College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the Reception category; Has anyone actually signed on to your fund since you had your first big loser, how about the second?...

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 2, 2011, 8:32pm   #431
 
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Re: College Fund Challenge

Has anyone actually signed on to your fund since you had your first big loser, how about the second?
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Old Nov 3, 2011, 7:06pm   #432
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Re: College Fund Challenge

tkbieber started this thread Well, out of two trades that opened today, one closed with +15 pips and +4.9%. The other trade is still open.
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Old Nov 4, 2011, 5:00pm   #433
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Re: College Fund Challenge

tkbieber started this thread Two more trades opened last night so it's just a waiting game.

Up: +11.14% for the month.
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Old Nov 5, 2011, 9:54pm   #434
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Re: College Fund Challenge

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Old Nov 7, 2011, 11:47pm   #435
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Re: College Fund Challenge

tkbieber started this thread Made another +2.7% today.

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Old Nov 8, 2011, 1:19pm   #436
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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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Old Nov 8, 2011, 11:57pm   #439
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Re: College Fund Challenge

tkbieber started this thread
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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