Welcome to the 3% club

Hi guys

I was trawling through YouTube and came across this video. Firstly I like this guy and I will post a few of his videos which I believe will help us in our journey.

The idea is simply to build a small account into a very large account by increasing (compounding) it by 2% - 5% a day. I used 3% in the title simply because it's the average!

I know we've had threads like this before and people have failed/blown the account. But you know what? I think the reason for failure comes down to one thing - THE MENTAL APPROACH. I mean what is 2% of 100 bucks? Only $2 and probably 90% of us can grow our account by 2% a day. So what is the problem? Well to sum it up in one word, it's GREED. Yep, trying to go for too much using way too excessive leverage, doubling up on losing trades, not having a stop loss and not closing a losing trade as quickly as possible!

But the secret is: Once you've made your target - if you're starting with $100 and you make your 3%, your $3 profit, STOP TRADING, STOP TRADING, STOP TRADING. Just to be sure you're listening, STOP TRADING!!

I have already funded a $100 account for this project and I will put up a TE but not a public one. I will post my results daily. If you join the club and want to do the same, by all means do so.

You are welcome to join the club. ONLY MEMBERS WILL BE ALLOWED TO POST

TROLLS, NAYSAYERS, LOSERS, etc., ARE NOT WELCOME TO POST AND YOUR POSTS WILL BE REMOVED.

Here is another excellent video from the young guy (looks young enough to be my grandson!)

Nice easy system to follow. I will add my own strategies later to help members find quick easy trades to reach your daily target.

My suggestion on initial trade size on a $100 account is: for indices - 1 mini-lot (0.10) for Gold max 2 micro-lots (0.02). For Forex pairs max. 5 micro-lots (0.05)

Well 10 mins trading NASDAQ on the NY breakout and we're there already for today. In fact, 12.4% added because the breakout was really nice

CLOSED MY TERMINAL and I don't look at the charts until tomorrow London session (DAX)

Guy if you join the club I will send you a really incredible trading strategy - FOR MEMBERS ONLY

Guys if you go here:

https://www.thecalculatorsite.com/fi...calculator.php

You can work out your gains over whatever period you choose, whatever balance you start with and what percentage you want to add per day.


STARTING WITH $100:

Including weekends if you trade Crypto

3% - 3 months - $1,500
5% - 3 months - $8,500

3% - 6 months - $22,000
5% - 6 months - $736,000

No weekends

3% - 3 months $663.00
5% - 3 months $2270

3% - 6 months $4529
5% - 6 months $54127

I'd like to join club, have similar idea, kind of when manual trading- aim small miss small (the say from M.G. movie).
The idea is trend trading, something like swing trading, never to go against trend. Basically to buy or sell on pull backs, trend should take care of profit.
Of course there is no bullet proof indicator.
Just setup EA to run short on USDJPY, looks like it has turned south.
Here is the beginning of trading.

Good luck and welcome!

Guys I posted this a couple of years ago but it is so relevant and such good advice - so I'm posting it again.

READ IT - you'll be glad you did!

thank you !
Good luck to you as well !

Today I was a bit lucky, was experimenting something, it would be dream to have that kind of return daily .
I don't have any written rules, usually just look at the chart and than ..., stop loss and profit taking are very important one, better small profit than big dream with loss.

today was interesting day, EURUSD/USDJPY/GBPUSD all went down.

Well done indeed. I'll be back soon - ran into a problem but I know exactly what I've been doing wrong

I don't like to go against trend, trying something really basic, using indy on 15, or 30 min chart, it does repaint, but not bad at all, after all market is so dynamic (non repaint indy's are usually late in the game), than use some free EA to do scalping in direction of the market.
I find complicated and fancy things don't get me far, right now GBPUSD just turned positive on 5 min chart, started scalping EA, watching it, if 15 min turns positive, will just let it run it's course.

Just an idea !

Not just 3% - maybe 30%!

Something like this? But yesterday was exceptional I suppose

Oh well done. I see people are using the template

Guys when the price action is ragged as it was at US open yesterday you can rather use the 5 min chart

Hi guys

Well today I decided to try again after blowing my first try.

Trying to stick to the strategy and NOT trade at any other times - that is the secret - that is the holy grail!

Anyway it worked well today trading FOMC

50% increase

Stick to the script guys - that's the important thing!

Well not too bad today guys. 25% gain

BTW anybody else what to join the club? You don't need to go for what I'm doing - just 5% a day is good!

Two charts from today

Love this guy - really knows what he's talking about

Well done Mtinifx. Your trading system looks interesting

Would like to join you but I don't trade small accounts