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FF "Rags To Riches" Millionaires!

  • #121
  • Oct 13, 2014 1:14am Oct 13, 2014 1:14am
All I want to say.Never let anyone set limits for you.
http://www.mql5.com/en/signals/51832...story&page=192

Everything in life is relative to the work you put in

THIS IS NOT MY SIGNAL BUT WOULDN'T OF MINDED IF IT WAS
We miss 100% of the shots we don't take
  • #122
  • Oct 13, 2014 1:38am Oct 13, 2014 1:38am
Quoting Rooi
All I want to say.Never let anyone set limits for you. http://www.mql5.com/en/signals/51832...story&page=192 Everything in life is relative to the work you put in THIS IS NOT MY SIGNAL BUT WOULDN'T OF MINDED IF IT WAS
damn!!! $1k to over $100k in 3months with suuch a looooow DD, wow! thats all I have to say! wow! such Low DD and such good RR Ratio!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #123
  • Oct 13, 2014 1:51am Oct 13, 2014 1:51am
Quoting Soros
{quote} damn!!! $1k to over $100k in 3months with suuch a looooow DD, wow! thats all I have to say! wow! such Low DD and such good RR Ratio!
Dont know what they do etc but 1% a day is relative

People say 1 % is too small.50 % a year is too much.Bla Bla Bla ........

If you have $1000 for trading and you risk 1% = $10
If you take $200 of that $1000 put it in a separate account and risk $10 ( the same amount ) it equals 5% risk on the account but 1 % risk on capital in you Bank account you keep your trading money in so you are taking the same risk on capital but the growth on the smaller account with bigger risk % will grow much faster.
Bearing in mind you have a proven track record of wins and a decent tested system

Like you say : DD % is important and then just use your leverage correctly
We miss 100% of the shots we don't take
  • #124
  • Oct 13, 2014 2:02am Oct 13, 2014 2:02am
Quoting Rooi
{quote} Dont know what they do etc but 1% a day is relative People say 1 % is too small.50 % a year is too much.Bla Bla Bla ........ If you have $1000 for trading and you risk 1% = $10 If you take $200 of that $1000 put it in a separate account and risk $10 ( the same amount ) it equals 5% risk on the account but 1 % risk on capital in you Bank account you keep your trading money in so you are taking the same risk on capital but the growth on the smaller account with bigger risk % will grow much faster. Bearing in mind you have a proven...

DD and profit factor is extremely important, it dtermines how faaaar you can stretch your risk to acheve whatever desired returns, i dont like martingale because you cant do that with it, theres not much you can do with it and youre not in control.... I rsk 3% because of my personality, that 3% rsk can give me 30& in 6 winning trades, and my strike rate is pretty high, but theres alt of mambo jumbo stuff that i wont talk about that complicated that equation
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #125
  • Edited 2:43am Oct 13, 2014 2:30am | Edited 2:43am
Quoting Rooi
All I want to say.Never let anyone set limits for you. http://www.mql5.com/en/signals/51832...story&page=192 Everything in life is relative to the work you put in THIS IS NOT MY SIGNAL BUT WOULDN'T OF MINDED IF IT WAS

There's high risk that account history is forged, because of unknown broker from British Virgin Islands that makes error even in word "deposit" - "no depoist tour" on homepage. It's better to test this signal provider on really small account. EDIT: It's rather not a good idea to test it on small account, because it costs $1500 a month
  • #126
  • Oct 13, 2014 2:38am Oct 13, 2014 2:38am
Quoting insomniawawa
{quote} There's high risk that account history is forged, because of unknown broker from British Virgin Islands that makes error even in word "deposit" - "no depoist tour" on homepage. It's better to test this signal provider on really small account.
I don't follow anyone.I make my own decisions.ALWAYS!

I dont care if its a fraud or real.To me it just shows potential.

I know its not a FF Rags to Riches story but at least its close.

Anyways.

All the best

Rooi
We miss 100% of the shots we don't take
  • #127
  • Oct 13, 2014 4:30am Oct 13, 2014 4:30am
Quoting Rooi
All I want to say.Never let anyone set limits for you. http://www.mql5.com/en/signals/51832...story&page=192 Everything in life is relative to the work you put in THIS IS NOT MY SIGNAL BUT WOULDN'T OF MINDED IF IT WAS
Growth 10 015%
Subscribers 0
Weeks 10

Why to try to sell it, anyway, but then at $1500/month wont be that many takers, surely.

Btw, I scalp , but this is a little fast paced, lol...Avg holding time: 14 seconds...any delays in the signal and your results would differ dearly.
there is always, always another trade!!
  • #128
  • Oct 13, 2014 4:57am Oct 13, 2014 4:57am
Quoting Rooi
All I want to say.Never let anyone set limits for you. http://www.mql5.com/en/signals/51832...story&page=192 Everything in life is relative to the work you put in THIS IS NOT MY SIGNAL BUT WOULDN'T OF MINDED IF IT WAS
quickest way to burn your capital.. really 14seconds avg holding time?

i will gladly pass...

good luck copying his signals.
practising coitus interruptus
  • #129
  • Oct 13, 2014 4:57am Oct 13, 2014 4:57am
Quoting Kenxyz
I generally don't post but I'll make an exception for this thread as there's a lot of misconceptions on trading in general - and trading to earn money/get rich. First of all, every trader has a different mentality, personality and psychology. Does it mean one is better than the other? No. Does it mean that the person who is right most of the time is better? No. Ultimately, it is a mash-up between your trades, risk management and the most important element - consistency. I read a few pages back, and I will agree that trading is not all that is hyped...

great post, my philosophies and ideas are almost like yours!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #130
  • Oct 13, 2014 5:04am Oct 13, 2014 5:04am
1st trade of the week!!!!



should I put a trade explorer? month end I will start with FXCM and start the real thread, for now how can i post my current succes without over exposing myself and without Trolls thinking im bull#@#ng?


****my current acc is a live acc with $5 to 15k, i wont say the exact figure*******
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #131
  • Oct 13, 2014 5:09am Oct 13, 2014 5:09am
Quoting Soros
1st trade of the week!!!! should I put a trade explorer? month end I will start with FXCM and start the real thread, for now how can i post my current succes without over exposing myself and without Trolls thinking im bull#@#ng? ****my current acc is a live acc with $5 to 15k, i wont say the exact figure*******
link your real account to a demo. put the demo on trade explorer, set the TE to your convenient.
That which does not kill us makes us stronger
  • #132
  • Oct 13, 2014 5:15am Oct 13, 2014 5:15am
Quoting moneymove
{quote} link your real account to a demo. put the demo on trade explorer, set the TE to your convenient.

dont know how to do that, trolls will think im Bull crapping!! I have a great idea for the theme of my journey!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #133
  • Oct 13, 2014 5:17am Oct 13, 2014 5:17am
Aahh.. Another fellow dreamer, carry on my friend.. May god (and luck) be with you...
And for the trade, why don't you take a screenshot of your completed trade(s), like this one http://www.forexfactory.com/showthre...68#post7793668
  • #134
  • Oct 13, 2014 5:28am Oct 13, 2014 5:28am
Quoting irfan.zee01
Aahh.. Another fellow dreamer, carry on my friend.. May god (and luck) be with you... And for the trade, why don't you take a screenshot of your completed trade(s), like this one http://www.forexfactory.com/showthre...68#post7793668

WOW! GREAT ADVICE BRO, I WILL DO JUST THAT, UPDATE DAILY OF CLOSED TRADES AND ALSO DRAWDOWN, THE MOST IMPORTANT THING IS MAKING ALOT OF MONEY AND KEEPING DRAWDOWN TO THE MINIMUM, YES I SAID MOOOONEY, ive heard "Gurus" say with the mentality of "Money" you wont be a succesful trader, thats BULL CRAP, a philosophy is as effective as the person who believes in it.... trading is my pasion, i love trading more then anything, when i trade and after each trading week i see money made or money lost.... i do this for pasion but i also do it to make money!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #135
  • Oct 13, 2014 5:32am Oct 13, 2014 5:32am
Quoting avibe
{quote} quickest way to burn your capital.. really 14seconds avg holding time? i will gladly pass... good luck copying his signals.
No need for luck or anything mate.
You missed my point
Please read here : http://www.forexfactory.com/showthre...31#post7796531
Quoting Rooi
{quote} I don't follow anyone.I make my own decisions.ALWAYS! I dont care if its a fraud or real.To me it just shows potential. I know its not a FF Rags to Riches story but at least its close. Anyways. All the best Rooi
We miss 100% of the shots we don't take
  • #136
  • Oct 13, 2014 6:48am Oct 13, 2014 6:48am
Quoting avibe
check out www.instagram.com/oceannsky the only forex millionaire..rags to riches trader i know of
Careful -- looks like oceannsky might be a scam...

  1. http://www.scamexposure.com/scam-rep...st-c54073.html
  2. http://www.ferrarichat.com/forum/oth...-oceansky.html

  • #137
  • Oct 13, 2014 6:48am Oct 13, 2014 6:48am
Quoting Rooi
{quote} I don't follow anyone.I make my own decisions.ALWAYS! I dont care if its a fraud or real.To me it just shows potential. I know its not a FF Rags to Riches story but at least its close. Anyways. All the best Rooi
unfortunately one can curvefit everything. Even a simple supposedly random system can be curvefitted to show insane equity curves.

You guys should study some statistics and get some reality back. To do proper statistical work is amazingly difficult. If you don't know what you are doing then you will come up with "apparently" perfect systems which will in reality not work cause they are overfitted and have no real statistical significance.
  • #138
  • Edited 7:40am Oct 13, 2014 7:25am | Edited 7:40am
Quoting Custos
{quote} unfortunately one can curvefit everything. Even a simple supposedly random system can be curvefitted to show insane equity curves. You guys should study some statistics and get some reality back. To do proper statistical work is amazingly difficult. If you don't know what you are doing then you will come up with "apparently" perfect systems which will in reality not work cause they are overfitted and have no real statistical significance.
Its not curve fitted to anything its a system that is running on a live or demo account.

Is it curve fitted on the future?

You seem to read the statistics wrong mate.
We miss 100% of the shots we don't take
  • #139
  • Oct 13, 2014 8:06am Oct 13, 2014 8:06am
Quoting Rooi
{quote} Its not curve fitted to anything its a system that is running on a live or demo account. Is it curve fitted on the future? You seem to read the statistics wrong mate.
sorry, my bad, thought it just shows a backtest.
  • #140
  • Oct 13, 2014 9:00am Oct 13, 2014 9:00am
Quoting Custos
{quote} sorry, my bad, thought it just shows a backtest.
Hi Custos

No probs.I just like to keep one eye on it to see what they are doing with that type of stuff.

All the best

Rooi
We miss 100% of the shots we don't take
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