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$200-100k challenge

Matt (BluePanther)
Jan 21 2019 at 14:51
1356 príspevkov
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

Hmm, not necessarily.
I was doing the same. I got killed on Jan 3 with Yen Flash Crash not because of my manual trades but because of EA trades.

Depending upon his strategy, he could achieve this!
I will also make a comeback: $50,000 to $13,000,000 and beyond!
vontogr (togr)
Jan 21 2019 at 15:45
4862 príspevkov
BluePanther posted:
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

Hmm, not necessarily.You bet?
I was doing the same. I got killed on Jan 3 with Yen Flash Crash not because of my manual trades but because of EA trades.

Depending upon his strategy, he could achieve this!
I will also make a comeback: $50,000 to $13,000,000 and beyond!

Propiphunter
Jan 23 2019 at 07:47
7 príspevkov
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

I too think this is not impossible and if you have a good strategy everybody could do it theoretically.. Just take your avg strategy and size up the positions.. DD is growing too ofc but who cares afterwards? I did some 600-36k account last year in just 2 weeks.. The only problem you get is that you overtrade at some point if its not automated. I risked way too much on NFP and lost all (lucky me I withdrew 10k before..). 100-100k in 3 months means your capital x10 every month - very doable if you ask me. I´m doing a tradingchallenge in 2019 too, some high returns but focusing on low DD
If you never try, you never know.
vontogr (togr)
Jan 23 2019 at 09:14
4862 príspevkov
Propiphunter posted:
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

I too think this is not impossible and if you have a good strategy everybody could do it theoretically.. Just take your avg strategy and size up the positions.. DD is growing too ofc but who cares afterwards? I did some 600-36k account last year in just 2 weeks.. The only problem you get is that you overtrade at some point if its not automated. I risked way too much on NFP and lost all (lucky me I withdrew 10k before..). 100-100k in 3 months means your capital x10 every month - very doable if you ask me. I´m doing a tradingchallenge in 2019 too, some high returns but focusing on low DD

That is the point. To make such insane profit each month you have to insanely risk each month.
The outcome is your account is wiped not multiplied by 10 or 100.

Propiphunter
Jan 23 2019 at 11:38
7 príspevkov
togr posted:
Propiphunter posted:
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

I too think this is not impossible and if you have a good strategy everybody could do it theoretically.. Just take your avg strategy and size up the positions.. DD is growing too ofc but who cares afterwards? I did some 600-36k account last year in just 2 weeks.. The only problem you get is that you overtrade at some point if its not automated. I risked way too much on NFP and lost all (lucky me I withdrew 10k before..). 100-100k in 3 months means your capital x10 every month - very doable if you ask me. I´m doing a tradingchallenge in 2019 too, some high returns but focusing on low DD

That is the point. To make such insane profit each month you have to insanely risk each month.
The outcome is your account is wiped not multiplied by 10 or 100.
If I am wrong then show me such accounts here on MFB.


like I said - it´s possible for sure and you have a great advantage if it´s an ea. If you trade that manually it´s possible too but the psychological factor is the critical one here. I saw an account growing x14 in like 30mins - everything is possible in Forex
If you never try, you never know.
kieran (snapdragon1970)
Jan 25 2019 at 22:53
1948 príspevkov
Well I know for sure it is possible because I seen it 200 euro to 10k in 3 months but that was trading the oil bull market 2016 ,I think it is possible with any distressed asset although I think it may be harder with FX unless you get un pegging or something drastic ,what they did was kept doubling up.They even gave me 5k for showing them how to trade it.Some stocks are doing really well since 3rd jan and eur/usd had a nice ride from 1280.
My best trade so far this year was buying NVDA at 125.779.
"They mistook leverage with genius".
The Fox (TheSlyFox)
Jan 27 2019 at 08:55
31 príspevkov
1.28 million dollar account is traded on personal computer yes, but through a VPS, much safer I don't have to worry about losing internet so my algos are always running to manage my risk, worth it when trading much higher amount of money. I apologize for lack of trading the past month--- I moved to dubai and am just getting settled in, will resume trading regularly in february, internet here sucks so will have to get another vps to trade on.
Slow and Grow or Fast and Blow
CtFx2019
Jan 29 2019 at 07:29
1 príspevkov
LongVision posted:
Sorry to say but 200 dollars to 100k is impossible.
Clearly you don't know how to properly compound 😭
vontogr (togr)
Jan 29 2019 at 12:39
4862 príspevkov
Propiphunter posted:
togr posted:
Propiphunter posted:
togr posted:
BluePanther posted:
nasrul_poyo posted:
Good luck. I saw 1 account grow from $1k to $100k within 2 years, and I hope I can do that. Trying hard to grow my $100 😂

This guy hopes to make $100 grow to $100k within 3 months:
https://www.myfxbook.com/members/fxsc1lper/high-return/2792135

It is possible, but the question is 'how?'.

The answer is he risk it all and will fail.
To produce big profit he is overtrading account with many positions on small deposit at the same time
So the end is nigh.

I too think this is not impossible and if you have a good strategy everybody could do it theoretically.. Just take your avg strategy and size up the positions.. DD is growing too ofc but who cares afterwards? I did some 600-36k account last year in just 2 weeks.. The only problem you get is that you overtrade at some point if its not automated. I risked way too much on NFP and lost all (lucky me I withdrew 10k before..). 100-100k in 3 months means your capital x10 every month - very doable if you ask me. I´m doing a tradingchallenge in 2019 too, some high returns but focusing on low DD

That is the point. To make such insane profit each month you have to insanely risk each month.
The outcome is your account is wiped not multiplied by 10 or 100.
If I am wrong then show me such accounts here on MFB.


like I said - it´s possible for sure and you have a great advantage if it´s an ea. If you trade that manually it´s possible too but the psychological factor is the critical one here. I saw an account growing x14 in like 30mins - everything is possible in Forex
Yeah, it is possible Earth will be hit by meteorite and we will all die.
But most likely this will not happen and you will not multiply your account
IndiTrader
Jan 29 2019 at 13:06
11 príspevkov
CtFx2019 posted:
LongVision posted:
Sorry to say but 200 dollars to 100k is impossible.
Clearly you don't know how to properly compound 😭

Technically it is possible but with proper risk management it will take decades to get from $200 account to $100k . Without proper risk management the $200 will probably be blown in a week
Propiphunter
Jan 30 2019 at 07:42
7 príspevkov
Only time will tell us :)
If you never try, you never know.
Matt (BluePanther)
Jan 30 2019 at 07:48
1356 príspevkov
togr posted:
Yeah, it is possible Earth will be hit by meteorite and we will all die.
But most likely this will not happen and you will not multiply your account

Agreed. Possible...but not likely.
I have yet to see one trader accomplish this with a real account on a regulated well-known broker.

I managed to change $50k - $13M over four months (25,900% gain).
$200 - $100k = 49,900% gain.

Which is 'only' 25,900% gain x 100%.
LongVision
Jan 30 2019 at 07:51
254 príspevkov
CtFx2019 posted:
LongVision posted:
Sorry to say but 200 dollars to 100k is impossible.
Clearly you don't know how to properly compound 😭

I say realistically because some traders envision a tradeable strategy as one that never loses a trade, never has a losing day, and atleast doubles your money every month. It’s nice to have lofty goals, but you’ll never find a strategy that meets those criteria.
The market will trade through it’s path of least resistance .
vontogr (togr)
Jan 30 2019 at 11:53
4862 príspevkov
BluePanther posted:
togr posted:
Yeah, it is possible Earth will be hit by meteorite and we will all die.
But most likely this will not happen and you will not multiply your account

Agreed. Possible...but not likely.
I have yet to see one trader accomplish this with a real account on a regulated well-known broker.

It is more probable you will win major prize in lottery
Because such thing is happening every week.

The Fox (TheSlyFox)
Jan 30 2019 at 12:50
31 príspevkov
I said it would take 2-4 years everybody, everyone is talking about massively increasing a n amount in just months, I strive for solid risk managent, and compounding over time, thats the best way to consistently have long term growth.
Slow and Grow or Fast and Blow
Nacho Vitale (nachovitale)
Jan 30 2019 at 12:58
1 príspevkov
This is what happens with all of 'supertraders' that claim to do those '100 to... challenge'.....😂
niceGLer
Feb 02 2019 at 07:54
169 príspevkov
I think those who have done this are not poking around and yelling about their achievement to the general public - with a few exceptions - it has been done in online poker, Chris Ferguson $0 to $10´000 challenge 2006-2007. Yet, that era was a golden time in online poker. Those guys are professionals so with no experience, I assume, such an endeavor is very likely to fail. And, if one has already money in trading there is no need to do such challenges..

Info about good practices in trading are hidden here and there, in bits and pieces. One has to bee smart enough to figure out what is relevant.
The Fox (TheSlyFox)
Feb 03 2019 at 08:21
31 príspevkov
No such thing as a super trader--- currently I am over leveraging my account so I can attempt to gain faster growth to hit the time period I set. I will scale back risk and go for a more conservative growth plan now---timeframe to 100k on this account has been extended based on new risk profile, it will take roughly 8-10 years.
Slow and Grow or Fast and Blow
niceGLer
Feb 03 2019 at 09:22
169 príspevkov
TheSlyFox posted:
No such thing as a super trader--- currently I am over leveraging my account so I can attempt to gain faster growth to hit the time period I set. I will scale back risk and go for a more conservative growth plan now---timeframe to 100k on this account has been extended based on new risk profile, it will take roughly 8-10 years.

Do you mean that you are scaling back your risk intermittently? I want to ask if you act according to the market situation, risking more in a favorable position, and then cooling down, if necessary?
niceGLer
Feb 03 2019 at 09:36
169 príspevkov
TheSlyFox posted:
I said it would take 2-4 years everybody, everyone is talking about massively increasing a n amount in just months, I strive for solid risk managent, and compounding over time, thats the best way to consistently have long term growth.

Now, there is a little bit of flesh on the bones, for everybody:

https://www.purplemath.com/modules/expofcns4.htm

I'm too dull to employ this kind of sh**, but trial and err works too ;)

The reason for the latest big loss seems to be an overnight position, which has been left open. That's a quick conclusion I made.
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