Is trading/forex bullshit?

DontShaveMePls

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Dec 2, 2012
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Hello friend. Good luck bros.
Hello, I've been doing some reading on stuff like trading/forex and have a few questions for you gay webmasters. I chose to post this question here because I don't trust these quora, reddit, 4chan, tvbz or fxfactory niggas. So my question is - is all this trading/fx stuff bullshit? How can a person trading from his home outperform investment funds/banks who have all the money/resources and talent/geniuses in the world in a zero-sum game? How can you make a living off it if the best investor in the world - warren buffet makes like 30% roi/year. All these people posting their trades and strategies, are they just getting lucky for a couple of years and suddenly their shit stops performing?
In before, mGrunin.
 


If your trading from home you don't need to outperform the investment banks, all you need to do is make sure that your trades are profitable. As for Warren Buffett, his investment outlook/term is 100 years, some traders are in and out in the same day/hour, others left their trades pan out for a few days, weeks, months. It all about finding your trading niche and trading it profitably
 
If your trading from home you don't need to outperform the investment banks, all you need to do is make sure that your trades are profitable. As for Warren Buffett, his investment outlook/term is 100 years, some traders are in and out in the same day/hour, others left their trades pan out for a few days, weeks, months. It all about finding your trading niche and trading it profitably

But wouldn't you just be better off putting your money in index funds instead of actively managing risky zero sum over leveraged currency trades? It sounds very high risk to me, with a high potential of total loss of capital.

I'd rather stick with Adwords and media buying because I have far more control over that than I ever would doing forex!
 
But wouldn't you just be better off putting your money in index funds instead of actively managing risky zero sum over leveraged currency trades? It sounds very high risk to me, with a high potential of total loss of capital.

I'd rather stick with Adwords and media buying because I have far more control over that than I ever would doing forex!

I guess it depends on how much time a person has to invest in trading/research. If you don't have 3 to 4 hours a day to devote to trading/researching then I agree an index fund is a much better route to go with. Also if you can't make that time commitment then its hard to do it profitably.
 
If you don't have 3 to 4 hours a day to devote to trading/researching then I agree an index fund is a much better route to go with.

I just feel my time is worth more sunk into media buying and PPC activity over trade/researching. Plus forex trading sounds 50x more stressful than what I am currently doing and sounds like a recipe for high blood pressure.
 
I guess it depends on how much time a person has to invest in trading/research. If you don't have 3 to 4 hours a day to devote to trading/researching then I agree an index fund is a much better route to go with. Also if you can't make that time commitment then its hard to do it profitably.
What kind of roi's are possible/average for a profitable solo work at home trader doing this full time, say 16 hours a day?
 
What kind of roi's are possible/average for a solo at home trader doing this full time, say 16 hours a day?

I'm not a rocket scientist but it probably depends on your knowledge, experience and skill. It's not McDonald's. If you're looking for a set hourly wage maybe try there first.
 
I'm not a rocket scientist but it probably depends on your knowledge, experience and skill. It's not McDonald's. If you're looking for a set hourly wage maybe try there first.
Hourly wage? Ain't no hourly wages at the markets. I was talking about roi's for an average profitable traders. People always state that there are 2-15% winners at the markets, I'm asking him about the returns of those traders.
 
Hourly wage? Ain't no hourly wages at the markets. I was talking about roi's for an average profitable traders.

Nobody will have that answer dumbass. It all depends on how stupid or smart you are that will determine your roi. Personally I'm leaning towards stupid but none of us know that about you.
 
Nobody will have that answer dumbass. It all depends on how stupid or smart you are that will determine your roi. Personally I'm leaning towards stupid but none of us know that about you.
Why can't they have an answer for that? How is it different from what percentage of traders are profitable? How come we are able to find average roi's for various investment funds/banks? And what does it have to do with being smart or stupid if i'm asking about an average profitable trader? I'm asking for something more sophisticated than forexfactory live account trading reports, because that data might not be the most accurate.
 
Why can't they have an answer for that? How is it different from what percentage of traders are profitable? How come we are able to find average roi's for various investment funds/banks? And what does it have to do with being smart or stupid if i'm asking about an average profitable trader? I'm asking for something more sophisticated than forexfactory live account trading reports, because that data might not be the most accurate.

one reason is that not all traders are alike.

small time "home-traders" putting down $1000 per day can skirt under the radar... but much more than that, you wind up in the crosshairs of the market makers, and then you're fucked unless you're a whale.

if you wind up in the market makers 'fuck you ' zone, they will simply wreck you. they know who you are, they see you as the enemy, its game over. they manipulate the bid-ask spread to make sure you lose your ass on that last $25k trade... just to chase you away bleeding.

they want fish, and they're playing to win.
 
If your trading from home you don't need to outperform the investment banks, all you need to do is make sure that your trades are profitable. As for Warren Buffett, his investment outlook/term is 100 years, some traders are in and out in the same day/hour, others left their trades pan out for a few days, weeks, months. It all about finding your trading niche and trading it profitably

Researching a company is not going to make a lick of difference because all that information is already built into the price. You're not going to be finding a disparity between the information out there and the market price of anything unless it's inside information, and that's illegal.

All these cunts spending hours a day research P&L's and shit of companies are wasting their time. You're gambling pure and simple when you buy into something on the market. That's not a bad thing.. if you know you've got a 50% chance of winning then you need to manage your risk and let the winners run and cut the losers as soon as you can. That's how you create profit, not by picking the right things to invest in consistently.

I'd rather just leave my money in a hedge fund and get a 10% annual return for the next 30 years.
 
Why can't they have an answer for that? How is it different from what percentage of traders are profitable? How come we are able to find average roi's for various investment funds/banks? And what does it have to do with being smart or stupid if i'm asking about an average profitable trader? I'm asking for something more sophisticated than forexfactory live account trading reports, because that data might not be the most accurate.

Shut your god damn mouth asshole. If you have to ask this isn't the game for you. Move on to something else foreign loser.
 
Shut your god damn mouth asshole. If you have to ask this isn't the game for you. Move on to something else foreign loser.
Why isn't it a game for someone asking questions? Asking questions, getting statistics and right fundamentals give you an edge in any game. And how does being a foreigner make a difference - the markets stay the same no matter if you trade from soviet russia or U S and A.