Strategy - Forex Forum

Hi Guys,
I found this on the internet:
Is this really possible???



FOREX TRADING STRATEGY

(Micro Account)

(Deposit Amount= 25% of Capital)
Starting Capital = $800
Stop = 200 pips
Limit = 100 pips = 50% Profit/Trade


Trade Number Lot Size Deposit Amount

Trade No. 1 - 1 $200

Trade No. 2 - 1.5 $300

Trade No. 3 - 2.25 $450

Trade No. 4 - 3.37 $675

Trade No. 5 - 5.06 $1,012

Trade No. 6 - 7.59 $1,518

Trade No. 7 - 11.38 $2,277

Trade No. 8 - 17.07 $3,415

Trade No. 9 - 25.61 $5,122

Trade No. 10 - 38.41 $7,683

Trade No. 11 - 57.62 $11,524

Trade No. 12 - 86.43 $17,286

Trade No. 13 - 129.64 $25,929

Trade No. 14 - 194.46 $38,893

Trade No. 15 - 291.69 $58,339

Trade No. 16 - 437.54 $87,508

Trade No. 17 - 656.31 $131,262

Trade No. 18 - 984.46 $196,893

Trade No. 19 - 1476.69 $295,339

Trade No. 20 - 2215.04 $443,008

Trade No. 21 - 3322.56 $664,512

Trade No. 22 - 4983.84 $996,768

Final Target = $1,495,152

yes, it's possible if you you never lose a trade.
Only one bad trade and you lose all your money.

But it also says that the total capital is 4 x times the money at risk...

This post has been edited by Amit: Jan 9 2009, 12:31

Right. And this makes this strategy almost impossible. ;-)

I want to be that person, if that is real. I agree with Mockingbird, I mean, I think for a trader is almost impossible, but for a pro broker, can be not too impossible, but I think a broker wouldn’t put that on internet.

That doesn't look like a forex strategy it looks more like a roulette scheme ... I think you would have better odds at a casino than on the forex ...

ya i think its funny...but having said that there is a possibility of making a plan like this...taking the losses into consideration as well... but its would take a lot lot many more trades to make that kind of money...a lot more trades...and a lot of luck as well...