The real reason for the extreme tough trading in the FX?

Discussion in 'Forex' started by livermoreorless, Jun 18, 2009.

  1. ScapGF

    ScapGF

    Since you have no problem posting about the pips you have made today why not show a screenshot of your trading account confirming the entries and exits. Feel free to black out all other information with microsoft paint.

    If you don't want to do that, then post your entries here in real time so that there is a verifiable time stamp. Otherwise nobody will even be remotely close to believing you.

    I repeat:

    400+ ticks at 100:1 on EUR/USD is 300% return...PER DAY.

    I can't even believe anyone would post such BS.
     
    #31     Jun 24, 2009
  2. Nice! I'm up about 5,000 pips on the GBP this week!

    LMAO.....

    What a putz!!!
     
    #32     Jun 24, 2009
  3. moarla

    moarla

    well 9 moves, count the ticks ....
     
    #33     Jun 24, 2009
  4. ScapGF

    ScapGF

    I can count just fine.

    Again, I repeat... 320 pips on EUR/USD is 300% return PER DAY at 100:1 leverage.

    Even at 10:1 that is still 30% per day.

    Compound 30% returns each day for 30 trading days and $10,000 balloons to $26,199,956.44

    STOP THE INSANITY!!!!!

    lol
     
    #34     Jun 24, 2009
  5. moarla

    moarla

    think big not small....
     
    #35     Jun 24, 2009
  6. ScapGF

    ScapGF

    Yeah. Ok...
     
    #36     Jun 24, 2009
  7. moarla

    moarla

    can you give me one reason, why it should not be possible to take those trades??
    and dont come with leverage, because all the big funds banks traders etc. do the same...
    leverage is a plus but the ticks remains the same.

    So one good reason:
     
    #37     Jun 24, 2009
  8. moarla

    moarla

    looking at the ES right now, there was a up move 40 ticks and a down with for now 8 ticks.. (in 1,30 hr)



    thats the big difference between EUR and ES
     
    #38     Jun 24, 2009
  9. ScapGF

    ScapGF

    Sure, here are the yearly returns ranking of the TOP 100 CTAs out of several hundred that this particular website follows.

    http://findctas.com/index.php?option=com_rankings&task=ytd

    You simply will not turn 10k into $29M in 30 trading days. Stop.
     
    #39     Jun 24, 2009
  10. moarla

    moarla

    nobody said that...
    500 ticks are 6000 USD single contract
    trading with 10 contracts = 60.000/day
    = 1.800.000/month
    = 12.000.000/year...

    so trading with 5.000.000 USD FOREX
    that would be:
    250.000/day
    10.000.000/month
    120.000.000/year



    but all that doesnt change the primary thing:

    500 ticks / day in EUR or EURUSD
    (well, some days are 300 tick days )
    :)))
     
    #40     Jun 24, 2009