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Attachments: Is it possible to earn 30% per month consistently for 4 years?
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Is it possible to earn 30% per month consistently for 4 years?

Quoting apu21
I want to ask all the expert traders here that, is it possible to earn 30% of our invested capital in a compound way for consistently for 4 years? I have seen many traders that claim to have a gain of more than 30% per month, are they telling the truth? If it's possible then investing only $100 can be turned into $29,463,267.63 after 48 winning month. I want to ask all the traders that is there any real strategy that can make it possible? Even I made a strategy which looks to be holy grail and giving me about 30% per month. But I don't know how...

since this is a yes or no question :

Quote
is it possible to earn 30% of our invested capital in a compound way for consistently for 4 years? I

Yes.
Hero calls followed by margin calls...
I think you can do some maths, how many people in the forum are millionaires ,how many are billionires and how many are still struggling to seek their path to fortune
patience is a virtue
Anything is possible. Out of the 5% most of them walk, a few run, but most of them only hurt themselves in doing so. Just remember that trading will be here tomorrow, will you? Good luck in your journey.
Quoting invictus7827
Anything is possible. Out of the 5% most of them walk, a few run, but most of them only hurt themselves in doing so. Just remember that trading will be here tomorrow, will you? Good luck in your journey.
Will it?
Quoting apu21
I want to ask all the expert traders here that, is it possible to earn 30% of our invested capital in a compound way for consistently for 4 years? I have seen many traders that claim to have a gain of more than 30% per month, are they telling the truth? If it's possible then investing only $100 can be turned into $29,463,267.63 after 48 winning month. I want to ask all the traders that is there any real strategy that can make it possible? Even I made a strategy which looks to be holy grail and giving me about 30% per month. But I don't know how...

Yep!

Will a new trader do that? Ah nope!

People forget this is like any other profession it takes time to master. Your numbers will fluctuate according to what the market is willing to give, not some generic number. The holy grail does not exist by the way. That's just some newbies make up in their mind.
Quoting apu21
I want to ask all the expert traders here that, is it possible to earn 30% of our invested capital in a compound way for consistently for 4 years? I have seen many traders that claim to have a gain of more than 30% per month, are they telling the truth? If it's possible then investing only $100 can be turned into $29,463,267.63 after 48 winning month. I want to ask all the traders that is there any real strategy that can make it possible? Even I made a strategy which looks to be holy grail and giving me about 30% per month. But I don't know how...
Possible of course but not very likely! Nobody can guarantee this. My opinion is make your own plan. Something more reasonable.
Quoting FerruFx
{quote} If you want to have consistent results, the only thing you should do is concentrate on your own trading instead of looking at what others are doing. A method/system can be profitable for me and not necessary for you.
This is a GOLD statement!
I am totally agree with you! The best strategy is your own strategy, hence you need to focus on it without looking others.
OOOH...., NO ONE TOUCH MY CABBAGES!!!!
@apu21 I had come across companies that made roughly 30% from institutional trading strategy, however it is a complete different ball game as they profit from commissions, retention and returns. As for the consumer traders fact, I had witnessed traders that made above global index returns and only to have their account busted due to poor money management in a matter of seconds, minutes, hours, days, months and years. Trading is a lot like casino, it is a matter of how much stakes are you willing to sacrifice for the expected returns and knowing when to walk away from the market.
militarymonk
Right on Aus! I liked his comment!

I know how to do it. Make that 30%. Well make 100% actually.

I can flip that in a month. Well, used too. lol

You see, I was trading sports. So I developed an NBA system, that would do just that. It works. It is easy, relentlessly boring, and in all honesty, I took it once from a low of $28 to high of about $1800. In 1.5 months. Then I got drunk and blew it all on horse racing!

I do not drink anymore. ROFL!

Long story short, I want to convert the system to FOREX. Betfair no longer allows Canadians to trade. I fully back tested the NBA system, it works fine. There are limits however. NBA games only trading 100K to a few million during the playoffs. It s the same move, over and over. And over some more! About 2k is about all I could win, and then maybe make $500 a month. There is not enough liquidity in that sport market. Other markets do not emulate pips well. They move way too fast.

I could explain the system, and maybe you people can give me some ideas on how to convert it.

It has to be a pair, like USD/CAD. So for the night, it is Forex USA against Forex Canada.

More on that if you are interested.

I am mostly looking for a micro account in Canada.

For now, just tell me if this works. Spreads and that, I will work it out later. They are much less than a 5% vig in sports, and Betfair was about equivalent to a 5 pip spread.

I played FOREX before. But the site closed to Canadians. That was back in 2000.

What is with those Canadians???

Is tradeo any good? Looks ok. I just want to fund by credit card. I am looking for micro trades, and the yearly average per day, that the USD/CAD move. In percentage. Like .3% volatility per day. The game is over when I win or lose. lol

It starts at 8 P.M. And I quit when I lose, play again next day. Same move, every day...

I want to start real easy. I want to play with $10, and quit when I lose a buck, or sell when I make $5. I do not care about the Forex news, or anything like that. To me, the price is just a scoreboard. I just need some basic data and forum brilliance!

Great thread BTW! Gonna read the whole thing!

An old gambling tale, but true! Yes, I am gambling, not investing. That is why I plan to play small dollars. I have won big, and lost big. However I have always made money in the end. I could lose a grand gambling, and win it back starting over with $50. Then i would gamble it all again. I just wanted to hit a big score! lol!

I fully intend to do the same again! Take some profits, but bet big using profits. My best win was about $700 in FOREX. I shorted the USD every day at 8 P.M., and sold small losses, held on the good nights. if a currency jumps 1% in a night, and you get in right, you will have a good night!

http://www.theglobeandmail.com/news/...article973604/

My learning curve for now is a couple of hundred most likely lost. I am out of shape...
Of course, its very possible. The only challenge you will have is yourself the trader. Once you start winning consistently, you may be tempted to become greedy and it may look too easy, thats when you loose everything.

But generally, its possible if you stick to a simple plan for example maybe focusing on just 10 pips everyday with 1% lot size of your equity, and being consistent without eyeing large opportunities and attempting to surpass your target.
Quoting apu21
I want to ask all the expert traders here that, is it possible to earn 30% of our invested capital in a compound way for consistently for 4 years? I have seen many traders that claim to have a gain of more than 30% per month, are they telling the truth? If it's possible then investing only $100 can be turned into $29,463,267.63 after 48 winning month. I want to ask all the traders that is there any real strategy that can make it possible? Even I made a strategy which looks to be holy grail and giving me about 30% per month. But I don't know how...

Yes it's possible.

But so is putting Humpty Dumpty back together again.

It doesn't mean we shouldn't try. Let me know how it goes.

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I say sure, why not. I expect the "$1,000 to $300,000,000 in 48 Months" thread to show up any day now.
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File Type: xlsx whatever.xlsx   10 KB | 199 downloads
"If The Fool persists in his Folly he will become wise." - William Blake
Quoting The Fool
I say sure, why not. I expect the "$1,000 to $300,000,000 in 48 Months" thread to show up any day now. {file}
Hehehehe......I beat you :-)
Quoting Copernicus
Hehehehe......I beat you :-)
lol...love those spreadsheet profits
"If The Fool persists in his Folly he will become wise." - William Blake
Quoting The Fool
{quote}lol...love those spreadsheet profits
What do you mean spreadsheet profits? I've already spent it on a research startup that wants to develop breast implants for the world's starving poor. Surely you jest.
Quoting Copernicus
{quote} What do you mean spreadsheet profits? I've already spent it on a research startup that wants to develop breast implants for the world's starving poor. Surely you jest.
I think he means that this sheet is only theorical. Real life is far different ...
MT4/MT5 EAs/Indicators/Alerts coder
Quoting Copernicus
Surely you jest.
Who...me? Seriously, though, my real answer to the op's question is something like this: newb traders always ask questions like this & post spreadsheets proving that x% gains per day or month will result in y $bazillions in returns over time period t. Ho hum. What any trader really must consider in assessing trading results and future returns is how he manages risk. The larger the risk and drawdowns you incur in realizing any positive returns, the less likely it is that you will maintain positive results of any kind, nuch less the fantastical results you dream of.

Statistically speaking, the overwhelming answer to the thread's question is, "No."
"If The Fool persists in his Folly he will become wise." - William Blake
  • Post #178
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  • Edited at 4:40am Jun 5, 2016 4:22am | Edited at 4:40am
Quoting The Fool
{quote}Who...me? Seriously, though, my real answer to the op's question is something like this: newb traders always ask questions like this & post spreadsheets proving that x% gains per day or month will result in y $bazillions in returns over time period t. Ho hum. What any trader really must consider in assessing trading results and future returns is how he manages risk. The larger the risk and drawdowns you incur in realizing any positive returns, the less likely it is that you will maintain positive results of any kind, nuch less the fantastical...
Yep. You and I (and I expect apu21) were just have a jest at the reality of statements like "to make 30% consistently" when dealing with the cold hard world of reality. The spreadsheet is just a convenient device to bring you into the world of sanity from the lofty dream.
not going to read the whole thread but of course it's not possible to keep on compounding at such a rate .... most likely possible with small amounts but as you get bigger you will soon reach your limits of what you can move. Even oanda has maximum size of 10.000.000, so in practice that means you can trade half of that if you want to reverse each time ....
I am far from making so much money but I guesstimate if you are making 5.000.000 € a year you are at the top of what can consistantly being made daytrading ... more are dreams from lalala-land
I dont think you can trade effectively with a $100 deposit I think you need to start with $1000 to $5000 as a minimum to start trading but some people will insist on trading with $100 so who knows I think profits vary month to month and it depends on whether you are scalping or long term trading
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