Guru 50-50讨论

What I am trying to achieve with this account is to earn 50 pips per day, every day. This will take a $50 mini account to a maxed out position (ie trading the maximum 50 lots per trade) in 22 trading days, making for a $2,500 per day income <img src='' alt='😄'/>

You have some big trading goals!

Can't wait to see if you succeed.. good luck! <img src='' alt='😎'/>

Thanks biz101.

Day 1 Summary (before I discovered this great site) : Trading was OK for a Friday but I made some silly mistakes resulting in me being down 48pips, but thanks in part to luck, a trade that I left over the weekend resulted in a nice gain that bought me back to 26pips up. Not the full 50, but better than a loss day.

yeah, any gain is still a gain.

I guess now that your account is updated automatically here, you can post less, and focus more on you trading..

Looking forward for your progress.

Sorry ... got my calculations wrong above (note to admins ... any chance of being able to edit posts?)

I was actually 21pips down before the Friday close and got up this morning to 141pips up. I should have remembered that more clearly, but I had just woken up <img src='' alt='😲'/>

Day 2 Summary : a very up and down day for me today. Twice I was over 40pips up for the day and then struck some bad trades. The later the day goes the worse things get and so I have actually ended up with a 38pip loss for the day <img src='' alt='😞'/>

I am now done for this day and tomorrow is a new day.

allanneagle posted:
 ..(note to admins ... any chance of being able to edit posts?)..

Yes, this is already being worked on, and will be added soon.

Thanks admin :)

Day 3 : Started off fantastically. Got my 50pip target very early and decided to start day 4 to catch up on yesterdays loss. This turned out to be a massive mistake, mainly because I deviated from my trading rules and ended up margining out. There goes $50.

So I gave myself a good beating, reafirmed my trading rules, and started again.
Day result : +58pips

Hopefully the new account will just replace the current records (although I haven't been able to get anything published for a number of hours. I noticed that I was not the only one so I figured I would just try it again later on)

going great..

i see you have a pretty short life span of your open positions..i guess you're a scalper?

It depends on the trade realy ... and your definition of scalper. What I have learned from this first attempt is that most of the time I can actually go for 25-50 pips per trade. But then it depends on what the market is doing at the time, right? :)

This account is now inactive. My new account can be found at https://www.myfxbook.com/portfolio/guru-50-50-2nd-try/166

allanneagle posted:
This account is now inactive. My new account can be found at https://www.myfxbook.com/portfolio/guru-50-50-2nd-try/166

allanneagle, sharing portfolios won't work as by their nature, they are private.
Please use your system page, found on your member page.
So the correct link for your system should be: https://www.myfxbook.com/members/allanneagle/guru-50-50-2nd-try/166