100$ -> 1.7million - is that possible ? | Forex Factory

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100$ -> 1.7million - is that possible ?

  • #1
  • First Post: Jan 12, 2012 6:20am Jan 12, 2012 6:20am
Hi guys,

I'm wondering what are you thinking about this,
i think this is not possible but i made a sheet on excel and here we go:
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  • #2
  • Jan 12, 2012 6:36am Jan 12, 2012 6:36am
These things always look great on paper but I'd say no chance. I believe it is possible to make huge sums from small amounts but it will never work out like your chart.
  • #3
  • Jan 12, 2012 6:49am Jan 12, 2012 6:49am
i think also leverage cannot continue 1:400 for 5 digits margins.
  • #4
  • Jan 12, 2012 6:50am Jan 12, 2012 6:50am
Quoting kkumbaraci
Hi guys,

I'm wondering what are you thinking about this,
i think this is not possible but i made a sheet on excel and here we go:
let us all know if u still have the origional account balance in 6 months
  • #5
  • Jan 12, 2012 6:52am Jan 12, 2012 6:52am
Quoting >Apocalypto<
let us all know if u still have the origional account balance in 6 months
6 months or 6 minutes?
  • #6
  • Edited 7:20am Jan 12, 2012 6:59am | Edited 7:20am
I know it's kinda lame to quote your own post but at the risk of having to repeat a long ramble this is my take on the matter;

Quoting CindyXXXX
Compounding interest is great but at some point you need to substitute the math for the reality. At some point you simply won't be able to trade the same way you have been.

The same strategy you used to compound a 100K account to 1M could not be used to compound a 1m account to 1B. The numbers look nice in a spreadsheet and the logic seems simple enough, but at some point if you want to make the multi millions + you're going to have to learn a more advanced version of the game you already play. It wouldn't be knowing which prices to buy and sell...
EDIT: In a nutshell, you're dreaming, you could potentially turn $100 into 1.7M but it would take a long ass time. Much faster to work a 9-5 save up for a much bigger account and then your consistant 15% returns will have you retiring to the bahamas in no time lol. Is that meant to be 15% each trade? or is that each week?

Learn to trade before you start dreaming, it will save you a lot of money. I think we've all made one of those sheets at some point.
Time hides Nothing
  • #7
  • Jan 12, 2012 7:03am Jan 12, 2012 7:03am
Quoting Hugh Briss
6 months or 6 minutes?
Meh, Id give it 6 days. Every newbie wins the first few and thinks it is easy. Then they get cocky and blow all sense of mm out the door and lose it all in a spectacular blowout lol

Dont believe me? Just look at incrediblle, last month she was bragging about making 200 something percent in 1 lucky trade, within a week that account (number 39 I think) was blown out and all stats were erased.
  • #8
  • Jan 12, 2012 7:19am Jan 12, 2012 7:19am
Quoting traderjai_inhi
Meh, Id give it 6 days. Every newbie wins the first few and thinks it is easy. Then they get cocky and blow all sense of mm out the door and lose it all in a spectacular blowout lol

Dont believe me? Just look at incrediblle, last month she was bragging about making 200 something percent in 1 lucky trade, within a week that account (number 39 I think) was blown out and all stats were erased.
hm... that's not very lady like... funny that
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  • #9
  • Jan 12, 2012 7:26am Jan 12, 2012 7:26am
Quoting CindyXXXX
hm... that's not very lady like... funny that
Must be a man who likes to pretend he's a woman when he trades?
  • #10
  • Last Post: Jan 12, 2012 7:34am Jan 12, 2012 7:34am
Quoting Hugh Briss
Must be a man who likes to pretend he's a woman when he trades?
haha... well I can't really talk I spose with a name like Cindy, but at least I never put a pretty lady up as my avatar.... And ya Incedible is a guy for the record. Was just saying... Ladies don't go around bragging too much.
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