$50 to $1 million in 18 months讨论

Professor53 posted:
Big OCH.... My double sided martingale had a tuff time with that also..... good try jack. perhaps resatrat with $300.

Nah, I'm gonna stick with $50 - because a lot of aspiring forex traders out there haven't GOT an extra $300 to open with.
(Besides, it'll make a better story.)
Hang around - I like your input.

Yeah, no doubt could have made more today, but I was thankful to be able to quit at lunchtime back up over $100.
TOLD ya that flippin' Eur/Aud was dead. :)

Bigger OCH....

TheSundanceKid posted:

Professor53 posted:
I still Love following this trader, however, it can never be on auto trade per myfxbook. Its exceeded the DD ratio as a safe trader. Im sure with a larger starter balance of perhaps $300, he could really set this up as a auto trader after 3 months. Besides, If he can take $50 and turn it to ONE milliion in any time frame, he can sell lots of books and be famous for longer than 15 minutes on TV.
He needs to also trade a slightly larger account the same way and stay within the auto trader rules, so the rest of us in 3 months can benefit from his expertise. FYI, Just a freindly thought.

Sincerely
P53
 

You're so smart, Professor. :) I've actually thought about doing that, setting up a parallel account, but with a bit more money to work with. It's frustrating operating at this small level - however, that's good motivation for me to grow the account!
Oh, come on, I only violated that 'safe trader' drawdown ONCE - Before that, I think my worst drawdown was about 11% - Aren't I allowed one momentary blip of trading insanity? I mean, come on, I'm making it back, right?

Nope, you need a fresh account : Once you hit the high DD its like a tatto. Its for the live of that account and wont be allowed to mirrow trade. I have had several accounts that were allowed to trade live after 3 months , only then to hit a high DD and they send you a pink slip...

Come on..... try and try again... you can do it!

Absolutely - persistence wins. :)

Professor53 posted:
Come on..... try and try again... you can do it!

Well, I just thought I'd open the week by basically betting the farm on 3 trades - at least I should be killed or rescued in fairly short order. :)

LOL........ killed or rescued..... yep... you could martingale on a loss...and retry

Butch, to Sundance, 'So far, they're doing what we want'. :)

I think stick with $50 sounds good. Good luck!

Take the profit or set a trailing stop loss or something to save the game!!!!

Not that you need it or even want it but here is a trailing stop EA. trails as soon as the trade is placed. Not like mt4's trailing stop which has to move your specified into profit before it trails.
Cheers,
Len

deweet.. thats a cool mt4 code.

Thanks for the tip, Len. Cheers.

Whirrrrr....reboot.
:)

😁

You should name it $265 to $50 in no time:)

togr posted:
You should name it $265 to $50 in no time:)

He does not rip off clients with monthly fee, nor filter out blown account and publish only good ones.

It is his own money, and he can do whatever he likes. Good thing is that he shares his experience with other.

No one with IQ higher than 70 thought it will happen. Making 1 mil out of 50$ has lower chances than winning state lottery. I'ts just a journey. Setting a target hard to reach, and at least trying.


Regards

Reboot is good! We have all been there.....me, hundreds of times over the last 8 years...arg. I can do a safe normal growth of less than 25% per year safely, but none of us want only 2% a month growth.... I dont gamble, but if I did, Id play Black Jack and martingale it on each loosing hand.

P53