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Attachments: From £3 to £300,000 - another get rich quick bs ;-)
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From £3 to £300,000 - another get rich quick bs ;-)

  • Post #1
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  • First Post: Mar 19, 2015 4:44am Mar 19, 2015 4:44am
  •  Eur Usd
  • | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
Hi guys. This will be rather pisstake of people who think they can get rich quick with small amount of money ;-) I do't think I will do more than 300% with it but let's play. I have 3 quid - let's see how far it will get me ;-)
Rules?
Really nooby:
- always bet (bet not trade) 100% of account
- EUR/USD mostly, sometimes other pairs
- no s/l (as it's betting not trading)
- tp at 3 pips (over 1% profit) and more, depends how I feel about candles - I need only 1159 trades at 1% profit to get the 300k
- 1m and 15 m charts supported with higher frames
- entry at gut feeling (supported with 10 ema, 14 ema, 50 ema, 35 sma and 200 ema)

Why 300k? I figured out that it will allow me to pay capital gain tax, pay off mortgage, and buy new car plus keep some money on account, pay summer holidays and allow me to start few courses to push my career further - dreams dreams, dreams ;-)
Theoretically I can get there in half a year with just 10 trades a day if no marigin call will happen (100 pips against me means marigin call). In practise I give myself week at most - but it's just fun
On my way to financial independence - if others can do it - I can do it
  • Post #2
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  • Mar 19, 2015 5:26am Mar 19, 2015 5:26am
  •  Eur Usd
  • | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
I think I've already made mistake. Lookm at circled formation - I see it as triangle and price will go up at least at height of first candle - ove 50 pips, which means marigin call for me. That's how quick one can lose in this game
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On my way to financial independence - if others can do it - I can do it
 
 
  • Post #3
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  • Mar 19, 2015 8:37am Mar 19, 2015 8:37am
  •  hattorihanzo
  • | Joined Feb 2015 | Status: Junior Member | 2 Posts
Do you know people who made a lot of money with Forex? I have 20k on my account, trading since 3 months currencies, but Im not profitable at all. My dream is to make a living by trading (since I quit my Job and am actually looking for a new one-very hard to find), but it seems impossible to me. I would like to hear some advice how to be profitable.
 
 
  • Post #4
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  • Mar 19, 2015 11:05am Mar 19, 2015 11:05am
  •  jen101
  • | Membership Revoked | Joined Aug 2012 | 5,371 Posts
Quoting Eur Usd
Disliked
I think I've already made mistake. Lookm at circled formation - I see it as triangle and price will go up at least at height of first candle - ove 50 pips, which means marigin call for me. That's how quick one can lose in this game {image}
Ignored
I think EU is heading south nicely now; you should get it
 
 
  • Post #5
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  • Mar 19, 2015 11:53am Mar 19, 2015 11:53am
  •  Eur Usd
  • | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
Quoting jen101
Disliked
{quote} I think EU is heading south nicely now; you should get it
Ignored
And I got it, but was near to marigin call, as I did bet without looking at chart at all. I got over 25% profit today. In theory my goal is posible, in practice I can't see it
On my way to financial independence - if others can do it - I can do it
 
 
  • Post #6
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  • Mar 19, 2015 12:01pm Mar 19, 2015 12:01pm
  •  jen101
  • | Membership Revoked | Joined Aug 2012 | 5,371 Posts
Quoting Eur Usd
Disliked
{quote} And I got it, but was near to marigin call, as I did bet without looking at chart at all. I got over 25% profit today. In theory my goal is posible, in practice I can't see it
Ignored
Come on, take it a little bit more seriously Do you want any (gambling) tips? Let's see how far you can make £3 go.
 
 
  • Post #7
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  • Mar 19, 2015 12:04pm Mar 19, 2015 12:04pm
  •  jen101
  • | Membership Revoked | Joined Aug 2012 | 5,371 Posts
I see a little pullback then further south in my crystal ball.
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  • Post #8
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  • Last Post: Mar 19, 2015 12:12pm Mar 19, 2015 12:12pm
  •  Eur Usd
  • | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
I think it will get to 1.0680 and then south, possibly below 1.05
On my way to financial independence - if others can do it - I can do it
 
 
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