99.99% profit, why risk small?

T

top1trader

Newbie

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7

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0

• Apr 15, 2011

• #1

hello guys,

since i have discovered my own holy grail in forex based on fibonacci overlapping...i decided to run a demo to forward test it

account size : $10,000
leverage : 1:400

keep in touch. result will be updated

 

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Last edited: Apr 15, 2011

A

anley

Senior member

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2,730

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• Apr 15, 2011

• #2

At 400:1 leverage you have no chance, you'll lose all your money even if you're one of the best traders in the world.

Try 25:1 or 50:1 and stand a good chance.

 

T

top1trader

Newbie

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7

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0

• Apr 15, 2011

• #3

buy limit 1.6266 & 1.6258

 

A

anley

Senior member

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2,730

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229

• Apr 15, 2011

• #4

top1trader said:

buy limit 1.6266 & 1.6258

Click to expand...

Only a 0.01 chance of that one being a loser then

Or to put it anopther way, IF it does lose the next 999 trades will be winners......

 

T

top1trader

Newbie

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7

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0

• Apr 18, 2011

• #5

anley said:

Only a 0.01 chance of that one being a loser then

Or to put it anopther way, IF it does lose the next 999 trades will be winners......

Click to expand...

already 20% up....nice

 

J

jm4x

Junior member

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19

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0

• Jun 13, 2011

• #6

How are you doing?

 

F

forefit

Member

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79

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2

• Jun 14, 2011

• #7

The lack of posts from the guy speak volumes.

 

JahDave

Experienced member

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28

• Jun 15, 2011

• #8

My opinion is that there is no "Holy Grail" of trading. Trading is just like every thing else in life. The people that work the hardest reap the most rewards. There are no shortcuts for hard work and education and experience. If you want to be the best then you have to be willing to work harder than the majority. It can be done and it is done on a regular basis,,,,,,,,,,but don't think for a minute that the most successful traders have the Holy Grail, or that they are lucky.........They work hard and they have experience.......

 

C

ctlpast

Member

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96

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1

• Jun 15, 2011

• #9

Looking for the Holy Grail, seriously doubt it exists, but it is fun trying to find it.

 

Hoggums

Senior member

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2,176

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878

• Jun 15, 2011

• #10

If it's the holy grail - why are you testing it on demo?

 

F

forker

Senior member

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500

• Jun 15, 2011

• #11

Hey if he found something that works he has every right to call it his holy grail. To the rest of us it might be a pile of poop but that's how this business works. Once you have a working strategy you should keep looking for more.

 

1only

Member

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53

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3

• Jun 19, 2011

• #12

top1trader said:

hello guys,

since i have discovered my own holy grail in forex based on fibonacci overlapping...i decided to run a demo to forward test it

account size : $10,000
leverage : 1:400

keep in touch. result will be updated

Click to expand...

I think you should trade in contest where you can win some big prize if it's 99.99%. You should be able to make 1,000+% in a month and win.