I have been studied FOREX trading for around 7 years. Started trading profitably around 1.5 years ago. My average monthly profit is around 8-15%. With my current Equity, it only enough to pay monthly expenses and a small left over to be saved in my bank account as emergency fund.
I know my trading can cover my monthly expenses, but I also have some goals in my life that somehow difficult to achieve at my current pace. I currently live in my small comfort zone and I feel that I need to challenge my self to break this zone, so I could reach my goal faster.
At several demo trading competition, I was able to gain 100-300% gain during 1 month. It was a risky way of trading by risking 10% equity each trade. Surprisingly, I able to do it several times. Based on that, I want to implement those way of trading to my live account, but I will do it gradually.
I will challenge my self to do it on demo account for 1 month first, then move on to a small live account. If everything goes right, I will do it on main account.
The first goal is 100% gain within 1 month on demo account. 2nd goal is 100% gain on small live account, then 3rd goal is doing it on my main live account.
My trading method evolved across many great thread I found on FF. The first thread I studied deeply is here . Although my trading is not exactly as the same, it still consist the very core principle of that thread. (Thank you for your teaching Sho). Another thread that influence me are : here and here. Too bad all those thread are dead by now.
I trade from D1, to M15 chart, with multiple pairs(28 pairs). RR ranged from 1:1 to 1:2, based on the setup. I create a demo account with TE attached to this thread to start the first stage of my challenge.
And the 1st stage started by TODAY.
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Update :
1st attempt result
I know my trading can cover my monthly expenses, but I also have some goals in my life that somehow difficult to achieve at my current pace. I currently live in my small comfort zone and I feel that I need to challenge my self to break this zone, so I could reach my goal faster.
At several demo trading competition, I was able to gain 100-300% gain during 1 month. It was a risky way of trading by risking 10% equity each trade. Surprisingly, I able to do it several times. Based on that, I want to implement those way of trading to my live account, but I will do it gradually.
I will challenge my self to do it on demo account for 1 month first, then move on to a small live account. If everything goes right, I will do it on main account.
The first goal is 100% gain within 1 month on demo account. 2nd goal is 100% gain on small live account, then 3rd goal is doing it on my main live account.
My trading method evolved across many great thread I found on FF. The first thread I studied deeply is here . Although my trading is not exactly as the same, it still consist the very core principle of that thread. (Thank you for your teaching Sho). Another thread that influence me are : here and here. Too bad all those thread are dead by now.
I trade from D1, to M15 chart, with multiple pairs(28 pairs). RR ranged from 1:1 to 1:2, based on the setup. I create a demo account with TE attached to this thread to start the first stage of my challenge.
And the 1st stage started by TODAY.
—————————————————————————————————————————————————————————————————————————————————————
Update :
1st attempt result