1. Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)
    Dismiss Notice

Retirement Account

Discussion in 'Jurnal Trading' started by Wabbit, 12 Jan 2021.

  1. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    This is what I'm using as a "retirement" account, and compounding monthly to increase returns. Currently returning around 8% per month with 6% DD.

    https://www.mql5.com/en/signals/874487

    There are also links to more risky accounts that help fund the retirement account!
     
    • Like Like x 1
  2. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    ave monthly return slightly reduced (now 7.66%) after a slow January saw a return of 3.8% (with very small dd). I expect February to increase again.
     
  3. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    After a slow January, February has been an excellent month! We did have more DD than the previous month, but we need a little wriggle room to allow the strategy to do its thing. Gains of 8.3% (16% dd) for Retirement and Compounding account was excellent, and the other 2 accounts had great growth of 12.44% (20% dd) and 14.69% (26% dd). Carry over trades will enable a great start to the next month!

    Even the most risky account has had 10 out of 12 profitable months and the last 9 months always with good profit! The other accounts have always had profitable months.
     
  4. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    A great March saw 8.87% returns on my Retirement and Compounding account for little drawdown... its worth having a look!

    I have introduced another 2 pairs on a different EA on this account to slightly increase profits for basically the same drawdown.

    Signal: https://www.mql5.com/en/signals/874487
     
  5. Abu Saleem Ent

    Abu Saleem Ent Member

    Equity
    Credit
    Ref Point
    Thread should be in journal category. Nice journal anyway. Will always watch your consistent gain
     
    • Informative Informative x 1
  6. blackking

    blackking Well-Known Member Credit Hunter

    Equity
    Credit
    Ref Point
    Seems a good business plan use a retirement account, compound profit, and not withdrawn
    so if later already resign from the main job, retirement account will become saving money for the necessity of life
     
  7. alanlsr

    alanlsr New Member

    Equity
    Credit
    Ref Point
    hi can pm me? im interested
     
  8. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    April saw a return of 5.28% with slightly more dd, but still safe and with trades open for May returns will probably be higher next month. Overall have reduced risk slightly as more interested in limiting dd then making large profit. This is a long term strategy.
     
  9. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    These accounts are still going strong. I had a trade go against me in April/May 2021 and took a 30% hit and closed a basket of trades in a loss. After that event (and taking a couple of weeks off to re-evaluate) I made a few adjustments to prevent this happening again. The main account has still returned nearly 90% over 88 weeks so still making over 4% per month (48% yearly) and since the "hell basket" only 12%dd.
     
  10. Budiman Cahyo CPA

    Budiman Cahyo CPA Member Credit Hunter

    Equity
    Credit
    Ref Point
    nice, stable live result
     
  11. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    Ive been reducing risk for this month.... basically made my quota for the month of March and we are only half way through so have reduced risk for (maybe) the rest of the month. I think the war has added to the volatility in the markets which has helped my manual trading ( more trends) and algo trading!
     
    • Informative Informative x 1
  12. AhmedAli14

    AhmedAli14 New Member

    Equity
    Credit
    Ref Point
    It's not updating anymore right. Closed ?
     
  13. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    no its still going strong..... the conservative acct made 3.2% last month and the other 2 accts made 10.92% and 16.85% respectfully with negligible dd for the month!

    I withdraw some funds and transferred some funds from the account that made 10.92%.... its helping fund the retirement account and compound it!
     
  14. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    What a horrible month its been for my trading! lol I never do like April as a trading month anyway and with the war it just complicate things

    Never trade when you feel sick and should be in bed.... you make silly decisions and end up losing trades..... fortunately most of the auto trades went ok.

    Cant wait for May to begin, tho I suspect trading will still be a little difficult with whats happening around the world!
     
  15. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    April and May are now over however I still feel June and July could hold some surprises. I expect USD to be generally bullish against other currencies. Meanwhile the signals performed ok with no major losses in a difficult period..... I turn off the EA's a little during the month which limited gains and also limited my manual trading. Its important to preserve funds even if it limits profits in difficult times. lets see how June and July go.... Ive added more funds to retirement account but kept risk low.
     
  16. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    June saw returns of 1.5% for retirement acct with basically no dd, even tho I had a manual trade hit s/l due to my error. The medium risk high return saw 5.42% return for the month and the small account saw 3.23% return after experimenting with s/l settings.

    I will be introducing 2 more EA's into the mix this month available here: https://transactions.sendowl.com/stores/14832/227906 Early purchase discounts available!!

    The sharpshooter EA will work in conjunction with the Vigorous EA both working EURUSD (but only one basket at a time) for the best scalping combination!
     
  17. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    July and August has seen stable returns with very little dd again. The main account is now using 5 different EA's at very low risk to achieve a stable return.
    The highest dd for the year peaked at 6.38% (EA is no longer used) but mainly has been below 3.5%.

    The medium risk account has been averaging around 6% profit each month with highest dd of 5.5% this year. The account is using 3 EA's but has additional pairs to the main account.

    The high risk account has performed really well the past 2 months returning over 7% both months with slightly higher dd due to the smaller balance. Only 1 EA is used on this account (until balance warrants higher risk).

    All 3 accounts continue to grow nicely!
     
  18. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    another month passes and all account made profits again. The "Risky" account gained 7.49% and has now eclipsed 300% profit from its tiny beginnings 18 months ago. My medium risk account gained over 4% and my steady growth account gained 2%. drawdown was again very small for all accounts showing that the time filters I have introduced have been working well. I have reduced risk considerably on the steady growth account in view of world events.
     
  19. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    finished the year slowly with limited trading in December and only just began this year this week. Markets just beginning to act normal again so algos activated again (with a few small changes). Only small % gain for December because of limited trading. Main account is 30/31 profitable months now!
     
  20. Wabbit

    Wabbit Member Credit Hunter

    Equity
    Credit
    Ref Point
    Small gains for the start of the year, have increased risk slightly again now that trading is back in full swing. Had lowered risk whilst enjoying vacation in Bali for 10 days at end of February. Drawdown continues to be small for past 12 months. All 3 accounts plodding along in good profit.... took a few funds out to spend in Bali too! lol
     

Share This Page