DislikedI never wanted a discussion, just a proof which you are unwilling or uncapable to provide.Ignored
Congratulations ScalaFX for coming out of the closet!
Why your broker is your friend and your enemy 4 replies
So what is your Return on Equity monthly or annual targets? 15 replies
dont fall in love with your daily return 11 replies
DislikedI never wanted a discussion, just a proof which you are unwilling or uncapable to provide.Ignored
Dislikedi will reply to this... if you go back and read what i have written you will find both your proof as well as why i'm not doing the trade explorer deal. this requires reading what i have already written. take it or leave it.Ignored
DislikedFinally, I concur 100% about big returns being unsustainable long-termIgnored
QuoteDislikedHowever, I’m not sure that anyone has suggested that it can be done with a £50m account,
QuoteDislikedwhat we are talking about is trading small or medium sized balances for the average retail trader and I’d hate to think quality, aspiring retail traders are put off from believing that 10% a month (or actually a great deal more) isn't a regularly achievable goal during the early days of FT retail trading
Disliked..... But, when I get to £200k in my trading account, I’d probably be lowering my risk to 1%. Over £1m, I don't believe I’d even be risking 0.5%. I wouldn't need to so why risk more than I need to be very comfortable indeed?.....Ignored
Dislikedbut it really sounds like, to me, some folks were claiming that the % / month would remain the same forever no matter how large the account gets (at least they aren't saying otherwise).Ignored
DislikedI did say that people shouldn't treat hedge funds (multi millions) the same as ordinary retail traders.
You also shouldn't ridicule 7% in 45 minutes. If you have a 6 pip stop loss and risk 2% of your account on that trade, you're saying its not possible to get 21 pips in 45 minutes??Ignored
Dislikedto all the naysayer investors i have an honest question : where do you believe retail traders who trade for a living get their capital from? did they win it in the lottery, or were born into it, or what? or do you believe that retail traders do not exist and the only traders that are real work at hedge funds making x% per annum?Ignored
DislikedI ridicule 7% EVERY 45 minutes for years and years. As it's been said, that is fine while the account is small, not realistic when he account gets large.Ignored
DislikedHe didn't say he did it EVERY 45 minutes, he said he takes those types of trades day in day out, which if you read his posts you will see he does....Ignored
DislikedOkay, so the original poster said he could make 10-15% per week no problem and now we are up to 7% per day no problem.
Cool, good for you guys. Happy Trading.Ignored
DislikedFunny thing is if you compound the 7% a day thing up to a year, excluding weekend, you will get 43.6 billion $ on a 1.000 $ account. That's a 43.6 million %.
You guys are god-like creatures!Ignored
DislikedOkay, so the original poster said he could make 10-15% per week no problem and now we are up to 7% per day no problem.
Cool, good for you guys. Happy Trading.Ignored
DislikedSo better we stay conservative and only make 10% a week, which compounds up to 142,042 $ on a 1,000$ account, or a 14,104% increase.
Sounds really achievable!Ignored
DislikedSo better we stay conservative and only make 10% a week, which compounds up to 142,042 $ on a 1,000$ account, or a 14,104% increase.
Sounds really achievable!Ignored
Dislikedprobably not, cause they said that they consistently pull that off. So, I assume that they don't have a losing week.
If anybody can show me a 14,000% increase on account over the last year, then I will shut up. Otherwise everybody saying that they are making 10% a week are simple bullshitters and possibly also bullshit themselves.Ignored
DislikedYeah, but you can't do the math that way, because it makes it sound silly. You have to like do the math different or something.Ignored