$50 to $1 million in 18 months (By TheSundanceKid)
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$50 to $1 million in 18 months Discussion
Member Since Mar 09, 2014
42 posts
Apr 16, 2014 at 06:59
Member Since Mar 09, 2014
42 posts
Professor53 posted:
Big OCH.... My double sided martingale had a tuff time with that also..... good try jack. perhaps resatrat with $300.
Nah, I'm gonna stick with $50 - because a lot of aspiring forex traders out there haven't GOT an extra $300 to open with.
(Besides, it'll make a better story.)
Hang around - I like your input.
"I got vision and the rest of the world wears bifocals"
Member Since Mar 09, 2014
42 posts
Member Since Dec 15, 2010
784 posts
Member Since Dec 15, 2010
784 posts
Apr 18, 2014 at 19:15
Member Since Dec 15, 2010
784 posts
TheSundanceKid posted:Professor53 posted:
I still Love following this trader, however, it can never be on auto trade per myfxbook. Its exceeded the DD ratio as a safe trader. Im sure with a larger starter balance of perhaps $300, he could really set this up as a auto trader after 3 months. Besides, If he can take $50 and turn it to ONE milliion in any time frame, he can sell lots of books and be famous for longer than 15 minutes on TV.
He needs to also trade a slightly larger account the same way and stay within the auto trader rules, so the rest of us in 3 months can benefit from his expertise. FYI, Just a freindly thought.
Sincerely
P53
You're so smart, Professor. :) I've actually thought about doing that, setting up a parallel account, but with a bit more money to work with. It's frustrating operating at this small level - however, that's good motivation for me to grow the account!
Oh, come on, I only violated that "safe trader" drawdown ONCE - Before that, I think my worst drawdown was about 11% - Aren't I allowed one momentary blip of trading insanity? I mean, come on, I'm making it back, right?
Nope, you need a fresh account : Once you hit the high DD its like a tatto. Its for the live of that account and wont be allowed to mirrow trade. I have had several accounts that were allowed to trade live after 3 months , only then to hit a high DD and they send you a pink slip...
Click on my Name to see My Live Charts and Bio.
Member Since Dec 15, 2010
784 posts
Member Since Mar 09, 2014
42 posts
Member Since Mar 09, 2014
42 posts
Apr 22, 2014 at 06:21
Member Since Mar 09, 2014
42 posts
Professor53 posted:
Come on..... try and try again... you can do it!
Well, I just thought I'd open the week by basically betting the farm on 3 trades - at least I should be killed or rescued in fairly short order. :)
"I got vision and the rest of the world wears bifocals"
Member Since Dec 15, 2010
784 posts
Member Since Mar 09, 2014
42 posts
Member Since Dec 15, 2010
784 posts
Apr 23, 2014 at 21:01
Member Since Mar 20, 2014
2 posts
Not that you need it or even want it but here is a trailing stop EA. trails as soon as the trade is placed. Not like mt4's trailing stop which has to move your specified into profit before it trails.
Cheers,
Len
Cheers,
Len
Member Since Dec 15, 2010
784 posts
Member Since Mar 09, 2014
42 posts
Member Since Mar 09, 2014
42 posts
Member Since Feb 22, 2011
4573 posts
Apr 26, 2014 at 10:58
Member Since Feb 22, 2011
4573 posts
You should name it $265 to $50 in no time:)

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 26, 2014 at 14:52
Member Since Jun 28, 2013
842 posts
togr posted:
You should name it $265 to $50 in no time:)
He does not rip off clients with monthly fee, nor filter out blown account and publish only good ones.
It is his own money, and he can do whatever he likes. Good thing is that he shares his experience with other.
No one with IQ higher than 70 thought it will happen. Making 1 mil out of 50$ has lower chances than winning state lottery. I'ts just a journey. Setting a target hard to reach, and at least trying.
Regards
Member Since Dec 15, 2010
784 posts
Apr 27, 2014 at 02:24
Member Since Dec 15, 2010
784 posts
Reboot is good! We have all been there.....me, hundreds of times over the last 8 years...arg. I can do a safe normal growth of less than 25% per year safely, but none of us want only 2% a month growth.... I dont gamble, but if I did, Id play Black Jack and martingale it on each loosing hand.
P53
P53
Click on my Name to see My Live Charts and Bio.
Member Since Feb 22, 2011
4573 posts
Apr 27, 2014 at 11:31
(edited Apr 27, 2014 at 11:32)
Member Since Feb 22, 2011
4573 posts
ahuruglica posted:togr posted:
You should name it $265 to $50 in no time:)
He does not rip off clients with monthly fee, nor filter out blown account and publish only good ones.
It is his own money, and he can do whatever he likes. Good thing is that he shares his experience with other.
No one with IQ higher than 70 thought it will happen. Making 1 mil out of 50$ has lower chances than winning state lottery. I'ts just a journey. Setting a target hard to reach, and at least trying.
Regards
well yes,
but the topic is pretty straightforward: $50 to $1 million in 18 months
It is pretty self confident title I would say
so I could easily paraphrase you and say No one with IQ higher than 70 could be so confident
But I won't say so. As you did not mention I used smile in that sentence - it was not meant o be serious statement

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