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Truth about Forex

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May 05, 2011 05:47 am
#1

Posts: 939
Member since: 21/04/2011

1- The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

2- An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

3- The market may be bad, but I slept like a baby last night. I woke up every hour and cried.

4- What's considered enough money? Just a little bit more.

5- The real measure of your wealth is how much you'd be worth if you lost all your money.

Stick to your rules

May 09, 2011 05:35 am
vanfranz05 User

Posts: 6
Member since: 09/05/2011

Originally posted by uniquetrader

1- The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

2- An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

3- The market may be bad, but I slept like a baby last night. I woke up every hour and cried.

4- What's considered enough money? Just a little bit more.

5- The real measure of your wealth is how much you'd be worth if you lost all your money.



Maybe you're right, or maybe not? [aww]

Jun 19, 2011 11:12 am

Posts: 939
Member since: 21/04/2011

mmm. What does it mean? I have read these statements somewhere and thought to share. I think these statements are true for more than 95% of people today.

I will explain these statements as I look at them. If you do not agree please explain as you see them.

Everyone thinks he is smart in making a decision. Similarly experts always analyze the previous performances greatly but even the most expert economist cannot predict the future performance correctly. Whenever someone looses money, he is sad. When you get money, you wish for more and more and more. But when you loose the money, then you know that you have lost a precious thing.

In this highly materialistic world, above statements are true.

Stick to your rules

Jun 20, 2011 06:52 pm
Jogi User

Posts: 685
Member since: 06/06/2011

Thankyou for sharing it with us.

The market is weird. Every time one guy sells, another one buys, and they both think they're smart.


I liked this one the most. lol[grin]

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Aug 17, 2011 07:14 am

Posts: 513
Member since: 08/02/2011

good points are pointed thanks for sharing

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Aug 17, 2011 09:24 am
RalFxify Mirrorbeta

Posts: 31
Member since: 15/05/2011

Right on point

Aug 18, 2011 06:23 am
megrawab Hostedslavebeta

Posts: 332
Member since: 16/08/2011

Lol! True! Especially number 1. It is really risky...

[grin]

I am a hosted slave beta.

Aug 18, 2011 04:09 pm
janknoah1 Hostedslavebeta

Posts: 44
Member since: 16/08/2011

It can blow ur mind

Jesus is Lord

Aug 18, 2011 07:47 pm
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by uniquetrader

1- The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

2- An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

3- The market may be bad, but I slept like a baby last night. I woke up every hour and cried.

4- What's considered enough money? Just a little bit more.

5- The real measure of your wealth is how much you'd be worth if you lost all your money.



Agree on all points. I like the first 2 points the most. The first points supports the idea that no system can be perfect coz there has to be loosers to make winners in forex. Similarly economists analyze market but can only give reasons of past results. They can never accurately predict future no matter how big analysts they are.

The good or ill of a man lies within his own will. – Epictetus

Aug 19, 2011 11:48 am
janknoah1 Hostedslavebeta

Posts: 44
Member since: 16/08/2011

never trade with full confidence because u could blowur mind

Jesus is Lord

Aug 19, 2011 07:09 pm
widhie75 User

Posts: 118
Member since: 05/12/2010

another one not on list.

Forex is high risk.......but not always high risk if we know how to trade.......something high risk is not always high risk.......and in some point, market can predictable.

anyone agree?

http://www.fxstat.com/widget/link?t=wide&c=3&s=8617&o1=growth&o2=drawdown&o3=profitfactor

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