Captain Pugwash wrote:aliassmith wrote:Captain Pugwash wrote:aliassmith wrote:Captain Pugwash wrote:aliassmith wrote:MightyOne wrote:How do you reach unrealistic profit targets?

By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks

# of targets to +1 Zero:

33.4%: 08

58.5%: 05

115.5%: 03

Example:

3 Targets of +115.5%

$2000 - $4310

$4310 - $9288

$9288 - $20015

Did you pick 8,5,3 for a specific reason?

Its a fibonacci sequence - but I am also lost

i noticed that after i posted.

i understand it perfectly, but wonder if there is a reason for that choice

Sorry Aliassmith - deduct the word "also" from me post

I didn't understand it at all - but now i have something to work on

MO language

+1 zero is 10x your account

33.4% is target based on current account size

08 is the number of cycles per year needed to hit the target

to make 10x your account

There's some lovely, concise translation work you've done there aliassmith - I did manage to work out the top one - the easy one.

Thanks

Only now I cant help wondering just what math MO used to work out the percentage required to add a zero in 21 - I don't want the answer - just the formula

(And it's not even important - just, as I'm not naturally gifted at math - I still like to know how its done)

I don't follow. What do you mean by 21?

(1+percentage)^cycle=10

cycle root of 10 - 1= percentage