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$40 to $1000 Challenge
Členom od May 01, 2019
4 príspevkov
Jan 09, 2020 at 14:22
Členom od May 01, 2019
4 príspevkov
I can't see anything here. 🙄
Buy Low, Sell High
Členom od Jan 09, 2020
1 príspevkov
Jan 09, 2020 at 14:45
Členom od Jan 09, 2020
1 príspevkov
Please sign me in to this challenge!
Happens to the Best, happens to the Rest...
Členom od Aug 27, 2019
4 príspevkov
Jan 09, 2020 at 14:48
Členom od Aug 27, 2019
4 príspevkov
Ay let's go! live or demo anything is fine as long as you grow it to $1000 with $40
Členom od Feb 08, 2019
213 príspevkov
Jan 11, 2020 at 20:17
Členom od Feb 08, 2019
213 príspevkov
Good luck to anyone who attempts this 😁
Členom od Dec 18, 2019
38 príspevkov
Jan 12, 2020 at 05:25
Členom od Dec 18, 2019
38 príspevkov
I actually did $35 to $1590 this was back in 2008 and in a third party account, but I will never stress myself like that again, if not at least 5k, I will not. $40 to $1000 is heavy stress
Trender
Členom od Aug 27, 2019
4 príspevkov
Jan 12, 2020 at 05:26
Členom od Aug 27, 2019
4 príspevkov
ProfitableRisks posted:lol for sure it can be a pain, I just want to challenge myself and I can't even see my original post rn Idk why rip
I actually did $35 to $1590 this was back in 2008 and in a third party account, but I will never stress myself like that again, if not at least 5k, I will not. $40 to $1000 is heavy stress
Členom od Jan 05, 2016
1189 príspevkov
Jan 12, 2020 at 05:32
Členom od Jan 05, 2016
1189 príspevkov
spysfi posted:
Please sign me in to this challenge!
Create a new trading account and then create a myfxbook stats page.
You should fully validate and verify your account and stats page.
Show all your relevant account data, balance, historical trades, etc.
Post the link to the stats page here.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členom od Dec 18, 2019
38 príspevkov
Jan 12, 2020 at 07:18
Členom od Dec 18, 2019
38 príspevkov
Raby posted:ProfitableRisks posted:lol for sure it can be a pain, I just want to challenge myself and I can't even see my original post rn Idk why rip
I actually did $35 to $1590 this was back in 2008 and in a third party account, but I will never stress myself like that again, if not at least 5k, I will not. $40 to $1000 is heavy stress
Well good luck to that, I can't stress my brain no more, I have to save the stress for clients accounts.
Trender
forex_trader_688163
Členom od Feb 28, 2019
140 príspevkov
Jan 13, 2020 at 01:20
Členom od Feb 28, 2019
140 príspevkov
Good luck. I have tried and feel stress did this, from $70 and when it hit 1,000% gain, I loss it all.
So, no more trading challenge, because for me it did not give any benefit.
Better trade with wise money management, accept the losses, and slowly build up portfolio. Later, investors will come if you need this :)
So, no more trading challenge, because for me it did not give any benefit.
Better trade with wise money management, accept the losses, and slowly build up portfolio. Later, investors will come if you need this :)
Členom od Sep 26, 2018
9 príspevkov
Jan 13, 2020 at 16:33
Členom od Sep 26, 2018
9 príspevkov
This challenge is fine but to try and do it in less than a year is stupid.
Členom od Dec 30, 2019
17 príspevkov
Jan 15, 2020 at 03:14
Členom od Dec 30, 2019
17 príspevkov
This kind of challenge indeed motivates traders to trade more, however, $40-$1000, which is a quite wild range for beginners. That would be a disaster.
Členom od Sep 06, 2015
12 príspevkov
Jan 15, 2020 at 04:45
Členom od Sep 06, 2015
12 príspevkov
Nasrul_Swing posted:How to increase the score by 1000 times. I managed to go almost half the way to this goal. The result for four months was increased by 28 times. It remains to increase the score by another 35 times and the goal would be achieved. After all, it is so attractive, I opened an account in the account of $ 10 and in a year you have $ 10,000.
Good luck. I have tried and feel stress did this, from $70 and when it hit 1,000% gain, I loss it all.
So, no more trading challenge, because for me it did not give any benefit.
Better trade with wise money management, accept the losses, and slowly build up portfolio. Later, investors will come if you need this :)
И еще счета
Členom od Feb 08, 2019
57 príspevkov
Jan 15, 2020 at 13:16
Členom od Feb 08, 2019
57 príspevkov
$40 . . . . . thats no easy challenge!
Členom od Dec 19, 2019
69 príspevkov
Jan 15, 2020 at 13:43
Členom od Dec 19, 2019
69 príspevkov
I opened an account years ago on pepperstone using their bonus and made 200 from their 20 ,before I started working in Finance
10 to 1000 is almost impossible 100 to 1000 is possible.
10 to 1000 is almost impossible 100 to 1000 is possible.
Strength and honor.
Členom od Sep 06, 2015
12 príspevkov
Jan 15, 2020 at 14:50
Členom od Sep 06, 2015
12 príspevkov
REB_FX posted:In 4 months I went almost half the way to increase the bill by 1000 times. Try to repeat the result. The system is working fine. When working with such risks, imagine opening a deal with a risk of 300-500% of the deposit, the spread immediately reduced the deposit by 10%. The course went only 10-15 points against the deal and already a drawdown of 50% of the initial deposit. This was my second attempt. From the first, I increased the score 20 times, I could no longer. Although before starting this venture, I tested the system on the strategy tester, everything turned out easily. But with real money it’s more difficult. Monitoring the account of the first attempt.
$40 . . . . . thats no easy challenge!
The whole problem is in psychology. When you work with such risks, the account goes on for seconds to manage to close a losing trade. Indeed, with the risks of a transaction 100-500% of the deposit, a couple of seconds and 20-25 points of movement against the transaction are enough to reset the account. Second Attempt Report
Gross Profit: 423.21 Gross Loss: 151.95 Total Net Profit: 271.26
Profit Factor: 2.79 Expected Payoff: 0.95
Absolute Drawdown: 1.34 Maximal Drawdown: 32.46 (24.79%) Relative Drawdown: 55.11% (10.63)
Total Trades: 285 Short Positions (won %): 137 (73.72%) Long Positions (won %): 148 (66.89%)
Profit Trades (% of total): 200 (70.18%) Loss trades (% of total): 85 (29.82%)
Largest profit trade: 13.00 loss trade: -15.80
Average profit trade: 2.12 loss trade: -1.79
Maximum consecutive wins ($): 18 (63.18) consecutive losses ($): 12 (-10.63)
Maximal consecutive profit (count): 63.18 (18) consecutive loss (count): -31.50 (5)
Average consecutive wins: 5 consecutive losses: 2
И еще счета
Členom od Sep 06, 2015
12 príspevkov
Jan 15, 2020 at 14:55
Členom od Sep 06, 2015
12 príspevkov
Marketmultitool posted:But I twice easily increased the score 20-28 times in 4 months. I posted in the post above. But the whole problem, played too much. Need a risk manager. And 1000 times is not the limit. The system works fine, Psychology is in the way.
I opened an account years ago on pepperstone using their bonus and made 200 from their 20 ,before I started working in Finance
10 to 1000 is almost impossible 100 to 1000 is possible.
И еще счета
Členom od Jan 05, 2020
35 príspevkov
Jan 15, 2020 at 19:06
Členom od Jan 05, 2020
35 príspevkov
MrBobr posted:REB_FX posted:In 4 months I went almost half the way to increase the bill by 1000 times. Try to repeat the result. The system is working fine. When working with such risks, imagine opening a deal with a risk of 300-500% of the deposit, the spread immediately reduced the deposit by 10%. The course went only 10-15 points against the deal and already a drawdown of 50% of the initial deposit. This was my second attempt. From the first, I increased the score 20 times, I could no longer. Although before starting this venture, I tested the system on the strategy tester, everything turned out easily. But with real money it’s more difficult. Monitoring the account of the first attempt.
$40 . . . . . thats no easy challenge!
The whole problem is in psychology. When you work with such risks, the account goes on for seconds to manage to close a losing trade. Indeed, with the risks of a transaction 100-500% of the deposit, a couple of seconds and 20-25 points of movement against the transaction are enough to reset the account. Second Attempt Report
Gross Profit: 423.21 Gross Loss: 151.95 Total Net Profit: 271.26
Profit Factor: 2.79 Expected Payoff: 0.95
Absolute Drawdown: 1.34 Maximal Drawdown: 32.46 (24.79%) Relative Drawdown: 55.11% (10.63)
Total Trades: 285 Short Positions (won %): 137 (73.72%) Long Positions (won %): 148 (66.89%)
Profit Trades (% of total): 200 (70.18%) Loss trades (% of total): 85 (29.82%)
Largest profit trade: 13.00 loss trade: -15.80
Average profit trade: 2.12 loss trade: -1.79
Maximum consecutive wins ($): 18 (63.18) consecutive losses ($): 12 (-10.63)
Maximal consecutive profit (count): 63.18 (18) consecutive loss (count): -31.50 (5)
Average consecutive wins: 5 consecutive losses: 2
Please post your MyFXBook stats page link to the Live account you are using for the $40 to $1000 challenge.
If you want to be profitable, make profitable trades.
Členom od Sep 06, 2015
12 príspevkov
Jan 16, 2020 at 04:13
Členom od Sep 06, 2015
12 príspevkov
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.
И еще счета
forex_trader_795593
Členom od Oct 09, 2019
32 príspevkov
Jan 18, 2020 at 08:56
Členom od Oct 09, 2019
32 príspevkov
That is an interesting challenge, gonna keep checking out in this thread.
Členom od Dec 09, 2016
49 príspevkov
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