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How I Made 1000% Profit

  • #61
  • Apr 16, 2015 10:59pm Apr 16, 2015 10:59pm
Quoting jplazard
{quote} Seriously your explorer and others here who are not only consistent but have a better RR and HOW TO clings to this one the same day the thread was made.
Dont understand you
The only winner is the one who survive the longest...
  • #62
  • Apr 16, 2015 11:02pm Apr 16, 2015 11:02pm
Quoting jplazard
{quote} Haha and I look forward to your next wave DD with your martingale EA you bought for $15 online from some guy in a third world country.
Well said. I really don't understand these martingale guys
  • #63
  • Edited 11:49pm Apr 16, 2015 11:37pm | Edited 11:49pm
After reading all replies I deleted my posts.
Its useless arguing common sense to those who are in 95% category.
Idiot who does not understand difference of 25 account and 25k account must be totally out of touch what money IS!!
One can piss away 25 100 200 without regard and that's casino but one does not gamble with 25k account risking 12k! Just does not happen in any trading institution worthy of calling Trading.

I spent years reading what real traders think and do trust me nothing on this thread even come close.
Usually one idiot attracts other idiots and snow ball effect takes over utill party comes crushing down in bloody mess.
Remember the Portuguese martingale dude here? With champagne picks every time he hit 100% return? Lasted few months and got busted taking entire entourage with him.Never heard from him again.His logic was After 300pips there is sure guarantee retrace and he was mainly trading the Aussie... well it did not turn out well.
What is sad that rookies get attracted to 1000% return and get their mouths salivating without understanding anything really.Busting account after account chasing the illusion....
I am in frame of mind that only few succeed in trading because that's just how nature works smartest survive stupid get crashed.
In trading, you have to be defensive and aggressive at the same time
  • #64
  • Apr 16, 2015 11:52pm Apr 16, 2015 11:52pm
I agree with the above 100% and have seen other former posters do the same with the allure of these one off returns. I have also deleted my post on this thread and should of never got into it with those who don't know how it is as Davit perfectly explained.

I yield the thread back to OP to do his thing. GL
  • #65
  • Apr 17, 2015 12:09am Apr 17, 2015 12:09am
I like how the thread is called "How I made 1000% Profit" and then the details as to "how" are..... "I used fundamental and technical trading method"

No kidding?
  • #66
  • Apr 17, 2015 12:36am Apr 17, 2015 12:36am
Didn't know a 1000% Profit can be so personal hahaha. After it has all been said.


TRADE WITH THE MONEY YOU CAN AFFORD TO LOOSE

DON'T TRADE THE DIRECTION, TRADE THE MOVE
  • #67
  • Apr 17, 2015 3:11am Apr 17, 2015 3:11am
Quoting Nico1359
I like how the thread is called "How I made 1000% Profit" and then the details as to "how" are..... "I used fundamental and technical trading method" No kidding?
Should be "Proof" instead of "How" ?
  • #68
  • Apr 17, 2015 3:32am Apr 17, 2015 3:32am
Yeah, I made this mistake when i started. I thought I was a savant.
tick tock...
#rookiemistakes
  • #69
  • Edited 3:44am Apr 17, 2015 3:36am | Edited 3:44am
Hi, GrowthHack/Guys

A couple of things stands in this guys/girls favour:

 

  1. Trading on a live account
  2. Despite the criticism, there are no threats of violence or other abuse posted in response
  3. Not selling anything

Yes, I agree the path to the results and the DD are not palatable to most of us, but at least someone is making an effort to be open about the trading. In my book that is a good start.
More info on risk/money management and trading style would be of interest - just seen a page I missed.

MT

  • #70
  • Apr 17, 2015 2:58pm Apr 17, 2015 2:58pm
Quoting Davit
Usually one idiot attracts other idiots and snow ball effect takes over utill party comes crushing down in bloody mess.
Love it and so True....
  • #71
  • Apr 17, 2015 4:23pm Apr 17, 2015 4:23pm
We have to discuss something more about the allowed DD according to win ratio

BTW added BE in USDCAD for next week
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADWeekly.png Size: 28 KB
  • #72
  • Apr 17, 2015 7:46pm Apr 17, 2015 7:46pm
How did you do this?

Nice job... Incredible.
Trade at your own risk.
  • #73
  • Apr 17, 2015 8:22pm Apr 17, 2015 8:22pm
I am not advocating we all pursue 50% drawdown in our strategy but here is an interesting article from a futures mag that talks about the relation of drawdown and potential profit. It is a fact that higher drawdown almost always = higher profit potential.

Attached File(s)
File Type: pdf Trading for Infinite yield-- Utility theory and you.pdf   378 KB | 1,435 downloads


System using drawdowns around 25-45% are expected to receive annual returns of 35%.
Systems using drawdowns around 50-70% are expected to receive annual returns of 80-100%+

For the results GrowthHack is receiving, his drawdown is theatrically totally acceptable.
  • #74
  • Apr 17, 2015 8:44pm Apr 17, 2015 8:44pm
Quoting Sis.yphus
I am not advocating we all pursue 50% drawdown in our strategy but here is an interesting article from a futures mag that talks about the relation of drawdown and potential profit. It is a fact that higher drawdown almost always = higher profit potential. {image} System using drawdowns around 25-45% are expected to receive annual returns of 35%. Systems using drawdowns around 50-70% are expected to receive annual returns of 80-100%+ For the results GrowthHack is receiving, his drawdown is theatrically totally acceptable.
How is it a 'fact' that profit potential is indicative of how much drawdown of your trades you allow...? Sorry that's one of the most ridiculous things I've read.

Allowing your account go 50% against you in a single trade just means
a) You don't have a good entry method to your strategy, if you're allowing your account to go 50% into the red (and expecting it to)
b) You do not have sound money management

Thinking that because you're letting a trade run that far against you, 'surely' it will come back your way into profit, is being extremely ignorant. And that's where the lack of experience shows with people posting their 'for' arguments in agreeing with this drawdown issue.
  • #75
  • Apr 17, 2015 9:11pm Apr 17, 2015 9:11pm
Quoting pierre23
{quote} How is it a 'fact' that profit potential is indicative of how much drawdown of your trades you allow...? Sorry that's one of the most ridiculous things I've read. Allowing your account go 50% against you in a single trade just means a) You don't have a good entry method to your strategy, if you're allowing your account to go 50% into the red (and expecting it to) b) You do not have sound money management Thinking that because you're letting a trade run that far against you, 'surely' it will come back your way into profit, is being extremely...

Did you even read the article? I doubt it, that would be too much time for some one like yourself to invest in their future.

These max drawdowns are usually not generated by one single loss, its from a string of losses a system produces... something all systems have, some times years long as described in the article, which you didn't read... Before you make any more assumptions, at least read the article so you are not speaking from ignorance.

It's a fact because risk comes hand in hand with reward. No matter what MM strategy you are using, the more your potential risk is, the more your potential reward is. The more you risk the more drawdown you will receive since each losses is worth a bigger % of your account...

1% risk with 5 Losses = -5%
5% risk with 5 losses = -25%

1% risk with 5 wins = +5%
5% risk with 5 wins = +25%
  • #76
  • Apr 17, 2015 9:35pm Apr 17, 2015 9:35pm
Quoting pierre23
{quote} How is it a 'fact' that profit potential is indicative of how much drawdown of your trades you allow...? Sorry that's one of the most ridiculous things I've read. Allowing your account go 50% against you in a single trade just means a) You don't have a good entry method to your strategy, if you're allowing your account to go 50% into the red (and expecting it to) b) You do not have sound money management Thinking that because you're letting a trade run that far against you, 'surely' it will come back your way into profit, is being extremely...
Not allowing 50% DD in a single trade, ( my first trade was closed in 40% loss that was mistake ) but allow 10% DD in a single perfect entry, if your entry continue loss 5 times and total equity reached at 50% DD then your sixth trade must be a win based on your system, 6th trade will get confirmation of winning pattern if you have one good system
  • #77
  • Apr 17, 2015 9:41pm Apr 17, 2015 9:41pm
Quoting Sis.yphus
{quote} Did you even read the article? I doubt it, that would be too much time for some one like yourself to invest in their future. These max drawdowns are usually not generated by one single loss, its from a string of losses a system produces... something all systems have, some times years long as described in the article, which you didn't read... Before you make any more assumptions, at least read the article so you are not speaking from ignorance. It's a fact because risk comes hand in hand with reward. No matter what MM strategy you are using,...
Nope, didn't have to when you're making ridiculous and misleading claims such as 'Systems using drawdowns around 50-70% are expected to receive annual returns of 80-100%+'

And if your point was to prove this over a string of losses, why did you post exactly? I can ask you the question of did you even read this thread? OP has SINGLE trades that reached 40% drawdown. Then we have this other rookie whose trying to argue his point (whose trade explorer is labeled "martingale"), who also has a single trade of -68% of the account.

No one ever said that risk doesn't go hand in hand with reward. Which again leads me to believe you perhaps read only a few posts and decided to chime in with ridiculous statements.

The difference is, people using higher lots and/or letting their trade go against them for xxx amount of pips (ie accepting much larger drawdowns), are just looking to get rich quick.

If you're expecting your trade to go against you by 100 pips, why not lower your lots for acceptable money management?

There's literally no other way to explain it. If you're not willing to do your homework before you get into a trade then it's more like gambling then trading.
  • #78
  • Apr 18, 2015 12:12am Apr 18, 2015 12:12am
Sigh ... stop create fairy tales ... if my real capital is $10k, I deposit $100 into the live account and trade it, then it become 1k. What is the % relative to real capital and account capital ? 10% vs 1000%, myth debunk.
  • #79
  • Apr 18, 2015 3:56am Apr 18, 2015 3:56am
I recovered my equity 3 times from below 50% DD and earned 1000% profit within 3 month by using 100 closed trades < this is what the subject

how many ideas out there to recover money from below 50% DD to 1000% profit or how many sure bet patterns you know to open perfect entry let me know like attached bullish candle stick pattern or any other fundamental reasons you know ?
Attached Image
  • #80
  • Apr 18, 2015 5:32am Apr 18, 2015 5:32am
I've had previous trading experience and this week deposited 100 into my trading account , lost 25 pounds then turned the remaining 75 into 1002 by Friday so over 1000% for me aswell, it can definitely be done just hard to be consistent like that
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