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Tonny Obare
20755
Tonny Obare 2013.04.30 22:50 
  • 77%
    (30)
  • 23%
    (9)
Total voters: 39
Simon Gniadkowski
Moderator
17963
Simon Gniadkowski 2013.04.30 23:42  
There is absolutely no comparison,  anyone who votes for 1000% once cannot add up and has no business trading.  10% a month for a year is 313%,  for 2 years is 985%,  for 3 years is 3091% . . .   I can wait 3 years.
Mehrdad Shiri
4335
Mehrdad Shiri 2013.05.01 00:28  
RaptorUK:
ACCEPTABLE :-)
hongden nguyen
949
hongden nguyen 2013.05.01 04:16  

I'm perfer for 10%/month, Forex is a high risk job, so safe is very importance.

With my Demo acc, i had trade and gain 6000% in three month, but im still take care with my real account, i took only around 100%/month on real account! Safer!

Tks for poll! 

Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
  • www.mql5.com
Standard Constants, Enumerations and Structures / Environment State / Account Properties - Documentation on MQL5
Hiflyer
10
Hiflyer 2013.05.01 07:34  
Forex is business not gambling. No meaning of doing a business for 1 week with huge profit and quit fearing lose.
Alain Verleyen
Moderator
28702
Alain Verleyen 2013.05.01 09:20  
Hiflyer:
Forex is business not gambling. No meaning of doing a business for 1 week with huge profit and quit fearing lose.
Right, they soon discover that in fact they are particularly likely to reap 100% loss.
Rogerio Figurelli
Moderator
36343
Rogerio Figurelli 2013.05.01 15:29  
Good pool idea, but as a Forex trader, 10% a month for the rest of your life because the strategy is safe seems quite conservative. In this case I would invest in other instruments far away from Forex. 

In my opinion, the pool lacked an intermediate alternative, that would be "higher than 10% a month but not a Jackpot style".

I believe this is possible (not for all), and quantitative high tech (like MT5) and community power (like MQL5) is one way to reach this.

Anyway, in a scenario all or nothing, like this pool, I still prefer the Jackpot style, because I will have a chance to reach the sky someday in my life.

Simon Gniadkowski
Moderator
17963
Simon Gniadkowski 2013.05.01 15:47  
figurelli:

Anyway, in a scenario all or nothing, like this pool, I still prefer the Jackpot style, because I will have a chance to reach the sky someday in my life.

Where do you see the sky being positioned ?  how long do you expect to live ?

For example,  $10,000 + 4 years at 10% a month =  $970,172

Tonny Obare
20755
Tonny Obare 2013.05.01 16:26  
In forex ive come to learn one thing; Aim lower and stay safer. You can have 10 pips profit but this could either be a small profit or a big one depending on the lot size and leverage. Out of the ten pips to one person it could be a 100% profit but to another the same 10 pips would be just 10% profit. Now lets assume it was -10 pips.
Simon Gniadkowski
Moderator
17963
Simon Gniadkowski 2013.05.01 16:31  
tonny:
In forex ive come to learn one thing; Aim lower and stay safer. You can have 10 pips profit in but this could either be a small profit or a big one depending on the lot size and leverage. Out of the ten pips to one person it could be a 100% profit but to another it would be just 10% profit. Now lets assume it was -10 pips.
Don't you know what your risk is on each and every trade ?  don't you maximise the return on a winning trade and limit your risk to what you find acceptable by adjusting your position size ?  if you did this then it doesn't matter if your trade is for 5, 15, 25, 55 or 105 pips . . .  the risk is the same and the reward is the same.
Rogerio Figurelli
Moderator
36343
Rogerio Figurelli 2013.05.01 16:35  
RaptorUK:

Where do you see the sky being positioned ?  how long do you expect to live ?

For example,  $10,000 + 4 years at 10% a month =  $970,172

Note, I mean reach the sky as a discovery of the truth metaphor, this is not about money, i.e., in my view the market truth is the biggest challenge (or the sky) here.
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