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jordvn Jan 14, 2020 4:24pm | Post# 1

Full Time Journey
 
Hi, thank you for taking time to look this thread over. I've never been on any type of forum and I'm pretty excited to get this started. I've been planning this transition for about a month or more, and just recently I came upon capital to trade full-time; and let me just say it's been quite the two weeks.

I started this journey on Jan 5, 2020; and to be completely fair, it's been much more 'lax than I expected. See, I started trading back in October 2018 when I opened this account, back when I believed I can make more than the professional trader. I was using small accounts and finding brokers with leverage up to 1:1000 in full faith of a 'come up'. Bad habits die hard.

Last year around February I started dabbling with a new kind of trading style. I don't use technical analysis as in: support and resistance, trendline breaks, and candlestick/chart patterns. Those don't work for me and my goal, nevertheless for most traders. My trading style involves the use of MODERN indicators and disposing the shameful RSI's and MACD's. Granted I won't be giving out my full system, but here and there I will post progress on trades I've entered using my system and explaining how it validates itself so I can trade it. So, with a years experience trading this style I'm now confident in going full-time and generating an income for myself.

I hope you guys enjoy this thread and learn from journey as I still am. Feel free to ask questions and I'll get back to you as soon as I can! Thanks.

jordvn Jan 14, 2020 4:41pm | Post# 2

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Here is my most recent trade. (Don't treat this like a signal. I'm not certified or a financial advisor. Trade at your own risk.)
I got confirmation from both the Daily timeframe (yes, I'm a swing trader), and the 4Hour timeframe.
When I got confirmation, volume was high around my entry price, and I measured a 2% risk on my account which resulted in a Lot size of 0.41.
(TradingView is also my practice platform, so you may see early entries at times.)
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jordvn Jan 20, 2020 3:48am | Post# 3

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Here is my most recent trade. (Don't treat this like a signal. I'm not certified or a financial advisor. Trade at your own risk.) I got confirmation from both the Daily timeframe (yes, I'm a swing trader), and the 4Hour timeframe. When I got confirmation, volume was high around my entry price, and I measured a 2% risk on my account which resulted in a Lot size of 0.41. (TradingView is also my practice platform, so you may see early entries at times.) {image}
So I failed to be patient on this trade and so it bit my ass a bit.
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jordvn Jan 22, 2020 6:56pm | Post# 4

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A new trade opportunity has presented itself! I've changed the way I narrowed down and chose the pair to trade. Now, this pair (NZDUSD) may be easy to have guessed but the moves it can make are SUPER! I'm aiming for a 2% - 5% return before I take 50% of profits and let run with a trailing stop.
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jordvn Jan 30, 2020 3:21pm | Post# 5

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A new trade opportunity has presented itself! I've changed the way I narrowed down and chose the pair to trade. Now, this pair (NZDUSD) may be easy to have guessed but the moves it can make are SUPER! I'm aiming for a 2% - 5% return before I take 50% of profits and let run with a trailing stop. {image}
This week has been good to me. I'm up 10% and some which was my goal for the month. This is exciting! Frequent revisions and backtesting of my system have proven to be beneficial!

Now back to the trade, I'm up about 100 pips and have liquidated 0.82 (82,000) of my position and letting the trade run with a stop loss around 75 pips.
So I'd be expecting to end the trade with 0.15*750= $112.5 or (hopefully) 0.15*2000= $300!
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jordvn Feb 11, 2020 5:58am | Post# 6

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Took a bit of a hit last week, but onward we go!
I've pulled out of NZDUSD trade and re-entered at a decently favorable price, but I'll still show the overall trade entry and exit as it will show me at least how to scale out properly.
Best of luck!
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jordvn Feb 11, 2020 8:45pm | Post# 7

Took a bit of a hit last week, but onward we go! I've pulled out of NZDUSD trade and re-entered at a decently favorable price, but I'll still show the overall trade entry and exit as it will show me at least how to scale out properly. Best of luck! {image}
Just closed my position! This was a good trade and quite honestly I'm dissapointed I didn't scale out properly before exiting and re-entering. Anyways I'm looking at another trade now.


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