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is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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MyFxTrader

Member Since Dec 31, 2013  170 posts MyFxTrader Dec 26 2014 at 09:40 (edited Dec 26 2014 at 09:57 )
BluePanther posted:
myfirstmillion posted:
https://www.myfxbook.com/members/MyFxTrader/pft/1099879
58% DD in less than 1 month...Too risky grid system, you can see many gold positions open at the moment with 20% DD.


You have a valid point there. But some may argue that you gotta take considerable risk if you want to make over 11% per day.

Personally, I agree with you - I have seen massive gains with lower (safer) drawdowns.


This account serves to answer the question posted in this thread, which was the very reason why the thread was created in the first place. The task [$100 to $1000] was completed in this account within a couple of weeks, rendering us the verdict. However, the account was supposed to run for 4 weeks and today would be the final trading day. Let's see the final status when the market closes by the end of the day.

Whilst a few of us would put some real cash to prove the case, others would choose to stand by the sidelines looking to hurl critiques on every opportunity they get. As the saying goes, 'Some would do the walking and many would do the talking'. This is undoubtedly the quintessence of life. Ain't it pulchritudinous?


BluePanther

Member Since Jan 25, 2010  1070 posts Matt (BluePanther) Dec 26 2014 at 10:14 (edited Dec 26 2014 at 10:29 )
MyFxTrader posted: This account serves to answer the question posted in this thread, which was the very reason why the thread was created in the first place. The task [$100 to $1000] was completed in this account within a couple of weeks, rendering us the verdict. However, the account was supposed to run for 4 weeks and today would be the final trading day. Let's see the final status when the market closes by the end of the day.

Whilst a few of us would put some real cash to prove the case, others would choose to stand by the sidelines looking to hurl critiques on every opportunity they get. As the saying goes, 'Some would do the walking and many would do the talking'. This is undoubtedly the quintessence of life. Ain't it pulchritudinous?


I think many have already proven this is possible. It is pointless proving an already proven point.

What we should really be asking is: 'Is it possible to make 1000% monthly return on a consistent basis?'

I have yet to witness someone prove this point.

And further to that, I have yet to see someone automate a strategy to meet this challenge. This is no easy task...

In the words of a late American President: 'We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.' - POTUS John F Kennedy

What separates those who go under and those who rise above adversity is the strength of their will and their hunger for power`````` 50 Cent (US rapper) [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅] ⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆
MyFxTrader

Member Since Dec 31, 2013  170 posts MyFxTrader Dec 26 2014 at 10:55 (edited Dec 26 2014 at 10:57 )
BluePanther posted:
MyFxTrader posted: This account serves to answer the question posted in this thread, which was the very reason why the thread was created in the first place. The task [$100 to $1000] was completed in this account within a couple of weeks, rendering us the verdict. However, the account was supposed to run for 4 weeks and today would be the final trading day. Let's see the final status when the market closes by the end of the day.

Whilst a few of us would put some real cash to prove the case, others would choose to stand by the sidelines looking to hurl critiques on every opportunity they get. As the saying goes, 'Some would do the walking and many would do the talking'. This is undoubtedly the quintessence of life. Ain't it pulchritudinous?


I think many have already proven this is possible. It is pointless proving an already proven point.

What we should really be asking is: 'Is it possible to make 1000% monthly return on a consistent basis?'

I have yet to witness someone prove this point.

And further to that, I have yet to see someone automate a strategy to meet this challenge. This is no easy task...

In the words of a late American President: 'We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.' - POTUS John F Kennedy



Many? Pardon my ignorance. Apart from BoneTrader who did it in exactly a month before losing it all after that; I have not seen anyone doing it specifically here on this thread. Could you point to me another account which did that? I've tried to find one in this thread but couldn't, which was the reason that prompted me to create one on my own. I may have wasted my time posting the account here if your claim is right. It is indeed pointless proving an already proven point.

BluePanther

Member Since Jan 25, 2010  1070 posts Matt (BluePanther) Dec 26 2014 at 11:42 (edited Dec 26 2014 at 11:57 )
MyFxTrader posted:
Many? Pardon my ignorance. Apart from BoneTrader who did it in exactly a month before losing it all after that; I have not seen anyone doing it specifically here on this thread. Could you point to me another account which did that? I've tried to find one in this thread but couldn't, which was the reason that prompted me to create one on my own. I may have wasted my time posting the account here if your claim is right. It is indeed pointless proving an already proven point.


I thought you might ask for evidence - and fair enough, surely others would ask the same question. But surely I have seen it more than once (as surely as you find many 'scam' brokers who allow this), and not necessarily here but on other system pages, and many have been either removed or 'privated'.

My point is: this thread's question has been answered (either by BoneTrader, Ekscalping, yourself, or others). Let us go beyond this first question and ask another question:
1. Can this be achieved on a consistent basis over an extended period?
2. Can an automated strategy be proven to achieve same?
3. And would any broker permit such regular success?

Don't get me wrong: your input is valued and very much appreciated. But let's try to move the discussion forward?

Thank you for sharing your system!

What separates those who go under and those who rise above adversity is the strength of their will and their hunger for power`````` 50 Cent (US rapper) [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅] ⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆
myfirstmillion

Member Since Dec 08, 2014  61 posts Top Performer (myfirstmillion) Dec 26 2014 at 16:00
If you look at the first account on forexpeacearmy you can see the same things.
All of them makes very high return on the first month, in order to reach a very high weekly return and to stay in the first positions of the rank. After this 'lucky' period, they reduce money management to avoid any problems. In this way they can stay in the first positions for many months with every EA.
There is a market in forex that sell account with 1000% in 4 weeks. Yes, if you want to buy an account with 1000% profit you can do it. The only reason to do that is to show very good performance that are not real to sell an expert advisor.

if something works don't change it
BluePanther

Member Since Jan 25, 2010  1070 posts Matt (BluePanther) Dec 26 2014 at 17:03
myfirstmillion posted:
If you look at the first account on forexpeacearmy you can see the same things.
All of them makes very high return on the first month, in order to reach a very high weekly return and to stay in the first positions of the rank. After this 'lucky' period, they reduce money management to avoid any problems. In this way they can stay in the first positions for many months with every EA.
There is a market in forex that sell account with 1000% in 4 weeks. Yes, if you want to buy an account with 1000% profit you can do it. The only reason to do that is to show very good performance that are not real to sell an expert advisor.


Yes, thank you for validating my statement (glad to know I'm not totally insane). You may not find 'many' systems provided here in answer to this thread, but you will find many systems 'out there' that promote such 'extreme' ROI.


The 'real' questions are:
1. Can this be achieved on a consistent basis over an extended period?
2. Can an automated strategy be proven to achieve same?
3. And would any broker permit such regular success?

The verdict is out on this one.

What separates those who go under and those who rise above adversity is the strength of their will and their hunger for power`````` 50 Cent (US rapper) [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅] ⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆
BoneTrader

Member Since Oct 27, 2012  35 posts BoneTrader Dec 27 2014 at 21:20
https://en.wikipedia.org/wiki/Dan_Zanger

It might be interesting for all of you. If there is any goal, then this is the highest one, to beat Dan's score. Anyone want to challenge him? :)

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
myfirstmillion

Member Since Dec 08, 2014  61 posts Top Performer (myfirstmillion) Dec 27 2014 at 21:21
Another things is that performance is calculated on the first deposit, while DD refers to actual balance.
If you deposit 100$ and go to 1.000$ your profit is 1.000%
If you go to 1.100$ your profit is 1.100% (+100%), but you did "only" 10% from 1.000$ to 1.100$.

If you start from 100$ and your DD is 10$ your DD is 10%. When you reach 1.000$ you can do a DD of 100$ and your DD is still 10%.

This fact make you look at the profit in the wrong way. I suggest to look ALWAYS at monthly profit.

I wisk this account https://www.myfxbook.com/members/MyFxTrader/pft/1099879 the best things, but it's impossible that he will do the same performance in january, i mean 1.600%. Maybe he could do 100% and you will se a total profit of 3.200%, but in order to to in january the same results of december he should get 1.700$*1700/100=28.900$. this is impossible and if he will do in january i will leave myfxbook forever!

if something works don't change it
Professor53

Member Since Dec 15, 2010  795 posts Professor53 Dec 30 2014 at 05:37
Scottys EA is free and he also provides signals. You can download and back test his EA and be a beta tester for the demo. There,s also mention of a broker that allows micro trades, hedging for USA folks.


Not advertising, but he does provide

  a free EA. https://www.fxroguewave.com

He also has a small number of real accounts posted here on myfxbook. Its a martingale type trading a small account on 8 pairs 5 minute charts.



 

Click on my Name to see My Live Charts and Bio.
moerwadi

Member Since Aug 03, 2012  271 posts moerwadi (moerwadi) Dec 30 2014 at 16:42
almost same with my EA sometime hedging sometime no hedging .....happy new year 2015 all.........and happy trading

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