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Attachments: $500 to $1M Part II
Exit Attachments

$500 to $1M Part II

The hedge hasn't seen much action simply because we've been side ways for a couple of days now....still sitting patient...


Account #1
Account Opened On: 11/26/2009
Beginning Balance: $1,472.42


Current Balance:
http://www.mt4i.com/banner.aspx?id=fmc&t=1

===================================

Opened 4 new positions on Account 2...riding the GBPJPY, EURJPY, AUDJPY and CHFJPY

Account #2
Account Recovery Start Date: 12/04/2009
Starting Balance From Time of Recovery: $42.65
Original Starting Balance: $349.27
Ultimate Recovery: $1200.00


Current Balance:
http://www.mt4i.com/banner.aspx?id=fmc2&t=1

By the way, the two pics above will update the open equity dynamically every few minutes, so you can keep refreshing the page to see the live open gains or losses....

In Charts We Trust!
There seems to be something wrong with the MT4i servers today as they're not posting my results....

I may go back to myfxbook and start posting my stats there, I'll give it another day...

Doing well so far on my accounts...the $42 was bumped to slightly over $60, the hedge is still positioning for profits...
In Charts We Trust!
Quoting X.Oden
Hi all I am in the process of moving my account to an over seas broker at the moment.....so there will be a slight delay in this thread.

I'll be back shortly....thanks for following along...I'll post as soon as my new account is up and running...
I also moved my money over seas, for several reasons, among them the new FIFO rules.
Quoting X.Oden
Erikte,

You're right. Everytime I've upped my lot sizes too early prices react against me.....I'll see what the market does Sunday and try to get out of what I'm in...
I think your having a problem adjusting to such a small balance.. i know it would be near impossible for me to stick with .1 lots... lol.
Well I'm glad I drew my balance down to $35 last week. If I didn't I would not be trading .01 lots....

Made over 1500 pips trading .01 lots this week....all I have to do is continue the same way and eventually up my lot sizes......it will go quick the way its going now...

Originally, i was trying to trade larger lots making the quick kill. Something I used to do years ago when I first started trading, but its a beginner mistake and slap my hands for reverting back to that. I figured with all these years under my belt, I could beat the market....but its cool, I'll do it a different way...

Quoting Exsilium
I think your having a problem adjusting to such a small balance.. i know it would be near impossible for me to stick with .1 lots... lol.
In Charts We Trust!
Ahhh there are apparently a few folks on here that hate my guts and are simply waiting to see my account blow so they can mock me...

Its all good....keep on hoping I guess....it hasn't happened yet! LOL!

And if I bring this $35 account back to the full blown value....there will definitely be bragging rights and a whole bunch of other things....but I'm not going to go there....

Gives me a new sense of motivation.....thanks for the encouragement guys! Keep it coming! LOL!
In Charts We Trust!
Good luck
“Aim for the highest.” Andrew Carnegie
Eh made a measly 80 pips this morning....need more fuel....

Just entered GBPJPY, EURJPY, AUDJPY and CHFJPY.....
In Charts We Trust!
Is it really possible to turn $500 into $1 million?. What would be the profit% per trading day?
Sure its possible. You can't set a % per day because the markets really don't work that way. You have to take what it gives you and sit out when the market says to sit out.



Quoting observer71
Is it really possible to turn $500 into $1 million?. What would be the profit% per trading day?
In Charts We Trust!
Last week's trades off my swing system....
Attached Image (click to enlarge)
Click to Enlarge Name: 12-11-2009 5-13-49 PM.jpg Size: 508 KB
In Charts We Trust!
your having a go,well done
Having another good day...let's hope this keeps up...
In Charts We Trust!
Super slow week so far....+107 pips....gonna take a break today till later this evening....loads of news today...
In Charts We Trust!
Daddy, seems you're not knocked out easily. That's cool. I'll follow your adventures in Forexia.

You could tell a thing or two about yourself if you don't mind. I guess I'm not the only one who's curious.

Good luck.
forget about tomorrow, just steal away into the night
Doing great. Great comeback.

Once question- Which broker are you using? I also want to trade micro lots (.01 lots), so thats why i was asking as i see you also take multiple positions in micro lots.
Thanks Kingfisher!

I'm using IBFX on my small account that's using Micro Lots...


Quoting kingfisher
Doing great. Great comeback.

Once question- Which broker are you using? I also want to trade micro lots (.01 lots), so thats why i was asking as i see you also take multiple positions in micro lots.
In Charts We Trust!
Spekitox,

I'm just a trader trying to make it....
....here's my blog:

www.forexmillionairesclub.com


Quoting spekitox
Daddy, seems you're not knocked out easily. That's cool. I'll follow your adventures in Forexia.

You could tell a thing or two about yourself if you don't mind. I guess I'm not the only one who's curious.

Good luck.
In Charts We Trust!
Thanks I will check in.
forget about tomorrow, just steal away into the night
  • Post #60
  • Quote
  • Edited 6:54am Dec 28, 2009 6:40am | Edited 6:54am
Well its been a great holiday so far....now that the festivities are over,

Here are my account stats. I've decided to just focus on the smaller and tougher of the two accounts. I have several managed accounts and this makes the focus a little easier. I have also removed my original links to the live stats from previous pages to have better control over things. I found the pages redundant in posting updates......

Otherwise, here's the current stats on the $42 recovery account.

2 Files - Dec 2009 Results and Current Open Trades Including Open Equity and Account Balance.....

Account Recovery Start Date: 12/04/2009
Starting Balance From Time of Recovery: $42.65
Original Starting Balance: $349.27
Ultimate Recovery: $1200.00
Current Balance: $55.90
Percent Gain/Loss From Recovery Period: +31%
Percent Gain/Loss From Starting Balance: -83%

.
Attached File(s)
File Type: pdf Dec 2009.pdf   199 KB | 204 downloads
File Type: pdf Open Trades.pdf   24 KB | 179 downloads
In Charts We Trust!
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