Good day my fellow traders.
The gods have giving me a 50k IF one-phase challange, with a 10 procent profit target.
Will be using a simple London Breakout out strategy on EURUSD.
Will be using 1.3 procent risk per trade.
When i am in a bad DD, i will lower my risk to 0.5 a trade.
I close all trades 1 hour before market close.
The trade of today, its looking good.
I always use a 30 Pip TP, SL is the first 1 HOUR candle of the london opening.
When RR is less then 1:1 i dont take the trade.
Sounds a good thing to try, and a sensible way to try it. Wishing you good luck with it, and thanks for posting your Journal here. Many of us will be watching with fingers crossed for you.
Just a tiny bit surprised to hear this part. I’m guessing you must have backtested and shown that this is the right thing to do, overall? I’m asking just because I know some people using this and/or very similar methods who always take the trade right down to an R of 0.5:1, and say that in the long run it pays?
But good luck anyway, and welcome to the forum! 
Good luck with it, Bobo.
(10% seems rather high? The $50k evaluations I’ve seen require $2,500 or $3,000 profit. There’s presumably no time-limit?).
Jup, 30 PIPS TP is good for this:)
Yeaah, there is no time limit.
Trade is coming down again.
Few hours to go still.
I think we end the day in a small loss, or small profit.
And thats fine.
Alright, today ended in a full lose. So, -1 R.
alright, we are in a long.
Lets see how that works out.
SL is close.
eurusd creeping up again, NFP in 45 minutes. ■■■■ will hit the fan.
20 min till NFP, will be taking 0,50 % off both trades for safety
Bad day,
Did NOT stick to the plan. I am not trading NFP ever againXD
At -3.5% now.
Got a xauusd trade open at +1 R right now.
Leaving for some hours.
If BE hits. It’s -3.5
-3.5 % it is.
Still in the game.
Stickiing to the plan next week
