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Possible to Turn 1000 into 1 Million in 12 Months?

  • #21
  • Jul 28, 2017 12:59pm Jul 28, 2017 12:59pm
Quoting Kabata
For over 15 years i have been trading forex and i can say forex has given me alot . I went from almost nothing to being a millionaire in my first 10 years of trading . from day one i was trading full time and learning to trade 12hrs daily . By year 5 i still hadn't mastered anything , i was jumping from System to system . my breakthrough happened during year 7 when i decide to stop and figure out my own strategy and this in 3 years helped to take a 50K account to over 1M and the rest was history . Im here to show you that anyone can do it as long...
Thanks for sharing your insight.

Some people questioned your broker. But I think if you will show your MyFxBook and TE, so we can verify your trades, then I will follow you.

Why you put 6 M in your acc and risk 0.5%?

Why not put only 1.5 M and risk 2%. Or you may even have $750,000 in your acc, and risk 4%.

Since your are a very skilled and profitable trader, it would be very unlikly you get margin call risking 4%.

So, my big question: why is necessary have 6.65 M in your acc?
  • #22
  • Jul 28, 2017 1:00pm Jul 28, 2017 1:00pm
I AM NOT HERE TO PROMOTE ANYTHING.
i´m here to show those traders starting out possibilities of what happens if you have a plan , discipline , and dedication .
  • #24
  • Edited Jul 29, 2017 4:17am Jul 28, 2017 11:42pm | Edited Jul 29, 2017 4:17am
~ Deleted post (out of politeness)

All the best with your objective.
'For the market to work, it needs people who think that they can beat it.'
  • #25
  • Jul 29, 2017 2:32am Jul 29, 2017 2:32am
My Title is a question. i think most are reading only the part which says 1000 to 1Million. Try to read the whole title and understand it . we live in a limitless world so everything and anything is possible , how you get there is another question. we are not going to turn 1000 into 1 M in 1 trade , it will be done systematically . Our first Goal is to get to 10K then from 10K to 100K and from that to 1M .
  • #26
  • Jul 29, 2017 5:20am Jul 29, 2017 5:20am
All i had 15 years ago was a will to be successful , there was no option for me but to succeed and with this i was determined. and thats exactly what i´m here to show you. that if you have the determination you can go as far as your mind can take you. BELIEVE YOU CAN . the account is open for anyone to see what i´m doing . i will update this thread on a weekly or monthly basis . I´m not here to get anyone to follow me or invest with me . all im here is to show that its possible .
  • #27
  • Jul 29, 2017 10:26am Jul 29, 2017 10:26am
Quoting Mingary
6 million ... , isn't that what the entire Vuanatu island is worth ?
you underestimated Vanuatu... was once there
https://www.privateislandsonline.com/search?availability=sale
  • #28
  • Jul 30, 2017 5:51am Jul 30, 2017 5:51am
Quoting Kabata
no trades yet, it will all start on Monday , i wanted to do this on a fresh account so anyone can see the possibilities. if you know what you are doing , and you follow a strict plan with strict risk management the possibilities are endless , when i started i was reading threads on this forum for many hours each day , this forum gave me everything i needed. Please note that i will not be getting into details of my trading strategy but once in a while i will give a few hits. I basically trade off support , resistance and pivots . nothing fancy .
Hi Kabata, if may i ask, during your 15 years of forex journey what timeframes you started paying special attention.
  • #29
  • Jul 30, 2017 5:43pm Jul 30, 2017 5:43pm
Hi Kabata,
Its all very well showing that you can do it.....I am looking forward to seeing you do it.What I want to know is will you teach us how to do it ?

I am still learning and looking to learn from successful people/traders as I have so much to learn but do not have time to waste. I would love you to say yes,you will teach me.
??

Nihilist23uk
  • #30
  • Jul 31, 2017 3:54am Jul 31, 2017 3:54am
You have my interest. Subscribed.
I tend to agree with others who have asked if you would kindly show some of your methods. Not to spoon feed as, to be honest, FF has some great information within and taking the time to read many of the great threads will give anyone who spends the time so much valuable knowledge.

Spoon feeding teaches people how to copy, not how to trade.

But a good teacher shows the way.

Sadly there are so many threads here that are boast threads, and offer nothing else, or are Trojan horses that lead to an attempt to sell.
Some genuine guidance would be appreciated if you are happy to share what you are comfortable with.

so... best of luck with your new thread :-)
  • #31
  • Edited 7:13am Jul 31, 2017 5:02am | Edited 7:13am
6M ... it´s a "joke" (you know what I mean.) ... Careful, guys!

AssetsFx Trading Ltd. is registered and licensed as securities dealer by Ministry of Finance and Economic Management, Republic of Vanuatu, registration number 40102. https://www.vfsc.vu/

Big LOL


I prefer the Lost island of Atlantis.
The funniest, is that nobody takes me seriously.
  • #32
  • Aug 1, 2017 1:14pm Aug 1, 2017 1:14pm
START BALANCE : 1000 27TH - JULY - 2017 DONE

FIRST TARGET : 10000

SECOND TARGET : 100000

FINAL GOAL : 1 MILLION

FREE VIEW @ https://www.myfxbook.com/portfolio/kabatafx/2199148
  • #33
  • Aug 1, 2017 1:51pm Aug 1, 2017 1:51pm
OK Regardless of crazy goals with crazy br0kers......

I checked out the first day stats at fxbook. (was re-directed here >> http://www.myfxbook.com/members/Gcharts/kabatafx/2199148 )

It seems this trader.... Took multiple trades across a lot of pairs and kept the win rate above ,50

Trade durations are well spread out and all winners are bigger than the losers.

The account is up over 10% with drawdown pretty well contained. (or at least, risk was spread over multiple pairs)

So, the trading looks pretty good. And if this is the way the trading goes on a regular basis, then it may benefit those who pay attention to what is important.
  • #34
  • Aug 1, 2017 3:20pm Aug 1, 2017 3:20pm
Quoting Kabata
All i had 15 years ago was a will to be successful , there was no option for me but to succeed and with this i was determined. and thats exactly what im here to show you. that if you have the determination you can go as far as your mind can take you. BELIEVE YOU CAN . the account is open for anyone to see what im doing . i will update this thread on a weekly or monthly basis . Im not here to get anyone to follow me or invest with me . all im here is to show that its possible .
Could you please tell us how long you took to be profitable (after how many years you started to be consistently profitable)?

Thanks in advance!
  • #35
  • Aug 1, 2017 3:22pm Aug 1, 2017 3:22pm
It took me 7 years to start being profitable
  • #36
  • Aug 1, 2017 3:53pm Aug 1, 2017 3:53pm
Quoting Kabata
START BALANCE : 1000 27TH - JULY - 2017 DONE FIRST TARGET : 10000 SECOND TARGET : 100000 FINAL GOAL : 1 MILLION FREE VIEW @ https://www.myfxbook.com/portfolio/kabatafx/2199148
I also trade many pairs as you do. Sometimes I wondered if this was good, now I am happy to know you are doing the same and with very impressive results.

Some pairs have spread spike (widening up to 20 pips, after 5:00 p.m. when NY closes), so I need to close losing positions at 4:30 p.m. if it is near the SL. I talked about this in this post: https://www.forexfactory.com/showthread.php?p=10041909#post10041909

I dont trade GBPCHF and GBPNZD (but you do), because GBPNZD has spread spike up to 60 pips.

And GBPCHF may have spread widening to 20 pips several time a day (not only after 5:00. p.m.). It did it several time at 8:00 a.m. (N.Y. time) recently. So I avoid trading this pair.
  • #37
  • Aug 1, 2017 3:59pm Aug 1, 2017 3:59pm
Quoting Kabata
It took me 7 years to start being profitable
hi kabata

very good results

i wish you catch the target
  • #38
  • Aug 2, 2017 12:31am Aug 2, 2017 12:31am
Thank you . We will no doubt
  • #39
  • Aug 2, 2017 3:11am Aug 2, 2017 3:11am
Hi Kabata

There seems little to debate, Live account, Trade Explorer, MyFXBook, the results will speak for themselves no doubt.

I note you refer to "WE" & "ALGO" in your system description notes and based on what you say and the amount of pairs your trading I assume this is an EA you have developed ? and the myfxbook link tends to steer towards it being MT4 based.

Best of luck with your journal, interested to see how it develops
  • #40
  • Aug 2, 2017 6:25am Aug 2, 2017 6:25am
impressive results I have to say......keep it up
atheer1
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