#2 Update On Trading Challenge!

Hello peeps! I’m excited to share an update on my trading challenge 🎉

Context:

I embarked on a challenge on 1st July to make $50,000 in profits by end 2024 (refer to previous post for more details) and here’s an update on my progress!

Current Progress: +12.5% 📈

As of 31st July, I have secured access to the funds via a proprietary firm so thats 12.5% of the 37.5% target done 💯

However, I dare not celebrate too early as trading progress is never linear.

July Statistics:

Trades taken: 90

Wins: 58

Losses: 32

Win-Rate: 64.4% ✅✅✅

Its one of the better months I’ve had due to the favourable market conditions, I’ve also written some key takeaways/pointers to maintain and work on in the post above. 👆🏻

Next Steps:

Continue refining my strategies and aim for a considerable 6-8% growth monthly. I also don’t mind sharing more insights into trading if any readers are keen! (Just no trade ideas 😅🙏🏻)

Disclaimer:

I don’t encourage trading as its extremely high risk and not suitable for everyone. But if you insist on trying I’d consider seeking advice from a professional or DYOR before starting. Only trade with money you’re willing to lose!

Let me know what other trading details you’d like to hear or how I can help!

#trading #financialfreedom #tradingjournal #trader #investing #investment #finance #financejourney #Adulting101