I am ending the $5,000 challenge here at $10,011.39. It was a fun ride!
$10k balance
1.58 Sharpe
Mostly good risk management
Full transparency
This month was a bit degenerate, broke a few rules but oh well.
Trading publicly is harder than most people think. Regardless though, every trade and every update was posted for everyone to see thanks to @eCorpFolio and a big shoutout to @Lighter_xyz I was able to save so much in fees :)
Just deposited $5,000 into a @Lighter_xyz subaccount for a trading challenge.
Every trade will be logged using @eCorpFolio. I'll also be posting weekly balance updates as a thread.
My 6 month targets:
- $20k balance
- Sharpe > 1.5
- Good risk management
- Full transparency
Too many people think you need to be glued to the charts scalping 24/7 to make money. This account will prove otherwise or not as trading publicly is harder kek regardless though the outcome will be posted :)
@huskyXBT Yeah I know I actually built a tool for that for Lighter kek https://t.co/yq82bom0V1
But my point was why leave out the mark price? At 1x lev it's just simple maths:
55.681 / (1 - 0.093) = 61.39 is your entry (unless I'm retarded and completely wrong here this is embarrassing)
Just bought a $50,000.00 Silver evaluation/challenge on @ProprXYZ.
The trading experience and UI/UX is clean af so far, weekly $HYPE distribution and points is the cherry on top. But the part that sold me is the transparency, every trader is shown on a leaderboard, every challenge purchase and every payout request is publicly visible with onchain proof of payouts - @louisregis is cooking :)
Plus it's an actual prop firm so pass the eval and you're trading their capital with an 80% split. You can make money whether you farm for points or not (TGE Q4 I believe)
I was the first 100 users on Lighter and I am getting that feeling in my balls with Propr. Use my referral or don't idrc just try them out this is free money on the table imo
https://t.co/SygbdLQm5j
https://t.co/idUDCnOC87
Month 3:
Changing this thread to monthly results rather than weekly results moving forward.
Was a decent month but stuck at the $8000 level.
The account is up +$2,240.00 / +44.80%.
Have a few positions open.
My goal for next month is to increase sharpe and be more aggressive as I am behind on my initial goals for this challenge.
You can find the full breakdown of the account in the image below. As usual, every trade is being logged via @eCorpFolio for full transparency :)
Just deposited $5,000 into a @Lighter_xyz subaccount for a trading challenge.
Every trade will be logged using @eCorpFolio. I'll also be posting weekly balance updates as a thread.
My 6 month targets:
- $20k balance
- Sharpe > 1.5
- Good risk management
- Full transparency
Too many people think you need to be glued to the charts scalping 24/7 to make money. This account will prove otherwise or not as trading publicly is harder kek regardless though the outcome will be posted :)
@eCorpFolio Week 5:
Took a nice W this week.
The account is up +$1100 / +21.93%.
Currently flat.
You can find the full breakdown of the account in the image below. As usual, every trade is being logged via @eCorpFolio for full transparency :)