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Forex project doubling real money account each month

  • #1
  • First Post: Edited Jul 10, 2012 10:06am Jun 25, 2012 7:21am | Edited Jul 10, 2012 10:06am
I closed this thread because I dont know if I will succeed, doubling or half doubling my account each month. After I did double my account in the first month...I did have a big drawdown of 25% I guess it was just a loosing wave.......
I hope to come back and reach my goal though.....
  • #2
  • Jun 25, 2012 4:32pm Jun 25, 2012 4:32pm
Quoting goldcrash
Hey guys...

On the 23.05.12 I did start my own Forex project doubling or at least half doubling my real money forex/cfd account each month.
Now one month later...exactly on the 22.06.12 I did reach my goal and doubled up my account

http://www.youtube.com/watch?v=hmtAni5njKM

All my trades are based on simple price action trading.
Lets see if I will succeed...

Greets,

Steffen
Good luck man. I hope you succeed! Keep us posted.
  • #3
  • Jun 25, 2012 8:47pm Jun 25, 2012 8:47pm
thanks for sharing..

Happy trading..
  • #4
  • Jun 25, 2012 8:58pm Jun 25, 2012 8:58pm
Quoting goldcrash
Hey guys...

On the 23.05.12 I did start my own Forex project doubling or at least half doubling my real money forex/cfd account each month.
Now one month later...exactly on the 22.06.12 I did reach my goal and doubled up my account

http://www.youtube.com/watch?v=hmtAni5njKM

All my trades are based on simple price action trading.
Lets see if I will succeed...

Greets,

Steffen
Looked into your MuFXbook account. "Pokerrun2011". Nice name for a "doubling" project.

I see that your setting has "Open trades" as private and we are not able to look at your current open trades. Any chance that you change it so we can also benefit from your "Pokerrun".

TF
  • #5
  • Jun 26, 2012 12:48am Jun 26, 2012 12:48am
Quoting ExForX
Good luck man. I hope you succeed! Keep us posted.
Thank you ExForX.....Yes I will keep you guys updated

Cheers
  • #6
  • Jun 26, 2012 12:49am Jun 26, 2012 12:49am
Quoting reynuevo
thanks for sharing..

Happy trading..
You are welcome..

Many pips to all of you, too!!
  • #7
  • Jun 26, 2012 12:52am Jun 26, 2012 12:52am
Quoting TradeForexFx
Looked into your MuFXbook account. "Pokerrun2011". Nice name for a "doubling" project.

I see that your setting has "Open trades" as private and we are not able to look at your current open trades. Any chance that you change it so we can also benefit from your "Pokerrun".

TF
I think the time will come where I change my open trades to the public. But for now I just want to share my trade history as you can go back and look up where I did short or long the market. Thank you for your interest though!

cheers,

Steffen
  • #8
  • Jun 26, 2012 2:48pm Jun 26, 2012 2:48pm
Quoting goldcrash
I think the time will come where I change my open trades to the public. But for now I just want to share my trade history as you can go back and look up where I did short or long the market. Thank you for your interest though!

cheers,

Steffen

Thanks for the share Stef. Maybe a few charts as you go along to make it easier for us to follow.

TF
  • #9
  • Jun 27, 2012 4:34am Jun 27, 2012 4:34am
Quoting goldcrash
Hey guys...

On the 23.05.12 I did start my own Forex project doubling or at least half doubling my real money forex/cfd account each month.
Now one month later...exactly on the 22.06.12 I did reach my goal and doubled up my account

http://www.youtube.com/watch?v=hmtAni5njKM

All my trades are based on simple price action trading.
Lets see if I will succeed...

Greets,

Steffen
Hi Steffen,
Congratulations! Nice work..going to bookmark this thread, so do post updates to the same thread, will check it later, happy trading!
  • #10
  • Jun 27, 2012 3:40pm Jun 27, 2012 3:40pm
Quoting TradeForexFx
Thanks for the share Stef. Maybe a few charts as you go along to make it easier for us to follow.

TF
Ok here is one chart from today...countertrend trade oil. Did close the position though. Thank you. Happy pips for u guys
Attached Image (click to enlarge)
Click to Enlarge Name: Crudeoil long.jpg Size: 64 KB
  • #11
  • Jun 27, 2012 9:23pm Jun 27, 2012 9:23pm
Quoting goldcrash
Ok here is one chart from today...countertrend trade oil. Did close the position though. Thank you. Happy pips for u guys
Thanks
  • #12
  • Edited 10:28am Jul 10, 2012 10:09am | Edited 10:28am
Dont know if you guys still interested. But I will open this thread again...just see my initial thread post..thank you

Many pips to all of u
  • #13
  • Jul 10, 2012 10:26am Jul 10, 2012 10:26am
Quoting goldcrash
Dont know if you guys still interested. But I will open this thred again...just see my initial thread post..thank you

Many pips to all of u
If you have a small account and willing to risk it by doubling it each month. If you did double it for like 3 times, which I assume, your account would not be small any more. It's time to slow down and risk less, that's basically what I do with my small account.

If you continue to risk a lot after your account has gained considerable amount, I think you couldn't handle the balance swing. It happens to me.
  • #14
  • Jul 10, 2012 10:33am Jul 10, 2012 10:33am
Quoting duyk20
If you have a small account and willing to risk it by doubling it each month. If you did double it for like 3 times, which I assume, your account would not be small any more. It's time to slow down and risk less, that's basically what I do with my small account.

If you continue to risk a lot after your account has gained considerable amount, I think you couldn't handle the balance swing. It happens to me.
I just wanted to show that one can make profits without using just 1 or 2 percent of ur account for each trade. I didnt double it 3 times...Im in the second month doubled it once and now had a drawdown of 25%.
This is an emotional thing..if u see that u cant reach ur goal..u are starting making mistakes over mistakes..cause of this pressure that u have.
Im trying to stay clear in my mind now......lol
  • #15
  • Jul 10, 2012 10:35am Jul 10, 2012 10:35am
You are probably better to take your money to a casino and drop all your money on red or black, three times. This will, at least, remove some of the psychological barriers.
Gone to a better place
  • #16
  • Jul 10, 2012 10:35am Jul 10, 2012 10:35am
Try it with a demo account. Try it a few times with a demo account.
Gone to a better place
  • #17
  • Jul 10, 2012 10:37am Jul 10, 2012 10:37am
Quoting smikester
You are probably better to take your money to a casino and drop all your money on red or black, three times. This will, at least, remove some of the psychological barriers.
So u think Im gambling here??Well....thats ur point of view....but u are right with your psychological stuff.....this eats me...imho
  • #18
  • Jul 10, 2012 10:38am Jul 10, 2012 10:38am
Quoting smikester
Try it with a demo account. Try it a few times with a demo account.
Demo is not the same....you are not afraid of losing your money! Thats why most of the people think..ohh yeahh im good at demoing..lets go live.
  • #19
  • Last Post: Aug 3, 2012 7:01am Aug 3, 2012 7:01am
Quoting smikester
You are probably better to take your money to a casino and drop all your money on red or black, three times. This will, at least, remove some of the psychological barriers.
I suppose you believe that 'FOREX INVESTING/ TRADING" isn't gambling huh?

http://tinyurl.com/ForexPeoplebINARY
Someone who has done more then DOUBLE in less then 24 hours. Doesn't matter if he is able to repeat it. Only because if he has 'PROFIT MANAGEMENT' he will be able to hold on to such a high % profit for who knows how long.
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