*Official* Forex Trading thread.

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Mr.Canberra

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I flower eyes or what? The photo is per year leh...

No you did not see wrongly. The chart stated yearly but LucentFX is suggesting to replace yearly with monthly instead.

He is targeting to flip startup capital of $500 to $270,900.39 in 24 months! :D

If one can get 30% ROI p.a. is considered very good liao. He is targeting 360% ROI p.a.! :eek:

My 2016 ROI is 27.61% (S$4003.67).
 
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LucentFX

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Photo is yearly, I did mentioned twice to change yearly to monthly. Calculation is the same. Compounded monthly.
 

awful999

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No you did not see wrongly. The chart stated yearly but LucentFX is suggesting to replace yearly with monthly instead.

He is targeting to flip startup capital of $500 to $270,900.39 in 24 months! :D

wow, then if start with 5k, in 24 month i will have 2.270900 mil...:eek::eek:
 

LucentFX

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Never start with big amount, you will be emotionally disturbed, which will in turn affect your trading. That's why I suggested $500, which is manageable for most traders.

If system is good, it just needed time to generate the return. If it is not consistently good, we will fail, and the most we loss is $500.

We can then fine-tune and restart. Thus all we need is time, and small capital. Time to compound the return.
 

Mr.Canberra

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Haha today I think 90% of the participants on this thread is not making money. Start to talk non Forex topics. :s13:
 

iamveryguailan

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30% consistent monthly performance will place him at the TOP of any hedge funds in the world

What millions? Enjoy billion salary Liao la like the top hedge fund managers
 

Mr.Canberra

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30% consistent monthly performance will place him at the TOP of any hedge funds in the world

What millions? Enjoy billion salary Liao la like the top hedge fund managers

Yes if can achieve that sort of returns many hedge funds have to close shop liao because all clients will switch shop to that 360% ROI p.a. hedge fund. Even Li Ka Shing and Warren Buffet must stand one side! :s13:
 

awful999

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Haha today I think 90% of the participants on this thread is not making money. Start to talk non Forex topics. :s13:

I tried to calculate my return so far , I was wow at my peak, but now fall back liao...


note : currently scalping AUDUSD...
 
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LucentFX

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All have the chance to do it. And no such product in the market. We need to make the product ourselves by trading the market.

I hope by introducing this concept, someone, or even just one, can grasp it and apply it and benefit from it.

Cheers!
 

LucentFX

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Yes Awfull999, I saw your profits, it was good. Now is how to make it consistent. Your profits reported past weeks were more than 30% per month if I am correct.
 

awful999

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Yes Awfull999, I saw your profits, it was good. Now is how to make it consistent. Your profits reported past weeks were more than 30% per month if I am correct.

:eek::eek: not so much....few month back i suffered some big lost on profit, that why this month i scalp more then before and cut down on carry trade, so far so good then before, more consistent rather then big win big loss.
 

awful999

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What is your ROI?

hmmm I afraid say out then will....i am a bit superstition and people will start to say i ******** and attack me, I better keep low profile. I can only said is not bad...

If you really want to know I can pm you ...lolx
 
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LucentFX

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Depending on your trading strategy, there will be a limit to the lot size you can open. If we trade during liquid times like "NYLON" then liquidity should be able to support up to 100 lots, still may need to split the order size to bite size like 20 lots x 5 sets.

If trading Asian timing, when account size reaches $250k, or lot size reaches 20 lots, will need to discuss with broker to check the order fill rate. There may be a limit to order size due to illiquid market at Asian timing.
 

LucentFX

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Right.
I also thought nothing about bitcoin in 2010, when it was worth just cents..... how is it possible?

We can try, never try never know. If fail, be it, it's just $500.
 
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