Replies to post #6556 on FOREX TRADERS

[ElderWolf]

By the way...you're playing support/resistance, market patterns etc. THAT'S TECHNICAL ANALYSIS

[Mister Lava]

What the hell is "real money?" I may not be making $1 million entries, but money is money. I trade with money, as real as real can be.

My mini as of this post is up 139%. But it's all relative. If I start with $5000 in equity, which I do every month (I sweep all profits every 30 days) and I make $1000 entries, I still have a certain level of risk.

This account was swept on 1/6/07. As of 1/7/07, my equity is $11952.93. And this is just a stupid daytrade account.

If I started with $5,000,000 worth of equity and $1,000,000 entries it would EXACTLY THE SAME RISK. I would be making the same trades and leveraging the same amount of margin.

It makes no fucking difference! Just because I'm not an institutional trader with millions in equity, my risk is exactly the same.

Show me your P and L or the P and L of any institutional trader that can make 139% in just under 4 weeks? I'll GLADLY share my P and L.

You put me toe to toe with any technical trader or institutional trader and I will risk the same equity as they and my bottomline will far exceed. I will make more money, more profits, and pull more points from the market without ever opening up any chart other than a candle chart.

Get burned? You better believed I've been burned already -- burned by using stupid technical indicators that CANNOT FORECAST. My fundamental system FORECASTS it doesn't just look at history, which is NOT a predictor of the future.

I could careless about being "One of the big boys." Because I can sit from the comfort of my home and beat the shit out of the big boys day in and day out. I don't have to play the corporate institutional game that the big boys do.

You make a whiny, bitchy post over nothing. You call yourself a good teacher, but you could learn much.