"Pinnacle Progression: Week 4 of Our 4th $25k Challenge"
Day 152 (Week 43 Year) - Week 4 of our 4th $25k Challenge
Today marks a significant milestone - Day 152 of Week 43, as we delve into the fourth week of our fourth $25,000 challenge. With renewed vigor and unwavering commitment to our established strategies, let's dive into the latest figures and set the stage for what lies ahead.
Signals Analysis
Year to date, we've processed and analyzed 860 signals live, resulting in an impressive 677 wins and 183 losses. Our steadfast approach, excluding stop losses for signals, reaffirms our confidence in our strategies.
T1 Signals: Showcasing a remarkable 78.72% win rate, these signals offer an enticing 3:1 risk/reward ratio. They fall under either T1 or full loss.
T2 Signals: With a win rate of 67.55%, T2 signals present a 2:1 risk/reward ratio. These signals demand a touch more skill, balancing lower risk with higher reward, falling under either T2 or full loss.
T3 Signals: Operating at a win rate of 60.11%, T3 signals come with a 1:1 risk/reward ratio. This level calls for mastery, where you risk dollar-for-dollar. Members targeting T3 have completed phase 4, achieving a win rate exceeding 77% by implementing a Stop Loss strategy.
Based on our system, we maintain profitability at a 50% win rate while adhering to a 1:1 risk/reward ratio.
FITM Category
It's imperative to underscore that despite achieving 419 wins in this category, holding until expiry is never advised. By doing so, you observe a success rate of just 48.72%.
Weekly and Monthly Results
The first day of the 4th week and day 12 of the month have showcased commendable resilience, with an 80.00% win so far for this week and 80.00% so far for the month of October.
Long-Term Success
Over the past 5 years and 3 months, our average win rate stands strong at an impressive 80.36%. This consistent performance underscores our unwavering dedication to our trading strategies.
Signal Financial Progress
Since the inception of this new challenge on October 2nd, 2023, with $5,000.00, we've already made commendable strides, now standing at $8,956.00. This marks a promising start to the quarter. Starting with a low number of contracts amplifies the challenge, making discipline all the more pivotal. Today was our 3rd day trading 3 contracts. We will start trading 4 contracts tomorrow.
A Look Back
Reflecting on past challenges, we've witnessed the evolution 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
The day concluded with a profit of $330.00. As we continue through this tricky month, our aim is to slightly increase our account while lowering our risk, all while being mindful of our daily draw-down.
Weekly and Monthly Signal P&L
Looking ahead, our weekly and monthly signal profits stand at $330.00 for the week and $3,966.00 for the month of October.
Total Signal Profit YTD
Starting with $1,000.00, we've achieved an impressive year-to-date total signal profit of $72,422.00.
We're excited to embrace this new challenge and look forward to sharing more updates on our progress. Happy trading!
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