BluePanther's Posts - Page 41

Im lose... in New Traders Jan 06, 2015 at 10:03

Aha, Tomas is an MFB moderator... that explains everything! 😉Yeah, Tomas is alright. We all have our reasons for being here - at least, I think I have a reason for being here... To find the Holy Grail! (which doesn't exist!) 😎This question should be asked of anyone that claims they are "successful" in forex (not just Tomas). Be kind but critical.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Jan 06, 2015 at 09:23

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Jan 06, 2015 at 05:47

...for those that didn't read this thread in its entirety:

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Jan 06, 2015 at 05:44

I may be a "great poster" but I certainly do not "inspire" others to want to trade. Click my name and you can see how many accounts I have blown. That should be a serious discouragement to those thinking of "taking a dip" to think twice.But if you are speaking of yourself, you ought to be more realistic and honest. People like you - that only share profitable accounts and hang around in forums with the 99% of losing traders - are either of two things:a) have not truly "made" it in forex (or else you would be elsewhere and enjoying your money), orb) have ...

Im lose... in New Traders Jan 05, 2015 at 18:53

I would consider 5% to be very optimistic. Try 1% or less of ALL traders (institutional and retail), and less than 1% of retail traders alone.And anyone can "say" they have succeeded (kudos to you), BUT:a) Can you back up your claims? (not that you need to prove yourself to anyone but you)b) Why would a "made-trader" hang around in forums with the 99% losers? (Isn't it monotonous, the same disbelievers and critics drivelling the same arguments and personal attacks? Or do you have a sick pleasure stirring up losing traders with further "promises" that "any...

Im lose... in New Traders Jan 05, 2015 at 08:21

Totally agree. But folks don't realise they risk their ENTIRE DEPOSIT - they think they "limit" their risk by using stoplosses, but if you choose a dodgy broker (80%+ are dodgy as indicated by their jurisdiction of regulation eg. Cyprus) then you can kiss your money goodbye. Even choosing a "safe" broker you have little better chance. I agree with TSA: you need huge margin, but most retail traders start out with much less than $1 million (does anyone start out with that much, really?)Forex is a GUARANTEED LOSS, unless (like TSA said) you start with over $1 million - per...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Jan 05, 2015 at 06:19

Nothing!Oh, you are sincerely asking? Well, I guess there are many lessons I have learned:- manual trading is a waste of time- which EAs I prefer and which I don't- which strategies I like, which I don't- the power of leverage (both good and bad)- that despite differences, use a demo account for testing (not a real account)- binary options are a pure scam, and forex is not much better- be positive, but always realistic- no one cares, and nothing matters.I could elaborate, but I hate boring others and myself. I'm not doing it so much for the "learning", but more for the be...

Im lose... in New Traders Jan 05, 2015 at 05:48

Theoretically you are correct, mathematically that concept is flawed. For example, a loss of 10% would require a gain of 20% to recoup original equity. One cannot predict the outcome of a trade and therefore you cannot adjust risk to favour the winners.

Im lose... in New Traders Jan 05, 2015 at 01:55

No sane person would risk $1 million. Lead by example, or else don't make assumptions.

Im lose... in New Traders Jan 05, 2015 at 01:51

Because I am a fool.Because I want to prove a point.Because I have no real purpose to my life.What about you? A good question that every retail trader should ask themselves.

Im lose... in New Traders Jan 04, 2015 at 22:59

You can't win in forex. Anyone that thinks you can make a living or retire from forex trading is a fool. The only winners in the forex game are brokers and banks.Why do you think that everyone still avoids forex trading after over ten years forex retail?The risk disclaimer is a legal loophole to permit downright theft.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Jan 02, 2015 at 17:49

I would encourage you to try this any time. For me, I got to $0 quicker than I got to $1000, but it works!If it works going to $0 it surely must work going the other way too! The broker wins lots as well, so please make sure you use a real account and help the broker win more. The bank is also a big winner.Just make sure you stay positive and have a good feeling of giving to others: it is really a fantastic feeling knowing you have no purpose in life except to provide for other people. I really hope they enjoy life more because life can be really depressing.Stay positive - don't stop if yo...

Im lose... in New Traders Jan 02, 2015 at 17:46

Absolutely! Stay positive! I just lost my account again, and I am on track to lose over $500k since I started forex in 2008.Great stuff! Fantastic really! Forex is the best investment there is!I can teach you to trade like me but it will cost you a lot of money (and I don't mean tutoring costs).

EA Happy Gold (Closed account) in Trading Systems Dec 30, 2014 at 03:43

Vendor kindness is no replacement for EA performance!Although I was pleasantly surprised at the vendor's gesture, it is a mere "token" effort if the EA does not do what it is supposed to do (namely "make money"). My backtests have been less than satisfactory, and I have sought assistance from the vendor.But for now this EA is no longer my priority. It may work for some but hasn't worked for me. You can see order times are very small - average trade length is noted at 34 minutes, but take a quick look at the statement and you will see many at 0s. Some call this a tic...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Dec 26, 2014 at 17:03

Yes, thank you for validating my statement (glad to know I'm not totally insane). You may not find "many" systems provided here in answer to this thread, but you will find many systems "out there" that promote such "extreme" ROI.The "real" questions are:1. Can this be achieved on a consistent basis over an extended period?2. Can an automated strategy be proven to achieve same?3. And would any broker permit such regular success?The verdict is out on this one.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Dec 26, 2014 at 11:42

I thought you might ask for evidence - and fair enough, surely others would ask the same question. But surely I have seen it more than once (as surely as you find many "scam" brokers who allow this), and not necessarily here but on other system pages, and many have been either removed or "privated".My point is: this thread's question has been answered (either by BoneTrader, Ekscalping, yourself, or others). Let us go beyond this first question and ask another question:1. Can this be achieved on a consistent basis over an extended period?2. Can an automated strategy be p...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Dec 26, 2014 at 10:14

I think many have already proven this is possible. It is pointless proving an already proven point.What we should really be asking is: "Is it possible to make 1000% monthly return on a consistent basis?"I have yet to witness someone prove this point.And further to that, I have yet to see someone automate a strategy to meet this challenge. This is no easy task...In the words of a late American President: "We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will ser...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Dec 25, 2014 at 08:06

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.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Dec 24, 2014 at 16:46

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

EA Happy Gold (Closed account) in Trading Systems Dec 23, 2014 at 11:27

This is how all good vendors should treat their loyal customers... Thank you very much! 😎This shows a number of things, including:- the vendor has good confidence in his product - and quite possibly makes profits "trading" rather than "selling"!- the vendor has good morals and integrity, returning favor to the buyers who showed faith in purchasing their product.http://www.myfxbook.com/files/BluePanther/m_Yu.jpg

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Posts by BluePanther