[Forex] Turning ~$100 into $1,000+ a month!
- Thread starter tagthatduck
- Start date
dotcomer2
Registered Member
- Jul 11, 2008
- 78
- 25
I am with you there.
tagthatduck
Junior Member
- Feb 8, 2016
- 100
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I can probably get a Guide set up sometime this weekend for you guys
Ijustgrind
Newbie
- Dec 23, 2012
- 15
- 4
I too am I interested in your script. Heck I'll even give you your $20 back!! Thank you for sharing the journey.
tagthatduck
Junior Member
- Feb 8, 2016
- 100
- 41
I appreciate it! Like I said earlier on, I've been working a lot so when I have a chance and get to my home computer I'll upload a Dropbox link to the download! I'll need to make a separate thread most likely explaining how to set everything up
Splintersfury
Junior Member
- Mar 8, 2017
- 113
- 20
Awesome
tagthatduck
Junior Member
- Feb 8, 2016
- 100
- 41
W
were expecting to turn 100+ investment into a recurring $1,000 usd monthly return.
Emeka Okeke
Registered Member
- Mar 19, 2017
- 70
- 12
Please bro I want to join your journey..I have passion for forex...am eager to learn..I wish u best of luck in journey
tagthatduck
Junior Member
- Feb 8, 2016
- 100
- 41
There are no limitations to the script, it's hard to really explain how it works because I've gotten flamed as soon as I mention martingale.. and some people don't understand that in FX a loss is only a loss if A) you close the losing trade or B) you blow the account due to margin.
With 10K you'd honestly play it safe.
2 currency pairs 1.3x multiplyer
Monthly return should be around 2k ~ if you ask me that's better interest than the bank
But you also need to remember Trading Fx is a risk regardless, you could wake up tomorrow and have made $500 in your sleep or you could blow the account because both of your pairs crashed to shits.
This is why I tend to pick pairs that don't correlate with each other.
Example of how the system works
1)buy @ .01
2)buy @ .01
3)buy @ .01
4)buy @ .02
5) buy @ .02
6)buy @ .03
7) buy@ .04
So let's say you're losing 7 trades.
You would lose on trades 1-4 but profit on trades 5-7 so you won 3 lost 7.
The take profit follows the lot sizes so if the take profit for the first trade was 30 points above it
And the second trade it's 50 points above it
Third trade is 60 points above it.
Eventually on the Hook back up you'll profit on the trades because 1) your lot sizes below are larger than the ones at the top. Pic for example
. If you notice in the picture after a lot of trades it eventually opened a .79 lot and the take profit for ALL OPEN TRADES sits below the .40 in other words the bigger the floating loss the bigger the profit .. best I can explain
tagthatduck
Junior Member
- Feb 8, 2016
- 100
- 41
And yes that trade did take profit the next day with roughly $400 USD. (This was a week before I blew that account on a major crash due to news, which if I had an extra $1k in the account I would've survived the crash and profited roughly $800 usd
Trained Wolf
Supreme Member
- Oct 30, 2014
- 1,453
- 274
Interested to learn about this OP, Keep sharing your journey.
Interested in the script too. Replied earlier in this thread but i think you didn't notice but no problem.
If you also have some useful informations for me i would be glad.
tagthatduck
Junior Member
- Feb 8, 2016
- 100
- 41
55trillion
Power Member
- Sep 27, 2015
- 704
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forexfactory, babypips