laksh wrote:aliassmith wrote:aliassmith wrote:http://www.forexfactory.com/showthread.php?t=444377
Rags to Riches
I may try something similar. I'll have to work out the specs on 50:1 leverage and $25 risk twice. I'm guessing about $200 to $300. I need some practice at HTF trading so we will see what happens.
So back to this project. I really want to do it but my HTF might not cut it. Maybe some others might want to try it also and we can work together.
I looked at some leverage and figure $100 to start and take it to $100k. Rags to Riches!
We can post pretrades and post trades since its HTF.
Inspired by the essence of that thread, 4 days ago I started a little fun project with £50. High leverage scalping DAX30 and EU. Aiming 25% per day. It's so fun..
If you want 1:500 lev account, I can open an additional account with 100 bucks and give you the login details to try your version of rags to riches on HTF or LTF. Broker is FCA regulated, based in London. Spreads are much better than Oanda! If you reach $100K, 80 to 20 share. 80 to you, 20 to me
What do you say?
I was a CPO at one time and I learned the hard way people are a pain when you are managing their money. It didn't matter if I was up or down. Needless to say I don't trade other people's money/accounts anymore. Its not personal but I must decline the offer.
I like the leverage and spread however for HTF it shouldn't be an issue. I figure about a 131 pip min. stop loss. IDK I have not worked it all out yet. Its only a concept right now.