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Do you think you can turn $200 into $400 in six weeks?
Medlem sedan Feb 22, 2011
4862 inlägg
May 21, 2014 at 12:20
Medlem sedan Feb 22, 2011
4862 inlägg
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.
forex_trader_1708
Medlem sedan Oct 13, 2009
16 inlägg
May 23, 2014 at 21:09
Medlem sedan Mar 03, 2014
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Yes and no. That sounds like gambling to me. Yes you could do it or you could also loss most of your money trying.
Medlem sedan Dec 15, 2010
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May 23, 2014 at 21:35
Medlem sedan Dec 15, 2010
795 inlägg
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.
forex_trader_178987
Medlem sedan Feb 27, 2014
6 inlägg
May 25, 2014 at 06:28
Medlem sedan Feb 27, 2014
6 inlägg
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.
May 27, 2014 at 20:20
Medlem sedan Mar 03, 2014
7 inlägg
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?
Medlem sedan Dec 15, 2010
795 inlägg
May 27, 2014 at 20:48
Medlem sedan Dec 15, 2010
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Click on my Name to see My Live Charts and Bio.
forex_trader_28881
Medlem sedan Feb 07, 2011
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May 29, 2014 at 08:49
Medlem sedan Feb 07, 2011
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Medlem sedan Apr 14, 2013
402 inlägg
May 30, 2014 at 21:20
Medlem sedan Apr 14, 2013
402 inlägg
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.
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
Jun 05, 2014 at 18:48
Medlem sedan May 01, 2014
17 inlägg
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
Medlem sedan Dec 15, 2010
795 inlägg
Jun 06, 2014 at 01:30
Medlem sedan Dec 15, 2010
795 inlägg
ANy one using the pyramid stacking type of trading?
Click on my Name to see My Live Charts and Bio.
Jun 06, 2014 at 07:39
Medlem sedan Apr 09, 2014
7 inlägg
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
Medlem sedan Apr 14, 2013
402 inlägg
Jun 10, 2014 at 19:04
Medlem sedan Apr 14, 2013
402 inlägg
Lets turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
Focus on pip-drawdown
Medlem sedan Nov 21, 2011
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Medlem sedan Oct 24, 2013
268 inlägg
Jun 10, 2014 at 19:24
Medlem sedan Oct 24, 2013
268 inlägg
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.
Medlem sedan Apr 14, 2013
402 inlägg
Jun 10, 2014 at 19:56
Medlem sedan Apr 14, 2013
402 inlägg
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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