A winner with 94% of return in less than a month, how come?! | Forex Factory

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Attachments: A winner with 94% of return in less than a month, how come?!
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A winner with 94% of return in less than a month, how come?!

  • #1
  • First Post: Jan 13, 2023 8:12pm Jan 13, 2023 8:12pm
Rocket 21 Challenge.

Dear Trader friends,

I am posting this, as I need your help.

There is a challenge that is for free and the prize is a 100k Challenge account.

I see the last traders that won this challenge has been made 94% of return. the account is 100k and in less than a month, they had 194k usd in profit.

the question is... which is the best strategy with the lowest drawdown and the better return ratio ?

EURUSD was the Major.
  • #2
  • Jan 13, 2023 8:33pm Jan 13, 2023 8:33pm
Wrong thread to posy it.

Isnt should be in discussion not trading system and I am sure if some one can make 94% in Month. They don't need 100k free account.
  • #3
  • Jan 13, 2023 11:05pm Jan 13, 2023 11:05pm
Quoting rogeryrogery
Wrong thread to posy it. Isnt should be in discussion not trading system and I am sure if some one can make 94% in Month. They don't need 100k free account.
What does "posy it" mean?
All you touch and all you see, is all your life will ever be.
  • #4
  • Jan 14, 2023 12:24am Jan 14, 2023 12:24am
Quoting Ulisesrocker
Rocket 21 Challenge. Dear Trader friends, I am posting this, as I need your help. There is a challenge that is for free and the prize is a 100k Challenge account. I see the last traders that won this challenge has been made 94% of return. the account is 100k and in less than a month, they had 194k usd in profit. the question is... which is the best strategy with the lowest drawdown and the better return ratio ? EURUSD was the Major.
Don't believe in that. It's all BS.

Also, websites like myfxbook are incredibly misleading. You can even connect a demo account and pretend like it's a real account. Also, there are shady brokers that actually modify their own STP feed to simulate orders that never went through, but they'll generate reports and feed it into sites like myfxbook and mislead followers, which in turn will be victims of the fraud. Be careful! Anyone claiming to make 94% is full of it. That person would literally become a billionaire if they could do that daily. Don't buy into that crap. You should optimistically and realistically aim for maximum 3-5% per month.
Take this course: https://shorturl.at/upBey
  • #5
  • Jan 14, 2023 12:33am Jan 14, 2023 12:33am
Quoting Ulisesrocker
Rocket 21 Challenge. Dear Trader friends, I am posting this, as I need your help. There is a challenge that is for free and the prize is a 100k Challenge account. I see the last traders that won this challenge has been made 94% of return. the account is 100k and in less than a month, they had 194k usd in profit. the question is... which is the best strategy with the lowest drawdown and the better return ratio ? EURUSD was the Major.
It is simply over leveraging. So it can be real. However it's unbelievably hard to do. And you might delete the account in the process. You can do over leveraging on account like 100 or 50 dollars. We have such threads.

What I saw for real was 200 USD to cca 110 000 USD in 4 hours, real broker, live trades, but that was very lucky. He was exactly over leveraging and he had very big bearish trend with almost zero drawdowns.

So yes, it is possible, but I wouldn't risk (if I had 100K on that account) full account. That's really bad idea. But starting with 100 and getting 100K, why not try?

However make your own system for this. No one will give you one, nor for free.
  • #6
  • Jan 14, 2023 9:27am Jan 14, 2023 9:27am
The deal is that there has been like 4 "tournaments" and the winners are having that returns. How can be that possible?

I want to try to make 10% and I will be good, but I don't even can to pass the challenge.
  • #7
  • Jan 14, 2023 11:59am Jan 14, 2023 11:59am
Perhaps a Swing Trader? Letting the with high risk ?

People that is a swing trader please help me out.
  • #8
  • Jan 14, 2023 12:43pm Jan 14, 2023 12:43pm
Quoting Ulisesrocker
high risk ?
//-----

odds are its a broker with 100 to 1 or higher leverage....

25 standard lots with 100 to 1 leverage would require little over 50k free margin.....

25 standard lots runs 250 a pip.....

eurusd monthly atr is slightly over 400 pips..... weekly atr just over 250 pips.....

monthly..... 400 pips at 250 a pip is 100k....

weekly..... 250 pips at 250 a pip is 62.5k....

//-----

weekly and monthly traders use much less leverage..... follow the trends.... have near 0 ego.... have 1 tenth those returns..... and live to trade longer....h
//-----

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-w1-oanda-division1-trend.png Size: 13 KB
to trade and code, keep both simple... no call to impress....h
  • #9
  • Jan 14, 2023 3:36pm Jan 14, 2023 3:36pm
Quoting hayseed
{quote} //----- odds are its a broker with 100 to 1 or higher leverage.... 25 standard lots with 100 to 1 leverage would require little over 50k free margin..... 25 standard lots runs 250 a pip..... eurusd monthly atr is slightly over 400 pips..... weekly atr just over 250 pips..... monthly..... 400 pips at 250 a pip is 100k.... weekly..... 250 pips at 250 a pip is 62.5k.... //----- weekly and monthly traders use much less leverage..... follow the trends.... have near 0 ego.... have 1 tenth those returns..... and live to trade longer....h //-----...
SPOT ON MY FRIEND.
  • #10
  • Jan 15, 2023 3:28am Jan 15, 2023 3:28am
Quoting Ulisesrocker
Rocket 21 Challenge. Dear Trader friends, I am posting this, as I need your help. There is a challenge that is for free and the prize is a 100k Challenge account. I see the last traders that won this challenge has been made 94% of return. the account is 100k and in less than a month, they had 194k usd in profit. the question is... which is the best strategy with the lowest drawdown and the better return ratio ? EURUSD was the Major.
Well, it is definitely possible. Yes, it is; however, it doesn't come cheaply. To achieve that level of result, you need years of experience behind a formidable strategy. If you are interested in such kind of result, then you shouldn't be in hurry. Rather, you should be getting ready for intensive research journey.

Let me stop here, if you require further ado about the next steps to take, ask and I will give the information that you need.
  • #11
  • Jan 15, 2023 10:08am Jan 15, 2023 10:08am
Quoting SilentFather
{quote} It is simply over leveraging. So it can be real. However it's unbelievably hard to do. And you might delete the account in the process. You can do over leveraging on account like 100 or 50 dollars. We have such threads. What I saw for real was 200 USD to cca 110 000 USD in 4 hours, real broker, live trades, but that was very lucky. He was exactly over leveraging and he had very big bearish trend with almost zero drawdowns. So yes, it is possible, but I wouldn't risk (if I had 100K on that account) full account. That's really bad idea. But...
This is the closest possible answer. I always use this method with a capital under $ 1000 and the important thing is that I have to withdraw between 300to 1000%. But with 100K I still don't have this courage.
  • #12
  • Jan 15, 2023 10:34am Jan 15, 2023 10:34am
Quoting tetis
{quote} This is the closest possible answer. I always use this method with a capital under $ 1000 and the important thing is that I have to withdraw between 300to 1000%. But with 100K I still don't have this courage.
Don't ever do it. Trust me. Btw how good are you with that so far? If you don't mind me asking.
  • #13
  • Jan 15, 2023 11:16am Jan 15, 2023 11:16am
Quoting SilentFather
{quote} Don't ever do it. Trust me. Btw how good are you with that so far? If you don't mind me asking.
Thank you for your opinion.
I am very comfortable in this way and honestly say that after years of experience in Forex I realized because I have the personality of a scalper I found out the Achilles heel of forex for me is using high leverage to fast enter and exit .also i have bad days too
  • #14
  • Jan 15, 2023 11:39am Jan 15, 2023 11:39am
Quoting Ulisesrocker
Rocket 21 Challenge. Dear Trader friends, I am posting this, as I need your help. There is a challenge that is for free and the prize is a 100k Challenge account. I see the last traders that won this challenge has been made 94% of return. the account is 100k and in less than a month, they had 194k usd in profit. the question is... which is the best strategy with the lowest drawdown and the better return ratio ? EURUSD was the Major.
Hi, don't know about that competition anything, but practically making 94% while risking 100% is similar making 5% while risking 5%. And the last one is requirement in many props for getting funding. (sometimes even 8% gain required, with 4% max dd) So that is not special, many pass such.

How to do it? Well, earlier people answered, strategies usually have periods when all is normal, and when you are taking hit. So you just take your good strategy and increase risk several times. If it is period of hit -- too bad, you lost. Else -- you won, got money and now you can lower risks and return to basic trading.

Best strategy? Well, holy grail / alpha is what many are looking for. In case you just want an example of strategies which worked for passing funding challenges -- check in youtube ftmo challenge passed interviews. (ftmo is prop, where people who got funding are showing their strategies.) Warning: none of them probably work atm, and surely they forget to mention some important details, but the main idea of what was used you will get.
  • #15
  • Jan 15, 2023 12:41pm Jan 15, 2023 12:41pm
here is a screenshot of a competition that is running in a broker after 1 week but it is in demo and i guess with 5000$ deposit
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot ff.jpg Size: 77 KB
  • #16
  • Jan 15, 2023 1:27pm Jan 15, 2023 1:27pm
Only thing you need for this is strategy that will catch high or low on any chart. I've been working on such thing for years. I almost got there, but thing is some points are still wrong. I'm not sure why. However, ending with stoploss 5 or less pips is still a thing and it will save your account if you do over leveraging.

It's definitely highly possible. People that said it is not are just not trying. My best was 600 to 3400 dollars in a week, with 10 trades.

I even have some idea how to do it again consistently, but I'll need to try that first. I don't have time for it right now.

However if you trade for less than 5 years, forget it. It will be hard as f..
  • #17
  • Feb 3, 2023 3:22pm Feb 3, 2023 3:22pm
Quoting PPT
{quote} Don't believe in that. It's all BS. Also, websites like myfxbook are incredibly misleading. You can even connect a demo account and pretend like it's a real account. Also, there are shady brokers that actually modify their own STP feed to simulate orders that never went through, but they'll generate reports and feed it into sites like myfxbook and mislead followers, which in turn will be victims of the fraud. Be careful! Anyone claiming to make 94% is full of it. That person would literally become a billionaire if they could do that daily....
I know but I contacted the guy who won last challenge with 800% profit, non of drawdown and he told me he was using Smart Money Concepts...
  • #18
  • Feb 3, 2023 3:28pm Feb 3, 2023 3:28pm
Hello All,

Same competition, 3 days, no drawdown, 900% profit. I know, it can blow your account if over levearage, but even in a demo, can you perform like that?
900% of 100k account, without drawdown, show me how!?

I believe this is the clue, how can go over the 100% even with a lot of Lotage.

By the way, my journey still on going, more than 7 years and still, paid a lot of courses with "professional" traders that are not profitable, and gives courses a lot, so bad for the other people that quit, but I am still on this game until I win.

I am sales man for a Japanese Company, 41 years old, and love trading even with my red numbers.

Any help for the traders that could reach more than 100% in a month, will be appreciated and paid back as I will for that mentor.
  • #19
  • Feb 3, 2023 4:37pm Feb 3, 2023 4:37pm
Where do I go to win some prize with as long as 94% return for the month? WHERE?

I am interested. LOL
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #20
  • Feb 3, 2023 4:44pm Feb 3, 2023 4:44pm
Quoting FXSayWhat
Where do I go to win some prize with as long as 94% return for the month? WHERE? I am interested. LOL
@Fxsaywhat will you teach me how?
Rocket21challenge there was a couple of months with free Challenges as prizes and discounts. It is a prop firm like myforexfunds and FTMO.
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