1400% return on capital

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snorre101

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Starting Capital : £ 107
Duration : 8 months
Number of trades : 50+
End Balance : £ 1518
FTSE, DAX, Wall Street

:clap::clap::clap:
 
Starting Capital : £ 107
Duration : 8 months
Number of trades : 50+
End Balance : £ 1518
FTSE, DAX, Wall Street (sic)

Duration : 8 months 1 day
Number of trades : 51
End Balance : £ 0

Next!
 
TheBramble said:
Starting Capital : £ 107
Duration : 8 months
Number of trades : 50+
End Balance : £ 1518
FTSE, DAX, Wall Street (sic)

Duration : 8 months 1 day
Number of trades : 51
End Balance : £ 0

Next!
Click to expand...

Thats not gonna happen, even though you wish it. :sleep:
 
I really don't have any preference one way or the other, honest.

It's just that statements like those you made tend to be from bods that end up like that. You miss off the most obvious performance data - the one that will likely eventually do you down.

And 8 months isn't anywhere near enough time to claim success.

It's the quiet ones who don't crow that are doing well and will more likely continue to do so.

I don't think there will be too mnay here that will be impressed with your data. If you are, then you're on a slippery slope to disappointment.
 
It's amazing the results you can get on backtesting when you over optimise your algorithm.
 
If those results are genuine, good work. (y)

Obviously you can trade the plan well with such a small account, now you have to try and keep it up as your account grows and not let the money swings break your method. It's clear you have an edge, now you just have to reap the rewards in a scalable manner.

If you need help with the psychological problems of increasing your betting size and sticking to a trading plan under pressure then send me a PM, its my speciality.
 
Before few years Fxclub gave 100 $ for new accounts i turned them to 1300 $ in 48 hours trading GBP/JPY , i went short it was 227 , i forget , then i kept adding to my winning position , nice move , then i lost all in 24 hours ...
 
BlackBison said:
If those results are genuine, good work. (y)

Obviously you can trade the plan well with such a small account, now you have to try and keep it up as your account grows and not let the money swings break your method. It's clear you have an edge, now you just have to reap the rewards in a scalable manner.

If you need help with the psychological problems of increasing your betting size and sticking to a trading plan under pressure then send me a PM, its my speciality.
Click to expand...
Well, I suppose we should expect BS from an beast such as yourself. LOL. (Just kidding…sort of…)

While I wouldn’t dream of standing between you and a fee, the fact remains this isn’t good work. And it’s far from obvious he can trade well. Actually, more likely the opposite.

I have no idea if his data are true or not (the specificity on balance jars against the relatively relaxed number of trades – I’d be thinking a specific number, but that’s just me). But what’s missing are:-

W:L, aW, aL, max risk per trade, max drawdown.

While I’m sure there’s plenty of money to be made in the soft sciences side of the traders universe such as your own self-proclaimed area of expertise, where results are related to the reality of correct method and disciplined application of same in the markets, rather than visualisation exercises in a comfy chair, he’ll find the crunch, when, not if, it comes, is quite real and not something that can be simply reframed away.
 
tar said:
Before few years Fxclub gave 100 $ for new accounts i turned them to 1300 $ in 48 hours trading GBP/JPY , i went short it was 227 , i forget , then i kept adding to my winning position , nice move , then i lost all in 24 hours ...
Click to expand...
Have a word with BlackBison, he’ll make you feel OK about that.
 
Starting with 100 bucks, I would think that you would have to make a few more than 50 trades to bring the account to 1500. I could be wrong, but I just started a live account with 100 bucks and so far i've made 4 bucks through 10 trades. I like to think that I am being very cautious with the account and watching out for my greed demons and my emotional malfunctions. :)

But anyway, cheers and grats on your success and may your success continue.
 
OK. I'm being harsh.

snorre, what are your W:L, aW, aL, max risk per trade, max drawdown?

BlackBison will help you work on your chakras and I'll help you keep your current profits and even grow them.

PM me for fee structure. No, sorry, kidding. Just here on this thread.
 
Completely new to this forum, but I have a simple question.....

What was the point of this thread to begin with.....
A) to impress everyone
B) to request advice
C) to discuss the power of compounding profits/high rate of winning trades
D) None of the above

You start a thread with that kind of title, I woulda expected a pretty grand dissertation of what made up the 1400% return, not just a quick summary of the results, which as stated by Bramble, hadn't included aW, aL, max risk/trade, max drdn....etc...

Sorry for being a critic at such an early stage of my membership here....I'm not looking for a freebie handout to your system nor am I trying to pry into your proprietary system....but I would like to hear the details of your adventure from that measly 50 pound (I'm using a US keyboard forgive me) to that huge return.
 
daotrades said:
Completely new to this forum, but I have a simple question.....

What was the point of this thread to begin with.....
A) to impress everyone
B) to request advice
C) to discuss the power of compounding profits/high rate of winning trades
D) None of the above

You start a thread with that kind of title, I woulda expected a pretty grand dissertation of what made up the 1400% return, not just a quick summary of the results, which as stated by Bramble, hadn't included aW, aL, max risk/trade, max drdn....etc...

Sorry for being a critic at such an early stage of my membership here....I'm not looking for a freebie handout to your system nor am I trying to pry into your proprietary system....but I would like to hear the details of your adventure from that measly 50 pound (I'm using a US keyboard forgive me) to that huge return.
Click to expand...

A, but failed miserably ;)
 
The purpose of the post was of course to share my success with other traders.

It was simply done by trading resistance and support. Also, I dont do technical analysis.
I follow the news and my gut instinct. Of course, with such a small base, trading in the beginning was extremely risky. But I had some luck on my side. Lady Fortune plays a big rol in trading, whether you like it or not. Nobody can predict the future even with the the best analytic tools.

As I keep my stake very small, the chances of me being wiped out diminishes every day. The more my account grows, the smaller my stake as percentage of capital.

I cannot supply you with all the figure you want as each trade is different according to market conditions. I dont follow a fixed strategy. My biggest loss have been 120 pips on the FTSE.

Experienced traders or the experts on this site will call me all kinds of things. But the facts speak for themselves. This was done over quite a long time frame and like I said more than 50 trades.

To win big, you must be prepared to lose big.
 
snorre101 said:
The purpose of the post was of course to share my success with other traders.

It was simply done by trading resistance and support. Also, I dont do technical analysis.
I follow the news and my gut instinct. Of course, with such a small base, trading in the beginning was extremely risky. But I had some luck on my side. Lady Fortune plays a big rol in trading, whether you like it or not. Nobody can predict the future even with the the best analytic tools.

As I keep my stake very small, the chances of me being wiped out diminishes every day. The more my account grows, the smaller my stake as percentage of capital.

I cannot supply you with all the figure you want as each trade is different according to market conditions. I dont follow a fixed strategy. My biggest loss have been 120 pips on the FTSE.

Experienced traders or the experts on this site will call me all kinds of things. But the facts speak for themselves. This was done over quite a long time frame and like I said more than 50 trades.

To win big, you must be prepared to lose big.
Click to expand...

SR is technical analysis, but I shouldn’t concern yourself about that, as you’ll only end unnecessarily complicating what appears to be a very simple approach.

If your method is gut instinct and luck…then you’ve effectively cornered the market. I can’t see how you’d actually need much else that would make any difference.

Sounds like you’re using a fixed absolute amount per trade, but then you say to win big you have to be prepared to lose big. Just carry on as you have been doing and I’m sure you’ll manage that.

You don’t have any records of the performance of your trading and you don’t follow a fixed strategy. Without any strategy I agree, performance is incidental, no point wasting any time with that.

I’m sure 8 months seems like a lot of time and 50 seems like a lot of trades. I think anyone trading this way would find time hanging heavy.
 
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