LTG GoldRock Member Trading Success April 2017
Each month we like to encourage our traders to share their Trading journey with our LTG GoldRock Community. We absolutely love hearing from traders who are hitting some major goals with their Trading Profits and Risk Management. Congratulations to all the LTG GoldRock members who are sticking to their defined trading strategies and reaping the rewards. We wish you continued success.
Special congratulations to Grant Wilson for winning the Best Risked Account and receiving a prize of $500 and also to Cliff Parfitt for winning the Highest ROI Account and receiving a prize of $250.
Grant Wilson, 7.30% ROI
I have been trading since the just before GFC hit. In that time I have had some good years but I have struggled for consistency. The last year, in particular, has been difficult. That’s when I joined LTG Goldrock. I have found the daily reports to be invaluable in helping me stay focused on the broader picture and stick to the plan. I haven’t had the best start to the year but last month was a good result at just over 7%. Hopefully, I can back it up with another good result in May!
Cliff Parfitt, 20.17% ROI
Having reached the seventies we have officially retired that is me and my Faye, born in the same week on the same month of the same year. With 48 years of togetherness. My hope was that we would do a lot of traveling, however, an earthquake got us and the Insurance company after 7 years has still not settled absorbing a large amount of capital. Now we must rebuild or funds to fulfill our wish or stay home and enjoy our lifestyle. Trading over many years has been fun, however, I cannot add profitable. I have followed the advice of many including AB but to no avail. Now I have developed my own simple system which has worked okay on month 1 and much better this month. As AB has always stated and demonstrated, be consistent with whatever you choose, know the currency direction and trade in that direction. I ask 3 questions – What direction?, Where too?, Where am I wrong?. Fibs and Trendlines are my tools.
Ian Brown, 4.35% ROI
February and March were tough months for trading indices with low volatility, but persistence is starting to pay off with 4.3% this month. I’m continuing to collect and analyse my stats to help me make better decisions and to stick to the trades that have worked well historically. Having a trade plan and sticking to it is vital for success in this business.
Sean Shafiee, 5.15% ROI
This is my last month report! Thank you to all LTGs team and very useful materials. This is the 4th times positive ROV in row for me in 2017.
Owen Buttigieg, 2.37% ROI
I have just completed the Pro trader program with Mark and Cam. I have moved cities in the past 12 months living in Townsville QLD and all I do now is trade. My index trading has been reduced to a couple of 5min bars on certain days and a couple of 4% trades that set up once or twice a month. The rest of my trading is scalping at 0.2-0.5% of my account using price action. In the 12 months of PT I did learn one thing and that is, when a 4% trade goes bad you spend the rest of the month getting ur money back unless another 4% trade sets up but sometimes you can’t get a good fill and back to where you started. So, I have lots of time now and want to focus back on my trend trading Forex to fill a void. Right now my forex is ad hock and reactive. Most of my index trades are off the back of forex moves. I want to try and concentrate on a couple of pairs. The need to scalp is still there and leaving a position in the market overnight with a big stop is something I need to get a feel for again. My aim is to achieve 2% a month on a small account and micro pip it. I want to do this so at the end of the month, if I am down I am going take out my phone and transfer the money I lost and hand it over. This will help me learn from my mistakes. My strategy this month was to bet against the Bonanza Bot. I remember scanning thru a report from Andrew and he said the bot is probably going to drawdown this month and he was right and I had a few winners. Also took a couple of Alex’s trades, Cherry picked them and aligned them with some indicators that I have learnt to use. This month, I am going to skip the first week. Last month I just got chopped.