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Trading 8 years on...

  • #21
  • Sep 2, 2018 3:33pm Sep 2, 2018 3:33pm
So I've not posted since 31st May because I've not had any trades closed since then. On Friday I closed a trade left me 7.26%+ on the account.

I still believe I don't need to be trading every single day or looking at charts day & night.

So far this leaves the year at 51.31%+ 1951pips+ my target is between 3-4%+ a month...
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J12
  • #22
  • Sep 3, 2018 12:09am Sep 3, 2018 12:09am
So these are my latest numbers, my numbers only updated last night & I only just got to my computer.
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J12
  • #23
  • Sep 3, 2018 12:32am Sep 3, 2018 12:32am
Congrats for your results so far
It seems that you've found your way so if what you're doing is working just keep doing it, it's "your" right way of trading, good luck !
Simplicity is the Ultimate Sophistication.
  • #24
  • Sep 3, 2018 1:19am Sep 3, 2018 1:19am
Quoting broketrader
Congrats for your results so far It seems that you've found your way so if what you're doing is working just keep doing it, it's "your" right way of trading, good luck !

I feel this works well for me as I do not have so much time, I used to do constantly look at charts day & night, dreaming of charts, I find now more is less, I have probably tried 25+ systems on there, I found hardly any, if any indicators worked for me. It was either I didn't know how to use them, read them or they just didn't work...
J12
  • #25
  • Sep 3, 2018 1:27am Sep 3, 2018 1:27am
Quoting j12
{quote} I feel this works well for me as I do not have so much time, I used to do constantly look at charts day & night, dreaming of charts, I find now more is less, I have probably tried 25+ systems on there, I found hardly any, if any indicators worked for me. It was either I didn't know how to use them, read them or they just didn't work...
I can confirm, indicators don't work and knowing that puts you ahead of most people here
Simplicity is the Ultimate Sophistication.
  • #26
  • Sep 3, 2018 2:37am Sep 3, 2018 2:37am
Quoting broketrader
{quote} I can confirm, indicators don't work and knowing that puts you ahead of most people here
Practically all of them tell you things that have happened in the past, this is no indication of that is to happen going forward. It's much more difficult to execute this going forward. With good money management not taking silly risks you can get consistency. Mentally it is challenging, once you learn to control your mind you can progress. Without a doubt when you first start this, we all have big dreams, wanting to make loads of money, wanting to buy this buy that, think of a life when you can just do this for a living.

But in reality it's quite difficult to execute this, unless you have a vast sums of money to invest. what I have now has been built up over time. So if I lose it will it be a big issue to my life? Will it have a huge effect on my life? Probably not, as I didn't have it in the first place. Does my life depend on it? Totally not.

I do feel for people who put endless hours on indicators, EAs, paying people for signals etc, but I was the same at once point in my life
J12
  • #27
  • Sep 8, 2018 4:56am Sep 8, 2018 4:56am
There is a saying - you are only a s good as your last trade. The very truth Making profit over 20 or 50 trades is not an indication for trading success. It does not prove an edge or anything. But I think what is important is that you feel right. If it fits your life and you are happy, just go for it. Just don't get overconfident. I have been in that loop a few times. The market always has the last word. And after all, those are just some digits. All the best.
  • #28
  • Jan 24, 2019 2:37pm Jan 24, 2019 2:37pm
So then the question we are all begging to ask is what kind of system are you trading and what time frame?
Your results sound like trend following to me.
Either way, congrats and I'm continuing my journey of self Discovery and testing to find the method for me.
  • #29
  • Oct 31, 2019 9:35am Oct 31, 2019 9:35am
Hi there, so I've not posted for a long time, reason being I've not really had anything of interest to post. Mentally I have been challenged, I left a trade open when I should have closed it, when it was in good profit. I have still not mastered how to close a trade. So the trade has been open over a year. But due to the size of my account it has not given me any real opportunity to take other trades that I would have normally taken.

On the positive side I have still not had a losing month or week, I am about to close some trades now, I will post shortly my results for you all to see.

Last year 2018 my account closed 51.31%+ 8 trades in the year 3 longs 5 shorts, 3 longs won & 5 shorts won, 1954.4+ pips (for me this means nothing)

Going forward hopefully I will not be so greedy & take good profit when it is there lol....


Will post shortly....
J12
  • #30
  • Nov 1, 2019 8:13am Nov 1, 2019 8:13am
Hi guys so as promised I would make a post of closed trades.

Today left me with 7.51%+ here, this year has been very slow compared to the last year, this is for the reason mentioned in my previous post. I hope to get back to normal. Just to mention my target is 3-4% a month, anything more is a bonus.

The uploads are from myfxbook what I use to track my progress

Thank you, hopefully you will be hearing from me a bit more.

BTW I'm now 9 years into trading
Attached Images
J12
  • #31
  • Nov 2, 2019 3:19am Nov 2, 2019 3:19am
So I have added my trade explorer onto this threat...

It's got a start date from then I stared to trade like this rather then all the bots etc
J12
  • #32
  • Nov 2, 2019 3:59am Nov 2, 2019 3:59am
I will see if there is a new position available on Sunday evening...and try get back to my target of 3.5%+ or so a month, anything else is a bonus...
J12
  • #33
  • Nov 22, 2019 7:11am Nov 22, 2019 7:11am
Hi guys me again, so my last post was, on 2nd November. I did actually open some trades that evening. 20 days on I have today closed all my few trades that were open.

This leaves me @ 8.8%+ & 17%+ for this month.

I am happy with this, my target is 3.5%-4% a month.

3.5% is way more then I get in the bank. If you read my other posts you can see I messed up mid last years & had a trade open for more then 12 months. Hopefully I can learn from the mistake I made & move forward.

This year I am up 26.2%, if I don't make any more % this year I'll still be happy. December is approaching & the election here in the UK.

I am unsure if you guys can see my trade explorer or not...

I'll post again when I open a trade or anything else I think is worth sharing

Thank you
J12
  • #34
  • Edited 2:18am Dec 3, 2019 2:06am | Edited 2:18am
Hi guys, so I closed another trade today, not big but a nice stable 1.1%+. I do have 2 more trades open, once I close them I will post on here....

Thank you
J12
  • #35
  • Dec 20, 2019 12:42pm Dec 20, 2019 12:42pm
Hi guys, so I closed the 2 trades I had open left me 4.3%+ so that's 5.5%+ for this month. I'm happy with this.

I'm pretty sure this will be the last trade for the year. Not the best year but it's left the account up 28.3%+ for the year.
I hope you guys can see my trade explorer.
Happy holidays....
J12
  • #36
  • Dec 24, 2019 9:02am Dec 24, 2019 9:02am
Quoting j12
Hi guys, so I closed the 2 trades I had open left me 4.3%+ so that's 5.5%+ for this month. I'm happy with this. I'm pretty sure this will be the last trade for the year. Not the best year but it's left the account up 28.3%+ for the year. I hope you guys can see my trade explorer. Happy holidays....
Consider to use Darwinex or similar service to attract investors to your account. Tnx for sharing.
  • #37
  • Dec 24, 2019 9:09am Dec 24, 2019 9:09am
Quoting joyny
{quote} Consider to use Darwinex or similar service to attract investors to your account. Tnx for sharing.

Why would I want to attract investors to my account Joyny??
J12
  • #38
  • Dec 24, 2019 9:28am Dec 24, 2019 9:28am
Quoting j12
{quote} Why would I want to attract investors to my account Joyny??
Why not? Ok maybe that could be too stresfull... other reasons? Had allready enough capital..? No reason to earn more..?
  • #39
  • Last Post: Dec 24, 2019 9:36am Dec 24, 2019 9:36am
Quoting joyny
{quote} Why not? Ok maybe that could be too stresfull... other reasons? Had allready enough capital..? No reason to earn more..?
I doesn't quite suit my situation dear Joyny, I'm happy & contempt. I live a comfortable life within my means.
J12
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