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My way to highway

  • #601
  • Feb 14, 2018 8:19am Feb 14, 2018 8:19am
Quoting lmiberme
Hello, profitfarmer, I finally decided to join the forum and one of the first places where I wanted to subscribe was here. Each day better results which shows that perseverance is a very strong weapon. Congratulations, you are a great inspiration to us.
Hi Imiberme,

Happy you found my journal worthy to subscribe to
I am currently on vacation ( still approx a week left) so, there isn't much change on the my account attached here, but that doesn't mean zero trading, only since that TE account is my master acct, and I can't supervise it fully, I trade on my private account on some selected times if programs with friends permit.
Like tonight, the USD news were a good occasion to pick up 0.4%.
Coincidentally, non of the trades were made on USD pairs, lol, but on GJ ( long) and EA (short) on the aftermaths of the initial moves.
there is always, always another trade!!
  • #602
  • Feb 14, 2018 8:35am Feb 14, 2018 8:35am
Some vacation photos...
Started with Bangkok, and temples...then some more temples in Ayutthaya...then Chonburi...new, old, Chinese...
No pictures from Pattaya, to keep the journal "G" rated and not "R"... but let's just say the city offers certain fun stuffs ( or is that staffs?) in R&R.
Currently on Koh Chang, island with beaches, photos of it likely will make it here later during the week.

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there is always, always another trade!!
  • #603
  • Feb 19, 2018 11:39am Feb 19, 2018 11:39am
Sometimes things happen when the least expected...
Like while being on vacation ( still).
Literally just an hour ago I got a email from Fixi, that they add to the allocation...
And...and...wait for it...
Effective as of now, the new amount is 100x multiplier of my master acct there, and as such the allocation is worth approx 1.2 million.
So, yes, 7 digit, and for real!
Total surprise!!
Was expecting a evaluation end of March, with possibility to double the previous 250k allocation...

Of course, keep in mind that the -3.5% max DD limitation doesn't allow a trader to take huge bets for quick gains!!
The point is, to see that it is possible to not have huge personal funds, but consistency in results still can land some nice opportunities and a chance to "grow".
Never can be sure what the future brings, but when I scroll back the the beginning of the journal, there is definitely a long way I came since, and that is only 8 months?!
It is a journey, and with all the ups and downs, but I am really glad that I took my chances and gave up my job for it.
Whatever happens, even just for the experience itself, it worth it!

Happy trading!
there is always, always another trade!!
  • #604
  • Feb 19, 2018 11:49am Feb 19, 2018 11:49am
GREAT !!!

Maybe you deserve cold singha, cheers.



about dd's check your psy, i think they have changed how to calculate max dd dont know is it bug or what, i think everyones accounts drawdowns, are much more higher than before
  • #605
  • Feb 19, 2018 12:05pm Feb 19, 2018 12:05pm
Quoting profitfarmer
Sometimes things happen when the least expected... Like while being on vacation ( still). Literally just an hour ago I got a email from Fixi, that they add to the allocation... And...and...wait for it... Effective as of now, the new amount is 100x multiplier of my master acct there, and as such the allocation is worth approx 1.2 million. So, yes, 7 digit, and for real! Total surprise!! Was expecting a evaluation end of March, with possibility to double the previous 250k allocation... Of course, keep in mind that the -3.5% max DD limitation doesn't...
That is great news PF, wish you the best.

put on your seat belt
  • #606
  • Feb 19, 2018 12:31pm Feb 19, 2018 12:31pm
Hi profitfarmer, first of all, congratulations on your trading success. Not so much traders around here, showing the others a right way to success. Keep on going, please!

I hope I get it right, you home country is Hungary? If so, when you will be around, we can drink few beers on me. I`m from Slovenia.

All the best!
  • #607
  • Feb 19, 2018 1:00pm Feb 19, 2018 1:00pm
Quoting Matjaz
Hi profitfarmer, first of all, congratulations on your trading success. Not so much traders around here, showing the others a right way to success. Keep on going, please! I hope I get it right, you home country is Hungary? If so, when you will be around, we can drink few beers on me. I`m from Slovenia. All the best!
Thanks, and for the invitation!
Correct, Hungarian, but rarely there, the last 16 years is Thailand.
Can't confirm yet, but may visit Budapest in the summer or October...
there is always, always another trade!!
  • #608
  • Feb 19, 2018 3:07pm Feb 19, 2018 3:07pm
Awesome PF, great news.

Now you just need to get back from vacation. I know your holidays have been killing me. I am hanging out everyday waiting for your next update.

Best of Luck.
  • #609
  • Feb 19, 2018 3:42pm Feb 19, 2018 3:42pm
Quoting profitfarmer
Sometimes things happen when the least expected... Like while being on vacation ( still). Literally just an hour ago I got a email from Fixi, that they add to the allocation... And...and...wait for it... Effective as of now, the new amount is 100x multiplier of my master acct there, and as such the allocation is worth approx 1.2 million. So, yes, 7 digit, and for real! Total surprise!! Was expecting a evaluation end of March...
Well done profitfarmer.
Absolutly awesome!!

Good luck with it, and keep it up!

Cheers,
J-F
  • #610
  • Feb 19, 2018 4:59pm Feb 19, 2018 4:59pm
What a beautiful journey PF...
It is really amazing to me that in this same forum people are dabating to death if it is even possible to be profitable. Meanwhile, in 8 months you are already in the 7's.

Congratulations and keep killing it!
  • #611
  • Feb 19, 2018 6:52pm Feb 19, 2018 6:52pm
Quoting Whikka
What a beautiful journey PF... It is really amazing to me that in this same forum people are dabating to death if it is even possible to be profitable. Meanwhile, in 8 months you are already in the 7's. Congratulations and keep killing it!
Hi Whikka,

Thank you!
As I said above, whatever happens in the future, up until now the journey itself fulfilled a "dream".
There is a lot of debate what is possible and what is not possible, for those who paid attention it should stand that it is possible to collect up to 7 digit deals starting from 5-10k, and making single digit monthly gains for a year.
( I had little more to start with, and once in a while a month hit double digit gain, but that isn't the issue to focus on, as much as the rest, really).

So, what is next?
I will trade as always, and there is still some milestones to achieve, or could call them personal goals.
However, I think as in trading itself, need to look things rationally.
This case it means sometimes it is easier to get to the " top" than stay on the top, having more motivation driving one. Just like in sport.
Winning the Olympic gold is a great motivation, but is winning a second 4 yes later, or a third, exactly the same motivating force? Often not.
On the other hand after some medals a new motivation can come to play, like being the best, winning the most medals...

The analogy of course just a play on thoughts. I still have plenty of the milestones to personally achieve, but one has been filled, namely getting fixi allocation to 1 million+.
It is just preparing mentally for the next, in my way, shifting from one goal to the next, and trying to keep my drive forward.

Vacation is getting slowly to the end, maybe for the better, cos getting little sunburned.
there is always, always another trade!!
  • #612
  • Feb 20, 2018 9:13am Feb 20, 2018 9:13am
Quoting profitfarmer
Sometimes things happen when the least expected... Like while being on vacation ( still). Literally just an hour ago I got a email from Fixi, that they add to the allocation... And...and...wait for it... Effective as of now, the new amount is 100x multiplier of my master acct there, and as such the allocation is worth approx 1.2 million. So, yes, 7 digit, and for real! Total surprise!! Was expecting a evaluation end of March, with possibility to double the previous 250k allocation... Of course, keep in mind that the -3.5% max DD limitation doesn't...
Sincere and warm congratulations , my friend !
You have made an intelligent, prudent and wise path and and so you have been rewarded.
You are a real trader, there are not many... and you deserve all the best.
Happy holiday !
  • #613
  • Feb 23, 2018 7:25am Feb 23, 2018 7:25am
Quoting profitfarmer
Some vacation photos... Started with Bangkok, and temples...then some more temples in Ayutthaya...then Chonburi...new, old, Chinese... No pictures from Pattaya, to keep the journal "G" rated and not "R"... but let's just say the city offers certain fun stuffs ( or is that staffs?) in R&R. Currently on Koh Chang, island with beaches, photos of it likely will make it here later during the week. {image} {image} {image} {image} {image} {image}
thank you for the nice pictures.
As with any system or strategy, it is not 100%
  • #614
  • Feb 23, 2018 10:59am Feb 23, 2018 10:59am
i am back!

vacation is over, and with a short 8 hours of driving back at home.
coming weekend, i will post a few more photos from the second half of the trip.

apart from a few small trades on my personal account, there was no trading in general.
today missed the great opportunity of the GBP news, and even though just barely, but the CAD news too...
however, just to get back to the game, did a few small entries on the aftermath of the news, for a cool +0.11%.
being Friday, and me feeling tired and rusty the same time, i think best to call it a day there.

happy weekend!
there is always, always another trade!!
  • #615
  • Edited 12:26pm Feb 23, 2018 11:22am | Edited 12:26pm
Quoting profitfarmer
i am back! vacation is over, and with a short 8 hours of driving back at home. coming weekend, i will post a few more photos from the second half of the trip. apart from a few small trades on my personal account, there was no trading in general. today missed the great opportunity of the GBP news, and even though just barely, but the CAD news too... however, just to get back to the game, did a few small entries on the aftermath of the news, for a cool +0.11%. being Friday, and me feeling tired and rusty the same time, i think best to call it a day...
GBP you didnt miss the news, it was spike, just before i was second quessing buying EURGBP. During your holiday there were several nice moves.
I will end better month than January, i guess you would done well, but as you say "there is allways a new trade". Great Weekend for you too.
  • #616
  • Feb 23, 2018 12:18pm Feb 23, 2018 12:18pm
Quoting kk100
{quote} GBP you didnt miss the news, it was spike, just before i was second quessing buying EURGBP. During your holiday there was several nice moves. I will end better month than January, i guess you would done well, but as you say "there is allways a new trade". Great Weekend for you too.
so, no news then
the effect on my trading would be the same, just assumed it was by that...

this 2 weeks i would have some nice trading, did fairly good on my personal account, with one real nice day...that if traded full scale, and across the portfolio would make a nice impact for the month. but overall things are up, and there is still another few days left from the month....i may still make something.
most important it is a profitable month so far.
(and of course that my friend's had a great time here in Thailand, and that it was nice to see them!)

happy weekend!
there is always, always another trade!!
  • #617
  • Feb 23, 2018 2:40pm Feb 23, 2018 2:40pm
Quoting profitfarmer
i am back!
Welcome back and here to stay, ...
What I noticed lately, a side effect of being profitable, is that the person is taken out from this activity and usually sent in a holiday, give freedom and free time, ... It should be really bad, since so many decide the other way!
I personally look to be hit by this side effects too! I try all the possible ways like go holiday and expect to be profitable after!

Welcome back and here to stay, in a profitable way!
  • #618
  • Feb 23, 2018 9:04pm Feb 23, 2018 9:04pm
Quoting aa4fx
{quote} Welcome back and here to stay, ... What I noticed lately, a side effect of being profitable, is that the person is taken out from this activity and usually sent in a holiday, give freedom and free time, ... It should be really bad, since so many decide the other way! I personally look to be hit by this side effects too! I try all the possible ways like go holiday and expect to be profitable after! Welcome back and here to stay, in a profitable way!
hi aa4fx,

just like in an extent every job, it is important to keep a good work/life balance not to 'burn out'.
in a way it is motivating to make more and more money, but more so not by itself, but by the way it translate to be able to do or buy more and more thigns you wish to yourself.
of course until a while it is challenging enough to try to make (and keep!) one week positive, one month positive, 10-20-30 winning days in a row, 1 year without losing month, etc...but after some point it is hitting a point where it is less interesting, and in the big picture comes a need to balance work with lifestyle choices.
on that i dont mean anything big, not in a sense some youtube marketers makes you believe it is about Lambos or fancy Michelin meals.
more like the freedom to be able to take 1-xx days "off from work". or maybe sneak on the grocery list a few things that you werent buying before... etc.
just it is important to keep in mind that first the money to come...and not like many so often does, first spend, then try to earn it. i dont take loans out to buy things, and definitely not depreciating assets, like cars. cash only guy. credit card has one use: online shopping.

now i feel that the month is negative, even though i am up, the spending a little outpaced the earnings. so, it is easier to find goals.
the current short term goals: finish February without a losing day, and make March a strong month. also thanks to VPS, the EA we are working on was running full auto the last 2 weeks, and the result is real good...good enough that it is going back to live account next week. assume there may be some glitches still, and some differences between live and demo results, but one can never know those ( and do the necessary adjustments) without testing live.
this is how it performed during the vacation, i know you like EAs (and your current project is, i think, the best long term one for you!)

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happy weekend!
there is always, always another trade!!
  • #619
  • Feb 23, 2018 11:12pm Feb 23, 2018 11:12pm
Quoting profitfarmer
{quote}after some point it is hitting a point where it is less interesting, and in the big picture comes a need to balance work with lifestyle choices.
absolutely ! after all life is measured by the moments and experiences we pursue not how much we can earn per month, per day and each year. And it's too short to waste it away on earning pips every day every month. I learned that sky isn't the limit with trading sky is the or should be the limit if you want to be happy and content with your life.
...
  • #620
  • Feb 23, 2018 11:21pm Feb 23, 2018 11:21pm
Hellp PF, welcome back.

Can i ask how much is the commision you paid for ICMarkets compared to your earnings? Don't need the real numbers, just a percentage based off your earnings will do. I am using ICMarkets too and the commision is actually quite a lot and i am not even scalping as much as you do.
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