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I apologize for my rude entrance and exit in your thread. I just realized this is in the trading journal section so you have the right to do whatever you want.
I also understand now that you are risking only $1 per "sequence" so 100 failed repeats is only $100 bucks. What I (and probably others) could learn from this 'experiment' (regardless of the outcome) is the mental discipline it requires at the initial 1-3 steps of trading such small size. That has been my personal challenge with such compounding activity. The recklessness of "oh-it is just a freaking $1" type mentality will most likely stop me from getting to level 2. I will silently follow along your journey and delete this post. Wish you all the best.
EDIT: My apologies to ItsAllOver as well. I now realize why you reacted to my post.
{quote} Very Nice that you are trying too!! Thats the purpose of this thread... to have more people go for this and that one of us succeeds
{quote} I apologize for my rude entrance and exit in your thread. I just realized this is in the trading journal section so you have the right to do whatever you want. I also understand now that you are risking only $1 per "sequence" so 100 failed repeats is only $100 bucks. What I (and probably others) could learn from this 'experiment' (regardless of the outcome) is the mental discipline it requires at the initial 1-3 steps of trading such small size. That has been my personal challenge with such compounding activity. The recklessness of "oh-it...
From noxious to gracious, very rare in this forum especially admitting you didn't understand and another point it is clear to see Robst3r has been here for some years now so is not likely to be a total freshman. Others especially the know it all Gazillionaire Red Flags need to take note of this before they try to stick in the size 9 negativity boot.
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{quote} It takes a man with no Ego to admit when he is in the wrong :-) Red flags including the old vouching system is all bogus. It is designed to generate more page hits and ad revenue including the likes/dislikes and the rest of the crap on social media . I became red flag literally in matter of days posting crap and getting likes LOL. IF only folks would read that I often delete my posts regardless :- This type of trading requires immense skills which the OP seems to have. If anyone can do just one trade with RR of 1:6 every day with 10pip stoploss,...
It's not 500% 6 times a day. First post shows 8 days with a 500% gain each day. Plenty brokers out there who pay out without issue but agree that is the first base that needs to be covered as withdrawing monopoly money is no fun.
{quote} but surely, you are accustomed as a trader ( or not trader) to more than 1$ or 5$ or even 30$ to handle. most certainly it contradicts your second part about draining the banks...
{quote} probably you are right. one day it might be as sharp as yours, never know. in the meantime i will watch you to learn how to turn my 1$ to 5$...without "the fear of trading with big amounts . There's something restrictive about dealing with sums of money you may not be accustomed to,,,,,, your decisions are marred by the fear of losing."
{quote} OP: "I`m just back now and still believe it is achieveble... I would say it already was a succes by only gaining €400,-" big bucks? well. depend i guess. a lot more than most makes on a demo...and less than some makes in a day without needing to hit 500% any given time period. just some thoughts, that is all, will keep reading!
{quote} This dude did not get paid by his broker.... https://www.forexfactory.com/showthread.php?t=582688 I have heard many such stories. https://www.forexfactory.com/showthr...19#post8962219 EDIT:I read the first post from OP again. He is taking only ONE trade of 10pipSL and 60pip TP taking $1 risk to turn into $6 on day one resulting in 500% per day. 10 pip SL on 0.01 Lot = 10*10 cents = $1 60 pip TP on 0.01 Lot = $60 * 10 cents = $6 So it is just ONE trade setup per day resulting in 500% profit. Did I get this...
