Thread: 1stECN! $16 to over $150k in less than 6 weeks!

Originally Posted by ;

Minus 70 percent a day. . .absolutely brilliant!

the guy is a rocket science

In 6 weeks you will find roughly 35 trading days, less if theres bank holidays and what not, if you are going to do this, idealy you want to start using $100 or so, and look to double your account every 3-4 transactions, so if you've got a loss, you still have a fantastic chunk of your account risk 20%-25% of your account on any 1 trade (very very high risk), that being said, I think the only way possibly for you to even try this would be doing 3-4 transactions every day and efficiently doubled your account daily, using nothing but pure price action on the smaller timeframes, a couple of weeks after....good luck.



I've just struck a few numbers into this winblows calculator, even if you doubled your account daily for 6 weeks/35 trading days, you would have $549755813888 beginning with $16....lol

Oh and I discovered you are with Alpari, bad option IMO, from experience.

What did I learn?

The FX is no doubt a lucrative market to be in. I learn't so much from this trade I implemented that wiped 70 percent in few hours. How?

I traded the incorrect pair: GBPCHF with no session or trading activities throughout the asian times, which mean no participant on such pair immediately Bad for my egy. For the correction, I've unchecked it from my list of pairs. And focused solely on EURUSD, EURJPY, NZDUSD, AUDUSD, AUDJPY, and GBPUSD.

I checked a lower risk too as I feel that is going to be a major difficulty in attaining the predicted goal.

I implemented that trade by 10am EST; that is time Both sessions are preparing to wind up to the day. If it had been EURUSD, traders nevertheless trade that pair even throughout the Asian session, though with reduced liquidity; same using GBPUSD.

I figure I'll perform better today even if 6 weeks is...

thanks guys for donating.

I simply adjusted my proprietary egy to do only EURO pairs during Frankfurt session since that is the pair for Frankfurt.

GBP, AUD, and NZD comes in London session and NY session. GBPCHF has been deleted from my list of pairs.

I still got 18 more trading times, but figure could be 85k based in my calculator's calculation. I might withdraw funds or move it ECN commission based account, just maintain my trading account with alpari and depart some fantastic amount inside that could let me only trade 50 normal lots until I am tired of Standard acct. BTw, I have another account with another brokerage firm that allow 100 regular lots. I hope they are reputable!

Only an upgrade to whom it might concern

I have just executed a BUY on EURJPY.

I have improved my proprietary egy to fit in all market leadership between 10am and 7am NY time. Can also Work on highly volatile day's of economic news too.

I really don't see EURJPY moving up further unless there is a retracement; or maybe if I see a high probability Short. Hope you guys saw the impact of this optimization? Regardless of the retracement, the trend always hold even on very volatile day's. Like the one experienced on the EUR, 4am EST today.

Hello guys core PPI at 8:30am couldn't block the development of EURJPY neither could FOMC Member hart speach.

Until tomorrow
good bye

After a long day trading, EURJPY never gave a second opportunity to execute a second commerce ... . That's normal! A few days, I get double opportunity to execute 2 trades which drastically increase my earning. It's all great. I am satisfied;

great bye traders.

Originally Posted by ;

I'd like to apologize for the remarks that I made, although I am sure they didn't read too aggressively.

Originally Posted by ;

I do not believe there's anything wrong with trading just $16...

.

4tiger and saussiche, it is all good. I had to close the account and opened a new one using a different broker; put the explorer in my profile as private to the public since it had been used solely for actual live trainning/trading. Previous one was used for same function but I couldn't concentrate in trading due to the friction I encounted here.

Thank you friends; I am grateful.