PAMM system with minimum 100% profit/month (By goliat1980)
The user has deleted this system.
PAMM system with minimum 100% profit/month Discussion
May 20, 2011 at 15:55
goliat1980 posted:
make 50% profit from 5 may 2011
it doesn't matter ...
your goal is to reach the equity level of 594.05 .... this is your 0% or BE point
then after you add another 300 we can talk about 50% profit that you would have made
Member Since Feb 16, 2010
1332 posts
May 20, 2011 at 15:55
(edited May 20, 2011 at 15:57)
tapachula posted:
Im happy with 3-5% month
3-5%/month is a perfect result in the longterm. Largest hedge funds and money managers are struggling to generate 30-40% per year. Of course they can do better but their number one GOAL is to keep the DD as low as possible. Most of the investors are happy if the profit is slightly higher than the interest rates but if there's higher risk involved they would certainly prefer a bank deposit.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
May 20, 2011 at 17:25
forexma posted:
3-5%/month is a perfect result in the longterm. Largest hedge funds and money managers are struggling to generate 30-40% per year. Of course they can do better but their number one GOAL is to keep the DD as low as possible. Most of the investors are happy if the profit is slightly higher than the interest rates but if there's higher risk involved they would certainly prefer a bank deposit.
While more you have, the less percentage of profit is needed.
Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
May 28, 2011 at 16:08
Once bitten, twice shy, is a good way of position sizing, you see this crazy Yuro, up and down, 1000 pips move this last month ... good luck. 😉
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Jan 14, 2010
2299 posts
May 28, 2011 at 18:18
Yep, consistency is a key. To be alive and kicking those 3-5% monthly for 1-2 years is a show of skill.
Pamm guy has problem with cutting losses. It is no good.
Pamm guy has problem with cutting losses. It is no good.
forexma posted:
goliat1980 posted:
make 50% profit from 5 may 2011
Look goliat,
50% in 15 days is close to nothing. If you're able to make 5%/month for two years that's a different story. People who make hundreds or thousands % gain/month come and go all the time. The real goal in forex is stability, persistency and consistency. My personal goal is to generate 5-10% per month and keep the max. DD below the average monthly gain.
Member Since Jan 14, 2010
2299 posts
May 28, 2011 at 18:21
I wonder why not to close position at loss once wrong and short the bastard.
It is pretty obvious once certain levels/ trend lines broken higher highs patterns broken that things changed. so, why to let this lump on the back grow. I have no idea. Generally it is a newbie decease and one who aspires to trade OPM should be able to cut any trade gone wrong like nothing.
It is pretty obvious once certain levels/ trend lines broken higher highs patterns broken that things changed. so, why to let this lump on the back grow. I have no idea. Generally it is a newbie decease and one who aspires to trade OPM should be able to cut any trade gone wrong like nothing.
speki posted:
Once bitten, twice shy, is a good way of position sizing, you see this crazy Yuro, up and down, 1000 pips move this last month ... good luck. 😉
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