College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the Reception category; Originally Posted by lumbco Starting funds on Monday 13th June £391 ACCOUNT BALANCE JUNE 2011 13th £391 = $642 17th ...

View Poll Results: How close to my goal of $2,000,000 do you think I will get?
You think I will blow the account and my $100 will be lost. 79 58.52%
You think I will somewhat earn a profit $200-$1,500. 17 12.59%
You think I will get a pretty good return but not close to $2,000,000. 27 20.00%
You think I will get way more then $2,000,000. 12 8.89%
Voters: 135. You may not vote on this poll

Reply
 
LinkBack Thread Tools Search this Thread
Old Aug 2, 2011, 4:04am   #113
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
Quote:
Originally Posted by lumbco View Post
Starting funds on Monday 13th June £391

ACCOUNT BALANCE JUNE 2011
13th £391 = $642
17th £428 = $688
24th £443 = $707


ACCOUNT BALANCE JULY 2011
1st £458 = $733
8th £487 = $777
16th £492 = $793 Trade still open over the weekend
22nd £510 = $825
29th £498 = $811 Closed manually to avoid open trade over weekend
Hey Lumbco,
Too bad you closed out early Friday. You may have got 25 pips. The market shot up like a rock before market close. Live and learn, right?
tkbieber is offline   Reply With Quote
Old Aug 2, 2011, 4:10am   #114
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Ok, I just got back from a nice but tiring vacation.
I'm now able to calculate July's totals.

Account Results:

Last week: +7.8%
July total gain: +65.6%

Total gain: +121%

tkbieber is offline   Reply With Quote
Old Aug 2, 2011, 1:41pm   #115
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Monday there was no trade.

Today there was a trade and it currently is open. Thus, the waiting game has started.
tkbieber is offline   Reply With Quote
Old Aug 3, 2011, 12:56pm   #116
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Tuesday's trade closed for +25 pips and now another trade opened and currently is -124 pips. The waiting game continues.
tkbieber is offline   Reply With Quote
Old Aug 3, 2011, 1:54pm   #117
 
Hotch's Avatar
Joined Jul 2008
Re: College Fund Challenge

Of course, if your stop gets hit, your expectancy is still positive, but your P&L won't be.
__________________
I'm just the guy that never tried, I'm just the stupid **** with brilliant luck and sometimes a bright idea.
Hotch is offline   Reply With Quote
Old Aug 3, 2011, 2:19pm   #118
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
Quote:
Originally Posted by Hotch View Post
Of course, if your stop gets hit, your expectancy is still positive, but your P&L won't be.
Actually, that's not correct because I'll still be in profit so will still be positive overall.
tkbieber is offline   Reply With Quote
Old Aug 3, 2011, 2:41pm   #119
 
Hotch's Avatar
Joined Jul 2008
Re: College Fund Challenge

Currenty price: 1.639
Currently down $170.8, 122 pips
Stop is at 1.6518, another 128 pips
Sounds to me like $350 at risk.
P/L so far: $302

?
__________________
I'm just the guy that never tried, I'm just the stupid **** with brilliant luck and sometimes a bright idea.
Hotch is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Colleged Fund Challenge tkbieber Trading Journals 20 Jun 6, 2011 8:01pm
Brokers for college students... johanesw Brokerages 14 Sep 30, 2009 5:00pm
college graduate.... k1ng87 General Trading Chat 4 Jul 27, 2009 10:55am
College May Become Unaffordable for Most godoftrading General Trading Chat 0 Dec 4, 2008 3:09pm
Looking for Online College reviews jasonweber General Trading Chat 0 Sep 11, 2008 8:18am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)