Tims £500 Marathon. Goal £1mill

TimTheTrader

Junior member
Messages
12
Likes
0
I have another journal here on forexfactory http://www.forexfactory.com/showthread.php?t=524945 so I decided to have another one here.

I have studied FOREX for seven months and I began my second attempt of trading at the beginning of February 2015 and so far I have made good gains with consistent profit for this month (nearly 60% monthly gain) and will continue to do so.

Myfxbook: http://www.myfxbook.com/members/timthetrader1/timthetrader/1168385

I withdrew some money to test my brokers withdrawal process, so I dont have the profits I made showing on my balance. I plan to add it back to my account and add a bit more to speed up the process of reaching my goal once the withdrawal process is successful.

My goal is to turn £500 to £1mill. I will reach my goal regardless.

I am not your friend, I do not have your best interest at heart, I don't owe you anything and I will not tell you my strategy.

Haters you are welcome to my thread.
 
Hi Tim

I wish you all the best and Good Luck.

You will need it with only 7 months behind you - maybe with 7 years of study behind you - then you would have the experience to know all what's ahead in a long journey.

Please dont give up after a year or two - stay with and all the very best

Regards


F
 
I have another journal here on forexfactory http://www.forexfactory.com/showthread.php?t=524945 so I decided to have another one here.

I have studied FOREX for seven months and I began my second attempt of trading at the beginning of February 2015 and so far I have made good gains with consistent profit for this month (nearly 60% monthly gain) and will continue to do so.

Myfxbook: http://www.myfxbook.com/members/timthetrader1/timthetrader/1168385

I withdrew some money to test my brokers withdrawal process, so I dont have the profits I made showing on my balance. I plan to add it back to my account and add a bit more to speed up the process of reaching my goal once the withdrawal process is successful.

My goal is to turn £500 to £1mill. I will reach my goal regardless.

I am not your friend, I do not have your best interest at heart, I don't owe you anything and I will not tell you my strategy.

Haters you are welcome to my thread.


Yep good luck there Tim - The market will help you to moderate any arrogance !
 
Hi Tim

I wish you all the best and Good Luck.

You will need it with only 7 months behind you - maybe with 7 years of study behind you - then you would have the experience to know all what's ahead in a long journey.

Please dont give up after a year or two - stay with and all the very best

Regards


F

Thanks
 
Good trading, Tim.

Just make sure when you're wrong, you yield to the market. Don't put your will against the market. Kick Ass !

:)
 
End of month update.

Ending this month with a great start. 68.8% win rate and a 58.86% end of month gain profiting a total of £292.67. The first 2 weeks were a little bit rocky for me, but afterwards it was nothing but consistent profit and growth. Hope next month I can produce the same results, if not better.
 

Attachments

  • Untitled.png
    Untitled.png
    36.1 KB · Views: 347
Last edited:
Why only £1m? If you can multiply your money 2,000 times, the sky''s the limit. Why not target £100m or £10bn? Seems a bit unambitious to me.
 
I am not your friend, I do not have your best interest at heart, I don't owe you anything and I will not tell you my strategy.

OK, you don't owe anyone anything and etc...I respect that. Ultimately, we're all in this alone and for ourselves. But what is the point of posting your success (or failure for that matter) in a public forum of traders if that success has no method behind it for others to analyze or even test for themselves? All that is left to look at is another trader's account grow (assuming it continues). That teaches nothing.

Are you here to share ideas or just gloat? It seems the latter.

And what if your strategy was a solid profit engine in the hands of a trader that knew how to execute it? And what if 300 or even 3000 traders on this and any other forum you post in used your method successfully? Would that really alter your success rate in a market as populated and liquid as this?

I employ a strategy that works for me and provides consistent profits. But I'm always interested in what others are doing, whether they're losing or winning. If winning, perhaps there is something I can learn. If losing, perhaps there is something I can offer.

I invite you to join the group that would rather share their food than stuff their bellies while the hungry only smell the aroma. Whatever you chose, I wish you success.
 
Don't worry, he's studied 'forex' for 7 months and is up on the last four weeks there's no way he'll fail.
 
Love the haters...

Anyway, new month means new money. Hopefully, I can remain consistent as I did last month. My withdrawal was successful, and I have deposited it back into my account along with some additional funds.

USD/JPY Trade. Grabbed +17 points, banked £3.60 (0.4%) . Slow day so no more trading toady.

Account: £975.53

Targets for this month:

60% - Good

70% - Excellent

80% and above -Tremendous

attachment.php
 
My goal is to turn £500 to £1mill. I will reach my goal regardless.
Hi TTT,
Welcome to T2W and good luck with your quest. It shouldn't be too difficult, so long as you give yourself a few months. I notice lots of people do well using myfxbook, like this person who has just turned a starting balance of $50k at the beginning of February into $18,578,196.83 with no losing trades.
;)
Tim.
 
AUD/USD Trade: Grabbed +22 points, banked £5.59. Small profit so far, but every little helps

Account: £981.12

attachment.php
 
AUD/USD Trade again: Grabbed +270 points, banked £75.83

Account now stands at £1056.95 Finally doubled my starting balance

attachment.php
 
USD/CAD TRADE: Very smooth trade with perfect entry. Grabbed +245 points, banked £59.39. Today, I have made a total profit of £140.81 (14.43% Daily return).

My account now stands at: £1116.34

It has been a very profitable day for me, so no more trades Big Grin

Green pips to you all Thumbs Up

attachment.php
 
I'm struggling to match what you are saying compared with the listed myfxbook account. Can you not make it so we can see the trade history? Its set to private at the moment.
 
Also - just a minor point - he using all 5 numbers as price rather than last number as a part of a pip

So a 245 pip move - is in fact just a 38 pip move in whole pip numbers

Wondered why the money made did not match the pip wins

Anyway Good Trading to you Tim (y)

Regards


F
 
Also - just a minor point - he using all 5 numbers as price rather than last number as a part of a pip

So a 245 pip move - is in fact just a 38 pip move in whole pip numbers

Wondered why the money made did not match the pip wins

Anyway Good Trading to you Tim (y)

Regards


F

Actually, that was 24.5 pips. Yes, That had me confused too. 59 duckets from a 245 pip move? And where was I during this incredible UC onslaught? No wonder I haven't turned my account in millions... I'm using the wrong math! If I could just get my broker to use this kind of math I'd be retired in a couple weeks!
 
Last edited:
Top