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

Sorry to disappoint you princess. Nothing to show. No egg on my face. I win some, I loose some. I trade my own methods and see posting results here as very counter productive. I don't want your or anybody else's input, critique or praise. I don't pretend I am what I am not.

But since you chose to do exactly the opposite you should at least stop pretending to be what you are not. When you stop letting you're ego run your accounts you might even become a decent trader.

At the moment you're just another source of entertainment.

From another thread where you are sharing your deep wisdom and knowledge of the markets.

'It is as if we are trying to impress our fellow traders then actually turning profit.'

Your words buddy! Very poor grammar but in your own uneducated way you answered your own question.

'In a few I will take the time to breakdown your trades (both winners and losers) by posting them here. You will notice that even your winners for your latest system '3ways - low risk' has a very very very high 'pip-drawdown' you close your position for profit, but you spent most of your time in RED. You might think ... bla bla bla.'

Ever think about spending some time breaking down your own trades and figuring out what's going wrong? You audacious up start. you have accounts that look like a train wreck and yet you feel the need to analyse and critique other people without even understanding their methods.

You have NOTHING to offer.

 

Silverthorn posted:
Sorry to disappoint you princess. Nothing to show. No egg on my face. I win some, I loose some. I trade my own methods and see posting results here as very counter productive. I don't want your or anybody else's input, critique or praise. I don't pretend I am what I am not.

But since you chose to do exactly the opposite you should at least stop pretending to be what you are not. When you stop letting you're ego run your accounts you might even become a decent trader.

At the moment you're just another source of entertainment.

From another thread where you are sharing your deep wisdom and knowledge of the markets.

'It is as if we are trying to impress our fellow traders then actually turning profit.'

Your words buddy! Very poor grammar but in your own uneducated way you answered your own question.

 Very poor grammar you say huh? Try running spell check before you click send. On another note I am glad you find me entertaining. At least you can laugh after getting spanked by the market. lmaooooooooooooooo.... So you seem to be prone to being emotional when you trade for the simple fact that people are watching you huh? Looks like you are princess of the bunch, and not I. Not to worry I will be sure to buy you some MAC lip gloss so you can make yourself appear pretty even when you lose (Yes it is spelled 'lose' and not 'loose' as you typed in your last post). lmaoooooooooooooooooooooooooooooooooo

Spelling ? Is that all you've got....... Spelling and juvenile retorts.

Try harder. You're not doing so well here.

See if you can stay on subject. I know you can do it. So far you've got nothing.

To answer the only part of your previous post that made any sense.
Yes I am prone to emotional distractions in my trading if I allow it to influence me. I did say that genius. Yes I am prone to distraction if I allow the opinions of others to influence me.

I openly state and admit that. No shame there.

What's your point?

What I don't do is run around beating my chest about how great I am and offering others crap advice in an attempt to bolster my fragile ego. You might give it a try.

Silverthorn posted:
Spelling ? Is that all you've got....... Spelling and juvenile retorts.

Try harder. You're not doing so well here.

See if you can stay on subject. I know you can do it. So far you've got nothing.

To answer the only part of your previous post that made any sense.
Yes I am prone to emotional distractions in my trading if I allow it to influence me. I did say that genius. Yes I am prone to distraction if I allow the opinions of others to influence me.

I openly state and admit that. No shame there.

What's your point?

What I don't do is run around beating my chest about how great I am and offering others crap advice in an attempt to bolster my fragile ego. You might give it a try.

 The person's ego who is fragile would be yours, as you are the one who can get 'emotional' by what perfect strangers says about your position. LMAOOOOOOOOOOOOOOOOOO........... Do you need a hug? Do you need someone to be your emotional coach? If so try withdrawing from your DEMO account and paying a psychologist to teach you that 'It doesn't matter what anyone says'. Your such a noob cake for saying what you did. Type less and chart more you DEMO queen.

Still nothing of substance. Again I ask, is that all you've got? Juvenile attacks with no substance. This is like attempting to have a serious discussion with a 3 year old. Read carefully and try hard to comprehend before spraying the forum with your incoherent crap.

Please stay on topic with the original comment of mine about you being OWNED by ArditFX.

He has updated his account, you have chosen to respond with insults and childish banter. I have acknowledged that I (like all traders) can be distracted by outside influences if I allow them to. Not really much more to discuss there.

I'll even throw in a spilling mistake to keep you amused.

But the fact still remains. You have not got anything to offer or show and have no substance.

Since you're so big on showing accounts, how about you update yours?

Silverthorn posted:
Still nothing of substance. Again I ask, is that all you've got? Juvenile attacks with no substance. This is like attempting to have a serious discussion with a 3 year old. Read carefully and try hard to comprehend before spraying the forum with your incoherent crap.

Please stay on topic with the original comment of mine about you being OWNED by ArditFX.

He has updated his account, you have chosen to respond with insults and childish banter. I have acknowledged that I (like all traders) can be distracted by outside influences if I allow them to. Not really much more to discuss there.

I'll even throw in a spilling mistake to keep you amused.

But the fact still remains. You have not got anything to offer or show and have no substance.

Since you're so big on showing accounts, how about you update yours?

     My accounts are all updated. Phoenix Capital Management is our main account, which has more free capital then you have in your demo account. You seem to want to keep chatting with this 3 year old which makes you what? Why not upload an account, and stop trying to pick up guys on the internet you sick queer. I am not sure what a 'spilling mistake' is but since you seem to not be able to spell I'll just ignore your comments until you load an account...... So I guess this will be the last message you will ever see from me queer boy. Keep following my accounts as that is what trolls like yourself do.

P.S. I can careless what anyone has to say about my trading or any of my accounts. I unlike ArditFX don't stop updating my account once I get spanked. It is clear to see he has done it again.... I in no way change my style of trading based on the amount of people who are watching or commenting on my system. So before you generalize every trader, try to keep it on the 'I' ok queer trader. Maybe then you will be able to actually profit from forex.

Sorry but making $4570.19 in withdrawals since December 2012 on an account with an equity curve like a nightmare and a draw down of 85% is not something I'd be trying to pull as my trump card. It's a toy account not a 'Capital Management' account. Pocket change is not capital buddy, it's just pocket change. Stop kidding yourself and wake up to reality.

You don't seriously attempt to live off that do you?

BTW. I'm not gay or queer but I'm not homophobic and am not at all insulted by your implication that I am gay. I thought that type of behaviour was a thing of the past? You on the other hand are a narrow minded, opinionated, discriminatory, juvenile wanabe. Would it help if I tell you my race and religion to so you can attempt to attack me there as well?

You keep failing again and again yet you keep coming back for more.

Tenacious little critter aren't you.

You may also try to look deeper. You have been influenced by the comments of others and your foolish actions and reactions to them. You opened Scalping_Kiwa's_Way with the hope of gaining admiration and praise from other traders. This caused you to put far more at risk than you should have and blow up your account.

Your ignorant and in denial buddy. And you are NOT a real trader. You're just an upstart with a few bucks in a crap system and your head up your ass. You've had some good luck and some bad but all up you're just another show pony doomed to failure.

BTW. I missed where ArditFX got spanked?? His account IS up to date??? And again you're speaking crap!!

This thread has long since past the point of being on topic and turned into a situation of pointless posturing and useless rhetoric... 😲

The original post for this thread said the following.

TheLastBear posted:
I am wondering how many of you think they can turn $200 into $400 in six weeks? How would go about doing that?

Turning $200.00 into $400.00 in six weeks is not that hard providing you are able to follow some basic rules of trading, and use a winning strategy.

Yesterday (April 16th, 2014) I created a new account to use for an example in this thread.

Here is the page for it.

https://www.myfxbook.com/members/CodeMonkey/codemonkey/895003

And yes, I know the original topic said $200.00 into $400.00, however, when I created the demo account I did so with $250.00.

Therefore I will turn $250.00 into $500.00.

The currency pairs being traded are the 7 Majors only.
EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, USDCHF, USDJPY

The account is going to be traded 4 trading days per week.
Monday, Tuesday, Wednesday, Thursday.

The strategy being used for this example is a basic trend following method.
If the market is moving up, we're going to buy.
If the market is moving down, we're going to sell.

Here are the basic stats for the account at this moment.
Gain:+7.69%
Abs. Gain: +7.65%
Daily: 7.69%
Monthly: 215.13%
Drawdown: 9.00%
Balance: $270.72
Equity:(100.04%) $270.83
Highest: (Apr 17) $270.72
Profit: $19.25
Interest: -$0.31
Deposits: $250.00
Withdrawals: $0.00

As we're about to move into the Friday trading day,so I won't be opening any new trades tomorrow.
Trading on the account will resume on the Monday trading day.

Have a very nice weekend.

And before someone mentions the fact that I am using a demo account for this example, don't bother, because I clearly stated I created the demo for this discussion thread.

This thread isn't about live vs demo, it's about doubling a small account in 6 weeks or less.

Live account or Demo account is irrelevant in this instance.

Master_Kiwa posted:
P.S. I can careless what anyone has to say about my trading or any of my accounts. I unlike ArditFX don't stop updating my account once I get spanked. It is clear to see he has done it again....

Master Kiwa you are full of crap. ArditFx updated hi account upon you request then he requested from you to update your account. He said: 'I made your dream come true, now it is your turn to update your account'.

Clearly you are in big trouble and that is why you don't update your accounts. Let's face it, no one shares your delusion.

ArditFX 2 - Master Kiwa 0.

Let's get back to the main topic:

My new EA is ready: If I turn $500 to $1000 in 2 weeks on demo, so I Go live and I promise my account will be updated real time : )

CrazyTrader posted:
Let's get back to the main topic:

My new EA is ready: If I turn $500 to $1000 in 2 weeks on demo, so I Go live and I promise my account will be updated real time : )

Go you good thing!!! Now here's a real trader! Nice to see an equity curve that sits ABOVE the account balance!!

Why do it in demo? Why not do it in live? One tends to trade differently in demo then they do in live.

Master_Kiwa posted:
 Why do it in demo? Why not do it in live? One tends to trade differently in demo then they do in live.

1 week demo... also to check for any bugs.

Yep. Demo first if its a new plan or EA. Once in profit then you can go live...

CrazyTrader posted:

Master_Kiwa posted:
 Why do it in demo? Why not do it in live? One tends to trade differently in demo then they do in live.

1 week demo... also to check for any bugs.

 Agreed..... Well someone one brought up a good point about these threads getting out of hand. Well let's start a new... Everyone link their accounts starting next week, and let us see who can reach 100% profit first. What do you say?

I like challenge.

Only one rule to respect:
Update the account otherwise, trader is disqualified : )

I like that rule Crazytrader.... :p So we start tuesday right before London opens. Whats the prize for the winner?

You can turn 200$ into 400$ during only one news, so there is no any difficulties, however you can turn your 200$ into 0 as well=)