Double my account each month
Results 1 to 10 of 310

Thread: Double my account each month

  1. #1
    Yes, my purpose is to double my account each and every month . This is not likely to be an easy road, especially as I'll be starting off with a small account (about $100), but that I feel it is possible.

    I've done this before on both demo and live accounts.On the prior, it is pretty easy : it is not my bread! On the latter, it's a story that is different, so I've had some lessons learned and I've been blown out a couple of times!

    On these different forums, the Majority of which are pretty great and all are intriguing, you may read that the most important thing in gambling is :Money management using a egy handling your emotions not being greedy learning by the professionals etc , etc I think all these things are significant, and I'd even say all these things (and much more) are equally significant and we will probably discuss all these different things on the way.

    You are all welcome to join in as you see fit. I will start trading from Sunday, so until then have a fantastic weekend!

  2. #2
    What are you using? What TFs?
    Wish you the best, but do not possess the highest hopes to become honest. One more of those struggles. And with 100 dollars it's gonna be particularly hard. Only a couple bad trades and you will need to spend some time to make it up to your equity that is starting again. With microlots that's gonna be a grind.
    I'd counsel you to cut back on that doubling target and instead aim to have fun when you exchange with the first goal being to eventually become consistent in winning. Money then flows all by itself.

  3. #3
    There should be limitations to the optimism of one. Sure maybe you can achieve this for 1 or two months but it's not possible to keep this moving long term (6 weeks).
    why?
    No single person in the world has a trillion dollars...
    should you start with just $100 and consistently make over 10% a month, then after about twenty decades of trading you would have 1 trillion dollars.
    Bill Gates only includes a net worth of about 50 billion (probably much lower today) and he is the richest person in the world.

  4. #4

  5. #5
    Ahhh youthful exuberance and pie in the sky....
    More sheep for the slaughter...

  6. #6
    Like doubling your account every YEAR is not a fantastic performance...

  7. #7
    Quote Originally Posted by ;
    Ahhh youthful exuberance and pie in the sky....
    More sheep for the slaughter....
    Now with that being said.... I find no problem with placing a small quantity that is money you consider to be play money in a sub account and then using a higher risk system there.... If you lose.... No big deal it was expendable funds in the first place.... If you acquire .... Nicely COOL.
    Except to think you're likely to double up often and the money that you shed puts you into a bind.... Then you have to rethink your egy.... Just some ideas.

  8. #8
    Quote Originally Posted by ;
    Yes, my aim is to double my account every month .
    and
    Quote Originally Posted by ;
    .... The most crucial thing in trading would be :
    ...Not being greedy ....
    Looks strange together.

    Anyway - wish you great fortune!

  9. #9
    Firstly, thank you all for your comments : I'll get back to these.

    This Sunday you will find not any hinges for me to trade.

    I want to point out that I Reside in Europe ( 1 GMT). It's almost midnight now, so I'm going to get some sleep.

    See you tomorrow,

  10. #10
    Buy at 137.13.
    1st target 137.50
    2nd target 138.26
    3rd target 138.76

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.