Turning US$300 into $10k in a month... is it possible? | Forex Factory

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Turning US$300 into $10k in a month... is it possible?

  • #1
  • First Post: Sep 20, 2008 5:41am Sep 20, 2008 5:41am
would you believe it is possible??

if yes, how?

if no, why not?
There's a POT of GOLD at the END of the RAINBOW!!
  • #2
  • Sep 20, 2008 7:55am Sep 20, 2008 7:55am
By doing less, We can gain more...
  • #3
  • Sep 20, 2008 8:15am Sep 20, 2008 8:15am
It's very possible.

But, there is no consistent way to do it.
  • #4
  • Sep 20, 2008 9:01am Sep 20, 2008 9:01am
I think it is possible too...

it's not a matter of how to do it, but how to manage our own self....

to control the greed inside while doing a predetermined set of trading plan on a disclipined way.....
There's a POT of GOLD at the END of the RAINBOW!!
  • #5
  • Sep 20, 2008 9:43am Sep 20, 2008 9:43am
The question isnt if its possible, its 'is it probable?'.

And the answer from the majority would be 'no'.

Leon
Living the adventure in my head.
  • #6
  • Sep 20, 2008 9:44am Sep 20, 2008 9:44am
I say possible! or, at least, THEORICALLY possible

But pratically, not soo much.
  • #7
  • Edited 10:34am Sep 20, 2008 10:07am | Edited 10:34am
Bemac#I_NeedYourMoney.joke

Just thought I would get in first to let you know where to send your Excess Funds after you have made your 3,300% in a month.

Maybe you will make that money & for that I wish you well. But, if Hari.. has the capacity to accomplish this, Why does S/He want to share it with you?

{hairs on the back of my neck bristling at the possibility of (yet another) 'I cracked the market this week' thread.}
  • #8
  • Sep 20, 2008 10:34am Sep 20, 2008 10:34am
Quoting haribon2008
would you believe it is possible??

if yes, how?

if no, why not?
The day you come back to this post and realise how ridicoulos your questions are will be a big day in your trading career (if that day ever comes).
Stubbornly persistent
  • #9
  • Sep 20, 2008 10:38am Sep 20, 2008 10:38am
come on, i think this thread is something like a joke, don't judge him because a joke!

Anyway, why don't we make a forexfactory demo-contest with oanda? Starting amount: 300usd
Time: 1 month
Target: 10k

I think somebody can accomplish
  • #10
  • Sep 20, 2008 10:42am Sep 20, 2008 10:42am
Quoting tunera
come on, i think this thread is something like a joke, don't judge him because a joke!

Anyway, why don't we make a forexfactory demo-contest with oanda? Starting amount: 300usd
Time: 1 month
Target: 10k

I think somebody can accomplish
Cool:
Bemac tosses his hat in the ring...10K Maybe, but then I would be astonished.

Merlin, this could add justification to 1K.
Can you setup a Test Fund with one of the Sponsers?
No analysis Posting reqd. Simply based on Balance @ end of period.
  • #11
  • Edited 1:08pm Sep 20, 2008 12:38pm | Edited 1:08pm
why demo trade then? it's only $300 we're betting eh!

let's make it live so as to really know what will be the result when trading systems, psychological test
and money management comes into effect when doing real money plays....

any takers??

btw, can you open a demo account that will give $300 initial amount??
There's a POT of GOLD at the END of the RAINBOW!!
  • #12
  • Sep 20, 2008 12:49pm Sep 20, 2008 12:49pm
if someone turned 3k into 45k in a month, 300 to 10k is very possible

see statement attached from king of the mini competiton
Attached File(s)
File Type: pdf 1st place_aug 2008.pdf   32 KB | 710 downloads
  • #13
  • Sep 20, 2008 2:46pm Sep 20, 2008 2:46pm
Quoting Xenaga03
if someone turned 3k into 45k in a month, 300 to 10k is very possible

see statement attached from king of the mini competiton
Yeah, that's what i was talking about, it is possible, BUT:

To do it, you must have a big experience, and know HOW TO trade.

Then, you should forget money/risk management rules, and trade as best as you can.

But i think, that every 100 people, only one have the basis and the experience necessary to do it. It is no luck or something else, is very very good trading, and not many people can do it.
  • #14
  • Sep 20, 2008 5:25pm Sep 20, 2008 5:25pm
Quoting Xenaga03
if someone turned 3k into 45k in a month, 300 to 10k is very possible

see statement attached from king of the mini competiton
Impressive mental stamina to do this feat.
  • #15
  • Sep 20, 2008 5:38pm Sep 20, 2008 5:38pm
Quoting haribon2008
why demo trade then? it's only $300 we're betting eh!

let's make it live so as to really know what will be the result when trading systems, psychological test
and money management comes into effect when doing real money plays....

any takers??

btw, can you open a demo account that will give $300 initial amount??
I'm up for that. Let's send Merlin $300.00 real and ask him to open 2 accounts.
1 Month from now YOURS will be at $10,000.00 and mine will be (hopefully) somewhere > $300.00.
No Doubt you will accept this challenge as you have already displayed that Your Strat cannot fail.

  • #16
  • Sep 20, 2008 8:56pm Sep 20, 2008 8:56pm
nope, i did not mention any strats here or wherever that will work or not....and i don't have much experience yet though.

i am only asking anybody if this feat is possible, but i am inclined to try it as well.

who's Merlin btw? i may need to know more of the possible scenarios and consequences of entering into such test...

and that admittedly i'm still lacking the knowhow.
There's a POT of GOLD at the END of the RAINBOW!!
  • #17
  • Edited 9:54pm Sep 20, 2008 8:58pm | Edited 9:54pm
I turned $200 into $20k in two weeks around the same time genie turned $1k into $100k.

I did it on GBPJPY starting on November 7, 2007, using tkimble's daily scalping method, and very dangerous MM. (4 losses in a row would wipe me out)

You'll note that the average bar moved more than 150-200 pips each day peaking at 500 pips.
  • #18
  • Sep 20, 2008 9:50pm Sep 20, 2008 9:50pm
we'll if there is truth on that claim, then there is no reason to ask if 300 can be turned into 10k in a month as it was dwarfed already.

anyway, i still need to see or do it personally before i can say that it can be done.

thanks for the reply folks, keep on happy pippin!
There's a POT of GOLD at the END of the RAINBOW!!
  • #19
  • Sep 21, 2008 10:31am Sep 21, 2008 10:31am
i've done it. but pretty easy to get a margin call if you want to do that strategy.

actually, less than a month. turned 4k to 54k in 3 weeks and lost most of it.
  • #20
  • Sep 21, 2008 11:39am Sep 21, 2008 11:39am
Quoting haribon2008
anyway, i still need to see or do it personally before i can say that it can be done.
Your asking the wrong question. Its not IF its possible to do it, its can YOU do it?
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