Do you think you can turn $200 into $400 in six weeks?

That's the best:

https://www.myfxbook.com/members/Everex/everex-elite-risk-06/931400

If someone could turn 200$ into 400$ in 6 weeks by any means other than pure luck... he/she would not be in these forum right now... since by reinvesting the capital every 6 weeks he/she would result 102,400.00$ in one year, while if he/she continued for another year the result would be 26,214,400.00$... how many millionaires do you think are in this forum? and many of the world's millionaires made their fortunes in just 2 years?

Following simple logic, this is impossible!!!

If you need fast and really high returns, try a casino... it is probably less risky than those 'trading systems' that are advertised here!

dchara01 posted:
If you need fast and really high returns, try a casino... it is probably less risky than those 'trading systems' that are advertised here!

I agree. This is one of the reasons that I stopped trying to have an actual conversation in this thread.

not casino only forex

dchara01 posted:
If someone could turn 200$ into 400$ in 6 weeks by any means other than pure luck... he/she would not be in these forum right now... since by reinvesting the capital every 6 weeks he/she would result 102,400.00$ in one year, while if he/she continued for another year the result would be 26,214,400.00$... how many millionaires do you think are in this forum? and many of the world's millionaires made their fortunes in just 2 years?

Following simple logic, this is impossible!!!

If you need fast and really high returns, try a casino... it is probably less risky than those 'trading systems' that are advertised here!

 You don't have luck! You have people who use educated guesses. Which in turn leads to profit. That is all we are in search from. You swing traders think about the future. Scalpers think about right now! If a scalper doesn't withdraw his earnings on a weekly time frame, they will eventually LOSE IT ALL due to emotional trading. Yet i made 585% in my PAMM. I withdrew it, and now I have 10k from commission of profit sharing which I am risking now. Do you think if i earn 50% in this account I won't withdraw it?

Master_Kiwa, I not going to continue this conversation with you.

You are simply advertising your PAMM in order to collect commisions and that's ok! Maybe you are profitable and maybe your returns are 100%+ but I highly doubt that you can continue to make 100%+ p.a. in the long run!

I checked your profile: you have 7 accounts, 6 of which are just 1-2 months old, there is only one long term account:
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-management/880134
which is profitable, but it has a 216.24% in 19months, a very good return but still less than 100%/6 weeks.
Furthermore, it has an 85.44% drawdown, thus it is only a matter of time to get it burned!

dchara01 posted:
Master_Kiwa, I not going to continue this conversation with you.

You are simply advertising your PAMM in order to collect commisions and that's ok! Maybe you are profitable and maybe your returns are 100%+ but I highly doubt that you can continue to make 100%+ p.a. in the long run!

I checked your profile: you have 7 accounts, 6 of which are just 1-2 months old, there is only one long term account:
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-management/880134
which is profitable, but it has a 216.24% in 19months, a very good return but still less than 100%/6 weeks.
Furthermore, it has an 85.44% drawdown, thus it is only a matter of time to get it burned!

 Thank you for observing. Yet have you ever been able to withdraw more then 5x what you deposited in an account? Why would I focus on the future, when I can wager on the price action. When you make returns like these, long term growth isn't in the plan. As any current events can clean out our account. Ask the swingers of eur/usd last week 585% with 5% drawdown. How do you explain that? Why not focus on that?

As I said I don't want to continue this conversation, because I see no point!

I am talking about probabilities and you are talking about... I don't know what!

Being profitable in the long run has nothing to do with the withdrawal frequency... you can withdraw funds every hour if you like...
What I'm saying is that you CANNOT achieve +100% in 6 weeks consistently! You can try scalping and some times you will have enormous profits and sometimes you will have enormous losses!

I am a financial professional and I know that risking more than 85% of your capital (as you do) is pure casino play and has nothing to do with investing, although you may use financial instruments to play casino! Simple statistics can easily prove that systems with such large drawdown levels are destined to fail!

I don't care if you have 1000% increase in an 1-month account with sub $1.000.00 balance.
Can you show me an account with a +100% return with $100,000.00 balance? It is always different to risk 85% of $10 account and a $10,000 account, you know!
Can you show me an account that achieves +100% return every 6 weeks for a full year? I don't care how many times you are going to withdraw funds...

Just to let you know, that everybody can open 10 accounts amounting $10 each and risk them all! At least one of them will get +100% return... I can show you the wining account and hide the other 9! The result however will be $20 in the winning account and -$90 in the rest accounts for a total of -$70!!!

If you like casino, that's ok! You are not alone! But don't fool yourself that you are a financial investor and more importantly don't fool others to 'invest' in your casino play!

If you are a honest person you should let them know that by 'investing' in such systems they may win +100% on their balance, but only by accepting a 99% probability of losing their whole balance! - End of story!

dchara01 posted:
As I said I don't want to continue this conversation, because I see no point!

I am talking about probabilities and you are talking about... I don't know what!

Being profitable in the long run has nothing to do with the withdrawal frequency... you can withdraw funds every hour if you like...
What I'm saying is that you CANNOT achieve +100% in 6 weeks consistently! You can try scalping and some times you will have enormous profits and sometimes you will have enormous losses!

I am a financial professional and I know that risking more than 85% of your capital (as you do) is pure casino play and has nothing to do with investing, although you may use financial instruments to play casino! Simple statistics can easily prove that systems with such large drawdown levels are destined to fail!

I don't care if you have 1000% increase in an 1-month account with sub $1.000.00 balance.
Can you show me an account with a +100% return with $100,000.00 balance? It is always different to risk 85% of $10 account and a $10,000 account, you know!
Can you show me an account that achieves +100% return every 6 weeks for a full year? I don't care how many times you are going to withdraw funds...

Just to let you know, that everybody can open 10 accounts amounting $10 each and risk them all! At least one of them will get +100% return... I can show you the wining account and hide the other 9! The result however will be $20 in the winning account and -$90 in the rest accounts for a total of -$70!!!

If you like casino, that's ok! You are not alone! But don't fool yourself that you are a financial investor and more importantly don't fool others to 'invest' in your casino play!

If you are a honest person you should let them know that by 'investing' in such systems they may win +100% on their balance, but only by accepting a 99% probability of losing their whole balance! - End of story!

 Your pessimistic view of the market is intriguing. I love to see people who try to rationalize everything with probability instead of reality. You are referring to constant return, which honestly isn't a realistic objective. I can see the OVERALL profit means nothing to you, as your goals are to make MILLIONS by GUESSING in what the FUTURE will bring. I on the other hand, trade to make profit now. You can claim to be a financial professional, but your title doesn't guarantee future wins so I don't even know why you brought it up.

 As for risking 85% of a 10 dollar account, compared to risking 85% of a 10k account reveals that your intimated of the market instead of sure of secure with your system. I for one wager the same % of my account no matter the account size. Which is why I was able to earn 10k in profit. 585% profit with 5% drawdown, reveals accuracy my friend, not luck. You wagering on future expectations (as swingers do) is more CASINO then anything else. You have so many factors which can not be controlled in which case your position(s) are dead in the water the moment you get in.

 You sit here and speak about probability and have not posted not one stat. Your simply saying a person can not do something, because you simply don't believe it can not be done. Swingers make less money then scalpers, which is a fact, as most people swing trade. Scalpers accounts don't have to last over the long haul, as their returns are typically higher.

 Also your silly example of opening 10 accounts and wager 10 usd each is non-void. Is it a possibility? Yes of course but it isn't a reality which you can prove. I block the deposit and free margin amount in my account, as it doesn't matter as to trades I place. The stats is what matters, net profit, % change, pip drawdown etc. Not to mention I earned 10k in commission from the account which I earned 585% profit. I took 35% profit share, so how much did I actually earn my clients in total? And it doesn't matter if my account (master account) had 100 usd or 100k usd. The % change is all that matters.

dchara01 posted:
As I said I don't want to continue this conversation, because I see no point!

I am talking about probabilities and you are talking about... I don't know what!

Being profitable in the long run has nothing to do with the withdrawal frequency... you can withdraw funds every hour if you like...
What I'm saying is that you CANNOT achieve +100% in 6 weeks consistently! You can try scalping and some times you will have enormous profits and sometimes you will have enormous losses!

I am a financial professional and I know that risking more than 85% of your capital (as you do) is pure casino play and has nothing to do with investing, although you may use financial instruments to play casino! Simple statistics can easily prove that systems with such large drawdown levels are destined to fail!

I don't care if you have 1000% increase in an 1-month account with sub $1.000.00 balance.
Can you show me an account with a +100% return with $100,000.00 balance? It is always different to risk 85% of $10 account and a $10,000 account, you know!
Can you show me an account that achieves +100% return every 6 weeks for a full year? I don't care how many times you are going to withdraw funds...

Just to let you know, that everybody can open 10 accounts amounting $10 each and risk them all! At least one of them will get +100% return... I can show you the wining account and hide the other 9! The result however will be $20 in the winning account and -$90 in the rest accounts for a total of -$70!!!

If you like casino, that's ok! You are not alone! But don't fool yourself that you are a financial investor and more importantly don't fool others to 'invest' in your casino play!

If you are a honest person you should let them know that by 'investing' in such systems they may win +100% on their balance, but only by accepting a 99% probability of losing their whole balance! - End of story!

  I would also love to see your results, but you don't even have an account posted here on fxbook. Looks like you are only looking for clients, as you don't have money to trade yourself! lol

Memo to the noobs. Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN. That's how you get high yields with low drawdown %. Simply spend less time in red! Swingers for the most part (which is analysed by the myfxbook system) calculates % of time in red, and green. Why would i want to leave 2% of my account, or any amount of money for that matter in red for more then 50% of the time. That's counter productive trading. If you look at the account which was liquidated. 585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.


 Please take the time to look at the system. How did you double the account 5 times without ever being in red more then 5% of your total account. Look at what matters. The trades... Not the basher who doesn't even have a real account.

Master_Kiwa look at this:
https://www.myfxbook.com/members/dchara01/octafx-bonus/942048

WOW... I'm a pro like you... I made +96.41% in just 5 days!!! Now, I gone withdraw my millions like you!

I'm not the one selling here....

Master_Kiwa posted:
Yet have you ever been able to withdraw more then 5x what you deposited in an account?

Yes numerous times. But that really isn't the point here. What you are doing is risky and not sustainable over the long term. You don't use proper money management, nor do you use reliable risk analysis. Anyone who puts money into your hands is putting their money into a situation which hold unreasonable risk.

Master_Kiwa posted:
 Why would I focus on the future, when I can wager on the price action.

That statement alone shows you aren't a professional trader, and you don't have a reasonable and professional attitude towards the markets nor are you showing any respect for your 'clients' monies. You are doing nothing more than gambling with money which doesn't belong to you via your 'PAMM' accounts by which you control other peoples money.

Master_Kiwa posted:
When you make returns like these, long term growth isn't in the plan. As any current events can clean out our account. Ask the swingers of eur/usd last week 585% with 5% drawdown. How do you explain that? Why not focus on that?

Again, you are not being professional in your approach to money management, and risk assessment. Anyone who puts their money in your hands, is putting their money at a far greater risk than is needed. You are doing nothing more than simply gambling with money that doesn't belong to you, and selling your PAMM service to people who don't know any better. Anyone who puts money up for you to control is putting their money at a far greater risk than they understand.

CodeMonkey posted:

Master_Kiwa posted:
Yet have you ever been able to withdraw more then 5x what you deposited in an account?

Yes numerous times. But that really isn't the point here. What you are doing is risky and not sustainable over the long term. You don't use proper money management, nor do you use reliable risk analysis. Anyone who puts money into your hands is putting their money into a situation which hold unreasonable risk.

Master_Kiwa posted:
 Why would I focus on the future, when I can wager on the price action.

That statement alone shows you aren't a professional trader, and you don't have a reasonable and professional attitude towards the markets nor are you showing any respect for your 'clients' monies. You are doing nothing more than gambling with money which doesn't belong to you via your 'PAMM' accounts by which you control other peoples money.

Master_Kiwa posted:
When you make returns like these, long term growth isn't in the plan. As any current events can clean out our account. Ask the swingers of eur/usd last week 585% with 5% draw down. How do you explain that? Why not focus on that?

Again, you are not being professional in your approach to money management, and risk assessment. Anyone who puts their money in your hands, is putting their money at a far greater risk than is needed. You are doing nothing more than simply gambling with money that doesn't belong to you, and selling your PAMM service to people who don't know any better. Anyone who puts money up for you to control is putting their money at a far greater risk than they understand.

 Code money.... All I see is words, and not one chart. How do you explain 585% profit with 5% draw down? The best you can come up with is 'gambling' well let me share something with you. Gambling isn't defined by the amount of money you wager. It is simply defined by TAKING A WAGER. You mention that I'm not being professional when it comes to money management, but you've yet to display how so. You simply saying it isn't good enough. Many of you 'code monkey' included speaks about 'the future'. Do you really think you can predict the future of a currency, when you can't even figure out if your wife is cheating on you, or what type of drugs your child is taking.
 
 You swing traders trade with such disillusion like 'consistency' and 'money management' which doesn't allow you to turn profit in the short, or even long haul. You may want yourself to believe that your money management, and risk management is excellent, but you are simply piggy backing from the other 'pro's' online who don't even have an account linked here. If you guys are looking for long term growth invest in stocks. Currency is meant to be scalped, if it wasn't do you think it would move the way it does?

dchara01 posted:
Master_Kiwa look at this:
https://www.myfxbook.com/members/dchara01/octafx-bonus/942048

WOW... I'm a pro like you... I made +96.41% in just 5 days!!! Now, I gone withdraw my millions like you!

 Whoaaaaaaaaa 50% drawdown the very first day. Excellent job!

Master_Kiwa posted:
Memo to the noobs.

You'are simply pathetic!

Only the language you use, one can easily understand your unprofessional approach not only to trading but to everything!

Master_Kiwa posted:
Don't allow these 'Professional managers' who don't have an account linked to this website *many of them*, tell you anything about forex. You see it's easy to say. .DO.....yet nearly impossible to DO! Don't judge anyone online by the words they use. Or their prabilitiy. You want them to show you with real accounts. None of the negative talkers post a chart, and ask why did that trade result with such a high/low PIPDRAWDOWN.

As I already told you, it is easy to have such returns by accepting 100% risk...
I don't show my accounts here, simply because I'm not trying to sell anything here... I'm not a PAMM scammer! And if you need proof... take a look at this account where I took 100% risk:

https://www.myfxbook.com/members/dchara01/octafx-bonus/942048

That's ~100% return in 3 trading days! But it is pure luck!!!

Master_Kiwa posted:
585% PROFIT with 5% DRAWDOWN!!!!! That can't be look, over 30 trades.

It is still 100% luck! The only way to prove otherwise is to show us an account with such a drawdown and such return trading for over a year!
Ah! and of course you can withdraw as many times as you want... no problem with that!

Master_Kiwa posted:

dchara01 posted:
Master_Kiwa look at this:
https://www.myfxbook.com/members/dchara01/octafx-bonus/942048

WOW... I'm a pro like you... I made +96.41% in just 5 days!!! Now, I gone withdraw my millions like you!

 Whoaaaaaaaaa 50% drawdown the very first day. Excellent job!

https://www.myfxbook.com/strategies/scalpingwithsmalldrawdown/42208

This is one of your strategies... it is called scalping with SMALL drawdown... yet your drawdown is 69.96%

https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-management/880134

This one has 85.44%

https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-iii/901182

This one has 47.96%

As I said your trading is pure GAMBLING!!!