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is it possible to turn $100 to $1000 in 4 weeks ? (real account)

myfirstmillion (myfirstmillion)
Dec 24 2014 at 08:11
61 príspevkov
tankbeta posted:

100% sure this guy is not making money in forex.



Eheheh, I agree.
The best way to stay in peace is to think that if he cannot make profit than nobody can.
Forex is the place were sharks go for happyhours. It's very difficult for a retail to eat with them.
There is only one key:
- Money management, low leverage

if something works don't change it
Jeffreyh13
Dec 24 2014 at 11:50
1 príspevkov
entrophi
Dec 24 2014 at 13:43
2 príspevkov
Mine probably scores relative. Broker's bank acct page doesn't work so only using credit/debit cards and the turnaround time is terrible. 125% max withdraw of the deposit so things move slow.


myfirstmillion (myfirstmillion)
Dec 24 2014 at 13:45
61 príspevkov
Jeffreyh13 posted:
Very possible.

It's possible also to cross the street without looking right and left... but why you should do it?
One time you reach the other side of the street, one time you die under a tir

if something works don't change it
BluePanther (BluePanther)
Dec 24 2014 at 16:46
1351 príspevkov
tankbeta posted:
100% sure this guy is not making money in forex.


Not sure where you get that idea from (his account shows otherwise):
https://www.myfxbook.com/members/MyFxTrader/pft/1099879

But if you were to refer to me, I can verify this 100%. Which is better than most pps who say they are 'making money trading forex' (I definitely ain't). 😉

Do you think I would be hanging out here with 'chickens' if I was 'an eagle'? 😉

myfirstmillion (myfirstmillion)
Dec 25 2014 at 07:54
61 príspevkov
BluePanther posted:
tankbeta posted:
100% sure this guy is not making money in forex.


Not sure where you get that idea from (his account shows otherwise):
https://www.myfxbook.com/members/MyFxTrader/pft/1099879



58% DD in less than 1 month...Too risky grid system, you can see many gold positions open at the moment with 20% DD.

if something works don't change it
suriani (suriani)
Dec 25 2014 at 07:56
18 príspevkov
BluePanther (BluePanther)
Dec 25 2014 at 08:06
1351 príspevkov
myfirstmillion posted:
https://www.myfxbook.com/members/MyFxTrader/pft/1099879
58% DD in less than 1 month...Too risky grid system, you can see many gold positions open at the moment with 20% DD.


You have a valid point there. But some may argue that you gotta take considerable risk if you want to make over 11% per day.

Personally, I agree with you - I have seen massive gains with lower (safer) drawdowns.

netzarada
Dec 26 2014 at 07:26
35 príspevkov
myfirstmillion (myfirstmillion)
Dec 26 2014 at 07:27
61 príspevkov
BluePanther posted:
myfirstmillion posted:
https://www.myfxbook.com/members/MyFxTrader/pft/1099879
58% DD in less than 1 month...Too risky grid system, you can see many gold positions open at the moment with 20% DD.


You have a valid point there. But some may argue that you gotta take considerable risk if you want to make over 11% per day.

Personally, I agree with you - I have seen massive gains with lower (safer) drawdowns.


The fact is that 58% during days with low volatility means that the account was very next to margin call, very few pips from blowing up.
I call this lucky, not trading. December was a very low volatility month and the trend followed the trend of the last month (Strong USD, weak EUR).
When EU will go to 1.2750 in a very few days, all this december guru will disappear. I'm sure, I've seen it many many times in my life. ;-)

if something works don't change it
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