2022 has started nicely, from a pip perspective picking up where 2021 left off.
For this month only, in fact up to 2359 on the 30th January 2022 (New York Time), I have a new year subscription offer called “DOUBLE UP” available to those serious FX traders looking to add an edge to their trading.
There is a great deal more information about me and how I trade on my website at https://www.weeklyfxdrivethru.com and obviously, I encourage you to go there and go deeper with your research.
Here, I just want to give you: -
- The Overview of the FX PREMIUM Performance in 2021
- The Performance Highlights History of my Subscription Service THE WEEKLY FX PREMIUM from 2014 through to 2021.
- A look ahead with my WEEKLY FX PREMIUM 2022 Objectives.
- Details of the “DOUBLE UP” new subscriber promotion.
- THE WEEKLY FX DRIVE THRU BLOG – DISTRIBUTION and TIMINGS:
1: THE WEEKLY FX PREMIUM - NET PROFITABILITY 2021:
In order to simplify my reporting process, I express all profits based on single lot trading.
Micro Lot cost USD$$0.10 per trade
Mini Lot cost USD$1.00 per trade
Standard Lot USD$10.00 per trade
From the excel spreadsheet above, I have used the Mini Lot column to explain the 2021 results.
D = Total Gross income from my three Trade Styles, FLASH (FLA), RADAR (RAD) and POSITION (POS) = USD$20,860.00.
E = Costs to trade. I completed 503 trades in 2021, therefore based on single Mini Lot trades the cost to trade these trades was 503 trades at USD$1.00 each = USD$503.00.
F = Net Position = Gross Income less Costs to Trade = USD$20,860.00 less USD$503.00, Net Position = USD$20,357.00.
G = Cost of a 12-month WEEKLY FX PREMIUM subscription, CAD$1,500.00 = USD$1,200.00
H = Net Income = Net Position less a 12-month WEEKLY FX PREMIUM subscription. USD$20,357.00 less USD$1,200.00 = USD$19,157.00
USD$19,157.00 equates to the NET performance that was possible had a subscriber entered all the trades I was participating in at my entry level and exiting at my exit prices, based on had they traded a single mini lot trade for every trade taken and completed.
2: THE HISTORY OF THE WEEKLY FX PREMIUM:
As you can see from the excel spreadsheet above last year in 2021, I beat every objective.
Pip Total +20,860 pips
Target was +15,480 pips
134.75% of target achieved
40 pips per completed trade
41.47 pips per completed trade achieved
103.67% of target achieved
Profit / Loss making Trades Ratio
Target 80% / 20%
85% / 15% achieved.
In previous years you can that my pips target, in particular was always beaten and the vast majority of the other objectives also passed.
3: PIP PROJECTION 2022:
It shows you the potential available this year based upon single lot trades. I have used the single “Mini Lot” column to highlight the potential income possible. Obviously, you can use this as a base case to factor up your trading opportunity based upon the size of your broker account and your position sizing based upon your RISK TOLERANCE.
The pips per completed trade objective in 2022 = 35 pips per completed trade.
Profit / Loss making ratio of completed trades = 80% / 20%.
This year I looking to produce a net +14,920 pips from 354 completed trades.
4: NEW SUBSCRIBER PROMOTION – DOUBLE UP:
To start off 2022 with a bang, I have launched a new subscriber promotion called “DOUBLE UP”. The details are below and can also be found on my website together with lots of other information about me and how I trade. If you want to trade with my thoughts and ideas for the entire year, this will be best the best opportunity to get your FX Trading all set for 2022.
5: THE WEEKLY FX DRIVE THRU BLOG – DISTRIBUTION and TIMINGS:
DISTRIBUTION and TIMINGS:
- WEEKLY FX PREMIUM (Full Version) subscribers:
Saturday before 5PM New York Time
- FREE NEWSLETTER (Restricted Version) subscribers:
Sunday before Noon PM New York Time
- SOCIAL MEDIA and COFFEE SHOP
FREE NEWSLETTER (Restricted Versions):
Sunday before 3PM New York Time
Below are the dates for the DRIVE THRU blog in 2022.
Always remember longevity in Forex trading can only be achieved through trading with a good MINDSET, RISK, TRADE and HEAD MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility. Trade with a TRADE PLAN, basically, plan your trades and Trade your Plan.
Be GRATEFUL for your wins and COUNT THEM. Keep a POSITIVE MINDSET in play at all times, regardless of the market conditions.
The Pip Accumulator
BLOG VERSION: #439 FREE NEWSLETTER
DATE: 17th January 2022