Hello everyone! This is my new thread with all positions flat from my previous attempts to recover an old account. Outside of the fact of issuing a public challenge to a few traders on here whom decided to flame me for posting what they claim were unsupported results to a 1200 pip gain in a couple days, despite posting the actual results, I found it easier to get rid of my existing losing trades which I had held on to from previous experimental systems and just start over from scratch.
So here I am, on a clean slate. Starting over.
In my previous thread, I had a beginning balance of $500 which hit a deep drawdown (long story) and then re-funded the account to bring it up to $1500 total with existing losses carried over which later dwindled to $347 before I decided to close everything and start over. Out of the $1500 I had, I withdrew $300 to setup a training account for my wife to practice on.
The account hit a drawdown for the second time due to trading large positions to balance the open trades that were in drawdown for a few months. I decided it would be easier to start new with the small roll I have left.
In any case..........here I am...with little cash in my pocket on my small account and looking to attempt to bring it back to at least $1200. If my trading method is valid, this shouldn't be a problem....
The one thing I will be doing however is trading larger than normal position sizes. I have to. I know its risky, but I've done my fair share of trading .01 lots to know what I am capable of doing and thus, begins a new journey to the ultimate goal of 1M. I have a long way to go...so I begin this personal challenge and see where the wind takes me....
My original thread is here: http://www.forexfactory.com/showthread.php?t=201166
So here I am, on a clean slate. Starting over.
In my previous thread, I had a beginning balance of $500 which hit a deep drawdown (long story) and then re-funded the account to bring it up to $1500 total with existing losses carried over which later dwindled to $347 before I decided to close everything and start over. Out of the $1500 I had, I withdrew $300 to setup a training account for my wife to practice on.
The account hit a drawdown for the second time due to trading large positions to balance the open trades that were in drawdown for a few months. I decided it would be easier to start new with the small roll I have left.
In any case..........here I am...with little cash in my pocket on my small account and looking to attempt to bring it back to at least $1200. If my trading method is valid, this shouldn't be a problem....
The one thing I will be doing however is trading larger than normal position sizes. I have to. I know its risky, but I've done my fair share of trading .01 lots to know what I am capable of doing and thus, begins a new journey to the ultimate goal of 1M. I have a long way to go...so I begin this personal challenge and see where the wind takes me....
My original thread is here: http://www.forexfactory.com/showthread.php?t=201166
In Charts We Trust!