Ok will do. Thanks.
Update/edit
Pipzilla I tried reading one of the threads you suggested but I didnt get far. Posts there are too long for me.
This was 6/28, where are the screenshots for the other days? 
I’m sorry but I dont understand the question. The account was opened today 28th June 2022 and the trades were done today. It is still the 28 of June where I am. What other days are you referring to? lol.
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OMG you’re right lol. Sorry hahahha! My days are all jacked up. Why did I think June 28 was last week lololol. Ok will wait for tomorrow’s!!!
Fourteen dollars profit trading a bullish gold trend for one day. Well done, however, the odds of a continual repeat every day over one month will be very challenging for a small account size.
I would include trading DAX, FTSE, DOW & NASDAQ indices, as you will have plenty of daily trends, suitable for scalping starting from London opening to NY closing.
best of luck.
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@THE_GOATE It can be done… And it has been done… $10 to $762 in 51 trading days… LIVE…
Note the running Balance, Entry date and times, Exit date and times, trade direction, Lot sizes, Strategy Consistency and Losses…
Not the usual one off post… cropped screenshot, no balance… low information statements that are normally supplied by many of the hit and run cowboys that occasionally frequent these threads…
This was achieved back in 2018… (400:1 leverage) Pre leverage squeeze by the regulators… Could still be accomplished with a small to moderate account today…
The bunching of panties at the time was extreme… Take note of the clueless posts in this forum back in the day… Their the ones that if they cannot do it no one can… So much of this BS in the forums over the years…
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Frankly, 5% is such a big number! I don’t think it’s a proper manner of trading! Even 5% as a monthly target is quite big; that’s why I believe 5% as a daily target is so much risky!
Hi Rosie. What is your idea of “a proper manner of trading”?
You are preaching to the converted, lol.
I will put up day two of the effort later today as requested by Ponponwei
5% per day is possible, I have no doubt of that. Whether you’ll be able to do it is another thing. More money in an account does not mean you’ll get the same amount of success, because the whole meaning of a trade changes, it becomes money that matters, not play money.
Looks like you’re scalping to an extent, most of your trades are buys against the downtrend. Yesterday was a tough day, I lost quite a bit because the market was up and down throughout the day, although I wasn’t trading gold.
You’re not using stop losses. If a trade goes against you, how far does it go before you get out?
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Brilliant answer…go to the front of the class.
And here are the results for day two. I am no math whiz so it would be nice if one of the brilliant minds out there could work out the daily percentages to see if said target has been met so far.
Daily target is not realistic, consider monthly target
Go for it! I can’t wait to see what you post!
Unfortunately upon reflection I have decided to go no further with this thread.
There are 3 reasons I took into consideration.
Firstly despite nearly 900 views only 10 persons have bothered to participate in what I thought was a worthwhile discussion. Disappointing.
Secondly as my moderator friend Pipzilla has so kindly pointed out there are already similar threads on here so mine is probably already well ventilated and thus redundant.
Thirdly it has been pointed out to me that what I am doing might be construed as showing off which is not my intention.
I just want to say though thanks much to those who participated in the discussion.
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i believe it’s easy enough in the Crypto markets - while remaining on the less risky side and just buying spot etc. i made a video on making 3% a week with 10k… turning it in to 1m within three years. please feel free to have a look! https://youtu.be/tCxKdwPYfdw
Quite possible…!
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RESPECT! Just one question, is this from the knowledge found at babypips? It would be really inspiring to know that after all that struggle it pays off nicely
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Damnn
Please how many % do you risk per trade???
As a Day Trader
If you have atleast a 50% win rate while taking 2 trades per day risking 1% per trade with atleast a 1:2 risk to reward ratio, you are up 5% at the end of the week. This is very easy to attain.
I earn 20% per week because, I risk 1% per trade & I have more than 50% win rate. Majority of my trades are 1:4/1:5 risk to reward ratio.
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OK guys, time to keep it real. I know the OP is no longer participating in this thread, but I took the time to read it and look at the charts, so here’s my tuppence-worth.
OP had a good couple of days when the markets went with him and I’m sure he has the makings of a fine trader.
However, I’ve made 10% in a day or even 2 days in a row over the last few years with real (4 figures) money. It’s great when you get it right. But there’s a world of difference between a great return over 2 days and a consistent return through a choppy market day after day, month after month and year after year.
5% per day - I won’t even bother to do the maths, but I’m guessing you’d be, like, a billionaire after 7 years or so? I’m sure there’s a couple of people in the world who exist and have achieved this (they are probably not still on babypips£ but for the rest of us?
Forget 5% per day. I’m delighted with 5% per month. What I would say to the OP is come back in a year and show us your profits and losses then and don’t throw a hissy-fit cos more people view you post than comment. You’ve achieved a pretty, jolly respectable number of comments for this thread (prob more than any thread I’ve ever started!!)
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I agree, I have had a few “awesome” days of high returns, but are these sustainable day in and day out? I don’t think so.
I aim for 3% a week, taking a month or so off over Christmas. I would say more often than not I achieve this. I am in Australia and our financial year ended yesterday and I can report that in my second full year of trading I made 400% (after 57% in my first year). I am very happy with this!
This is no where near the 323,000% that the OP would make, compounding 5% per day, 5 days a week for 52 weeks. Starting with a balance of $1,000, you would have a balance of approximately $323,000,000 at the end of the year!! Lol I don’t think so!!
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