HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

[K12]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

William, Thanks for your comments which I agree. Is it possible to add another section under the Forex Room. We have the EA and Trading sections and I think it is also important to possibly add another seperate section called "Money Management" or "Potfolio Management". Regards. :arrow:

[William1713006271]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

I think it is also important to possibly add another seperate section called "Money Management" or "Potfolio Management".

Yes, it would be nice. But our admin said that a new sub forum could be made if and only if there are many threads about them in the 1st place.

 

So, a new subforum is basically a grouping of ongoing threads. Just like the ebook request sub forum was made because there were many requests. Well, since there are only quite a few posts on money management, we are all could start posting more about them if we want a new sub forum. :D

 

Regards,

[liamsi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

i see a lot of u don't like ea's no problem

here is a eurjpy manual system

rules only trade in direction of yellow line and in some cases blue band up and red band down

recognise when market is sideways in uptrend buy close to yellow line and vice versa

we are looking at 3

the time frames 30 min yellow line, red and aqua band 60 min

white lines 240 band. your stops are at red or aqua bands or yellow line target minimum red band(buy)

and aqua band (sell).

its a simple yet effective method.

the theory here is in an uptrend the aqua band is support

in downtrend the red band is resistance.

the risk to reward is exceptional.

just learn to time your entries buy or selling close to these bands will get u in the money very quickly.

practise makes perfect.

 

on friday alone using this method u could have doubled your account

see attach chart.

rely more on price and the bands then the oscillators

[sillykiddo]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

hi liamsi

I see you post a manual system is there any way u can post the template of your charting?

U didn't mention which indicator u r using..

thanks

[liamsi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

here is a step by step setup that i use;

we are following 3 time frames all in one.

30 min bars with yellow trendenvelope.

60 min bands indicated by aqua and red bands also white thick line trendenvelope.

240 min bands indicated by thin white lines.

magenta line is the daily open.

pivots i find these work well as indicated by dotted lines.

lastly supersignals v2 indicated by arrows and x's

 

i would like you to study the thick white lines. that is your directional or trend indicator.

when prices are above it the trend is up and when prices are below it the trend is down.

really simple it took me 2 years to discover this.

Only a close above the white thick line would indicate a change in trend.And a close below a downtrend.

 

buy signals in uptrend:

u want to buy as close as possible to either the yellow line in a decent uptrend or close to or at the aqua bottom band or white thick line.

your first indication is that the close > open.

 

your initial target is always the top red band.

then u can trail it using either the yellow line or thick white line.

 

vice versa for downtrend.

 

using this method u are trading with the trend. and your risk is minimal.

u can easily double your account using this method monthly.

see attached chart.

[cowboy]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

;) Hi Friends,

Don’t be too harsh to Liamsi. He was just sharing his idea. It’s nothing wrong. I believe anyone can tell us their own idea, aren’t they? Let’s just little bit easy to them.

I wish you all have great holidays. :lol: :lol: :lol:

[z4wil]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

Happy Holidays.... :shand:

 

*I hope we can be Millionaire Next Year.. :mrgreen: :mrgreen:

[sparrow1713005998]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

woooh trading with EA , kayak jaga lilin.... :mrgreen: suatu pantangan dapet profit kalo hanya mengandalkan EA :x

[z4wil]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

woooh trading with EA , kayak jaga lilin.... :mrgreen: suatu pantangan dapet profit kalo hanya mengandalkan EA :x

 

Ngik..3x... :mrgreen:

 

Setau saya yg namanya EA paling banter bisa bertahan cuma 6 Bulan, kecuali EA trailling Stop.... :roll:

[K12]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

How Long Until You're a Millionare?

 

hxxp://www.mortgage-calc.com/miscellaneous/million.html

 

also another one,

 

Desired Age to be a Millionare:

 

hxxp://www.investopedia.com/calculator/MillionaireCal.aspx?viewed=1

 

;) :arrow: :arrow: :arrow:

[liamsi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

final product.

see attach chart. i am using 1 hr chart with with 1hr, 4hr and daily bands.

other indicators: supersignal v3, trendenvelope

ma candles, support and resistance ( ma pivots and ###auto pivots)

2nd window execute linesw.

friday would have been an easy day for trading.

heres why.

theory: in a downtrend the topband acts as resistance, in an uptrend the bottom bands act as support. understand u are trading and 1hr trend within a 4hr trend.

in an uptrend buy at bottom of band

in downtrend sell at top of band.

the supersignals tells u there maybe a potential change in trend.

 

in a downtrend the highs will come close to the top band it may also in some cases exceed it by a little. other times it will fall short of the top band. vice versa for uptrend.

the attach file contains all the indicators and templates for 1h and 4h

paste all the indicators to expert/indicators and template to template

restart your your metatrader platform apply 1hf template to ej 1 hr chart and 4hf to 4hr chart.

[liamsi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

how do trade a sideways market?

see attached chart.

 

days like wednesday and thursday the market traded sideways. so how do u trade it.

u trade the higher time frame the 4hr bands.

even though the market went sideways the trend was still down indicated by its failure to

break and stay above the 4hr bands

[pygmalion]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

i really liked some of the comments here so i thought i'll add some of my "pearls of wisdom" ... lol ....

 

i do myself subscribe to the concept of "dreaming". if you can't dream it, you'll never be able to build it. i could really get angry when people make fun of "dreamers".

 

a couple of things which i learned along the way (not that i'm saying i'm at the end of the way......):

- most people only want to be rich, but not become rich

- this is more of a journey then a destination

- its more like a marathon, not a sprint

- always expect the unexpected

- since the majority of people in this business lose, you need to do something most people don't

 

Especially on forums, but also true elsewhere, you find that this business is likely to amplify the best and worst in people.

 

:P

[yeni]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

i did nt real whole thread :mrgreen:

with how much money? i wanna be a millionaire with the begining deposit just $50 :geek: :geek: it may take thousands of years :hammer: :hammer:

[edw123]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

If anyone/any trader could set his/her mindset not to be greed, fear, emotional and impatience, I think what master liamsi mentioned should be a realistic approach to be forex millionaire.... 8-)

 

As master William also said: "nothing is impossible, provided ......" :D :D :D

[z4wil]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

If anyone/any trader could set his/her mindset not to be greed, fear, emotional and impatience, I think what master liamsi mentioned should be a realistic approach to be forex millionaire.... 8-)

 

As master William also said: "nothing is impossible, provided ......" :D :D :D

 

Yes, i agree with you buddy.... :arrow:

 

 

Here, nice e-book about "play by the number to make a million"....http://www.forexfactory.com/images/smilies/yim/big_grin.gif

 

http://www.indo-investasi.com/viewtopic.php?f=10&t=1500

[izo2cool]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

I'm fontana.....i love trade. i dont like ea....i prefer use manual trade

 

maybe this can help everybody to get freedom and become a millionaire

 

find out this indi.....it can help u anything u want

 

 

:idea:

 

 

 

 

 

 

 

Fontana Banjarmasin Trader

[William1713006271]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

I'm fontana.....i love trade. i dont like ea....i prefer use manual trade

 

maybe this can help everybody to get freedom and become a millionaire

 

find out this indi.....it can help u anything u want

Can you share the indicators?

 

Regards,

[chocobi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

the answer lies in finding the right expert advisor or method that can do this.

if you can double in one month than just use the same method in the next month and so on.

all you have to do is use same method and double lot size.

Thus far there are 2 ea's that can do it

1) Fabturbo

2) Piptronic

Now this could very well change in the coming months and not perform as well.

 

TOO answer your questions as of now and on forward testing these two ea's fit the criteria. not only are they being forward tested but also being used live and making money.tomorrow it could very well change. On the manual and systematic side if you have a high probability setup that occurs daily why not.

how are you making your 2% or 5% daily .

add your 2% and 5% daily how close are you 100% per month.

 

stop being negative and say it cannot be done. how many times have you heard someone say i doubled my small account in a few days. discipline, patience with proper money management and the right setup are the keys.

 

dont do yourself down and limit your thinking. think and say what if were possible how can it be done. if you feel it cannot be done then keep it to yourself don't shoot some else down for trying. for u never know they may just succeed and not share the secret with you.

 

 

I agree with that, I think make a double is not impossible....

[liamsi]

Re: HOW TO BECOME A MILLIONAIRE IN LESS THAN 2 YEARS.

 

"Sorry, the board attachment quota has been reached"

as a result i cannot post any charts or indicators

but here is a method i developed

start with 4hour chart

apply lwma 2 high, low and h+l/2

in an uptrend buy at low band exit at top band.

in a downtrend sell at high band exit at bottom band.

understand the ma's are dynamic they move with price.

add lwma envelope 2 period low 1.0 and same for high

after setting up the chart how many tops and bottoms have you picked?

 

i use it on euryen and works very well.

start with 4hr chart identify buy points and sell points.

two of these trades a week are all u need.

 

try using Turbo_JRSX2 indicator (2) to keep u in trend.

[CW2]

Hi All,

This thread is dead? Liamsi how is going your plans?

[chrisbenjy]

Intriguing but very very very possible.

What if u started with $100 and doubled your money every month.

0 100

1 200 end of 1 month

2 400

3 800

4 1,600

5 3,200

6 6,400

7 12,800

8 25,600

9 51,200

10 102,400

11 204,800

12 409,600

13 819,200

14 1,638,400 end of 14 months

not even 2 years.

 

Yes that's impressive, but whats more impressive is the 14 months after that.

 

Using geometric series formula Sn = ar^(n-1) where a is the starting value, r is the common ratio (increase each month, so its 2, i.e. it doubles) and n is the number of months, but since the value is taken at the end of the month, (n+1) is the number of months.

 

(100)(2)^28 = 26,843,545,600

 

so nearly 27 billion in 28 months is not bad at all.

 

This is not very likely, but the message of my post is:

 

The more money you have the more money you make. So the early months or years it will seem like your are not making much, but as your account grows, profits will get bigger, providing you are consistently profitable.

[tmalone]

Q: How can you become a millionaire in less than 2 years??

 

A: Start trading with $2 Million ....... :)

[conglo]

Finally! Someone else gets it !!

 

95% of all traders lose enough to stop trading within a year.

95% of all traders believe the same things. You already know most of them.

 

Maybe the 5% of winning traders are not doing what the majority does.

 

Consider whether the sacrosanct "trading tenets" really are.

 

Example: "The trend is your friend." Really?

Markets do NOT trend the majority of the time. If they did, everyone would be rich trading a simple moving average system.

Most of us know this. Yet we insist on trading with the trend. The facts are against us, yet we persist.

MOST of the time you will profit from a COUNTERTREND strategy.

In this case, the trend is NOT your friend because it will kill you when it appears.

 

It's all relative, there are no absolutes in this racket.

 

Think outside the box and maybe you'll get somewhere.

 

Will you dare to question the majority? How well is the majority doing?

 

 

Q: How can you become a millionaire in less than 2 years??

 

A: Start trading with $2 Million ....... :)

Edited January 4, 2011 by conglo

[arvinblaine]

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