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I have a question for you all: What is the best results you have ever laid eyes on in Forex trading? 100% in a day? 200%? 1000%? in a week? in a month? Let’s see what we are working with here :)

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 Enoch Simpson, Seeking part time tech work and computer tutoring on Hawaii island or Oahu if cost of ticket is covered.

 Wednesday, April 29, 2015

I have a question for you all: What is the best results you have ever laid eyes on in Forex trading? 100% in a day? 200%? 1000%? in a week? in a month? Let's see what we are working with here :)


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14 comments on article "I have a question for you all: What is the best results you have ever laid eyes on in Forex trading? 100% in a day? 200%? 1000%? in a week? in a month? Let's see what we are working with here :)"

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 Marc Verleysen, founder at TSA-Europe -systematic trading

 Thursday, April 30, 2015



Sorry, but this is going to be the start of another "look at me how good I am" discussion.

Performance (% gains) is function of risk taken/ leverage deployed. So,there is no possible "best ever". If you really want to be (taken) serious, ask for 12, 36, 60 month unlevered returns and sharpe, sortino etc.... Also, be asset class specific. You can't compare FX with bonds, stocks, ...

This kind of discussions have been seen a zillion times already in the past on this and other fora and they all ended up being covered or open advertisements.

regards


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 Peter Pih, Andorfer Advisors

 Thursday, April 30, 2015



Soros/Drunkenmiller/GBP/1992 = Legendary


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 private private,

 Thursday, April 30, 2015



You should clarify what you mean by your %. An experienced trader would have done this, and knows better than to ask this question.

I suggest reading up on how to trader the market, and don't listen to the hype. There are plenty of discussions here on how to get started, The DOs and Don'ts etc.

Good luck


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 Javier Yep Garcia, Forex, CFD, Options and Binary Options Trader. Fund Manager. Online Marketing

 Friday, May 1, 2015



Hello Enoch, 100% in a year could be possible with intense work. But 100% in one day or 1000% in one week sounds like a joke. Sorry.


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 Mark Brown mark@markbrown.com, Global Quantitative Financial Research, International Institutional Trading, Algorithmic Modeling.

 Saturday, May 9, 2015



one gazillion percent profit a second, there might as well give you the ultimate answer you seek.


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 Enoch Simpson, Seeking part time tech work and computer tutoring on Hawaii island or Oahu if cost of ticket is covered.

 Monday, May 11, 2015



Nabil - An experienced trader in what exactly? I am a deeply experienced trader but that does not mean I know how to talk to people on a forum about the industry keywords of trading analysis. I have spent the last 2 years straight on a deep market study of gold silver and oil. With the climate in this forum I am hesitant to discuss my own results. I do not feel I would be believed.

I am 10 years experienced. The skepticism and cynicism I see in this forum so far saddens me, I was actually hoping to find a meeting of the minds but what I find is seeming resistance, reticence, skepticism?

I came here to discuss topics, not get commentary. Please people, can we re-approach this?


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 Enoch Simpson, Seeking part time tech work and computer tutoring on Hawaii island or Oahu if cost of ticket is covered.

 Monday, May 11, 2015



Ah, such useful responses. .....Let's see, criticism for asking a question, being treated like a 'noob', patronizing and ridiculous answers. I guess I should have expected as much. Thanks for turning my earnest question into an attack guys.

I don't see anyone who actually gave a useful answer other than Javier.

Javier - Thank you for your earnest and honest answer, this is the kind of reply I was seeking.

Mark, bugger off, you may has well not have commented. lol. :P

Nabil - What I mean is, what consistent results to people see from the best program/trader/group ever do: per day, per week, per month in NET gains in FOREX.

Peter, thank you for your reply.

Marc - I had a specific reason for asking this question, why the criticism? I don't see any of the replies below talking about "better than" or "Look how good I am".

As for asset, let's try Gold Vs USD (XAUUSD chart) (or silver/ XAGUSD)

Anyone else want to contribute like Javier did? I am just asking for opinions here folks, after I clarified I hope someone can give me some good answers.


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 Javier Yep Garcia, Forex, CFD, Options and Binary Options Trader. Fund Manager. Online Marketing

 Monday, May 11, 2015



Hello Enoch, Thank you for the 'compliment' I was just saying truth and all based on my experience. (trader since 2003).

Let's take the example of the IMPOSSIBLE task of 1000% return in 1 month: To achieve that kind of return in such short period of time, a trader must use really big Lot-Sizes (40 - 80% of his/her account) and never loose a single trade or else, his/her account will be wiped out in 1 or 2 days. And of course, any placed trade must work from the first second because any small retracement will also blow up his/her account.

But we all know that procedure is by itself impossible because any broker will never allow you to place such positions, it will simply tell you "Trade cancelled, Not enough money".

So yes, 100% profit in a year is doable with intense work, as I said, but not 10000%

If you are trying to make such huge profits in such short time of period, be careful because you might be shooting on your own feet. Stay realistic and do the maths.

If I can be of any help, let me know. I work for people/investors.


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 Enoch Simpson, Seeking part time tech work and computer tutoring on Hawaii island or Oahu if cost of ticket is covered.

 Monday, May 11, 2015



Thanks.


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 John Lazar, Algorithmic Trading Developer at Barclays Investment Bank

 Tuesday, May 12, 2015



I have seen a strategy that can generate 100% in a month, but it can be wiped just as well when things go against it. Have recommended the trader that developed it a hard stop when maximum relative drawdown gets to 20% and he still tells me it still makes about 40%/month. I would like to see a backtest on it, but I is based on a number of market conditions for which there is no long term saved historical data.


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 Enoch Simpson, Seeking part time tech work and computer tutoring on Hawaii island or Oahu if cost of ticket is covered.

 Wednesday, May 13, 2015



Thanks for letting me know, John, that's interesting, sounds similar to what I am aware is feasible.


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 Javier Yep Garcia, Forex, CFD, Options and Binary Options Trader. Fund Manager. Online Marketing

 Wednesday, May 13, 2015



Hello John and Enoch,

What John described enters in the description I've made above. You can make 100% in a month using very aggressive strategies including big lot-sizes, no Stop-Loss level, etc... but using those, you can also make wipe out your account in 1 day. And that kind of risk is unacceptable in any serious Fund or Strategy unless you want to burn your own house.


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 Marc Verleysen, founder at TSA-Europe -systematic trading and money management

 Wednesday, May 13, 2015



Hi Javier,

i could not agree more !!

If someone wants to gamble, they have to do it with their own money, not with money coming from investors. From contacts within the industry, I hear that investors get very worried if they see 10 % + drawdowns on a multi week time horizon.

Some years ago, we were a finalist in an international contest for new strategies and the organising (multi billion) hedge fund did not want to leverage FX more than 3 times (brokers will give you 100, 200 even 400 nowadays). This is just to underscore your point of view. Serious funds are usually very careful on leverage. They manage to survive market shocks because of that and that is how they attract even more money. You build an empire, brick by brick. Exciting ? No. Wise ? Yes

regards


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 Javier Yep Garcia, Forex, CFD, Options and Binary Options Trader. Fund Manager. Online Marketing

 Wednesday, May 13, 2015



Marc, you are totally right.

Thanks! ;)

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