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Attachments: 100$ -->100,000$ (period: 12 months)
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100$ -->100,000$ (period: 12 months)

  • #41
  • Jul 12, 2007 4:58am Jul 12, 2007 4:58am
Quoting smjones
Well I gotta tell ya... I want to believe... This forum alone is littered with dozens and dozens of threads that are similar to this one.. Nothing ever came of them... It would be great if you keep us updated on the progress...

It just gets more difficult to beleive after each thread comes and goes and we never hear from them again...

Good luck, and who knows, maybe you are the exception. The Thomas Edision's final light bulb... LOL

Regards
yeas i saw many of these thread here. i don't know why their thread is off there is many reasons.
I am not Thomas Edision but I have a goal like him
  • #42
  • Jul 12, 2007 5:16am Jul 12, 2007 5:16am
On july 5th 2006, I started an experiment to see whether it is possible to build some decent equity starting with minimum funds using a single strategy with modest risk. I started with a live trading a 1000 USD dollar mini-account and right now the equity is at up 12.553.17 USD.
So that is quite nice, but:

- This was an expermiment and I was more focussed on my "real" trading, so I was 100% emotionally detached (as one should be).
- Half way down the road I suffered a 45% drawdown.

So keeping it up on the same level would mean that the account would be at 144 kUSD next july, we'll see

However, this expermient made me realize that it is possible to grow a small account into big bucks with patience, diligence and emotional control. However, at a some point your balance grows to a point that it will effect you emotionally and you'll have to reduce the risk.

But starting forex with less than 1000 USD is insane and is just giving away money. But actually I think 5000USD is an absolute minimum to start.

So I'd say 100 to 100.000 is very unlikely....
  • #43
  • Jul 12, 2007 6:22am Jul 12, 2007 6:22am
everything is possible......i believe "when there's A WILL there's A WAY"
Good luck bro....i'm totally supporting you
  • #44
  • Jul 12, 2007 6:31am Jul 12, 2007 6:31am
i might say that said cenario was been given coz the fact was already met.
  • #45
  • Jul 12, 2007 7:22am Jul 12, 2007 7:22am
  •  Trader#0000
  • | Status: Unregistered Trader
Quoting BaasHarm!
On july 5th 2006, I started an experiment to see whether it is possible to build some decent equity starting with minimum funds using a single strategy with modest risk. I started with a live trading a 1000 USD dollar mini-account and right now the equity is at up 12.553.17 USD.
WOW! :surprised

I just have to ask, were you using a mechanical or discretionary method to trade? What sort of time frame?
  • #46
  • Jul 12, 2007 7:29am Jul 12, 2007 7:29am
I still say you are crazy (you did ask...lol). If you had a longer time frame or larger beginning balance to achieve the goal, maybe I could agree with you.

You crazy.....
  • #47
  • Jul 12, 2007 7:46am Jul 12, 2007 7:46am
Hi Folks and hi W-M !

First of all I have to say that criticizing one with a dream is
a sign for ones limited confidence in life despite if the dream can
be realized or not !

Secondly I have something to say to W-M :
"The biggest mistake you can make is to have goal !
Why ? Because you are not thinking and behaving like a pro now !!
The fact that you have a goal means that in the present you don't act
like the one you want to become !
So create a system that is your system.
You should test it to death and then take the opportunities the
market give you each day.
Don't think how much money you want to have next week, month or
year.
Believe in yourself and act and behave like a pro even if you only
have 100 bucks !!!
When you practice this day after day money will follow you
automatically !!
I GUARANTEE IT !!

I practice it for a longer time and my account is doing quite well...

So behave like a pro in mind and reality and be patient patient patient !!!!


Greetings and good luck

Bernhard
  • #48
  • Jul 12, 2007 7:49am Jul 12, 2007 7:49am
Quoting danegg7

hmmmm. I'm assuming you will be using very high leverage. I say you have a one in a thousand chance if any chance at all. I guess if you have a one in a thousand chance than you will break even if you blow 999 accounts and reach your goal in just one account.

you make absolutely no sense!!!!
  • #49
  • Jul 12, 2007 8:03am Jul 12, 2007 8:03am
lol. 100 to 100,000 is possible but highly not exactly as probable

probability of this working out is very low. Kinda like winning the pick 4 lottery.
100% of traders are losers. Just that some win more than they lose!
  • #50
  • Jul 12, 2007 8:04am Jul 12, 2007 8:04am
I have faith in you and wish you luck
  • #51
  • Jul 12, 2007 8:05am Jul 12, 2007 8:05am
Will be a regular visitor of your thread. And yes it's doable, not that I've done it but I've seen ppl with 20+ years experince do it occasionally. Considering your starting capital and goal you only need around 80% monthly return.


Good luck
  • #52
  • Jul 12, 2007 8:05am Jul 12, 2007 8:05am
Quoting southernmind
I still say you are crazy (you did ask...lol). If you had a longer time frame or larger beginning balance to achieve the goal, maybe I could agree with you.

You crazy.....
Time and money are enough for my goal.
  • #53
  • Jul 12, 2007 8:19am Jul 12, 2007 8:19am
WOW mate, you really reach for the sky!

Let me join the other mates here and track your performance (and, no, this time I'm not going to talk about R:R, W% or other stuff).

Wish you all of the best. I believe you can do it
  • #54
  • Jul 12, 2007 8:23am Jul 12, 2007 8:23am
Post Scriptum ^_^

Do you plan to present us with your system outlines or will it just be a journal about entries and exits?

Whichever that'll be, I'm here to watch this thread 10/7
I always like challenges
  • #55
  • Jul 12, 2007 8:26am Jul 12, 2007 8:26am
Quoting W-M
do you think that I am crazy? or this purpose is impossible ?

follow me
yes, it is possible
for example- 1k to 4,5 k in one month
4,5 k to 25 k in one month
25 k to 100 k in one month

I achieved that but up to month 3 (before month 3)

I may follow u
  • #56
  • Edited 8:35am Jul 12, 2007 8:30am | Edited 8:35am
Four days to lift-off!!!!

I really hope you can do it.
There are a lot of "apocalypse prophets" around here that as soon as somebody posts a goal like this one they jump to his throat and say things such as: "if you even make 10% on your acct after a yr. you should consider yourself lucky and be hired as a fund manager".
Then there is the naive bunch that want to believe that everything is achievable just by pure "magic" and/or "faith". "If you believe in it it will come to you", etc, etc (The "secret" guys).
Hopefully you are not part of any of these groups, and you have a plan and a working system.

Good luck in your journey.
  • #57
  • Jul 12, 2007 8:35am Jul 12, 2007 8:35am
Quoting behof
Hi Folks and hi W-M !

First of all I have to say that criticizing one with a dream is
a sign for ones limited confidence in life despite if the dream can
be realized or not !

Secondly I have something to say to W-M :
"The biggest mistake you can make is to have goal !
Why ? Because you are not thinking and behaving like a pro now !!
The fact that you have a goal means that in the present you don't act
like the one you want to become !
So create a system that is your system.
You should test it to death and then take the opportunities the
market give you each day.
Don't think how much money you want to have next week, month or
year.
Believe in yourself and act and behave like a pro even if you only
have 100 bucks !!!
When you practice this day after day money will follow you
automatically !!
I GUARANTEE IT !!

I practice it for a longer time and my account is doing quite well...

So behave like a pro in mind and reality and be patient patient patient !!!!


Greetings and good luck

Bernhard
Hello dear Bernhard
thanks alot from your post
i am glad to meet members like you here
yes, it is true that i have a goal and time for it , you say true that criticizing one with a dream is a sign for ones limited but it is useful for all to have goal. i have a goal and a plan for it. you know that it help us to work comfortable. .with 100$ and trade 0.01 if i earn 50 pips it is only 5$ maximum. it is a money that we dont accept it at all. because we dont have a weekly monthly ....
maybe i cant explain as you did but i know that you understand me about this subject
about system i have own method that works good. it can help me to touch my goal. i did a lot of test with this method and i can trust it for my trading

thanks alot for your post dear behof and excuse me if my english is poor

good luck
  • #58
  • Jul 12, 2007 8:39am Jul 12, 2007 8:39am
Quoting JimboFX
Will be a regular visitor of your thread. And yes it's doable, not that I've done it but I've seen ppl with 20+ years experince do it occasionally. Considering your starting capital and goal you only need around 80% monthly return.


Good luck
thanks dear JimboFX
hope to use your experience in my trading
  • #59
  • Jul 12, 2007 8:51am Jul 12, 2007 8:51am
Quoting Dexis
Post Scriptum ^_^

Do you plan to present us with your system outlines or will it just be a journal about entries and exits?

Whichever that'll be, I'm here to watch this thread 10/7
I always like challenges
Hi
at start i will post my positions and my daily result
about sharing of my method i decide to do it but not now.
you know better than me that my methods works for me and it just help you to have a new idea for your trading


good luck
thanks alot
  • #60
  • Jul 12, 2007 9:01am Jul 12, 2007 9:01am
Quoting W-M
Hi
at start i will post my positions and my daily result
about sharing of my method i decide to do it but not now.
you know better than me that my methods works for me and it just help you to have a new idea for your trading


good luck
thanks alot
Thank you for a quick answer.
Of course you are right about every trading system working best when personalised for particular trader

Looking forward to hearing about your trades!
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