LTG GoldRock Member Trading Success January 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 Mark & Rob Sain for winning the Best Risked Account and receiving a prize of $500 and also to Jon Whitten for winning the Highest ROI Account and receiving a prize of $250.
Mark & Rob Sain, 14.26% ROI
Please find attached our Trader of The Month trade summary for January 2020.
For first half of the FY19/20, our results were sitting at -1% ROI. This was due to several stopouts at Break Even, where the trades ended up going to our Take Profit zones.
With the markets fluctuating up and down more frequently then what we believed was normal for our Trading Plan, we decided to modify our plan slightly, for the second half of this FY19/20.
As a result, in January 2020, we managed to take home just over 14% ROI, winning 3 out of 3 trades.
This was a great achievement in only 2 weeks of trading, since we do not take trade setups during the Christmas / New Year light liquidity periods.
What we have learnt from AB and the Team over the many years we have been with LTG GoldRock, is that you shouldn’t just switch Trading Plans randomly but it’s ok to review your past 6 to 12 months performance and slightly modify your Trading Plan, for the current market conditions.
Mark and Robert Sain
Jon Whitten, 63.45% ROI
This is the first month a have been with Andrew and the team. I must
say i am impressed with what i am learning. There was so much i didn’t
know as a sole trader but now i have better tools and a team that
helps me make better decisions.
I have started with a low account of only $500 and have already made a
nice 63.45 % profit. I am wearing this shirt as an affirmation as to where i want to be holidaying next year. California sounds like a good place to start. Today i also learn’t 2 new things. Always check your stops and risk management as the start to this month i wasn’t wearing my glasses and put a stop a little too far than i would of liked but hey i am new and still winning. The second thing i learn’t after googling ”a” and ”an” is that you use ”an” before a vowel sound as in ”an affirmation”. Don’t take life too seriously, no one gets out alive. Enjoy your trading. 🙂
Bruce Elliot, 40.33% ROI
Hi members had a good month mainly trading reverse trends and a bit of luck cheers
Adrian DeRavin, 5.70% ROI
After a losing trade early in the month we recovered with a profitable trade and because of risk management it offered us a greater reward than the initial loss.
Andrew consistently mentions risk management and I find using the calculator on every trade helps me keep losses at an expectable level.
Cheers Adrian and Lorraine.
Susan Priest, 14.15% ROI
A nice return from a Head and Shoulders set up
Derek Cagney, 2.36% ROI
Here is my entry for trader of the month. Only 2.36% ROI, but I’ve now decided to ONLY follow AB’s trades for the next 12 months to see how I go and try to be more patient / learn.
Jennifer Edge, 3.12% ROI
Hi GoldRock Team,
I am very happy to be able to start the new decade off with an entry for Trader of The Month for January 2020, with a return of 3.1%. I now take just the trades issued via the Trade Time App. I have found that taking these trades using the larger timeframes has reduced my screen time dramatically which fits in better with my changed lifestyle, and it has lightened my stress load considerably.
Thank you Andrew for your teaching and mentoring. I am very grateful for your daily emails, trading videos, webinars, sunrise videos, and the regular face-to-face Masterclasses. Thanks too, to the team at LTG GoldRock, in particular Sherilee and Grant.
Ryan Flavel, 9.71% ROI
The old cliche of New Year, New Me took hold! I learnt a valuable lesson this month of less is more. I took half as many trades compared to the past and focused on fundamentals with the backing of chart patterns which confirmed my entries.
I have also managed my emotions and stopped going back and forth to my screen which before was a detriment to my whole personality. The weight of stress lifted and my family has welcomed back the real me. Such an eye opening start to 2020.
Own your trading, do not let it own you!
Happy trading everyone, hope you all had a prosperous start to the year.
Ryan & Vicky Flavel
Robert Stroet, 5.80% ROI
Good morning LTG team
Please see enclosed Eightcap monthly statement, modified trading plan that also includes the start of the new plan from February and monthly strategy set ups.
In short have been doing this journey of correct currency training for 1 year and even though I had lost a good profit margin I have not lost my original account balance. The biggest thing I have learnt is emotional psychology and sticking to a good routine at least 95% of the time.
As I have already typed in the past until I reached my earnings not including bonuses that I had achieved from February to August last year which was approximately 1250 I feel as though I don’t deserve to have any bonuses. (in that time I had gained approximately $750 in bonuses account increase by $2000).
I know I can get the 1250 profit back in say by the end of next spring. All I need to do is to think only of 4% profit each month not 10%.
Colin Stephens, 34.49% ROI
I started only late last year and have been trying to learn as much from Andrew, Laz and the team as often as possible. Sometimes spending a lot of time trying to understand everything and other times not getting to do much and missing out on the master class. Anyway in keeping with a strong focus on risk management I had quite a few trades in negative, a few trades closed out with some profit and quite a number of break even trades. January was my best month to date and gave me great sense of satisfaction to get a great profit taking trade. Looking forward to many more profitable trades this year.
Ian Whittle, 13.83% ROI
Hi LTG team,
I’ve had another good month to start the year off at about 13.8% ROI.
Special thanks to Laz for his hints and tips which are slowly beginning to sink in and have effect.
I still have issues with overtrading so have been making attempts to exercise more control and look for only the best setups according to my trading plan.
I have learnt from AB to exercise strict risk management and always place a stop loss when I open a trade. I only ever risk a maximum of 1% and move my stop loss to breakeven when I can.
I have found that learning to trade has a steep learning curve but it does pay off if you stick to your plan.
Tyrone Quirk, 48.29% ROI
I am trying to be more consistent this year and finally reach my goals, staying focused on taking the correct trades.
I saw a couple of opportunities early on that worked out nicely then I hung to one that dragged on when AB made me aware of the EUR/JPY head and shoulder
I decided to drop my one. Low and be hold it ended up moving strongly as the EUR/JPY took a hold.
Anyway good outcome over all as I have set my 2020 goal to beat 20% a month consistently for 12 months and beyond. I have a few colleagues that think a nuts. I am a competitive person and this trading pathway has not been easy but with AB’s tutoring it has enabled me to see some success. I know discipline is my down flaw and in 2020 that will be conquered.
And a special mention goes to…
Liz Marshall, 2.68% ROI
A special mention goes to Liz Marshall for a great result in January.
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.