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

I did it in a 24 hour period. Used 500:1 margin. Traded UDS/JPY. When you get over $200 all you need is 80 pips trading 1 lot.
It's not hard to this. The hard part is keeping that money. Trading aggressively is not a recipe for long term success. I know from experience.

Hi BoneTrader,

You can reach your target, I think.

+ But if you can control and minimize your max drawdown to 30% (better around 20% - 25%) and relative drawdown to 35% at all times, control your emotions, then, just open a PAMM Account at some reliable brokers, offer your PAMM service with a performance fee around 20% - 30% maximum, then, you will get rich soon, while feeling happy because you also help other newbie traders as well as pure investors to make profits along with you.

+ So, why not do meaningful things, right ?

+ Keep me informed via my email: [email protected] once you have above intentions. Any good and consistently profit making traders, please email me to tell about your PAMM Accounts for me to check and join. Thanks.

Have a nice weekend to all !

James

In trading less is more, less trading is better, because you minimize your exposure.

jamesphuc posted:
Hi BoneTrader,

You can reach your target, I think.

+ But if you can control and minimize your max drawdown to 30% (better around 20% - 25%) and relative drawdown to 35% at all times, control your emotions, then, just open a PAMM Account at some reliable brokers, offer your PAMM service with a performance fee around 20% - 30% maximum, then, you will get rich soon, while feeling happy because you also help other newbie traders as well as pure investors to make profits along with you.

+ So, why not do meaningful things, right ?

+ Keep me informed via my email: [email protected] once you have above intentions. Any good and consistently profit making traders, please email me to tell about your PAMM Accounts for me to check and join. Thanks.

Have a nice weekend to all !

James

Hello! Please do not consider me of being rude or something, but u seem not to be very competent in neither investing or trading. I don't want to say that I'm very competent or expert in any of these fields, but I have my own view on both of them which I'll try to briefly explain.

First of all - there is no way to get 1000% per month with 30% drawdown and do it for many, many months. Just in a 3 months 10.000 will turn to 10.000.000. Excluding trader's 'wages' pure profit for investor would be 9.900.000 * 0.8 = 7.920.000 while traders profit would be 1.980.000.

And its just in 3 months. Starting with 10.000 only. But can you imagine how many people are ready to risk with 10.000 to get even 5 times more in a month? 25 times more in two and 125 times more in three months? It would be many many many 10.000 at once.

If I show ideal 20% drawdown for a long period of time and decent 500% profit per month for two months, a lot of people would risk their money, maybe not 10.000, but total sum would be great. But they won't know what is the risk. It's hard to realize that there is 100% loss risk, when you see green statistics which could solve all your problems at once.

I'm investing money myself too, and I know what I'm talking about. There is no 'stable' way to get any kind of profit for middle-to-long term. You always have to manage your capital, no matter how small it is. You always have to summarize profit/loss, calculate risks and set up your investments. And very small part of it might be considered as ultra-high-risk-investment.

These project - 'Booster', I risk only 100$ and the time, which is more valuable for me. Investor's in such case would risk only money.

For now I see that both my 'investments' have prospered - I got +850% pure gain, got 150% from rebates, but what is more significant for me - well, now I'm confident that my approach is not totally wrong :) And my time was not wasted!

For me such kind of project is very similar to HYIP logic - it is high risk, but reward is proportional to the risk. I have tried to invest in several HYIPs and I do not understand how people are ready to risk their money with that trash.

I'm thinking of opening PAMM, but I do not want everyone to join it. I want people to realize the risks. I want the people to say 'Hey, that's the guy who helped me to get some money' and not 'hey, that's the idiot who lost my money...'. It will not be invest-and-forget type project, it will burn, and again, and again. Because I can see that there is chance to grow investment for several times, but it is not stable and there always will be situations when I would lose my balance. but with a correct money-management approach I'm not going to lose my deposit. And any investor should be ready for working with such project. In such case we might start again and again, each time getting priceless experience and maybe good money too :) And as a result it all will become stable and profitable for everyone, well at least I trust that it is possible.

alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?

https://www.myfxbook.com/members/ekscalping/chantikaeav10/1077548

BoneTrader posted:

jamesphuc posted:
Hi BoneTrader,

You can reach your target, I think.

+ But if you can control and minimize your max drawdown to 30% (better around 20% - 25%) and relative drawdown to 35% at all times, control your emotions, then, just open a PAMM Account at some reliable brokers, offer your PAMM service with a performance fee around 20% - 30% maximum, then, you will get rich soon, while feeling happy because you also help other newbie traders as well as pure investors to make profits along with you.

+ So, why not do meaningful things, right ?

+ Keep me informed via my email: [email protected] once you have above intentions. Any good and consistently profit making traders, please email me to tell about your PAMM Accounts for me to check and join. Thanks.

Have a nice weekend to all !

James

Hello! Please do not consider me of being rude or something, but u seem not to be very competent in neither investing or trading. I don't want to say that I'm very competent or expert in any of these fields, but I have my own view on both of them which I'll try to briefly explain.

First of all - there is no way to get 1000% per month with 30% drawdown and do it for many, many months. Just in a 3 months 10.000 will turn to 10.000.000. Excluding trader's 'wages' pure profit for investor would be 9.900.000 * 0.8 = 7.920.000 while traders profit would be 1.980.000.

And its just in 3 months. Starting with 10.000 only. But can you imagine how many people are ready to risk with 10.000 to get even 5 times more in a month? 25 times more in two and 125 times more in three months? It would be many many many 10.000 at once.

If I show ideal 20% drawdown for a long period of time and decent 500% profit per month for two months, a lot of people would risk their money, maybe not 10.000, but total sum would be great. But they won't know what is the risk. It's hard to realize that there is 100% loss risk, when you see green statistics which could solve all your problems at once.

I'm investing money myself too, and I know what I'm talking about. There is no 'stable' way to get any kind of profit for middle-to-long term. You always have to manage your capital, no matter how small it is. You always have to summarize profit/loss, calculate risks and set up your investments. And very small part of it might be considered as ultra-high-risk-investment.

These project - 'Booster', I risk only 100$ and the time, which is more valuable for me. Investor's in such case would risk only money.

For now I see that both my 'investments' have prospered - I got +850% pure gain, got 150% from rebates, but what is more significant for me - well, now I'm confident that my approach is not totally wrong :) And my time was not wasted!

For me such kind of project is very similar to HYIP logic - it is high risk, but reward is proportional to the risk. I have tried to invest in several HYIPs and I do not understand how people are ready to risk their money with that trash.

I'm thinking of opening PAMM, but I do not want everyone to join it. I want people to realize the risks. I want the people to say 'Hey, that's the guy who helped me to get some money' and not 'hey, that's the idiot who lost my money...'. It will not be invest-and-forget type project, it will burn, and again, and again. Because I can see that there is chance to grow investment for several times, but it is not stable and there always will be situations when I would lose my balance. but with a correct money-management approach I'm not going to lose my deposit. And any investor should be ready for working with such project. In such case we might start again and again, each time getting priceless experience and maybe good money too :) And as a result it all will become stable and profitable for everyone, well at least I trust that it is possible.

so happy now?

BoneTrader posted:
901.25$ and one more day to go! Not sure if I can make it, but I got close to the goal... 🙄 😉

 Then you have a look at the account, and you see the huge spike down. He lost all of his profit, although he was not claiming to have the holy grail, the reality is that bias trading caused him to take a big trade which he didn't respect the price action, and he got hammered. :(

alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?

Of course it's possible, but it's highly risky. Not only $100 to $1000 in 4 weeks, You can also turn $1 into a million dollars quickly if you play it perfectly. many people keep asking profit that they could get but never ask how much that they could loss.

@BoneTrader : Good response. All considered, if you turn your $100 into $1000 in four weeks you now have 10x your starting capital. This can be thought of as 10x the chances in case things go wrong. In any case, it looks like the odds are in investors' (your) favor, since it would take 9x of failed accounts to bring you back to your original account balance, but if you were successful in your 10th account you would again have another 10 chances to succeed.

That is thinking simplistically and optimistically. I guess the probability to succeed would be more like:

Probability of an event happening = Number of wanted outcomes / Number of possible outcomes
= 1 (win) / 2 (buy or sell)
=0.5 or 50%

And with an 83% success rate out of 588 total trades (as at 17 Nov), then we need to multiply each outcome to get our probability of a successful account:

488 winners, 100 losers...

Successful trades:
=0.5 x 0.5 x 0.5 x 0.5 x 0.5 x 0.5... (488 x)
=0.5^488
=1.2513019344894381e-147 (or 1.25 preceded by 147 '0's)
=0.00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000012513019344894381

Unsuccessful trades:
=0.5 x 0.5 x 0.5 x 0.5 x 0.5 x 0.5... (100 x)
=0.5^100
=7.888609052210118e-31 (or 7.88 preceded by 31 '0's)
=0.00000000000000000000000000000007888609052210118

First, we multiply 0.5^488 (the chance of getting wins 488 times) by 0.5^100 (the chance of getting losses 100 times) with each other:
0.5^488*0.5^100=0.5^588

Then, we multiply that product by all the different combinations of 488 in 588:
=588!/((488!) x (100!))
=6.49460168 E+1374 / 5.708736216 E+1101 x 9.332621544 E+157
=??
=0.5^588* ?? = ???

I don't know... seems the number is so insignificant (I get 'infinity') that the probability of doing this over and over is very slim indeed (and I am only calculating the probability of one successful four week period). I tried to use a few online calculators to do the sums - anyone is welcome to correct me if I am wrong. I know my maths is flawed.

You might be better off playing the lottery. 😝

@Matt: :)) Nice calculations, it reminded me of one of discusses with friends regarding 'probability of getting XX times black/red in a row in roulette' or 'probability of rolling '6' on dice XX times in a row'. Although we could not get to consensus, we had distinct two versions, both were more or less good. One was doing calculations like you did and getting very small probability of doing that. Another said that each roll of the dice or roulette was separate case and probability in each case had to be calculated separately and was something like 50% for roulette and 1/6 for dice. :)

Anyway for my case your calculations are still not acceptable, as you do not consider price values and indicators. Your calculations would be right (more or less, as variant #1 from above mentioned discussion) if I was opening trades absolutely randomly. But I'm still using some indicators and chart for each trade, and that's making system very complicated to calculate possibility as you did above.


@EveryoneOther: Hello guyz :) Yes, I failed. No I'm not happy. But did any of you expect this to last forever? Sorry to frustrate your expectations then... 😈 But that was my experiment, and it succeed! It is not over, just part 1 finished, well a bit earlier then I expected, but it had to happen, otherwise I had no chance to move to part 2.

Ok, let's forget a bit of me and let's talk a bit about you, all of you who is trading or ever traded. Talk about 'the standards' of trading, like 'having drawdown of 20% max' or '2% max risk per trade' or 'TP should be 3 times more then SL' (😁 sorry, always laugh at this point 😁).

Imagine of 1000$ on trading account. 2% risk per trade is 20$. TP 3 times more then SL is 60$ win or 20$ loss. 20% max drawdown is 200$ or 10 trades which should bring up to 600$ if follow rule #3. Now try to concentrate and answer following question - Why the hell do you keep other 800$ at broker account? and another one - Are they 100% safe from loss even if you follow all of the rules?

Now look back at my 'Booster' chart. How much I lost? it says that only 4%, but even that's not true as I got at least 2.5 times more from rebates. Consider me having 1000$ on account and going in 0.4% drawdown at the moment :) and making 25% of profit. It's much better picture, but the truth is that reality doesn't change from any point of view.

If someone could not get the message in above post was - 95% of traders are not successful, so you need to start think different to succeed.

BoneTrader posted:

Ok, let's forget a bit of me and let's talk a bit about you, all of you who is trading or ever traded. Talk about 'the standards' of trading, like 'having drawdown of 20% max' or '2% max risk per trade' or 'TP should be 3 times more then SL' (😁 sorry, always laugh at this point 😁).

Totally agree with you. 'Experienced traders' always say those things, but 'the only difference between experienced traders and new traders is that the former has lost more money' (in other words, it hasn't worked for them, yet they preach this as the Golden Rules which should be obeyed to survive profitably long-term).

BoneTrader posted:

Imagine of 1000$ on trading account. 2% risk per trade is 20$. TP 3 times more then SL is 60$ win or 20$ loss. 20% max drawdown is 200$ or 10 trades which should bring up to 600$ if follow rule #3. Now try to concentrate and answer following question - Why the hell do you keep other 800$ at broker account? and another one - Are they 100% safe from loss even if you follow all of the rules!

I agree once again: traders should make full(er) utilisation of their margin - 1% gains a month (or even day) is PATHETIC! I remember reading an ebook from a successful trader who used 1 Standard Lot per $1000 in his account (I think the book was '$1000 to $1 million in 80 days').

The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.

alexforex007 posted:
The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.

 I couldn´t agree with anyone more. The reality is people preach MONEY MANAGEMENT, but the only reason why their money management is so strick is because their system lacks accuracy. If their system had it, then they would be able to be exposed more to the market instead of risking all those pips only to end up paying a ton of money in swap.

Cholipop posted:

alexforex007 posted:
The most important thing is accuracy. It doesnt really matter if you are risking 2% or 10% per trade if you are not accurate.

 I couldn´t agree with anyone more. The reality is people preach MONEY MANAGEMENT, but the only reason why their money management is so strick is because their system lacks accuracy. If their system had it, then they would be able to be exposed more to the market instead of risking all those pips only to end up paying a ton of money in swap.

Yes,agreed with this.

The time to enter and the time to exist. Might you guessed the right direction but too late to react for getting out at the right time,you still turn your win to lose...

alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?

It is possible.
But for small amount it is not worth it.
For big amounts it is too risky.

Yes you can even make 50,000 in 0ne week. though its very risky,
If you trade without MUCH RISK, THAT IS A REASONABLE RETURN.

Disregard my first post, yes its VERY POSSIBLE TO DO THAT 4 WEEKS.

togr posted:

alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
i still believe its Possible To Do, even in real account.
what do you Say Fellow Trader? anyone did in real account?

It is possible.
But for small amount it is not worth it.
For big amounts it is too risky.

 Why would it be MORE RISKY if you maintain the same money management no matter how much is in the account. Your mentality is why most of your accounts have a huge drawdown with such a high yield %. Money management should NEVER change, no matter how much you have in your account. If I have 100 usd or 250,000 I would expose x amount of margin to get the same % for risk as to reward. The formations which you wager on should not change either.