MyFxBook, who is a millionaire?

Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn

DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn

https://www.myfxbook.com/members/Kondakov/kondakov/161617

rahiths posted:

DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn

https://www.myfxbook.com/members/Kondakov/kondakov/161617

Russian broker, lol.

If you own a mt4 server you can publish anything you want too.

rahiths posted:

DarbyCecil posted:
Yet I never see the millionaire Forex trader. However, I believe it is possible to earn million $ by Forex trading. There is no limitation for money earning. Therefore, by a good trading skilled it is possible to earn huge profit. Personally, I am a new Forex trader. So it is time to learn

https://www.myfxbook.com/members/Kondakov/kondakov/161617

Scam:
https://www.realscam.com/f8/mmcis-investments-mmcis-investments-com-2183/
https://forbes.ua/magazine/forbes/1342966-mmsis-istoriya-odnoj-piramidy

@marcelcorzo1

LOL, Kondakov got and article on Forbes. Thanks for making my day.

Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.

Garry

Does someday count? I promise to be one someday.😉

Haha thats what Ive been telling myself for the last 13 years. I'll get there one day.

I'm sure you will Juham, good luck and dont forget that also you 1 day can look back and tell yourself, I'm so glad I didn't give up :-)

Professor53 posted:
Griddiing with a EA is safe only if your looking for safe slow growth. Martingales help some, but becareful.

Garry

Totally agree, and also that each followup order on for exmaple gridstyle-trading should meet certain requirements as well. Ofrcourse 99% of those systems don't work or it takes to long to ever come back to a point of breakeven if lucky. They always work in the wrong way, they simply apply those tactics with only this requirement of having it x pips away from last order... so eventually you will have 10 open orders, and each 100 pips for example apart... My own grid systems are perfect and I believe one of the few systems in the world only, which is why it's something what will never be for sale as an EA... too scared people crack the code ;)

Regarding martingale... Imagine a real acocunt with 1:500 leverage on it, with a balance of $1,000,000 USD and start with first order only 0.01 lot on EURUSD.. I dont see any problem, with having this martingaled if next order is at least 200 pips away from previous order... only one downside, need to be able to have such amount which some dont have, as well as being patience, as sometimes it can take days, weeks or even a few months to get back at breakeven point (or profit)

rob559 posted:
this place is not for millionaire this is for wannabes'one

right, therefore I have just started my new proyect with the goal to let grow my account from 700 US to 1 million in 7 years.
If you are interested to know more, please get in touch by inbox.

Wannabe here..

If you know a successful strategy on which you are confident of making more than 80% monthly than look what mathematics says: You put $100 in an account, do not have emotional feelings attached with it and grow it according to your plan. You can make guess what $17,912,739.61 only trading for 24 months (2 years).

why do people want to be millionaire, if we can live with less, I prefer to gain softly and consecuently than getting a big price and spending it at once ;)

18 million would be a fine amount :)