to 1M too

Since new series of 'to 1M' are starting, I want that 1M too!
I don't know how that 1M will find me, maybe having the journal will be sufficient?
It should happen quick as I have better things to do in life rather than trading.

just checked and official: cant change my journal name from "My way to highway" to "My way to 1 million"
so i will be watching yours!
but better to be a quick one, my scalping only yield limited amount of popcorn!!

Hi,
I think that if having a journal was sufficient to get the million we all would be millionaires
You have better things to do in life but you're here with an explorer and a journal, well maybe your or my English is not sufficient to understand each other...

Anyway, great to have a future second or third millionaire here.

Good trading and good luck !

Haha fantastic! Those threads are never getting old! Good luck buddy!

Thank you all and good luck to you too!

Only two things I will have to do:
- take the money when it is
- protect against myself

Still failing on both, second the most.
The increase equity is putting the account closer to 1M but 'All Time Profit' matters.

I think I'm done for today.
I'll be in holiday for a week, I might not trade or limited.

okayyyy follow your journey

I had some trading while in holiday, I bought a power bank to charge the phone!
There were some good trading days, bad moments too, the worse started after the ECB news where initially I was on the right direction but then something happened, took some trades that I shouldn't and a few other things ... I am not happy with the current situation but I fine with it.

I had some thoughts lately over my evolution in this area and something is missing. I like manual trading but I like more the automated one that I stopped since a while. Now I want to bring it back in my life, and since I don't want to poluate the manual trading account with other trades, I got another idea: make 1M with automated trading. Cool!
I created another account for EA/manual trading and I'll start to bring the toys in from next week.
It will be mainly automated but since the project(s) are still ongoing I will do manual interventions too.
I also look to have the 3rd account where I'll make 1M fully automated.

Sometime is depressing seeing how far the 1M is.

to 1M - ea/manual
I managed to poluate it or make it more profitable, by mistakenly adding in this account a manual trade on usdca, and another one, and another one, and after some others on gbpusd, ..., the trades >1lot, ... the intention is not to repete it and have at least the trade initialization from the EA, but I won't punish myself and take a loss just because the trade is not added via the EA.
More toys should come.

to 1M - manual
Not much to say, trading is going well. Up to last week my worse days (feeling) were Monday/Tuesday and after I was going better, but since last week those days switched, Monday/Tuesday being the best, or maybe I am just getting better!

Didn't realize you had a journal yet keep replying to my posts.

Just a quick look at this thread: you get rid of your profits too quickly and hold onto your losses too long.

That is how you have a 90% winrate and a €10,000 floating loss

My 2 bob worth

♠

It's been a while since I've been active in the forum.

Recently, I've been contemplating acquiring a paid license in this game - something straightforward, like implementing a daily budget to do whatever ...

On the less favorable path, it's a simple strategy: if my balance falls below the daily budget, the plan is to reset it to the daily budget or add the daily budget to the existing balance on the next day - keeping it uncomplicated.
As for the optimistic scenario, I haven't made a final decision yet; I'll observe how things unfold.

I initiated this venture on the 1st of December. All was going well until the end of the day when I decided to take on the usdchf boss for the final battle - a decision I now realize might not have been the wisest.

Given that only crypto remains active during the weekend, I'm restarting today. However, I might not follow the same pattern for the other weekend days as it lacks the same level of intrigue.

My plan is to actively participate this month, and we'll see if the momentum carries me forward in the subsequent months.

December 1st and 2nd - not much happened during the crypto weekend. Basically, I thought it will go down, but it went up - total wipeout, kind of normal when going full margin, even a shy spike could make your day, ended.
New balance reset, will see...

Not patient enough to wait for GJ ... will it go up from what is now 185.78? I think so, but no longer important as I'm out for today.
What I find interesting, is trading those crypto since the margin requirements are low, I could go till the end of the balance.

I looked into the days to come for this month, and I may not go into another crypto weekend. Also, the last trading day may be on December 20. That being established, I looked into the budget and decided to make some changes:
Week 1 - Days: 7 to 8 -> double the current daily allowance.
Week 2 - Days: 11 to 15 -> double the current daily allowance but use the 2 and 3 days budget once. Then, once it is lost, I'll reset it in the next allowed day.
Week 3 - Days: 18 to 20 -> I will double the previous week budget and I will use it all from the start.
Since there may be less volatility in the week 3 compare to week 2, I will change the scheduled / budget from week 3 with week 2.
+ a 2x bonus of 5x current daily allowance to be used in any distinct days.

I'll make it easier:

Current daily allowance: 10
From Day 7 - daily allowance is: 20
Week 1 - I may use the 2 days budget.
Week 2 (= budget of week 3) - I will start with 200 for the full week. Not sure yet if I will split the week budget in 2 + 3 days.
Week 3 (= budget of week 2) - I will start the week with 100.
Bonus: 2x 50.


The current daily gain is messing up my reset plan, that of course are set for the worse case scenario. Should I remain positive, I'll do further budgetary adjustments.

I think I had enough with gaming, I'll make it shorter.

Week 3 - canceled - I'll use the budget this week.
Week 2 - I'll either proceed with it for good, utilize the budget this week, or cancel it... time will tell.
Bonus - 1x remaining - ...

This should be it!

Week 1
Last Friday, all was good up to the point where I got into a margin call situation, a rollercoaster that turned a good day into a disaster. I was thinking if I should let it go or look to save the situation, and in the limited time I had, I decided to take the week 2 budget and remaining bonus - total 250. It takes some time for the money to arrive in the account, maybe 3-5 minutes, and during this time I was seeing the trades closing, one by one, and the transfer was not arriving. The price did not retrace that fast, went a bit higher from the closing point, and I could take a similar position with the sum of the closed ones, ... The price retrace and I got saved.



What if the price would not have been retraced? ... the answer might be in this post.

Week 2
- on 11, 12 - I got in other troubles, not that limited as before but to avoid similar situation, another 500 on each day.
- on 14 - another 500 but not enough, I had a heavier position, still some margin but could have been evaporated in case of a good spike that I kind of expected to come (it did not). Well, to ease the situation - another 3000 in. I took some new trades, etc ... but, without the last funding it wouldn't have been a pleasant situation, the loss bigger now as there were those new 3x 500 aside from the planned budget. As mentioned, I took some other trades, and although I was marking some profits, I was still not in a comfortable situation - with the available capital and entries I had some time to stay cool. Things got worse, things got better ... I was planning another 3000 to go, almost went for it but finally not necessary. The loss could have been bigger, of course, the 4500 extra already in.
Things got better, I was several times in a general profit, but not letting some profits go and looking to keep them may involve a huge risk.
- on 15 - interesting day! I had a consistent floating draw down but also some dangerous entries on Gold - that had some insane spikes recently ... even if I had a stop loss set, it is still not safe as during a spike that stop loss is almost never honored, the trade is closed at the worse price. A general tensioned situation ... Things got better, I was in more than 1k profit and the loosing trades were in recovery mode too ... plus enough capital, lighter entries that would not have made issues if bigger moves. Then, I started to look at Us30, I made some good profits ...

About 30 minutes before closing I was in something like the daily profit was around 700, floating draw down around 1000, balance increased from the beginning with around 1600...
Then, Us30 disaster, 2 trades waved out most of the daily profit. Took a few more entries but with the thought not to go on the loosing side.
During the day and also since I sent the last 3000 I had in mind to have them out from the account by Monday. With the floating draw down although it was light, maybe I could have gone again in a need for capital or close some trades, so, having the money out may have meant to maybe put them back.
In the end, the Us30 disaster made things easier, I made up my mind to have everything closed, and that's what I did in the last minutes of the session.

I took out the game budget with bonuses + extra adds = 5000.
After all of this, I got 240 profit. Looks like those promotions - 30 days play, money back guarantee.
The TE is attached, weirdly it shows a loss but maybe it is messed up due to the last withdraw. Who would have thought that at any given moment one may be in profit?


Although it is about the money, the game did not started for the money! I got the experiences I was maybe looking for, a lot of feeling that can't be described in words.

Wait a minute, it is always about the money!
Therefore, I'll keep on going. Available budget - 240, the profit.


I am not sure yet how I'll use it. Currently there is 40 in, it could be a crypto weekend, it could be that I will split for several days in Week 3 ...

Let's get crazy!

Week 3
December 20 was supposed to be the last trading day but some plans changed, I should be in for the full week.
My account was visited on Tuesday by 2x1000 and on Wednesday by 1x3000, and all 5000 left at the end of Wednesday. It wasn't really necessary, although I saw the margins painted read. Having the extra capital, I could expand my trading on several pairs and bigger volume.

I started Monday with the 40 from weekend and just after the start I made available all the 240 capital.
The current situation is: balance - 1950 / Equity - 1550.