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  #51 (permalink)  
Old 06-12-2007, 02:23 PM
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Hi, I'm new here.

I just wanted to point out to Mr. Bongo that his theory about all the idiots becomming millionaires is highly unlikely, even IF someone posted a great system. A market has two sides, buyers and sellers. If everyone used the same system, the market would flat out. Money does not just pop out of the pants of the brokers, they are transfered between participants in the forex market. Ergo, if everyone buys at the same time, who will sell?

So, it wouldn't not work because of brokers closing accounts, but because a market does not reward equality in the way that is suggested here.

- Cheers
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  #52 (permalink)  
Old 06-16-2007, 05:37 PM
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Thumbs up

I've been dabbling in the forex for about 5 years and, about 3 years ago, I gave up trying to write a profitable EA. I lost about $3,500.00.

A little while ago, I picked it up again...began developing an EA. I've been forward testing it as I developed it.

Two weeks ago, it became profitable. The last two weeks give me hope! You can do it too!

Here's the equity chart for the entire development period. Note the last two weeks...
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Success is more perspiration than inspiration . . .
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  #53 (permalink)  
Old 06-16-2007, 08:22 PM
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Martiangle scalping the dowjones futures :P
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  #54 (permalink)  
Old 06-19-2007, 03:44 AM
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Quote:
Originally Posted by Bongo
....and 100,000 traders will use the same EA.
....and all brokers go to bankruptcy.
…. and Forex can close the door.
…. and all idiots will be millionaires…
??????????????????????????????????
.....and for FREE to download....

You must be sick or you don’t know what you are talking about!?
eventually everyone is going to be a millionaire...

what a selfish dood
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  #55 (permalink)  
Old 06-28-2007, 05:46 PM
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You are new to the forex

This can happen in the Stock Market, but this thread is about the forex.

Quote:
Originally Posted by Kingen View Post
Hi, I'm new here.

I just wanted to point out to Mr. Bongo that his theory about all the idiots becomming millionaires is highly unlikely, even IF someone posted a great system. A market has two sides, buyers and sellers. If everyone used the same system, the market would flat out. Money does not just pop out of the pants of the brokers, they are transfered between participants in the forex market. Ergo, if everyone buys at the same time, who will sell?

So, it wouldn't not work because of brokers closing accounts, but because a market does not reward equality in the way that is suggested here.

- Cheers
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