Do you think you can turn $200 into $400 in six weeks?

Jul 30, 2012 at 11:35
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1,641 Replies
Membro Desde Feb 22, 2011   4862 posts
May 21, 2014 at 12:20
qntdinh posted:
Start New challenge started today on new live account, can turn £1000 into £2000 in six weeks?

@qntdinh
You have 70% DD during last 7 days.
You loose it all.
traderjcl
forex_trader_1708
Membro Desde Oct 13, 2009   16 posts
May 23, 2014 at 18:21
Good luck :)
Membro Desde Mar 03, 2014   7 posts
May 23, 2014 at 21:09
Yes and no. That sounds like gambling to me. Yes you could do it or you could also loss most of your money trying.
Membro Desde Dec 15, 2010   795 posts
May 23, 2014 at 21:35
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.
Click on my Name to see My Live Charts and Bio.
JuleD
forex_trader_178987
Membro Desde Feb 27, 2014   6 posts
May 25, 2014 at 06:28
Professor53 posted:
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.

Totally agree with you.
Membro Desde May 11, 2014   8 posts
May 26, 2014 at 07:23
TheLastBear posted:
I am wondering how many of you think they can turn $200 into $400 in six weeks? How would go about doing that?
i can turn in less than 1 day.
Membro Desde May 27, 2014   2 posts
May 27, 2014 at 06:40
rajenashara22 posted:
I can turn $200 into $400 in one week with my EA

what ea do u use?
Membro Desde May 20, 2014   1 posts
May 27, 2014 at 12:22
I've turned 200 into 600 in six days using a combination of short and long term strategies, but keep in mind don't play hero when the markets are slow that's how I lost all my money when I was new.
Membro Desde Mar 03, 2014   7 posts
May 27, 2014 at 20:20
Professor53 posted:
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.

This is the truth. It is not difficult to do it, just as it is not difficult to loss your account trying, it is simply gambling.

Personally, I am a trader with an edge and not a gambler. How about everyone else?
Membro Desde Dec 15, 2010   795 posts
May 27, 2014 at 20:48
Im a heavy grid trader with martingale....


Anexos:

Click on my Name to see My Live Charts and Bio.
Membro Desde May 09, 2014   4 posts
May 28, 2014 at 06:59
Its Possible even with a low risk when the market runs good.

But you will get slow times.... this month were slow for me.
Live life as its meant to be lived.Free....
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   724 posts
May 29, 2014 at 08:49
@GremlinCCS

This month was slow for everybody, lowest volatility in 7 years there for a week or so.
Membro Desde Apr 14, 2013   402 posts
May 30, 2014 at 21:20
Have a look at this guy...
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 Over 2000% profit!

 The reality is if you are trading martingale or not as long as you make profit that is the key to trading. Many people look down on martingale, but martingale should be used especially when scalping. I for one now trade using fibs with engulf patterns, and over 97% of the times in which i open a position and closed in red after 5 mins, the trade ends up going against me 12 pips before I close back to break even. So with those stats, why would you not use martingale? Before looking speaking down on martingale, why not look at the trades and analysis the 'Pip-drawdown'.

 Have a look at this account: https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-pamm/931519

Then look at each individual trade. By focusing on the pip-drawdown, you will be able to realize if that specific system should use martingale or not.
Focus on pip-drawdown
Membro Desde May 01, 2014   17 posts
Jun 05, 2014 at 18:48
togr posted:
qntdinh posted:
Start New challenge started today on new live account, can turn £1000 into £2000 in six weeks?

@qntdinh
You have 70% DD during last 7 days.
You loose it all.

that expect to happen when you want to turn 100% in six week.

anyway it's will be completed in 4 weeks instead of 6 weeks.
Millionaire
Membro Desde Dec 15, 2010   795 posts
Jun 06, 2014 at 01:30
ANy one using the pyramid stacking type of trading?
Click on my Name to see My Live Charts and Bio.
Membro Desde Apr 09, 2014   7 posts
Jun 06, 2014 at 07:39
Thats just 100%, risky but ya i think i can do it. Have done it a couple of times in two days actually; and i didnt use martingale
Lets go make some pips
Membro Desde Apr 14, 2013   402 posts
Jun 10, 2014 at 19:04
Lets turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
Focus on pip-drawdown
Membro Desde Nov 21, 2011   1718 posts
Jun 10, 2014 at 19:19
Impress us.
Membro Desde Oct 24, 2013   268 posts
Jun 10, 2014 at 19:24
Master_Kiwa posted:
 Lets turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495

Sounds like more of your normal BS to me. tick tick boom no update.

I know, I know real account etc etc. Ra RA RA!! Yeah whatever!!
You can't spend open trades.
Membro Desde Apr 14, 2013   402 posts
Jun 10, 2014 at 19:56
You're working about accounts not updating instead of thinking.... where did that money come from. Last account which was liquidated today resulted in over 550% profit. Well since my commission has been paid from the PAMM, I will risk my entire commission. All of my accounts have shown excellent results. How else would I obtain 10k usd if my accounts weren't actually making money? None the less see you guys tomorrow.
Focus on pip-drawdown
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