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 more money you have to trade, the less risky you want to be and the mental pressure will be massive compared to such a small account.

Why didn’t anyone mention that I made a mistake calculation the profit on the current trading balance page? The profit for February was 9% and not 7%. But I will replace this site soon and provide to you a link to a spreadsheet that I update after each trading day. I write down the current balance and can see the current profit of the week and day. The account is a cent account, so don’t wonder – the balance is $27,000… cents that is

This spreadsheet has been started a few weeks ago and can be found here: http://spreadsheets.google.com/pub?key=r4l57pP1lT0c_tlocMtqSKQ&output=html

Trading

I have been trading with a setup of 10 x 2 (10 pips box size and reversal of 2 boxes) for most currency pairs (EURUSD, GBPUSD and EURJPY) and 5 x 2 for EURGBP. This has worked very well and I will keep this setup for the next month, too. But I will also take a look at the 5 x 2 setup for the other pairs. Plus, I added USDCHF to my watch list.

I know that 5 pips box size is very small and more noisy than 10 pips box size, but it gives some clear signals, though. And I hope I can spot some better exits or trail my stop loss earlier with each new signal:

Indicator