RIP and lavish funeral

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Every good thing comes to an end. In my case it’s the million or…
As you might guess – it has happened. I feel like Mr. Krabs from SpongeBob cartoon, who lost his million’s dollar. Only difference – I’ve lost my first dollar of the million I couldn’t reach. No need to hide, it was very precious to me.

How did it happen?

It is a good question. There are two reasons. The first one: during the last month I couldn’t get enough time to follow open positions, which is the crucial point of my trading strategy. As usual, after the position opening I was gaining profit, but often it couldn’t reach T/P. Closing the deal manually wasn’t possible on the moment. The second reason is strange and volatile market. We’re surrounded by foreign currency wars and central banks printing out money. If everyone has a chance to print out, what’s the point of it? EUR/JPY as example, run ahead fond indexes (36%). And if you take a shoulder of 1:100, in my case – 1:1000, you can imagine what a movement it is. Euro optimism on trade market added more mess, but it’s more quite now as you can see.

To sum up, I was fighting the best I could, but it couldn’t stop me from “Stop Deposit”. There was a few times when my dollar dropped under 1$ point and got up again successfully. However, during last weeks time, it was in between 20c and 1,3$. Adding EUR/USD volatility and EUR/JPY 80 pips for 10-15 min and Requotes – all these factors had lead to the death of the dollar. Look at Intomillion All History Balance/Equity graphic bellow.

Intomillion Balance & Equity (2012-09-07 - 2013-02-26)

The trade market got over me. I’ve lost the dollar as Mr. Krabs and half the year time. But time means experience. It is priceless, my friends.

What’s next?

If you were following my posts, you know that my credo – NEVER GIVE UP. Think Big Start Small, I don’t give up my idea and think it is absolutely possible to reach the million! I need more attention and self-control! The trading plan is moving on and keeping me apart from the million. I still can become a millionaire and making it with a half of the year delay won’t disappoint me. I’m going to take the trade market’s revenge!

Facts and statistics

For the project’s time, it is all most 6 month, obtained results are:

Founded: 7 Sep, 2012
Dead (stop deposit): 22 Feb, 2013
Beginning equity: 1.00 USD
Highest equity: 33.20 USD
Highest step: 5
Rebates earned: 37.89 USD
Total number of executed trades: 445
Total volume of executed trades: 240 210 USD
Total volume of executed trades: 24.21
Major trading pairs: EUR/JPY. EUR/USD

For whose of you, who are interested here is the link to Intomillion Detailed Statement and link to InstaForex Live Monitoring, as the proof of my project has really existed.

Start of the new dollar is coming up in March. Follow me, together we are the real force! I need your support.

Yours sincerely,
Gran Layson


About Author

Hi, Friend! My name is Gran Layson. I am an experienced currency and stock trader from Europe. If you want something to be done well, do it yourself, therefore often I feel myself as “Swiss Army Knife Man”. I am the Intomillion’s website administrator, developer ... read more

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  • We believe in what we do

    Since the foundation of the project, we have been trying to turn one Dollar into a Million. Many dollars were lost on the way to the cherished goal. Nobody said it was going to be easy. However, we believe that everything is possible. Each time we lose a Dollar, we start again stronger with more experience and dedication. Today the project is much more than just about a Dollar. Our philosophy is openness and transparency. So apart from trading on Forex, we are creating a variety of useful Tools, sharing our developments, ideas, and experiences with our followers. We are true fans of financial markets and looking forward making trading more understandable and showing that profitable trading is possible.

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