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

  1. #1

    5% per day is achievable

    A debate was that was saying 5 percent per day gain day trading is not heard of. It could be even and possible . You need to locate a predictable market on basis of analysis. If you know a market personality, then it would be easy to exchange it and earn more than 5 percent.
    Do you agree?

  2. #2
    Junior Member Lapice's Avatar
    16
    92689I was just wondering how would you calculate trading a certian percent of your account. Example how would you calculate trading 1 percent of a 300 balance account. Thanks for any help in advance

  3. #3
    Junior Member Bhbberni's Avatar
    7
    92689
    I was just wondering how would you calculate trading a certian percent of your account. Example would you calculate trading 1% of a 300 balance account. Thanks in advance for any help
    1% of $300 = 1 percent /100 x $300 = 0.01 x $300 = 3

    Simon

  4. #4
    Junior Member Antiupe's Avatar
    4
    92689
    Franz,

    Hogwash.. .show me the money that is consistent.
    Michael B.
    Yep,
    I'll take consistent money OR consistent pips daily, week, month,... Almost every trading book I've read says not to focus on how much money but on how many consistent pips you profit.

  5. #5
    92689Franz,

    Hogwash.. .show me the money that is consistent. The phrase was highlighted by me in red. Franz, some days you lose, and that cuts into your average. If it had been so easy, then why do most traders fail in Forex? Every new trader who thinks he is sensible has strategy trading in the very same, conventional manner and a vision, you do not want to be this statistic Franz. . .do you?

    Michael B.


    To react to you Michael and others, in sense of 5 percent per day is attainable and I am learning the Forex, but I've been doing it in SP 500 futures for more than a year. Everything has to do about the way you approach the market with all the capial you're beginning. You have to get a system that runs accurate about 70-80percent per day when you're stoped outside, you can recover. I do it daily and in front of over 200 individuals. A few of the keys are never use more than 50% of your funds. 2nd begin with 20% of your finance and keep making money off of it and if you want to stretch your discontinue a little then bring out the other 20% to average down, and then your target becomes more closer to you if trade moves your way. Simply stop outside if the trade fails to go your way and choose 2 other trades that will make it back following your trade. You need a system that is fantastic. Again if you would like to see it live, send me a PM and I let you know how.
    Franz

  6. #6
    Junior Member sarai's Avatar
    27
    92689Think about a number of the greatest peforming funds on the planet. The Soros', the Buffet's, the Victor Niederhoffers (equally in his previous life and his new life), the Renaissance Capitals etc etc.. Even the very best of the best bringing home not much more than 35 percent pa on average, unless they are hiding something. If we intend on staying in the sport over the long-term, this should tell us something.

    My only real caveat is here is finance size. Buffet and many others have noticed that smaller players can better exploit opportunities without running up against limitations, and so may be able to enjoy a greater rate of return on their capital. I understand there are a few out there (Chaffcombe for one) who are currently doing amazingly well.

    : )

  7. #7
    Junior Member Rambokavo1's Avatar
    14
    92689
    It's not my design Franz, but thanks for the deal. I would never never use anywhere near 50% of my funds, even with stops...

    Michael B.
    Indeed!

    A decade from now, you and I, along with others with the exact same attitude will still be here trading.

  8. #8
    Junior Member Verotrixxo's Avatar
    16
    92689Yes...I want to create 5 percent per day. Please sign me up for your methodology. I realize that the miniscule costs will be coated by the massive profit potential of an amazing system.

    I will PM you with an email and contact number.

    This is going to be the greatest, and just, x-mas gift my ex has recieved from me.

    Happy Holidays!!

  9. #9
    Senior Member raqwl.deji's Avatar
    108
    92689
    How'd you have to be so smart Merlin? Was it out of hanging around guys like me?
    LOL! You know it man

  10. #10
    Junior Member Gabirel2's Avatar
    16
    92689Merlin went into a College

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