Discusión 1 M i l l i o n in 6-12 Months :-)

This is the start of my million dollar account.
I want to get 100% per month for 6 months. This is pushing the strategy a bit but I am willing to risk 50% equity as of today I have made 8.72 on the first day it will take about a month to break even. Every thing after that is profit. I have a 50% hard limit, so I wont loss more then 7.5k.
There are things that I do on a daily basis to manage stress. I belive when you have a good system, stress management becomes more important. This reduces you eomotiional responses. What I mean by this is balanced life balanced emotions and good health.
Forex market is currently the biggest market in the world at about 4 billion dollars per day market.
This Journal will help me manage stress but will add more stuff here as I go.

So far so good, 1723.16 profit for now. Although it less then half way through the week I am alittle head of shedule. Just have to keep it up. Its only 2 days though so very early days though.

High level plan.

Expected Gain (Income per week) Week Expected date
Intial deposit $14,500.00 $3,625.00 1 23/08/2015
$18,125.00 $4,531.25 2 30/08/2015
$22,656.25 $5,664.06 3 6/09/2015
$28,320.31 $7,080.08 4 13/09/2015
$35,400.39 $8,850.10 5 20/09/2015
$44,250.49 $11,062.62 6 27/09/2015
$55,313.11 $13,828.28 7 4/10/2015
$69,141.39 $17,285.35 8 11/10/2015
$86,426.73 $21,606.68 9 18/10/2015
$108,033.42 $27,008.35 10 25/10/2015
$135,041.77 $33,760.44 11 1/11/2015
$168,802.22 $42,200.55 12 8/11/2015
$211,002.77 $52,750.69 13 15/11/2015
$263,753.46 $65,938.37 14 22/11/2015
$329,691.83 $82,422.96 15 29/11/2015
$412,114.79 $103,028.70 16 6/12/2015
$515,143.48 $128,785.87 17 13/12/2015
$643,929.35 $160,982.34 18 20/12/2015
$804,911.69 $201,227.92 19 27/12/2015
Next year $1,006,139.62 $251,534.90 20 3/01/2016

When you look at it its only 20 weeks, but seems like a blody long time. To do this I need 25% every week on average. Not impossible but I am not entirely sure this will work although mentally I am 100% commited. People have done similar before so I am quitely confidant. I my self have trippled an account in a few months. Obviously I cant keep trading like this forever this is why I am using 6 months then wil reduce risk radically. One key is not being afriad to loss the estimated 50%. In the end its only 7.5k, but I am willing to risk 7.5k to make 1 million over 6 months, thats the cost.

The reasons why I decided to do this was firstly the chalenge.
the second reason is that you see alot of systems that burn out in about 6-months to a year. Why not take advantage of that and risk more over that period.
Also risky small amounts over a long period of time will take ages before I can stop working. The reason for me investing all this time is so I can finish my full tme job. Is it a case that I am looking for a get rich quick plan? Don' t think so it has taken a while to get here, and has been anything but quick. Hopefully this is where the hard work and time will bare fruit.

Why waste such good money!?!!? The logic in this makes NO sense. OK so if you can achieve 25% in a week with high risk you are almost certain to blow the account. So why just take your time, risk less and control risk safer. This type of trading , mentality is very noobish. Greed. Just think about it. Up to you, just hate seeing people throw away good money.

How is that different to your accounts at 35 and 70 percent drawdown? Risk is relative to what your confortable with and what you believe your system can do. Also its early days, i could be wrong snd may blow up, oh well. Greed is also relative i think emotional greed is bad theres nothing wrong with greed its one of lifes great drivers. Also how do you know what my true risk is. lets say i have. 100000, i could be only risking 15% total. but thanks for your concerns if it blows up you can tell me i told you so.

Good start. Wishing you luck.

ok have fun

gerardngawati posted:
High level plan.

Expected Gain (Income per week) Week Expected date
Intial deposit $14,500.00 $3,625.00 1 23/08/2015
$18,125.00 $4,531.25 2 30/08/2015
$22,656.25 $5,664.06 3 6/09/2015
$28,320.31 $7,080.08 4 13/09/2015
$35,400.39 $8,850.10 5 20/09/2015
$44,250.49 $11,062.62 6 27/09/2015
$55,313.11 $13,828.28 7 4/10/2015
$69,141.39 $17,285.35 8 11/10/2015
$86,426.73 $21,606.68 9 18/10/2015
$108,033.42 $27,008.35 10 25/10/2015
$135,041.77 $33,760.44 11 1/11/2015
$168,802.22 $42,200.55 12 8/11/2015
$211,002.77 $52,750.69 13 15/11/2015
$263,753.46 $65,938.37 14 22/11/2015
$329,691.83 $82,422.96 15 29/11/2015
$412,114.79 $103,028.70 16 6/12/2015
$515,143.48 $128,785.87 17 13/12/2015
$643,929.35 $160,982.34 18 20/12/2015
$804,911.69 $201,227.92 19 27/12/2015
Next year $1,006,139.62 $251,534.90 20 3/01/2016

When you look at it its only 20 weeks, but seems like a blody long time. To do this I need 25% every week on average. Not impossible but I am not entirely sure this will work although mentally I am 100% commited. People have done similar before so I am quitely confidant. I my self have trippled an account in a few months. Obviously I cant keep trading like this forever this is why I am using 6 months then wil reduce risk radically. One key is not being afriad to loss the estimated 50%. In the end its only 7.5k, but I am willing to risk 7.5k to make 1 million over 6 months, thats the cost.

The reasons why I decided to do this was firstly the chalenge.
the second reason is that you see alot of systems that burn out in about 6-months to a year. Why not take advantage of that and risk more over that period.
Also risky small amounts over a long period of time will take ages before I can stop working. The reason for me investing all this time is so I can finish my full tme job. Is it a case that I am looking for a get rich quick plan? Don' t think so it has taken a while to get here, and has been anything but quick. Hopefully this is where the hard work and time will bare fruit.

You have guts buddy!! awesome selfconfident! i wish you can achieve it as your calculation and dont forget charity to help others😄

This was done over 14 months and would have been 1K to a million assuming a continuity in the ROI over some more months.

It gets more difficult psychologically when the downswing potential becomes so large though in the latter stages.

So you said that you are going to do this beside your current job? Or you are going to trade full time?

5starsignalspamm posted:
This was done over 14 months and would have been 1K to a million assuming a continuity in the ROI over some more months.

It gets more difficult psychologically when the downswing potential becomes so large though in the latter stages.

https://i.gyazo.com/5b38e7cfbf572ec315da3c1fadc9a323.png

Thats interesting, I can see what you are saying even now I'm starting to feel the drawdown, I dont usually exceded 15%. I am currently 25-30%. On smaller account you just dont care. I'll just have to get used to it.

Thanks for the example, it helps.

I feel I should explain how these things generally work though.

is that you see alot of systems that burn out in about 6-months to a year. Why not take advantage of that and risk more over that period.

Most often this will be martingale/grid strategies.

It is not so much a burn out as it is unsustainable and it just came to the end of its good run.

If you are willing to blow your 10K trying to flip it into a million I could get something managed set up for you to try that.

I really don't recommend it to be honest but there are various ways we can have a crack at it and we have done that sort of ROI before.

I would probably go with a multi strategy or 3 or 4 strategies running at slightly elevated risk (the diversity helps to hedge the risk a bit)

Each one of the strategies on hper risk can obtain it themselves (see here https://www.facebook.com/photo.php?fbid=1592048284401361&set=pb.100007886142144.-2207520000.1440023687.&type=3&theater ) but it had extremely high drawdown potential.

If you'd want to do it Id need you to use one of the brokers we work with that we can get tailored price feeds for (good brokers, either FCA or ACIS regulated)

you will fail...just like how i died with Biggie Smalls

The system is now private... what does it mean? I was excited to follow you and now you hide it.

The dream is done