"Charting Victory: Exploring the Highs and Lows of Week 11 in Our $25,000 Trading Expedition"
As of December 21, 2023
Day 186 (Week 51 Year)
In week 11 of our ongoing fourth $25,000 challenge, Day 186 of week 51 was great! Let's assess our progress despite initial obstacles.
Signal Performance for the Year:
* Total Signals: 1,034
* Wins: 801, Losses: 233
* 77.46% Win Rate
* No Stop Losses Used for Signals
Signal Risk/Reward Results:
Signal Risk/Reward Results:
* T1: 77.46% Win Rate
* T2: 66.05% Win Rate
* T3: 58.60% Win Rate
* Demonstrated profitability at 50% with a 1:1 Risk/Reward Ratio
Signal Weekly and Monthly Results:
* Weekly Win Rate: 80.00% (116 Wins-4 Lost)
* Monthly Win Rate: 68.85% (42 Wins-19 Lost)
Signal Long-Term Consistency:
Signal's average win rate over the past 5 years and 6 months is 77.75%, with outcomes consistently falling into two categories: win or lose.
Signal Progress:
The Signal account commenced the fourth quarter with a balance of $5,000.00 to adapt to market conditions. By the conclusion of Week 11, the account balance had grown to $21,541.00. The initial goal of reaching $25k was achieved in 12 weeks, on March 23rd, starting with $1,000 and reaching an ending balance of $25,084.00. However, the second run, beginning with $1,000 again, concluded at Week 13 with a balance of $22,315.00, falling short of the goal by $2,685.00. The third run, starting on July 5th, 2023, ended at Week 12 with a starting balance of $1,000 and a balance of $21,497.00, missing the goal by $3,503.00
As of Week 11, the account balance for the final quarter stands at $22,248. There are 3 signal days remaining in the quarter and the year. Unlike previous quarters, the account began with $5,000 due to current economic conditions. We plan to reassess the situation in January when we commence the 2025 trading season.
Today's Signal P&L:
$707.00
Weekly and Monthly Signal P&L:
$3,290.00 and $3,626.00, respectively.
Total Signal Profit YTD:
Impressively stands at $84,759.00, starting with $1,000.00.
DISCLAIMER:
While transparency is our goal, it's crucial to approach trading with common sense. Success is a journey, not an overnight achievement. We don't endorse get-rich-quick schemes. The disclaimer clarifies that there's no guaranteed replication of our results. Past performance doesn't ensure future outcomes. Your success depends on your skills, resources, market knowledge, and commitment. We cannot guarantee your earnings and don't imply it, directly or indirectly. Stay informed and trade responsibly. All posted results are from genuine Trading Friends Forex Education members. No endorsement payments are made.
Originally posted by Trading Friends Forex Education via LocableToday's Signal P&L:
$707.00
Weekly and Monthly Signal P&L:
$3,290.00 and $3,626.00, respectively.
Total Signal Profit YTD:
Impressively stands at $84,759.00, starting with $1,000.00.
DISCLAIMER:
While transparency is our goal, it's crucial to approach trading with common sense. Success is a journey, not an overnight achievement. We don't endorse get-rich-quick schemes. The disclaimer clarifies that there's no guaranteed replication of our results. Past performance doesn't ensure future outcomes. Your success depends on your skills, resources, market knowledge, and commitment. We cannot guarantee your earnings and don't imply it, directly or indirectly. Stay informed and trade responsibly. All posted results are from genuine Trading Friends Forex Education members. No endorsement payments are made.
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