Targeting yearly 60% or more in LIVE Account next 25 years

Hello Guys and girls,
You know about compounding very well.I know a little. I shall try to do compounding yearly 60% or more.Yes it is little tough in regular basis. But I shall try and I shall keep a record.

Initial Balance:
Why I am open about my account? My initial balance will be 243$ but I shall deposit money up to around 4000$. As it is test basis I shall not deposit more than 4000$ right now.If I can pass at least two years with this return I shall go for bulk investment in FOREX market.

My Broker:
My broker is Oanda Corporation, US division. I am choosing this broker as I shall massively diversify my funds here. Yes it may seem to you a little bit strange as what is diversification in FOREX market where USD and EURO is controlling the total trend? Japanese Yen and Swiss Franc is sometimes helping the accounts getting margin called. But I shall diversify and you will see how I manage my trades. I shall manage my own trades, market will not manage my trades and no hard Stop Loss and no hard Target Profit I shall use. So I have chosen Oanda Corporation as my broker.

Who am I:
I am not so new but I am not so old also in FOREX market or overall financial market really. I am trading FOREX from 2008 and I am in stock market from 2007. I love stock market, FOREX market, I love Fundamental of Financial Market. I am a regular reader of Financial Instruments. It's a market of huge return as you can use huge leverage here, but from my little experience I believe it is not possible to earn like hell from here as human being is not ROBOT. Many of traders use EA or ROBOTS to remove emotional sides of trading. I don't know how it works. But I think there is no robot can be made which can beat human brain. So I shall go here with moderate profit monthly 4% or quarterly 12.50% or yearly 60% or more with my dumb head. I shall learn with the course of time and will find out whether a moderate rate of return can sustain in FOREX market in long term basis. My target 4% per month may make people laugh at me who earn more than this regular basis. But I am happy with this target, as if I can do this with my little 4k fund, it will give me near about 500 million US dollar in next 25 years. My age will be then 55. Not a bad return if I can reach the target really. I am following here SLOW and STEADY wins the race.So I shall go slow.

My Approach towards the market:
Yes my major approach will be FUNDAMENTAL. I shall use Technical to trigger my trades but my main card will be fundamental. I shall use what's going on over the world. I shall use Speculation basically to catch the big trend. Say I shall catch the next big fall or rise of EU . You know guys EU is controlling the market. So it will control my trades also. So guys I am clear about my approach. I shall discuss here many fundamental issues who are interested can share your opinions here.What the other things I shall use? I shall use Trend Line, Support Resistance Zones, Channel, Divergence, Fibonacci, Elliot Wave, Price Action, Pattern or confluence of Technical Instruments. But my main confluence is Fundamental and Technical to catch the big trend like 500+ pips trend or more powerful trend. A trend in currency market does not change over the night, this is the main attractive thing in FOREX market. I shall do maximum time scalping type trading as main trend does not occur daily and I have to earn regular basis.

My risk minimization way:

I shall also minimize risk but as I shall use fundamental so the pure inflection points can be easily reached and for this reason I shall loose little and Speculation will help me a lot to scalp in good way. But I must have a plan to minimize the risk. As my target per month is 4% so I shall not take risk more than 4% in overall trade. Though here I am not using percentage risk model, so my risk will be my head originated. I shall not use any hard Stop Loss and hard Target Profit except some cases.

Wish me a good luck for the next 20-25 years.
Guys thank you for reading whatever I have written above. Wish me a good luck as though I can post this thread for the next 20 or more years and www.forexfactory.com lives till then.

Regards guys and girls.

DEPOSIT and PRESENT FUND Status I am showing here. Date is:21th DEC, 2011

Here I am attaching two images. These two pictures moved the market whole day.

OK I am interested. Have always wanted to follow a fundamental trader, most show up after the fact, like to see one before the fact. Good luck.

Thanks for your inspiration. Yes I love fundamental as I want to know the basic or root of trend. A trend is never made by a TECHNICAL, TA just follows the price, but I want to know what the factors are making the price and how long will be the trend with the factors.
I shall try to make a architecture of market with the course of time in this thread.
Regards.

dude stop dreaming..........go learn about liquidity............there is no way any forex brokers let u trade such huge amount.......and u cannot get fills easily

Good luck bro!

Hi,

Sorry and I hope you don't mind my 'butting in' here but (and I'm not looking to 'pick a fight' I promise you) but I hate to see somebody who has REASONABLE expectations to get 'knocked down' before they even begin.

60% Per annum is not unrealistic AT ALL. Believe me: I've 'been around' and I've seen posts made by new traders with expectations of 10% OR MORE PER DAY!!! So to say that 'kawser' is dreaming: I'm afraid I have to disagree. And as far as the lot sizes go: should everything go 'according to plan' there's ALWAYS a broker out there that will allow you to trade huge lot sizes. Of that you don't have to worry about.

Trading fundamentally vs. technically??? I think that you've got to REALLY REALLY REALLY 'know your oats' to make those types of returns trading fundamentally (needless to say: I don't trade fundamentally)!!! LOL!!!

And you know what 'kawser'??? If you only make ONLY 40% per annum you're doing the same or slightly better than the top hedge funds in the world. All I'm saying is that if you DO end up making ONLY 20% - 40% per annum: that 'puts you ahead' of MOST people in this business.

One thing though: why move from Equities to Spot FOREX??? Sorry but that's 'nonsensical' in my opinion ESPECIALLY if you're already trading Equities and are profitable (needless to say: I don't trade Spot FOREX)!!! LOL!!!

But either way: you 'go for it'. Don't ever let anybody 'talk you down'. This can be (and actually is) a VERY 'lonely business' and in my experience: when you're doing well you're a 'hero' but when you're 'down' then you're perceived as nothing short of being a 'gambler' and you have to be able to live with yourself and for the most part will eventually have to 'keep your demons' to yourself. Only somebody who has been at this 'lark' for a good few years and lived with the emotional ups and downs that CAN result can understand what it's like. I cannot tell you what happened to the last person that told me that I trade for a living 'because it's easy money'!!! LOL!!!

Regards,

Dale.

Dear Dale,
At first take my gratitude for your kind words to me.I liked your way of 'butting' as actually you inspired me to be more reasonable in my trading. Yes I shall be, for this reason I shall lessen my target.No matter whatever the return, I shall try to earn at least the BANK INTEREST rate with some premium as I have to give effort in trading, I deserve some premium here.

I have logic behind my Fundamental approach. Actually I mainly use the ELLIOT WAVE for my technical trading.But Fundamental helps me a lot in stock and FOREX market also.I shall clarify it later with the course of my trading.

Thank you again for your inspirational talking here. I shall give update of performance here time to time as I really want to know whether it is possible or not to compound in FOREX market for a long term like 20 years + with reasonable target.
Regards
Kawser Ahmed.

Hi.

Well: it's my pleasure and I'm 'rooting' for you anyway.

Don't 'sell yourself short' (no pun intended) i.e. nothing wrong with trying to achieve 60% PER ANNUM. Just don't get despondent and 'revenge trade' if you DO NOT make that per annum is all.

And by the way: those hedge funds??? They do WAY better than they SAY they do. That I believe. Those are returns AFTER the fund managers have taken their ABSOLUTELY RIDICULOUS commissions and after charges and fees etc.!!! So it IS achievable.

Anyway: I'm 'subscribed' to your thread so I'll get any updates via email.

Regards,

Dale.

Dreaming is pushing 1k in your account and thinking that it will give you 1 million in 2012.Yes if your 1k reaches 1million in one year then 2012 will be dooms year for sure and the money will be valueless
I have moderate education on liquidity and why you thought that I have a lifetime bonding with oanda ?
Regards.

Thank you again.Yes I am taking it so seriously and as a ERROR and ERROR MINIMIZATION PROCESS and I am open with my account as I shall be more alert in this way.
Regards Dale.

Hello again.

Come to think of it: I hope both you AND I have the time!!! Doesn't the Mayan Calendar say that the world is going to come to an end in DECEMBER 2012??? So you'd better post your results at the end of NOVEMBER 2012 (then we'll just 'extrapolate' the figure out to give you what WOULD have been your annual return)!!! LOL!!!

And yes: the only time you're going to run into liquidity problems is if you're trading with a 'bucketshop'.

Regards,

Dale.

Dear dale,
yes I also have time as I am full time trader.
Yes I shall think about liquidity problem after a long period of time as I am just right now starting with a very low amount around 4k as test basis, if I can run my business at least two years at the pace of 40-50% per ANNUM then I shall pour more and smart money here.
I shall update every month or every three months my update, yes sure before the 2012 NOVEMBER also.

Regards
Kawser

I am participating in a dukascopy contest. Please visit my blog.
http://www.dukascopy.com/traderconte...&trader=kawser
I am sharing here some controversy about pure TECHNICAL and PURE ECONOMICAL. My hereby performance is based on only TA and MACRO Economics Fusion.
Regards.

Well I will enjoy this thread. Looking forward to some analysis. I will give my 2 cents worth every so often. My first Fundamental analysis will be for AUD currency pairs. By the pic below you can see 21 years of aud/usd prices. You can also see it has been trading well above its normal range. This is caused by China and its growth. It buys a lot of commodities from Australia. So watch China's economy, if it slows down during 2012, which it is expected to do. You will want to concentrate on selling AUD pairs. Just thought I would drop that hint on your table. See pic below:

Also I appreciate your emphasis on the 60% for the year. A very achievable goal and a reasonable one. Too many traders expect way tooooooooo much and blow their accounts. Thank you for keeping expectations within reason.

I am coming with my analysis about AUD. Moody's report on AAA rating with AUD and NZD is making them right now strong. Yes I am also expecting a fall in AUD and NZD and it is technically short though the trend in it is becoming strong, as CHINA'S recent interest rate cut has boosted the economy of China and faith of the traders. I am coming with a overall analysis of CHINA though the data relating China it tough to collect. Regards.

Though the Chinese economics is slowing down but its Export and Import data is still okay but the industrial production of CHINA is getting down.Industrial production data is leading when compared with EXPORT and IMPORT data. Recent monetary policy taken by CHINESE AUTHORITY (Reserve Ratio Cut) is giving AUD and NZD extra power when compared with EURO and GBP.
Here is some images of CHINESE ECONOMY.
Moody's AAA rating for both AUS and NZD is giving traders extra confidence to hold it. But ultimately EURO zone problem is the major market movers right now. If the problem of EURO ZONES is not set in near 24th or 30th important meetings then CHINA'S slow down will be more dramatic and AUD and NZD will go for continuous boosting up their economies with money supply increasing.
Regards.

EURO ZONE LOOK:

--Wednesday, Dec. 28: Italian T-bill, zero-coupon bond auction.

--Thursday, Dec. 29: EUR 5.23 billion of Greek debt falls due. Italian bond auction.

--Friday, Dec. 30: EUR 715 million of Greek debt falls due. Presentation of emergency Spanish budget measures.

CHF look:

I shall go short for CHF with EUR and USD this week after getting confirmed with this KOF report.
Swiss KOF Economic Barometer: Wednesday, 10:30. This is one of the most comprehensive indicators for the economy. This composite index has been falling in the past 6 months, dropping from 2.30 to 0.35 last month. Another slide to 0.25 is expected now and will likely encourage the SNB to defend the floor under 1.20.