Lets see how this thing works - Page 4
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Thread: Lets see how this thing works

  1. #31
    aces
    Guest
    Yesterday I had a loss of 110$ (1.8percent ) bringng my general loss to a
    -232$(3.8percent )

    today will attempt to perform better

    right now I'm long on eur/usd and I'm getting some good pip!

  2. #32
    aces
    Guest
    Launched live account, changed to daily timeframe so I will be more relaxed considering price.

  3. #33
    aces
    Guest
    Since today on I shall write on this diary just in the end of the week or when something happens. Shing to daily slowed a lot my trading, I'm delighted with it since I could not stand all the day looking at price too much stress, additionally, the spread even if little (2 pips) can heavily impact your RR, in my case I discovered it has passed out of 3 to 2.7, a 0.3 could appear little but when you make 10 transactions a day can make a big impact in the end of the year.
    So daily is that my time less pressure less commission, on the other side is much more boring and harder, why harder? Because I can remain even for 2-3 weeks without visiting a profit, but this is trading... not simple!

    About my transactions at MT4 stats, I deposited 1000? On 16th july, but this account is old so occasionally (when I'm not on metatrader) it reveals my entire hystory, it reveals additional transactions that I made, but they don't belong to this egy, I say this simply to clearify a bit, if you go there seem just at transactions made after 16th july.

    Thanks for the focus, see you tomorrow for your weekly statement!

  4. #34
    aces
    Guest
    My week ends. It has been a really good one, I had 3 triumph and 3 reduction, but my typical triumph has been 38? While my typical loss has been 2.52? , so I should feel fulfilled, and I''m!! Unfortunatly this probably is not my ordinary week... losses will be more, I have calculated my triumph% should be around 30%, while the RR should be more... but markets do what they need and the only thing we might do is follow
    them!

    see ya next week, hopefully will be a great one such as this!!
    Have a Fantastic weekend
    Bye!!!!

  5. #35
    aces
    Guest
    Another week is gone! Didn't have good trades, but I am still up 17#8364; to the week! WOW!!! Lol.

    July: 1.8%
    August: 0.3%

    now I am investing in a mix of timeframes, if I see a fantastic opportunity I go. Let's see what's going to happen!!

  6. #36
    aces
    Guest
    Oh my God composed!!

    Eventually that I'm actually earning money day by day I understand why I used to be a loser, too much mended to obtain the holy grail, having a SL and also a TP always in place, you can't trade like that! You have to be elastic, browse the tape, and try and guess if it will go further on your direction or not, take care of your losses that is the very first thing. When you understand how to prevent losses or at least reduce them, money will come handy.
    Be patient:
    -Before you open a commerce be patient, maybe you can find a much better spot to get in, at the exact same time be quick to comprehend a movement on your path because case go to it without second guessing!!
    -If the trade does not go in your favor be patient, try to read if the fad is changed or if it is just poor timing.
    -When taking a profit be individual, the majority of the time price will return to test your entrance point (not yours) and it will go farther on your direction, but at the same be quick to close if it does not go farther in your direction.

    I know I stated all and nothing, but try to be flexible, be patient and fast at the exact same time, go with the fad but be prepared to go countertrend in a minute, it is not simple, but it is possible, it requires a lot of time and a lot of efforts to become profitable.
    It is almost an obsession for me, I stopped working for about 1 year simply to follow the market remaining 15 hours every day in front of a screen simply to see my money going to someone else pocket, I've risked my financial safety and my wellbeing (a lot of stress involved) unable to get a profit for two/three months and after three days lose it all and a few more!!
    Now that I'm profitable I do not have to reveal it in a diary, likely it would be counter to reveal other people if I'm earning or not, money come if it wants to come you can't force it!
    Today I commerce in a very relaxed way I'm any more unable to become profitable, money comes alone because I took care of my losses, I'm still learning and I believe it's a never ending process, but if you consider it, life in general is a continuos learning process (when I was working I took several courses to get better if I was a very great dentist and I was already earning fantastic money)

    If you wanna be profitable you have to find your own way, no book, no thread, nobody can get it done for you.

    Acknowledgement to Fti along with his thread I really owe something to this guy!

    Stated that do not think to enter his thread and find the best way to trade, it does not work like that, for me it's been very helpfull to connect some pieces togheter, but I have my own way to trade.

    Thanks forexforum.co.za

  7. #37
    aces
    Guest
    Posted a new thread in the trading couch, I believe it's going to be more important then any egy, journal you will discover on forexforum.co.za.

  8. #38
    If you don't want to lose more than 10 percent of your account into drawdown, why not put 80% of your account in a bank CD instead of letting it sit there doing nothing.

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