So the first trading week was wrapped up with an 80% return on the investment bringing us a little closer to the 3000% target... the week was a little more active than what we wanted it to be with the drawdown increasing to just over 50%, but the account never went below the 10,000 starting balance which is a win for us always.
Here's a screenshot of the last update on the account:
But it's not all sunshine and rainbows... as over the weekend we sold Bitcoin, but there was a serious issue with the spread and we went negative 50k so the account has to now restart, we are waiting for Fondex to credit the 10,128.29 back into a new account and the challenge will restart tomorrow, 21st of April.
We did, however, start a fresh challenge account with the same goal, 3,000% by getting 20% a day, but this account is a much smaller account with the starting balance sitting at just 500eur while the goal is to grow it to 16,000. With this account we want to showcase that it is possible to grow a small account too, and that the growth comes down to the trader and not the balance of the account as long as you have a clear plan, a complete system and the right inspiration anyhting can be achieved!
Anyhow, new Myfxbook links will be added soon.