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Rags to Riches in 10 or 20 Trades - Simplicity at its finest

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  • Post #2,761
  • Quote
  • Feb 10, 2020 2:52am Feb 10, 2020 2:52am
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,675 Posts
Quoting sofiecoco
Disliked
Let's see how this goes... Starting balance $100 Currently have a sell on GA
Ignored
All the best
 
1
  • Post #2,762
  • Quote
  • Mar 30, 2020 2:01pm Mar 30, 2020 2:01pm
  •  vamoscapitos
  • | Joined Nov 2012 | Status: Member | 5 Posts
Hello everyone
I'm starting with 50$ to apply the math plan on just 6 trades to make +36k profit
But it's a little bit different
Here is my video doing it live a trade by trade
Please wish me good luck haha
Inserted Video
 
1
  • Post #2,763
  • Quote
  • Mar 30, 2020 2:09pm Mar 30, 2020 2:09pm
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,675 Posts
Quoting vamoscapitos
Disliked
Hello everyone I'm starting with 50$ to apply the math plan on just 6 trades to make +36k profit But it's a little bit different Here is my video doing it live a trade by trade Please wish me good luck haha https://youtu.be/ShRtLpSLSxI
Ignored
I wish you best of luck on your challenge
 
2
  • Post #2,764
  • Quote
  • Mar 30, 2020 11:09pm Mar 30, 2020 11:09pm
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting vamoscapitos
Disliked
Hello everyone I'm starting with 50$ to apply the math plan on just 6 trades to make +36k profit But it's a little bit different Here is my video doing it live a trade by trade Please wish me good luck haha https://youtu.be/ShRtLpSLSxI
Ignored

the best of luck Why cant you have normal voice in the video, at some points i dont hear what you say

Best regards
 
 
  • Post #2,765
  • Quote
  • May 14, 2020 2:32pm May 14, 2020 2:32pm
  •  PandaTradeFx
  • Joined Nov 2019 | Status: No name | 178 Posts
I will try to give it a chance starting with 8$
Previous 5 attempts starting with 100$ failed, hope, I could do it now. Anyway, I can deposit many accounts with 8$=)
 
1
  • Post #2,766
  • Quote
  • May 14, 2020 2:44pm May 14, 2020 2:44pm
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting PandaTradeFx
Disliked
I will try to give it a chance starting with 8$ Previous 5 attempts starting with 100$ failed, hope, I could do it now. Anyway, I can deposit many accounts with 8$=)
Ignored

Dont try and dont have a plan B or fund many accounts and dont hope. Prepare yourself think it thrue and just do it just do it as in nike
If you really want to do it you ca if not then fund 1000 account and try and hope and still fail at the end .....

Best regards
 
1
  • Post #2,767
  • Quote
  • Nov 2, 2020 12:19am Nov 2, 2020 12:19am
  •  eddyskommmsi
  • | Joined Mar 2020 | Status: Member | 8 Posts
Hello Traders, This is a very interesting thread.
I'm also have a same thinking about this approach. even though this is a low probability. But I Do Believe It!
And here is the prove of mine.. Flipping about $13 into above $100 in 1 week.
And also my strategy for achieve this goal.
This is also my lifetime trading goal.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: Trading Compound Sheet Plan.png
Size: 46 KB
Click to Enlarge

Name: Trading Result 27 October - 30 October 2020 Detail.png
Size: 126 KB
Click to Enlarge

Name: Trading Result 27 October - 30 October 2020.png
Size: 24 KB
Every Top we reach come from a small step we step In. Trade Well Close Well
 
3
  • Post #2,768
  • Quote
  • Nov 2, 2020 3:12am Nov 2, 2020 3:12am
  •  Jlrobert
  • | Joined Feb 2015 | Status: Member | 39 Posts
Quoting eddyskommmsi
Disliked
Hello Traders, This is a very interesting thread. I'm also have a same thinking about this approach. even though this is a low probability. But I Do Believe It! And here is the prove of mine.. Flipping about $13 into above $100 in 1 week. And also my strategy for achieve this goal. This is also my lifetime trading goal. {image} {image} {image}
Ignored
Good returns! Compounding definitely can do wonders. However when the lot sizes increase, it will be a real test of your psychology to hold the trades to R:R.

All the best.
 
1
  • Post #2,769
  • Quote
  • Nov 2, 2020 3:19am Nov 2, 2020 3:19am
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,675 Posts
Quoting eddyskommmsi
Disliked
Hello Traders, This is a very interesting thread. I'm also have a same thinking about this approach. even though this is a low probability. But I Do Believe It! And here is the prove of mine.. Flipping about $13 into above $100 in 1 week. And also my strategy for achieve this goal. This is also my lifetime trading goal. {image} {image} {image}
Ignored
My compliments to you.
There are very compounding money management out there.
That's is not the problem.
The problem is to find a +80% strategy to use these compounding methods.
What strategy did you used?
 
 
  • Post #2,770
  • Quote
  • Nov 2, 2020 4:10am Nov 2, 2020 4:10am
  •  eddyskommmsi
  • | Joined Mar 2020 | Status: Member | 8 Posts
Quoting Merka
Disliked
{quote} My compliments to you. There are very compounding money management out there. That's is not the problem. The problem is to find a +80% strategy to use these compounding methods. What strategy did you used?
Ignored
Trading is a game of odds or probabilities, and not absolutes or certainties.
Understanding this gives you the freedom to accept that you cannot predict what may or may not happen with any level of certainty.
Therefore, you need to ensure you only think in terms of probabilities, and plan for this in your trade execution, by ensuring you don't take excessive risk, and also accepting that you will incur losses - even on the best setups which match your criteria,
and may be identical to setups which end up generating profitable trades.


Above is the main mindset of my trading journey. because trading is a game of odds or probabilities, so my strategy for my trading can be random.. depends on market situation and which pair to trade.. if you ask me do I have a +80% profitable strategy? No..I Don't ^^ for me the best approach is try the best to buy as low as possible and try to sell from the top as possible.. to do that.. many strategy can be used.. like ex: channel trendline, break and retest.. and many more..
for me.. to success compound.. the key is proper entry with high psychology control of mind.. and need to be patience to wait for the perfect setup.
Any strategy can be used as long as we enter the right time and exit at the right moment. Greed also a big problem.. XD
Every Top we reach come from a small step we step In. Trade Well Close Well
 
3
  • Post #2,771
  • Quote
  • Nov 2, 2020 4:26am Nov 2, 2020 4:26am
  •  eddyskommmsi
  • | Joined Mar 2020 | Status: Member | 8 Posts
Hello Traders, Below is my compound trading plan in Excel File..
Hopefully can help you guys prepare your trading goal.
You can edit your self..
For Me.. my best setup is 40 StopLoss and 60 TakeProfit.
Try to used high leverage, no swap broker and no commission fee + Have Cashback Reward much better.
Attached File(s)
File Type: xlsx TRADING GROWTH PLAN.xlsx   28 KB | 231 downloads
Every Top we reach come from a small step we step In. Trade Well Close Well
 
 
  • Post #2,772
  • Quote
  • Nov 2, 2020 10:32am Nov 2, 2020 10:32am
  •  eddyskommmsi
  • | Joined Mar 2020 | Status: Member | 8 Posts
Hello Traders, This Month I'm starting with $100 challenge.
I will try to compound my trading compound sheet plan.
will let you guys know my progress via this thread..
And I only Aim for 6 consecutive win this month.
So far today I got my first win trade.. 5 trade to go..
Wish Me The Best
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: TradingProgress1.png
Size: 55 KB
Click to Enlarge

Name: NovemberTradingPlan.png
Size: 54 KB
Every Top we reach come from a small step we step In. Trade Well Close Well
 
6
  • Post #2,773
  • Quote
  • Nov 2, 2020 10:37am Nov 2, 2020 10:37am
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,675 Posts
Quoting eddyskommmsi
Disliked
Hello Traders, This Month I'm starting with $100 challenge. I will try to compound my trading compound sheet plan. will let you guys know my progress via this thread.. And I only Aim for 6 consecutive win this month. So far today I got my first win trade.. 5 trade to go.. Wish Me The Best {image} {image}
Ignored
Best of luck
 
2
  • Post #2,774
  • Quote
  • Jan 6, 2021 11:15am Jan 6, 2021 11:15am
  •  nessus94
  • | Commercial Member | Joined Sep 2009 | 1,757 Posts
Hello

I have decided to start this challenge
its clearly doable

i will put a 100 dollars account
(50 bucks to trade gbp/usd and eur/usd)
(50 bucks to trade oil)

Are you guys going big on a single trade?
Or you trade small ? then you double the lots when the account is doubled ?

thank you
Make money by doing the opposite of Giveachance aka loser
 
2
  • Post #2,775
  • Quote
  • Jan 6, 2021 11:31am Jan 6, 2021 11:31am
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting nessus94
Disliked
Hello I have decided to start this challenge its clearly doable i will put a 100 dollars account (50 bucks to trade gbp/usd and eur/usd) (50 bucks to trade oil) Are you guys going big on a single trade? Or you trade small ? then you double the lots when the account is doubled ? thank you
Ignored

Hope you and the others here make it
 
1
  • Post #2,776
  • Quote
  • Mar 5, 2021 6:00pm Mar 5, 2021 6:00pm
  •  Jinzl
  • | Joined Feb 2021 | Status: Junior Member | 1 Post
Hi,
I am new to FF and somehow this thread is recommended in while I scanning through the forum.
It sounds very interesting. And I realized no one has said anything about this so I think I sould be responsible to say:

THIS WON'T WORK!!!

sorry @Rag2RichesFX. I know you've did a lot of calculations and stuff and it sounds very doable but your plan will not work based on at least 3 factors I can think of. (I can't state it now because I'm on the rush to go to work)

I just want to say that this plan is totally gambling. It's very entertaining to read but please don't do it with your hard earned money.

I will update my opinion if you guys are interesting to hear.
I truly mean no offense or criticise to anyone. Hope you understand.
 
2
  • Post #2,777
  • Quote
  • Jan 30, 2022 12:20am Jan 30, 2022 12:20am
  •  q_import
  • Joined Oct 2010 | Status: retired | 1,588 Posts
There is no shortcut.
 
1
  • Post #2,778
  • Quote
  • Edited 8:34am May 8, 2022 8:19am | Edited 8:34am
  •  SilentFather
  • Joined Jul 2018 | Status: Member | 738 Posts
Quoting q_import
Disliked
There is no shortcut.
Ignored
It is doable IF you know WHERE big players come into game and WHERE they buy or sell. I'll prove it when the time comes. I also know the way to catch top and bottom. It is highly doable, but it's unbelievably hard because of your . I still believe after years that it is possible. I made from 800 USD to 3 400 USD in week. Then I completely lost my mind because I got angry at myself. I deleted the account on purpose. Just because I was angry at myself. Don't remember more, I was just... Can't really explain.

Anyway catching the bottom and the top is not always possible. One cannot notice everything. This is the problem. But otherwise it's possible. So two basic ingredients. Knowing where the bank is buying and selling, and also knowing where the possible top or bottom is.

If we're talking about those banks, we need to know the exact price level - for example, we know that a bank or fund is buying EUR/USD at 1.1130...

Example attached... EUR/GBP

SF
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot_20220508-143109.png
Size: 47 KB
 
2
  • Post #2,779
  • Quote
  • May 8, 2022 9:21am May 8, 2022 9:21am
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,675 Posts
Quoting SilentFather
Disliked
{quote} It is doable IF you know WHERE big players come into game and WHERE they buy or sell. I'll prove it when the time comes. I also know the way to catch top and bottom. It is highly doable, but it's unbelievably hard because of your . I still believe after years that it is possible. I made from 800 USD to 3 400 USD in week. Then I completely lost my mind because I got angry at myself. I deleted the account on purpose. Just because I was angry at myself. Don't remember more, I was just... Can't really explain. Anyway catching the bottom...
Ignored
Yes, it's a question of mind set.
If so, than you can shoot only for 3x/4x max and restart all over again
 
1
  • Post #2,780
  • Quote
  • Edited 10:17am May 8, 2022 10:04am | Edited 10:17am
  •  FraterRedox
  • Joined Jun 2020 | Status: Penny Lot Lifestyle | 516 Posts
Nice to see a thread being alive.

IŽll take it to even more extreme:
some brokers provide 1:1000 or 1:2000 or even 1:3000 leverage.

I can use 1:2000 leverage on my broker.

So if you would go for a
1) 100 pip trade with 25.- USD acc with 1:2000 leverage and 0.1 lot (margin 5.27 on EURUSD), room for SL ab 20 pips - you end up with 100 USD profit or margin call
2) 100 pip trade with 125.- and 1 lot = 1000 USD, if you are wrong, 20 pips will give you a MC
3) 100 pip trade with 1125 and 10 lots = 11250 USD, if you are wrong, 20 pips give you a MC

Your risk is 25, your reward is 10k+. Takes time and skill to find those trades but the stake is high as a kyte, so take a month or even 2 to find those 3 trades.

And in a case your 1) trade is a success - give yourself some more wiggle room - start 4 accounts with 25.-.
If one of those 4 accounts goes to 2) success - you have 40 accounts with 25.-.

Having 40 acc-s: can you make 3 winning trades in a row even on just 1 account?
I tweet
 
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