How to these people get so much return?

http://forexforums.dailyfx.com/king-...-860-58-a.html

I dont know how they can get so much profit %? Do they take massive risks or is it possible?

Looking at the trading logs they win most trades

You're right it's massive risk. Starting balance of $500 and placing $30k lots. Gotta admit though, I wouldn't mind that ending balance from $500 month on month lol.
But then again if you bare in mind that these are micro accounts with high leverage, so their risk reward could be quite impressive, and with enough conviction quite tempting for some.

Take 10,000 traders with a 1K demo account each, let them trade recklessly for one month, the majority of accounts are bound to blow up, but also there are bound to be a few accounts that made a big return

True. But, sometimes it's fun to look a little a closer at the numbers.

re: http://forexforums.dailyfx.com/king-...-693-44-a.html

source date: http://media.dailyfx.com/sales/micro...ry1stexcel.xls

If we look at at the 1st place winner, we can see a major problem right out of the gate. Apology for chopping off the time/date at the bottom of the chart, but you should verify on your chart anyway.

If the regulators really wanted to help traders, they would make a rule stating that all demo platforms must conform to Live trading rules. Do you realize brokers probably have to actually turn off the margin functionality on the demos. There is only one (evil) reason for doing this.

MAE is the most important metric to track, yet few, if any, do. It will tell you, at a glance, whether you've learned how to control risk properly or not.

Wow, that is pretty reckless!

good point,
before using real money on a broker it is good to ask these questions to support:
Is the spread the same in live account as on demo?
Is price feed the same as in live account as in demo?
Is execution the same as in live account as in demo?

the answers I usually recieve are:
same spread
same price feed
execution will be slow at times of news breaks or high volume , same with spreads (higher spreads at time of higher volume)

but I am sure each broker is different so i is good to ask according to the each traders personal situation
I have actually experience the oposite of this, lol

I have had many demo accounts with several brokers, and everytime my account margin fell below the requirement of broker (100%, 50% ect...) I was stopped out.

Now, one time while using real money, the broker never stopped out my account at the required margin level, and my whole account ended up negative by $40 LOL
(i didnt have to pay them back btw, lol)

this broker was FXopen,,,,,,, it didnt matter much to me because it was a very small account anyways, and I was using 1:400 leverage just to try to make a quick buck

but you can see how the broker would actually want to turn off the margin funtionallity in real account rather than demo........