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0 to 10000%: Big RR

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  • Post #141
  • Quote
  • Dec 31, 2017 4:59am Dec 31, 2017 4:59am
  •  altzspec
  • | Joined Jan 2013 | Status: Member | 257 Posts
I will never open 250 lots for this account size. Too huge for me. Good luck!
 
 
  • Post #142
  • Quote
  • Dec 31, 2017 8:10am Dec 31, 2017 8:10am
  •  Supertrader9
  • Joined Jul 2012 | Status: Member | 595 Posts
Quoting altzspec
Disliked
I will never open 250 lots for this account size. Too huge for me. Good luck!
Ignored
Yes, I agree with you. The goal of the account is to reached 10,000% in the shortest amount of time. It is high risk. I am going to lower it down later on. I have been convinced that I have a high winning rate through my tests hence why I risk more per trade. Thanks.
 
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  • Post #143
  • Quote
  • Jan 4, 2018 10:54am Jan 4, 2018 10:54am
  •  aa4fx
  • Joined Sep 2017 | Status: Member | 1,325 Posts
AUD Trade Balance news is in a few hours, and it looks to me that in the price study analysis the profitability of the current audusd trades was planned to happen at this event. I am only looking to see if the account will survive a shy spike ... and of course, what would be the negative balance value made by a brave spike.

Few hours away...
 
 
  • Post #144
  • Quote
  • Jan 4, 2018 10:59am Jan 4, 2018 10:59am
  •  hilmy83
  • Joined Jun 2006 | Status: Do NOT tilt | 5,708 Posts
Quoting Supertrader9
Disliked
{quote} Yes, I agree with you. The goal of the account is to reached 10,000% in the shortest amount of time. It is high risk. I am going to lower it down later on. I have been convinced that I have a high winning rate through my tests hence why I risk more per trade. Thanks.
Ignored
that doesn't make sense to me. if you're convinced you have a good strategy now, why do you need to "lower" position later. the probability of success/blowout is the same now compared to later right? balance should not make a difference from trading standpoint

if you go balls out now, go balls out later. don't flip flop thinking that your risk of ruin is somehow better "now" compared to later..just go all out and pray for the best
Working towards CME membership
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  • Post #145
  • Quote
  • Jan 4, 2018 11:11am Jan 4, 2018 11:11am
  •  aa4fx
  • Joined Sep 2017 | Status: Member | 1,325 Posts
Quoting hilmy83
Disliked
just go all out and pray for the best
Ignored
noooo, he is missing only a few hours ...

Quoting Supertrader9
Disliked
What I do can only be done by someone with years of experience. I see the price and I try to make sense of it. What I can say is to focus on price and see if you can make a model out of it. Focus on the majors.
Ignored
Supertrader9, no matter what will happen with this trades, could you please give a few hints about what was in the price study analysis?
Does include time, and is it the one that mess-up things now? ... what else?

I'm just curious.
 
 
  • Post #146
  • Quote
  • Jan 4, 2018 11:32am Jan 4, 2018 11:32am
  •  dukas_trader
  • | Membership Revoked | Joined Mar 2010 | 2,525 Posts
Quoting Supertrader9
Disliked
{quote} Yes, I agree with you. The goal of the account is to reached 10,000% in the shortest amount of time. It is high risk. I am going to lower it down later on. I have been convinced that I have a high winning rate through my tests hence why I risk more per trade. Thanks.
Ignored
because of your style of showing, it is to easy for you to fake you wins and rest you hope for luck.

you simple showed the account after having already many many percents wins (with luck or with many accounts opened and showing best). but because you are new to trading you dont know the basic rule: after you show it, from this time the results count, all before is to easy to fake and to easy to see that you did it very easy. (fake is not that results are not there, fake is that you simple show it when they are there., in whatever account or time it happened..).

after you showed the account the performmace is not really good, even extrem bad with big drawdown. you had 50% chance to have luck to reach the rest percents.

i dont think you will cheat maybe, you simple are extrem new and dont know trading and basics really, and thatswhy this happens and thatswhy you show it in this way. at least i hope you do it because of this and not because you can only do so. but maybe you can start to build experience with time and get good normal results some day.
2
 
  • Post #147
  • Quote
  • Jan 4, 2018 12:00pm Jan 4, 2018 12:00pm
  •  aa4fx
  • Joined Sep 2017 | Status: Member | 1,325 Posts
Quoting dukas_trader
Disliked
{quote} because of your style of showing, it is to easy for you to fake you wins and rest you hope for luck. you simple showed the account after having already many many percents wins (with luck or with many accounts opened and showing best). but because you are new to trading you dont know the basic rule: after you show it, from this time the results count, all before is to easy to fake and to easy to see that you did it very easy. (fake is not that results are not there, fake is that you simple show it when they are there., in whatever account...
Ignored
dukas_trader, what is needed equity for you to do such an easy thing? and could you please do it too?
I hope you will not come with a multiple account schema, billions in equity, ... as a hint, look at the very first trades on usdjpy to notice how the loosing account should have been for such a case.

Or maybe Supertrader9 is doing it for the adrenaline, what else could one do when the money has no value ... like those that rob a store just to be chased by the seller, or other form of marathon training.
 
 
  • Post #148
  • Quote
  • Jan 4, 2018 12:16pm Jan 4, 2018 12:16pm
  •  joelduque
  • | Joined Aug 2017 | Status: Member | 4 Posts
Just a tip from me. Some details of the account are now hidden. Avoid being emotional. The market does not care about any of us in particular. Protect your capital at all cost. Set a tighter stop loss as news on AUD trade balance is coming. We do not know how it would affect your open AUDUSD trades. Increase your trade expectancy. Live to trade another day. Check the 200 SMA and 50 SMA to determine long term trend. Trend generally does not reverse without a change in fundamentals of the currency pair. Big position sizes can get you there fastest, but you should be going with the direction of the trend. In the end, it's your choice to do what you want to do since it's your live account. Good luck!
 
 
  • Post #149
  • Quote
  • Edited 1:35pm Jan 4, 2018 1:04pm | Edited 1:35pm
  •  aa4fx
  • Joined Sep 2017 | Status: Member | 1,325 Posts
I just took the audusd short too now @ 0.7860 and I will add one more @ 0.7899 here being my current rough view
Where to be after the news? @ 0.7726

You won't resist to my view unless you're doing something really smart!

Edit: looking more I could easily see 0.8 too ... I better stop looking! Should I be wrong, I will make enough profit from the first trade.
 
 
  • Post #150
  • Quote
  • Jan 4, 2018 1:46pm Jan 4, 2018 1:46pm
  •  Artcool
  • Joined Jun 2016 | Status: VIP | 499 Posts
Technically, AUD is set up to reverse sharply. It is just waiting for the trade balance data.
If these data are bad, the reverse will be sharp and Super9 can achieve his objective if he sticks with his trades with no hesitation, and if there is no spike. But this is completely realistic. Just needs a bit of chance. And chance depends on your own faith, mainly faith on yourself.
If not, he will lose his deposit. So let's say he has 50% chance losing 5k and 50% chance banking 200k, which is a great deal. I assume he knows what he is doing.
Don't give up on your dreams. Keep sleeping.
 
 
  • Post #151
  • Quote
  • Jan 4, 2018 2:35pm Jan 4, 2018 2:35pm
  •  OHLC
  • | Joined Oct 2017 | Status: Member | 498 Posts
With 250 lots in, and 40K left in equity, this could blow up any minute...
Attached Image (click to enlarge)
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Here's Tom with the weather.
1
 
  • Post #152
  • Quote
  • Jan 4, 2018 2:55pm Jan 4, 2018 2:55pm
  •  hilmy83
  • Joined Jun 2006 | Status: Do NOT tilt | 5,708 Posts
if you get up to +100k, withdraw at least 50% of it

then at least you can say you had a piece of it.
Working towards CME membership
1
1
  • Post #153
  • Quote
  • Edited 3:39pm Jan 4, 2018 3:17pm | Edited 3:39pm
  •  dukas_trader
  • | Membership Revoked | Joined Mar 2010 | 2,525 Posts
Quoting aa4fx
Disliked
{quote} dukas_trader, what is needed equity for you to do such an easy thing? and could you please do it too? I hope you will not come with a multiple account schema, billions in equity, ... as a hint, look at the very first trades on usdjpy to notice how the loosing account should have been for such a case. Or maybe Supertrader9 is doing it for the adrenaline, what else could one do when the money has no value ... like those that rob a store just to be chased by the seller, or other form of marathon training.
Ignored
bad question, try to answer for your own.

its needed exactly this cheating style presentation. you dont need a equity for this, why. you calculate in percent, so any equity is same.

you need demo account or cent accounts or a fake broker, where you can put in what you want and have demoaccount shown as live account,.... many possibilities.
you need showing account after you have already many 1000%
you need luck for last trade you show, you have 50/50 for this, then many beginners will believe you , you are a super trader and same time have 100% faked and luck trades.

the really question is: why its so difficult for you to has this wins in demo account/very low cent account, when you simple can open many demo accounts/very ,ow cent accounts or use fake brokers?
do you really thing super trader will do for adrenaline? a demo account, there is adrenaline of 0 %, if you have it with this demo account, then you simple like to fake.

the basic rule is, dont trust any history results. only from the time someone presented the account it counts, all before is worthless because to easy fakeable. after presenting account you can only fake with fake brokers.
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  • Post #154
  • Quote
  • Jan 4, 2018 3:38pm Jan 4, 2018 3:38pm
  •  aa4fx
  • Joined Sep 2017 | Status: Member | 1,325 Posts
I am not a keywords reader but my filters spotted too many 'demo' ... in the end it's a demo? TE say it is live ... whatever.

Quoting aa4fx
Disliked
You won't resist to my view unless you're doing something really smart!
Ignored
Here is where I want to go.
Things are not going well, gambling time.
Why not hedge all now?
The bad thing: it goes in the initial wished direction ... but is not that bad overall!
The good thing: it goes in current loosing direction ... news ... close hedge, ... maybe x,y,z.
What is so good then?
There will be still 250 lots open as if closing all now only a fraction could be opened from the remaining equity later.

Supertrader9, don't forget to open a 0.01 lot trade on any pair you wish and close it with a min 10 pip loss ... if you adopt this method!
1
 
  • Post #155
  • Quote
  • Jan 5, 2018 3:55pm Jan 5, 2018 3:55pm
  •  dukas_trader
  • | Membership Revoked | Joined Mar 2010 | 2,525 Posts
Quoting aa4fx
Disliked
I am not a keywords reader but my filters spotted too many 'demo' ... in the end it's a demo? TE say it is live ... whatever.
Ignored
this supertrader accounts looks really strange.
with 5000 equity left he has still 200 lots open with 3000% leverage? and this is a live account? looks really wrong or fake white label broker. in normal accounts you would have margin call allready.

with all supertrader did, it was easy to see he simple faked wins until his account was shown public, but when account is also fakeable, then you can forget all always, nothing is worth a second to think about.

at least supertrader know how unexperienced he still is and that he has to learn trading basics from the ground to have a chance to survive in trading, he looks at a extrem low beginner level at the moment.
1
 
  • Post #156
  • Quote
  • Jan 5, 2018 4:31pm Jan 5, 2018 4:31pm
  •  Supertrader9
  • Joined Jul 2012 | Status: Member | 595 Posts
AUDUSD seems to have topped. USDCAD is a great buy but I can't since margin does not allow. Anyone interested should look into that.
 
1
  • Post #157
  • Quote
  • Jan 5, 2018 4:41pm Jan 5, 2018 4:41pm
  •  Artcool
  • Joined Jun 2016 | Status: VIP | 499 Posts
Quoting Supertrader9
Disliked
AUDUSD seems to have topped. USDCAD is a great buy but I can't since margin does not allow. Anyone interested should look into that.
Ignored
You can still recover all your profits and more with that trade. Don't know though how much your broker widens his spreads right before the week-end and at the opening of the week.
Don't give up on your dreams. Keep sleeping.
 
 
  • Post #158
  • Quote
  • Jan 5, 2018 4:48pm Jan 5, 2018 4:48pm
  •  Supertrader9
  • Joined Jul 2012 | Status: Member | 595 Posts
Quoting hilmy83
Disliked
{quote} that doesn't make sense to me. if you're convinced you have a good strategy now, why do you need to "lower" position later. the probability of success/blowout is the same now compared to later right? balance should not make a difference from trading standpoint if you go balls out now, go balls out later. don't flip flop thinking that your risk of ruin is somehow better "now" compared to later..just go all out and pray for the best
Ignored

My current risk per trade is very high. Even though I have very high hit rate I still should be wary of unexpected events. Trading 100% of your account per SL is not a very wise idea. Again, current account is just to show that I could reach 10,000% in the shortest amount of time.

Artcool: Yes, I probably would cut the AUDUSD trade once price retraced. USDCAD might be a better trade.
 
1
  • Post #159
  • Quote
  • Jan 5, 2018 5:03pm Jan 5, 2018 5:03pm
  •  dukas_trader
  • | Membership Revoked | Joined Mar 2010 | 2,525 Posts
Quoting Supertrader9
Disliked
{quote} My current risk per trade is very high. Even though I have very high hit rate I still should be wary of unexpected events. Trading 100% of your account per SL is not a very wise idea. Again, current account is just to show that I could reach 10,000% in the shortest amount of time. Artcool: Yes, I probably would cut the AUDUSD trade once price retraced. USDCAD might be a better trade.
Ignored
you are joking?
ok, you are very unexperienced and so often looks like you dont know what you speak about, but when your accounts is completly killed by not even 100 pip move, this is not unexpected events, this is simple stupid trading you sell here as different.

al least be more realistic and honest, some times you even called yourself as experienced trader, and by all respect, you know for yourself that you are many decades far from this point.

by the way: why your broker allows having open 200 lots with only 5000 equity in your account, its the strangest broker i have ever seen? i have never seen this before, never. and you dream about new trades, thats a joke. and why you say your hitrate is so high, you have a very bad hitrate after you showed the account, before all have extrem high hitrates, thats why this trades before dont count. after showing you only present extrem bad hitrate but still present it as good. you really have to learn to see reality, dreaming can really be a big risk for a trader.
1
 
  • Post #160
  • Quote
  • Jan 5, 2018 5:12pm Jan 5, 2018 5:12pm
  •  Supertrader9
  • Joined Jul 2012 | Status: Member | 595 Posts
Quoting dukas_trader
Disliked
{quote} you are joking? ok, you are very unexperienced and so often looks like you dont know what you speak about, but when your accounts is completly killed by not even 100 pip move, this is not unexpected events, this is simple stupid trading you sell here as different. al least be more realistic and honest, some times you even called yourself as experienced trader, and by all respect, you know for yourself that you are many decades far from this point. by the way: why you broker allows having open 200 lots with only 5000 equity in your account,...
Ignored

Its equity that you use to open trades. Say your balance is 100k and your equity is 500k, you can open more positions. If then your equity dropped, your positions are still valid until you get to stop out level. Usually brokers will have 30% margin stop out level or 10% or 50%.
 
 
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