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BluePanther
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BumbleBeeFX_Pro
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Nov 26, 2014 at 17:56
"Fake" money is the only way to "make" money.
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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Nov 26, 2014 at 05:04
@alexforex007: yes, accuracy helps LOTS. eg. 50% loss = 100% gains to recover@Cholipop: yes, risk is VERY SUBJECTIVE. But ultimately, 100% of invested funds are always at risk. To have 0% risk is to not invest at all (in my subjective opinion 😀).
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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新手交易員
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Nov 24, 2014 at 12:34
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").
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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新手交易員
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Nov 23, 2014 at 19:23
@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 happen...
ForexCapt_
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Nov 18, 2014 at 18:20
Progress so far... seems to go okay on default settings. I'm wondering if different settings will yield better results?http://www.myfxbook.com/files/BluePanther/Clipboard01_SD.jpg
Contest - FinnanceEngineer
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Nov 17, 2014 at 15:46
Off to a good start! Hope it continues!
Booster
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Nov 14, 2014 at 20:09
Is this manual or automated? Please share details!Excellent performance (but high drawdown). Nice job!
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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新手交易員
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Nov 14, 2014 at 20:05
Obviously, yes. But you either have to be mighty lucky, or you have a very good system that you trade with a high degree of accuracy / success.You are trading smart. I have achieved over 100% in four weeks on two separate occasions at least:-once I subscribed to a signal service from IAMFX called Yanema (UMAM account), which only traded EURUSD and had a maximum of five or six open trades ever. Usually very accurate but on some days it had drawdown. I had funds of about $70,000 which essentially doubled to almost $130,000 (not quite 100%...?). Well, they wiped all their profits in the first day...
Yen Fortress (Closed)
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Nov 14, 2014 at 08:39
Thanks Falcon. My original comment was meant "tongue-in-cheek" - I should have added 😝.Perhaps I over-reacted to Hans' comment too... (sorry)End of the day: a system will prove itself - critics and detractors ultimately have no bearing on the performance."He who laughs last, laughs the hardest." (by proving critics wrong). I hope you have the last laugh. 😁
Yen Fortress (Closed)
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Nov 14, 2014 at 07:38
Ty Falcon. I am glad your second response was more useful to my ignorant (yes, it was) comment. I guess my comment was made out of sheer "intimidation" at the torrent of information you provided in the opening post and the "glowing" review. You do not know how many times I have read such "positive" reviews of systems (or perhaps you can hazard to guess?). Any wonder I am running scared?I just might for now... I don't know why either. It does look like a good system, but I am very cautious of signal services... they have a nasty habit of taking my subscription,...
Yen Fortress (Closed)
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Nov 14, 2014 at 07:20
I'm thinking... non-correlated? How is GBPJPY and GBPJPY "non-correlated"?...and making generalisations like "95% of people buying commercial EAs don't know what it means" - you are avoiding critical analysis of the system and trying to make this a personal argument. If you know so much, why don't you please explain?You would do well to support your "friend" by providing helpful answers, rather than insulting the intelligence of skeptics.
Yen Fortress (Closed)
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Nov 14, 2014 at 06:59
The slick marketing spiel has got me running the other way... GBPJPY only? Non-correlated? 15 EAs? Yep, sounds like the usual "marketing gimmicks" promoters try to push to sell their EAs / PAMMs / signal subscriptions.Or maybe it is the way the system is described: so "glowingly positive" - if it sounds too good to be true it probably is.
ForexCapt_
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Nov 14, 2014 at 06:51
Just wondering why the Official Account has not updated since 12 Nov...
ForexCapt_
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Nov 14, 2014 at 06:11
Yes, martingale for the recovery trade - and yes, like GPS. 😎I have purchased a copy and am testing it on demo as we speak. This account seems too good for me to pass up! Well, I figured I have lost heaps in my own dumb attempts at trading, why not spend $230 on an EA which may actually prove worth it (and make all my money back)? And 'what the heck' - you only live life once. 😉See my real account 313166 in six months' time and if it is not "considerably" larger, then chances are this EA didn't work for me.😞So far the vendor has been quite prom...
I want only a safe 4% each month... Which EA?? Thank you
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Nov 13, 2014 at 09:18
The real question is: Why would a person want to settle for only 4% pm when they risk 100% of their account every day?People "think" their system is limiting risk to 1% or 2%, but in reality your entire account is at risk at all times, hence the common disclaimer by all brokers involved in forex:"15. No Guarantees of ProfitThere are no guarantees of profit or freedom from loss in Foreign Exchange Trading. Client has received no such guarantees from FinFX or from any of its representatives. Client is aware of the risks inherent in Foreign Exchange Trading and is financially able ...
I want only a safe 4% each month... Which EA?? Thank you
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Nov 11, 2014 at 19:15
Strange how this topic is posted in the "Experienced Traders" section.'It is impossible to soar like an eagle if you are surrounded by turkeys.' Anon
I want only a safe 4% each month... Which EA?? Thank you
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Nov 06, 2014 at 04:55
"I want only a safe 4% each month... Which EA?? Thank you"So you want to risk 100% of your money for only a 4% gain every month?Forex is not "safe", so you should look at other investments.Trust me: I'm speaking from first-hand experience.
PGEA (DEMO 6347782)
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Nov 01, 2014 at 01:54
The broker didn't like the "excessive" server messages caused by this EA on "fifty" different pairs.I had reached 40,000 pips prior to closing all open positions, hence the final 36,000 pips and 2% loss in the last month.
KeltnerPRO - Jared
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Oct 31, 2014 at 09:51
I have been focusing on negatives too much I think.It is about time I should start focusing on making profits instead. 😝
KeltnerPRO - Jared
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Oct 31, 2014 at 03:02
@gftcfd Thanks for responding with that information. I still encourage you to share your system on here - you can block out as much information as you wish, but it does help to have a independent system to compare against the vendor's.
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