Pip Bazooka - 100$ to a Million in 8 years | Forex Factory

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Pip Bazooka - 100$ to a Million in 8 years

  • #1
  • First Post: Edited Jul 19, 2015 6:13pm Jul 16, 2015 11:44pm | Edited Jul 19, 2015 6:13pm
Hello fellow Forex traders! i have been around this forum for long, after some inspiration from james16 and other prominent traders carried out demoing for a year where i have learned the art of discipline and to cherry pick the trades. Doubled my demo account twice!

Obviously loss is part of a traders life, risk management is the key to survive in this shark world! I want to be a motivation to the fellow traders as james16 was for me. The goal is simple - turn 100$ in to a million not in a day or a month or a year but 8 years!!

Is this achievable? I don't know whether world be around in the next 8 years but anything is possible, the power of a common man to make a million in this shark's world would be a great inspiration for millions of traders who lack discipline and a proper trade plan.

Our Plan:

Start a live account with 100$ and double the account each year two times (100$ to 200$ to 400$)

Each time i double i take 10% out as performance bonus

This post will be updated once we reach Key milestones!

Key Milestones:

Added 100$ to Live account - 20/7/15.
Holy Grails! Do exist with a proper forex plan
  • #2
  • Jul 17, 2015 1:39am Jul 17, 2015 1:39am
do 2 favors to yourself:

1. get your mathematics right, so, after 8 yrs consistently doubling, you wont find yourself disappointed that your $1 million looks more like $25k
2. should you have the capacity to du such feat of doubling account every year, start with something like $10.000 save you about 6 yrs of your life.

I hope to live long enough to see your success, son, but chances are I wont, if you insist that $100 all you get to start with.
there is always, always another trade!!
  • #3
  • Jul 17, 2015 1:45am Jul 17, 2015 1:45am
how 100 can be ! mill , by doubling in a year ?

Thanks
  • #4
  • Jul 17, 2015 1:55am Jul 17, 2015 1:55am
Quoting mkfx
how 100 can be ! mill , by doubling in a year ? Thanks
Start a live account with 100$ and double the account each year two times (100$ to 200$ to 400$) sorry for the typo error
Holy Grails! Do exist with a proper forex plan
  • #5
  • Jul 17, 2015 1:56am Jul 17, 2015 1:56am
Setting up account over the weekend , by the way if i had account now i would trade NZ/USD sell at 6536 TP 6496 with SL 6577 and BE the position after 20 pips in favor Again this a trade which i would take! under my rules. Never risk more than 5%
Holy Grails! Do exist with a proper forex plan
  • #6
  • Jul 17, 2015 2:17am Jul 17, 2015 2:17am
Quoting pip trader
Setting up account over the weekend , by the way if i had account now i would trade NZ/USD sell at 6536 TP 6496 with SL 6577 and BE the position after 20 pips in favor Again this a trade which i would take! under my rules. Never risk more than 5%
Idiot.
  • #7
  • Jul 17, 2015 9:29am Jul 17, 2015 9:29am
Quoting pip trader
i would trade NZ/USD sell at 6536 TP 6496 with SL 6577
Those of you who were in this trade can move the position to BE Now, as it's weekend. Happy trading

Piptrader
Holy Grails! Do exist with a proper forex plan
  • #8
  • Jul 19, 2015 2:37pm Jul 19, 2015 2:37pm
As promised over the weekend i have added a 100$ live account! Will update on the progress each day till i reach my milestone of a million dollars.
Holy Grails! Do exist with a proper forex plan
  • #9
  • Jul 20, 2015 4:40am Jul 20, 2015 4:40am
Day's Update 20/7/15:

Traded the cad/jpy pair for a short the market was turning the other way around so closed the position at BE. Waiting for cad news on wholesale news and see any opportunity arises. If nothing happens in the next one hour then that's for the day.

Happy trading
piptrader
Holy Grails! Do exist with a proper forex plan
  • #10
  • Edited Jul 24, 2015 7:05am Jul 23, 2015 8:07pm | Edited Jul 24, 2015 7:05am
Day's Update 24/7/15:

Am in UJ sell trade now let's see how the trade progresses, am interested in EU as well! Price will tell whether i will enter EU trade or not. Cheers!

UJ trade closed in BE, Entered EU trade that ended in loss, all in all this week am 4.4% down, Hope will be green by next weekend

Happy weekend

PipTrader
Holy Grails! Do exist with a proper forex plan
  • #11
  • Last Post: Jul 27, 2015 5:27am Jul 27, 2015 5:27am
Days update 27/7/15:

I am finally in green took two trades today, we are up 0.9% overall this month. Will soon start posting charts when i get time to show the power of price action.

Happy piphunting!
Holy Grails! Do exist with a proper forex plan
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