Purpose to open thread
NOTE: DUE TO MY FULL TIME JOB, NOW I DO PART TIME TRADING FOR MYSELF
This thread is for my friends to show them the results of my trading because I have promised them that they will get 40% Profit annually guaranteed.
I am going to post my trading results. I know traders will ask me many questions so I wanted to answer some in FAQ.
Note: If any trader asked me question which is in FAQ, I am not going to answer. I will ask traders to check the account balance first and then check the trade’s results and then compare both for their verifications.
- Which trading system you are using?
I am not using any trading system. I just do PA study and analysis by using stock and then trade.
- Why you are not using trade explorer?
Because I do not want to give details of my trades.
- Some traders run multiple positions and will show only positive trades so how you will explain yourself in that situation? (This question was asked by one trader via PM, when trader saw consistent positive results of my last 2 months trades.)
This is real live account so this is not joke. There are many ways to solve the problem. First way is to attach my account to trade explorer. Second way is to show equity and balance of account multiple times so that traders can check my consistent progress against my trades.
I am going to use second way.
- Why did you start this thread in trading Journals instead of commercial section?
Because I just want to show the trading results to my friends and I do not have any intentions to sell anything but if MODS move this thread to Commercial Content section; even then it is fine for me.
- Can you show your PA analysis? Can you show the detail of each trade?
No. Sorry this is little Private.
- What is secret of my success?
Six years of hard work and constructive approach. There are many traders here at FF who just criticizes the other threads but there is my advice that they have to work hard and learn all positive aspects from any thread and apply to their own trading.
- Is there any proof or history of your recent trades?
I have posted my trades for last 2 months in the thread “Multiple Time Frame Stochastic trading using 1min charts” under Trading Systems.
Deposit amount = $1983.36
Lots = 0.04 (UPDATE - From May 03, 2014 - Lot changed from 0.02 to 0.04)
TP=SL=50 Pips (Sometimes i close trade early due to weird behavior of PA)
Annual Profit = 40% (Guaranteed – If I am not able to achieve that target; I will pay from my own pocket)
Monthly Profit = 40/12=3.34%
My Friend’s share =30%
My Personal Share = All profit which is more than 30%