CHECHEN_ (12-02-2020),d1sc0d4nc3r (04-09-2021),Scarface (02-07-2021)
My biggest short period win so far in Forex. This was my little money project for the corona times, and it worked!! Turning 2k to 103k in 5 days (5 days of trading, total time was 7 days because of weekend market close)! (It actually topped at 130k at one point)
Note: This kind of trading is VERY high risk and NOT advised for anyone to copy, especially not for beginners or people who can't afford to lose their money.
For anyone who thinks it's fake; feel free to believe so, I don't care. ✌
If anyone have questions about Forex or trading feel free to add me IM and I'll be happy to help you out where I can.
CHECHEN_ (12-02-2020),d1sc0d4nc3r (04-09-2021),Scarface (02-07-2021)
How did you manage to gain that much in such a short period?
[IMG]https://cdn129.picsar*****m/215837188000202.gif?r240x240[/IMG]
Indeed like PrOgResS said, high leverage. Used 1:500 leverage on ICMarkets (max leverage) and if you look at the last screenshot you can see I had a position of 200 lots open in AUDUSD when my balance was 50k, which is extremely high of course.
I’m pretty sure these performances can’t be done consistently no matter your skill, it’s a mix of skill and luck.
But with a good trading system I’m positive these results can be done a few times a year. It’s not easy; but possible.
Cheers!
Scarface (02-07-2021)
To be honest, I think using 1:500 leverage is like going to casino and saying: hey I put all my money on roulette and won!
Well then go to the casino and try, let’s see if you come even close haha. You can’t predict roulette; you can predict forex.
Like mentioned in the thread, this no day-to-day trading.
And btw it doesn’t matter what leverage your using if your risk management is on point. As you can see in the screenshots: day 2 and 4 I took ‘responsible’ losses and overcome the loss by a greater win.
So no, I wouldn’t have posted this if I won that money with roulette or ‘betting’, which it wasn’t.
Last edited by QuinDp; 12-05-2020 at 01:11 PM.
QuinDp (12-05-2020)
Let's chat bud. DM'd
honestly, i don't need that much but if I can earn 1000 a week I will be fine. best way to learn about this? i have no clue about but happy to learn.
Damn congratz man
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QuinDp (12-06-2020)
Start with reading about Charts.
While you do that open a dummy account with trading view and place your bets accordingly. dont use real money. You will understand where you're going wrong etc.
From there - once you start making some dummy profits or your calls that you see yourself from your own technical analysis start doing well, Start to look into Futures.
Futures / Derivatives allow you to bet with or against the market with leverage. IE if you have $100 you can best with $12500. Your profits will be as if you bet with 12500. But behold, so will your losses be.
OP above was damn luck with his trade. You have 1 guy like him with 10,000 others who've lost 2000- 3000 each for him to win.
Hashirama senju (12-06-2020),markjose (01-12-2021),Scarface (02-07-2021)
Good man!, i actually thought about doing forex trades but as of right now i dont have a capital to invest so im sticking to stocks for the moment.
need more infos. which program did you use?