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

  • #101
  • Apr 8, 2013 7:59am Apr 8, 2013 7:59am
Quoting FerruFx
You didn't read one of his last posts ... He said he is waiting for low risk setups to appear
... or PM's to appear.. one or the other. Either way I've just gone short on him..My risk... NOTHING
Time hides Nothing
  • #102
  • Apr 8, 2013 8:49am Apr 8, 2013 8:49am
Quoting CindyXXXX
... or PM's to appear.. one or the other. Either way I've just gone short on him..My risk... NOTHING
Hello!
I meet "PM" word again and again in this thread. What is it anyway?
Thanks!
  • #103
  • Apr 8, 2013 8:53am Apr 8, 2013 8:53am
Quoting kb24
Hello! I meet "PM" word again and again in this thread. What is it anyway? Thanks!
Hi PM is an "in" word for the guys that have let's say "been around the block" a few times.

It means Positively Match made.

Traders are lonely sort of people, so they have this underground term that they use when they wanna hook up for some kinky cyber sexual actioning. If you know what I mean.

Hopefully some things make more sense to you now.

... You Asked!

Good PIppin
Time hides Nothing
  • #104
  • Apr 8, 2013 8:53am Apr 8, 2013 8:53am
So when does this short lived exercise commence? I'm intrigued to see what position you enter on and fade
  • #105
  • Apr 8, 2013 9:10am Apr 8, 2013 9:10am
Quoting kb24
Hello! Could you please explain a bit what does that mean. As far as I can understand on the way down up you gonna take profit and reenter with increased lot size. Am I right? Thanks!
Yea, you are right. I am giving example base on his strategy of catching 100+/- pips profit, because everytime a pocketed 10 pips profit, units available increase, so the pip value increase as well. So the total 100 pips profits will be different from the 10*10 TP method, but of cos, you gonna lose some due to spreads.

Actually I play something like that in my smaller account on compounding like my explorer, but I always try to protect my base, and decrease lot size whenever I lose. I also try to minimize consecutive losses. I increase lot sizes when I am winning. But dont follow my method, I am just out to make some beers.
The only winner is the one who survive the longest...
  • #106
  • Apr 8, 2013 9:13am Apr 8, 2013 9:13am
Bro, e.trader, can you post an explorer, I had my chips ready. I hate listening to a movie without a screen.
The only winner is the one who survive the longest...
  • #107
  • Apr 8, 2013 9:20am Apr 8, 2013 9:20am
Quoting CindyXXXX
Hi PM is an "in" word for the guys that have let's say "been around the block" a few times. It means Positively Match made. Traders are lonely sort of people, so they have this underground term that they use when they wanna hook up for some kinky cyber sexual actioning. If you know what I mean. Hopefully some things make more sense to you now. ... You Asked! Good PIppin
I've got this strange kind of feeling that after explanation the term became even more mysterious than before . Please be patient with me as I am not an English native speaker. Let's do it again and keep it simple as if in dictionary rather than speaking as Morpheus in Matrix movie. Okay?
Thank you very much indeed!
  • #108
  • Apr 8, 2013 9:28am Apr 8, 2013 9:28am
Quoting kinspk
Bro, e.trader, can you post an explorer, I had my chips ready. I hate listening to a movie without a screen.
http://www.myfxbook.com/members/etra...d9S1TaKlD4JvWY
This is supposed to be readable here, but still no data to display
  • #109
  • Apr 8, 2013 9:40am Apr 8, 2013 9:40am
Quoting kb24
http://www.myfxbook.com/members/etra...d9S1TaKlD4JvWY This is supposed to be readable here, but still no data to display

Thanks bro, ya, nothing to be seen yet. Hope when there's something out to motivate me to achieve something I think I can never do it.


If North Korea triggered a World War, maybe we got a chance to pocket many pips and achieve beyond what we can achieve usually. Anyway, I am dreaming, lol.
The only winner is the one who survive the longest...
  • #110
  • Apr 8, 2013 10:07am Apr 8, 2013 10:07am
Quoting Samer1970
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
LOL. If it was so easy, all people in the world would be rich...You are really crazy likes others who believe him. There are no way in a month to earn 100k, at least you will be really lucky risking your whole deposit in every trade. But it is GAMBLING, not TRADING!
  • #111
  • Apr 8, 2013 10:20am Apr 8, 2013 10:20am
Quoting SarasR
There are no way in a month to earn 100k
Of course it's possible ... but not with $11.88 as a starting capital !
MT4/MT5 EAs/Indicators/Alerts coder
  • #112
  • Apr 8, 2013 10:31am Apr 8, 2013 10:31am
Wow, there is really a new one of these every week. Someone comes and presents a system that is "proven" and that goes against at least 1 tenet of responsible trading. People tell them it won't work, they argue and think that they have discovered the holy grail. They invariably gain 1 or 2 supporters who tell them "don't worry about the haters." A few days (or longer in a few rare cases) later, the trade explorer is closed as the account begins its inevitable decline. This has to be one of the more silly instances I've seen. Most people are lucky to get 5% a month or maybe more on lucky months, but you are talking about is 841751% in a month.

This is:

  1. 210438% per week
  2. 35073% per day (if you trade Friday and Sunday)
  3. 42088% per day (without Sunday)
  4. 52609% per day (without Sunday or Friday)
  5. 292%, 372%, or 548% per hour depending on how many days you trade per week
  6. 4.87%, 6.21%, or 9.13% per minute depending on how many days you trade per week


If you started 8th of April at 0:00 (18.5 hours ago in your timezone), then your account should be already up by 5000-10000% already. Your account should be between $642.36 and $1202.43 by now. You are already behind your goal by thousands of percent! Hope you can surprise me, but honestly your goal is to increase your account by 3 to 5 times each hour. Good luck

  • #113
  • Apr 8, 2013 10:54am Apr 8, 2013 10:54am
Quoting MechoCola
Wow, there is really a new one of these every week. Someone comes and presents a system that is "proven" and that goes against at least 1 tenet of responsible trading. People tell them it won't work, they argue and think that they have discovered the holy grail. They invariably gain 1 or 2 supporters who tell them "don't worry about the haters." A few days (or longer in a few rare cases) later, the trade explorer is closed as the account begins its inevitable decline. This has to be one of the more silly instances I've seen. Most people are...
Great post ... Not sure if the thread starter worth that you took your time to make this post ... but great post.
MT4/MT5 EAs/Indicators/Alerts coder
  • #114
  • Apr 8, 2013 11:14am Apr 8, 2013 11:14am
Quoting FerruFx
Great post ... Not sure if the thread starter worth that you took your time to make this post ... but great post.
Thanks. I just love to play with Excel I also realized that I didn't take compounding into account in that post. New stats using compounding should be:

 

  1. ~2.39% per hour without Fri and Sun
  2. ~2.02% per hour with 1 of Fri or Sun
  3. ~1.91% per hour with both Fri and Sun


His account should still be up by the unreasonable amounts of 55%, 59%, or 72% by now anyway

  • #115
  • Apr 8, 2013 3:21pm Apr 8, 2013 3:21pm
I throw a few hundred in an account twice a year just to go crazy with the account and win big, keeps that mindset away from my main accounts

I started with $300 this time around and a little after I opened it I got my first client to trade for and completely disregarded my 300 to 10k account and it suffered terribly. I forgot I had a GJ short open and it crushed the account to $17... So the last few days I decided to seriously try this and get to 10k

It was down to 16.75 now up to 30 in a few days so I pretty much doubled it... So it is more like $17 to 10k lol... you can watch my thread for updates and once a month I will have my explorer live for a few days. I had a few pm's from people thanking me as they piggy backed my trades.... So no more of that
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  • #116
  • Apr 8, 2013 5:29pm Apr 8, 2013 5:29pm
Quoting MechoCola
New stats using compounding should be: ~2.39% per hour without Fri and Sun ~2.02% per hour with 1 of Fri or Sun ~1.91% per hour with both Fri and Sun
24 Hours have passed since you started. To keep on your original plan your account should be between 18.41 and 20.43 dollars now. If your account is still at 11.88 now, you have to make 2%, 2.13%, or 2.54% per hour from now on. According to your trade explorer, it's at 13.57 (which is weird since you haven't made any trades). Nonetheless, if starting from 13.57 you need to make 1.97%, 2.1%, or 2.5% per hour from now on. I don't think it's really possible.
  • #117
  • Apr 8, 2013 9:36pm Apr 8, 2013 9:36pm
I can turn 100$ into 1,000,000$

But i need 1 year.
  • #118
  • Apr 8, 2013 10:32pm Apr 8, 2013 10:32pm
Quoting No-Luck
I can turn 100$ into 1,000,000$ But i need 1 year.
If you were able to do this, you should be the richest human within the next few years ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #119
  • Apr 8, 2013 10:38pm Apr 8, 2013 10:38pm
Quoting No-Luck
I can turn 100$ into 1,000,000$ But i need 1 year.


Money never sleeps...
  • #120
  • Apr 9, 2013 11:00am Apr 9, 2013 11:00am
joys of compounding, but do it seriously and with method....... started off with £11
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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