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Songs about forex Архив

One million per month forex

Автор: Tojaramar | Рубрика: Songs about forex | Октябрь 2, 2012

one million per month forex

A trader who deposits $1, can use $, (with to 1 leverage) in the market, which can greatly magnify returns and. If you want to take a trading account from zero to one million you need to have a money. And with a $1 million account, it's $20, to $50, per month. Bill Lipschutz, one of the best currency traders of all time started. FOREX PAIRS MAJORS To do this, open your excel. If you already is zero chance. To ensure that the premise of in the console typically done with increased server security the "mimetic faculty"; whole heap of threat issues.

The bigs know this—they run the price through the resistance area, knock out the stops, then move the price in the direction they intended in the first place. Interesting to see what happens here. You stated the obvious rules that govern fx market. But I have following observations; 1. One can trade news successfully with good strategy and good broker.

Trading news is very profitable when traded very well. That was a claim made by Ted H, one of your paid members. This entire website is a collection of my opinions on various topics. When I say to avoid trading the news, it too is my opinion. Sir you confuse me. You suggest a higher timeframe, what to do if news comes and you are in trade?

Hi Justin Once again you nailed it. I have only been trading for about 3 months I was introduced by a family member who turns out to be a very aggressive trader but you only heard about his wins not loses. Anyway I was hooked and then I found Forex Factory where there was an article from you and after reading it I was a member within hours.

Only in the last week or 2 have I started to make very small profits mainly because I have strict rules around protecting my capital. In fact so strict I have yet to reach any of my targets. Thanks so much for all of your posts and I enjoy going on this site every day I reckon you must of cloned yourself because there is no way one person can do all what you do. Please keep up the good work and live forever. I started trading forex October I have lost much money.

I set out to make profit but lost so much. I need help. Comfort, take it easy. Go for knowledge, go and read, go and do paper trade for few weeks to months, before you go live. Join forex groups. Ask more questions. Praclick, practice and practice more. Can anyone make a living trading the markets. Can you take trading as a fulltime engagement rather than a hobby or a part time endeavour? Thanks Justin. Thanks a lot. For last two month, I could not make any good setup in my treading.

I love your blogpost. I have a question. Between Stock Market and Forex Trading, which is better to invest in? It is unrealistic. Sometimes, I lose what I gained last month. Justin is the only Coach in this industry I have ever seen, who teaches you 2 most inevitable things: 1. The art of Trading, how to trade on your own and 2. Love your money, minimizing losses will ultimately increase your account.

Thanks for this post, Justin. Given the way you emphasize this Trading Process in many of your posts, could you expatiate it. For those of us who want to follow it, What is a Trading Process? Look at all articles on this site. It just might turn your trading around.

Very instructive! I assimilated every bit of it. Thanks also for your daily trading signals. Thanks alot Justin for your knowledge. Damn I must be a god then XD Yay every one is godawful but me. The excitement of binary options trade can disappear as soon as you learn what is expected of you. You have to learn trading strategies, decide what assets to trade on and which broker to use. It is a lot of work but when you start making money, you will forget about the struggle.

If you decide to trade in Forex. I am a victim of a binary scam I was burned by a bogus broker recently it was difficult to get a withdrawal. I had to hire a recovery company to get my funds back. Is it possible to identify a false breakout and how to know if a breakout will retest before going in that direction.. Hello Justin. They have been around for 3 years and they have been paying out consistently.

They have not yet been regulated because there is no regulation for forex in my country yet. However, this broker has had press conferences and invited regulatory authorities openly to regulate the forex market so as to give investors confidence. So they are not like a hidden business. They have branches in about ten states in my country. I would like your thoughts. Too late for me now. Now the CEO said he made a huge loss so he was unable to pay back our capital and he is no where to be found right now.

They have a binary option and too hard and aggressive marketing plan. I would like to understand Forex Trading before i can invest money? How can one identify authentic broker or person to assist on trading? Finally got my refund and im glad to share her contact information to save others. Dm if your interested to make profits.

I am about to start forex trading but I am trying to gather as much information as I can before I do. Everything you said makes so much sense, the person that introduced me to Forex has not explained things the way you did and I would love to get as much info from you as possible please.

Thanks Justin for the way you have explained forex earning. Because profit is the reason why anyone can think of doing business Once again thank you. A book, a school? Is there any formal classes that teach this that are legit? What book do you recommend? Many people think that you require a massive amount to trade forex and enhance profit. If you somehow manage to create and apply a successful trading strategy, then your first dollar forex trading account could change your entire life.

Forex also known for Foreign exchange which is the largest financial markets globally. There are millions of people who have benefitted through trading forex. Buying and selling foreign currency means speculate the upward and downward value developments of a currency pair, with the expectations to make a profit. The foreign exchange market is the largest volume market where there is a strong network of traders.

It is a decentralized market. The large players in the foreign exchange market include central banks, commercial companies, hedge funds and investment banks. Hello everyone, Are you looking for a professional trader, forex and binary manager who will help you trade and manager your account with good and massive amount of profit in return. Yet i unable to make withdrawals and all attempt to contact broker proved futile.

This is very pathetic and i felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. Thanks to this recovery team, they have the best wealth recovery experts…Contact their mail for more inquiries cryptorefunder at gmail dot com.

So far, I have lost a total of about 1, euros. Wherever I was thinking, no one would do anything but trade currencies So I switched to savings. Hi there, it means now you have more than times of your first capital. My only question is, why we losers are important to you? Is it possible to trade Forex for a living? How much money can you make trading Forex? What is the best way to make money with Forex? Justin Bennett says It applies to every trader. Alanso says I have a really good and reliable trading Strategie, and I made Jeor Mormont says The point is, there is not fixed return in a month.

Khaing Khant says I have nothing to say.. It is too useful for me.. Thz u sir. Frank says This is Quite an information. Justin Bennett says Hi Frank, I might write about this one. Oso James says I am an employee, how can I start the process of trading. Donald says What u are saying it is true bcuz since I have been in trading industry I have never make consistent profit buzzy over trading i read everything that u are posting i like to say thank Reply.

Darius says I do not get people how you believe about those big profits. Ade says Many of these prey on newbies who come to the forex market and do not know how difficult it really is to make money. Justin Bennett says Thanks for the question. See my response to Frank above. Chekwe says You have said it all. This is an eye opener to me. Thanks a million times. Chucks says You stated the obvious rules that govern fx market. Justin Bennett says This entire website is a collection of my opinions on various topics.

Ibrahim Alexander says Sir you confuse me. Rickwin Marakim says Thank you for the excellent advice and suggestions. Really appreciate it. Wallingnuma says Hi Justin Once again you nailed it. Agung LA Fx says I am agree. Trading is a process Reply. Ruben Reply. Comfort Oby Nwosu says I started trading forex October Vik says Reach out I could assist Reply. Daniel says Comfort, take it easy. Yes, I am very interested in seeing and doing. I know there are many people that make a living trading.

They also have a the funds to do it. To start and fund a trading account with dollars is in my league. Look forward to hearing more and going on the journey. Sir: I am hungry for aboslute freedom that a cool million would bring, Lord willing of course. So, how soon can I take part in this here venture. Mag - Look, I'm willing to do all I can to help any fellow traders, but it may take us a little time to work out the best way to keep people updated.

I'm a writer - I'm not a computer whiz. I just got an email saying I have a new follower on "Disqus" I don't even know what Disqus is. Any event, give me a few days to get things set up and rolling - there will definitely be follow up columns from me on this. When you will have an account bigger than k depending on your risk tolerance you need to accept loses of 7k 15k or even 20k on some days, and than you will need to make profits bigger than k daily.

These will be the problem, how to realoses of 7k 15k or even 20k on some days, and than you will need to make profits bigger than k daily. These will be the problem, how to react on such big price oscillations! I feel much more confident now. Seriously, you're quite right, there will be those problems when the account hopefully does reach the higher dollar levels I hope we will have the pleasure to dicuss these topics infuture.

Oh, come on, starting with is practically like cheating. I agree that the idea is crazy. In fact, so crazy that it might just work. I love crazy and that's why I'm in on this with you all the way. Jack, Greetings first of all Well I read through your article and I see some very serious conditional attitude that "What if" you able to pull this off I mean What's the harm in it Because going from k to 1million may sound very interesting but the risk appetite is substantial I thoroughly believe if you can make ur account grow from k to 1 million or more then why not from the smaller account?

Initially may be it will take more time to from from 50usd to may be 1, or 10,usd but I will call this victory even if someone can get to 10k. What mostly we do not realise is the patience invlove to grow from very small to medium By the time u r near 10k or plus ur strategy and trading experience will be so much that it will become absolutely possible once u cross 10k barrier I'm all in to trade live with you Seriously sometimes we spend 50usd just for nothing so why not try something that's has something extraordinary to offer I'll consider it a lottery ticket So jack I'm all up for it Just do it.

You raise an interesting point, Ayaz. The growth rate assuming the trading plan works will be exponential, that is, growing faster and faster as we progress. Hey Jack! But remember this, your countrymen put a man on the moon! Looking forward to joining you on your epic voyage. Thanks for sharing this. Harry McPhie Born again optimist. Thanks for your kind words, Harry Yes i think this would be very interesting, and i think it is acheivable because many pro traders have done this in a year.

A very good idea Casey, keep everyone posted. So long as you remember three words, patience, discipline and consistency My favourite saying is based upon the most basic law of geometry that we were all taught in school. Good Luck with your project, I will be following closely. I'm going to go look up what those words mean right now.

If you have that, then yes I believe it is quite possible and would be very interested in following along, and. I see a mountain of them And like I said earlier to someone, if I find out how to do a Google hangout, I'll consider it. By the way, uh, if anybody could slip me the next monthly NFP report a couple of minutes before it comes out, that would help. Very interested in following. I believe it is possible to be profitable in forex trading, but not there yet myself.

Would like to see the trades posted as they are placed live to see when entry and exit is made by a trader that knows more than myself. So, yes, count me in. Keep me posted. I hope - and I think - you're right about that - it's certainly worth the effort just as a learning experience if nothing else.

Sounds exciting, but I think everything is possible if you have faith - I also try to make money in Forex, so I'm ready for success. Faith - let's go with that. As i believe it is possible maybe not a million i love to follow and might shadow trade. Sounds like fun. That's kind, that you said "interesting" rather than just "insane".

I mean, let's hope so. I also wonder if you are able to hedge in your trading and if you plan to consider it. I am able to hedge my broker is outside the U. Good thought, thanks. I am intrigued by the Break Even is the worst result strategy espoused by Joe Nemeth using hedging techniques. This might be an opportunity to test it out.

I am game. Sounds like an interesting experiment. As long as it does not implies working on the screen all day. And I am on GMT so that may make it a bit hard for me. Assuming you are not on or close to GMT. Well, not ALL day.

Seriously, about the longest I ever trade is the entirety of the London session - but usually I try to just work either the London morning session OR the New York morning session. If I can open up at 7 AM and turn a nice profit by , I'm perfectly happy to call it a day and go ahead and turn off my screen.

I am sure it is possible and I am already working on a trading plan to achieve this. I believe that forex trading is extremely simple buy we humans make it extremely complicated and difficult including myself. Its all about discipline and patience and taking the word greed out of the equation. I'm guessing normal risk mgmt.

If you catch a great trend it may be possible but the risk of blowing up is going to be hard to overcome and that is one risk you will definitely have to take, at least initially. It would be great if you have a process for notifying those who want to follow the trades as they happen text, email, discussion board, something else real time so we can truly participate with you.

Looking forward to seeing more about this endeavor! Hello Casey. WET team is growing and Jack is new member of your team? But sometimes the craziest ideas are more successful then the common ones. I will definitely join this program if WET will launch it. For me personally it will be huge experience and great success reaching even Good attitude. I obviously can't guarantee success to the tune of a million dollars, but I will guarantee you that I will trade this account as if my very financial life depended on its success.

All I have to start with is Sounds like a crazy ride. Not the sensible forex way, but fun and just crazy enough to work. Feeling lucky? I believe this sounds like a great opportunity especially for people who don't have alot of starting capital. I will be looking forward to hearing your next steps. Thanks, Gregg - My thought is that, as long as I can manage to stumble along without completely blowing out the account, A there should be some valuable trading lessons learned along the way, and B even if we don't make a million, we might still turn a very nice profit.

I am so glad you touched upon this for 1 main reason: Americans, and everyone else for that matter, need to take personal responsibility for their own financial well being. NOT reliance on government, but reliance on financial astuteness and thus investing. Ideally, I wish you had a simple system of indicators or proprietary software that would indicate where to get in and when to get out. I wouldn't mind doing the trades live with you if you held them on a Google hangout, and alerted us via text messages when you're actually going to be trading.

However, I'd need to get set up with an account and actually learn how to place a trade too, But if I had that info, I'd like to trade along with you, learning as I go, and scaling up the profits. I don't know why the creators of forex programs don't just offer a service like that if they don't offer mirror trading software. I really like your idea, especially that you're starting small and hope to snowball it relatively quickly, which is something I think many people will appreciate.

Timmy, Thanks for the comment, Actually your comment about making trading simple. That is truly what Winners Edge Trading is all about, so please hang out and enjoy the articles. If you ever need any help, we are just a question away via comment or email. We are releasing our simple trading dashboard in the next month or so. Timmy - Totally agree with you obviously on the need for people to take personal responsibility for their financial well being.

Just email me through here at info winnersedgetrading. Please don't be insulted, it's just that I seem to have put myself in a bad position! Although I've signed up to watch some of these and actually attended by clicking the link to attend, I have NO idea how they're set up or conducted, LOL!

And if i could put you in touch with someone who knows how it's done and can explain it to you, I surely will. I guess I assumed that most people who have digital products and services knew how to do such things, or had staff that were technical and could set it up. Lemme see if I can find someone to reply to your request instead of just hoping you'll be able to figure it out off of some YouTube video, since a live person can explain it better I'm sure!

Steven, We haven't started yet if you notice in the article we say that we will only attempt this if people are interested in following along. Once we get confirmation we will get a myfxbook account as well as sharing the strategy that Jack will be using. So I take it your interested? Steven - Watch for an update here in the coming days - As I noted in the article, I wanted to see if there was genuine interest before going to the trouble to set everything up.

I am hoping this post is a complete parody of the flood of SPAM that comes through my inbox on a daily basis, but if so, you need to refine your writing style to make it more obvious, because I'm having a hard time telling for sure. Or maybe I just need to loosen up a little bit. And if not, and you're actually serious, then I'm curious as to how you got a post here, since the theme of your post is the complete antithesis of everything Winners Edge Trading has been teaching.

Dave, Thanks for jumping in here. Actually yes we do teach safe and sound trading principles in forex and we truly believe in them. However, we also believe that diversification is important and that traders should have low risk accounts as well as high risk. With that being said it is possible to transfer funds made in high risk account to a low risk account. Just remember as Jack states he is conducting an experiment with low starting capital.

Experiments in trading are also extremely important as long as you have your testing methods setup in advance. Sihle - Thanks for the encouragement, and it IS possible - it's just a question of whether I happen to be able to do it in the time frame noted. Any event, we should all learn some helpful trading lessons along the way.

Dave - I hate to break this to you but Do you want consistent cashflow right now? Our trading coach just doubled an account with this crashing market strategy! Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

Table of Contents hide. Learn More here Author at Trading Strategy Guides Website. Ricardo says:. May 8, at am. Hillary says:. December 16, at pm. Ayemere moses says:. February 5, at pm. TradingStrategyGuides says:. March 23, at pm. Christopher says:. December 5, at am. July 19, at am. Ahmed Hasan says:. August 4, at am.

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One million per month forex reddit investing ideas and strategies

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Weizmann forex stock Leverage is a double-edged sword, as it can lead to outsized profits but also substantial losses. Osmin says:. Is this logical? Wherever I was thinking, no one would do anything but trade currencies So I switched to savings. I believe it is possible to be profitable in forex trading, but not there yet myself. Investopedia does not include all offers available in the marketplace.
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Development of a forex trading robot Forex Mini Account Definition A forex mini account allows traders to participate in currency trades at low capital outlays by offering smaller lot sizes and pip than regular accounts. Top reviews from other countries. Because excessive leverage is the single biggest risk factor in retail forex trading, regulators in a number of nations are clamping down on it. Day Trading Risk Management. I see a mountain of them Key Takeaways Many retail traders turn to the forex market in search of fast profits. Gotta love the trader's spirit

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By taking paid surveys online, every day for a month, making about a whopping one dollar a day for what often took several hours of work a day. Now, HOW are we going to accomplish this? Specifically, I plan to utilize a trading strategy that I have used profitably before, trading primarily on the minute time frame. One great thing to remember is to use support and resistance levels. This will help you stay out of bad trades and increase your winning percentage which is always important when going for account growth, especially if you ar trading to earn 1 million dollars trading.

I recommend that you will start out with a basic strategy with a high win rate. The best way to get a strategy is to take a look at the best strategy to make a living article:. The key to doing this will be discipline, discipline, and more discipline. Trying to make a million dollars in 15 months necessarily means taking some risks. However, I will stick with the basic trading strategy I have in mind. So, do I really believe this is possible?

I sincerely hope with all my heart that we do succeed. I hope for success not just for my sake I could use a quick million — pay a few bills , but for your sake, too, for all of you reading this and coming along on this journey with me. I believe that forex trading offers financial salvation.

Sounds like fun to me, but what do you think? If you want to take a trading account from zero to one million you need to have a money management strategy to get you there. Yes, pips a month is a fast growth but we are going for a million dollars trading, very quickly this isn't going to be easy. For this example, we are going to work at making pips per month. That is pips per week which is just 25 pips per day. If we do one trade a day at 25 each that makes it a little bit easier.

However, let's not forget losing trades. IF you have a 25 pip stop loss and win one trade and lose one trade you are at 0 pips. Not always an easy task. Just remember though sometimes you can win the entire pips in just one week.

There are many ways to do this just try to stay on task and focus on pips a week with 2 per day being a good guide. In the following image, I break down a great way to increase your account without using excessive risk. Is this a fantasy or can you go from zero to 1 million trading? And that you had a few weeks scattered in here and there where you did NOT make it UP to the next level. Maybe have a month where we make less than pips.

We just adjust and move on. Keep on seeking the target of going from zero to 1 million. Let's carry it even further and say that you're just getting uncomfortable going above the 2 lots. Let us say that it took you 26 weeks to slowly move up a mini lot at a time and now your trading 2 full lots and that is enough for you. Weeks 26 through Can you do this? What's amazing is you can target pips doing just one trade a week. That would be the way to do this. The following image below is a trade of pips using just one trade.

One trade per week of pips would do the trick. If this is something you cannot believe in. Make sure you keep track of this each week using a trading journal. This is an idea that we have put out there for the trading community to think about and act upon. I believe this is possible and the two hardest parts are discipline and learning to cope with losses without taking a huge loss.

If you want to learn about how to trade 1 million dollars using our money instead of risking your own profits I recommend you try our Forex Master Trader Program which includes access to our prop firm where you can trade up to one million dollars trading.

Here is the next post in which I outline my million-dollar strategy. It is possible to make 1 million dollars trading forex as well as making 1 million dollars trading stocks. We specialize in teaching traders of all skill levels how to trade stocks, options, forex, cryptocurrencies, commodities, and more.

Our mission is to address the lack of good information for market traders and to simplify trading education by giving readers a detailed plan with step-by-step rules to follow. I would happily provide a myfxbooklink of my account for you to use for marketing purposes and would give you this from day 1 if you want it. I definitely think it is possible with aggressive position sizing and decent strategy to exponentially grow an account.

Set up a signal! Could call it: Million Dollar Baby. Good luck. If you set up a myfxbook link for your experiment please add it to your response to my comment. Only saw that this was infact a year ago What happened? Jack, I am certainly excited with this challenge.

I will certainly follow you through the entire process and win or fail I admire your generosity and your trading passion. Best of luck which I don't think you need it because of your ability to trade!! Very interesting concept. My 'gut' reaction is absolutely no way you can take nothing and make a million Then I read how you have raised your initial capital, so its no longer a question of trading from nothing.

You have raised your starting capital from non trading activity kind of a cheat, but I'll forgive you So,d I think you can get from 50 to a million? No I don't. Would I have believed you if you stated you were going to go from ten thousand to a million? Yes I would - that is a strange set of perceptions.

Why do I believe you could increment two zeros but not four? So, now having examined my perceptions I realise they are totally illogical. So in the space of half a dozen sentences I have completely changed my mind form 'No it cant be done' to 'Yes, I believe you can do it'! Is this similar to the wonder of compounding? Of course it should work, providing iron discipline is employed. Count me in! I'm really looking forward to participate and think it's a fantastic idea! I have my MSI indicator and my 50 bucks ready to rumble.

If you manage to pull this of it will be sending shockwaves around the whole world of traders and beyond! Though I do not believe to reach the target of a million in 18months. I project a realistic safe figure of 10, Bring it on! I will watch intently to see what i can learn.

Well, this is a great site to help you learn forex trading. It's not as complicated as it sounds,,,but it's not as easy as it looks either. This sounds like an awesome idea! I'm headed to Africa next week so trading will be very hit or miss if at all.

Which is a bummer since post NFP often opens up some nice spaces for trades. When I get back we should email about strategies. I'm not familiar with yours and trade a fair amount of divergence myself a la Rob Booker. I do think it's worth mentioning that one really needs to be able to use an offshore account to do this.

Like if I had to make that feed me I'd not be eating. Good point, Allison - trying this with only leverage would be, well, annoying. Not impossible, but annoying. Back to our "slow learner" conversation elsewhere, I finally learned to be out of the market during the monthly NFP when the market jumped my stop which was already 50 pips away from the current price by almost pips.

If you're right on the NFP and don't get stopped out by a spike in the opposite direction , it's great - but if you're wrong, it's murder. I hate turning a profit in a demo account - it always just makes me want to kick myself for not doing the trade for real money.

I was teaching a friend how to trade, and he practiced in a demo account, and made a fortune Everything will cost you something, even reading this cost you time invested, and Time is one of the most valuable possessions we have. So if you are thinking about not costing anything you have the wrong mindset already. But reading articles on this site are free and always have been but it is still going to cost you something.

If risk capital content of this venture does not change I will sure be interested in participating. I'm very interested in following along. This seems nuts enough to work! A "Jump and the net will appear" type of fun! Let's do it. What could possibly go wrong? Instead of Turtle Traders, we could be Rabbit Traders! I think we would probably be the most interesting traders in the world.

This should be a very interesting project. I intend to follow it as close as possible. If you could even make the 10 to 20K mark in the 18 months, just think what is then possible in 5 years. A very BOLD challenge, this would give a new definition to "anything is possible". You have my respect! I am very interested to get in on this. Been day and swing trading for a few months and have not been too successful yet. Any plans on when you are going to start it?

Are you planning on having instructions for those who would like to follow along? Excellent challenge. I am happy to know that someone go for this kind of experiment. I am absolutely sure it is possible. I'd be interested in trading along with Jack.

Hopefully he can make much more but time will tell. Keep me posted please. Jana - Hey, if it was complicated, there's no way I'D be able to do it. This is really a fantastic idea, that many people most probably will encourage you to do. Will we be able to join your trades?

Which 2 strategies will you use? If the Trader 'John Carter' can make 1 million in one trade, why shouldn't we be able to make one million in 18 month? People who say this is not possible, are people that aren't worth trading. Just know we really want you to succeed in this project Thanks for your wishes of success. I need to get on a "prayer request" list someplace. Let's have the link and I'll see you at the station. I would definitely be interested in following this as it progresses.

I think this is probably what we all secretly want to be able to do I definitely do. I only have a small trading account and would like to make it grow big in a similar time scale. I will be watching closely to pick up any tips and hints on how to be a better trader.

Go for it Jack. Hi Jack! Very exciting idea and goal!! The trading room is looking forward to following you on this massive yet exciting challange! Leigh, you are now officially in charge of positive attitude for this journey. Me, I worry all the time. Yes very interested in your idea, I wish you luck and would love to jump on board, I look forward to hearing more about your strategies.

It 'a really a beautiful, "unhealthy" idea, but we have to try because other professions do not offer any stimulation. Thank you for contacting me, I'm definitely interested also to learn this wonderful profession Thanks for all. I am interested to be part of the experiment. I consider it relatively easy for the first few months, but while the balance increases the difficulty is getting higher and higher.

I love the way you said "just by doubling the balance every month", like that's practically no trick at all. This will never work I'M IN-- lets do this. As always for me its holding my nerve when profits build to a substantial amount.

Gotta love the trader's spirit It's a great idea. Let's give it a shot. Hi What about hooking your trades up with an auto or mirror trader, so that every one would be on the same page per say or at lest end up with the same amount in all accounts at the end.

Robert we may do a Myfxbook account but this is a Case Study to see if it can be done this is not a signal service. However if he pulls it off we just might start one!!!! TK--I could certainly use an "upmove" like you envision. It could certainly resolve my financial needs and I would like to participate.

TK Thanks for the post, This is only a case study showing how Jack will do it, this is not a signal service just to be clear. Anxious to see it happen. Through all the hype that's out there, I want to believe and see how it is done. I agree with Jack and believe Forex can help us make an income. I have in this trading for about 10 yrs.

In forex I agree to start with small capital and see it grow. Tho I burst many small accounts but I believe I can make it big one day. Now I trade with more confidence. I am in Jack thanks. Who would not want in with a name like yours if nothing else!

Maverick: an unorthodox, independent-minded person -- risk-taker. Story of my life both good and bad! Life is short so why not take the ride! This could be fun and, even better, profitable. I do look forward to the idea of starting very small and potentially gaining big.

Psychologically the losses taken will be on "free money" so will be easier to handle - the gains much sweeter. Working on the principle Yes I'm interested, can't wait. I surely would like to follow your experiment. I would like to see your strategy of running the bank up. I just started with the SMI software in a demo account this weekend.

What is your handle on "MyFXbook". Who knows, if you do win this will be the most inspiring story for years to come. I think it's not only a game of strategies, but a mostly a game of guts. Come one, let's do it. I would be definitely interested, but need to know the proposed specifics; What session would we trade follow you on.

Will this cost us ANY money other than a small amount to begin with to trade? When woudl you be teaching your "strategy" or would we learn while you trade? Basically what are all of the specifics on this? Very interested!! Stay tuned here for specifics - as I said in the article, I wanted to see if there was real interest in this before proceeding. And apparently there is! Free - I'm on US east coast time, but I often get up for the London morning session, just to see what's going on if nothing else.

Yes, I am very interested in seeing and doing. I know there are many people that make a living trading. They also have a the funds to do it. To start and fund a trading account with dollars is in my league. Look forward to hearing more and going on the journey. Sir: I am hungry for aboslute freedom that a cool million would bring, Lord willing of course. So, how soon can I take part in this here venture.

Mag - Look, I'm willing to do all I can to help any fellow traders, but it may take us a little time to work out the best way to keep people updated. I'm a writer - I'm not a computer whiz. I just got an email saying I have a new follower on "Disqus" I don't even know what Disqus is.

Any event, give me a few days to get things set up and rolling - there will definitely be follow up columns from me on this. When you will have an account bigger than k depending on your risk tolerance you need to accept loses of 7k 15k or even 20k on some days, and than you will need to make profits bigger than k daily. These will be the problem, how to realoses of 7k 15k or even 20k on some days, and than you will need to make profits bigger than k daily.

These will be the problem, how to react on such big price oscillations! I feel much more confident now. Seriously, you're quite right, there will be those problems when the account hopefully does reach the higher dollar levels I hope we will have the pleasure to dicuss these topics infuture. Oh, come on, starting with is practically like cheating. I agree that the idea is crazy.

In fact, so crazy that it might just work. I love crazy and that's why I'm in on this with you all the way. Jack, Greetings first of all Well I read through your article and I see some very serious conditional attitude that "What if" you able to pull this off I mean What's the harm in it Because going from k to 1million may sound very interesting but the risk appetite is substantial I thoroughly believe if you can make ur account grow from k to 1 million or more then why not from the smaller account?

Initially may be it will take more time to from from 50usd to may be 1, or 10,usd but I will call this victory even if someone can get to 10k. What mostly we do not realise is the patience invlove to grow from very small to medium By the time u r near 10k or plus ur strategy and trading experience will be so much that it will become absolutely possible once u cross 10k barrier I'm all in to trade live with you Seriously sometimes we spend 50usd just for nothing so why not try something that's has something extraordinary to offer I'll consider it a lottery ticket So jack I'm all up for it Just do it.

You raise an interesting point, Ayaz. The growth rate assuming the trading plan works will be exponential, that is, growing faster and faster as we progress. I forgot that I did this challenge at the beginning of this year. I was going to put a post on the site at the time but it slipped my mind. So here it is, better late than never I suppose. I was set a challenge by a trader I know to turn k into 1 million. We both started with a k demo account in Feb this year. It took me until April to do it, but I was only trading part time.

He could not manage to do it, and ended up giving up on the challenge. He was not trained by me I might add. I have not posted the full statement as its too big. I have just posted the start and the end.

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