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Double the account every month

  • Post #1
  • Quote
  • First Post: Jun 22, 2018 6:31am Jun 22, 2018 6:31am
I will trade a live account.if i double the account for three month.i will share the system with fellow traders
Quoting wealthpro
I will trade a live account.if i double the account for three month.i will share the system with fellow traders
What about using max leverage a trying to catch a small move?

Using 320:1 leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $100. If you are good/lucky after 3 trades you will have $800. Take $200 to another account and keep on going with $600. If you blow it you have the backup $200 and still be +100% for the month. Be picky with your entry. You need to be correct "to-the-pip"
Quoting Nenuser
{quote} What about using max leverage a trying to catch a small move? Using 320:1 leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $100. If you are good/lucky after 3 trades you will have $800. Take $200 to another account and keep on going with $600. If you blow it you have the backup $200 and still be +100% for the month. Be picky with your entry. You need to be correct "to-the-pip"
Hi, Nenuser that is an interesting strategy, that is a way if the trader is a more of a gambler and has spare pocket change to risk and very hard to do consistently. Wealthpro, you have to have your probabilities of your entries figured out to the finest detail if you attempt that with such high risk. Doubling an account per month (25% weekly or 5% daily on average) is also achievable, it just gets harder to compound and if you fall into a unlucky loss streak, the increased risk amount can eat away at any gains. Could you please share some hints of how you plan to achieve that? like will you trade high risk with high % probability? Wish you the best of luck.

Kind Regards,
Tzamo
"Only you can Make the Future you will be proud to be a part of..." -Me
target achived.no more trades today
Quoting Nenuser
{quote} What about using max leverage a trying to catch a small move? Using 320:1 leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $100. If you are good/lucky after 3 trades you will have $800. Take $200 to another account and keep on going with $600. If you blow it you have the backup $200 and still be +100% for the month. Be picky with your entry. You need to be correct "to-the-pip"
thank you for the advise.i go with my plan
Quoting tzamo
{quote} Hi, Nenuser that is an interesting strategy, that is a way if the trader is a more of a gambler and has spare pocket change to risk and very hard to do consistently. Wealthpro, you have to have your probabilities of your entries figured out to the finest detail if you attempt that with such high risk. Doubling an account per month (25% weekly or 5% daily on average) is also achievable, it just gets harder to compound and if you fall into a unlucky loss streak, the increased risk amount can eat away at any gains. Could you please...

tzamo I am going to trade gold only try to catch 1.25 dollar move or 125 pips a day.each week I will increase my lot size.now I am not going on the trade method.if I achive my goal then I will disclose trading method
Quite possible but not risk more then 5 %.....
Trade fearless not careless...
Easy Return This Year: na
Quoting Nenuser
{quote} What about using max leverage a trying to catch a small move? Using 320:1 leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $100. If you are good/lucky after 3 trades you will have $800. Take $200 to another account and keep on going with $600. If you blow it you have the backup $200 and still be +100% for the month. Be picky with your entry. You need to be correct "to-the-pip"
Hi Nenuser, he do not have to risk it that way ... he has a whole month (20 to 22 days) to try to double his account ... trying every day a little bit seems to me the best option ... but each one has a different risk appetite.
POW!
Quoting wealthpro
I will trade a live account.if i double the account for three month.i will share the system with fellow traders
Good luck
POW!
Quoting mohsinali
Quite possible but not risk more then 5 %.....
noted thanks
  • Post #12
  • Quote
  • Last Post: Jun 25, 2018 10:12pm Jun 25, 2018 10:12pm
Hi.
I'm looking at your system.
https://www.forexfactory.com/showthr...3#post10249493

I want to suggest paying attention to the 2 indicators.

1 - THV Coral. Very useful.
2- Range bars. On chart - 3 pip RB.
More in this thread
https://www.forexfactory.com/showthr...2#post11195692

I enclose a picture. It looks even more clear. Rule with h, you need to be a little bit quicker.

I hope I find something useful.

I wish you success
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM333.png Size: 63 KB
Attached File(s)
File Type: mq4 THV4 Coral [email protected]   4 KB | 225 downloads
File Type: mq4 Range bars EA gapped.mq4   16 KB | 228 downloads
"All good things come to those who wait"
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