From $1 to 10 million

Just kidding..Haha..

it's very possible, but it takes a huuuuuge amount of patience and a load of winning trades.

Lol

hahaha... very funny...

Preposterous claims.....

i woudl estimate that getting from $1 to $1000 will take alot longer than getting from $1000 to 1 million.

its 99% impossible & 1% possible
😎

how to start trading in demo account?

vijajabu posted:
how to start trading in demo account?

If you take this path you have an epic journey ahead of you.

I can loose easily 10 million to 1$.

It is unfortunate that a lot of newbies are enticed to deposit. Promised if they buy this or that they will be millionaires soon, making the sellers rich and leaving the newbies with their dicks in their hands. I think I should also become a seller. I can make tons of $ from newbies.

It is human nature to believe getting rich fast. Newbies think that the market is an ATM, the only difference is that they fund the market, not withdraw from it.

Millionaires brag getting 20-25% yearly and average Joe wants 100% monthly. Who is the smart guy?

True dat! I am sure we all though fx will make us ridiculously rich someday when we started trading. It is only with a couple of times that one loses all your $ and a few margin calls that reality reels you back to earth again.

I would be very happy with only 4 or 5% per month. I am achieving this, but it is not as easy as one thinks.

Anton Kreil, ex Goldman trader said: A good trader is the one that on 12 months trading has to be profitable at least on 10. He must be right on the market on 10 months when he makes money and he must be right also on 2 months when he looses money.

I totally agree with you. Making 4-5% seem easy. But making 4-5% consistently for a long period of time, is pretty hard.

You are all correct on this. Making a fair 6% a month with a safe DD is very hard on long term. I have home built robots that can do 1-2% a month fairly safely, but anything above that, the risk of DD goes way up. 4% profits a month can give you DD of 40%. Very few of us wish to risk that kind of captial. WE all want and wish for larger profits and safer DD, but its very hard to obtain over a long term.

yes what ardit says is very true

I believe if one can tone down one's expectation (not believe one can be a billionaire in a few years through fx) one can supplement your existing income.

Here is how to get from 1000 to 1 million in 80 trading day 100 pips per day compounded at 10% per day it thne become possible to go from 1000 to 10 million in 6 mouths

Net 100 pips a day, every day, for six months.

Peace of cake, everyone can do that.