Thread: trading systems vs account size

Originally Posted by ;

I can switch $1 to $100 by using no more than 1% margin at a little over 60 trading days, have done it many many times.

Simply trade strong tendencies, else do not trade at all, sit idle and wait for another fad move.

Like you mentioned....in little over 60 days....

I can make more than $100 NOT trading forex in half a day. . .little own 60 days....see I do forex cause I could make more money in the markets than I would elsewhere

but if ur happy with $100 in 60 days then who am I to argue

Originally Posted by ;

I can turn $1 to $100 using no more than 1% margin in a little over 60 trading days, have done it many times.

Simply trade powerful trends, else do not trade at all, sit idle and await another fad transfer.

That is a joke, right???? ($1.00) 1 usd dollar????????? misquote??????

Which broker gives you an account for 1 poor dollar????

Originally Posted by ;

That is a joke, right???? ($1.00) 1 usd dollar????????? misquote??????

Which broker gives you an account for 1 lousy buck????

I had been thinking exactly the identical thing but I didn't wanted to mention anything....lol

possibly he's a $250-$5000 account and therefore are playing $1 lots. . .hoping to get a strong fashion so that he can make 100 pips profit....once each 60 days

Originally Posted by ;

That is a joke, right???? ($1.00) 1 usd dollar????????? misquote??????

Which broker gives you an account for 1 lousy buck????

Oanda has starting account size of $1 for starters, and I need not say anything for their credentials.

Originally Posted by ;

Oanda has starting account size of $1 for starters, and I don't say anything about their credentials.

Nicely if you started a $1 account can honestly tell you there isn't any way you can turn your $1 to $100 in 60 times trading 1cent lots (assuming you cant trade your full $1 since you need to set some money down as margin).

Cause 1 pennies X 10 pips = 10 pennies
1 cent X 100 pips = $1
1 cent X 1 000 pips = $10
1 cent X 10 000 pips = $100

my friend if you're able to earn 5000-10000 pips on average (I do recall you saying that u did it a lot of times) then I might recommend you sell your home, borrow money from friends and family or even rob a bank cause ur a forex guru and the sky is your limit. . .you will eventually become the wealthiest man in the world in no time....

However, most experience traders can tell you that making 2000-3000 pips per month is outstanding trading

Originally Posted by ;

Oanda has starting account size of $1 for starters, and I need not say anything about their credentials.

Yes Forexlion,

I also use Oanda among my brokers.

I am also well aware that Oanda doesn't provide 1% margin....only 2 percent or higher. Why??? I am aware they offer you a buck for openers I don't know...I am convinced the paperwork to open up the account costs them money....though I'm sure they have that finish worked out.

So that your buck isn't working over there at 100-1....most Oanada offers is 50-1....

Here is the Kind of B.S. that lots of readers should have jumped around....yet not 1 answer!!! ??????, wonder why Does it provide that pie-in-the-sky fuzzy feeling of becoming rich without a....yet the thread Starter was bashed for stating many truths of the trading FX world.

I am starting to know more and more daily why the more successful traders opt to withhold assistance and assisstance....Not many want to hear the TRUTH....Many prefer to listen to MARKETING HYPE!

Hi Folks !

I've researched all of the posts and also to all of the guys and gals that are
confused and hesitating today what to do I recite a quote of Buddha:

ALL THAT WE ARE IS THE RESULT OF WHAT WE HAVE THOUGHT

I also started 3 years ago with a $500 mini account and thanks to
compounding I am doing quite well today.

You have to comprehend the flow of the market to create continuous
money.

Thats all I wish to mention here since I really don't wish to get kicked
out here by presenting the real bargain....

You may trade without charts if you understand the market right....

Happy trading

I wonder what the ex-Amaroth energy trader would say... trading system or account size hmmm hahaha

That I think the trading system has Shown itself

Originally Posted by ;

Yes Forexlion,

I also use Oanda as one of my brokers.

I'm also well aware that Oanda does not offer 1 percent margin....only 2% or greater. Why??? I'm aware they offer a buck for openers I don't know...I'm sure the paperwork to open up the account costs them money....though I'm sure they've that conclusion worked out.

So your buck is not working over there at 100-1....most Oanada provides is 50-1....

This is the Kind of B.S. that lots of readers ought to have jumped around....yet not 1 answer!!! Wonder why Does this offer that pie-in-the-sky fuzzy feeling of getting rich with nothing....yet the thread Starter was bashed for stating many truths of this trading FX world.

I'm beginning to know more and more daily why the more effective traders decide to withhold help and assisstance....Not most want to hear the TRUTH....Many would rather listen to MARKETING HYPE!

I must agree with you. We wanna assist people make a success from FX but nevertheless they are stubborn and ignorant and feel that Jesus/Buddha/their own opinions/their unrealistic dre/what-the-drunk- guy-next-to-them-in-the-bar-once-said....etc....will assist them make money in FX

I always remember what my initial broker told me I found out that zar/usd is not a major currency with them but an exotic currency (that's virtually untradable cause it requires around a minute to get a quote however the currency can move 1000 pips a day)....he said: Sir there is no easy money to be made from FX. I will never forget this statement coming from somebody that has been in the business for 20 years.

Originally Posted by ;

I wonder what the ex-Amaroth energy trader would say... trading system or account size hmmm hahaha

that I think the trading system has proven itself

if you are so certain your trading system has proven itself why dont you market it to everyone on here???? Cause most people seem to start looking for the holy grail....

Ps....any trading process is based on indiors and as we all know most indiors are lagging....so by the time you get in the market....the big boys happen to be taking profits...