More than 1 year has passed since I have posted my review on this website and I wanted to let you all know, why I have been absent for such a long time.

This hurts. This realy hurts…
Well, the first month on my new trading account is over. I have tested new instruments that I can trade on, mainly CFDs on the German Bund future (German Bonds), the DAX index future and E-Mini S&P 500. It’s something totaly different trading on a “real” money account instead on a cent account. Last one is real money, too. But you can scale your positions much better.
I have started my account with 350,00 EUR and after some losses, I also made some profits this month. …

The last month increased my trading account by $65, which equals more than 31%. The current balance of my $100 to $100,000 challenge is $270. Still a lot ahead, but the first milestone has been reached, which was $250.
After 5 months of trading, the account has grown by 170%. That’s an average of 21.98% per month. Should I be able to keep this performance, I would reach $1,000 in 6 1/2 months, $10,000 in 18 months and $100,000 in 30 months. But I wouldn’t bet on it The …

The last month ended with a plus of $25, which equals 13.89%. So my current account balance is $205 now. That’s a 105% profit in less than 5 months.
I could enhace the Point & Figure indicator during the last month, too. At the moment I am implementing a real time based chart creation. So the chart will be updated with every tick instead of after the close of a bar. But this leads to some problems:
It’s not possible to access tick data in Metatrader, so I have to build the …

Though this month has not yet finished, I am writing my review today, because I won’t trade for the next two days.
The loss of the last month has been fully recovered and has ended with a total profit of 32%. So my current trading balance is $180 now – that’s a total of 80% profit in 3 months of trading. 80% in 3 months equals ~21% per month. Should I be able to keep this quote up the next months, then I would reach the $100,000 in 3 years …

This month has been the first month, that I’ve lost more money than I have earned. A total los of 18% reduces my current trading balance by $30. So my current balance is $136.
I know the mistakes I made. The main reasons for the losses were:

Lack of discipline
Lack of concentration
Testing

This website, as well as trading, is not my main business and I have been busy with other things. That’s why I have only been trading from time to time – which was not a good idea at all. I have …

I have been very busy the last month with other things than trading. That’s why I didn’t trade so much the last weeks, still the monthly return has been 7% and my current balance is updated to $166 now. The january has been a much better month, but at least I ended with a small profit.

This week didn’t start successfully as a trading day. A simple sell signal has been formed with a 3 x 10 Point and Figure setup at GBPUSD @1.4230 but the price didn’t fall further but reversed instantly and I got stopped out @1.4300 which resulted in a total loss of $9.
Due to the bank holidays in the USA, the markets have been very illiquid today. Next time I will probably stay away from trading, because prices did hardly move.
Here’s a screenshot of the trap I stepped in today – it’s …