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Old 09-12-2002, 19:40   #1
 
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VERY possible to double account every month

I'm sure it can be done. I will gladly post some TRADE ALERTS.
Currently at 6:30 EST on DEC 9th:
SHORT USD/JPY at 123.40
Looking to SHORT USD/CHF if it gets to 1.4590
Looking to BUY EUR/USD at 1.0095 if it gets there
Looking to buy GBP/USD at 1.5788 if it gets there.

40 pip Stop/Loss on all from that entry. There are other more specific exits I use but the ones I posted serve their purpose. I would like to prove that it is VERY VERY possible to double an account each month and that I CAN do it.
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Old 09-12-2002, 22:19   #2
CentralVenus
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Question How do you determine those forecasts?

The forecasts you gave look promising. Was wondering, what method do you use to come up with the entry numbers? Is this something you can tell us or is it not? I also think it is possible to double my account every month......just haven't figured out how to do it yet
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Old 10-12-2002, 08:54   #3
Paul Koszarny
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Double bubble

Dear Arbitrageman,

Then just what are you doing on Forum if you can double any bubble?

(....)
(....)
(....)

Self-censored.

Now let's come to the ground and get your answer. How much do you want me to lose in the beginning? One account, two accounts?

One account, two accounts, three accounts, four,
fiva accounts, six accounts, seven accounts, more...

Risk disclosure:
what you lose in your lifetime, you shall gain after death.
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Old 10-12-2002, 12:42   #4
REBELL
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why all the fuss about doubling an account every month.Why not just try and make 6 pips every day,I mean come on, how difficult can that be.

If you start with an account of $ 3000-00 and trade 1 lot and every time you have a profit of $1000-00 you add a second lot by the time you come to the end of the 3rd month you will have over $50 000-00 that is assuming that you are able to make 6 pips / day.

Why are we so obsessed with doubling the account every month shouldn`t we be concerned with making steady daily profits
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Old 10-12-2002, 13:43   #5
 
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Paul Kozarny
I don't really understand what you are talking about. I have both the strategy and the patience and the money management skills to do it. I do not not want anything from you. What are you talking about : one account, two accounts??? You are making no sense whatsoever. I would be skeptical to share anything with a person like yourself that seems very critical in the first place. Usually people react like you because they are frustrated traders who lack both discipline and trading skills to be in the 5% of traders who succeed and sometimes excel. I hope you figure it out someday. I'll state it again, I can double an account monthly. There are certain parameters that need to be met in the first place. From experience, I have ascertained it is more difficult to do this starting from 10k than it is to start from 50k. I am currently building an account to 50k before I endeavor down that road again. I came on this forum to talk with other traders and to keep myself sharp, not to argue with nay sayers. If you have something constructive to add, please feel free.
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Old 10-12-2002, 14:12   #6
wiper
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Rebell,

I don't understand ,

6 pips on 1 lot = in best case $60 daily (how can you make $3000 to 50K in 3 month)?????????

And who wants to trade for 6 pips, how much pips do you use for
your stop?

I don't believe in this system, it won't work because you maybe can do 9 trades out of 10 for 6 pips gain and the 10 th trade you sure will be stopped out for 30 pips.
So your earnings mean nothing : you made 54 pips- 30 pips=
24 pips in 10 days is in the best case=$480 montley.
You simply can't life from this.
No proffesional trader is working this way and don't tell me you made this way 50K in 3 month.

Cheers and good luck.
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Old 10-12-2002, 14:18   #7
 
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Making money in trading requires catching TREND MOVES. This 6 pips here and there doesn't work well. As you mentioned, ONE NORMAL sized loss obliterates 5 or 6 winning trades. You would be spinning your wheels and it's not worth the effort or aggravation trading that way. I agree with WIPER.
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Old 10-12-2002, 14:19   #8
REBELL
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I never said I made 50 k this way ,this is what you guys don`t understand.If you make a clear 6 pips profit everyday(how you do it is up to you) and every time you make $1000 you add another lot in just over 3 months time you will turn a $3000 account into $50 000.

Do the maths yourself and then set out to make an average of 6 pips per day.Surely that isn`t asking to much
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