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

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

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

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

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

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

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

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