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MyFxBook, who is a millionaire?

DarbyCecil
Aug 27 2014 at 10:29
2 ieraksti
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn

Mesbah (rahiths)
Aug 27 2014 at 10:37
98 ieraksti
DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn


https://www.myfxbook.com/members/Kondakov/kondakov/161617

A trader can be an economist but an economist could never be a trader. They are too theoretical.
ArdiFX
forex_trader_[136673]
Aug 27 2014 at 10:58
852 ieraksti
rahiths posted:
DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn


https://www.myfxbook.com/members/Kondakov/kondakov/161617


Russian broker, lol.

If you own a mt4 server you can publish anything you want too.

Marcel Corzo (marcelcorzo1)
Aug 27 2014 at 16:22
126 ieraksti
rahiths posted:
DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn


https://www.myfxbook.com/members/Kondakov/kondakov/161617

Scam:
https://www.realscam.com/f8/mmcis-investments-mmcis-investments-com-2183/
https://forbes.ua/magazine/forbes/1342966-mmsis-istoriya-odnoj-piramidy

Managed and PAMM Accounts
ArdiFX
forex_trader_[136673]
Aug 27 2014 at 17:10
852 ieraksti
@marcelcorzo1

LOL, Kondakov got and article on Forbes. Thanks for making my day.

Professor53
Aug 28 2014 at 00:44
795 ieraksti
Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.

Garry

Click on my Name to see My Live Charts and Bio.
The Beach House 3 (TheBeachHouse)
Aug 28 2014 at 06:23
25 ieraksti
Does someday count? I promise to be one someday.😉

juham
Aug 28 2014 at 09:00
50 ieraksti
Haha thats what Ive been telling myself for the last 13 years. I'll get there one day.

Hans Bowles (hansbowles)
Aug 29 2014 at 06:18
55 ieraksti
I'm sure you will Juham, good luck and dont forget that also you 1 day can look back and tell yourself, I'm so glad I didn't give up :-)

Hans Bowles (hansbowles)
Aug 29 2014 at 06:24
55 ieraksti
Professor53 posted:
Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.

Garry


Totally agree, and also that each followup order on for exmaple gridstyle-trading should meet certain requirements as well. Ofrcourse 99% of those systems don't work or it takes to long to ever come back to a point of breakeven if lucky. They always work in the wrong way, they simply apply those tactics with only this requirement of having it x pips away from last order... so eventually you will have 10 open orders, and each 100 pips for example apart... My own grid systems are perfect and I believe one of the few systems in the world only, which is why it's something what will never be for sale as an EA... too scared people crack the code ;)

Regarding martingale... Imagine a real acocunt with 1:500 leverage on it, with a balance of $1,000,000 USD and start with first order only 0.01 lot on EURUSD.. I dont see any problem, with having this martingaled if next order is at least 200 pips away from previous order... only one downside, need to be able to have such amount which some dont have, as well as being patience, as sometimes it can take days, weeks or even a few months to get back at breakeven point (or profit)

TLCLife
Sep 06 2014 at 11:42
26 ieraksti
rob559 posted:
this place is not for millionaire this is for wannabes'one


right, therefore I have just started my new proyect with the goal to let grow my account from 700 US to 1 million in 7 years.
If you are interested to know more, please get in touch by inbox.

Rihan
RSTrading
Sep 20 2014 at 11:37
385 ieraksti
Umar Siddique (umar707)
Sep 21 2014 at 06:48
9 ieraksti
If you know a successful strategy on which you are confident of making more than 80% monthly than look what mathematics says: You put $100 in an account, do not have emotional feelings attached with it and grow it according to your plan. You can make guess what $17,912,739.61 only trading for 24 months (2 years).

Practice makes a man perfect.
TLCLife
Sep 21 2014 at 06:58
26 ieraksti
why do people want to be millionaire, if we can live with less, I prefer to gain softly and consecuently than getting a big price and spending it at once ;)

jotekfinance
Sep 22 2014 at 07:01
138 ieraksti
18 million would be a fine amount :)

Cholipop
Sep 23 2014 at 06:52
406 ieraksti
umar707 posted:
If you know a successful strategy on which you are confident of making more than 80% monthly than look what mathematics says: You put $100 in an account, do not have emotional feelings attached with it and grow it according to your plan. You can make guess what $17,912,739.61 only trading for 24 months (2 years).


 Yes that is assuming you have no losses. It urks me when people give such silly stats like that. Even if a person could trade WITHOUT emotions, the reality is if you compound (which is what your math entails) then you would have to never lose in order to obtain that amount in 24 months!

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