Hello fellow traders,
After a few years, I'm officially back here in FF to share my trading journey with everyone. I've been trading on my own for a while now without noise such as social media and without following other traders. Just kept practicing on my own and executing on my own.
Since I've been very quiet, I think this is very boring trading without interacting with others. So, I've been thinking if I can just start to give value to other traders, I think this will make my trading more exciting and beneficial.
I've been thinking if I will start a thread here on Trading Journals or on Trading Systems but I would want to give this a try first here. If I can stay consistently profitable on this journal by just posting my before and after trades for a year or two. Then that's the time I will share my approach so others can learn from it and benefit from my trading style.
I learned from another trader too before and I just kept practising and modifying the basics that I've learned until I was able to master my strategy.
So, without further ado, I am posting my 1st ever-public trade here on ForexFactory that I took yesterday (January 18, 2024) on US30.
Before:
After:
Actual Trade on my MT5 Terminal:
My Results as of Jan 19, 2024(based on Risk-Reward Ratio):
# of trade/s - 1
Win/s - 1
Loss/es - 0
Total - 3R
My trading strategy is very simple and easy to do. But all I can say for now is this is all price action trading with no whatever fancy indicator. Just a naked chart and proper risk management will get you to succeed in trading. I am starting to share my trades here in public without cherry-picking my trades. I will post the before and after starting on the next post that I will trade. I will post the before once my trade is running so everything will be real-time since everything here is time-stamped. So, even my losing trades, I will make sure to post here because this is the purpose of my journal, so I can hold myself accountable and just make sure to only enter on my best trading setups only. If I took a loss, doesn't matter, that's part of the game that we are in. My edge on this is I only take trades with a minimum of 3R. So even if I only have a 50% win rate. If there's a total of 10 trades and I lose 5 trades, I will only be down -5R and still be up +15R (5 trades with 3R each) and that will be a total of +10R (+15R - -5R = +10R) still because I have a target of 3R.
That's it for now, and I hope you guys will benefit from this.
Just stay tuned because once I can achieve consistency here after a year or two, I will be glad to share my secret here so I can also help other beginner traders.
For now, I don't want to share how I do it because I want to prove here first that my trading strategy will work first so I will feel worthy enough to teach and possibly share my signal/trade explorer or even probably start a copy trading account for everyone to profit with me as well.
After a few years, I'm officially back here in FF to share my trading journey with everyone. I've been trading on my own for a while now without noise such as social media and without following other traders. Just kept practicing on my own and executing on my own.
Since I've been very quiet, I think this is very boring trading without interacting with others. So, I've been thinking if I can just start to give value to other traders, I think this will make my trading more exciting and beneficial.
I've been thinking if I will start a thread here on Trading Journals or on Trading Systems but I would want to give this a try first here. If I can stay consistently profitable on this journal by just posting my before and after trades for a year or two. Then that's the time I will share my approach so others can learn from it and benefit from my trading style.
I learned from another trader too before and I just kept practising and modifying the basics that I've learned until I was able to master my strategy.
So, without further ado, I am posting my 1st ever-public trade here on ForexFactory that I took yesterday (January 18, 2024) on US30.
Before:
After:
Actual Trade on my MT5 Terminal:
My Results as of Jan 19, 2024(based on Risk-Reward Ratio):
# of trade/s - 1
Win/s - 1
Loss/es - 0
Total - 3R
My trading strategy is very simple and easy to do. But all I can say for now is this is all price action trading with no whatever fancy indicator. Just a naked chart and proper risk management will get you to succeed in trading. I am starting to share my trades here in public without cherry-picking my trades. I will post the before and after starting on the next post that I will trade. I will post the before once my trade is running so everything will be real-time since everything here is time-stamped. So, even my losing trades, I will make sure to post here because this is the purpose of my journal, so I can hold myself accountable and just make sure to only enter on my best trading setups only. If I took a loss, doesn't matter, that's part of the game that we are in. My edge on this is I only take trades with a minimum of 3R. So even if I only have a 50% win rate. If there's a total of 10 trades and I lose 5 trades, I will only be down -5R and still be up +15R (5 trades with 3R each) and that will be a total of +10R (+15R - -5R = +10R) still because I have a target of 3R.
That's it for now, and I hope you guys will benefit from this.
Just stay tuned because once I can achieve consistency here after a year or two, I will be glad to share my secret here so I can also help other beginner traders.
For now, I don't want to share how I do it because I want to prove here first that my trading strategy will work first so I will feel worthy enough to teach and possibly share my signal/trade explorer or even probably start a copy trading account for everyone to profit with me as well.
P.S. I am not able to edit my subject anymore, so, as of Jan 31, 2024,
I've decided to get rid of GBPUSD, Nikkei and EURJPY.
Moving forward, I will just stick with trading and focusing on ONE PAIR which is Dow Jones or US30
We're not here to be right, we're here to Profit Consistently!