1% per day compounded - 3K to 300K goal | Forex Factory

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1% per day compounded - 3K to 300K goal

  • #1
  • First Post: Jul 1, 2016 2:25pm Jul 1, 2016 2:25pm
I decided to start this journal to keep track of my own performance as I aimed to achieve 300K within 2 years.

I have calculated, 1% a day, 25% monthly (let's make it simple), 1.25^21 = 10800% x 3,000 = 325K in 21 months.

As long as I achieved 1% daily consistently for 21 months, I can achieve my goal of 300K.

I will be updating results frequently in this thread to constantly remind myself of the goal.

Wish me luck. Cheers.
Pips Collector EA, No Martingale, No Grid
  • #2
  • Jul 1, 2016 2:33pm Jul 1, 2016 2:33pm
Trade Date 1st July 2016

Short NZDUSD @ 0.71791, TP 0.71729
Long USDSGD @ 1.3412, TP 1.3423
Short EURGBP @ 0.83963, TP 0.8391
Short EURGBP @ 0.83989, TP 0.83942
Short EURGBP @ 0.83963, TP 0.83906
Short EURGBP @ 0.84040, TP 0.83992

Winning trades 6/6

Total Profit: $25.47
Pips Collector EA, No Martingale, No Grid
  • #3
  • Jul 2, 2016 7:57am Jul 2, 2016 7:57am
Huatboyz

congratulations on starting your own thread. 1% is easily acheivable with discipline. I regulargly make 3-7 % on trades.
  • #4
  • Jul 2, 2016 5:46pm Jul 2, 2016 5:46pm
Well done for giving it a go.

All the best, will watch with interest.
  • #5
  • Jul 3, 2016 11:01am Jul 3, 2016 11:01am
thank you tinygiant and qp2 for your well wishes ! appreciate.
Pips Collector EA, No Martingale, No Grid
  • #6
  • Jul 5, 2016 4:18am Jul 5, 2016 4:18am
Today's performance:-

+1.5%, hopefully can continue..

Attached Image (click to enlarge)
Click to Enlarge Name: scrnshot 5 jul 2016.jpg Size: 261 KB
Pips Collector EA, No Martingale, No Grid
  • #7
  • Jul 5, 2016 10:54am Jul 5, 2016 10:54am
13/14 won. good trading
  • #8
  • Jul 5, 2016 11:12am Jul 5, 2016 11:12am
Quoting huatboyz
I decided to start this journal to keep track of my own performance as I aimed to achieve 300K within 2 years. I have calculated, 1% a day, 25% monthly (let's make it simple), 1.25^21 = 10800% x 3,000 = 325K in 21 months. As long as I achieved 1% daily consistently for 21 months, I can achieve my goal of 300K. I will be updating results frequently in this thread to constantly remind myself of the goal. Wish me luck. Cheers.
Great, but can you tell us something about your trading method?
Thanks and good luck!
  • #9
  • Jul 5, 2016 11:47am Jul 5, 2016 11:47am
It's actually grid trading. Search this forum and you can find a lot of useful information. Cheers.
Pips Collector EA, No Martingale, No Grid
  • #10
  • Jul 6, 2016 4:24am Jul 6, 2016 4:24am
Very very volatile day.

Managed to pull in +4%
Pips Collector EA, No Martingale, No Grid
  • #11
  • May 7, 2017 12:02am May 7, 2017 12:02am
huatboyz, are you still making 1% per day and on you way to making 300K?
"Success is not a fantasy, it's a formula." - MTI
  • #12
  • Edited Aug 19, 2019 1:05am Aug 18, 2019 11:47pm | Edited Aug 19, 2019 1:05am
Hi Everyone,

I have actually ditched GRID trading as I feel that long term is not sustainable and there is always a "DEATH" trade that will wipe out the account eventually.

After a very long hibernation period of honing my trading and programming skills, I feel that I am ready to continue this dream of mine as I believed anything is possible as long as your mind believes in it. So I am keeping track of my own progress here again. This time round, no martingale or grid of sorts, purely technical trading and position sizing with adequate risk management.

Hopefully I will reach my dream soon.

P/s: So far, collected over 4K pips since April 2019.
Pips Collector EA, No Martingale, No Grid
  • #13
  • Sep 2, 2019 11:09am Sep 2, 2019 11:09am
EA doing well, over 5k pips now..
Pips Collector EA, No Martingale, No Grid
  • #14
  • Sep 4, 2019 12:09am Sep 4, 2019 12:09am
The equity curve volatility .... jin kia lang
Improve yourself every single day
  • #15
  • Sep 8, 2019 9:40am Sep 8, 2019 9:40am
Before that I was still tweaking with the EA and various pairs to use on. After that was quite stable after defining the specific pairs to trade on.
Pips Collector EA, No Martingale, No Grid
  • #16
  • Sep 8, 2019 3:07pm Sep 8, 2019 3:07pm
Quoting huatboyz
I decided to start this journal to keep track of my own performance as I aimed to achieve 300K within 2 years. I have calculated, 1% a day, 25% monthly (let's make it simple), 1.25^21 = 10800% x 3,000 = 325K in 21 months. As long as I achieved 1% daily consistently for 21 months, I can achieve my goal of 300K. I will be updating results frequently in this thread to constantly remind myself of the goal. Wish me luck. Cheers.
Hi
It's now 3 years since your first post.
Did you achieved your 300k target in 2 years?
  • #17
  • Oct 2, 2019 6:50pm Oct 2, 2019 6:50pm
You can read my updated post in the middle of the page.

Anyway EA is doing well now, 6.2k pips made since Apr 2019. I am confident I will reach my goal this time.
Pips Collector EA, No Martingale, No Grid
  • #18
  • Oct 2, 2019 7:38pm Oct 2, 2019 7:38pm
Quoting huatboyz
I decided to start this journal to keep track of my own performance as I aimed to achieve 300K within 2 years. I have calculated, 1% a day, 25% monthly (let's make it simple), 1.25^21 = 10800% x 3,000 = 325K in 21 months. As long as I achieved 1% daily consistently for 21 months, I can achieve my goal of 300K. I will be updating results frequently in this thread to constantly remind myself of the goal. Wish me luck. Cheers.
1%
2 years = 512 trading days,
so to achieve 100 doubles (3,000---->300,000)
daily percent should be 100%* { 10^[log(300,000/3,000)/512] - 1} = 0.9035 %
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #19
  • Oct 9, 2019 7:47pm Oct 9, 2019 7:47pm
7.2k pips now. Hope can get more in Oct.
Pips Collector EA, No Martingale, No Grid
  • #20
  • Oct 22, 2019 8:17am Oct 22, 2019 8:17am
Already doubled my account from initial capital of $1,500. Hope to multiply quickly.
Pips Collector EA, No Martingale, No Grid
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