How far can £100 go?

[ganiel]

I think its possible but very difficult and you will not get rick quickly. Because to put big bets, one ought to have a high certainty on the transaction. Please do not bet 50 percent of your account on a transaction its mad. Is 10% and that should be a high likelihood setup that is high. Which means you probably will have a handful of transactions that a month.Your account will expand exponentially but not fast.

[cojokugo1982]

I think its possible but very difficult and you aren't going to receive rick quickly. Due to put bets, one needs to have a top certainty on the transaction. Please don't bet 50% of the account on a transaction its mad. Is that needs to be a top likelihood setup that is high and 10 percent. Which means you probably will have a handful of trades that a month.Your account will grow exponentially but not quickly.

That's why you do it with a 100$ account that you don't care about:O I mean, why don't you. . High rish, higher reward haha

I would never do this on my real account tho, not stupid. . :O

[ocamiz92]

Happy journey! However, I see, you are planning with a particular SL and TP, but be flexible if you would like to keep here for a very long time! Make your trading plan in order to the market demand and supply, not! Your trading egy is the secret here, yes you need to follow money management and risk management policies honestly!

[poxg]

okay so because you can tell from the title of the thread I will see how far I could take a 108 pound account.
There is no time limit and the method differs to what some may suspect, I will be using 1:2 RR in 50:100

therefore that the trades will require me to either 50% of the account or earn 100% profit

I will utilize a 25 pip stop loss for a 50 pip profit and it will go something like the dictionary I uploaded

I will also set up a youtube account for one to accompany me along the way and place some levels im looking to exchange from in advance so any advice/insights into these levels is valued...

a few side notes...

- I'm not looking for, asking for nor will accept some money so don't come into the thread claiming that is what I am after
- yes the risk is large, but the balance to begin with is small and then the money is profit, I guess this isnt as hard as it seems, I typically exchange with 5-10 pip stops and goal 100 , the only difficulty is that the greater risk the bigger quantity of transactions
- there was another thread similar to this called rags to wealth some time back, the idea has come from that... so any details only read .
- I DON'T NEED 9 CONSECUTIVE wins, I only want 9 NET wins, I could have 1000 wins and 991 losses and still be at 50k
- Pairs I will trade are UJ EU UC EJ, possibly others if the chance presents itself


some of the details like a commerce explorer and youtube account will come shortly...


the very first trade I am looking at is on USDCHF sell at 0.9955... it is a double top, SL 0.9980 tp 0.9905
Edit: I didnt receive the transaction... account startup shooting little longer than anticipated
Broker employed is City Index on their AT ace platform