SteveHopwood » Mon Mar 21, 2016 9:22 pm wrote:
A number of consensus opinions are changing with the new reality of retail forex trading. Or should be, if the consensus holders have any firing synapses.
Many thingies that were undoubtedly true 10 years ago are no longer so, or at least are less true and becoming less and less so as time passes.
Criminal brokers who once had things entirely their own way are starting to go bust.
Retail traders who once routinely lost all their cash are no longer doing so quite so routinely. Some of us are even starting to profit.
There is a reason for this? It is time and experience. Ok, so two reasons, but stop being picky.
There are a group of us at the core of shf who have been at this game for a decade. We 'grew up' in forex terms, together. They do not all contribute here these days, but did so in the past and gradually added to the breadth and depth of all of our experiences. I still see them passing by from time to time.
Now we have people at the core with a wealth of experience gained mostly through pain over a considerable period of time. There is this
thing about forex trading that kept some of us banging away at it even though it often felt like two steps forward and three steps back.
We bring to this business a staggering force of intellect (well, OK, so not me but let's move on), experience, understanding and mental toughness. To put it bluntly, we are an unstoppable force of nature. Anyone who has the nous to do a bit of serious reading here will cut short the learning process by
years and maybe save themselves a few of the blown accounts the rest of us have in our background.
If the equivalent of shf had existed 10 years ago, then ours would not exist now because we would not need it. It did not exist back then because the expertise was lacking to create it. A few forums tried, especially the biggest of them all, but ultimately they drove away the very growing experience that would have made them into something special.
To the immeasurable benefit of shf, some later members have stayed quiet and learned.
A classic case of this is Kevin. He joined in Jan of 2014 and stayed quiet for a long time. There are all sorts of reasons why he should have stayed quiet but I am going to assume the best ones. He read and learned. Then he exploded onto HGBnG with the force of a supernova with the intent to do good for all mankind.
What an explosion. Is he an invaluable member of shf, or what?
We are getting stuff right here folks. Ignore the oldies who intone that such-and-such is impossible. We are changing the rules at shf.
Interesting buttons to play with. 