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

Jul 30, 2012 at 11:35
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1,641 Replies
Member Since Nov 21, 2011   1718 posts
Jul 17, 2014 at 10:02
That's great
Member Since Aug 19, 2013   182 posts
Jul 17, 2014 at 11:53 (edited Jul 17, 2014 at 11:55)
I just don't know if I'll be able trade another pip without the guidance of the Master.

Oh wait.... no that's not right. I actually want to have PROFITABLE accounts.

So I guess I'm left to trade without him...... 😎


https://www.myfxbook.com/members/CodeMonkey/codemonkey-live/972482






All the drawdown was from one day, when I forgot to set the breakeven stoploss levels.

You can see what my DD was before and after that day.

I do admit that I got lucky, as it could have ended badly.

The trades recovered very quickly however, and the day was finished out in a good profit.

No harm done to the account, and I'll certainly not allow that to happen again.

All things considered, it was a pretty good week of trading.




Viva La Puerto Rico!
Member Since Aug 19, 2013   182 posts
Jul 17, 2014 at 14:05
Well Im finished trading for the week. So I'm setting the page to private. I figure if the 'Master' shows back up, he'll need something to complain about. :)

See you all Monday! 😎
Viva La Puerto Rico!
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jul 17, 2014 at 17:13
He'll complain even if you make 1 billion in a single day.
Member Since Mar 31, 2014   12 posts
Jul 18, 2014 at 07:18
I can turn $200 into $400 in six week with my EA, I think many people do better than me
https://www.myfxbook.com/members/ongtho/ongtho/938029
Member Since Jan 29, 2014   5 posts
Jul 19, 2014 at 11:48
I'm gearing up to participate in our $1M challenge in Sept. We're starting with $500 and intend on growing that to $1M in 40 weeks! No EA. This will be manual trading. One of our accounts is listed here on Myfxbook... started in May this year as of today were up 140%.
It's a Marathon ... NOT a Sprint
Member Since Jan 01, 2013   126 posts
Jul 19, 2014 at 13:23
IDMG posted:
I'm gearing up to participate in our $1M challenge in Sept. We're starting with $500 and intend on growing that to $1M in 40 weeks! No EA. This will be manual trading. One of our accounts is listed here on Myfxbook... started in May this year as of today were up 140%.

Please show us the account.
Member Since Jun 07, 2011   372 posts
Jul 19, 2014 at 23:02
Like to see people are discussing with more calm
Member Since Dec 15, 2010   795 posts
Jul 19, 2014 at 23:46
IDMG posted:
I'm gearing up to participate in our $1M challenge in Sept. We're starting with $500 and intend on growing that to $1M in 40 weeks! No EA. This will be manual trading. One of our accounts is listed here on Myfxbook... started in May this year as of today were up 140%.

OK, lets see.... Many have tryed, non have completed a project like this on a real account. We will follow.

Garry
aka
P53
Click on my Name to see My Live Charts and Bio.
MyFxTrader
forex_trader_169857
Member Since Dec 31, 2013   170 posts
Jul 20, 2014 at 06:10
dchara01 posted:
IDMG posted:
I'm gearing up to participate in our $1M challenge in Sept. We're starting with $500 and intend on growing that to $1M in 40 weeks! No EA. This will be manual trading. One of our accounts is listed here on Myfxbook... started in May this year as of today were up 140%.

Please show us the account.


www.myfxbook.com/members/ApexRevenueLLC/gold/920983
Member Since Jan 22, 2014   20 posts
Jul 20, 2014 at 06:12
$500 initial deposit, $2352 profit in 3 months.

https://www.myfxbook.com/members/realreason/max-risk/904081
skype ID:realreasonDY
Member Since Jan 29, 2014   5 posts
Jul 20, 2014 at 09:53
realreason posted:
$500 initial deposit, $2352 profit in 3 months.

https://www.myfxbook.com/members/realreason/max-risk/904081

That looks great! Congrats! Nice and steady up the hill... :)
It's a Marathon ... NOT a Sprint
Member Since Nov 21, 2011   1718 posts
Jul 21, 2014 at 23:18
In memory of the fx noob MK:

0,0 Pip Drawdown has been achieved yesterday:



Attachments:

Member Since Aug 19, 2013   182 posts
Jul 23, 2014 at 01:25 (edited Jul 23, 2014 at 01:26)
It would probably be at this point when Amber_Kiwa would say that your 'pip drawdown' is too low. 😁
Viva La Puerto Rico!
Member Since Aug 19, 2013   182 posts
Jul 23, 2014 at 01:30
However on another subject...

I transferred my account from a variable spread to an ECN lower spread account today.
The variable spread account had a much higher spread than the ECN account I now have.

https://www.myfxbook.com/members/CodeMonkey/codemonkey-ecn/979915

I haven't traded on it yet, but I thought I might post up the link in case anyone is interested in it.

It's a new week. :)
Viva La Puerto Rico!
Member Since Nov 21, 2011   1718 posts
Jul 23, 2014 at 01:47
Lol,

I see you were also fighting on broker's review with MK:
https://www.myfxbook.com/reviews/brokers/traders-way/196412,1#?pt=2&p=3&o=196412

Will you use your scalping EA on that broker?

1 guy said that pending orders may get large slippage...
Member Since Aug 19, 2013   182 posts
Jul 23, 2014 at 01:54
CrazyTrader posted:
I see you were also fighting on broker's review with MK: .......

Yes he stalked me over to the brokers review and started being his typical amber_kiwa self.

Yes I will be running my scalper in conservative mode for a few weeks until it gets optimized and trained for the conditions of the new account. Overall it's a pretty good bot. I'm pretty happy with it.

Viva La Puerto Rico!
Member Since Aug 19, 2013   182 posts
Jul 23, 2014 at 02:00
I checked the post you were referring to:

CopperCM posted:
The pricing as been great and the features of cTrader but I have had two different issues with being grossly miss-priced and filled. The first was 18 pips on a slow moving pair which they fixed and the second was being filled 38 pips and 75 pips away from the price my US broker had at the same time. .....................

I've heard from other people regarding that as well.
cTrader is different platform that what I currently run.
And I've read some additional posts on other forums where people were having similar problems.

It uses different servers from MT4.
Viva La Puerto Rico!
Member Since Nov 21, 2011   1718 posts
Jul 23, 2014 at 02:02
CodeMonkey posted:
 Overall it's a pretty good bot. I'm pretty happy with it.


Tell us more about your strategy... what is SL & TP used when you open trades?
Do you use trailing as soon as your order is positive.
Member Since Aug 19, 2013   182 posts
Jul 23, 2014 at 02:11
The current scalper bot works in general as follows:
Higher time frame determines the trend.
Lower time frame determines the trigger of when to enter.
If there is a minimum movement on the m1 candle, it enters in that direction.
Once it has moved 1 pip past break even, it trails it by a dynamic pip value based upon the volatility of the pair and market at the moment.
Viva La Puerto Rico!
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