Day trading is losers game

Discussion in 'Trading' started by oilfxpro, May 17, 2011.

  1. cornix

    cornix

    1) 1 mln attempts is likely the same people trying over and over.

    2) The fact that 85-90% lose means that 10-15% win, right?

    3) Why would anyone consistently profitable participate in contests? Consistency and maximum short-term profitability are not very well mixed if you get what I mean. Most consistent traders would never win any contest, they just make their moderate profit month after month.
     
    #661     Jul 31, 2012
  2. Paddler

    Paddler

    Hey....ask for refund. :D :D :D

    He HELPS to make you confused even more.

    Does he know? I doubt it.

    He blames you as being lazy and stupid.

    Am I rude? :p
     
    #662     Jul 31, 2012
  3. sheda

    sheda

    SIXTY K:dddddddddddddddd
     
    #663     Jul 31, 2012
  4. Paddler

    Paddler

    No.
     
    #664     Jul 31, 2012
  5. cornix

    cornix

    LOL
     
    #665     Jul 31, 2012
  6. Paddler

    Paddler

    The issue is not "complicated". LOL

    How much do you know his method? There are some flaws and some missing pieces.
     
    #666     Jul 31, 2012
  7. ssss

    ssss

    cornixforex

    Registered: Jan 2011
    Posts: 1286



    07-31-12 02:01 PM
    1) 1 mln attempts is likely the same people trying over and over.

    Yes ,most of them performed multiple attempts

    2) The fact that 85-90% lose means that 10-15% win, right?

    No ...
    #####
    5-7 % going to 0
    by another 2.9 % + profit is very limited
    0.1 % have profit 50-100 %

    and 0.01 have more as 500%

    3) Why would anyone consistently profitable participate in contests?

    Consistency and maximum short-term profitability are not very well mixed if you get what I mean. Most consistent traders would never win any contest, they just make their moderate profit month after month.

    ....
    Your statement without any matter

    Please provide CFTC/SEC verified statements ...
    ############################

    http://www.cftc.gov/index.htm


    Author knew no one retail operator ,which can provide ... profitablity verified CFTC after 1000 operations with 60 % hit rate and payement 1:1

    Author have not to date any CFTC /SEC verified statements of
    retail operator

    with 1000 operations hit rate 60 % and payement 1:1
     
    #667     Jul 31, 2012
  8. cornix

    cornix

    Know it more or less, spent at least a month back in 2007 chatting with him personally. From what I remember he's mostly based on price action and some volume added there.
     
    #668     Jul 31, 2012
  9. cornix

    cornix

    So 1% is well profitable when trading?


    Of course, who of those who just do it would care to prove something to forum sceptics? Trolling them is much more fun. :D
     
    #669     Jul 31, 2012
  10. ssss

    ssss

    cornixforex wrote ...




    So 1% is well profitable when trading?

    Depend from time ...

    IF after one year 3-5 % of account profitable by retail forex ,than
    after 3 years would lower ....


    after 5 years -decrease more as after one
    after 10 -more decerease as after 5

    ##########
    cornixforex wrote ..

    Of course, who of those who just do it would care to prove something to forum sceptics? Trolling them is much more fun.

    Responsiblity for evaluation of your own activities on this forum
    #######################################
    cornixforex wrote - " ...Trolling them is much more fun."
    #################################

    belong to you-cornixforex
    ###############


    Not clear in this case why root /adm not forced you out ...
     
    #670     Jul 31, 2012