Hello all. I’m an experienced trader, currently working at one of the world’s largest bank as an analyst in fund/asset management. However, in that fund, I only deal with Asian equities. Yes, I’m Asian if that matters.
I am hoping to push boundaries and create a rags to riches story. I intend to trade SGD 2,000 to SGD 1,000,000, thereby creating a fairytale and more importantly, a legacy.
I will consider all possible trades to get there. Ideally, I will execute a big trade daily and also scalp 1 or 2 trades.
Ideally, I will also be doing some withdrawals along the way.
I forgot to mention in my first post that I live in Singapore, timezone GMT +8. The date right now is 15 Feb 2023, 22:56. The day would be nearly over.
First trade was a Silver long from $20.549 to $20.615, making $441.06. I believe there is more upside, but Silver is sluggish today, so perhaps a rotation out would make sense.
22% on Day 1. Not a bad start but disappointed that the Silver trade didn’t reap more returns. Was looking at $1,000 but could only grab $440. Nonetheless, let’s roll.
Leaving a trade to run, if it hits TP, the ROI would be 10% (barely, but still). If we can make 10% a day, just on $2,000, after 100 days, the figure will snowball to $27.5 million. 100 days is very long, let’s focus on 30 days first.
Key timings to note would be:
Australia’s employment data at 08:30.
USA’s Initial Jobless Claims at 21:30.
Hopefully the running trade hits TP before 08:30 and I will be able to participate on AUD pairs.
Trade 2 wasn’t that good, didn’t get 10%, only managed 9.7% lol. I switched from Silver long to Gold long but it didn’t move fast enough for me to avoid the triple swap. Paid $107 in swap. Still managed $200+ profit.
Trade 3 was good, although it wasn’t as good as I hope it to be. Still, I managed to bag $1,000 from it. I want to stay nimble for NY session. Today’s profit stands at $1,286, which is 50% gain. That’s great.
I like this courage, I think we are thinking along the same line,
I want to have an account where I attain at least 2% gain per trade and the dd should be less than 2%. This account will be my master account. I will then have another account. I will copy signals from the first account. I will increase the risk 10 times (for the seond account) that means I have 20% gain or 20% loss depending on the performance of the master account
If you’re able to do this, why not trade with a larger account? Why play around with $2,000? That’s nothing. If you can trade like this, why not trade a $50k account and start making real money?
This is a new system, too much risk to use huge capital.
Legacy, rags to riches.
Reason 2 is not done for fun. I aspire to open a hedge fund and if this kind of insane results can continue, well, I think I can open a hedge fund and easily attract many clients.
I have many other commitments such as mortgage.
Thank you for showing interest in my journal! May I inquire where are you from? I’m from Singapore, cheers!
