ForexAthlon : Turn 19$ into 1900$ in one day .

[LoRio]

-Go to account history
-Right Click on any order
-Save as detailed report
-Open the htm file
-Screenshot
-Upload

How was your NFP ?

 

[RahmanSL]

Ok, thank you for the tip....I do that too (i.e take screenshot of detail report), but I thought you have a better system

Trading the NFP last Friday was good and not so good.
On main account, it was an pretty good week for me as I managed 92.13% gain over previous week (read my post#How much do you expect to get from a USD20k account?)
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On the "play" account with Exness, after making fairly good profits, I made the fatal mistake of forgetting that I have placed a few pending orders just before NFP which were triggered. With one too many opened positions on a small account, I lost over 50% of capital.
However, after refunding with additional USD258.70 early this morning, I have managed to recover most of the lost money and is now trading conservatively to bring that account into profits.

 

[Whitesnake]

Hence the answer is very much clear that it is highly impossible to reach such a figure with very small amount of money invested and the possibilities are that we bust the account. Not even worth the try according to me.

 

[Floriano]

I think first trade is not easy for a newbie and he can loose his money and loose his heart and can leave Forex. But I think he should keep focus on trade and be patient.

 

[Pharaoh]

I'm waiting for the next NFP to see if someone can manage one super-massive winning trade or not.

 

[LoRio]

I'm waiting for the next NFP to see if someone can manage one super-massive winning trade or not.

or the next FOMC

 

[tobeone]

Do you acknowledge how much leverage you need in order to make $19 into $1900 in one trade?
and How little you SL will be because of stopout level? you need a leverage of 1:10000 with maximum lots
and to catch a 100 pips spike. Most of the time NFP offers about 50 pips and then it reverses back.
you'll have to enter with a 1.9 lots to use 1:10000 leverage and your SL will automaticaly be at a 0.7 pips
from Order Open Price if stopout level is standard 30%. So it's just too much for 19 USD.
The Spread itself will result stopout level to trigger.

 

[LoRio]

Do you acknowledge how much leverage you need in order to make $19 into $1900 in one trade?
and How little you SL will be because of stopout level? you need a leverage of 1:10000 with maximum lots
and to catch a 100 pips spike. Most of the time NFP offers about 50 pips and then it reverses back.
you'll have to enter with a 1.9 lots to use 1:10000 leverage and your SL will automaticaly be at a 0.7 pips
from Order Open Price if stopout level is standard 30%. So it's just too much for 19 USD.
The Spread itself will result stopout level to trigger.

Yes tobeone . In one move thats what you need.
The rule in forex though is : Dont expect everything in one move.
No one spoke of it being possible or easy , hence the beauty of it.
i should attempt one of these again some time...hmm

 

[nanypurwanti]

turning $10 into $1000 in very impossible, even using EA we never turn it....
I've trade in litefx and some other broker, I always using EA but never can to gain as huge as your stated...

 

[LoRio]

NFP Friday . Hmm . Ideas coming .