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$99 to $100,000 is it possible?

  • #81
  • Nov 28, 2019 12:51am Nov 28, 2019 12:51am
Quoting jgadefelth
{quote} Ok try to follow the book and you have not finish it yet ? try to leave your trade for it to handle on its own tp or stop turn of computer take a walk. Will be watching video and follow you we hope and make the best Best regards
Hi!

What is the book you are talking here about?

Rgrds,
SP
  • #82
  • Nov 28, 2019 1:14am Nov 28, 2019 1:14am
Quoting SuperPip
{quote} Hi! What is the book you are talking here about? Rgrds, SP
Trading in the zone by mark douglas.

Best regards
  • #83
  • Nov 28, 2019 4:41am Nov 28, 2019 4:41am
This is the video of my yesterdays trades on GBP/USD
For now my account is 1.105$

I've made a mistake on the second trade, I closed it too early after reading GBPUSD thread where biggest part of members were shorting it.

Lesson: do not listen to the opinions of others about your current trade.

Inserted Video
  • #84
  • Nov 28, 2019 4:54am Nov 28, 2019 4:54am
Quoting PandaTradeFx
This is the video of my yesterdays trades on GBP/USD For now my account is 1.105$ I've made a mistake on the second trade, I closed it too early after reading GBPUSD thread where biggest part of members were shorting it. Lesson: do not listen to the opinions of others about your current trade. https://youtu.be/JoH94CnVgJc

No do not listen to others isolate ylur trading and ylur strategy only 2 outcomes stoplose or tp no interfearanse trust your own analyse leave the trade goo out.

Best regards
  • #85
  • Nov 28, 2019 7:00am Nov 28, 2019 7:00am
Quoting jgadefelth
{quote} No do not listen to others isolate ylur trading and ylur strategy only 2 outcomes stoplose or tp no interfearanse trust your own analyse leave the trade goo out. Best regards
Yea, I know it, still learning, but it's really difficult to deal with own emotions, even meditation does not help=)
  • #86
  • Nov 30, 2019 3:54am Nov 30, 2019 3:54am
Quoting PandaTradeFx
{quote} Yea, I know it, still learning, but it's really difficult to deal with own emotions, even meditation does not help=)
My shame!
If to describe yesterday trading in a few words: loss, emotional revenge, loss, loss

Still have a positive result on my account, so I will continue.

Inserted Video
  • #87
  • Nov 30, 2019 10:41am Nov 30, 2019 10:41am
Quoting PandaTradeFx
{quote} My shame! If to describe yesterday trading in a few words: loss, emotional revenge, loss, loss Still have a positive result on my account, so I will continue. https://youtu.be/WlThY6C6IuQ
Thank you PandaTradeFx. It is very courageous of you to document your trades in this way. I wish you from the bottom of my heart that you can take it easy and that your courage rewards you. Many thanks!
  • #88
  • Dec 1, 2019 3:18am Dec 1, 2019 3:18am
Quoting kofix11
{quote} Thank you PandaTradeFx. It is very courageous of you to document your trades in this way. I wish you from the bottom of my heart that you can take it easy and that your courage rewards you. Many thanks!
Thanks for support! =)

This NZD/USD trade went down, after price hit my stop-loss. There is nothing to say and difficult to make any conclusion. It seems that I need to be more selective in the choice of trades.
Attached Image (click to enlarge)
Click to Enlarge Name: nzd 4.jpg Size: 101 KB
  • #89
  • Dec 1, 2019 4:36am Dec 1, 2019 4:36am
Just to sum up results of November.

Starting balance: 99$
Max size of account: 1.150$
Highest equity: 1.650$

1.000$ account was reached three times (first time was 956$)

Loser of November: NZD/USD. All trades that was opened at this currency pair gave a loss.
Most profitable pairs: GBP/USD and USD/CHF

Current account: 565$ (+465%) my revenge trades were covered by trades that you can find in the video below.

My biggest problems: impatience (big part of trades shouldn't be opened) and emotional control after getting loss (revenge trades).

In total, I could get a better result if I was trading only trades that I have in my trading plan, my account could be +4.000$. So, for now I'am going to analyse all trades of November and start December trading with new experience.

Thanks for following me!

Inserted Video
  • #90
  • Dec 1, 2019 4:39am Dec 1, 2019 4:39am
Quoting PandaTradeFx
Just to sum up results of November. Starting balance: 99$ Max size of account: 1.150$ Highest equity: 1.650$ 1.000$ account was reached three times (first time was 956$) Loser of November: NZD/USD. All trades that was opened at this currency pair gave a loss. Most profitable pairs: GBP/USD and USD/CHF Current account: 565$ (+465%) my revenge trades were covered by trades that you can find in the video below. My biggest problems: impatience (big part of trades shouldn't be opened) and emotional control after getting loss (revenge trades). In total,...

Good sum looking, forward to follow december.

Best regards
  • #91
  • Dec 2, 2019 3:47am Dec 2, 2019 3:47am
For now I have a long position on GBP/USD according to my money management rules.

I decided to open it cause price gave a good entry point (previous trade was closed at 1.2932 level) and this trade was opened at 1.29072 level. So, this is continuation for the previous trade on GBP/USD that you can find in my recent post but with better price. TP open.

Unfortunately, I don't have opportunity to make a video record.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd5.jpg Size: 461 KB
  • #92
  • Dec 2, 2019 4:34am Dec 2, 2019 4:34am
Maybe will help and give some ideers for psycology. Looking forward to see some more trades this week lets make a new record on the accont how about 5000 ?


Inserted Video


Best regards
  • #93
  • Dec 2, 2019 4:02pm Dec 2, 2019 4:02pm
Quoting jgadefelth
Maybe will help and give some ideers for psycology. Looking forward to see some more trades this week lets make a new record on the accont how about 5000 ? https://www.youtube.com/watch?v=pf_hCT7D6lo Best regards
Thanks a lot! But it seems for me, that my emotions comes from not exactly knowing what I'am doing in my trades. But I have my tading plan.

I hope that market will give me a chance to reach the target of 5.000$ this month.
  • #94
  • Dec 2, 2019 4:08pm Dec 2, 2019 4:08pm
So, for now this trade is in positive result, and it's difficult for me to decide to hold this trade for the next day, or to close it. According to me experience, each time I was closing my tades price strongly moved in my direction, so this is the vote for replacing my stop-loss to breakeven and holding for one more day.

But for now, GBP/USD doesen't look strong, cause every pair made a strong move against dollar, but GBP/USD made only 40 pips and GBP/JPY drop down.

I decided to hold this trade for more, and this decision based only on experience that i got at previous month. Stop-loss at +1,8 pips just to cover negative swap. For now this is the zero sum trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd7.jpg Size: 439 KB
  • #95
  • Dec 3, 2019 4:12am Dec 3, 2019 4:12am
And GBP/USD trade is DONE for me, decided to close it, cause I starting to lose my emotional control, but nevertheless my experience from previous month gave me a good advice to hold this trade for a little bit longer, and I could reach almost 1:3 risk reward ratio.

Soon I will post the video with this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd9.jpg Size: 127 KB
  • #96
  • Dec 3, 2019 4:14am Dec 3, 2019 4:14am
Quoting PandaTradeFx
And GBP/USD trade is DONE for me, decided to close it, cause I starting to lose my emotional control, but nevertheless my experience from previous month gave me a good advice to hold this trade for a little bit longer, and I could reach almost 1:3 risk reward ratio. Soon I will post the video with this trade. {image}
Ok so what was your orginal ideer about this was it 1:3 risk reward ?

Best regards
  • #97
  • Dec 3, 2019 4:33am Dec 3, 2019 4:33am
Quoting jgadefelth
{quote} Ok so what was your orginal ideer about this was it 1:3 risk reward ? Best regards
My main target was to reach 1:2 risk reward ratio, but in the morning I saw a potential for growth and decided to hold it for a little bit longer. Ovarall I was execting that price will go up strongly in one day, but from Friday there was no any massive move. So, this trade is according to me rules. Thank you a lot!=)
  • #98
  • Dec 3, 2019 4:35am Dec 3, 2019 4:35am
Quoting PandaTradeFx
{quote} My main target was to reach 1:2 risk reward ratio, but in the morning I saw a potential for growth and decided to hold it for a little bit longer. Ovarall I was execting that price will go up strongly in one day, but from Friday there was no any massive move. So, this trade is according to me rules. Thank you a lot!=)

Great if it was by rules looking forward to video and more trades and to see what accountsize you have now ?

Best regards
  • #99
  • Dec 3, 2019 4:38am Dec 3, 2019 4:38am
Quoting jgadefelth
{quote} Great if it was by rules looking forward to video and more trades and to see what accountsize you have now ? Best regards
I will post it in two hours. NEW RECORD 1.286$ =)
  • #100
  • Dec 3, 2019 5:03am Dec 3, 2019 5:03am
Quoting PandaTradeFx
{quote} I will post it in two hours. NEW RECORD 1.286$ =)
A few more winners and we at 5000

Best regards
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