Extreme day trading
Mensajes: 836
Member since: 16/05/2011
I was searching about extreme forex trading results and I saw this. Its really extreme. Dont know if he is doing it with real account or demo account. But If you go through his daily trades, you will see that he is making big profits in most of the trades. These results are of 2008 and 2009.
I am giving link to One of his videos in which he made 66000 profit in one trade.
http://www.youtube.com/user/XtremeTrader#p/u/31/I4vuu6Zm4YU
Mensajes: 685
Member since: 06/06/2011
ouch!. He did it on very high leverage by taking high risk. Can it be real?
By watching such videos, beginners loose their patience and discipline. They go for high risk trading and loose everything in a few days. So such videos may be good to watch but these riskiest strategies shouldnt be tried on real accounts.
Mensajes: 939
Member since: 21/04/2011
There are various clips that show 5 figure income being generated in minutes. Important thing is the pip value. In the above video, pip value is about $5000. With such high pip value you can make that much money.
The hard part is courage. You should have courage and funds to risk. Never risk your everything by watching such clips. Same as Martingale strategy, it is not for following but for fun. So do not risk your everything for just FUN.
Stick to your rules
Mensajes: 734
Member since: 22/04/2011
EXTREME. It is in no way a real account.
here are various clips that show 5 figure income being generated in minutes.
You can rarely find a genuine video of a real account generating 5 figure income. They are all either demo accounts or customized. I dont say that its not possible but the problem is that no one is mad enough to risk big amounts just to show others. No one knows that how many times he have lost before showing us this trade.
In my opinion it was a demo account.
The good or ill of a man lies within his own will. – Epictetus
Mensajes: 711
Member since: 17/05/2011
OMG. This person has done it many times in different trades. The question about demo or real account doesnt matter here I think. Coz he has many other trades showing such exceptional results. He clearly said that these videos are not for following and just for educational purpose. He wants to show us how trends work and how we can take advantage of them. But as he said that it is not always possible to analyze these trends correctly.
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Member since: 09/05/2011
People have shown such exceptional results. No surprise. High leverage trading can result in destruction as well as very high benefits. But it is not a recomended way of trading. Professional traders do not use such techniques often. Most of the people cannot risk high amount of money for such fun. But you can do try it in demo.
Bee There is no term like "sufficient money". So aim for a satisfied life.
Mensajes: 939
Member since: 21/04/2011
Originally posted by BeePeople have shown such exceptional results. No surprise. High leverage trading can result in destruction as well as very high benefits. But it is not a recomended way of trading. Professional traders do not use such techniques often. Most of the people cannot risk high amount of money for such fun. But you can do try it in demo.
You r right. I am also of the same opinion as said in my previous post. These types of demonstrations and videos are only for fun purposes and not a professional trading style.
Stick to your rules
Mensajes: 513
Member since: 08/02/2011
Originally posted by SashaI was searching about extreme forex trading results and I saw this. Its really extreme. Dont know if he is doing it with real account or demo account. But If you go through his daily trades, you will see that he is making big profits in most of the trades. These results are of 2008 and 2009.
I am giving link to One of his videos in which he made 66000 profit in one trade.
http://www.youtube.com/user/XtremeTrader#p/u/31/I4vuu6Zm4YU
i see the video i dont think these trades or profits are in real account may be iam wrong but i cant see any real account there
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Mensajes: 177
Member since: 12/04/2012
This is surely not the proper way of trading in forex and it is such a risky way of trading and repeated number of trades at high risk. I think one should not follow the same way of trading and should make their own strategy and aim to minimize the risks and losses first .
Mensajes: 194
Member since: 26/04/2012
Well day trading is the good option but some time i suffer a loss on it and i am trading since a long time and i experienced that we should have to trade for 1 or 2 times in a day so that we won't get in to a loss .
Mensajes: 94
Member since: 26/04/2012
I like to trade on day because at that time there are higher fluctuation and we can find many opportunity there and can make a good amount of profit through it.