Man, 5%/day compounding ok, correct me if I’m wrong, fair enough?
let say $1000 for 200 trading days (I take one month offf for vacations)
5%*200=1000% compounding yearly?=$1,024,000 for the 1st year.
2nd year=$1,048,576,000.
You know what if I can hit 5% weekly, it’s life changing! anyway, best of luck,
Happy trading
Your math is a bit off.
$1,000 initial deposit that compounds at 5% a day turns into WAY more than a million in a year.
Like $21.5 mil to be more precise.
That’s why most are happy with far less risk, and .5 to 1% account growth a day.
i made 7% this week. And i was jazzed…i"m happy with 1% a day. any day.
I love that!!! LOL!!!
Listen up nevergiveupss: 5% - 10% PER MONTH (compounded) is ‘life changing’ (obviously as long as you don’t have the need to withdraw monthly to pay the bills which is what a lot of people don’t take into account when drawing up theses ‘straight line compounding’ worksheets in Excel).
Just my 5% - 10% worth of input!!! LOL!!!
Regards,
Dale.
Thanks alot for your inputs Dale, that make me feel much better. I see alot in this forum, many people claim they can make 5%/day, 10%/day, or even 100%/day? and I work my a** off everyday still averarge between 1 and 3% /week. Am I doing somthing wrong? your input is greatly appreaciated.
Happy trading!
Your doing nothing wrong NGUPs,
Keep rollin as you are,
Yeah Dale, your right about the withdrawls and excels.
My MM Plan consists of withdraws, just as time goes, the main deposit balance will increase, and the days decrease for the complete cycle. When I get to where I want, I will be making 1 withdraw a month. Then starting all over again. So, all my eggs are never in the same basket. Its just starting with that first clump of clay and molding it into a solid foundation…
good morning traders, new week
Starting balance this morning,
$568.36
$28 is todays goal
So far, Up 13.6% since Jan 5th…
Trades-128W/34L for 79% as of today
Strong Bump, LOL
W T H, man, Im out there…
we know you’re out there Money, but how about an update on your trading? you should be up to about $25 after starting out with $.75
lol,
Na, that .75 cent thing is over with, Im on to something else, wont give numbers right now, top secret.
But I will tell you this, im hitting my 5% consistantly, and strike rate around perfect.
To be honest, my success is ridiculous
Im going to start a daily video journal, kinda like a documentary. Going from Rags to Riches, ups and downs, mental side of the business, and progressive growth from the bankroll side. House shopping, car shopping, you know, success, and great wealth. Call me crazy, but I feel good about my chances.
Stay tuned,
up 9% so far today, waiting for this long to closer right now,
Hey, check this out, I changed my TrailStop alert to the beginning of Pink Floyds song, " money", so everythime my Trail is triggered, I hear the audio, 10 seconds worth,
15% so far today
Pretty much cherry pickin right now,
Hey money,
Best of luck with everything, I hope it works out well for you. I have a question for you about the other thread you started, but I don’t want to clutter this one up. Could ya send me an email @ pipsftw @ y a h o o . c o m
Would be much appreciated.
Hey Jmacar, just bump the thread,
OK, Guess what, Im going for 100% this week…
Time to kick into high gear, and evolve my Forex career,
Starting with $100, and 50/1 Leverage.
Got something on the line with this, could change my life…
Lets just say, I have to build a track record. Or, put up or shut up,
Stay Tuned,
Just closed Oanda Trade, for 36% increase
Getting ready for the week, Got Pink Floyd Cranked, have my numbers for this week, Im ready to rock it.
“we’ll call it riding the gravy Train”
So you opened a trade on saturday? that’s a bit unconventional haha
Glad you’re thinkin of making a track record. if it’s something you’re gonna make public, that would be cool too. I don’t think there’s too many traders around here that can make what you make (% wise) so it would be amazing to see that actually being done on a live account.