Think this will help others to self organize or... selfdestruct...who knows...
I found this very usefull tool!
DanPa
I'm averaging 15-20% per month. I'm managing to have more giant wins to raise that number. I'm targeting for average 20-22% per month for next year. Just working on my weaknesses.
I believe 15% per week, specially do that in a certain routine, it's unreachable. I have weeks with gain over 20%, but in average, I didn't experience no such a thing.
Guys, don't wake up your greed with this numbers ! it's just numbers !
anyway, who wrote that ?!
There was a time that I thought I'm special !! with unique capabilities in this market ... I believed it was easy to earn money in it. when I came across these kind of numbers, I said to myself "it's reachable ! why not ?!". I doubled my account in just 8 working days when I started to work in this business. after a while, everything changed. I burnt out my account 4 times ... Then I realized I'm no different than any other trader. The only advantage could someone have, is to control his/her self.
I said this, because I want anyone who believes he/she can approach to these kind of numbers, I meant turning 5K into more than 4 Million dollors in 2 years, to think "what does he/she has that many other people don't have that makes him/her believe he can turn into a millioner in 2 days ?". If you think you have something that very very few traders have it, you accounts will drop one after another sooner or later. If you're answer is "nothing", then you'll start to see thing no in fairy tails, but in realistic kind of way. It's human nature which drives this market, so no human could made these kind of money consistantly.
People, I've seen a man (my brother ! LOL) who turned 11K into 800K in just 24 hours (about 2 weeks ago !!), but believe me, he gave it all away. He was gambling. He wasn't trading. He wasn't working. He threw away all his money in this business. Why ? because he believed and he still believe in these kind of numbers.
Every trader, like a professional poker player, has a losing strike. he may lose for weeks or months. It's ordinary, the only thing that keep him in the game is good money management and being more picky about what he's going to do. The file you've attached, takes care of MM with 3% of risk, but believe me, there are some weeks that you may find only 1 or 2 good trades. It makes you feel you're behind, so you're going to make it up in next week and then ... boom !! sooner or later !!
Think again, if it was possible to turn 5K into a even 1 million in 2 years, then valla ! we are all rich !! but if you ask very few traders who are profitable in this market, they will laugh at these numbers. If it was true and If it's so lucrative job, why so few millioners or billioners in the world, were traders ?!!
I wanted to thank you DP, for bringing up. My post was not directed to you. I was just something that I see very often among new traders. these kind of numbers. fantacy dreams ... ! I just wanted to say a heads up.
But after all it's just my experiece. If you knew someone who made these kind of profits, I'll be glad to be his/her student
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
