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  • #241
  • May 7, 2009 6:41am May 7, 2009 6:41am
Ok, time for another update. Actually I did not very well late in April due to the break down of the 1.2950 barrier which was a fake one - but afterwards it's always easy to see.

So I closed some Euro longs down there and booked some losses again. Again I just had too many trades running.

Phew... so I just thought about everything and decided to calm down a bit and do more relaxed trading... Will see how this turns out.

End of april my balance/nav was at 8,559.92. A new historical low. I'll post my statements later again...
  • #242
  • May 7, 2009 8:54am May 7, 2009 8:54am
Quote
...A new historical low. ...

No worries. historical lows means historical highs in the future.
Definitely watching this "epic" journey of yours. Keep it up!
  • #243
  • May 7, 2009 9:19am May 7, 2009 9:19am
Thanks for your kind words. Actually I expected some kind of "loser bashing".
  • #244
  • May 8, 2009 2:01am May 8, 2009 2:01am
Ok, as I promised, here comes the transactions list.

I decided to close my grids as this just became to inflexible in the long run (e.g. for the case I want to do a short trade in the EU - simple hedging isn't possible with Oanda using the same pair in the same account). That's why the list is very long.

I try to keep it more simple from now on. Still a long way to recover those losses but I'm on the way.

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_1.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_2.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_3.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_4.png
  • #245
  • May 8, 2009 2:02am May 8, 2009 2:02am
Part II:

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_5.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_6.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_7.png

http://www.xaron.net/dl/fx/2009/ib/t...s_300409_8.png
  • #246
  • May 12, 2009 9:41pm May 12, 2009 9:41pm
Quoting Xaron
Hi all,

starting this thread I will try to reach something that some already have done and most never will manage to do.

I want to make my first million by trading in the forex market starting with only 10,000 Euro over a period of 10 years. And I want to document it here so everyone can see if I fail or not.

10 years are a long period at least in the forex markets and market conditions will change in that period. So how will I try to achieve my goal?

The first two months I tried a pure mechanical approach using inside bars. This attempt...
why does it have to take you 10 years? When you can do it in over half that time??
{Promotion Removed}
  • #247
  • May 14, 2009 2:31am May 14, 2009 2:31am
Transactions from last week:

http://www.xaron.net/dl/fx/2009/ib/t...s_100509_1.png

http://www.xaron.net/dl/fx/2009/ib/t...s_100509_2.png

http://www.xaron.net/dl/fx/2009/ib/t...s_100509_3.png

http://www.xaron.net/dl/fx/2009/ib/t...s_100509_4.png
  • #248
  • May 14, 2009 2:32am May 14, 2009 2:32am
Quoting pipsr4kids
why does it have to take you 10 years? When you can do it in over half that time??
Yes, of course that is possible. But as you can see at least for me it isn't that easy.
  • #249
  • May 14, 2009 3:42am May 14, 2009 3:42am
Quoting Xaron
Yes, of course that is possible. But as you can see at least for me it isn't that easy.
Well I see your recouping some of your losses
{Promotion Removed}
  • #250
  • May 16, 2009 3:07am May 16, 2009 3:07am
Transactions from last week:

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_1.png

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_2.png

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_3.png

http://www.xaron.net/dl/fx/2009/ib/o...ons_160509.png

http://www.xaron.net/dl/fx/2009/ib/account_160509.png
  • #251
  • May 16, 2009 3:26am May 16, 2009 3:26am
Quoting Xaron
Transactions from last week:

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_1.png

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_2.png

http://www.xaron.net/dl/fx/2009/ib/t...s_150509_3.png

http://www.xaron.net/dl/fx/2009/ib/o...ons_160509.png

http://www.xaron.net/dl/fx/2009/ib/account_160509.png
I want to see a chart on a losing trade so we can look at where it went wrong? Also are you following the volume so you can see the participation of professional money in the pair?
{Promotion Removed}
  • #252
  • May 19, 2009 4:21am May 19, 2009 4:21am
Xaron,

form what i can see from your reports, you make a lot of trades/day. Have you tried a strategy that doesn't involve so many trades/day /going on a higher timeframe ? From my experience that is the best way to trade.
Twitter: @forexpokerpro
  • #253
  • May 20, 2009 8:29am May 20, 2009 8:29am
You might be right. Usually I trade from 30m-daily and sometimes with no chart at all.
  • #254
  • May 21, 2009 4:18am May 21, 2009 4:18am
Yay, break even day - the second time. I'm back above 10k again. Will this be the first month I'm in the plus?
  • #255
  • May 21, 2009 10:59am May 21, 2009 10:59am
Quoting Xaron
Yay, break even day - the second time. I'm back above 10k again. Will this be the first month I'm in the plus?
great to hear that man !
Twitter: @forexpokerpro
  • #256
  • May 22, 2009 6:08am May 22, 2009 6:08am
That must had been my best week ever... More than 20%.

Transactions from this week:

http://www.xaron.net/dl/fx/2009/ib/t...s_220509_1.png

http://www.xaron.net/dl/fx/2009/ib/t...s_220509_2.png

http://www.xaron.net/dl/fx/2009/ib/t...s_220509_3.png

http://www.xaron.net/dl/fx/2009/ib/t...s_220509_4.png

http://www.xaron.net/dl/fx/2009/ib/account_220509.png
  • #257
  • May 22, 2009 9:37am May 22, 2009 9:37am
Very nice, keep going
  • #258
  • May 24, 2009 4:28pm May 24, 2009 4:28pm
good for you Xaron , keep it up
Twitter: @forexpokerpro
  • #259
  • May 26, 2009 1:45pm May 26, 2009 1:45pm
GLAD seeing you on the POSITIVE side again.
__Thanks__ MJ
  • #260
  • May 28, 2009 9:28am May 28, 2009 9:28am
Looking good, keep it rollin'
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