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.

Exactly, that's why it's a good thing I have a stop-loss in place.

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.

Account 1 still has open trade but now down about -35 pips.

Account 2 up +5.9% for the week.

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.

That $49 loss is pretty huge in comparison to the profits you've been making (albeit consistently). A little worrying to lose 10% of your account on one trade.

That was old settings and as you can see with the new settings, it hasn't had a loss in 11 months.

Starting with $100, there isn't much to lose anyway. So,,,, if the account went from $100 to $10,000 and dropped even 60%, you would still have $4,000 and $3,900 more then you had to begin with. All a matter of perspective.

We also have documented proof your account went so deep into the red that you have to use significant amount of additional margin money.. So this challenge should be changed to: make 2 million from $100 using additional $2 million as back up margin money..

Anyway I have seen what I needed to see and voted on your poll. Hold until profit shows works a lot of the time. On the one time it stops working, it will wipe you out.

It would be interesting to see how people following you will do in this. I know you have a lot of faith in your system. But I wonder if others are as willing to go down with the ship with you, or even if they have additional money in reserve to put up as margin.