Do you think you can turn $200 into $400 in six weeks?

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.

Good luck :)

Yes and no. That sounds like gambling to me. Yes you could do it or you could also loss most of your money trying.

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.

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.

TheLastBear posted:
I am wondering how many of you think they can turn $200 into $400 in six weeks? How would go about doing that?

i can turn in less than 1 day.

rajenashara22 posted:
I can turn $200 into $400 in one week with my EA

what ea do u use?

I've turned 200 into 600 in six days using a combination of short and long term strategies, but keep in mind don't play hero when the markets are slow that's how I lost all my money when I was new.

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?

Im a heavy grid trader with martingale....

Its Possible even with a low risk when the market runs good.

But you will get slow times.... this month were slow for me.

@GremlinCCS

This month was slow for everybody, lowest volatility in 7 years there for a week or so.

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.

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.

ANy one using the pyramid stacking type of trading?

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 turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495

Impress us.

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!!