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Prove your trading worth... 100% weekly on a consistent basis - long-term?
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BluePanther

Biedrs kopš Jan 25, 2010  1267 ieraksti Matt (BluePanther) Jan 24 2015 at 16:59 (labots Jan 24 2015 at 17:20 )
Prove your trading worth...

Are you achieving MINIMUM 100% per month on a consistent, long-term basis (over twelve months)? Or do you consistently make 10% per day, or 100% a week?

Boast about your results here. You need to provide a myfxbook REAL MONEY account page which can help prove your trading prowess is LEGITIMATE! It is optional if you also share your trading technique, helpful advice, EAs, etc. but this is encouraged to help prove the legitimacy of your abilities and history.

Of course, the higher your returns (on a long-term and consistent basis), the better your bragging rights!

Let the bragging begin!

(I hardly expect many can meet this challenge, but I would not be surprised if a few can truly prove themselves!)

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BluePanther

Biedrs kopš Jan 25, 2010  1267 ieraksti Matt (BluePanther) Jan 25 2015 at 01:04
MANDATORY REQUIREMENTS:
- Your MyFXBook account MUST have a minimum of SIX months (preferably TWELVE months) history shared for public scrutiny
- You must also share Lots, Profit, and Balance for public scrutiny
- You must have achieved CONSISTENT results
- Your results must be a MINIMUM 100% per month
- You must be trading a REAL MONEY account

OPTIONAL REQUIREMENTS (THOUGH ENCOURAGED):
- Explaining your trading technique (indicators used, methods, etc.)
- Sharing your EA or resource link (if automated trading is used)
- Showing 'Open Orders' and 'Open Trades'

So many 'gurus' like to boast about their super returns in a short period of time, but very few (if any) are truly a 'made' trader.

Are there any 'eagles' amongst the 'chickens'? wink

ColiseumFX

Biedrs kopš Oct 21, 2014  15 ieraksti ColiseumFX Jan 25 2015 at 07:51
Good luck...

Iceberg101010

Biedrs kopš Dec 30, 2014  8 ieraksti Iceberg Trader (Iceberg101010) Jan 26 2015 at 07:32
Dude............braggin rights? Seriously? That neva paid anybody's bills.....

ForexAssistant

Biedrs kopš Jun 28, 2011  465 ieraksti Bob LLewellyn (ForexAssistant) Jan 27 2015 at 06:57
Does it appear that this gentleman doesn't know much about real trading? Very good professional traders are happy with 5% a month if it is consistent. By the restrictions of reality, this is going to be a very short thread.

Bob

where research touches lives.
ziga992

Biedrs kopš Oct 30, 2014  3 ieraksti ziga992 Jan 27 2015 at 15:17
5% a month is not much for good retail trader. It is much for large institutional traders, who trade with large amount of money.

ziga992

Biedrs kopš Oct 30, 2014  3 ieraksti ziga992 Jan 27 2015 at 15:17
ForexAssistant posted:
Does it appear that this gentleman doesn't know much about real trading? Very good professional traders are happy with 5% a month if it is consistent. By the restrictions of reality, this is going to be a very short thread.

Bob


But definitely agree with you in other aspects... topic starter clearly doesnt know much...

BluePanther

Biedrs kopš Jan 25, 2010  1267 ieraksti Matt (BluePanther) Jan 27 2015 at 16:07 (labots Jan 27 2015 at 16:34 )
ForexAssistant posted:
Does it appear that this gentleman doesn't know much about real trading? Very good professional traders are happy with 5% a month if it is consistent. By the restrictions of reality, this is going to be a very short thread.


ziga992 posted:
But definitely agree with you in other aspects... topic starter clearly doesnt know much...


This thread is in response to the thread 'Is it possible to turn $100 into $1000 in four weeks (real money)?'

I have put this thread out in the 'vain hope' (but no expectation) that someone can 'prove us all wrong' and show that:
- 'made' traders still do hang out in forums
- it is possible to make consistent returns of 10% per day, or 100% a week with real money in forex

Judging by your responses, are you saying you achieve these phenomenal returns on a consistent basis? Then prove it - we would all like to see this 'fantasy' a reality (sorry to break it to you, but it really is just a fantasy). wink

ForexAssistant

Biedrs kopš Jun 28, 2011  465 ieraksti Bob LLewellyn (ForexAssistant) Jan 27 2015 at 17:40
ziga992 posted:
5% a month is not much for good retail trader. It is much for large institutional traders, who trade with large amount of money.


When I wrote 'professional traders' I meant institutional traders. I guess we are all professional traders if we make our living by it. But really, you don't have to be rich to make a nice living even on 2 or 3% a month. The profits on $100,000 would yield a monthly income greater than $2,000. There are not too many places in the world where you would have to struggle on an income like that. On 5% ($5000 a month) you could afford to live in Moscow. But I have always felt that safety was more important than big numbers so my perspective maybe somewhat skewed.

Bob


where research touches lives.
ziga992

Biedrs kopš Oct 30, 2014  3 ieraksti ziga992 Jan 27 2015 at 21:23
Possible it is. But the level of risk you would have to take is long term unsustainable. So my answer is YES it is possible, but whoever tries it is either moron or wants to gambe big time.

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