$10 account challenge all the way up to $100,000 by Forexer | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flip $100 to $45000 in 3 months. The challenge (open to all) 118 replies

Gutenberg money printing machine.. 100 to 1.000 to 10.000 to 100.000? 15 replies

Challenge 100€ to 1,000,000€ 27 replies

leverage with a 100 000$ account 1 reply

$100,000 account? 13 replies

$10 account challenge all the way up to $100,000 by Forexer

  • #1
  • First Post: May 19, 2022 7:09am May 19, 2022 7:09am
Hello traders,

I'm just starting a thread to showcase my trading system and a challenge to turn 10$ tiny forex account into a giant mega bucks account all the way up to reach 100.000$ in profits .

I'm gonna audit and explain why and when i took the trades explaining the lesson learned and trading mistakes to be avoided at all cost so we can improve and get better in trading .

For whom might be a little bit skeptical and in doubt of what I'm claiming here , I linked a trade explorer of the challenge 10$ account so ,my trading performance can be easily traced and watched for the sake of transparency.
So lets enjoy this journey and see how I'm gonna perform and how strong and profitable my strategy is.

Happy challenge for all.
I always knew that someday I would make it big
  • #2
  • May 19, 2022 7:59am May 19, 2022 7:59am
Looking forward to watching you complete this.
  • #3
  • May 19, 2022 11:56am May 19, 2022 11:56am
Interesting , it is doable, a lot's of hard work.
Not much to fall back, when market goes wild.
I assume it's manual trading, or supervised ea.
wish you all the best !
  • #4
  • May 19, 2022 2:31pm May 19, 2022 2:31pm
Lesson 1 - set small short term goals. And do it again and again...
I wish you a iron discipiline.
I might be wrong , I have been wrong before
  • #5
  • May 19, 2022 2:44pm May 19, 2022 2:44pm
Cheers!
Good luck and keeps the motivation going brother.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #6
  • May 19, 2022 2:56pm May 19, 2022 2:56pm
Quoting TheUnknownTr
Looking forward to watching you complete this.
Thanks ,i hope it will be a good learning journey for all of us here.
I always knew that someday I would make it big
  • #7
  • May 19, 2022 3:03pm May 19, 2022 3:03pm
Quoting Crystalferno
Interesting , it is doable, a lot's of hard work. Not much to fall back, when market goes wild. I assume it's manual trading, or supervised ea. wish you all the best !
Hello Crystalferno,

Yes my strategy is manual ,No EA or any kind of algo trading has been used.

Pure human trading and discretional ,strategy which used is momentum based hybrid system.

Trade well.
I always knew that someday I would make it big
  • #8
  • May 19, 2022 3:09pm May 19, 2022 3:09pm
Quoting FXSayWhat
Cheers! Good luck and keeps the motivation going brother.
Hello Fxsay,
Thanks for your motivational words , it's going to be a good support for me to move forward.

I'm gonna do my best to keep up the good performance.

Thank you again.
I always knew that someday I would make it big
  • #9
  • May 19, 2022 3:14pm May 19, 2022 3:14pm
Quoting Mandariin
Lesson 1 - set small short term goals. And do it again and again... I wish you a iron discipiline.
Hi Mandariin ,

Many thanks for your valuable advice ,yes it's true small targets and most importantly discipline work out really good in trading as it stop us from being too greedy and giving back our profits to the market again.

Happy trading.
I always knew that someday I would make it big
  • #10
  • May 20, 2022 8:41am May 20, 2022 8:41am
Hello traders,

A good opportunity to get in the markets was taken few minutes ago ,as I've been watching liquidity building up first before going for a hunt in the market.

I went long in a momentum fast trade of Gbp/Jpy for just a few pips and got out immediately to play it safe.
So 4.4%return booked not bad. ( For more details of today's trade please check trade explorer linked here.)

Lesson learned:

1- Trade only at the right time ( when there is liquidity )

2_ Wait patiently for the right setup as your strategy

3_ Don't rush things and be disciplined super disciplined.

4_ Get out so fast don't be greedy.

5- Every creature was born very small and keeps growing till it gets bigger and bigger,so small trading account can grow to a giant one over time.

Happy trading.
I always knew that someday I would make it big
  • #11
  • May 20, 2022 10:23am May 20, 2022 10:23am
Quoting forexer
...Trade only at the right time ( when there is liquidity )...
Do you really need to worry about ligudity when your account has under 30 $/€ ?
Second does market move more in liquid or in ill-liquid stages ?
I might be wrong , I have been wrong before
  • #12
  • May 20, 2022 11:39am May 20, 2022 11:39am
Quoting Mandariin
{quote} Do you really need to worry about ligudity when your account has under 30 $/€ ? Second does market move more in liquid or in ill-liquid stages ?
Hello Mandariin,

Yes liquidity is crucial factor for any set up to work out ,cause ,when liquidity dries out market gets vulnerable to manipulated moves which could screw up the trade and setups altogether although your setup is the perfect one ,still liquidity plays determining role for successful trading therefore timing is everything.

Trade has higher potential to succeed and for huge profits when there is force behind a trade pushing hard and that called momentum generated by liquidity.

The size of the account has nothing to do with liquidity ,if you're not willing to make it in a tiny account ,you wouldn't make it in a sizable million dollars account, it's about trading philosophy and solid disciplined approach .

Thanks .
I always knew that someday I would make it big
  • #13
  • May 20, 2022 12:04pm May 20, 2022 12:04pm
Dear traders,

Just an update for recent trading done in my super tiny account.

Today 7.5 % return has been successfully secured after i reversed a losing trade of GBPUSD with a successful long GBPJPY.

Lesson learned

Cutting loss early is key, market is always right so respect the market and it will respect you , stop loss pays off in the end.

Thanks.
I always knew that someday I would make it big
  • #14
  • May 23, 2022 10:47am May 23, 2022 10:47am
Dear traders

Today was a way too lucrative day on my journey to 100.000$ from 10$ little tiny poor account.

22% return is secured today trading EURGBP as a good long setup has been formed and called me to take action for high potential trade.


Lesson learned :

Patience is vertue ,you have to learn the waiting game for the right setup and trade to get in and make it.

Stop loss order is imperative ,so set stop loss order with every single trade to survive.

Take a look into the account's trade explorer for more details on today's trade.

Thank you for following my exciting journey .
I always knew that someday I would make it big
  • #15
  • May 23, 2022 1:46pm May 23, 2022 1:46pm
Quoting forexer
Dear traders Today was a way too lucrative day on my journey to 100.000$ from 10$ little tiny poor account. 22% return is secured today trading EURGBP as a good long setup has been formed and called me to take action for high potential trade. Lesson learned : Patience is vertue ,you have to learn the waiting game for the right setup and trade to get in and make it. Stop loss order is imperative ,so set stop loss order with every single trade to survive. Take a look into the account's trade explorer for more details on today's trade. Thank you for...
Good work. Can you show trade setup ?
I might be wrong , I have been wrong before
  • #16
  • May 24, 2022 8:58am May 24, 2022 8:58am
Was this a semi-grid for GBPUSD today? Trying to analyse your strategy, but still have no clue lol. Still subbed and good luck!
  • #17
  • May 24, 2022 10:08am May 24, 2022 10:08am
Quoting Mandariin
{quote} Good work. Can you show trade setup ?
Hello Mandariin,

I'm glad that you like my performance so far thats makes me doing better in future.

As for your question to show my setup , i will give you and all traders who are following my thread more general information about my strategy's rules in a separate post but i wouldn't be able to reveal the core strategy here .

Anyway i made the trade explorer for public and fully detailed and it's doing the great job now so you can go to the strategy's trade explorer to analyse my trades and to discover the secret yourself.

I'd better to stick to the main purpose of my thread as a motivational thread and educational for all traders beginners and professionals to inspire you all to keep going and never give up on trading as most of us still struggling in the Forex market to make a decent profits

To fight this beast you have to be ready to survive and to survive you have to stay alive in the market to fight another day and that can be achieved by using the most important weapons in trading which are Money management patience and descipline.

I wish you all the best trading ever.

Thanks.
I always knew that someday I would make it big
  • #18
  • May 24, 2022 10:19am May 24, 2022 10:19am
Quoting Strykes
Was this a semi-grid for GBPUSD today? Trying to analyse your strategy, but still have no clue lol. Still subbed and good luck!
Hello Strykes,

Thanks for being with us on our journey trying to analyze my strategy.

Yes the strategy uses a sophisticated grid system but with a highly disciplined money management to hit two birds with one stone ( to make more profits and to secure the account from sudden and frantic spikes in the market.

Thanks .
I always knew that someday I would make it big
  • #19
  • May 24, 2022 10:44am May 24, 2022 10:44am
Quoting forexer
{quote} ...to analyse my trades and to discover the secret yourself...
Okay but what timeframe you use ? Maybe you use combo, higher timeframe for trend and trade location and lower timeframe for trades ?
I might be wrong , I have been wrong before
  • #20
  • Edited 5:31am May 25, 2022 2:42am | Edited 5:31am
Quoting Mandariin
{quote} Okay but what timeframe you use ? Maybe you use combo, higher timeframe for trend and trade location and lower timeframe for trades ?

Hello Mandariin,

Yes time frames used are H4 for the bigger picture trend analysis and M30 for entry signal with a hybrid system using multiple levels grid strategy.

Mostly traded pairs are GBPJPY,GBPUSD,EURUSD, and all other major pairs .

Always stay away from exotic pairs and illiquid pairs with a wide spreads to avoid stop hunting and getting stuck in overly high slippage filling .

Trading times mostly in London session and early NY london merging sessions time.

Wish you all success and happy trading.

Thanks.
I always knew that someday I would make it big
0 traders viewing now