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I make 20% and more per month through Price Action System
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Fernandezz

Biedrs kopš Sep 18, 2013  17 ieraksti Fernandezz Aug 27 2014 at 06:46
ahuruglica posted:
Sorry I misunderstood you @Fernandezz


I also wanted to point out to new traders that making more than 20% a year implies higher risk. Also, it implies increase likelihood of default.



I was once a 'New Trader' and made all the terrible mistakes (still sometimes do). I used to make 5 - 8% (every month) consistantly for about 8 months, but it was not a sustainable growth. Eventually ended up blowing up two accounts totalling 40k+. Very costly lesson indeed smiley

Fernandezz

Biedrs kopš Sep 18, 2013  17 ieraksti Fernandezz Aug 27 2014 at 06:47
LordBenjCapital posted:
Well it all depends , that's what traders do not realize, If you have a $1000 account or $10000 and you make 20% a year, to me i believe you are an under performer . But if you make 20% a year on a $5 million or 10 million or 50 million account, then you are doing fine and well done . Ask yourself something , if let's say Goldman Sachs had only $50000 to invest and they made 20% off that at the end of the year, do you think they would be praised?? I don't know about you but to me , they would be the worst performing hedge fund of the industry . Just my two cents lol



In my opinion, the worst performing hedge fund would be the one that doen't make any money (there are plenty out there), not the one that makes 20% a year. Just my two cents, friendsmiley





ahuruglica

Biedrs kopš Jun 28, 2013  852 ieraksti ArdiFX (ahuruglica) Aug 27 2014 at 11:02
Fernandezz posted:

I was once a 'New Trader' and made all the terrible mistakes (still sometimes do). I used to make 5 - 8% (every month) consistantly for about 8 months, but it was not a sustainable growth. Eventually ended up blowing up two accounts totalling 40k+. Very costly lesson indeed smiley


I remember my first week of trading, thought I'm gonna be a millionaire soon. Fast gains can not be sustained. That is why those so called succesful managers want to manage others money. They know the truth and want commisions.


Fernandezz

Biedrs kopš Sep 18, 2013  17 ieraksti Fernandezz Aug 28 2014 at 06:25
ahuruglica posted:


I remember my first week of trading, thought I'm gonna be a millionaire soon. Fast gains can not be sustained. That is why those so called succesful managers want to manage others money. They know the truth and want commisions.




That's the truth. There are more dealers, managers and gurus/mentors than traders. smiley

By the way, mate, just looked at your trading stats. Excellent! You WILL become a millionaire someday if you continue with this discipline for long enough. smiley May you prosper!

ahuruglica

Biedrs kopš Jun 28, 2013  852 ieraksti ArdiFX (ahuruglica) Aug 28 2014 at 20:36
Thanks a lot. I wish the same to you.

I'm doing great, but even if I didn't I don't mind anymore. I had the chance to visit many places, meet many good people and read so many books. I'm sorrounded by my family and a lot of friends. Money is not on my top ten list, not anymore. There are to many other things to enjoy in life.

Fernandezz

Biedrs kopš Sep 18, 2013  17 ieraksti Fernandezz Aug 29 2014 at 11:23
"Arogya parama labha, santhutti paraman danan" - The Buddha

Good health is the greatest of all gains, and contentedness is the greatest wealth...

ahmedfouad

Biedrs kopš Oct 23, 2010  198 ieraksti ahmedfouad Oct 11 2014 at 11:46
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.


Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1

rahiths

Biedrs kopš Oct 31, 2013  98 ieraksti rahiths Oct 11 2014 at 15:16
sad to hear that but you deserve it since you invested in a scam EA

This TheFx4You guy doesn't even hav live account in myfxbookcool






ahmedfouad posted:
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.


Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1

A trader can be an economist but an economist could never be a trader. They are too theoretical.
ahmedfouad

Biedrs kopš Oct 23, 2010  198 ieraksti ahmedfouad Oct 11 2014 at 15:20
rahiths posted:
sad to hear that but you deserve it since you invested in a scam EA

This TheFx4You guy doesn't even hav live account in myfxbookcool






ahmedfouad posted:
TheFX4You posted:
20% it's nothing huge.
I am getting stable 20% just from EA.

But it's not my main income, I am trading also manually.


Faaaaake.....! Be aware of this guy and his EA......! It is a losing EA.....
Check my thread about him

www.myfxbook.com/community/general/thefx4you--his-ea-rtrendtake/836607,1



No good to hear from you that I deserve it.....!!!! how would I know he is a scammer...!!!?? At least from my side I take the ethical part to warn the others....

rahiths

Biedrs kopš Oct 31, 2013  98 ieraksti rahiths Oct 11 2014 at 15:25
your answer in my post

how would I know he is a scammer.???

A trader can be an economist but an economist could never be a trader. They are too theoretical.
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