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Double Your Account in a Day Strategy

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.
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.
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
Double your account in a day is possible only in a dream !!!
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
Get rich quick rarely ever works.
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!
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
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 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.
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!
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!
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.
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.
  • Post #55
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  • Last Post: Jan 9, 2021 10:22am Jan 9, 2021 10:22am
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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