Do full-time forex traders exist or is it just make believe?
- Thread starter zbojnik
- Start date
Hey Xspurt.
What was your claim? 40 pips per day on a starting capital of $10,000? At maximum allowed leverage of 50 to 1 that's 2.5 standard lots. Clearly, you can't go all in as you would be knocked out of your trade very quickly. For the sake of argument, let's go with 1.5 standard lots. That's $600/day or 6%/per day. You're trying to tell me that you can tutor a beginner to consistently average 6% per day??
Atticus, if one is attempting to average 6% per day, what kind of a draw down should they be prepared for?
What was your claim? 40 pips per day on a starting capital of $10,000? At maximum allowed leverage of 50 to 1 that's 2.5 standard lots. Clearly, you can't go all in as you would be knocked out of your trade very quickly. For the sake of argument, let's go with 1.5 standard lots. That's $600/day or 6%/per day. You're trying to tell me that you can tutor a beginner to consistently average 6% per day??
Atticus, if one is attempting to average 6% per day, what kind of a draw down should they be prepared for?
Guess his ego couldn't handle the humiliation. He deleted his own system.
Edit:
Actually it has been changed to this:
http://www.myfxbook.com/members/trade4you_brazil/mt4-iron1/554286
Notice that this is in fact a demo system. He isn't playing with real money on this big loss.
http://www.myfxbook.com/members/trade4you_brazil
Lol, 10x pttdd is already pretty retarded, few are even doing that, at 6% per day average, assuming any kind of volatility you're looking at ~30-50pttdd - drawdowns aren't measured in % terms, rather in # of days until blowup.
That said, for fun, anyone think it's possible? Anecdotally there are small scale hft strategies claiming to run at these kinds of #s (though likely not lt sustainable). I mean, impossible is nothing, right?
That said, for fun, anyone think it's possible? Anecdotally there are small scale hft strategies claiming to run at these kinds of #s (though likely not lt sustainable). I mean, impossible is nothing, right?
that would be "you're"Quote from sheda:
So we are expected to believe you who thinks its impossible to make a million over any time period it seems would actually Give away $100,000 to someone on the internet for simply proving they have?
Your pathetic
it's a contraction
"your" implies possession
no prob, a lot of us here don't speak "The King's" English