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NagaMas' Trading Journal

  • #1
  • First Post: Edited 6:09am Jul 15, 2017 5:58am | Edited 6:09am
I challenge myself with following trading journey. A plan to grow 500 USD to 100.000 USD in 75 Weeks

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I prefer daytrading style because I love staring at the screen. But I need to train my self to obey the plan.
Every week I will trade for 5 times to fulfill the week target. Below is how one week target traded several times until the target is achieved.
Attached Image
  • #2
  • Jul 15, 2017 6:13am Jul 15, 2017 6:13am
Save for future use. Could be for trading strategy description.
  • #3
  • Edited 6:28am Jul 15, 2017 6:13am | Edited 6:28am
for public monitoring, I will use a demo account funded with 500USD.
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lucky account number, hopefully a luck as well for me.

But I have another real account to trade in tandem.
  • #4
  • Jul 15, 2017 6:47am Jul 15, 2017 6:47am
attached is the spreadsheet.

Attached File(s)
File Type: xlsx 500USD to 100000USD.xlsx   33 KB | 186 downloads
  • #5
  • Jul 15, 2017 6:53am Jul 15, 2017 6:53am
Quoting NagaMas
I challenge myself with following trading journey. A plan to grow 500 USD to 100.000 USD in 75 Weeks

But I need to train my self to obey the plan. Every week I will trade for 5 times to fulfill the week target.
So what is the trading plan? What is your win/loss ratio? How many trades will you take each week?
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #6
  • Jul 15, 2017 7:05am Jul 15, 2017 7:05am
Quoting Xeniz
{quote} So what is the trading plan? What is your win/loss ratio? How many trades will you take each week?
the header of the table/spreadsheet might help in explain part of the question.
risk-reward ratio is 1:1.5, SL 30 pips and Target 45 pips. I'll take 5 times each week, even more if the weekly target haven't reached yet.

I will post the detailed trading plan later.

any suggestion will highly appreciated.
  • #7
  • Jul 15, 2017 7:21am Jul 15, 2017 7:21am
Quoting NagaMas
{quote} any suggestion will highly appreciated.
I suggest you reassess your goals so that they are realistic, or you will not enjoy trading at all.

What happens if your first 5 trades of the week hit the SL of 30pips? That's 150 pips you are down. Then what?
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #8
  • Jul 15, 2017 7:22am Jul 15, 2017 7:22am
Hi NagaMas.

You need about 1,5 % daily to reach your goal in about 75 weeks.
Good luck on your journey ... and dont give up
Attached Image
The funniest, is that nobody takes me seriously.
  • #9
  • Jul 15, 2017 7:33am Jul 15, 2017 7:33am
Quoting Xeniz
{quote} I suggest you reassess your goals so that they are realistic, or you will not enjoy trading at all. What happens if your first 5 trades of the week hit the SL of 30pips? That's 150 pips you are down. Then what?
Whatever, I will only take the trade if it matches the trade criteria.
Putting the SL behind SR area whereas some indicators confluenced, that hopefully form a strong fort to defend the SL.
I have backtested the strategy and it is quite promising. But one thing that always ruins me is excessive lotsize use and overtrading.
  • #10
  • Jul 15, 2017 7:37am Jul 15, 2017 7:37am
Quoting NagaMas
{quote} I have backtested the strategy and it is quite promising. But one thing that always ruins me is excessive lotsize use and overtrading.
In that case I wish all the best.

Happy trading,

X.
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #11
  • Jul 15, 2017 7:45am Jul 15, 2017 7:45am
Quoting FairTrader
Hi NagaMas. You need about 1,5 % daily to reach your goal in about 75 weeks. Good luck on your journey ... and dont give up {image}
hello FairTrader.

Thank you for the idea.
I compare my table against yours. Close to it. What might be a little bit different is because I renew by weekly. I take 5% weekly target and trade it daily (or maybe at any good signal) to achieve the weekly goal.

Edit: 5% Risk and 8% Reward for each week.

Good luck to you too and I'll take your last phrase forever
  • #12
  • Jul 15, 2017 7:47am Jul 15, 2017 7:47am
Quoting Xeniz
{quote} In that case I wish all the best. Happy trading, X.
thank you Xeniz, wish you the best for ur efforts too.
  • #13
  • Jul 18, 2017 2:04am Jul 18, 2017 2:04am
The target for 17 and 18 July is achieved. However, I'm afraid that whole plan fall to scalping type of trading. The nature of myself is impatience in waiting for daytrading oro intraday.
If so, it needs to re-scale the lotsize and everything else of the trading strategy. I should review the the trading system.
  • #14
  • Last Post: Jul 23, 2017 3:01am Jul 23, 2017 3:01am
wah compounding ya..saya suka,ayo jurnalnya di lanjut mas naga...
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