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I make 20% and more per month through Price Action System

Fernandezz
Aug 25 2014 at 18:18
posts 17
@ahuruglica

I was just asking from those who claim to make 20% a month who they are trying to fool. I make only 15% (or 20% if luck is on my side) a year, mate. 😄
Fernandezz
Aug 25 2014 at 18:18
posts 17
I would be very happy if I could make 2% every month. 😄
vontogr (togr)
Aug 25 2014 at 19:13
posts 4862
Fernandezz posted:
@ahuruglica

I was just asking from those who claim to make 20% a month who they are trying to fool. I make only 15% (or 20% if luck is on my side) a year, mate. 😄

you can find systems like this at
https://www.myfxbook.com/systems
ArdiFX
forex_trader_[136673]
Aug 25 2014 at 19:17
posts 852
Sorry I misunderstood you @Fernandezz


I also wanted to point out to new traders that making more than 20% a year implies higher risk. Also, it implies increase likelihood of default.
ArdiFX
forex_trader_[136673]
Aug 25 2014 at 19:28
posts 852
togr posted:

you can find systems like this at
https://www.myfxbook.com/systems

1st. Trader has a scam broker
2nd. Trader uses custom start date (also deposits to hide dd).

For the rest I would say one or two are good (good broker with 2-3% monthly gain). The others crappy as first and second.
Hans Bowles (hansbowles)
Aug 25 2014 at 20:17
posts 55
euhm not every system listed on https://www.myfxbook.com/systems uses scam brokers or is demo or whatever, there are plenty of good ones. the question is more howlong will they last, some only 3 weeks, others 3 months, some even over a year and consistently making profit at least 5% a month without a single month being negative.
yes i see some people replying here who use or even own a system like that, this includes myself. just because number 1 and 2 are not good, have you looked at all systems from #3 to #100 ?
ArdiFX
forex_trader_[136673]
Aug 25 2014 at 20:36
posts 852
I was referring only for autotrade systems, and said one or two are good, the rest...
vontogr (togr)
Aug 25 2014 at 20:40
posts 4862
ahuruglica posted:
togr posted:

you can find systems like this at
https://www.myfxbook.com/systems

1st. Trader has a scam broker
2nd. Trader uses custom start date (also deposits to hide dd).

For the rest I would say one or two are good (good broker with 2-3% monthly gain). The others crappy as first and second.

yes everyone is idiot but you
good luck
ArdiFX
forex_trader_[136673]
Aug 25 2014 at 20:42
posts 852
@togr

Thanks for the compliment ;)
Stanley Benj Wafula
LordBenjCapital
Aug 26 2014 at 11:20
posts 2
Well it all depends , that's what traders do not realize, If you have a $1000 account or $10000 and you make 20% a year, to me i believe you are an under performer . But if you make 20% a year on a $5 million or 10 million or 50 million account, then you are doing fine and well done . Ask yourself something , if let's say Goldman Sachs had only $50000 to invest and they made 20% off that at the end of the year, do you think they would be praised?? I don't know about you but to me , they would be the worst performing hedge fund of the industry . Just my two cents 😁
Fernandezz
Aug 27 2014 at 06:46
posts 17
ahuruglica posted:
Sorry I misunderstood you @Fernandezz


I also wanted to point out to new traders that making more than 20% a year implies higher risk. Also, it implies increase likelihood of default.


I was once a 'New Trader' and made all the terrible mistakes (still sometimes do). I used to make 5 - 8% (every month) consistantly for about 8 months, but it was not a sustainable growth. Eventually ended up blowing up two accounts totalling 40k+. Very costly lesson indeed 😄
Fernandezz
Aug 27 2014 at 06:47
posts 17
LordBenjCapital posted:
Well it all depends , that's what traders do not realize, If you have a $1000 account or $10000 and you make 20% a year, to me i believe you are an under performer . But if you make 20% a year on a $5 million or 10 million or 50 million account, then you are doing fine and well done . Ask yourself something , if let's say Goldman Sachs had only $50000 to invest and they made 20% off that at the end of the year, do you think they would be praised?? I don't know about you but to me , they would be the worst performing hedge fund of the industry . Just my two cents 😁


In my opinion, the worst performing hedge fund would be the one that doen't make any money (there are plenty out there), not the one that makes 20% a year. Just my two cents, friend😄




ArdiFX
forex_trader_[136673]
Aug 27 2014 at 11:02
posts 852
Fernandezz posted:

I was once a 'New Trader' and made all the terrible mistakes (still sometimes do). I used to make 5 - 8% (every month) consistantly for about 8 months, but it was not a sustainable growth. Eventually ended up blowing up two accounts totalling 40k+. Very costly lesson indeed 😄

I remember my first week of trading, thought I'm gonna be a millionaire soon. Fast gains can not be sustained. That is why those so called succesful managers want to manage others money. They know the truth and want commisions.

Fernandezz
Aug 28 2014 at 06:25
posts 17
ahuruglica posted:


I remember my first week of trading, thought I'm gonna be a millionaire soon. Fast gains can not be sustained. That is why those so called succesful managers want to manage others money. They know the truth and want commisions.



That's the truth. There are more dealers, managers and gurus/mentors than traders. 😄

By the way, mate, just looked at your trading stats. Excellent! You WILL become a millionaire someday if you continue with this discipline for long enough. 😄 May you prosper!
ArdiFX
forex_trader_[136673]
Aug 28 2014 at 20:36
posts 852
Thanks a lot. I wish the same to you.

I'm doing great, but even if I didn't I don't mind anymore. I had the chance to visit many places, meet many good people and read so many books. I'm sorrounded by my family and a lot of friends. Money is not on my top ten list, not anymore. There are to many other things to enjoy in life.
Fernandezz
Aug 29 2014 at 11:23
posts 17
"Arogya parama labha, santhutti paraman danan" - The Buddha

Good health is the greatest of all gains, and contentedness is the greatest wealth...
ahmedfouad
Oct 11 2014 at 11:46
posts 198
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.

Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1
Mesbah (rahiths)
Oct 11 2014 at 15:16
posts 98
sad to hear that but you deserve it since you invested in a scam EA

This TheFx4You guy doesn't even hav live account in myfxbook😎






ahmedfouad posted:
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.

Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1
A trader can be an economist but an economist could never be a trader. They are too theoretical.
ahmedfouad
Oct 11 2014 at 15:20
posts 198
rahiths posted:
sad to hear that but you deserve it since you invested in a scam EA

This TheFx4You guy doesn't even hav live account in myfxbook😎






ahmedfouad posted:
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.

Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1


No good to hear from you that I deserve it.....!!!! how would I know he is a scammer...!!!?? At least from my side I take the ethical part to warn the others....
Mesbah (rahiths)
Oct 11 2014 at 15:25
posts 98
your answer in my post

how would I know he is a scammer.???
A trader can be an economist but an economist could never be a trader. They are too theoretical.
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