Have you ever turned $250 into an account > $1000 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A Different Kind Of Challenge - From 1000 to >1000 0 replies

Let's Go Down Memory Lane, Your First Account You Ever Blew 19 replies

Made 1000% or more/Day ever? > Brag here 24 replies

Have you ever blown an account? (Poll) 3 replies

have you ever have problem with Crown? 57 replies

Attachments: Have you ever turned $250 into an account > $1000
Exit Attachments

Have you ever turned $250 into an account > $1000

  • #1
  • First Post: Mar 3, 2008 10:33pm Mar 3, 2008 10:33pm
Is there someone here who have turn a $250 account into$1000 or more.
  • #2
  • Mar 3, 2008 10:43pm Mar 3, 2008 10:43pm
Some one here truned 1,000 to 100,000 in a week...... Thats was with no mm....
  • #3
  • Mar 3, 2008 10:53pm Mar 3, 2008 10:53pm
Quoting M-H Trader
Some one here truned 1,000 to 100,000 in a week...... Thats was with no mm....
i guess you're a great trader.
  • #4
  • Mar 3, 2008 10:57pm Mar 3, 2008 10:57pm
i just went live last sunday and turned 2.5k into 10k if that counts, I have risky MM but I it's ok because I am 18 and have no one to support. I am extremely patient and wait for the right trades
  • #5
  • Mar 3, 2008 11:02pm Mar 3, 2008 11:02pm
Quoting samdelgado
i just went live last sunday and turned 2.5k into 10k if that counts, I have risky MM but I it's ok because I am 18 and have no one to support. I am extremely patient and wait for the right trades
you give me hope.
  • #6
  • Mar 3, 2008 11:31pm Mar 3, 2008 11:31pm
Quoting nadz
you give me hope.
you give me cookie?
  • #7
  • Mar 4, 2008 2:10am Mar 4, 2008 2:10am
2 years ago, I turned a mere 50 USD investment into 5-figure winning in Financial Fixed Odds Forex betting.

That should give you some hope as well.

Research, learn and adapt. You will do well in the Forex markets.

Good luck.
  • #8
  • Mar 4, 2008 2:46am Mar 4, 2008 2:46am
Quoting nadz
Is there someone here who have turn a $250 account into$1000 or more.
2 years ago I turned some 255$ into 2500+ and than I lost it again
  • #9
  • Mar 4, 2008 3:08am Mar 4, 2008 3:08am
Not too hard if you have a high success rate.
I turned 200$ into 800$ in about 2 weeks trading 1 mini lot every time.
Was not even that risky.
  • #10
  • Mar 4, 2008 3:30am Mar 4, 2008 3:30am
You don't need a high success rate.

Regards - Xaron
  • #11
  • Mar 4, 2008 4:32am Mar 4, 2008 4:32am
It's possible but not everyone can do it.
Trade what you see, not what you think.
  • #12
  • Mar 4, 2008 4:37am Mar 4, 2008 4:37am
Try using a decreasing MM risk percentage. Start with a small amount of money and a high risk %, like 30%, and move lower as your balance increases until you're trading with $5k or $10k and 2% risk. As long as your system doesn't suffer too many losing trades in a row, you're good. Risky, but if you're only playing with $250 or $500... a complete blow-out isn't really going to matter.
  • #13
  • Mar 4, 2008 5:20am Mar 4, 2008 5:20am
Of course you need a good success rate.
If you start with 200$ and lose 4 trades in a row with a 30 pips stop you lost more than half of your moneey. I only have a losing trade ever 10-20 trades.
  • #14
  • Mar 4, 2008 5:31am Mar 4, 2008 5:31am
Of course you don't need a high success rate. If you use microlots it takes more than 4 trades with a stop of 30 to halve your account.

Regards - Xaron
  • #15
  • Mar 4, 2008 6:17am Mar 4, 2008 6:17am
It will take much longer. If you think that way you can simply ask.
Is it possible to get a 400% return? Sure buy bonds and get 3% anual return year after year. After decades you'll get your 400%.
  • #16
  • Mar 4, 2008 6:47am Mar 4, 2008 6:47am
I turned £200 into about £500 in 3 days. Of course, with the kind of rubbish money management you would expect, I lost it just as quickly. All it needs is a couple of bad trades, when you're risking everything, and you're doomed.

But can you turn £100 into £1,000,000? The answer is yes; providing you have a good system of MM and good discipline, with a good trading methodology, over the space of maybe 500 years (give or take 100 years), you should hit your target.
The market reveals who we really are...
  • #17
  • Mar 4, 2008 7:20am Mar 4, 2008 7:20am
Quoting shadowninja
I turned £200 into about £500 in 3 days. Of course, with the kind of rubbish money management you would expect, I lost it just as quickly. All it needs is a couple of bad trades, when you're risking everything, and you're doomed.

But can you turn £100 into £1,000,000? The answer is yes; providing you have a good system of MM and good discipline, with a good trading methodology, over the space of maybe 500 years (give or take 100 years), you should hit your target.
that's how long it will take?
  • #18
  • Mar 4, 2008 7:37am Mar 4, 2008 7:37am
1% rule. Assuming every trade is a success.

£100 means you only risk £1. Now assuming a 2:1 Reward:Risk, every trade gets you £2. Let's say you do one a day... It'll take you 50 working days to double your account. That's approx 2 months per £100. Now in theory you could now risk £2. You can see it will take a while. Maybe not 500 years but it isn't going to happen quickly.

My personal plan for World Domination is to trade with a small amount, then slowly introduce more money to my account, to a point where (1) I am consistently profiting (drawdowns included) and (2) I can earn a reasonable living. (I don't know if I've conquered myself yet so why let the markets prove it to me that I haven't.)
The market reveals who we really are...
  • #19
  • Mar 4, 2008 11:31am Mar 4, 2008 11:31am
Hopefully i will have completed this task within a few weeks, if everything goes my way that is....

I started a little test with gridtrading(EUR/USD) on feb 27th. Starting balance was $253, and currently the balance is $407,86.

let see what happens...
Liberate me ex inferis
  • #20
  • Mar 4, 2008 1:04pm Mar 4, 2008 1:04pm
nice..dont do it in a rush..and you'll be there.Good luck mate

mine not from 250..but from 500$ back then when my first year of trading ( sst..it's after blowing a 30k account ) then it grow up to 4500ish in a year and half.After comfort, then i open my standard account again.Lol that was a heavy time for that 30k acc.But im here now btw.

Quoting Ronyn76
Hopefully i will have completed this task within a few weeks, if everything goes my way that is....

I started a little test with gridtrading(EUR/USD) on feb 27th. Starting balance was $253, and currently the balance is $407,86.

let see what happens...
0 traders viewing now