Attachments: My way to highway

My way to highway

#501
Jan 5, 2018 12:01pm Jan 5, 2018 12:01pm

Rmg
Joined Jan 2016 | Status: Trader | 2,972 Posts

Quoting profitfarmer

Disliked

it is one of those days... looks like let myself shaken out from EurCad position, but the news did surprise me once again with the move, and being little early meant that observing the -10% DD rule, i could not go as freely with the sizes as i wish i could. being Friday, on the rebound chose to get out of the position, bit premature, i am afraid, but seems like my head isnt fully in the game. mentioned earlier i was/am not too well today...misjudged just how much it is true. the lesson, however good a trade looks like, sometimes the right decision...

Ignored

Manage to recover some losses, maybe lucky today.
High geared NFP scalping.

Have a nice weekend !!!!

Attached File(s)

ff te.docx 194 KB | 437 downloads

on a postive roll...

#502
Jan 8, 2018 4:23am Jan 8, 2018 4:23am

aa4fx
Joined Sep 2017 | Status: Trader | 1,642 Posts

Quoting profitfarmer

Disliked

In fact, having no open position is a very important position in trading! Just wait until you have things likely lined up for a better probability.

Ignored

Friday, when you said you don't feel well I was almost convinced that you will not trade the CAD news.

News arrive, you are trading, my mind question was: why you're trading when you're sick? ... somehow I got an answer: a full time trader is not paid in the same way as an employee (not really a best answer but enough at that time).
Busy Friday for me, I saw little live action, first you at -1.5%, later -5/6% and said what??? ... later I saw only the eurcad price going up and thought of you being positively out ... later seeing the final picture. I am glad to see you with less loss if I can say it like that.

#503
Jan 8, 2018 5:07am Jan 8, 2018 5:07am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting aa4fx

Disliked

{quote} Friday, when you said you don't feel well I was almost convinced that you will not trade the CAD news. News arrive, you are trading, my mind question was: why you're trading when you're sick? ... somehow I got an answer: a full time trader is not paid in the same way as an employee (not really a best answer but enough at that time). Busy Friday for me, I saw little live action, first you at -1.5%, later -5/6% and said what??? ... later I saw only the eurcad price going up and thought of you being positively out ... later seeing the final...

Ignored

tricky to answer.
i was waking up from a nap, and thought i was feeling better.
then let myself caught up in EurCad, that was, and now even more so is the worst performing pair on my stat.
then found myself as time in trade went on wanting to throw up, part from not being well, and guess part from the trade not working?
seriously, i had the feeling that if i would hold on a little, i would see things fully recovered. but i could not hold myself to nag longer on the front of my screen.
if nothing serious i would trade from the tablet, but this was not the occasion.
so, took what seemed to be the right compromise, managed to stay within -10%, on the turn, stayed enough to recover most, and bailed out with a loss that i believe i can recover during the course of the month.
but time will tell.
being a full-time trader doesnt mean i dont make mistakes. i do. and i believe everyone else does too. if some claims not, i dont trust him/her!
luckily, it is not a mistake i cant correct, and by far not too severe that it should be too difficult.

next week i have few days off, meeting a friend visiting to Thailand. it should be good for me. then more vacation in February with another friend visiting....from March it should be trading only until the summer.

there is always, always another trade!!

#504
Jan 8, 2018 7:44pm Jan 8, 2018 7:44pm

Piquant
| Joined Jan 2015 | Status: Trader | 3,404 Posts

Quoting profitfarmer

Disliked

{quote} luckily, it is not a mistake i cant correct,

Ignored

that's why as I have come to understand keeping your risk under control is essential to consistency not HG.

hope you get well soon PF!
and I'm a little envious of you trading from Mar until summer only 3-4 months of work ?
that's the dream job !

...

#505
Jan 8, 2018 8:01pm Jan 8, 2018 8:01pm

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting Piquant

Disliked

{quote} that's why as I have come to understand keeping your risk under control is essential to consistency not HG. hope you get well soon PF! and I'm a little envious of you trading from Mar until summer only 3-4 months of work ? that's the dream job !

Ignored

lol, not, not 3-4 month...i meant to say from March till probably mid-summer, i will unlikely take another vacation break.
the trading break is traditionally this 2 weeks late December, and add to that the vacation i will take this next month with friends.
maybe i should post some photos from it, that should please Hilmy83

there is always, always another trade!!

#506
Jan 9, 2018 9:37am Jan 9, 2018 9:37am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

some updates:

this week starting lot better than how the last ended...
the 2 days seen +1.17% gains, still leaving me with -1.34% to recover.
nothing impossible, really.

also, got some update on FIXI Select ( prop trading), as some may be interested about it.
well, there was some personal changes there, and there was some mistakes about setting up my account.
i am glad to say that it has been acknowledged by FIXI that the problem was on their side, and they were willing to take care of their side of the deal.
nowadays nothing is certain, so, that is surely a good point for confidence.
since the acct started mid-September, that part month was ignored, so, the first full quarter ended with 31st Dec.
the profit there -adjusted for the low drawdown - isnt much, but it is a 250k account, so, it is not too bad. after all, it is a chance to grow from there, and as trade copier does most of the job, it is minimal extra effort on my side.
the profit were about +2.6% for the quarter ( that Dec dd cost me bit there with the higher cost of trading).
the performance fee is 25% of the profit.
for comparison: a 'prop firm' offering 75% profit share would need to fund me 80k to be on equal grounds.
of course some place one can enjoy higher DD, on the other hand here was no upfront fees to pay, at all.
for those who want to be funded, needs to build min. 6 month track record with them!
on the positive side, there is chance to next step to be considered for 500k...that could boost my bottom line a bit.

with few things still being ironed out on system#2, it is likely end the week on demo forward. today was a more challenging day there, ran up about -3% working drawdown ( runs up to 4 pairs same time), higher then before, but noting alarming really. the numbers still remain good, and i am just running it without fully fine tuning for lessen entries or lessen dd%.

happy trading!

there is always, always another trade!!

#507
Jan 10, 2018 4:47am Jan 10, 2018 4:47am

NoStopsXXL
| Joined Dec 2013 | Status: Trader | 122 Posts

Happy New Year PF, may the pips be with you

the FIXI idea is still written on my wall so I am glad you brought it up again.

I had it in mind to start using them if I wanted another account and then to just see what happens with the FIXI select scheme over time (can consider that as just a upsaide benefit but not the focus)

I saw that it is still 5 - 10k USD for opening an account in that scheme...... I suppose that it is required to show that it is a serious account.

I will think about it.

Good luck today.

#508
Jan 10, 2018 5:30am Jan 10, 2018 5:30am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting NoStopsXXL

Disliked

Happy New Year PF, may the pips be with you the FIXI idea is still written on my wall so I am glad you brought it up again. I had it in mind to start using them if I wanted another account and then to just see what happens with the FIXI select scheme over time (can consider that as just a upsaide benefit but not the focus) I saw that it is still 5 - 10k USD for opening an account in that scheme...... I suppose that it is required to show that it is a serious account. I will think about it. Good luck today.

Ignored

hi NoStopsXXL,

good thinking in about the approach, and the right assumption, the account size is an indication to both that a trader is serious, and a level of commitment to put 'skin in the game' thus not mindlessly gamble to make the quick gain, risking to blow the whole account...could call it anti demo contest mentality, lol.
there is one more added feature, that if one gets funded, that account serve as master account for the funds there.

happy trading!

PS. today indeed is going very nicely, half of the remaining drawdown got taken care, -0.6% left to deal with. the day isnt over yet, by far, but consider to take it easy, since already gained +0.7% today. i find it important to sometimes take a little step back, especially when the immediate target is so close...tend to push too hard that final step, that can work great, or backfire big, and i still give myself the next 2 days to likely come back to BE...then few days carefree vacation with waterfalls and caves and maybe some hot water spring too

there is always, always another trade!!

#509
Jan 11, 2018 12:57am Jan 11, 2018 12:57am

Piquant
| Joined Jan 2015 | Status: Trader | 3,404 Posts

Quoting profitfarmer

Disliked

got some update on FIXI Select ( prop trading), as some may be interested about it.

Ignored

so you'll need min 5K to open a live acc with fixi, how reliable are they ? (maybe a stupid question, but what are they really ? prop shop, middle man? broker ? I'm a little confused)

...

#510
Jan 11, 2018 1:15am Jan 11, 2018 1:15am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting Piquant

Disliked

{quote} so you'll need min 5K to open a live acc with fixi, how reliable are they ? (maybe a stupid question, but what are they really ? prop shop, middle man? broker ? I'm a little confused)

Ignored

it is an FCA regulated UK brokerage, that in the past focused mostly on institutional clients. guess technically one can open smaller account but not to be considered for funding, really. for that, they want to see you can handle normal size account, and have skin in the game, enough to keep a cool(er) head.
as for reliable, FCA has the favorable 50k gbp coverage for broker default, so, i think that always put them way above most others.

there is always, always another trade!!

#511
Jan 11, 2018 9:26am Jan 11, 2018 9:26am

J-f
| Joined Aug 2014 | Status: Trader | 108 Posts

The month is already back to positive, very well done once more :0)

Keep it up!!

Have a good day.
Cheers,
J-F

#512
Jan 11, 2018 9:41am Jan 11, 2018 9:41am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

something to update on today too

with tonight, the master account recovered from the -2.5% drawdown it ended last week, and currently up +0.2% for Jan/the year.
it is minimal in the moment, but from a drawdown, the most important is always that how and how long it is to reach a fresh HWM.

anyway, 2 losing days just 5 weeks apart, i hope now i will have a couple of week 'calm' to get ahead before something hits again.
today was a strong day with +0.78% on master, but the unscheduled Euro news caught me bit worse than i like it. sort of a reminder to watch the exposure, cos never can be sure there isnt a something lurking to be released!
what is important that before the news release involving USD was out, i safely scaled back on the trade/s, and eventually about 10 min to the news closed all. even though i was just about BE, it isnt worth to trade/change some 'edge' for a 50/50 high impact news release.
always better be out, and opening again a trade.

for visual, here is the not too great action of EurAud from today:

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10 entries in total, 6 win, 4 lose, but overall very tiny gain, on such position i consider this as BE.
marked the high impact USD news. while it is not directly related, EU and EA was moving very closely together most part, and for that i wanted light or no position.
as it turned out i could get out a few pips later. also i could be married to the position more than a few pips into drawdown here.
rarely any decision will be spot on by the pips.

today also likely before the last day of demo forward for system#2.
limited some its running, if favor to test close all, etc functions.
the curve looks good, the numbers look good, and there is plenty room i have to optimize a little, or filter a little. this is just simple, plain demo test data, with about zero adjusting toward optimal.

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i am happy with what i am seeing. actually it beats my expectations. but happy to hear some feedbacks/thoughts.
unfortunate i cant go much into details about the trading itself, but it is a semi or full auto use of the position trading i was doing in the spring (along scalping) and likely it will be able to generate similar results to scalping, ranging between 0.2-1% a common day.

tomorrow will be a thick day, my brother's birthday (40); my son's school holiday for Children's day ( not sure why now, but this is Thailand! LOL); my father will be released to leave the hospital he was in the past week; some phone call for setting up times for a possible interview; and likely later my friends arrive to Bangkok too ( though will only meet with them on the 16th, after they done sightseeing there. i had seen the main attractions more than i care, and in February with the other friends i wont be able to escape it, least this time no Emerald Buddha Temple, or longtail boat ride on the Chao Phraya river...)

despite all the odds, i hope i can catch 2-3 good little scalp entries to extend a bit the gains too...

happy trading!

there is always, always another trade!!

#513
Jan 11, 2018 12:19pm Jan 11, 2018 12:19pm

aa4fx
Joined Sep 2017 | Status: Trader | 1,642 Posts

Best wishes to your family and of course to you!

Nice recovery, nice trading, nice #2, plenty of nice things in here!
Something rise my curiosity more and on a second reading I am no longer sure about my guess. Interview? ... looking for a job? or what I initially thought, interview for the AXI CFD you mentioned few weeks ago?

#514
Jan 11, 2018 12:41pm Jan 11, 2018 12:41pm

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting aa4fx

Disliked

Best wishes to your family and of course to you! Nice recovery, nice trading, nice #2, plenty of nice things in here! Something rise my curiosity more and on a second reading I am no longer sure about my guess. Interview? ... looking for a job? or what I initially thought, interview for the AXI CFD you mentioned few weeks ago?

Ignored

i will need to find out the exact things as well, but tomorrow the phone call should clarify some.
but no, i am not looking for a job. hopefully i dont need one. prefer my independence.
but if some funds ever come around with the right offer, and something exciting...never say never!

there is always, always another trade!!

#515
Jan 11, 2018 1:52pm Jan 11, 2018 1:52pm

alphadude
Joined Jul 2011 | Status: Trader | 1,035 Posts

Quoting profitfarmer

Disliked

{quote} i will need to find out the exact things as well, but tomorrow the phone call should clarify some. but no, i am not looking for a job. hopefully i dont need one. prefer my independence. but if some funds ever come around with the right offer, and something exciting...never say never!

Ignored

PF is successful now; he does not need a job

#516
Jan 11, 2018 9:15pm Jan 11, 2018 9:15pm

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

Quoting alphadude

Disliked

{quote} PF is successful now; he does not need a job

Ignored

a job is trading freedom for something.
for the right kind of of incentive i may want to give up some freedom.
but it would have to be a good trade to take for me.

there is always, always another trade!!

#517
Jan 12, 2018 9:33am Jan 12, 2018 9:33am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

i think the trading week ends here....

was an exciting one, every week when some recovery is involved has that flavor of added extra challenge to conquer, and feels a bit more interesting than any 'just a week'
good thing the drawdown wasnt too deep, -2.5% from the last weekend for the month.
and even better that this week went very well, and not only recovered all that, but even ending the week ahead for the month.
today the master gained +0.69%
the week is up +3.46%. what i am very happy about that it was very similar gains almost evenly every day this week, it is really rare. not that it is 5 consecutive winning day, that is rather common, luckily, but usually the days have bigger differences.
so, just before a few days break for a small vacation, things are back to new high.

the negative thing: today one trade from master mysteriously not copied to half of my accounts, that also involved my larger own account as well, along various other ones. strangely bunch of accounts get that trade. to make it sour, it was one of the higher profit trade...as luck is, i could not have one losing trade missing.
so, the ups and downs of trading!

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as it turn out it was the second biggest profit trade today, by itself worth 0.2%

and it job was to offset some of the losing one from the same cluster.
the chart is M1 for better visuals. also does not include all trades today, took few positions earlier as well on GA, which turned out to be the pair of choice today for me.
mind that the high impact news was 15 min earlier, then i took this cluster of entries on a 5 min candle that ultimately ended as a 95 pips size...top of the earlier 200 pips move. i was quickly out, too quickly. in retrospect. in reality, i got what i wanted, and best to be waiting for the chances fully in cash, then praying in a big drawdown. as i said, that missed trade is bad luck.
the reason i mention all, because some unexpected and hard to explain things can and do happen, and as a trader with multiple accounts involved sooner or later anyone will encounter issues. better to mentally be ready for it.

next week maybe turn this page a travel blog, in the meantime...
happy weekend!

there is always, always another trade!!

#518
Jan 19, 2018 12:15am Jan 19, 2018 12:15am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

back home.
later today/tonight will post some photos perhaps, good to add some color...also catch up on reading, and some mails.
apart from the fun time with friends i even earnt a new 'ignore' on the forum, LOL, so, it was a successful mini vacation.
did check once in the while the prices, were even tempted to take some trades, but decided against. the past 2-3 days had some decent moves on the news, but today looking to be a flat one, also Friday, may just skip this one as is.
unfortunate, a VPS disruption ( they do exist!!) caused the final full auto EA stress test to go out of the window at restart, as it reverted back to the default settings...not what i was looking for.
but derived from the 3 days the history shows that the numbers are OK, max DD could stay within 20%, and profits would be a very healthy amount too...while this numbers are larger than i usually like, this was a full-auto 8 pair test on 10k equity, vs. the likely more conservative setup and about 3 pairs on 10k equity...so, all is within the parameters, and i think next week it is ready to the final stage to go on live account, as the planned timeline, for the final final move before become part of the portfolio. it will likely stay semi(supervised) auto, and will adjust to a slightly more conservative setup, because the ultimate aim i would like to have from it is a 3-6% monthly return with a max 5% dd.

and because i am refreshed from the vacation, here is an offer.
i would once again offer private mentoring, one on one, like at xmas. same deal, FREE of charge, the only request is a genuinely open mind, so we wont waste each others time. this offer is dependent that i end January in a profit, but i feel optimistic about it. ( i am up currently).
and it is only open for one person. there was some summery feedback (ReverseFlash and aa4fx) around xmas what to expect, if someone cared could read. my available time will be end of month to first week of February this time, and likely takes 4 sessions, preferable consecutive. yep, those with commitment issues probably need to reconsider this point.
if one feels it fits their needs, drop me a pm before the week ends. will figure how to pick one, if there is more than one pm, probably about how i feel we could work together.

there is always, always another trade!!

#519
Edited 12:40am Jan 19, 2018 12:27am | Edited 12:40am

profitfarmer
| Commercial User | Joined Aug 2014 | 3,922 Posts

OK, some photos, for those who like nature.
This is Erawan Waterfall, Kanchanaburi Province, Thailand, approx 150km from Bangkok ( and about 550km from where i live).
In my opinion the nicest waterfall in Thailand.
It has 7 levels, approx a 2km tracking uphill...nice, but not easy walk on stones, roots, but i always feel it worth the trouble....and my friends loved it too, so i was happy to take them there!

it starts at the bottom...level 0?

Attached Image (click to enlarge)