All my trades are on here. Not that its saying much. and I didnt say prove you made 235 pips I believe you. I just stated thats a whole lot of trades for 235 pips. Way to much exposure for my blood.
It is easily possible to make 235 pips or more using the combination of Multiple scalping techniques and the use of the more than 1 currency pair.
Betty Boo said in total, you misread. this is not in one day but a sequence of trades.
on the contrary they have quite a risk-averse profile.
No I believe you misread. I never ever ever sated that she made it in one day or did not make it or that it was impossible (Dominator fx) hell I banked 270+ pips this week on 2 trades, on one pair in one direction so I am very well aware it is possible. All I was doing was stateing a personal opinion that thats alot of trades for 235 pips thats it nothing more nothing less. It was not an attack on Betty Boo in anyway. Just my opinion. Like I said on another post we all trade different and there fore so is our appetite for risk. Again 235 pips is 235 pips Congrats on making it. I tell you what I will keep my opinions to myself as I feel my opinion might be pushing on some buttons around these parts of the forum
I’m not commenting on this exchange, but to pick up on that point, Bob, I am glad you said that - I have never known BP as combattive/argumentative as it has been over the past few weeks. I have cut my posting right back as it’s getting out of hand, it’s too much like hard work. Even some of the old hands are sniping for no reason. It’s like some disease that’s spreading round BP! I have been snapped at more in the past month than in the previous two years or so added up. It’s not as instinctively friendly as it used to be, that’s for sure.
ST
I agree that something has happened to the community here. I dont know what it is but it is less helpful and more aggressive. Both in forums and chat room. I will no not thread jack. But I feel the same way. Something is ruining BP, and making me want to be involved less. MUCH LESS
Come on Bob - dont be like that
Ranked at 3,517 at the mo - now at 338 pips since last Monday.
Silly me - I need to place at least 15 secs between trades else they will not signal through - will not do this again
My actual account is showing 368 pips - oh well - live n learn hey
Uptick - what’s your current Zulu rank?
I do agree and I also understand the way I cam out in the beginning was probably not my finest hour so I set myself up for it and deserve every bit of it. Do on to other as they would do on to you. I always like the moto when its the other guy we a talking about lol
You know what Bob - you ain’t all bad
bobmaninc,
please, opinions are to be stated and argumented. Should you have said like this in the beginning, I would not have miss-read your initial comment. We all should express what we think, unfortunatelly, since a lot of spam and negative comments do spread the forums world, it is easier to missinterpred comments.
Are you also a SP on zulutrade? or you trade for yourseld.
Well done to uptick for starting this thread. There’s a reason why people don’t post up their results because people don’t want to dent their egos and show their loses. I have not actually seen many accounts that are in profit at all over 6 months - in fact TassieFX should be applauded - its the only one that I have seen in profit that has been running more than 6 months. I don’t have enough results on myfxbook yet to be meaningful (have 2 months data so far) so I will need 6 month until I show it. But the lack of participation in this thread does perhaps show how many successful traders there really are.
I see where you are coming from, but I would not necessarily correlate limited myfxbook participation with proof that there are not many successful traders. In any case, you stated in your own post that many of those posting myfxbook results are not showing a profit. The simple fact is that many traders fail, and that many people join BP in a blaze of optimism then quietly disappear (the member list is proof of that!). I am not saying that anyone in particular is going to fail - but I am simply saying that it is nigh on impossible to come up with an accurate figure for how many traders are successful. Many won’t post their results on myfxbook or similar as they simply don’t see the point
Not knocking, just saying that we can’t draw too many conclusions about anything from a largely anonymous internet forum!
ST
I agree with you, myfxbook participation does not correlate and mean everyone is unsuccessful, but it does cast a certain degree of doubt on people who are happy to talk about their gains but don’t show them*. Of course there are lots of reasons for this, but if it quacks like a duck…
*eg: people who say on one hand say “I don’t want to show my results per month because it spoils my psychology/I don’t show off/I have no reason to tell anyone else my results etc etc” and then on the next sentence say “I made 20% this month, and I am 15% up this month.” Extreme dichotomy on which to believe (sarcasm)!
Tbh, even [I][B]IF[/B][/I] i was even consistently profitable, and it was my own personal trading account, i don’t think i would want to share it. I think it raises similar responses (to people who do this for a living anyway) as to asking someone with a bog standard 9-5 job how much money they make a year. I get what you mean when they will say i made x% each month and will not back it up, but to me personally, this will only bug me if they were trying to tell or teach me how to trade. I think if you spend some time around here you’ll be able to tell there are some here that are consistently profitable - and you don’t need Myfxbook to prove that…
Like i said, if it was me, and i wanted to share that i made x% this month, whether you believe it or not, makes no difference to me - because if im lying id only be cheating myself out of my own pocket and for what, to impress a group of people on a forum most of which were likely to never meet in person?
Awww shucks now I am blushing lol:60:
Myfxbook stats are a bit overrated.at least to me. dunno if it happend to you guys. they make me look like a good manual trader with such a nice roi. but all im doing is opening and closing trades with no strategy and mostly by luck :17: there is a reason why i autotrade on zulutrade, some things i will never learn
Thanks for the compliment JackMarkets. People choose not to show their results, and that is up to them. I wanted to share mine openly just to show my learning journey. I am still learning a lot. The biggest thing I do have is discipline and patience. I used to trade 20 times a day, now more like a few times a week, hoping to only get the higher probability setups. Missed two this week, Tuesday and about 4 hours ago on the AU due to my own life stuff and not being at the computer. That is when a full timer will be able to get them. I am a bit frustrated I didn’t catch them as it would have me over 4% for the week, but I didn’t revenge trade and try to get in, so that is a positive.
% gains on an account, no matter how minor, are to be applauded for anybody
You don’t need to show how much money you’re trading…Myfxbook lets you keep private any part of your account you wish to.
Not only Myfxbook, but you can use any other site out there…there are plenty. Mt4i has one, fxstats, currensee… you name it.
The floor is open for those who wish to show their performance. [B]It’s about transparency for those who give advice[/B]. If you don’t give any advice, then don’t post your results unless you want to. But for those who are teaching and telling others how to trade… it’s nice to know how they are doing themselves. You want advice from someone who’s successful… it’s all about walking the walk.
Good luck.