Some massive losses on the USD across the board saw my SL hit. Means I managed to gain 16% this week - pretty decent. And in fact quite close to the record 19% in the first week. Trade safe!
Yours,
X
Thursday, November 29, 2018
Tuesday, November 27, 2018
Latest Strategy Week 5 - 50% gains, 7% running
A string of losses saw me lose 40%, dropped to $8,800. But with 3 open trades that were still winning after a day, I shifted TPs to latest pivot lines, and SLs to prev day's lows. Woke up to a 25% gain and 7% running. $10,960 now. Trade safe!
Yours,
X
Yours,
X
Sunday, November 25, 2018
Latest Strategy Week 5 - 38% gains
Last week was not so good - lost many trades. But have still been sticking to the rules pretty much, so a good trading week all in all :) Trade safe!
Tuesday, November 20, 2018
Most Memorable Strategies - A Recap
1. Anytime 1-2 pip strategy: High win percentage. High RR. Lasted 2 weeks. 13% profit.
2. Double-bar midnight 10-pip strategy: High win percentage. High RR. Lasted 3 months. 60% profit.
3. Pivot Point Strategy: High win percentage. Lower RR. Lasted 10 days. 345% profit.
4. Current 1:3 RR Strategy: Low win percentage. Lowest RR. Lasting a month and counting. 60% profit.
Actually, the SL/TP principles of #3 and #4 are similar. Hope this means I'm on the right track! Trade safe.
Yours,
X
2. Double-bar midnight 10-pip strategy: High win percentage. High RR. Lasted 3 months. 60% profit.
3. Pivot Point Strategy: High win percentage. Lower RR. Lasted 10 days. 345% profit.
4. Current 1:3 RR Strategy: Low win percentage. Lowest RR. Lasting a month and counting. 60% profit.
Actually, the SL/TP principles of #3 and #4 are similar. Hope this means I'm on the right track! Trade safe.
Yours,
X
Latest Strategy Week 4 - 63% locked in, 1 open position
Logged in to see 1 order filled for USD/CAD. Up 50 pips now, 10 more to my TP. Gonna try adjusting my TP/SL to see if I can expand the gains accordingly. Trade safe! (edit - checked in an hour later and a sudden spike saw my adjusted TP hit, so I'm at $11,900 now.)
Yours,
X
Yours,
X
Monday, November 19, 2018
Latest Strategy Week 4 - 46% locked in
So last week, I could've hit 12k, but decided to wait out the trades, and have ended up at $10,700 (making $500 instead of the paper profit of $2,000). Respectable returns still. Placing some orders so will update once they've been filled. Trade safe!
Yours,
X
Yours,
X
Latest Strategy Week 4 - 53% locked in.
Woke up to see 4 open positions for a paper profit of $500. So taking into consideration an expected 30% win record (so far 9 wins out of 30 trades), those 4 trades would have given me about $200. Since I was double that, I decided to close out. I've still got a few unfilled orders for this week, so let's wait and see if this new strategy tweak pans out. Trade safe!
Yours,
X
Yours,
X
Wednesday, November 14, 2018
Latest Strategy Week 3 - Profit Sweet Spot?
So I was sitting on a 25% paper profit, and decided to let the trades run out. Ended up losing 13%, while still being on a 25% profit.
Is there a sweet spot of profit a week? That I should close out once hit? I'll stick to the TPs and SLs for now. Mathematically, that would make sense if I see a massive spike in profits some weeks i.e. Couple of trades in a row going my way. But if the plodding still continues i.e. 5% a week, then maybe I should set a weekly target instead. $9,200 now (down $1k) with about $2k running. Trade safe!
Yours,
X
Is there a sweet spot of profit a week? That I should close out once hit? I'll stick to the TPs and SLs for now. Mathematically, that would make sense if I see a massive spike in profits some weeks i.e. Couple of trades in a row going my way. But if the plodding still continues i.e. 5% a week, then maybe I should set a weekly target instead. $9,200 now (down $1k) with about $2k running. Trade safe!
Yours,
X
Tuesday, November 13, 2018
Latest Strategy Week 3 - 36% locked in, 10% running
4 open positions. And I've breached the 30% mark! This has been a truly sustainable strategy these past few weeks. No need to stay up late, not trading like mad, way more losses than wins, yet staying reasonably profitable. At 46% in a month, I'll just need a $300k account to work 1 month a year! But let's not get ahead of ourselves shall we :) Trade safe!
Yours,
X
Yours,
X
Monday, November 12, 2018
Latest Strategy Week 3: 16% locked, 13% running
Somehow it seems like I'm hovering at a 30% actual+paper profit. Lost $600 today on 2 trades, but running $1000 paper profit on 3 open positions. So far I've ended the week consistently higher, so I'm staying with this strategy for now. (Next one I'm hoping to try is the 1:100 RR). Trade safe.
Yours,
X
Yours,
X
Wednesday, November 7, 2018
Latest Strategy Week 2: 12% locked in, 12% running
14 trades. 3 full out wins (TP-ed), 2 stopped out wins. 2 open positions currently.
S/No | Closed | Opened | Market | Direction | Size | Opening | Closing | Total |
1 | 29/10/2018 09:13 | 28/10/2018 23:59 | EUR/USD | BUY | 1 | 1.13987 | 1.13752 | -325.89 |
2 | 30/10/2018 07:02 | 30/10/2018 03:51 | AUD/USD | SELL | 1 | 0.70855 | 0.70975 | -166.46 |
3 | 30/10/2018 07:46 | 29/10/2018 00:00 | USD/JPY | BUY | 1 | 111.912 | 112.812 | 1,108.69 |
4 | 30/10/2018 16:39 | 29/10/2018 00:03 | GBP/JPY | BUY | 1 | 143.644 | 143.473 | -207.36 |
5 | 31/10/2018 05:41 | 30/10/2018 09:10 | USD/JPY | BUY | 1 | 112.73 | 113.33 | 739.29 |
6 | 31/10/2018 08:22 | 31/10/2018 00:54 | GBP/JPY | SELL | 1 | 143.88 | 144.13 | -307.1 |
7 | 31/10/2018 09:37 | 30/10/2018 10:01 | EUR/CHF | BUY | 1 | 1.1386 | 1.1393 | 95.38 |
8 | 31/10/2018 16:01 | 28/10/2018 23:53 | EUR/JPY | BUY | 1 | 127.553 | 127.795 | 289.78 |
9 | 01/11/2018 00:38 | 01/11/2018 00:36 | AUD/JPY | SELL | 1 | 80.136 | 80.186 | -61.55 |
10 | 01/11/2018 02:52 | 01/11/2018 00:34 | NZD/USD | SELL | 1 | 0.65365 | 0.65615 | -346.92 |
11 | 01/11/2018 07:12 | 01/11/2018 01:23 | EUR/JPY | SELL | 1 | 127.95 | 128.15 | -245.66 |
12 | 01/11/2018 07:12 | 31/10/2018 00:38 | AUD/USD | BUY | 1 | 0.7084 | 0.7144 | 820.54 |
13 | 05/11/2018 12:54 | 05/11/2018 11:21 | EUR/JPY | BUY | 1 | 128.779 | 128.599 | -219.42 |
14 | 06/11/2018 22:33 | 06/11/2018 10:18 | EUR/CHF | BUY | 1 | 1.145 | 1.14333 | -230.11 |
Thursday, November 1, 2018
Latest Strategy Week 1 - 19% overall
Kinda went against my rules and took a few trades today. Ended up making losses. But my trade from earlier in the week TP-ed making me another 4% today. It's been a fabulous week. $7,300 - $8,700. I've never had so many losing trades and yet still be in profit. I've never had so much vanishing paper gains (11%) and still felt good about the system. There are no bad trades only bad systems! Trade safe guys!
Yours,
X
Yours,
X
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