Managing Star Traders (the top 1%) - Page 4
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Thread: Managing Star Traders (the top 1%)

  1. #31
    Quote Originally Posted by ;
    showthread.php?p=1937208#post1937208 Disliked a star trader, one of those people who seems one with the market, who can generate 3-10percent every day, virtually regardless of market conditions. Ignored There is NOONE outthere attaining such outcomes consistently. Period.
    I agree; unless somebody is using a huge amount of leverage and only trading for a short time period. Results like those are not sustainable. I am always interviewing traders and have seen my share of professionals; so I think my opinion is really legitimate.

  2. #32
    Everything comes down to what one individual defines as'consistently' or'sustainable'. Over a decade? 5? 1 year of constant trading using day-by-day compounding can generate massive returns; consistent enough to most.

    To say this so certainly, or agree or disagree, is suspect certainty.



    Quote Originally Posted by ;
    I concur; unless somebody is having a large amount of leverage and only trading for a short period of time. Results like those aren't sustainable. I'm constantly interviewing traders and have seen my share of professionalsso I think my opinion is pretty valid.

  3. #33
    Quote Originally Posted by ;
    It all comes down to what one person defines as'always' or'sustainable'. Over a decade? 5? 1 year of consistent trading using day-by-day compounding can generate huge returns; consistent enough for most.

    To state this certainly, or agree or disagree, is suspect certainty.
    3-10percent a day compounded for 1 year is impossible. These types of figures are the offspring of masturbation sessions of newby traders - IMHO.

  4. #34
    Dinosaur today look what you did!

    After you begin talking about lust that they set the ribbon in the beginners segment. . .just the area to discover hedge fund traders that excel with technical and manual tools of the transaction.

  5. #35
    Quote Originally Posted by ;
    , I really do agree in part with what you are saying. In general, there aren't many very good traders on the forums; but again, there are not many very good traders everywhere. That's the statistical truth.

    I really do disagree with the generalization that successful traders won't spend some of their time on the forums. Every trader is different and that I do tend to find great traders that enjoy helping others and belonging to a group.
    Dominic, you're a good thinker, you fit to be a trader

    my reply goes to all....

    OK, I think I want to redefine my article

    I think there are 4 types of succesful traders

    1. Succesful live traders w long term favorable results (I found only a few in this forum, but still they don't expose 100% of their knowledge here)
    2. Succesful live traders w short-term success who open a forum, paid signals, open opportunities for charities and so on I think I have met most of these in the internet and in the real life trying to sell something
    3. Succesful frank demo traders
    4. Succesful liar demo traders with some hidden agenda

    I had been speaking to traders kind 2,3,4 on my posts esp. #4

    today there are good and bad traders as well

    when you can on a forex trading course and reach the indior subject, entrance, exit rulesthey will usually show you some or picture fragment of this market Once the method works

    they will hide from you these frustating minutes of consolidation that if not being expected from the beginning might wipe out of your account, check soultrader's blog if You Would like to know how even a very good method still Not Able to cope the consolidation

    a good trader does not always to be a succesful one but he/she will tell you what is real and what is not in forex trading and my method to examined one's ethics is by assessing his/her back posts from the very beginning

    test for consequences
    search for anything that just does not make sense

    last it Is a Lot better to play with your account, at least, in case something goes bad you will learn the lesson

    put your cash in a restricted account, you would still be wiped anyway without a good luck, but nothing learnt

    trading is an extremely high risk investment

    rgds

  6. #36
    Quote Originally Posted by ;
    The individual who has a hidden agenda just may be the one which makes the suggestion. We think from our perceptions about other people.

    In the event that you truly wish to understand why I'll try hard to describe.

    Once we are blessed in life it's our attitude that enables us to be blessed.

    By giving back without needing a payoff or a reward.

    The only reward is performing good deeds.

    Would you understand that?

    Have a Great Day!!!


    Bruce
    There Isn't Any other way. You cannot add to yourself by trying to take from other people. The belief that you can, and the attempt to do so, is the reason for the failure rate in FX. Take note of this teaching from WarrenFX. Strategy is secondary to this. You will learn the truth of this the hard way if you fail to understand it now

  7. #37
    Quote Originally Posted by ;
    Dinosaur now look what you did!

    As soon as you begin talking about masturbation they put the ribbon in the beginners section. . .just the place to discover hedge fund traders who excel with manual and technical tools of the trade.
    Ha! Ha! LOL! You're correct! We are swimming in a sea of gift!

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