A winner with 94% of return in less than a month, how come?! | Page 2 | Forex Factory

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

  • #21
  • Feb 3, 2023 8:28pm Feb 3, 2023 8:28pm
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 Uliserocker

The obvious answer is those traders took a position, got it correct and kept on ADDING trades while in profit.

So you need to make a call, then if you nailed it - place your STOP at breakeven and just keep adding till you win the challenge.

Of course your BREAKEVEN has an 80% of being hit but if you do GET LUCKY please tell us EVERYTHING
Trading thin liquidity at the boundary of the charts
  • #22
  • Feb 3, 2023 9:10pm Feb 3, 2023 9:10pm
Quoting Ulisesrocker
{quote} @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.
In 18-19 I have achieved 10% a month for 12 months straight. That’s a little over 300% over a year. That was one of the best foundations I have made in the recently years. It had me thinking many perspectives beyond what I thought I was set to achieve. Up to this day I thanked myself for putting in the work and time over the years to understand the market over, myself and most importantly, my limits.

We are here for a lifelong marathon, go slow and go steady. Find your pattern, don’t listen to the nosayers, trust no one but yourself and believe in god’s work.
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If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #23
  • Feb 3, 2023 9:21pm Feb 3, 2023 9:21pm
Quoting FXSayWhat
{quote} In 18-19 I have achieved 10% a month for 12 months straight. That’s a little over 300% over a year. That was one of the best foundations I have made in the recently years. It had me thinking many perspectives beyond what I thought I was set to achieve. Up to this day I thanked myself for putting in the work and time over the years to understand the market over, myself and most importantly, my limits. We are here for a lifelong marathon, go slow and go steady. Find your pattern, don’t listen to the nosayers, trust no one but yourself and...
Ok but how can you perform and do 1000% ? I know is over levearage but even so, needs to be a process to do that as Accounts can let you some limits on put the lots.

Let me know please.
  • #24
  • Feb 4, 2023 3:12am Feb 4, 2023 3:12am
Quoting Ulisesrocker
{quote} Ok but how can you perform and do 1000% ? I know is over levearage but even so, needs to be a process to do that as Accounts can let you some limits on put the lots. Let me know please.
Check my threads. My first ever thread here has the best. I was looking at chart for so long that I don't anymore see anything new there. But work is not yet done. It's just harder in this world, last years... I would recommend reading my first thread, and adding sentiment to your trading. Find your own combination and you'll see. However if you ever go from let's say 100 USD to 5k USD, go slower. Day by day... Or you'll lose it.

Price always change when sentiment is ~50%. Use my indicator for catching top/bottom. Use small SL. Done. Sounds easy? Yeah, but you'll need to get used to it.

SF
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  • #25
  • Feb 4, 2023 9:18am Feb 4, 2023 9:18am
Quoting SilentFather
{quote} Check my threads. My first ever thread here has the best. I was looking at chart for so long that I don't anymore see anything new there. But work is not yet done. It's just harder in this world, last years... I would recommend reading my first thread, and adding sentiment to your trading. Find your own combination and you'll see. However if you ever go from let's say 100 USD to 5k USD, go slower. Day by day... Or you'll lose it. Price always change when sentiment is ~50%. Use my indicator for catching top/bottom. Use small SL. Done. Sounds...
Where can I find your Sentiment indicator? is there in tradingview?
  • #26
  • Feb 4, 2023 9:38am Feb 4, 2023 9:38am
Only 2% DrawDown and 805% profit. Wicksdontlie have it's own brokerage. Do you catch it?

SRC SmartRajaConcepts Forex Trading System by Forex Trader rakeelraja (myfxbook.com)
Money moves the market, not an indicator.
  • #27
  • Feb 4, 2023 9:39am Feb 4, 2023 9:39am
Quoting Ulisesrocker
{quote} Where can I find your Sentiment indicator? is there in tradingview?
There is not. it's public on myfxbook. Main thing you should learn is my indicator if you really want.
  • #28
  • Feb 4, 2023 9:50am Feb 4, 2023 9:50am
Quoting SilentFather
{quote} There is not. it's public on myfxbook. Main thing you should learn is my indicator if you really want.
ok I checked your files, but where I can find the indicator or to learn how to create the indicator ?
Thank you so much for your replies and help, I really appreciate them.
  • #29
  • Feb 4, 2023 9:55am Feb 4, 2023 9:55am
Quoting Ulisesrocker
{quote} ok I checked your files, but where I can find the indicator or to learn how to create the indicator ? Thank you so much for your replies and help, I really appreciate them.
Should be in files. Little spoon. Blue indicator version b.
  • #30
  • Feb 4, 2023 6:37pm Feb 4, 2023 6:37pm
Quoting FXSayWhat
{quote} In 18-19 I have achieved 10% a month for 12 months straight. That’s a little over 300% over a year. That was one of the best foundations I have made in the recently years. It had me thinking many perspectives beyond what I thought I was set to achieve. Up to this day I thanked myself for putting in the work and time over the years to understand the market over, myself and most importantly, my limits. We are here for a lifelong marathon, go slow and go steady. Find your pattern, don’t listen to the nosayers, trust no one but yourself and...
FxSayWhat,
Hope you are doing great.

With all respect...

You know, I was thinking... you could do a 1000% inside a month. And you changed to go only 10% per month, so I believe in 2 things:
1: you lost your mojo.
2: you don't want to share how or mentor someone like me.

Why I think that? because, if you have the ability to go 10% each month, you can pass prop challenges and try to get the 1000% once live.
Perhaps you can fail one or two, but once you reach it with one, you will have money for the entire year and help others.

Have a nice weekend.
  • #31
  • Feb 5, 2023 3:28am Feb 5, 2023 3:28am
Quoting Ulisesrocker
which is the best strategy with the lowest drawdown and the better return ratio ? EURUSD was the Major.
I think a 94% target is an exaggerating target and even that amount of yearly return is nearly impossible to earn. So, before thinking about trading strategy, you should set your target properly.
  • #32
  • Feb 5, 2023 8:43am Feb 5, 2023 8:43am
Quoting Ulisesrocker
{quote} FxSayWhat, Hope you are doing great. With all respect... You know, I was thinking... you could do a 1000% inside a month. And you changed to go only 10% per month, so I believe in 2 things: 1: you lost your mojo. 2: you don't want to share how or mentor someone like me. Why I think that? because, if you have the ability to go 10% each month, you can pass prop challenges and try to get the 1000% once live. Perhaps you can fail one or two, but once you reach it with one, you will have money for the entire year and help others. Have a nice...
Pardon me for saying my existence on Forex Factory is one’s greatest motivation. That’s the best teaching I may give.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #33
  • Feb 5, 2023 8:55am Feb 5, 2023 8:55am
Quoting FXSayWhat
{quote} Pardon me for saying my existence on Forex Factory is one’s greatest motivation. That’s the best teaching I may give.
alright sir, thank you.
  • #34
  • Feb 5, 2023 9:00am Feb 5, 2023 9:00am
Quoting Leonardo86
{quote} I think a 94% target is an exaggerating target and even that amount of yearly return is nearly impossible to earn. So, before thinking about trading strategy, you should set your target properly.
Leonardo, thanks for your comment but I do not want that limitation. I see 3 contest on the last 3 months and a lot of people were doing more than a 100%. So I don’t want your limitations and ask yourself If you are in the correct room. Like in one book says, if you are in a room with 5 guys, and you are the one that has the highest income, you are in the wrong room.
  • #35
  • Feb 5, 2023 9:25am Feb 5, 2023 9:25am
Quoting Ulisesrocker
{quote} FxSayWhat, Hope you are doing great. With all respect... You know, I was thinking... you could do a 1000% inside a month. And you changed to go only 10% per month, so I believe in 2 things: 1: you lost your mojo. 2: you don't want to share how or mentor someone like me. Why I think that? because, if you have the ability to go 10% each month, you can pass prop challenges and try to get the 1000% once live. Perhaps you can fail one or two, but once you reach it with one, you will have money for the entire year and help others. Have a nice...

I've seen all this BS before, I think you will find, the Broker is owned and manipulated by the person, winning his own competition.
  • #36
  • Feb 5, 2023 9:38am Feb 5, 2023 9:38am
I don’t think that 94% gain a month is possible because Forex is too unpreditable market. We can run analysis to understand the flow of the market but even then we are pretty much unlikely to derive that amount of profit.
  • #37
  • Feb 5, 2023 9:42am Feb 5, 2023 9:42am
Quoting Asw
{quote} I've seen all this BS before, I think you will find, the Broker is owned and manipulated by the person, winning his own competition.
i contacted the winner through facebook as his name was the same as the competition, he only told me he was using SMC. He did not share anything else.
  • #38
  • Feb 6, 2023 2:21am Feb 6, 2023 2:21am
Quoting AbdullahBin
I don’t think that 94% gain a month is possible because Forex is too unpreditable market. We can run analysis to understand the flow of the market but even then we are pretty much unlikely to derive that amount of profit.
Even 300% is possible in week. It's just hard...
  • #39
  • Feb 6, 2023 2:24am Feb 6, 2023 2:24am
Quoting Ulisesrocker
{quote} i contacted the winner through facebook as his name was the same as the competition, he only told me he was using SMC. He did not share anything else.
It's smart money concept.
  • #40
  • Feb 6, 2023 5:44am Feb 6, 2023 5:44am
Quoting AbdullahBin
I don’t think that 94% gain a month is possible because Forex is too unpreditable market. We can run analysis to understand the flow of the market but even then we are pretty much unlikely to derive that amount of profit.
there are times when such unusual gain is possible

last year Feb24 event was an example.

I did above 100% for 3 consecutive months March, April and May but then it normalized back to average 5% per month from Jun to Dec.

Follow simple rule : "Cut Losses Short and Let Profits Run"

We shall see what major events can happen in 2023 and seize the opportunities which come our way.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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