Who can earn 100% return a month with a DD below 50% and on a regular basis?

mrtodd posted:
OK, I already know what 80% of the comments are going to be so let me state this right off the bat, I'm not trying to find someone to manage millions of dollars. I'm not looking for a safe and secure investment. I'm looking for those risk takers with some skill. I'm just curious, that's all. Hoping a few people would like to share their progress.

So for the sake of this thread, the only requirements are:

1. 100% monthly return or greater

2. Max draw down of 50%

If you have an account making 95% return with 10% DD, please don't post it here (send me a PM though 'cause I'll totally follow you with real money...lol)

color dreaming...keep on don't wake up

I'm actually interested if drawdown is being affected based on equity withdrawals;
 
I suggest contacting a member of myfxbook staff.

Ethan is very friendly and helpful on these questions.

https://www.myfxbook.com/members/Staff

(It might that he withdraw equity during a trade and the remaining equity the drawdown is being calculated on. I don't know. So I suggest asking support over here)

rob559 posted:

mrtodd posted:
OK, I already know what 80% of the comments are going to be so let me state this right off the bat, I'm not trying to find someone to manage millions of dollars. I'm not looking for a safe and secure investment. I'm looking for those risk takers with some skill. I'm just curious, that's all. Hoping a few people would like to share their progress.

So for the sake of this thread, the only requirements are:

1. 100% monthly return or greater

2. Max draw down of 50%

If you have an account making 95% return with 10% DD, please don't post it here (send me a PM though 'cause I'll totally follow you with real money...lol)

color dreaming...keep on don't wake up

Ok, so you can't do it but I'm sure many can. I doubled one of my accounts just last night. Depends on the risk you're willing to take.

HalleyFX posted:
I'm actually interested if drawdown is being affected based on equity withdrawals;
 
I suggest contacting a member of myfxbook staff.

Ethan is very friendly and helpful on these questions.

https://www.myfxbook.com/members/Staff

(It might that he withdraw equity during a trade and the remaining equity the drawdown is being calculated on. I don't know. So I suggest asking support over here)

It is not. Anybody that thinks it is simply doesn't know what they're talking about. The draw down calculated at Myfxbook is only from trading equity. It's the % your account looses on open trades. Anybody that thinks otherwise just doesn't know what's going on.

mrtodd posted:

rob559 posted:

mrtodd posted:
OK, I already know what 80% of the comments are going to be so let me state this right off the bat, I'm not trying to find someone to manage millions of dollars. I'm not looking for a safe and secure investment. I'm looking for those risk takers with some skill. I'm just curious, that's all. Hoping a few people would like to share their progress.

So for the sake of this thread, the only requirements are:

1. 100% monthly return or greater

2. Max draw down of 50%

If you have an account making 95% return with 10% DD, please don't post it here (send me a PM though 'cause I'll totally follow you with real money...lol)

color dreaming...keep on don't wake up

Ok, so you can't do it but I'm sure many can. I doubled one of my accounts just last night. Depends on the risk you're willing to take.

I have made about 800% in less than one day with less than 10% DD twice. Second time was all luck. I highly suggest you stay away from this if you think FX is something you want to do for a long time you will just die out eventually. The odds are stacked against you before you even do anything so to think you can shift the odds somehow and beat every professional, bank big player etc you need to keep dreaming. Just Aim for 5% a month and you will be better off. Forex should be treated like growing a garden. Takes patience, work, and care.

Anyway DD has never been important to me.... that's why FF isn't even calculated it.
Only Risk taken by trades matter.

Who cares how many liters is eaten by a car to reach 0 to 100? Only time matters!

FXtrader2010,
you are so right about the 5% target profit per month. To set up an account protection around that figure is very wise. Doing it will bring down the total risk per trading day. It also will bring down the risk percentage taking on individual trades. Patient is required as you say but it can pay out handsomely at the end of the year.

Ok, kind of surprised at some of these responses. I understand money management. I trade an account where the risk per trade is set at 1.5% of the balance. That has NOTHING to do with this thread. The rules of this thread are posted. This is not a HOPE to get rich quick thread. Every experienced trader knows you blow your accounts unless you practice solid money management. So lets move that discussion over to a different thread and get back to the point of this one.

1. Over 100% return/month
2. DD under 50%
3. Or a DD : Return of 1 : 2
4. No grid or martingale

mrtodd posted:
Ok, kind of surprised at some of these responses. I understand money management. I trade an account where the risk per trade is set at 1.5% of the balance. That has NOTHING to do with this thread. The rules of this thread are posted. This is not a HOPE to get rich quick thread. Every experienced trader knows you blow your accounts unless you practice solid money management. So lets move that discussion over to a different thread and get back to the point of this one.

1. Over 100% return/month
2. DD under 50%
3. Or a DD : Return of 1 : 2
4. No grid or martingale

your search for holy grail mindset makes me laugh. I could give you a shtty system that fits in this description but next month it could return 0%. It would all be dependant on the market conditions! In saying that, there is no one size fits all for criteria as sometimes the market is ranging, sometimes it is trending. No one can predict prices. Like I said, you are better off just sticking to what works most of the time and forget that silly 1% per trade rule.

FXtrader2010 posted:

mrtodd posted:
Ok, kind of surprised at some of these responses. I understand money management. I trade an account where the risk per trade is set at 1.5% of the balance. That has NOTHING to do with this thread. The rules of this thread are posted. This is not a HOPE to get rich quick thread. Every experienced trader knows you blow your accounts unless you practice solid money management. So lets move that discussion over to a different thread and get back to the point of this one.

1. Over 100% return/month
2. DD under 50%
3. Or a DD : Return of 1 : 2
4. No grid or martingale

your search for holy grail mindset makes me laugh. I could give you a shtty system that fits in this description but next month it could return 0%. It would all be dependant on the market conditions! In saying that, there is no one size fits all for criteria as sometimes the market is ranging, sometimes it is trending. No one can predict prices. Like I said, you are better off just sticking to what works most of the time and forget that silly 1% per trade rule.

This has nothing to do with holy grails. I seriously believe this forum is being trolled by a bunch a 5 y/o. Please read the OP before you guys add stupid comments.

Lets respect OP and see what comes up. We may all benefit.

Who can say with certainty that the Holy Grail does not exist...?

FxMasterGuru posted:
Lets respect OP and see what comes up. We may all benefit.

Who can say with certainty that the Holy Grail does not exist...?

I am respecting everyone here by telling them it CANNOT happen! I am trying to help you here.
What is really most likely going on here, the one is trying to regain back the money they lost to get rid of some emotional pain they brought upon themselves. Why else?

 Im not telling you it cant be done, im telling you to think it can be done consistently for the long term is impossible. Even if you found a holy grail edge that worked like this, it would never last due to cyclical global macro changing the market price discovery dynamics. The sooner you get this through your thick heads, the better you will feel and the better off you will be as a long term consistently profitable trader. You are best to just aim low then if you hit higher well that is great, extra cake for you. Having the odds against you will always leave you at risk.

@FXtrader2010

FxMasterGuru posted:
@FXtrader2010

Ok so we just going to think our way to profitability now. Great.

* I am awaiting my ban from this thread for my blunt honesty

We've just about done it this month already! :) But taking more risks than usual!

But seriously, to return 100% per month consistently is wildly improbable. It can be done, every random month or so but chasing this return, will destroy you eventually. Incidentally, being new to Myfxbook I still don't understand the calculation of drawdown. I'm showing 55% but I'm currently in positive floating equity?

Unionfx posted:
We've just about done it this month already! :) But taking more risks than usual!

But seriously, to return 100% per month consistently is wildly improbable. It can be done, every random month or so but chasing this return, will destroy you eventually. Incidentally, being new to Myfxbook I still don't understand the calculation of drawdown. I'm showing 55% but I'm currently in positive floating equity?

MyFxBook records and displays max. highest DD ever happened on the account, incl. floating DD.

FXtrader2010 posted:

FxMasterGuru posted:
@FXtrader2010

Ok so we just going to think our way to profitability now. Great.

* I am awaiting my ban from this thread for my blunt honesty

Not sure who's going to ban you but ok.

So, here's the deal. And I'll try to use simple words so maybe you can understand.

The idea of this thread is not to help anyone figure anything out. Does that make sense? If not, re-read that sentence over and over until you understand.

The idea of this thread is not to find me, you or anyone else a holy grail. Nobody needs to say how they did it. Nobody needs to sell a signal or manage an account.

Obviously, looking at your accounts you have some bottled up anger at the FX world. Let it go. This if for entertainment purposes only. There are people that do this all the time. It is not difficult to do. I'm simply putting a new criteria out there for people to share. This is the ,Who can earn 100% return a month with a DD below 50% and on a regular basis, thread.

You can open your own, I have all the answers to successful FX trading, thread if you want.

This thread is simply for entertainment....NOT EDUCATION.

I really hope that you can understand this because I can't break it down any simpler than that.

100% is hard. 10 is ok

Hello,

First of all,
100% per month is very high number, but it's achievable.
Only question, is if you will get this 100% per month like steady profit, or one month there will 100% profit and other just 5% or even negative.
I have a few EA's + manual trading and i am very lucky if i am at least near 100% per month using all them together...
More or less i am getting around 40-50% per month and it's not bad at all..