Mar 05 2019 at 14:39
demixe posted:Just publish it here on MFB then...
Yes, is possible gain 15-20% every month and even more, but many factors contribute to this success.
Mar 05 2019 at 15:24
I would love to see a verified account with 15% a month and proper money management. I have seen accounts make 100% a month but they use huge lot sizes and have no concern for risk.
Mar 10 2019 at 06:47
I would love to know how its possible to do this......
I'd also be interested in seeing this
Mar 12 2019 at 07:38
tracydavison posted:
I would love to know how its possible to do this......
There is no evidence of such account here on MFB.
IMHO such account has not risk management and end up in loss
It is definitely possible. ask him to show you the long term trade result.
OK, so there are a lot of people say that it is possible. Can someone please explains (in detail) the strategy of HOW you can make 15% - 20 % per month. That is what everyone really wants to know.
Apr 01 2019 at 10:22
togr posted:tracydavison posted:
I would love to know how its possible to do this......
There is no evidence of such account here on MFB.
IMHO such account has not risk management and end up in loss
ok cool thanks for the advice :)
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
Apr 02 2019 at 06:00
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
Numerous trades on 1m timeframe would lead to disaster soon or later.
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money
Muscat posted:
OK, so there are a lot of people say that it is possible. Can someone please explains (in detail) the strategy of HOW you can make 15% - 20 % per month. That is what everyone really wants to know.
I think it is possible manually by staying attached to the screen all the time. Trader sits, and hunts for moves (preferably shorts) in 1H time frame, and bases his actions on that. Currecy pairs in question would be those with lowest spreads, most likely EURUSD or not so often USDJPY.
This allows no other life, family or work. All the time outside of the bed should be scheduled to trading. Then it would be possible.
I was able to stand this for 3 mo's.
I don't know about programming EA's.
Apr 02 2019 at 07:09
niceGLer posted:Muscat posted:
OK, so there are a lot of people say that it is possible. Can someone please explains (in detail) the strategy of HOW you can make 15% - 20 % per month. That is what everyone really wants to know.
I think it is possible manually by staying attached to the screen all the time. Trader sits, and hunts for moves (preferably shorts) in 1H time frame, and bases his actions on that. Currecy pairs in question would be those with lowest spreads, most likely EURUSD or not so often USDJPY.
This allows no other life, family or work. All the time outside of the bed should be scheduled to trading. Then it would be possible.
I was able to stand this for 3 mo's.
I don't know about programming EA's.
Why don't you share your account with such great results?
Korich posted:Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money
use an ECN broker and avoid brokers with dealing desks, use VPS with fast connection to the broker's server, avoid trading when spread is high
Which ECN broker do you recommend? I looked into some brokers but the commissions were so high that it was better to trade with a dealing desk broker with 1 pips spread
togr posted:Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
Numerous trades on 1m timeframe would lead to disaster soon or later.
You are completely right. I need to clarify myself: I meant numerous trades throughout the day, but just one trade at a time.
Amadi posted:
Which ECN broker do you recommend? I looked into some brokers but the commissions were so high that it was better to trade with a dealing desk broker with 1 pips spread
I do not want to recommend, but I can say I've been working with IC Markets for the last 3 months. Find them good for now. But 3 months is a very short period to judge... I haven't had withdrawal request with them i.e. can't judge about it either...
Their commission equates to 0.00007 for a round-turn (less than 1 pip) and if you use a service like PayBackFX you get a cash-back of 0.00002. Effectively your round-turn commission becomes 0.5 pips.
😀😀😀
i trade to make money not to be right
Korich posted:Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!
I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.
If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money
no way you will achieve that with a algo ritme
the only algoritmes that works are the market makers theirs en they
are conected with the direct intrabank data net .
they even dont use fiber cable because to slow transfer of data
en we are connected to a broker ;
en they are then connected to the market makers
so you understand that there is some transfer losses are
the problem with ea is the broker adjust his slipage is data speed etc all to disturb your expert
en that is easy to do .
or even refuse your withdrawings .
i know peoples like it easy .
but in trading nothing going to happend if you are lazy .
i trade to make money not to be right
possible but for a short period of time and exposing yourself to a high risk of losing it all
