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Trading for a living. Are we forex-ready?

  • #241
  • Edited 9:07am Jan 29, 2011 8:05am | Edited 9:07am
Hi everybody,
we are growing up. We have finished our first quarter with Trading for a living. Is it really possible ?
It is too short time to answer the main question, but we can surely say - we have survived!
What's more we are doing not so bad. We are loosing many trades but we have not experienced a big draw down so far.
In the next post we will publish the statistical data of our trading. It will show that the win ratio is rather low.
In spite of this fact the account is growing. We have gained 14,67 % in a q. It gives 58,68 % (not compounded) NOT BAD!


Of course it would not be easy to live on an investment amounting to $10k but our idea was not to open the business with that sum
but rather we have chosen this number to have an easy count and comparison than the real BASE FOR LIVING.

Peter & Chris
Jesus Christ is my only Lord !
  • #242
  • Jan 31, 2011 7:07am Jan 31, 2011 7:07am
Quoting hipcio
Hi everybody,
we are growing up. We have finished our first quarter with Trading for a living. Is it really possible ?
It is too short time to answer the main question, but we can surely say - we have survived!
What's more we are doing not so bad. We are loosing many trades but we have not experienced a big draw down so far.
In the next post we will publish the statistical data of our trading. It will show that the win ratio is rather low.
In spite of this fact the account is growing. We have gained 14,67 % in a q. It gives 58,68 % (not compounded)...
Here is the table with all our trades


Peter
Jesus Christ is my only Lord !
  • #243
  • Jan 31, 2011 12:56pm Jan 31, 2011 12:56pm
USD/CHF buy limit 0.9394 SL 0.9370 TP 0.9475 TR 46


Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 31.01.2011.gif Size: 15 KB
Jesus Christ is my only Lord !
  • #244
  • Feb 1, 2011 2:19am Feb 1, 2011 2:19am
Quoting hipcio
USD/CHF buy limit 0.9394 SL 0.9370 TP 0.9475 TR 46


Peter
The trade has opened just before the news,

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1.02.2011.gif Size: 19 KB
Jesus Christ is my only Lord !
  • #245
  • Feb 1, 2011 2:47am Feb 1, 2011 2:47am
Quoting hipcio
USD/CHF buy limit 0.9394 SL 0.9370 TP 0.9475 TR 46


Peter
Trailing is on

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1.02.2011 1.gif Size: 19 KB
Jesus Christ is my only Lord !
  • #246
  • Feb 1, 2011 4:29am Feb 1, 2011 4:29am
usd/cad sell limit 1.0020 sl 1.0049 tp1 0.9927 tp2 0.9807 TR1 56 TR2 86

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 1.02.2011.gif Size: 23 KB
Jesus Christ is my only Lord !
  • #247
  • Feb 1, 2011 10:18am Feb 1, 2011 10:18am
Quoting hipcio
USD/CHF buy limit 0.9394 SL 0.9370 TP 0.9475 TR 46


Peter
closed +16 pips = $152,80

our actual acc. balnace is $11.620.20


starting capital $10.000.00

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1.02.2011a.gif Size: 14 KB
Jesus Christ is my only Lord !
  • #248
  • Feb 1, 2011 10:20am Feb 1, 2011 10:20am
Quoting hipcio
usd/cad sell limit 1.0020 sl 1.0049 tp1 0.9927 tp2 0.9807 TR1 56 TR2 86

Peter
cancelled

Peter
Jesus Christ is my only Lord !
  • #249
  • Feb 1, 2011 11:11am Feb 1, 2011 11:11am
usd/chf sell limit 0.9432 sl 0.9454 tp 0.9357

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1.02.2011aa.gif Size: 16 KB
Jesus Christ is my only Lord !
  • #250
  • Feb 1, 2011 11:42am Feb 1, 2011 11:42am
Quoting hipcio
usd/chf sell limit 0.9432 sl 0.9454 tp 0.9357

Peter
camcelled

Peter
Jesus Christ is my only Lord !
  • #251
  • Feb 2, 2011 5:38am Feb 2, 2011 5:38am
Very good, mate. Like your journey. I planned to do a similar story.

Keep up the good work!
  • #252
  • Feb 2, 2011 5:56am Feb 2, 2011 5:56am
Quoting 21vs7
Very good, mate. Like your journey. I planned to do a similar story.

Keep up the good work!
Thank You for visiting us and so nice words

Peter
Jesus Christ is my only Lord !
  • #253
  • Feb 7, 2011 3:22pm Feb 7, 2011 3:22pm
EUR/USD buy limit 1.3529 SL 1.3501
TP1 = 1.3635; TP2 = 1.3748; initial TR = 56; target TR = 79.

Peter
Jesus Christ is my only Lord !
  • #254
  • Feb 8, 2011 12:32am Feb 8, 2011 12:32am
Quoting hipcio
EUR/USD buy limit 1.3529 SL 1.3501
TP1 = 1.3635; TP2 = 1.3748; initial TR = 56; target TR = 79.

Peter
cancelled

Peter
Jesus Christ is my only Lord !
  • #255
  • Feb 9, 2011 10:08am Feb 9, 2011 10:08am
GBP/USD buy limit 1.6058 SL 1.6025

TP1 = 1.6178; TP2 = 1.6313; initial TR = 65; target TR = 96.
Jesus Christ is my only Lord !
  • #256
  • Feb 9, 2011 10:31am Feb 9, 2011 10:31am
Quoting hipcio
GBP/USD buy limit 1.6058 SL 1.6025

TP1 = 1.6178; TP2 = 1.6313; initial TR = 65; target TR = 96.
and a chart


Peter
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 9.02.2011.gif Size: 13 KB
Jesus Christ is my only Lord !
  • #257
  • Feb 11, 2011 3:56am Feb 11, 2011 3:56am
Quoting hipcio
EUR/USD buy limit 1.3529 SL 1.3501
TP1 = 1.3635; TP2 = 1.3748; initial TR = 56; target TR = 79.

Peter
we lost this trade -2%

our acc. balance $11387,80

starting capital $10.000


Peter
Jesus Christ is my only Lord !
  • #258
  • Feb 16, 2011 1:49pm Feb 16, 2011 1:49pm
GBP/USD buy limit 1.6018 SL 1.5982 TP 1.6151 TR 72

Peter
Jesus Christ is my only Lord !
  • #259
  • Feb 16, 2011 1:56pm Feb 16, 2011 1:56pm
Quoting hipcio
GBP/USD buy limit 1.6018 SL 1.5982 TP 1.6151 TR 72

Peter
and a chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 16.02.2011.gif Size: 15 KB
Jesus Christ is my only Lord !
  • #260
  • Feb 17, 2011 9:31am Feb 17, 2011 9:31am
Quoting hipcio
GBP/USD buy limit 1.6018 SL 1.5982 TP 1.6151 TR 72

Peter
cancelled

Peter
Jesus Christ is my only Lord !
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