Who is the most profitable trader on forum?

Hello All.

I've been lurking on forum for almost 3 years now and definitely learned a lot. I am interested to find out (possibly others too) who is the most profitable trader here on a true account (in percentage terms). That's mainly because I've read lots of threads and claims of percentage profits of hundreds and thousands %.
As we all understand those returns aren't sustainable in the long run. We can find motivation from traders walking the discussion.

Additionally, few very excellent traders don't post much, but attain fantastic outcomes.

So, if you would like to participate - please say the trader from ff mill using a link to his commerce explorer. We could also compute and group them by risk/reward ratios accepted, winning percentage trades and so on.


Best regards!

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Originally Posted by ;

quote Do you mean something like this ? I plotted the itinerary of your average retail forex trader. I hope it helps. Lt;lt;lt;lt;I make money trading so many others gt;gt;gt;gt; Extrapolation, allegory and meanderings about the authentic nature of the search for creating wealth with retail forex: Reduce and lose and lose a few more, go onto a Guru search and systems and indiors and spend lots and lots about the certain fire items and so called experts and perform coaching more and more novels more systems and much more cash spent and lost on the market. Today...

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Your assumption of so called retail Forex is overly traumatic and despite all horrible stories that might have happened to a people in this carrier, this picture that you've depicted is unbelievable to me. I hope it hasn't happened to you. I can not think there are people that stupid to lose that much to work something out isn't tailored to them. I am able to comprehend why folks open threads like this searching for prosperous traders to convince themselves that this market could be profitable and find inspiration to pursue their objectives, but on the other hand I can not find out why folks like you seek nothing more and squander their time on something they won't think and they do not want to think, never ever. I do not know why you are here with this attitude towards this market? My single conjecture is that you are utilized to surfing and reading FF and you could not give up your addiction.
Regarding to giving advice to newbies, I must state that this type of mindset you have is as poisonous rather than having strong and in depth info regarding this market. So what is a advice? It may be something like:
-Do not open a real account whenever you haven't researched a minimum of two years.
-If you find a egy based on an indior, don't use that until you understand precisely what the indior does, what's its own formula. You then do not need that indior and you're able to make better calls concerning that indi and even without it. It's a good idea to study some of metatrader's indiors. It helps understand the price movements better.
-When and when you examine trendlines, be as precise as possible. Draw them in a way that they protect as many candles as possible. They must cover all the possible slopes without crossing the entire body of any candles. It may take a very long time to become master at but when you do that you'd be amazed at the results. It's the topic I haven't seen everywhere and it is another reason you'd better examine the chart by yourself despite everything that you might see and read in the books or at forex forums etc. and use those specific trendlins as supports and resistances. If you may become master they'll provide you quite good entries when the price hits them.
-When you want to start a real account, you'd better begin it using a small amount like 1000$ or less (it depends on your financial status) and divide it to 10. Utilize each section to check the egy you've made and if you test that to get a fair number of rankings and it works you may add a bigger chunk of your funds but do not add all of the money since you would probably have plogy issues and you want to get used to that little by little. In case you have problems with your own egy and blew your account you need to spend more time on it before you recharge your account with a different part of the cash. By utilizing this method, you won't be flat broke as envisioned and at the worst scenario you've just lost a small portion of your cash but learned a really prominent lesson. Moreover, you do not need to receive a divorce and your kids won't leave you or you won't sleep on the streets.
There is lots of other advice that one can give but the most important one, in my estimation, is: do not be discouraged and distracted by a few men and women who haven't been successful within this market. Not everybody is cut for this particular job, so do it as optimistic as possible and try to perform your best so if you find out some day this task isn't acceptable for you, you won't regret anything and you'll know that you've done everything you could. Of course I am pretty certain if you think in everything you do and be positive about it, the proportion of your failure is close to zero.
Good luck newbies and keep positive.

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Originally Posted by ;

Sounds like we've gone way off track. Let us keep things nice and simple - one step at a time - let us do a FED week challenge. Post your position/positions that you have taken or will take and close this week. Parameters are: -tool -direction (long/short) -argumentation - why have you taken the transaction? -gross size of trade (e.g. 1 minilot eurusd= 10 000 eur) -size relative to your account - e.g.100 000 eur position onto a 10 000 eur account is 900% leverage of this account. -target -stoploss This is going to be a great way to prove everybody...

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How about you direct by examples or would you rather yap yap yap.

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Originally Posted by ;

quote Do you mean something like this ? I plotted the itinerary of the typical retail FX trader. I hope it helps. Lt;lt;lt;lt;t make currency trading and so many others gt;gt;gt;gt; Extrapolation, allegory and meanderings about the true nature of the look for building wealth with retail FX: Lose and lose and lose a few more, go onto a Guru research and systems along with indiors and spend lots and lots about the sure fire things and so called specialists and do training more and more books more systems and more money spent and lost in the market. Today...

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success rarely follows a defeated mindset.

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Originally Posted by ;

quote perhaps you should attempt to look at forex trading from an entrepreneurs standpoint and begin taking calculated risks exactly like an entrepreneur,forex trading exactly as with any other company is a game of supply and demand identify places where buyers and sellers are and you will earn money just like all the other large banks in the world because at the end of the day the banks trading billions as well as the trader with 5$ in his account all look at precisely the exact same price.when that you return to the basics of forex trading that you simply buy a currency at reduced price and...

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Well said. Agreed !

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Originally Posted by ;

quote Why is it so hard for you to accept that longterm profit EXISTS. I usually do not publish trade explorers, as it will be taken as advertising - but somehow I believe, that only amounts count. Just take this scalping approach for example, no grid/martingale or comparable risk increasing components. Lousy market phases included, however always profitable and most and for all NO RISK of blowing off the account. The fact is one of the toughest. . Http://www.myfxbook.com/members/Drolph/microbot/1457483

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Of course someone will be profitable at any certain time.
What I am saying is that retail Foreign Exchange for a whole (ALL customer capital ) is a loser.
Quarter after quarter, period per period the aggregate of ALL customer capital will be reduced by the amount of the entire transaction cost for the period.
No profit, no growth, no profit, over time customer capital are turned into broker revenue.

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Originally Posted by ;

quote Of course somebody will probably be profitable at any certain time. What I am saying is that retail Currency Market for a whole (ALL customer capital ) is a loser. Quarter after quarter, interval per interval the aggregate of ALL customer funds will be lowered by the sum of the total transaction cost for the interval. No gain, no increase, no profit, over time customer funds are turned into broker earnings.

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It is all dependent on your own egy and risk reward ratio mingary.

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Originally Posted by ;

quote Of course someone will be profitable at any certain time. What I am saying is that retail forex as a whole (ALL customer capital ) is a loser. Quarter after quarter, interval per interval the amount of ALL customer capital will be lowered by the amount of the total transaction price for the interval. No gain, no growth, no profit, over time customer capital are turned into broker revenue.

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Well at least someone is making money

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Originally Posted by ;

quote Of course somebody will probably be profitable at any certain time. What I am saying is that retail Foreign Exchange for a whole (ALL customer capital ) is a loser. Quarter after quarter, interval per interval the aggregate of ALL customer capital will be reduced by the sum of the total transaction cost for the interval. No gain, no increase, no profit, over time customer capital are turned into broker revenue.

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I absolutely agree, in long duration and generally retail clients will be the ones who will pay brokers profits. It Doesn't mean That There's few retail traders that are profit, but to be one of them is really hard or impossible

I do not know

Thank you .

Twee : D

When the brokers were only paid by the spreads or commissions, like they say, they would be just interested in many transactions that you produce.

But actually, they don't care much about the frequency of your trading. They simply care about how much you gonna deposit and they'll promote you by all means to deposit and more.

Why do they focus on that if they get paid only by commissions?

Because obviously they understand that as soon as you send them the cash, there is 99 percent chance it goes in their pockets.
They could even place everyone in demonstration without saying anything, and still pay the profits for the infrequent ones that win AND request obligations of the profits until they lose themthey will still make a lot of cash every month with absolutely no risk.