, Turning $300 to 100K – Testing System 42 - Page 3
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Thread: , Turning $300 to 100K – Testing System 42

  1. #21
    Quote Originally Posted by ;
    Welcome to the Bar via the rites and initiation....
    Seems like this happens to everyone when they go live, hang in there it comess back.
    Due to the support and greeting, I hoped I would have some reductions in trading but I didn't think that it could be this soon and so big% wise. I sure picked a hellofa time to go live ?

  2. #22
    Quote Originally Posted by ;
    This seems like the $300 to $30,000 in six months .pdf which I ran across some time back...
    Similar but mine is structured on daily% profit in small snacks with less risk. The $300 to $30k appears as though the risk is a lot higher margin wise. A $100 account running 10k trades? Must be figuring on 100:1 or greater margin. I have a currently $200 account and'm only trading 4k at 50:1. They do follow a similar path and possess an exponential increase near the end.

  3. #23
    Quote Originally Posted by ;
    Much like mine is organised on daily% profit in small bites with less risk. The $300 to $30k appears like the risk is much higher margin shrewd. A $100 account running trades? Must be figuring on 100:1 or greater margin. I have a now $200 account and am only trading 4k at 50:1. They do follow a similar course and have an exponential growth close to the end.
    Yes, you're right the one I posted uses 100:1 margin therefore for the first miniature lot (10K) that will be a 30% risk on a $300 account. Of course this type of egy would be intended as a wild experiment and no where close to a conservative trading approach but more of a 300 contest. If this was attainable in about 25 trading days, if you were to follow the Daily chart the 200EMA fad and used OzFx daily signals to earn about 100 pips per trade, he he.

    Measure | ACC. Balance | Lot(s) | Pips Per Measure | Acc. Risk | Days Traded

    Measure 1 | $300 to $399 | Trade 1 Mini Lot (10,000) | 100 | 33.3percent | 1
    Measure 2 | $400 to $599 | Trade two Mini Lots (20,000) | 100 | 50.0percent | 1
    Measure 3 | $600 to $899 | Trade 3 Mini Lots (30,000) | 100 | 50.0percent | 1
    Measure 4 | $900 to $1,299 | Trade 4 Mini Lots (40,000) | 100 | 44.4percent | 1
    Measure 5 | $1,300 to $1,999 | Trade 5 Mini Lots (50,000) | 140 | 38.5percent | 2
    Measure 6 | $2,000 to $2,999 | Trade 6 Mini Lots (60,000) | 166 | 30.0percent | 2
    Measure 7 | $3,000 to $4,499 | Trade 7 Mini Lots (70,000) | 214 | 23.3percent | 2
    Measure 8 | $4,500 to $6,999 | Trade 8 Mini Lots (80,000) | 312 | 17.7percent | 3
    Measure 9 | $7,000 to $9,999 | Trade 9 Mini Lots (90,000) | 333 | 12.9percent | 3
    Measure 10 | $10,000 to $14,999 | Trade 1 Regular Lot (100,000) | 500 | 10.0percent | 4
    Measure 12 | $15,000 to $19,999 | Trade 2 Regular Lots (200,000) | 250 | 13.3percent | 2
    Measure 13 | $20,000 to $29,999 | Trade 3 Regular Lots (300,000) | 333 | 15.0percent | 3

    Complete Pips Earned = 2,648 | Days Traded = 25 | Acc. Boost = 10,000%. . .LOL!

    Anyways I do not mean to disrupt your thread so I'll move on now, and good luck with your evaluation...

  4. #24
    Quote Originally Posted by ;
    Anyways I don't mean to interrupt your thread so I'll move on now, and good luck with your test...
    Aad everybody else, comments and constructive criticism are always welcome here! Also this is not a test, it is dangerous and live! To me.

    It has been some time since last article, took a breather and looked for better signals for trading that the E/U. Also been trading different pairs that seem to run more consistent trends. I think they have been found by me! Been trading little and earning pips and only 1 reduction for $3. xx. The road back could take a little longer than I thought but I'm making better trades. I'm down in the beginning but rebounding back. Expect the next upgrade once it is seen by you.

  5. #25
    Quote Originally Posted by ;
    Aad everybody else, comments and constructive criticism are always welcome ! Also this isn't a test, it is live and dangerous! To me.

    It's been some time since last post, took a breather and looked for better signals for trading that the E/U. Also been trading other pairs that appear to run more consistent tendencies. I believe they have been found by me! Been trading small and making pips and just 1 loss for $3. xx. The road back might take a little longer than I thought but I am making better transactions. I am still down from the start but rebounding back. Expect the next update when you visit it.
    Hey genius,

    Glad to see you keeping up with it man! The winners are the ones which never give up; so you are doing the right thing. Remember that as you lost ~30 percent you're likely to need to make ~43% to get back to where you started. This is the dangerous thing about utilizing high risk. You seem like what you understand what you're doing however, and I look forward to the next update.

    Best of luck,

    Kevin

  6. #26
    What Kevin does not say is that continuing to commerce, you are able to lose everything. Do not kid yourself.

    Quote Originally Posted by ;
    The winners are those which never give up; therefore you are doing the proper thing.

  7. #27
    Your idea is excellent, its different from what I didn't create my $50,000 demo acoount into more than $400,000 in February. Anyway I ve noticed that you are able to do it even better than you said. Cheers

  8. #28
    Quote Originally Posted by ;
    What Kevin doesn't mention is that continuing to trade, you are able to get rid of everything. Do not kid yourself about reality.
    Tdion, I really do continue to exchange and many things have changes in my personal style.
    1) No longer on trading, I had been.
    2) Limiting loss per trade to ~2%
    3) Follow the tendency, I was not

    that I may be down but I'm not out, it may take some time but I will get it back!

    Quote Originally Posted by ;
    Your idea is excellent, its different from what I did to make my $50,000 demonion acoount into over $400,000 in February. I ve noticed you are able to do it better than you said. Cheers
    rugbygee, what I've realized missing here is a way to exchange to earn the % of profit. And trust me, live and demo are 2 different things.

  9. #29
    Dude dont you dare give up, winners never quit. We all get bashed at first
    and you have to stay in the sport or move home. I bashed a few accounts and I make money. DO NOT QUIT.

  10. #30
    Quote Originally Posted by ;
    Dude dont you dare give up, winners never quit. We all get bashed at first
    and you have to stay in the sport or go home. I bashed a few accounts and I make cash. DO NOT QUIT.
    I've never quit this forex item, just took time out to evaluate what went wrong and what had been required to get it right. These are very rough times, especially to new traders to try to attempt to predict what will happen within another hour let alone another week.

    Rebuilding an account, correctly, will take me a while. When I get back in my forex feet, System 42 will last.

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