Forex Fund Manager Shows How to Double An Account in One Week
Uploader Comments (tradeartist)
All Comments (12)
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Thanks! i kind a am involved with it...still on demo account,but i have a pretty good picture of it all now! just waiting to get the starting 5000 dollars...
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to understand it all u need to get involved, there is no way around it, a lot of things dont make sense in the beggining but with time they will become very easy to understand. Good luck.
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Thanks again! then i got it right...
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yes that's right but we use an automatic stop loss which will close the trade at a predetermined price and the trade has a position size that is calculated to be 2% for that size of stop loss.
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Thanks! with 2 % risk on the capital per trade He wanted to say that if the trade goes bad He will exit trade with 2% loss maximum and He also wanted to say that He is pretty accurate identifying the direction of the trade!!
Did i get it right? (asked because i wanted to be sure what i understand..) o..and i think doubling your account in a week, is more than possible!!!
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@Sepa9 That is not such a stupid question. What I mean is that when we enter a trade there is in this case no more than 2$ of the capital at risk in that trade if the trade results in a loss. While often that same trade may result in a 4- 10% increase in capital if it wins.
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im sorry if the question is a little stupid,but what exactly do you mean when you say you do it with 2 % of risk...
It is a demo account he doubled, right ?
Clausewitz1 2 years ago
@Clausewitz1
Fund managers are trading live accounts and the live accounts of others. It is interesting that people often believe it is possible to make good gains in a demo account.
tradeartist 1 year ago
Scott, thanks for your answer. Believe it or not, but I do not think that it is possible to earn money trading demo accounts My question resulted from a simple act of observation of your the life session recorded. It is clearly visible that there is written "Demo - Demo account..."
Clausewitz1 1 year ago
@Clausewitz1
My live trading account is with a broker trading platform other than MT4 and it is always running on my other computer. On the screen that I am showing is usually more than one MT4 demo platform and Esignal which I use to show the entries. I will be posting my results and those of others on our managed fund page. This week I am up over than 200 PIPS so far in my live account and target 300-500 PIPS per week net profit.
tradeartist 1 year ago