Hi traders!
I'll start a new challenge on next Monday, the 18th, this time I intend to make it a bit shorter (and quicker, I hope), we'll trade an account live in our trading room from US$ 10,000 to 20,000 in just 3 stages (see below) while I teach new members our trading methodology, the Diamond Setups.
After having done this kind of challenge many times (this will be the 6th), I learned that the most difficult phase for most traders is the very beginning, to take an account from point A to point B is really hard if you don't have a plan with clear targets, a sound risk management and the right state of mind.
You need to use a set of rules if you really want to be successful in this business, a proven trading methodology that works week in, week out.
We have been using our methodology for more than 5 years now, it works like clockwork and I'm really happy and proud to be able to offer a high quality service to those who decide to
join us.
Here are the steps we'll follow on our new challenge:
We will trade ES (S&P 500 e-minis), each point is worth US$ 50.00
1st Stage: from US$ 10,000 to 12,000
Trading size: 2 lots
Number of points necessary to meet first target: 20 points on full size.
Max estimated date to meet target: 02/18/2016
2nd Stage: from US$ 12,000 to 15,000
Trading size: 3 lots
Number of points necessary to meet first target: 20 points on full size.
Max estimated date to meet target: 03/18/2016
3rd Stage: from US$ 15,000 to 20,000
Trading size: 4 lots
Number of points necessary to meet first target: 25 points on full size.
Max estimated date to meet target: 04/18/2016
Rules:
- In case we reach the 1st target at US$ 12,000 and it happens that we lose and go back to starting stage at US$ 10,000, then we'd decrease the size we trade back to the original 2 lots and start it all over again from the beginning (it has never happened until today in the previous 5 challenges).
- When we reach a target by Thursday we start the next new Stage on the following Monday.
If you want to join us and trade your own account while you learn our system:
Click here ==>
Diamond Setups - The only edge you need
Even if you want to start with just US$ 5,000 you can too, the only difference is that your targets and sizes will be different.
“The only impossible journey is the one you never begin.” - Anthony Robbins