Hi all,
I will begin posting up trades this coming Monday, assuming I get a signal. I'm doing this for my own motivation purposes. I am trading from a proprietary black box system that is under development, so I will not go into many details about why I'm taking the trades I am but may outline some of my general strategies.
I also do not gaurantee or make any accuracy claims, although so far I'm getting above average results. I am currently trading in demo but will be moving over to live real money trades as soon as I get some of the system bugs worked out. In my opinion, when trading a mechanical system like this the whole demo vs. live transition does not amount to anything because all emotions are taken out of the equation.
I only trade EURUSD. The daily goal will be anywhere from 15 to 60 pips. Stops will be set usually at -60 pips. I may, from time to time use a hedging strategy that takes the place of using a stop. I will provide more detail on this later if I use it.
A lot of these journals are met with accusations of having an alterior motive, but I assure you that I am not selling anything. I want to make my money trading. Talk to you on Monday.
Smoke
I will begin posting up trades this coming Monday, assuming I get a signal. I'm doing this for my own motivation purposes. I am trading from a proprietary black box system that is under development, so I will not go into many details about why I'm taking the trades I am but may outline some of my general strategies.
I also do not gaurantee or make any accuracy claims, although so far I'm getting above average results. I am currently trading in demo but will be moving over to live real money trades as soon as I get some of the system bugs worked out. In my opinion, when trading a mechanical system like this the whole demo vs. live transition does not amount to anything because all emotions are taken out of the equation.
I only trade EURUSD. The daily goal will be anywhere from 15 to 60 pips. Stops will be set usually at -60 pips. I may, from time to time use a hedging strategy that takes the place of using a stop. I will provide more detail on this later if I use it.
A lot of these journals are met with accusations of having an alterior motive, but I assure you that I am not selling anything. I want to make my money trading. Talk to you on Monday.
Smoke