Share$25 to $25k in 10 days (by psymon) Estadísticas rápidas
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$25 to $25k in 10 days Discusión
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Miembro desde Mar 25, 2010 193 mensajes
Miguel (tapachula)
Apr 29 2011 at 18:23
You re right Horacio. i said 'like martingale' because the risk involved.
This is another classic 'millonarie project'. if you're lucky, you will enjoy the benefits, Regards Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;) |
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Miembro desde May 22, 2010 46 mensajes
horacioo
Apr 29 2011 at 18:41
i am supporting psymon becouse he seems to be doing it just for fun, kamikase style. Looks more like gambling on poker to me than a millionaire project.
this is just a skills test. not an investment contest, and not even an attempt of an investment strategy |
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Miembro desde Apr 01, 2011 61 mensajes
Psymon (psymon)
Apr 30 2011 at 01:15
hey guys, the way i see it there is no more or less risk than on the first trade? its a 25$ account, and if it mc then its only 25$.
the ability to make 25pips is not rocket science, i think that the perceived risk only starts when the amount of money increases. on a purely psychological level what i'm finding interesting is the level of anxiety vs volume traded. if i can block out the actual amount of money and keep my emotions in check i dont see why its not possible. Sure i agree that i would never trade my normal account in this way, but one of the reasons i tanked the real account thats on here is because i wouldn't let my trades run to tp. hopefully this challenge will force me to let my profits run and give me some more confience in my analytical skills. proving to my self with $25 that i can be right will give me more confidence in trading my normal account. also i love proving everyone who says it cant be done wrong.  I wouldnt quite say its poker, because here we have such a wide variety of tools to help traders decide where the price action is headed. understanding the economic climate and econ reports that come out as well as being able to read a chart should reduce the odds more than gambling ever could. its all down hill from here! |
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Miembro desde May 22, 2010 46 mensajes
horacioo
Apr 30 2011 at 03:09
Seen your account stats?
# Gain: +526.52% # Abs. Gain: +288.0% # Daily: 32.91% # Monthly: 979.82% # Drawdown: 0.00% LMAO  you probably already beat the stats of 80% of all the accounts published in this site. lol keep going PS: i would say that poker gives you better chances than winning 10 out of 10 trades for the most skilled trader on the planet. Anyways that is just my opinion. And don't get me wrong only a very good trader like you can bring this challenge to the table. PS2: in this case i d love being proved wrong by you. I think you deserve to prove me wrong about the mathematical improbability. |
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Miembro desde Apr 01, 2011 61 mensajes
Psymon (psymon)
Apr 30 2011 at 03:27
hehe
whats so good about the stats? any idea what they will look like at the end of next week? assuming i dont blow the account? lolz i really havent had time to look into all of the features here, thanks for the support. it means a lot that at least one person thinks the same way as me! its all down hill from here! |
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Miembro desde Apr 01, 2011 61 mensajes
Psymon (psymon)
Apr 30 2011 at 03:29
ps, hey i got some stars lolz
its all down hill from here! |
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Miembro desde Apr 01, 2011 61 mensajes
Psymon (psymon)
Apr 30 2011 at 04:01
Just had a read through some other trading systems, and i'll explain here what i'm doing.
as the title says $25 to $25,000. in 10 trades in 10 days. looking for medium strength breakouts on short time frames, the AUD/USD was the most volatile of the few pairs i could trade price action and candle stick patterns daily pivot points & stoch on 1h charts i'm using zig zag and trend lines for direction, on 5m & 15m charts stoch, zig zag & zup 20 for entry on 1min & 5min charts exit has to be 25pips any questions and i'll try to answer them. and later i'll get around to posting a screen shot of mt4 thx its all down hill from here! |
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Miembro desde Apr 11, 2011 202 mensajes
Splexin (Splexin)
May 02 2011 at 02:36
Hey great so far! Even $25 to $200 that quick is good in my book.
Any reason Track Record etc is not verified?? Everything should be as simple as it can be, but not simpler. |
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Miembro desde Apr 01, 2011 61 mensajes
Psymon (psymon)
May 02 2011 at 02:52
hi splexin, i dont know how to verify the track record or trading privlages? they were both ticked last week?
4 down 6 to go... its all down hill from here! |
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Miembro desde May 22, 2010 46 mensajes
horacioo
May 02 2011 at 03:10
hi psymon.
You should rename this thread to 'how to double your account in 8 minutes' Great trade #4 !!! Keep going!! |
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