MyFxBook, who is a millionaire?

Jun 29, 2014 at 20:36
4,610 Views
75 Replies
msglamb
forex_trader_196914
Member Since Jun 26, 2014   5 posts
Jul 28, 2014 at 06:32
Its not a smooth ride to multiple millions/billions in the forex game. The best way to be a millionaire trader is to start with a million. Your going to get volatility in your returns due to the behavior of FX so anyone whos made millions has took some beatings along the way.
Member Since Apr 30, 2013   55 posts
Jul 28, 2014 at 07:11
I agree with that.
Before me and a few other people I know became a millionaire we all spent a lot of money, I also lost a lot of money in trading before I became skilled and was able to double triple and so on my millions. And remember everyone, making a million with a million is basically the same as turning $100 into $200.
msglamb
forex_trader_196914
Member Since Jun 26, 2014   5 posts
Jul 29, 2014 at 06:24
What all the non-millionaires don't know is that its not about money its about what risk adjusted returns you can achieve.
Member Since Jun 09, 2013   92 posts
Jul 29, 2014 at 19:10
Igor123472 posted:
Hi guys,
I have some simple questions...

Who are Millionaire on here, MyFxBook? 😄

What do you advice for some trader that aims to be millionaire well-succeed? 😎

How many time you invested in YOUR life to become a real millionaire trader?

What was the most disappointing time of your trading career you would like to share? 😲
And what was the most happy moment of your career you would like to share?

EA are real useful to help reach this goal?
In this case, an EA created by the personal trader and your 'secret' rules, i meant.

Feel free to share your ideas... at least we are traders helping traders.

Cheers,

I have nothing to hide, but I am not gonna teach you everything...
First and main rule do not concentrate money only into one way.
till now i have made more than million just by trading (manual/auto), managing hedge funds...
Stable 20% per month without manual intervention...
Member Since Jun 09, 2013   92 posts
Jul 29, 2014 at 19:10
msglamb posted:
Its not a smooth ride to multiple millions/billions in the forex game. The best way to be a millionaire trader is to start with a million. Your going to get volatility in your returns due to the behavior of FX so anyone whos made millions has took some beatings along the way.

Wrong!
I have hedge fund it's worth more than $8 mil. My trades can't impact fx market,
ok probably by 1-2 pip, but it might be just by chance...
Stable 20% per month without manual intervention...
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jul 30, 2014 at 15:31
TheFX4You posted:

...till now i have made more than million just by trading (manual/auto), managing hedge funds...

That's nothing, everyone else here is a billionaire.
msglamb
forex_trader_196914
Member Since Jun 26, 2014   5 posts
Aug 03, 2014 at 12:56
what do you mean wrong. Not impact price by making trades...volatility in returns PnL.
Member Since Jun 09, 2013   92 posts
Aug 07, 2014 at 06:46
ahuruglica posted:
TheFX4You posted:

...till now i have made more than million just by trading (manual/auto), managing hedge funds...

That's nothing, everyone else here is a billionaire.

I don't need to worry or prove you anything,
those who know me in real life respect me and my developed trading systems has brought wealth for a lot of people.
I am not a selfish, I don't want to spend most of life just sitting onto money and spending it like insane. The best feeling is to help others achieve some positive results.
That's all...
Stable 20% per month without manual intervention...
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Aug 07, 2014 at 09:43
No need to prove anything. For everyone here millions is like nothing. Everyone else is a billionaire.

That's what I said.
Member Since Mar 10, 2014   2 posts
Aug 08, 2014 at 06:53
is there anyone out there offering mentorships or classes on different stratergies that actually work.
leplonger
Member Since Jul 10, 2014   10 posts
Aug 08, 2014 at 19:11
TheFX4You posted:
ahuruglica posted:
TheFX4You posted:

...till now i have made more than million just by trading (manual/auto), managing hedge funds...

That's nothing, everyone else here is a billionaire.

I don't need to worry or prove you anything,
those who know me in real life respect me and my developed trading systems has brought wealth for a lot of people.
I am not a selfish, I don't want to spend most of life just sitting onto money and spending it like insane. The best feeling is to help others achieve some positive results.
That's all...
Да Вы правы самое большое удовольствие - это искреннее спасибо от человека))))
Member Since Dec 12, 2011   81 posts
Aug 08, 2014 at 19:39
qntdinh posted:
Like I said, You need some Systems and stick to it (improving it).

2% per day is very short term Goal. Don't change your trading because you didn't meet your daily goal.
10% per week is short term goal. So far most of weeks we have done this.
40% per month profit is my 1st real goal. we complete this every month for last 3 months.

True. this account (https://www.myfxbook.com/members/qntdinh/cvle-c2-millionaire/920340) may not last for 6 months. but look at it. this is our 1st System. We already withdraw the deposit. it's still going strong.

look at the next systems (https://www.myfxbook.com/members/qntdinh/longdinh-sb-millionaire/940746) We call this PentaQ's - Millionaire Systems - Aggressive Trading Mode.

this will be aggressive as it start with only £250 - once the balance reach £1000 it will switch to PentaQ's - Millionaire Systems - Moderate Trading Mode.

the next system start with £1000 (https://www.myfxbook.com/members/qntdinh/jenny-truong-sb-millionaire/952172) using PentaQ's - Millionaire Systems - Moderate Trading Mode.

This PentaQ's - Millionaire Systems - Moderate Trading Mode still archived the 2% per day profit and Gain 10% profit per Week.

So Compounding Profit Calculation

Base on the Weekly Compounding Profit of 10%

Start with £1000
Compound 10% profit per Week
At week 26 your new balance is £10,834.71
At week 52 your new balance is £129,129.94
At week 74 your new balance is £1,051,153.20 <<<<----- 1 Million

I'm sure most peoples already know all the above. If all the time i spend writing this post help few more peoples learned something new. that all it matter.

Good luck trading everyone.

Knowledge + Actions = £££££ Millionaires £££££


What happened to this optimistic projections??? 😉
Member Since Jan 27, 2013   447 posts
Aug 08, 2014 at 23:15
Clopma posted:


What happened to this optimistic projections??? 😉

When I said will not last 6 months I was super optimistic. It did not last even 6 weeks!!!
Member Since Mar 10, 2014   2 posts
Aug 09, 2014 at 08:00
thank you clopma
i have a few strategies i have been using on a demo account, only 1 clear winner i can count on at the moment, i suppose as a newbee, i just want to see if anyone is really making a living on the fx trading and get strategies that actually work well enough to live off.
leplonger
vinabao
forex_trader_178891
Member Since Feb 26, 2014   104 posts
Aug 09, 2014 at 14:27
ovisun posted:
Clopma posted:


What happened to this optimistic projections??? 😉

When I said will not last 6 months I was super optimistic. It did not last even 6 weeks!!!

Those new babies in Forex think they are supper man .
If you are not professional ( who trade for living in last 10 years ) then Anything more than 10% a month would never last long .Forex is very risky and very hard .
Making money in forex is hardest job in the world , Much harder than being a doctor .
Even I can make more than 10 % a month ,I still try to control it with less than 10% if possible .Every time my DD go >10% I start limit my DD right away .
Please realistic 2- 10% a month is very very good .EXcept emergency situation otherwise try the best to control DD under 20% .
gsmontel
forex_trader_125020
Member Since Apr 27, 2013   9 posts
Aug 09, 2014 at 17:12
Scammers!!!
Member Since Jun 09, 2013   92 posts
Aug 16, 2014 at 08:36
Not everyone 😉
Stable 20% per month without manual intervention...
vinabao
forex_trader_178891
Member Since Feb 26, 2014   104 posts
Aug 16, 2014 at 18:29 (edited Aug 16, 2014 at 18:30)
TheFX4You posted:
Not everyone 😉
No exception .
Any one without 1 year proof with good broker than they are scammer .
no exception .
Must have atleast 1 years proof .Otherwise keep your mouth shut .
Member Since Jun 09, 2013   92 posts
Aug 17, 2014 at 06:57
vinabao posted:
TheFX4You posted:
Not everyone 😉
No exception .
Any one without 1 year proof with good broker than they are scammer .
no exception .
Must have atleast 1 years proof .Otherwise keep your mouth shut .

I would never publish my main account online.
Do you know something about envy?

Those, who know me in real life, especially, those who have invested into my funds knows a lot about me and our companies financial status.

But you won't understand.
Better prove something for your self, earn your first million and then you will become serious.
Stable 20% per month without manual intervention...
Member Since Oct 31, 2013   98 posts
Aug 17, 2014 at 08:17

people should avoid scammer like you
TheFX4You posted:
vinabao posted:
TheFX4You posted:
Not everyone 😉
No exception .
Any one without 1 year proof with good broker than they are scammer .
no exception .
Must have atleast 1 years proof .Otherwise keep your mouth shut .

I would never publish my main account online.
Do you know something about envy?

Those, who know me in real life, especially, those who have invested into my funds knows a lot about me and our companies financial status.

But you won't understand.
Better prove something for your self, earn your first million and then you will become serious.
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.