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Yet another 100 to 1000 (done) to 10000 (WIP) journal! (Scalping) 16 replies

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0 to 10000%: Big RR

  • #101
  • Dec 23, 2017 4:17am Dec 23, 2017 4:17am
Quoting skyway
{quote} Noob question. How do I get paid for those 20 likes, 100 subscriptions and red diamond ?
Not sure what you mean. garbage talk about trading psychology , discipline, motivational stuff works too.
  • #102
  • Edited 6:21am Dec 23, 2017 5:58am | Edited 6:21am
Look what Copernicus is doing, the only profitable trader I know.

look at his performance carefully, because THAT is what you get with strict rm.

I tested a number of profitable systems, I talked about a realistic average return of 70-80% year (or 5% month), but this kind of return is very high, which means it's not really low risk. also backtesting has some limitations...

needless to say that without a large capital you're practically hopeless. unless you treat this more like gambling and have fun.
  • #103
  • Dec 23, 2017 6:44am Dec 23, 2017 6:44am
Quoting skyway
{quote} Noob question. How do I get paid for those 20 likes, 100 subscriptions and red diamond ?
I think they get a lot of cash from FF and some free sex. I am jealous. Well, I tried to attract some guys to subscribe to my stupid posts, promising them 100% per day (see my signature), but I just attracted 8 poor lost guys.
So, yeah, would be interested to know, at least for the free sex.
Don't give up on your dreams. Keep sleeping.
  • #104
  • Dec 23, 2017 8:34am Dec 23, 2017 8:34am
Good result congrats
  • #105
  • Edited 8:50am Dec 23, 2017 8:38am | Edited 8:50am
Quoting Trader-Waldo
{quote} Really. you assumed that I know what you know.wrong. It is easier said than done. so just do it and show instead to argue and accuse. you don't need to do anything for me .I am not obsessed if it is true or not what supertrader9 said. I am just impressed by his result. show your trading result if you are proud of it. I think just jealous people bad mouth...
whats difficult in this, you only need some time to do.

thatswhy i asked you about you understand the methode. its really very easy and will work, because you ask i have to show you it looks like you did not understand the idea, or it would be very easy logic to see how it works.
some things you really dont have to do when its so easy to see how it works. try it for your own, and invest time in this, and you see how easy it is.

you are impressed by a result of a faker, who dont tell the people its fake result. sorry, but i am impressed from people like you, who dont know the basics and are impressed by such people, again and again this people impress me how easy they can get misleaded and even when you show them the math behind the fake they cant check it and are unable to do it for their own to recheck it when they dont believe it.

and really , learn the basics. people dont show results when they are proud of it, proud you can only be on yourself and not by showing other who you are, then you have low ego and need other people to increase your ego, thats a bad case you can have (how many rich people do you know who show their accounts??? some maybe show their livestyle, but their accounts, really? ). people have privacy when dont show and are happy for there own. most show it for impressing others, scam others, dont know really why they show,......
  • #106
  • Dec 23, 2017 8:52am Dec 23, 2017 8:52am
Quoting HeyYou
{quote} why so complicated ? there's absolutely no need to open cent accounts and waste $10, nor to hide your balance. you only need to post some screens like this from time to time. {image} This should be enough to get 20 likes, 100 subscriptions and some donations too.
yes, much more easy. but other way is also very easy, you only need some time each day for setup some news accounts each day and fakes a better way, because you can send login date and prove your fake "wins".
  • #107
  • Dec 23, 2017 8:56am Dec 23, 2017 8:56am
Quoting Supertrader9
{quote} I have passion for the market. I read.
but why you dont trade, why you only present some fake results by opening many accounts?
is reading and then faking not useless, why not read and learn how to trade and do this? looks like you read wrong books ;-)
passion for markets is not same like passion for faking results and showing 1 win account by having many other in loss hided :-).
  • #108
  • Dec 23, 2017 6:00pm Dec 23, 2017 6:00pm
Quoting HeyYou
Look what Copernicus is doing, the only profitable trader I know. look at his performance carefully, because THAT is what you get with strict rm. I tested a number of profitable systems, I talked about a realistic average return of 70-80% year (or 5% month), but this kind of return is very high, which means it's not really low risk. also backtesting has some limitations... needless to say that without a large capital you're practically hopeless. unless you treat this more like gambling and have fun.
I second that... look at lots traded... I mean one trader can make 100$ by trading 1std lot(10$ per pip) and another trader can make 100$ by trading 0.1std lot(1$ per pip)... So, who amongst them will last longer?
Common mistake by majority of today's traders-they can't choose the right size for the trade, they think about how much they want to profit instead of how much they can AFFORD TO LOSE.
Quoting dukas_trader
{quote} but why you dont trade, why you only present some fake results by opening many accounts? is reading and then faking not useless, why not read and learn how to trade and do this? looks like you read wrong books ;-) passion for markets is not same like passion for faking results and showing 1 win account by having many other in loss hided :-).
Because he need to invest many time and effort in to read and learn and trade...but there is shortcut which many people use here and it's simple- just pretend that you are a super 100%ROI in a second trader and try to scam as many people as you can before you get busted.
  • #109
  • Dec 23, 2017 6:16pm Dec 23, 2017 6:16pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting G.Kad
{quote} ... one trader can make 100$ by trading 1std lot(10$ per pip) and another trader can make 100$ by trading 0.1std lot(1$ per pip)... So, who amongst them will last longer?
You can't answer this question just based on what you wrote. You are missing an important element : the account size.

In your example, the 0.1std lot trader may be more exposed than the 1std lot trader.

Let's rewrite your example;

1/ Trader 1 is trading 1std lot (10$/pip) with a 100,000$ balance

2/ Trader 2 is trading 0.1std lot (1$/pip) with a 1,000$ balance

So, who amongst them will last longer? The answer is different than what you were pointing out ... Right ?
MT4/MT5 EAs/Indicators/Alerts coder
  • #110
  • Dec 23, 2017 7:13pm Dec 23, 2017 7:13pm
Quoting FerruFx
{quote} You can't answer this question just based on what you wrote. You are missing an important element : the account size. In your example, the 0.1std lot trader may be more exposed than the 1std lot trader. Let's rewrite your example; 1/ Trader 1 is trading 1std lot (10$/pip) with a 100,000$ balance 2/ Trader 2 is trading 0.1std lot (1$/pip) with a 1,000$ balance So, who amongst them will last longer? The answer is different than what you were pointing out ... Right ?
Nope, you missed the point... Sorry, my fault... didn't describe it well... So...lets pretend that both traders have same balance and risk appetite.
Trader 1:Have 100$k balance, traded 1std lot and profit 100$.
Trader 2:Have 100$k balance, traded 0.1std lot and profit 100$right?no, with same risk appetite Trader2 will make 10x more than Trader1 because he gained 10x more pips.Which, in turn, makes Trader2 be able to gain same money as Trader1, but with 10x lower balance and lower SL values.
Quoting FerruFx
{quote}....Trader 2 is trading 0.1std lot (1$/pip) with a 1,000$ balance...
Who in the world would trade that lot size with 1$k account balance?
  • #111
  • Dec 23, 2017 7:17pm Dec 23, 2017 7:17pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting G.Kad
{quote}So...lets pretend that both traders have same balance
That was the missing point indeed. That's why I said "based on what you wrote".

Your point is now making more sense!
MT4/MT5 EAs/Indicators/Alerts coder
  • #112
  • Dec 23, 2017 10:51pm Dec 23, 2017 10:51pm
Quoting COGSx86
{quote} thank you {image}
There is one more candidate here.
Maadik Hugiis. IQ 69.
  • #113
  • Dec 24, 2017 1:37am Dec 24, 2017 1:37am
Quoting G.Kad
{quote} Nope, you missed the point... Sorry, my fault... didn't describe it well... So...lets pretend that both traders have same balance and risk appetite. Trader 1:Have 100$k balance, traded 1std lot and profit 100$. Trader 2:Have 100$k balance, traded 0.1std lot and profit 100$right?no, with same risk appetite Trader2 will make 10x more than Trader1 because he gained 10x more pips.Which, in turn, makes Trader2 be able to gain same money as Trader1, but with 10x lower balance and lower SL values. {quote} Who in the world would trade that lot size...
but when you have same risk and same balance, then you cant answer this question. its neccessary to know the equity exactly to see if both have same chance or not.
if you trade 1 lot or 0,1 lot and make 100 usd by same risk appetite, then you have also same loss risk with both trades, so only 1/10 loss risk with 1 lot against the 0,1 lot trade.
so for your example the result is: both will last same time, until the account size is not so small, that the full used leverage of the 1 lot trade can kill the account over the weekend gap, in big news with extrem spread and slippage,....
if account size is big enough both styles are exact same. so depends extrem from trading style and strategy.
  • #114
  • Edited 2:44am Dec 24, 2017 2:10am | Edited 2:44am
EDit: it's crhistmas damn it.. let's stop thinking about trading lol
  • #115
  • Dec 24, 2017 3:19am Dec 24, 2017 3:19am
Quoting G.Kad
{quote} I second that... look at lots traded... I mean one trader can make 100$ by trading 1std lot(10$ per pip) and another trader can make 100$ by trading 0.1std lot(1$ per pip)... So, who amongst them will last longer? Common mistake by majority of today's traders-they can't choose the right size for the trade, they think about how much they want to profit instead of how much they can AFFORD TO LOSE. {quote} Because he need to invest many time and effort in to read and learn and trade...but there is shortcut which many people use here and it's...
You are spot on with this comment.

There're plenty of noobs on this forum who don't understand basic money management that's directly related to risk exposure. (This is not risk management related to trades.)

By their obvious lack of understanding, we know they have this gap in knowledge that they are not able to critically assess if a trader could be good at the game or not hence rendering their opinion worthless.

By this same basic yardstick we can also know which poster might be good at this forex game or not. All this can be found from the details of the trades they make or their perception of the various aspects of this business.

In summary, watch a trader post live trades is most accurate to know whether he's truly good in this business.
  • #116
  • Edited 1:14pm Dec 24, 2017 1:02pm | Edited 1:14pm
Quoting dukas_trader
{quote} but when you have same risk and same balance, then you cant answer this question. its neccessary to know the equity exactly to see if both have same chance or not. if you trade 1 lot or 0,1 lot and make 100 usd by same risk appetite, then you have also same loss risk with both trades, so only 1/10 loss risk with 1 lot against the 0,1 lot trade. so for your example the result is: both will last same time, until the account size is not so small, that the full used leverage of the 1 lot trade can kill the account over the weekend gap, in big...
Nope, Trader2 will last much longer because he knows well how much he can afford to lose if trade goes "wrong" and targets for big R:R while Trader1 is targeting for 10-20 pips profit and don't even care where to place SL(look at OP's TE)... But, maybe OP is superpro trader and don't need to care about SL because he is always right.
Also Trader2 will make 10x more profits then Trader1... So it's no wonder that he last longer . Moreover,Trader2 can have lower hit rate and still perform better than Trader1... In other words, Trader1 can be better in trading but still perform worse than Trader2.Paradox.
  • #117
  • Edited 8:33pm Dec 24, 2017 7:57pm | Edited 8:33pm
Quoting G.Kad
{quote} Nope, Trader2 will last much longer because he knows well how much he can afford to lose if trade goes "wrong" and targets for big R:R while Trader1 is targeting for 10-20 pips profit and don't even care where to place SL(look at OP's TE)... But, maybe OP is superpro trader and don't need to care about SL because he is always right. Also Trader2 will make 10x more profits then Trader1... So it's no wonder that he last longer . Moreover,Trader2 can have lower hit rate and still perform better than Trader1... In other words, Trader1 can be...
I predict an endless discussion about rr lol

C trades long term hence the relatively small lotsize. but I think he would be forced to use higher leverage to catch small market moves, regardless of the rr.


edit: k my last post... see you next year!
  • #118
  • Dec 24, 2017 9:30pm Dec 24, 2017 9:30pm
if u have nothing good to say abt someone , just sharrrap and watch, ur grand father once said , nothing can fly in the air like the plane does it now, but u the grand child is enjoying the flight now . learn to be positive.
  • #119
  • Dec 24, 2017 10:59pm Dec 24, 2017 10:59pm
I don't know about his TE but the trade itself on USD/JPY is on point and will prob be his best trade next week as Yen futures are going to break out next week as it broke key resistance on a weekly at the close...So gl man

As for Fastra, dude, why are you sending all these FF members PMs to license your EA? do you really think a new member with no track record or posts would pick up sheep here to pay you? And if your ish is so good go start a fund its fairly cheap if you do a simple LLC/LP (3k) and raise capital the correct way. Don't be a piker trying to 9.99 everyone with your EA on here.
  • #120
  • Dec 25, 2017 12:34pm Dec 25, 2017 12:34pm
Quoting Fastra
if u have nothing good to say abt someone , just sharrrap and watch, ur grand father once said , nothing can fly in the air like the plane does it now, but u the grand child is enjoying the flight now . learn to be positive.
Nonsense... Read first what you wrote before hit "send" button...can you ever type any post with some value?
What planes has to do with "if u have nothing good to say abt someone , just sharrrap and watch"? Lol Are you gonna" sharrrap and watch" at killer or terrorist doing they "things"?
Think before you say/type.


P. S. - sorry, I know it's off-topic,... But couldn't resist to reply on this BS.

HAPPY HOLIDAYS AND NEW YEAR TO ALL.
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