1000% a month! WTF?
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Thread: 1000% a month! WTF?

  1. #1
    I've seen contest results where folks are earning 1000% - 80000 percent a month! WTF? HOW are they doing this? Does the market even move?

  2. #2
    Quote Originally Posted by ;
    All these are probably results in the EA contests.
    These items are designed with a complete deficiency of cash management, and therefore are often working as many currency pairs as you can.
    It is essentially gambling that they will have a good streak, win the contest, and also make a few million off their EA which will seem to have good benefits, but will end up conducting an account to the ground at a couple weeks.
    Ok good I was beginning to feel frued lol

  3. #3
    Nah, no need to be discouraged.
    Even when you're just 0.0001% upward, that's still profits, and profits are something to be proud of, either large or small. Realistically, enormous returns are not something to anticipate. Aim for yields and allow your account grow. Don't bet the farm on a single commerce expecting to double up quickly.

  4. #4
    I think that those kind of yields have to have been doctored up or something.

    I am happy with my average return of around 10% per month

  5. #5
    Quote Originally Posted by ;
    I have seen contest results where folks are making 1000% - 80000 percent a month! WTF? HOW are they doing this? Does the market even proceed enough?
    This was made on with actual money on demo account. I double demo account at a week, but I can not anticipate the exact same in my live account. Any profit on dwell account greater than profit on demo. Whatsoever.

    Quote Originally Posted by ;
    I'm happy with my normal return of about 10% per month
    This is quite good income. Thumbs up!

  6. #6
    I think 10 percent is a good place to start and push on from there.

  7. #7
    Quote Originally Posted by ;
    I think 10% is a good place to begin and push on from there.
    If you've got a sizable account (state $1M), you do not need anything more than 10% a month. Since you'll have $100M in a few years at the rate of expansion.

    I am working toward my $1M with 4% monthly expansion and I discovered it challenging enough to sustain it due to the dollar figure because the account size increases. (it was quite simple to roll a $1000 to a $5000 acct in a few months....but not from a $1M into a $5M in precisely the identical amount of time)

    Having stated all those crap, what is more important is to maintain a consistent rate of return regardless of capital dimensions (even if it is 1 percent a month, of course, it will be meaning in the event that you can noly make consistenly 0.1% a month because you are likely to get more from a predetermined rate deposit). If you can find a rate which you may grow your account regardless of the total amount of capital you have. Then technical you have developed yourself a system which you may count on and be proud of. And discount those with greater than 100% annual return because majority of them are unliable and unsustainable.

  8. #8
    I think those Mad returns you View are on demo accounts with martingale systems That Anyone can do, heck you can martingale an account for months on end with These Yields only to wake up one day and Discover your a/c melted away like ice in the sun

  9. #9
    This is the person thats directing the myfxbook competition right now, no martingale, simply bet large and be appropriate, same with any type of gaming

    http://www.myfxbook.com/members/sara...st-saraa/87218

  10. #10
    10 percent a month is pretty optimistic.

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