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+300,000% by 2020 / Follow My Journey

  • #201
  • Aug 14, 2014 8:05pm Aug 14, 2014 8:05pm
I'm heavy with a few of them being highly speculative longs (tight SL)
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Be hopeful in a winning position, and fearful in a losing position.
  • #202
  • Aug 15, 2014 2:03am Aug 15, 2014 2:03am
Tight stops taken out.
This is why I rarely use them.
Who cares, I'm about to make a nice profit when EA flies to the red box (and higher)

Just setup an acc at Oanda so I can run FF TE. Looks like i'll be starting from scratch with this journey so you can follow from true start to finish.
Probably $10k start balance with target $30 million in 6.5 years (end of 2020).

Realistically if I hit anywhere near it I will probably slow down and will take another 5-10 years just trying to gain 20-30% a year with extremely low risks.

My goal is to prove that 400% per annum is achievable with low draw downs. Being able to achieve 400% gain with max draw down of 10%, that means I can achieve a 50% gain with max draw down of 1.25%. Any investor would be astounded at such a performance (50% return with max equity DD of 1.25%)
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Be hopeful in a winning position, and fearful in a losing position.
  • #203
  • Aug 15, 2014 2:16am Aug 15, 2014 2:16am
To be completely fair I should state my net worth is ~$120k so... I'm by no means wealthy.
But when I started FX I started with 5 grand, 34 months ago today actually. (October 15 2011)

$50k into my condo, $10k in silver, $15k in an ammo/firearms... and cash.
Be hopeful in a winning position, and fearful in a losing position.
  • #204
  • Aug 15, 2014 2:24am Aug 15, 2014 2:24am
And a little equities account I play SPX volatility with.
Good trading to you all.
Be hopeful in a winning position, and fearful in a losing position.
  • #205
  • Aug 15, 2014 6:55am Aug 15, 2014 6:55am
Great reading, this thread of yours. Keep it up, and well done.
  • #206
  • Aug 15, 2014 7:08am Aug 15, 2014 7:08am
Quoting Rag2RichesFX
To be completely fair I should state my net worth is ~$120k so... I'm by no means wealthy. But when I started FX I started with 5 grand, 34 months ago today actually. (October 15 2011) $50k into my condo, $10k in silver, $15k in an ammo/firearms... and cash.
So is the hunting that good on your island or crime really that bad ?
  • #207
  • Aug 15, 2014 7:21am Aug 15, 2014 7:21am
I am 24.
I started trading in 2011.
I also have the same dream.
But the difference is I don't use indicators and I will never use.
-milkeyway
  • #208
  • Aug 15, 2014 8:54am Aug 15, 2014 8:54am
EU TP hit EA running
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Be hopeful in a winning position, and fearful in a losing position.
  • #209
  • Aug 15, 2014 8:56am Aug 15, 2014 8:56am
One account. The TP will be removed Sunday. It was incase of a super spike for today.

EURAUD daily
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Be hopeful in a winning position, and fearful in a losing position.
  • #210
  • Aug 15, 2014 8:58am Aug 15, 2014 8:58am
2nd account using tight SL and pyramjd

EA H4
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Be hopeful in a winning position, and fearful in a losing position.
  • #211
  • Aug 15, 2014 9:10am Aug 15, 2014 9:10am
Quoting kumaramy
I am 24. I started trading in 2011. I also have the same dream. But the difference is I don't use indicators and I will never use.

Never say never. Maybe that's why you aren't as far as you'd like to be. Or maybe you are farther than me, who knows.
But the difference is for me this is not a dream it's a realistic goal.

Quoting srt
{quote} So is the hunting that good on your island or crime really that bad ?


Two birds with one stone.

Will scoop it all up if we see under $16
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Be hopeful in a winning position, and fearful in a losing position.
  • #212
  • Aug 15, 2014 9:14am Aug 15, 2014 9:14am
Quoting Rag2RichesFX
{quote} Never say never. Maybe that's why you aren't as far as you'd like to be. Or maybe you are farther than me, who knows. But the difference is for me this is not a dream it's a realistic goal. {quote} Two birds with one stone. {image}
Hmmm... I don't remember seeing any werewolves when I was on St. Kitts.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #213
  • Aug 15, 2014 9:16am Aug 15, 2014 9:16am
Quoting Mr. Scott
{quote} Hmmm... I don't remember seeing any werewolves when I was on St. Kitts.
You must not party past sunset.

Quoting scottik187
Great reading, this thread of yours. Keep it up, and well done.

Thanks, the goal is to inspire.
Be hopeful in a winning position, and fearful in a losing position.
  • #214
  • Aug 15, 2014 9:39am Aug 15, 2014 9:39am
Quoting Rag2RichesFX
{quote} You must not party past sunset. {quote} Thanks, the goal is to inspire.
I see you are on EA, little GA.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #215
  • Aug 15, 2014 9:48am Aug 15, 2014 9:48am
Quoting Mr. Scott
{quote} I see you are on EA, little GA. {image}
I'm long EG so when long EG I'll never trade G anything over E something.

Moving this goal back 3 months to my 30th birthday in March 2021.

30 million by 30 should be name of explorer. lol
Be hopeful in a winning position, and fearful in a losing position.
  • #216
  • Aug 15, 2014 9:58am Aug 15, 2014 9:58am
Quoting Rag2RichesFX
To be completely fair I should state my net worth is ~$120k so... I'm by no means wealthy. But when I started FX I started with 5 grand, 34 months ago today actually. (October 15 2011) $50k into my condo, $10k in silver, $15k in an ammo/firearms... and cash.
Hi R2R

Keep up the good work

Wanted to ask.

You say you went from 5k to 120k right?

How much of that if any was made with your divergence trading on the 5min EU back a year or two ago or has it all been the longer TF stuff

Once again wishing you all the best and will be treading in your footsteps in time with my own shorter TF system

All the best and GL

Rooi
We miss 100% of the shots we don't take
  • #217
  • Aug 15, 2014 11:05am Aug 15, 2014 11:05am
Quoting Rooi
{quote} Hi R2R Keep up the good work Wanted to ask. You say you went from 5k to 120k right? How much of that if any was made with your divergence trading on the 5min EU back a year or two ago or has it all been the longer TF stuff Once again wishing you all the best and will be treading in your footsteps in time with my own shorter TF system All the best and GL Rooi
The small TF is crucial for nailing tight stop entries but I'm not that good yet.

My my buddy can risk $500-$1000 to make $10k+++

See if you caught the short EURAUD at 1.58 top with 10 pip stop and 10 lots you risk is $1000, but you add 1 lot every 100 pips lower price goes. Not including interest, profits would be over $250,000 (at 1.42 EA)

People CAN do that. It's very difficult. My bud texted me when he shorted 9333 Aussies "perfect".

Most profits come from daily swing trades.

GL on your journey too. I think the only "luck" aspect of FX is having stop just barely hit or TP/limit order just barely not hit.
Be hopeful in a winning position, and fearful in a losing position.
  • #218
  • Aug 15, 2014 11:13am Aug 15, 2014 11:13am
Most my profits this year came from Aussie carry trade + pyramid from sub 8800

took it to 9300 before cashing out

patience truly is the key
Be hopeful in a winning position, and fearful in a losing position.
  • #219
  • Aug 15, 2014 11:49am Aug 15, 2014 11:49am
Some of the strangest price action I've ever seen. This is indicative of nobody wanting to buy, but technicals are forcing the consolidation to happen. I guess thats summer markets for ya.

USD will smash everything soon, especially the Oz.

EURUSD H4
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Be hopeful in a winning position, and fearful in a losing position.
  • #220
  • Aug 15, 2014 12:03pm Aug 15, 2014 12:03pm
Quoting Rag2RichesFX
Some of the strangest price action I've ever seen. This is indicative of nobody wanting to buy, but technicals are forcing the consolidation to happen. I guess thats summer markets for ya. USD will smash everything soon, especially the Oz. EURUSD H4 {image}
i totally agree with you,
the bulls need a lower low to buy!

Quoting thodie
{quote} what does your wife say? sorry for all the short ones here i´m long too 4h mixed, daily down but there is a buy signal to come. It may fake out this week the bulls need a drop, i would prefer 1.3315 even with the bad EZ data and expectations the bigboys want drive this lower... {image} {image}
just do it
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