Postby prochargedmopar » Fri Sep 02, 2016 2:17 pm
MightyOne wrote:
As of Monday, September 28th, 2009 I shall record live trades
here.
I shall attempt to grow a micro account from $450 to $450,000
using the least amount of skill and greatest amount of luck --->
including entering trades with a rabbit's foot
While this account is purely for fun I will try my best to take
it seriously
The money management to be used shall be:
(8 pip stop loss)
per.$400: 9 micro
9: target: 3-6-25 = +2.549%
target 3-6-25 = exit 1/3 at +3, 6, & 25 pips.
If stopped at -8 after:
1. Immediately wrong: -1.8%
2. Exiting 1/3 at + 3: -0.97%
3. Exiting 1/3 at + 6: +0.075%
Method of entry:
Place trades on a 1 minute chart when I feel that there is a high
probability of making 6 pips so that I will have a free shot at a
2.549% gain.
Focus of Account (besides not losing money):
1. 100% in 21 days
2. 50% in 21 days
3. 25% in 21 days
Reaching goal 1: 5 stars
Reaching goal 2: 3 stars
Reaching goal 3: 2 stars
Reaching all 3 goals: 10 stars
Percent gain shall be calculated against a multiple of $400.