10% a month Will be my aim | Forex Factory

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10% a month Will be my aim

  • #1
  • First Post: Edited Apr 24, 2007 10:10am Apr 23, 2007 5:36pm | Edited Apr 24, 2007 10:10am
there is a sucessful trader from jamaica caleld David Smith that gaurantees 10% ROI every month. he never had a losing month he has great experience working with several banks before.

THis is a proven fact.

now, i want to do this just like David. 10% roi every month.

gonna aim for 10 pips for every 1 lot per 10,000 evey day. that should give me 10% a month. I will compound only every 2 months.

everyday i see 10 pips and greater trades. I am gonna do it. I AM!!! FIXED INCOME FOREX!
  • #2
  • Apr 23, 2007 5:38pm Apr 23, 2007 5:38pm
Good luck! May the pips be with you!!!



D.
  • #3
  • Apr 23, 2007 5:40pm Apr 23, 2007 5:40pm
just follow your rules and you will succeed.......
Same Whore .... Different Dress
  • #4
  • Apr 23, 2007 5:46pm Apr 23, 2007 5:46pm
Quoting johnedoe
just follow your rules and you will succeed.......
thank you
  • #5
  • Apr 23, 2007 6:26pm Apr 23, 2007 6:26pm
Quoting don perry
there is a sucessful trader from jamaica caleld David Smith that gaurantees 10% ROI every month. he never had a losing month he has great experience working with several banks before.

THis is a proven fact.

now, i want to do this just like David. 10$ roi every month.

gonna aim for 10 pips for every 1 lot per 10,000 evey day. that should give me 10% a month. I will compound only every 2 months.

everyday i see 10 pips and greater trades. I am gonna do it. I AM!!! FIXED INCOME FOREX!
Mind sharing what system he use?
  • #6
  • Apr 23, 2007 6:30pm Apr 23, 2007 6:30pm
i'm gonna take a shot at the AUD cpi
  • #7
  • Apr 23, 2007 6:57pm Apr 23, 2007 6:57pm
Quoting jaree
Mind sharing what system he use?
He wont share it with anyone, he just laughs.

he is responsible for the jamaican stock market poor performance and also the Banks suffering from lack of investment.

Banks are begging people to invest down here.
  • #8
  • Apr 23, 2007 8:55pm Apr 23, 2007 8:55pm
if we work 20 days a month that will make 0.5% a day....0.1% in 5 hour? 0.02% an hour? looks small isn't it.....

10% nett without the draw down? that is great.
  • #9
  • Apr 23, 2007 9:00pm Apr 23, 2007 9:00pm
when I stick to my rules I manage 1 -2% per day.
Same Whore .... Different Dress
  • #10
  • Apr 24, 2007 12:06am Apr 24, 2007 12:06am
john doe, what are your rules like?
  • #11
  • Edited 10:25am Apr 24, 2007 12:41am | Edited 10:25am
obey my indicators, trade with the dominant trend, when in doubt stay out, (there will always be another opportunity), don't try to get revenge, don't be greedy.....Don't overtrade.
Same Whore .... Different Dress
  • #12
  • Apr 24, 2007 12:41am Apr 24, 2007 12:41am
I entered a short on gbpjpy and eurjpy based on fib retracement. Got 24 pips total -spread.

total YTD: 12 pips. & up 0.47 %

i am taking small profits from high probability trades. that way my SL when they get hit will not hurt as much.
  • #13
  • Apr 24, 2007 12:53am Apr 24, 2007 12:53am
thats a good start.....just like shampoo....wash, rinse, repeat....
Same Whore .... Different Dress
  • #14
  • Apr 24, 2007 1:05am Apr 24, 2007 1:05am
Quoting johnedoe
thats a good start.....just like shampoo....wash, rinse, repeat....
LOL!
  • #15
  • Apr 24, 2007 1:20am Apr 24, 2007 1:20am
Quoting don perry
there is a sucessful trader from jamaica caleld David Smith that gaurantees 10% ROI every month. he never had a losing month he has great experience working with several banks before.

THis is a proven fact.

now, i want to do this just like David. 10$ roi every month.

gonna aim for 10 pips for every 1 lot per 10,000 evey day. that should give me 10% a month. I will compound only every 2 months.

everyday i see 10 pips and greater trades. I am gonna do it. I AM!!! FIXED INCOME FOREX!

Don,

Good luck! It's entirely possible because I've managed that goal and a little better now for about 8 months straight. Keep to your guns and don't over do it and the returns will come!

GirlFlyer
  • #16
  • Apr 24, 2007 10:08am Apr 24, 2007 10:08am
I think overdoing it have had it days with me. I'm now looking for a profit then close for the day.
  • #17
  • Apr 24, 2007 10:22am Apr 24, 2007 10:22am
Don't be greedy.

Good luck
Trade what you see, not what you think.
  • #18
  • Apr 24, 2007 10:26am Apr 24, 2007 10:26am
All the best on your trades, don perry.
Tra-X
  • #19
  • Apr 24, 2007 10:26am Apr 24, 2007 10:26am
Quoting johnedoe
obey my indicators, trade with the dominant trend, when in doubt stay out, (there will always be another opportunity), don't try to get revenge, don't be greedy.....Don't overtrade.
remember the rules
Same Whore .... Different Dress
  • #20
  • Apr 24, 2007 10:43am Apr 24, 2007 10:43am
Quoting don perry
i am taking small profits from high probability trades. that way my SL when they get hit will not hurt as much.
Just a couple of things to notefrom the above:

1. i am taking small profits. Why only small profits?

2. high probability trades What are these things?

3. that way my SL when they get hit will not hurt as much Seems as though you are fatalistic.

I will watch your trades with interest...

.
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