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Attachments: 1% to 3% Per Day? All things are Possible
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1% to 3% Per Day? All things are Possible

  • #701
  • Aug 15, 2020 9:50am Aug 15, 2020 9:50am
Quoting nim1984
{quote} If you want to achieve slow and steady then why waste time and money trading. Simply buy and hold some index etf. You will definitely get more than savings account, on average and over many years, because you’ll be compensated for taking risk
Even an index fund is not slow and steady. This term has become popular in the last couple of years because the market has been in a bull market. There are periods where the index goes down for a considerable period ( 10 - 20 years ). There is no way to make money investing as you will at a regular Job. There are good times and there are bad times in every business.
When you see it, BET big.
  • #702
  • Aug 16, 2020 7:30am Aug 16, 2020 7:30am
Quoting nim1984
{quote} If you want to achieve slow and steady then why waste time and money trading. Simply buy and hold some index etf. You will definitely get more than savings account, on average and over many years, because you’ll be compensated for taking risk
Interesting will look into, any brokerage recommendations?
R:R "Percentage Focus"
  • #703
  • Aug 16, 2020 8:51am Aug 16, 2020 8:51am
I believe to be successful long term there are three Market condtions that needs to be mastered in identification systematically or mechanically with little or no discretionary factors to determine whether or not you enter. It should be purely enter by signal etc.
1.Range- stay out or aim for breakout.
2.Trend- knowing when to enter
3.Exit.
R:R "Percentage Focus"
  • #704
  • Sep 1, 2020 6:59pm Sep 1, 2020 6:59pm
Quoting PrinceJ58
I believe to be successful long term there are three Market condtions that needs to be mastered in identification systematically or mechanically with little or no discretionary factors to determine whether or not you enter. It should be purely enter by signal etc. 1.Range- stay out or aim for breakout. 2.Trend- knowing when to enter 3.Exit.
Well, it’s not that easy IMO.

Because you would be only able to identify such “conditions “ once it has happened while the key to be successful in trading is by anticipation.

If you wait to trade once a trend or a range has occurred, it is like waiting the river on poker to bet, nobody will bet against you and you will have a poor R:R. Unless you have unlimited cash like a hedge fund...

Many might say it is wrong because the “trend is your friend”, well, it is true in some way but not for retail traders that have little capital.
LDFX Trading Ltd
  • #705
  • Sep 3, 2020 5:29am Sep 3, 2020 5:29am
Quoting LDFX
{quote} Well, it’s not that easy IMO. Because you would be only able to identify such “conditions “ once it has happened while the key to be successful in trading is by anticipation. If you wait to trade once a trend or a range has occurred, it is like waiting the river on poker to bet, nobody will bet against you and you will have a poor R:R. Unless you have unlimited cash like a hedge fund... Many might say it is wrong because the “trend is your friend”, well, it is true in some way but not for retail traders that have little capital.
When ever a trader find what works, they usually do two things get quiet about it or they all of a sudden decide they are now mentors.

People make money with the trend and agaisnt the trend. Almost every strategy in the hands of someone who knows how to make money will tweak it in the way it is best will reflect that opportunity for them.

Sharing however sharpens that edge, so its good when you have a tight network of like minded persons.
R:R "Percentage Focus"
  • #706
  • Edited 6:48pm Sep 3, 2020 2:40pm | Edited 6:48pm
Quoting PrinceJ58
{quote} When ever a trader find what works, they usually do two things get quiet about it or they all of a sudden decide they are now mentors. People make money with the trend and agaisnt the trend. Almost every strategy in the hands of someone who knows how to make money will tweak it in the way it is best will reflect that opportunity for them. Sharing however sharpens that edge, so its good when you have a tight network of like minded persons.
...
LDFX Trading Ltd
  • #707
  • Edited 6:59pm Sep 3, 2020 2:46pm | Edited 6:59pm
Quoting PrinceJ58
{quote} When ever a trader find what works, they usually do two things get quiet about it or they all of a sudden decide they are now mentors. People make money with the trend and agaisnt the trend. Almost every strategy in the hands of someone who knows how to make money will tweak it in the way it is best will reflect that opportunity for them. Sharing however sharpens that edge, so its good when you have a tight network of like minded persons.

Not sure to have understood your post.

Am I the know-it-all that you so pejoratively called a mentor ?



Cheers,
LDFX Trading Ltd
  • #708
  • Sep 3, 2020 2:58pm Sep 3, 2020 2:58pm
I'm a momentum trader, so I want a system that brings bigger profits 50 % or more daily
  • #709
  • Edited 6:57pm Sep 3, 2020 6:46pm | Edited 6:57pm
Quoting mabztrades
I'm a momentum trader, so I want a system that brings bigger profits 50 % or more daily

Lol,

then better go sell drugs.


But this must be a joke, right ?

If you start with 1000usd and make 50% profit/day, after 20 days you will have 3,325,000 usd.

Is FF that full of idiots ?
LDFX Trading Ltd
  • #710
  • Sep 3, 2020 7:49pm Sep 3, 2020 7:49pm
"Is FF that full of idiots ?"..................YES.
  • #711
  • Sep 16, 2020 7:37pm Sep 16, 2020 7:37pm
Quoting edge540
"Is FF that full of idiots ?"..................YES.
Rhetorical question

A rhetorical question is one for which the questioner does not expect a direct answer: in many cases it may be intended to start a discourse, or as a means of putting across the speaker's or author's opinion on a topic.

A common example is the question "Can't you do anything right?" This question, when posed, is intended not to ask about the listener's ability but rather to insinuate the listener's lack of ability.

Source: https://en.wikipedia.org/wiki/Rhetorical_question

It takes a lot for me to IGNORE you, but you can try.
  • #712
  • Sep 16, 2020 7:47pm Sep 16, 2020 7:47pm
Quoting Erebus
{quote} Rhetorical question A rhetorical question is one for which the questioner does not expect a direct answer: in many cases it may be intended to start a discourse, or as a means of putting across the speaker's or author's opinion on a topic. A common example is the question "Can't you do anything right?" This question, when posed, is intended not to ask about the listener's ability but rather to insinuate the listener's lack of ability. Source: https://en.wikipedia.org/wiki/Rhetorical_question
You forgot to mention that once that rhetorical question is answered to the best of one's ability, the answer is not heeded or respected....obviously because an answer was never sought to begin with.
  • #713
  • Sep 16, 2020 8:59pm Sep 16, 2020 8:59pm
Yeah it is possible. Probable is the caveat.

I had my best series in a row from the almost six years I have been trading earlier this year.

I had 84 trades in a row go my way. I made around a 500% return during that time or more?
Love to talk on Discord: DividendGamer#1324
  • #714
  • Feb 6, 2021 6:11am Feb 6, 2021 6:11am
Quoting LDFX
{quote} Not sure to have understood your post. Am I the know-it-all that you so pejoratively called a mentor ? Cheers,
Lol after so much time has past, just getting into the forum to see your reply. I would not judge you or anyone, It is what I have observed overall in general. People will be available on forums for different reasons either they are giving help, seeking help or being troublesome. However as it regards to trading unless a person does not have much friends in close by in this trading world and the forum is the closes one will get to another likeminded person then it makes sense to keep coming back. If one finds what works, they no longer search for what has been answered, hence the silence. Especially when it takes years to find, being miss lead and scammed etc, the list goes on.
It's another reason why some turn to offering paid groups and paid services. They try to recoup what has been lost.

I have only met few person's face to face or over the phone who I have spoken to on the forums so in conclusion I cannot judge you through the screen so your thought is furthest from reality.
R:R "Percentage Focus"
  • #715
  • Feb 6, 2021 6:43am Feb 6, 2021 6:43am
Its pointless trying to prove a point of who makes money or does not. Money can be made in many ways, whether you trade forex, indices, stocks, commodities, programming, softwares, selling of trading platform products e.a.s, indicators, courses, offering money management. There is a way always, once you are willing to search and put in the time.
I do both, charts and live tangible goods. Personally I do alot of the latter , commodities to be exact. So the topic above which mentions 1 to 3% that's easy at least for me with live goods where sometimes the supply cannot match the demand and vice versa. Exactly what happens on the charts is also a reality, sometimes you lose and sometimes you win. The win-rate for me so far with tangibles is pretty good and climbing. To replicate same on chart would be amazing and is possible.
The consistency however would take some developing of an edge on even one asset. The asset may present few opportunities but as long as it will increase the balance overtime the efforts will prove to be good. Some goods I have make easily 100% at market price, however it does take a lot of preliminary work.
R:R "Percentage Focus"
  • #716
  • Mar 10, 2021 2:35pm Mar 10, 2021 2:35pm
Vote for 3%
actualy it is near natural logarithem number 2.78
  • #717
  • Mar 17, 2021 12:49pm Mar 17, 2021 12:49pm
Quoting SH1394
Vote for 3% actualy it is near natural logarithem number 2.78
Everything depends on the risk you are able to comfortably endure plus the systems ability to turn over favourable expectations, traders psychology, aswell as account size helps to determine what's needed by the investor/trader.
R:R "Percentage Focus"
  • #718
  • Mar 17, 2021 9:47pm Mar 17, 2021 9:47pm
it is easier to lose 100% than it is to make 100%

it is possible to earn > 100%, but you can not lose > 100%
  • #719
  • Apr 4, 2021 1:13am Apr 4, 2021 1:13am
Yeah this is a good average to set as a goal.
Love to talk on Discord: DividendGamer#1324
  • #720
  • Apr 4, 2021 1:27am Apr 4, 2021 1:27am
So many saying 3% is possible.

If you begin with $1,000 and gain 3% a day, after 240 trading days, ie a year, you have $1.2 million.

I'm glad to see many millionaires in this thread.
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