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The Project

  • #1
  • First Post: Aug 1, 2016 10:51am Aug 1, 2016 10:51am
Starting with $2000 (approx)

Trade Explorer will be uploaded as soon as it starts behaving. This will be a Journal for when I remember to post and share my experience.
So far in Forex I have blown one account and consistently lost on another. This is purely due to lack of patience and maturity, today it changes.

I will be risking 1-3%, Using orders rather than impatiently entering to just have a position & will use my brain rather than my emotion.

Here goes.

TARGET - £1800 EQUITY BY OCTOBER
Success is going from failure to failure without loss of enthusiasm.
  • #2
  • Aug 1, 2016 12:24pm Aug 1, 2016 12:24pm
Trading discipline is key to long-term success. Good luck.

KP
Do your homework, follow the footprints of smart money
  • #3
  • Aug 7, 2016 7:44pm Aug 7, 2016 7:44pm
Quoting KeenPips
Trading discipline is key to long-term success. Good luck. KP
Thank you.
In minor profitable territory already!
Success is going from failure to failure without loss of enthusiasm.
  • #4
  • Edited Aug 21, 2016 12:14pm Aug 20, 2016 7:34pm | Edited Aug 21, 2016 12:14pm
I wish you green & happy pips, penci.
FXcube
  • #5
  • Aug 21, 2016 10:39am Aug 21, 2016 10:39am
Quoting penci
Starting with $2000 (approx) Trade Explorer will be uploaded as soon as it starts behaving. This will be a Journal for when I remember to post and share my experience. So far in Forex I have blown one account and consistently lost on another. This is purely due to lack of patience and maturity, today it changes. I will be risking 1-3%, Using orders rather than impatiently entering to just have a position & will use my brain rather than my emotion. Here goes. TARGET - 1800 EQUITY BY OCTOBER
Hi!

Good luck in your trading.
What's your Strategy/Method, if you have any?
Best Regards!
  • #6
  • Aug 21, 2016 2:03pm Aug 21, 2016 2:03pm
Quoting Forexcube
I wish you green & happy pips, penci. FXcube
Thank you! Finally managed to get my trade explorer added to my thread after massive difficulty.

On a totally different note Forexcube, you are one of if not my favourite traders on FF and I have subscribed to your thread and enjoy every post you make, I just wish I could pay to follow your signals, as I know I could learn so much off you!
Success is going from failure to failure without loss of enthusiasm.
  • #7
  • Aug 21, 2016 2:09pm Aug 21, 2016 2:09pm
Quoting Hatzerim
{quote} Hi! Good luck in your trading. What's your Strategy/Method, if you have any?

I have paid a small fortune to have a professional trader help me, no its not a scam I know him and I know he is very very good at what he does. I will be trading in an unorthodox fashion- low/medium risk (up to 5% MAXIMUM of equity) and large stop losses with only small TP of around 50 pips. Each trade will be of minimum lot size and then once I'm totally confident in a trade I will stack lots up until I risk approx 2.5% which will me my maximum for one pair. Im bad at keeping trades for long periods of time you see which is something I must work on with time. Thus also my trading strategy will be much more fast paced and lots of trades each week rather than holding very few.

My style will be low risk but risk will be stacked depending on how confident I am in a trade. Both trend line/ raw graph technical analysis must coincide with indicator analysis for an entry and fundamental analysis must favour the same direction as my technical analysis or else the trade will not go through. All in all, I am fine picking the best apple of the orchard no matter how long it takes. But when the apple comes along I must make sure to take advantage of all profit it brings.

Good Luck yourself too
Success is going from failure to failure without loss of enthusiasm.
  • #8
  • Aug 21, 2016 4:06pm Aug 21, 2016 4:06pm
Quoting penci
{quote} I have paid a small fortune to have a professional trader help me, no its not a scam I know him and I know he is very very good at what he does. I will be trading in an unorthodox fashion- low/medium risk (up to 5% MAXIMUM of equity) and large stop losses with only small TP of around 50 pips. Each trade will be of minimum lot size and then once I'm totally confident in a trade I will stack lots up until I risk approx 2.5% which will me my maximum for one pair. Im bad at keeping trades for long periods of time you see which is something I...
Heya!

Thanks for your complete answer.
Very interesting...nice to know that you asked for some mentoring and one of quality.
Again, I wish you all the best!
Best Regards!
  • #9
  • Edited 2:29pm Aug 22, 2016 9:07am | Edited 2:29pm
Quoting penci
{quote} Thank you! Finally managed to get my trade explorer added to my thread after massive difficulty. On a totally different note Forexcube, you are one of if not my favourite traders on FF and I have subscribed to your thread and enjoy every post you make, I just wish I could pay to follow your signals, as I know I could learn so much off you!
#6

Thank your for these blandishments!
Best wishes from Switzerland!
I wish you green pips!
FXcube
  • #10
  • Last Post: Nov 11, 2016 8:43am Nov 11, 2016 8:43am
Couple of changes. My account size begun at 1000£ and will remain at that, for every 500£ made in profit I will withdraw 250£. So far i made a profit and withdrawn approx 300£, I was very lucky with the result of the US election (not that I would chose that result) and thus made a killing. After speaking with Oanda I have been given a 'special' account and I am now able to link the trade explorer to this thread.

I will try to be more active.

I recently also received a status of 'Low Impact Member' Which Im very proud and happy to have.

Ω
Success is going from failure to failure without loss of enthusiasm.
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