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From $1 to 10 million
forex_trader_102328
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Nov 15, 2013 at 18:10
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it's very possible, but it takes a huuuuuge amount of patience and a load of winning trades.
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forex_trader_165224
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forex_trader_102328
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Dec 06, 2013 at 22:26
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i woudl estimate that getting from $1 to $1000 will take alot longer than getting from $1000 to 1 million.
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Dec 12, 2013 at 21:54
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vijajabu posted:
how to start trading in demo account?
If you take this path you have an epic journey ahead of you.
forex_trader_136673
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forex_trader_102328
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Dec 13, 2013 at 11:15
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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.
forex_trader_136673
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Dec 13, 2013 at 12:58
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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?
Millionaires brag getting 20-25% yearly and average Joe wants 100% monthly. Who is the smart guy?
forex_trader_102328
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Dec 13, 2013 at 15:31
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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.
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.
forex_trader_136673
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Dec 13, 2013 at 16:10
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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.
I totally agree with you. Making 4-5% seem easy. But making 4-5% consistently for a long period of time, is pretty hard.
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Dec 13, 2013 at 20:29
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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.
Click on my Name to see My Live Charts and Bio.
forex_trader_165224
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forex_trader_102328
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Dec 14, 2013 at 11:38
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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.
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Dec 16, 2013 at 13:56
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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
Dare to risk more to get more
forex_trader_136673
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Dec 16, 2013 at 14:24
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Net 100 pips a day, every day, for six months.
Peace of cake, everyone can do that.
Peace of cake, everyone can do that.
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Dec 16, 2013 at 15:08
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It not just 100 pips the trading lots has to go up as well.When the lots go up traders will come to emotional ceiling that they are not able to get over 100 is the ease part the hard part is closing the platfrom down and walking away after you have your 100 pips.
Dare to risk more to get more
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