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

qntdinh
Jun 12 2014 at 11:27
17 posts
Here guy,

Start with £200
grow 10% per week.
90 weeks later you have £1,062,604.52

keep drawdown less and 25% is good.


I started Example for you guys to follow.

QD Millionaire Project - started 10 Jun 2014

https://www.myfxbook.com/members/qntdinh/qd-millionaire/944535

Master_Kiwa
Jun 12 2014 at 11:58
402 posts
dchara01 posted:
I'm beginning to believe that you don't understand English ... otherwise you simply you don't understand the subject in general...

 I understand the subject very well. It appears that you seem to lack the ability of understanding. One doesn't have to risk 100% of his/her account to earn 100% profit. Due to the fact that you were able to scalp 100% in a week, the reality is you may of simply used a head or tails method of wagering. You can keep chasing the consistency ghost, but the reality is you have YET! to have an account active over 1 year. You can rationalize my trades by measuring success combined with luck, but until you actually you look at the trades, your simply being a pessimistic troll.

  

Focus on pip-drawdown
Master_Kiwa
Jun 12 2014 at 12:09
402 posts
dchara01 posted:
I didn't show my gambling account to see my results, I just proved you that by accepting 100% risk 100% return is possible, but it is UNSUSTAINABLE!!!

dchara01 posted:
As I said your trading is pure GAMBLING!!!


 One of the most important things one fails to point out, when someone says the other trader is gambling, would be the % of his account he/she is wagering. You simply say a person is gambling because he or she has a high draw down, or it's luck because he or she has a high yield return with a low draw down. The account which you posted, which claims to be your 'test' account to prove that 100% can not be reproduced over the long term, reveals one key thing. Your entries are HORRIBLE! It turned out to be luck because the position came back to you, but when you spend less then 5% of your time in profit, it says much about your trading. The beauty of myfxbook, is it shows us 'PIP-DRAWDOWN' which is the amount of pips you were in red before the position was closed.
have a look at your own stats. It is clear to see that you have no system. You are clearly trading heads or tails, or as swingers call it 'support and resistance'.

https://prntscr.com/3s2h9g

Focus on pip-drawdown
Master_Kiwa
Jun 12 2014 at 12:15
402 posts
My lord dchara01 All of your trades you were in profit less then 10% of the time in which the position was opened. It appears you are struggling with trading bias. You are clearly missing something my friend. I think you should stop trolling, and perhaps open several charts. I can assure you you'll find something interesting in them.

 Have a look at this guy.. Over 48,000% profit. :P
https://www.forexfactory.com/fxchallenger#14 You can't be lucky for 100 days in a row. lol

Focus on pip-drawdown
dchara01 (dchara01)
Jun 12 2014 at 12:36
126 posts
Master_Kiwa this is the reality of your account:




Attachments:


bewayopa
Jun 12 2014 at 14:12
372 posts
Master_Kiwa posted:
 Memo to the noobs. Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN. That's how you get high yields with low drawdown %. Simply spend less time in red! Swingers for the most part (which is analysed by the myfxbook system) calculates % of time in red, and green. Why would i want to leave 2% of my account, or any amount of money for that matter in red for more then 50% of the time. That's counter productive trading. If you look at the account which was liquidated. 585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.


 Please take the time to look at the system. How did you double the account 5 times without ever being in red more then 5% of your total account. Look at what matters. The trades... Not the basher who doesn't even have a real account.

Good post

Master_Kiwa
Jun 12 2014 at 14:18
402 posts
dchara01 posted:
Master_Kiwa this is the reality of your account:





 Wrong this is the reality of the account... Once I am requested to take over an account, that is when I begin calculating. So over 500% profit with 16% draw down.. It would appear over time my accuracy gets better and better. Unlike your trades which you allow to go 60 pips in red over 5 hours!


Attachments:


Focus on pip-drawdown
Master_Kiwa
Jun 12 2014 at 14:22
402 posts
bewayopa posted:
Master_Kiwa posted:
 Memo to the noobs. Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN. That's how you get high yields with low drawdown %. Simply spend less time in red! Swingers for the most part (which is analysed by the myfxbook system) calculates % of time in red, and green. Why would i want to leave 2% of my account, or any amount of money for that matter in red for more then 50% of the time. That's counter productive trading. If you look at the account which was liquidated. 585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.


 Please take the time to look at the system. How did you double the account 5 times without ever being in red more then 5% of your total account. Look at what matters. The trades... Not the basher who doesn't even have a real account.

Good post


 Thank you sir. I just hate how these swing trading experts only bash anyone who has better results then them. They say it's 'luck', or 'it can't be consistent' only because they aren't able to produce the same results. They justify everything with things they have copied and pasted from other website, but when it comes time to perform, they always seem to come short. They are the same ones still trying to predict the bottom of eur/usd! Bias will always cost us money. We become emotionally attached to our positions, instead of realizing that the market has a sweet spot. Those sweet spots give us high yield returns. Not waiting months or even weeks for your take profit to be triggered.

Focus on pip-drawdown
CrazyTrader (CrazyTrader)
Jun 12 2014 at 14:25
1718 posts
What is 'sweet spots'?

Give an example on chart please.

Let's this thread be constructive.

ahuruglica (ahuruglica)
Jun 12 2014 at 14:36
852 posts
I think I know what a 'sweet spot' is

;)

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