How many traders here can grow $11.88 to over $100k in 4 weeks | Forex Factory

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How many traders here can grow $11.88 to over $100k in 4 weeks

  • Poll

  • Is this posible?
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  • #1
  • First Post: Apr 7, 2013 4:19am Apr 7, 2013 4:19am
Traders, I'm conducting a live experiment starting 8th.April.2013 to increase a little candy price amount of $11.88 to over $100,000 in four weeks. Anyone think this is possible? or impossible? please tell us your point of view, and how possible this is if you think it is.

Your opinion and views are important.
for those following, this is an audited statement from myfxbook. I should have used the explorer but I need a publisher that starts with a clean slate. Blown this account several times in the name of learning.


Thank you.
  • #2
  • Apr 7, 2013 4:24am Apr 7, 2013 4:24am
It is an interesting experiment but it has nothing to do with trading. A casino would probably give you better odds
  • #3
  • Apr 7, 2013 4:34am Apr 7, 2013 4:34am
Quoting fido
It is an interesting experiment but it has nothing to do with trading. A casino would probably give you better odds
Interestingly, With a casino, you can't bet with $11.88; but with forex, you can. Even with $5
  • #4
  • Apr 7, 2013 4:52am Apr 7, 2013 4:52am
Quoting e.trader
Interestingly, With a casino, you can't bet with $11.88; but with forex, you can. Even with $5
Yes, you can ... Start with the slot machines and work your way up to the poker table
  • #5
  • Apr 7, 2013 5:03am Apr 7, 2013 5:03am
regardless of the fact its not trading,(whatever that means)i always believed its sole purpose was to make money regardless of how,

but although this is extremely unlikely,its still a possibility, and for that reason alone i would like to invest $11.88 for 50 % of the $100k.

crazier things happen in this game and it might be his time
  • #6
  • Apr 7, 2013 5:33am Apr 7, 2013 5:33am
Friday: Deposited 2.30€ on account managed to make 33.99 euros of it, so anything is possible but it's risky. That same day after the "big" proffit i failed and ended up with 5.80€ and again made it to 12€ before the markets closed.
  • #7
  • Apr 7, 2013 5:40am Apr 7, 2013 5:40am
I know someone who turned 2000 to 250,000 in 5 months but what you are suggesting seems very very unlikely, Good Luck
  • #8
  • Apr 7, 2013 6:08am Apr 7, 2013 6:08am
This is only gambling ... not trading.
MT4/MT5 EAs/Indicators/Alerts coder
  • #9
  • Apr 7, 2013 6:23am Apr 7, 2013 6:23am
anything is possible, what matters is your risk of ruin, do you want to trade in a fashion where it's impossible to wipe out your whole account? do you want to take on a small risk of it happening or a large risk...

It's all just probabilities, but you will find that over time as traders become better, and by better I mean more consistent, they tend to gravitate towards trading that involves small risk.

To get up and trade day in, day out, and know for sure that no matter how bad the day goes you will be back tomorrow makes trading far more manageable and less prone to emotional trading mistakes.
tradewith60
  • #10
  • Apr 7, 2013 6:24am Apr 7, 2013 6:24am
Quoting e.trader
I never gave up even after 8 years! Now I can increase $10 to $300k in just 4 weeks. Of course with a minimum leverage of 1:300; with a honest and transparent Brker. PM me for clues to build a perfect strategy.
Yawn!you're kind of new to the whole scamming game aren't you? Don't worry I've been hustling people out of money around here since 2004. Send me a PM for more clues
First hint: If you tell us you're from Nigeria, then we know you're from Nigeria
Time hides Nothing
  • #11
  • Apr 7, 2013 6:38am Apr 7, 2013 6:38am
Quoting 60minuteman
anything is possible, what matters is your risk of ruin, do you want to trade in a fashion where it's impossible to wipe out your whole account? do you want to take on a small risk of it happening or a large risk... It's all just probabilities, but you will find that over time as traders become better, and by better I mean more consistent, they tend to gravitate towards trading that involves small risk. To get up and trade day in, day out, and know for sure that no matter how bad the day goes you will be back tomorrow makes trading far more manageable...


your statement is extremely brilliant. My SL is just 35 pips on a very high probability 95 or 100 pips target 3 to 4 times weekly. So, I believe it will take time like you will all see. Thanks. very constructive post
  • #12
  • Apr 7, 2013 7:04am Apr 7, 2013 7:04am
people win the lotto too.
high leverage, trend and lots of luck
World has no limits.
  • #13
  • Apr 7, 2013 7:24am Apr 7, 2013 7:24am
Quoting e.trader
your statement is extremely brilliant. My SL is just 35 pips on a very high probability 95 or 100 pips target 3 to 4 times weekly. So, I believe it will take time like you will all see. Thanks. very constructive post
Looking Forward to your trades WHEN you take it from today! I am with you. Good Luck to all!
  • #14
  • Apr 7, 2013 8:11am Apr 7, 2013 8:11am
Brilliant
I opened another a new account and deposit only $30 four weeks ago precisely and now total $ 231 and still open 1 short $40, the rumors next open market will be a gap 100 pips down.
Tell us how you could do it master? if i may call you master (The Super Drunken Master)
  • #15
  • Apr 7, 2013 8:21am Apr 7, 2013 8:21am
I do believe that you can do so.
with a micro account, 0.01 lot, and a good EA that it will not stop all days and nights, i think it might be.
thank you
samer
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #16
  • Apr 7, 2013 8:23am Apr 7, 2013 8:23am
Quoting shahroor
I know someone who turned 2000 to 250,000 in 5 months but what you are suggesting seems very very unlikely, Good Luck
good for him
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #17
  • Apr 7, 2013 8:26am Apr 7, 2013 8:26am
Good luck to you my friend, and I am a believer, there are many trades that happen over and over again that give you 2 to several times the risk to enter the trade, so I beilieve it is possible
  • #18
  • Apr 7, 2013 8:28am Apr 7, 2013 8:28am
Good luck to you my friend, and I am a believer, there are many trades that happen over and over again that give you 2 to several times the risk to enter the trade, so I believe it is possible
  • #19
  • Apr 7, 2013 8:33am Apr 7, 2013 8:33am
Quoting e.trader
My SL is just 35 pips on a very high probability 95 or 100 pips target 3 to 4 times weekly.
Anyway, just my personal opinion, no offence.

Base on the above profit taking method, the probability of reaching your target 100k with about 12 bucks capital is near zero. With leverage, I will break down my TP about 10 times each 10 pips (10*10) to pocket the 100 pips and grow the capital(Due to the increased pip value).

Next, It also depend on what kind of instruments you are playing, because a daily pips range will be different from the total pips ranges of all swing high and swing low of a day. So if you are a scalper working all day, I may think you may have higher chance of achieving your target than other kind of traders.

The rest will depend on your M/M, abit of luck, the volatility of instruments during that 4 weeks.

Anyway, I cant achieve this kind of target, so I will be rooting for you, good luck and all the best! Subscribed!
The only winner is the one who survive the longest...
  • #20
  • Apr 7, 2013 9:32am Apr 7, 2013 9:32am
Stop screwing around. Following good money management and sane investing ptactices it is abolutely NOT possible. Disagree? Post your proof. Lets see an actual verifiable account statement with the consistent returns required for such a ridiculously STUPID claim. Otherwise you're just another voice in the scam crowd...do us all a favour...try to at least come up with something original.

The, "I went from nothing to rich in 6 months" will only get the most stupid of investors...and if they're that stupid, the are unlikely to have any money...or is your buy in only 11 dollars? Really?

Its insulting to those of us who are actually trying to make this forum something of value to others.
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