"Adversity Conquered: Insights from Week 6 of Our $25k Journey"

Introduction:

Entering the second month of our fourth $25,000 challenge, Day 162 of Week 45 holds significant weight on this journey. It's marked by unyielding dedication and an unwavering commitment to our strategies. Join us as we analyze the latest data and prepare for the path ahead.

Signal Performance:

Since the beginning of the year, we've meticulously analyzed 914 signals, resulting in an impressive 714 wins and 200 losses. Our approach, which excludes stop losses, fortifies our confidence in our strategies.

Risk/Reward Ratios:

T1 Signals: Displaying a 78.11% win rate, these signals offer an alluring 3:1 risk/reward ratio, falling under either T1 or full loss.

T2 Signals: Showcasing a 66.84% win rate, T2 signals present a 2:1 risk/reward ratio, categorized under either T2 or full loss.

T3 Signals: Operating at a 59.84% win rate, T3 signals come with a 1:1 risk/reward ratio, falling under either T3 or full loss.

It's important to note that signals do not implement a stop-loss strategy. Implementing a strategic stop loss can elevate these target percentages. Regardless of stop loss usage, profitability is achieved at a 50% win rate at each target when using a risk-reward ratio of at least 1:1.

FITM Category:

Despite securing 439 wins in this category, holding until expiry is never advised, resulting in a success rate of just 48.03%.

Weekly and Monthly Results:

The second trading day of the week and the fourth trading day of the month have displayed commendable resilience, with a 66.66% win rate for the week and a 68.18% win rate for November in its early stages.

Long-Term Success:

Over the last 5 years and 4 months, our win rate has consistently remained robust, averaging an impressive 76.875%. This ongoing performance underscores our unwavering dedication to our trading methodologies.

Signal Financial Progress:

Since the challenge's inception on October 2nd, 2023, with an initial investment of $5,000.00, we've made commendable strides, now standing at $12,359.00. Starting with a low number of contracts amplifies the challenge, making discipline all the more pivotal.

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 $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:

November 8th concluded with a profit of $675.00 for the session in a testy market. Our goal is to slightly increase our account while lowering our risk, all while being mindful of our daily draw-down. On days like these, it's crucial to remember that we're in a marathon, not a sprint, keeping the long-term goal in focus.

Weekly and Monthly Signal P&L:

Looking ahead, our weekly and monthly signal profit/loss stand at a profit of $650.00 for the week so far, trading just 4 days. The month of November began with a challenging week; however, profits stand at $1,448.00.

Total Signal Profit YTD:

Starting with $1,000.00, we've achieved an impressive year-to-date total signal profit of $75,870.00.

Conclusion:

We're eager to continue this journey, embracing each challenge that comes our way. Stay tuned for more updates on our progress. Happy trading!

Coach David