Turn $100 into $10k in 100 trading days = high stress high RR | Page 2 | Forex Factory

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Turn $100 into $10k in 100 trading days = high stress high RR

  • #21
  • Mar 23, 2017 9:56pm Mar 23, 2017 9:56pm
Quoting DotDom
{quote} The reason you don't risk as much as 5% is because even with a 70% win rate you can quite possibly have 4, 5 or 6 losses in a row. This is known as draw down. Surviving draw down is the key to success. At 5% with 4 losses you are down 20%. That affects your ability to trade, mainly due to doubt and fear. What about being down 25%? The larger the draw down, the harder it is to pull out of.
When you can easily tell who is a "internet" trader and a real world trader

Quoting Hurst
All the people that talk about trade 1% do so because they cannot trade, they have a margin of error so big they can loose most of their trades and still make money. Who wants to trade like that, death by a 1,000 cuts while you tell yourself you are trading correctly. You are wasting your time. Good trading is about the correct analysis of the market, the precision entry and having the patience to wait for all the levels to line up. Most of the traders here are chasing the market, totally clueless on direction, but most importantly of all...

oh btw, 1:2 or even 1:3 (sometimes more) are VERY easy to hit in daily charts (my timeframe)
  • #22
  • Mar 24, 2017 2:09am Mar 24, 2017 2:09am
Quoting marinecorps
Very simple(joking). This is not a serious proposition, but it is possible! 1) Find a successful trading strategy winning around 70% of the time 2) Make sure your Risk:Reward is at least 1:2 or higher 3) Use 5% risk for your SL 4) Turn $100 into $10k in 100 trading days Good luck. I've attached some screenshots showing that $100 will turn into $10k+ in 100 trading days if you gain 5% per day. Also, a Risk:Reward screenshot showing how you need to aim for 2R or more. The compound calculator is attached for your use. It excludes all weekends and also...
im new comer here in FF but i have been trading over 5 years now, i have a strategy that can convert this mission into success, i have tested this strategy on my live account on Roboforex, i did invest 24.5$ on 13/3/2017 now equity is 61.65$ now, profit factor is 7.63, i have checked your calculator and its now very easy to make money with my strategy, i will upload pictures on my statement,
  • #23
  • Mar 24, 2017 2:59am Mar 24, 2017 2:59am
[quote=Hurst;9270517]. All the people that talk about trade 1% do so because they cannot trade, they have a margin of error so big they can loose most of their trades and still make money.

big words. your trade explorer shows -98%...
fortis fortuna adiuvat
  • #24
  • Mar 24, 2017 4:51am Mar 24, 2017 4:51am
it hurts, right Hurst ?

Ego and trading does not work well together.

Book are wrong guys !

lol
LDFX Trading Ltd
  • #25
  • Mar 24, 2017 7:54am Mar 24, 2017 7:54am
Subscribed, will do take a look. Gl and hf everything in this world is possible, same goal for me,but from 5k . Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #26
  • Mar 26, 2017 5:35am Mar 26, 2017 5:35am
If anyone has a strategy that wins 70% of the time with 1:1, pls share.
HMSR
  • #27
  • Mar 29, 2017 8:35am Mar 29, 2017 8:35am
Quoting Hmsr
If anyone has a strategy that wins 70% of the time with 1:1, pls share.

you know that 1:1 is almost imposible, or if possible,works only in long terms. 70% yes, but not 1:1. Systems you ask for,there are alot in these forums,but system you want to get that would suit you, you need to work on it. Find 10-20 trading methods,and test them 100 times, im sure you will find the answer much faster by your own then asking other people. Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #28
  • Mar 29, 2017 8:46am Mar 29, 2017 8:46am
Can you create trade explorer to show how do you open transactions? Thanks.
  • #29
  • Edited 4:49am Mar 30, 2017 4:33am | Edited 4:49am
Quoting SkullCandy
{quote} you know that 1:1 is almost imposible, or if possible,works only in long terms. 70% yes, but not 1:1. Systems you ask for,there are alot in these forums,but system you want to get that would suit you, you need to work on it. Find 10-20 trading methods,and test them 100 times, im sure you will find the answer much faster by your own then asking other people. Take care

Hi dude,

with so many traders and countless strategies, how in the hell would you know that 1:1 is almost impossible ? In this big universe of trading, the only thing we should know is that we do not know.
LDFX Trading Ltd
  • #30
  • Mar 30, 2017 5:02am Mar 30, 2017 5:02am
Haha I dont trade like that in real life that was an example of how not to trade real account I do like the chap says on the first post 5% risk on each trade go for a 2:1 and make 10% a day.
  • #31
  • Mar 30, 2017 5:03am Mar 30, 2017 5:03am
Once I get a new broker I will link a real account to ff not a micke.y mouse demo
  • #32
  • Mar 30, 2017 5:22am Mar 30, 2017 5:22am
Quoting Hurst
Haha I dont trade like that in real life that was an example of how not to trade real account I do like the chap says on the first post 5% risk on each trade go for a 2:1 and make 10% a day.

How about this ;

"All the people that talk about trade 1% do so because they cannot trade, they have a margin of error so big they can loose most of their trades and still make money. Who wants to trade like that, death by a 1,000 cuts while you tell yourself you are trading correctly. You are wasting your time"

You do not think like that in real life either?
LDFX Trading Ltd
  • #33
  • Mar 30, 2017 9:32am Mar 30, 2017 9:32am
Quoting LDFX
{quote} Hi dude, with so many traders and countless strategies, how in the hell would you know that 1:1 is almost impossible ? In this big universe of trading, the only thing we should know is that we do not know.

yo wsup,

As i said, almost impossible or Better perfomance that suits human for trading in,long terms. We are humans, you need to make money right now,tomorrow, to buy something you want,feed yourself and your cat or a dog. So,as we are humans,there is not much of traders living from trading and doing long term trades-thats why i said "almost impossible".

P.s. Everything in this world is possible. Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #34
  • Mar 31, 2017 8:13am Mar 31, 2017 8:13am
Quoting LDFX
{quote} How about this ; "All the people that talk about trade 1% do so because they cannot trade, they have a margin of error so big they can loose most of their trades and still make money. Who wants to trade like that, death by a 1,000 cuts while you tell yourself you are trading correctly. You are wasting your time" You do not think like that in real life either?
So spot on, all these guru's talking 0.5% risk is because you can almost trade forever and still lose

Attached Image (click to enlarge)
Click to Enlarge Name: Loosing_Slowly.png Size: 21 KB


By the time you realise the method is a complete waste of time you will be 2 years wiser, also you will have some wins which will keep you loosing longer.
  • #35
  • Mar 31, 2017 8:34am Mar 31, 2017 8:34am
Quoting Hurst
{quote} So spot on, all these guru's talking 0.5% risk is because you can almost trade forever and still lose {image} By the time you realise the method is a complete waste of time you will be 2 years wiser, also you will have some wins which will keep you loosing longer.
Taking bigger risks makes sense if win rate is high = less drawdons and the severity is less as well. The most important part of taking risks of 5% plus is that you keep to that 5%of the current account balance and not the initital deposit or highest equity point. If your winrate is high building a solid account balance is possible. I am actually just working on it
  • #36
  • Mar 31, 2017 9:36am Mar 31, 2017 9:36am
Quoting Hurst
{quote} So spot on, all these guru's talking 0.5% risk is because you can almost trade forever and still lose {image} By the time you realise the method is a complete waste of time you will be 2 years wiser, also you will have some wins which will keep you loosing longer.

You are just fading away the question dude.

Not taking responsibility is a big part of your failure.
LDFX Trading Ltd
  • #37
  • Mar 31, 2017 9:37am Mar 31, 2017 9:37am
Quoting LDFX
{quote} How about this ; "All the people that talk about trade 1% do so because they cannot trade, they have a margin of error so big they can loose most of their trades and still make money. Who wants to trade like that, death by a 1,000 cuts while you tell yourself you are trading correctly. You are wasting your time" You do not think like that in real life either?

This post was followed by an 98% loss...
LDFX Trading Ltd
  • #38
  • Mar 31, 2017 10:05am Mar 31, 2017 10:05am
Quoting LDFX
{quote} This post was followed by an 98% loss...
Well they say that 99% or so lose so by those figures he can say his in the top 1%...of the 99% that is!
  • #39
  • Mar 31, 2017 10:44am Mar 31, 2017 10:44am
This sort of thread makes me wince!!

A 9,999% increase in just three months...pure fantasy, unless of course, you have already achieved this.

Say no more.
  • #40
  • Mar 31, 2017 11:18am Mar 31, 2017 11:18am
Quoting Hurst
Firstly all you know about trading is wrong I mean it, most of the book I read although impressive when you first start trading its like wow, but when you start to apply all these rules you still end up loosing. So what I have to conclude is the books are wrong. The teachers are wrong. they cannot be right otherwise more people would be making money when in reality most people are loosing. The books are wrong period. Firstly plan your trades, most people are clueless, they react to the market. Let the market react to your expectations, never chase...
Very true, thanks for the info.
-happyTrading-myFx.
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