$250 for a Ferrari

You need too put in account nr:investorpassword and broker when you are opening the tradeexplorer and if you cant connect you get directed too support soo you can leave a message and they will get back too you and fix it for you.....It is pretty easy too set up a explorer sooo if you are doing someting wrong you shouldnt be able too turn on your computer....Since you are writing here i guess you know how too do that...

Got it set up, thanks for the help. I reset my password twice but didn't work. Apparently the issue was syncing with my broker (server-issues) so I contacted them for support. Was told to open a new MT4 account and try syncing again and well it worked so I guess it's up.

I am really looking forward too this....It is the exactly the same way i plan too do my trading if i can get consistent but i think i will have 2000 in the account starting of with 2 Lots and withdrae once a week every Fridag after finnished trading for the week...That way i only need 125 pips in a week too make 2500 dollars...

All the best man

man wtf, is this god trader, i think everything is possible now. his first month of trading was like 500 trades at 100% win rate and all closed within seconds?

Yes there are some that are very impressive...

And now the tradeexplorer is private allready....Messed up first day???.LOL

And he has called the explorer for orderflow soo iguess he where trading of orderflow that he had some way of reading the orderflow as the marketdepht evolved and taking quick scalps of that i have opened a free triel on this site i know the funder of this site also scalps 2-10 pips of orderflow and i missed the first session today but the second is at 18.00 eastern soo i will catch that i am really curius abaut this orderflow mayby thats the tool missing in my toolbox for getting an edge on the market heres the link too the site if you want too sign up...Its free for a week...https://www.alphaoffshore.net/ I hope its legal too post it here its for helping i doo it i dont have anyting too do with the owner of the site...

thanks bro, ill take a look but dont think its my cup of tea, my style usually 1 hr to couple of days.

If you are consistant proffiteble doing that then its good,but knowledge is always welcome at my house....And if you are struggeling i really think this is someting else than all the bullshit learn forex 2999 dollars crap...

a reason why it not necessarily a good move to attach one in the first place. even if he lost (what he may not, idk), a day's result mean little on the long run.
i think the approach he outlined in the OP has value, and makes sense many ways.
would love to see more focus on that concept being discussed, vs. a day's profit or loss.

A days results kind of is a bit hard when you need too redeposit tomorrow for a new day,,But the consept here with starting out with 500 ... I read your tradingjournal and as i have seen you have 1 ore 2 loosing days a month and produce 40-50 pips a day on the winning ones and of a 500 account trading standard lots you would make lets say 17 winning days a month and 3 loosing days the loosing days you loose 500 and the winning days you made 450...that would make a total profit of 7500-1500 a total of 6000 dollars for a month pretty nice...So if you are consistent in your trading and only have like 2000 instead of depositing 2000 and blow the account with revenge trading and other stuff you doo when you start too loose start with 500 and 0.5-1 standard lot mayby trade 0.5 until you reach 800 then goo too a standard i think that actually could be a way of trading for a living IF YOU ARE A GOOD TRADER THAT IS THE ISSUE HERE....you need too be consistent with over 1:1 RR and win% over 60 atleast 70-80 preferebly too be sure you dont start of with a bounch of losses,but if you doo start over the next day....The guy in this tread says he does it of a 250 account and been member here for 1 ore 2 months soo i take hes word for it...LOL

as the proverb goes: there is many ways to skin a cat.
i am not willing to go in dept into each approach's pro and contra...the important to have something that suit you.

(PS. trust me, too much paper calculation is useless, it is just like backtest...sets some idea in your head, but in the end, the reality seldom is a carbon copy of it!)

i agree knowledge is always welcome, thats why im kinda monitoring this topic also.
i've been profitable for 5 months now but i'm still a very bad trader with lack of discipline, lack of emotion control and still doing revenge trading and overleveraging.
sometimes my finger move on its own to click the buy/sell button lmao.


i saw engweijie tradeexplorer and it was 2 stoploss trade with -39% drawdown already, and suddenly he removed it.
i personally want to say i dont think you should be ashamed of wrong prediction. I honestly think i learn more from losses.

I advise you against the TE. It could become a psychological burden and impair your discretionary trading performance. My 2 cents.

Thats the total issue here on FF everybody wants too be a winner and most people here lie abaut results...I always have a TE its a super tradingjournal and easy too follow when you are doing someting right and when you are doing someting wrong....People who say otherways are failed traders lying abaut being proffiteble....I really dont understand why he removed it if he lost today he can start it tomorrow with custom date again when redeposited...Everybody have a loosing day.....Its nothing too be ashamed of....When you start only with 250 and you get a 7 pip loss you cant open another standard lot trade you have too tune down too 0.7-0.8 mayby even lower so you are out sailing after one loss...If this should work you need too start of with a coupple of winners and that will not happen everyday...

If you are a good trader i am sure this can work fine you only need too win more than you loose from the start more days than not...

Ok starter of this tread if you lost today no stress just customize the tradeexplorer too start from tomorrow i am really interested in seeing if yiou are able too doo what you say...

Trade Explorer's back, for those who are concerned. Was away from the forum all day to clear my head (had a bad trading day) so it's quite funny to come back to all this controversy.

I was trying to figure out how to hide both the equity dollar figure and the % ROI (even if I hid the dollar figures, the % ROI would still show up) while only showing the pips bagged (what I agreed to show) for the day. I don't want any dollar figure or ROI % to appear on my TE - if anyone knows how to please help a brother out .

Main reason I was reluctant to open a TE in the first place was because of the very very ambiguous laws on capital gains tax in my country: https://www.daytrading.com/taxes/singapore

Its so ambiguous they don't actually define at what point you get taxed - it's a case by case basis sort of thing. Last thing I want is to have the tax people knocking on my door just because I was keeping a lame ass journal nobody actually cares about.

I didn't hide the trades/drawdowns (I could've just changed the start date to today and make it look like I tripled my equity but what for?). Neither am I topping up the account for tomorrow. Just letting it roll. Today's been a pretty bad trading day - Here's the consolidation for this morning (before my new MT4 account to set up the TE):

Monday, September 10th 2018
7:26AM - Sell: 1.15582 , Closed: 1.15582 (+0 pips)
7:55AM - Sell: 1.15592 , Closed: 1.15560 (-1 pip)
7:56AM - Sell: 1.15596 , Closed: 1.15609 (-1 pip)
7:58AM - Sell: 1.15607 , Closed: 1.15601 (+0 pips)
8:07AM - Sell: 1.15605 , Closed: 1.15596 (+1 pip)
8:34AM - Sell: 1.15588 , Closed: 1.15569 (+2 pips)
8:48AM - Sell: 1.15604 , Closed: 1.15616 (-1 pip)
8:49AM - Sell: 1.15609 , 1.15621 (-1 pip)
8:49AM - Sell: 1.15619 , Closed: 1.15631 (-1 pip)
8:50AM - Sell: 1.15628 , Closed: 1.15504 (+12 pips)
2:47PM - Buy: 1.15356 , Closed: 1.15340 (-2 pips)
2:47PM - Buy: 1.15335 , Closed: 1.15342 (+1 pip)

Total net gain of +9 pips, BUT still a negative gain on my account balance because of broker commissions

Took the rest of the day off to try and clear my head before coming back in and the rest of the trades are the 2 losing ones for -6 pips each (-12 pips) and another for +5 pips (left this one at BE +5 when I fell asleep lol should have trailed but running a fever and was on meds and I got knocked out.. Feeling good now though refreshed and ready). These losses are reflected in the TE.

For what it's worth, the $250 saw a drawdown going to $106, but those losses have already been made up for today.

If I had to sum up what went wrong yesterday, it was simply lack of patience (for price to go to the levels I marked out earlier before entering) and trigger happy fingers (entering too soon, moving SL too soon, etc). Patience is something I need to learn.

Thanks man. Honestly no big deal with the TE - it is what it is. But yeah I see where you're coming from. Stepped away from all the noise for a day and hopefully I'm back with a clearer state of mind.

@magne999 I think I've been more than polite and cordial with you in my journal. I don't know what your deal is, but for what its worth, spreading negativity and trying to push a trading course on someone else's thread isn't exactly the most gentlemanly thing you can pull. You can do better than that buddy, I know you're jaded and cynical and mean no harm.

Anyway as far as today is going so far:

Holding a short from 1.16425. SL at 1.16005 so 42 pips locked. Will be trailing for the rest of the day. Just waiting to see if we will revisit yesterday's low at 1.152x (have an arbitary TP just above that area).

Well said and well done! Keep it up!