College Fund Challenge

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.

    Votes: 78 58.2%

  • You think I will somewhat earn a profit $200-$1,500.

    Votes: 17 12.7%

  • You think I will get a pretty good return but not close to $2,000,000.

    Votes: 27 20.1%

  • You think I will get way more then $2,000,000.

    Votes: 12 9.0%
  • Total voters
    134
  • Poll closed .
No trade for me last night. Trade is still open from the 13th.

At this point I'm going to call this week a +7.82% gain for the week. It still could close today if we get r up about 70 pips. We shall see. :)
 
Hmmm so the long running long trade is still at 1.5800 after 8 hours! Question is do I leave it open over the weekend and risk negative slippage? Or do I hedge it with a short trade? Or do I cut my losses and close it? Decisions decisions.
 
mjj said:
Hmmm so the long running long trade is still at 1.5800 after 8 hours! Question is do I leave it open over the weekend and risk negative slippage? Or do I hedge it with a short trade? Or do I cut my losses and close it? Decisions decisions.
Click to expand...

My rules are not effected by weekends or holidays. All go for open trade to next week. :sleep:
 
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
27th £610 = $991

ACCOUNT BALANCE SEPTEMBER 2011
2nd £629 = $1,019
16th £653 = $1,030 There is however a drawdown this weekend of £63
 
tkbieber said:
No trade for me last night. Trade is still open from the 13th.

At this point I'm going to call this week a +7.82% gain for the week. It still could close today if we get r up about 70 pips. We shall see. :)
Click to expand...

I went to the link in your post. Why have you locked your Open Trades on that chart (n)
Why not let us see any Open Trades that may be in loss ?
 
shewolf said:
I went to the link in your post. Why have you locked your Open Trades on that chart (n)
Why not let us see any Open Trades that may be in loss ?
Click to expand...

I sent you a pm.

Looks like we are off to a rough week. The Cable has hit a several month low. I've read conflicting reviews as to weather the "professionals" think the GBP will continue to fall or has it hit the 1.57060 support line and will retrace.

We will see. :cry:
 
Managed to scrape 3 pips on the short hedge today. The long running long trade now hovering at 1.5700 :eek:
 
I forgot to include the $2M account.

The story with that is, on the 13th it didn't take a buy. So after it went down about 60 or 70 pips, I made a manual buy. Therefore, the EA did make a buy last night for +29 pips. :clap:

Up 16.53% for the month.
 
tkbieber said:
But the returns are.

There was a possible set up for a buy but no trade today because there is still the open buy trade from the 13th, currently -140. :rolleyes:

It could be worse. I'll see what tomorrow brings. :)
Click to expand...

Look, someone who doesn't understand Sharpe ratio or what makes a good trading strategy.
 
Going to be a news packed day today. Bank of England rate minutes at 0830 GMT followed by the Feds big press conference during the US session. One way or the other I reckon we are going to see some big moves in the long trade from the 13th.
 
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