Exactly my sentiment as discussed in other threads here on BP… You will have far greater success trading the ebb and flow of the currency markets… Learn to profit from the markets randomness…
FX’s erroneous educators leave newbies relying on guess work alone…
If you don’t have discipline then there is no way you’ll have a strategy little know the ability to automate it.
And what is this concept of discipline. It is an abstract intangible perception taught by the “educators” used as an excuse so people don’t have to take responsibility for their actions. In speculating you need no more “discipline” than that of the modern workplace
So tell us why you’re here then. You left, came back, tell us BP is all scams, you’re moving away from trading FX, but… you’re on a FX beginners website because…?
Believe me, I am asking myself the same question. Its certainly not to save anyone from themselves. I care not for any of you. But maybe, by trying to help just one person, it will trigger a lost memory or a-ha moment to bring my skillset back on line. Maybe by sharing my knowledge someone else will have their own a-ha moment. Maybe you might just question the things you have been taught.
And yes BP is a scam. You honestly don’t think they the owners put this all together for the love of it. My guess is they have never opened a live contract. There is much much more easier money selling the get rich scheme that there is practicing it. Did you know the engine room to BP is actually run out of the Philippines. Follow the money bro.
Educating yourself about the market is much like analyzing the market. First you have to filter out the noise.
I do agree with many of your statements and scepticism of the industry. But no one likes a hater and such negativity always comes back to hurt yourself more than anyone else
If you don’t like the site probably better to focus on stuff you do like my friend.
Time is your friend;scepticism is your enemy. Everething need time to study and to developing own style of trading, there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.
Not gonna be a hater bro, just gonna keep in real. Therefor I expect to have to fill out many hurt feeling reports in this modern snowflake generation. The reality is there is no reason for anyone of any skillset to participate on this site. They have been, are, and will be continued to be condemned by the many many false profits out in BP land. It certainly is a different forum from years ago when a few good people use to keep it real. Looks like they have been all pushed out or banned.
But I do bro, i really do. I love golf and work full-time in the industry as the operations manager at my local resort. I am blessed to be able to do what I love. Not many people are in that position. But I miss speculating since I walked away from it. So this time around I’m going to share what I’ve learnt after 1000’s of hours screen time even if the likes of yourself don’t like what I have to say.
So to get back on topic, why 90% of traders (there is a term used lighty) lose their money, because they believe the trife served up to them by the marketing masses.