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Attachments: Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Quoting rmrf
only dumb money uses hard stop losses
If you drink too much,you can pass out or enter in a state of coma.
That's why you must know when to stop,stop loss.
And money isn't dumb,money is a object and objects don't have feelings.
But i see what you trying to say.
Work smarter,not harder
Hi.just want to ask.why i cant private message any other forum users?
Quoting Theva06
Hi.just want to ask.why i cant private message any other forum users?
Junior Member....No privileges I guess.
I came across this very interesting thread. Is the original poster still around? I pulled the following from the Post # 1. Can someone explain this in more details. Based on the following it seems like as long as you make 9 Total wins...you will make 100,000% gain. The original poster has shown example that out of 150 trades taken, even if you win 9 trades and lose 141 trades, you still make 100,000% gains. How is this possible? Can someone please explain with examples?



5) 9 NWT = 100,000% Gain
If you have 9 Net Winning Trades, scaling up after each trade, you will make a 100,000% gain.

9 NWT examples

9 wins 0 losses
18 wins and 9 losses
30 wins and 21 losses
50 wins and 41 losses
150 wins and 141 losses

You get the point? As long as you get those 9 Net Winning Trades, you will make a 100,000% gain.
You need to read the thread. I found it very interesting. The summary is this:

you risk 50% of your trading account to make 100% and just keep going. If you lose you risk the same of the new account balance. The author recommends starting with a very small amount that you can afford to lose so that you can try and try again to gain traction
Find a trend and milk it for all it is worth. That's how to be profitable
Quoting yalgaar
I came across this very interesting thread. Is the original poster still around? I pulled the following from the Post # 1. Can someone explain this in more details. Based on the following it seems like as long as you make 9 Total wins...you will make 100,000% gain. The original poster has shown example that out of 150 trades taken, even if you win 9 trades and lose 141 trades, you still make 100,000% gains. How is this possible? Can someone please explain with examples? 5) 9 NWT = 100,000% Gain If you have 9 Net Winning Trades, scaling up after...
Inserted Video


Watch this guy.. shows his progress as he does a challenge similar to this..
It's in fear when people show what they truly value.
Quoting Olu
You need to read the thread. I found it very interesting. The summary is this: you risk 50% of your trading account to make 100% and just keep going. If you lose you risk the same of the new account balance. The author recommends starting with a very small amount that you can afford to lose so that you can try and try again to gain traction
Thanks for your reply. I have read the thread. I still need examples and clarification of the Point the author is making.
I attempted this on a spreadsheet to help understand.

It shows 18 trades. 9 out of them are winners which makes 100% and 9 are losers that loses 50%. In this example I do not end up with 100,000% returns. I am more or less at the original balance
Attached Image
Quoting yalgaar
I attempted this on a spreadsheet to help understand. It shows 18 trades. 9 out of them are winners which makes 100% and 9 are losers that loses 50%. In this example I do not end up with 100,000% returns. I am more or less at the original balance {image}
Basically put, at some point your going to have to have a strategy that wins greater than 50% of the time if your are trying this at a 1:2 risk/reward ratio.

That being said, I think the math in your spreadsheet is wrong. Here is how I see it...

Start balance $50
Trade 1: Win, risked $25 for $100 reward, new balance $150
Trade 2: Loss, risked $75 for $300 reward. new balance $75
Trade 3: Win, risked $37.50 for $150 reward, new balance $225
Trade 4: Loss, risked $112.50 for $450 reward, new balance $ 112.50
Trade 5: Win, risked $56.25 for $225 reward, new balance $337.50
And so on down the line... So in actually I was incorrect before, can do this easily winning only 50% of your trades.
Quoting yalgaar
The original poster has shown example that out of 150 trades taken, even if you win 9 trades and lose 141 trades, you still make 100,000% gains. How is this possible?
You are wrong ... and you even have the correct answer in your quoted post.

In your example, the need isn't to have 9 wins ... but 9 NET wins ... meaning 9 wins more than the losses.
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
{quote} the need isn't to have 9 wins ... but 9 NET wins ... meaning 9 wins more than the losses.
Thank you so much!! The above statement tells me everything I needed to know!! Now it will makes sense as well! I am going to do some more research on this. It is very interesting and exciting!
Quoting Nate04
{quote} Basically put, at some point your going to have to have a strategy that wins greater than 50% of the time if your are trying this at a 1:2 risk/reward ratio. That being said, I think the math in your spreadsheet is wrong. Here is how I see it... Start balance $50 Trade 1: Win, risked $25 for $100 reward, new balance $150 Trade 2: Loss, risked $75 for $300 reward. new balance $75 Trade 3: Win, risked $37.50 for $150 reward, new balance $225 Trade 4: Loss, risked $112.50 for $450 reward, new balance $ 112.50 Trade 5: Win, risked $56.25 for...
What you are describing looks like 1:4 risk reward ratio to me. That said I don't think it is easy to find such trades and have a close to 50% win/lose ratio.
This is an interesting way to trade. What is this called pyramiding? Or maybe martingale?

Haven't read all posts but I have to ask, Rag2RichesFX did you succeed?
Quoting waverhythm
What is this called pyramiding? Or maybe martingale?
There's no trading method/system discussed here. That's all about money management.

If you don't have a solid 1:2 RR trading method with about 70% winrate, you have no point using this money management.

Not sure about your trading experience, but that's definitively not for newbies.
MT4/MT5 EAs/Indicators/Alerts coder
Yes FerruFx you're right.

I wanna say to everybody even by using "free" money (by the high amount of leverage) this doesn't mean it is risk free. You might all think that the SL will save you but you never know what might happen to the market. As long as there is no big unstoppable movement then sure you can consider it "free".
By big unstoppable movement I am talking about for example 15 january 2015. The market moved about 2000 pips (CHF pairs). In cases like these the SL can or cannot trigger and it can leave you a negative balance that you need to pay to your broker. That's what I heard.
This can happen also when news are released, it depends on the strength at that moment. That's why it's a good idea to trade only the money you can AFFORD to lose.
Quoting waverhythm
Yes FerruFx you're right. I wanna say to everybody even by using "free" money (by the high amount of leverage) this doesn't mean it is risk free. You might all think that the SL will save you but you never know what might happen to the market. As long as there is no big unstoppable movement then sure you can consider it "free". By big unstoppable movement I am talking about for example 15 january 2015. The market moved about 2000 pips (CHF pairs). In cases like these the SL can or cannot trigger and it can leave you a negative balance that you need...
That's why is a good idea to play with brokers that offer negative balance protection.
The black swan event can play either way.
Or you go back to zero or you make a fortune.
Can you imagine a SL of 50 pips and price makes a gap of 2000 pips using this R2R approach?
How many times you doubled it?
Work smarter,not harder
The desire for quick and easy riches is the most persistent among speculators. Eventually they have to pay with their accounts to find that it cannot be found on earth.
Special one
Keep risk fixed at 1% of account balance
try to collect whatever pips you get [ new girl each trade ]

the balance compounds over time with limited risk

get greedy, risk over `1% and you get stuck in a manhole

your account, you decide , lol
Indicators on my chart help me guess the trade they do not guarantee result
Quoting Nate04
{quote} Basically put, at some point your going to have to have a strategy that wins greater than 50% of the time if your are trying this at a 1:2 risk/reward ratio. That being said, I think the math in your spreadsheet is wrong. Here is how I see it... Start balance $50 Trade 1: Win, risked $25 for $100 reward, new balance $150 Trade 2: Loss, risked $75 for $300 reward. new balance $75 Trade 3: Win, risked $37.50 for $150 reward, new balance $225 Trade 4: Loss, risked $112.50 for $450 reward, new balance $ 112.50 Trade 5: Win, risked $56.25 for...
stop talking math bro..... i hate math but i love money
Quoting PatienceFx
Keep risk fixed at 1% of account balance try to collect whatever pips you get [ new girl each trade ] the balance compounds over time with limited risk get greedy, risk over `1% and you get stuck in a manhole your account, you decide , lol
This money management of 2:1 risking 50% is meant to be played with a very small amount, not your main account. Take say, $100, if successful with 9 net wins, you've made $50K. Start with $200, you make $100K. Well worth a shot.
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