This is how I doubled my account
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Thread: This is how I doubled my account

  1. #1
    Dear fellow traders,

    Greetings! I am a trader with years of FX trading experience.

    In this thread I will log a succession of tradings which will double or burn off my account in comparatively short time.
    As you can see there's high risk involved. Therefore you aren't recommended to follow with my tradings.

    The objective is to double my account (the cap is concealed but it is not difficult to imagine from the subsequent context).
    Then the mission is accomplished and that I will withdraw the money.

    That I will attempt to provide as much information of each trading. In each of the subsequent tradings, there will be a set of
    clearly stated rules which needs to be followed. I will try my best to follow the rules except in crisis
    scenarios (seriously flawed rules which needs to be revised immediately). Various tradings will have
    different rules.

    Thank you for reading and following this interesting journey. You comments and suggestions will
    be highly valued.

  2. #2
    Quote Originally Posted by ;
    Trade #1 long GBPJPY (version Sep 16, maintain revising) [anticipated profit ] 10%-20% [time period ] ~two weeks [Rules] * By default no SL will be utilized (I will set a very big SL to guard the black swan) * When a transaction has 50 pips, then I can lock the profit by setting a SLgt;= opening price * buy at crucial levels between 148 and 150, where the vital levels are determined by me (through watching the market) * the distance between two long orders have to be higher than 50 pips (therefore I can place at most 5 long orders) * all long orders are of the same size, that's,...
    Only happened to chance on your diary and would love to consider in my two cents, hope you don't mind. And .

    I am bullish on GBP/JPY too, goal of 153 is quite likely before the month ends. But, GBP/JPY and GBP/USD are both from the overbought zones, therefore I'm anticipating some retracement/pullbacks. Will be on the lookout for buy opportunities on dips too.

    Glad to see another person on the same side. Green pips to us equally.

  3. #3
    Quote Originally Posted by ;
    Dear fellow traders, Greetings! I am a part-time trader with several years of FX trading experience. In this thread I will log a succession of tradings that will double or burn off my account in comparatively short time. As you can see there is high risk involved. Therefore you are NOT suggested to follow with my tradings. The purpose is to double my account (the cap is hidden but it's not difficult to imagine from the subsequent context). Then the mission is accomplished and that I will withdraw the cash. I will attempt to give as much details of each trading. In each of the...
    heh.... I'll log a succession of tradings that will double or burn off my account in comparatively short time....

    Yeah, its likely to burn it like any other wannabe trade here....but hello, you must have your chance: GOODLUCK

  4. #4
    I have fixed the rules of trade 1

    The first two orders Have Been (to be placed at the market Available )

    buy limit 149 with 0.5 lot
    buy limit 148 with 0.5 lot

  5. #5
    Trade busy

    long GBPJPY 0.5 lot at 150.22

  6. #6
    TP at 150.83 61pips

    I'm temporarily out as it's likely to return again. Now I put an additional limit order

    limit buy 0.5 lot at 150.2

  7. #7
    Trade #1 GBPJPY (stable variant Sep 17)

    [anticipated gain]
    10%-20%

    [time frame]
    start from Monday Sep 18 for around 2 or 3 months

    [Rules]
    * By default SL will be used (I will set a very big SL, e.g. 1000 pips, to guard the black swan)

    * If and only if a transaction has 50 pips, then I will optionally lock the profit by setting SL gt;= opening price. Once secured, I can only lock greater profits by adjusting the SL. I can't cancel the SL or adjusting the SL to lock lower profits.

    * Buy at key levels above 148 with target towards 153-155 area. The key levels are decided by me (through viewing the market)

    * To prevent a massive draw down, the distance between two unlocked long orders should be not less than 50 pips. For orders with frozen profits, it does not matter.

    * I will open short orders at any time to hedge the long orders, nevertheless I need to promise
    #(short orders) lt;= #(long orders) One

    * most of long/short orders are of the same size, that is, 0.5 lots

    * TP at the next conditions
    - Should #(winning transactions ) gt; 0.5 * #(opening transactions ), then I can shut 1 winning commerce
    (for example, if there is one trades and it is winning, then 1 gt; 0.5 # 1, and that I will close it at any moment;
    if you can find 4 trades and 2 of them are winners, then 2 = 0.5 * 4, and I Can't shut any order;
    if you can find 5 trades and 3 or them are winning, then 3 gt; 0.5 * 5, then I am free to shut winning order)
    - Should 20% cap is gained, then I am free to shut all orders

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