Update on The 50K Challenge · Liquidity Logic Trading

Update on The 50K Challenge

It took ages, I know 😂 But we finally made some progress — I passed Phase 1 of the evaluation!

I usually trade Gold, but this time I decided to start adding Forex pairs to my trading. That turned out to be a devastating decision. I ended up going over 8% drawdown, and that's where the frustration started kicking in.

So I made two changes:

Stopped trading Forex pairs
Went back to focusing only on Gold
Reduced my risk by half, from 1% to 0.5% per trade

The 0.5% risk definitely wasn't easy. When you're risking half as much, you need to make twice as much to recover the same amount you lost. But at the end of the day, protecting the account was more important than trying to recover quickly and potentially blowing it.

After that, things started to flow much better.

I stuck to Gold only, stayed disciplined, slowly worked my way out of that 8%+ drawdown, and eventually passed Phase 1 while risking only 0.5% per trade. 💪

Now onto Phase 2...

Let's see how this one goes. 👀

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