Confused, Thanks for your honest post. I have got bad news for you. The main issue with forex on retail level that you can not trade size there. I tried, and had issues even with 10 statard lots, forget about more. Forex is not real in MM bucker shops, and your sysem no matter how good it looks on paper or with small real account will have issues, which you do not even know about, once size is apllied. I learned it the hard way (and that was not even news trading where markets are too volatile). Me1969, 100% -500% a year can be done, but only on small capital. Yes, you can take 200K and turn in into 1 mil. However doign it on 1 mil is very hard, and almost impossible on larger amounts. Do not beleive me, read for yourself what Ed Seykota, Paul Tudor Jones have to say on a subject. Regards, redduke
7K x 2 = 14k 14k x 2 = 28k 28k x 2 = 56k 56k x 2 = 112k 112k x 2 = 224k 224k x 2 = 448k That's 12 months? Yes you're right - that is definitely not the way to go when there are bills to pay. Only a bullet can stop you!!
Sure it can be done. And it is easier to make a lot money in the markets fast than to make a steady income with no big draw downs. We are trading risk units. So watch you step, fat tails lying around covered by all the money you made perhaps.
I hate forex!! I hate making 100% every two months. What a drain!! "I trade 2 times per week. I trade very large size". http://www.elitetrader.com/vb/showthread.php?s=&threadid=81605 Feeling depressed. like I can't go on any more. Think I'll start a thread on ET about how depressed I am. "I am 25 but i wish I was 85 so I could die" http://www.elitetrader.com/vb/showthread.php?s=&threadid=81226 Hey guys! I am selling my system! It is a discretionary system. Only a bullet can stop me. ------------------------------------------------- Seriously, the more time I spend here the more I understand that there actually are guys like this taking the other side of our trades. I used to wonder who these people were.
lets do math together for every red duke, there are 4000 traderNiks if et has 30 000 real members how many are for real and how many are complete dreamers
The best part of this thread is that it happened in the middle of the night!! Where is everybody from? I woke up early... What you don't realize is that you need the dreamers! Real traders can make real money, dreamers buy systems like yours. As others pointed out, never underestimate the power of exponential growth. Trade it for 4-5 months and: 1. You will have a trackrecord to show. 2. You quadruplied your money.
Lets' do the math together 7k x 2 = 14k 14k x 2 = 28k 28k x 2 = 56k 56k x 2 = 112k 112k x 2 = 224k 224k x 2 = 448k "Yeah, doubling my 7k every two months is no way to pay the bills". "This system sucks and it drains me. I have much better futures systems", and they don't drain me. "This is coming from a guy who does 100% in 2-3 months" "Does anyone want to buy this system?" Oh, by the way... "I am 25 and I wish I were 85 so that I could die". PM me if you're interested in this draining system that "makes 100% every 5.5 months guaranteed or your money back". Regards, Not Confused.
TraderNik maybe if you concentrated on research, you too would have a nice system. you are wasting time pointing out how good my system is. actually I want to have some fun too. how about this. TraderNick, you are the stupidest piece of shit I ever saw on ET what is even worse is if you are older guy and you still don't know how to trade, you are hopeless quit now for heavens sake quit now save yourself and your family problems you are the type that goes to casino maybe for fun you are the idiot that feeds me and will make me rich