GBP/USD Limit moved up to 1.5800.
Trades closed for $30.12. Account Balance now $160.15.
Long NZD/USD 0.8285, Stop 0.8234, Limit 0.8490
NZD/USD buy order cancelled.
Long GBP/USD 1.5835, Stop 1.5780, Limit 1.6060
Long EUR/USD 1.3155, Stop 1.3120, Limit 1.3290
EUR/USD Long entry changed to 1.3150, Stop changed to 1.3110
Trades closed for $4.40. Account balance now $164.55. See you all next week.
Hey man, wish you luck.
Im a big advocate for these types of “make it rich quick” strats and MoneyManagement runs. Everyone here knows this, im sure, lol…
Im currently in the process of this right now also…
5-20% a day gaines, but 5% consistanly.
I can tell you right now, your not going to reach the end day, with favorable account balance…
Your letting your losses gain steam, your losing to many trades… at day 9, your wayyyyyyyyy behind, as the early days, are the important days…
You should be in the area of $460 right now… Am I right? So, really, you now need 71 days, FROM TODAY, with 10% to hit your goal, because you are now 10 days behind…
With this type of moneyMangement, YOU CANT LOSE BACK TO BACK TRADES, and you SHOULDNT risk more then previoud days gaines… So, you lose 1 day, not 5… Really, it shoudl be less then 50% last day, so 100% last day is extream, but shoudnt be an issue anyways…
Hi MoneyNVRSleeps,
I am reviewing my approach this weekend to see how I can make some improvements in the coming weeks. Yes I know I am behind and you are right I should be at around $460. Still not too late though. More can be done in the mid to latter days with favorable results.
Even if I come short of my goal, I would like to see how close I can make it, and then revise the goal for my next project.
All the best with yours!
Yeah Pip, just know Im far from rippin ya, just throwing stuff out there…
Keep with it bud,
And great profits to ya,
Appreciate it MNS!
Short EUR/USD 1.3200, Stop 1.3260, Limit 1.2930
Short GBP/USD 1.5850, Stop 1.5895, Limit 1.5640