Money management plan - Your way to the millions

[oxdnhepk]

Very good analysis Domino. I've got a similar trading plan.
Thanks

[Migwlnegro8]

Hi Domino,

thank you for sharing your knowledge in here I concur with you and Agree with my self also, I understand to conduct this thread add obligation on me of assisting others and supplying quality info and also to be something for traders to follow so I keep doing my best to supply this help for me and many others who follow this thread.

Because you see in my MM it is possible to begin it using any little account or a part of account like 40 or 100 or 300 USD, therefore if me or someone else wish to risk or shoot chance then follow the MM rules I submitted along with the trading egy that will be posted under this thread that I find it will be the best to fit this MM program.

I will alter the MM plan simply to fit the trading platform so everything together work perfect.

maanaw

I like your thought with MM its never actually talked about much and is simply the most significant entry and exit tactics don't overcome mistakes in MM but MM can make a hugely profitable system from really awful entry and exit tactics.

Here is something to consider. . Fix lot standing sizing... makes a huge difference to your efficacy as a trader....

[blancoalcuday]

in my very first post I stated the secret behind this cash plan is not to shed more than 100 PIPS at the begin of each degree or measure, then its all go fine after that.

Yup, nobody plans to shed more than 100pips.

The only issue is that each trade risks only about 26% of your account. 4 losses will wipe out of your account. Remember that a trade is deemed competitive.

Someone once said (and I apologize that I don't know who) in case you have a 75% gain ratio that still means you can shed 25 times in a row.

Statistics I had a connection that showed how to trade $1000 into a million in 1 year averaging approximately 27 pips a day (Again one of those ideal If-you-never-took-a-loss hypothetical calculations.) . But it seems that the connection is gone.

I'll post it when I find it.

Remember the secret to cash management is making certain you have cash to handle!

Cheers!

[Migwlnegro8]

In my very first article I said the key behind this cash program is not to lose over a hundred PIPS at the begin of every degree or measure, then its all go fine after that.

I said also I will add here trading egies that gain large profits with so tyt loses to enter it.

I'm looking for carmen indi and egy at one of 3 egies to be used and I shall try also each of these egies to be around EAs and will posted below this thread after im sure they working on the principles whom I seek.

[Jesus]

While most traders focus on trading egy and egies, some didn't focus on money climbing egy, so that I post today my effort on money management plan to reach million in easy and clear manner.

The plan relies on levels and each level is predied on making 400 pips with max lose 100 pips to leap into second level.
So if trader have a good trading egy with small expected lose on trade and reward good profits he's able to use this money plan.

I shall post in this thread my trading platform later on and updates on the money management...

Shukran

[cler_99]

hahahaha I dont agree to your lot dimensions. Its rather to big. Its undersatndable at the begining, since the ccount size is huge. I will recommend that you explore reducing the lot size to lets say 5 to 10% as the cash reaches a million, this way u could reach your 100k from the initial year and after that look to get a 300% return in the second year. If u could turn it to a thousand dollars in 3 three years you are fantastic. Your analysis appears to much unless you are telling me u have this if not are simply getting fanatsy.targeting 400 to 500 pips...

please share !

I consent to the lot dimensions. I believe its way to big...I did something similar a few month ago, and I only increased lot size on each 1000 I made. To begin wit 0.2
and increase by 0.1 or 0.2 each G.

happy new year to all

[Ibernabeu]

Hahahaha I agree to a lot size. Its to large. Its undersatndable in the begining, since the ccount size is huge. I will recommend that you explore reducing the lot size to lets say 5 to 10% as the money reaches a million, this way u could reach your 100k from the first year and then seem to have a 300% return in the second season. If u could flip it to a thousand dollars in 3 three decades you're excellent. Your analysis appears to much unless you're telling me u have this if not u are just having fanatsy.targeting 400 to 500 pips per month will be more than ok and this shd guide you to creating ur millions.i have a much better analysis I will share if you so wish

[Garc?a]

Fantastic .xls

Thank you!

[Migwlnegro8]

Thank you for positive replies, im trying in past months to come out with what perfect to exchange in safe way and following days I will begin to discuss my trading system which work the best with this cash program.

I do my best for the two manual system and EA and the two will be posted here.

[Priepk]

Thank you for starting this thread I will be following it with Fantastic interest

best regards