$200,000 in 6 Months? What do you think about this challenge? | Page 5 | Forex Factory

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$200,000 in 6 Months? What do you think about this challenge?

  • #81
  • Jan 20, 2014 5:54pm Jan 20, 2014 5:54pm
Quoting Mroue26
{quote} you have Poker mind i see that you're gambling and putting all in
What you are doing is also gambling ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #82
  • Jan 20, 2014 6:18pm Jan 20, 2014 6:18pm
Quoting FerruFx
{quote} What you are doing is also gambling ...
i dont (bet) in 2000 out of 5000 my percentage is 16.667% that means his 50k lot size should be 8.3 lots.. not 20!
  • #83
  • Jan 20, 2014 6:20pm Jan 20, 2014 6:20pm
Quoting Mikkk01
{quote} Right!!! Ferru, you, newbish gambler!! 400$ in one trade... you're my trading god, how much should I prepare for the course?
PM me
  • #84
  • Jan 20, 2014 6:22pm Jan 20, 2014 6:22pm
Quoting Mroue26
{quote} i dont (bet) in 2000 out of 5000 my percentage is 16.667% that means his 50k lot size should be 8.3 lots.. not 20!
16% of your account in a trade with infinite risk (no SL) is gambling ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #85
  • Jan 20, 2014 7:31pm Jan 20, 2014 7:31pm
Quoting FerruFx
{quote} 16% of your account in a trade with infinite risk (no SL) is gambling ...
ok ok OKKK i got ur opinion dude give me a break u and ur fkn SL!!!!! gooo use ittt i dontt want to!
  • #86
  • Jan 20, 2014 7:48pm Jan 20, 2014 7:48pm
Quoting Mroue26
{quote} ok ok OKKK i got ur opinion dude give me a break u and ur fkn SL!!!!! gooo use ittt i dontt want to!
That's the attitude, killer! Go for it Teach Mr. Market tricks. Humble Mr. Market.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #87
  • Jan 20, 2014 7:59pm Jan 20, 2014 7:59pm
Quoting Mroue26
{quote} PM me
http://3.bp.blogspot.com/-P4CGaisSBm...facepalm12.jpg
The single most important factor is having control of your own life.
  • #88
  • Jan 20, 2014 9:06pm Jan 20, 2014 9:06pm
Mroue26, i dont think your plan will succed.You increase the lot size too often, even if the price reverses, at some point, not necessarly very quick, sometimes needs weeks to reverse.

Even then, since you use too big lot size, you will definitely get a margin call.So either increase the TP and not the LOT, or just switch to 1:1 leverage.Otherwise it will be very hard to avoid the MC.

Might wanna check out my NO-SL system,i calculated exactly the risks associated with NO-SL, i`m also in favor of it , but i know that in the long term it will fail, so the plan is to remain in the game as long as possible and then quit trading when we made alot of cash.

http://www.forexfactory.com/showthread.php?t=467309

But with a margin call happening just once, it could diminish our chances of success significantly.
"There's a sucker born every minute" - P.T. Barnum
  • #89
  • Jan 20, 2014 9:17pm Jan 20, 2014 9:17pm
i won't say stupid newbie don't know xxxxxx

i'd say incapable trader doesn't understand one thing

when he asks this kind of question "is it possible to earn xxxx$ in yyyy time?" or "can someone grow his acount xxx% per year?", the answer is very very obvious:

He CANNOT!

one shallow reason is that if he can, he won't ask, lol.

the fundamental reason, is that a capable trader knows exactly where his limits are and therefore doesn't ask such questions.

the new traders should avoid reading this kind of fruitless/confusing/misleading threads. i spent my good 3 minutes to contribute to this purpose.

edited: i'm relaxed so that i even read the OP's idea. it won't work. it is in your fantasy. i've been there.
but you won't agree until you fail miserably.
  • #90
  • Jan 20, 2014 9:32pm Jan 20, 2014 9:32pm
Quoting charvo
i won't say stupid newbie don't know xxxxxx i'd say incapable trader doesn't understand one thing when he asks this kind of question "is it possible to earn xxxx$ in yyyy time?" or "can someone grow his acount xxx% per year?", the answer is very very obvious: He CANNOT! one shallow reason is that if he can, he won't ask, lol. the fundamental reason, is that a capable trader knows exactly where his limits are and therefore doesn't ask such questions. the new traders should avoid reading this kind of fruitless/confusing/misleading threads. i spent...

MT4/MT5 EAs/Indicators/Alerts coder
  • #91
  • Jan 21, 2014 1:09am Jan 21, 2014 1:09am
Quoting Mroue26
{quote} i just made 400$ in one trade now on GBP WITHOUT SL! .. u need more traning to know how to do it -_-
Hero calls followed by margin calls...
  • #92
  • Jan 21, 2014 1:14am Jan 21, 2014 1:14am
Good luck! Don´t have any expectations. Just act like a robot. The problem comes when you have a loss. Then you should take a break for a few days.
Twitter: FutureRates
  • #93
  • Jan 21, 2014 1:39am Jan 21, 2014 1:39am
Quoting Mroue26
{quote} you have Poker mind i see that you're gambling and putting all in

I choose quality over quantity.

less stress and smoother equity curve.

therefore I can bet bigger.
  • #94
  • Jan 21, 2014 2:03am Jan 21, 2014 2:03am
Man, earning plans don't work on forex whatever calculations you do. You will never make constant profit on forex, your success on forex is defined by the ratio of profit losses or by the margin. Stop to be space cadet it is better to make up some tenable trading plan and spent more time to learning.
  • #95
  • Jan 21, 2014 2:25am Jan 21, 2014 2:25am
Quoting leebsurag
Man, earning plans don't work on forex whatever calculations you do. You will never make constant profit on forex, your success on forex is defined by the ratio of profit losses or by the margin. Stop to be space cadet it is better to make up some tenable trading plan and spent more time to learning.
Sometimes it is needed to fail to understand this. It is not easy to be a human! I think the more you fail the better you get. It is better to fail with small cash than larger.
Twitter: FutureRates
  • #96
  • Jan 21, 2014 2:42am Jan 21, 2014 2:42am
Quoting FutureRates
{quote} Sometimes it is needed to fail to understand this. It is not easy to be a human! I think the more you fail the better you get. It is better to fail with small cash than larger.
Much better to have a brain which will help you to make use of the info around and succeed bypassing the 'failing' part.
The single most important factor is having control of your own life.
  • #97
  • Jan 21, 2014 3:11am Jan 21, 2014 3:11am
Quoting Mikkk01
{quote} Much better to have a brain which will help you to make use of the info around and succeed bypassing the 'failing' part.
If it would be that easy we would not have any problem in this world
Twitter: FutureRates
  • #98
  • Jan 21, 2014 3:26am Jan 21, 2014 3:26am
I'm very interested to see what happens, I wish you the best of luck...If i'm honest though, I maybe give this thread till page 15-20 before it's died due to a margin call....I actually have an OCD about putting a stop loss on my trades.

All the best!
  • #99
  • Jan 21, 2014 3:28am Jan 21, 2014 3:28am
Quoting FutureRates
{quote} If it would be that easy we would not have any problem in this world
Works for me... lol

My condolences to everybody who still can't get that one doesn't need to invent anything or fail miserable in order to get what he wants - it may work of course but I prefer the easy way, if you're a masochist - go for it!!
The single most important factor is having control of your own life.
  • #100
  • Jan 21, 2014 4:27am Jan 21, 2014 4:27am
Quoting Mikkk01
{quote} Works for me... lol My condolences to everybody who still can't get that one doesn't need to invent anything or fail miserable in order to get what he wants - it may work of course but I prefer the easy way, if you're a masochist - go for it!!
Great to here it works
Twitter: FutureRates
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