peti305
Wealthified Representative
- Messages
- 198
Its starting to be good again, thanks.
At the first post of the thread I always update my balance and statements.
How I'm turning my $1.500 into $1.000.000
- Thread starter peti305
- Start date
- Status
Its starting to be good again, thanks.
At the first post of the thread I always update my balance and statements.
peti305
Wealthified Representative
- Messages
- 198
Last friday I traded the Swedish Retail Sales.
Got out at break even.
0 pips
That was my last trade of the month, so here is my statement for June:
With the horrible four losses in a row at the first week of the month, I managed to make a little profit of +5% at the end of the month.
Got out at break even.
0 pips
That was my last trade of the month, so here is my statement for June:
With the horrible four losses in a row at the first week of the month, I managed to make a little profit of +5% at the end of the month.
peti305
Wealthified Representative
- Messages
- 198
Today I traded the Japanese Tankan Man. Index.
I had to close this trade before the US ISM Man. Index came out, so I got out at
+17 pips
While the JP Tankan trade was open, I simultaneously traded the Australian Interest Rate Statement.
Made a win from this one.
+30 pips
Nice starting of the month. Finally worked back my whole drawdown with these trades, current balance is at $4.253
Lets make some money tomorrow and thursday
I had to close this trade before the US ISM Man. Index came out, so I got out at
+17 pips
While the JP Tankan trade was open, I simultaneously traded the Australian Interest Rate Statement.
Made a win from this one.
+30 pips
Nice starting of the month. Finally worked back my whole drawdown with these trades, current balance is at $4.253
Lets make some money tomorrow and thursday
peti305
Wealthified Representative
- Messages
- 198
Traded the AU RBA Gov. Stevens Speech today.
There were only 30 minutes to trade this report,
because I had to close it before the Australian Retail Sales.
I still decided to enter the market, because the initial push was so hard,
and it had a good chance of continuation.
The continuation didn't arrive by time, so I got out with
-5.5 pips
It was definitely worth the try.
After it this morning I traded the Swedish Interest Rate.
Surprisingly, they cut their rate by 0.5%, and this produced an over 100pip spike.
Yet it wasn't a good trade and I was very unfortunate..
The price touched my stop loss, and rallied right after it.
-15 pips
After it, I traded the US Non-Farm Payrolls.
Had to close this trade before the US ISM Non-Man. PMI came out,
so I only made
+5 pips
There were only 30 minutes to trade this report,
because I had to close it before the Australian Retail Sales.
I still decided to enter the market, because the initial push was so hard,
and it had a good chance of continuation.
The continuation didn't arrive by time, so I got out with
-5.5 pips
It was definitely worth the try.
After it this morning I traded the Swedish Interest Rate.
Surprisingly, they cut their rate by 0.5%, and this produced an over 100pip spike.
Yet it wasn't a good trade and I was very unfortunate..
The price touched my stop loss, and rallied right after it.
-15 pips
After it, I traded the US Non-Farm Payrolls.
Had to close this trade before the US ISM Non-Man. PMI came out,
so I only made
+5 pips
RahmanSL
Major
- Messages
- 2,944
Looks like you are on a slow and steady path towards your USD1m target
...hehehe...based on your monthly trades record, I was a little curious to know how long it's going to take you to reach your target and, minus all the compound factors, I did a very simple calculation using averages
Total % gains for 6 months (minus negative ones): 114%
Average % gain per month = 19%
Total average gain per year= 228%
Starting capital: USD1,487.00 Target profits USD: 1m = 67,249.50% gain
Total years to reach USD1m = 67,249.50 :- 228 = 29.50 years
No offense meant here at all, but just friendly discussion on how long it might take you to reach that elusive (for FPA members) USD1m target based on your present trading records
...hehehe...based on your monthly trades record, I was a little curious to know how long it's going to take you to reach your target and, minus all the compound factors, I did a very simple calculation using averages
Total % gains for 6 months (minus negative ones): 114%
Average % gain per month = 19%
Total average gain per year= 228%
Starting capital: USD1,487.00 Target profits USD: 1m = 67,249.50% gain
Total years to reach USD1m = 67,249.50 :- 228 = 29.50 years
No offense meant here at all, but just friendly discussion on how long it might take you to reach that elusive (for FPA members) USD1m target based on your present trading records
peti305
Wealthified Representative
- Messages
- 198
Thank you for your calculations.
But why did you calculate without the compound interest?
It has the most power of all... and of course I am using it as I mentioned at my first post.
so, with compound interest 1.487 x 1.19 x 1.19..... it will be exactly 38 months to reach my target.
Balance was 3.456 dollars at the starting of the month, so it will be 29 months from now.
And it's "only" 19% because I had **** months, I won't have **** months all the time.
We will see
Thanks
But why did you calculate without the compound interest?
It has the most power of all... and of course I am using it as I mentioned at my first post.
so, with compound interest 1.487 x 1.19 x 1.19..... it will be exactly 38 months to reach my target.
Balance was 3.456 dollars at the starting of the month, so it will be 29 months from now.
And it's "only" 19% because I had **** months, I won't have **** months all the time.
We will see
Thanks
Looks like you are on a slow and steady path towards your USD1m target
...hehehe...based on your monthly trades record, I was a little curious to know how long it's going to take you to reach your target and, minus all the compound factors, I did a very simple calculation using averages
Total % gains for 6 months (minus negative ones): 114%
Average % gain per month = 19%
Total average gain per year= 228%
Starting capital: USD1,487.00 Target profits USD: 1m = 67,249.50% gain
Total years to reach USD1m = 67,249.50 :- 228 = 29.50 years
No offense meant here at all, but just friendly discussion on how long it might take you to reach that elusive (for FPA members) USD1m target based on your present trading records
peti305
Wealthified Representative
- Messages
- 198
Traded US Yellen's Testimony on Tuesday.
Got a loss,
-15 pips
And traded the Canadian Interest Rate on Wednesday.
Loss again,
-15 pips
This month is around zero again.
These are one of the best news with approx. 90% success rate... I wonder when news trading will be good again for me.
Still sticking to my strategy and won't abandon it.
Got a loss,
-15 pips
And traded the Canadian Interest Rate on Wednesday.
Loss again,
-15 pips
This month is around zero again.
These are one of the best news with approx. 90% success rate... I wonder when news trading will be good again for me.
Still sticking to my strategy and won't abandon it.
jotekfinance
Corporal
- Messages
- 147
Good for you sticking to it.
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