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20 trades to become millionare - is it possible?
em
Novos Negociantes
Jan 14, 2020 at 10:11
@MEFXBK glad you agree, strategies of this nature can often mislead new traders and help fuel the high failure rate in this industry. If your comment about a hedge fund is truthful, drop me a message. I am currently evaluating the options of founding my own vs joining another. Would be keen to speak.
20 trades to become millionare - is it possible?
em
Novos Negociantes
Jan 10, 2020 at 09:20
OK, I quickly made a spreadsheet to just hopefully visualise the basic mechanics of this flawed system.Take profit +20 pips, stop loss -50 pips:https://prnt.sc/qlpptmTake profit +20 pips, stop loss -20 pips:https://prnt.sc/qlpqldOne other thing I would point out is that this is not truthfully Martingale, as Martingale doubles upon a loss, NOT upon a win, so it means your eventual winners are double your previous losses. THIS idea means your eventual loss is double your previous wins lol
20 trades to become millionare - is it possible?
em
Novos Negociantes
Jan 09, 2020 at 16:27
Just a gentle note to all new traders who may be looking at this thread for their own research.Please do not listen to MEFXBK, or attempt this strategy with real money. Please by all means DO attempt it with a demo account, and then come back to show fellow New Traders what it looks like!Martingale is dangerous for all but the very largest bank balances. You cannot simply turn $1,000 into $1m in 20 trades. Think about it, if making a million dollars was REALLY that simple, why would this forum be filled with thousands of people trying to even just make 20% a year.Be vigilant, and always apply ...
PAYBACKFX
em
Serviços de Programa de Descontos
Jan 09, 2020 at 15:22
Good platform, easy to use with mobile apps, and PayPal. Pair this with a good high volume trading EA and you can pull a few thousand dollars a month in commission for your plan money.
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