So, what happened to the small account challenge? Did I blow up my account, or did I make moneyagain.
I started this challenge on 30th march, SoIt's been four weeks.
First week was a profitable week.
I was able to grow this small account by over12 and half percent.
That was a really good return.
Then in the second week, I was able to growthe small account by almost 18 percent.
Like i said in my last video, 18 percent wasa slightly above average return, and we should see couple of losing trades in a row next.
And that's what happened.
On Monday, I lost one trade.
That's all the action happened on Monday, since I only took 1 trade.
Then on Tuesday, I lost another 2 trades.
Market was in a range when I was trading onTuesday.
So I took 2 trades and called it a day.
I didn't take trades on Wednesday, becausemarket was not trending the way i wanted it to.
Then, on Thursday and Friday, I was buildingthe Trading Rush App, to show you, why I only test Strategies 100 times and not 10000 times.
It took me 2 days to build the app, and ittook more than 6 hours to take 100 trades 10000 times.
If you don't know what I'm talking about, watch my Trading Probability Video on this channel.
I was not able to recover from this loss inthe third week.
But in the fourth week, I took 4 trades onTuesday.
The first trade I took was a loser.
But I was able to reduce this loss, becauseI was using the Parabolic sar to trail my stop loss.
That's right! I used the Parabolic sar indicator, to trailmy stoploss.
And that's why I uploaded the Parabolic videofirst, before showing the trades from the fourth week.
Now, I have still not tested the Parabolicsar 100 times as an entry signal generator.
I am going to do that in the next video.
But since I was not using the Parabolic Indicatorto find the entry signals, knowing the Win Rate of the Parabolic sar strategy was notnecessary.
Parabolic sar is a really good indicator ifyou use it to trail your stop loss.
On Tuesday, I was using the MACD strategyto find the entry signals, and was trailing my stop loss using the Parabolic sar indicator.
And it worked pretty good.
Like I said, I was able to reduce my lossin a losing trade, and won three trades in a row, with a very good risk to reward ratios.
The second trade I took in the fourth week, was a winner.
I was able to get 1.
7 to 1 risk reward onthat single trade.
I drew some support and resistance using multipletime frames, and waited for MACD to give entry signal near these Support And Resistance areas.
It was an easy winner.
In the third trade, I was able to get 1 to1 risk reward ratio.
In this trade, my trailing stop loss was hitwhen trade was at 100 percent profit.
The 4th trade was a really good winner.
By using Parabolic indicator to trail my stoploss, I was able to get almost 1.
85 to 1 risk reward ratio.
That's almost 4 percent of the account injust 1 trade.
That's all.
In the fourth week, I was able to recoverthe loss I made in the third week.
And now, the 50 dollar small account, is upby almost 19 and half percent.
4 weeks is one month, So 19 and half percentin a single month is a really good return on investment.
In this small account challenge, we did notblew up the account, and we did what many traders fail to do, Make money in trading.
I will keep trading on this small account, and will post the new results in the next week.
Till then, check out other trading videoson this channel, where we tested MACD and many other strategies 100 times, to see theirreal win rates.
After all, you don't want to risk your moneyon a strategy, that doesn't even work.
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So go check it out, you got nothing to lose.
You can Download it using the link in thedescription.
Thanks.
.