Mar 23 2020 at 19:11
According to my strategy that is fully automated, 5-10% is very easy to achieve every month. Yes these are all demo accounts unfortunately. It will soon be a live account but until then, I will keep running the demo accounts so you can see what I have created will adapt to all market conditions.
Mar 24 2020 at 02:16
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
Everyone shines, they just need the right lighting
Mar 24 2020 at 06:42
almfx posted:transhuman posted:
5% an hour is not out of reach!
-100% an hour is not out of reach too!
Sure, consistently? every hour?, 24hrs a day? You would be a trillionaire! Love to see your account results!
I am for 5% because of the low risk and minimal drawdown for the bots...
Mar 24 2020 at 06:43
maitradebk posted:I couldn't agree more!
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
Mar 24 2020 at 13:12
maitradebk posted:
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
exactly you cant force markets to give you any fixed amount of profit each month
it is hard enough for human being to stick to trading strategy and not later it based on emotions
Apr 02 2020 at 23:07
I have been running many demos for the past 5-6 months and have been slowly tweaking the EA in order to achieve great results. My hopes are to be up and running live within the next month. Below you will see the same EA running on 2 different demo accounts. One has ran for a month and tripled the account while the other was on a smaller account and has performed exceptionally well the past 10 days. Below you will see the attachments as well as the address with the others.
https://www.myfxbook.com/files/FXTrader1983/459E2347EB0742E7BA90A71110024AE7.jpeg
https://www.myfxbook.com/files/FXTrader1983/D90688E2A6EE44F7AECC180C9CCB5CFC.jpeg
https://www.myfxbook.com/files/FXTrader1983/459E2347EB0742E7BA90A71110024AE7.jpeg
https://www.myfxbook.com/files/FXTrader1983/D90688E2A6EE44F7AECC180C9CCB5CFC.jpeg
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Apr 03 2020 at 12:40
Markets have all changed now. I think most strategies that worked over the last 12 months will be ruined over the next 12
Apr 04 2020 at 23:54
good knowledge on risk management and have a good trading strategy,then you can achieve it
Apr 12 2020 at 17:29
It's possible for many months and I have seen screenshots like that everywhere and I do not need to see anything like that entirely and clearly anyway. But each month this is absolutely not applicable for many many things absolutely.
Apr 29 2020 at 15:11
I usually asses any algo on an hourly basis first and foremost, then look at how it performs on a daily basis, this is where I am at so far on an initial 1k account, in the current market
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