Experiment: $100 to $1,000,000 USD in 155 Steps - Page 3
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Thread: Experiment: $100 to $1,000,000 USD in 155 Steps

  1. #21
    Jealous???
    I encourage you, and hope you'll success on your own way!
    That's a fantastic idea!

  2. #22
    Holding a terrible trade. . I expect it to remain stagnet until levels return up. Will probably upgrade Wednesday...

  3. #23
    Hi FCX,

    It is quite a interesting experiment u r doing and that I hope u a victory.

    The only tip I have is if I saw your prior trades - you just long Euro... This might be a fantastic egy at this point because euro seems to be quite strong since April. However you might have to consider to take trade either side rather than just long. Considering your experimentation may last 6months long, one should consider either side of trade.

    Anyhow. I hope you have great success.

  4. #24
    Quote Originally Posted by ;
    Hello,

    it is fairly a interesting experiment u r doing and I hope u a victory.

    The only tip I have is if I watched your previous transactions - you only long Euro... This may be a fantastic egy at this point because euro appears to be quite strong since April. However you may have to consider to take trade both sides instead of just long. Considering that your experimentation may last 6 months , an individual should consider both sides of trade.

    Anyhow. I hope you have great success.
    Hey Puppy,

    Long isn't some egy I've. It just so happens that I have went for nearly all them. I believe I have 1 or 2 shorts in there with this experiment, but I might be wrong.

    I'm working on a program that identifies big movements and alerts me via audio systems throughout my property. I'm tired of missing all of the great moves!

    Thank you for your attention and support!

  5. #25
    STEP 7: COMPLETED (6/06/06):
    4,000 S 1.2747 - S 1.2742 - 5 pips
    4,000 B 1.2742 - S 1.2747 - 5 pips
    4,000 S 1.2875 - B 1.2871 - 4 pips
    4,000 S 1.2868 - B 1.2863 - 5 pips
    4,000 S 1.2857 - B 1.2852 - 5 pips
    Comments: Still carrying a bad trade... but I'm sure it will be corrected in time as we go back up. I may or may not finish step 8 before that.

    Profit: $9.60 (0.40/pip)
    Previous account balance: $170.00
    New account balance: $179.54(gained .29 in premiums)

  6. #26
    Crossing my fingers for you. . (long myself on 1.2750)

    There is a good trendline connecting the lowest 4H candles from 26th of may, june the 1st en which one of today (on my timeline the one of 5 am).

    The 1.2745 has been razorsharp stop! lol. . I had my buylimit set up for 1.2750, went 1 pip under, but not more. Remembered you had a stop there so was hoping for the two of us the lineup would hold

    What would be your B/E and profit levels if I may ask?

    L.A.

    PS: Hoping for a complete swing back up, but IMHO there's a tough downward line on 4H that is currently -on my own charts- about 1.2795. . Anyway still hoping for a complete return back up. . Don't think it will hit on your 1.2745 stop. . (But I am not the type of person to have the ability to forecast anything though. Surely not with the news. .)

  7. #27
    Quote Originally Posted by ;
    Crossing my fingers for you. . (long myself on 1.2750)

    (However, I'm not the type of person to have the ability to forecast anything though. Certainly not with the news. .)
    Hope it goes for you,

    recall though....no one can predict anything (not just you). At least you realise it, cause I guess anyone who actually thinks they can wont continue long in forex....

    John

  8. #28
    I am aware there are platforms out there what's going to permit you to trade several thousand lots in a single order - for those of you that don't need to order several blocks

  9. #29
    Quote Originally Posted by ;
    I know that there are platforms out there what's going to permit you to trade a few thousand lots in one order - for those of you that do not need to order several blocks
    Any recommendations?

    And by the way boys and gals... I will be re-funding the account!! Stops hit!!

    Take TWO!

    P.S.- I suppose a round will have to be significantly more careful in my part. I shall resume by the end of this week/early next week...

  10. #30
    Quote Originally Posted by ;
    Any recommendations?

    And by how boys and gals... I will be re-funding the account!! Stops hit!!

    Require TWO!

    P.S.- I guess a round will have to be significantly more attentive on my part. I shall resume by the end of this week/early next week...
    And just because I was about to enter to this post.

    Well I hope you have logged all info regarding why you traded and such and such. Did you use a movie screen capture s/w? If not then please do so this time around.


    Maybe you could reduce your stop loss size to 10-40 pips and also aim for 20-100 pips of wonderful profit. Perhaps you could half how many lots you would place for each step. Maybe go deep into'significant news' sessions, and cut back in sessions with minimal news or data? I have made my greatest profit amounts during'big news', its fast and easy (in case your unemotional and professional).

    Then again you can do it all over again and keep repeating it everytime you blow the small the account, until you get to 22nd Dec 2006. Then review it all, with your observations written and recorded. After that hopefully we can see some sort of report. Would be lovely if you could draw up the report online, with written and video transcripts as well as all.

    Though I am not sure this could be accomplished by one individual, possibly a team will be suited to this task. The major FX playing associations do this, I knowI knowthey all get paid fat amounts.

    Oh yes I wanted to include something from the beginning. Do you have $10million to make $1million from $100? If you do not, then a fantastic idea for the ending claimant for the mill... give it to some charity or into... Yeah, make this experimentation to raise cash for charity. I am sure that will ease some of the strains of trading. Notably the greed part!

    I really do believe that is a fantastic idea, what do you think?

    -me

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