$10,000 Profit a Month Personal Challenge | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

1,000 to 10,000 in 2 years challenge 17 replies

Challenge 100€ to 1,000,000€ 27 replies

I challenge my self to withdraw profit every month ( GBP/JPY) 417 replies

Frosty's '$2,000 to $60,000 in 12 Months' Challenge. Care to follow along? 43 replies

$1,000 to $5,000 USD challenge 18 replies

Attachments: $10,000 Profit a Month Personal Challenge
Exit Attachments

$10,000 Profit a Month Personal Challenge

  • #241
  • Jan 24, 2017 8:33am Jan 24, 2017 8:33am
Quoting dukas_trader
{quote} you are right. but if someone is speaking about he has experience, is trading many years, has made millions with it - and then is showing stupid beginner mistakes in many kinds, thats a little bit crazy.
this might be so, but let the fools to give him their money. fuck'em. they deserve it all. let them judge for themselves. don't help them...

meanwhile, being on live deserves some respect, even if they guy might be retarded. i do not care what he actually is. i respect him to trying live...
Maadik Hugiis. IQ 69.
  • #242
  • Edited 11:48am Jan 24, 2017 11:17am | Edited 11:48am
I think it would be a good idea to have everyone posting on a thread share a TE account of their own, demo or live. It would give people a reliable reference of the real deal behind the posts, A good way to filter out fake expert opinions.

(I myself am a novice trader as the TE shows, not that you want to see it.
http://www.forexfactory.com/mamabear#acct.85)
  • #243
  • Jan 24, 2017 5:33pm Jan 24, 2017 5:33pm
Wow, these accounts went south fast... It looked like a good and profitable system but I guess its just another system which will eventually inevitably blow the account. Slow and steady wins the race every time.
  • #244
  • Jan 24, 2017 6:23pm Jan 24, 2017 6:23pm
Where is Dax30?

Thanks Dax30 you have shown that over time you cannot make money on forex. That you cannot make $10,000 per month from forex. That overconfidence will ruin your account. That you have no golden goose.
You came here for the truth and let me unveil it for you
  • #245
  • Jan 25, 2017 12:47am Jan 25, 2017 12:47am
Quoting erud
Wow, these accounts went south fast... It looked like a good and profitable system but I guess its just another system which will eventually inevitably blow the account. Slow and steady wins the race every time.
All I can see is that these accounts haven't synced for five days so we don't know in what state they are. Every system or trading method has its drawbacks, market changes all the time. It doesn't matter if you lose month or two, what matters is that your profits are constant in the long run.
  • #246
  • Jan 25, 2017 3:58pm Jan 25, 2017 3:58pm
Quoting 1pipperhour
{quote} All I can see is that these accounts haven't synced for five days so we don't know in what state they are. Every system or trading method has its drawbacks, market changes all the time. It doesn't matter if you lose month or two, what matters is that your profits are constant in the long run.

yes .but he killed 3 accounts from his 5, and the account 1 and 2 would be killed too allready, with 2017 starting month . so this is not the question if there is a drawdown, its a busting.
  • #247
  • Jan 25, 2017 6:52pm Jan 25, 2017 6:52pm
Quoting mamabear
I think it would be a good idea to have everyone posting on a thread share a TE account of their own, demo or live. It would give people a reliable reference of the real deal behind the posts, A good way to filter out fake expert opinions. (I myself am a novice trader as the TE shows, not that you want to see it. http://www.forexfactory.com/mamabear#acct.85)
Agree.
  • #248
  • Jan 25, 2017 8:34pm Jan 25, 2017 8:34pm
There are a few recent calls for thread posters to put up a TE to 'show' they are an 'expert'.
They maybe the Dax30 supporters who are hoping/wishing for trading recovery.
(I am on Dax30's side as well. I am *praying* for his return to top trading).

Not sure who the TE requests were being directed at, as I have only seen comments/questions here on on the obvious prudent trading features that seem to be missing or overlooked in Dax30's approach.

Whether I am an expert, or just lucky with random number management is not relevant.

I don't need to be a top sports player to judge if a sports team is playing well, or is rubbish.
I don't need to be a master painter to appreciate a Mona Lisa, or know when I am looking at play school painting.
I don't need to be a concert pianist to know when I am listening to a good player, or a series of bum notes.
I don't need to be an expert trader to see that the risk management by Dax30 (if any) is lacking in something.

Of course, some people would not see this unless they were experts themselves.

It does appear that OP is taking a break for some reason.
  • #249
  • Jan 25, 2017 10:17pm Jan 25, 2017 10:17pm
It's all cool. My bad to assume everyone wants to play ball, but one can enjoy the ballgame many different ways, I get it. Anyhow, I am sorry to see the thread going sour like this.
  • #250
  • Jan 25, 2017 11:29pm Jan 25, 2017 11:29pm
I agree mamabear. The comment/discussion should focus on Dax30's system, as that is what he chose to present here. Any personal innuendo directed at thread posters is not relevant.

Hopefully Dax30 does reappear, and take responsibility for his trading demonstration. Good traders have to deal with trades going badly, and they do not just walk away.
Dax30 had the intention all along of taking on managed trading for clients, so he has a duty to those (if any) at the very least. If he walks, he is showing that he has not learned anything, and is also not willing to learn. Anyone can be humbled by the markets. Ask Soros.

Peace.
  • #251
  • Jan 26, 2017 6:14am Jan 26, 2017 6:14am
Quoting harry99
I agree mamabear. The comment/discussion should focus on Dax30's system, as that is what he chose to present here. Any personal innuendo directed at thread posters is not relevant. Hopefully Dax30 does reappear, and take responsibility for his trading demonstration. Good traders have to deal with trades going badly, and they do not just walk away. Dax30 had the intention all along of taking on managed trading for clients, so he has a duty to those (if any) at the very least. If he walks, he is showing that he has not learned anything, and is also...
i dont think that he has a duty for managed money. he would know that his trading style has bad chance to win in long hand, because of very bad backtest chance (so very bad results of good calculated drawdown), bad moneymanagement, and some programming mistakes (so more money lost then neccesary). if a trader cant even calculate his drawdown correct, he is just at the beginning of all. thats mabye the biggest problem, he told he is good (doing it a long time, won millions) and then is showing only beginner trading style and extrem beginner mistakes, i have not seen a long time when someone telling he is experienced.
  • #252
  • Jan 26, 2017 3:22pm Jan 26, 2017 3:22pm
Quoting harry99
I agree mamabear. The comment/discussion should focus on Dax30's system, as that is what he chose to present here. Any personal innuendo directed at thread posters is not relevant. Hopefully Dax30 does reappear, and take responsibility for his trading demonstration. Good traders have to deal with trades going badly, and they do not just walk away. Dax30 had the intention all along of taking on managed trading for clients, so he has a duty to those (if any) at the very least. If he walks, he is showing that he has not learned anything, and is also...


Dax30 was online 8 hours ago so he is watching the thread closely and he obviously decided not to respond. You are right, its his duty to talk to his investors and I think he most likely did that, just not publicly on this forum. As for the thread, its his right not to update it and stop posting. The system has proven to be unsuccessful and that should be the end of discussion on this thread.
  • #253
  • Jan 26, 2017 10:27pm Jan 26, 2017 10:27pm
Quoting dax30
{quote} No. I don't give away a golden goose. Taken thousands upon thousands of screen hours at incredible expense of man hours and resource to achieve system design......not logical to hand it out free.
He told us he has the golden goose. He told us to give him money to invest. He told us he has EA that he is willing to give out that didn't work. He told us he has a fabulous lifestyle just trading. He told us he can make $10000 per month.

I hate people who run off with other people's money.
They promise the world and disappear after they get your money.
You came here for the truth and let me unveil it for you
  • #254
  • Jan 27, 2017 12:21am Jan 27, 2017 12:21am
Quoting RondaRousey
{quote} He told us he has the golden goose. He told us to give him money to invest. He told us he has EA that he is willing to give out that didn't work. He told us he has a fabulous lifestyle just trading. He told us he can make $10000 per month. I hate people who run off with other people's money. They promise the world and disappear after they get your money.
I did try and give Dax30 the benefit of the doubt, but since he still frequents FF and ignores his baby here, it looks more and more like he is just the typical FF commercial scammer. Probably a bit shell shocked by the forex world reality.

When I questioned him regarding draw-down, and his reply was he did not care, regardless of how much draw-down occurred, that was a red flag. I tried to get further information from him, but no success.

The typical scammer here focuses on the system winnings, and brushes off draw-down questions, or just ignores those questions.
Other tactics include insulting the questioner with claims they must be an idiot or bad trader if they cannot see the system for sale is the HG.
Anger usually appears quite quickly, and civil communication becomes difficult. They appear to be insulted by a simple prudent questions before parting with hard earned money.
They also claim to be (very) honest, and never fabricate trading results, so here are the winnings, trust us, and just send your money, and join the riches like all the other happy subscribers! Or stop being a troll!!! (and stop asking questions)

As a side note, they say they only want to help newbies to be profitable, and that is why they are selling the HG rather that trading it themselves and making an absolute fortune. (Sort of Mother Teresa?)

Tons of entertaining reading in this Commercial Thread. You won't be disappointed!!!!!
  • #255
  • Jan 27, 2017 12:49am Jan 27, 2017 12:49am
I can share the Inv pass of the account Im trading on my Trade Explorer

skype raghu1mata

http://www.forexfactory.com/showthread.php?t=630575
  • #256
  • Jan 27, 2017 12:49am Jan 27, 2017 12:49am
True what has been said, but the initial challenge is not unrealistic. It's only unrealistic if your account is under capitalised. Expect 10% per month and be grateful when you do better. Not enough to make a living? Then you're under-capitalised. It's simple really. Trading is not hard unless you're trying to make exponential profits.
  • #257
  • Jan 27, 2017 12:56am Jan 27, 2017 12:56am
Quoting oztrader79
True what has been said, but the initial challenge is not unrealistic. It's only unrealistic if your account is under capitalised. Expect 10% per month and be grateful when you do better. Not enough to make a living? Then you're under-capitalised. It's simple really. Trading is not hard unless you're trying to make exponential profits.
Agree with reasonable returns is the only way to trade. But look in this forum...how many are xxxx% per day/week/month?
Try a civil question to the promoters and see what reception you get.


@aider
"I can share the Inv pass of the account Im trading on my Trade Explorer
skype raghu1mata"

No offence intended to you. There is the odd Soros on the site.

Peace.
  • #258
  • Jan 27, 2017 1:01am Jan 27, 2017 1:01am
Quoting harry99
{quote} Agree with reasonable returns is the only way to trade. But look in this forum...how many are xxxx% per day/week/month? Try a civil question to the promoters and see what reception you get. @aider "I can share the Inv pass of the account Im trading on my Trade Explorer skype raghu1mata" No offence intended to you. There is the odd Soros on the site. Peace.

I always let you try my system free of cost but only to potential investors or Buyers
  • #259
  • Jan 27, 2017 1:33am Jan 27, 2017 1:33am
Quoting aider
{quote} I always let you try my system free of cost but only to potential investors or Buyers
Ok aider, as you won't let it go, please tell me the basis for taking trades on your 'system'.

Is it:
a) martingale
b)averaging down
c)charts and indicators
d) fundamental outside information
e)news
f)random
g)guessing
h)your skill
i)secret method
j)your research/discovery
k)some/all of the above

If you can enlighten me on your approach/trade size/trade frequency/expectancy/trade balance/full trade history for last 6 months
then I can give you my opinion as to the worth of your system. These need to be investigated first before parting with even $5.
Trying it out for 'free' is the absolute last thing I would consider.
  • #260
  • Jan 27, 2017 1:37am Jan 27, 2017 1:37am
Sorry to everyone, but I did not really want to hijack this thread, but it looks like Dax30 has headed to the hills, and all we are doing is attending the memorial service??
0 traders viewing now