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What percentage profit per day IS possible? 56 replies

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Attachments: 1% to 3% Per Day? All things are Possible
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1% to 3% Per Day? All things are Possible

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R:R "Percentage Focus"
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders.

If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
If you want to make a lot of money, go to where money is in abundance.
Tiny practice account #2 All Time Return: 133.5%
Quoting ShadowdanceR
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders. If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
Not everyone is willing to share, oftentimes it turns out to be a business solution.
On this platform Hayseed does it, the late Nikos Mermigas on YouTube does it....the academy is still going...to this day.

It's not ecouraging to post these things sometimes when you make it public they say you are lying.... Displaying all the signs of disbelief and even when you're honest and show a video or pictures they say it's edited doctored. So why waste time.
R:R "Percentage Focus"
Quoting ShadowdanceR
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders. If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
https://www.forexfactory.com/thread/...ay-supertrap12
I honestly believe 2-3% per trading session is easily attainable although it takes lot of dedication, focus, self-discipline and patience.

Here's the screenshot of my new strategy i am testing right now and i have achieved over 3% gain in 3 trading session with (Less than 4% drawdown). Profits could have been more than doubled but focus was on preservation of the capital vs the profits.

It still have lot of room for improvement; for instance all the trades were market-execution trades. I think if i also implement the limit orders into my current trading plan; i could easily add 30-50% additional gains.

Still learning and improving...
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Stay Positive
Quoting 8tango
If you want to win money without many risk, it's not very difficult: use a Latency Arbitrage software, buy a broker company and trade on your own broker. All brokers have plugins to detect this strategy of trading and when they detect it, they modify the condition of your trading account (by adding slippage for example) and you loose, loose and loose money. If you trade on your own broker company, you don't have this problem and you win, win and win money. With this trading strategy you can get very large monthly gains, like the ones I made on one...
That's really quite impressive my friend.

I'm pretty sure there must be another way (Without buying a broker)
Stay Positive
Quoting forexjoy
{quote} That's really quite impressive my friend. I'm pretty sure there must be another way (Without buying a broker)
Which another way do you offer?
Quoting PrinceJ58
{quote} Been a while i have checked in... Been busy at it... This looks good man, thanks for checking in and making this post because alot of persons think its impossible if they cannot do it themselves.
Absolutely. We must just all find what works for us before we blow up. Things go up and down every day. Every day we have a 50/50 chance to get it right. Manage the risk, stay calm and focused, and everything will be smooth over time
Emotional Control. Process, not outcome.
Yea, it's not impossible. Hard to do consistently, but pretty good gambling stats if one prefers to look at it that way especially with play money as a hobby. Consistency is not my forte, but 14 trading days later...
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Quoting catman1
Yea, it's not impossible. Hard to do consistently, but pretty good gambling stats if one prefers to look at it that way especially with play money as a hobby. Consistency is not my forte, but 14 trading days later... {image}
Interesting results
R:R "Percentage Focus"
1% a day is possible but not everyday you have to accept that losing periods, bad days happen and you should handle them accordingly consider only in aggregate statistics.
This morning's naked chart trading was successful to my surprise. I guess after enough years staring at charts, information subconsciously embeds itself in the mind.
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Another demo account spanning 7 or 8 trading days. This is before I added an EA I made which was a bust. Too bad naked chart trading cannot be coded - I can only code by cutting and pasting and using an EA builder. (Would have been nice to learn to actually code but I'm too old for that.) Main point is that given enough time, any of us can succeed. Given recent world events, the only question is, do we have enough time left?
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