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My road to FX

  • #41
  • Jul 30, 2011 2:59am Jul 30, 2011 2:59am
End of the month. First month of refreshed trading system. Results are good for me and I want to keep my trading system and take regular profit from next months. Details of my trades you can find in myFxBook.
http://www.myfxbook.com/members/Astalla/astalla-investment-ii/119124

Good weekend for you !

Attached Image
  • #42
  • Aug 1, 2011 12:10pm Aug 1, 2011 12:10pm
Today's trades:
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 5 KB
  • #43
  • Aug 1, 2011 12:24pm Aug 1, 2011 12:24pm
My advice would be to keep doing exactly what you are doing. Your trades are turning profits for you, so you are on the right path. Try not to think it terms of $ if you can. Think it terms of % because that's all that this business is...it's a % game.

I was wondering if you would mind sharing the spreadsheet that you are using to track your trades that you take.



Quoting Gopixus
Today's trades:
Attachment
Changing my life one pip at a time!
  • #44
  • Aug 1, 2011 2:46pm Aug 1, 2011 2:46pm
Quoting StayFocused
My advice would be to keep doing exactly what you are doing. Your trades are turning profits for you, so you are on the right path. Try not to think it terms of $ if you can. Think it terms of % because that's all that this business is...it's a % game.

I was wondering if you would mind sharing the spreadsheet that you are using to track your trades that you take.
Thanks. You can track my trades with myfxbook here : http://www.myfxbook.com/members/Asta...ment-ii/119124 .

Sometimes I close to early my profit position but some day will be better. My goal is earn more money than my 8 hours job. Now this is first step.

Greetings to you
  • #45
  • Aug 1, 2011 2:59pm Aug 1, 2011 2:59pm
Yes, as time goes on, you will build up more confidence and that will allow for you to hold onto your trades longer. Another thing that helps with this is gradually moving up your stop loss to get it to breakeven as soon as you can without moving it too quickly.

For me, when my trade is +20, I move my stop to breakeven if I'm monitoring it. If I'm going to be away, I move it to +10. Once I'm +40, I move it to +35. My target for all of my trades is +50 pips. If I'm monitoring my trades, I watch what price action is doing and then I react so I sometimes move my stop too quickly but they say you never go broke taking profits so I'm okay with that.

What I meant about your spreadsheet is the chart that you have that has the green and red bars for your winners and losers. It looks like an excel spreadsheet so that's why I was asking if you would share it. I did not know those screenshots were from myfxbook.com

Great trading!

Quoting Gopixus
Thanks. You can track my trades with myfxbook here : http://www.myfxbook.com/members/Asta...ment-ii/119124 .

Sometimes I close to early my profit position but some day will be better. My goal is earn more money than my 8 hours job. Now this is first step.

Greetings to you
Changing my life one pip at a time!
  • #46
  • Aug 2, 2011 10:55am Aug 2, 2011 10:55am
Yes my printscreens are from my xls file. I enter data there by hand for my own stats. In myfxbook there you can find my every trade.

I like your way to trade. I also want to often set my trades to breakeven. By the way, there are my today's trades :
open close pips $
08.02.2011 09:00 08.02.2011 10:13 GBPUSD Buy 0.05 - 1.62748 1.62936 18.8 9.40
08.02.2011 03:59 08.02.2011 04:15 EURUSD Buy 0.02 - 1.41910 1.42102 19.2 3.84
08.02.2011 03:59 08.02.2011 04:12 EURUSD Buy 0.03 - 1.41910 1.42131 22.1 6.63

As you can see, I close first 0,03 lot and then the rest 0,02. I can't manage my trades like I want because I trade from work.

Greetings !

Quoting StayFocused
Yes, as time goes on, you will build up more confidence and that will allow for you to hold onto your trades longer. Another thing that helps with this is gradually moving up your stop loss to get it to breakeven as soon as you can without moving it too quickly.

For me, when my trade is +20, I move my stop to breakeven if I'm monitoring it. If I'm going to be away, I move it to +10. Once I'm +40, I move it to +35. My target for all of my trades is +50 pips. If I'm monitoring my trades, I watch what price action is doing and then I react so...
  • #47
  • Aug 2, 2011 1:25pm Aug 2, 2011 1:25pm
Would you mind sharing the xls spreadsheet that you use? I would like to track my trades the way that you do using a spreadsheet.

I learned to trail my trades after having many experiences where I was in profit a decent amount of pips and let the trade turn into a loser. Rather than have that happen to me time and time again, I learned to protect my capital. Sometimes I move it to soon and get stopped out only to see my take profit be hit (like last night...made less than 1% profit when my 10% profit target was hit). I ended up making 10% today though on another trade that I placed later in the day.

Hopefully you don't mind sharing your spreadsheet as it would be a nice feature to have.

Quoting Gopixus
Yes my printscreens are from my xls file. I enter data there by hand for my own stats. In myfxbook there you can find my every trade.

I like your way to trade. I also want to often set my trades to breakeven. By the way, there are my today's trades :
open close pips $
08.02.2011 09:00 08.02.2011 10:13 GBPUSD Buy 0.05 - 1.62748 1.62936 18.8 9.40
08.02.2011 03:59 08.02.2011 04:15 EURUSD Buy 0.02 - 1.41910 1.42102 19.2 3.84
08.02.2011 03:59 08.02.2011 04:12 EURUSD Buy 0.03 - 1.41910 1.42131 22.1 6.63

As you can see, I close...
Changing my life one pip at a time!
  • #48
  • Aug 2, 2011 3:18pm Aug 2, 2011 3:18pm
Attached File(s)
File Type: xls FxManager (2).xls   19 KB | 338 downloads


Simple xls file without formulas same as I use.

Greetings
  • #49
  • Aug 4, 2011 11:55am Aug 4, 2011 11:55am
buy 0,05 EUR/USD 1.4286
buy 0,05 EUR/USD 1.4265



I don't place SL !!!
  • #50
  • Aug 5, 2011 2:50pm Aug 5, 2011 2:50pm
Today's trades (trying to get out from hell) :
open close pips $
08.04.2011 05:03 08.05.2011 09:25 EURUSD Buy 0.02 1.42653 1.42138 -51.5 -10.30
08.04.2011 05:03 08.05.2011 09:16 EURUSD Buy 0.01 1.42653 1.41794 -85.9 -8.59
08.04.2011 05:03 08.05.2011 09:03 EURUSD Buy 0.02 1.42653 1.41532 -112.1 -22.42
08.04.2011 03:35 08.05.2011 08:42 EURUSD Buy 0.05 1.42862 1.41504 -135.8 -67.90
08.04.2011 15:22 08.05.2011 08:29 GBPUSD Buy 0.05 1.62790 1.62986 19.6 9.80
08.04.2011 00:38 08.04.2011 01:23 EURUSD Buy 0.05 1.42893 1.42712 -18.1 -9.05

Close to disaster, very close... All profit was disappeared...... No comment. I need a break.

ALWAYS PLACE STOP LOSS !!!
  • #51
  • Aug 6, 2011 4:18am Aug 6, 2011 4:18am
It's time to refresh rules :

 

  1. Max SL 25 pips

  1. 0,1 lot max

  1. Always place SL

  1. Try to enjoy free trades if price go up +20 pips, set SL to breakeven or +5,+10 pips,

  1. Don't turn profit to lose (If price is up +10,15 pips. If lower than +10 pips, you can wait and don't close position. Price will go up or simply hit my SL but is ok then)

  1. Try to RR > 1

  1. Try to set TP zone before you hit SELL/BUY button

  1. Close all position before weekend


I have to mainly focus on R/R, and don't make stupid trades like yesterday. I don't give up because I know I can !!!

Yes I can !

  • #52
  • Edited 3:55pm Aug 10, 2011 1:03pm | Edited 3:55pm
Goodbye everybody ... I will be back.
  • #53
  • Aug 11, 2011 4:19am Aug 11, 2011 4:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 11082011_1.png Size: 32 KB

___________
sell
eur/usd
1.4228
sl : 1.4245
___________
  • #54
  • Aug 14, 2011 6:17pm Aug 14, 2011 6:17pm
great job. Starting slow is the way to go! You are heading in the right path. Good luck!


Quoting Gopixus
EUR/USD
784934124 July 27 07:57:44 2011 EDT Buy Market 1.44489 5,000 701.98
784935109 July 27 08:03:30 2011 EDT Close Position 1.44536 5,000 +$2.3500 704.33

EUR/USD
785043579 July 27 12:07:50 2011 EDT Sell Market 1.43575 5,000 704.33
785047048 July 27 12:10:04 2011 EDT Close Trade 1.43426 5,000 +$7.4500 711.78



Edit for add stats :
Attachment
Trade what you see, not what you think!
  • #55
  • Aug 31, 2011 11:39am Aug 31, 2011 11:39am
End of the month. It's time for stats. I don't have time to active trade and do my best but I try to earn money month by month. Beginning of the month was very bad, but I have learn something to always place sl. I start from 650$, now I have 569$. Tomorrow we start new month, new capabilities and new energy to close month at profit.

Greetings

Attached Image
  • #56
  • Sep 12, 2011 2:40pm Sep 12, 2011 2:40pm
Actual rate of return for September : 11%
Balance : $631



Attached Image
  • #57
  • Sep 13, 2011 2:03pm Sep 13, 2011 2:03pm
Today's trades 13/09/2011.
Balance : $657

Attached Image (click to enlarge)
Click to Enlarge Name: 130920111.png Size: 11 KB
  • #58
  • Sep 14, 2011 2:43am Sep 14, 2011 2:43am
Catch 50% fibo down trend :

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadtrade.gif Size: 17 KB


sell 0,1 lot 0,9921, close 0,9900 +$21,11
  • #59
  • Sep 14, 2011 2:13pm Sep 14, 2011 2:13pm
Balance : $683
Today's trades :
Attached Image (click to enlarge)
Click to Enlarge Name: trades1409.png Size: 18 KB


One of trade close at BE. Rest of trades could be more profitable but... this is FX.
  • #60
  • Sep 14, 2011 2:25pm Sep 14, 2011 2:25pm
Try 61,8% fibo down move
sell EUR/GBP 0,8721
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