This is how I doubled my account

Dear fellow traders,

Greetings! I am a part-time trader with several years of FX trading experience.

In this thread I will log a series of tradings that will double or burn my account in relatively short time.
As you can see there is high risk involved. Therefore you are NOT recommended to follow my tradings.

The objective is to double my account (the cap is hidden but it is easy to guess from the following context).
Then the mission is accomplished and I will withdraw the money.

I will try to give as much details of each trading. In each of the following tradings, there will be a set of
clearly stated rules that has to be followed. I will try my best to follow the rules except in emergency
situations (seriously flawed rules that has to be revised immediately). Different tradings will have
different rules.

Thank you for reading and following this interesting journey. You comments and suggestions will
be highly appreciated.

Trade #1 long GBPJPY (stable version Sep 17)

[expected gain]
+10%-20%

[time frame]
start from Monday Sep 18 for around 2 or 3 weeks

[Rules]
* By default no SL will be used (I will set a very large SL, e.g. 1000 pips, to guard the black swan)

* If and only if a trade has +50 pips, then I can optionally lock the profit by setting SL >= opening price. Once locked, I can only lock higher profits by adjusting the SL. I cannot cancel the SL or adjusting the SL to lock lower profits.

* Buy at key levels above 148 with target towards 153-155 area. The "key levels" are decided by me (through watching the market)

* To avoid a large draw down, the distance between two unlocked long orders must be not less than 50 pips. For orders with locked profits, it does not matter.

* I can open short orders at any time to hedge the long orders, however I must guarantee
#(short orders) <= #(long orders) + 1

* all long/short orders are of the same size, that is, 0.5 lots

* TP at the following conditions
- If #(winning trades) > 0.5 * #(opening trades), then I can close 1 winning trade
(for example, if there is one trades and it is winning, then 1 > 0.5 * 1, and I can close it at any time;
if there are 4 trades and 2 of them are winners, then 2 = 0.5 * 4, and I cannot close any order;
if there are 5 trades and 3 or them are winning, then 3 > 0.5 * 5, then I am free to close 1 winning order)
- If +20% cap is gained, then I am free to close all orders

Just happened to chance upon your journal and would like to weigh in my two cents, hope you don't mind. And oh, nice username.

I personally am bullish on GBP/JPY as well, target of 153 is very likely before the month ends. However, GBP/JPY and GBP/USD are both in the overbought zones, so I am expecting some retracement/pullbacks. Will be looking for buy opportunities on dips as well.

Glad to see another person on the same side. Green pips to us both.

heh.... "I will log a series of tradings that will double or burn my account in relatively short time".....

Yeah, its likely to burn it like any other wannabe trade here....but hey, you must have your chance: GOODLUCK

I have fixed the rules of trade #1

The first two orders are (to be placed at the market open)

buy limit 149 with 0.5 lot
buy limit 148 with 0.5 lot

trade active

long GBPJPY 0.5 lot at 150.22

TP at 150.83 +61pips

I am temporarily out as it is likely to go down again. Now I placed another limit order

limit buy 0.5 lot at 150.2