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Triumphs in Day Trading: A Week 9 Update on the $25k Run



In the fast-paced realm of day trading, every week brings new opportunities and challenges. For our intrepid day trader, Day 127 of the year marks an exciting milestone in the 35th week of their third $25,000 run. Let's dive into the week's progress and the impressive stats that Coach David's guidance has helped achieve.

 Winning Signals and Trader Levels:
 Signals are the lifeblood of day trading, and this week's count stands at an impressive 719 in total. Out of these, 566 have resulted in triumphant wins, while 153 faced losses. Diving deeper into the breakdown, we find the following success rates among different trader levels:
 T1 (Level 1 Trader): 78.72% success with 566 wins
 T2 (Level 2 Trader): 66.89% success with 481 wins
 T3 (Level 3 Trader): 60.36% success with 434 wins
 FITM (Not Advised): 48.12% success with 343 wins

Consistency is Key:
Consistency is a hallmark of a skilled day trader, and this week's results shine with a 94.11% win rate. Out of 17 trades, a remarkable 16 ended in victories. Zooming out to the monthly scale, the trader has secured an 80.00% win rate with 80 wins and 20 losses. This impressive performance isn't a fluke but a testament to 61 consecutive months of an 80.51% average win rate.
Growth and Milestones:
Starting with a modest $1,000.00 balance, this journey to success has been remarkable. The balance now stands at a staggering $10,761.00, a testament to consistent strategies and effective decision-making. The journey took off with five contracts on Day 1 and has continued to evolve. A reset on July 5th, 2023, marked the beginning of a new chapter, this time with one contract.
Triumphs and Near Misses:
The journey to $25,000 hasn't been without its ups and downs. The first run achieved the goal in just 12 weeks, culminating on March 23rd with a balance of $25,084.00. The second run came close to the target but ended at Week 13 with $22,315.00, missing the mark by $2,685.00. Undeterred, the third run commenced on July 5th, 2023, now in its 9th week and boasting a balance of $11,851.00. Current Gains and Milestones: The current week's signal profit and loss is an impressive $1,090.00, adding to the trader's growing success. Over the week, the signal profit and loss accumulated to $2,730.00, demonstrating the efficacy of the strategies employed. On a monthly scale, the signal profit and loss skyrockets to $8,212.00, reflecting the substantial gains achieved.
 A Remarkable Year So Far:
 When considering the year-to-date performance, the numbers are truly awe-inspiring. With a starting balance of $1,000.00, the trader has managed to amass a total signal profit of $58,250.00, showcasing their aptitude for navigating the ever-changing landscape of day trading. In the world of day trading, where precision and strategy are paramount, our trader's journey stands as a shining example of what can be achieved through dedication and a business-minded approach. With Coach David's guidance and a sharp focus on short, fact-driven decisions, the journey to financial success continues to unfold.Originally posted by Trading Friends Forex Education via Locable
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