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Journal for my amazing system

  • #21
  • Feb 27, 2008 3:29pm Feb 27, 2008 3:29pm
Thanks for the nice words. I have now earned 6 more pips so total for now is -7 pips and I have earned more than 20 % since I started with this system which I did monday last week.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #22
  • Feb 28, 2008 9:52am Feb 28, 2008 9:52am
gambler. it looks like you're being honest with us. keep it up.
  • #23
  • Feb 28, 2008 10:02am Feb 28, 2008 10:02am
Quoting RickyRudy
gambler. it looks like you're being honest with us. keep it up.
I'm allways honest
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #24
  • Feb 28, 2008 2:27pm Feb 28, 2008 2:27pm
Today I have done something very stupid. I have made a trade and forgot all about it and now I have an unrealised loss of 25 pips.

http://img162.imageshack.us/img162/4...vngivetya0.jpg
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #25
  • Feb 28, 2008 3:53pm Feb 28, 2008 3:53pm
Is it still open? Where's your stoploss?
The market reveals who we really are...
  • #26
  • Feb 28, 2008 4:09pm Feb 28, 2008 4:09pm
Quoting shadowninja
Is it still open? Where's your stoploss?
I don't use stop loss because I'm usually watching the charts from I open a trade until I close it.

It looks like I got lucky this time.

http://img180.imageshack.us/img180/271/forexcw5.jpg
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #27
  • Feb 28, 2008 4:38pm Feb 28, 2008 4:38pm
Yes, but what if it shot the other way by 100 pips?

I've seen it jump dozens of pips at a time. By the time your system reacts and gets the order through, you could be crying.
The market reveals who we really are...
  • #28
  • Feb 28, 2008 4:45pm Feb 28, 2008 4:45pm
That's why I usually don't trade at news times.

I got lucky this time. I closed the trade manually for 2 pips and I also earened 3 pips on a trade I made earlier today.

Total
-2 pips since I started this journal
+25 % of account balance since monday last week.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #29
  • Feb 28, 2008 4:59pm Feb 28, 2008 4:59pm
That's a relief, then! Thing is, it did shoot up a couple of hours after news. Thing about the markets: anything can happen.
The market reveals who we really are...
  • #30
  • Feb 29, 2008 6:18am Feb 29, 2008 6:18am
Quoting Gambler180
I'm not using what I will define as candlestick patterns. I have just noteced a thing that happen again and again and I try to take advantege of it.
You mean up and down movements?
  • #31
  • Feb 29, 2008 10:08am Feb 29, 2008 10:08am
Quoting Goozman
You mean up and down movements?
I don't know what you mean.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #32
  • Feb 29, 2008 10:12am Feb 29, 2008 10:12am
Today I have earned 4 pips so I am in profit for the week. I have earned more than 28 % since I started with this system about 2 weeks ago.

Total since I started the journal +2 pips.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #33
  • Feb 29, 2008 10:37am Feb 29, 2008 10:37am
Quoting Gambler180
I don't use stop loss because I'm usually watching the charts from I open a trade until I close it.
Good luck mate. My dislike of stops is well documented in my journals. I'll follow yours with interest.
Do not focus on making money; focus on protecting what you have.
  • #34
  • Feb 29, 2008 3:06pm Feb 29, 2008 3:06pm
I have earned 2 more pips. I'm now up about 30% in just 2 weeks.

Total +4 pips.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #35
  • Mar 4, 2008 11:19am Mar 4, 2008 11:19am
Today I have earned 5 pips. I have earned 34 percent in 12 trading days with my system.

Total +9 pips
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #36
  • Mar 6, 2008 1:21pm Mar 6, 2008 1:21pm
Today I have earned 2 pips so total for now is +11 pips and a 35.76 % increase in account balance.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #37
  • Mar 7, 2008 4:24pm Mar 7, 2008 4:24pm
Gambler, you seem to be doing well. The only problem is since your trades are so quick we cannot follow them to see the results ourselves. Moreover, you haven't shared your method with us. In any case, I hope you continue to have success. Please continue to post your results.
  • #38
  • Mar 10, 2008 10:38am Mar 10, 2008 10:38am
Today I have earned 3 pips. As you can see the pair dropped very quickly after I placed the trade. I wasn't watching the screen for about 5-10 minutes and suddenly I had a floating loss of about 40 pips. That's not fun when I'm trading with about 60 % of my account balance. I thought it would go up again because the drop happened very quickly, and it did

http://img443.imageshack.us/img443/3...vngivetrn9.jpg

Total +14 pips and +38,16 %
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #39
  • Mar 10, 2008 11:35am Mar 10, 2008 11:35am
Quoting Gambler180
Sorry. I'm not going to reveal my system rules before I'm 100 % sure that it's profitable in the long run. I have seen too many garbage systems and I don't want people to waste their time on this one if it turns out to be unprofitable. But I can say that the only kind of indicators this system needs is candlesticks. I'm not using moving averages, trendlines, fibonacci and that kind of stuff.
Amen to that Gambler!

Started a journal myself with exactly this in mind "I don't want people to waste their time on this one if it turns out to be unprofitable". What better way to prove your system's profitability than posting your trades for all to see?!
Good luck and I wish you many,many pips.
DS
  • #40
  • Mar 10, 2008 12:35pm Mar 10, 2008 12:35pm
Gambler,

Just a silly little question....

Those gains of 1-2-3 pips.....

Are they after you take the spread into account?.....I sure hope so!
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