"Closing the Quarter: Reflecting on a Remarkable Journey"
Day 138 (Week 39 Year) - Week 13 of 3rd $25k Run
In the heart of Week 13, as we approach the end of our third $25,000 challenge, our journey continues to be defined by steadfast dedication and remarkable results. Let's dive into the latest statistics and reflect on our consistent progress.
Signals: With a total of 779 signals viewed LIVE, we've celebrated 615 wins and faced 164 losses. It's essential to emphasize that we do not employ stop losses for our signals, underscoring our confidence in our strategies.
Average Risk/Reward Ratios: Our commitment to effective risk management is a cornerstone of our success. Here's the breakdown:
1. T1: With a notable 78.94% win rate, T1 signals offer 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: T3 signals hold a 60.07% win rate with 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 crucial to reiterate that while we've seen 374 wins in this category, these signals are not advised, and they come with a 48.01% success rate.
Weekly and Monthly Results: This week has been nothing short of commendable, boasting a 76.47% win rate with 13 wins and 4 losses. Zooming out to the monthly scale, we achieved an 80.00% win rate with 44 wins and 11 losses.
Long-Term Success: Over the past 5 years and 2 months, our average win rate remains robust at 80.73%. This consistency is a testament to our unwavering dedication to our trading strategies.
Financial Progress: We embarked on this journey with $1,000.00 and have witnessed incredible growth. Currently, we stand at $20,384.00 with just one day left in the quarter. It's worth noting that beginning January 2023, signals are posted from Monday to Thursday, making it a 4-day trading week rather than a 5-day week. We've kept the $25k per quarter goal for the sheer enjoyment of the challenge.
Today's Signal P&L: We rounded off the day with a signal profit and loss of $630.00, demonstrating our ability to navigate the markets effectively.
Weekly and Monthly Signal P&L: Looking at the broader picture, our weekly and monthly signal profits and losses stand at $2,238.00 and $8,383.00, respectively.
Total Signal Profit YTD: Starting with $1,000.00, we've achieved an impressive YTD total signal profit of $67,383.00.
As we conclude this quarter, we're excited to see what the next one brings. Stay tuned for more updates on our progress. Happy trading!
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