Growing my trading account from 10k to 50k in twenty days

Trading conditions:

Broker - FxPro

Account Currency - NGN

Leverage - 1:1000

Platform - cTrader, TradingView

Instrument - EUR/USD, GBP/USD

Pricing - 0.4 pips spread plus N100 commission on every 0.01 lot size trade

Trades Per Day - 01

Risk Per Trade - NGN 1,000

Day 1

Today I went short on EUR/USD when price broke out of the Asian range and started reversing back into it. I was stopped out of this trade for NGN 1,132.79 loss when price reversed and started heading for the 1.1700 option barrier.

Stats:

Opening Balance - NGN 10,000

Loss - NGN 1,132.79

Equity - NGN 8,867.21

I'll love the know the strategy you trade please

Respect for going live with N10k and aiming for that 500%!

Trade only your highest-probability setups. No revenge trading.

I took a short trade and lost it then I Just took four long trades on eurusd

I have closed my long trades for around 17 pips each.

Stats:

Opening Balance - NGN 8,867.21

Profit - NGN 10,196.77

Closing Balance - NGN 18.001.81

Was the top rectangular bar your exit?

Yes it was. I didn't want to hold the buy trade for a long time, because I have some data that shows price may fall. So, I would rather not risk it.

That was a smart one ... I'm also expecting a retracement too on EURUSD

Day 3

Today I went long during Frankfurt trying to aim for the eurusd expiry at 1.1800 but I got stopped out for a loss of N1,000

Stats:

Opening Balance - NGN 18.001.81

Loss - NGN 1,072.04

Closing Balance - NGN 16,929.77

I took two more long trades on eurusd trying to aim for the 1.1800 option expiry but i lost them again.

I then switched to USD/JPY and took some long trades and was able to make a total of 10 pips profit on them

Closing Balance - NGN 17,417.98

Nice update on this trade ..

I love the risk management applied

I just took two trades. A long on EUR/USD and a short on USD/JPY.

I'm on both trades too

I lost both trades.

New balance NGN 14, 657.02

I lost both too.

The only pairs I have running now is gold sell and Eurgbp buys

Day 5

Yesterday was a losing day for me with all my long trades basically failing and my account equity falling to NGN 11,183.89

Day 6

Today was a winning day for me. My account balance is back to NGN 17,954.11

I think USDJPY is really respecting this strategy well enough

Day 7

Today I went short on eurusd and lost then I went short on usd/jpy and made some profit so I am up for the day.

New Account Balance - NGN 20,619.98