, a time where the means to become wealthy becomes known on a large scale to the average person, like the lottorey, for example, but. Out of each of those times, not one poor, or underly valued person has EVER beaten high capital society and has been the odds, it's mythical. Forex in my opinion isn't for low average investors, it's too huge and way far too powerful to be used with a couple thousand dollars and some megar leverage.
I believe forex was always meant for rich people to compete with other rich people so that they can take another rich person's money. A 'rich man's' gambling arena. Brokers give us poor people the means to trade so that they can make extra money off of our dreams to be as successful as them, but. Noone ever said that. There aren't any poor guys that aren't successfully beating the pants off of brokers. I believe, no, wait. I KNOW that there are many successful traders here, many won't even speak willingly, because they are afraid of losing their edge and would have to start over, from scratch like many of us who are just getting into this thing.
TradeABC, you stand for truth and are coming from humble aspects of 'business', in my opinion, forex is probably the most corrupt business on the planet, simply because anybody can now do it, which is a trap, set by brokers, and ECN banks, but. That doesn't mean that they can't be beaten.
I also know that there are many traders out there who use insider information and make a very good living, regardless of how random trading is, which, it is. But, who would admitt to it, who would tell you, who would tell any of us, 'just how they do it?'
The only way to actually know, to really know what drives this market, or any is to do one thing. Get into broking, or simply work for a bank that intels trading for clients. That in my opinion is the only way to know, exactly for sure. Rich people don't want us to make money, because they will lose their edge. Which is why they let us play, with almost impossible odds to beat, like a casino, the odds are dramatically against you.
I think that tradin in any market is about snatch good and fast profits over the longterm and cutting mega loses short, but with how sneaky brokers and banks are, who in their right minds could trade consistently, watch their broker, the banks longterm decisions, and the legal authoritys all at the sametime, if you decided to do so?
I believe what you are saying, trading is a 0% sum game, but. I know there are MANY of you out there who are beating the game and their edge, even to this day. But, why talk against TradeABC if he speaks the truth, you stand to lose nothing, least of all, your edge. What makes this person's word so frightening that might inspire some cause to create change, so that more than 60% actually could win, instead of lose?
Or, are you all just as greedy as they/the brokers and the banks are and are talking against what really goes on behind the scenes?
I am not being paranoid, i have statements from successful traders who have been cheated, also statements from others who have worked for banks and so on, they know how things actually work in places like these.
As i've said, before. If you want these links, just ask. I will gladly post them, but i know there are successful traders everywhere, hiding, cowardly if you ask me, even on this board. I am sure of it. But, instead of critisize TradeABC from his "honest observations" aleast atest to some of the impuritys that go in in trading, as a whole. How are we to win, ANYTHING if it is you who are only thinking of yourselves, just like a broker is doing?
What he says is true, many experienced traders can atest to that.
But, i've heard more than anything that speculation moves prices, the events just startle and trigger our reactions, cause and effect.
Just my 3 cents, as i've said. The linke MIGHTNOT mean much, but.
I believe it is much more in depth than what is being said here,
if anyone wants me to post them, i will. But, before i do. I warn you, keep the harsh, negative lectures away from me. I am simply contributing, to a very good read. One of which i believe MANY are being in denial, or simply cowardly.
|
|
|
28-06-2006, 21:53
|
#52
|
|
level 1
Join Date: May 2006
Posts: 7
Downloads: 0
Uploads: 0
Rep Power: 0 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
To moderators, please excuse me, for the double posts. You know how it is, if you post too long without saving your information, it sometime causes you to log out and have to relog back in and you lose your post info.
Well, i thought it would, so i copyed my info before it redirected me back, again. I am not on a centralized computer, also. Sorry for this.
Once again, if anyone wants these links, regarding banks and brokers, then please. Just ask.
|
|
|
07-07-2006, 12:28
|
#53
|
|
level 3
Join Date: Nov 2005
Posts: 115
Downloads: 0
Uploads: 0
Rep Power: 3 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
Theres no doubt that their are rules to be abided by in every market, but if you lost money you should be accountable for it. If I lose money (and it happens often enough that is my mistake and it happens) I take responsibility, its not me, my broker, the market maker, the rich people. It can be said that people have been swindled but heres the thing many people probably were not suited to trading in the first place. And if you think the rich people are out to get you well just hand over the money, cuz they are, and aliens exist and the government is out to get us and oh the terrorists dont forget the terrorists.
|
|
|
21-07-2006, 03:35
|
#54
|
|
level 1
Join Date: Jun 2006
Posts: 4
Downloads: 0
Uploads: 0
Rep Power: 0 
|
Re: Forex as a system... Who benefits? What internal rules exist in FX?
I am interested of reading those links, kazuya
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|