EDIT: £20,000 TARGET FROM £2000 HIT ON 16TH OCTOBER 2009: http://www.forexfactory.com/showpost...1&postcount=44
THIS THREAD NOW CONTINUED AT: "Direct-Trade £20K - £200K" here: http://www.forexfactory.com/showthre...83#post3163683
Hello!
Welcome to my Journal.
This journal is exactly that, and is not a service, is not a recommendation to follow my trades, and is not for the purpose of showing a method with the potential to collect "customers" or paid signals etc etc.
This is a trading method I am tweaking and I am very prepared to lose the amount shown. It is traded aggressively with extreme risk. My main account is traded very differently and is with a different broker.
For the purposes of this particular method I opened a £2000 account with Oanda to test my method, it is not a demo. It will be traded until either bust or £20,000. When £20,000 reached, I will try to take it to £200,000. Sounds like fantasy and probably is, but will be an interesting distraction for me from trading my own very boring (boring is good BTW) main account.
My first trade on this account is G/J SELL 140.17. My stop is a mental stop, but placed above 145 as an emergency feature. My TP is at 122 area, but will be reassessed and changed as the trade progresses.
Every trade will have the screenshot posted for my records.
Thanks
Update 04/07/09: Account at £2800 from £2000. Trades have now been adjusted to a TP of 150 and SL of 100.
THIS THREAD NOW CONTINUED AT: "Direct-Trade £20K - £200K" here: http://www.forexfactory.com/showthre...83#post3163683
Hello!
Welcome to my Journal.
This journal is exactly that, and is not a service, is not a recommendation to follow my trades, and is not for the purpose of showing a method with the potential to collect "customers" or paid signals etc etc.
This is a trading method I am tweaking and I am very prepared to lose the amount shown. It is traded aggressively with extreme risk. My main account is traded very differently and is with a different broker.
For the purposes of this particular method I opened a £2000 account with Oanda to test my method, it is not a demo. It will be traded until either bust or £20,000. When £20,000 reached, I will try to take it to £200,000. Sounds like fantasy and probably is, but will be an interesting distraction for me from trading my own very boring (boring is good BTW) main account.
My first trade on this account is G/J SELL 140.17. My stop is a mental stop, but placed above 145 as an emergency feature. My TP is at 122 area, but will be reassessed and changed as the trade progresses.
Every trade will have the screenshot posted for my records.
Thanks
Update 04/07/09: Account at £2800 from £2000. Trades have now been adjusted to a TP of 150 and SL of 100.
Attached Image (click to enlarge)
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