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Yet another 100 to 1000 (done) to 10000 (WIP) journal! (Scalping)

  • Post #1
  • Quote
  • First Post: Edited Jul 3, 2012 5:01am May 11, 2012 9:32am | Edited Jul 3, 2012 5:01am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
Update May '12

Today (05/11/2012) I have reached my first gol to turn 100€ into 1000€ now my new goal is to turn 1000€ into 10000€ I hope to accomplish this task in no more than 8months.

Change in my trading style:

1. I remove the word Heaving Scalping in favor to only Scalping because I muted something in my typical TP is not 1pips more but now is 7/8 pips depends on market condition end my purchasing price, this is because typically if I made a right decision the price always move more than 1pips in my favor, so I try to make less trade but more profitable and with a good starting price.

2. I don't use anymore Multichart because MB Trading add a fantastic DOM interface to MBT Desktop Pro platform.

3. To reward my progress every 3 months i will do a withdraw of some money from my trading account to my bank account (of course if I was profitable in previews 3 months!), So end of July i'll start with my first withdraw

4. I reduce my leverage, up to now my typical leverage was 1:20, I'll try to keep lower around 1:15


So let's start and see what will happen!

End of Update
Monthly Updates

Start balance: 112.27€
November 11: 1,247,000 units +59.71€ P/L 1245 trades Balance 171.98€ +53.18%
December 11: 1,030,000 units +44.61€ P/L 1030 trades Balance 216.59€ +25.94%
January 12: 1,438,000 units +74.42€ P/L 1437 trades Balance 291.01€ +34.36%
February 12: 2,048,000 units +39.77€ P/L 1135 trades Balance 330.78€ +13.67%
March 12: 1.120,000 units +244€ P/L 475 trades Balance 574.78€ +73.77%
April 12: 1.192,000 units +247.35€ P/L 503 trades Balance 822.13€ +43.03%

May 11 2012 new goal setted, start balance 1232.46€

May 12: 976,000 units +566.2€ P/L 447 trades Balance 1338.83€ +68.87%
June 12: 1.576,000 units +23.7€ P/L 409 trades Balance 1362.53€ +1.71%



My old 100 to 1000 thread:

http://www.forexfactory.com/showthread.php?t=326877
  • Post #2
  • Quote
  • May 18, 2012 5:22am May 18, 2012 5:22am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
End of week!

First week of my new challenge, was a good week!

My stat for this week:

This week (05-14 05-18) i have done 121 trades for 213000units and a profit of 125.98€ plus 3.81 € of commission credit, for a total of 129.79 €

My actual account size: 1367.43€ and i'm far 8632.57€ to victory!

See you next Friday and happy trading!
 
 
  • Post #3
  • Quote
  • May 25, 2012 4:04pm May 25, 2012 4:04pm
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
End of week!

Quite good weekend, today I try to long EURUSD without success of course!

My stat for this week:

This week (05-21 05-25) i have done 121 trades for 241000units and a profit of 138.82€ plus 3.47 € of commission credit, for a total of 142.29 €

My actual account size: 1508.78€ and i'm far 8491.22€ to victory!

See you next Friday and happy trading!
 
 
  • Post #4
  • Quote
  • May 25, 2012 5:28pm May 25, 2012 5:28pm
  •  myfxjournals
  • | Joined Dec 2010 | Status: Member | 152 Posts
The point to this trading journal is what? To brag?
 
 
  • Post #5
  • Quote
  • May 28, 2012 4:48am May 28, 2012 4:48am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
Quoting myfxjournals
Disliked
The point to this trading journal is what? To brag?
Ignored
Why you say that? The point is to keep a Journal to keep a record of my progress, it's just for a psychological motivation, I think that keep a public record would lead to stay more focus because no one want show a disaster to everyone. It's just for my self, to be more profitable.
 
 
  • Post #6
  • Quote
  • May 28, 2012 4:51am May 28, 2012 4:51am
  •  myfxjournals
  • | Joined Dec 2010 | Status: Member | 152 Posts
Didn't mean to be rude, but to me a journal that simply says how much you've grown your account vs actually posting charts with notation of what you did in the trade etc...would be more beneficial...

Quoting signorx
Disliked
Why you say that? The point is to keep a Journal to keep a record of my progress, it's just for a psychological motivation, I think that keep a public record would lead to stay more focus because no one want show a disaster to everyone. It's just for my self, to be more profitable.
Ignored
 
1
  • Post #7
  • Quote
  • Jun 3, 2012 6:34am Jun 3, 2012 6:34am
  •  Phalanx0904
  • | Joined Sep 2008 | Status: Contrarian | 16 Posts
Well to me this is very beneficial, it gives me confidence that scalping can work even though many say its purely gambling. So keep it up, signorx! I am following your posts eagerly!

Quoting myfxjournals
Disliked
Didn't mean to be rude, but to me a journal that simply says how much you've grown your account vs actually posting charts with notation of what you did in the trade etc...would be more beneficial...
Ignored
 
 
  • Post #8
  • Quote
  • Jun 3, 2012 6:53am Jun 3, 2012 6:53am
  •  pt49
  • Joined Apr 2006 | Status: Member | 1,341 Posts
Journal?

What journal?
In the days of old when sailors were bold, and seldom if ever contented.
 
 
  • Post #9
  • Quote
  • Jun 3, 2012 5:49pm Jun 3, 2012 5:49pm
  •  Exodus
  • Joined May 2012 | Status: checkout the weblink | 8,496 Posts
Well done so far, and best wishes that you achieve your goals.

Quoting signorx
Disliked
Why you say that? The point is to keep a Journal to keep a record of my progress, it's just for a psychological motivation, I think that keep a public record would lead to stay more focus because no one want show a disaster to everyone. It's just for my self, to be more profitable.
Ignored
I am on a similar journey to you, and I believe that your posting in this thread is encouragement to others and also your chance to be true to yourself.
Carbon-Dioxide: the gas of life!
 
 
  • Post #10
  • Quote
  • Jun 4, 2012 8:43am Jun 4, 2012 8:43am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
End of week!

Very bad week! DAMN!

My stat for this week:

This week (05-28 06-01) i have done 86 trades for 247000units and a profit of -290.82€ plus 3.76 € of commission credit, for a total of 287.06 €

My actual account size: 1221.7€ and i'm far 8778.30€ to victory!

See you next Friday and happy trading!
 
 
  • Post #11
  • Quote
  • Jun 8, 2012 8:07am Jun 8, 2012 8:07am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
End of week!

Outstanding week, I'm very happy

My stat for this week:

This week (06-04 06-08) i have done 197 trades for 768000units and a profit of 482.55€ plus 12.69 € of commission credit, for a total of 495.24 €

My actual account size: 1716.94€ and i'm far 8283.06€ to victory!

See you next Friday and happy trading!
 
 
  • Post #12
  • Quote
  • Jul 1, 2012 12:42pm Jul 1, 2012 12:42pm
  •  tafadzwa02
  • | Commercial Member | Joined Jan 2009 | 1,479 Posts | Online Now
No one believes someone who just says they have made so much without showing the evidence -- I am showing all my trades and progress

http://www.forexfactory.com/showthread.php?t=351907

I think you are fake to be honest..
 
1
  • Post #13
  • Quote
  • Jul 2, 2012 5:10am Jul 2, 2012 5:10am
  •  Exodus
  • Joined May 2012 | Status: checkout the weblink | 8,496 Posts
Quoting tafadzwa02
Disliked
No one believes someone who just says they have made so much without showing the evidence -- I am showing all my trades and progress

http://www.forexfactory.com/showthread.php?t=351907

I think you are fake to be honest..
Ignored
He has become strangely quiet. ....maybe his account is blown. ...or maybe you are correct in your assumption.

Nice performance on your trading BTW.
Carbon-Dioxide: the gas of life!
 
1
  • Post #14
  • Quote
  • Jul 3, 2012 5:01am Jul 3, 2012 5:01am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
Quoting Exodus
Disliked
He has become strangely quiet. ....maybe his account is blown. ...or maybe you are correct in your assumption.

Nice performance on your trading BTW.
Ignored
I'm not blow up just few time to trade this month and bad trade of course!
 
 
  • Post #15
  • Quote
  • Jul 3, 2012 5:04am Jul 3, 2012 5:04am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
End of 3 week!

Few and bad trade, have not time to trade because of job! Hope to see a better july!

My stat for this weeks:

This week (06-11 06-30) i have done 187 trades for 725000 units and a profit of -338,22€ plus 8,08 € of commission credit, for a total of -329.92 €

My actual account size: 1387.02€ and i'm far 8612.98€ to victory!

See you next Friday and happy trading!
 
 
  • Post #16
  • Quote
  • Jul 3, 2012 6:57am Jul 3, 2012 6:57am
  •  signorx
  • | Joined Jul 2009 | Status: Member | 99 Posts
Quoting tafadzwa02
Disliked
No one believes someone who just says they have made so much without showing the evidence -- I am showing all my trades and progress

http://www.forexfactory.com/showthread.php?t=351907

I think you are fake to be honest..
Ignored
Don't care, as I say i post only for myself. I would like to use Trade Explorer of FF but unfortunately FF only support crappy MT4 brokers.
 
 
  • Post #17
  • Quote
  • Last Post: Oct 3, 2021 8:05am Oct 3, 2021 8:05am
  •  Jackain
  • | Joined Sep 2021 | Status: Member | 8 Posts
Are you only using Price Action?
 
 
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