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100 Fold Challenge -> Interested? TEST yourself

  • #701
  • Nov 21, 2013 2:44am Nov 21, 2013 2:44am
this is a good exercise, patience is the key.

add to group.


(1)Starting Equity : 1000 + 4000 = 5000 USD

bonus 400%

(2)Account Currency : USD

(3)Broker Name : Capital One Forex

(4)Leverage : 1: 1000

(5)Trade Explorer Link :http://www.forexfactory.com/axiomafx#21


Good trading all.

you is your system, your system is you.
  • #702
  • Nov 21, 2013 2:57am Nov 21, 2013 2:57am
Quoting Axiomafx
this is a good exercise, patience is the key. add to group. (1)Starting Equity : 1000 + 4000 = 5000 USDbonus 400%(2)Account Currency : USD(3)Broker Name : Capital One Forex(4)Leverage : 1: 1000 (5)Trade Explorer Link :http://www.forexfactory.com/axiomafx#21 Good trading all.
  • #703
  • Nov 21, 2013 3:17am Nov 21, 2013 3:17am
Quoting maflip
{quote}
Now everyone is looking at me.
you is your system, your system is you.
  • #704
  • Edited 5:16am Nov 21, 2013 4:44am | Edited 5:16am
Quoting spyderman
Reload. Here's my info. Starting equity. $51 USD currency Trader's Way is the broker Leverage is 1000:1 Trade explorer link in sig and here: http://www.forexfactory.com/spyderman#03
Alright stats updated
Quoting enochben
Joining the fray! Starting equity: $111 Currency: USD Broker: Traders Way Leverage: 1000:1 Explorer: http://www.forexfactory.com/enochben#58
Alright enochben
Your stats have been updated in 1st post and you are live, listed at no. 56 but your status will remain "pending" as your equity /balance details are all locked/private. Kindly read Rule "N" again and edit the settings in explorer options. let us know thereafter, so that i can change the status

Quoting Axiomafx
this is a good exercise, patience is the key. add to group. (1)Starting Equity : 1000 + 4000 = 5000 USDbonus 400%(2)Account Currency : USD(3)Broker Name : Capital One Forex(4)Leverage : 1: 1000 (5)Trade Explorer Link :http://www.forexfactory.com/axiomafx#21 Good trading all.
LOL 1000:1 and 4000% bonus....holy broker... gotta open some accounts there, if they have normal spreads and no spike hunting , surely worth it if so.
whats the positions stop out level ?

Ok axiomafx.
Your starting equity will be 1000 $ as broker bonus tricks are not part and parcel of these stats. (Read Rule "V")
Your stats have been updated but let us know whether its some micro account (100$)or normal account(1000$) ?
Your status remains "pending" as of now.

Quoting Axiomafx
{quote} Now everyone is looking at me.
not many are watching here else this thread wud have broken thread records . Maflip is in habit of putting pressure on others
Whatever it is, route that in your favour to help you take responsible decisions in your trades, as simple as that. A blessing in disguise


@participants,
lets talk about Yen, who is tracking GBPJPY, USDJPY, EURJPY AUDJPY? what are your views esp, the one going to moon - GBPJPY?
i relatively trade less of yen pairs and lately tracking them
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #705
  • Edited 5:30am Nov 21, 2013 5:20am | Edited 5:30am
Quoting forexsaint
{quote} Alright stats updated {quote} Alright enochben Your stats have been updated in 1st post and you are live, listed at no. 56 but your status will remain "pending" as your equity /balance details are all locked/private. Kindly read Rule "N" again and edit the settings in explorer options. let us know thereafter, so that i can change the status {quote} LOL 1000:1 and 4000% bonus....holy broker... gotta open some accounts there, if they have normal spreads and no spike hunting , surely worth it if so. whats the positions stop out level ? Ok...
Same here as soon as I saw that 400% bonus I looked at the broker right away. lol But they have a warning alert from FPA (Forex Peace Army) http://www.forexpeacearmy.com/public...aloneforex.com So I wouldn't trust them right now. But, for Axiomafx's sake I hope the scam report is not true.

Regards to GJ who knows But, right now it's exactly at monthly resistance so it might play around this level for now.
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  • #706
  • Nov 21, 2013 5:30am Nov 21, 2013 5:30am
Quoting forexsaint
{quote} Alright stats updated {quote} Alright enochben Your stats have been updated in 1st post and you are live, listed at no. 56 but your status will remain "pending" as your equity /balance details are all locked/private. Kindly read Rule "N" again and edit the settings in explorer options. let us know thereafter, so that i can change the status
sorry - updated
  • #707
  • Edited 6:14am Nov 22, 2013 2:37am | Edited 6:14am
Quoting maflip
{quote} Same here as soon as I saw that 400% bonus I looked at the broker right away. lol But they have a warning alert from FPA (Forex Peace Army) http://www.forexpeacearmy.com/public...aloneforex.com So I wouldn't trust them right now. But, for Axiomafx's sake I hope the scam report is not true. Regards to GJ who knows But, right now it's exactly at monthly resistance so it might play around this level for now. {image}
ah yes. any way there are lot shitty conditions attached with that bonus relative to other bonus games, indeed the broker is the purest breed of whole mt4 buckshot clan.
i am yet to find a >500:1 leverage broker, who entertains clients with at least > 50000 $ net profit withdrawals. let me know if anyone knows. Most of them usually kick out traders after withdrawals of 1-10 times the total deposit ( that mostly is within the watermark of <10-20k $ , as far as i have heard & with a bit of experience)

Well GBJPY is still going to moon for many and IMO a long TF short opportunity for me
- Anything about 163 is a good area to start adding shorts, personally took @ 162.50, 163, 163.50 and more limit shorts lined up @ 164 and 165
- Any retrace below 160.50 would confirm the making of swing high for me (whatever it makes)
- 165-166 zone is a confluence RES zone and this whole move esp from 137 dip is showing some (not all) signs of exhaustion
- Saying so it is a fact that shorting this beast is more of like picking a top of a hot (yet cooling) rocket; i will as of now not long this pair and will only look for short opportunities (except i am scalping intra day)
lets c

Quoting enochben
{quote} sorry - updated
ok but how come your account shows equity of 139$ now? what are the two deposits in your explorer, after the date of participation?
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #708
  • Nov 22, 2013 3:24am Nov 22, 2013 3:24am
Quoting forexsaint
{quote} ah yes. any way there are lot shitty conditions attached with that bonus relative to other bonus games, indeed the broker is the purest breed of whole mt4 buckshot clan. i am yet to find a >500:1 leverage broker, who entertains clients with at least > 50000 $ net profit withdrawals. let me know if anyone knows. Most of them usually kick out traders after withdrawals of 1-10 times the total deposit ( that mostly is within the watermark of <10-20k $ , as far as i have heard & with a bit of experience) Well GBJPY is still going to moon for...
I heard those guys would even open an order for a customer to wipe out their account. Don't know if it's true, if it is true, that is so terrible. You know this 100 fold attempt we are doing isn't hard we just need a broker that offers 0% in margin stop loss. Then, all we need is to get it right in 7 consecutive wins, a method with at least 70% win ratio, 100% risk reward each attempt. And with always in a very small account to begin with. Problem is, there is no broker that will allow us that 0% margin stop loss. This one I'm trading with allows 50% stop loss. Best i've seen is 20%... If you know of any broker that allows less than 10% margin stop out let me know. I'd love to trade with them. And, spread needs to be low too off course.
  • #709
  • Nov 22, 2013 5:22am Nov 22, 2013 5:22am
Quoting maflip
{quote} I heard those guys would even open an order for a customer to wipe out their account. Don't know if it's true, if it is true, that is so terrible. You know this 100 fold attempt we are doing isn't hard we just need a broker that offers 0% in margin stop loss. Then, all we need is to get it right in 7 consecutive wins, a method with at least 70% win ratio, 100% risk reward each attempt. And with always in a very small account to begin with. Problem is, there is no broker that will allow us that 0% margin stop loss. This one I'm trading...
There are some 0% stop out brokers too (dont know how special are their games ) That won't make money, good trading skills with high precision trades will (in case its some consecutive win strategy)
There are many brokers offering <50% stop out level too, you are asking about. (I hope you do know the difference between stop out and margin call LVL)
my current broker for this type of trading (fx-pro) offers 5-6% of stop out level , very competitive in the list and relatively a better bucket shop (though it has its own issues), check them out. They offer some rebates too if accounts are opened via a IB (check my profile for a good rebate provider; i have minted ~ 10000 $ of rebates only trading these peanut 50-100$ accounts because often my lots sizes are large as account builds)
(MIND you that i am not endorsing any broker saying so, just providing info, as you asked)

Further check the following link for other options; i have no idea about most and also that this info is up to date or not
http://www.100forexbrokers.com/high-leverage-brokers
( ofc there is no need to mention that one can find more breeds of pure bucketshops/scams in this list. So everyone exercise their own discretion/experience and think many times before depositing a large chunk of banana republic $'s or other ccy's.)

Hope this helps
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #710
  • Nov 22, 2013 5:45am Nov 22, 2013 5:45am
Quoting forexsaint
{quote} There are some 0% stop out brokers too (dont know how special are their games ) That won't make money, good trading skills with high precision trades will (in case its some consecutive win strategy) There are many brokers offering <50% stop out level too, you are asking about. (I hope you do know the difference between stop out and margin call LVL) my current broker for this type of trading (fx-pro) offers 5-6% of stop out level , very competitive in the list and relatively a better bucket shop (though it has its own issues), check...
Ok, thanks, after I blow out this account I'll try out one of them. I think I can do it, as a scalper though. See, it's very possible, my scalp trades today after 2 consecutive losses there was 5 consecutive wins and 1 break even. Just two more wins and it should have done it. One to one risk reward scalp with 70% minimum hit ratio would get a 7 consecutive wins easy. There will be a blow out in probably less than 10 attempts but to loose $10 on each blow out and to possibly get $1000 in the end it's well worth it. But, this I still have to prove to myself.
  • #711
  • Nov 22, 2013 5:54am Nov 22, 2013 5:54am
forexsaint...

Whats the positions stop out level ?
50%

Micro account (100$)or normal account(1000$)
normal $1000

400% bonus so for leverage, capitalinitial loss involves loss of bonus.
you is your system, your system is you.
  • #712
  • Edited 7:29am Nov 22, 2013 7:05am | Edited 7:29am
Quoting maflip
{quote} See, it's very possible, my scalp trades today after 2 consecutive losses there was 5 consecutive wins and 1 break even. Just two more wins and it should have done it. One to one risk reward scalp with 70% minimum hit ratio would get a 7 consecutive wins easy. There will be a blow out in probably less than 10 attempts but to loose $10 on each blow out and to possibly get $1000 in the end it's well worth it. But, this I still have to prove to myself.

People wish doing such stuff was as easy as you are talking (& i know u too)
Yet to find a millionaire formed from such high-precision, high-stake trading, out here on Forexfactory,etc, even though so many thread talking about such sequences/strategies/stuff
Good luck





P.S. I am on track to build such giant profits (published publicly here) from peanut sized money, experimenting various attempts, yet i am not very close to being a millionaire (with these profits). Its not easy to fight the larger %age of odds doing so with small money. Even if the MM part is taken care of (when the risk money(deposit) is small/affordable), there are 2 beasts to deal, Profitable strategy/signals and emotional discipline. The 2nd is the biggest beast . Doing in with a lot of patience and time would probably increase the chances of successful targets, but after an account eats my specific "time period", i usually don't want to spend my "time money". Time has its own costs
Just in case
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #713
  • Nov 22, 2013 7:05am Nov 22, 2013 7:05am
Quoting Axiomafx
forexsaint... Whats the positions stop out level ? 50% Micro account (100$)or normal account(1000$) normal $1000 400% bonus so for leverage, capitalinitial loss involves loss of bonus.
Alright, stats updated and you are live.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #714
  • Nov 22, 2013 7:53am Nov 22, 2013 7:53am
8.75 $$ yes Did it again Boss
"Know what you own, and know why you own it" — Peter Lynch
  • #715
  • Nov 22, 2013 12:04pm Nov 22, 2013 12:04pm
2 margin calls in 2 days, no more counter trend trading for me! Will re-up soon!
  • #716
  • Nov 24, 2013 12:18pm Nov 24, 2013 12:18pm
@Participants
- All weekend updates have been done (got a bit delayed)
-52) NuNixis leading the leaderboard this last week. Thats approx 5 times the starting equity and very few traders have done that. Trade well
- As expected and posted NZDUSD, AUDUSD, NZDJPY proved volatile and good movers
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #717
  • Edited Nov 25, 2013 12:44am Nov 24, 2013 12:31pm | Edited Nov 25, 2013 12:44am
@Participants
Live with next attempt
Starting Equity: 25 USD
Target Equity: 2500 USD
Broker: Fxpro
Leverage(max): 500:1
Trade Explorer : www.forexfactory.com/forexsaint/23

stats updated
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #718
  • Edited Nov 25, 2013 6:14am Nov 24, 2013 11:45pm | Edited Nov 25, 2013 6:14am
Reattempt

Starting Equity: 29.17 USD
Broker: Deltastock
Leverage(max): 200:1
Trade Explorer : http://www.forexfactory.com/gyanpapi#67
"Know what you own, and know why you own it" — Peter Lynch
  • #719
  • Nov 25, 2013 12:58am Nov 25, 2013 12:58am
Quoting gyanpapi
Reattempt Starting Equity: 29.17 USD Broker: Deltastock Leverage(max): 200:1 Trade Explorer : http://www.forexfactory.com/gyanpapi#67
Alright. but correct your explorer link , its pointing to my explorer not yours
Stats updated
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #720
  • Nov 25, 2013 1:07am Nov 25, 2013 1:07am
NZDUSD
IMO the smart money is flowing in into this, from last week lows and remains a Buy on dip for me.
- Earlier personally rode the move from 8200 to 8400 but this retrace was unexpected (after it broke 8250 on downside)
- Anything below 8150 (Gr1AAA SUP LVL) is a good buy for me and kinda add on dip
- On lower TF like H1 and H4, it appears bearish but On D1 , and esp W1 & MN TF, its a buy for large upswing after it retests 8900 and breaks it.
- On downside, 8055 remains a IMP SUP LVL (Gr1AAA) and should not break for Bull bias to remain in short term, ofc 8000 next is another MAJOR (Gr1AAAA) SUP LVL
- Will try posting charts later if time permits

Lets WnW
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
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