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Tags: 20pips a day and I will eventually give my day-job away
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20pips a day and I will eventually give my day-job away

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  • Post #1
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  • First Post: Edited Nov 28, 2011 12:39pm Oct 28, 2011 5:19pm | Edited Nov 28, 2011 12:39pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
I think it is time for me to start my own journal just so I can sharpen my trading skills! I really want to do this fulltime! No mather how long I have to try and learn the forexmovements, I know i can be good at this!

So, who am I?
I´m 29 years old, living in sweden, working in the industry business.
I train/compete in Fitness and mountainbiking.
------------------
So how do I trade?
I trade with the trend on 15min timeframe.
Indicators:
EMA 10
EMA 33
MA 66
Stochastic 8,3,3
MACD 5,19,1
Support and resistance.

I set a fixed SL and TP to 20pips (and hope for the best)
-------------------
Moneymanagement:
I have my own way to compound my winnings.
Everytime I get +20pip I will increase my lotsize.
Example
I Start with 100 euro.
Lotsize 0.01 - +20pip (Now I increase på lotsize)
Lotsize 0.02 - -20pip (No increase)
Lotsize 0.02 - +20pip (No increase)
Lotsize 0.02 - +20pip (Now I increase lotsize again)
And I will continue like this until I get to a decent lotsize =)
-------------------

Right now I have made a deposit of 100eur
My lotsize is 0.01.
And I am down -80pip, so I have a long way back (at least 5 positive trades before I get to the level 0.02), but I can do it!
Usually i check my charts at NY opening.

I´ll be back on monday checking my chart!
-------------------------------------
Edit:
23/11 - 2011: I have now added AudUsd to my trading. Starting @ 0.01 with the same targets as EusUsd!
-------------------------------------
EurUsd:
Current level 0.15
Level 0.14 Finished
Level 0.13 Finished
Level 0.12 Finished
Level 0.11 Finished
Level 0.10 Finished
Level 0.09 Finished
Level 0.08 Finished
Level 0.07 Finished
Level 0.06 Finished
Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished
Level 0.01 Finished

AudUsd
Current level 0.04
Level 0.03 Finished
Level 0.02 Finished
Level 0.01 Finished

-------------------------------------
  • Post #2
  • Quote
  • Oct 30, 2011 10:34pm Oct 30, 2011 10:34pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
My trading day has not started yet.
But I have already taken my first 20pip profit for monday =)

Sold @ 1.4159
TP @ 1.4139
+20pip

Total at level 0.01 (-60pip)
 
 
  • Post #3
  • Quote
  • Oct 31, 2011 11:32am Oct 31, 2011 11:32am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Todays second trade:

Sold @ 1.4003
TP @ 1.3983
+20pip
Total at level 0.01 (-40pip)
 
 
  • Post #4
  • Quote
  • Nov 1, 2011 1:49am Nov 1, 2011 1:49am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Did some trading on my iphone while I was working, during Asian session.
I did really good!

Made a profit of 35pips =)
Total at level 0.01 (-5pip)
 
 
  • Post #5
  • Quote
  • Nov 2, 2011 8:11pm Nov 2, 2011 8:11pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
I hate my self for not following my rules!
But this time it workt out. I was down at most -195pip!
Kept beliving that the market will turn down again, so i did take more sell positions the higher it went!..
It turned out great this time! But I still hate my selt for doing it!


Level 0.02 (+/-0 pips)
Level 0.01 Done
 
 
  • Post #6
  • Quote
  • Nov 3, 2011 9:57am Nov 3, 2011 9:57am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Have taken three trades since last post.
First out @ BE +5
Second out @ -20
Third out @ +35
So this have been a great day and level 0.02 is finished! =)

Level 0.03 (+/- 0)
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #7
  • Quote
  • Nov 4, 2011 12:09am Nov 4, 2011 12:09am
  •  kirk26
  • | Joined Oct 2010 | Status: Member | 21 Posts
Gday mate, I'm enjoying your little challenge here. Keep up the good work! You've done very well to get back to where you are now after your shakey start!

Happy pippin,

Kirk26.
 
 
  • Post #8
  • Quote
  • Nov 8, 2011 6:33pm Nov 8, 2011 6:33pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Back again.
Not had much time for these things couple of last days because I´m workingout really hard right now. Need to loose som more fat before the competition.

But I have managed to to a little trading
It goes up and down. mostly down, but it will recover =)

Level 0.03 (-25pip)
Level 0.02 Finished
Level 0.01 Finished
 
 
  • Post #9
  • Quote
  • Nov 9, 2011 10:08am Nov 9, 2011 10:08am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Levelup!
I missed the big move today, but managed to take 45pips, and by that I completed level 0.03 =)

Level 0.04 (+/-0 pip)
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #10
  • Quote
  • Nov 9, 2011 10:42am Nov 9, 2011 10:42am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Nice!!!
2 levels in ONE day!!!
I´m going to be a millionare in this lifetime! woohoo

Level 0.05 (+/-0 pips)
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #11
  • Quote
  • Nov 9, 2011 6:33pm Nov 9, 2011 6:33pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Have been a nice tradingdag. Today everybody must have made many happy pips trading the EurUsd, right? Sell sell sell, best day this far!
Now I only need an entry that will give med 2 more green pips and I levelup again!
My account is now up 22% since I started, Nice!!

Level 0.05 (+18 pips)
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #12
  • Quote
  • Nov 10, 2011 11:05am Nov 10, 2011 11:05am
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Another level completed!
Just had 2pips left on level 0.05 so I just made an countertrend scalp =)


Level 0.06 (+/- 0 pips)
Level 0.05 Finished

Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #13
  • Quote
  • Nov 10, 2011 2:37pm Nov 10, 2011 2:37pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Works like a charm!!
2 levels i one day is fantastic!
To bad i can not describe how I trade. I just look at the charts and when I think it will go my way.. I just.. trade =)

Level 0.07 (+/-0 pips)
Level 0.06 Finished
Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #14
  • Quote
  • Nov 10, 2011 3:13pm Nov 10, 2011 3:13pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Made one safe scalp(long) with 10pip profit!!
Account is now up 40% =)

Level 0.07 (+10 pips)
Level 0.06 Finished
Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #15
  • Quote
  • Nov 10, 2011 5:02pm Nov 10, 2011 5:02pm
  •  JeremyMoore
  • | Commercial Member | Joined Aug 2009 | 247 Posts
Keep up the good work. Prove all the naysayers wrong...
"More important than the quest for certainty is the quest for clarity"
 
 
  • Post #16
  • Quote
  • Nov 10, 2011 7:19pm Nov 10, 2011 7:19pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Quoting JeremyMoore
Disliked
Keep up the good work. Prove all the naysayers wrong...
Ignored
I´ll do my best
I really want to make it in the forextradingworld.!! =)
 
 
  • Post #17
  • Quote
  • Nov 10, 2011 7:22pm Nov 10, 2011 7:22pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Made one more scalp, closed it early because I dont really know the main direction now.. The prise needs to breakout and find a new support/resistance!^
Only 3pips left on level 0.07!!

Level 0.07 (+17 pips)
Level 0.06 Finished
Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #18
  • Quote
  • Nov 14, 2011 11:36pm Nov 14, 2011 11:36pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Haven´t trae all day yesterdag, so I missed the big fall, damn!
Byt my system doesn´t catch those big movements anyway
Level 0.07 i cleared so I move up ONE step to lotsize 0.08

Level 0.08 (+/-0 pips)
Level 0.07 Finished
Level 0.06 Finished

Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #19
  • Quote
  • Nov 15, 2011 5:55pm Nov 15, 2011 5:55pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Have made 3 trades today.
The first 2 had med stopped out at a total of -40pips. The last one was the one with profit so I´m now standing at -20pip at level 0.08.
Right now at these levels the risk i high and the the Moneymanagement is even worse. Every 20pip is a risk of ~8% of account. But hey after level 0.13 it´s only getting better!!
Try and trade safe people!!
Green pips to you all!

Level 0.08 (-20 pips)
Level 0.07 Finished
Level 0.06 Finished

Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
  • Post #20
  • Quote
  • Nov 15, 2011 6:37pm Nov 15, 2011 6:37pm
  •  anderssv82
  • | Joined Jun 2011 | Status: mission possible | 56 Posts
Tadaaaaa. And I got +20pips
Sold @1,3544
TP @ 1,3524
So Now I´m breakeaven at level 0,08 again! Now I jhust need 20 more pips to level up =)

Level 0.08 (+/-0 pips)
Level 0.07 Finished
Level 0.06 Finished

Level 0.05 Finished
Level 0.04 Finished
Level 0.03 Finished
Level 0.02 Finished

Level 0.01 Finished
 
 
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