Embarking on Triumph: Unveiling Week 8 of Our $25k Trading Expedition
Greetings Traders,
In our fourth $25,000 challenge, Day 174 of Week 48 marks a pivotal milestone. This leg of our journey is defined by dedication and commitment to our strategies. Join us as we delve into the latest data and gear up for the journey ahead.
Performance Highlights:
Since the year began, an analysis of 973 signals resulted in an impressive record of 759 wins and 214 losses. Our strategic approach, intentionally avoiding stop losses, fortifies our confidence in our trading methodologies.
Win Percentage:
LIVE Signals:
Boasting a 78.00% Win Rate, these signals offer an enticing 3:1 risk/reward ratio, recorded as a Targeted WIN or a FULL LOSS.
Importantly, our signals operate without the implementation of a stop-loss strategy. Profitability remains achievable at a 50% win rate, coupled with a risk-reward ratio of at least 1:1.
Weekly and Monthly Highlights:
The last trading day of this week and month showcased remarkable resilience, boasting an 82.60% win rate for the week and a 74.07% win rate for November.
Long-Term Triumph: Our win rate has consistently stood strong over the past 5 years and 5 months, maintaining an impressive average of 75.47%.This sustained performance underscores our unwavering dedication to our trading methodologies.
Progress from Signals: Since the initiation of the 4th quarter challenge on October 2nd, 2023, with a starting balance of $5,000.00, we've made commendable strides, currently standing at $17,622.00 for the 4th quarte
Today's Signal Profit and Loss: November 30th concluded with a profit of $636.00 for the session in another silly market. Our overarching goal is to incrementally grow our account while mitigating risk, all while remaining mindful of our daily drawdown. On days like today, we recognize the movements quickly adjust accordingly, and cut losses based on technical analysis with Coach David providing real-time signals and play-by-play insights.
Weekly and Monthly Snapshot: Looking ahead, our weekly and monthly signal profit/loss stands at a profit of $2,783.00 for the week, having traded only for 4 days. Despite a challenging start to November, profits total $6,711.00 in just 16 trading days, spanning 3-4 hours each morning.
Total Signal Profit Year-to-Date: Starting with $1,000.00, our year-to-date total signal profit stands impressively at $81,133.00.
In Summary: Our eagerness to continue this journey is unwavering, as we embrace each challenge that comes our way. Stay tuned for further updates on our progress.
Happy Trading!
Coach David
*DISCLAIMER: While I aim for transparency, it's crucial to exercise common sense. I assume you're an informed adult aware that success doesn't materialize overnight. I don't endorse get-rich-quick schemes. Legalities mandate clarity, hence the official disclaimer: There's NO GUARANTEE that techniques from Coach David or tradingfriends.org will yield identical results. Past performance doesn't ensure future outcomes. The shared results are real but may not align with your situation and are not a guarantee of earnings. Materials on tradingfriends.org and our slack platform aren't a "get rich quick" scheme. Your success depends on your skills, resources, market knowledge, and commitment. WE CANNOT GUARANTEE YOUR EARNINGS and don't imply it, directly or indirectly.
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