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"Charting Success: Week 12 Highlights on Our $25,000 Trading Expedition"



Last Updated: 12/27/2023

Day 188 (Week 52 Year)


In the unfolding narrative of our fourth $25,000 challenge, Day 188 of Week 52 has presented itself with unforeseen challenges. Despite the early obstacles, let's delve into the key highlights of Week 12 so far and assess our progress.

Signal Performance for the Year: 


* Total Signals:1,046
* Wins: 808, Losses: 238
* 77.24% Win Rate
* No Stop Losses Used for Signals

 Signal Risk/Reward Results:

* T1: 77.24% Win Rate
* T2: 65.86% Win Rate
* T3: 58.41% Win Rate

Proven Profitable at 50% with a 1:1 Risk/Reward Ratio

Signal Weekly and Monthly Results:

Weekly Win Rate: 58.33% (7 Wins-5 Lost)
* Monthly Win Rate: 67.12% (49 Wins-24 Lost)

Signal Long-Term Consistency:

Our 5-year 6-month average win rate remains robust at 77.75%,
 consistently falling into two categories: win or lose.

Signal Progress:

The Signal account, which started with $5,000.00 at the beginning of the final quarter to adapt to market conditions, has currently grown to $24,523.00 in Week 12 with 1 day left.

The initial goal of reaching $25k was accomplished in 12 weeks, on March 23rd, with an initial balance of $1,000, ending at $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.

For the final quarter, the account balance is $24,523.00 at Week 12, with 1 signal day remaining in the quarter and the year. The account started with $5,000, unlike the previous quarters where it began with $1,000, due to current economic conditions. A reassessment will be made in January as we commence the 2025 trading season.

Today's Signal P&L:
  
$1,351.00

Weekly and Monthly Signal P&L:

 $427.00 and $3,129.00, respectively.

 Total Signal Profit YTD:
 Impressively stands at $85,186.00, starting with $1,000.00.

DISCLAIMER:


While transparency is my goal, it's crucial to approach trading with common sense. Success is a journey, not an overnight achievement. I don't endorse quick-rich schemes. This 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, capital, and commitment. We cannot guarantee your earnings and don't imply it, directly or indirectly. Stay informed and trade responsibly.




Originally posted by Trading Friends Forex Education via Locable
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