Update May '12
Today (05/11/2012) I have reached my first gol to turn 100€ into 1000€ now my new goal is to turn 1000€ into 10000€ I hope to accomplish this task in no more than 8months.
Change in my trading style:
1. I remove the word Heaving Scalping in favor to only Scalping because I muted something in my typical TP is not 1pips more but now is 7/8 pips depends on market condition end my purchasing price, this is because typically if I made a right decision the price always move more than 1pips in my favor, so I try to make less trade but more profitable and with a good starting price.
2. I don't use anymore Multichart because MB Trading add a fantastic DOM interface to MBT Desktop Pro platform.
3. To reward my progress every 3 months i will do a withdraw of some money from my trading account to my bank account (of course if I was profitable in previews 3 months!), So end of July i'll start with my first withdraw
4. I reduce my leverage, up to now my typical leverage was 1:20, I'll try to keep lower around 1:15
So let's start and see what will happen!
End of Update
Monthly Updates
Start balance: 112.27€
November 11: 1,247,000 units +59.71€ P/L 1245 trades Balance 171.98€ +53.18%
December 11: 1,030,000 units +44.61€ P/L 1030 trades Balance 216.59€ +25.94%
January 12: 1,438,000 units +74.42€ P/L 1437 trades Balance 291.01€ +34.36%
February 12: 2,048,000 units +39.77€ P/L 1135 trades Balance 330.78€ +13.67%
March 12: 1.120,000 units +244€ P/L 475 trades Balance 574.78€ +73.77%
April 12: 1.192,000 units +247.35€ P/L 503 trades Balance 822.13€ +43.03%
May 11 2012 new goal setted, start balance 1232.46€
May 12: 976,000 units +566.2€ P/L 447 trades Balance 1338.83€ +68.87%
June 12: 1.576,000 units +23.7€ P/L 409 trades Balance 1362.53€ +1.71%
My old 100 to 1000 thread:
http://www.forexfactory.com/showthread.php?t=326877
Today (05/11/2012) I have reached my first gol to turn 100€ into 1000€ now my new goal is to turn 1000€ into 10000€ I hope to accomplish this task in no more than 8months.
Change in my trading style:
1. I remove the word Heaving Scalping in favor to only Scalping because I muted something in my typical TP is not 1pips more but now is 7/8 pips depends on market condition end my purchasing price, this is because typically if I made a right decision the price always move more than 1pips in my favor, so I try to make less trade but more profitable and with a good starting price.
2. I don't use anymore Multichart because MB Trading add a fantastic DOM interface to MBT Desktop Pro platform.
3. To reward my progress every 3 months i will do a withdraw of some money from my trading account to my bank account (of course if I was profitable in previews 3 months!), So end of July i'll start with my first withdraw
4. I reduce my leverage, up to now my typical leverage was 1:20, I'll try to keep lower around 1:15
So let's start and see what will happen!
End of Update
Monthly Updates
Start balance: 112.27€
November 11: 1,247,000 units +59.71€ P/L 1245 trades Balance 171.98€ +53.18%
December 11: 1,030,000 units +44.61€ P/L 1030 trades Balance 216.59€ +25.94%
January 12: 1,438,000 units +74.42€ P/L 1437 trades Balance 291.01€ +34.36%
February 12: 2,048,000 units +39.77€ P/L 1135 trades Balance 330.78€ +13.67%
March 12: 1.120,000 units +244€ P/L 475 trades Balance 574.78€ +73.77%
April 12: 1.192,000 units +247.35€ P/L 503 trades Balance 822.13€ +43.03%
May 11 2012 new goal setted, start balance 1232.46€
May 12: 976,000 units +566.2€ P/L 447 trades Balance 1338.83€ +68.87%
June 12: 1.576,000 units +23.7€ P/L 409 trades Balance 1362.53€ +1.71%
My old 100 to 1000 thread:
http://www.forexfactory.com/showthread.php?t=326877