50-100% monthly returns

it isn't about things like %return or winning% or other things newbies fixate on.

It is about Risk-Adjusted Return. What are his system stats? 99% drawdown? 1.03 profit factor? etc. etc.?

And a friend of a friend waving 50% returns with broker statements or even online would not be very impressive. You would be amazed at how things can be faked, or just demo, etc.

As above, why would anyone take money out with those kind of returns, as you could soon repay the US national debt?
 
Quote from TraderZones:

it isn't about things like %return or winning% or other things newbies fixate on.

It is about Risk-Adjusted Return. What are his system stats? 99% drawdown? 1.03 profit factor? etc. etc.?

And a friend of a friend waving 50% returns with broker statements or even online would not be very impressive. You would be amazed at how things can be faked, or just demo, etc.

As above, why would anyone take money out with those kind of returns, as you could soon repay the US national debt?
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Dude, you're a joke.

So he's doing 50% of his $50k capital each month. $25k a month.

I guess that's a little more down to earth. 20k withdrawls would be about right. Forex there's no reason to have more in your account than you need. Especially with any of these risky bucketshops.
 
Quote from speres:

theres plenty of big traders out there, one of the issues is liquidity when your trading big size...
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He's trading currencies through a bucketshop......

You're lost.
 
Quote from fxtradeprodigy:



But if you think about the profit potential in forex, 50% every month should not be that hard.

It is only 12% profit every week.

If you can't do that, you suck as trader
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12% per week, 2 years, 10K starting capital will give you 1,314,239,021 dollars. You understand that right?

In five years you could have 62,616,082,677,207,260.

though its really a little less than that cause you probably have to withdraw a billion or so to spend
 
Quote from athlonmank8:

Dude, you're a joke.

So he's doing 50% of his $50k capital each month. $25k a month.

I guess that's a little more down to earth. 20k withdrawls would be about right. Forex there's no reason to have more in your account than you need. Especially with any of these risky bucketshops.
More...

dude you need to read the other posts so far.
 
Quote from fxtradeprodigy:

Anyone else with these kind of stats?

I would love to hear your thoughts on reasons attributable to your success.
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My forex manager manages about $80 million and he has paid profit of +39% for year 2009. In fact, he has been paying average profit of 3% per month for past 9 years.
 
lolz at this whole thread.... making 50% a month is mad easy here are the steps

step 1 : fund account with 50k

step 2 : do basic analysis

step 3 : proceed to bash your face against the keyboard until you have huge profits or blow account... if you make money go to step 4

step 4 : withdraw money post your account statement and claim your a great trader.
 
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