Someone made 2400% in 2 days in REAL account! Is that possible?

[TraderABC]

Originally Posted by hobbyinvestor

What kind of risk management was used? None? Accounts that rise fast, fall even faster

Sometimes I think that it is useful to say "To HELL with the rules, lets not feed the brokers" ....

[meedo29]

It's obvious that he's a scalper aiming for a a few pips (2 or 3) using high leverage (reached 1:600) on the most pip-valued pair (EURGPB), risking too much of his account...

But, let's give it a moment of thought... how many times have your trade was a winning trade (even for 3 or 4 pips) then turned into a loss and touched your stop!!!

I think this is a very promising and easy to accomplish winning strategy but it requires iron discipline, which most traders lack, me too ...

My opinion is based on this statement whether it's true or not...

[bobc]

Oh man, you guys are total jokers. Just look at his trades for 1 minute. Are you seriously going to say that going for $4 a pip on a $300 account is sound money management? He got lucky, its gambling, get real and stop making me larf!

[Nonpiker]

In looking at those transactions my gut tells me he has multiple platforms up and is picking a broker off who is hanging rates or this broker's cross rate is consistently off and this guy has an arb calculater and knows where it whould be. There is just no other way to be that consistent when you are paying a 2 or 3 pip spread.

[meedo29]

Originally Posted by Nonpiker

In looking at those transactions my gut tells me he has multiple platforms up and is picking a broker off who is hanging rates or this broker's cross rate is consistently off and this guy has an arb calculater and knows where it whould be. There is just no other way to be that consistent when you are paying a 2 or 3 pip spread.

A very reasonable answer... Probably, a right answer...

[Ravique]

Yeah, it could be arbitrage. Or it could be trading on a 10 sec chart. Some brokers have theese charts, like Dukascopy for example.And their spread is pretty tight.

[malcala]

It's possible in a long run.
try backtesting/live testing of the attached system. it's amazing.

[fxhst329]

what kind of system is it? what indicators is it using? have you tried it in live/demo mode?
thanks