Do you think you can turn $200 into $400 in six weeks?
Member Since Jul 10, 2014
1117 posts
Aug 14, 2014 at 10:16
I think it's definitely possible to turn $200 into $400 in six weeks as long as you know what you're doing and you accept the risks, which are, in my opinion, considerable.
Aug 15, 2014 at 10:45
I was discussing this question with one my friend who is professional trader and he told me his example when he really doubled his deposit. The pair of pound-yen was in an uptrend over six months for breaking the time path of the level of 118 to 148 is - three thousand points. However, in early February, there were signs of a reversal. And then, the pair has reached a historic high, but then fell sharply. then, the pair flew up again. He has sold at around 147.66, putting a stop loss at 148 That is, the risk was equal to only 34 points. The pair then dropped another thousand points. HE closed a deal at around 139, earning 866 points. This meant risking symbolic by 34 points, he earned 866! Risk reward ratio was 1:25. So my friend in just more than two weeks doubled the capital.
Impossible is nothing 😎😉😄
Impossible is nothing 😎😉😄
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 14:07
The market any day is different, is trending or is ranging ? When you will have more experience in trading you will discover that the real issue is not be so lucky to double the money in a short time risking to lose everything. The good question is : How we can find a good fund or strategy that can be profitable in the LONG run with a really low risk? You have to think as an investor not a gambler, there are casino for that purpose. Invest in a good way is like run a marathon not a sprint.
Be an investor, not a gambler!
Member Since Aug 26, 2014
25 posts
Sep 09, 2014 at 06:44
Thats a good one.
mariav posted:
I can turn $400 in $200 even in 6 hours 😭
Seriously I do not know is is possible or not, but only thing I know for sure - try to avoid those brokers who guarantee you that as well as paid-courses of trading.
Be Relentless
Sep 09, 2014 at 08:18
alexlowrisk posted:
The market any day is different, is trending or is ranging ? When you will have more experience in trading you will discover that the real issue is not be so lucky to double the money in a short time risking to lose everything. The good question is : How we can find a good fund or strategy that can be profitable in the LONG run with a really low risk? You have to think as an investor not a gambler, there are casino for that purpose. Invest in a good way is like run a marathon not a sprint.
??? Good advice! I'm learning more about the London Open Strategy. In fact watching it right now. It seems pretty consistent so far. I just need to recognize the chart patterns to better predict market direction. I'm going to try to learn and master one strategy and become consistent with that. Otherwise, one could get overwhelmed by all the 'Indicators, signals, etc.'
Happy Trading, :)
It's a Marathon ... NOT a Sprint
Sep 09, 2014 at 12:24
Well if you wrote some EA than you know that robot is consistent as it strictly follows defined rules.
On contrary manual trading is not as people do mistakes, have emotions or even sleep:)
True, it's proven to work...
Using such EA for my self too ;)
Stable 20% per month without manual intervention...
Member Since Jun 18, 2014
63 posts
Sep 23, 2014 at 09:18
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
Sep 24, 2014 at 06:41
fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
23,19% DrawDown.
No you can't.
Member Since Jun 18, 2014
63 posts
Sep 24, 2014 at 08:03
topastop posted:fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
23,19% DrawDown.
No you can't.
if you want to make money so you must risk and 23% dd is logical to gain %30 profit ..however I can change the risk level to decrease dd if any investor wants lower dd
Sep 27, 2014 at 18:53
fxstaymanaged posted:topastop posted:fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
23,19% DrawDown.
No you can't.
if you want to make money so you must risk and 23% dd is logical to gain %30 profit ..however I can change the risk level to decrease dd if any investor wants lower dd
Turning 200$ to 400$ in a period of 6 weeks requires a average week gain of about 16,5%.
Your average gain is 0,56% and so you would need to multiply your gains by over 29.
This means that you would need to multiply your DD by 29 as well.
Assuming your previsious DD, 23,19% (at the moment it is 41,28%), you would have a DD of 672% therefore blowing up your account.
Member Since Jun 18, 2014
63 posts
Sep 27, 2014 at 20:18
topastop posted:Turning 200$ to 400$ in a period of 6 weeks requires a average week gain of about 16,5%.as I told before I can set any risk reward to the strategy
Your average gain is 0,56% and so you would need to multiply your gains by over 29.
This means that you would need to multiply your DD by 29 as well.
Assuming your previsious DD, 23,19% (at the moment it is 41,28%), you would have a DD of 672% therefore blowing up your account.
Member Since Jun 09, 2014
138 posts
Sep 28, 2014 at 10:06
And so since this has been going for more than six weeks, was it successful?
Sep 29, 2014 at 06:27
fxstaymanaged posted:topastop posted:Turning 200$ to 400$ in a period of 6 weeks requires a average week gain of about 16,5%.as I told before I can set any risk reward to the strategy
Your average gain is 0,56% and so you would need to multiply your gains by over 29.
This means that you would need to multiply your DD by 29 as well.
Assuming your previsious DD, 23,19% (at the moment it is 41,28%), you would have a DD of 672% therefore blowing up your account.
Then why haven't you set it up in a way that you have no DD?
Dec 15, 2014 at 16:55
(edited Dec 15, 2014 at 16:56)
Thats a stupid question, all can made 200 to 400, in fact u have like a 50% probability of success makin one trade in an 'all-in', but in that case u also can go to the casino and try it in roulette. But thats not the way to win in forex, I can made u 200 to 400 with a probability of 99% but that gonna take maybe two years. What u prefer?
Caution ¡¡ Forex market is full of scams ¡¡
