Registered: May 2010
06-01-11 03:51 AM
Quote from shortie:
if my calc are correct 10% volatility ~ 0.1% hourly volatility. if one catches each 0.1% turn, bets the whole bankroll each time using full leverage he will get to $100K in about 4,000 hours or ~ half a year.
if one catches only one 0.1% turn out of 10 hours - 5 years. i don't even know how realistic it is to catch 1/10 hourly turns.
The hourly volty seems to be about right, but I think it should be about 0.12% (somewhere between 0.1% and 0.15%). During the last 48 hours, I produced 260 pips, at an average rate of 5 pips per hour. The pair moved at an average rate of 2 pips of hour. (mental calcs).
I did a mental similar calculation earlier today. Assuming one can get two standard deviations each year (one trade per year-buy bottom and sell top of year), with a leverage of 20, each year account will quintuple. So above year for 1000 multiple.