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Attachments: $800 - $200,000
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$800 - $200,000

  • #1
  • First Post: Edited Jan 16, 2011 8:30pm Dec 11, 2010 4:25am | Edited Jan 16, 2011 8:30pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Intention of thread is to now reach $100,000.00 within 3 months with a starting capital of $1,000.00.



I originally created this thread to keep track of my trades and set certain financial goals, due to my broker being unsupported in performance tracking websites like Myfxbook.com and fxstat.com.

However, I recently made a switch to Oanda.com, and have the pleasure of being able to have all my trades auto tracked via MyFxbook.

Initial deposit of $1,000 last week.

I'll link my performance to this thread with some casual updates along the future.

The original goal is probably too far fetched for my skill level, however I do think that something like that can still be unattainable, however not by me, at my current 4 month trading experience.

http://www.myfxbook.com/widgets/77126/small.jpg


Original thread post:
Quote
Starting with a capital of $800.00, I will be trading EUR/USD in an attempt to convert it to $200,000 within 3 months.
Pip goal per daily session is 30 - 50 pips. Will keep trades to a minimum to reduce exposure, with extremely tight stop losses.

http://i56.tinypic.com/f9i9uo.png

I will be using my full bankroll, and will update results at the end of every trading session. I will only trade Monday through Friday, and not include Sunday in my sessions. If I do trade on a Sunday, I will include those profits or losses in Mondays...
  • #2
  • Dec 11, 2010 4:50am Dec 11, 2010 4:50am
thats great,i have another project in hand
Attached File(s)
File Type: xls $1k to $1000000 - rev ProdiG.xls   64 KB | 819 downloads
  • #3
  • Dec 11, 2010 2:52pm Dec 11, 2010 2:52pm
goodluck,i love these quests ,its like reading a book whilst the author is writing the next page
regards
william
  • #4
  • Dec 11, 2010 5:38pm Dec 11, 2010 5:38pm
I look forward to watching this Journal Progress.
"More important than the quest for certainty is the quest for clarity"
  • #5
  • Dec 11, 2010 5:43pm Dec 11, 2010 5:43pm
A few at ff have done extremely high profits when they performed short cycles -- one daytrader, daily; another shortterm trader, on an occasional week -- of trades and then withdrawal of earnings.
It's a pleasure to watch someone who can do so well.

Consistency for three months in a row of daytrading would be a feat.
Good luck on your endeavor.
  • #6
  • Dec 13, 2010 2:23pm Dec 13, 2010 2:23pm
This is great but how can we know that your trades are real? Even if you scalp why dont you put an mt4stats link or myfxbook link to this thread? Anyone can post an excell sheet... or do I miss something?
  • #7
  • Dec 13, 2010 2:56pm Dec 13, 2010 2:56pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting fxleopard
This is great but how can we know that your trades are real? Even if you scalp why dont you put an mt4stats link or myfxbook link to this thread? Anyone can post an excell sheet... or do I miss something?
Unfortunately, I have an iMac and use Dealbook web via GFT. I would love to have auto or manual sync with one of those aforementioned pip bloggers. I'd love to keep track of my trades with such ease.

At the end of the week I'll just take a screenshot of my broker's account balance if you feel I need to prove something.

But again, just like any stat sheet or screenshot, it can easily be manipulated.
  • #8
  • Dec 13, 2010 3:32pm Dec 13, 2010 3:32pm
I'm in the same situtation I also work an a Mac Unfortunatly these stat sites support only the MT4 platform except Oanda which one works on myfxbook.com.
  • #9
  • Dec 13, 2010 5:25pm Dec 13, 2010 5:25pm
Quoting fxleopard
I'm in the same situtation I also work an a Mac Unfortunatly these stat sites support only the MT4 platform except Oanda which one works on myfxbook.com.
just install vmware and windows in it, and run your metatrader in unity works great here on my mac
  • #10
  • Dec 13, 2010 11:36pm Dec 13, 2010 11:36pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting ido370
just install vmware and windows in it, and run your metatrader in unity works great here on my mac
The purpose of a Mac is so I don't have to install the poison known as Windows.

Being a PC fanboy my entire life, I can only wonder what took me so long to make the transition
  • #11
  • Dec 14, 2010 1:24am Dec 14, 2010 1:24am
Quoting apt
The purpose of a Mac is so I don't have to install the poison known as Windows.

Being a PC fanboy my entire life, I can only wonder what took me so long to make the transition
yes, same here glad i finally made the switch
  • #12
  • Dec 15, 2010 4:33am Dec 15, 2010 4:33am
from 800$(100%) up to 200000$(25000%) ?

Uh man, wish you best!!


i will watch this thread...
  • #13
  • Dec 15, 2010 8:54am Dec 15, 2010 8:54am
Result of the most possible.
Two years ago I did something similar, but in 4 months:]

Good luck
  • #14
  • Dec 15, 2010 11:13pm Dec 15, 2010 11:13pm
I'm skeptical of the huge percentage return in 3 months, BUT I'll subscribe to this thread and watch your progress. All the best
Trends, breakouts, price action.
  • #15
  • Dec 16, 2010 3:30am Dec 16, 2010 3:30am
Hi Apt

I follow your posts on the EUR/USD thread as well, wish you the best of luck.

Looks like your money management risk is quite high if you can lose 30% in a day, remember consistancy is the key, I found when i tried to swing for the fences is when i started losing money.

Even if you fall short of your goal, $800 to $100k is still pretty awesome in 3 months.

Good Luck.
furble
  • #16
  • Dec 16, 2010 9:45pm Dec 16, 2010 9:45pm
Some folk here may be interested in another XLS growth table which, IMHO, is a little more realistic with the percentage of capital at risk.

Enjoy ... and good luck.
Attached File(s)
File Type: xls 002 Forex Growth Scales to FF.xls   26 KB | 632 downloads
Good Trading to All ---- fairwind
  • #17
  • Dec 20, 2010 4:42am Dec 20, 2010 4:42am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Lack of updates, busy end of week and weekend. Will update thoroughly by the afternoon, cheers & happy trading.

http://www.sodacraze.com/wp-content/.../08/107028.jpg
  • #18
  • Dec 20, 2010 7:49am Dec 20, 2010 7:49am
Quoting apt
Starting with a capital of $800.00, I will be trading EUR/USD in an attempt to convert it to $200,000 within 3 months.
Pip goal per daily session is 30 - 50 pips. Will keep trades to a minimum to reduce exposure, with extremely tight stop losses.

http://i56.tinypic.com/f9i9uo.png

I will be using my full bankroll, and will update results at the end of every trading session. I will only trade Monday through Friday, and not include Sunday in my sessions. If I do trade on a Sunday, I will include those profits or losses in Mondays...
i play a 200 € account with maximum risk, 294 $ so far in 4 trades : p

what about lotsizes? i play 0.25 lots,
Hero calls followed by margin calls...
  • #19
  • Dec 21, 2010 1:06am Dec 21, 2010 1:06am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Intention was to post a synopsis of all week trades with the screenshots acquired over the week, after looking through all the screens it has become difficult to sort through the dozens of charts and imagine what my thought process was.

So from this point forward we'll just try to get a daily log up of what we are looking for in our trades.

As far as profit progress goes, 2 days fell and was unable to log equity.
Main mistakes were emotional distress, and inability to ignore what forum posters believed was going to occur.

Goal for this week is to try to stay away from inhaling what predictions are made on the forum, and just go with the price action seen on charts.

Primary forms of trading will be basic chart patterns, Pennants, Rectangles, Triangles, Wedges; with Fibonacci & Price action.

I have removed the Margin Gain & Loss column due to my relentless need to surpass the required equity for that day, therefore it has led to large losses.
Will attempt to just focus on consistent trading results vs profit margin.

If I fall too far behind on the 20 day mark, I will begin from scratch with a new profit goal relative to my account equity.

Cheers.
  • #20
  • Dec 21, 2010 1:09am Dec 21, 2010 1:09am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PhAnTi'
i play a 200 € account with maximum risk, 294 $ so far in 4 trades : p

what about lotsizes? i play 0.25 lots,
Good job

Keep me updated.
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