Sunday, August 9, 2015

Challenge update: Stage 5 done from US$ 10K to 50k



Finally done with Stage 5, I have reached half way on the Challenge account taking it from US$ 10,000 to US$ 50k in just 7 months, this last stage has been the longest, it has taken me 9 weeks to go from US$ 30k to 50k trading 10 lots on ES (S&P500 e-minis).

Now, we'll start the 6th Stage and our next target is at US$ 75,000 trading 15 lots, that's US$ 750.00/point, so, I will have to make at least 35 points on full size to reach that level, the time I expect it to be reached is from 2 to max 3 months.

If things go wrong and I lose 20 points or more then I'd go back to Stage 5, now, if everything goes as expected then our next target is Stage 7, the last one to reach our final milestone at US$ 100k, let's see if we can make it until the end of this year, I'd like to have it done by Thanksgiving though, we'll see, seeing is believing.


"A goal is a dream with a deadline." - Napoleon Hill

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