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Double Your Account in a Day Strategy

  • #41
  • Feb 26, 2019 3:08am Feb 26, 2019 3:08am
making double money from Forex trading sounds completely scam , generally this kind of speech believe the beginners level and try to make it without learning. they trade over and over and become loser from here , at last blame this stock market as a scam.
  • #42
  • Feb 26, 2019 10:14am Feb 26, 2019 10:14am
doubling money just a word , nothing without it , its not much non practical , Forex can be a great source to earn more money but need long time with great patience.
  • #43
  • Jun 14, 2019 6:00am Jun 14, 2019 6:00am
Hi
Excellent
I think it is need good strategy to double your account
The strategy need these indicators :

BUY
1- if low price below lower of envelops.
2-if close above lower of envelops.
3-if close price above 200 sma. (This is filter)that you have fales and true.
4-if close price above lower band of bollinger band.(This is filter)that you have fales and true.
5-if force index above 0. (This is filter)that you have fales and true.

SELL
You have to reverse all above.

Can you do it ea
Thank you
  • #44
  • Jun 14, 2019 1:26pm Jun 14, 2019 1:26pm
Double your account in a day is possible only in a dream !!!
  • #45
  • Jun 16, 2019 3:26pm Jun 16, 2019 3:26pm
It is not in dream
It is really good dream
It is just needs strong strategy with auto risk management for lot size calculating , becoz pip value of each pair is difrent
  • #46
  • Jun 22, 2019 5:24am Jun 22, 2019 5:24am
Get rich quick rarely ever works.
  • #47
  • Jun 28, 2019 8:52am Jun 28, 2019 8:52am
Quoting RLFTrader
Get rich quick rarely ever works.
Basically; only greedy traders seeking quick result and as you know; they lose their everything end of the day!
  • #48
  • Aug 14, 2019 9:36am Aug 14, 2019 9:36am
greed is a common human nature and it comes from emotions generally , there is no way to control emotions but if you have regular practice with great discipline then you can control emotions
  • #49
  • Aug 26, 2019 7:41pm Aug 26, 2019 7:41pm
It is possible to double your account but it is also high risk with it because you are going twice the account and it takes your investment too.
  • #50
  • Aug 28, 2019 12:41pm Aug 28, 2019 12:41pm
It is very possible to double your account in one trade. You have to meet a few conditions:

1- Be a very patience person.
2- Have the money that you are ready to lose and use very high leverage(500 if it is possible).
3- Do not use any kind of indicators! Only support and resistance lines(zones). Always use SL, but after the second S/R!
4- Trade Jpy pairs or Gold!
5- Use the daily and weekly charts. You will need a high Risk/Reward ratio.
6-Trade only the retracement. Retracement on weekly, Rally/Drop on daily and retracement.
7-Wait for a huge news announcement on USD(most manipulated currency) from FED, a burp, or a tweet from ... you know, the muppet!
8-Wait for the market to go to the liquidity zone(stop-loss area) and turn back from it.
9-TP on weekly S/R, or daily if it's big enough.
  • #51
  • Sep 1, 2019 8:51am Sep 1, 2019 8:51am
Quoting Alex81
It is very possible to double your account in one trade. You have to meet a few conditions: 1- Be a very patience person. 2- Have the money that you are ready to lose and use very high leverage(500 if it is possible). 3- Do not use any kind of indicators! Only support and resistance lines(zones). Always use SL, but after the second S/R! 4- Trade Jpy pairs or Gold! 5- Use the daily and weekly charts. You will need a high Risk/Reward ratio. 6-Trade only the retracement. Retracement on weekly, Rally/Drop on daily and retracement. 7-Wait for a huge...
For one single trade; maybe it’s possible; but in a long run; it’s quite impossible & obviously an unrealistic target!
  • #52
  • Sep 1, 2019 10:11am Sep 1, 2019 10:11am
Yes, off course in the log long you will get burned, and burned bad! I believe even the banks get burned sometimes and they have access to a lot more data than us. You have to be very desperate to try to double your account in one trade, and desperation is the worst enemy of successful trading!
  • #53
  • Jan 8, 2021 11:24pm Jan 8, 2021 11:24pm
A trader should focus on earning money from this market. For that, he has to make a good and profitable plan. A good plan can make him rich.
  • #54
  • Jan 9, 2021 4:52am Jan 9, 2021 4:52am
Quoting Butterscotch
It is possible to double your account but it is also high risk with it because you are going twice the account and it takes your investment too.

It is possible but it requires time. Don’t hope to achieve it in a day or week.
  • #55
  • Last Post: Jan 9, 2021 7:22am Jan 9, 2021 7:22am
Quoting Niels.Lar
{quote} It is possible but it requires time. Don’t hope to achieve it in a day or week.
Or a month, for that matter. It takes quite a while.
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