MM Spreadsheet $100 to $160,000

[global]

Hi all,

 

There is a Forex Money Management spreadsheet I remember seeing in the past that showed clearly how easy it is to turn $100 to $160,000 in a year with compounding but I can't find that spreadsheet online anywhere. Maybe I saw it through googledocs after doing a search but it's nowhere to be found now. If anyone has this spreadsheet could you please share it here or send me a PM. Thanks.

[hermes]

Before compounding you have to make some money with trading. Compounding is easy but trading is tough. 95% of traders know it what I am speaking about.

Hermes

[soundfx]

There are a few similar spreadsheets kicking around. The problem is that they all assume 100% consistency. If you dabble with these spreadsheets and add in losing trades, the compounding effect is reduced significantly particularly with runs of losses.

 

Here's one which comes up with some crazy numbers which may be similar to what you're looking for:

 

http://www.4shared.com/get/DSWk3INL/tradingprojections_2.html

[freddy]

Not very complicated to make the spreadsheet, by yourself.

 

But to get consistent trading is something else, lol!

 

Here you are:

 

http://www.multiupload.com/617KERBFFI

Edited May 15, 2011 by freddy
spelling

[global]

Thank you very much for those spreadsheets. They are nice but the one I was referring to had editable fields with not only the starting amount but also the type of account (micro, mini, standard, etc), broker leverage, margin required, risk percentage, stop loss, etc, and it suggested an incremental number of lots traded as the account grew. It also included a percentage withdrawn as the account grew so you can know how much you can pay yourself if you so desired. It was very comprehensive and gave a clear view for a new forex trader to see how this can be practically done even starting with a micro account or even with $100.

 

Soundfx, I know that the tradingprojections spreadsheet shows the APPROX. TRADE AMOUNT of 38.20 and that can be converted to lots traded but it would have been nice to have all of that built in as I mentioned above. Thanks for the files you sent as they are very helpful.

Edited May 15, 2011 by global

[soundfx]

global,

 

Here are 3 more which may be better...

 

http://www.multiupload.com/0NYFGFSJEJ

[global]

Thank you very much soundfx.

[Lost Marble]

Consistent Pips is the key.

[alansim]

It all boils down to the word = GREED !

 

So don't be greedy :D

[kaze]

thank you very much!

[global]

Thanks for the advice.

[conglo]

Horse goes before cart

 

 

 

-ancient wisdom I just made up