Embracing the New Challenge: Week 1 of our 4th $25k Pursuit

Day 140 (Week 40 Year) - Week 1 of our 4th $25k Challenge

 As we embark on a new chapter with our fourth $25,000 challenge, the journey ahead holds promise and opportunity. Let's delve into the latest figures and set the stage for the weeks to come.

Signals: With a total of 790 signals received, we've achieved an impressive 625 wins and faced 165 losses. It's essential to reiterate that stop losses continue not to be employed for our signals, underlining our trust in our strategies.

Average Risk/Reward Ratios: Our commitment to effective risk management remains unwavering. Here's the breakdown:

1. T1: With a commendable 79.11% win rate, T1 signals offer a 3:1 Risk/Reward ratio.
2.  T2: T2 signals maintain a 67.72% win rate and a 2:1 Risk/Reward ratio.
3.  T3: T3 signals hold a 60.37% win rate with a 1:1 Risk/Reward ratio.

Based on our system, we remain profitable at a 50% win rate while playing with a 1:1 Risk/Reward ratio.

FITM: It's crucial to reiterate that while we've seen 383 wins in this category, holding until EXPIRY is NEVER advised, and they come with a 48.48% success rate.

Weekly and Monthly Results: This past week, we showcased a remarkable display of resilience, achieving a flawless 100.00% win rate with 6 wins and 0 losses. Looking at the bigger picture, our monthly performance mirrors this perfection, boasting 6 wins and 0 losses as well.

Long-Term Success: Over the past 5 years and 3 months, our average win rate stands at a formidable 80.36%. This consistency is a testament to our steadfast dedication to our trading strategies.

Financial Progress: As we transition into this new challenge, we started with $5,000.00 and have already made strides, now standing at $5,656.00. This marks a promising beginning to the quarter.

A Look Back: Reflecting on the previous challenges, we've seen the progression of our strategies. The first run to $25k was accomplished in 12 weeks, culminating in a total of $25,084.00. The second run concluded in Week 13 at $22,315.00, falling short of the goal by $2,685.00. The third run, which concluded at $21,497.00 in Week 13, was just shy of the mark by $3,503.00.

Today's Signal P&L: We concluded the day with a signal profit and loss of $656.00, setting a positive tone for the week ahead.

Weekly and Monthly Signal P&L: Looking ahead, our weekly and monthly signal profits and losses stand at $656.00 each.

Total Signal Profit YTD: Starting with $1,000.00, we've achieved an impressive YTD total signal profit of $69,152.00.

As we embrace this new challenge, we're filled with enthusiasm for the journey that lies ahead. Stay tuned for more updates on our progress. Happy trading!
Coach David