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MEFXBK
20 trades to become millionare - is it possible?
in
New Traders
Nov 14, 2020 at 12:37
To answer your question about a high leveraged account there are other factors to consider. I will give you some different scenarios as it is not a simple as doubling your lot size. Let’s assume the following:Account currency is USDLeverage is 500:1Starting balance is $1002 losses and 3 winning trades per weekR:R = 1:1 there let’s say 25 pips The factor that is often forgotten about- Max lot size 100 and max position is 50Commission is $7.00 round tripIt will take 184 weeks risking 5% of your account each week to hit a million and it will take an extra 13 weeks to hit 5 million If...
20 trades to become millionare - is it possible?
in
New Traders
Oct 14, 2020 at 00:57
It is possible to actually achieve this result from a $50 investment. Don’t get me wrong you need balls of steel but it’s possible. I plan on showing real account tracked on here starting next month doing it for the final push for the year. Then the non believers can say oh it is possible and for the believers then it will be I can do as well
20 trades to become millionare - is it possible?
in
New Traders
Jan 14, 2020 at 01:11
@vontogr I do have other interests and the reason I am on here is because I look for talented traders to join my hedge fund so sorry to disappoint you but maybe you need to consider the overall objectives. As for @joshua Moreton I agree with your statement of dont follow me however I do not martingale but I have a very specific money management strategy
20 trades to become millionare - is it possible?
in
New Traders
Jan 06, 2020 at 00:32
That makes me laugh but let me point out something that I factor in. My real account that I trade for growth etc I risk up to 0.75% per trade including multiple positions of that trade so in reality my risk is like 0.005% however for the above discussion that is a seperate account that has a different structure and purpose to it just like my News account is only used for trading news releases.So while I appreciate your save and get a job statement maybe be a little more respectful before you assume and think that maybe trading is my job and I generate 6 figures a month from my standard account
20 trades to become millionare - is it possible?
in
New Traders
Jan 02, 2020 at 05:05
While some comments are negative I can understand the thought process behind them but while I have have achieved this in the last 3 weeks of December I am about to do it again in the first 2 weeks of Jan. However I really wanted to highlight a different aspect to this question, it not about can you get 20 trades in a row it is more discipline. Look for one quality, high probability trade per day, have a plan in place with your risk appetite accounted for. For me to achieve my goal I only require 20 pips a day for month but for the next two weeks I want 100 pips a day and with the assets I trad...
20 trades to become millionare - is it possible?
in
New Traders
Dec 16, 2019 at 12:13
Totally possibly and doing in now for the third time
I WILL PROGRAMME YOUR EA FOR FREE
in
Programming
Jun 05, 2019 at 06:19
If I message you privately the details will you reply?
I WILL PROGRAMME YOUR EA FOR FREE
in
Programming
May 31, 2019 at 06:39
I would be interested in discussing this with you
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