Watch the rise (or fall) of a trader gone naked

Hi beam,
been out for a while, hope you are progressing.

Thanks, Bankshot. This month has been a little tougher. We'll see how it ends.

beam

Sell stop @ 1.228. Initial SL @ 1.236.

Moved SL down to 1.2327, previous high.

SL moved down to 1.232, ~ previous high. Risk is now reduced to 50% of initial risk.

SL moved down to 1.231, ~ previous high.

SL to break even

Stopped out at break even.

Sell stop @ 1.22. SL @ 1.235. This is a "safety order" just in case cause I have to go sleep. The setup will probably be changed tomorrow.

I canceled the sell stop.

Sell stop @ 1.226. SL @ 1.23.

News coming up within 25 minutes. I'll wait. To tight stop for these news announcements.

If the market makes a new high below 1.235, I'll place a new sell stop @ 1.225.

It didn't...

Hmm, have you noticed that price ALWAYS moves away from the current price?

....

Been doing some research... That's why my thread's been a little quiet lately.

Hi, above 1.2613, I will probably go long.

beam

I've made it past the first hurdle, or is the 10th...? I've got a profitable system! Can you believe that?! Oh it feels so good!

It's totally technical, no discrete decisions at all, and no fundamentals. Backtested the s**ker for 10 years, and yes, it's got drawdowns, but nothing good old MM can't take care of. Been trading it for a while now, and it has brought 11% to my account.

Naturally, there are no guarantees that it'll continue to be profitable, but the odds are good. It has got a few crucial compontents. It's also simple and straightforward.

I'm also aware that there are more hurdles ahead but they will improve my system.

I won't share it. I've been taught (Thank you so much! You know who you are...) that one has develop as a trader (and as a person) by yourself. It makes findings all that more clear and one achieves a greater understanding for the system and the indicators in it, and how they work on the inside.

peace,
beam

The profitable system is still active on EURUSD Daily. But I'm a little bit frustrated. Been waiting for a new opportunity since beginning of October. Therefore, I'm going to start trading a similar system on 1H. Will post trades here, as they happens, to the best of my ability.

beam

Short @ 1.36217
SL @ 1.3668

Don't follow these trades!

SL @ 1.3622

Don't follow these trades!