100x3ver2 (1).xls

DOUBLING YOUR ACCOUNT I

The purpose of this model is to calculate if 1. it is possible to double your account in 3 trades and 2. H

Doubling your account in 3 trades is dependent on various factors

1. The leverage you are using 1/100, 1/200, 1/400 etc 2. The type of Account you use - Main, Mini and Micro - This also determines the currency sizes traded 3. Your risk return ratio - Never try to double your account risking more than your target 4. The % of your total money you are prepared to risk on the days trading 5. The value of a pip for the currency you are trading 6. The size of your account - if you account is too small doubling may not be possible. These are the main input items on the calculation sheet.

In general 1. Micro accounts give better lot management 2. The higher the leverage the better you chances of doubling your trading account 3. The higher your risk return ratio the better. 1:2 is recommended (1 pip risked for 2 pips gained).

Using the model 1. 2. 3. 4. 5. 6.

Enter your trading variables into the model - In the dark Blue blocks only The model will tell you whether it is possible to double your account within 3 trades and it will calcu If you are getting a message the the lots exceed the maximum lots you can trade you will have to c if you get a message that your goal is not achievable you will also have to change one of the 5 vari If you do not achieve 3 successful trades in a row use the "Next trades after Gains and losses" to ca The sheet is protected so that you can only enter information to the input sections - you can not ch

OUNT IN 3 TRADES

t in 3 trades and 2. How many lots you need to use

us factors

currency sizes traded 10K, 100K, 1K.

or 2 pips gained).

ades and it will calculate the lots you need to trade ade you will have to change one of the 5 variable above. nge one of the 5 variables. ains and losses" to calculate lots that you need to trade ons - you can not change anything on the sheet itself.

DOUBLE YOUR DAILY RISK IN 3 TRA INPUTS

Total Forex Trading Capital Lot sizes traded % that will be risked today Leverage used on account Stops used Targets used Value of a pip in currency traded in $

$ $ 1/

Calculations Daily risk amount

$ 100 MICRO ACCOUNT $ 100

Account used Target

Plan

Gain in 1st Trade Gain in 2nd trade Gain in 3rd trade Total gain after 3 trades

2,000.00 1,000 5% 500 5 5 0.11

LOTS 47 59 93

$ $ $ $

25.85 32.45 51.15 109.45

Calculate your money requirement per lot Margin per lot Stop loss + spread Funding required per lot

$ $ $

2.00 0.55 2.55

Calculate your maximum lots 1 st trade

39

Next trades after gains and losses Starting balance ENTER: Your Gain or loss today Trading account balance

$

0 $

Expert4x - Version 1 - 5/7/2009

100

0

Lots for next trade Maximum lots Trade until for start balance has doubled or you can't trade any more

100

39 $

100

K IN 3 TRADES METHOD Main is 100K, Mini is 10K and Micro is 1K Determines your trading account for the day Example 1/100, 1/200, 1/400 etc Pips (include the spread) Pips (include the spread) Will depend if a Main, Mini or Micro a/c is used

ACCOUNT

Maximum amount to be risked Please confirm or change the lot size

NO!!

Your Maximum Lots allowed has been exceeded

Goal Not Achievable

to

$

200.00

1094.5

pips

DOUBLE YOUR ACCOUNT IN 3 TRA INPUTS

Total Forex Trading Capital Lot sizes traded % that will be risked today Leverage used on account Stops used Targets used Value of a pip in currency traded in $

$ $ 1/

Calculations Trading account balance

$ 673 MICRO ACCOUNT $ 673

Account used Target

Plan

Gain in 1st Trade Gain in 2nd trade Gain in 3rd trade Total gain after 3 trades

6,729.00 1,000 10% 400 9 9 0.10

LOTS 194 244 387

$ $ $ $

174.60 219.60 348.30 742.50

Calculate your money requirement per lot Margin per lot Stop loss + spread Funding required per lot

$ $ $

2.50 0.90 3.40

Calculate your maximum lots 1 st trade

198

Next trades after gains and losses Starting balance

$

673

ENTER: Your Gain or loss today Trading account balance

$

673

0

Lots for next trade Maximum lots Trade until for start balance has doubled or you can't trade any more

Expert4x - Version 1 - 5/7/2009

198 $

673

T IN 3 TRADES METHOD Main is 100K, Mini is 10K and Micro is 1K Determines your trading account for the day Example 1/100, 1/200, 1/400 etc Pips (include the spread) Pips (include the spread) Will depend if a Main, Mini or Micro a/c is used

ACCOUNT

Maximum amount to be risked Please confirm or change the lot size

YES it is OK to trade those lots

Goal Achievable

to

$

1,345.80

DOUBLE YOUR ACCOUNT IN 3 TRA INPUTS

Total Forex Trading Capital Lot sizes traded % that will be risked today Leverage used on account Stops used Targets used Value of a pip in currency traded in $

$ $ 1/

Calculations Trading account balance

$ 5,000 MINI ACCOUNT $ 5,000

Account used Target

Plan

Gain in 1st Trade Gain in 2nd trade Gain in 3rd trade Total gain after 3 trades

50,000.00 10,000 10% 100 100 200 1.00

LOTS 7 9 15

$ $ $ $

1,400.00 1,800.00 3,000.00 6,200.00

Calculate your money requirement per lot Margin per lot Stop loss + spread Funding required per lot

$ $ $

100.00 100.00 200.00

Calculate your maximum lots 1 st trade

25

Next trades after gains and losses Starting balance ENTER: Your Gain or loss today Trading account balance

$

0 $

Expert4x - Version 1 - 5/7/2009

5,000

0

Lots for next trade Maximum lots Trade until for start balance has doubled or you can't trade any more

5,000

25 $

5,000

T IN 3 TRADES METHOD Main is 100K, Mini is 10K and Micro is 1K Determines your trading account for the day Example 1/100, 1/200, 1/400 etc Pips (include the spread) Pips (include the spread) Will depend if a Main, Mini or Micro a/c is used Maximum amount to be risked Please confirm or change the lot size

YES it is OK to trade those lots

Goal Achievable

to

$

10,000.00

DOUBLE YOUR ACCOUNT IN 3 TRA INPUTS

Total Forex Trading Capital Lot sizes traded % that will be risked today Leverage used on account Stops used Targets used Value of a pip in currency traded in $

$ $ 1/

Calculations Trading account balance

$ 5,000 MAIN Account $ 5,000

Account used Target

Plan

Gain in 1st Trade Gain in 2nd trade Gain in 3rd trade Total gain after 3 trades

50,000.00 100,000 10% 100 100 100 10.00

LOTS 1 1 1

$ $ $ $

1,000.00 1,000.00 1,000.00 3,000.00

Calculate your money requirement per lot Margin per lot Stop loss + spread Funding required per lot

$ $ $

1,000.00 1,000.00 2,000.00

Calculate your maximum lots 1 st trade

3

Next trades after gains and losses Starting balance ENTER: Your Gain or loss today Trading account balance

$

0 $

Expert4x - Version 1 - 5/7/2009

5,000

0

Lots for next trade Maximum lots Trade until for start balance has doubled or you can't trade any more

5,000

3 $

5,000

T IN 3 TRADES METHOD Main is 100K, Mini is 10K and Micro is 1K Determines your trading account for the day Example 1/100, 1/200, 1/400 etc Pips (include the spread) Pips (include the spread) Will depend if a Main, Mini or Micro a/c is used Maximum amount to be risked Please confirm or change the lot size

YES it is OK to trade those lots

Goal not Achievable

to

$

10,000.00

DOUBLE YOUR ACCOUNT IN 3 TRA INPUTS

Total Forex Trading Capital Lot sizes traded % that will be risked today Leverage used on account Stops used Targets used Value of a pip in currency traded in $

$ $ 1/

Calculations Trading account balance

$ 200 MINI ACCOUNT $ 200

Account used Target

Plan

Gain in 1st Trade Gain in 2nd trade Gain in 3rd trade Total gain after 3 trades

2,000.00 10,000 10% 400 100 100 1.00

LOTS 1 2 5

$ $ $ $

100.00 200.00 500.00 800.00

Calculate your money requirement per lot Margin per lot Stop loss + spread Funding required per lot

$ $ $

25.00 100.00 125.00

Calculate your maximum lots 1 st trade

2

Next trades after gains and losses Starting balance ENTER: Your Gain or loss today Trading account balance

$

0 $

Expert4x - Version 1 - 5/7/2009

200

0

Lots for next trade Maximum lots Trade until for start balance has doubled or you can't trade any more

200

2 $

200

T IN 3 TRADES METHOD Main is 100K, Mini is 10K and Micro is 1K Determines your trading account for the day Example 1/100, 1/200, 1/400 etc Pips (include the spread) Pips (include the spread) Will depend if a Main, Mini or Micro a/c is used Maximum amount to be risked Please confirm or change the lot size

YES it is OK to trade those lots

Goal Achievable

to

$

400.00

Weekly gain

10%

Gain after 50 weeks Gain after 70 weeks Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

Balance 1,188.00 1,306.80 1,437.48 1,581.23 1,739.35 1,913.29 2,104.61 2,315.08 2,546.58 2,801.24 3,081.37 3,389.50 3,728.45 4,101.30 4,511.43 4,962.57 5,458.83 6,004.71 6,605.18 7,265.70 7,992.27 8,791.50 9,670.65 10,637.71 11,701.48 12,871.63 14,158.79 15,574.67 17,132.14 18,845.35 20,729.89 22,802.88 25,083.17 27,591.48 30,350.63 33,385.69 36,724.26

126,782.12 852,926.71 Gain 118.80 130.68 143.75 158.12 173.94 191.33 210.46 231.51 254.66 280.12 308.14 338.95 372.85 410.13 451.14 496.26 545.88 600.47 660.52 726.57 799.23 879.15 967.06 1,063.77 1,170.15 1,287.16 1,415.88 1,557.47 1,713.21 1,884.54 2,072.99 2,280.29 2,508.32 2,759.15 3,035.06 3,338.57 3,672.43

Actual 159

% 13.4%

38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72

40,396.69 44,436.36 48,880.00 53,768.00 59,144.80 65,059.27 71,565.20 78,721.72 86,593.89 95,253.28 104,778.61 115,256.47 126,782.12 139,460.33 153,406.37 168,747.00 185,621.70 204,183.87 224,602.26 247,062.49 271,768.74 298,945.61 328,840.17 361,724.19 397,896.61 437,686.27 481,454.89 529,600.38 582,560.42 640,816.46 704,898.11 775,387.92 852,926.71 938,219.38 1,032,041.32

4,039.67 4,443.64 4,888.00 5,376.80 5,914.48 6,505.93 7,156.52 7,872.17 8,659.39 9,525.33 10,477.86 11,525.65 12,678.21 13,946.03 15,340.64 16,874.70 18,562.17 20,418.39 22,460.23 24,706.25 27,176.87 29,894.56 32,884.02 36,172.42 39,789.66 43,768.63 48,145.49 52,960.04 58,256.04 64,081.65 70,489.81 77,538.79 85,292.67 93,821.94 103,204.13