College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the Reception category; No new trade today and there are still two open trades. The market is stuck on a sideways action. Until ...

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 Nov 8, 2011, 1:19pm   #436
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread No new trade today and there are still two open trades. The market is stuck on a sideways action. Until it stops consolidating and decides where to go, nothing is going to happen.
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Old Nov 8, 2011, 9:21pm   #437
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Re: College Fund Challenge

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Ok, well finally the market moved. One trade closed out for +1.3%

The other trade closed out for a loss of -14.8%.
Now, to test my system to see if it will recover soon.
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Old Nov 8, 2011, 9:53pm   #438
 
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Re: College Fund Challenge

Has it ever recovered?
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I'm just the guy that never tried, I'm just the stupid **** with brilliant luck and sometimes a bright idea.
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Old Nov 8, 2011, 11:57pm   #439
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Re: College Fund Challenge

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Quote:
Originally Posted by Hotch View Post
Has it ever recovered?
For as far back as I could test (15 months), it has recovered. What it hasn't had yet was two losses in a row. I know that one day, it will probably have two losses in a row. Therefore, I know it is escentual to risk even much less than 15% per trade.

Last edited by tkbieber; Nov 9, 2011 at 1:43pm.
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Old Nov 9, 2011, 1:40pm   #440
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Re: College Fund Challenge

tkbieber started this thread Yeah!! The loss recovered nicely and I'm back to +14.8% for the month.

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Old Nov 10, 2011, 3:12pm   #441
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Re: College Fund Challenge

tkbieber started this thread More good trades today.

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Old Nov 11, 2011, 4:46pm   #442
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Re: College Fund Challenge

tkbieber started this thread The week is over and had a nice few trades last night so the gain for the month so far is: +31.7% well exceeding my goal of 15%.

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Old Nov 14, 2011, 1:52pm   #443
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Re: College Fund Challenge

tkbieber started this thread I had one good trade today on the USDJPY for 1.3%.

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Old Nov 15, 2011, 2:11pm   #444
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Re: College Fund Challenge

tkbieber started this thread Three good trades were made last night.

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Old Nov 16, 2011, 12:11am   #445
 
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Re: College Fund Challenge

See? I told you I had a good feeling this time round! Time to order the sunseeker methinks. Out of interest...in your statements why does it no longer show the size of your trades in the history?
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Old Nov 16, 2011, 2:46pm   #446
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Re: College Fund Challenge

tkbieber started this thread Ok, three trades opened and one closed for +15 pips. The rest I'll have to wait for awhile.

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Old Nov 17, 2011, 1:54pm   #447
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Re: College Fund Challenge

tkbieber started this thread I had two trades close in profit yesterday and another one opened and closed today.

This month is looking good with: +42.6%

It's about 27% over my goal for the month so I'm happy.

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Old Nov 18, 2011, 2:03pm   #448
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Re: College Fund Challenge

tkbieber started this thread Well, the trade closed so it bumped my gain for this month to: +43.7%

Two more trades opened so I'll have to wait on those results.

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Old Nov 22, 2011, 2:06pm   #449
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Re: College Fund Challenge

tkbieber started this thread I'm a little busy with the holidays happening this week but I'll try to keep this updated.

Several more trades open and closed Monday and today. I have greatly reduced the risk for the rest of this month because the account is up 49% for the month, just a bit past 15% which is my goal. I'm only risking 5% per trade now for the rest of the month instead of 15%.

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Old Nov 24, 2011, 2:04pm   #450
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Re: College Fund Challenge

tkbieber started this thread Not too much action so far on the cable. The market is choppy at the moment. I managed to squeeze out two pips on a trade. Another trade is still awaiting 40 pips.

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