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SAINT's Free Account Concept- $100 to $0.1 Million - Attempt Journal

  • #21
  • Mar 21, 2013 10:51pm Mar 21, 2013 10:51pm
Update 5 done in main post.
Next attempt being setup. Will update soon.


P.S. Dont worry u all will get replies. More constructive things first.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #22
  • Edited 11:40pm Mar 24, 2013 10:55pm | Edited 11:40pm
Quoting shahab8b
so that's your strategy? adding loads of trades when it does against you? 70% DD? where you wanna cut your loses? at first, I was looking at your thread and was thinking would be nice to see some of your charts and learn a thing or two, but seriously? no wonder there's no charts.
Yes thats my strategy.Happy? (Fiber is up 250 Pips since then) You got issues with it? So what you gonna do about it? post here like other self-obsessed Guru's?
and why the hell you wanna learn a thing or two from here? You are already "THE ALCHEMIST" ....ain't it?
Charts? Though i mainly do intensive charting ....no wonder your peanut sized brain thinks charting is the only way to make money or say "learn" as far as your reference is concerned.
Get up dear...grow up & then open the door & see the world outside ...off your ages-old COT data crap.

Quoting 5percent
Apparently, u dint read what is this thread all about. He's already risk free with 1000+ withdrawal from 100. Why try to pour cold water, when everyone's objectives maybe different ?, not the first guy who commented without doing background check on the topic.
Quoting shahab8b
I don't care about what you say. whoever adds loads of trades with a 70% DD knows nothing about serious trading. If you're supporting this, you are not a better trader than the guy himself, period.
@5percent no he won't read, bcoz he is a vouch bloated "The alchemist" and he doesn't care (you see). He knows everything anyway.
Apparently, you also are a bad trader bcoz you just reminded him to "READ FIRST".
PATHETIC case of VOUCH-EGO (FF's support better cut this vouch crap for few years; would instill saneness in many)

Such people think what they do is only right and correct way to trade (even though he may be counting losses month after month; who knows; vounches dont mean anything; Trading results do). The conventional money management rule of some crap %age stop is what they think makes money.
Open your eyes > MM alone doesn't make money (it just slows down things> yes loosing and making money> BOTH)
Further Risk:Reward ratio on such "Free" accounts is so low that the R:R with conventional MM shit (yes i call it the same for my conventional trading) doesn't even come close to it (usually)



P.S. Keep your crap to yourself and mind your own business. I don't want "narrow minded" people like you to waste your time on me and i don't give a f**k either.
More crap & you would find you a place in my "privileged" ignore list. Thanks & Thanks very much
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #23
  • Mar 24, 2013 11:27pm Mar 24, 2013 11:27pm
Quoting kraven
Well I for one would be interested in seeing more about fxsaints trade strategy.
I'm a fan of the 'free trade' idea, are you still using this at this point? Is there a specific time frame you use (larger TF's would explain larger drawdowns).
Notice on one of your other threads your pic's included MA's and Trendlines. Do you use a TL breakout strategy exclusively?
looking forwards to the charts and trade setups pic's would shed some light on your trading style
Well i am also a fan of "free trade" idea. But i am using that concept as "Free Account Concept" i find the latter better (for this style of trading i do)
I have already a whole long thread about "Free Account Concept".
I mainly use Free trade concept in my normal conventional trading. I do in these accounts too but rarely.

Regarding my charts, yes I use TRENDLINES from M1 TF to MN TF. I heavily use them on H1 and H4 TF.
Larger TF trendlines (Say D1 TF and above) take precedence in analysis (but only after a candle closes; yes i use candles not bars)
MA are simply basic ones (SMA's).... to get a general feel of the trend. Those charts you saw must have got 20, 50, 100 and 200 (I never use them for trade entries/exists) except if i am scalping (sometimes;rarely)
No i dont use TL breakout or anything else exclusively. To be frank, i have talked about what all i use, more than a couple of times.
Its all basic stuff. (i know some may be looking for something SPECIAL from me to share, some crystal ball/6th sense (as i am a saint ) but thats not the case)
I posted a bit about it last day too http://www.forexfactory.com/showthre...27#post6537027

I gotta have to confirm a multiple things before i trade. Basic patterns like HnS, Wedges(i trade them a a lot), Cup&handles, Pennants(these too), S&R based on Price action(demand and supply levels), Daily Pivots and other confluence zones help me find IMPORTANT levels
Then i grade those LEVELS based on my analysis.
Then i look for possible entries on Higher TF like D1 or W1
Then when those entries are close, i move on to M1 and M5 TF , wait for those levels eagerly> watch the PA there and Trade without EMOTIONS (mostly aggressively; though depends upon degree of conviction of my bias)

I am tweeting about LEVELS and views on many major pairs esp, EURUSD, GBPUSD and EURGBP since last 1 month or so , VERY regularly, on Twitter. Its not easy posting the same on FF..those small tweets and stuff.
But as already posted in 1st post, i would try to post my analysis here (esp. on higher TF say H1, H4, D1)....but its not easy. It demands time. It demand taking screenshots charts, labeling them, writing views about it (I did experience that posting them in 100 Fold challenge thread for some 2-3 weeks..long back)
(yes i am still trying to do it as i see them anyway for my higher TF trading in conventional accounts)

Lets WaitnWatch
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #24
  • Mar 25, 2013 12:10am Mar 25, 2013 12:10am
And this post is DEDICATED to those dumb "low-life" haters & "bad-hearted"-jealous (there is "good-jealousy" too;i dont mind),
who might be thinking to post or deleted their "we-know-everything-shit" post before clicking "Post new reply" button, etc

if $100 to $10000 (documented thrice) is aching you so much, i am guessing what will happen if i actually someday convert $100 to 0.1 or 1M (ok... even with all that low probability associated)???

Do have the guts to post then too, irrespective of whatever happens thereafter..... i lose the million, broker doesn't pay me, i donate the million etc etc..
I would appreciate that small honesty in opinion rather than jealous bigotry .

&

Take it in writing here .....
i would do it one day (& may be more times if time permits) and would be still here, waiting for comments of 10-kg PDF guru's (not all but most of them)

That's a ForexSaint's promise







P.S. Why i need their comments> bcoz i am doing a psychology study too> will share results then.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #25
  • Mar 25, 2013 12:32am Mar 25, 2013 12:32am
Quoting Pessimist
Wow way to start. I can't really compete since i am based in the U.S where mandatory leverage is 1:50 and most of the most stable and respected offshore brokers don't accept us anymore anyway i just went through a few of your twitter images and i have to say your analysis is pretty amazing
And you 3-post, Feb 23rd 2013 new ID generator (the day 100to10k attempt was done), pessimist
Sorry but i can't really handle, so special privilege of a new ID posting posts specially for me and my threads.
I just feel depressed when i see that.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Enjoy the time in my privileged ignore list (See i always give back)
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #26
  • Mar 25, 2013 2:21am Mar 25, 2013 2:21am
Quoting forexsaint
Yes thats my strategy.Happy? (Fiber is up 250 Pips since then) You got issues with it? So what you gonna do about it? post here like other self-obsessed Guru's?
and why the hell you wanna learn a thing or two from here? You are already "THE ALCHEMIST" ....ain't it?
Charts? Though i mainly do intensive charting ....no wonder your peanut sized brain thinks charting is the only way to make money or say "learn" as far as your reference is concerned.
Get up dear...grow up & then open the door & see the world outside ...off your...
I am not gonna waste my time replying to your crap. you're way dumber than what I thought anyway. btw, I've already put you on my ignore list.
  • #27
  • Mar 25, 2013 3:05am Mar 25, 2013 3:05am
Quoting shahab8b
I am not gonna waste my time replying to your crap. you're way dumber than what I thought anyway. btw, I've already put you on my ignore list.
First u don't read the thread and details..
then you do not understand plainly written rules in english...
Then another senior member reminds you the same...
To which you reply "i dont care" ...
Still u post a non-specific reply (as you have nothing specific to say)...calling me "dumber"...

Superbbbb stuff.... you proved your english comprehension & forum etiquette's
Are u from Al Qaeda? (I know this may hurt....but its just the way i am hurt when some dimwit violates thread rules)

& yes
Thanks for adding me to ignore list first. Doing that first doesn't make you sane or improves your comprehension skills
There will be another less moron, now, to which i need to reply.

Good luck learning a "thing or two"
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #28
  • Mar 31, 2013 10:07pm Mar 31, 2013 10:07pm
Update 6 done in 1st post.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #29
  • Apr 7, 2013 10:38pm Apr 7, 2013 10:38pm
Update 7 done in 1st post.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #30
  • Edited 7:26am Apr 21, 2013 6:47am | Edited 7:26am
IMO
coming week & probably month would be good for major moves/volatility on many major PAIRS.
Therefore this thread would find some good no. of posts/updates.

Lets WaitnWatch, how the markets move.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #31
  • Apr 21, 2013 10:26pm Apr 21, 2013 10:26pm
Update 8 done in 1st post.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #32
  • Apr 22, 2013 2:17am Apr 22, 2013 2:17am
You get the $100 upto over $10,000 in no time at all, why don't you bank the $10,000 and start again with $100? rinse and repeat, then once you've made 100k doing that, start with $10,000 and get it to $100,000, bank that, rinse and repeat.

  • #33
  • Apr 22, 2013 8:52pm Apr 22, 2013 8:52pm
Quoting GDR3k
You get the $100 upto over $10,000 in no time at all, why don't you bank the $10,000 and start again with $100? rinse and repeat, then once you've made 100k doing that, start with $10,000 and get it to $100,000, bank that, rinse and repeat.
On a quick note, do you think building/converting that small money is that easy?
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #34
  • Apr 23, 2013 12:45am Apr 23, 2013 12:45am
Quoting forexsaint
{quote} On a quick note, do you think building/converting that small money is that easy?
No, but you seem to make it look easy
  • #35
  • Edited 2:15am Jun 3, 2013 1:55am | Edited 2:15am
Quoting GDR3k
{quote} No, but you seem to make it look easy
One thing is sure, its not "THAT" easy as it looks.
Regarding banking 10,000 and other stuff, there are already some withdrawal strategies in place, as they mainly constitute the MM part of trading such accounts.
"Rinse and repeat" is of course the first thing that comes to mind and in fact a IMP part of "Free account" concept.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #36
  • Edited 3:37am Jun 3, 2013 2:14am | Edited 3:37am
Update 9 & 10 done in 1st post.



P.S.
A Poll added; Feel free to Vote
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #37
  • Jul 16, 2013 4:49am Jul 16, 2013 4:49am
Update 11 & 12 done in 1st post.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #38
  • Jul 17, 2013 12:50pm Jul 17, 2013 12:50pm
Interesting style of trading, and astonishing results for the past week! Good luck!
insanity: Doing the same thing over... and expecting different results -AE
  • #39
  • Jul 19, 2013 6:20am Jul 19, 2013 6:20am
Quoting qFish
Interesting style of trading, and astonishing results for the past week! Good luck!
Ah... at least someone found it interesting
Astonishing results? no, not yet. The profits are still around 9500% and still haven't completed the 2nd stage target of 10000$
The attempt, in this thread, with highest %age, in history, ended at around 20000% so still half way to reach there (a kind of relative target)
Withdrawal strategy has been changed a good %age.
Lets see how it pans out.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #40
  • Jul 19, 2013 9:52am Jul 19, 2013 9:52am
Saint
Great inspirational thread.
To take 100 to 1000 3x is to me highly respectful.
I also trade unconventional ways.I don't use SL (as soon as people hear no Stop Loss they automatically assume your failure is imminent)and since 2013 I average 8-10% a month but love to take it to next level.
Wish you the best.
In trading, you have to be defensive and aggressive at the same time
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