Hello Millionaire, What's popping in the streets big homie? Your write up is remarkable, powerful, and beautiful way for someone to make a million dollars within X to XXX days with a simple strategy proposed from @MacBookProHo . @cesfx Do you see how @Millionaire use @MacBookProHo idea to stragtize how someone can make a million dollars good buddy. I FUCKKING LOVE this conversation man. FUCKING LOVE ITTTT. Everyone coming together to make a MILLION fucking dollars as fast as we can doing what we love for the simply cost $0.00 on the internet on a forum. Best conversation I had on ET in long time. FUCKING love it. Keep up the great work @Millionaire , @MacBookProHo, @cesfx. Love this shit man Can the owners of ET please highlight the thread as thread of the year so far?
Actually, it is not a martingale as there one would double losing bets. It's still fantasyland in my opinio. But what's a few k's... Definitely better odds that the lottery if Millionaire is correct. And better than scamming people selling a fake road to riches. Good luck with it.
Hello Millionaire, I notice you have great ways to making million dollars fast trading. I like that. Keep up the good work buddy.
I will tell you how i made 1M in 2008 and 2009 starting with $120K. I was betting about 2.5% of my account on each trade. It took me about 18 months. In which time i was able to double my account 3 times. It took several hundred trades in that time. Not just 10 trades. So i was doubling my account every six months. But those were very good markets/easy markets. 120K 240K 1 doubling 480K 2 doublings 960K 3 doublings These days i trade different, AMP futures give me more leverage than IB did back then. I can bet much larger than 2.5% if i want to.
Hello cesfx, I actually tried and think about martingale trading. Do you know in SIM, I had like 3 months of winning days? Everyday, making money. Man that felt good. I felt like a drug dealer. I think martingale trading is a good idea, if the trader knows when to stop trading and take the money and stop.
Hello Millionaire, I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it I love it times 1000 more times, I love it. man, this awesome. Congratulations buddy. Great work. That scaling up is the game man to millions quick I am seeing. That scaling up is powerful. I am working on a algo now with 1RR trade management with the sole purpose of scaling up that algo up every time account doubles, quickly.
1:1 is hard because you have to maintain win rate above 50%, i would recommend 2:1 at a minimum. Then you only need to be right 40% of the time and you will still make money. Good luck.
You are right, I got the 40% algo swing working already, that is running. Now I want that 1:1, fast scale up
No one can win with a 1:1 reward/risk ratio, and around a 50% success prediction rate. That's Horrible and just Completely gambling. Ideally, a trader or gambler....should have a 3:1 reward/risk ratio, and a 70% success prediction skill edge rate. I don't know how you guys do it, by just....gambling....and still managing to carve out some, marginal/lucky, profit. Whether you trade skillfully manually or by a systematic computer....it's still the same.
70% 3:1? wft. 70% with just 1:1, is holy grail assuming you get enough signals. With that system you will often get 10 winners a row and so easily be able turn 1K in 1M, the first time you get such a winning streak. In reality i don't know many (any) people who are doing that (turning 1K to 1M in 10 trades) Therefore i can only conclude 70% 1:1 is in reality very hard to maintain.