Australian (ASX) Stock Market Forum

Can you make 30% a week trading forex?

Rog, let me share with you how I think you went wrong here.

You walked into a saloon full of gunslingers, telling everyone you were coaching people on how to be a gunslinger for $1250 for each nine hour slot. It only stands to reason that some of those gunslingers in the saloon are going to publicly question your gunslinging skills and ask you to show them what you can do.

But I think the real problem was that you made no attempt to engage with the community in a genuine way. It was all about promoting yourself and your coaching services right from the start. There is only one real way to build up good will in an online community and that is become a genuine, participating member of the community, contributing to threads with no agenda other than to further the discussion. If you had posted some good content, at least you would have earned some credibility. Even the cynics here will give credit where credit is due. If you had started a great forex analysis thread with some live calls and sharp technical analysis, people would have taken more of an interest, or perhaps more of an interest in a positive way.

Instead, the approach you took gave people the impression that you were just here to make a few quick bucks out of the community without giving anything back. This community is more than 13 years old, many members have been here more than 10 years. They've seen this all before, as have I. It's a semi-regular occurrence. You might like to check out Buddy Fox's thread from 2010 on how he makes $3 grand a day by day trading: https://www.aussiestockforums.com/threads/i-can-make-3-grand-a-day-day-trading.19692/

But most people here - rightly, in my view - are only interested in results. Results speak much louder than claims, especially when you claim to be making 30% a week consistently. It's hard for anyone to take that seriously without some kind of evidence. It's easy to make a claim, it's much harder to prove it.

Anyway, just some thoughts about how I think you went wrong here. I think you made some bad calls and it's unfortunate. As the administrator I just want everyone to get along. It makes my job easier when that happens. However, sometimes the community rises up and things get a little out of hand. This was one of those times.
 
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Firstly, I agree with most of the longer experienced posters on this forum, and Joe put it brilliantly with the gunslinger analogy. Personally I would have thought it a little more like turning up to a gunfight with a knife.

What the OP does not realise is the decades of experience in trading between the many posters on this forum, so trying to tell us how to suck eggs was and is never going to work.

Now having said that, someone can easily turn say $20k into $200k in a few months by being naive about markets and grabbing a trend. It actually happens all the time. However the problem being tha person that does it thinks they are invincible in trading, and are really just self deluded.

For myself, I have turned $20k into $200k a couple of times in the last 3 years, but that by itself tells everyone absolutely nought!! If I had made 25 $20k bets on penny dreadfulls to turn one winner, it is not a good way to trade, as most of us know.

Rog, seriously?? 4 years trading and it sounding like mostly with a demo account, sounds more delusional than a winning system. IMHO it is you that will need help from members of this forum rather than the other way around, before you lose all your trading wins.
There is a lot of sound advice here.
 
Now having said that, someone can easily turn say $20k into $200k in a few months by being naive about markets and grabbing a trend. It actually happens all the time. However the problem being tha person that does it thinks they are invincible in trading, and are really just self deluded.

For myself, I have turned $20k into $200k a couple of times in the last 3 years, but that by itself tells everyone absolutely nought!! If I had made 25 $20k bets on penny dreadfulls to turn one winner, it is not a good way to trade, as most of us know.

Sort of agree
But playing pennies can be very lucrative
So can trading futures long and short.

But with no knowledge of Risk
How to analyse your trading results
Stupid use of leverage.

The gun slinger isn't a sniper.

You won't see the sniper!
 
funny that I do and show the haters how but you refuse to accept the evidence. PLEASE ignore my posts and threads in the future. I get an amazing amount of enjoyment and success trading and helping other traders. For some reason this forum has a band of haters and closed minded who need to get a grip on their rude behavior. I'm sure they'd be decent people to my face but some people have a psychological need to cyber bully.
 
Firstly, I agree with most of the longer experienced posters on this forum, and Joe put it brilliantly with the gunslinger analogy. Personally I would have thought it a little more like turning up to a gunfight with a knife.

What the OP does not realise is the decades of experience in trading between the many posters on this forum, so trying to tell us how to suck eggs was and is never going to work.

Now having said that, someone can easily turn say $20k into $200k in a few months by being naive about markets and grabbing a trend. It actually happens all the time. However the problem being tha person that does it thinks they are invincible in trading, and are really just self deluded.

For myself, I have turned $20k into $200k a couple of times in the last 3 years, but that by itself tells everyone absolutely nought!! If I had made 25 $20k bets on penny dreadfulls to turn one winner, it is not a good way to trade, as most of us know.

Rog, seriously?? 4 years trading and it sounding like mostly with a demo account, sounds more delusional than a winning system. IMHO it is you that will need help from members of this forum rather than the other way around, before you lose all your trading wins.
There is a lot of sound advice here.


Everyone of you haters is assuming I am posting to you. But I'm not. You're all incredible successful and infinitely wise men of great stature. So PLEASE press ignore and don't read or respond to anything I post. I've been a full-time trader and coach for 18 months now and never used a forum. I'm glad I didn't because I wouldn't have learnt anything due to the ego overload here. But I coach traders around the country via Skype and enjoy helping them and they gain education and support. For the life of me I don't know why you're all so sensitive and easily triggered. I thought college snowflakes on youTube were bad but there is some serious emotional baggage you are carrying. I might see you on your megayachts one day. Maybe living on a forum isn't good for your mental health LOL
 
Put up or shut up....brokerage statements!!!
 
Someone has an opinion and you're all so injured and offended lol. I mean get a grip. Is your life being threatened? Your income? No. All I do is present ideas and opinions based on experience and you guys have meltdowns. I wouldn't want to train, coach or have a beer with anyone closed minded and rude and clearly set in their ways. So click ignore and have a great day. Maybe give the thought policing a rest and try and get on with other people a bit more. The best aspect of living in the west is the freedom of expression and the sharing of information. Maybe go and kick the dog instead of telling others how to think and behave.
 
I'll make it easier for you Rog, f---k off, the people who contribute here are real and not full of ****, so go somewhere else.

Stop wasting peoples time with your bull**** or go an seek help because you are high on ice.

You cannot do and cannot prove what you say, go smoke a few more bongs and believe your own bull****.


Why don't you put a name and image to your abuse? Why are you on a forum? To abuse and bully new members? Can you do that in your workplace? Are you ok if other kids bully your kids? Are you not able to lift the tone of your approach? If not ignore me. I don't care. Not for a moment. You're an icon. And the same goes for all who agree with this childish language. I'm not lowering to your level.
 
Give us something to discuss.
Your bbq's sizzling but there's nothin on the hot plate.

Give us a long or short signal entry and an exit
In fact how about 5 we can then have a very small
Sample size but better than nothing.
 
$1000 @ 30% for 52 weeks compounded = $841m

I'd be happy to lend $1000 for 10% of that = $84m (10/90 split is very generous). As long as you have asset backing to liquidate to the sum of $84m in case you couldn't repay.
 
I really think these threads need to be deleted and the user banned. Its simply not conducive to a well run forum to have a scammer spamming threads with such nonsense. He refuses to substantiate claims that would make him the best trader in the history of the planet, the risk is some newbie sees his posts and because its in a reputable forum, the newbie loses his shirt to this scam.

Its very different to proven traders posting real trades on the forum - and being very careful not to make claims that they have systems that will make people rich, quickly. I dont get involved in those discussions because I dont believe trading is a sustainable strategy, but in this case I think its content we really dont need or want on the forum and does nothing for its credibility.
 
Give us something to discuss.
Your bbq's sizzling but there's nothin on the hot plate.

Give us a long or short signal entry and an exit
In fact how about 5 we can then have a very small
Sample size but better than nothing.
 
My preference would be that the thread is allowed to remain, mainly because there are still lots more songs about dreams that I am just itching for an excuse to post.

Why should I be the one to spoil all your fun cynic? I retract my previous statement. Please... continue. :)
 
I really think these threads need to be deleted and the user banned.

I think it's better to have the threads left as they are. If some newbie is considering handing over their hard earned and Google the OP they may come across this thread and reconsider.
 
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