How I'm turning my $1.500 into $1.000.000

[peti305]

I like your approach peti305.
It has some balls attached.

Open up a separate account where you dump tiny amounts of money , the most leverage you can get and the maximum risk.It helps take the edge off.

Thank you.

Actually I was thinking to do a similar thing.
I had an idea to start an account with $100 and risk always 50% of the current equity.
I select the very best news with ~80% success rate and trade with my 2:1 win ratio, so each trade would cut to half, or double up my account.
My problem is, I couldn't find any broker so far who allows to take huge risk and has normal trading conditions right after huge news events.

 

[peti305]

On 22th Jan I traded the Australian CPI, and bought AUDUSD.

I ended up with break even. If I didn't close it, it would've been a win too.

 

[peti305]

Also on 22th Jan I traded the Canadian Interest Rate Statement, and bought USDCAD.

Won 30 pips.




January starting to be good, and we have a week with big news ahead

 

[LoRio]

Thank you.

Actually I was thinking to do a similar thing.
I had an idea to start an account with $100 and risk always 50% of the current equity.
I select the very best news with ~80% success rate and trade with my 2:1 win ratio, so each trade would cut to half, or double up my account.
My problem is, I couldn't find any broker so far who allows to take huge risk and has normal trading conditions right after huge news events.

its not the broker's issue.
A requote after news is an often phenomenon.

Nice work on the RBA CPI . Did you mention your leverage somewhere?

 

[peti305]

its not the broker's issue.
A requote after news is an often phenomenon.

Nice work on the RBA CPI . Did you mention your leverage somewhere?

Their problem is usually the big spreads and long execution time.

 

[peti305]

Yesterday I traded the New Zealand Interest Rate Statement.
Sold NZDUSD and won 30 pips



This is a 5min chart so it can fit on the image.
First it went to +28.5 pips into my direction and then turned around.. I was a bit angry bit didn't give a ****, and I fell asleep..
This news is so good I don't use my break-even rule for it, and I was right and got a win.

 

[LoRio]

Yesterday I traded the New Zealand Interest Rate Statement.
Sold NZDUSD and won 30 pips

View attachment 13188

This is a 5min chart so it can fit on the image.
First it went to +28.5 pips into my direction and then turned around.. I was a bit angry bit didn't give a ****, and I fell asleep..
This news is so good I don't use my break-even rule for it, and I was right and got a win.

You are thunderbolt fast.
I like.(y)

 

[peti305]

So here is my statement for January.

I made ~+84pips which was around 50% gain on my account.



For the next one I'm gonna use photoshop to make nicer subtitles, and try to add all the information. Just really tired now.
I want my statements to be obvious so nobody going to think I'm doing something fake here.

Looking forward to the next week, lots of good news ahead!

 

[LoRio]

So here is my statement for January.

I made ~+84pips which was around 50% gain on my account.

View attachment 13227

For the next one I'm gonna use photoshop to make nicer subtitles, and try to add all the information. Just really tired now.
I want my statements to be obvious so nobody going to think I'm doing something fake here.

Looking forward to the next week, lots of good news ahead!

NFP week !

 

[peti305]

Yesterday I traded US ISM Manufacturing PMI, and sold CADJPY.
Got out at break even, but after that it would have been a win too..




After it this morning I traded the Australian Interest Rate statement.
Bought AUDUSD and won 30 pips



However I am angry because I was hasitating a little bit, and slipped 5 pips. In my enviroment with a stop loss of 15, a slippage of 5pips is a lot. Luckily it was a win, but I can not afford to hasitate even a little bit anymore...