The Race

[gandalf33 10]

I don't know you guys, but based on what I know about trading, reading your posts makes me believe you are 'behind the water' as we say here, making enough money for a living by trading, enabling you setting < $3k aside for this "little" sideplay.

 

From you, whom trading levels I hope to reach one day, reading comments about your losing days and basic mistakes like chasing trades, etc. is incredibly alleviating, inspiring, and it gives me personally the ultimate signal that I can conquer my trading emotions - it can be done, seeing with my own eyes that pros encounter them as well and are still profitable.

 

This looks like this will be an incredibly inspiring thread to me, so keep going, good luck to you all as I believe luck is involved here in a certain degree, and I acknowledge the only limitations are in our heads (referring to the 30%-ish annual gain Mouse mentioned here). Regards.

[sicktrader 10]

Here is my statement that was due this morning, this does not include my euro loss as that was today.

[fxThunder 10]

I don't know you guys, but based on what I know about trading, reading your posts makes me believe you are 'behind the water' as we say here, making enough money for a living by trading, enabling you setting < $3k aside for this "little" sideplay.

 

From you, whom trading levels I hope to reach one day, reading comments about your losing days and basic mistakes like chasing trades, etc. is incredibly alleviating, inspiring, and it gives me personally the ultimate signal that I can conquer my trading emotions - it can be done, seeing with my own eyes that pros encounter them as well and are still profitable.

 

This looks like this will be an incredibly inspiring thread to me, so keep going, good luck to you all as I believe luck is involved here in a certain degree, and I acknowledge the only limitations are in our heads (referring to the 30%-ish annual gain Mouse mentioned here). Regards.

 

I, for one, always take tremendous inspiration from real life success stories and I do think this thread has the potential to spawn at least one or two of those.

 

Cheers,

fxT

[thalestrader 14]

Got a problem with a contestant "shifting gears", transferring funds from a min-FX account into a regular one once the account balance grows to that point?

 

Hi dwt,

 

I was just going back through the thread and I caught your question about shifting gears - I have no problem with that at all. I doubt any of the other participants would have any objections, though they should speak now or forever hold their peace. I myself have considered taking some profits, should they accrue sufficiently, and opening a second account (seeded, of course, out of the profits on the initial stake) and adding stock and option swing trades to the futures trades in my quest for the elusive (some, would no doubt say "illusive") million dollars.

 

You can start with a microfx account, roll into a futures or ECN forex account, etc. and so on.

 

Best Wishes,

 

Thales

[sicktrader 10]

Ok, in short on the aus at 9017. Going for 40 - 50 points. At the current time my stop is at 9060, though I hope that will be changed.

[sicktrader 10]

Moved my stop to .9065.

[MightyMouse 12]

Ok, in short on the aus at 9017. Going for 40 - 50 points. At the current time my stop is at 9060, though I hope that will be changed.

 

Sick, are you trading 6A futures?

[sicktrader 10]

Sick, are you trading 6A futures?

 

 

Yes, I am. Hoping for some positive results.

[bathrobe 10]

Today I was like a rollercoaster +18.72

[thalestrader 14]

Hi Folks,

 

I managed to check things out briefly yesterday afternoon. I had one trade on the 6E that I unfortunately had to cut short when I had to leave for the rest of the day.

 

 

Best Wishes,

 

Thales

[sicktrader 10]

I took it on the chin yesterday, but back positive for the week after a good morning today.

[enochbenjamin 10]

I took it on the chin yesterday, but back positive for the week after a good morning today.

 

ditto! Except not positive on he week :-( Did good this am by switching to QM to withstand the surge in volitility in oil.

[yeaheah 10]

I won't trade with the Oanda account any longer because of the small leverage.

 

Yesterday i've opened an account with Exness who offers a max. leverage 1:1000

 

The starting balance is $99

 

 

Let's see how this will work out.

 

Don't know if i trade today or tomorrow.

[fxThunder 10]

Today's results.....

 

Cheers,

fxT

[amswak 10]

Just wondering, how did everyone do today with the crazy US market ride? I was at work when it all happened and missed the fun...

[sicktrader 10]

Quite a wild ride for me. Won 50pts on the AUS, lost 27 on the Euro, then won 30 on the Euro. While I trade all of my set-ups, these days I pray that if it's on the Euro I am going short.

[thalestrader 14]

Off to an appalling start.

 

40% gone on my first day.

 

Hi there, ADarkerRattlingMe,

 

Am I reading your statement correctly? Were you trading 3 lot positions?

 

Best Wishes,

 

Thales

[thalestrader 14]

I won't trade with the Oanda account any longer because of the small leverage.

 

Yesterday i've opened an account with Exness who offers a max. leverage 1:1000

 

The starting balance is $99

 

It's fine to switch accounts yeaheah, but do make sure to include a final pnl from the Oanda account when you PM with your weekly totals on Saturday.

 

Best Wishes,

 

Thales

[thalestrader 14]

ditto! Except not positive on he week :-( Did good this am by switching to QM to withstand the surge in volitility in oil.

 

What happened to your $200/day loss limit?

 

Best Wishes,

 

Thales

[yeaheah 10]

It's fine to switch accounts yeaheah, but do make sure to include a final pnl from the Oanda account when you PM with your weekly totals on Saturday.

 

Best Wishes,

 

Thales

 

Hey know what.

 

I will continue trading the Oanda account to test some crazy strategies.

 

So i will trade here with two different accounts and will report for both every day/week.

[thalestrader 14]

Hey know what.

 

I will continue trading the Oanda account to test some crazy strategies.

 

So i will trade here with two different accounts and will report for both every day/week.

 

No problem. I'll add the $99 to your starting capital total. Good Luck!

 

Best Wishes,

 

Thales

[thalestrader 14]

Hi Folks,

 

I had no trades last night or today, so I will not be posting an updated statement tomorrow. My next statement will be posted Saturday morning.

 

Best Wishes,

 

Thales

[ADarkerRattlingMe 10]

Hi there, ADarkerRattlingMe,

 

Am I reading your statement correctly? Were you trading 3 lot positions?

 

Best Wishes,

 

Thales

 

 

Correct.

 

Bit steep perhaps - but it was only the Emini.

 

Cheercs,

DRM

[thalestrader 14]

Hi Racers,

 

Just a reminder that I need your week ending equity PM'd to me by noon EDT on Sunday. I will post the weekly summary Sunday afternoon.

 

Also, if you had trades yesterday and have not done so, please post a pic of of your daily statement.

 

Best Wishes,

 

Thales

[sicktrader 10]

Here is my statement for yesterday. This morning was bad. Had my stop set wrong, off by four points. Just hit my stop, then went on to be a fantasy winner, instead I lost 27. Then got in the CAD, and that was a 12 pt. loser. Just ended the day with a 50 pt. winner on the Euro, which was much needed. Up around 360 for the week, not where I hoped to be, but not bad.