Thank you, Sensei, much appreciated!xard777 wrote: Mon Oct 17, 2022 2:30 am Update XU v45 Setup
Here is the latest version for everyone's perusal
Enjoy
Xard777
Couldn't wait to take her out for a spin first thing this morning: AUS200 (as per usual), micro, demo. Global Prime, 100:1
Happy new week of trading, everyone.
Cheers
XARD: Just a quick note... apologies for the rant.
15% (sustained) profit per day = 100% or double your funds in 5 days or 1 week's trading.
1*1.15^5=2.01, that is double your fund in 1 week.
In one month that is 2,4,8,16. a factor of 16 times your original fund. Think about that for a second.
1*1.15^20=16.37 (5 days = 1 week & 5 x 4 = 20 trading days in 1 month)
3 best months for trading are Sep, Oct, and Nov = (3 x 20 = 60 trading days)
1*1.15^60=4'384 which is your original fund multiplied by a factor of 4'384
then you have the other 3 best trading months Feb, Mar, and Apr (add 60 more trading days)
1*1.15^120=19'219'445 which is only your factor, you still have to multiply your start fund to get your total.
Now, granted all this is only made real if you have sustainability i.e. keep making 15% per day.
But you can see why you do not need to shoot for the moon each trading day, ease off the accelerator and just coast your way to a one, two, or three-year plan based on only trading six months of the year. Not a bad plan if you ask me. Also, for risk aversion, I would probably max out at two trades at any one time as there are tons more Pip$$$ for the booking during the trading day.