$10 to $80,000 in 13 trades | Forex Factory

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Attachments: $10 to $80,000 in 13 trades
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$10 to $80,000 in 13 trades

  • #1
  • First Post: Apr 18, 2018 1:19am Apr 18, 2018 1:19am
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity.
is it possible?
any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control of your entries based on high probable price action setups.
  • #2
  • Apr 18, 2018 2:45am Apr 18, 2018 2:45am
Quoting vishaal84
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...
Hi , it can be done. (i did 10) x3
It is a lot harder now due to margin rates being excessively high.

some advice, you need to be specific with the trades and for a better option , compound 5 and take a bit of profit then do another 5.
You will perfect your best options....
If i compound now i normally only trade 3 trades..... it is all about odds and probabilities.

Trade well and keep your head.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3
  • Apr 18, 2018 2:46am Apr 18, 2018 2:46am
try binary .my thoughts
  • #4
  • Apr 18, 2018 2:55am Apr 18, 2018 2:55am
Quoting vishaal84
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...
I'd suggest you take up the challenge and let all know of the result.

P.S - there are better ways to spend time if you have nothing else to do instead of starting crappy threads.
Fall seven times, stand up Eight! #GGMU
  • #5
  • Apr 18, 2018 3:06am Apr 18, 2018 3:06am
You have odd:
1:4096 for a 50% success rate (including cost)
1:460 for 60%
1:72 for 70%

By the way if you have 60% SR, you need approx. 1100 trades to achieve your goal. That's min 5 months (1 trade by hour in open market) loosing and waiting your turn. Hard.
  • #6
  • Apr 18, 2018 3:09am Apr 18, 2018 3:09am
Quoting vishaal84
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...
Hi Vishaal , I suggest you take a look at this : https://www.forexfactory.com/showthread.php?t=444377
Good luck for your adventure !
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  • #7
  • Apr 18, 2018 3:28am Apr 18, 2018 3:28am
Quoting vickym
{quote} I'd suggest you take up the challenge and let all know of the result. P.S - there are better ways to spend time if you have nothing else to do instead of starting crappy threads.
my apologies for the crappy thread. yes I am attempting it therefore explains the reason for the blog and ideas on the best way possible.
  • #8
  • Apr 18, 2018 3:30am Apr 18, 2018 3:30am
Quoting redoktober
{quote} Hi Vishaal , I suggest you take a look at this : https://www.forexfactory.com/showthread.php?t=444377 Good luck for your adventure ! {image}
thank you
  • #9
  • Apr 18, 2018 3:39am Apr 18, 2018 3:39am
Quoting faryne
You have odd: 1:4096 for a 50% success rate (including cost) 1:460 for 60% 1:72 for 70% By the way if you have 60% SR, you need approx. 1100 trades to achieve your goal. That's min 5 months (1 trade by hour in open market) loosing and waiting your turn. Hard.
is that the probability of having 13 consecutive win trades?
  • #10
  • Apr 18, 2018 3:39am Apr 18, 2018 3:39am
Quoting vishaal84
{quote} my apologies for the crappy thread. yes I am attempting it therefore explains the reason for the blog and ideas on the best way possible.
first, you need a good method and consistency...
collate, Frequency Distribution Stats etc.

Know your method and chill.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11
  • Apr 18, 2018 3:42am Apr 18, 2018 3:42am
Quoting vishaal84
{quote} my apologies for the crappy thread. yes I am attempting it therefore explains the reason for the blog and ideas on the best way possible.
Cheers- I wish you luck!
Fall seven times, stand up Eight! #GGMU
  • #12
  • Apr 18, 2018 3:59am Apr 18, 2018 3:59am
i am highly interested in this, i've tried it a couple of time but always end up getting cold feet especially when i am just going past 1,000$...mine is usually 100$ beginning balance....with you on this man
  • #13
  • Apr 18, 2018 4:17am Apr 18, 2018 4:17am
Quoting vishaal84
{quote} is that the probability of having 13 consecutive win trades?
Yes. (Actually 12 because I did'nt count the first).
From 0 it is 50%=> 1:8192 ; 60%=> 1:460 ; 70%=> 1:103
  • #14
  • Apr 18, 2018 4:43am Apr 18, 2018 4:43am
Quoting amocfx
i am highly interested in this, i've tried it a couple of time but always end up getting cold feet especially when i am just going past 1,000$...mine is usually 100$ beginning balance....with you on this man
we just got to find the best way to achieve it. It is certainly possible, well ask any1 dat had been wiped out by a matingale system.
  • #15
  • Apr 18, 2018 5:48am Apr 18, 2018 5:48am
Quoting vishaal84
{quote} we just got to find the best way to achieve it. It is certainly possible, well ask any1 dat had been wiped out by a matingale system.
To be able to carry this out, we can look to reduce to risk by half.......so you risk 50% to get 100% reward on each trade......it greatly increases the chances of avoiding a margin call, the plan is to always have your funds protected enough to keep fighing rather than blow it with one mistake as taking 13 consecutive trades all winners is hard.
you could look to take trades with 50 pips SL and 100 pip TP
  • #16
  • Apr 18, 2018 5:51am Apr 18, 2018 5:51am
Subs. Thanks and
Regards
  • #17
  • Apr 18, 2018 5:58am Apr 18, 2018 5:58am
Quoting billytt
{quote} Hi , it can be done. (i did 10) x3 It is a lot harder now due to margin rates being excessively high. some advice, you need to be specific with the trades and for a better option , compound 5 and take a bit of profit then do another 5. You will perfect your best options.... If i compound now i normally only trade 3 trades..... it is all about odds and probabilities. Trade well and keep your head.
By compounding you mean averaging ?
  • #18
  • Apr 18, 2018 6:02am Apr 18, 2018 6:02am
Quoting vishaal84
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...
You might have seen 16 straight wins but that stat means nothing if you aren't investigating further. A trader might have 16 straight wins but how many times was the trade's money management not respected. This boils down to in depth analysis of each trade. You would also have to have an idea of how thesystem works to make sure that those wins are following the system

Quoting amocfx
{quote} To be able to carry this out, we can look to reduce to risk by half.......so you risk 50% to get 100% reward on each trade......it greatly increases the chances of avoiding a margin call, the plan is to always have your funds protected enough to keep fighing rather than blow it with one mistake as taking 13 consecutive trades all winners is hard. you could look to take trades with 50 pips SL and 100 pip TP
You're expected R:R means little once you are in. You could have a great R:R but a super low probability that tp hits. That is why one needs to look at trades and look deep into each one as it shall reveal many things about the trader!

Quoting vishaal84
{quote} is that the probability of having 13 consecutive win trades?
No one could calculate that probability without knowing exactly how the systsysteesystsysteem works.
Hail me for arth thou DaQueen
  • #19
  • Apr 18, 2018 6:07am Apr 18, 2018 6:07am
Quoting redoktober
{quote} Hi Vishaal , I suggest you take a look at this : https://www.forexfactory.com/showthread.php?t=444377 Good luck for your adventure ! {image}
The quewn needs proof of those wins. A simple annotation of a dead chart doesn't even infer that one took those trades.
Hail me for arth thou DaQueen
  • #20
  • Apr 18, 2018 6:39am Apr 18, 2018 6:39am
Quoting DaQueen
{quote} The quewn needs proof of those wins. A simple annotation of a dead chart doesn't even infer that one took those trades.
no1 has claimed to have achieved it, it' just a matter of sharing ideas. maybe it isn' possible. maybe it is. We are just trying here
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