5K MY FOREX FUNDS CHALLENGE
For this Challenge, I will follow some strict rules that helped me pass challenges. These are the rules:
For Risk Management this is the plan. At the start I will only be risking 0.5% of the account once I am 2% up overall on the account I start risking 1%. If I go below 2% of the account I will only be risking 0.25% of the account until I am above 2% in drawdown.
Start of the Challenge:
Once I am up 1r on the trade I put my stop loss on the entry so, I am risk-free for that trade. Account at 5052.80 $
Sadly this one was a loss. Back to 5025.94$
Last trade of the day ended up here with the account at 5030.99$