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100% Absolute gain
Mitglied seit Feb 22, 2011
4573 Posts
May 20, 2014 at 12:48
(bearbeitet May 20, 2014 at 12:48)
This should be everyone's target.
Why? Because at the moment you get such profit you can withdraw all the investment you put in
And keep trading sort of risk free. You can still loose the profit but you can't loose a penny of your investment.
So anyone who has achieved this by any means is a Forex hero:)
Do you agree?
Why? Because at the moment you get such profit you can withdraw all the investment you put in
And keep trading sort of risk free. You can still loose the profit but you can't loose a penny of your investment.
So anyone who has achieved this by any means is a Forex hero:)
Do you agree?
Mitglied seit Feb 22, 2011
4573 Posts
May 20, 2014 at 14:33
Ajay1969 posted:
Yes I agree.In fact I implement the same srategy. When principal reach to double,I persist client to withdrawal of their basic investment so that they play a safe game.
Good for you:)
May 20, 2014 at 22:11
(bearbeitet May 20, 2014 at 22:12)
I suppose if you're not using a stop loss or have a negative Risk/Reward or not using reasonable risk according to the bankroll, then yes sure, it would be the only way to sleep at night, otherwise take out only what you need and let the bankroll compound.
Hate your losers more than you like your winners
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 06:40
Donex posted:
I suppose if you're not using a stop loss or have a negative Risk/Reward or not using reasonable risk according to the bankroll, then yes sure, it would be the only way to sleep at night, otherwise take out only what you need and let the bankroll compound.
That not the point of course you have to use proper system and MM
The point at which you make 100% is psychological and as well moment when you can't loose your deposit
May 21, 2014 at 07:10
Sure, no argument. But profit is still money earned. If your trading plan is to withdraw after 100% gain, then that's fine, but to withdraw the 100% gain because you're worried that you might lose it all again, then what does that say about the confidence of a system.
But I do understand the psychological aspect of what you are saying.
But I do understand the psychological aspect of what you are saying.
Hate your losers more than you like your winners
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 08:55
Donex posted:
Sure, no argument. But profit is still money earned. If your trading plan is to withdraw after 100% gain, then that's fine, but to withdraw the 100% gain because you're worried that you might lose it all again, then what does that say about the confidence of a system.
But I do understand the psychological aspect of what you are saying.
Nope,
I meant 100% abs gain. This has nothing to do with withdrawal.
Withdrawal could be done any time any way. I personally withdraw each month the free margin - deposit divided by 2.
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 08:55
futama99 posted:
@togr I agree. In fact I am looking for high risk grid/martingale EA who can achieve at least 100%/ month. My strategy will be withdraw every 100 % achieved. anyone can suggest such EA?
Too risky IMHO
May 21, 2014 at 10:21
togr posted:
Nope,
I meant 100% abs gain. This has nothing to do with withdrawal.
Withdrawal could be done any time any way. I personally withdraw each month the free margin - deposit divided by 2.
Whether it's abs gain or gain, it reveals no confidence in a system. Why else would you withdraw the capital unless you absolutely needed it? But hey that's just my opinion.
Hate your losers more than you like your winners
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 12:07
Donex posted:togr posted:
Nope,
I meant 100% abs gain. This has nothing to do with withdrawal.
Withdrawal could be done any time any way. I personally withdraw each month the free margin - deposit divided by 2.
Whether it's abs gain or gain, it reveals no confidence in a system. Why else would you withdraw the capital unless you absolutely needed it? But hey that's just my opinion.
I do trade for living, you know it means I withdraw profit from my account.
You still do not get my point.
It is like tax freedom day. Since the beginning of year all your income goes to government (due to taxes) up to some day e.g. 13th Jun. And from that day your profit is yours. http://en.wikipedia.org/wiki/Tax_Freedom_Day
May 21, 2014 at 12:18
(bearbeitet May 21, 2014 at 12:21)
As I said, I do understand your point, obviously if you trade for a living you need to take out an income, no argument, but what you said is to take out a lump sum once it hits 100% abs gain. What for? where are you going to put it? In a bank? stocks?
If a system can give you a 100% abs gain (you never mentioned how long, but assuming in a reasonable amount of time) then why would you take it out of the system. Would you not be better off leaving any money you don't need in the system so it can compound unless confidence in the system is weak.
If I had a system that could give 100% abs gain/gain with a reasonable risk tolerance, I would have as much money in the system as I could get my hands on, but as I said, that's just me.
If a system can give you a 100% abs gain (you never mentioned how long, but assuming in a reasonable amount of time) then why would you take it out of the system. Would you not be better off leaving any money you don't need in the system so it can compound unless confidence in the system is weak.
If I had a system that could give 100% abs gain/gain with a reasonable risk tolerance, I would have as much money in the system as I could get my hands on, but as I said, that's just me.
Hate your losers more than you like your winners
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 12:26
Donex posted:
As I said, I do understand your point, obviously if you trade for a living you need to take out an income, no argument, but what you said is to take out a lump sum once it hits 100% abs gain. What for? where are you going to put it? In a bank? stocks?
If a system can give you a 100% abs gain (you never mentioned how long, but assuming in a reasonable amount of time) then why would you take it out of the system. Would you not be better off leaving any money you don't need in the system so it can compound unless confidence in the system is weak.
If I had a system that could give 100% abs gain/gain with a reasonable risk tolerance, I would have as much money in the system as I could get my hands on, but as I said, that's just me.
Well I did not express myself clearly in first post. As a really wrote it the way - hey I have 100% take it and run out.
I meant it the other way which I tried to describe in my later posts.
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 13:09
Donex posted:
Fair enough, understood, good trading to ya
u2 :)
May 21, 2014 at 14:30
I agree that anyone who reaches a 100% gain knows what they are doing. I think rather than withdrawing the full deposit after reaching a 100% return it is smarter to withdraw a smaller figure. For example once you reach a 100% gain you begin withdrawing 20% each month on new account highs. This way you can compound your account and gain income.
Mitglied seit Feb 22, 2011
4573 Posts
May 21, 2014 at 14:50
JCLforex posted:
I agree that anyone who reaches a 100% gain knows what they are doing. I think rather than withdrawing the full deposit after reaching a 100% return it is smarter to withdraw a smaller figure. For example once you reach a 100% gain you begin withdrawing 20% each month on new account highs. This way you can compound your account and gain income.
Of course
I would even withdraw money before it reaches 100% profit.
It does not actually matter
Important is to get there and since that moment it is your trading freedom day.
May 24, 2014 at 10:30
togr posted:
This should be everyone's target.
Why? Because at the moment you get such profit you can withdraw all the investment you put in
And keep trading sort of risk free. You can still loose the profit but you can't loose a penny of your investment.
So anyone who has achieved this by any means is a Forex hero:)
Do you agree?
Fully agree :)
http://www.myfxbook.com/members/FranceFX/150k-1mio-reloaded/848186
Who Dares WIns
Mitglied seit Feb 22, 2011
4573 Posts
May 25, 2014 at 19:10
FranceFX posted:togr posted:
This should be everyone's target.
Why? Because at the moment you get such profit you can withdraw all the investment you put in
And keep trading sort of risk free. You can still loose the profit but you can't loose a penny of your investment.
So anyone who has achieved this by any means is a Forex hero:)
Do you agree?
Fully agree :)
http://www.myfxbook.com/members/FranceFX/150k-1mio-reloaded/848186
Very nice results:)
Mitglied seit Jun 28, 2011
444 Posts
May 25, 2014 at 19:28
(bearbeitet May 25, 2014 at 19:29)
" take out a lump sum once it hits 100% abs gain. What for? where are you going to put it? "
I use profit generators (programs too risky for retirement but can make several times the deposit before a serious loss). Once you reach 100% then you should take out at least some and diversify your holdings into other streams of income. This is just sound money management practices. If you don't diversify and have all your eggs in that one basket, you will stay up at nights watching that basket.
Take your money out and put it into other things and get some sleep.
Bob
I use profit generators (programs too risky for retirement but can make several times the deposit before a serious loss). Once you reach 100% then you should take out at least some and diversify your holdings into other streams of income. This is just sound money management practices. If you don't diversify and have all your eggs in that one basket, you will stay up at nights watching that basket.
Take your money out and put it into other things and get some sleep.
Bob
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