Intraday Live short term trading calls from an Expert Retail Forex Trader

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I spent 20 minutes tonight reading the last 10 or so pages on this thread. I should point out as it seems as though some comments are more in line with the method having rigid targets.

If you keep tight stops and able to maintain a good win rate, then all you need are a couple of runners to erase multiple losing trades.

Just like a casino, if you do the time you always win in the end so long as you can maintain this.

Is it really so hard for people to believe this can't be done? Perhaps it's on the basis you cannot do it yourself or\and never met anyone who has.
What the lads are saying here is yes it can be done but they are doubting the fact that f states that he has never had a losing day for ages.
 
I spent 20 minutes tonight reading the last 10 or so pages on this thread. I should point out as it seems as though some comments are more in line with the method having rigid targets.

If you keep tight stops and able to maintain a good win rate, then all you need are a couple of runners to erase multiple losing trades.

Just like a casino, if you do the time you always win in the end so long as you can maintain this.

Is it really so hard for people to believe this can't be done? Perhaps it's on the basis you cannot do it yourself or\and never met anyone who has.
Hello forker, skme of what's been said in the last few pages is as good as statistically impossible. Thats based on information gained from uk fx brokers over a 5 year period and one oof the worlds largest in terms of volume.
Do you know anyone who can do it?
 
Great to see you back again, you have had more comebacks in this thread than Frank Sinatra. Glad to see you stick to your guns and love the same question over and over disguised as, well the same question.

Hi NickMK (get it?)

Nice to hear from you as usual and I hope this post finds you well.

Mine was just calling the top of the day and taken action on it.

When are you going to do that? But seems you are only good declaring 500% return in the next couple months. What a joke you are, F compare to you is a saint.

Beside Frank could come back as much as he wanted, he was the "voice".

And I will come back as much as like, especially when they are charlatans and cowboys (I count four in this forum and all in this thread) hovering around with such nonsense using a public forum to advertises their sh@t.

I will not be surprises in the near future at a pdf available explaining in great details the system for a price of ONLY $199.

And I am glad and proud of the lads trying to keep you at bay with your sh@t, keep it up guys, they only have little place left to manoeuvre.

Have a nice weekend because I will.
 
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Hi NickMK (get it?)

Nice to hear from you as usual and I hope this post finds you well.

Mine was just calling the top of the day and taken action on it.

When are you going to do that? But seems you are only good declaring 500% return in the next couple months. What a joke you are, F compare to you is a saint.

Beside Frank could come back as much as he wanted, he was the "voice".

And I will come back as much as like, especially when they are charlatans and cowboys (I count four in this forum and all in this thread) hovering around with such nonsense using a public forum to advertises their sh@t.

I will not be surprises in the near future at a pdf available explaining in great details the system for a price of ONLY $199.

And I am glad and proud of the lads trying to keep you at bay with your sh@t, keep it up guys, they only have little place left to manoeuvre.

Have a nice weekend because I will.


Hurry everyone we only have 89 copies left......;)
 
Hello forker, skme of what's been said in the last few pages is as good as statistically impossible. Thats based on information gained from uk fx brokers over a 5 year period and one oof the worlds largest in terms of volume.
Do you know anyone who can do it?

There are thousands of scratch golfers in the world right ?.......that's even before,you talk about the top echelon of pro,s

Now Put them on their favourite course and allow them to pick when they tee off and also allow them not to play on days if they feel conditions are poor or indeed if they don't feel 100% ok......hey throw in big bucks for low scores as well

Now tell me what's the worse score such guys will come in with over x years of playing .......I can assure you it won't be that excessive

So why think a good scalper can't make money everyday based on Many years of experience and the right tools ?

All they have to do is break even......for a good scalper even a string of losses will only put you back say 20-30 pips.....that's a disaster in their books......just a few winners and one good run even in reduced stakes takes a big chunk back in minutes.....and remember most scalpers are hammering a lot of trades a day ....hundreds for some if needed

I have scalped up to 300 times a day in the past......that's more than some people trade in a month .......I'm not in f's league but I do know that sample,size is the X factor in scalping .........like a casino .......the larger the sample size the higher the probability becomes regarding the edge and the outcome

If a top golfer was told they have to hit one shot only onto the green per day then that's a problem re sample size ......allow them 18 holes and 70 odd shots to make the grade and the odds are exponentially increased they will deliver day in day out

N
 
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Hello forker, skme of what's been said in the last few pages is as good as statistically impossible. Thats based on information gained from uk fx brokers over a 5 year period and one oof the worlds largest in terms of volume.
Do you know anyone who can do it?
Plenty. Every casino in the world uses the same technique to make money every day. I personally don't do that but I don't take 20 trades a day. I might take 4 at most.

Regarding your comment on data compiled by forex brokers. I have seen it and frankly don't think much of it. As a data expert myself who freelances to investment banks and hedge funds, I know the difference between a management report and an investigatory report. The first is only useful for high level review where you would make a decision as to what sort of business model would work. The second would be far more detailed where you would be able to track individual traders. You cannot make any judgment on any individual trader using a high level report so how can you state the data proves nobody does what F says? You can't. So unless you have tangible data for a reputable broker (one that would attract pro traders), you really don't have any evidence at all.
 
Hurry everyone we only have 89 copies left......;)

LOL

Morning N

Only 82 copies now - 7 "dissers" have put their orders in now - but hope you dont mind N - as you being our accountant - I have told them because I want to help them and because they are "special" I will let them have 2 copies each at a "special one off price" of not $398 - not $325 - not $299 .................. but .............. just 6 easy payments of ONLY - $99 - and yes spread over 7 days

Cannot be fairer than that

maybe I am being tooo generous - but thats always been one of my failures - trying to help the "good guys"........

;)

F
 
Plenty. Every casino in the world uses the same technique to make money every day. I personally don't do that but I don't take 20 trades a day. I might take 4 at most.

Regarding your comment on data compiled by forex brokers. I have seen it and frankly don't think much of it. As a data expert myself who freelances to investment banks and hedge funds, I know the difference between a management report and an investigatory report. The first is only useful for high level review where you would make a decision as to what sort of business model would work. The second would be far more detailed where you would be able to track individual traders. You cannot make any judgment on any individual trader using a high level report so how can you state the data proves nobody does what F says? You can't. So unless you have tangible data for a reputable broker (one that would attract pro traders), you really don't have any evidence at all.

Hi Forker

You have made some excellent points

Thank you for you input and over this weekend I do plan to explain more how its possible to do what I do

All the best

Regards

F
 
I can see there are loads of questions and queries I need to respond to over the weekend - and many of them I regard as not just having a go or "dissing" but serious points - that can easily be answered

I will be doing that and all members - those who like me - those who think I am a laugh or a complete joke - and any other members who just don't know what to believe - feel free to put forward your own thoughts and questions

Meanwhile a few domestic jobs to do and I hope all of you enjoy your weekend

Regards

F
 
I also wanted to point out that any grocery store too follows the same principles. They buy stock that has a lifespan and thus risk. They need to sell a percentage of that product at minimum to pull a profit for the batch. We all have seen how some products are discontinued because they are not popular enough to make profit. It's a volume business which is the same principle that casinos' and traders use. Statistically individual trades are irrelevant.
 
LOL

Morning N

Only 82 copies now - 7 "dissers" have put their orders in now - but hope you dont mind N - as you being our accountant - I have told them because I want to help them and because they are "special" I will let them have 2 copies each at a "special one off price" of not $398 - not $325 - not $299 .................. but .............. just 6 easy payments of ONLY - $99 - and yes spread over 7 days

Cannot be fairer than that

maybe I am being tooo generous - but thats always been one of my failures - trying to help the "good guys"........

;)

F

Please realise - this is only a joke and me being funny

I actually value some of the special tips and information I have been giving out over the last 20+ months of this forum as being worth thousands of pound to any serious retail fx trader.

I think I have said this before - if I was wanting to value the help and training I gave to Major Magnum over a 6 + months period totally free of charge - i would value it at over $20k - maybe as high as $50k.

My Daughter is paying over $35k for a Business degree - Over her next 20+ years she will make easily an extra $7 - 15k per annum just by having the qualification - so to me its a no brainer - even though more than likely she will probably end up marrying a rich footballer or some other lucky fellow within next 5 -10 yrs

That's life though

OK must start other jobs

F
 
The comparison between Forex scalpers and the casinos - the house - is flawed , the house earns the spread , the scalper/punter pays it its a flawed comparison . You can compare casinos with brokers , and scalpers with punters and gamblers . And i've never seen anyone consistently making money in casinos let alone not having a losing day . Not to mention there is no proof that grocery stores and casinos don't have losing days anyway .

Based on empirical evidence some daytraders made money , so it can be done and one can be profitable but not everyday ! And you dont need to be profitable everyday to make money anyway .

Most importantly one should first prove that he is profitable before proving not having a losing day in years , so guys who are touting such stuff are we going to see proof from them ?

Waiting ...
 
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My comparison Tar was that a casino only offers games where they have an edge over time. I was not referring to spreads and doing so really makes the comparison illegitimate. The basis of casinos is their edge over time. The basis of traders is an edge over time. Spreads are just the cost of doing business and factored into the plan. Your argument is weak

And for the record, I additional compared it to grocery stores
 
My comparison Tar was that a casino only offers games where they have an edge over time. I was not referring to spreads and doing so really makes the comparison illegitimate. The basis of casinos is their edge over time. The basis of traders is an edge over time. Spreads are just the cost of doing business and factored into the plan. Your argument is weak

And their edge is in the spread the zero same with the grocery store . You cant compare a punter with the house sorry , maybe you can compare a forex trader with a profitable gambler or poker player ...
 
And their edge is in the spread the zero same with the grocery store . You cant compare a punter with the house sorry , maybe you can compare a forex trader with a profitable gambler or poker player ...
I'm not going to fall into the trap of beating on the same stick over and over only for the result to remain the same. Last time I played poker or a slot machine there wasn't such a thing as a spread. Maybe I'm going to the wrong casinos or perhaps your just too arrogant to see the wood from the trees. In any case please explain to me the spread a slot machine has as being the advantage as I am keenly interested to understand this
 
"What Is the House Edge

The entity that sets the rules and controls the play of any gambling game is known as the “House.” The House earns money by having a winning advantage known as the “House Edge” built into every game. This edge applies to Blackjack, Craps, Slots and Keno, as well as sports betting, where the advantage is sometimes referred to as “vigorish,” “vig” or “juice.” A high House Edge means players have less likelihood of winning. A low margin means the players have better odds.

For all practical purposes, the House Edge for any game or group of games can be defined as “the ratio of all money lost by players to the total money they wagered.” Some prefer to think of it statistically as “the ratio of the average loss to the initial bet.” In either case, the resulting percentages are about the same. They provide not only a useful way of comparing one game to another but also of evaluating one set of rules versus another in the analysis of a single game.

Because the House Edge is a function of the “House Rules” by which the games are played, it may differ from location to location. In Native American casinos, for example, the rules are usually set up for a relatively high edge on most games. Downtown Las Vegas casinos consistently offer a somewhat lower House Edge than their resort counterparts based on the Las Vegas Strip." quoted from bet blind. I hate to throw in material created by others but I just wanted to clarify that the edge in casinos is not based on spread.
 
I'm not going to fall into the trap of beating on the same stick over and over only for the result to remain the same. Last time I played poker or a slot machine there wasn't such a thing as a spread. Maybe I'm going to the wrong casinos or perhaps your just too arrogant to see the wood from the trees. In any case please explain to me the spread a slot machine has as being the advantage as I am keenly interested to understand this

First of all there is a spread hidden in the odds of these slots , and i wasn't talking about poker . Second the comparison itself is flawed from different angles :

1- The casino is the house and earns the spread .
2- The casino doesn't rely on a certain slot anyway or the slots - although there is a spread built in them - .
3- The casino plays huge volume every day you cant compare a retail fx trader with a casino , maybe with IGindex yes ..
4- Casinos also sell leisure and entertainment .
5-The edge is built in , manufactured in these slots , you cant say the same about the fx trader .
6- Is there a proof that casinos don't have losing days ?


Same goes with the grocery store .
 
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