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is it possible to turn $100 to $1000 in 4 weeks ? (real account)

BoneTrader
Nov 24 2014 at 08:08
게시물35
If someone could not get the message in above post was - 95% of traders are not successful, so you need to start think different to succeed.

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
BluePanther (BluePanther)
Nov 24 2014 at 12:34
게시물1354
BoneTrader posted:

Ok, let's forget a bit of me and let's talk a bit about you, all of you who is trading or ever traded. Talk about 'the standards' of trading, like 'having drawdown of 20% max' or '2% max risk per trade' or 'TP should be 3 times more then SL' (😁 sorry, always laugh at this point 😁).


Totally agree with you. 'Experienced traders' always say those things, but 'the only difference between experienced traders and new traders is that the former has lost more money' (in other words, it hasn't worked for them, yet they preach this as the Golden Rules which should be obeyed to survive profitably long-term).

BoneTrader posted:

Imagine of 1000$ on trading account. 2% risk per trade is 20$. TP 3 times more then SL is 60$ win or 20$ loss. 20% max drawdown is 200$ or 10 trades which should bring up to 600$ if follow rule #3. Now try to concentrate and answer following question - Why the hell do you keep other 800$ at broker account? and another one - Are they 100% safe from loss even if you follow all of the rules!


I agree once again: traders should make full(er) utilisation of their margin - 1% gains a month (or even day) is PATHETIC! I remember reading an ebook from a successful trader who used 1 Standard Lot per $1000 in his account (I think the book was '$1000 to $1 million in 80 days').

alexforex007
Nov 24 2014 at 12:52
게시물774
The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.

Cholipop
Nov 24 2014 at 23:37
게시물406
alexforex007 posted:
The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.


 I couldn´t agree with anyone more. The reality is people preach MONEY MANAGEMENT, but the only reason why their money management is so strick is because their system lacks accuracy. If their system had it, then they would be able to be exposed more to the market instead of risking all those pips only to end up paying a ton of money in swap.

namminh75 (namminh75)
Nov 25 2014 at 07:48
게시물62
Cholipop posted:
alexforex007 posted:
The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.


 I couldn´t agree with anyone more. The reality is people preach MONEY MANAGEMENT, but the only reason why their money management is so strick is because their system lacks accuracy. If their system had it, then they would be able to be exposed more to the market instead of risking all those pips only to end up paying a ton of money in swap.


Yes,agreed with this.

The time to enter and the time to exist. Might you guessed the right direction but too late to react for getting out at the right time,you still turn your win to lose...

be humble,wise and thanks the Lord for every pip you get and try to keep it!
togr (togr)
Nov 25 2014 at 15:10
게시물4862
alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?


It is possible.
But for small amount it is not worth it.
For big amounts it is too risky.

Andrea908 (Andrea908)
Nov 25 2014 at 15:12
게시물5
Yes you can even make 50,000 in 0ne week. though its very risky,
If you trade without MUCH RISK, THAT IS A REASONABLE RETURN.

Andrea908 (Andrea908)
Nov 25 2014 at 15:13
게시물5
Disregard my first post, yes its VERY POSSIBLE TO DO THAT 4 WEEKS.

Cholipop
Nov 25 2014 at 18:17
게시물406
togr posted:
alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?


It is possible.
But for small amount it is not worth it.
For big amounts it is too risky.


 Why would it be MORE RISKY if you maintain the same money management no matter how much is in the account. Your mentality is why most of your accounts have a huge drawdown with such a high yield %. Money management should NEVER change, no matter how much you have in your account. If I have 100 usd or 250,000 I would expose x amount of margin to get the same % for risk as to reward. The formations which you wager on should not change either.

Cholipop
Nov 25 2014 at 18:22
게시물406
Andrea908 posted:
Yes you can even make 50,000 in 0ne week. though its very risky,
If you trade without MUCH RISK, THAT IS A REASONABLE RETURN.


 Please guys stop using the word RISK..... It is like saying LOOK..... I will respond AT WHAT? When you say RISK, are you speaking of the money you are exposing to the market... Or the amount you are willing to LOSE based on your bias to entering in the position. Risk is a very subjective word, and should be clearly defined.

 The reality if you guys had an avg of 20 pips or less for PIP - DRAWDOWN, then you will see that you stand a higher chance with minimum exposure to the market, to hit a smaller % profit PER DAY! I have earned over 80 trades 4% per day. :) Some days we get no entry, as the market has not revealed a position worth exposing funds to. Yet, when the EA enters, it keeps the PIP drawdown low, and we are able to scalp the market when most are ready to jump on or off... Price action is the only constant. No indicators required.

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