100% Challenge

Level 1 – £20 into £40
Level 2 – £40 into £80
Level 3 – £80 into £160
Level 4 – £160 into £320
Level 5 – £320 into £640
Level 6 – £640 into £1280 etc

starting next week

Not sure how you expect to accomplish this but I think your odds of catching 6 red numbers in a row on a roulette wheel might be higher

to the second floor, your comment is mean but somehow make sense…

Newbie like us always have big dream with forex :smiley:

I will try and post videos of each trade somehow; (For visual aid) no cherry picking trades to show.

Realistically speaking, even the best traders on this planet cannot accomplish this, so good luck to you.

Agreed with everyone above - in theory sounds nice. In practice? …

Hi Guys, what is this about? Can you please explain?

such an optimistic bunch aren’t you lot haha!
This is a little preview of this weeks trading, i will be making a new deposit on the 05/04/2016 starting with £20.00.
The reason why i am doing this is just beacuse i want to; im not trying to prove myself or anything, just a bit of fun, but dont get it twisted i am more than capable of completing this challenge!


For those who cannot read the picture

Deposit - 7 euros - 29/03/2016

P/L - 73.43 euros - 31/03/2016

What you have here is a Anti or reverse martingale, below is description I pulled from Wikipedia , it has it’s merits in trading when applied to a strong trending market, big reward for low risk, but you will need to be very luck to catch a strong enough move to win 6 trades in a row,

Good luck,

Anti-martingale[edit]

This is also known as the reverse martingale. In a classic martingale betting style, gamblers increase bets after each loss in hopes that an eventual win will recover all previous losses. The anti-martingale approach instead increases bets after wins, while reducing them after a loss. The perception is that the gambler will benefit from a winning streak or a “hot hand”, while reducing losses while “cold” or otherwise having a losing streak. As the single bets are independent from each other (and from the gambler’s expectations), the concept of winning “streaks” is merely an example of gambler’s fallacy, and the anti-martingale strategy fails to make any money. If on the other hand, real-life stock returns are serially correlated (for instance due to economic cycles and delayed reaction to news of larger market participants), “streaks” of wins or losses do happen more often and are longer than those under a purely random process, the anti-martingale strategy could theoretically apply and can be used in trading systems (as trend-following or “doubling up”). (But see also dollar cost averaging.)

Ok, so the 100% challenge will be starting 05/04/2016, initial deposit will be £20.00 (24.98 euros + 30% bonus= 32.47 euros).

Level 1 - £20.00 into £40.00 (32.47 euros into 64.94 euros)

I would like to see the progress in the next week :24:

Thank you for your comment