1% a Month (By fxbookporter)

Gain : +9.87%
Drawdown 0.43%
Pips: 373.8
Trades 23
Won:
Lost:
Type: Real
Leverage: 1:30
Trading: Manual

1% a Month Discussion

Jul 23, 2020 at 19:38
1,737 Views
36 Replies
Member Since Jul 23, 2020   23 posts
Aug 19, 2020 at 23:43
Started in July 2020 with £100
Three trades that resulted in £0.43 profit.
Added additional £100
Two more trades that resulted in £2.41 profit
July total profit of £2.84 (2.84%)

End of July added an additional £500 to account

End of July balance £502.84
Member Since Jul 23, 2020   23 posts
Sep 15, 2020 at 08:54
Month Two - August 2020 - 1% Goal Achieved

Started with £502.84

Placed three trades, 2 win's 1 loss that resulted in £5.36 profit (1.06%)

End of August balance £508.20
Member Since Jul 23, 2020   23 posts
Sep 15, 2020 at 08:58
Month Three - September 2020 - 1% Goal Achieved

Started with £508.20

Pleased four trades, 3 win's (£8.37) and 1 loss (-£0.01) that resulted in an £8.36 profit (1.64%)

End of September balance £516.38

No more trading this month.
Member Since Sep 08, 2020   24 posts
Sep 15, 2020 at 09:15
Keep it up! it looks awesome and great self control!
you only produce results
Member Since Jan 01, 2017   15 posts
Sep 15, 2020 at 10:19
Not agree but hope you successful
Deposit >Trade > Withdraw > Withdraw > Withdraw
Member Since Apr 18, 2019   25 posts
Sep 17, 2020 at 16:20
You are doing quite well, given the fact that you work with relatively small capital. And it's very good that you use a small leverage, it's the best format in your case, so accept my admiration for your work....
Member Since Dec 18, 2019   14 posts
Sep 17, 2020 at 17:36
I think it looks quite promising and you're moving gradually through the market - and this is a classic and safe format.
Tell me, how do you define an advantageous situation?
It's always interesting to hear the opinion of a profitable trader.
Member Since Oct 01, 2019   49 posts
Sep 17, 2020 at 18:14
Yes!
Member Since Jun 24, 2020   14 posts
Sep 25, 2020 at 11:24
I think you need a lot of self-control to become successful and reach where you want to, with relatively small capital.
Member Since Jul 23, 2020   23 posts
Sep 29, 2020 at 10:13
AspiringTraders posted:
Keep it up! it looks awesome and great self control!

Thank you. Giving myself a month to achieve the goal takes a lot of stress away. Quite happy to sit, read and learn with the charts in the background waiting for the right opportunity.
Member Since Jul 23, 2020   23 posts
Sep 29, 2020 at 10:16
Yozuru posted:
You are doing quite well, given the fact that you work with relatively small capital. And it's very good that you use a small leverage, it's the best format in your case, so accept my admiration for your work....

Thank you.

When I traded for a living (9 years ago) I only looked at the percentages, looking at the $£€ amount would add stress. Once I get to six months I'll look to increase my account size, the goal of 1% will remain the same.
Member Since Jul 23, 2020   23 posts
Sep 29, 2020 at 10:20
LucasRogers posted:
I think it looks quite promising and you're moving gradually through the market - and this is a classic and safe format.
Tell me, how do you define an advantageous situation?
It's always interesting to hear the opinion of a profitable trader.

Thank you.

I'm looking for harmonic pattens that are as close to the correct fib's as possible, when these appear I have a custom made RSI indicator that I use to confirm the trade. I'm not looking for anything else on this account, keep it simple.
Member Since Oct 05, 2020   65 posts
Oct 12, 2020 at 09:30
Since you have managed to work with a small sum, this looks pretty good and the format looks promising too. Good job.
Member Since Jun 09, 2020   36 posts
Oct 13, 2020 at 05:40
I like the fact that you are not overtrading despite being a beginner.
Member Since Oct 03, 2020   19 posts
Oct 13, 2020 at 05:55
He does the right thing
Member Since Jul 23, 2020   23 posts
Oct 31, 2020 at 23:00
bennieriley posted:
I like the fact that you are not overtrading despite being a beginner.

I was a professional trader 9 years ago but only recently got back in the game.
Member Since Jul 23, 2020   23 posts
Oct 31, 2020 at 23:00
gnom_ posted:
He does the right thing

Thanks
Member Since Jul 23, 2020   23 posts
Oct 31, 2020 at 23:15
Month Four - October 2020 - 1% Goal Not Achieved

Started with £516.38

Placed seven trades, 4 win's (£13.01) and 3 losses (-£9.06) which resulted in a £3.95 profit (0.76%).

End of October balance £520.34.

Although the monthly 1% target wasn't achieved, the previous months were just over 1% so four months 1% compounded would be £520.30, so I'm up 4p. Clutching at straws I know.

I was pressed for time this month and was only present in the market for 10 of 22 days. I placed orders on four days and was close to target, I don't know if there were signals on the other 12 days and to be honest, I don't care as I can't change the past.

Looking forward to having more time in front of the screens in November.
Member Since Nov 13, 2013   42 posts
Oct 31, 2020 at 23:27
Can you open the lot size in your trading history?
Member Since Jul 23, 2020   23 posts
Nov 01, 2020 at 23:15
javaboy posted:
Can you open the lot size in your trading history?

Sure thing. I've only been trading 0.1 lots sizes
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