Most people get rich by some dishonest deeds in their life time , otherwise most men are equal. and most of you have not got a clue about hedge fund crooks. https://www.google.co.uk/search?q=1...qf.&fp=6d798b5927b2a9a3&biw=1024&bih=675&bs=1
You are a nut case .You mention the few hedge funds , but you don't talk about 80 % of funds who might have lost money due to t/a. ltcm used formulas and mathematical models , even they failed .
No, actually they did not. They got a Swan. If they had been less leveraged, they would have survived, their models did ultimately prove to be correct.
So now you are telling me 20% made fantastic money using junk science TA, and 80% might have lost money because they perhaps used TA. You are making progress at least by recognizing some of the biggest money makers use TA successfully. Don't you think it is time to give up on your wild presumptions on everything from EA's that make 40,000 pips to why a fund lost money? You and I have a different focus: you want to talk about what loses money when it suits you but I want to talk about what makes money and the effort to develop that skill, and as sure as the sun comes up, it is not the EA's you sell as a get rich quick scam. https://www.google.co.uk/#hl=en&gs_...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918
I was trying to become a scammer , but I failed horribly........but then some of them became successful at babypips.
That is a good observation. Either start at the baby end of the journey of learning or start with the get rich quick EA. After a few years of hard graft there is a chance of understanding what moves the market with the former whereas a few years on EA's leaves you bitter, presumptuous and confused about what works, what doesn't and why. This is why you are so bewildered about the markets: pages and pages and years of this... http://www.google.co.uk/#hl=en&gs_n...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918
There is no such thing as "current price", only past price or future price. But if you speak of future price, it means you claim to know future?
Someone has to lose to provider winner with the winnings. See no problem with 80% or 99.9% losing rate as long you are not in that %.