$25 to $25k in 10 days (by psymon) Quick Stats
Gain: -99.9%
Drawdown: 92.70%
Pips: 84.0
Trades: 19
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Manual

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$25 to $25k in 10 days Discussion
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psymon

Member Since Apr 01, 2011  61 posts Psymon (psymon) May 04 2011 at 05:23
I think i just tanked the account! got impaicent and pulled the trigger waaaaayyy too soon! short the AUDUSD .0818, it gives me about 15 to 20 pips to move and its all ready -10.

ahh well lets try again next week!

psy

its all down hill from here!
Splexin

Member Since Apr 11, 2011  202 posts Splexin May 04 2011 at 05:30
Ah well at least you learn from mistakes right? You've never made it this far before.

Yeah impatience is a killer, especially when you watch the charts all the time. I pulled the trigger about 10 minutes too soon on the trade before last and missed out on a good 20 pips.

Last week I blew 25% of my account by a pure stupid mistake in sizing, BUT I am happy to report I have recovered all but 7% of that loss and right now am in a positive position.

alienek

Member Since Apr 20, 2011  8 posts Mike (alienek) May 04 2011 at 05:56
Why the last trade (AUDUSD 3.2 lot) isn't avaiable in your history? :)

alienek

Member Since Apr 20, 2011  8 posts Mike (alienek) May 04 2011 at 05:58
Hm, it's still in the open ones... and a moment ago it wasn't... strange, very strange :)

alienek

Member Since Apr 20, 2011  8 posts Mike (alienek) May 04 2011 at 06:15
Wish You better luck the second time :)

horacioo

Member Since May 22, 2010  46 posts horacioo May 04 2011 at 06:20
bummer!!
Oh well. Next week it is.

Look on the bright side, it seems like your broker kept some money on the margin or somewhere and you still have $50. That is a free coin to start playing again. cool


psymon

Member Since Apr 01, 2011  61 posts Psymon (psymon) May 04 2011 at 06:39
Hey all, Sorry.

I'm kinda bummed out about it but ya know what i learned a shit load in the last 6 days, about the emotions that come with trading real money, about patients and of course the joy of just getting it right. and i still broke even!!!

Back to the drawing board and lets start again tomorrow...

its all down hill from here!
psymon

Member Since Apr 01, 2011  61 posts Psymon (psymon) May 04 2011 at 07:08 (edited May 04 2011 at 07:30 )
Ok, I've had a quick analysis and i'm going to change the rules, just to make it a little easier wink

$25 to $25 in 10 trades in 10 days or LESS, (allowing me to make more than 1 trade a day).

double up on volume with each trade. (.1, .2, .4, .8, 1.6, 3.2, 6.4, 12.8, 25.6, 51.2)

25 pip target on each trade or margin call.

AUD USD only.

Lets make some history...



its all down hill from here!
horacioo

Member Since May 22, 2010  46 posts horacioo May 04 2011 at 07:11
new rules are fine for me. I aprove. cool

alienek

Member Since Apr 20, 2011  8 posts Mike (alienek) May 04 2011 at 07:56
So, next start is today? :)

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Producer Price Index Growth (YoY) (2h 2min)
WRAPUP 4-U.S. industry shows some vigor,...(10 min ago)
EURUSD 1.38204 GBPUSD 1.67971
USDJPY 102.257 USDCAD 1.10093
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