• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 10:00am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 10:00am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

How to make money consistently trading forex? 52 replies

Making money consistently from the markets 7 replies

Does anyone here make money consistently from an EA? 3 replies

How many real accounts have you blown before consistently making money in FX? 61 replies

Who has the largest account / has made the most money trading? 10 replies

  • Trading Journals
  • /
  • Reply to Thread
  • Subscribe
Tags: Who has made BIG money with a BIG trading account consistently?
Cancel

Who has made BIG money with a BIG trading account consistently?

  • Post #1
  • Quote
  • First Post: Edited Apr 12, 2013 5:53am Apr 11, 2013 10:41pm | Edited Apr 12, 2013 5:53am
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
Dear Forex Factory's Traders,

A little bit background on myself:
I have been trading forex LIVE since Jan 2010 and never give up until today
My biggest challenge is that I have no confidence to put in BIG money (say about $30k, which is 50% of my total savings) to forex broker (say Alpari UK), as I afraid forex broker will hunting my money if the account is doing well and profitable!

This thread is to find out forex traders who has make BIG money with BIG trading account consistently over the years.
The main objective finding out these is to help me to build up my confidence that it is POSSIBLE to make BIG money in forex market!
As I have heard and seen many traders out there are losing their money and hardly seen traders who are able to consistently make BIG money from forex over the years; and those always showing face to make BIG money are non other than the forex EA/system vendors! but how true is the truth?

If it is really almost impossible to make BIG money even with BIG account from forex market consistently, I might as well stop spending time and energy to focus on stock market or real estate/property market; at least it is proven to be POSSIBLE to make BIG money and profitable from stock and real estate market!

Please try to not discuss money management, psychology or self-discipline here, as it is presumed those who trade with BIG trading account already acquired them.
Preferably, I would like to hear the following feedback from fellow traders here who has make BIG money with BIG trading account consistently over the years:

1. Which forex brokers you are using
2. What type of account/platform
3. Deposit (in USD)
4. What trading strategies/systems you are currently using and proven to be able to make money LIVE (if you don't mind to share)

Let me share mine one (even though I am not making BIG money yet)
1. Alpari UK
2. MT4, Micro account
3. Currently I have two LIVE account with $500 and $1000k respectively to trade on one system with two different settings.
4. I believe is forex growth bot (As I prefer trend or breakout EA rather than scalper EA)

I want to be transparent and will post my account statement every month in my blog http://www.101forexcurrencytrading.com/
  • Post #2
  • Quote
  • Apr 12, 2013 12:47am Apr 12, 2013 12:47am
  •  ViperLead-02
  • | Commercial Member | Joined Apr 2013 | 7 Posts
YOu have posted many questions and answers im not going to attempt to answer them all but I want to address perhaps your mindset...

Man people make the mistake of considering dollar values. As you call it BIG money. Define BIG money or LITTLE money. Everyone has a different understanding of these descriptions, regardless of how much you have you should attempt to retain a single mindset. THink of capital gains in way of percentages (%) Whether you have $1000 or $1,000,000 you should be wanting to make perhaps 2% per week for example, as opposed to a particular dollar value.
Viper Managed Investments
 
 
  • Post #3
  • Quote
  • Apr 12, 2013 1:34am Apr 12, 2013 1:34am
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
Hi ViperLead-02,

Thanks for your comment.
I am totally agree with you that we should look into percentage (%) when come to capital gain, regardless of any investment vehicles.
But this is not my main concern as there are systems/EAs out there already proven to be profitable.
If a EA or system proven to give 40% return annually, I am not afraid to put $1,000 or $5,000 and let it grow. But doing this won't lead to making big money and earn a living as my capital is small.

How many traders out there dare to put, say $50,000, $100,000 or even $1,000,000 to trade in forex market even though it is proven profitable? This is what I want to know from the real traders who have put their hard-earned money into trading and has made a BIG money from their BIG capital.

But i know I am confident and dare to put $50,000, $100,000 or even $1,000,000 if it is stock market or real estate. (Because there are real and true success story from there) Just that I still didn't invest in these because it is not my expertise.

_______________
My challenges to make consistent profits - 101ForexCurrencyTrading.com
 
 
  • Post #4
  • Quote
  • Edited 3:15am Apr 12, 2013 3:01am | Edited 3:15am
  •  MapleLeaf
  • | Joined Dec 2010 | Status: Member | 637 Posts
Hello aeron_1025, good thread.

I would never put that kind of money in RETAIL FOREX BROKERS.

My advice would be to go the ECN FOREX Route if you want to open bigger accounts. Or you can also trade in the E-mini S&P 500 Futures Market. But make sure you are ready for it, and that your trading skills have really evolved and matured.

You can check my last 10 posts in this forum, to read more about RETAIL FOREX BROKERS and why you should go the ECN Router instead.

Also, if I were you, I would only invest 10% of my total savings and not 50%.

BTW, there are no EA's or what you call "System" that will be profitable all the time. You may find one that makes a huge profit in month1, month2, and month3, so you are enthusiastic and jump in, but then in month4, it losses all. I have seen this over and over and over again. No system remains profitable long term. None. Markets change all the time, and thus, those systems you name fail long term.

The best approach for all traders will be to learn trading and gain experience to trade on your own.
The Black Swan: The Impact of the Highly Improbable
 
 
  • Post #5
  • Quote
  • Apr 12, 2013 4:20am Apr 12, 2013 4:20am
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
Hi MapleLeaf,

Great to have your real and honest comment here.

I have gone through your last 10 posts and have earned a great insight from them. Am I right to say that ECN forex account is the ultimate way to go if we want to put in big money in "safe" account and possibly make big money from forex market?

I 100% vouch for your suggestion on "I am thinking about opening a blog to expose all this info in detail to new Traders. It could be the first non-profit FOREX BLOG on the internet. Not even Adsense. That's really unique." as there are lots of things I can learn from you

By the way, I would like to hear form you the following if you don't mind to share:
1. Which forex brokers you are using
2. What type of account/platform
3. Deposit (in USD)
4. What trading strategies/systems you are currently using and proven to be able to make money LIVE (if you don't mind to share)


_______________
My challenges to make consistent profits - 101ForexCurrencyTrading.com
 
 
  • Post #6
  • Quote
  • Apr 12, 2013 4:44am Apr 12, 2013 4:44am
  •  MapleLeaf
  • | Joined Dec 2010 | Status: Member | 637 Posts
Excuse me, I just visited the site in your signature.

Is that your site?... Why does the subscription redirect to "weight lose" snake oil selling?

Are you using some kind of ClickBank Affiliating there?

It would be interesting to know, because that's exactly the kind of things I was talking about in my previous posts, the things and propaganda I really criticize about RETAIL FOREX... Not saying, you are doing it, that's why I'm asking if that's your site.

For example the COOKIE CUTTER Ponzi Scam I see in one of those links: "simple pips dot com"... It's one of the classic online scams you can find about RETAIL FOREX.

Really wondering if that is your blog or not.

I thought you were being HONEST here, but it looks like you are looking to show off (I will avoid the word SPAM for now) the site to sell that worthless "FOREX" stuff.
The Black Swan: The Impact of the Highly Improbable
 
 
  • Post #7
  • Quote
  • Apr 12, 2013 4:53am Apr 12, 2013 4:53am
  •  loleno
  • Joined Nov 2012 | Status: Member | 166 Posts
It's easy to see not many people here trade with big money. I hardly see anyone discussing proper MM, compounding, emotions, etc (you know, the things that really matter). Without a good understanding of these things you cannot successfully trade big money. Most people here are more concerned about finding a good system that consistently makes money. The truth is, these systems are everywhere. But unless you have finally mastered your inner self and understand how proper MM, compounding, and probabilities work then no system in the world will work for you.
 
 
  • Post #8
  • Quote
  • Apr 12, 2013 5:07am Apr 12, 2013 5:07am
  •  Forexnuts
  • | Joined Nov 2011 | Status: Member | 1,160 Posts
If you are a good trader and one who's been getting great ROI every month, then yeah, sure you can invest the big bucks. But remember, like any other form of investment, the $ must be something you are not going to miss if it goes belly up - in other words, invest only what you can afford to lose.
Sure, the temptation is there - to invest big and rake in the big $$$$. So review your trades for the last few weeks and see what you would like to work with..
 
 
  • Post #9
  • Quote
  • Apr 12, 2013 5:32am Apr 12, 2013 5:32am
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
Hi MapleLeaf,

That is my blog and thanks for your feedback. I need to look into that as I wasn't aware of the subscription issue. As my blog is hosting under wordpress and there have been a massive worldwide attack by hackers on Wordpress in the last few days resulting in a crippling server performance.

FYI, There is one affiliate link (updated on 01/04/2013) which I have experienced and used it personally, find it useful and think they might helpful and beneficial to other traders as well. Why want to hide when there are good things to share.

The main purpose of the blog is to journal down my forex journey and share what I have learned as I find that there are hardly anyone willing to share and transparent on their trading journey and performance, whether success or failure in forex trading.

Well, if you think that I am showing off with what I am doing, then I afraid my site is not for you. All things had been written clearly there on disclaimer, disclosure and blog.

If really I would want to make money out of forex, I would have flooded my blog with lots of adsense and affiliates that will give me a good paid regardless whether I am using them or not.

Coming back, the main purpose of this thread is to discuss on the following and unless one is not a real trader here.

Preferably, I would like to hear from who has make BIG money with BIG trading account consistently over the years:
1. Which forex brokers you are using
2. What type of account/platform
3. Deposit (in USD)
4. What trading strategies/systems you are currently using and proven to be able to make money LIVE (if you don't mind to share)


P/S: If anyone want to feedback other than this thread topics, feel free to pm me and I will response to you there. This thread is not mean to discuss this. I hope this make everybody clear.

_______________
My challenges to make consistent profits - 101ForexCurrencyTrading.com
 
 
  • Post #10
  • Quote
  • Edited 10:08am Apr 12, 2013 9:52am | Edited 10:08am
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
I think i had just found some answer to my above queries.
Following are the forex vendors and/or traders' LIVE account which I found on myfxbook:
I think some of them really put a BIG deposit

Noted: I will not publish the name of system to avoid any dispute here.

Track Record Not Verified
Trading Privileges Verified
Broker: Forex MMCIS
Deposits: $10000.00

Balance: $255827.91
Equity (100.00%) $255827.91
Highest: (Feb 25) $302827.33
Profit: $375140.76
Interest: -$1455.05
Traders: (Manual)

Track Record Not Verified
Trading Privileges Verified
Broker: World Pro FX
Deposits: $9982.87

Balance: $38247.21
Equity (92.72%) $35461.51
Highest: (Apr 11) $38247.21
Profit: $28144.14
Interest: -$3438.97
System: (Automated)

Track Record Verified
Trading Privileges Not Verified
Broker: FX Choice
Deposits: $50000.00

Balance: $71110.08
Equity (100.00%) $71110.08
Highest: (Jan 31) $105208.94
Profit: $21110.08
Interest: -$7697.35
System: (Automated)

Track Record Verified
Trading Privileges Verified
Broker: Alpari US
Deposits: $10000.00
Balance: $49984.26
Equity (100.00%) $49984.26
Highest: (Mar 15) $50090.06
Profit: $39984.26
Interest: -$539.60
System: (Automated)

Track Record Verified
Trading Privileges Verified
Broker: EGlobal
Deposits: $105250.00
Balance: $115265.74
Equity (104.95%) $120965.74
Highest: (Apr 12) $115265.74
Profit: $91042.34
Interest: $0.00
System: (Manual)


Track Record Verified
Trading Privileges Verified
Broker: Sparen FX
Deposits: $50000.00

Balance: $333681.96
Equity (100.00%) $333681.96
Highest: (May 09) $425642.75
Profit: $283681.96
Interest: $152.12
System: (Mixed)

Stay tune for more updates soon.

_______________
My challenges to make consistent profits - 101ForexCurrencyTrading.com
 
 
  • Post #11
  • Quote
  • Apr 12, 2013 10:12am Apr 12, 2013 10:12am
  •  Seneca pilot
  • Joined May 2011 | Status: Member | 1,797 Posts
Quoting Forexnuts
Disliked
If you are a good trader and one who's been getting great ROI every month, then yeah, sure you can invest the big bucks. But remember, like any other form of investment, the $ must be something you are not going to miss if it goes belly up - in other words, invest only what you can afford to lose. Sure, the temptation is there - to invest big and rake in the big $$$$. So review your trades for the last few weeks and see what you would like to work with..
Ignored
I apologize for being blunt but this is total BS. If you only risk money you can afford to lose you won't ever care enough to protect it. New traders should use tiny accounts but once you can produce profits consistently you should be trading all the capital you have. You can't get wealthy without taking risks.
 
1
  • Post #12
  • Quote
  • Apr 12, 2013 1:57pm Apr 12, 2013 1:57pm
  •  valita
  • | Joined Mar 2012 | Status: Member | 2 Posts
Remember the bamboo then the people take more time to be productive when de bamboo grow really grow fast .but tale time to grow ,so never give up the persons how take more time to see the money when they see see more than the others,and sorry for my english is not very well
 
 
  • Post #13
  • Quote
  • Apr 12, 2013 4:09pm Apr 12, 2013 4:09pm
  •  aeron_1025
  • | Joined Jan 2009 | Status: Member | 56 Posts
Quoting Seneca pilot
Disliked
I apologize for being blunt but this is total BS. If you only risk money you can afford to lose you won't ever care enough to protect it. New traders should use tiny accounts but once you can produce profits consistently you should be trading all the capital you have. You can't get wealthy without taking risks.
Ignored
Hi Seneca pilot,

Well said, vouch for you statement on "You can't get wealthy without taking risks"!
Many people know the method and the right way to do it, but only those who have gut to take the higher risk will become success and wealthy!

My challenges to make consistent profits - 101ForexCurrencyTrading.com
 
 
  • Post #14
  • Quote
  • Jan 17, 2014 7:15pm Jan 17, 2014 7:15pm
  •  hamedmohd
  • | Joined Jan 2014 | Status: Member | 183 Posts
hi first sorry for my bad English
i will tell you my friend story but i don't have answers for your Questions
before 3 years my friend heard about the forex and within couple of weeks he understand and main things in the game so after he trained in a demo account he open a live account with a deposit of 3000$
first trade he made 500$ and second he lost 500$ and within one week he account net value reach 1500 or 2000 only so he stop trading and he open his mind and read what available in his hand about forex (youtubes,book,online books and training cousin) for full 2 year he only try to understand every thing about the forex and when he finish he build a simple startgy and within a three month he transferred his 1500$ into 22000$

so there is money but as i read in one of the books - forex it is a hardest easy money can anybody make - so must try hard and not invest a penny in this game unless you understand how it is must be played

and for your information i have nice experience in USA stocks i was making around 5% every week but i need a at least 8000$ in my account to do this kind of profit
but forex 100$ it is more than enough to make nice cash every week just you need to do some risky things and a simple plan ( in one day i made 3.5% form my forex account but still i am traning on small amounts)

good luck for you bro and again forex no need of huge amount like stock market.
 
 
  • Post #15
  • Quote
  • Last Post: Jan 18, 2014 6:49am Jan 18, 2014 6:49am
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
Why would anyone who has deposited a large sum go around to random people you have no idea who they are saying look at me I depo'ed this much and I make this like this. You would have to be fucking stupid beyond insane. Tracking on fxbook or something is another thing. I believe it was fxcube that did this and got hacked.
All posts are my personal opinion
 
 
  • Trading Journals
  • /
  • Who has made BIG money with a BIG trading account consistently?
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023