LTG GoldRock Member Trading Success April 2020
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 Ryan Magee for winning the Best Risked Account and receiving a prize of $500 and also to Ralph Annetta for winning the Highest ROI Account and receiving a prize of $250.
Ryan Magee, 21.77% ROI
Hi Team & Fellow Traders,
21.76% ROI for April 2020
This was my first month back trading FX since Dec 19.
Whilst the time off wasn’t planned it was however nice to stand back from the charts while we traverse these uncertain times, and has allowed me to come back with a new rejuvenated thirst & attitude to succeed!
Onwards & Upwards – Safe Investing 😉
Ralph Annetta, 45.68% ROI
I have been trading actively for 3 years under the guidance of Laz in regards to generally understanding the concept of trading.
Comprehensive research and back testing is a major factor along with a general understanding of fundamental economic sentiment.
I do this daily as part of my plan and as a result I am growing in confidence along the way.
Still plenty of work to do!. Thanks LTG.
Susan Priest, 23.06% ROI
Great support from LTG in trading tips has helped to build profits across different time periods.
Pete Bennett, 25.78% ROI
Here’s my entry for April 2020 Trader of the Month.
I’ve had mixed results with trading currencies over the years, trying different methods along the way
to see what best suits my personality: I’m a short term trader ie intraday mostly, scalper sometimes.
My small business has been impacted by COVID-19, with April being very quiet with limited opportunities.
This has given me additional time to fine-tune my technique & trading plan.
I trialed some ideas on a demo account for the first 2 weeks, then funded my live account on the 15th.
This may not meet your eligibility requirements, but thought I’d enter anyway…approx 25% ROI in 2 weeks 🙂
I use Price Action at Support/Resistance Levels with several indicators as filters for my entries.
These include an SMA with Envelopes, Stochastics & OsMA for divergence.
I set my MT4 alerts at proposed entry levels, then wait to see if price gets there for a possible entry.
Because of the short term nature of my trading, I set a Profit Target but not often a Stop/Loss.
I tend to exit the trade manually if it goes against me or is nearing a secondary S/R Level.
Although there’s some risk involved with this method, I’m ok with it at this stage. I’m looking at ways
to modify this approach to get a good balance between risk & consistent results/profits.
To further minimise the risk, I avoid trading currency pairs around relevant High Impacting news.
It’s still a work in progress but things are looking ok so far. Hoping to put in an entry for May as well….
Grant Geange, 8.98% ROI
A great result for April with a ROI of 8.9 %. I am now taking far fewer trades per month and just focusing on the better set ups.
Looking forward to another profitable month for May
Regards Grant Geange
Andrew Hill, 41.69% ROI
Hello LTG team,
I had a profitable month in April with ROI 41%.
My favourite trading style is with the old style bonanza trades daily & enter on the 15 min charts.
It is my most consistent way of getting the positive gains providing I stick to my trading plan.
Much patience is needed but it is certainly worth the extra money you can earn daily.
Cheers Andrew Hill
Derek Forbes, 17.65% ROI
I have been a member of LTG Goldrock since February 2014. The first few months were spent trading practice accounts and mainly losing money! However, things are starting to come together after attending a few master classes. I have moved onto a real account and made good profits for the last six months, but only using a very small account size. If my approach continues to be successful, I will start executing larger trades with more funds and hopefully start to make some meaningful returns. This month was exceptionally good!
If you would like to speak to one of our Senior Client Advisors regarding the relative client opportunities offered at LTG GoldRock and how you can follow along with our Professional traders each day in our live trading room please contact us today or you can register for one of our a live coaching and trading webinars by clicking here.