How many consistently profitable traders around?
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Thread: How many consistently profitable traders around?

  1. #1
    Hi All,

    I started live trading at May 2015. I will complete. Until have blown up accounts value USD 6000. Left forex for a few months. Started with leftover $ 58.48 from past blown account. I see that subject has been developed by me or at least that is what I feel. Building up the account from here. I will invest cash in this account just if I can convince myself I can be profitable.

    On that note, I had been wondering just how many members inforexsoutheast.asiaare always profitable? Let's define always profitable as: The trader who's disregarded any account in past three decades and have been profitable for at least 29 of last 36 months. It would be helpful if traders may declare just how much profit, on average, did they create month monthly basis on portion of equity.

  2. #2
    Quote Originally Posted by ;
    Another predictably brief thread ....
    A: I created 4.7 million final calendar year speculating on usdjpy

    Q: Could you prove it?
    A: I can show you my equity curve screenshot.

    Q: This is not good enough, most probably it will be photoshoped. Can you whow me a commerce explorer attached to your account?
    A: And why would I expose that information publicly?

    Conclusion: You are a scammer!
    A: Why did I bother in the first place...?

  3. #3
    Quote Originally Posted by ;
    quote A: I created 4.7 million final calendar year speculating on usdjpy Q: Could you prove it? A: I will show you my equity curve screenshot. Q: That is not great enough, most probably it's going to be photoshoped. Would you whow me a trade explorer attached to your real account? A: And why would I expose that information publicly? Conclusion: You're a scammer! A: Why did I bother in the first place...?
    So, can you prove that Unicorns do exist ?

  4. #4
    Quote Originally Posted by ;
    quote Thus, can you establish that Unicorns do exist ?
    I will establish, right after you answer my own question: why water boils? (you forgot that you)

  5. #5
    Quote Originally Posted by ;
    quote I can prove, right after you answer my question: why water boils? (you forgot that you)
    Why water boils ?
    As water is heated the H2O molecules in the liquid state have converted to gaseous country

    ... your turn.

  6. #6
    Quote Originally Posted by ;
    quoteCan you whow me a commerce explorer connected to your real account?
    And a tax statement! And do not tell us you are under investigation. *lol*

    I concur with kpclick and along with that which he said I'd like to mention that ...

    Quote Originally Posted by ;
    Let's define always profitable as: The trader who has blown any account in last 3 years and have been profitable for at least 29 of last 36 months.
    I would qualify BUT why is that significant? Would you use a business to be assessed by the very same principles? I wouldn't for some very good reasons. The point in gambling is to make cash bottom line (it is really similar to company) - to acquire over you lose. Consistency is statistically much easier accomplished with lots of (short term) trades than using some (long term) trades but the only thing that's actually of any relevance is that you made cash at all.

    I understand quite successful traders who blow a minumum of one account each year. I wouldn't say they bet also it might seem like that for most people ...

    Trading is not like using a project. If you want that monthly obligations do yourself a favor and get a (real) job. And no, do not start a company, it will probably not be eligible too, not under the rules you composed.

  7. #7
    1 Attachment(s)
    Quote Originally Posted by ;
    quote Why water boils ? As water is heated the H2O molecules in the liquid state get converted to gaseous country ... the turn.
    Good technical answer, but isn't the proper one.

    If I can refer back to our conversation in the other thread, the circumstance was about people having stiff mindset rather than thinking flexibly.

    Correct answer to the question why water boils? Is this: it boils, since I wish to create some tea.


    And because perspective, here is the unicorn:

    https://www.theguardian.com/science/...sil-kazakhstan

    https://www.forexsoutheast.asia/cryp...ns-indior.html

    The unicorn may not be how you imagined it, but none less it is a real unicorn...

  8. #8
    Quote Originally Posted by ;
    quote Good technical response, but is not the correct one. If I could refer back to our discussion in the other thread, the context was about people having stiff mindset rather than thinking flexibly. Correct reply to the question why water boils? Is this: it boils, because I want to generate some tea. And in that standpoint, here is your unicorn: https://www.theguardian.com/science/...sil-kazakhstan picture The unicorn may not be the way you guessed it, but none it is a real unicorn... picture...
    I see.
    You did not ask the ideal question , then. It boils, because I want to generate some tea is the solution for this question what's the purpose of the water boiling

    Regarding the Unicorns. The question can you establish Unicorns do exist? And not can you establish Unicorns are extinct?

    I am fearful the ball is still in your court

  9. #9
    Quote Originally Posted by ;
    Hi All, I began live trading at May 2015. I will finish two decades this may. Until have discounted accounts value USD 6000. Left forex for a few months. Started with leftover $ 58.48 from last blown account. I see I have developed more discipline today or at least that's what I feel. Gradually building up the account from here. I will spend money in this account just if I can convince myself that I can be always profitable. On this note, I was wondering just how many members inforexsoutheast.asiaare always profitable? Let us define always...
    I don't think that question can find a comprehensive answer without a data report from a proper survey. There are a lot of myths regarding how much people profit (and lose) from Forex, but actual facts relating to large groups of traders are difficult to come by.

  10. #10
    1 Attachment(s)
    Quote Originally Posted by ;
    quote I see. You didn't ask the right question. It boils, because I would like to make some tea is the answer for this question what is the purpose of the water boiling Regarding the Unicorns. The question can you establish Unicorns do exist? And not can you establish Unicorns are extinct? I'm afraid the ball is still in your court
    But that wasn't my question. I asked about purpose, that is true. But it maybe not how I formulated the query just to show how a mind get anchored (not only yours btw).

    And you never asked about modern living unicorns. You asked to establish if unicorns do is. We could argue about grammar and use of more appropriate tenses, but English is not the only language and in a number of different languages the query would seem the exact same in either circumstance. And btw, Siberia is very big, undiscovered area, I would not be shocked if one of them ro around. Many species though to be distinct somehow reappear magically.

    Point is that: a) formula of definition usually already prejudice us for an answer and b) being a profitable trader depends a lot of definition of profitable, as JensG already indied.

    So... what all this stuff has to do with trading?

    How about this classic case, just some food for though, I am quite sure it's been mentioned here several times before.... The identical tool, precisely the identical moment, distinct time frames...

    Query: is your price trending upward, trending down or consolidating?

    https://www.forexsoutheast.asia/cryp...or-system.html

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