College Fund Challenge

This is a discussion on College Fund Challenge within the Trading Journals forums, part of the Reception category; Originally Posted by Masquerade Do you not update when you have open positions in loss or something? Or are you ...

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 Oct 26, 2011, 9:32pm   #421
Joined Sep 2010
Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by Masquerade View Post
Do you not update when you have open positions in loss or something? Or are you picking which megayachts to buy?
I update when I update and no use reporting no news. But, if you must know, a trade is open and waiting for it's end. No real new's there, go figure.

If you want the play-by play action, game opened with a grand +1 pip, then dropped to -67.6 pips before returning for the rebound of -3.9 pips. Then, lady's and gentlemen, later in the day the interception happened down the 30 yard line taken by pip number -149. Now the defense has a great comeback with only 29 minutes left in the session. Down by only 74 points, will she drive it to the n-zone to make history? Drum role please!
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Old Oct 26, 2011, 11:41pm   #422
 
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Re: College Fund Challenge

So as you like to report in %, what does -67.6 and -149 pips equate to and what does -74 mean?
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Old Oct 27, 2011, 12:53am   #423
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Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by Masquerade View Post
So as you like to report in %, what does -67.6 and -149 pips equate to and what does -74 mean?
I would need to calculate it but the SL would be -15% so I'm thinking -149 pips is around -8% and -67 and -74 is somewhere under that. It's much easier once the trade is finished. You just look at the history page and see what the % gain or loss is for the trade. You can also look at the equity as well. Currently the equity is 95.04%. Just take 100% minus 95.04% and you see what the current trade in percent is. Myfxbook gives you a lot of info.
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Old Oct 27, 2011, 1:06am   #424
 
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Re: College Fund Challenge

Oh, that's not too bad then because previously you took a loss of a few hundred points and pretty much blew away most of the account. It's a shame (although it works out better for you) that open trades are private.
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Old Oct 27, 2011, 3:06am   #425
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Re: College Fund Challenge

tkbieber started this thread
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Originally Posted by Masquerade View Post
Oh, that's not too bad then because previously you took a loss of a few hundred points and pretty much blew away most of the account. It's a shame (although it works out better for you) that open trades are private.
Yes, max risk per trade is 15%. Current open trade -8 pips. Looks like it will hang around a bit yet.
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Old Oct 27, 2011, 3:02pm   #426
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Re: College Fund Challenge

tkbieber started this thread Well, that was an exciting ride. +40 pips accomplished with +2.5%.
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Old Oct 31, 2011, 11:33pm   #427
 
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Re: College Fund Challenge

No update?
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