Interesting concept...
- Joined Mar 2016 | Status: Member | 6,279 Posts
Make all possible mistakes in demo and rain in pips in live account
Trading Contest All Time Return:
2.3%
You only need 10 trades to turn 1.000 to 1.000.000... 9 replies
$100,000 from $5,000 using 10 lot trades in EURUSD 11 replies
$1000 to $1,000,000,000 in 4 years 125 replies
Gutenberg money printing machine.. 100 to 1.000 to 10.000 to 100.000? 15 replies
30.000.000.000 flooding the market! How do you see it? 2 replies
DislikedWho can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...Ignored
Disliked{quote} No even George Soros can achieve this. Only adjustment and retracement is enough to wipe the account, even if the setup is strong and would finally follow the directionIgnored
Disliked{quote} No even George Soros can achieve this. Only adjustment and retracement is enough to wipe the account, even if the setup is strong and would finally follow the directionIgnored
DislikedSounds counterintuitive but the math works. The reason being that the trick of investing is addiction. My rule is simple if I m down a month I consider that a big failure. I don' care about the upside, the goal is to not lose money on any given month. Cheers.Ignored
DislikedWho can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...Ignored
Disliked{quote} This can be achieved by luck and BY chance.But we have to see the probabilty of occuring such type of event. Now lets get into some real life statictics.To go from 10$ to 80000$ in 13 trades. This thing breaks down to getting 13 wins in a row.Now consider this scenario for example heads a winner and tails as a losser. Considering your risk to reward is 1 to 1.And you double your money if you win in that particular trade until you reach your 80000$ 10$[this is when you start] 20,40,80,160,320,640,1280,2560,5120,10240,20480,40960,81920....Ignored
Disliked{quote} Yes. If to double the account with every winning, but lose it all every time you lose, the chance is, for 2 chances, 1/4 (lose-win, win-lose,lose-lose, win-win), then it is 1 / (2^chance). Considering you want to win 13 times, then the chance is 1 / (2^13) = 1/8192.Ignored
Disliked{quote} Yes thats right the precise number is [8192 in 1] 8000 was just a rounded of number i said. Now lets further calculate this thing, If you lose 8192 times[8192 × 10 = 81920$] and win ONE TIME 81920$ you are back to zero. But Like i said if someone had a slight edge than this can change completely.Ignored