Well - you should know: according to this post, you’re the one claiming to make over [B]450%[/B] per year (taking the average of the figures you gave and allowing for compounding only once a month). And I hadn’t realised we had one of Jack Schwager’s “Market Wizards” posting at Babypips.
Shame on you girl - you’re normally the first to figure these numb nuts (opps I mean wizards) out
No it’s impossible on a small account because you can’t apply correct money management on a small account. So trades become lucky dips at the end of the day. And if you are lucky enough to have a six figure account, do you really want to achieve 100% returns. Its all relative at the end of the day.
Exactly, this is one of the properties of the bell curve… its nowhere zero, so even the smallest possibility will happen if tried enough times. the question is, do you want to bet your money on a system that will make the 100% only in 1 of a million tries?
Successful forex trading involves compensating for your losses with your wins. No one wins all the time without losing once in a while.
That could be a very good offer. Too good to be true, lets better focus on our Forex Trading, than to get overwhelmed with such alluring offers.
It is an interesting point that those with a small account are at a disadvantage because they cannot apply proper money management. Even with a lot size of 0.01pips if you used a 100pip stop loss then you’d need a $1000 account to risk 1% per trade. Many new traders have an account of only a couple of hundredd dollars