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$99 to $100,000 is it possible?

  • #181
  • Dec 27, 2019 4:00pm Dec 27, 2019 4:00pm
Great challenge mate!!! Stick with it
  • #182
  • Edited 10:10pm Dec 27, 2019 9:59pm | Edited 10:10pm
I think I have an idea that can help the overtrading problem because of lack of patience... although, I believe lack of patience in Forex is very related to greediness, which ends up making us overtrade.

Do you get in a trade because you feel like you gonna miss an opportunity to make money? Or maybe you just want to test yourself, test your analysis?
How about just wait for the best shot to make money??

If you had a million dollars... would you invest in every little business idea that knocks on your door?? Or you just wait for the best business idea and most probitable opportunity that you saw after a long time??


Why not taking the decision NOT to trade for a week..... UNLESS you find the best and the easiest opportunity your eyes can spot.. in sense of... 99% is not enough.... You have to be 100% sure of your decision to risk your money.

Just a thought. Hope you reach your goal.

Cheers!
GMD
  • #183
  • Dec 28, 2019 5:03am Dec 28, 2019 5:03am
Quoting Guiyee89
I think I have an idea that can help the overtrading problem because of lack of patience... although, I believe lack of patience in Forex is very related to greediness, which ends up making us overtrade. Do you get in a trade because you feel like you gonna miss an opportunity to make money? Or maybe you just want to test yourself, test your analysis? How about just wait for the best shot to make money?? If you had a million dollars... would you invest in every little business idea that knocks on your door?? Or you just wait for the best business...
Thanks for advice. I know, that this emotional problems comes from greednes, and I've already made a point in my trading plan about sitting on my hands until I can find a good opportunity to open an order.
  • #184
  • Dec 28, 2019 5:23am Dec 28, 2019 5:23am
I have a lot of PM, that says that it's impossible to make even 99$-3.000$ in 2 month. And that I'am trading on demo account. So, I decided, to open another trading account with starting balance of 250$, another 168$ I will get to safe account, and continue my challenge

Also I will start a Trade Explorer and will post myfxbook link.

I will start trading on January 6.
  • #185
  • Dec 28, 2019 5:36pm Dec 28, 2019 5:36pm
Hi PandaTradeFx

I wish you great success in your challenge, will be following

Thanks
Martyn
  • #186
  • Dec 29, 2019 8:23am Dec 29, 2019 8:23am
Helo Pand, I’m wanting to do this same in the New Year. Are you using any strategy found here on FF? Thanks in advance. Best wishes
  • #187
  • Dec 29, 2019 8:27am Dec 29, 2019 8:27am
Quoting Redsub
Helo Pand, I’m wanting to do this same in the New Year. Are you using any strategy found here on FF? Thanks in advance. Best wishes

Argh just seen it. Thanks anyway
  • #188
  • Dec 29, 2019 8:52am Dec 29, 2019 8:52am
Quoting Redsub
Helo Pand, I’m wanting to do this same in the New Year. Are you using any strategy found here on FF? Thanks in advance. Best wishes
Thanks, no, I'am using my method/ Good luck for you!=)
  • #189
  • Dec 29, 2019 5:00pm Dec 29, 2019 5:00pm
Quoting PandaTradeFx
I have a lot of PM, that says that it's impossible to make even 99$-3.000$ in 2 month. And that I'am trading on demo account. So, I decided, to open another trading account with starting balance of 250$, another 168$ I will get to safe account, and continue my challenge Also I will start a Trade Explorer and will post myfxbook link. I will start trading on January 6.

I thunk it is great that you do this challenge, and many here support you and wish you the best. But i thi k there is also peopme that you reallt just should avoid and block. These people qill steal your energy. Please just avoid this naysayers what ever you pfove or do they will not believe you or they will be jealous of you. Please just stay positive and focus on your trading.

Best regards
  • #190
  • Dec 31, 2019 6:08am Dec 31, 2019 6:08am
Quoting jgadefelth
{quote} I thunk it is great that you do this challenge, and many here support you and wish you the best. But i thi k there is also peopme that you reallt just should avoid and block. These people qill steal your energy. Please just avoid this naysayers what ever you pfove or do they will not believe you or they will be jealous of you. Please just stay positive and focus on your trading. Best regards
Hi, It is possible (or was possible ) to trade from a small amount to a large amount. as in $99 to 100000 by compounding AND without the use of Leverage, in this case double up 10 times. I know because I did it.

Every trade should be a legitimate trade ie, you trade the method and stick to it, this way once you have done it you can sell the book/method.
There is no way you can rely on being lucky or have bad emotions. Why waste all the hard work.....
I wish Panda all the best, but there is no need for foolishness when trading.
Trade well..... Billy...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #191
  • Jan 1, 2020 12:11pm Jan 1, 2020 12:11pm
Quoting billytt
{quote} Hi, It is possible (or was possible ) to trade from a small amount to a large amount. as in $99 to 100000 by compounding AND without the use of Leverage, in this case double up 10 times. I know because I did it. Every trade should be a legitimate trade ie, you trade the method and stick to it, this way once you have done it you can sell the book/method. There is no way you can rely on being lucky or have bad emotions. Why waste all the hard work..... I wish Panda all the best, but there is no need for foolishness when trading. Trade well........
You really did it?
  • #192
  • Jan 2, 2020 1:19am Jan 2, 2020 1:19am
Quoting GrowPro93
{quote} You really did it?
Hi, yes I really did it, I did it 3 times.. made my money then bought property...
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #193
  • Jan 2, 2020 1:30pm Jan 2, 2020 1:30pm
Quoting billytt
{quote} Hi, yes I really did it, I did it 3 times.. made my money then bought property... Trade well.
You are a great trader than! Nice. How much time did it take to get so far?
I'm new here in forex factory. Currently in deep financial shit so just looking for a miracle
  • #194
  • Jan 2, 2020 3:33pm Jan 2, 2020 3:33pm
Quoting GrowPro93
{quote} You are a great trader than! Nice. How much time did it take to get so far? I'm new here in forex factory. Currently in deep financial shit so just looking for a miracle
Only trade with money you can afford to lose, if you are in financial shit, live off ramen noodles and sort that shit first, then trade.
?
  • #195
  • Jan 3, 2020 1:30am Jan 3, 2020 1:30am
Quoting GrowPro93
{quote} You are a great trader than! Nice. How much time did it take to get so far? I'm new here in forex factory. Currently in deep financial shit so just looking for a miracle
Hi, I am not a trader. I know about statistics, odds and probabilities.
To be honest, you cannot trade if you have emotional problems, I have lost in the past, mainly due to me thinking I knew how to trade, Not many people do know.
A massive percentage of people are soooooooo greedy, just look around these sites, Things like heeeeeey I made 300 pips blah blah., and show impressive charts of what happened, They want to show what will happen but this is rare.
Sorry i cannot help but if you do try to hit it big time, try compounding small amounts (not leverage) and stick to the method..
Use stats and never think what the market will do.
Best Wishes. Billy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #196
  • Jan 5, 2020 3:04am Jan 5, 2020 3:04am
just do it!

all the best for this challenge!!!
  • #197
  • Jan 5, 2020 4:05am Jan 5, 2020 4:05am
As I was saying, I will start trading from the next week. I'am going to trade only on daily timeframe with new set of rules.

Also I connect my account to Trade Explorer so that you can see my trading results. Little bit later I will post link to myfxbook.
  • #198
  • Jan 5, 2020 5:11am Jan 5, 2020 5:11am
Tomorrow is start)!
Good luck, Panda)!
Like your wife says, hold the fucking position until I tell you I'm done.
  • #199
  • Jan 5, 2020 10:17am Jan 5, 2020 10:17am
Quoting PandaTradeFx
As I was saying, I will start trading from the next week. I'am going to trade only on daily timeframe with new set of rules. Also I connect my account to Trade Explorer so that you can see my trading results. Little bit later I will post link to myfxbook.
Good luck man, interesting challange.you will make it!
  • #200
  • Jan 7, 2020 5:30pm Jan 7, 2020 5:30pm
Everything went totaly wrong, this account was lost.

Need more experience and practice with my emotions.

This challenge is closed! Thanks everyone for support!

Good luck!
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