Turn $160 into $1,000

good job brother

Thanks man!

Another successful week for me.

I now start to feel a lot of mixed emotions, because I know two things for a fact:

1. This cannot continue forever and I will get blown out at some point - every day I make a successful trade I'm one day closer to blow my account
2. I'm getting bored with this strategy - I spend 5 minutes in front of my charts per day to setup my pending orders - that's all and I miss those days where you spend and hour or two in front of your charts spotting trades, but then again those days never made me money like this strategy does.
3. I had two instances where my order was triggered and then the market retraced about 20 pips before it retraced in my favor and closed my order, which leaves me with, should I lower my risk at some point going for 3% per trade, which will give price more room to move against me or do I stick with 6% per trade? I guess I must decide how much risk I'm willing to take with how much capital. So I'm thinking if/when I reach $500 I might reduce my lot size by 50%, which will give me 3% profit per trade, but then a 50 pip move against me cannot blow my account and I'll have a better chance of surviving some spikes.

Anyway - for now I will continue with my current strategy - I have really nothing to lose because I've recovered my deposit and some profit already. It will still hurt to reach $500 or $600 account and then blow it all on one trade

But now - weekend time! Have a good one!

This can be done , just follow the trend and trade than get few pips , last week i made 58$ to over 1000 $ but now it has come back to 600$, i am trying to make it to 10K , with risk .

Good luck with your journey

Hi fxinvestfund,
Still doing great. Bravo! I wish to be among the people who will test your system long term. Wish you all the best. Today was also a win

Hi, thanks man!

I'll keep you in mind when I start the group

I see you are still doing great. I would like to be considered for your group as well. I like how you started with a very realistic amount of money. I did the same in my demo trading by starting with $100. Whether I'm considered for your group or not, I will continue to watch and try to learn from you. I scalp to feed the "gambler" in me and I trade a more long term strategy to fee the "investment trader" in me.

Keep going my friend. You are killing it big time!

Yes, so far so good! I'm grateful for the success I've had this far and every day I grow more confidence in this strategy. However, it remains and will always be an extremely high risk trading method, because of the no SL. Ultimately if/when I reach my $1k target I would withdraw profit on a weekly basis to at least bank some profit before the "bang". I'm not sure though what I'm going to do when I blow a $1k account

I'll let you know when I start the group

So far I had 6 weeks of successful trading of which 4 weeks are recorded here. After another 2 weeks it would be 8 weeks or 2 months at which point I would feel safe to share my setups, or signals rather with a hand full of people. I will grow the group as the success continue.

So, at most 5 guys and only $50 each in a live account with low spread ( below 1,5 ) on EURUSD and fast execution. You calculate your own lot size in order to gain 3% or 6% per trade per 3 pips.

This is only a heads-up. If you are interested and have $50 or if you like $100 to risk then get it setup and ready - no demo trading, not worth your time, we go in live so that if we are successful you make some bucks!

Interested.

Interested!

I'm making 2 small changes to my strategy.

1. TP increased from 3 pips to 4 pips
2. Lot size calculation adjusted to trade smaller lots, but still get 6% growth with 4pips

The main reason for the change is to accommodate pull backs. Today was the second day that I missed a 35 pip pull back by 2 pips. If my order was triggered I might have lost my account. At least with a lower lot size I can go up to a 50pip draw down. The increase in TP from 3 pips to 4 pips will make up for the lower lot size.

Let's see how it goes going forward.

Some major news tomorrow....... mmmmmm....... what to do....... do we trade or not

Hell yah!!!

Ooooo, I might regret this later

Can't wait to trial this!

After today only one more week

Do not lost your hope.

Still hopeful, but also careful.... although I cannot say I'm careful when I chase 6% per trade!

Trust and Hope it is then!