Can you consistently make a profit of USD2000 on a USD5000 account?
Membre depuis Jul 20, 2011
posts 3
Mar 19, 2013 at 10:39
Yes, you can make more than that if you understand how the banks trade and work your strategies to tag along when they move price. Here is a live account just launched to achieve some more aggressive trade goals that answers your question. Be warned, it takes a lot of experience (that means you made every mistake possible and learned) before you can manage the larger gains safely. This is not for newbies...
https://www.myfxbook.com/members/SimpleTraders/4-risk/512089
https://www.myfxbook.com/members/SimpleTraders/4-risk/512089
Mar 23, 2013 at 18:44
FxMasterGuru posted:
The mentioned strategy has LESS THAN A MONTH history!
The question again:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS (!) and with less than -25% max. DD...?
Anybody...???
Mine is close to 2 years with consistent performance of close to 5% but the drawdown was higher at one point of time.
https://www.myfxbook.com/members/dxnation/forexguru/508958
The reason for DD being higher was me withdrawing large portion of funds for some immediate use. The equity went down resulting in higher DD. But I am consistent enough and was not worried about losses.
Be among the very successful Forex Account Managers.
Mar 23, 2013 at 18:59
@chisha If you are playing safe you can make 5% profits per month which much risks and enjoy long term results. There might be some weeks where you will be making upto 20% and some where you make 2% but overall anywhere between 5%-10% on your investment is very good.
Large accounts how average of 5%-8% returns
Large accounts how average of 5%-8% returns
Be among the very successful Forex Account Managers.
Membre depuis Aug 07, 2012
posts 33
Mar 24, 2013 at 16:17
(édité Mar 24, 2013 at 16:20)
Bisho777 posted:
most traders saying the average is between 10-15% per month, am not convinced with that.... am aiming for 40% per month, n i could do it for the previous 2 months in row ;)
wish me luck for the third month :D
Sure. We can do it. Check my system Life long fx. Which is running with my own ea. Thank you.
https://www.myfxbook.com/members/pipgenerator/life-long-fx/518378
To become a good account manager.
Membre depuis Aug 07, 2012
posts 33
Mar 24, 2013 at 16:18
(édité Mar 24, 2013 at 16:20)
chisha posted:
Is it possible to make a consistent profit of USD1500-2000 every month trading USD5000 capital?
If you've been able to do that can you please share with us what methods you use?
Sure. Why not. Its possible. Check my system Life long fx which is running with my own automatic ea. See the results. Thank you.
https://www.myfxbook.com/members/pipgenerator/life-long-fx/518378
To become a good account manager.
Membre depuis May 30, 2012
posts 134
Apr 02, 2013 at 07:40
SimpleTraders posted:
Yes, you can make more than that if you understand how the banks trade and work your strategies to tag along when they move price. Here is a live account just launched to achieve some more aggressive trade goals that answers your question. Be warned, it takes a lot of experience (that means you made every mistake possible and learned) before you can manage the larger gains safely. This is not for newbies...
https://www.myfxbook.com/members/SimpleTraders/4-risk/512089
Less then 20 days later: - 40% abs gain.
results speak for themself?
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Apr 02, 2013 at 13:20
Pip Generator this is incredible stuff!! Tell me how long have you been trading and at which point did you become consistently profitable? did you learn forex trading on your own?
I want to become a master trader someday and with people like you proving that it's possible to make 40-50% returns in two months although very difficult but it's possible!!! share your knowledge oh wise one!!
I want to become a master trader someday and with people like you proving that it's possible to make 40-50% returns in two months although very difficult but it's possible!!! share your knowledge oh wise one!!
1.Make pips 2.Keep pips 3.Repeat 1 & 2
Membre depuis May 30, 2012
posts 134
Apr 02, 2013 at 21:13
pipgenerator posted:chisha posted:
Is it possible to make a consistent profit of USD1500-2000 every month trading USD5000 capital?
If you've been able to do that can you please share with us what methods you use?
Sure. Why not. Its possible. Check my system Life long fx which is running with my own automatic ea. See the results. Thank you.
https://www.myfxbook.com/members/pipgenerator/life-long-fx/518378
lol,
i see about +/- 80% diffrence between your balance and equity atm, not in the good kind, Sure it's al profit you're gambling now, but doing the growth with low DD, don't think so.
My gues is your system has a 1 out of 3 chance of crashing verry soon.
also you have double starting capital. not 5 k.
Try again, don't oversell your system unless you have the verified live history to back it up.
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Membre depuis May 30, 2012
posts 134
Apr 02, 2013 at 21:20
chisha posted:
Pip Generator this is incredible stuff!! Tell me how long have you been trading and at which point did you become consistently profitable? did you learn forex trading on your own?
I want to become a master trader someday and with people like you proving that it's possible to make 40-50% returns in two months although very difficult but it's possible!!! share your knowledge oh wise one!!
Too optimistic, I wouldn't describe the knowledge as wise,
It's a simple multicurrency grid trading stratigy.
anyone researching forex for some time can easily replicate this kind of stratigy.
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Membre depuis Jan 02, 2013
posts 3
Apr 02, 2013 at 21:20
https://www.myfxbook.com/members/GoldenGrail/gfi-conservative/499652
Multiply it by 4x and you will get 40% income with < 20% max dd. (Its managed account , link in profile)
Multiply it by 4x and you will get 40% income with < 20% max dd. (Its managed account , link in profile)
Membre depuis May 04, 2012
posts 1608
Apr 03, 2013 at 00:39
(édité Apr 03, 2013 at 00:40)
Financialarts posted:SimpleTraders posted:
Yes, you can make more than that if you understand how the banks trade and work your strategies to tag along when they move price. Here is a live account just launched to achieve some more aggressive trade goals that answers your question. Be warned, it takes a lot of experience (that means you made every mistake possible and learned) before you can manage the larger gains safely. This is not for newbies...
https://www.myfxbook.com/members/SimpleTraders/4-risk/512089
This is funny and tragic at once... (in view of the self gloryfying statements)
-76% DD in less than a month. Apparently there is something more to learn... Maybe it would be enough to reverse all trades. A very simple way to make this stragegy a winner.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Membre depuis May 04, 2012
posts 1608
Apr 03, 2013 at 00:46
chisha posted:
Pip Generator this is incredible stuff!! Tell me how long have you been trading and at which point did you become consistently profitable? did you learn forex trading on your own?
I want to become a master trader someday and with people like you proving that it's possible to make 40-50% returns in two months although very difficult but it's possible!!! share your knowledge oh wise one!!
Do not fall for less than 2 months results. Any strategy with less than 6 months of verfied results does not mean much. The Forex cemetary is full of strategies which blew accounts even after 6 months' of stable profitability.
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forex_trader_110955
Membre depuis Feb 06, 2013
posts 61
Apr 03, 2013 at 10:39
You should find at least 6 months, with good ratio...
Be aware of demo results etc
Be aware of demo results etc
Membre depuis Mar 30, 2013
posts 18
Apr 03, 2013 at 17:58
I do not think that you can earn 40% on your capital every month. Make your expectations right, before you can trade for consistent gains.
Testing a strategy is not a matter of time, only market conditions. That means, if you want to know all about a strategy, it has to have been through all possibly market conditions.
If you are validating a range trading strategy under range conditions, it turns out to be just fine, but what happens when it goes through brake out conditions, or a strong trend?
Also, i do not thing that trading is about finding an EA, applying it to the chart and then just let it run, it is, in my opinion, not trading.
Trading is about analyzing the daily charts, make your trades or not, depending on the market. You can not expect to win each and every month, expect draw down periods and accept them as a part of your trading.
Make some good trades, take off half of the profit, and continue the good work, day after day, month after month, year after year - that is trading.
Testing a strategy is not a matter of time, only market conditions. That means, if you want to know all about a strategy, it has to have been through all possibly market conditions.
If you are validating a range trading strategy under range conditions, it turns out to be just fine, but what happens when it goes through brake out conditions, or a strong trend?
Also, i do not thing that trading is about finding an EA, applying it to the chart and then just let it run, it is, in my opinion, not trading.
Trading is about analyzing the daily charts, make your trades or not, depending on the market. You can not expect to win each and every month, expect draw down periods and accept them as a part of your trading.
Make some good trades, take off half of the profit, and continue the good work, day after day, month after month, year after year - that is trading.
Keep it simple!
Membre depuis Apr 18, 2011
posts 45
Apr 10, 2013 at 04:21
I can make it sometimes on good volatile months only, check my results here https://www.myfxbook.com/members/scalpingforex/client-1/518945
however 40% profit every single month is not realistic, 5 - 10% on average monthly is very possible though.
however 40% profit every single month is not realistic, 5 - 10% on average monthly is very possible though.
Membre depuis May 04, 2012
posts 1608
Apr 10, 2013 at 09:22
(édité Apr 10, 2013 at 09:22)
scalpingforex posted:
I can make it sometimes on good volatile months only, check my results here https://www.myfxbook.com/members/scalpingforex/client-1/518945
however 40% profit every single month is not realistic, 5 - 10% on average monthly is very possible though.
Come on!! You are running 6 strategies and showing the most profitable one - with statistically insignificant 8 TRADES and LESS THAN A MONTH history - as an example of your talent... What about your other 2 months old strategy showing a LOSS...??? https://www.myfxbook.com/members/scalpingforex/fxprimus/498780 Why did not you show that one as 'check my results here...' Oooops...!!!
The Forex cemetary is full of sceletons of 'successful strategies' which blew accounts after even 6 months of 'success'. Anybody touting a strategy here with less than 6 months of stable profitable history is just a Forex Peacock who wants to get rich by risking OTHER people's (usually naive noobs') money.
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Membre depuis Apr 03, 2013
posts 5
Apr 10, 2013 at 15:09
My system made more than 30% with less than 1% risk to ruin
https://www.myfxbook.com/members/cavemanrich/caveman-cash/530591
https://www.myfxbook.com/members/cavemanrich/caveman-cash/530591
Membre depuis May 04, 2012
posts 1608
Apr 10, 2013 at 15:24
cavemanrich posted:
My system made more than 30% with less than 1% risk to ruin
https://www.myfxbook.com/members/cavemanrich/caveman-cash/530591
Your strategy has less than 2 weeks history. 😄 Come back in 6 months...!
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Membre depuis Apr 10, 2013
posts 29
Apr 10, 2013 at 20:19
Guyz this is new https://www.myfxbook.com/members/minutemanmissile/minuteman-pips-missile/536808 but still want to show you. I think it has surpassed the 40% mark already.
