uxStyle posted: How is it all going ? I love to see challenges from small sums to something really big. Sorry for replying on such old thread, but just looking at how things are going there really. I know it's hard to get by. Have you been able to go from $200 to bigger amounts.
Difficult to do this in the Forex market ,better returns on other securities ,beginning of the year had some good entry points on stocks.
@uxStyle Going good growing accounts is significantly easier once account hits 1k, as always people can continue to see performance etc, in terms of being drained, not really possible. Trading on this account is relaxing for me and fun, much less stressful then working for 5ers, more of a hobby.
How is your evaluation with 5%ers coming along? Am actually searching for forex prop firms to try something similar and had just finished making a short list of firms that I would consider working with. So far I have them as follows :
1) FTMO 2) 5%ers 3) City Traders Imperium (CTI) 4) Audacity Capital
Please add to my list if you have any other that you think I should consider.
Coincidentally, I have just started a similar challenge like yours. Starting with $500 and $100,000 as target. No time limit in my case and I shall be withdrawing profits at end of each profitable week as I feel this will further make it easier for me to inch closer to the final target as I see my withdrawn profits grow and out of harms way. I also have no intention of adding funds to the account to cover drawdowns or losses.
sometimes i start testing some strategies and with aggressive risk which is not logic at all. i hit those numbers.
Most of the traders who start peanuts to millions challenges have no idea what market is. if Stability is not what you look in trading, soon you will disappointed, earning multi digit growths is not what you need to be a successful trader. Stability is the most important thing.
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