"Mastering the Market: Week 12 of the $25k Challenge!"
Day 132 (Week 38 Year) - Week 12 of 3rd $25k Run We're cruising into Week 12 of our third $25,000 challenge, and the numbers speak volumes about our progress.
Signals: With a total of 752 signals received from Coach David, we've celebrated 595 wins and faced 157 losses. A noteworthy reminder: we continue to operate without the use of stop losses for our signals, underscoring our confidence in our strategies.
Average Risk/Reward Ratios: Our approach to managing risk remains steadfast. We categorize our trades into three tiers:
T1: Boasting an impressive 79.12% win rate, T1 signals offer a 3:1 Risk/Reward ratio.
T2: With a 67.28% win rate, T2 signals provide a 2:1 Risk/Reward ratio.
T3: T3 signals maintain a 60.63% win rate with a 1:1 Risk/Reward ratio.
Our profitability at a 1:1 Risk/Reward ratio remains consistent at 50%, grounded in our system's leverage.
FITM: It's important to reiterate that while we've seen 363 wins in this category, holding until EXPIRY is not advised, and they come with a 48.27% success rate.
Weekly and Monthly ResultsWeekly and Monthly Results: So far this week has been nothing short of remarkable, boasting a 90.90% win rate with 10 wins and 1 loss. Zooming out to the monthly scale, we achieved an 85.71% win rate with 24 wins and 4 losses.
Long-Term Success: Over the past 5 years and 2 months, our average win rate remains strong at 80.73%. This consistency is a testament to our unwavering dedication to our trading strategies.
Financial Progress: From our humble beginnings with $1,000.00, we've seen exponential growth in 12 weeks. Standing tall at $17,036.00, Day 1 trading 6 contracts marks a significant milestone in our journey.
Today's Signal P&L: We rounded off the day with a signal profit of $1,260.00, showcasing our ability to seize opportunities in real-time.
Weekly and Monthly Signal P&L: Looking at the bigger picture, our weekly and monthly signal profits and losses stand at $2,110.00 and $5,035.00, respectively.
Total Signal Profit YTD: With our starting balance of $1,000.00, we've achieved an impressive YTD total signal profit of $64,305.00.
As we continue this journey, we remain steadfast in our pursuit of our goal, holding true to our trading strategies. Stay tuned for more updates on our progress. Happy trading!Originally posted by Trading Friends Forex Education via Locable
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