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Nairaland Forum / Nairaland / General / Investment / 6 Months Forex Challenge. (2653 Views)
6 Months Forex Challenge / 12 Months Forex Challenge. / Real Forex Challenge (2) (3) (4)
6 Months Forex Challenge. by Nobody: 8:36am On Sep 26, 2021 |
I am back again. To push myself to higher limits . In my previous challenge. Link below. https://www.nairaland.com/6479984/12-months-forex-challenge I challenged myself to make a compound profit of 30% per month. Though I succeeded but I got bored after 5 months plus. However in this challenge I am shortening it to 6months instead of the previous 12months target in my former challenge. Here is the challenge: Account: $500 Monthly compounding profit: 50% Max DD: 20% Average Risk to Reward: 1:6 Risk per trade: 2 to 3% Minimum Win rate: 50% Leverage: 1:500 Target Balance after 6 months: $5,500 Use of SL in 75% of my trade ( I have not used SL in years. So it's a challenge for my psychology) Note: There was too much fight in my previous trade challenge because of too much negative energy. However, I will not be responding to any unconstructive negative comment. It's called a challenge because it's a difficult task. It's called a challenge because there is room for failure. Like in my previous challenge, I am hopeful to come out a Winner again. In as much as FX is a game of probability and many people barely make 5% in a month, winning requires a positive mindset and I must safe guard mine. 3 Likes 1 Share |
Re: 6 Months Forex Challenge. by Sunnybabe(m): 9:46pm On Sep 26, 2021 |
Weldone boss, how I wish u can be giving me signal just to recover small... I loss 30k last month which is my last card 2 Likes |
Re: 6 Months Forex Challenge. by ElectronicMoney(m): 7:45am On Sep 27, 2021 |
NetValueFX: Is a leverage of 1:500 not too high and risky? |
Re: 6 Months Forex Challenge. by Nobody: 8:26am On Sep 27, 2021 |
ElectronicMoney:I use ForexChief and their leverage is automatic. They have preset leverage for different account size. The bigger the account the lesser the leverage. I will not be over leveraging though. 2 Likes |
Re: 6 Months Forex Challenge. by Nobody: 8:28am On Sep 27, 2021 |
Sunnybabe:You can follow the explorer on my signature. I will not be locking it. |
Re: 6 Months Forex Challenge. by Sunnybabe(m): 7:11pm On Sep 27, 2021 |
NetValueFX:am I going to register live account with them before I can have access to page 3 Likes |
Re: 6 Months Forex Challenge. by Nobody: 11:17am On Sep 28, 2021 |
Sunnybabe:No |
Re: 6 Months Forex Challenge. by jom28gy(m): 1:44pm On Sep 28, 2021 |
I don't understand |
Re: 6 Months Forex Challenge. by blazebaba(m): 1:06pm On Sep 30, 2021 |
Just a learner willing to learn and earn...following you like the shadows... |
Re: 6 Months Forex Challenge. by JAkpayen(m): 2:24pm On Sep 30, 2021 |
NetValueFX: Best of luck!!!!! 2 Likes |
Re: 6 Months Forex Challenge. by Babara1994(m): 7:44pm On Sep 30, 2021 |
How do you gauge ur risk reward ratio when you don't use SL in all your trades? |
Re: 6 Months Forex Challenge. by noble2faith(m): 11:44pm On Jun 04, 2022 |
We are following |
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