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Guest oilfxpro

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  • 4 weeks later...
Guest oilfxpro

On broker forums, there is the risk the broker will market products, into the discussion forums, through various new threads about new products.It is also possible some posters are employed by the broker, to specifically promote new products.

 

It is also possible, clients are posting about new products they want to see introduced.

 

With this information in mind, traders should only be influenced by their own analysis and profitability of the trades/systems/instruments they learn on forums.They should not be influenced into trading new krypton currencies that are highly speculative, as a result of new forum threads about these extremely volatile instruments.

 

Everything is possible in terms of traders being influenced by forum discussions.

 

http://besttradingforums.blogspot.co.uk/2017/10/95-of-traders-lose-below-confirms-this.html

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Thanks for the feedback. We are as transparent as possible on IG Community, and we'll make sure anyone who works here will have the IG Staff and icon next to their name, as well as clearly indicate in the appropriate section when new things become available (for example Ripple / new trading platform features etc).

 

But you are very right - personal analysis and a good understanding of your strategy is incredibly important. 

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Guest oilfxpro

Hi James

 

You are offering prizes for posting, what I see on your forum, adding more sections will improve the forum from trader's point of view and will encourage more visits.

 

Take a look at trade2win forums set up here:

 

http://www.trade2win.com/boards/

 

There are many sections missing, having more sections will impulsively encourage clicks and visits.The curiosity will inspire the cats to click and visit.

 

You designed this initial forum from Ig's view and bias, as to what section IG i.e you require in the forum.It still gives the impression of a forum for IG.

 

The following sections are from a trader's point of view and what traders require to see.I don't need I G forum or any forums, but I thought of showing you a trader's point of view.

 

ig traders.jpg

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Guest oilfxpro

Will I G ban traders giving a profitable methods, systems, ideas and education?

 

On private trading forums, If successful traders post free  profitable systems, methods and ideas,  the regular vendors on private forums lose out . Everybody stops buying  their systems, methods and education, so they start attacking the profitable traders,who are giving away good methods etc, who  are banned because the private forum regular educators  can't make money from them.They can't sell any education, because it is freely given away, they don't click advertisements and they make the blind resident forum failures feel guilty of selling useless education i .e scamming.


Who will the private forum educators sell to, if everybody on the forum is profitable,except the regular  failures?.They need learners, failures and new traders to click ads on private forums.The forums get income from ads.

 

https://www.forexfactory.com/mediakit

 

 

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Guest oilfxpro

Why should I G ban profitable customers?

 

I would have thought, I G would benefit by having more customers who are profitable, the more new customers they retain the more execution income I g receive, the profitable and long term customers and increasing customer numbers thorough retention can lead to bigger income year after year.

 

 

The private forums prefer trading failures,learners and amateurs.The profitable traders don't fit in with private forums,They prefer the failures to keep clicking ads on private forums.

 

FOREX FACTORY.jpg

 

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    • Thanks THT. Great data. Pity Brokers do not have software of this calibre that would help traders a lot more, and quick work Price / Time charting. They offer the standard tools.  
    • Hi Skyreach, Thanks for the comment Yep, most charting software does not do it right, this is purely down to the SCALING of computer screens and the software - there is a solution though The perfect way is to find out the scaling for the market you're looking at (they are ALL different) - If you take the SP500 as an example and I think I showed this on my "Are the markets random" thread, the High of Jan 2022 to Oct 2022 was a PERFECT 1 x 1 down angle in terms of Gann - the scaling formula is EXACTLY the same scaling for UP angles Gann angles aren't the be all and end all as they have there limitations but you can use them for certain things - What Gann did was right specific courses for huge amounts of money with confidentiality clauses that explained exactly what the markets were/are doing, those courses have remained hidden from the public, with only a tiny amount of evidence as to what was going on - BUT, Gann was talking about planets and planetary positions on charts in relation to prices and his Gann angles, were approximate planetary lines for the general public to use, not precise, but good enough as the angles are based on %'s of the circle See the following chart: DJIA from 2009 - People would have writen off the 1 x 1 angle after 2011, but look at it in 2022 perfect example of price and time balancing - this is a perfectly scaled chart and angles Notice: the 1 x 1.5 angle (never talked of of published on charting software) it was effective throughout and ran through the 50% level of the "covid" plunge EXACTLY This chart is the DJIA from 1982 to 2000: The 1 x 1 forecast and timed the big 2000 highs, notice the support it provided in 1987+ and notice that the 1.5 x 1 angle ran right though the 50% level of the 1987 crash - in just 2 charts we've seen the 1.5 angle split major crashes precisely and exactly to the 50% level So to come back to your comment about scaling etc and again I've shown this in "Are markets random" thread, but didn't highlight it - If you find a well defined market swing of a number of weeks or months as shown in the chart below - box the swing, split it proportionally into 25%'#s draw angles to intersect those 25%'s as shown = YOU WILL HAVE A PERFECTLY SCALED ANGLE FOR YOUR COMPUTER SCREEN AND CHARTING SOFTWARE  As long as you don't change the scaling on the chart by adding or reducing more price bars etc it will be accurately scaled, you can then COPY the angles and move around the chart - On my charting software I look back over 6 months, if I changed that to say 9 months then the scaling would change and the angles created on the 6 month basis would not be to scale, so as long as i keep the look back to 6 months any angles created will be perfectly scaled etc My software also allows me to view the angle on different timescales without moving it I mentioned planets above Not shown on the chart is the Mars/Jupiter combo at the 2009 low - the SP500 stopped dead at 666.79 points  - the Mars/Jupiter line was at a longitude of 307 degrees on a circle of 360, add 360 to 307 and you get the value of 667 = which was the value in points at which the SP500 "suddenly" stopped dead at and turned around!  This chart proves the conjunction value of mars/jupiter: The first chart is Gann's 1948 Soybeans charts shwoing Mars and Jupiter conjunction at the HIGH Then this is Mars/Jupiter conjunctions in the SP500 from 200 high - not all timings are significant but some are Here's, the trendline as a line from the 2000 high - notice that in 2018 it caught the high around the conjunction date - the thing to consider here is like the 2009 low, PRICE was 2872, the 2018 conjunction was the 8th conjunction since the 2000 high - 8 x 360 = 2880 degrees from the 2000 high = 8 points from perfection As we can see when Mars/Jupiter time and price balanced, the market dropped - only a minor drop in the grand scheme of things, but it did exactly as Gann said it would, trend reversal So although Gann mentioned his gann angles, really was he was saying was "Planetary lines" - which is exactly why when we trade gann angles, they often don't work that well, because we're trading them with the wrong scaling, the wrong reasoning and something else is creating the lines and angle of them, that most people are oblivious to That being said, people can still trade the steeper Gann angles from either the box method of creating them or the proper scaled method of knowing the points per bar figure - markets above the steeper angles often keep on rising  THT
    • Zscaler Inc., Elliott Wave Technical Analysis Zscaler Inc., (ZS:NASDAQ): Daily Chart, 25 September 23 ZS Stock Market Analysis: We have been monitoring this stock as we were mainly looking for continuation higher after what seemed to be an initial move to the upside followed by a corrective downward move. At this stage the main scenarios are two. Either we just made wave (i) of {c} and we are looking to resume higher or else we’ve had a short wave {c} and we could be continuing lower.   ZS Elliott Wave Count: Wave (ii) of {c}. ZS Technical Indicators: 20EMA as support.   ZS Trading Strategy: Looking for longs into wave (iii). TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here!         Zscaler Inc., ZS: 4-hour Chart, 25 September 23 Zscaler Inc.,Elliott Wave Technical Analysis ZS Stock Market Analysis: Looking for a potential three wave move into wave (ii) to then have additional confirmation of upside resumption. We currently stand at the 50% retracement, with invalidation below wave (i).   ZS Elliott Wave count:  Wave (ii) of {c}. ZS Technical Indicators: Between averages. ZS Trading Strategy: Looking for longs after upside confirmation.
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