Trading forex from $25 to $5000. Is it possible? | Forex Factory

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Trading forex from $25 to $5000. Is it possible?

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  • Do you believe this is possible?
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  • #1
  • First Post: Edited May 2, 2018 3:11pm May 1, 2018 11:33pm | Edited May 2, 2018 3:11pm
Hello,
First, I apologize for my english, it is not my native language.
I started trading forex in 2012. The first time for me was a lot of failure. And I started learning more. So far I have successfully an account of over $ 10,000. However, its starting at $ 1000. I want to do something bigger. And choose this challenge for yourself. This is something that I could not do before. Let's see how it goes.


This is my challenge with strategy that I call Fast In Fast Out. I will send results every day at this topic. If this is successful I will share my strategy.

My rules
TP : 5 - 50 pips
SL : Max 50 pips

Simple strategy use EMA 89 and 200 combined with Price Action.
  • #2
  • May 1, 2018 11:38pm May 1, 2018 11:38pm
Update 01/05/2018
This is a lucky day.
Attached Image (click to enlarge)
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  • #3
  • May 2, 2018 12:22am May 2, 2018 12:22am
Quoting Lvpsr
Hello, First, I apologize for my english, it is not my native language. This is my challenge with strategy that I call Fast In Fast Out. I will send results every day at this topic. If this is successful I will share my strategy. My rules TP : 5 - 50 pips SL : Max 50 pips Simple strategy use EMA 89 and 200 combined with Price Action.
Well Nice stats...lets see how far you will go with your mission.

As you have asked the question about going from $25 to 5000$ by trading forex.

In my opinion Ofcourse its possible but its highly unlikely.

what is highly likely is most would go from $25 to 0
i am speaking what could happen realistically.
Ofcourse a highly skilled trader can accomplish this sort of phenomenon.

good luck with your journey

[P.S I have done this.but in my story there is a slight difference i started with 100$ instead of 25.]
No one ever Discovered anything new by colouring inside the lines.
  • #4
  • May 2, 2018 1:05am May 2, 2018 1:05am
Quoting Lvpsr
Hello, First, I apologize for my english, it is not my native language. This is my challenge with strategy that I call Fast In Fast Out. I will send results every day at this topic. If this is successful I will share my strategy. My rules TP : 5 - 50 pips SL : Max 50 pips Simple strategy use EMA 89 and 200 combined with Price Action.
Hi,
Good luck with the strategy. If you know your expectancy you can work your way up as long as you don't risk too much equity of that 50 pip SL. How are you going to scale your lot sizes? or will you stay a fixed lot size all the way to 5,000?

Best Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #5
  • May 2, 2018 1:59am May 2, 2018 1:59am
Quoting tzamo
{quote} Hi, Good luck with the strategy. If you know your expectancy you can work your way up as long as you don't risk too much equity of that 50 pip SL. How are you going to scale your lot sizes? or will you stay a fixed lot size all the way to 5,000? Best Regards, Tzamo
Hi,

I using 10% risk / 50 pips SL. At this time start with 20% risk / 50 pips SL. It is quite scary but high risk brings quick profit.
  • #6
  • May 2, 2018 2:02am May 2, 2018 2:02am
Quoting Hdhorda4
{quote} Well Nice stats...lets see how far you will go with your mission. As you have asked the question about going from $25 to 5000$ by trading forex. In my opinion Ofcourse its possible but its highly unlikely. what is highly likely is most would go from $25 to 0 i am speaking what could happen realistically. Ofcourse a highly skilled trader can accomplish this sort of phenomenon. good luck with your journey [P.S I have done this.but in my story there is a slight difference i started with 100$ instead of 25.]
Can you share experiences of your challenges? For example, using lot size ?

Thank you,
  • #7
  • May 2, 2018 2:23am May 2, 2018 2:23am
Quoting Lvpsr
{quote} Can you share experiences of your challenges? For example, using lot size ? Thank you,
Yes Here is what i learned and followed when i did this miracle.

● When you start with such a small account your first goal must be to learn how to survive in this topsy-turvy forex markets.There will be many ups and downs.[in your case 25$ ]

● Before even starting to trade in real money account one must have a solid trading plan and research the markets and the strategy extensively until you find your edge.While Backtesting the trading strategy one must avoid curve fitting.

● Do not risk more than 1% of your account in one trade [unless you become an expert and even in that case no more than 2.5%]


P.s [Never stop learning something new everyday.There is so much out there to know about the markets that is still undiscovered.]
No one ever Discovered anything new by colouring inside the lines.
  • #8
  • May 2, 2018 2:46am May 2, 2018 2:46am
Quoting Hdhorda4
{quote} Yes Here is what i learned and followed when i did this miracle. ● When you start with such a small account your first goal must be to learn how to survive in this topsy-turvy forex markets.There will be many ups and downs.[in your case 25$ ] ● Before even starting to trade in real money account one must have a solid trading plan and research the markets and the strategy extensively until you find your edge.While Backtesting the trading strategy one must avoid curve fitting. ● Do not risk more than 1% of your account...
Thank you for sharing. Risk of 1 - 2.5% during this time for me is impossible. My plan will be reduced to 10% when it reaches $ 100 and 5% from $ 500 to $ 2000. Risk below 2% will use for balance more than $2000.
  • #9
  • May 2, 2018 3:32am May 2, 2018 3:32am
why not use another 2-3 days ( or better weeks or months) salary to boost your chances?
bellow a certain equity the survival rate is just brutally low.

and what is the value of time?
would 1% a day gain ( ie 25 cents!!) compensate for the hours well enough?
would it least come to near equal to the cost of lost opportunity to doing some work/job with certain payout?

i know this is not the popular way of thinking here, but if someone serious it worth to consider few of these issues.
i trade full time, and but i dont dream going for 2000% (even in a decade). of course nor fear a complete wipe out as much. admittedly, a different playground.
there is always, always another trade!!
  • #10
  • May 2, 2018 3:33am May 2, 2018 3:33am
Subs. Thanks and
Regards
  • #11
  • May 2, 2018 4:00am May 2, 2018 4:00am
Quoting profitfarmer
why not use another 2-3 days ( or better weeks or months) salary to boost your chances? bellow a certain equity the survival rate is just brutally low. and what is the value of time? would 1% a day gain ( ie 25 cents!!) compensate for the hours well enough? would it least come to near equal to the cost of lost opportunity to doing some work/job with certain payout? i know this is not the popular way of thinking here, but if someone serious it worth to consider few of these issues. i trade full time, and but i dont dream going for 2000% (even in...
I have a account with balance 10k and trading same time with 1% risk. Take a moment to experiment how long I can survive with only $ 25. If this is possible, it will help me manage for risk of big account better.
  • #12
  • May 2, 2018 4:28am May 2, 2018 4:28am
Yess it is possible

first pit stop would be 100$ and lot sizing will be different ... I estimated it would need about two until one month
The first pit stop is really a struggling moment

second pit stop would be 500$
3rd pit stop would be 1000$

1000$ to 5000$ should be "easier"
WANDAFIT
  • #13
  • May 2, 2018 4:28am May 2, 2018 4:28am
Good luck with your account! Also started my account with a $30 deposit bonus from XM. Cheers!
Consistency.
  • #14
  • May 2, 2018 4:41am May 2, 2018 4:41am
great challenge! any thing is possible when we believe we can.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #15
  • May 2, 2018 4:44am May 2, 2018 4:44am
Quoting Lvpsr
{quote} I have a account with balance 10k and trading same time with 1% risk. Take a moment to experiment how long I can survive with only $ 25. If this is possible, it will help me manage for risk of big account better.
not sure how this is the case on risk, and how taking 10%+ risk on 25$ can help with the 10k account, but good luck anyway.
there is always, always another trade!!
  • #16
  • May 2, 2018 5:03am May 2, 2018 5:03am
Possible? Sure, if left with a keyboard, and enough time, a monkey can eventually type the complete words of Shakespeare. Probable? Highly unlikely. But wtf, knock yourself out.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #17
  • May 2, 2018 5:10am May 2, 2018 5:10am
no, never
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #18
  • May 2, 2018 5:48am May 2, 2018 5:48am
Certainly but very difficult...
Risk 5 doller per trade as far its going to double..
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -299
  • #19
  • May 2, 2018 5:49am May 2, 2018 5:49am
Base on my experience...i got $5 no deposit bonus and trade until reach $20...can not go any further..
  • #20
  • May 2, 2018 5:53am May 2, 2018 5:53am
Certainly possible and not difficult at all if you have the right system, but maybe depending on the start, you could need more than one attempt !

Good luck

Simplicity is the Ultimate Sophistication.
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