Hi,
this journal should track my progess on my way to be successful with my system. I try to reflect my progress in detail here in order to generate a certain value for each individual follower. I would like to encourage my ideas to be repeated. But it is primarily intended to show my trading progress and be a trading diary for myself.
In my opinion it is really important to have proof of a trading system. Therefore I always attach my trade explorer with live results. See my profile for more information.
System:
I am using a high frequency trading EA, only on Gold (XAUUSD) with a lot of trades per day. The higher the volume the higher the number of trades. On average I place 3000-4000 trades per month. It is really important to have an ECN account with low spread which I have with my broker and a reliable Virtual private server (VPS) Server.
It is some kind of grid EA with the same lot size when opening new trades. I am aware of the danger of grid trading therefore the risk management is the most important thing of this system.
Risk Management:
This is the most important part of the system. When trading a Grid EA there will always be drawdown, especially huge drawdowns when there are big moves. This is why I use a big capital with small lot size (in the beginning I am using a Cent account to control the risk per trade).
The following table shows the Balance and the used lots (note: I will only show the balance if the lot size is changed):
Balance in cents: Lots:
10.000 - 0,01
25.000 - 0,02
40.000 - 0,03
55.000 - 0,04
70.000 - 0,05
85.000 - 0,06
100.000 - 0,07
I am receiving a bonus from my broker for every deposit; this is also the base for choosing the right lot size. I reserve the right to change the lot sizes if the drawdown is too high.
I saw in the past a lot of wrong risk management. It is really important to control the risk.
Starting point:
I am starting with 100€ on a Cent Account which is equal to 10.531 USC (USD Cents). To grow the account much faster I decided to deposit 100€ every month for the next two years, to have a overall deposit of 2.500€. Therefore, I am able to increase the lot size more often. On top of that I can expect a profit of 1.000 USC for every 0,01 lot. So, when increasing the lot size the expected profit will also be increased (compound interest).
Goal:
Every project needs to have a timeline and a specific goal in terms of profit. I divide this project into two different steps:
→ First Step: Increasing the Cent Account to 10.000€ (which is equivalent to one million cents)
I started in November 2024 with 10.531 USC and aim to have 1.000.000 USC with a monthly deposit of 10.000 USC (until December 2026) and an expected profit of 1000 USC per 0,01 lot.
This means that I will achieve one million Cents in August 2027 - which is equivalent to 10.000€.
→ Second step: Open a standard account with those 10.000€ and repeat step 1
Specific timeline and profit goals are following.
Live results:
Balance in Cent - Real Balance without Bonus
Jan 25 20.000 -
22.577
Feb 25 31.000
Mrz 25 43.000
Apr 25 56.000
Mai 25 70.000
Jun 25 85.000
Jul 25 101.000
Aug 25 118.000
Sep 25 136.000
Okt 25 155.000
Nov 25 175.000
Dez 25 197.000
Jan 26 220.000
Feb 26 245.000
Mrz 26 271.000
Apr 26 299.000
Mai 26 329.000
Jun 26 361.000
Jul 26 395.000
Aug 26 431.000
Sep 26 470.000
Okt 26 511.000
Nov 26 555.000
Dez 26 602.000
Jan 27 642.000
Feb 27 685.000
Mrz 27 731.000
Apr 27 780.000
Mai 27 832.000
Jun 27 887.000
Jul 27 946.000
Aug 27 1.009.000
I am posting results and updates on a regular basis.
If you have any more questions, please feel free to contact me directly via DM.
Happy trading and green Pips!
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