First Week with Real Money!

I did it! I went live this week! There were announcements everyday this week but Friday (tomorrow). I don't have a chart yet, but here's what happened...

Monday

I won .25 points

Tuesday

I chickened out and didn't trade with real money. It was supposed to be big volatile day with the Federal Funds Rate. I decided practice it on my paper account. I won 3.5 points and then felt like an idiot that I chickened out!

Wednesday

I won .50 points

Thursday (today)

I broke even and then walked away. Wanted to go back and try more, but took a chill pill and kept walking away.

So, for this week I'm up .75 points which is a 7.5% return on the money! Not bad at all. That's all for today. I'll get back with you soon.

Dallon

Last day of paper trading... I think

Hopefully this was my last day of paper trading. The numbers are incredible. Reached over $22,000 from the original $2,000, and got up to trading 40 contracts!

I've been trying to set up my live account which has taken a little more time than I thought it would. I'm pretty sure it will be ready on Monday.

I need to explain the excel sheet that I posted... Because of it's size I couldn't get the right snap shot of everything, so I Just did what happened in March up to today. But it still came from the original $2,000. If you look at this one and the last one and check the dates, you will see what I'm talking about. I'll check back in next week

Let's see what I can do with $2,000

Ok check this out... I just finished up 15 days of trading on my "Let's Get Serious" test. With weekends and non-trading days, this took just under a month. I wanted to start with $2,000 and see what I could turn it into inside a month by compounding it as much as possible.

I reinvested all earnings and bought as many contracts as money would allow at the time. I also really tried to act and make decisions as if it were real money so it could be a valuable and realistic learning experience.

As you can see on the chart, I turned $2,000 into $17,101. I had a couple nice size losses that slowed things down bit, and this time I calculated the broker fees as well. My strategy was to do more small wins and not swing for the fences. I tried to take advantage of every announcement/trade that I could, and averaged about 3 trades a day with about a 15% return per day.

I feel now pretty confident about what I'm doing and want to trade live with real money starting next week. There are still a few things and tricks I want to learn, but this is pretty simple so I'm not too worried.

So uhhhhhhh, if anyone out there wants to learn more about this or consider getting involved, please let me know. This is very easy to do and I think just about anyone can do it.

Dallon

The First Run

Going back in time a bit... Here's my first set of results (19 trades) when I barely had a clue as to what I was doing. I jumped into my paper trading account playing with $5,000 (10 contracts). I'm sure I lucked out on a couple, but the results were just plain awesome. Within a couple weeks I was at a 245% return on the money.

After going through this first run, I couldn't believe what happened. Unless it has something to do with crack cocaine, no one gets a 245% return within 2 weeks! Seriously, all I'm doing at this point is following the system/strategy and doing the simple things I learned. So I decided to get even more serious about my testing and move it up a couple levels.