... but please don't try to do it.

- Joined May 2017 | Status: Intermediate Trader | 2,218 Posts
Extreme gut feeling trader
Road to Million All Time Return:
-97.1%
Trendline Break (The Only System You Need) 478 replies
Rick Sanchez is trying to turn $50 into $50,000 in 10 trades 32 replies
Wouldn't it be good if during flat markets you only broke even on trades 4 replies
Need Experts help - How to tell an EA to close only profitable trades? 0 replies
What do you think of members who only share their trades way after they happened? 13 replies
Disliked{quote} Growth factor of 1000 after 10 trades works out as a geometric progression factor of 1.99526... per trade. That's a curious numerological factoid!Why advice against it? It should be taken as an exhortation to being selective about picking trades. It's also possible, in principle. It would require serious skills, rare psychological traits of discipline and emotional balance and also a great deal of luck.
Ignored
Disliked{quote} Only in theory, but not in practice. I bet if a broker offered a Million dollars for any of their clients to attempt that feat, they would make a lot of money. As an example, I was in a Forex trading competition this year with a $10K prize offer to the trader who could achieve the highest yearly return. So hundreds joined in at attempt to win first prize. By the end of the year, only 8 traders remained in profit let alone in the race to collect the $10K. The reason was many traders thought they would be smart by just trading a $500 account....Ignored