- Search Metals Mine
- pipmaster77 replied Feb 14, 2021
If I'm getting paid along the way, that is all part of compounding. You withdrawal when I get paid. See, this is what your missing growth and profits at the same time. Of course, you know my equity will not be mine to withdrawal. But I will have an ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
12-14 months. Now, you do understand, every time I get paid a split, which just in stage 2 at a modest 5% gain, will be 2K and at stage 3 it will be 4K. I'm just wondering how you will be deducting that from your $875. Are you planning on 300% ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
So glad you brought that 51,200 up. Here is where I think you will finally get it.... for $875 i will be taking a 20,000 account (although you say only worth $800) to 1.28 million (you say only worth 51,200). Once again, to do this I need returns of ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Lol. You don't know what I am yapping about. I am proving to everyone, if I put $875 with the 5%ers and anyone else puts $875 in a personal account and both accounts generate 7%, 10%, 10%, 10% and 10%, regardless of time, the $875 with the 5ers ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
If you're using 500:1 leverage, which you claim you're only using 15:1 of it, a simple 80 pip move against you puts you in 12% DD. You now need a return of 14% just to get back to even. 1:1 leverage pretty much eliminates any significant drawdown, ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Once again, 7%, 10%, 10%, 10%, 10%, turns my $875 investment into a 1.28 million dollar asset, which, if it simply earns 2% per month earns me $12,800 per month. Your $875 becomes $1,370. I have also earned $92,700 in splits while you've earned 0, ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Actually, it is you claiming to be one hell of a trader, not I. You are stating you will trade with 150:1 leverage and make the same returns as I will trading a 20K account with 1:1. The bottom line is, both of our bank accounts will be -$875. No ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Once again, if it is all equal.....I put $875 with the 5%ers, you trade your $875. Since, I am giving away 50%, I have to get to a million and you only need to get to $500K. However, every time they give me my 50%, you need to deduct that from your ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
You're missing the point. I do not want or need 1:150 leverage. I want to trade with 1:1 or less. That is my entire point. You need capital not leverage. Much safer way of trading. Why do you not like my proposal, I give the 5ers $875 and you trade ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Now, why would I want to do that? For $875, I get a 20k account with 4% dd. So if I trade exactly the same as far as risk parameters, I only have $35 of drawdown with your $875 account. Or are you suggesting, I trade your $875 with higher leverage ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
OK, I have a challenge for you. I'm going to start a 2nd, brand new eval with the %5ers for the purpose of this. I am going to put 875 for a $20,000K account, you put $875 in a personal account. We will put up trade explorers and see who gets to a ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Seriously, wow, you are one dense dude. It is not a $250 account. In your example it is a $6,000 account with 6:1 leverage. You have a 4% DD limit. The only way your argument is even remotely viable is if you do not apply any DD rules on your ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Yes, you got it now. Just like you're not even coming close to your 500:1, I only use about half of my 6:1. You need capital, not leverage. However, I am glad you finally get it.
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Didn't say anything about 10% per month. I said a profit of 10K per month with 3 different scenarios. The bottom line is the more capital you have, the lower the leverage required to hit that goal. The fact is, the lower your leverage, the lower the ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
And your flaw is you wouldn't be able to make 10K per month with 100 pip profit. You must READ the first part of the post. The goal is 10K profit per month using one of the 3 scenarios. You see, the big flaw in all of your arguments, is the personal ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 14, 2021
Been awhile since I have posted on this buying power argument. I have come up with a very simple example which should clear it up for most: Let's say, for the sake of round numbers, I wish to make $10,000 per month trading forex. I have 3 options to ...
The5ers - Trading & Growth Program
- pipmaster77 replied Feb 10, 2021
I don't use ctrader, but I believe I have read somewhere, crypto is 24/7. I would contact FTMO just for clarification.
FTMO - For serious traders
- pipmaster77 replied Feb 10, 2021
Anytime the market is closed for more than 2 hours, position must be closed. I believe on ctrader, bitcoin is 24/7, however, on MT4, there is I believe a 6 hour closure from 7:00-13:00 server time on Saturday. The way I would interpret the rule, the ...
FTMO - For serious traders
- pipmaster77 replied Feb 10, 2021
I don't see how you can survive without it. I open multiple small positions per trade, but my risk is already pre-determined on what the entire position could be. Being a swing trader, I scale in both ways, on trades that go against me as well as ...
FTMO - For serious traders
- pipmaster77 replied Feb 8, 2021
It was definitely their end. I use mobile app as backup. I couldn't open/close/modify trades there either.
FTMO - For serious traders