From $1 to 10 million

Nov 13, 2013 at 08:24
8,078 Views
128 Replies
Rihan
forex_trader_102328
Member Since Dec 10, 2012   30 posts
Nov 13, 2013 at 08:24
Just kidding..Haha..
Member Since Jan 25, 2013   1 posts
Nov 15, 2013 at 18:10
it's very possible, but it takes a huuuuuge amount of patience and a load of winning trades.
Member Since Oct 22, 2013   5 posts
Nov 19, 2013 at 11:46
Lol
forexboysdotcom
forex_trader_165224
Member Since Nov 29, 2013   23 posts
Dec 06, 2013 at 12:11
hahaha... very funny...
Rihan
forex_trader_102328
Member Since Dec 10, 2012   30 posts
Dec 06, 2013 at 14:02
Preposterous claims.....
Member Since Mar 01, 2013   51 posts
Dec 06, 2013 at 22:26
i woudl estimate that getting from $1 to $1000 will take alot longer than getting from $1000 to 1 million.
Member Since Dec 10, 2013   20 posts
Dec 10, 2013 at 21:24
its 99% impossible & 1% possible
😎
Member Since Mar 04, 2013   1 posts
Dec 12, 2013 at 05:53
how to start trading in demo account?
Member Since Mar 01, 2013   51 posts
Dec 12, 2013 at 21:54
vijajabu posted:
how to start trading in demo account?

If you take this path you have an epic journey ahead of you.



forex_trader_136673
Member Since Jun 28, 2013   852 posts
Dec 13, 2013 at 03:10
I can loose easily 10 million to 1$.
Rihan
forex_trader_102328
Member Since Dec 10, 2012   30 posts
Dec 13, 2013 at 11:15
It is unfortunate that a lot of newbies are enticed to deposit. Promised if they buy this or that they will be millionaires soon, making the sellers rich and leaving the newbies with their dicks in their hands. I think I should also become a seller. I can make tons of $ from newbies.
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Dec 13, 2013 at 12:58
It is human nature to believe getting rich fast. Newbies think that the market is an ATM, the only difference is that they fund the market, not withdraw from it.

Millionaires brag getting 20-25% yearly and average Joe wants 100% monthly. Who is the smart guy?
Rihan
forex_trader_102328
Member Since Dec 10, 2012   30 posts
Dec 13, 2013 at 15:31
True dat! I am sure we all though fx will make us ridiculously rich someday when we started trading. It is only with a couple of times that one loses all your $ and a few margin calls that reality reels you back to earth again.

I would be very happy with only 4 or 5% per month. I am achieving this, but it is not as easy as one thinks.
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Dec 13, 2013 at 16:10
Anton Kreil, ex Goldman trader said: A good trader is the one that on 12 months trading has to be profitable at least on 10. He must be right on the market on 10 months when he makes money and he must be right also on 2 months when he looses money.

I totally agree with you. Making 4-5% seem easy. But making 4-5% consistently for a long period of time, is pretty hard.
Member Since Dec 15, 2010   795 posts
Dec 13, 2013 at 20:29
You are all correct on this. Making a fair 6% a month with a safe DD is very hard on long term. I have home built robots that can do 1-2% a month fairly safely, but anything above that, the risk of DD goes way up. 4% profits a month can give you DD of 40%. Very few of us wish to risk that kind of captial. WE all want and wish for larger profits and safer DD, but its very hard to obtain over a long term.
Click on my Name to see My Live Charts and Bio.
forexboysdotcom
forex_trader_165224
Member Since Nov 29, 2013   23 posts
Dec 13, 2013 at 21:50
yes what ardit says is very true
Rihan
forex_trader_102328
Member Since Dec 10, 2012   30 posts
Dec 14, 2013 at 11:38
I believe if one can tone down one's expectation (not believe one can be a billionaire in a few years through fx) one can supplement your existing income.
Member Since Dec 16, 2013   4 posts
Dec 16, 2013 at 13:56
Here is how to get from 1000 to 1 million in 80 trading day 100 pips per day compounded at 10% per day it thne become possible to go from 1000 to 10 million in 6 mouths
Dare to risk more to get more
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Dec 16, 2013 at 14:24
Net 100 pips a day, every day, for six months.

Peace of cake, everyone can do that.
Member Since Dec 16, 2013   4 posts
Dec 16, 2013 at 15:08
It not just 100 pips the trading lots has to go up as well.When the lots go up traders will come to emotional ceiling that they are not able to get over 100 is the ease part the hard part is closing the platfrom down and walking away after you have your 100 pips.
Dare to risk more to get more
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