How to make 100%

Status
Not open for further replies.
4xpipcounter

4xpipcounter

Experienced member
Messages
1,571
Likes
30
The first and foremost thing I want to emphasize is the name of this thread, “How to make 100%.” There are too many threads, IMO, that are full of mush and hyperbola, which largely comes from conjecture and a lot of wishful thinking. I've read many of the threads that ask questions along the lines of it being possible to make 100% per year, 15% per month, 2% per week. In this thread I am not asking if it can be done. At the expense of sounding aloof, I am not asking someone's opinion if it can be done. There is no need to when I do it consistently. I've made 100% in one week ( Rest assured, an exception to the rule.). I've made 100% in a month (That is the rule.). I will never discuss 100% per year. That is laughable.
What I am going to share is not my methodology, or anyone else's. I will allude many times to my methodology as a reference point. I will probably allude even more to standard deviations, which are not part of my methodology, but I refer to them, and then use my methodology to confirm my entry. As I progress through this thread, I hope to make show how obviously important that at least a conceptual knowledge of how trends work and how deviations from the mean of the trend will abet the trader in the understanding. I can't emphasize that enough. It was when I understood that that I saw the abounding opportunities in the forex markets. This is why I have such high confidence in what I do that it borders on (I've apologized many times for its appearance.) ego-centricism. What I won't do is apologize for being right and for knowing what I am talking about, and being bale to back it up with experience.
I am open to questions and comments. If it's trading, then you'll have to meet me in my other thread. This is not a trading thread. My goal is to help newbies get an understanding of the true potential of what can be made in trading without hype, flowery speeches, and dead end useless rhetoric. It is also my desire to abet the interests of anyone wanting to take their trading to the next level. There will be a bunch of great lessons on this thread, and all free of charge. Never mind spending your money on useless classes and seminars. You will get more off this thread for free than you will ever get in a paid class, and I promise that. That is if you regard improving your bottom line in trading as your number 1 priority.
I also want to say that I pretend in no way to know it all. But, I also will not apologize for being excellent along certain lines of mathematics and trading and its understanding of how the markets truly move. I do not make perfect trades all the time, just some of the time. Because I do not, is why I will go into great specificity on what to do and how to do it when a trade did not find the perfect entry. Bottom line is that my high-confidence level is undaunted, and that is what I hope to convey, as we go, and then hopefully impart some of it.
I should also mention it is easy to be confident when things are going well. It's when things don't go as well is when the true confidence gets tested. Confidence comes with the experience. You will begin to attain that with the natural application of the concepts that are covered.
There are some qualifications in learning how to double your money at a high frequency rate. First, you must have a high risk tolerance. Let me qualify that. A high risk tolerance is not necessary to be an excellent trader, but it is in order to realize the greater ROI's. If that statement needs to be qualified then it is necessary within the realm of what I will be discussing in this thread.
Also, let I want to say that this whole thread will never ( I mean “never”) be meant to imply that someone else's method of trading is useless or whatever other negative type adjectives you want to use. All this thread is going to do is show a practical way to make 100% ROI in very quick succession.
You must also be highly disciplined, but then that is a natural trait of all great traders.
It helps in seeing the simplicity there is in trading, but the work that is needed to get to the point in seeing it for self.
For now, that is enough rambling. This is the introduction. The first thing I will cover is the relativity of the deviation cycles. I'll use real life examples as a metaphor, and then show its applicability to the markets. I'll use the rear view mirror in showing examples, and a live call to show its applicability.
 
4xpipcounter said:
...
Click to expand...

hi 4xpip, looking forward to your discussion on your methodology. I had a quick look at your thread and it shows to me you know the forex market very well from experience which must give you a huge edge. It seems you combine indicators over small and large TFs, which is a method that definitely works well in my opinion.
 
Hi Mr 4xPipcounter, I enjoy your posts, although I have to say your trading method is a mystery to me, so I'm looking forward to this thread.
 
Irrespective of your trading abilities, you must be a seriously good typist, 80 words/minute?

Frivolities aside, I shall be reading this thread with interest.
 
Keep an open mind.

4x, how will this work, will you start off with an account balance e.g. £10k and tell us how much you're staking on each position?
 
My mind is so open I can't see straight, meanie. I can almost feel the gentle breeze blowing softly through my blissfully vacant cranium.
 
Looking forward to hearing more as well.
I have a mind like a steel trap but will try my best to open it.
Chris
 
Do me a favour 4xpip: Can you just put some double spacers in to separate out your paragraphs, it will just make your longer posts easier to read ;-). Good content though.
 
4xpipcounter said:
The first and foremost thing I want to emphasize is the name of this thread, “How to make 100%.” There are too many threads, IMO, that are full of mush and hyperbola, which largely comes from conjecture and a lot of wishful thinking. I've read many of the threads that ask questions along the lines of it being possible to make 100% per year, 15% per month, 2% per week. In this thread I am not asking if it can be done. At the expense of sounding aloof, I am not asking someone's opinion if it can be done. There is no need to when I do it consistently. I've made 100% in one week ( Rest assured, an exception to the rule.). I've made 100% in a month (That is the rule.). I will never discuss 100% per year. That is laughable.
What I am going to share is not my methodology, or anyone else's. I will allude many times to my methodology as a reference point. I will probably allude even more to standard deviations, which are not part of my methodology, but I refer to them, and then use my methodology to confirm my entry. As I progress through this thread, I hope to make show how obviously important that at least a conceptual knowledge of how trends work and how deviations from the mean of the trend will abet the trader in the understanding. I can't emphasize that enough. It was when I understood that that I saw the abounding opportunities in the forex markets. This is why I have such high confidence in what I do that it borders on (I've apologized many times for its appearance.) ego-centricism. What I won't do is apologize for being right and for knowing what I am talking about, and being bale to back it up with experience.
I am open to questions and comments. If it's trading, then you'll have to meet me in my other thread. This is not a trading thread. My goal is to help newbies get an understanding of the true potential of what can be made in trading without hype, flowery speeches, and dead end useless rhetoric. It is also my desire to abet the interests of anyone wanting to take their trading to the next level. There will be a bunch of great lessons on this thread, and all free of charge. Never mind spending your money on useless classes and seminars. You will get more off this thread for free than you will ever get in a paid class, and I promise that. That is if you regard improving your bottom line in trading as your number 1 priority.
I also want to say that I pretend in no way to know it all. But, I also will not apologize for being excellent along certain lines of mathematics and trading and its understanding of how the markets truly move. I do not make perfect trades all the time, just some of the time. Because I do not, is why I will go into great specificity on what to do and how to do it when a trade did not find the perfect entry. Bottom line is that my high-confidence level is undaunted, and that is what I hope to convey, as we go, and then hopefully impart some of it.
I should also mention it is easy to be confident when things are going well. It's when things don't go as well is when the true confidence gets tested. Confidence comes with the experience. You will begin to attain that with the natural application of the concepts that are covered.
There are some qualifications in learning how to double your money at a high frequency rate. First, you must have a high risk tolerance. Let me qualify that. A high risk tolerance is not necessary to be an excellent trader, but it is in order to realize the greater ROI's. If that statement needs to be qualified then it is necessary within the realm of what I will be discussing in this thread.
Also, let I want to say that this whole thread will never ( I mean “never”) be meant to imply that someone else's method of trading is useless or whatever other negative type adjectives you want to use. All this thread is going to do is show a practical way to make 100% ROI in very quick succession.
You must also be highly disciplined, but then that is a natural trait of all great traders.
It helps in seeing the simplicity there is in trading, but the work that is needed to get to the point in seeing it for self.
For now, that is enough rambling. This is the introduction. The first thing I will cover is the relativity of the deviation cycles. I'll use real life examples as a metaphor, and then show its applicability to the markets. I'll use the rear view mirror in showing examples, and a live call to show its applicability.
Click to expand...

Might just be an idea to qualify this as being 100% of your starting capital per month, not 100% per month compounded (as many will point out you would own the entire Wordl withina few years compounded!)
 
This is in response to some of the psots

What I won't do is divuldge my personal equity. This is my only job, so it might give some idea as to what I use in my main trading account. I use 10% margining, which means 100 pips yields 10%. A 100-pip loss also yields the same. I have had only one 100-pip loss all year. My margining is alos compunded with every trade. I.e-- If I have a 100-pip win on one trade that starts at $10,000, then the balance is $11,000, so the next trade would have 1.1 lots. Therefore, when the month is over, a lot less than 1,000 pips is necessary to double the account. And, there is still much more to be said of the margining. Stay tuned.

There is also a principle behind 10% that will be discussed later (Again, not saying if you don't use 10% that you are wrong. 10% is right for me.). It is the principle behind everything that I wil strive to convey, Many of my trades are in my other thread, and they can be verified, and then apply the precentages to them.

There is also a reason behind the title of my thread. I might even mention 100% per month from time-to-time, but that is because I do it most months. I do not mean, though to imply 100% necessarily within a specified period of time. Most people will be real happy to make 100% every 2 months (I read too many threads on this site.). 100% is to be implied that it will be done on a regular, predictable basis. If it takes one year to do it, then you are doing something wrong (Within the context of the implied discussion in this thread.).

I will share my methodology a lot, but I will also share important points and aspects that need to be addressed outside my methodology. The idea is not to impugn my methodology on anyone. It is designed to give the proper tools for huge gains on a consistent basis. My methodology will be a reference point. Don't forget, one of these days, I'll be dead. If I impugn my methodology, then your will also die, because part of my methodology is my proprietary S&R's.

As per Rossini's post, it's double-spaced between paragraphs.

Some may skeptical of why I am doing this. I've been trading for 6 years. I haven't had a losing month in 3 years, and one losing week in 3 years. I do not ever wanted to take that for granted. What I know becomes reinforced through simple discussion. I can't talk to much to my wife about. She gets bored (She doesn't get bored wehn I cash my pips in for real dollars, though.). I can't talk to Tucker about it. He'll listen, but he doesn't really understand (That's his picture in the avatar.). Therefore, what better audience to have than ones that share my same interest. In essence, the selfish intent and motive is I become a better trader. Also, and honestly, I get lots of e-mails and PM's from people that have benefitted. I never seek for a pat on the back, but it sure feels good when someone else has been benefitted.

This will be a long journey. The first nugget should be coming within the next 24 hours. Martinghoul made a good point. Just keep an open mind. May the breezes blow.
 
Hmmm... This sounds really interesting. I will certainly keep an eye on the thread. The point that interests me most is your margining method and its work. You know, increasing the risk can't constantly lead to big wins. But that's just the words, let's see that.
 
100% compunded is exactly what I meant. 100% of my trading capital is what I use, and that is what my 10% margining is based on. For clarification, I do not use 100% off all my personal assets to trade with.
The only reason the gains are not as exponentialized as the potential is because of withdrawals. The point you made about owning "the entire world" shows how limitless trading can be. Many traders also get more conservative as their captial grows. An extreme example are the Warren Buffets and Bill Gates of the world.
Let's make another point. If you make 100% this month, then you should be able to make it next month, etc (High probabilities are present.). If the money is never withdrawn, then it stands to reason your gains are being compounded.


wirraltraders said:
Might just be an idea to qualify this as being 100% of your starting capital per month, not 100% per month compounded (as many will point out you would own the entire Wordl withina few years compounded!)
Click to expand...
 
To be fair 4xpip, you did have a 60%+ drawdown on your positions on your other thread. So it is quite risky.

But anyway, good luck witht his thread. I don't agree with your 100% compounding being possible, I'm reminded of the sultan and the grains of rice that doubled for each chess square. Hoping ot be proved wrong though.
 
Nugget 1--Understanding a trend.

It is important to understand the nature of a trend, and their personality. It is also important to know their interactions within the context of different timeframes. As I progress through this, I will give an even more visual concept other than what is accompanied in the attachments.

I feel like I am still in the introductions, but here goes. There will be no allusions from me towards worn out cliches like "The trend is your friend". Sounds good, but there is no soundness in that comment to trade by. As an example, what is a trend? Duh, but get my point. By the time you have looked on the chart and determined the trend (i.e--5 candles consecutively in one direction), that could be the point it is due to reverse. How many have bought into that saying, and then wondered why their trading account is on life support? This is partly due to why the markets are perceived with the arbitrariness in their movements onstead of the predictability, which really moves them.

For now, I want to look in my rearview mirror and show a couple of trends to give a perspective. It's been asked several times what TF's do you use? Use all of them! Consider the encircled portion of the GBP/USD. It appears to have no trend. The hourly and 4-hour charts tell a complete different story. That bottoming out process was also predicted in my other thread. You might ask, "How did you know that?" My methodology is the answer. This why we need a method of knowing where and when a pair has been exhausted. During this time of sideways motion on the daily, bundles of pips were made on the intraday charts. The intraday charts were going way up, then way down, because the daily chart was at a point of indecision, but preparing for the move north that it made recently. Trend were going on all the time during that time, but the daily chart was sure not convinced.

Look at the euro chart. That is a thing of beauty for the swing trade / LT trader. Predcitable? Read my other thread. The bottom of the cloud at 1.3838 was on the LT radar. Now, here is something that is good to know, and why traders not only need to have their set of indicators that represent their methodology, but they also need to understand how each one works, and how their chosen indicators interact with each other. If you sense there is homework to do on the way to 100% per...., then you are right.

This interaction was conceived by the stochastics that I not only use as an OB /OS indicator, but also a momentum indicator. That works nice in conjunction with the ichimoku cloud. It tells my that type of crossover and the OS condition that it is headed to the kijun, which has now found its way under the cloud. Be perpared, though! Isn't it nice to know that when circa 1.3838 is hit that there will be a reversal?

The object is this. I am not saying like many fabricators would that have ulterior motives, that you could have gotten in at 1.1900 and got out at 1.3838 for a 1,938-pip gain. The main point here is when that DOWN (Referring to the monthly) was showing indication of coming to an end, be careful! If you want to be short on the hourly or 4-hour charts, that's okay, but be prepared to pull the plug on the trade, quickly. When the pair gets close to 1.3838, and there is a signal on the hourly to go long, go for it! But, make sure the finger is on the trigger.

Hang in there. I said the journey would be long. This is all leading to the end product.
 

Attachments

  • gbpusd d.png
    gbpusd d.png
    42.1 KB · Views: 231
  • eurusd m.jpg
    eurusd m.jpg
    74.8 KB · Views: 229
Shakone, you just hang in there and be a good student. When class is finished, you will be a believer. I do not speak with any empty rhetoric .It is all personal experience.
BTW, if it is the GBP/CHF holdings I had from a few weeks ago you are referring to, they were down closer to 70%. I need to set the record straight, ya know.

Thnaks for bringing that up. It's inspiring as to how to assemble my nuggets. That part of the picture will now be coming sooner than I thought.

That's why, Folks, I encourage questions, comments, and maybe even more so, concerns. Keep 'em coming!

Shakone said:
To be fair 4xpip, you did have a 60%+ drawdown on your positions on your other thread. So it is quite risky.

But anyway, good luck witht his thread. I don't agree with your 100% compounding being possible, I'm reminded of the sultan and the grains of rice that doubled for each chess square. Hoping ot be proved wrong though.
Click to expand...
 
4xpip, I'm not shooting at you. I'm not saying you can't do it, I'm just saying that it is very risky. Risk and reward go hand in hand. You did take on quite a lot of risk in the other thread (risk being your whole acocunt, and drawdown was up to 60%). That doesn't mean you can't do it and make 100% each month here.

I don't doubt it can be done. I made 100% in a day once. Good luck with it, and I hope I learn something from the thread, I am always a student :)
 
Status
Not open for further replies.

Similar threads

Mr. Charts
Best Thread How To Make Money Trading The Markets.
140 141 142
Replies
3K
Views
1M
Mr. Charts
Mr. Charts
trader_dante
  • Locked
  • Poll
Making Money Trading
126 127 128
Replies
3K
Views
1M
barjon
barjon
S
Surfing the 100 waves!
Replies
14
Views
3K
timsk
timsk
Mr. Charts
How to make money trading the FX market
4 5 6
Replies
110
Views
34K
SmartGeek
S
A
How to resolve Unknowable Uncertainty?
Replies
18
Views
3K
Splitlink
S
Top