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 Forums ›› Trading for a Living ›› Journals ›› Tradingjournals Quest... Turn \$100 To \$100K or To Ash

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 tradingjournals   Registered: May 2010 Posts: 3189 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. Edit/Delete • Quote • Complain
 tradingjournals   Registered: May 2010 Posts: 3189 06-01-11 03:56 AM I went short at 1.4425. Edit/Delete • Quote • Complain
 shortie   Registered: Apr 2006 Posts: 6711 06-01-11 04:00 AM i assumed 365 trading days so the hourly was off. i thought forex is 24/7. but maybe nothing usually happens on Sat and Sun so those days are ignore while calculating volatility. Edit/Delete • Quote • Complain
 tradingjournals   Registered: May 2010 Posts: 3189 06-01-11 04:09 AM Quote from tradingjournals: I went short at 1.4425. e/u at 1.4410. closed with +15 pips gain. Cumulative gains: 275pips. Cumulative losses: zero Number of trades:9 Number of trades with gain:9 Number of trades with loss: 0 Edit/Delete • Quote • Complain
 tradingjournals   Registered: May 2010 Posts: 3189 06-01-11 04:13 AM Quote from mindtrade: Pretty nice start. thanks! But I have to keep it. Edit/Delete • Quote • Complain
 forsalenyc   Registered: Jan 2005 Posts: 1200 06-01-11 04:17 AM I wouldn't be surprised if you posted your first losing trade(s) of -200pips or more...........will you reload if your account gets wiped out? Edit/Delete • Quote • Complain
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