How I Turned 1k To 100k In A Wk!!! | Page 11 | Forex Factory

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How I Turned 1k To 100k In A Wk!!!

  • #201
  • Nov 26, 2007 3:37am Nov 26, 2007 3:37am
Hey m.g.!

keep up the thread and the great trading.....

I recently started trading super-aggressive style on an old, blown-out account ($56) .... and the account as of this moment , 2 weeks later, is at $600. (about 6 trades)

What can i say? i say it's totally possible to trade 1k into 100k.

Hey! i play my best golf when the score doesn't matter! .

CJ.-
  • #202
  • Nov 26, 2007 3:50am Nov 26, 2007 3:50am
This is the saddest thread on the forum.

While the rest of us see the joke in this thread, there are still a few people who asks this clown for advice....and that is so sad that lots of "traders" are so desperate that they will follow any advice......
  • #203
  • Nov 26, 2007 4:05am Nov 26, 2007 4:05am
I am just a newbie, but I think this is the most interesting thread on the forum. iandekoker, could you please explain what the "joke" is and why we shouldn't be asking the author for advice? I went through his trading history and the quotes are legit. If it's a fraud, it's an elaborate one and worthy of discussion. If it's real, all the more reason to examine it.
  • #204
  • Nov 26, 2007 4:06am Nov 26, 2007 4:06am
Quoting iandekoker
....and that is so sad that lots of "traders" are so desperate that they will follow any advice......
Ian,

I would hardly call them traders. Just because one stares at a price chart doesn't make them a trader. I found many of the posts to be very amusing. However, my tolerance for ignorance is depleting. I am at a point where I would rather have Phil McGrew verbally assault me in 100 consecutive posts than read anymore of this novice bullshit. If I only had something else to occupy the time while in session. I really hate snapping at people - I just can't help myself.

You know, we don't really work in an industry where we can chat by the water cooler... so we end up here.

Sorry to steer the conversation off track... just rambling. OK - back to the business at hand; how is it that I can make $1,000 into $100,000 in 2 days again?
  • #205
  • Nov 26, 2007 4:25am Nov 26, 2007 4:25am
Quoting mr.marketz
I am at a point where I would rather have Phil McGrew verbally assault me in 100 consecutive posts than read anymore of this novice bullshit.
LOL, that made me laugh
  • #206
  • Nov 26, 2007 4:34am Nov 26, 2007 4:34am
See, now I feel lousy for giving off bad vibes. I am sorry.

Please let me know if I can be of any assistance.
  • #207
  • Nov 26, 2007 5:14am Nov 26, 2007 5:14am
Quoting mr.marketz
Ian,

I would hardly call them traders. Just because one stares at a price chart doesn't make them a trader.

I agree

I found many of the posts to be very amusing. However, my tolerance for ignorance is depleting. I am at a point where I would rather have Phil McGrew verbally assault me in 100 consecutive posts than read anymore of this novice bullshit.

Phil McGrew is probably just taking his frustration with the market out on you

If I only had something else to occupy the time while in session. I really hate snapping at people - I just can't help myself. You know, we don't really work in an industry where we can chat by the water cooler... so we end up here.

Sorry to steer the conversation off track... just rambling. OK - back to the business at hand; how is it that I can make $1,000 into $100,000 in 2 days again?
i made $100 000 000 000 last week. i took $10 and converted into zimbabwian dollars.....see i can do it without any indicators
  • #208
  • Nov 26, 2007 5:19am Nov 26, 2007 5:19am
Quoting reedlaw
I am just a newbie, but I think this is the most interesting thread on the forum. iandekoker, could you please explain what the "joke" is and why we shouldn't be asking the author for advice? I went through his trading history and the quotes are legit. If it's a fraud, it's an elaborate one and worthy of discussion. If it's real, all the more reason to examine it.
The joke is you CANNOT turn 1K into 100K in a week.

but dont take my word for it. Rather follow this thread for a week and after a week you tell me if it is possible.......
  • #209
  • Nov 26, 2007 5:38am Nov 26, 2007 5:38am
Why can't you turn 1K into 100K in a week? I am just a beginner and I turned 1K into 2K in a few weeks in a demo account. How is it mathematically impossible to do this feat?
  • #210
  • Nov 26, 2007 6:22am Nov 26, 2007 6:22am
Quoting reedlaw
Why can't you turn 1K into 100K in a week? I am just a beginner and I turned 1K into 2K in a few weeks in a demo account. How is it mathematically impossible to do this feat?
Well I am a bit of a biginner too, although holding on to a live account for over a year, but... mathematically it is possible to turn 1K into 100K... Thats the bottom line. The veterans think it's a joke because they know THEY can't do that, and so they suspect, or know, that nobody else can either. The odds are against it of course, but hey, if the Genie says he did it, then I am happy for him... It never hurt anyone to do a little dreaming, right?
  • #211
  • Nov 26, 2007 6:56am Nov 26, 2007 6:56am
Quoting toshi
M-Genie,

Anyway, I want ask you a question. I wish to be completely honest
and tell you I do not understand the Laguerre indicator, or even how
to use it effectively. You seem to have it on your charts frequently.
It must be helpful to you and I'd assume you probably understand it.

How does it actually work ?

P.S. if you don't hurry up and lose that money soon, your gonna owe alot of taxes bro.
Toshi, the Laguerre indicater does not come with metatrader but can be found throughout the forum. A good thread to start looking to understand the Lags is this, Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
http://www.forexfactory.com/showthread.php?t=48926

You can download the lag indicaters from there, or elsewhere, and read the thread on how to use them, although M-Genie may have slightly different settings, I don't know. I use gamma setting .65 on lag1, and .85 on lag2 then buy or sell on crossover of the .15 or .85 line
  • #212
  • Nov 26, 2007 8:27am Nov 26, 2007 8:27am
You might be a redneck ummm I mean a newbie if:

You believe 1k into 100k is really probable, not just possible

You believe so because you have done it already on demo

Or you know someone who knows someone who........

You think that reality TV is reality.

A lot of aspiring traders like lists. Well this one could be never ending.

Nothing wrong with being a newbie. We all start out as one. On demo we are king of the world. But when you trade real money it is best to believe very little and follow your own path.
  • #213
  • Nov 26, 2007 8:48am Nov 26, 2007 8:48am
Quoting iandekoker
The joke is you CANNOT turn 1K into 100K in a week.

but dont take my word for it. Rather follow this thread for a week and after a week you tell me if it is possible.......
When you use the word "CANNOT" guess how many are going to try to prove that it can be done? You added more fuel into the fire. The newbie who wrote after you is talking about how he doubled his demo account. You chose the wrong words to make a point.

I can not turn 1k into 100k in a week this is for sure but perhaps someone else can. As I see it, it takes GBP/JPY and a gamblers mentality (double or nothing). Perhaps one day I will challenge myself and see what I can make during a week. I am bored so that day may come sooner than I think.

Tell me why do you trade in the forex market? Is it the dream of making money? Perhaps you heard that someone else made money and it inspired you to try it for yourself. What ever the reason was small stories like this "How I turned 1K into 100K in a week" in any business field serve their purpose, they inspire. Nothing wrong in that even if you end up loosing. In the end very few have the nerve to trade this market, do you not agree. You might argue that stories like this give the wrong picture but anyone who has a healthy dose of common sense is able to form their own opinion. Joke or not nothing is impossible, it is only a question of how much are you willing to loose.
  • #214
  • Nov 26, 2007 9:05am Nov 26, 2007 9:05am
Well, the reality is that you can double your account in an hour, given the right leverage and market.

So, everything the guy says makes sense, whether you THINK it does or not.

He already said it only happens a few weeks out of the year. What is so unbelievable about that? There are probably 45 weeks the guy is blowing his $1,000 account. Think about that for a minute. Those are a hell of a lot of blown accounts.

So doing striking gold rarely is absolutely possible.
  • #215
  • Nov 26, 2007 9:30am Nov 26, 2007 9:30am
Hi Folks !

Mysticgenie you know well how to play the game
Imransait would be proud of you !!
You see its achievable.....
I'm following my system which produces minimum 2% per day.
Make your calculation and tell me what youi can achieve in 18 months
with a starting capital of 1000 $ !!

Forex is not a race; consistancy is king !!

Happy trading

Bernhard
  • #216
  • Nov 26, 2007 10:02am Nov 26, 2007 10:02am
Quoting iandekoker
The joke is you CANNOT turn 1K into 100K in a week.

but dont take my word for it. Rather follow this thread for a week and after a week you tell me if it is possible.......
YOU cannot, I can't but maybe someone did, i dont know...

It is mathematicaly possible to turn 1K into 100K in a week and even higher.

All you need is a 1500 unwind on GY and good leverage (let's start with a honest 1:200 )

So you start @ point 0 when the unwind start with 2 lots (we will forget margin call here for 2 sec)

Immediatly, your position turn positive.

Every 70 pips, you have enough margin to open one more lot for the first position and each 140 pips for the subsequent lots.

At the end of the unwind you should have a wooping 1500*2+1430+1360+1290+1220+1150+1080+1010+
940+870+800+730+660+590+520+450+380+310+240+170+
100+30+
1290+1150+1010+870+730+590+450+310+170+30+
1220+1080+940+800+660+520+380+240+100+
1150+1010+870+730+590+450+310+170+30+
1080+940+800+660+520+380+240+100+
1010+870+730+590+450+310+170+30+
940+800+660+520+380+240+100+
870+730+590+450+310+170+30+
800+660+520+380+240+100+
730+590+450+310+170+30+
660+520+380+240+100+
590+450+310+170+30+
and i'll stop here because i'm tired and i'm pretty sure we have much more than the necessary 100k here (in fact we are probably close to 600K at the end of the calculation including the negative swap)

Ho by the way, this 1500pips unwind could occur in less than a week, so that is plenty of time to turn this 1K into 1M within the next week...
  • #217
  • Nov 26, 2007 10:30am Nov 26, 2007 10:30am
Quoting iandekoker
The joke is you CANNOT turn 1K into 100K in a week.

but dont take my word for it. Rather follow this thread for a week and after a week you tell me if it is possible.......

I am still looking for a post where you are positive and supportive. If you disagree with something, can you be less aggressive with your postings.
  • #218
  • Nov 26, 2007 3:20pm Nov 26, 2007 3:20pm
Gotta be correct cos it is certainly possible to turn 10,000 into 100 in a short space of time !!!!!
If we aren't supposed to eat animals..... why are they made out of meat??
  • #219
  • Nov 26, 2007 9:41pm Nov 26, 2007 9:41pm
This seems as good a thread as any to ask this question - how do you (MysticGenie) use the DeMark line indicator? I have read about Tom DeMark and have wanted to try his methods since they match the way I tend to trade, but I haven't had a chance yet.

Do the red and blue circles serve the same purpose as the TD Setup and TD Countdown numbers? Do you take trades when only one arrow appears, or two? Does Lag serve as a filter for the DeMark indicator?

I don't think I have the bankroll to take your kind of risk, but if someone can make the impressive returns shown here with crazy MM, then a reasonable MM strategy should produce reasonable returns with minimal drawdown.
  • #220
  • Edited 12:05pm Nov 27, 2007 11:03am | Edited 12:05pm
Hello All,

Fascinating thread that I’ve read from start to finish with interest!

I’d like to ask a question about the indicators you use and included on an earlier post. Thanks mysticgenie.

I’ve installed them in MT4 but the ‘DeMark Lines.mq4’ one, I seem to have a problem with. The comments/text that are displayed in the top left of the chart only flashes up for a short time. As soon as the next tick comes in the comments disappear too fast for me to read!

Is there an updated version or something I am doing wrong? Also is there a post anywhere or thread that explains the use of the Demark indicator along with all the parameter settings? It was mentioned somewhere about the Mouteki thread but I can’t find specifically that indicator mentioned there.

Appreciate any help from anyone.

Thanks,

EDIT - worked out the prob. The CandleTime.mq4 was overwritting the comment. You can't have both on at the same time.
But is there anywhere that expalins the usage and interpretation of the DEmark Lines.mq4?
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