No system utilizing these high leverage and position sizing can survive 3,4,5 losers in a row.
The inquiry is:
IS IT GOING TO BE 3,4,5 losers in a row?
We'll see...
No system utilizing these high leverage and position sizing can survive 3,4,5 losers in a row.
The inquiry is:
IS IT GOING TO BE 3,4,5 losers in a row?
We'll see...
Everything is possible...I think when there's A WILL there is A manner
Good luck bro...I'm completely supporting you
About july 5th 2006, I started an experiment to find out whether it is possible to create some equity starting with funds employing one egy with risk. I started with a live trading a 1000 USD dollar mini-account and right now the equity is currently at up 12.553.17 USD.
So that is quite nice, but:
- This is an expermiment and that I was focussed on my real trading, therefore I was 100% emotionally detached (as you needs to be).
- Half way down the road I suffered a 45 percent drawdown.
So keeping this up on the same amount would mean that the account will be at 144 kUSD following july, we'll see
But this expermient made me understand that it is likely to grow a little account into big dollars with patience, diligence and plogical control. Nevertheless, at a certain point your balance grows to a point that it is going to affect you emotionally and you are going to have to decrease the risk.
But starting Foreign Exchange with less than 1000 USD is crazy and is giving money away. But I think 5000USD is an absolute minimum to start.
So I'd say 100 to 100.000 is quite unlikely...
yeas I noticed a number of those thread here. Why their thread is away there's many factors, I don't know.
I'm not Thomas Edision but I have a goal like him
It doesn't demone the initial deposit ^_^
Can you recall me what was the initial deposit of this account, and when it was live or demo ?
Anyway, the equity curve appears quite good until some point...
I don't see your proposal as hopeless I do see it as improbable. It will take either alot of skill, luck, or even a combination of both. I am assuming you will use high leverage and many if not all your margin, so you will definately need to prevent any losses. I will following this diary, and hope that you keep us all updated.
P.S. I expect you actually attain this, and all the luck for you.
Upgrades : 74914
Investor Pwd : QiS7E2aYfE5V (read only password)
Server : 69.59.137.196
and ... if u Want exclude last days, just calculate ... till last week
It's definitely possible and I hope you get it done. After all, it is only impossible until you get it done.
Sure it can be averaging $83333 a month, but that is just the average. This is completely gonna be skewed towards the subsequent months where you earn around $15k to $25k at that point.
YES I was surprised when watched this large visitors of this thread even before that I wrote my egy as well as one positions.
But I'm happy. Because many of good traders with experience and best hints just like you post also and see this thread. And it help me alot
thanks alot