$99 to $100,000 is it possible? | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Is it possible to make $100 to $ 100 million in a month? 10 replies

100$ -->100,000$ (period: 12 months) 207 replies

Gutenberg money printing machine.. 100 to 1.000 to 10.000 to 100.000? 15 replies

Experiment: $100 to $1,000,000 USD in 155 Steps 154 replies

27/23 System for USD/CHF --$10,000 to $1,100,000 in 2 years? 42 replies

Attachments: $99 to $100,000 is it possible?
Exit Attachments

$99 to $100,000 is it possible?

  • #241
  • Feb 20, 2020 6:45am Feb 20, 2020 6:45am
Quoting PandaTradeFx
Starting from the bottom When I was looking through this forum, I found one interesting quote, it says "If you can....you can" It means for me, if I can achive this target with 100$, why I couldnt achieve this target with a quarter of this amount. So, I decided to lower my account size, and another part of money, I transfered on safety account. In total, I had 26$ on my trading account, and 155$ on my safe account just to have an option of starting again this challenge without adding money from my card. Also, I had one trade that you can find in...

Holy cow u got into that huge USDJPY upward movement.

Good job! Keep updating your journey
I make perfect trades. But terribly manage it
  • #242
  • Feb 20, 2020 10:37pm Feb 20, 2020 10:37pm
Got a trade at EUR/USD, but couldn't close it with 1:2 risk reward ratio. But still profit.
Inserted Video
  • #243
  • Feb 20, 2020 10:48pm Feb 20, 2020 10:48pm
Quoting jgadefelth
{quote} Great my favorite quote is dont have a plan B burn allships and bridges so there is no return. Focus alk on plan A you will win because there are no other options Best regards
I don't like to burn plan B's, especially under emotions.
  • #244
  • Mar 2, 2020 11:36am Mar 2, 2020 11:36am
Hi Panda

Yes it is possible. I by incident found your post about 3 weeks Ago and thought I wanted to join you on your journey. I deposited DKK 1000 with tradedirect365 where I can trade heavily leveraged. Today the account is at 65000 DKK. I will tale it the rest og the way. I started out trading Dow @1 usd per pip. In my view you will only reach your target by pyramiding and gun for runners.

Br
  • #245
  • Mar 2, 2020 12:25pm Mar 2, 2020 12:25pm
Quoting Banditten
Hi Panda Yes it is possible. I by incident found your post about 3 weeks Ago and thought I wanted to join you on your journey. I deposited DKK 1000 with tradedirect365 where I can trade heavily leveraged. Today the account is at 65000 DKK. I will tale it the rest og the way. I started out trading Dow @1 usd per pip. In my view you will only reach your target by pyramiding and gun for runners. Br

So tell us your story if you like and the way you trade in the rags to riches thread

Thank you.

Best regards
  • #246
  • Mar 2, 2020 12:35pm Mar 2, 2020 12:35pm
Quoting jgadefelth
{quote} So tell us your story if you like and the way you trade in the rags to riches thread Thank you. Best regards
Naah I didnt write this to glorify my own Trading. I dont do anything special.
  • #247
  • Mar 2, 2020 1:51pm Mar 2, 2020 1:51pm
Quoting Banditten
{quote} Naah I didnt write this to glorify my own Trading. I dont do anything special.
No glorifying i and many with me are qurious about how you trade

Best regards
  • #248
  • Mar 3, 2020 12:24am Mar 3, 2020 12:24am
Quoting jgadefelth
{quote} No glorifying i and many with me are qurious about how you trade Best regards
I am not sure which thread you refer to.

I am sure there are many ways to trade. Trading for me is a matter of personality. You have to find the tradingstyle that suits your personality. If your personality cannot handle to sit in a trade for hours and hours and take the pain when the markets temporary goes against you then it does not make sense to adopt that kind of tradingstyle. Instead you should be a scalper maybe. I do scalp from time to time if I see an opportunity. But this is not where I make my living. The big ones are made from riding a trend for a longer time. I found out long time ago that I had no problem sitting in a trade for hours and days. Infact I could let a 1000 pip trade turn into nothing. I did that multiple times and figured I needed to tackle my greed to become a profitable trader.

I dont have that secret indicator that will make everyone profitable. I dont really believe in that kind of trading. For me trading is a mental thing. Yes I know most of the technical analysis tools and know how to draw whatever available on the market. But that is not what makes me a profitable trader. In my daily trading I only trade around support/resistance on the 3/15 min chart and harmonic movements.

I have been told that the way I enter my trades are unique but again. This is not what makes the deal. For me, what makes me profitable is without a doubt my ability and willingness to add to my trades insanely when the markets trends in my direction. I add and I add. While doing that I have perfectly accepted that my paperprofits may be wiped out by a spike against me or whatever comes my way. I am perfectly ok with that. Some are not. That is my tradingstyle and thats the way I have been able to build this account to 65K in 3 weeks (if I closed my DAX long now it would be 75K by the way. But I am not).
  • #249
  • Mar 3, 2020 12:31am Mar 3, 2020 12:31am
Quoting Banditten
{quote} I am not sure which thread you refer to. I am sure there are many ways to trade. Trading for me is a matter of personality. You have to find the tradingstyle that suits your personality. If your personality cannot handle to sit in a trade for hours and hours and take the pain when the markets temporary goes against you then it does not make sense to adopt that kind of tradingstyle. Instead you should be a scalper maybe. I do scalp from time to time if I see an opportunity. But this is not where I make my living. The big ones are made from...

Like i say very intresting here is the link to the thread https://www.forexfactory.com/showthr...8#post12746038

Can you tell something about the rules how you add trades ? Are all at same size ? Do you move stop loss and if so how,? For example do you go down to 0 if you lose even when you have added several trades ? When are ylu happy and close the trade in profit ?

Thank you.

Best regards
  • #250
  • Mar 3, 2020 12:26pm Mar 3, 2020 12:26pm
Sorry to hijack the thread but what a day. Account now sitting at 70k but but but.. with a little Luck it could have blown straight the 100k mark.

I Got the dax up in the morning. All fine. Went short Dow after the spike after powel. Was up About 25K in a triple position and added doubled that position when dow was about 0 for the day. Was stopped out for nil to See it tank 500 pips. I dont blame myself. That is my tradingstyle. I am aggressive on my winners. Got some pips on the sat down so not of the day about 5k. When will it reach 100k. When I am at 100k I will increase my stakesize.
  • #251
  • Mar 3, 2020 5:13pm Mar 3, 2020 5:13pm
Quoting PandaTradeFx
$99 to $100,000 is it possible?
Of course, it is possible, Panda. Go for it! Just as long as you know what you are doing, that's all.

Go get the GOAL! That's what its all about. Let the Trolls wonder how you did it in the cloud of smoke you leave them in as you vacate. Just stay positive and nail it. Be consistent. Be patient. Wait for YOUR set-up.

If you've done the homework and your approach to the trades have empirical evidence to back them up, then of course, you can do this - without question. Drop me a note and let me know how it turns out for you.

Keep calm and trade on.
  • #252
  • Mar 4, 2020 11:50am Mar 4, 2020 11:50am
Flat for the day. How embarassing is that to miss that ride up in both DAX and DOW. Had to bring my kids to kindergarden around DAX open and pick em up around DOW open. Who the f... is planning this. My wife of course - and she is not a trader (: account still sitting @70.000 DKK.

Multiple has asked me if I can explain how I trade. I am always happy to help others. I was so fortunate that one of my very good friends is a super trader who brought me into this. That saved me tons of lost money and saved me from doing many of the retailer fouls and if I can help others then that is my way of saying thank you. I have picked up quite a bit of technical stuff over time but the absolute majority of my trading is done around support and resistance. It sounds simple and in one way it is. But there is more to it than just that (:

As I have said before what really makes my living is what I do when I am in a trade. I have strict rules for adding to my winning positions. When I am short term trading I will enter a trade on the basis of a one minute chart or a 3 min chart. If the following 5 min chart is another kicker I am doubling my position. Those are fixed rules that I never deviate from (there are many others). I NEVER enter a trade with a fixed target. Does that mean that I dont look at possible support resistance when I am in a trade? No it does not. But if I had entered wit a 2 to 1 target I would have missed that looong ride in Dow that I got. Clearly I would have had a lot more winners if I went for a 2:1 target but I would not be making near as much profits as I am now.

I have an insane discipline and money management. I have no problem sitting a whole day and not placing a single trade if I dont see a setup that I like. Normally though I get 5-7 trades per day + addings.

It is all in my tradingplan in great details and I am happy to share that with anybody who are interested. Just send me a PM and I will send it to you. Before I send it I will have to rewrite it a little. And also, pls. bear in mind that although I am profitable you dont necessary become profitable just by using the same setups. Its a mental game. And the kind of trading that suits my personality may not suit you (:
  • #253
  • Mar 5, 2020 12:52am Mar 5, 2020 12:52am
Quoting Banditten
Flat for the day. How embarassing is that to miss that ride up in both DAX and DOW. Had to bring my kids to kindergarden around DAX open and pick em up around DOW open. Who the f... is planning this. My wife of course - and she is not a trader (: account still sitting @70.000 DKK. Multiple has asked me if I can explain how I trade. I am always happy to help others. I was so fortunate that one of my very good friends is a super trader who brought me into this. That saved me tons of lost money and saved me from doing many of the retailer fouls and...
Hello, i can not send PM to you, can you send me your trading plan please?
  • #254
  • Mar 5, 2020 3:03am Mar 5, 2020 3:03am
Quoting Banditten
Sorry to hijack the thread but what a day. Account now sitting at 70k but but but.. with a little Luck it could have blown straight the 100k mark. I Got the dax up in the morning. All fine. Went short Dow after the spike after powel. Was up About 25K in a triple position and added doubled that position when dow was about 0 for the day. Was stopped out for nil to See it tank 500 pips. I dont blame myself. That is my tradingstyle. I am aggressive on my winners. Got some pips on the sat down so not of the day about 5k. When will it reach 100k. When...
If you can turn 99 $ to 70 k then why aren't you a millionaire from compounding a bigger account yet? Because im pretty sure that most traders on here start with more than 99$
  • #255
  • Mar 5, 2020 3:06am Mar 5, 2020 3:06am
Quoting Baboonic
{quote} If you can turn 99 $ to 70 k then why aren't you a millionaire from compounding a bigger account yet? Because im pretty sure that most traders on here start with more than 99$
Excellent post,, WHY ?????????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #256
  • Mar 5, 2020 11:27am Mar 5, 2020 11:27am
Yea or even multibillionaire. Well Maybe I am. Maybe I am. You dont Know do you.

I am not here to sell anything not do I feel that I have to prove myself to anybody. I dont claim to have a system that takes home a shit load of money on a daily basis. People who har contacted me will know that I am brutally honest in that regard.

I am not the best daytrader and I dont care. I make good money from the market and I am convistently profitable. I was fortunate to have a good friend and Very profitable trader as my mentor. I thank him for everything I know. If I can help others become profitable then that is my way of saying thank you.

I picked up this challenge because I wanted to see ifit was possible. Thats it. Not because I wanted to show off ør sell you a super tradingsystem. I deposited 1000 DKK (150 usd) on an account. Right now the account show close to 80000 in closed profits and short from today is still Running. This is a small account for me and I started out Trading 1 usd per point. I Also have another account but I trade that slightly less aggressive.

My mentor is participation in a for fun radio competetion Trading his own money. He started februar with 250000 on his account. Today it is About 5000000 DKK. All his trades are confirmed. No demo accounts here. I am aware that this can be hard for loosing traders ør novices to understand. But again. What Should I possible again from lying to you. I just dont get it. I will show you my trading statementsif I succed in takingthe account to 1 million.
  • #257
  • Mar 5, 2020 11:30am Mar 5, 2020 11:30am
Quoting billytt
{quote} Excellent post,, WHY ?????????
And quite honestly this kind of statement shows me that youdontknow much about trading and money management. But here you go. It is easier going from 1 to 2 than from 10000å to 1 million because my risk profile changes.
  • #258
  • Mar 5, 2020 7:27pm Mar 5, 2020 7:27pm
Quoting Banditten
{quote} And quite honestly this kind of statement shows me that youdontknow much about trading and money management. But here you go. It is easier going from 1 to 2 than from 10000å to 1 million because my risk profile changes.
You asked traders to PM you
So I did
But complete ignorance from your side
Why did you do it then?
  • #259
  • Mar 5, 2020 9:39pm Mar 5, 2020 9:39pm
Hi Alex

PM well received. I will update my tradingplan øver the weekend and circulate it to the ones that asked for it. It is a personal document so just need to tweek a little here and there

Short Dow still Running. See thats the benefits of not running with fixed targets. Thats my philosophy but respect others naturally
  • #260
  • Mar 5, 2020 10:01pm Mar 5, 2020 10:01pm
Quoting Banditten
{quote} And quite honestly this kind of statement shows me that youdontknow much about trading and money management. But here you go. It is easier going from 1 to 2 than from 10000å to 1 million because my risk profile changes.
This is the last time i post Re:- this .
I told the thread starter his aim can be done, because i have done it.
I actually started with less and made more, AND did it 3 times.

To compound yourself from 99 to 1000000, can be done with 10 trades, looking at 20 points per trade.
You boast too much, Trading huge lots does not need aggression, it needs brains and method.


OOOOOOOOh i missed a big move, bollox, no one needs these big moves.
You shouldn't encourage dreamers.
It is good to dream but have destination and the drive.
As for me not knowing trading/money management,lol. ok your right
Do you use real money??? with a decent broker/s????
Anyway people of the room. trade well and yes it can be done, Have your method and stick to it.
trade well all.
no need to reply, adios.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
0 traders viewing now