0

Fresh statistics of $100 TO $100k PROJECT

As you know my idea to make $100k from $100 is not an easy thing. Many of my readers can’t deal with hedging, so I asked them to use Stop Loss. My trades are generates nice profit with SL too, so use it, loose the bad trades.

As you can see the project works fine. I made more than 113% profit in 9 trading days and I have running trades, what will also make profit if I’m right.

You can see that after I reached the $200 balance, I changed my trading lot size to 0,03. It helps me to earn faster, if my trades will be good. This morning I had a good and a bad closing, so if everything happens by the stats, my running trades will close with profit.

Im trusting in the strategies I use, and I’m going to share many of them soon.

Come and check the stats, trades every day and read the new posts to learn more about my earning options.

0

NO LOSS STRATEGY – HEDGING

First you have to know a very important thing. NOT ALL BROKERS ACCEPT HEDGING!

What is hedging?

In my words hedging is a new trade to protect your existing trade from an unwanted move.

For example: This week, I placed an EURJPY BUY trade @124,345. It started to go down. I set up the HEDGE trade (SELL STOP @ 123,700) instead of an SL. It opened next morning and I saw it, so I watched the moves. I’ll write about PRICE ACTION soon, but if you already know what is it, I saw in many timeframes that the down move is stopping (the bulls are going to beat the bears 🙂 ), so I closed the hedging trade.

Than you can see that the trade is started to go to the right way so it went to positive. I saw the the up trend is stopped again, so I closed this trade with low profit.

CONCLUSION: I earned 2 low profit instead of a SL.

So how I use this strategy. On each trade, I place a SELL/BUY STOP to the other direction. The place of the HO (hedge open)  is in the same place like the SL.

When a hedge opens, so freezed the loss. Than you have to find a right spot to closed the hedging trade. I suggest to use PRICE ACTION formations to find it.

Sometimes the market moves to the other way than you wanted, so you have to wait a lot. Your heging trade will go to big profit, the starting will go to a bigger loss. Than you don’t have to wait for a full market change. When you have an option to trade to your first trade’s direction, place that trade and close your hedging trade with big profit.

Three options can happen:

  • THE BEST: The market goes to the first trade’s direction long term. You will close your new trade and the earlier too with profit. The first one with a low profit, the new one with big profit.
  • NOT BAD: You close the hedge, and it started to go up (for example the hedge placed to 50 PIPS), but it stopped @ 20-30 pip higher and turned back. Your new hedge opened again a little higher and you made profit with your new trade. This is good, but you have to wait for another trade to close the first trade finally.
  • BAD: Both trade goes to the bad direction. You made double “-” with the first trade and a new hedge with your new trade. But don’t worry, you can solve it later, if you make some good trades.

Very imortant that I’m using TP/SL SLIDING when I’m trading actively. So, if I’m lucky enough, I can make real high profit if the maket goes to the right direction.

If you’re not successfull in forex trading, or you want to start make money with it, read my posts, follow my trades, join the FREE FULL SIGNAL OFFER!