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My Trade Journey from $20 - $20k ... Wish Me Luck 0 replies

$70 to 20K Sprint 31 replies

Is double your money in a short time possible? (Highrisk=Highreturn ). Let's discuss! 50 replies

Going long term (6 weeks abouts), Short on AUD/USD 1 reply

Is it possible to make 20k to 70k in short time (7 weeks)?

  • #21
  • Jun 17, 2008 7:24am Jun 17, 2008 7:24am
Quoting Bemac
If you have been doing this for Two Years & yet, still have to ask this question; Trading is Probably Not For You. Unless you want to make some Other Guy who couldn't do it {on his own} (Failed but says he didn't...) Rich by giving him Your HEC {Hard Earned Cash} , I would suggest you are possibly 25% up the "Learning Curve"

My Suggesetion... Save YOUR Money !
yes i am in forex 2 year but i see this trades only in demo account not real account i never can risk with real money.
  • #22
  • Jun 18, 2008 8:01am Jun 18, 2008 8:01am
now any one have good way or strategic to trade like that man?
  • #23
  • Jun 18, 2008 11:21am Jun 18, 2008 11:21am
Quoting Jay Walker
Well, we could but who would want to share that?
maybe honest traders
  • #24
  • Jun 18, 2008 11:40am Jun 18, 2008 11:40am
Quoting jimo
maybe honest traders
hi Jimo
please send me more info with Private Messages
waiting...
SPEED SPEED SPEED
  • #25
  • Jun 19, 2008 5:11am Jun 19, 2008 5:11am
Quoting ali_ekrami
hi Jimo
please send me more info with Private Messages
waiting...
i had only his email and his personal weblog . can i share his weblog here?FF administrator allow? i will ask him about sharing his info then will send you private message.
  • #26
  • Jun 19, 2008 9:06am Jun 19, 2008 9:06am
Quoting jimo
i had only his email and his personal weblog . can i share his weblog here?FF administrator allow? i will ask him about sharing his info then will send you private message.
ok jimo
i am waiting for your answer
SPEED SPEED SPEED
  • #27
  • Jun 19, 2008 9:38am Jun 19, 2008 9:38am
It is possible With
No money management.
Atlest 2 to three year experiance including Account blowing.
Simple stratergy.
Mind control.
Start with just 500 to 1000$ account.
Trade without fear of loose.
Perfect entry spot's
if account rise to 50000 Withdraw all and start again with 1000$
There is one thread where that person turn 1000$ to 125000 In 7 day's
http://www.forexfactory.com/showthre...=56670&page=90
  • #28
  • Jun 19, 2008 9:58am Jun 19, 2008 9:58am
With in my first year of trading I had a trade that made $12000 in under 10 minutes where my account size itself was $23000

You will go through these experiences and realize this is nonsense before you become consistent. You need to get past these hypes to become a real trader.

Not sure why you are wondering about these possibilities after 2 years of trading experience.

Again, this realization alone does not make you a great trader (like I am not ) You need to develop positive mind control from that point.

Wish you the best

TradeStar
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #29
  • Jun 25, 2008 8:07am Jun 25, 2008 8:07am
Quoting ramdas
It is possible With
No money management.
Atlest 2 to three year experiance including Account blowing.
Simple stratergy.
Mind control.
Start with just 500 to 1000$ account.
Trade without fear of loose.
Perfect entry spot's
if account rise to 50000 Withdraw all and start again with 1000$
There is one thread where that person turn 1000$ to 125000 In 7 day's
http://www.forexfactory.com/showthre...=56670&page=90
yes man i know all these
working forex with small amount is better than big amount but i know there ar some humans working with news and government strategic and economic this person is one of them. he is working in one of international bank and thats why he made these amounts and grow his money daily and daily.
  • #30
  • Jun 25, 2008 8:39am Jun 25, 2008 8:39am
Quoting ali_ekrami
ok jimo
i am waiting for your answer
sent message
please check your inbox
  • #31
  • Jun 25, 2008 10:24am Jun 25, 2008 10:24am
Oh for crying out loud
"now any one have good way or strategic to trade like that man?"

Sure. Trade with the trend, buy on a dip, don't use a stop loss and gamble your whole account on each trade. But you can't seriously have been trading for 2 years and not even considered probabilities can you?
  • #32
  • Jun 26, 2008 8:21am Jun 26, 2008 8:21am
Quoting triphop
Oh for crying out loud
"now any one have good way or strategic to trade like that man?"

Sure. Trade with the trend, buy on a dip, don't use a stop loss and gamble your whole account on each trade. But you can't seriously have been trading for 2 years and not even considered probabilities can you?
yes you ar right trade with high risk is gamble
his weblog is http://financefx.blogspot.com you can talk him .
i want follow him.
  • #33
  • Jun 27, 2008 6:50pm Jun 27, 2008 6:50pm
Really Jimo, I think you are him, because what are the chances of both of you having a poor command of English language ("I know forex market 3 years ago i was focus") , a shaky grasp of trading and being impressed by someone who publishes their financials for 3 months rather than their pips? Pathetic.
  • #34
  • Jun 27, 2008 7:01pm Jun 27, 2008 7:01pm
Quoting hanover
The question is: can it be done consistently? 20k to 70k is 250% gain in 7 weeks. Compound that for a year, and (at least theoretically) you'd own half the world in just a few years. The best traders that I know of aim for anything between 30% and 100% in a year (but they also have months, and even years, when they lose money).
I find it funny that people often cite this as de facto proof that nobody could generate these types of returns on a consistent basis. However, your logic is flawed.

There are traders out there who are capable of 250% returns in 7 weeks on a SMALL account consistently. The reason they would be unable to sustain that type of return for a long period of time is because of liquidity issues. Try getting in a out of 1000-2000 lot positions. The forex market is liquid, but not that liquid. Therefore, it would be impossible for them to own the world.
  • #35
  • Jun 27, 2008 7:12pm Jun 27, 2008 7:12pm
Quoting aegis
I find it funny that people often cite this as de facto proof that nobody could generate these types of returns on a consistent basis. However, your logic is flawed.

There are traders out there who are capable of 250% returns in 7 weeks on a SMALL account consistently. The reason they would be unable to sustain that type of return for a long period of time is because of liquidity issues. Try getting in a out of 1000-2000 lot positions. The forex market is liquid, but not that liquid. Therefore, it would be impossible for them to own the world.
I agree 100%, this has been my stance on this topic all along, good to see someone else thinking outside the box
  • #36
  • Jun 27, 2008 7:18pm Jun 27, 2008 7:18pm
well paul rotter made millions over and over daytrading...

in and out every few seconds....

he had a horrible losing streak and almost called it quits, but came back and hit another profitable streak.


whether or not liquidity is ever a concern is almost comical.... your best traders have lucky and unlucky periods in spite of their tactics, intuition, and technology they use.... so even if 250% every few months is possible, what makes you think YOU are going to do that?

i mean, it reminds me of a girl i used to work with, saying she was going to be a billionaire because oprah winfrey was one. give me a break.
  • #37
  • Jun 27, 2008 7:21pm Jun 27, 2008 7:21pm
Quoting tdion
well paul rotter made millions over and over daytrading...

in and out every few seconds....

he had a horrible losing streak and almost called it quits, but came back and hit another profitable streak.


whether or not liquidity is ever a concern is almost comical.... your best traders have lucky and unlucky periods in spite of their tactics, intuition, and technology they use.... so even if 250% every few months is possible, what makes you think YOU are going to do that?

i mean, it reminds me of a girl i used to work with, saying she was going to be a billionaire because oprah winfrey was one. give me a break.
To say or think that you can't and doubt yourself means you never will.
  • #38
  • Jun 27, 2008 7:25pm Jun 27, 2008 7:25pm
and to say that "you will" doesn't mean a thing... you can go broke in the process.

Quoting fxRichard
To say or think that you can't and doubt yourself means you never will.
  • #39
  • Jun 27, 2008 7:32pm Jun 27, 2008 7:32pm
Quoting tdion
and to say that "you will" doesn't mean a thing... you can go broke in the process.
It's the same as trading, you will never make money trading if you never make a trade, just as you will never make phenomenal returns if you don't try. Your odds of success are much higher this way. My point is it's a state of mind, this is the reason losers hang out with losers and winners hang out with winners, very rarely do you see the two mixed.
  • #40
  • Jun 27, 2008 7:36pm Jun 27, 2008 7:36pm
where do realists fit in?

that with no definable edge, a person can get lucky for a few months, then do poorly for a few.... all the while forking out swaps and spreads....

and that a person can spend their life searching for an edge, and never get one...

these are the things to think about when approaching this endeavor... that reading Forex Made Easy or going to Baby Pips won't guarantee a single green pip.

ps) the thing about losers hanging out w/ losers and winners w/ winners.... to me, its about who the SMARTEST traders are and how lucky they get....

Quoting fxRichard
It's the same as trading, you will never make money trading if you never make a trade, just as you will never make phenomenal returns if you don't try. Your odds of success are much higher this way. My point is it's a state of mind, this is the reason losers hang out with losers and winners hang out with winners, very rarely do you see the two mixed.
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