3 September 2016 Update:
Nearly one year after the last update!!
Been son long, but i never gave up. always trying!
And finally i can prove my 100% double account, by scalping I DID IT!!!!!!!!!!!!!
Start the fireworks !!
Next Goal: 200% by months end.
29 September 2015 Update:
(this attempt starts on post 126)
Here i am again...
9 months later i am here to try one more time with a system i invented (Manta System)
It's a hybrid system (EA+Me). I dropped forex because strong manipulation kills my strongest moves. I trade futures now, DAX futures.
I will post some live trades. Big difference from last attempts is that now i use a stop loss! A timer stop loss and a hard stop loss when everything goes wrong that one kicks in.
i still don't like trading demo accounts, but funds are not available right now, so demo it must be.
30 January 2015 Update:
(this attempt starts on post 108)
This time i will make 100 consecutive winner trades, each one weight 1% on the account.
If i happen to fail just one of them, it is considered a FAIL.
I will not post any Stop Loss, but for the sake of this adventure if a trade goes 100 pips away from the entry it is considered a FAIL.
Pairs to be traded are just these: eurusd,gbpusd,eurgbp,usdjpy and audsd. That should be enough for a trade a day at least.
17 December 2014 Update:
(this attempt starts on post 99)
So i am back again. Another try to reach 100% profit Hall of Fame
Last try failed because i over traded, and used excessive leverage.
Hope this time things will be different.
My trades are 100% automatic (EA based). I coded the bot alone on a idea that i came up today LOL.
So far it's on demo (fresh bot, fresh idea). I am not fan of demo accounts, but i do not have the money to spent anymore on tests with a real live account.
This time i have a trade explorer to evaluate this idea
24 October 2014 Update:
Starts on post #65
So, what is the difference from this trading method than all of the above?
- Trading pairs reduced to EurUsd and GbpUsd;
- Trading Hours reduced to the London Open and New York Open;
- Possible rescue a bad trade to level 4;
- R:R = 1:1;
The objective remains the same: double the account. This time there is no race to the end. just get there in one piece.
30 April 2014 Update:
So, after i drifted searching for a system that suits me, i have found one good. It fits my personality. Just for sharing purposes i will publish my trades again. I have learned a lot in the forum, so this is me giving back.
I trade only price action, Support and Resistance levels.
Time frame is the 5M
ditch all indicators, it will only slow you down. you only need 2 things to be successful:
- YOU
- The Price
Lets share some real trades and its targets!
10 MAY 2012 Update:
A few modifications in my original method:
- the Trix indicator is gone. I don't need lagging indicators to trade. Price Action should be enough. Almost naked trading is what i want to achieve in my journal;
- Before i take an hammer to trade i will wait for the next candle to confirm the hammer direction. I need momentum with the hammer. Still struggling if a new High/Low is enough or wait for candle close.
- Will use only 5 min timeframe.
- No more dollars in my journal. pips is all i am going to talk about;
- The Risk:Reward must change: so far the SL was the hammer high or low ant the target profit only 6 pips. From now on the target will be equal to SL +1. At least i want a 1:1 RR.
---- Original Post ----
This is going to be my journal.
The experience is very simple!!:
Start Day : 27 Fev 2012
End Day: When reached 100% profit
Starting Capital: 50 dollars
Currencys that will be traded: EUR/USD | AUS/USD | GBP/USD | EUR/JPY
TimeFrames: 5M and 15M
Method: Scalping
Lot Size: micro 0.1
This journal will end when i reach 0 dollars or 100 dollars. It will be real live trading, i will post trades on real time always with a picture, where i will include my target, stop losses, and reasons to enter the trade.
The first post will have an updated view of my current Balance.
Last:
Why this journal? Because i believe i have found a great trading method, but i suffer from one of the mistakes that makes every trader fail. My lack of discipline is brutal. I know this, and i want to control it, but it is very very hard.
Let the games begin!!
Current Balance: 64 dollars
Trades made: 9
Sucess trades: 6
% winner trades: 66,6%
Nearly one year after the last update!!
Been son long, but i never gave up. always trying!
And finally i can prove my 100% double account, by scalping I DID IT!!!!!!!!!!!!!
Start the fireworks !!
Next Goal: 200% by months end.
29 September 2015 Update:
(this attempt starts on post 126)
Here i am again...
9 months later i am here to try one more time with a system i invented (Manta System)
It's a hybrid system (EA+Me). I dropped forex because strong manipulation kills my strongest moves. I trade futures now, DAX futures.
I will post some live trades. Big difference from last attempts is that now i use a stop loss! A timer stop loss and a hard stop loss when everything goes wrong that one kicks in.
i still don't like trading demo accounts, but funds are not available right now, so demo it must be.
30 January 2015 Update:
(this attempt starts on post 108)
This time i will make 100 consecutive winner trades, each one weight 1% on the account.
If i happen to fail just one of them, it is considered a FAIL.
I will not post any Stop Loss, but for the sake of this adventure if a trade goes 100 pips away from the entry it is considered a FAIL.
Pairs to be traded are just these: eurusd,gbpusd,eurgbp,usdjpy and audsd. That should be enough for a trade a day at least.
17 December 2014 Update:
(this attempt starts on post 99)
So i am back again. Another try to reach 100% profit Hall of Fame
Last try failed because i over traded, and used excessive leverage.
Hope this time things will be different.
My trades are 100% automatic (EA based). I coded the bot alone on a idea that i came up today LOL.
So far it's on demo (fresh bot, fresh idea). I am not fan of demo accounts, but i do not have the money to spent anymore on tests with a real live account.
This time i have a trade explorer to evaluate this idea
24 October 2014 Update:
Starts on post #65
So, what is the difference from this trading method than all of the above?
- Trading pairs reduced to EurUsd and GbpUsd;
- Trading Hours reduced to the London Open and New York Open;
- Possible rescue a bad trade to level 4;
- R:R = 1:1;
The objective remains the same: double the account. This time there is no race to the end. just get there in one piece.
30 April 2014 Update:
So, after i drifted searching for a system that suits me, i have found one good. It fits my personality. Just for sharing purposes i will publish my trades again. I have learned a lot in the forum, so this is me giving back.
I trade only price action, Support and Resistance levels.
Time frame is the 5M
ditch all indicators, it will only slow you down. you only need 2 things to be successful:
- YOU
- The Price
Lets share some real trades and its targets!
10 MAY 2012 Update:
A few modifications in my original method:
- the Trix indicator is gone. I don't need lagging indicators to trade. Price Action should be enough. Almost naked trading is what i want to achieve in my journal;
- Before i take an hammer to trade i will wait for the next candle to confirm the hammer direction. I need momentum with the hammer. Still struggling if a new High/Low is enough or wait for candle close.
- Will use only 5 min timeframe.
- No more dollars in my journal. pips is all i am going to talk about;
- The Risk:Reward must change: so far the SL was the hammer high or low ant the target profit only 6 pips. From now on the target will be equal to SL +1. At least i want a 1:1 RR.
---- Original Post ----
This is going to be my journal.
The experience is very simple!!:
Start Day : 27 Fev 2012
End Day: When reached 100% profit
Starting Capital: 50 dollars
Currencys that will be traded: EUR/USD | AUS/USD | GBP/USD | EUR/JPY
TimeFrames: 5M and 15M
Method: Scalping
Lot Size: micro 0.1
This journal will end when i reach 0 dollars or 100 dollars. It will be real live trading, i will post trades on real time always with a picture, where i will include my target, stop losses, and reasons to enter the trade.
The first post will have an updated view of my current Balance.
Last:
Why this journal? Because i believe i have found a great trading method, but i suffer from one of the mistakes that makes every trader fail. My lack of discipline is brutal. I know this, and i want to control it, but it is very very hard.
Let the games begin!!
Current Balance: 64 dollars
Trades made: 9
Sucess trades: 6
% winner trades: 66,6%