the Margin Call Rejuvination thread

hello traders
i just destroyed a 300 dollar account this morning. long story short, the account is now worth 5.98. the idea is to trade it back to 300

i'm short eurusd 0.01 lots @ 3699

not sure how i intend on achieving a ~1000% return or how long it'll take, but that's the mission

thanks peeps
happy trading

k, i've decided that part of the strategy will be: stick with 0.01 lots, for obvious reasons

broker is alpari micro, 500:1 leverage

profit targets are H4 supports at ~3460

stop loss = margin call


peace

Very sorry.

Back when I used to trade Junk Stocks I had my $1000+ account become worth $70 due to a delisting in no time at all, it took me 4 weeks to get back to $1000 so you can do it

Yes I got lucky and had 4 junk stocks in a row do several 100% each


Margin is your final stop nothing more

lookin' good, 100+ pips in the money... moving stops to breakeven +1

added 2 more 0.01 shorts, i'm going to keep looking for short entries as margin becomes available & we move towards the lower 3400's .. aka pyramiding

this is an exercise in patience & manually trading higher timeframes

open trades:

sell 0.01 eurusd 1.3699
sell 0.01 eurusd 1.3690
sell 0.01 eurusd 1.3606

currently @ 1.3580

Floating P&L ~25.55$


a cool 500%

the power of leverage

short 0.01 @ 3596

will probably close everything sometime before news tomorrow & re-enter afterwards

closed shorts @ 3577 & 3578

balance: 33.94$

will place a sell limit before nfp, not sure where yet

flat, no orders pending or otherwise

have a great weekend everyone

short 0.01 @ 3660

shooting for another 500% this week

kept shorting after some favorable action under 3660, but felt i was over leveraged & closed everything last night at ~3620's

Current balance: 89.88, one short open at 3570