5% per day is achievable -
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thread: 5% per day is achievable

  1. #11
    Junior Member oxghelen123's Avatar
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    92689
    Think about a number of the best peforming funds on the planet. The Soros', the Buffet's, the Victor Niederhoffers (both in his old life and his new lifestyle ), the Renaissance Capitals etc etc.. the best of the best bringing home not pa typically, unless they are hiding something. If we intend on staying in the sport within the long term, this should tell us something.

    My only caveat is here is finance dimensions. Buffet and others have noticed that smaller players can exploit opportunities without running up against constraints, and so may have the ability to enjoy a better rate of return. I know there are several out there (Chaffcombe for one) who are currently doing amazingly well.

    : )
    I concur 100%. However, you know that this 5 day thing is nuts when you have a look at the effect of this a goal. 5 days there is at 5 percent / day per wekk 1300. Who is Franz kidding? Is this possible? Sure, with insane levels of risk that happen to operate a few times but I am pretty sure you will not live to see several more trading days with that kind of risk.

  2. #12
    92689
    I agree 100%. But you know for certain that this 5%/day thing is nuts when you have a look at the annual result of this a goal. 5 days there is at 5 percent / day a wekk 1300. Who's Franz kidding? Is this possible? Sure, with levels of risk that happen to operate a few times but I'm fairly certain you won't live to see with that kind of risk.
    One thing that you miss is that there are folks like me about and it's hard to feel that we do get 5 percent per day. A hint is always to any kind of ability that make you a master. If majority knows it then the equilibrium of 90 percent eliminate money and 10% earn money is going to be shaken. It is in your mind the best way to see that the success in this business. 1300 end figure in my novel but that I go along with that. I am going to bring your focus to next issue of Traders World magazine article on yours truly and the journalist also was watch the 5 percent achievement several random times and how it can be done, but remember this is the sport of strong minds. It there was no way back, took me 10 years to understand this part again.

  3. #13
    Junior Member oxghelen123's Avatar
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    92689
    Something you all miss is that there are people like me around and it is difficult to feel that we do get 5% per day. There's always a trick to any kind of ability which make you a master. If majority knows it afterward the equilibrium of 90% lose cash and 10% earn money will be shaken. It is in your mind to see the success in this business. 1300% low end figure in my novel but I go along with that. I will bring your attention to next issue of Traders World magazine article on yours truly and the journalist also was witness the 5% accomplishment several random days and how it can be done, but remember that this is the sport of powerful minds. It took me 10 years to know this last part, and there was no way back.
    Well Franz, all the more power to you if you can truly attain this. I don't think it and nothing you say short of sharing the precise method will convince people. I truly think the trick to mastering this craft is within you and your ability to stay educated and not some mysterious way of achieving those returns. And I promise you the 10% of individuals that make money aren't those who make such ridiculous efforts.

    However, like I said, all the more power to you if you really pull it off.

  4. #14
    92689I see my profit goals differently, never in percent

    On emini Russell all I want is 2 points per day or more, 20 ticks. Two points is only $200 on a single contract. Oh dear!

    At 10 points each week, one contract, that is $1000. Oh dear!

    But state you gradually scale your contract numbers, to state 99 contracts, only taking 10 points from the Russell per week, that is $99,000. OH CHRIST!

    Work your leverage up, be greedy concerning the points/pips you choose and allow a sizable account do the work for you.

    It's those early days of building up the account that will make or break you. (though charging in with alot of cash and no experience will immediately direct you to the same starting position as most of us who need to work up from little).

    Forget %.

  5. #15
    Junior Member sarai's Avatar
    27
    92689
    Something that you all miss is that there are people like me around and it is difficult to believe that we do get 5% every day. A hint is always to any sort of ability that make you a master. If majority knows it then the equilibrium of 90 percent eliminate money and 10% make money will be shaken. It is in your mind to see the success in this business. 1300 end figure in my book but that I go along with this. I am going to attract your attention to next dilemma of Traders World magazine article on yours truly and the journalist also was watch the 5% accomplishment several random times and how it can be done, but remember this is the game of powerful minds. It took me 10 years to understand this last part, and there was no way back.
    My good guy, I don't doubt your honesty but I have never seen anything. If you're able to produce these kinds of returns, cease posting on this web-site I say. Set a hedge fund up immediately and watch the money roll in. With such returns you can charge 40% of profits instead of the usual 20%. If you're consistent, the surplus liquidity in this world will have a new home: your fund. You will become one of the investors in life.

    Wishing you all the best,

    Abobtrader, a trader who would be satisfied with a super-normal 20-30percent a year.

  6. #16
    Junior Member Gduard's Avatar
    26
    92689
    IMHO, 5% per day is far too much. I have a yearly, quarterly, semi-annual and monthly percentage goals. Tell you what, my MONTHLY target is 5%, and I am wondering just how I am going to achieve this target with the least possible risk, that's exactly what I am really looking for right now.
    I see Franz exchange every day within his Alert chat room and he makes 100k/day on 1000-2000 es contracts, 9/10 days.

    You can view more at http://www.alertroom.com/ (They have to be working on the website, since it currently redirects you to the parent site. There ought to be a meeting with Franz when it's finished.)

  7. #17
    Junior Member Gduard's Avatar
    26
    92689
    My good man, I do not doubt your honesty but I have never witnessed such a thing. I say if you're able to produce these kinds of returns, cease posting on this web site. Establish a fund and watch the cash roll in. With such returns it is possible to charge 40 percent of profits instead of the normal 20%. If you're consistent, the surplus liquidity in this world will have a new house: your fund. You may become one of the investors in existence.
    Franz is currently quite big, without working for anybody else. He makes 100k/day 9/10 times every day in front. He'd have one, if he desired a hedge fund.

    I do not mind you criticizing everything you've experienced, but it always strikes me when somebody like you criticizes without ever having examined the signs. Have you ever seen his room? It's absolutely free, so you have no excuse.

  8. #18
    Senior Member raqwl.deji's Avatar
    108
    92689
    When I wrote a book, I would write about the way to concentrate on Drawdown first and foremost....
    Im with ya savant...

    drawdown is so significant that I use it as the risk part of this risk vs. reward equation. See this thread about my preferred system statistic, ROMAD....

    https://www.cliqforex.com/general-fo...ews-today.html

  9. #19
    Senior Member raqwl.deji's Avatar
    108
    92689
    Merlin,


    Hmmm.. .Romad...I want to place that column on my spreadsheet. . .but it is only a one. . .too awkward
    dude, a 1 isn't that bad. I exchange systems using a ROMAD of 0.8...

  10. #20
    Junior Member Gduard's Avatar
    26
    92689
    Franz... But as I said, all the more power to you if you actually pull this off.
    He's doing very nicely.

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