I have done 1,000% in 1 week twice on demo and I need to do it live...

   gerardforex posted:
   Demo people are here :)

+1

I've done 1000% on a little real account but after 3 weeks i gone down to -99%
Now my weekly objective is 5% and it works better

   gerardforex posted:
   Demo people are here :)

You are right. I feel so bad that they can't accept US real money clients.

I got margin call on an account I started trade this week. I believe all positions will be closed at or below 30% margin.

Margin call account:

<a href='https://www.myfxbook.com/members/7forex/7forex19/191230'><img border='0' src='https://www.myfxbook.com/widgets/191230/medium.jpg'/></a>

Account number: 11254212
Investor password: 50to30 (will be changed when I trade this account again at least 1 week later)
Server: ThinkForex-Demo.

What a surprise.....

   TheCyclist posted:
   What a surprise.....

You are the one warns about the risk of this opportunity and I really appreciate it.

We should all understand it's high risk, higher return investment. We risk 80% of the capital in the trading account for 1,000% or more potential return. If we can achieve 1 out of 3 tries, we can make health profits. The only issue for me it's this broker does not accept US clients and that is the reason I come to here.

Again, only allocate 20% or less of your total Forex capital to this opportunity and you must accept the risk of lose the entire account if you are considering investing with me.

Happy trading to all!

I'm actually not warning anyone against the risk of the 'opportunity'. There is no 'opportunity' or investing here.

Hi 7,

Just ignore all these idiots that are doubting your strategy. The majority of traders here have been conditioned into thinking you can only earn 2% a month in trading. They see high flyers netting 20% a month and get jelous and come onto their pages to try and rubbish them because they never got beyond moving averages and price action.

Can you tell us more about the strategy, I'm guessing it's not martingale right?

whats the risk per trade?

There you go 7 - your first happy client.

Put down the money leerees !! Only $3000 (remember it might take 3 tries) - Can walk out with thousands in just a week. Show me how big a idiot I am....

What a nice pair has formed: wannabe but illiterate self-proclaimed HFT trader Leerees with some Scorpion King coonections and the wannabe 10-fold account multiplier but yet margin-caller seven-eleven forex. Great duo, guys, wish you many fools along your ways.

   leerees posted:
   Hi 7,


Can you tell us more about the strategy, I'm guessing it's not martingale right?

whats the risk per trade?

Hi Leerees,

First, the risk per set of trades is margin call that will close all open positions at about 75% to 80% account equity with the right broker (some brokers close one position at a time to reduce margin, which can lead to larger loss than close all positions).

It's simillar to 'All In' playing poker. You either win big, that can be much bigger because you can win many times profits of your all in money in Forex than poker, or lose it all. It's high risk, very high risk in short period of time.

However, I control trading risk before I start trading the account by only allocating 20% or less of the total Forex risk capital to the trading account. Now my losses are only limited to the money on the table, that is the money in the trading account in Forex.

With the above special money risk managment, my trading strategy can be very simple: I trade with the major trend. I must select my trading opportunity well because I do 'all in' on every trade and can lose it all in one set of trades.

Per my current trading stats, we can earn health profit if I can win 1 out of 3 tries. If I get first margin call, I will lose 80% of the first account. I will trade the rest of the 20% on the first account to make it up. If I can make profit on the 2nd try, I should be in profit or even on the first initial trading capital. The investor then withdraw his/her initial deposit if there are any profits more than 100% of the initial deposit. I will trade the profit on the account as risk free money...

I hope this explain a little more about my risk management and my trading strategy.

To those who have different opinions on this opportunity, especailly TheCyclist, I really appreciate your comments, which help the potential investors aware of the risk of investing and also help me improve myself and make this a much better opportunity than it was.

Thank you all for your time and your comments.

7Forex, sorry but your strategy is too risky for me. No money management at all is crazy!

As for MistiFX, well I am not a self proclaimed anything, however take a look at my account and then take a look at your account, which one has more profit.

Let me just say Misti that YOU are the one who is hiding your open trades, the only reason people do that is when they are in massive drawdown. Your behaivour stinks of dishonesty and yet you try and rubbish me online? You can say what you want about me but I am honest about my trading, I don't hide losses and funnily enough, I make a lot more profit than you.

I could easily delete the losses on my live strategy testing account but I will not, I want people to see my whole journey through forex, that's why I decided to share my accounts, that's also why I am using real money.

   7forex posted:
   I got margin call on an account I started trade this week. I believe all positions will be closed at or below 30% margin.

Margin call account:

<a href='https://www.myfxbook.com/members/7forex/7forex19/191230'><img border='0' src='https://www.myfxbook.com/widgets/191230/medium.jpg'/></a>

Account number: 11254212
Investor password: 50to30 (will be changed when I trade this account again at least 1 week later)
Server: ThinkForex-Demo.

Just traded an account from $2,999 as the 2nd try of the above margin call account. Got it back to a little above $10K. Will trade another account from $5k and keep the inital $5K (the new $5K can be viewed as a risk free account) per my plan.

Please see my trade details and you will find that I placed SLs on this account.

<a href='https://www.myfxbook.com/members/7forex/7forex-down/194572'><img border='0' src='https://www.myfxbook.com/widgets/194572/medium.jpg'/></a>

Account Number: 11254867
Investor Password: 2999at
Server: ThinkForex-Demo

Again, I truly appreciate all your comments and advices that make me trade better.

7forex,

It is a demo account with no grounding in money management.
I agree that it is exciting when it happens the first time and yes I remember thinking I had found a secret formula in the past but it is just a demo account.

Unfortunately there are people with even less experience than you who might think that you are a credible trader so you should be responsible and stop posting things like this until you have a track record with sound money management.

I am not suggesting that you can't do that in the future but just that you should do a bit more work.
Sorry Buddy

fxbootstraps

 

 

   fxbootstraps posted:
   7forex,

It is a demo account with no grounding in money management.
I agree that it is exciting when it happens the first time and yes I remember thinking I had found a secret formula in the past but it is just a demo account.

Unfortunately there are people with even less experience than you who might think that you are a credible trader so you should be responsible and stop posting things like this until you have a track record with sound money management.

I am not suggesting that you can't do that in the future but just that you should do a bit more work.
Sorry Buddy

fxbootstraps

 

 

fxbootstraps, Great point on demo account performance. I keep saying that I have no experiences trading live accounts on this broker because they don't accept US clients. I can only hope the trading conditions on live account should be as good as on demo for the same performance I have done 5 times here with 1 loss.

I also agree with you that risk/money management is one of the most important aspects of Forex trading. You can read this thread and find that my risk/money management is unique and much better for this opportunity.

Here is another account I am currently trading with SLs for you to review.

<a href='https://www.myfxbook.com/members/7forex/7forex-25k/195723'><img border='0' src='https://www.myfxbook.com/widgets/195723/medium.jpg'/></a>

Thank you very much.

TheCyclist, I don't know what is the problem with you. You get mad at people who are asking for a 'investment'. What is the problem with you ? Ok fine you stated your point, no need to be all rude here. Even after 7forex been so sweet and kind person. You come here and call idiots and whatever.

That you Zero ?

Just in case you aren't, can't you spot a web marketer when you see one Porquilho? I have very little patience for the 7forex's of the world. If he can't even solve something as simple as broker problem what the hell is he doing gambling other peoples money?

Not rocket science this stuff and very obvious to anyone who has even a vague idea of risk and the role of leverage in risk that he's just peeing money away against a wall.

And I don't believe I called anyone any names. Thank you. And try stay polite, not nice to swear at people when you can't read straight.

Yes you were rude. and you are still being rude. what do you care about other people money?

*shrug* whatever....