The $50 account approaches $200
The high risk project to trade a free $50 into a serious amount of money continues to make progress. The account closed November in pretty good shape, here is the monthly statement from HotForex
The project remains on target to hit the $50,000 in 18 months but this is still very early stages we are only 3 months in but so far we have delivered 278% which is pretty good. The original target was $250 by year end and I think that is achievable.
As long as we don't have a big loss, which is always a possibility, the increased trade size should make the profit target achievable. The trade size is now up to 0.03 lots 3 times the original starting size, we also have access to more assets, we can now trade the crypto currencies as well as two indices (Nasdaq and Nikkei) plus several commodities. Previously we only had the margin to trade Currencies.
The Big winners this month were as follows
These two trades delivered the lions share of the profits, the biggest loser was AUDJPY at -$8
I am hoping to use this account as a training tool in 2018, I am planning a daily livestream broadcast analysing all the market opportunities, talking about my system and explaining with live examples my thoughts and actions. This will be a major change for my working and I am currently putting the technology in place, I will be running practise livestreams on an occasional basis in December before I commit to the everyday version.
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RetiredearlyFX is a trading name of the investment company Bagehotsway.
We are not a regulated company but we only sell regulated products.
We are not authorised to give investment advice.
We believe all figures quoted to be accurate but past performance in no way guarantees future performance
Trading FX is high risk and not suitable for everyone.