Do you think you can turn $200 into $400 in six weeks?
Uczestnik z Jan 01, 2013
126 postów
Jun 12, 2014 at 10:34
I'm beginning to believe that you don't understand English ... otherwise you simply you don't understand the subject in general...
Uczestnik z Jan 01, 2013
126 postów
Jun 12, 2014 at 10:36
Master_Kiwa posted:
You swing traders trade with such disillusion like 'consistency' and 'money management' which doesn't allow you to turn profit in the short, or even long haul. You may want yourself to believe that your money management, and risk management is excellent, but you are simply piggy backing from the other 'pro's' online who don't even have an account linked here. If you guys are looking for long term growth invest in stocks. Currency is meant to be scalped, if it wasn't do you think it would move the way it does?
We don't think anything and we are not swing traders... and now please end this conversation and go make your millions in the short term by scalping the currencies, which are meant to scalped!
Jun 12, 2014 at 11:27
Here guy,
Start with £200
grow 10% per week.
90 weeks later you have £1,062,604.52
keep drawdown less and 25% is good.
I started Example for you guys to follow.
QD Millionaire Project - started 10 Jun 2014
https://www.myfxbook.com/members/qntdinh/qd-millionaire/944535
Start with £200
grow 10% per week.
90 weeks later you have £1,062,604.52
keep drawdown less and 25% is good.
I started Example for you guys to follow.
QD Millionaire Project - started 10 Jun 2014
https://www.myfxbook.com/members/qntdinh/qd-millionaire/944535
Millionaire
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 11:58
dchara01 posted:I understand the subject very well. It appears that you seem to lack the ability of understanding. One doesn't have to risk 100% of his/her account to earn 100% profit. Due to the fact that you were able to scalp 100% in a week, the reality is you may of simply used a head or tails method of wagering. You can keep chasing the consistency ghost, but the reality is you have YET! to have an account active over 1 year. You can rationalize my trades by measuring success combined with luck, but until you actually you look at the trades, your simply being a pessimistic troll.
I'm beginning to believe that you don't understand English ... otherwise you simply you don't understand the subject in general...
Focus on pip-drawdown
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 12:09
dchara01 posted:
I didn't show my gambling account to see my results, I just proved you that by accepting 100% risk 100% return is possible, but it is UNSUSTAINABLE!!!
dchara01 posted:
As I said your trading is pure GAMBLING!!!
One of the most important things one fails to point out, when someone says the other trader is gambling, would be the % of his account he/she is wagering. You simply say a person is gambling because he or she has a high draw down, or it's luck because he or she has a high yield return with a low draw down. The account which you posted, which claims to be your 'test' account to prove that 100% can not be reproduced over the long term, reveals one key thing. Your entries are HORRIBLE! It turned out to be luck because the position came back to you, but when you spend less then 5% of your time in profit, it says much about your trading. The beauty of myfxbook, is it shows us 'PIP-DRAWDOWN' which is the amount of pips you were in red before the position was closed.
have a look at your own stats. It is clear to see that you have no system. You are clearly trading heads or tails, or as swingers call it 'support and resistance'.
https://prntscr.com/3s2h9g
Focus on pip-drawdown
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 12:15
My lord dchara01 All of your trades you were in profit less then 10% of the time in which the position was opened. It appears you are struggling with trading bias. You are clearly missing something my friend. I think you should stop trolling, and perhaps open several charts. I can assure you you'll find something interesting in them.
Have a look at this guy.. Over 48,000% profit. :P
https://www.forexfactory.com/fxchallenger#14 You can't be lucky for 100 days in a row. lol
Have a look at this guy.. Over 48,000% profit. :P
https://www.forexfactory.com/fxchallenger#14 You can't be lucky for 100 days in a row. lol
Focus on pip-drawdown
Uczestnik z Jan 01, 2013
126 postów
Jun 12, 2014 at 12:36
Master_Kiwa this is the reality of your account:
Załączniki:
Uczestnik z Jun 07, 2011
372 postów
Jun 12, 2014 at 14:12
Master_Kiwa posted:Good post
Memo to the noobs. Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN. That's how you get high yields with low drawdown %. Simply spend less time in red! Swingers for the most part (which is analysed by the myfxbook system) calculates % of time in red, and green. Why would i want to leave 2% of my account, or any amount of money for that matter in red for more then 50% of the time. That's counter productive trading. If you look at the account which was liquidated. 585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.
Please take the time to look at the system. How did you double the account 5 times without ever being in red more then 5% of your total account. Look at what matters. The trades... Not the basher who doesn't even have a real account.
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 14:18
dchara01 posted:
Master_Kiwa this is the reality of your account:
Wrong this is the reality of the account... Once I am requested to take over an account, that is when I begin calculating. So over 500% profit with 16% draw down.. It would appear over time my accuracy gets better and better. Unlike your trades which you allow to go 60 pips in red over 5 hours!
Załączniki:
Focus on pip-drawdown
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 14:22
bewayopa posted:Master_Kiwa posted:Good post
Memo to the noobs. Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN. That's how you get high yields with low drawdown %. Simply spend less time in red! Swingers for the most part (which is analysed by the myfxbook system) calculates % of time in red, and green. Why would i want to leave 2% of my account, or any amount of money for that matter in red for more then 50% of the time. That's counter productive trading. If you look at the account which was liquidated. 585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.
Please take the time to look at the system. How did you double the account 5 times without ever being in red more then 5% of your total account. Look at what matters. The trades... Not the basher who doesn't even have a real account.
Thank you sir. I just hate how these swing trading experts only bash anyone who has better results then them. They say it's 'luck', or 'it can't be consistent' only because they aren't able to produce the same results. They justify everything with things they have copied and pasted from other website, but when it comes time to perform, they always seem to come short. They are the same ones still trying to predict the bottom of eur/usd! Bias will always cost us money. We become emotionally attached to our positions, instead of realizing that the market has a sweet spot. Those sweet spots give us high yield returns. Not waiting months or even weeks for your take profit to be triggered.
Focus on pip-drawdown
Uczestnik z Nov 21, 2011
1718 postów
Jun 12, 2014 at 14:25
What is 'sweet spots'?
Give an example on chart please.
Let's this thread be constructive.
Give an example on chart please.
Let's this thread be constructive.
forex_trader_136673
Uczestnik z Jun 28, 2013
852 postów
Jun 12, 2014 at 14:36
I think I know what a 'sweet spot' is
;)
;)
Uczestnik z Nov 21, 2011
1718 postów
Jun 12, 2014 at 14:39
ahuruglica posted:
I think I know what a 'sweet spot' is
;)
Please don't provide picture!
Uczestnik z Jan 01, 2013
126 postów
Jun 12, 2014 at 14:57
The truth about your PAMM account for which you are very proud and repeating posts and posts about it, is the following:
You have 51.06% return and 68.09% drawdown... although you adjust the starting date in order to get 5% drawdown and 500% gain, but still not Abs. Gain.
You have 51.06% return and 68.09% drawdown... although you adjust the starting date in order to get 5% drawdown and 500% gain, but still not Abs. Gain.
Załączniki:
Uczestnik z Apr 14, 2013
402 postów
Jun 12, 2014 at 15:32
(edytowane Jun 12, 2014 at 15:34)
dchara01 posted:
The truth about your PAMM account for which you are very proud and repeating posts and posts about it, is the following:
You have 51.06% return and 68.09% drawdown... although you adjust the starting date in order to get 5% draw down and 500% gain, but still not Abs. Gain.
Wrong again troll. My absolute profit begins from the time in which I start trading. If I take over an account, its from the time which I set on for everyone to see. When I posted this account for everyone to see, it was already in RED :) You just enjoy bashing, and being pessimistic instead of looking at actual facts (like trades, % accuracy of entry and exit, etc) Why don't you explain how most of your trades you spent 5% of the time in green. Well that would be super easy to answer, YOU HAVE HORRIBLE TRADE MANAGEMENT. Simple. How can a person give 64 pips to the market, and spend 5% of their time in red? What reasoning is behind.
Focus on pip-drawdown
Uczestnik z Aug 19, 2013
182 postów
Jun 12, 2014 at 15:39
(edytowane Jun 12, 2014 at 15:55)
Master_Kiwa if you are truly the expert trader that you profess to be and you think you can prove it, how about this.
I will setup an account (demo of course), I will provide you the investor read only password, and you can monitor the account, and for 2 weeks you simply provide me a Metatrader 4 signal for the account via the free signal service at mql5.com. At the end of two weeks we can post the results here for everyone to see, and you can explain in detail why you made those trades. If you have nothing to hide then this shouldn't be a problem.
And we'll make it a realistic starting deposit amount of say $5000.00 USD
I will setup an account (demo of course), I will provide you the investor read only password, and you can monitor the account, and for 2 weeks you simply provide me a Metatrader 4 signal for the account via the free signal service at mql5.com. At the end of two weeks we can post the results here for everyone to see, and you can explain in detail why you made those trades. If you have nothing to hide then this shouldn't be a problem.
And we'll make it a realistic starting deposit amount of say $5000.00 USD
Viva La Puerto Rico!
Uczestnik z Aug 19, 2013
182 postów
Jun 12, 2014 at 15:40
(edytowane Jun 12, 2014 at 15:52)
Master_Kiwa I will also setup an identical demo account for myself (same starting balance, etc) and I will trade it using my methods. At the end of those two weeks, we can compare what we did, and discuss in detail why those trades were made and how we might be able to improve our trading skills.
Viva La Puerto Rico!
Uczestnik z Aug 19, 2013
182 postów
Jun 12, 2014 at 16:33
(edytowane Jun 12, 2014 at 16:33)
Master_Kiwa I'll even setup the signal service so you don't need to worry about it, I just need the read only investor password for the control account to feed the signals from. Just let me know when you're ready and I'll do all the setup for it. That way you don't have any excuse about it being too confusing and not wanting to sign up for their service and such. I already have an account there. So no problem there.We can start this on Monday. again, unless you have something to hide, you risk nothing by doing this.
Viva La Puerto Rico!
Uczestnik z Aug 19, 2013
182 postów
Jun 12, 2014 at 17:45
(edytowane Jun 12, 2014 at 18:06)
Master_Kiwa,
And just to keep the trading field equal in regard to the instruments being traded you can trade any or all of the following.
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDUSD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
USDCAD
USDCHF
USDJPY
Those 28 currency pairs represent AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD, and the crosses between them.
I've left out metals, energy, and the various more 'exotic' pairs on purpose, as the above listed 28 currency pairs should be more than enough for anyone to show what kind of trader they are.
I'll use a simple trend strategy using MA cross.
And you can use whatever strategy it is that you do to get such 'massive' wins.
At the end of two weeks we can post up the results and discuss them like adults, and provide in depth explanations as to why we made the trades that we did, and when we did them.
You have nothing to lose by doing this, and you can easily prove your skill by doing so.
And just to keep the trading field equal in regard to the instruments being traded you can trade any or all of the following.
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDUSD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
USDCAD
USDCHF
USDJPY
Those 28 currency pairs represent AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD, and the crosses between them.
I've left out metals, energy, and the various more 'exotic' pairs on purpose, as the above listed 28 currency pairs should be more than enough for anyone to show what kind of trader they are.
I'll use a simple trend strategy using MA cross.
And you can use whatever strategy it is that you do to get such 'massive' wins.
At the end of two weeks we can post up the results and discuss them like adults, and provide in depth explanations as to why we made the trades that we did, and when we did them.
You have nothing to lose by doing this, and you can easily prove your skill by doing so.
Viva La Puerto Rico!
Uczestnik z Nov 21, 2011
1718 postów
Jun 12, 2014 at 17:52
He is forfeit for AFK
I'm still waiting for that 'sweet spot' trading definition.
I'm still waiting for that 'sweet spot' trading definition.
