$1,000,000 Properly Managed

[Overnight]

...This is to showcase how the proper management of large cash accounts should be traded using the Foreign Exchange markets...

As a forum user when starting a thread like this, you have to ask yourself the "why" of why you are doing it.

Is your audience people who have $1,000,000 to put into a forex account? If so, why would they listen to someone who does not have 1 million of their own money on the line?

What do you really hope to accomplish here?

 

[DepthTrade]

As a forum user when starting a thread like this, you have to ask yourself the "why" of why you are doing it.

Is your audience people who have $1,000,000 to put into a forex account? If so, why would they listen to someone who does not have 1 million of their own money on the line?

What do you really hope to accomplish here?

You have Jim Cramer as an avatar, enough said.

 

[DepthTrade]

Have rebalanced account and added to position value. Orange square bottom left shows increase in margin used.

 

[DepthTrade]

And to the left of whited out area it plainly shows Demo ..... so you will "showcase how the proper management of large {fictitious} cash accounts".

We both have 15 years here, we both know your statement is irrelevant. If not so, there would be plenty of people on here with demo accounts showing massive profits. This has never been the case and never will. The closest to that would be a person starting multiple accounts and showing and going forwards with the winning account. But, given enough time, they will blow out.
I have decades of experience and can back up any statements I make about trading forex.
If I wanted to lie, I could just pick any random platform and chose an odd account balance and post it as a live account. You don't have the experience to make that kind of statement, nor have any statistics to back it up. What we do have is this forum and it proves your point as false.

 

[Overnight]

You have Jim Cramer as an avatar, enough said.

"...why is there not one profitable fx trader whether live or demo on this site? "Prove us otherwise, no one seems to be able to show us..."

Indeed. I notice you've been posting for years with practice accounts. Why not post something from your Oanda Premium account, or from the "next FX live account which would be massive?" Or maybe you did already, to prove otherwise?

https://www.elitetrader.com/et/threads/an-example-of-the-possibilities.359088/page-3#post-5407853

 

[DepthTrade]

"...why is there not one profitable fx trader whether live or demo on this site? "Prove us otherwise, no one seems to be able to show us..."

Indeed. I notice you've been posting for years with practice accounts. Why not post something from your Oanda Premium account, or from the "next FX live account which would be massive?" Or maybe you did already, to prove otherwise?

https://www.elitetrader.com/et/threads/an-example-of-the-possibilities.359088/page-3#post-5407853

Easy answer, I am dumping every penny into crypto currencies before adoption. Until then, I am seeing if any fund managers like what I am doing and would like me to work with them. There is way more potential for gains in crypto at this exact moment.
At some point in the very near term, I expect more banks and brokerages to custody crypto. When that happens, I will hold 10% of my funds at 1:10 leverage and trade the strategy that I am trading now.
Highly likely in a matter of weeks, months at max I will never exchange texts with you again.

 

[Overnight]

Easy answer, I am dumping every penny into crypto currencies before adoption...

So you're calling for massive breakouts in (I presume) the major coins...Isn't diversity still the rule du'jour?

 

[DepthTrade]

So you're calling for massive breakouts in (I presume) the major coins...Isn't diversity still the rule du'jour?

Not in a once of a lifetime opportunity.

 

[TheDawn]

Treasuries are paying 5.5%.

Care for a risk-free $55,000 this year? You’ll sleep like a baby.

Along with $SPY, this is your benchmark. See if you can beat them with your cute little Fx strat.

…and these are real-world assets traded with real money. I’d rather you trade with 1k in the real market than some paper-trading bull$hit.




View attachment 318057

Well to be fair, the second only asked him "are you a good shot". He didn't ask him "are you a good shot while under pressure".

 

[TheDawn]

I miss that crazy bastard Dest. It's these kind of posts that would rile him up lol

Nothing wrong with running a demo account to prove profitability with a particular trading style or trading method.