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+10% Profit per day

  • #1
  • First Post: Jun 23, 2015 4:33am Jun 23, 2015 4:33am
Hi to all
In this trading journal i will try to trade with my new system and also will link a live trading account for showing that is it possible to reach 10 percent profit in each day of trading?
I know that the sound seems silly for most of traders but as a scalper i believe it is not very hard to reach this goal at the beginning, its hard to continue after the grow of account .
by the way this a test for me and here will be my records hope to continue it every day that i am trading
  • #2
  • Jun 23, 2015 6:26am Jun 23, 2015 6:26am
Sounds GREAT.. look forward to watching your calls..all the best.....
  • #3
  • Jun 23, 2015 9:47am Jun 23, 2015 9:47am
thanks danc
today i have achieved my goal just like yesterday
hope to continue it in future
  • #4
  • Jun 23, 2015 10:54am Jun 23, 2015 10:54am
10% per day?
Start with 100 and you need ab 100 trading days to get 1 million, few years and you own the planet.
F_ck your analysis, I know exactly where the market will go. To the right.
  • #5
  • Jun 23, 2015 11:43am Jun 23, 2015 11:43am
Quoting Taxi Driver
10% per day? Start with 100 and you need ab 100 trading days to get 1 million, few years and you own the planet.
i think after 100 day successful trading it will be near 100k not 1000k.
  • #6
  • Jun 23, 2015 1:26pm Jun 23, 2015 1:26pm
Quoting danc
Sounds GREAT.. look forward to watching your calls..all the best.....
Sounds just what I want to do as I am on a very small wage and cannot afford to do anything or go anywhere , and I only have £300 in my live account , so any suggestions would be received with thanks .. anyone have a good system , I will post my chart on here for opinions when I can figure out how to do it .....
  • #7
  • Jun 23, 2015 11:51pm Jun 23, 2015 11:51pm
How long do you think your account will last when aiming for that amount of daily growth?

Would it not be better to aim for something easier to achieve, say 1-2% per day? What good is an Account that makes massive growth only to give it all back as many people have already demonstrated. Why not try and do something few manage to do: stable growth

Most traders, rookies especially are capable of massive growth within a short period of time, all it takes is high risk trades... but only a professional trader is capable of consistent stable growth regardless of how large/small that growth is

Anyways, my friend just sharing some of my thoughts with you hopefully you find them helpful, Goodluck and Godbless!
A Positive Mind, and Positive Spirit lead to True Happiness
  • #8
  • Jun 24, 2015 12:30am Jun 24, 2015 12:30am
Quoting Rparm
How long do you think your account will last when aiming for that amount of daily growth? Would it not be better to aim for something easier to achieve, say 1-2% per day? What good is an Account that makes massive growth only to give it all back as many people have already demonstrated. Why not try and do something few manage to do: stable growth Most traders, rookies especially are capable of massive growth within a short period of time, all it takes is high risk trades... but only a professional trader is capable of consistent stable growth regardless...
thanks for sharing
I don't know how long does my account will last . i am testing it here.
1-2 percent per day is an ordinary trading for me ( my average profit is over 30% per month) so i took this challenge to see is it possible to trade consistently with better performances?
as you see i am not a beginner and i am agree with you about rookies and their dreams and.....but this is only a personal trading journal and nothing more .
thank u again and good luck
  • #9
  • Jun 24, 2015 12:58am Jun 24, 2015 12:58am
I believe average 10% a day is very feasible.
If must be minimum 10% every single day, I am not sure, because sometimes market is so quiet... but I think it is not impossible.
Good luck!
  • #10
  • Jun 24, 2015 1:56am Jun 24, 2015 1:56am
Quoting Idkurv
I believe average 10% a day is very feasible. If must be minimum 10% every single day, I am not sure, because sometimes market is so quiet... but I think it is not impossible. Good luck!
thank you for your sharing
I am trying to have over 10 percent per day for covering sometimes that market is so quiet.
  • #11
  • Jun 24, 2015 2:08am Jun 24, 2015 2:08am
Hi tetis, good luck with your challenge. Are you sharing your system in this thread too?
Persistence will get it. Consistency will keep it.
  • #12
  • Jun 24, 2015 2:25am Jun 24, 2015 2:25am
Quoting Chake
Hi tetis, good luck with your challenge. Are you sharing your system in this thread too?
hi chake
thank you
lets wait and see that the results its too soon to judge about system and sharing it maybe today or tomorrow the system go down forever and i back to daily 2% profit simple system again
  • #13
  • Jun 24, 2015 3:23am Jun 24, 2015 3:23am
If you intend to stay profitable I would suggest changing broker.

I have seen a friend's responses from them recently, and their dealings are beyond terrible!

Otherwise, good luck to you
Wealth comes from what you keep, not what you earn
  • #14
  • Jun 24, 2015 3:38am Jun 24, 2015 3:38am
Quoting trader34
If you intend to stay profitable I would suggest changing broker. I have seen a friend's responses from them recently, and their dealings are beyond terrible! Otherwise, good luck to you
thank you for advice
i know that about this broker and their tricks like widen the spreads and .... this is not my main broker. i think brokers are a part of this game so i prefer to test the system with such brokers to be more conservative in trading.
thank again
  • #15
  • Jun 24, 2015 4:08am Jun 24, 2015 4:08am
10 % day gain means 10% risk or more 1/2 trade loss mean to cover %..........another gimmick...let see how long you survive ..Gooooood lUUUck
Say something meaningful or Silence!!
  • #16
  • Jun 24, 2015 4:28am Jun 24, 2015 4:28am
Quoting classy
10 % day gain means 10% risk or more 1/2 trade loss mean to cover %..........another gimmick...let see how long you survive ..Gooooood lUUUck
10% daily gain doesn't mean 10% risk .

you can at least be polite and don't call others gimmick , take a look to my background in this forum and then judge.
good luck
  • #17
  • Jun 24, 2015 5:11am Jun 24, 2015 5:11am
"
Quoting tetis
Hi to all In this trading journal i will try to trade with my new system and also will link a live trading account for showing that is it possible to reach 10 percent profit in each day of trading? I know that the sound seems silly for most of traders but as a scalper i believe it is not very hard to reach this goal at the beginning, its hard to continue after the grow of account . by the way this a test for me and here will be my records hope to continue it every day that i am trading
" nice one,good luck,i believe its possible....but might not be sustainable in the long run...i would check in from time to time..
  • #18
  • Jun 24, 2015 5:15am Jun 24, 2015 5:15am
Quoting carbonado
"{quote}" nice one,good luck,i believe its possible....but might not be sustainable in the long run...i would check in from time to time..
thank you
would you please explain why do you think it might not be sustainable in long run?
  • #19
  • Jun 24, 2015 6:43am Jun 24, 2015 6:43am
"
Quoting tetis
{quote} thank you would you please explain why do you think it might not be sustainable in long run?
".....except you are a scalper,you would not be able to do this for long, there would come a time that based on the size of your account, all you would be thinking of would be, call it defence mode.....you would become ultra picky...wanting to pick the best possible entry.....however this is just my thoughts......wish you all the best........
  • #20
  • Jun 24, 2015 6:56am Jun 24, 2015 6:56am
Quoting carbonado
"{quote}".....except you are a scalper,you would not be able to do this for long, there would come a time that based on the size of your account, all you would be thinking of would be, call it defence mode.....you would become ultra picky...wanting to pick the best possible entry.....however this is just my thoughts......wish you all the best........
thank you
in my opinion 90% of trading is a mental game and nothing more .
if you can control your reactions and mental behaviors you will be a successful trader and it must not change when your equity change.
honestly after near 10 years i still need to working hard on my mental states and try to avoid emotional faults .
wish you all best
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