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$409k Challenge

  • #121
  • Feb 4, 2020 9:02am Feb 4, 2020 9:02am
Quoting mrdfx
Took 2 quick scalps today to add +6.4%. Things are going good and technically I'm almost 1 week ahead for February. I'll use this extra % for those days when I don't find any opportunities or I'm unable to trade that day. EDIT: Ok ok I couldn't resist. I found some more opportunities and took them, added another +5.4%, done for today! {image}
you are my inspiration.
  • #122
  • Feb 5, 2020 6:15am Feb 5, 2020 6:15am
schoolboy error yesterday, no opportunities early morning so I tried to make them up I think, then off to work. So have written "failed" in the diary and the reason why, hopefully learn that the trades you want aren't always there. Hopefully make it up over the remainder of this week, we will see.
  • #123
  • Feb 5, 2020 3:09pm Feb 5, 2020 3:09pm
I have been getting some PM's from people asking if I do or offer a copy trading or signal service. No I do not.

I do not do any copy trading or have any kind of signals service.

This is a personal journal of me keeping track of my trading for this challenge and as I mentioned in the first post you are welcome to follow and join along if you want.

Green pips!
Truth is like poetry. And most people f*cking hate poetry.
  • #124
  • Feb 5, 2020 5:40pm Feb 5, 2020 5:40pm
I do not wish to be rude but if folks can not find a 5 x10 pip trades a week they should not be trading......28+ pairs available.
I have found 45 trades in 3 days so it is not hard.....
Good trading to all.
R
Ronnie Renko
  • #125
  • Feb 5, 2020 5:58pm Feb 5, 2020 5:58pm
Quoting Ced74
I do not wish to be rude but if folks can not find a 5 x10 pip trades a week they should not be trading......28+ pairs available. I have found 45 trades in 3 days so it is not hard..... Good trading to all. R
majority people here in FF still lose money. LOL.
  • #126
  • Feb 5, 2020 6:18pm Feb 5, 2020 6:18pm
Quoting NoNonSenseFX
{quote} majority people here in FF still lose money. LOL.
If they put in the hard work they should not be in that position...I put in 24/7.....No free lunches in life.
R
Ronnie Renko
  • #127
  • Feb 6, 2020 6:04am Feb 6, 2020 6:04am
Haven't found many opportunities on my favorite trading pair today, but I did get 2 small scalps to make +3.6% and bring the account to +207% which is over half way to this months target.

February has been really good, this week has been very good and I am now 1 week ahead of the target.
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Truth is like poetry. And most people f*cking hate poetry.
  • #128
  • Feb 6, 2020 6:13am Feb 6, 2020 6:13am
Hi mrdfx,

Your approach to the market only work with gold?
Or why only gold?

Thank in advance, and keep the good work.

Tudo de bom, companheiro.
Uncertainty of the market must be embraced and accepted.
  • #129
  • Feb 6, 2020 7:56am Feb 6, 2020 7:56am
Quoting mrdfx
Haven't found many opportunities on my favorite trading pair today, but I did get 2 small scalps to make +3.6% and bring the account to +207% which is over half way to this months target. February has been really good, this week has been very good and I am now 1 week ahead of the target. {image}
Ok guess I was not done for the day, added another +5% to the total bringing up the balance to +222%.
Truth is like poetry. And most people f*cking hate poetry.
  • #130
  • Feb 6, 2020 7:59am Feb 6, 2020 7:59am
Quoting slb
Hi mrdfx, Your approach to the market only work with gold? Or why only gold? Thank in advance, and keep the good work. Tudo de bom, companheiro.
Hi slb, no it can work on any market I would think. Trading Gold is my personal preference for this challenge, but any pair can be traded.

Like I said in the first post this is not a strategy per say its more of a money management approach using compounding, so any strategy and market can be applied.
Truth is like poetry. And most people f*cking hate poetry.
  • #131
  • Feb 6, 2020 9:41am Feb 6, 2020 9:41am
master one pair and you will be very profitable.
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  • #132
  • Feb 6, 2020 12:48pm Feb 6, 2020 12:48pm
Quoting mrdfx
Haven't found many opportunities on my favorite trading pair today, but I did get 2 small scalps to make +3.6% and bring the account to +207% which is over half way to this months target. February has been really good, this week has been very good and I am now 1 week ahead of the target. {image}
Good. ;-) Hope it lasts for you.
Gone to a better place
  • #133
  • Feb 6, 2020 2:34pm Feb 6, 2020 2:34pm
Quoting Ced74
I do not wish to be rude but if folks can not find a 5 x10 pip trades a week they should not be trading......28+ pairs available. I have found 45 trades in 3 days so it is not hard..... Good trading to all. R
Perhaps not hard when you have been at it a while, like all things it takes time to learn and I hope I am learning. No point getting older unless you get wiser right? So with only a few months under my belt all the while trying to work to pay the bills, it may be a while before I can spot most of the good from the bad. Got my 13 pips today and then some, so hopefully as the year goes on I can learn to keep to a strategy and keep emotions at bay, I seem to make a mess of it when I stray from my rules (which may be wrong anyway). At the moment I look at a few pairs on 1hr charts, perhaps I need to be looking elsewhere or at it differently, either way it is learning, unfortunately sometimes by mistakes. I am absolutely loving it and hope that one day I can be half as good as some on here.
  • #134
  • Feb 6, 2020 3:48pm Feb 6, 2020 3:48pm
Quoting smikester
{quote} Good. ;-) Hope it lasts for you.
Thank you!
Truth is like poetry. And most people f*cking hate poetry.
  • #135
  • Feb 7, 2020 7:42am Feb 7, 2020 7:42am
Phew today had me a little worried.

I made a rookie mistake and bought at the top trying to follow the bullish momentum and shortly after got stuck in some unwanted DD, and today being NFP of all days LOL!

I also didn't really need to trade today as I'm ahead of schedule, but I took the unneeded risk and luckily NFP played out in my favor.
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Truth is like poetry. And most people f*cking hate poetry.
  • #136
  • Feb 7, 2020 11:41am Feb 7, 2020 11:41am
Hello
I want start this Challenge, 10 pips a day on XAUUSD is easy. This coin moves 800-1000+ pips a day.
the problem on the long run, 1 year is long time. you have to be very disciplined.
From reading this Thread i Believe in you that you can do it.
Anyway i deposited 100$ and starting from Monday
  • #137
  • Feb 7, 2020 12:06pm Feb 7, 2020 12:06pm
hi mrdfx. I need talk to you. Please!
  • #138
  • Feb 7, 2020 12:36pm Feb 7, 2020 12:36pm
Quoting power0912
Hello I want start this Challenge, 10 pips a day on XAUUSD is easy. This coin moves 800-1000+ pips a day. the problem on the long run, 1 year is long time. you have to be very disciplined. From reading this Thread i Believe in you that you can do it. Anyway i deposited 100$ and starting from Monday
Hi power0912, great, welcome!
Truth is like poetry. And most people f*cking hate poetry.
  • #139
  • Edited 9:59am Feb 11, 2020 9:39am | Edited 9:59am
Hello, i started this challange 5 days ago, if you can assume a risk and have a proper risk management and you feel confident with your strategy, this can work. Good luck all.
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  • #140
  • Feb 11, 2020 9:43am Feb 11, 2020 9:43am
Nice work
Gold is weird, Bad news for usd and he goes down

i finished first 2 days
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