$50000 Challenge

Will the challenge be won the public consensus at this point is:
24% (Yes), 61% (No), 15% (Not sure)

All todays positions are currently in profitable positions, if you have placed my positions then you also will be in profit and would advise you to close you trades.

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

Will the challenge be won the public consensus at this point is:
26% (Yes), 60% (No), 14% (Not sure)

Positions have entered positive p/l for the second time based on reversing hedge.

For most up to date report goto you know where and please vote.

I shall be publishing another set of positions again sometime this week at 11 pm GMT.

Will the challenge be won the public consensus at this point is:
26% (Yes), 60% (No), 14% (Not sure)

Another volatile day however its been very profitable.

Balance:
$49,056

Equity:
$45,550

Current Performance
-16.1%

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

Currently making huge returns and broken initial investment to the upside.

Balance:
$50,894

Equity:
$50,422

Current Performance
-8%

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

  • Placing these positions remain your own responsibility in regards to outcome and should be taken as an expert opinion not a guarantee.

Very volatile day with major swings, however it was very profitable and we hope it continues.

Thursdays positions will be publish within the next few hours at you know where, place or change your vote.

  • You are fully responsible for any losses you may incur be sensible with the amount of risk you expose yourself to.

Balance:
$54,044

Equity:
$54,044

Current Performance
-2.3%

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

Vote ! It makes it even more interesting.

Yesterday was a very profitable day above initial investment and almost back on schedule.

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

Today has been outstanding not only did the model manage the risk of volatile markets, it also produced the second highest daily return since this challenge begun at 10.6% the highest being 18.6%. Furthermore the model is now outperforming its targets by 5.9%.

For those who placed my published positions would have made generous profits.

Balance:
$59,789

Equity:
$59,789

Current Performance
+5.9%

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

Yesterday was the second most profitable day with a return of 10.6%.

Next Target
$2000

Will the challenge be won the public consensus at this point is:
25% (Yes), 59% (No), 16% (Not sure)

This week has been another turbulent one however the model has been outstanding, not only has it managed risk its recovered its losses of the previous week and back on schedule. Current performance is beyond the expectation required of the challenge.

Balance:
$61,199

Equity:
$59,393

Current Performance
+6.0%

Will the challenge be won the public consensus at this point is:
26% (Yes), 60% (No), 14% (Not sure)

Will the challenge be won the public consensus at this point is:
27% (Yes), 59% (No), 14% (Not sure)

Why don’t you increase the challenge from 50k to 1 million? That will have a greater impact.

That would take 4 - 5 months a bit to long to prove something. But thanks for the tip. Besides 50,000 to 100,000 is challenging enough.

Your comment has been respectfully received.

Another week of trading ahead volatility expected to continue. I will publish tuesday’s positions on Monday around 11 p.m GMT.

Balance:
$61,199

Equity:
$59,393

Current Performance
+6.0%

Will the challenge be won the public consensus at this point is:
28% (Yes), 59% (No), 13% (Not sure)

Will the challenge be won the public consensus at this point is:
30% (Yes), 57.5% (No), 12.5% (Not sure)

60% of last weeks gains lost as markets return back from holiday indecisive. A lesson to learn perhaps skip long weekend holiday trading an obvious disconnect for the model.

Balance:
$50,974

Equity:
$50,974

Current Performance
-13.9%

Will the challenge be won the public consensus at this point is:
30% (Yes), 57.5% (No), 12.5% (Not sure)

Tuesdays positions have now been published

Will the challenge be won the public consensus at this point is:
29% (Yes), 59% (No), 12% (Not sure)

Will the challenge be won the public consensus at this point is:
30% (Yes), 58% (No), 12% (Not sure)

Today the model is still suffering from the Easter holiday, however some gains were made by additional hedging. Those that took up position would have made little profits and likely losses. However this is obviously having great impact on the bottom line and my moral. It’s proving to be challenging but I remain confident.

  • Note: for those that do not know I am trading 7 pairs simultaneously one day in advance using price only.

Balance:
$55,053

Equity:
$48,974

Current Performance
-9.6%

Will the challenge be won the public consensus at this point is:
30% (Yes), 58% (No), 12% (Not sure)