$40 to $1000 Challenge

Jan 09, 2020 at 04:53
4,569 Views
81 Replies
Member Since Jan 05, 2020   35 posts
Jan 22, 2020 at 09:30
If you're going to participate then you need to post up a LIVE account showing a $40.00 starting account balance.
 
Post your myfxbook fully validated account stats page here.

If you want to be profitable, make profitable trades.
Member Since Jan 05, 2020   35 posts
Jan 22, 2020 at 09:44
MrBobr posted:
ufotech posted:


Please post your MyFXBook stats page link to the Live account you are using for the $40 to $1000 challenge.

  Here is the monitoring of my first attempt to disperse the score. On the first attempt, it was possible to increase the account from $ 1-$ 20 for 4 months. But then he played too much and merged. Psychology got in the way. On the second attempt, it was possible to increase the score by 28 times in 4 months. But just played too and merged. I did not monitor this account. There is a report on my trade.


Just telling us about it doesn't count.

Create a fully verified and validated MyFXStats page for a live trading account that shows a starting balance deposit of $40.00 USD

It only takes a few minutes to set up a stats page and properly validate it.
If you want to be profitable, make profitable trades.
Member Since Jan 14, 2020   4 posts
Jan 22, 2020 at 10:44 (edited Jan 22, 2020 at 10:45)
I do rather go climb mountain Everest than take the challenge, not worth it in fx.
SLOW AND STEADY
Member Since Aug 27, 2019   10 posts
Jan 22, 2020 at 12:34
$40 to $1000 is harder than $4000 to $400,000 . If you have a $40 account you will have to use 0.01Lot at most and even that will be a lot for such a small account. I do not think that you can have good risk management on a $40 account
Member Since Jan 05, 2020   35 posts
Jan 22, 2020 at 12:42
Merrill posted:
$40 to $1000 is harder than $4000 to $400,000 . If you have a $40 account you will have to use 0.01Lot at most and even that will be a lot for such a small account. I do not think that you can have good risk management on a $40 account

You're wrong. Account size doesn't determine if you can have good risk management.

Risk management will determine the size of your trade and the maximum level of margin exposure at any one time.

Risk management should be the priority to protect the account at all times.

As long as your leverage is appropriate for your account size, and you don't over leverage yourself with such a small account, then yes it is possible.

Trade properly and allow the account to build up slowly over time.
If you want to be profitable, make profitable trades.
Member Since Sep 06, 2016   2 posts
Jan 22, 2020 at 18:34 (edited Jan 22, 2020 at 18:35)
in the forum forex.es 3 years ago (now closed so we continued in x-trader.net) we started a challenge $50-$1000, no one won yet, but on made $5-$100

https://www.forex.es/gran-carrera-t10464.html

my current account where I try to make $50-$1000 is the following:
https://www.myfxbook.com/members/cdtrader82/cdtrader-la-gran-carrera/3253047

I tried many times no succes yet, now I'm taking the slow way
no me levante de la cama hoy para ser mediocre
Member Since Jan 19, 2020   3 posts
Jan 23, 2020 at 03:07
Its all about MM and how much you want to gain in a day. Just sit back and enjoy the ride.
KISS - Keep it Simple STUPID
Member Since Jan 14, 2020   4 posts
Jan 27, 2020 at 05:12
And how is the stress going for those who decided to join and stress their brains.
SLOW AND STEADY
Member Since Jan 05, 2020   35 posts
Jan 27, 2020 at 22:34
PipEmpire posted:
Its all about MM and how much you want to gain in a day. Just sit back and enjoy the ride.

WRONG. How much you want to gain a day is irrelevant.

It's about risk management.

If you want to be profitable, make profitable trades.
Member Since Dec 19, 2019   69 posts
Jan 28, 2020 at 13:53
FxMarketMaestro posted:
And how is the stress going for those who decided to join and stress their brains.

Why would anyone do such a challenge ,100 -1000 or 1000-10,000 maybe but 10,000 starting account is nice starting point.
Strength and honor.
Member Since Feb 22, 2011   4862 posts
Jan 28, 2020 at 14:08
I have seen such bold statement so many times, like $10 tp $10,000,000
I had never seen such proclamation came true. It is waste of time, seriously.
Member Since Nov 11, 2019   5 posts
Jan 28, 2020 at 19:18
$40 to $1,000 would take me 2 months, but no, thanks.
Member Since Dec 09, 2016   49 posts
Jan 28, 2020 at 19:39
irungu94 posted:
$40 to $1,000 would take me 2 months, but no, thanks.

Ofcourse it would, LOL!!!

Would take me 2 hours :D
Member Since Jan 05, 2020   35 posts
Jan 28, 2020 at 22:18
irungu94 posted:
$40 to $1,000 would take me 2 months, but no, thanks.

All talk. No proof.
If you want to be profitable, make profitable trades.
Member Since Feb 22, 2011   4862 posts
Jan 29, 2020 at 10:14
irungu94 posted:
$40 to $1,000 would take me 2 months, but no, thanks.
Me take 3 secs
Member Since Nov 11, 2019   5 posts
Jan 29, 2020 at 10:57
ufotech posted:
irungu94 posted:
$40 to $1,000 would take me 2 months, but no, thanks.

All talk. No proof.

Yeah
Member Since Nov 11, 2019   5 posts
Jan 30, 2020 at 15:46
togr posted:
irungu94 posted:
$40 to $1,000 would take me 2 months, but no, thanks.
Me take 3 secs
me too
Member Since Jan 29, 2020   10 posts
Jan 31, 2020 at 04:30
ufotech posted:
If you're going to participate then you need to post up a LIVE account showing a $40.00 starting account balance.
 
Post your myfxbook fully validated account stats page here.


Hi,

I'm new here.

I start a live account with 30$ last june when I managed to blow it in last then a month.

Then I started a new one and double it in 3 months.

Now in december I started a new one with another 30$ and managed it to go up to almost 800$
Member Since Dec 09, 2016   49 posts
Jan 31, 2020 at 07:09
DtraderB posted:
ufotech posted:
If you're going to participate then you need to post up a LIVE account showing a $40.00 starting account balance.
 
Post your myfxbook fully validated account stats page here.


Hi,

I'm new here.

I start a live account with 30$ last june when I managed to blow it in last then a month.

Then I started a new one and double it in 3 months.

Now in december I started a new one with another 30$ and managed it to go up to almost 800$

Can we see the above said account?
Just telling us doesnt really count...
Member Since Dec 19, 2019   69 posts
Jan 31, 2020 at 13:09
Gabor33 posted:
DtraderB posted:
ufotech posted:
If you're going to participate then you need to post up a LIVE account showing a $40.00 starting account balance.
 
Post your myfxbook fully validated account stats page here.


Hi,

I'm new here.

I start a live account with 30$ last june when I managed to blow it in last then a month.

Then I started a new one and double it in 3 months.

Now in december I started a new one with another 30$ and managed it to go up to almost 800$

Can we see the above said account?
Just telling us doesnt really count...


Pepperstone used to have a bonus starting account ,no deposit required I used to make nice profits on Binary scalping most I made in one day was 250 Euro ,broker rang me and asked how I did it lol ,had to close it before working in City.Fun times before all the regulations.
Strength and honor.
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