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Progress

  • #1
  • First Post: Jan 8, 2018 3:17am Jan 8, 2018 3:17am
This journal is not a way of showing skills nor do I provide any trading advice/signals. I am not providing my method or certain details of my trades. This is a personal endeavour, I am creating this journal in public as way to ensure consistent progression in my life. I believe the public eye provides that pressure and motivation to not fxck up. I believe this will help me stick to my trading plan and help me achieve my goals and dreams.

So what I am saying is ask something if you want to ask.

Post if you want to post.

But remember I do not have to disclose anything if I dont want to and you dont have to post if you have something negative to say.

Wish me luck everyone.
Why are you trading?
  • #2
  • Jan 8, 2018 4:05am Jan 8, 2018 4:05am
Quoting SoreLoser1
I believe the public eye provides that pressure and motivation to not fxck up.
keeping a journal along with a TE for me keeps me accountable no one maybe closely following your every action but just the feeling itself that you've put everything for everyone out there to see, analyze and to judge - it's a bit of having your boss keeping you on his/her radar out from a distance, you know you're being watched.

wish you all the best.
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  • #3
  • Jan 9, 2018 2:17am Jan 9, 2018 2:17am
Quoting Piquant
{quote} keeping a journal along with a TE for me keeps me accountable no one maybe closely following your every action but just the feeling itself that you've put everything for everyone out there to see, analyze and to judge - it's a bit of having your boss keeping you on his/her radar out from a distance, you know you're being watched. wish you all the best.
Piquant that is the exact thought I had man, I believe this way we'll become great traders.

I also thought of a TE but FF only supports MT4 so I'll be posting screenshots of my progress from my phone.

Good luck on your personal endeavour too friend I'll be following your journal as well.
Why are you trading?
  • #4
  • Jan 9, 2018 2:37am Jan 9, 2018 2:37am
This account will be traded as a secondary savings account to my main trading account. Therefore my goal is to make 50% of the account or to double it monthly. Starting with £40 by the end my target for the account would be £81 920 or £163 840. Do not even ask about risk managenent this is risky and would be suicide for any normal traders conscious. I'm looking for a vacation in the bahamas at the end of 2018 so lets do this.
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Why are you trading?
  • #5
  • Jan 17, 2018 7:31pm Jan 17, 2018 7:31pm
Lol my account didnt even last two weeks. I blew all my money haha.

At one point I had more than £100 pounds in the account.

"Stop giving your money back to the market imbecile." Should be my motto seeing as Im so stupid. I make money then lose it in a day or two because of greed and overleveraged positions.

So will be back soon with a fresh account adjusting risk management

Note to self. Greed will kill you so rather be happy with little profit than trying to squeeze out more pips when there are none to be squeezed.
Why are you trading?
  • #6
  • Jan 18, 2018 10:14am Jan 18, 2018 10:14am
Quoting SoreLoser1
Lol my account didnt even last two weeks. I blew all my money haha. At one point I had more than £100 pounds in the account. "Stop giving your money back to the market imbecile." Should be my motto seeing as Im so stupid. I make money then lose it in a day or two because of greed and overleveraged positions. So will be back soon with a fresh account adjusting risk management Note to self. Greed will kill you so rather be happy with little profit than trying to squeeze out more pips when there are none to be squeezed.
Hi SoreLoser ,
congratulations for your sincerity. This is a rather rare talent here on FF.
  • #7
  • Jan 24, 2018 2:41pm Jan 24, 2018 2:41pm
Quoting redoktober
{quote} Hi SoreLoser , congratulations for your sincerity. This is a rather rare talent here on FF.
Thanks old friend your admiration is appreciated. Sometimes to become better traders we must accept our mistakes no matter how embarassing.
Why are you trading?
  • #8
  • Jan 24, 2018 2:50pm Jan 24, 2018 2:50pm
Alright adjusted my trading plan a bit to make sure that I dont become too greedy. Seeing as this way of trading is very dangerous and involves high leverage you freeze sometimes when you see huge profit or loss in your account. So maybe this time I'll walk away with some decent profit.

Wish me luck (again)
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Why are you trading?
  • #9
  • Jan 24, 2018 4:50pm Jan 24, 2018 4:50pm
Starting on a high note. So far the adjustments seem to be working as greed no longer plays a big roll. Now I seem to have a problem with exiting trades too early as im now too scared of being greedy and blowing account but I prefer this approach as it is safer. I could have easily made more than 5 times my account balance but still happy with my first trade on new account. Lets wait for the next oppertunity.
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Why are you trading?
  • #10
  • Jan 24, 2018 7:49pm Jan 24, 2018 7:49pm
Quoting SoreLoser1
Seeing as this way of trading is very dangerous and involves high leverage you freeze sometimes when you see huge profit or loss in your account {image}
over leverage + if you're half sure what you're doing = fastest way to blow up your acc

if you lose an amount you can't afford to lose you may never come back again.
that's what I tell myself over and over again.

making a living out of this thing will require an immense patience (patience to wait for a setup, patience to walk away when there's no tradeable setup) on top of your slight statistical edge.

so I think it's best to forget about hitting home run and focus on the process.

I know this sounds cliche but after hitting bricks and walls so many times this is what I have understood about trading.
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  • #11
  • Jan 25, 2018 5:11am Jan 25, 2018 5:11am
Quoting Piquant
{quote} over leverage + if you're half sure what you're doing = fastest way to blow up your acc if you lose an amount you can't afford to lose you may never come back again. that's what I tell myself over and over again. making a living out of this thing will require an immense patience (patience to wait for a setup, patience to walk away when there's no tradeable setup) on top of your slight statistical edge. so I think it's best to forget about hitting home run and focus on the process. I know this sounds cliche but after hitting bricks and walls...
Thanks for your inputs piquant trust me I have also hit a few bricks and walls along the way and I know it seems stupid and dangerous the way I trade.

But dont worry this is something I've been perfecting a long time, a kind of taboo way to trade in todays accepted means of trading but its totally within my limits of my risk management plan to trade this way. It is not about hitting home runs its about showing people that you can make a decent profit trading with a small account. If you know how and can think outside of the box. Im not endorsing the become a millionare overnight stuff though.
Why are you trading?
  • #12
  • Jan 25, 2018 5:25am Jan 25, 2018 5:25am
After certain trades I will move my profit to main account and leave a certain amount within the secondary account.

Lets get ready and prepare for next oppertunity
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Why are you trading?
  • #13
  • Feb 2, 2018 6:18pm Feb 2, 2018 6:18pm
Didnt have many trading oppertunities but im up with 35% account growth on this account. So far so good, hoping to reach monthly target of 100% or more within 2 weeks.

Considering funding a $100 to speed up progress.
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Why are you trading?
  • #14
  • Feb 7, 2018 4:57am Feb 7, 2018 4:57am
Account almost doubled lets see if I can do it before the end of the week.
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Why are you trading?
  • #15
  • Feb 8, 2018 2:23pm Feb 8, 2018 2:23pm
Anyone interested in joining a trading group I am considering making a small group of atleast 10 people that can trade together and post on forexfactory. There are already 3 people interested. Obviously for a small fee ofcourse seeing as I will be giving my method, documents and software. I believe I am upholding the rules as I am not selling anything but helping and offering a service.

If interested pm me. If am not allowed to post this please notify me and I will remove it.
Why are you trading?
  • #16
  • Feb 10, 2018 6:28pm Feb 10, 2018 6:28pm
So little interest it makes me sad.

Its okay though I will just continue posting my progress then as I believe that my personal endevour to help others should stay my #1 goal besides making money.

So hopefully someone will see my efforts so we can also help others through this.
Why are you trading?
  • #17
  • Feb 10, 2018 6:36pm Feb 10, 2018 6:36pm
What do you expect you are not sharing what your doing just posting numbers who cares you might as well right it down on toilet paper
  • #18
  • Feb 11, 2018 5:50am Feb 11, 2018 5:50am
Quoting Divergence
What do you expect you are not sharing what your doing just posting numbers who cares you might as well right it down on toilet paper
Thats the whole point buddy I want to share my methods and software but im not going to give it away just like that and let me explain why.

Its suicide to post methods and stuff on the number 1 most watched site by brokers on the web. I believe you all know by now not every broker has your best interest at heart.

I also believe that teaching people something is better than just giving it to them without guidance.

To me thats like you want to give your edge away. So i want to do this as a mentoring type of program so I can teach 10 people each month my methods and continue so forth each month. All I want is compensation for my time, money and efforts put into my software and methods.

Also these people that have completed mentoring and have the software and documents can then mentor others as well, by their choosing either for free or also for a small compensation.

Here's what makes this cool.

Then we post our progress on FF to show others and get them to join one of the other mentors or me personaly.

This way we can create a cycle and eventualy lead most of us to financial freedom.

What do you think about the idea if its not a good one then by all means just give your honest opinion and I will leave my idea behind.
Why are you trading?
  • #19
  • Feb 11, 2018 8:24am Feb 11, 2018 8:24am
If you think brokers need what methods people are using well that's ridiculous there are buyers and sellers they are bookies trying to balance their books for profit. This all seems like you want to sell something if that's so you shouldn't have blown up a 40 dollar acct in 5 minutes lol
  • #20
  • Edited 5:12pm Feb 11, 2018 4:57pm | Edited 5:12pm
Quoting Divergence
If you think brokers need what methods people are using well that's ridiculous there are buyers and sellers they are bookies trying to balance their books for profit. This all seems like you want to sell something if that's so you shouldn't have blown up a 40 dollar acct in 5 minutes lol
Lol I really dont think I need to explain or defend anything but im gonna do it anyway. Im not saying you're wrong or whatever though. Alright, just for the record I've seen first hand brokers increase their frequency in manipulating retail traders when they see we start posing a threat to their business. If lots of traders start making abnormal profits they manipulate you.

And why? .... Because thats abnormal profits that they have to pay (Market makers) I believe everyone knows or should know how the bookkeeping is done in these brokers and manipulation is also part of the book balancing you're speaking of, unfortunately.

And for those that do not know this take notes.

You have probably heard of VDP for metatrader if not google it. As soon as brokers start seeing abnormal profits or "methods which they consider illegal" in your accounts like some of the methods im using. They start playing games super wide spreads, slippage, platform freezing etc. you name it.

Now imagine what would happen if these methods and stuff were to be shared on a public forum like this?

I really I think my statement has some truth to it if you think about what I just said.

Also that $40 I lost means nothing if have made tripple that back.

So I personaly think nothing can be taken away from my methods and they're probabilities of success and profitability dont you think?
Why are you trading?
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