"Unwavering Consistency: The Key to Trading Success"
Day 137 (Week 39 Year) - Week 13 of 3rd $25k Run
As we stride into Week 13 of our third $25,000 challenge, the journey continues to be a testament to our trading strategies. Let's break down the latest numbers and reflect on the progress we've made.
Signals: With a total of 774 signals viewed LIVE, we've celebrated 611 wins and faced 163 losses. It's crucial to remember that we do not utilize stop losses for our signals, reaffirming our confidence in our strategies.
Average Risk/Reward Ratios: Our dedication to risk management remains at the core of our success. Here's the breakdown:
1.T1: With a noteworthy 78.94% win rate, T1 signals come with a 3:1 Risk/Reward ratio.
2. T2: T2 signals maintain a 67.31% win rate and a 2:1 Risk/Reward ratio.
3. T3: Maintaining a 60.20% win rate, T3 signals have a 1:1 Risk/Reward ratio.
Based on our system, we remain profitable at a 50% win rate while playing with a 1:1 Risk/Reward ratio.
FITM: It's essential to emphasize that while there have been 372 wins in this category, holding until EXPIRY is NEVER advised, and they come with a 48.06% win rate.
Weekly and Monthly Results: This week has showcased our resilience, with a commendable 75.00% win rate from 9 wins and 3 losses. Zooming out to the monthly view, we maintained an impressive 80.00% win rate with 40 wins and 10 losses.
Long-Term Success: Over the past 5 years and 2 months, our average win rate stands strong at 80.73%. This unwavering consistency is a testament to our dedication to our trading strategies.
Financial Progress: Having started 13 weeks ago with $1,000.00, we've made significant strides. We now stand at $19,754.00, and Day 5 of trading 6 contracts marks another milestone in our journey.
As we approach the end of the third quarter, we're gearing up for an exciting new chapter.
Today's Signal P&L: We wrapped up the day with a signal profit and loss of $708.00, showcasing our ability to navigate the markets effectively.
Weekly and Monthly Signal P&L: Zooming out, our weekly and monthly signal profits and losses stand at $1,608.00 and $7,753.00, respectively.
Total Signal Profit YTDfit YTD: Starting with $1,000.00, we've achieved an impressive YTD total signal profit of $67,753.00. With our eyes set on the future, we're poised for even greater achievements. Stay tuned for more updates on our progress. Happy trading!
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Trading Friends Forex Trading Group
704-202-1730
www.tradingfriends.org