College Fund Challenge

[tkbieber]

Well, today was a crazy day. I'm running this system on several accounts but I just report on the main two that I publicly display.
Account 1 did make 1 pip. :clap:
Account 2 didn't trade.

Another account got a big 0.

I have another account with a different broker that did make 25 pips.

The indicators were just too close to the zero line so made it too difficult for the system to make the trade. When it's this close, many times you will get different results even from the same broker and definitely from different brokers.

This again, has happened before and has nothing to do with world conditions or anything like that. It's just the nature of the beast.

 

[joke]

Well, today was a crazy day. I'm running this system on several accounts but I just report on the main two that I publicly display.
Account 1 did make 1 pip. :clap:
Account 2 didn't trade.

Another account got a big 0.

I have another account with a different broker that did make 25 pips.

The indicators were just too close to the zero line so made it too difficult for the system to make the trade. When it's this close, many times you will get different results even from the same broker and definitely from different brokers.

This again, has happened before and has nothing to do with world conditions or anything like that. It's just the nature of the beast.

Yes you are right..On my FMT account, I also did not get a trade, and others did..Nature of the best

 

[tkbieber]

Alas, the drought is over.

Account 1: +25 pips :clap:
Account 2: +25 pips :clap:

 

[joke]

Alas, the drought is over.

Account 1: +25 pips :clap:
Account 2: +25 pips :clap:

Yes sir!! 25 pips

 

[tkbieber]

+1 pip today. Not the big trade but I'll take it. :clap:

 

[joke]

+1 pip today. Not the big trade but I'll take it. :clap:

Yes I did make 1 pip today !!!

 

[lumbco]

Starting funds on Monday 13th June £391

ACCOUNT BALANCE JUNE 2011
13th £391 = $642
17th £428 = $688
24th £443 = $707

ACCOUNT BALANCE JULY 2011
1st £458 = $733
8th £487 = $777
16th £492 = $793 Trade still open over the weekend
22nd £510 = $825
29th £498 = $811 Closed manually to avoid open trade over weekend

ACCOUNT BALANCE AUGUST 2011
5th £514 = $839
12th £514 = $839
19th £543 = $896

 

[tkbieber]

No trade last night.

This week total: +7.4%

This month total so far: +15.8% :clap:

15% is nice but it's a slow month for me. Well, there is two more weeks of trading yet so there's still plenty of time for gains yet.

 

[joke]

Starting funds on Monday 13th June £391

ACCOUNT BALANCE JUNE 2011
13th £391 = $642
17th £428 = $688
24th £443 = $707

ACCOUNT BALANCE JULY 2011
1st £458 = $733
8th £487 = $777
16th £492 = $793 Trade still open over the weekend
22nd £510 = $825
29th £498 = $811 Closed manually to avoid open trade over weekend

ACCOUNT BALANCE AUGUST 2011
5th £514 = $839
12th £514 = $839
19th £543 = $896

no trade for me today..FXDD..live..no losses which is good nice to see your progress Lumbco

 

[joke]

No trade last night.

This week total: +7.4%

This month total so far: +15.8% :clap:

15% is nice but it's a slow month for me. Well, there is two more weeks of trading yet so there's still plenty of time for gains yet.

This might be a slow month for you, but boy would investors like to get that return monthly(15.8%) , never mind in a half the month!!

 

[Hotch]

This might be a slow month for you, but boy would investors like to get that return monthly(15.8%) , never mind in a half the month!!

Not with the drawdown they wouldn't!

 

[tkbieber]

Not with the drawdown they wouldn't!

Yeah, most "big" investors like to start with $2M so they would only risk maybe 3-5% per trade. I started with $100 so I am risking 60% per trade, not much to lose. Once it get's to $2M, I'll reduce the risk as well and even if I risk 5% per trade, on $2M, that would be around $100,000 a month (5% gain average a month). I can handle that.

 

[lumbco]

no trade for me today..FXDD..live..no losses which is good nice to see your progress Lumbco

Slow - but I'm getting closer to the first $1,000 :cheers:

 

[Hotch]

Yeah, most "big" investors like to start with $2M so they would only risk maybe 3-5% per trade. I started with $100 so I am risking 60% per trade, not much to lose. Once it get's to $2M, I'll reduce the risk as well and even if I risk 5% per trade, on $2M, that would be around $100,000 a month (5% gain average a month). I can handle that.

Wait what? You're making 1R a month?

 

[tkbieber]

Wait what? You're making 1R a month?

As you can see, I went from $100 to $564.60 since May so no, not 100 grand a month yet. I'm saying though, when the account does reach $2 Mill, I will drop the risk down quit a bit so as to only average $100,000 a month profit.

 

[Hotch]

I meant 1R as in 1 times your risk. If you're risking 5% a trade and make 5% a month that's 1R a month in my book. That right? Sorry, should of explained.

 

[tkbieber]

Ok, well I'm off to a good start this week by at least opening a trade. If you have been reading the last few comments, the last couple of weeks have been slow. Two weeks ago there was no trades. Last week as least there was a little action.

It didn't close as quickly as preferred but I do have a trade is open. :cheers: Cheers to a good week.

 

[joke]

Ok, well I'm off to a good start this week by at least opening a trade. If you have been reading the last few comments, the last couple of weeks have been slow. Two weeks ago there was no trades. Last week as least there was a little action.

It didn't close as quickly as preferred but I do have a trade is open. :cheers: Cheers to a good week.

Yes the trade did not go as quickly as wanted, but still open and going south!:whistling

 

[tkbieber]

Ok, I've been gone all day and just got back to a closed out trade. :clap:

Account 2: +25 pips :clap:

 

[joke]

Ok, I've been gone all day and just got back to a closed out trade. :clap:

Account 2: +25 pips :clap:

yes another 25 pips,took a while..but worth the wait!!:clap: