Forex $ocial Traders


Dluginacci´s $100 To $10,000 Forex Trading Challenge Update (September 2016)

dluginacci challenge
Sometimes one can find interesting ideas for new articles when browsing archives and old posts about forex traders.
It was in November 2014, almost 2 years ago when I first wrote about Michael Dlugi, alias Dluginacci and his forex trading challenge.

Dluginacci spoke about himself as a pro trader who used to work for a large investment bank as a fund manager. He opened his eToro trading account with intention to turn a small $100 investment to $10,000 very fast. Read more about this forex trading challenge.

As he said, he has done that before and could do it again and much faster.  His start was very good , since August 2014 to November 2014 he managed to increase his account balance by 330% and gained 949 etoro copiers!

So what has happened during those almost 2 years?

In December 2014 Dlugi wrote:

Happy Friday everyone. One not so well week, again, but as I told a few of you already: I have been in these phases a million times and always managed to come out bigger and stronger. A little bit of patience and a cool head is necessary to get it done – and I have both.

However, for all of you who stick with it: You will be surprised what a little bit of patience and discipline will pay you back. As I mentioned before, I am planning to finish this project (100 to 10k) by beginning/mid of 2015.

Today we have 1. september 2016, so his challenge should be already over. Let´s take a short look at his current trading statistics.

dlugi performance

Well, it looks like his challenge is over already. But he did not turn $100 into $10,000. As you can see, 2015 and 2016 are in red numbers.

His overall risk score is really high at 8 and his 949 copiers did shrink to 52.

Who know, maybe when I run through archives again in 2018 and check Dlugi´s trading performance, we all will be surprised with his results.

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