Hi, Im just going over your FXbook 
Do you have rules about capping risk after a loss?
Btw, wish I would dare join you but Im not ready either 
Hey bro 
Well this is what that part of my trading plan says:
[I][B]2.1. Risk Management:[/B]
2.1.1. Risk reduction technique applied:
A 2% loss will be succeeded by a 1% capital at risk trade.
A further 1% loss will be succeeded by a 0.5% capital at risk trade.
Further 0.5% losses will be succeeded by 0.5% capital at risk trades.
A 0.5% risked trade which results in a 2:1 reward will be succeeded by a 1% risked trade.
A 1% risked trade which results in a 2:1 reward will be succeeded by a 2% risked trade.
[/I]
I am aiming to trade as little as possible, targeting only the best of trades. Thatās why I may sometimes trade multiple 2% trades consecutively even when one is a loss. The caveat is that if my balance ever dips below 0% ROI then I immediately cut risk heavily according to the above plan.
Iām looking forward to seeing others joining, so keep at it bro! 
Nice work! Hope you dont mind Im copying your rules, those are pretty easy to follow(I have rules for when to step down the risk, but not for when to step it up 
)
I have secretly joined in, opened my first ever live account 2 weeks ago, but havent made my first trade yet so lagging behind
GLGT!
I didnāt do to good with the halving your risk rule. It had more of an impact on my psyche than keeping a constant 1%. It got to me that I had to make 2x to winning trades or double the pips to get back. I feel it made me over trade. Just my take on it. Iām a lot more relaxed now with a constant 1%.
Stopped out by exactly 1 pipā¦ are you freaking kidding meā¦
Hey, for craps and giggles, but really great practice, Can I join in with ya with a demo? Will run this SAME account till I have funds, Be a good test for meā¦ Iāll start with $500, realistic deposit.
If I were you, I would go for it MoneyNVRSleeps. The only thing is to make sure you would treat the demo as if it was your real account. Exerting extreme discipline on it and absolutely pure charts as if your money was on it
Inspiring stuff so far PM! 8.5% gain and 388 pips! :32:I know youāre trading using ICTās concepts but it is almost more encouraging to see one of his students implementing them so effectively. Keep up the good work!!
Great job PM!!! Keep up the good work
Looking good buddy, ill keep an eye out for your fxbook account!
I am doing it as well, but I do not want to start a new thread so I will post myfxbook in here. I have sprinkled the link through ICTās threads, but those are maaaaaassive.
Good luck.
Nice start, PM. Keep it up and maintain your focus. You got this. GL.
Starting to enjoy a consistent win basis since joining BabyPips and reading a lot of ICT and others material. So decided to split my main account to roll with you PM and join in the fun with anyone else who is taking this journey with ICT on the challenge.
Not got a lot I can afford to lose can at the moment, so the account is very small @ Ā£50.00 to start. Once the level reaches Ā£55.00 I will add a further Ā£75 from my main account to bring the deposits up to Ā£125.00.
Basically its 1/40th of ICTās investment, so the target over the next 36 months is Ā£25K to bring it to an equivalent accumulation level. Lets see how close I get
Will mostly be trading the AUD pairs with a focus on AUD/JPY and AUD/USD with some EURā¦GBP/AUD in the mix.
Linky Doo below
Oh this sucks, I cant list my Fxbook here as I donāt trade ICTās methods - no point comparing apples to oranges I guess!!
Shure you can, ICT has challengede everybody, including MasterGunner, Banker etc, and they all have different styles, methods etc
Ha, in that case I will gloat away
Only started this account on the 15th January.
Beta Test Account System | Myfxbook
Jezz!
Btw, offtopic, congrats on becoming one of the FX-Men!
Ha, thanks - although it just goes to show I spend to much time here while waiting for trading set-ups!
Just in case anyone was wondering about my account and why there were no trades last weekā¦ it was because I was in Las Vegas for a work conference back at it this week.
Hi Folks, let me join the race too. I will try to turn $85 into $10,000 in one year starting now.
Trading 5% risk using ICTās methods.
I think there will be close to zero chance I can pull this off, but hey at least I will have some fun.