Ten-thousand in Education and still not profitable! - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Ten-thousand in Education and still not profitable!
Updated: Views / Replies:61,083 / 334
Created: by bobbyacim Attachments:11

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 11  
 
Thread Tools Search this Thread
 

Ten-thousand in Education and still not profitable!

  #11 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

I hate to say it, but after 6 years you might come to the conclusion that trading is not for you and you should seek other things in life because otherwise you will become frustrated and bitter.

I personally find your loss of $10.000 not that big, over a period of 6 years. I have spend way more in 6 months on this trading endeavor.

Reply With Quote
The following 5 users say Thank You to MetalTrade for this post:
 
  #12 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received

@bobbyacim , people are trying to help you, you just have to listen.

You have been listening to educators that tell you you need education and to spend money, yet not listening to those ( @BigMike, @FatTails, etc ) that do not want to make money, just to help.

In trading, you have to run your own race, no one can do that for you.

( How much have I spent on education ? I bought Al Brooks book and the rest was free. )

Reply With Quote
The following 2 users say Thank You to traderwerks for this post:
 
  #13 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus/Zen
Favorite Futures: Futures - bonds, currencies, index
 
Posts: 288 since Oct 2010
Thanks: 70 given, 267 received



bobbyacim View Post

IN 6 YEARS OF EXHAUSTIVE SEARCHING, I HAVE NOT FOUND ANY RETAIL DAYTRADER WHO UPON CLAIMING TO BE CONSISTANTLY PROFITABLE, CAN OFFER ANY CONCRETE PROOF OF SUCH. WHY?

It's a logical scenario. If you have found none, it means one of two things. Either they don't exist, or people who openly claim to be profitable generally can't back it up or can't be bothered.

Let's say someone did prove it. What would your action be?

a) accept that, be happy, go away and put the time and effort in to develop your own method
b) not believe them for some reason, and ask for more proof
c) say that's only one, and ask for more people
d) pester them with follow up questions about how they do it. Offer to help, or buy their method.

So, honestly, which would it be?

And a couple of final questions for you - what do you think anyone proving this to you online would get out of the exercise? Can you think of any reasons why they wouldn't bother?

Reply With Quote
The following 5 users say Thank You to Xeno for this post:
 
  #14 (permalink)
Membership Revoked
new york
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: mb trading
Favorite Futures: 6e
 
bobbyacim's Avatar
 
Posts: 184 since Feb 2010
Thanks: 598 given, 140 received

"It's a logical scenario. If you have found none, it means one of two things. Either they don't exist, or people who openly claim to be profitable generally can't back it up or can't be bothered"

FINALLY!!!! SOMEONE IS FOCUSING ON THE QUESTION I POSED INSTEAD OF MUSING PSYCHOLOGY LIKE BIG MIKE HAS BEEN DOING OR THE OTHER PERSON CONCERNED ABOUT MY LACK OF EDICATE FOR TYPING IN UPPERCASE.

Look, don't we ask for proof in any other performance based endeavour; for baseball players we demand to know their batting average; football, number of touchdowns, hockey, number of fieldgoals, etc.

This is one of the few performance based endeavors that requires nothing more than a mere mention of profitability for credibility.

Hey the famous trader Gary Smith once said in an interview that consistently profitable daytraders were so few that they were the exception to the rule.

I am sure you will agree Mike, that only a fool would base a rule only on an exception!

Reply With Quote
The following user says Thank You to bobbyacim for this post:
 
  #15 (permalink)
Membership Revoked
new york
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: mb trading
Favorite Futures: 6e
 
bobbyacim's Avatar
 
Posts: 184 since Feb 2010
Thanks: 598 given, 140 received


traderwerks View Post
@bobbyacim , people are trying to help you, you just have to listen.

You have been listening to educators that tell you you need education and to spend money, yet not listening to those ( @BigMike, @FatTails, etc ) that do not want to make money, just to help.

In trading, you have to run your own race, no one can do that for you.

( How much have I spent on education ? I bought Al Brooks book and the rest was free. )

WHY IS EVERYONE VEERING OFF TOPIC??
Perhaps because no one on this forum can honestly say they are CONSISTANTLY PROFITABLE AND BACK IT UP WITH PROOF EITHER???

Although a agreed that THE RUMPLED ONE was his own worse enemy and most likely his own cause for being banned from this site as well as others. After six long and expensive years of this journey, I must concur with some of the conclusions he drew, among them;
A) THAT IF ANY METHOD OUT THERE COULD BE CONSISTANTLY PROFITABLE, IT WOULD HAVE GONE VIRAL A LONG TIME AGO AND EVERYONE WOULD KNOW ABOUT IT

Reply With Quote
The following user says Thank You to bobbyacim for this post:
 
  #16 (permalink)
Elite Member
USA
 
Futures Experience: Intermediate
Platform: Infinity
Broker/Data: Infinity
Favorite Futures: ES, Euro
 
tickvix's Avatar
 
Posts: 232 since Feb 2010
Thanks: 137 given, 153 received


DavidHP View Post
Several points to consider:

1. TYPING IN ALL CAPS IS RUDE!!!
2. You have been looking in the wrong place.
3. You have been asking the wrong question.
4. Traders owe you NOTHING and proving profitability does nothing for them.
5. The purpose of trading is to transfer your account into mine.
(I am your competition why should I help you?)

and lastly... I owe you NOTHING... Anything I give you or allow you to see is being gracious.

Trading is tough. If you can't handle that, perhaps you need to try something else.



Thank you DavidHP for your post!!!!

This is the best reply the way I see it. Straight forward and to the point. I came to USA from Ukraine 30 years ago and in our world with in my community we have a saying one must eat some sh_t before they can get some where. The question is how fast can you be done with it. All based in the size of your spoon. I guess at this point your spoon is not big enough.

Sorry your posts got to me!!! Please try to read David's last sentence one more time, perhaps that would help. And one other point stop asking for anything to be given to you, try to give that might help. OK that would be enough I already invested more time into this then I had planed. Time to make more money.

TickVix/Gregory

Reply With Quote
The following 3 users say Thank You to tickvix for this post:
 
  #17 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus/Zen
Favorite Futures: Futures - bonds, currencies, index
 
Posts: 288 since Oct 2010
Thanks: 70 given, 267 received

How about answering my questions then?


bobbyacim View Post

Look, don't we ask for proof in any other performance based endeavour; for baseball players we demand to know their batting average; football, number of touchdowns, hockey, number of fieldgoals, etc.

Yeah, and we ask teachers and dentists and shop owners to prove how profitable they are by posting their tax returns online.


Quoting 
Hey the famous trader Gary Smith once said in an interview that consistently profitable daytraders were so few that they were the exception to the rule.

I am sure you will agree Mike, that only a fool would base a rule only on an exception!

Gary Smith has said they exist, so what's your problem?

Reply With Quote
The following 2 users say Thank You to Xeno for this post:
 
  #18 (permalink)
Membership Revoked
new york
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: mb trading
Favorite Futures: 6e
 
bobbyacim's Avatar
 
Posts: 184 since Feb 2010
Thanks: 598 given, 140 received

Ticvic,

Thanks for the advice and observation.

Folks, It looks like I am not going to get my question answered on this forum either.. Oh well, I will continue to ask this same question in hundreds of other forums until I tire.

Is anyone out there in the universe EARNING A LIVING FROM DAYTRADING SOLELY and can offer proof of such?

Reply With Quote
The following user says Thank You to bobbyacim for this post:
 
  #19 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

Ask velocity to see their leaderboard.

What is wrong with that proof ??

Reply With Quote
The following user says Thank You to MetalTrade for this post:
 
  #20 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus/Zen
Favorite Futures: Futures - bonds, currencies, index
 
Posts: 288 since Oct 2010
Thanks: 70 given, 267 received


It's a well worn path.

Trader spends years and loads of money trying to learn how to trade other people's courses and methods. Trader fails, because the courses and methods were useless, or trader failed to adapt them and put the time in. Trader gets angry and frustrated. Trader claims online that NO ONE is a profitable day trader. Profitable day trader reads post, laughs, and gets on with his real job.

I'll tell you what. I'll do you a deal. If you answer all the questions I've put on this thread so far, I'll send you a scan of my monthly trading statement which shows a decent profit from day trading alone for the month of Dec 2010. No more, no less. Some details will be blanked out. It is *probably* fakeable.

Now, I predict you won't answer the questions, or will be unhappy with the 'proof', but ask yourself, why should I bother putting any more effort than this in? Do you think I care whether or not you believe me?

Reply With Quote
The following 6 users say Thank You to Xeno for this post:

Reply



futures io > > > Ten-thousand in Education and still not profitable!

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TEN-THOUSAND IN EDUCATION, FINALLY PAYING OFF bobbyacim Trading Reviews and Vendors 303 March 15th, 2017 02:55 AM
Homeland-Security Business Still Booming Ten Years Later Quick Summary News and Current Events 0 May 29th, 2011 10:30 AM
Journey of a thousand ticks drmartell Elite Trading Journals 24 November 14th, 2010 11:33 AM
Top Ten Reasons I'm Ready To Leave My Home Office tigertrader Off-Topic 8 August 26th, 2010 10:32 AM
Enter to win: Ten commission free trades from Mirus Futures Big Mike Feedback and Announcements 12 June 30th, 2010 09:26 AM


All times are GMT -4. The time now is 05:22 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-24 in 0.13 seconds with 20 queries on phoenix via your IP 54.158.248.167