hmm.no edges in the markets

Discussion in 'Trading' started by chimera, Jul 16, 2013.

  1. Who started this thread? surfy was it you?

    Surf you are one master spinmeister hombre...you've managed to help generate a 179 page thread worth of gibberish in less than one month..I need to hire you as my PR person

    for all the other posters...who's the puppet and who's the puppetmaster?
     
    #1071     Aug 12, 2013

  2. No, not I. surf
     
    #1072     Aug 12, 2013
  3. For what it is worth, I have a friend at WTS who runs an equities group but who trades forex himself. He's a pure technicals guy and has been consistently profitable trading this way for many years now. He was also an excellent equities trader back in the day too. Although forex is his focus now.
     
    #1073     Aug 12, 2013
  4. NoDoji

    NoDoji

    Didn't you know that Surf has a Ph.D. in Specious Reasoning? :cool:
     
    #1074     Aug 12, 2013
  5. He doesn't use the dark pool access, routing, and other profitable edges provided by his firm? He just uses regular retail access and a chart? WTS didn't teach him strategies and tactics unavailable or difficult to access outside the firm? His success is purely based on a technicals? I find that difficult to believe!

    surf:D :)
     
    #1075     Aug 12, 2013
  6. sheda

    sheda

    Mainly because you are an idiot, retail fx the one market easily entered with a $100 account ~ one hour from idea to first trade yea! Lets take the group as a hole and use their results to judge ta bahahah.Well done, it takes a special kinda...to think like you.


    Surf Surf Surf!
     
    #1076     Aug 12, 2013
  7. sheda

    sheda

    Tim Sykes would have been screwed without those dark pools back in 1999!

     
    #1077     Aug 12, 2013
  8. sheda

    sheda

    Anyone with english as a first lanaguge isnt sent off course by a single missing letter, but hey! Criticism of typing errors does come in handy when the point you were arguing has just been exposed as absolute bullshit!


     
    #1078     Aug 12, 2013
  9. I just asked him via email and he responded that his equities group is through WTS but that his forex trading is not. It's through an account not affiliated with the firm. And his strategies are based on his own ideas, not learned through working at WTS. He was a technicals guy in equities so it's not a stretch to assume he's applying similar tactics in forex.


     
    #1079     Aug 12, 2013
  10. tobbe

    tobbe

    That was not the point I was making. Surf claimed 99% of traders lose, I merely showed him proof of that not being the case even for retail forex traders. In fact at Interactive Brokers, 46% of the retail forex traders are profitable. So in this case Surf was clearly wrong. If he isn't even aware of public data like this, why should we even start to believe that he knows anything at all about "dark pools" etc etc ad nauseum?

    Surf then responded with:

    Surf, once more: would you please provide proof of your claim that an average FX retail account is $500 (considering the minimum deposit at IB is $10K).

    :p
     
    #1080     Aug 12, 2013