I registered two 50K combines under my name and my spouse's name to try out two different trading systems. Under her account, I carried out scalping strategies using 1 contract to trade. You can tell from the screenshot (taken at yesterday's close into the 10th trading day) that her account already accumulated enough profit to pass this combine. However, I still have to trade for 5 more days in order to pass this account according to 15 trading days rule. So, I'm going to take it easy on this account for the remaining days.
Under my account, I carried out day trading strategies. You can tell from the screenshot (taken today into the 4th trading day) that my account is currently under water. The reason being is that I didn't execute stop loss properly when price moved against my trades until it apparently became too late. I spent all day yesterday trying to figure out how to implement the stop loss rule and I think I figure out how to do it. Let's see about that for the next few days.
Woman seem to follow instructions better than man, including me Since she accumulated enough profit on her E2T scalping account. I asked her to open Leeloo account (with my help) today so she could continue to practice my scalping strategies. She is doing so far so good while I am still suck at carrying out my daytrading strategies.
I made ~$1200 (-$105 for data fee deducted from initial account setup) of profits using 1 contract to trade on a $50k funded account that was setup on late Thursday afternoon before market close. All of these profits were made by using scalping strategies. Other accounts are going to get funded soon by using scalping strategies as well. One account was quite close to getting reset, the one that I used to execute day trading strategies, is now close to getting funded after I decided to use scalping strategies to trade. Instead of feeling relief or excited that after years of practicing and forward testing scalping strategies in order to find my trading edge, I'm getting nervous because a) I'm not convinced yet if it's a real one this time (despite great results so far from back testing and forward testing) and b) how long it will last so I can take advantages of to make as much $$$ as I could. Thank you for reading my posts and have a great w'end.
Okay... it only takes 8 days to meet profit targets from using 1-lot to trade by using scalping strategies for 2nd E2T account and according to their rules, this account needs to trade for 7 more days in order to get funded. Another thing is that we got rid of Leeloo's funded account due to their payouts structure that is not suitable for us. The reason is too many restrictions including holding majority of profits payouts to us for the next four months. Byebye LeeLoo!!!