Trading challenge: $5000 to $20.000 in 2 months regular trading.

Updated
Let's hope my regular job does not prevent me from doing this right.

I will try not to screw up :p


Starting in a few hours when the FX market opens.
Let's gooooo!


Long on my trading account.

Starting account = 5070$.
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Short EURJPY 30k.

Hope I don't start losing now that I started this challenge XD

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Trade active
Trade active
Short 30k AUDUSD

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Going to take profit soon on the first trade.
Do NOT reverse now! It bounced on 0.382 fib, 0.5 did not hold but maybe it bounces a bit further.
Let us not start this challenge with losses...

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Took profit on EURJPY, closed 15k, 58.78$ gainz.

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Why is EURJPY pumping hard?
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EURUSD fell in the past 3 hours, barely went up the past minutes probably it keeps going down.

Must just be the people taking profit...maybe the low RSI on 5 min...

I will only be worried if it goes beyond 0.5 fib.
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Bounced hard on that 0.618 exactly, but as EURUSD is back in the red, should go down...
Possible EURUSD bounces soon thought I think its next fib is in 15 pips, that would mean EURJPY goes up again probably ... We'll see. I am not sure where to set my SL that is the thing, but I think 0.5 + is okay, I give up alot of profit thought. I need to make more research and calculations.

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It really often bounces on these fibs exactly.

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Set orders on GBPAUD and AUDCAD, a stop loss at small win on AUDUSD, and limit close. Got a SL on what's left of EURJPY.
Now leaving won't be able to touch my trades for 2 hours.
Everything is ready, I am not needed.
Trade closed: stop reached
Got stop lossed on EURJPY at 128.375 (didn't even go that high, but the spread...), and on AUDUSD at 0.76503 (entered @ 0.76544).

Total profit for the day 81.33, account up to 5152.00 now.

A bit disapointed...

Onto the next trade!
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Good thing I closed these 2!
The harder they climb, the harder the fall...

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Trade active
Short GBPCAD, I spread my orders here, this is scary.
10k for now.

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20k
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What is this? XD This has to be some kind of record.
I think I set my third order too high :(
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Short 30k & more orders waiting. idk if this is wise XD

Fooomooo

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40k.
It...it's going to retrace before that 150DMA rr-r-rrr-r-right? hahaha I am not worried haha rr-r-r-rright?

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Open 1.73617 1.73720 1.73603 1.73490 10k each avg 1.73608.
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Yesterday, if I did not enter AUDUSD too low & just held my AUDUSD short I'd be at a nice profit :'(

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I keep getting alerts, New York session started early? isn't it in 2 hours?
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They say if you listen closely you can hear a Bitcoiner yell "HAVE YOU SEEN THAT GREEN CANDLE I HAVE TO BUY BEFORE IT IS TOO LATE. TO THE MOOOON. I also love Tron and Ripple".

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I WILL HODL MY SHORT. Even if it goes up I will hold, if it goes up it probably gets some bearish div idk. I want to wairt at least 0.382 before closing a portion.
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Not going to get stop hunted, I'm only getting out if it TRULY goes up.
I did the calculations, I know how far up it can go and often does before crashing down, and with high odds/winrate wtf do I care, I don't need a RR of 8000.

Last time scams:
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And then what happened?
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Stop loss hunting explained

tradeciety.com/stop-hunting-in-trading-exists/

#1 The Bull and Bear Trap

Confession time I have taken advantage of what is explained there, they always fall for it and then find some excuse, why shouldn't I? :D
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Daaayuuum!
Just saw the price drop almost instant!
Stay down now!
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Been a while since I remember seing stuff like this, Bitcoin back in the days and alts too... Alts probably have done this again recently but have not been watching.
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Find broker low fees.
Buy on low gtfo 1 pip below, scale out 5 pips bounce to 10.
Leave a bot with $1000 come back in a year enjoy your mansion.
Ye that would probably work XD
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VEGETA WHAT DOES THE SCANNER SAY ABOUT THE SCAM LEVEL?
ITS OVER 9000
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EURCAD went crazy too.
This is organised crime! By definition...
Well I guess this means I won't be shorting that today...
I can't just set 50 orders in advance in case something goes too fast...
Or... can I?
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Can't blame the broker!
I wonder who the liquidity providers are, how this works.
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Trade closed: stop reached
Fully expected to break my win spree when I start a challenge.

Down 167$.
Trade active
Short AUDCAD 25k
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Maybe a bit risky shorting into bearish divergence...
Well, as long as I get 80% winrate which I should, it can pump non stop from time to time...
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AUDCAD maybe I swing trade this one and short term small moves on the way down... Then go long if it actually starts an uptrend.

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Meanwhile the trade I did not take because I thought it was risky :D

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Ok I have 2 weeks to warm up & look like an idiot, and then I just win win win.
Big win streak, start trading challenge, make small win, lose it all and more next day winstreak over.
This was 100% guarenteed to happen.
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I don't have enough stats to know if I can scale between resistances or have to SL.
I probably got scammed. I've been looking at these charts for weeks but I don't know everything. Yet.

It is probably just going to fall now...

Ok AUDCAD, I have 5 reasons to short it:

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GBPCAD obviously now is going down :)
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Fuck your stupid stop losses, I am going back to scaling when the setup is really good. As long as I know how much I wil lose in the very worse case that never happens.
Or maybe I should have locked in profit on 0.382/set a stop) loss above my entry ot be safe. Just that giant candle...screw everything over.

Like someone read this and thought "noo I have to manipulate the market to fk him over he thinks he is invincible" XD Good luck doing this on every single trade I take.
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My bad :D
I listened to the losers "nooo you need stop lossssss you cwazay"
I better risk 5% of my account! Even more!
Than always get scammed and look like an idiot.
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I opened AUDCAD thought, higher than it was when I got SL..
So...
BUT only 25k and previous was 40k...

SHould have just gone the regular 30...

Geez my life story, 1 million wins in a row, take a single trade bigger ==> lose.
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Ah good I see the 2 orders for which I did not get filled went very much my way.
This feels awesome.
Probably just going to scale like an idiot now again.

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Probably missed a big winner.
Didn't see that...
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Next time I attempt a challenge it won't be when I am working full time can't see everything and always busy at random times.
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Reminder...

If I just traded the major pair as I should have been doing I would be at a big win within 1 hour :D

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Fk my luck today hooly crap.

Let's stop trolling I already try to beat 99.99% of traders while having a full time job, no point making it even MOAR hard on myself XD
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I am lost idk what to do XD Buy a voodoo doll that brings luck?

Every single trade I did not take today would have been a big win, those I took were trash. Maybe only focus majors + a few as long as I am busy all day...
Maybe I am only human...
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Testing the low of the inside candle.
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Trade active
Short GBPUSD.
I hate GBP but I'll take the risk.

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Bearish divergence at several resistances in a downtrend, gosh if this doesn't give me a big fat winner idk anymore.

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Closed 10K on AUDCAD for an awesome profit of 27$
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Long 3K AUDCAD, I am waiting for one of the 0.382 fib to long more (I am still short 15k since up there, this will be my hedge - they hedge each other).
If we go up to 0.382 other way I close long and set SL on short @0.5 or 0.618, and hope it goes down I make more, otherwise still all good.
It goes down without a bounce (like it ever does that 95% of the time it does not I checked!), I have more short than long so I make a little bit.
AT least in any case I will have satisfying profits, if I don't get what I want - worse case scenario - I won't pay for that stupid big loser (why did I go 40k???) but there is also GBPUSD...

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I don't even know why I considered trading GBP and NZD pairs...
They have spreads over 3...

Who trades that? Some brokers have smaller spreads?

Swing trading = a ton of rollover I suppose...?

EURJPY AUDCAD for example, these are pretty good ones! (outside of majors).
Same spreads as majors and work well.
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Alert popped off on GBPJPY, did the right choice this time rofl.
Twice the spread too -.-
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Wait on GBPCAD I set my SL @ 0.45% rather than 0.35% wasn't supposed to lose so much -.-
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Looking at a few times MA20 provided support/resistance, we got nice clean rejections.
This

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This time ... not so much...
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I am going to check more examples...
Maybe this is a sign I should use a SL under my selling price...
Order cancelled
Out of GBPUSD I don't know that one well enough I prefer to step out...
Won't touch it until I know more.
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I could take only the very best trades but then I'm afraid I only take 2 a week XD
Let's see how this first week goes.
Trade closed: stop reached
I... got stopped... unregulated broker...
Guess I'll need a new one...
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15$ profit AUDCAD what was left... wow...

Wtf happened? Did their spread magically increase enormously?
Or closing a long means short gets closed too????
How tf does their idiot system work???
I guess I'll have to figure it out the hard way... Locking in 90% profit next time...

A broker regulated that works as intended with good reviews 2FA and low spreads ... oooh yeah...

Slept 2 hour today today, glad this day is over.

Special mention to my kanker neighbourgs doing heavy machinery, louder than a machine gun I am serious.

Nice challenge. Oh well I'll just cheat & use my secret strategy.

If I set my SL 50 pips awyas will it get hit too...?????????
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Others are not really better.

Wtf is the solution? Trade CME futures?

Or just never go overnight with a non-major pair...

Why does this have to be so dumb.

This is why a high winrate is more important than some troll "risk to reward".
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I guess a SL should just be a last resort to not owe 25 MM to a broker...
Better close manually when it makes sense.

No one is competitive here, only greedy monkeys cheating their way 24/7 to scrap some money, cannot be as bad as scheming lying crypto bastards they're at the top of the filth, but alot of monkeys are pretty close.

Only CME legit?
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All these details are important, to make it perfect...
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Had to miss out on a few because I silenced alerts need to sleep wel and then need to go to work.

Don't think I would have traded NZDJPY.
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Trade active
Short EURCHF... Almost missed that one because "Flash Adobe that had no problem in 12 months now has one tihihi good timing"

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- Will check GBP pairs quick, if they are bad I ignore them, anyway I can only suscribe to 20 pairs the rest I won't be able to trade if I am away from a PC (from my phone). I don't have time to check everything everytime and suscribe to those close to support.

- Perfect example of why it sucks to chase trades like noobs chase shitcoins: I missed on the great trades that were wins I posted 2 or 3 here, but I sure did not miss out on garbage no profit, or even loss.
I am expecti ng EURCHF to work for me, the 3 I missed were the same setup... so if the 1 I trade is the 1 that does not work out... I am just too unlucky...
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*30k the usual.
Gj going bigger on bad trades only.

Hmmm I won't try to pick 10 trades a day anymore I cannot XD
Not with full time job rofl.
Too hard for me guess I am only a demi god hue hue hue.
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If this one does not go where I want I will become the most emotional trader.
I would be so pissed ...

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Having a look at the trades I did not take this week, for next time.
All wins except GBP which bounced too high XD
Very interesting...

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Expecting EURCHF to maybe go all the the way to DMA200 while CHFJPY finishes retracing, then once it is done, CHFJPY goes up and EURCHF goes back down.
I double up if EURCHF goes up, I checked hundred of examples ... very high winrate...
Do not troll me now...

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Torturing myself by looking at the trades I SHOULD have been taking.

Let's call this "paper trading", for educational purposes.
The trend daily is uncertain or bullish BUT bearish weekly *maybe* turning bull, we are hitting several resistances in particular reactive weekly MA.
A trade to take.
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USDCAD alone would have paid for my loss easy...
Let's hope next week offers plenty opportunity and I don't miss them.
Still don't know if GBP and NZD are good enough for me to keep watching :/
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Trade active
Short AUDUSD 30k

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It...already...retraced...
How did I miss that? Shit alert.
Oh well, gamble time...
I have a project to work on here... screw me...
Just will have to prepare everything to the last detail during the week end...
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Plenty of resistances but they are so far away XD
Oh well this is just for fun, whatever.

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EURCHF the rising star now a burning comet crashing down.
Wonder what will happen on 0.382.

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Is the next fib and all the MA's too far away? Yes.
Will I keep scaling and risk a huge loss again? Yes.
All things considered should I just end myself? Yes.

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I sense...bearish div at resistance.
Tell me I sold at the top for once.
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40k/30k = 1.33 ==> 167$ ==> 110$
0.45/0.35 = 1.285 ==> 85$

Doing this right my losses should be rare and never more than 85$

Lmao when I succeed even when starting with a handicap that will make me savour my win even more.

If half the planet does not decide to harass me as they love to do.

And then again I will still succeed.

My employer is non stop remind me to go talk to him about my "career", they need a ton of documents I have to spend ages making, and I have to waste a full day for this.
When I say I don't want to do this they get surprised and tell me it is for my own good, it is a servie they are making me, they started saying it was mandatory.

I have no grief with these people, but if they keep insisting with that thing I am going to go there right before quitting with sandals, a fishing rod and bermuda shorts :p
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DOn't really know what to expect with AUDUSD, hopefully no big pump, too tired to think, but EURCHF, got some ideas. Bounce on 0.5 next perhaps, here I will take profit, but I want even more, and try to ride it further.

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I think there can be considerable gains in Swiss Franc strength compared to the euro.
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Checking the euro in 2014:

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So AUDUSD testing .236 fib....

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Checked some spreads. To me the % matter more than pips, but maybe I am wrong.
I need more stats... Doing quantum trading but with no PC, all in my head.
I am dying....

Pair Pips Percent
AUDUSD 1,8 0,0234%
EURUSD 1,2 0,0101%
GBPUSD 1,5 0,0111%
NZDUSD 1,7 0,0241
USDCAD
USDCHF
USDJPY
EURAUD
EURCAD
EURCHF 2,3 0,0198%
EURGBP
EURJPY 2,1 0,0162%
EURNZD
AUDCAD 2,4 0,0242%
AUDCHF 2,2 0,0291%
AUDJPY
AUDNZD 2,7 0,0248%
CADCHF 2,2 0,0288%
CADJPY 2,5
CHFJPY 2,5 0,0224%
GBPAUD 2,9 0,0165%
GBPCAD 3,1 0,0178%
GBPCHF 3,6 0,027%
GBPJPY 2,6 0,0175%
GBPNZD 3,7 0,0194%
NZDCAD 2,3 0,0252%
NZDCHF 2,5 0,036%
NZDJPY 2,4 0,0309%
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I have to check at least 15 examples per pair before I decide which one I keep and which one I eliminate. God what a grind.
Already spent weeks putting data in excels.

I wish I had a slave.
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Removing some pairs or I WILL DIE.
GBPNZD
NZDCAD
NZDCHF
NZDJPY
Cya.

Then I got to check other ones, and eliminate those with not so good stats...
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Wow. I love to win but wanted to sleep before I really DIE.

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Why epic fall now?
Asians...aarrg

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Setting a limit close on AUDUSD at 0.76400 for half position.
Leave me alone let me sleep...

Will be 50$ profit.
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If GBPAUD spread in % is 0,0165% & AUDUSD 0,0234%, why would I trade AUDUSD while it has less reward in % too??? Pay more to make less???

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I will be purely logical here and pick the pairs that are the most productive and cheapest....

Focus on a dozen will be way easier.
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EURCHF crash, but not taking profit yet...
I am supposed to take it further.

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Trade active
Short 20k EURUSD.
Adding more on that fib, probably it goes there.

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Set take profit orders on AUDUSD & EURCHF in case I am away and miss it, at 30 pips each for a profit of 50$ each

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EURUSD should go down now?
Before reaching .382 fib?
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Short 20k EURGBP

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That was quick...
Not closing before it goes down more thought....

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Closed 15k AUDUSD for a profit of 50$
I'm so tired, don't want to bother trying tofigure what to do next lol.
Idk either I ride my winner as long as we stay above 0.236 or 0.382...
EURCHF getting there. EURUSD down, EURGBP flash crash and now going up.
Let's see...
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Looking at a past reject resistance.
Stayed below 0.382 before going way down.
Guess I will be quite successful riding my winner as long as it stays under 0.382.

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I think 0.76 is a pretty decent target for AUDUSD.
That would net me an additional 100$ profit (taking spread into account).

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Trade closed: target reached
EURGBP close 102$ profit. I went only 20k this time because I am dead. QQ
Making these losers big & these winners small.
Going to keep an eye on it, I wonder how much further it will go.
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Good, so AUDUSD still going down, got to make sure it does not reverse,
EURCHF formed a lower high... hopefully it can go to my T1 today...
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EURUSD going down?
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Order cancelled
* I had an order on EURJPY 2 nights ago I forgot to mention, I forgot to cancel it it filled and then got stopped while I was sleeping, loss of 85$ great.
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My only good day so far.
Next week all my days should look like this.
This week end I have to prepare well.

Closed:
Symbol S/B Open Close Amt P/L Gross P/L Com Roll Open Time Close Time
EUR/CHF S 1.16152 1.15840 15 31.2 47.71 0.00 -0.86 6/06/2018 06:06 6/07/2018 12:49
EUR/GBP S 0.88340 0.87959 20 38.1 102.46 0.00 0.00 6/07/2018 07:51 6/07/2018 11:34
AUD/USD S 0.76738 0.76405 15 33.3 49.95 0.00 0.00 6/06/2018 09:54 6/07/2018 09:50
Total 50 102.6 200.12 0.00 -0.86

Still open:
Symbol Amt S/B Open Close Stop Stop Move Limit P/L Gross P/L Com Roll Usd Mr Time
EUR/USD 20 S 1.18180 1.18052 1.17830 12.8 25.60 0.00 0.00 260.00 6/07/2018 03:13
AUD/USD 15 S 0.76738 0.76210 0.76030 52.8 79.20 0.00 0.00 135.00 6/06/2018 09:54
EUR/CHF 15 S 1.16158 1.15776 38.2 58.43 0.00 -0.86 195.00 6/06/2018 06:07
Total 50 103.8 163.23 0.00 -0.86

TO THE MOON!!!

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Wanted to short EURAUD but I was outside.

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Bullish divergence, so maybe better only watch this one & see what happens.
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I'm not sure if best to close on a break of 0.2 or .3 fib, here I closed EURCHF what was left for a profit of 50$, euro spiking too much.
This weekend I'll look into it more.

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AUDCAD spread down to 0.4 wtf is going on?
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Good.
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I have to check cross currency charts to make sure, maybe a bit tommorow and mostly this week end, but I think I will give up on most of them.
I will keep EUR pairs some GBP & maybe AUDCAD.

I am probably going to trade USDSEK USDMXN USDCNH, their spread are large but in % they are not.
USDCNH actually is cheaper than EURUSD... How does that work....
USDMXN cheaper than most majors.
If their charts are good I trade those.

! Better than looking at all the cross currencies & take redundant trades.
They could be good for hedging but I am not interested.
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Why do I even bother...
EVERYTHING WORKS THE SAME.
All pairs work the same, Bitcoin works the same & the rest of crypto, if it was not for Bitcoin sometimes dictating what they do, they would work the same.
I wonder if stocks work the same...
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I am not 100% sure on EURUSD right now and I don't want to bother, so if it goes higher, I set a stop loss at 23$ profit...
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Oh took some positive rollover on EURUSD, does not happen often to me. Only 0.94 but feels good :p
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AUDUSD on 50DMA now, waiting to see what it does...
USD to the moon!

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Trade closed: stop reached
EURUSD formed a higher low on the hourly and is going up, I closed for a profit of 23$
Am now short EURAUD running into 20DMA among other things but only 5k

AUDUSD slowly bouncing...
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DMA50 lost, next stop DMA20?

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AUDUSD testing daily MA20 now.
On my 15k left on that trade I am at a 150$ profit if I close right now.
I just want to ride this one forever.
Shall we lose 20DMA significant downside is very possible.
I can very comfortably ride this one for a while.
Lmao rollover is ZERO, I can HODL for 2 months.

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Does the bullish divergence matter? I wonder. But I don't really think so.
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Similarly, does bearish div matter with my other (baby)trade?

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For next week I will add the swedish krone mex pesos & Yuan to the currencies I look at, and remove the pairs with spreads of 0.03% like NZDCHF come on, that remove alot of my "margin" since I usually aim for 0.25%-0.5% something like that.
Anyway any move these would have had is probably going to happen throught USD pairs.
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Seeing 2 possible counts.
Looks like we are in ABC of the bigger one.
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I should not have closed EURUSD but I was just too tired & have to go work
The herd has nonsense rules where results do not matter, only your diplomas & being on time matter. And being present to the same location as other people in the same company.

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Bounced on DMA20 & testing fib level now. So what will it be...
I should have gone lone on DMA20 while holding this short as hedge but I only have 2 arms.

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Closed 10k on AUDUSD for a profit of 84$

I could make more & play perfectly if I was 100% focussed on this, it anoys me but it does not matter I have time.

Later, I will not have any distraction and do whatever the I want to do.
Trade closed: target reached
ALmost disapointed EURAUD was not a loss...
Symbol Amt S/B Open Close Gross P/L P/L Com Roll Open Time Close Time
EUR/AUD 5 S 1.55157 1.54839 12.06 31.8 0.00 0.00 6/08/2018 01:01 6/08/2018 08:37
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Wow that one went fast.
Got an alert while I was away.

For next week I am simply going to put alerts far away from entry & set my orders in advance no brain & we'll see how that goes.
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For next week.

I will scan for tickers that offer trade opportunities & set orders in advance with SL & target. And alerts for those only that can be traded.
When I wake up & regularly during the day I will check what alerts got triggered, what orders filled, and try to babysit the trades.
Mid-week I will check on the no trades see if anything developped.

If possible / if I feel like it I will give a quick look to every pair 1 by 1.

I do not know if I want to trade certain ones with high spreads of 0.025% and more.

Up to 31 FX pairs + Oil & Gold (if it decides to quit that MA finally).

Going to be all chill and let everything take care of itself if I am not around.
We'll see how that goes :)
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I want to short gold now...
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Week is almost over, I am up 5%, maybe a bit more depending on the position I have left.
Next week I should do better, if I do not fail. Or overtrade...

I think I post a screenshot of all my trades at the end of the 2 months.
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The problem with being sleep deprived...
GBPCAD should have been a win.
What is wrong with me?
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I am looking at charts now, perfecting it all.
Now I am worried my broker notices my success and copies me, or worse finds my success secrets... qqqqq
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If I am too successful... maybe I should throw some random trades while hedged on another broker... to surprise him, so I don't get copied... or....take a huge loss on purpose.
Got to cover my tracks.
I wonder if they try to hunt down successful traders too. Like Bitmex? Liquidating everyone no survivors.

Better be paranoid and alive than "normal" and dead.
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I gave up I got the best system in the world but no hands.

And everything died so I had to do research to find new setups.

But hey, I just calculated, if I keep making 5% a week for 10 years (considering I make more in October-May and less June-April but on average 5 a week) and it scales forever, my ROI after 10 years is 104336320364,95025535785243614407

10,000$ to 1,043,363,203,649,502 (1 quatrillion $) challenge started!

Earth first quatrillionaire by ~40.
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