College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the Reception category; Yes well sounds too good to be true and all that on the enclosed. A nice bit of advertising too. ...

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 11, 2011, 1:52pm   #31
 
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Re: College Fund Challenge

Yes well sounds too good to be true and all that on the enclosed. A nice bit of advertising too. We shall see
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Old Jun 11, 2011, 2:10pm   #32
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Re: College Fund Challenge

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Originally Posted by Pat494 View Post
Yes well sounds too good to be true and all that on the enclosed. A nice bit of advertising too. We shall see
Well, thanks for saving me reading the whole thread. I think your skepticism is well founded. Psychology forms a large part of anything I analyses. Based on this advertisement, I would have to say I am extremely skeptical of the OP's claims.

I'd still like to see the trade signals in real time before coming to my final conclusion. But it doesn't look good. If a person is capable of making 2 million, I don't see his need for earning the broker's small referral fee.

I await the OP's real time signal post before voting for account blowing up on the poll.
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Old Jun 11, 2011, 2:16pm   #33
 
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Re: College Fund Challenge

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Originally Posted by Pat494 View Post
Yes well sounds too good to be true and all that on the enclosed. A nice bit of advertising too. We shall see
just unsubscribed
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Old Jun 11, 2011, 3:40pm   #34
 
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Re: College Fund Challenge

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Originally Posted by BeginnerJoe View Post
Well, thanks for saving me reading the whole thread. I think your skepticism is well founded. Psychology forms a large part of anything I analyses. Based on this advertisement, I would have to say I am extremely skeptical of the OP's claims.

I'd still like to see the trade signals in real time before coming to my final conclusion. But it doesn't look good. If a person is capable of making 2 million, I don't see his need for earning the broker's small referral fee.

I await the OP's real time signal post before voting for account blowing up on the poll.
I am willing to give the OP a fair chance with his really ambitious project and should he get to $1,000 fairly soon then give it serious consideration !
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Old Jun 11, 2011, 9:01pm   #35
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
Quote:
Originally Posted by BeginnerJoe View Post
Well, thanks for saving me reading the whole thread. I think your skepticism is well founded. Psychology forms a large part of anything I analyses. Based on this advertisement, I would have to say I am extremely skeptical of the OP's claims.

I'd still like to see the trade signals in real time before coming to my final conclusion. But it doesn't look good. If a person is capable of making 2 million, I don't see his need for earning the broker's small referral fee.

I await the OP's real time signal post before voting for account blowing up on the poll.
You may see the trades open live if you are up at 1:00 A.M Eastern. The trades usually open and close before I get up in the morning.
No, I don't do any advertising. It's all word of mouth and I just want to help others who are struggling in the Forex Market. I know I struggled the first 2 years of trading and wished I had someone who paved the way.

The challenge to reach $2M is really a challenge to myself and anyone who want to spectate is welcome. Some friends and family actually want to join me so they are in the same goal as I am. I can't predict the future so the suspense and speculation is that much more exciting.
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Old Jun 11, 2011, 9:18pm   #36
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by BeginnerJoe View Post
If you're that confident of your system, then you should increase the stakes. Why settle for only 2 million ?

I have no idea what meta trader is or if your links are just jpegs. So are you saying I could use your signals in real time to trade too ? If that's the case, I wouldn't mind putting down a small amount of money for some punts.
Meta trader is the platform (software) that the majority brokers offer for traders to use for trading. Well, there are signal methods but you would need to PM me because I don't want to sound like there is advertising involved.
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Old Jun 13, 2011, 9:41am   #37
 
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Re: College Fund Challenge

I am subscribing to this thread TK, it's going well. Good luck.

I'll let you know when I go live with HF and then will join you in your goal.
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Old Jun 13, 2011, 6:44pm   #38
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Well this weekend has been interesting with Account 2.

As you know, I began with $100 and in 30 days now have it up to $170.60. Well, apparently IntelFX servers were hacked and my account history got screwed up. They have been working on fixing everyone's account but all my history except for recent now does not show up.

They apologized and added $50 to the account. This messes up 1 months of history now. It did have a 1 pip gain last night.

For the record, account 1 now officially started with $150. It had $170.60 and now the $50 that they just added for a total of $221.10 with the trade from last night.

Account 1 still has a trade open for those who needed proof that this is not some "photoshop jpg" No, it's the real world trade and currently -86 pips.

I'll keep you posted on how it goes.
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Old Jun 14, 2011, 12:31am   #39
Joined Jun 2011
Re: College Fund Challenge

Your trading strategy uses an extremely loose or no stop loss at all. This will kill you sooner or later.
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Old Jun 14, 2011, 1:20pm   #40
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by BeginnerJoe View Post
Your trading strategy uses an extremely loose or no stop loss at all. This will kill you sooner or later.
In the last 11 months, there has been zero loses. All I can go on is that. Even if there are 2 loses a year, it still would not "kill" the account. And yes, there is a stop-loss and a definite method to the seemingly madness.

No new trade on account 1 and 2.

Account 1 is still open. As anticipated, it will be open for awhile yet. It's normal as I have seen a trade open for 2 weeks before. I just have to role with the punches the market deals.
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Old Jun 14, 2011, 3:01pm   #41
Joined Jun 2011
Re: College Fund Challenge

If holding on to a position until it shows a profit works, everyone would be doing it. I wish you and your followers luck.
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Old Jun 14, 2011, 6:34pm   #42
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by BeginnerJoe View Post
If holding on to a position until it shows a profit works, everyone would be doing it. I wish you and your followers luck.
Exactly, that's why it's a good thing I have a stop-loss in place.
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Old Jun 14, 2011, 7:05pm   #43
Joined Jun 2011
Re: College Fund Challenge

Having followed your open trade closely, I estimate your stop loos is at least 50% of your account balance. With a stop like that, you are playing with fire and risk getting your account burnt down.
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Old Jun 15, 2011, 12:14pm   #44
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Account 1 still has open trade but now down about -35 pips.

Account 2 up +5.9% for the week.
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Old Jun 15, 2011, 5:45pm   #45
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread Ok Account 1 trade from Sunday night has now closed for +25 pips and a gain for +6.3% for the week.

Account 2 up +5.9% for the week.

Beginner Joe, now you have documented proof that a trade opened, was open long enough for you to see and close in profit. No photoshoping here.
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