There is no such thing as Technical or Fundamental Anaysis

[awcapital]

I guess on one hand if you start off with $100k capital using 100:1 leverage and averaging 20 pips a day you have a trading life of 2 years before having liquidity issues. Then on you may still average 20 pips a day but can't use all of the float you have.

But $100k to $75mil in 2 years ... hard to believe one will still trade for money (maybe for fun or to feed addiction)

[streetwise]

15-20 pips a day ?

that's all ? for the risk you take that's not very good at all

[awcapital]

Originally Posted by streetwise

15-20 pips a day ?

that's all ? for the risk you take that's not very good at all

Huh ? Look at previous posts mate ! I hope you are not trading yet

[kuepper]

Originally Posted by awcapital

Huh ? Look at previous posts mate ! I hope you are not trading yet

I know what you are saying, and I don't know how any of these people can claim to be making a consistant average 20 pips/day over the long-term. Sure they may make it for a month or so, but if they can keep it up (in any market, ranging or trending) then they have found a golden system. Just follow AW's plan and I look forward to seeing you guys on the Fortune list in a few years...

[rollingstone]

Good thing is the markets trend at least 85-90% of the time, you just need to pick the right timeframe, a flat market on a 4 hour chart will generally look like a nice trending market on a 2 min chart, obviously with lower amplitude moves, but moves all the same.

Obviously r/r and other parameters have to be adjusted to cope with each timeframe but profitable moves are still there.

[rollingstone]

Todays USDCHF, 4 hour rangebound view and 2 min trending view. imho you can always find trends.

[kuepper]

Originally Posted by rollingstone

Good thing is the markets trend at least 85-90% of the time, you just need to pick the right timeframe, a flat market on a 4 hour chart will generally look like a nice trending market on a 2 min chart, obviously with lower amplitude moves, but moves all the same.

Obviously r/r and other parameters have to be adjusted to cope with each timeframe but profitable moves are still there.

Obviously there are always profitable trades to be taken... the question is, are you able to take them? Do you have enough capital to cover them? The daily chart might be trending, but that doesn't mean the average trader can afford to trade a trend on that chart - the volatility in a leveraged account might kill the trade before it appreciated in value. But this is not really my point...

My point is that anyone averaging 20 pips per day over the long-term would/should be a millionaire or billionaire in three-five years time by AWs math (which is correct). Why bother still trading if you are millionaires/billionaires? If you you are not, why not if you are making 20 pips per day? What's to stop you? I'm sure institutions would pay big bucks for a system consistantly making this much? Why not sell to them?

This is not to insult you if you are making this much (congratulations), I'm just curious...

[rollingstone]

I better keep at it then and start planning how to spend all the money lol !

See you there Graham