"Embarking on a New Trading Chapter in 2024: A Recap and Fresh Start"
Greetings, fellow traders! Coach David here, kicking off the year with our first blog post for 2024. Let's take a moment to reflect on the journey we've had in 2023 and delve into the exciting prospects that lie ahead.
A Recap of 2023: Understanding the PROCESS
We initiated the year with a humble $1,000 in our SIGNAL account, and over the course of 189 days, I provided trading signals to guide us through the market fluctuations. Here's a snapshot of our 2023 trading performance:
Signal Performance for the Year:
* Total Signals: 1,052
* Wins: 813, Losses: 239
* 77.28% Win Rate
* No Stop Losses Used for Signals
Signal Risk/Reward Results:
* T1: 77.28% Win Rate
* T2: 65.96% Win Rate
* T3: 58.46% Win Rate
* Proven Profitable at 50% with a 1:1 Risk/Reward Ratio
Total Signal Profit YTD:
$86,425.00 at YEAR END
Now, Back to 2024: A Fresh Start
As we step into 2024, we've hit the reset button, commencing with $1,000 on January 2nd. Our approach has evolved—we are now trading only 1 contract per trade with a maximum risk of $55 per trade. The trading sessions are set from 7 am to 11 am EST, focusing on efficiency and precision.
Signal Performance for the Year (First 7 Days):
* Total Signals: 39
* Wins: 28, Losses:11
* 71.79% Win Rate
* No Stop Losses Used for Signals
Signal Risk/Reward Results:
* T1: 71.79% Win Rate
* T2: 71.79% Win Rate
* T3: 64.10% Win Rate
* Proven Profitable at 50% with a 1:1 Risk/Reward Ratio
Total Signal Profit YTD:
7 sessions (sessions 3-4 hours)
$860.00 and running
2024 holds promise and new opportunities for growth. Stay tuned for more updates as we navigate the markets together. Here's to a prosperous and successful year of trading!
DISCLAIMER: While transparency is my goal, it's crucial to approach trading with common sense. Success is a journey, not an overnight achievement. I don't endorse quick-rich schemes. This disclaimer clarifies that there's no guaranteed replication of our results. Past performance doesn't ensure future outcomes. Your success depends on your skills, resources, market knowledge, capital, and commitment. We cannot guarantee your earnings and don't imply it, directly or indirectly. Stay informed and trade responsibly.
"Mastering Forex: A Journey with Trading Friends and Coa... Trading Friends is an immersive day trading education program that is designed to hone essential skills under the guidance of Coach Davi...
"Navigating Success: Highlights from April's 1st Month o... Hello, traders, Welcome to the latest update in our journey as we conclude the first month of the second quarter on April 30, 2024. The ...
Welcome back Harry!Welcome backto our community Harry! We are thrilled to extend a warm welcome to a new yearly member who has just joined us from Californ...
"Day 4: Insights from the Second Quarter Journey"Greetings, Traders, We're thrilled to unveil the latest chapter of our journey as we kick off the second quarter on 4/2/2024. The progre...
