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$6K Practice ($6K Real) (By Splexin )

The user has deleted this system.

$6K Practice ($6K Real) Discussion

Splexin
Aug 21 2011 at 01:27
202 posts
Following weeks of calculations and observations, I demonstrated a gain of 35% in 8 days on a $10,000 account (1:50 leverage) risking 2-3% per trade using my manual trading system. I profited $2,000 in the first three days alone; an extraordinary figure yes, but then again, I am convinced my system is extraordinary when followed with patience. It is not a perfect system but with a R/R ratio of 2.25:1 and max risk-per-trade @ 2%-3% it is optimized to withstand losing streaks. I have also tested with real money.

This week I established a $4,000 demo account (same broker, leverage, etc) to prep for my upcoming $5,000 (possibly only $4,000) live account. I gained $307.00, even with 1 losing trade that I could have avoided had I been patient. Technically, I met the goal of $400 because I have an open float trade with $120 profit. I did not trade every day and only used 2 pairs.

From this, I have come to the conclusion that the goals outlined below are conservative and VERY probable statistically-speaking. As mentioned, they are calculated based on fixed risk and fixed lot sizes ($100 profit per $1000). I think it can be done with patience, CONSISTENCY, and self-control.

Even if results are 1/5 of this, I will be happy. My actual goal is only $100K in one year or less.

THE PLAN
Start Balance: $4,000.00

Week Profit Balance
1 $400.00 $4,400.00 <------Done
2 $400.00 $4,800.00
3 $400.00 $5,200.00
4 $500.00 $5,700.00
5 $500.00 $6,200.00
6 $600.00 $6,800.00
7 $600.00 $7,400.00
8 $700.00 $8,100.00
9 $800.00 $8,900.00
10 $900.00 $9,800.00
11 $900.00 $10,700.00
12 $1,000.00 $11,700.00
13 $1,100.00 $12,800.00
14 $1,200.00 $14,000.00
15 $1,400.00 $15,400.00
16 $1,500.00 $16,900.00
17 $1,600.00 $18,500.00
18 $1,800.00 $20,300.00
19 $2,000.00 $22,300.00
20 $2,200.00 $24,500.00
21 $2,400.00 $26,900.00
22 $2,700.00 $29,600.00
23 $2,900.00 $32,500.00
24 $3,200.00 $35,700.00
25 $3,500.00 $39,200.00
26 $3,900.00 $43,100.00
27 $4,300.00 $47,400.00
28 $4,700.00 $52,100.00
29 $5,200.00 $57,300.00
30 $5,700.00 $63,000.00
31 $6,300.00 $69,300.00
32 $6,900.00 $76,200.00
33 $7,600.00 $83,800.00
34 $8,300.00 $92,100.00
35 $9,200.00 $101,300.00
36 $10,100.00 $111,400.00
37 $11,100.00 $122,500.00
38 $12,200.00 $134,700.00
39 $13,400.00 $148,100.00
40 $14,800.00 $162,900.00
41 $16,300.00 $179,200.00
42 $17,900.00 $197,100.00
43 $19,700.00 $216,800.00
44 $21,600.00 $238,400.00
45 $23,800.00 $262,200.00
46 $26,200.00 $288,400.00
47 $28,800.00 $317,200.00
48 $31,700.00 $348,900.00
49 $34,800.00 $383,700.00
50 $38,300.00 $422,000.00
51 $42,200.00 $464,200.00
52 $46,400.00 $510,600.00

Feel free to comment. I very well intend to enforce this plan when I go live in T-minus 15 days. 😄
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