College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the New Traders category; Originally Posted by Shikamaroo where's the poll for how long it takes to the blow out? Thanks for the support ...

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

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Old Jun 1, 2011, 9:50am   #9
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Originally Posted by Shikamaroo View Post
where's the poll for how long it takes to the blow out?
Thanks for the support and encouragement.
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Old Jun 2, 2011, 7:30am   #10
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tkbieber started this thread Finally, there was a trade for account 2 this week.

Account 1= For the week -- No trades
Account 2= For the week +5.7%

Account 1 should have had the same trade but for some reason it didn't. I checked the journal but not sure if there was a disconnect around that time or not. Quite frustrating but that's live trading for you. I'm sure if on a demo, it would have traded.
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Old Jun 3, 2011, 8:39am   #11
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tkbieber started this thread Ok, I have the totals for the month of May for the two live running accounts.

Account 1: No trade this week but there was a gain of +22% for the month so it is now down only -9.8%.

Account 2: There was one trade this week for +5.7% and the total for May was +32.7%.
Grand total= +40.2%

This week was a rather slow week. Account 1 made no trades even though it should have made at least one. I am not sure why the account didn't trigger a trade but that's how it goes sometimes. Account 2 did make a trade so at the moment, account 2 is ahead and doing nicely.


Have a great weekend!

Regards, Travis
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Old Jun 5, 2011, 4:50am   #12
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Originally Posted by tkbieber View Post
Can't predict the future but 11 months of ZERO loss gets me pretty confident there won't be more than a possible 1 loss a year.
You already have more than one loss for the year, and the loss rate is higher than you anticipated. What is your evaluation of that ? Poor luck, bad market ?
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Old Jun 5, 2011, 8:22am   #13
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You already have more than one loss for the year, and the loss rate is higher than you anticipated. What is your evaluation of that ? Poor luck, bad market ?
Zero loss so far and up 40% in less than 30 days. Not sure where you get this. Oh, if you are talking about account 1, those were different settings and have since changed the settings to where account 2 settings are. We will see in 2 years. That's why it's called a "challenge".
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Old Jun 5, 2011, 9:32am   #14
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If you can keep your system working 400 days you will got it!!!
Oh your goal is 2,000,000 it need 480 days.
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Old Jun 6, 2011, 12:13pm   #15
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tkbieber started this thread Today the system did make a trade but for only 1 pip.
Hey, I'll take it. The market quickly moved down so better something than negative.

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Old Jun 7, 2011, 1:06pm   #16
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Posting to keep this thread on my radar. Out of curiosity, are you still in college?
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