My trading journey

made kjust 30 pips ...right now i am single women guy....UJ...


V

this what i saw after i came back from errands




but woaahhh!!!

hehehe my lady is using energiser battery... keeps on going... going...going...



.........


L2 & L3 squared!!!

.... the reason... i need to cover my winnings quick... and deploy again when opportunity comes... just spiraling... my skew...

congrats to you with your fat profit

This is an awesome journal donsky, I have spent the last 2 days reading it, so glad it is still active. the time you have spent relaying your thought processes is invaluable, so I thank you very much.

I have been in fx since 2007, tho the first year I stuck to the system that I was taught, and mainly on demo, but I couldn't get it...so began the round of courses, reading, hopping, but couldn't find anything that worked consistently enough and that suited me...

So I went back to demo and started playing - and discovered that by adding to losers (taboo!!) most of the time I managed to get out at break-even or with much profit, and as I was making profit the odd loser was no trouble to take...still I felt I was only one step away from disaster doing this - there would be that day, when I couldn't get out...but in my 2 demo accounts I had more than quadrupled both, while scratching tentatively with my live account...

I kept trying to have this plan, reason for entry, Ma's, Fibs, Volume, candle, I'd wait for hours for price to reach an area of interest, and typically it would sail right thro it leaving me on sidelines or holding a loss...etc...

I'd sit all weekend charting stuff, news reading, plan after plan and rule after rule, some worked, a bit, some didn't, meanwhile my demo and live were working. I tried to quantify the what and how I traded, all I came up with was I guessed, know that sounds daft and insane for rule no 1 capital preservation...I use a money based stop - bail out when loss limit threshold reached, and loss is recoupable...No matter what else I try, somehow I return to this 'disaster in the making, anti the trading mantra of cut losses'

So I thought why not try and refine my disasterous mode of trading, hence TAF, I'd tried to read it before, twice, but deciphering it twas like learning a foreign language, and thro it I stumbled upon your journal...

Tis like a breath of fresh air.

I aim to reread, all the info, along with the Fti stuff and other nuggets, and see if I can pick it up, I realise all I have been doing is rescuing, and need much, much more than that before I risk a dime, however a glimmer of hope shines....and much reading and practising...

Apologies for long post, thanks again, cheers and good luck.

annieb,

the way you sound, you already have an edge... my advice to you, don't stop whatever your experiences maybe... only the quitter will never succeed to this business they called forex trading

read and re-read TAF thread and you will find heaps gold nuggets from fti and all TAFers...

regards

............

just feeling the terrain... and market's dead ... waititng for something...

daily... very bearish...



bearish





boring...





let's see...

entered short... 1.4251

L2 4253
...
closed

L2 deployed short 1.4268

thanks dongsky...happy trading, I'm not finding todays PA a breeze, but chipping away...tomorrow is another day to guess the trend!

yesterday was unexpectedly shocking!!! killed few troops as price action surprisingly reacted with the not so important new releases of euro yesterday... but again... market is alive... cannot outsmart her...

i need to check ego again from time to time from now on...

we'll another day... another dollar so let's bring them on...


..........

currently i'm still managing my troubled soldiers... checking ego....CHECK!!

.... okay battlestation....CHECK!!! heheheh

L2 deployed... we'll see

ego check !!!

aren't they reached ceiling yet???

boy o boy

L3 deployed

They may have further testosterone left in this EUR bull... Let's see how it react @ 4350... My Bull traps is on standby there

Hi,

great trading journal.

can you please advise how you determine scout ?

do you only use 1 MA ?


Thanks,

i'm wrong... just too soon... checking......... check!

be nimble... i was slaughtered yesterday

Hi pip1st,

thanks for nice words

a scout is used to feel the market as price action gyrating... this will help to determine or confirm my sentiment... if i am correct and ridding with current market's direction then the time for me to implement my battle plan... that is my modus operandi... to execute my skews (level of attacks) and to where to deploy each level is depending of the scouts lead... for the scout is the one feeling and advancing the terrain...

if you really keen to learn my kind of trading... visit this site... http://www.forexfactory.com/showthread.php?t=57639 and learn... try to dig the golden treasures hidden deep... deep... deep inside... the thread...


time frames??? i normally start viewing higher time frames to get bias... and i dance with 5 minutes (managing exposures) but i normally check 1 minute for good and lower risk entries...

regards,