What is your weekly return?

i'm certain everything i have said has been quite straightforward for anyone who reads it. it's clear that some here simply don't understand certain concepts. that's ok. life is what you make of it and some have chosen their limits.

peace out.

yes, like simple maths.

didn't you say you have done something like 14 trades this year (or worse, in the last 12 months)? so with your awesome maths how did you come to the conclusion that you have an edge and will remain profitable over the next dozen trades through the next 12 months? are you running on pure faith alone?

First of all I never said anything about the amounts of trades I take a year. You just always assumed that. Secondly I backtested my edge on all in all 50,000 trades including various indices, commodities & currency pairs over the last 30 to 100 years.

But anyways, you guys claim to make 10% a week consistently, so show me your 14,000% increase in a year.

my mistake then. just as you have assumed so very much yourself. and i never claimed anything except that you aim low, when some people very truly DO gain exponentially more than you would want anyone to believe is possible from small amounts of starting capital. i provided a doorway towards seeing that proof with the very first thing i said in this thread, but you overlooked it and continue to ignore it. you have selective reading, and selective comprehension. if you believe something is not possible, then it is not possible for you. c'est la vie.

my bike example perfectly highlights the nonsense in this thread. a little common sense goes a long way.

with everything said i've now tipped my bias from thinking this thread is full of trolls to firmly believing it to be so.

failed logic somehow trumps simple logic. ignorance breeds ignorance.

then please, show me that insane exponential increase you talk about.

You are one of the guys who can just talk, but if it comes to proving your claims, and getting down with the numbers, you quickly try to turn the conversation around into the area you are strong at: talking

if simple maths is failed logic, then yes, I must be a troll.

i can talk because i can understand reason. you should not fear reason.

tremblinghandtrader has achieved the type of returns i would love to make. memory serving it was something like $800 turned into around $50k in the space of a few weeks while having little risk at any moment in time. the proof is online if you care to find it (hint : it's not hard to find). with supreme dedication and hard work skills can be gained to achieve greatness. being mediocre will always result in mediocre returns.

if you want to dispel what he has done then have at it and i would truly like to know why a skilled trader can not turn an impressive profit. isn't this the whole point of trading?. it's not forex so i guess you simply consider it bs and not relevant and that's the end of that proof as far as you are concerned.

everything you have said has been to further the notion that people should expect little from trading. what a terrible gift you have given. people have to start somewhere, and telling them that x% per annum is extraordinary results for all of their work and time and effort when hedge funds do around x% is telling every beginner wannabe trader who doesn't have a few million or billion to throw around that their efforts will NOT be rewarded unless they are already rich. trading, therefore, for anyone who doesn't have significant capital is entirely pointless and an exercise in futility.

you are telling everyone what can't be done and using flawed perspectives and logic when others aim far far higher and can see what is possible. some people dare to achieve greatness and this seems to threaten you, and you come across as expecting everyone to simply be nothing more than average.

no one is so stupid as to imagine that they will be rolling in billions in a matter of months starting from a few dollars initial capital. the problem is that some ARE stupid enough to suggest or imply that this IS what everyone who aims for the sky is expecting to achieve. you fail to understand that the flawed logic you have posed is not what others are basing their expectations from. there are flaws in a lot of what you have said, and anyone (including me) who has suggested or shown otherwise has been met with typical chest-beating or their point has been entirely ignored.

i look forward to someone prove you wrong with cold hard facts in the exact format you request (expecting no takers) and then seeing you ignore it entirely.

the casino looks mighty inviting at times like this.

we are turning in circles. I think it is enough now.

Good trading to you!

an expected answer, but i agree.

a man has to walk his own path. i hope yours offers you more than you could imagine.

Great posts Trotty, Captain, Nub and all the other pro 1-10% a day is achievable.

Longer timeframe traders that think it isn't possible just need to remember the patterns they trade on the daily charts work exactly the same way on every timeframe, even M1, just alot faster.

I almost always get my 1% a day pre FO / LO and could stop after an hour or so of trading, it is a fallacy that short term traders have to sit watching charts all day. I use h4 for direction so pop back to my screen for the h4 closes if I want to go for another one or two percent a day.

As for proving it anyone with half a brain would read between the lines here on FF and realise what traders talk the talk and walk the walk. If you cannot even do that it is no wonder you believe making 1% a day is impossible.

Either do the work required yourself or just stop wasting your time.

To any newbs reading this, it CAN be done, search out the guys that can do it and learn from them, it may take 3-5 years but believe it and you will succeed.

I have been trading on and off for a year now and my £600 account is down to £520
But I have two gurus that trade for me with much larger accounts
The 1st one normally does about 4.5% a month thats net after his commission is taken out
The 2nd guy makes approx 3.5 % per month He only trades 2 hours a day and updates me every single day 50% of the time he does not trade but in a year I think he as had 3 losing days loses less than £200 normally makes £160 /trade profit though
5% is quite realistic .If you monitor guys like Wormboy ect I am sure they are making more than 10% /month

i like this thread already

Are you for real? Easily doable?

Well, I take my hat off to you, Sir, or is it oh Captain, my Captain? In all my years of trading the markets, both institutionally and for my own account, I have never come across anyone who finds that achieving 30%-40% per month from a decent sized capital base is "easily doable" - I say a decent sized capital base, as I know you wouldn't waste your time trading on anything less.

Once again, well done. I shall continue to scrape together the pennies from chasing a meagre return of only 30% per annum and leave the big-boy returns for the real market wizards on this thread.

Respect.

Even more respect from me. Why even bother chasing those pitiful 30-40% returns each month.....

OK after many PM's from several traders telling me not to waste my time answering to people on this thread, I am going to make one last post. Mostly for the reason that there are so many here who think the gains I have spoken of are unrealistic, and all I want to do is prove that they are not. This is not to show off, or to try to get people to believe that I am a great trader. Although I am profitable I have a lot to learn. I will ask that you really read this post carefully.

eohater and Infinity have devised a system where you enter with a very small SL like scalpers, and you hold trades like swing traders. It uses select MA's and combined with price action and candle stick patterns has an extremely high win ratio. I will venture so far as to say that the senior members on that thread probably make more than any other trader on this website.

I'm not willing to set up some thing so people can go into my account and watch my trades. I hate even doing what I am about to do, but I am doing it because people not believing is bugging me, and I know for a fact there are traders in the thread I belong to who make FAR beyond what I make.

Again I want to stress that I just want to show how yes 5% a day is possible, and although this is not possible with many systems, with the system I trade it is in fact possible and many do it far better than I do.

Please see the attachment. Here are my last trades I have taken for 1 full day. Asian session and the US session. These trades were all taken with an 8-10 pip SL, however I have an EA which moves the stop to breakeven after I am in profit 6 pips.

The trades from top to bottom are as follows:
10 pips
breakeven
10 pips
breakeven
breakeven
35 pips (shown on the left of my chart)

Now I have mentioned before that 2% of my account is risked based on an 8-10 pip stop. So therefore every 8-10 pips made, equates to 2% account gain. On the 33 pip EJ trade, my SL was 8 pips. Now based on all of this, here is what the account gain works out to for the trading day.

2%
0%
2%
0%
0%
4.4%

So yes, on this trading day I had an 8.4% account gain. I will be honest and say that this was not even a great trading day. You can see that the 33 pip EJ trade went 80+ pips, and if I had not closed prematurely that would have been 10% in 1 trade, giving me 14% for the day.

Many members on that thread regularly get 100-200 pip trades, and most of these trades are being posted live so you can go see for yourself. If you want to look through the thread, AshanfX took that same EJ trade as I did, and he added 6% to his account with just that 1 trade.

If you think one cannot continue this 8% per day account gain, I can tell you that one can. I still have the occasional losing day, but I also have days where I make far greater than 8.4%, and this system produces a very high risk:reward ratio. I now make more money from trading than I do my chosen career, and when I am able to I will be leaving my career behind to trade full time.

I am a young man who proudly serves my country - I am not a scammer or a liar, nor am I a person to tell people that I am something I am not. All I want to do, is disprove the people here who do not believe that the possible is in fact possible, and there is a thread full of people doing it. Kenneth Lee has a thread using the same method, and although he does not get to trade full time, last time I checked he was making 20% per week.

I will not be posting anymore in this thread as I feel my point has been made. I have shown you a system that produces returns in excess of 5% per day, it is now up to you to decide if you want to join a thread which with countless hours of dedication, produces insane gains.

There are members making over 2000pips per week on that thread, using 15 pip stops. Do the math on what % account gain you think that works out to. I am not at that level yet, but with more practice it will be achievable.

Best of luck trading to everyone, and if anyone has any questions about the system I trade, please feel free to PM me and I will guide you in the right direction, and give you some tips on how to begin learning.

Thanks.

The number of pips sounds okay, but the charts you present, of a rainbow (well, multiple ma's) and a bunch of s/r levels, need a heck of a lot of tacked-on interpretation from PA reading and experience, way too much for my tastes. It's why I avoid horizontal lines and delayed curves, because of their detachment from PA reality and thus increased dependence on often-tricky PA study.
One bonus, though, is the low SL you reliably use, I'd guess from the rainbow. Whatever information you wish to share on this would be helpful, or maybe it's already in your or the threads' former notes and I can look.

Even if the results were as you say, it is only one day which is meaningless. Show me a 12 month statement which shows even 10% of the profitability you claim and I would be impressed. 0.5% per day achieved consistently for twelve months with an MA based trading system - Now that would be something. Tell you what, Ill cut you a real break, show me just 6 months with a consistent 0.1% per day or better and I will eat my words. You cannot do it can you?
My sceptisism remains despite your seeming sincerity. However, your passion for your case has caused me to set aside some time to have a good look at the thread/system. If it achieves even 10% of what you claim it does, I'm thanking you in advance and I will be the first to apologise for doubting
I wish you all the best in trading and life

Maybe this thread was just created to go look at another system thread! haha! In all fairness, I will take some time to read through the thread and see what all the hub-bub is about. Hopefully, there is a PDF or a few pages that spell out the system for a quick start.

It does sound like folks are leveraging the crap out of their accounts for those types of gains, but that may not be a problem with great entries and tight stops as long as the risk is in check. I still think these are probably small accounts sub 10K or demo.

I'll be honest and say I've never seriously bothered looking at scalping (just seems like a loser way to trade), but I read before that sometimes it is wise to try something you haven't before, just to get some experience, who knows, maybe I'll like it.

I'll tell you guys what, I'll take a look at this miracle system and give it a go for 30-60 days on a demo account. Might as well see what this craziness is about.