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Forex Results for the Week UP 15% FOR THE YEAR
In this video are 2 Accounts I'm managing.
One is Open Account for all to see (and scrutinize), link Below. I started the account November 17 of 2022. So I am 1 week away from the 1 year mark, coming in at 15% for the year.
https://www.myfxbook.com/members/GeminiVeteranOne/gemini-veteran/9848115
The last account is part of an audition to mange a client's money.
I'd like to point out that my strategy works with all the major and minor pairs, and some exotics These are two different strategies, based on needs, and risk appetite.
The open account had a starting capital of $10,000, and is my own personal challenge of a 10% maximum drawdown. As well as holding positions longer for more upswing potential. Setting an initial goal of 20% for the first year. I also want to mostly be hands off, and let the market go, but with very strict open positioning and lot sizes.
The audition account, starting with $50,000, and has a much tougher maximum drawdown of 5%. So position sizing becomes even more key, although less difficult with a higher dollar value. Unfortunately, the smaller drawdown forces me to trade more oftan than I envisioned when I took on this challenge. I'm also forced to use smaller position sizes than I'd prefer. It caps me in profit potential by being so strict. But the client wants what they want, and I agreed.
Music:
Atomic - Tiger Army
Sound Bytes:
Robin Williams
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