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Do you think you can turn $200 into $400 in six weeks?
Membre depuis Feb 22, 2011
posts 4862
May 21, 2014 at 12:20
Membre depuis Feb 22, 2011
posts 4862
qntdinh posted:
Start New challenge started today on new live account, can turn £1000 into £2000 in six weeks?
@qntdinh
You have 70% DD during last 7 days.
You loose it all.
Membre depuis Dec 15, 2010
posts 795
May 23, 2014 at 21:35
Membre depuis Dec 15, 2010
posts 795
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.
Click on my Name to see My Live Charts and Bio.
forex_trader_178987
Membre depuis Feb 27, 2014
posts 6
May 25, 2014 at 06:28
Membre depuis Feb 27, 2014
posts 6
Professor53 posted:
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.
Totally agree with you.
Membre depuis May 11, 2014
posts 8
Membre depuis May 27, 2014
posts 2
Membre depuis May 20, 2014
posts 1
May 27, 2014 at 20:20
Membre depuis Mar 03, 2014
posts 7
Professor53 posted:
I suppose someone could optimze $200 to $400 on some EAs. Most of the time it would blow the account. A person could martingale the loss and restart... smile. But its gambling for sure, its not trading.
This is the truth. It is not difficult to do it, just as it is not difficult to loss your account trying, it is simply gambling.
Personally, I am a trader with an edge and not a gambler. How about everyone else?
Membre depuis May 09, 2014
posts 4
Membre depuis Apr 14, 2013
posts 402
May 30, 2014 at 21:20
Membre depuis Apr 14, 2013
posts 402
Have a look at this guy...
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719
Over 2000% profit!
The reality is if you are trading martingale or not as long as you make profit that is the key to trading. Many people look down on martingale, but martingale should be used especially when scalping. I for one now trade using fibs with engulf patterns, and over 97% of the times in which i open a position and closed in red after 5 mins, the trade ends up going against me 12 pips before I close back to break even. So with those stats, why would you not use martingale? Before looking speaking down on martingale, why not look at the trades and analysis the 'Pip-drawdown'.
Have a look at this account: https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-pamm/931519
Then look at each individual trade. By focusing on the pip-drawdown, you will be able to realize if that specific system should use martingale or not.
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719
Over 2000% profit!
The reality is if you are trading martingale or not as long as you make profit that is the key to trading. Many people look down on martingale, but martingale should be used especially when scalping. I for one now trade using fibs with engulf patterns, and over 97% of the times in which i open a position and closed in red after 5 mins, the trade ends up going against me 12 pips before I close back to break even. So with those stats, why would you not use martingale? Before looking speaking down on martingale, why not look at the trades and analysis the 'Pip-drawdown'.
Have a look at this account: https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-pamm/931519
Then look at each individual trade. By focusing on the pip-drawdown, you will be able to realize if that specific system should use martingale or not.
Focus on pip-drawdown
Jun 05, 2014 at 18:48
Membre depuis May 01, 2014
posts 17
togr posted:qntdinh posted:
Start New challenge started today on new live account, can turn £1000 into £2000 in six weeks?
@qntdinh
You have 70% DD during last 7 days.
You loose it all.
that expect to happen when you want to turn 100% in six week.
anyway it's will be completed in 4 weeks instead of 6 weeks.
Millionaire
Membre depuis Dec 15, 2010
posts 795
Membre depuis Apr 14, 2013
posts 402
Jun 10, 2014 at 19:04
Membre depuis Apr 14, 2013
posts 402
Lets turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
Focus on pip-drawdown
Membre depuis Nov 21, 2011
posts 1718
Membre depuis Oct 24, 2013
posts 268
Jun 10, 2014 at 19:24
Membre depuis Oct 24, 2013
posts 268
Master_Kiwa posted:
Lets turn 10k into 20k. How does that sound?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capitals-petty-cash/944495
Sounds like more of your normal BS to me. tick tick boom no update.
I know, I know real account etc etc. Ra RA RA!! Yeah whatever!!
You can't spend open trades.
Membre depuis Apr 14, 2013
posts 402
Jun 10, 2014 at 19:56
Membre depuis Apr 14, 2013
posts 402
You're working about accounts not updating instead of thinking.... where did that money come from. Last account which was liquidated today resulted in over 550% profit. Well since my commission has been paid from the PAMM, I will risk my entire commission. All of my accounts have shown excellent results. How else would I obtain 10k usd if my accounts weren't actually making money? None the less see you guys tomorrow.
Focus on pip-drawdown
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