My Trading Journal

I'm not teaching anything here just keeping a visual journal of trades. I trade around the news so 8:30am to 11am Eastern Standard Time.

My goal is to earn from 1% to 7.5% per trade. Sometimes it doesn't happen as you will see below.

First trade - Stop can't be seen as it is above the chart point of view


I will be depositing more money to the account here and there as necessary

Had a couple of small losses today

Moved my stop down too early and got tacked out of the trade for 2 pips profit

Solid start to the year

Here is a liveish trade


I closed the trade for +7.5 pips. Eur/usd didn't want to break the range high

Should have been more patient. (Im always getting in and out to early. It's a personal flaw =(

Here is how the trade would have turned out

This is how todays trade is looking so far



Here is how the trade panned out +8 pips

It's looking like I'm getting stopped out today

Today I earned back what I lost yesterday. Probably could have let it go longer but I'm happy with what I got

Here is the start of my vary first london session trade



Here is where I got out for +13 pips. Honestly I jumped the gun so to speak and got out too early


Almost back to break even $400 again which makes me happy

My next trade



Wasn't looking great so I got out for +3 pips

Yay I'm back above break even

Took a trade this evening in Aus/usd here's how it's going



Closed the trade +13 pips

A note I deposited $100 to the account today and will continue to do this until it doesn't make sense to anymore. The goal is to build the account by trading and depositing as often as possible until $5,000 or so dollars. Broker is still Oanda, they seem to be a good broker since I haven't had any issues with them for years.

So I just learned a vary valuable lesson. Always check the spread indicator before entering a trade. Basically price traded down real quick and I was expecting higher prices on AUD/USD. But the spread was 10 pips which is half my stop. Oh well looks like it's coming back up.



My first trade for AUD/USD was a success +$5.40 (+1%) I didn't like how long the trade was taking so I exited early



Entered long USD/JPY

Got out for -1 pipet

Buying EUR/USD live trade



Closed for minus a few pips

New EUR/USD trade



+19 pips

First london GBP/USD buy today



out for -10 pips

I'm just made a new trade explorer for a new account with EagleFx. The problem is I'm having trouble attaching it to my journal page. Maybe it just takes a while to get into the system idk. I'll try again tomorrow.

I've decided to try something different. Use huge leverage to double my money quick. Most likely I'll lose the but it's just for fun.

With EagleFx you get up to 500:1 leverage on forex pairs. Which you can use to double your money every 20 pips. I really hope this broker is trust worthy with small accounts. High leverage brokers I've tried in the past have failed such as Tradersway. Tradersway are definitely not a good broker. They would not let market/stop/limit orders through or jump to your stop. This is the only high leverage unregulated broker I've tried until now. So here is for hoping EagleFx will be reliable. If not I'll stick with Oanda.

The nice thing about EagleFx is they have bitcoin deposit/withdrawal. I happen to live next to a store with a bitcoin ATM. Deposit took about 2-3 hours. And setting up mt4 was easy. Their site looks professional too.

Here is a pic of what compounded interest can do with doubling over and over again with high leverage.



My goal is $1,280 or double 7 times starting with a starting balance of roughly $10. 20 or more pips at a time. Sounds easy although actually doing it may prove difficult. We shall see. I'm not an affiliate with EagleFx so you will get the truth about them.

Wish me luck

First trade of the week



They jumped to my stop more than 15 pips away. I should have known a high leverage unregulated broker would be a scam.

Next Trade on EUR/USD 4h 3:1 R 20 pip stop



Didn't look like it wanted to move so I'm out at roughly break even.