DislikedSaint 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.Ignored
Unconventional trading is so frowned upon usually and esp. here by the so called "self" gurus. There are many types of unconventional stuff which works.
I also do the "conventional" trading with my other accounts but that doesn't mean stuff like this doesn't make money. The Risk Reward ratio between money invested in these tiny accounts & the net "realized" profits is amazingly high.
Its just that i am still not consistent enough to keep converting these accounts on regular basis. (The consistency i have set for myself)
Further some may no even give a damn about "Regular basis" if can convert 100 to 0.1 million in few weeks or month or so. Depending upon how is the lifestyle, one can just do that once , twice, thrice, etc an year and be done with other good things of life, which money can buy.
Yes, i have seen posters staring & mocking others(in the form of words) when "No SL" is mentioned. People can have different style & wide risk profile. Very small trade-size relative to account equity is enough to absorb normal fluctuations in price. except one is trading something which is illiquid, it may be fine for some.
Anyway as its said "there are more than one way to skin the cat"
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152