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

Alex (alexlowrisk)
Aug 15 2014 at 14:07
80 Posts
The market any day is different, is trending or is ranging ? When you will have more experience in trading you will discover that the real issue is not be so lucky to double the money in a short time risking to lose everything. The good question is : How we can find a good fund or strategy that can be profitable in the LONG run with a really low risk? You have to think as an investor not a gambler, there are casino for that purpose. Invest in a good way is like run a marathon not a sprint.

Be an investor, not a gambler!
mariav
Sep 08 2014 at 11:41
115 Posts
I can turn $400 in $200 even in 6 hours 😭
Seriously I do not know is is possible or not, but only thing I know for sure - try to avoid those brokers who guarantee you that as well as paid-courses of trading.

The Beach House 3 (TheBeachHouse)
Sep 09 2014 at 06:44
25 Posts
Thats a good one.

mariav posted:
I can turn $400 in $200 even in 6 hours 😭
Seriously I do not know is is possible or not, but only thing I know for sure - try to avoid those brokers who guarantee you that as well as paid-courses of trading.

Kevin (IDMG)
Sep 09 2014 at 08:18
5 Posts
alexlowrisk posted:
The market any day is different, is trending or is ranging ? When you will have more experience in trading you will discover that the real issue is not be so lucky to double the money in a short time risking to lose everything. The good question is : How we can find a good fund or strategy that can be profitable in the LONG run with a really low risk? You have to think as an investor not a gambler, there are casino for that purpose. Invest in a good way is like run a marathon not a sprint.


??? Good advice! I'm learning more about the London Open Strategy. In fact watching it right now. It seems pretty consistent so far. I just need to recognize the chart patterns to better predict market direction. I'm going to try to learn and master one strategy and become consistent with that. Otherwise, one could get overwhelmed by all the 'Indicators, signals, etc.'

Happy Trading, :)

It's a Marathon ... NOT a Sprint
TheFX4You
Sep 09 2014 at 12:24
92 Posts

Well if you wrote some EA than you know that robot is consistent as it strictly follows defined rules.
On contrary manual trading is not as people do mistakes, have emotions or even sleep:)


True, it's proven to work...
Using such EA for my self too ;)

Stable 20% per month without manual intervention...
FxstayManaged (fxstaymanaged)
Sep 23 2014 at 09:18
63 Posts
topastop
Sep 24 2014 at 06:41
21 Posts
fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465


23,19% DrawDown.

No you can't.

FxstayManaged (fxstaymanaged)
Sep 24 2014 at 08:03
63 Posts
topastop posted:
fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465


23,19% DrawDown.

No you can't.


if you want to make money so you must risk and 23% dd is logical to gain %30 profit ..however I can change the risk level to decrease dd if any investor wants lower dd

topastop
Sep 27 2014 at 18:53
21 Posts
fxstaymanaged posted:
topastop posted:
fxstaymanaged posted:
I can do it by changing risk level of my strategy , check out mine : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465


23,19% DrawDown.

No you can't.


if you want to make money so you must risk and 23% dd is logical to gain %30 profit ..however I can change the risk level to decrease dd if any investor wants lower dd


Turning 200$ to 400$ in a period of 6 weeks requires a average week gain of about 16,5%.

Your average gain is 0,56% and so you would need to multiply your gains by over 29.
This means that you would need to multiply your DD by 29 as well.
Assuming your previsious DD, 23,19% (at the moment it is 41,28%), you would have a DD of 672% therefore blowing up your account.

FxstayManaged (fxstaymanaged)
Sep 27 2014 at 20:18
63 Posts
topastop posted:Turning 200$ to 400$ in a period of 6 weeks requires a average week gain of about 16,5%.

Your average gain is 0,56% and so you would need to multiply your gains by over 29.
This means that you would need to multiply your DD by 29 as well.
Assuming your previsious DD, 23,19% (at the moment it is 41,28%), you would have a DD of 672% therefore blowing up your account.

as I told before I can set any risk reward to the strategy

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