Lol. Another qr thread. 
No, just laughing in a humorous sense. Itâs all for sure possible, but itâs not very probable.
Good luck, money! I count on you solving the debt issues around with all the goverments. Or what will you do then with all the gazillions? 
Sure is entertaining though, ainât it? 
i am going to try it with you on my demo account as i am trying to master my scalping setup
the first trade have just been taken
long eur/usd at market price 1.2941 SL 15 pips PT 12 pips spread is 1.6 pips
5% of the account.
Youâre risking 5% on a scalp?
Lol
Gotta risk 5% in order to make 5%, thatâs how itâs done! (in this thread anyway)
yes,why not, i am a newbie:32: with a demo account everything is allowed, just relax and watch hopefully always with a big LOL
As long as itâs not becoming too many. Think of every account buster opening a thread to make it from $1 til a gazillion quick. Then it becomes boring, lol. Anyways, in the case of money I think itâs not the same as with all the others. I like his thoughts. Albeit I fear he has to change something in expectations to get it work, lol.
I guess weâll see soon enough whether his exceptional drive is fueled by the illusionary dreamworld, or by a genuine interest in continued successâŚ
that is nice, giving a chance for people to prove their point of view is always and highly appreciated.
AK, look at his SL and TP⌠He wonât even make 5%âŚ
if the trade did not move for the next 35 minutes we are going to close it anyway.
moving the SL to BE
we have been SL at BE
i think i should give it more room to live, i move my stop loss to BE so early,
next trade i will reduce PT to 10 pips and give my trade more room to live.
5% daily, right? Say you have 1k in an account, thatâs to catch 50 pips daily plus spread (which is probably 50% of all the margin if you scalp) and commissions on average and consistently with a 10k lot. So that needs probably around 90 pips in movement on average daily. I know even pairs which donât move that much in a day. Plus then if I look at two different charts from two different brokers there can be differences of 10 pips. Which makes it not easier.
Anyways, if it happens that money will make that then we will have a new book written about soon, because all the Wall Street writers will beg for an audience âŚ
Now, back down to earth, I guess Mr. Market himself will write the story, no matter what anybody thinks âŚ
10 pips x 0.05 lots= 5 $ you risk 5$ out of 100 witch is 5% of 100
if you have a 100,000.00 account and trade 50 standard lots and gain 10 green pips your account will become 105,000.00
if you have a 100.00 micro account and trade 5 micro lots and gain 10 green pips your account will become 105.00
if you have a 1,000.00 micro account and trade 5 mini lots and gain 10 green pips your account will become 1,050.00
if you have a 10,000.00 account and trade 5 standard lots and gain 10 green pips your account will become 10,500.00
if you loss the same amount your loss is 5% at any account, you risk 10 pips on 5% of the account the 10 pips reward shall be the same 5% of your account.
try this link it may help you
Position Size Calculator: Free Online Forex Position Sizing Calculator
to be honest the idea of authoring a book is in my mind but i need to get rich first:32: as people tend not to believe in any man ideas if he has no money even if he is a prophet (specially on the financial sector).
regarding the brokers and the spread, the spread of all majors with my broker is normally and most of the time between 1 pip to 3 pips sometimes less than 1pip, on eur/usd is 1.2 to 1.6 or less, 20 hours a day.
search and you will find a good broker.
anyway the spread is part of the job and you have to consider it.
best wishes.
Interesting. If you use exaggerated leverage with lower pip movement that will worsen the spread even more. I have regular spreads below 1 pip, btw. And am still not overleveraged. Live btw.
Anyways, good luck for your demo, lol!
Actually isnât the worst that will happen is that your still poor or even worse poor-er?
Thatâs the point which was also lingering in my mind. What if it doesnât work. What about plan B?
i don`t think you read all my posts,
the idea is not about how leveraged your account is, its about how much you are ready to risk, if your account is 1:10 leverage you have to multiply the amount of lots by 10, and still the same your risking 5% of your account on 10 pips you will gain 5% of your account if you gain 10 green pips.
however why donât you sit and enjoy the party, hopefully always with a big LOL.
thatâs why i am still on a demo account for more than 13 month now as a full time trader ⌠don`t lol please lol
its realy tough to spend more than a year on a demo, the worse is for more 10 hours per day,
still quitting this is always an option,
thanks for reminding me of my financial situation its always motivated me to get more knowledge and to be more discipline.