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Thread: Experiment: $100 to $1,000,000 USD in 155 Steps

  1. #21
    STEP 4: COMPLETED (5/29/06):
    4,000 B 1.2748 - S 1.2753 5 pips
    4,000 B 1.2794 - S 1.2796 2 pips
    4,000 B 1.2796 - S 1.2805 9 pips
    4,000 B 1.2804 - S 1.2812 8 pips
    Remarks: The bullish trend made it easy to cash out with this between 10-11:15pm EST..

    Profit: $9.60 (0.40/ /pip)
    Previous account balance: $140.85
    New account balance: $150.45

  2. #22
    Quote Originally Posted by ;
    I disagree. The only difference with my 400:1 leverage is it using less margin to place an order. Because I'm not putting tons of orders as a result of my newly found margin increase, I don't risk choking my account into departure. I see it as only a security factor. Irrespective of my leverage, I would trade the same lots for this experimentation. Pip values would be the same, margin is used, what is so bad about it?
    Once I say use 400:1 leverage, I am really leveraging yourself profoundly on transactions.

  3. #23
    Sitting on one of my first trades. Hasn't triggered my stops, as I've made my stop limit fairly high (would need to reach 1.3060ish). I entered the transaction and it didn't obviously. I think we're currently visiting triangles so I do not have a problem waiting it out. I feel like I know I already have steps in my mind to be certain that it doesn't happen again and what I have done wrong to get into this situation in the first position. Now that my home office redecoration is coming along I'll be able to sit and remain focused, awaiting chances. We'll see!

  4. #24
    I believe that you will come out ahead or relatively unshed if you're short EUR/USD then.

    Everyone is rooting for you.

    Cheers!

  5. #25
    Quote Originally Posted by ;
    If you're brief EUR/USD then I think you will come out ahead or relatively unshed.

    Everyone is rooting for you.

    Cheers!
    Due , it hit my mark and I am from the lousy transaction. Looking to finish step 5 tonight/tomorrow morning!

  6. #26
    I'm going to roll the dice a little bit and try to knock out step 5 and 6 at precisely the exact same time (48 pips @ .40/pip) while I am away from the keyboard tonight


    Moving Extended @ 1.2776

    seeking to hit 1.2824

    S/L 1.2526 (only at the beginning stages will I use stops this long, and because we're still at the triangle formation) Setting call alerts @ 1.2676 in case something drastic happens...

  7. #27
    Quote Originally Posted by ;
    I will roll the dice a little bit and attempt to knock out measure 5 and 6 in precisely the exact same time (48 pips @ .40/pip) while I'm out of the keyboard tonight


    Moving Extended @ 1.2776

    seeking to strike 1.2824

    S/L 1.2526 (only in the beginning phases will I use stops this long, and because we are still in the triangle formation) Setting call alerts @ 1.2676 if something drastic happens...
    Ever since I ended up being awake, I watched it creep around 25 pips in the positive... then drop down to approximately 5. . As it climbed up to approximately 18 I shut the order at 15 pips obtained. (1.2791)

    9 more pips to go for measure 5... I will likely let it dwiddle again then ch another extended hopefully

  8. #28
    Entered a long @ 1.2786

    Goal 1.2795

    = the 9 pips im Searching for to complete step 5

  9. #29
    Good luck!

    (After the transaction on screen. Not inside, but trusting it does make the 95. Crossing fingers)

    Just out of curiosity, where is your S/L?

    L.A.

  10. #30
    Quote Originally Posted by ;
    Good luck!

    (After the transaction on screen. Not in it, but trusting it does make the 95. Crossing fingers)

    Just out of curiosity, where is the S/L?

    L.A.
    Well I just believe that it will reach that level because I think that it's still on the up tendency. It has hit so I am betting it will even before going to a rally.

    S/L is an insanely low 1.2536. Call alerts @ 1.2686. I will not continue with this kind of trading... but for the time being, in this triangle, I frankly do not find a 2536 coming before a 2795.... What is the odds?

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