50k dollars a month - page 22
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Yes Its a much more improved version than my last strategy. But the first one gave me a Tremendous Amount of Confidence to know I can make money from the market and Keep it.
My current strategy is based on the PSAR Indicator so its not dependent on any news events. Im trying to automate it at the moment as doing it manually. Talking to a few Developers but need to get it done if you know anyone that can do EAs for a PSAR ?
My Idea is what ever Im doing now manually I can multiply many many times over on other securities maybe 100 times + ?
I know two developers from personal experience both are competitive and one of them understands my explanation very easily and puts an idea to work in a short time, i'll message you their names if you want
I know two developers from personal experience both are competitive and one of them understands my explanation very easily and puts an idea to work in a short time, i'll message you their names if you want
Thanks - can you please ?
I have already did $100 to $1000 with normal rrisk management ( 0.01 lot per $100 acc) and drawdown less than 40%.
What strategy are you using ?
What strategy are you using ?
In fact, I'm fighting against these "BS flooding" since my inception here.
Those figures (1-2% monthly) are, indeed, averaged gains for sane people.
If you are able to make 4-5% averaged per month over the span of an entire career, you can be considered ahead the 1% of the top traders in the world.
I can't stop laughing when I read that 500% monthly is achiviable over the long term; people that states all these BS cannot be even called traders.
Also, it is ridicolous to make any comparison between a professional trading journey and trading competition contests since they have a "kamikaze approach" because, of course, the main purpose is to win the contest so in that situation luck definitively play a role.
Guys don't be fooled by these useless discussions but study your matter to the sustainable business (if you care about your capitals)
"If you are able to make 4-5% averaged per month over the span of an entire career, you can be considered ahead the 1% of the top traders in the world."
If a person turn 1000 into 10 million in 5 yeas, then retires he averaged 200% per month, you are basically telling us that this is impossible, but i don't think so, i don't say it's possible, or its impossible, because nobody in this world have the answer to that
you have demand an supply --creating the price.
Demand and supply are subjective, the only way to measure it is if you're the market maker- and you can measure because you can control it-.
But we as traders are not market makers, but market users, we can't measure supply and demand, so we can never establish the causes for market behavior, only effects and interactions.
If you can establish effects, but never the causes, that means nobody (market user) can tell what is possible or not in the economy, actually even market makers can't do that
So you can never say:
- "i can make % in x time
or
you can't make % in x time
both are wrong
You are blaming EAs for the bad strategy, what a human can do an EA can do better, and 24/7, looking all charts at the same time if you want, no emotion, there is no way a human can compete
I think you are right and wrong at the same time, because it's "possible" to make 1000% in one month, using leverage and a small account, and taking low risk, if you're big then you can't do that, so it depends.
"If you are able to make 4-5% averaged per month over the span of an entire career, you can be considered ahead the 1% of the top traders in the world."
If a person turn 1000 into 10 million in 5 yeas, then retires he averaged 200% per month, you are basically telling us that this is impossible, but i don't think so, i don't say it's possible, or its impossible, because nobody in this world have the answer to that
you have demand an supply --creating the price.
Demand and supply are subjective, the only way to measure it is if you're the market maker- and you can measure because you can control it-.
But we as traders are not market makers, but market users, we can't measure supply and demand, so we can never establish the causes for market behavior, only effects and interactions.
If you can establish effects, but never the causes, that means nobody (market user) can tell what is possible or not in the economy, actually even market makers can't do that
So you can never say:
- "i can make % in x time
or
you can't make % in x time
both are wrong
You have no idea what you're talking about--->useless to discuss it
Yes Its a much more improved version than my last strategy. But the first one gave me a Tremendous Amount of Confidence to know I can make money from the market and Keep it.
My current strategy is based on the PSAR Indicator so its not dependent on any news events. Im trying to automate it at the moment as doing it manually. Talking to a few Developers but need to get it done if you know anyone that can do EAs for a PSAR ?
My Idea is what ever Im doing now manually I can multiply many many times over on other securities maybe 100 times + ?
Interesting to know that someone has also used the PSAR strategy to make good profit, I have also use PSAR strategy in the past and I had multiply my account's balance to the point, I preserve myself not to talk about my success to anyone, but now the broker to which I was registered has closed down after 7 years of it birthday. I still have the strategy and I work on it to improvement much better, well I had wrote an EA about the strategy.