500% in one year | Forex Factory

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500% in one year

  • #1
  • First Post: Oct 7, 2011 2:07pm Oct 7, 2011 2:07pm
Hello Folks,


I know that this is ambitious and many have failed where i have tried.... But i am trying it nonetheless.. hopefully with my experience, my skills and my discipline i can pull this off.



A foreword.


I'm 22 this year... and started trading at 18...
I started out with 2k and snapped out stocks in the financial market during the crash in 2008. I was about 18 at that time and before i knew it, i had 10k sitting around doing absolutely nothing.. Took out that money and speculated in forex... gambled i would say... Lost everything and got back to 1.9k .....


But i learnt a great deal. Not only TA and FA skills, but it made me hungry, rather, it made me voracious and a strong burning hunger and desire to constantly learn and read. I devoured whatever i could during my free times (i'm in uni currently) and i traded with whatever time i had.



Took 6 months off and recently came back to trade armed with better knowledge and hopefully better discipline and trading money management.
It will take 1 year or 263 working days (see the attached excel for my break down) earning $30 consistently everyday day in and out grinding it with no more than 5 - 15: 1 leverage and R:R of at least 2:1 ... I am currently into my third week and i am up about 82% of my entire account, having rolled my 1.9k to 3.4k with a total of 105 trades and 226 mini lots (an average of 2.16 mini lots per trade)



I hope to share whatever i know and to have fellow traders who can support me, spur me on and tell me where i am going wrong .. or if i'm getting ill discipline or out of hand with my trades. I believe that i can only better myself rubbing off other like minded people and learning from others


I hope that my trading method, if profitable and successful is the best give back that i can give to fellow traders here and to forex factory.


I will upload my excel sheets and trades soon (on another laptop). I only trade the EUR/USD and with only 1 trade in EUR/CHF which i should have kept longer...


Happy trading to all.
There is no royal road to anything.
  • #2
  • Oct 7, 2011 2:13pm Oct 7, 2011 2:13pm
Just FYI, all trades are manually done with no EAs involved. No fx tradebook either.. but just clean old excel with export from my broker and some nice tidying up it's about as raw as it gets.
There is no royal road to anything.
  • #3
  • Oct 7, 2011 2:37pm Oct 7, 2011 2:37pm
Attached is my excel sheet with it's trades.. deleted the old one.. some error when i was converting from xlsx to xls.
Attached File(s)
File Type: xls Copy of Trading Journal1-1.xls   102 KB | 362 downloads
There is no royal road to anything.
  • #4
  • Oct 8, 2011 3:33am Oct 8, 2011 3:33am
I know that it's a fools dream and that it's not possible to roll 500% consecutively over a long time frame.. I would like to add that this is a 1 off project for 500% from 1.9k to 10k in 1 year and after that, the risk and emotions would technically be higher and i will recalibrate and change my targets after this project.


For now, my goal is still reachable.
There is no royal road to anything.
  • #5
  • Oct 8, 2011 4:06am Oct 8, 2011 4:06am
Quoting Leinadgnow
I know that it's a fools dream and that it's not possible to roll 500% consecutively over a long time frame.. I would like to add that this is a 1 off project for 500% from 1.9k to 10k in 1 year and after that, the risk and emotions would technically be higher and i will recalibrate and change my targets after this project.


For now, my goal is still reachable.
Good luck with it. Its entirely possible, look forward to your journey.
  • #6
  • Oct 8, 2011 4:14am Oct 8, 2011 4:14am
very possible.

E.g. You deposit $500.
500% of that + deposit would be $1100.

Not that difficult to reach as long as you have a healthy emotional intelligence and mindset while trading, and continue learning about the vast world of forex.



good luck to you mate.
Have I got something on my face, SOLDIER?
  • #7
  • Oct 8, 2011 12:32pm Oct 8, 2011 12:32pm
Good luck! What method do you use? Some impressive results.
  • #8
  • Oct 8, 2011 7:19pm Oct 8, 2011 7:19pm
Quoting bumapatria
very possible.

E.g. You deposit $500.
500% of that + deposit would be $1100.

Not that difficult to reach as long as you have a healthy emotional intelligence and mindset while trading, and continue learning about the vast world of forex.



good luck to you mate.
mate ur calculations it seems are bit off
  • #9
  • Oct 8, 2011 8:14pm Oct 8, 2011 8:14pm
Quoting fasy007
mate ur calculations it seems are bit off
sorry, sorry.. fuck. i was sleepy then.


$500 deposit and a 500% ROI is...
$3000.

Manageable i say, because im going back live on new year, with that same sorta risk-capital amount, so im guessing i could hit that roi in a year.
Have I got something on my face, SOLDIER?
  • #10
  • Oct 8, 2011 8:35pm Oct 8, 2011 8:35pm
Quoting fasy007
mate ur calculations it seems are bit off
What do you think.................................... beer or martini?
The Thief of Wall Street
  • #11
  • Oct 8, 2011 8:45pm Oct 8, 2011 8:45pm
I did 100% recently with my new method, in 8 or 9 days but only traded on 3 or 4 of those due to work hassles likely a day or 2 with no nice setups to.

So yes 500% is possible in 1 year or ever 1 month, but it gets harder and harder as the cost / profit of the trades increases.

I'm 100% up, but the $100 I didn't care about so go for it, so not expected to raise my lot sizes so still $100 profit, so only 50%, then 33% then 25% at that stage I'll double my lot size $0.1 to $0.2 so expect $200 which is 40%.

Doing it with $500 into $2500 is harder cause you likely care about the $500 as it's likely all you've got.

Then got to factor in, if it takes 1 year to make $2000 unless you live somewhere really cheap, it's just not worth your time $2000 isn't much these days, well here.

1st step, become profitable, until then don't bother to dream.
2nd step, when profitable, keep repeating for years and years growing the account, without getting bored, tired, greedy cause when you do straight back to working on the 1st step and account wiped in no time.

It's a REAL PAIN!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #12
  • Oct 8, 2011 9:02pm Oct 8, 2011 9:02pm
Quoting Turveyd
I did 100% recently with my new method, in 8 or 9 days but only traded on 3 or 4 of those due to work hassles likely a day or 2 with no nice setups to.

So yes 500% is possible in 1 year or ever 1 month, but it gets harder and harder as the cost / profit of the trades increases.

I'm 100% up, but the $100 I didn't care about so go for it, so not expected to raise my lot sizes so still $100 profit, so only 50%, then 33% then 25% at that stage I'll double my lot size $0.1 to $0.2 so expect $200 which is 40%.

Doing it with $500 into $2500 is harder...
500% a year is piece of cake with big money but hell of a task with pennies. Start with atleast $300,000. Take only one trade a year with Risk:Reward 1:5 risking all the money collected from your friends............................. If you start with pennies, that would be from your pocket but big money would be someone else's.

NO PAIN ........................................................ until they find you.
The Thief of Wall Street
  • #13
  • Oct 8, 2011 9:16pm Oct 8, 2011 9:16pm
Quoting Chicky
500% a year is piece of cake with big money but hell of a task with pennies. Start with atleast $300,000. Take only one trade a year with Risk:Reward 1:5 risking all the money collected from your friends............................. If you start with pennies, that would be from your pocket but big money would be someone else's.

NO PAIN ........................................................ until they find you.

You want to change your name to Jacko or 1 of the other Scammers there Chicky, I think that was there game.


you'd have a 16% chance of getting the 500% and a 84% chance of losing 100%, not good odds.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #14
  • Oct 8, 2011 11:29pm Oct 8, 2011 11:29pm
Quoting Turveyd
You want to change your name to Jacko or 1 of the other Scammers there Chicky, I think that was there game.


you'd have a 16% chance of getting the 500% and a 84% chance of losing 100%, not good odds.
LOL. No one listened to you when you raised red flag against Jacko, why do you think they would now?

No, I have 16% chance of getting 500% but "others" will have 84% chance of losing 100%, very good odds for me........................... by the way do you happen to know a good hiding place?
The Thief of Wall Street
  • #15
  • Oct 9, 2011 7:28am Oct 9, 2011 7:28am
Quoting Chicky
LOL. No one listened to you when you raised red flag against Jacko, why do you think they would now?

No, I have 16% chance of getting 500% but "others" will have 84% chance of losing 100%, very good odds for me........................... by the way do you happen to know a good hiding place?

just cut me in for a percentage if you get the 500% and I'll keep stum as it's you!!

With 1.25mil Cash you won't find it hard to find a good hiding place.

Just dangle the carrot of rich infront of there faces and they'll hand it over, fools and there money!1
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #16
  • Oct 9, 2011 7:35am Oct 9, 2011 7:35am
Quoting Winston Reed
Good luck! What method do you use? Some impressive results.

I'm a scalper and if the opportunity allows, a swing trader/ trend-er


What i do is that i scalp and make quick pips in and out maybe 7 -8 trades a day with target of 5-7 pips each time at 2 or 3 min that's about 15 per trade x 7. For the huge results that i got, what i did was that i was scalping but i saw that it had huge potential / growth and so i rode it all the way up, layering in as i was in the green...



I primarily use MACD, RSI, Stochastic and candlesticks/ S/R



I also used ichimoku and momentum for confirmation sometimes and EMA's set at 5,8,21 and 200.


hope that helps
There is no royal road to anything.
  • #17
  • Oct 9, 2011 7:38am Oct 9, 2011 7:38am
Hey Chicky and turv



Thanks for stopping by, really appreciate it.... well, i guess i know it's pertinence and peanuts but it's not really to buy a Aston or F430 ya know.... it's just for my self respect.. that i can pull money off the market and to know that i am learning and gaining something as a result of my learning...



I know that with 2k it's gonna be a slow grind and a painful one.. but i guess that's the way to go for us folks.. no body said it would be easy


Lol... btw, i would like to think that i'm in that 16% too chicky time will tell.


Happy piping.
There is no royal road to anything.
  • #18
  • Oct 9, 2011 9:04am Oct 9, 2011 9:04am
I used to be a scalper, wasted many many years on this, had good times and bad times, if it wasn't for the spread I'd of done fine, sadly with I fear it's a doomed methodology, the theory sounds great and the charts look good after the fact, but the issue with scalping with tight SL's is, you spot a turn up, it runs for 4 pips which gets you to +1 then turns back down and hits your SL, we'll say -15 and this will happen a lot.

I just restarted with $100 seriously, currently at $200, it's going to be a long long long haul which is kinda annoying, just solve being profitable nicely and the realisation it's going to take years for me to get anywhere realistically.

Aim to add some money, but it's never that easy
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #19
  • Oct 9, 2011 3:41pm Oct 9, 2011 3:41pm
Quoting bumapatria
very possible.

E.g. You deposit $500.
500% of that + deposit would be $1100.

Not that difficult to reach as long as you have a healthy emotional intelligence and mindset while trading, and continue learning about the vast world of forex.



good luck to you mate.
are you sure 500% from $500 is $1100? shouldnt it be $3000?
  • #20
  • Oct 10, 2011 2:39am Oct 10, 2011 2:39am
Hit my target and got my 30 bucks off the market today. I'm done for the day .. happy trading all with minimal risk / draw down.
There is no royal road to anything.
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