It is the dust where you came from & it is the dust where you shall return
- #315
- Jul 25, 2015 12:44pm Jul 25, 2015 12:44pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
What percentage profit per day IS possible? 67 replies
Percentage vs. Pips per Trade vs. Pips per Day/Hour! 7 replies
Personal Take Profit and Stoploss (per human, not per trade) 0 replies
Is 5% profit per day unreasonable? 18 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{quote}Slowly my account is growing, despite taking what i need to survive. That's my goal. But, i never enforce daily/weekly quotas. I take what the market gives me, from my own rules. Anything else would be to force trading, and the results of that are evident by our illustrious posters here.Ignored
Disliked{quote} hmm... didnt know this reason... you didnt tell this before... then it would be much more easy for me to understandIgnored
Disliked{quote} The whole reason i first paid attention to this thread was because I suspected Tetis may try to do the same. Thankfully i was wrong, and he is not this way. But there have been many more to start threads with titles such as this, and within 3 pages, they have just happened to mention they would offer some service for a fee. I didn't mention because I honestly thought this was common knowledge. Just take a look at the commercial section. So many gurus, who have yet to make a dollar! When people like me try to convince their followers that...Ignored
DislikedHaving said that, i still think that from your previous quote, 20-30% annually is good for long term success.... I disagree. I do far more than that, and have done for years. I can only assume whoever said that is some kind of MN trend trader who makes maybe 10 trades per year. Even regulated forex based hedge funds are doing far better than that annually https://www.dukascopy.com/fxcomm/fx-...90&language=enIgnored
Disliked{quote} your avg monthly ROE how much? & that will be my target for nowIgnored
Disliked{quote} Average currently sitting at 14.8% monthly. Best month on record + 27%. Worst was -3%. Total max DD has been -7%, never higher in 2 years. Very manageable for me. Few things to consider...this is using one concept on 8 pairs. This alone has become my "bread and butter" trading. I do have the scalp account, which primarily was used to see if i can apply a relatively high risk system to my main account, but so far I am not comfortable with my risk settings, and I don't include that in my "real" performance. This is what my TE is linked to,...Ignored
DislikedAs you can see below. I gain 36.7% on the first day (tuesday). it then shrinking to 20.5% on the second (Wednesday). Finally, first loss occured with minus 3.5%. After that, my account is blown. {image} It's just a mind game, more or less. I took another round of this method recently (in July 2015), with great determination at first. It only lasted three days before i blown my account once again.. It's not the problem with your trading system or broker or whatever. It also doesn't have any connection with any prediction here given by so called professional....Ignored
Disliked{quote} Yes, you are right maybe... becoz when I did 165% ROE May last week... I still have that journal but too bad deleted that TE... anyway, within 4 days I did 80% ROE & that time i had 2 months of exp in fx & that time trading like a piece of cake to me!! dont know... maybe you are right, but also some day came across that trading is like the hardest thing i did ever in my life! anyway... its complicated things... from next Monday I will start again... 1st one is realistic trading & 2nd one is 5-10-20% ROE per dayIgnored
Disliked{quote} I believe you did. Just maintain whatever you are doing right now. Keep the momentum steady. As for me, i will schedule my trading days so that i can keep the momentum in steady growth. Not that kind of exponential one.It is a big responsibility to play by the plan.. First, i have to know the strengthness and the weakness i have in myself. You should too. (try the live account for once, with micro lot). Later i WILL be a wise trader. After that, watch the profit come in steadily, without any hesitation.
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Disliked{quote} Many trader will tell you & i also heard that DEMO & Live is totally different... maybe but I never seen any different at all... When I did high return on demo then I did same high return on my live too... but, yes a simple difference is this - That was DEMO & it is live... emotions works here... nothing else & What i learn as for high return means 5-10-20% ROE.... we naturally did 1-3% ROE per trade even more... & whole day total 5-10 trades maximum... if we careful enough & dont rush for opportunity just wait patiently for it & you wont...Ignored
Disliked{quote} hehe. I also did that before. 100+% in 3 days. But, the environment then is totally different.. My son is only about 4 mths old (now almost 22months). It takes courage to admit to myself. After making some crazy run with the pips, we should know when to stop. Anyway, (still) hoping you will go with a live account. That is the 1st step you should make. Join XM and get the $30 free upon registration.. Hoping to learn, what trading arsenal do you have that made the 80%. I'll wait for it. It should be great!Ignored
Disliked{quote} ya have to quit from Exness... so you recommended XM? No arsenal at all... just used COG indicator & tried to detect over brought & over sold in M1 & M5 chart... I guess, sometimes it works sometimes it isnt... thats why stopped using COG rather trying to learn how to use Supply & Demand zone in M30 to H4 chartIgnored
Disliked{quote} COG? That's a first time for me. Supdem indicator is just like the normal support and resistance we used to do. Used once. But no luck with it. (I thought you coould give Xm a try because they're offering $30 free upon registration. But, the choice's all yours. No problem with that)
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DislikedAs you can see below. I gain 36.7% on the first day (tuesday). it then shrinking to 20.5% on the second (Wednesday). Finally, first loss occured with minus 3.5%. After that, my account is blown. {image} It's just a mind game, more or less. I took another round of this method recently (in July 2015), with great determination at first. It only lasted three days before i blown my account once again.. It's not the problem with your trading system or broker or whatever. It also doesn't have any connection with any prediction here given by so called professional....Ignored