Update for 1/31/2008 — Here’s the update for 1/31/2008. Down 1.11% for the day, up 41.92% overall averaging 4.54% per day, 8 trading days. 4k long last night, missed TP by .0013, hit the SL, all before I woke up. No other trades today. After ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Update for 1/30/2008 — Here’s the update for 1/30/2008. Up 4.45% for the day, 43.52% overall averaging 5.35% per day, 7 trading days. 6k long in orders of 2k, most of the day waiting for rate movement. Largest move 63 PIP's. EUR/USD the pair ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Have you only done the demo for only 3 months or is that part of the 50K to $220 line? I have been in demo land for almost a year think I am close to being ready. The current task is selecting a broker. Sorry about handing it to you, but my day was ...

Here We Go

I could not have said it better.

EURUSD

Actually money management is a big part of my system. If I am going long/short for longer trading times I want to be able to float with the ups and downs yet get as big a return as I can. The most I have had in play was about (Gasp!) 50% account ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Update for 1/29/2008 — Here’s the update for 1/29/2008. Up 8.16% for the day, 37.4% overall averaging 5.49% per day, 6 trading days. Closed 4k, last night as Bush was talking. EUR/USD the pair of choice. Lots of news tomorrow... lots of ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Good luck! BTW did you have your demo account to the same settings as you will be going live (Account balance, leverage etc.)?

Here We Go

Update for 1/28/2008 — Here’s the update for 1/28/2008. Up 4.01% for the day, 26.51% overall averaging 4.87% per day. Closed 2k, still running 4k long, up 80.9 & 88.9 at the moment. EUR/USD the pair of choice. Should be interesting with Bush ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Maybe Bush can put it over 1.48 and Asia can follow to 1.5

EURUSD

Thanks for the info, I will keep it in mind when I make my decision.

Fx_Genius, Turning $300 to 100K – Testing System 42

The plan is to try it with $300 or $400 depending on broker minimum. And yes this is money I can live without but would rather turn it into $100k. My current demo is with Oanda, but not sure I want a live account with them. Time will tell but I have ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Should be required reading... — I have learned a lot from some of the following posts. $100 to $100K in 1 year... A very good thread by FXAnalytics. Market Makers & ECN’s, Is the grass greener? No broker? Read first. Forex Beginner Q&A New to ...

Fx_Genius, Turning $300 to 100K – Testing System 42

Fx_Genius, Turning $300 to 100K – Testing System 42 — I have started a journal, the link is below. url

$100 to $100K in 1 year...

Week ending 1/25/2008 Update — Here’s the update for week ending 1/25/2008. Up 21.63% overall averaging 5.09% per day. EUR/USD the pair of choice.

Fx_Genius, Turning $300 to 100K – Testing System 42

To FXAnalytics — Maybe you are planing on bringing the "T" word into this discussion at a later time, if not maybe it would be good to discuss (gasp!) Tax's. In reviewing my $300 to 100K plan, I had not taken into account that tax's on the ...

$100 to $100K in 1 year...

To Baldi — Very valid point. I have experienced the same thing in different fields not relating for trading. If I have come across as arrogant in relation to professional traders, I apologize. It is just exuberance and a confidence I have in ...

$100 to $100K in 1 year...

$300 to $100K in 1 year — I'm going for $300 to $100K in 1 year believe it or not, $200 makes a big difference in reaching 100k. Actually spotting every move perfectly would make me a "Millionaire", if you do the math it's not that hard to do. ...

$100 to $100K in 1 year...

$300 to $100K in 1 year? - Update - What a week! — I hope everyone is making money, my crystal ball and demo account were doing pretty good, and then..... Another broker (and demo account) bites the dust, and it wasn't all my fault for once! ...

$100 to $100K in 1 year...

All this talk about not being able to make money in forex makes me want to sell flowers on a street corner for a living! Really, if a great trader is only making 2% +/- 1% a year, why do it? I understand the points being made here and I don't buy ...

$100 to $100K in 1 year...