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Author Topic: My Trade Journey from $10 - $100k ... Wish Me Luck  (Read 1792 times)

Offline wakeel

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My Trade Journey from $10 - $100k ... Wish Me Luck
« on: August 25, 2018, 03:24:15 PM »
Developed a manual trading strategy whereby I get to monitor 29 pairs to try and identify good trends. These include all major currencies paired against each other and XAUUSD. Then I trade off the continuation of the identified trend, a price area less susceptible to large retraces/pullbacks.

Taking to account possible retrace extents on the trend I've chosen to trade, I intend pushing my strategy to its limit by risking high lot sizes which involves me starting my trade with a small amount I'm willing to lose. My aim right now is to reach $100k (or whatever limit my broker imposes on my current leverage) & hope the market doesn't get to blow me out...   ;D ;D ;D :o :-X :-X

So I'm going to break my trade journey into different phases below, marking my current phase with an {x}:
Phase 1: $10         - $100        {x}
Phase 2: $100      - $1,000
Phase 3: $1,000   - $10,000
Phase 4: $10,000 - $100,000  :) ;) :D ;D :o 8) ??? ::) :P :-\ :-*
« Last Edit: August 25, 2018, 03:27:10 PM by wakeel »

Offline wallstreet.forex.robot

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Re: My Trade Journey from $10 - $100k ... Wish Me Luck
« Reply #1 on: August 25, 2018, 03:39:17 PM »
Your chances are 10/100 000 = 1/10 000  :D

I would start with $1000 - it is a lithe difference at the start, but at the end you will be a millionaire  ;)
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Offline sugiatno

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Re: My Trade Journey from $10 - $100k ... Wish Me Luck
« Reply #2 on: August 25, 2018, 04:12:48 PM »
Any myfxbook or fxblue? So we can follow the progress. What is your strategy?

Offline wakeel

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Re: My Trade Journey from $10 - $100k ... Wish Me Luck
« Reply #3 on: August 25, 2018, 05:21:28 PM »
Any myfxbook or fxblue? So we can follow the progress. What is your strategy?
Just click on the widget below in my signature.

As explained earlier it's a trend follower strategy. I wait for the trends to establish themselves (using the H1 & H4 charts) and observe if it's good enough to trade it's continuation as not all trends develop such opportunities.
Then I trade the continuation if the price action setup is right.

Offline wakeel

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Re: My Trade Journey from $10 - $100k ... Wish Me Luck
« Reply #4 on: August 25, 2018, 05:30:12 PM »
Your chances are 10/100 000 = 1/10 000  :D

I would start with $1000 - it is a lithe difference at the start, but at the end you will be a millionaire  ;)
Lol ... don't wanna risk that high. w/o a blowout I should be able to hit $1k in about a month or two  8)

Offline Loperte

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Re: My Trade Journey from $10 - $100k ... Wish Me Luck
« Reply #5 on: December 19, 2018, 06:58:09 AM »
It would be very interesting journey to make 100K from 10 bucks. And a quite challenging strategy, I must admit. However, if this strategy fits for you than go for it. Try it and please keep us informed here on forum. I find it very amusing.

 

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