MyFxBook, who is a millionaire?
Member Since Aug 26, 2014
2 posts
Aug 27, 2014 at 10:29
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn
Aug 27, 2014 at 10:37
DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn
https://www.myfxbook.com/members/Kondakov/kondakov/161617
A trader can be an economist but an economist could never be a trader. They are too theoretical.
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Aug 27, 2014 at 10:58
rahiths posted:DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn
https://www.myfxbook.com/members/Kondakov/kondakov/161617
Russian broker, lol.
If you own a mt4 server you can publish anything you want too.
Member Since Aug 07, 2009
126 posts
Aug 27, 2014 at 16:22
rahiths posted:Scam:DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn
https://www.myfxbook.com/members/Kondakov/kondakov/161617
https://www.realscam.com/f8/mmcis-investments-mmcis-investments-com-2183/
https://forbes.ua/magazine/forbes/1342966-mmsis-istoriya-odnoj-piramidy
Managed and PAMM Accounts
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Aug 27, 2014 at 17:10
Member Since Dec 15, 2010
795 posts
Aug 28, 2014 at 00:44
Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.
Garry
Garry
Click on my Name to see My Live Charts and Bio.
Member Since Aug 26, 2014
25 posts
Aug 28, 2014 at 06:23
Does someday count? I promise to be one someday.😉
Be Relentless
Member Since Apr 30, 2013
55 posts
Aug 29, 2014 at 06:18
I'm sure you will Juham, good luck and dont forget that also you 1 day can look back and tell yourself, I'm so glad I didn't give up :-)
Member Since Apr 30, 2013
55 posts
Aug 29, 2014 at 06:24
Professor53 posted:
Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.
Garry
Totally agree, and also that each followup order on for exmaple gridstyle-trading should meet certain requirements as well. Ofrcourse 99% of those systems don't work or it takes to long to ever come back to a point of breakeven if lucky. They always work in the wrong way, they simply apply those tactics with only this requirement of having it x pips away from last order... so eventually you will have 10 open orders, and each 100 pips for example apart... My own grid systems are perfect and I believe one of the few systems in the world only, which is why it's something what will never be for sale as an EA... too scared people crack the code ;)
Regarding martingale... Imagine a real acocunt with 1:500 leverage on it, with a balance of $1,000,000 USD and start with first order only 0.01 lot on EURUSD.. I dont see any problem, with having this martingaled if next order is at least 200 pips away from previous order... only one downside, need to be able to have such amount which some dont have, as well as being patience, as sometimes it can take days, weeks or even a few months to get back at breakeven point (or profit)
Sep 06, 2014 at 11:42
rob559 posted:
this place is not for millionaire this is for wannabes'one
right, therefore I have just started my new proyect with the goal to let grow my account from 700 US to 1 million in 7 years.
If you are interested to know more, please get in touch by inbox.
Total Life Changes
forex_trader_139412
Member Since Jul 16, 2013
385 posts
Sep 20, 2014 at 11:37
Wannabe here..
Sep 21, 2014 at 06:48
If you know a successful strategy on which you are confident of making more than 80% monthly than look what mathematics says: You put $100 in an account, do not have emotional feelings attached with it and grow it according to your plan. You can make guess what $17,912,739.61 only trading for 24 months (2 years).
Practice makes a man perfect.
Member Since Jun 09, 2014
138 posts
Sep 22, 2014 at 07:01
18 million would be a fine amount :)
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Sep 23, 2014 at 06:52
umar707 posted:
If you know a successful strategy on which you are confident of making more than 80% monthly than look what mathematics says: You put $100 in an account, do not have emotional feelings attached with it and grow it according to your plan. You can make guess what $17,912,739.61 only trading for 24 months (2 years).
Yes that is assuming you have no losses. It urks me when people give such silly stats like that. Even if a person could trade WITHOUT emotions, the reality is if you compound (which is what your math entails) then you would have to never lose in order to obtain that amount in 24 months!
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