- Home
- Community
- New Traders
- Do you think you can turn $200 into $400 in six weeks?
Edit Your Comment
Do you think you can turn $200 into $400 in six weeks?
forex_trader_169857
Member Since Dec 31, 2013
170 posts
Jun 29, 2014 at 13:10
Member Since Dec 31, 2013
170 posts
dchara01 posted:
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that
risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
200 consecutive trades? Hmm, interesting math.. 😲
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 13:20
Member Since Nov 21, 2011
1718 posts
Nothing mean into my last post.
But any Myfxbook or ForexFactory stats are just noob !!!
But any Myfxbook or ForexFactory stats are just noob !!!
Member Since Apr 14, 2013
402 posts
Jun 29, 2014 at 14:02
Member Since Apr 14, 2013
402 posts
MyFxTrader posted:dchara01 posted:
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that
risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
200 consecutive trades? Hmm, interesting math.. 😲
Hello mate. It doesn't even make any sense responding to his post. All he does is troll, and earns no real money in forex. It is evident in his trades. That fool lives in a bubble in which he feels everything is exact. As if after a loss people don't increase their lot sizes or become bias to the last position which they closed. Notice most of the trolling here is done by DEMO queens, or guys who can't even break 100% profit. Which is why they attack anyone who has stats better then them. Just like CODE MONKEY who margin called his 5k account in 3 days.
I also find it funny how they say 'he has a 88% win ratio but his avg win is less then 5 pips and his avg loss is -16 pips' then they say 'after time his win/ratio will begin to drop' Well have you ever seen someone with a 20% win ratio and a % change of 800%? It doesn't matter the amount of pips you win or lose or even your % of wins. What matters is how much those winning pips are worth when you win. Think about it (dchara01) it is easy to see that my wagers aren't all of the same pips. Had it been then my % profit wouldn't be the same if my 'AVG loss' outweighs m 'AVG win' IN PIPS by more then 300%
So to sum it up..... You can have -20,000 pips and have +% change. WITHOUT using martingale by the way. Yet, these silly DEMO traders, and no it all bonus traders like Snail don't realize that. They simply take any little stat which seems bad, and point it out as if that is the weakness in the system. All people care about is % change and dd%. Everything else is a non-factor. You guys have a wonderful trading week, and I will post again when the market is closed.
Trolls keep doing what you guys do best. To bad you can't get paid by this website for posting, because if it was possible at least crazy trader would be able to open a real account.
Focus on pip-drawdown
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 14:20
Member Since Nov 21, 2011
1718 posts
You are the only troll here... You can't make any interisting post without mentioning 'CODE MONKEY', 'dchara01', 'crazy trader'
By the way my DD haven't changed at all... Please man I'm serious, because you lost your bet on my DD, would please send me $500usd as promised so I could for the really first time trade live.
Please sir... send me money, respect your word.
I promise If I get 100% performance winning 3 pips before loosing 3 pips, I give you back your $500 usd
What do you think Master K.
I'm serious, I swear
By the way my DD haven't changed at all... Please man I'm serious, because you lost your bet on my DD, would please send me $500usd as promised so I could for the really first time trade live.
Please sir... send me money, respect your word.
I promise If I get 100% performance winning 3 pips before loosing 3 pips, I give you back your $500 usd
What do you think Master K.
I'm serious, I swear
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 14:26
Member Since Nov 21, 2011
1718 posts
As you care about your reputation here.
You will respect your word as you were ready to pay to show the world you were right.
So I created a Neteller account: So please send me the money ohterwise everybody will see how a looser you are.
Please send to my account:
[email protected]
You will respect your word as you were ready to pay to show the world you were right.
So I created a Neteller account: So please send me the money ohterwise everybody will see how a looser you are.
Please send to my account:
[email protected]
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jun 29, 2014 at 14:51
Member Since Jun 28, 2013
852 posts
There is no way he can respect his word, first he has to be a man to do that. He is not a man, he is just a confused kid.
He was talking crap about me updating my account, when I did he did not update his. He thought everyone here who does not update their account I like him, a scam.
I feel his pain, he funded the market for a long time, and now it is the time to make up for losses, he is in a hurry.
He was talking crap about me updating my account, when I did he did not update his. He thought everyone here who does not update their account I like him, a scam.
I feel his pain, he funded the market for a long time, and now it is the time to make up for losses, he is in a hurry.
Member Since Apr 14, 2013
402 posts
Jun 29, 2014 at 15:53
Member Since Apr 14, 2013
402 posts
CrazyTrader posted:
As you care about your reputation here.
You will respect your word as you were ready to pay to show the world you were right.
So I created a Neteller account: So please send me the money ohterwise everybody will see how a looser you are.
Please send to my account:
[email protected]
Since you say that I don't provide any content which is useful here is the very first one which I know you will love.
https://www.bestforexbonus.com/nodeposit-bonus
Click that link, and pick any broker. You can simply open an account, and after making certain amount of trades your demo money becomes real cash. Hopefully you can trade well, and make some money my friend. Enjoy the rest of your week my friend.
Focus on pip-drawdown
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 16:12
Member Since Nov 21, 2011
1718 posts
ahuruglica posted:
There is no way he can respect his word, first he has to be a man to do that. He is not a man, he is just a confused kid.
He was talking crap about me updating my account, when I did he did not update his. He thought everyone here who does not update their account I like him, a scam.
I feel his pain, he funded the market for a long time, and now it is the time to make up for losses, he is in a hurry.
It was easy to guess it !!!
Check what he suggested instead of paying $500usd !!! => a No depisot bonuses: $10 bucks (not even paid by him !!! )
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 16:25
Member Since Nov 21, 2011
1718 posts
Master_Kiwa posted:
To bad you can't get paid by this website for posting, because if it was possible at least crazy trader would be able to open a real account.
Again you are wrong... 'Born to be wrong' remember???
Monthly average post: 21 posts
Vouchers: 14 (for valuable helps)
Monthly average post: 28 posts
Voucher: 0
Credibilty: 0
Respected trader: 0
You know me, I'm not that mean... I gave you some good ratio my friend !!!
Scammer: 100%
Liar: 100%
Fraud: 100%
Without forgetting your first and beautiful valuable post:
You suggested a scam link.
It is totally pointless to trade with $10 live deposit. Trading will not help anyone to become successfull at trading, even a newbie!
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 16:35
Member Since Nov 21, 2011
1718 posts
Once you will be fed to feel pain reading my post, then stop quoting me or saying my name!
Trade your way be happy... and one more time... leave in me in peace, i was trading live before you heard the word Forex for the first time.
Trade your way be happy... and one more time... leave in me in peace, i was trading live before you heard the word Forex for the first time.
Jun 29, 2014 at 17:23
Member Since May 22, 2012
250 posts
MyFxTrader posted:dchara01 posted:
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that
risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
200 consecutive trades? Hmm, interesting math.. 😲
Lol yeah, that maths ... :P
Caution ¡¡ Forex market is full of scams ¡¡
Member Since Apr 14, 2013
402 posts
Jun 29, 2014 at 18:29
Member Since Apr 14, 2013
402 posts
CrazyTrader posted:Why would trading with 10usd be 'pointless' when you are currently trading with....... Never mind.Master_Kiwa posted:
To bad you can't get paid by this website for posting, because if it was possible at least crazy trader would be able to open a real account.
Again you are wrong... 'Born to be wrong' remember???
Monthly average post: 21 posts
Vouchers: 14 (for valuable helps)
Monthly average post: 28 posts
Voucher: 0
Credibilty: 0
Respected trader: 0
You know me, I'm not that mean... I gave you some good ratio my friend !!!
Scammer: 100%
Liar: 100%
Fraud: 100%
Without forgetting your first and beautiful valuable post:
You suggested a scam link.
It is totally pointless to trade with $10 live deposit. Trading will not help anyone to become successfull at trading, even a newbie!
Focus on pip-drawdown
Member Since Apr 14, 2013
402 posts
Jun 29, 2014 at 18:37
(edited Jun 29, 2014 at 18:51)
Member Since Apr 14, 2013
402 posts
Well for anyone who simply has no funds to deposit in order to wager in forex please feel free to click those links. Some of those brokers give you 50usd which can be turned into real cash and withdrawn. I would suggest trading that way, as if you trade well enough you can actually pay your light bill with those funds, instead of just trading in demo and posting results and 'profits' which in reality mean NOTHING.
Focus on pip-drawdown
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 18:58
Member Since Nov 21, 2011
1718 posts
Master_Kiwa posted:
Which is why he is asking for a perfect stranger to send him 500 usd. jajajjaaj Poor noob cake...
You don't fool anybody here with your useless argument... One more time, I'm not asking your money, i already said twice!!!
I was simply taking the piss with you to show you one more time how the liar and fraud you are. It seems that you the only one not to understand that. Mouhahah Are you that dumb? Be serious just one time.
Anyway say what you want... i'm done with you.
Everyone knows you I am and you you are!
Member Since Nov 21, 2011
1718 posts
Jun 29, 2014 at 19:04
Member Since Nov 21, 2011
1718 posts
Ps: I have to say thank you to you M.K. since I also showed you are a scammer... I never got some many visitor to my blog.
So thx for the buzz : )
And let me trade in demo LOL
So thx for the buzz : )
And let me trade in demo LOL
Jun 29, 2014 at 23:08
Member Since Jan 01, 2013
126 posts
MyFxTrader posted:dchara01 posted:
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that
risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
200 consecutive trades? Hmm, interesting math.. 😲
It is actually simple math...
Jun 29, 2014 at 23:47
Member Since Jan 01, 2013
126 posts
optimofx posted:
Would be 50 to crash, and less to margin call.
50 trades * 2% each trade loss = 100%
That's only if you risk 2% of your initial balance... which is not what I meant...
If you have a 10k account and on the first trade you lose 2% you will end up with $9800.... then you risk 2% of $9800 and so on... you need more than 200 consecutive losing trades...
Member Since Jun 24, 2014
3 posts
Jun 30, 2014 at 06:25
Member Since Jun 24, 2014
3 posts
dchara01 posted:Master_Kiwa posted:denisgligor posted:
😁 Sorry guys I'm new......i didn't understand who's the best trader yet 😞.... P.S. closing a trade with 3pips gained means you're doing scalping....so where's the problem ? There are people who like making a lot of trades but with small gains, and people who like to trade less positions but with bigger profit......😀
That's just it. People get more focused on 'amount of pips' INSTEAD of how much each pip is worth. If I can earn 3 pips and make 3% profit without every losing 3% of my account while in the process, then I would take that trade every time. Some people aim for 100-200 pips, and it doesn't even equal to 1% of their account. Trading is 1000% subjective. All in all you simply should focus on making as much % change as you can. EVERYONE losses. EVERYONE margin calls at some point in the life of an account, yet if you can withdraw well over 100% profit before you margin call, then all is good yes?
I told myself ... I won't post anymore in this thread because there is no meaning trying to educate a person who is fully arrogant and does not want to learn (like @Master_Kiwa)...
However, when I see such people trying to educate others.. (@denisgligor) I think that I have to interrupt it....
Yes, there is nothing wrong with closing your trades with 3 pips profit, but when it comes to risk management, in order to be profitable in the long run one must pay great attention to his risk/reward ratio... anything less 1:2 is a financial crime....
A veteran trader once told me, that in the long run... the winning to losing trade ratio tends to be 50%/50%... whatever your strategy is... when trading the markets for years.. statistical evidence shows that you are about to right about market's direction as often as you are wrong...
What it really matters is how much you win when you are right and how much you lose when you are wrong!!! In other words what's your risk/reward ratio. If you aim to win 3 pips you should risk on 1.5 pips... and if you think about it, it makes sense with just simple logic:
If you are losing 12 pips and winning 3 pips on average... you need to have win/loss ratio of 80%+ in order to maintain your starting balance... in other words you have to be some kind of market prediction guru only to keep your capital intact!
The 10k account of @Master_Kiwa has a win/loss ratio of 88%, average win 4.53 pips and average loss -15.64 pips.... as time passes his win/loss ration will start to drop (and not because he is not a good trader... but just because it is inevitable)... after the drop mathematically the account will get a margin call!!!
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
Hahahahahah.....you're making me laughing.... i'm not here to teach you......you can learn only from your own mistakes... If don't know what are you saying shut up your mouth, please
Jun 30, 2014 at 08:25
Member Since Jan 01, 2013
126 posts
denisgligor posted:dchara01 posted:Master_Kiwa posted:denisgligor posted:
😁 Sorry guys I'm new......i didn't understand who's the best trader yet 😞.... P.S. closing a trade with 3pips gained means you're doing scalping....so where's the problem ? There are people who like making a lot of trades but with small gains, and people who like to trade less positions but with bigger profit......😀
That's just it. People get more focused on 'amount of pips' INSTEAD of how much each pip is worth. If I can earn 3 pips and make 3% profit without every losing 3% of my account while in the process, then I would take that trade every time. Some people aim for 100-200 pips, and it doesn't even equal to 1% of their account. Trading is 1000% subjective. All in all you simply should focus on making as much % change as you can. EVERYONE losses. EVERYONE margin calls at some point in the life of an account, yet if you can withdraw well over 100% profit before you margin call, then all is good yes?
I told myself ... I won't post anymore in this thread because there is no meaning trying to educate a person who is fully arrogant and does not want to learn (like @Master_Kiwa)...
However, when I see such people trying to educate others.. (@denisgligor) I think that I have to interrupt it....
Yes, there is nothing wrong with closing your trades with 3 pips profit, but when it comes to risk management, in order to be profitable in the long run one must pay great attention to his risk/reward ratio... anything less 1:2 is a financial crime....
A veteran trader once told me, that in the long run... the winning to losing trade ratio tends to be 50%/50%... whatever your strategy is... when trading the markets for years.. statistical evidence shows that you are about to right about market's direction as often as you are wrong...
What it really matters is how much you win when you are right and how much you lose when you are wrong!!! In other words what's your risk/reward ratio. If you aim to win 3 pips you should risk on 1.5 pips... and if you think about it, it makes sense with just simple logic:
If you are losing 12 pips and winning 3 pips on average... you need to have win/loss ratio of 80%+ in order to maintain your starting balance... in other words you have to be some kind of market prediction guru only to keep your capital intact!
The 10k account of @Master_Kiwa has a win/loss ratio of 88%, average win 4.53 pips and average loss -15.64 pips.... as time passes his win/loss ration will start to drop (and not because he is not a good trader... but just because it is inevitable)... after the drop mathematically the account will get a margin call!!!
@Master_Kiwa says that all accounts at some point get a margin call... which is ABSOLUTE NONSENSE!!! An account that risks 2% of its balance on every trade will need more than 200 CONSECUTIVE losing trades to get a margin call... What are the probabilities of this to happen???
Hahahahahah.....you're making me laughing.... i'm not here to teach you......you can learn only from your own mistakes... If don't know what are you saying shut up your mouth, please
If you were patient enough to actually see what you read... you would see that nobody accused you of trying to teach anybody.... anyway I'm out of this thread...
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.